BZAINasdaqSemiconductors & Related DevicesFiscal year ends December 31Also trades as BZAIW
Blaize Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$0.25+0.00 (+0.32%)
Close on Oct 19, 2026
- Market cap
- $34.08M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
38M
Shares held, 13F filers
Institutional holders
122
34 new, 20 sold out
Net institutional buying
8M
In Q2 2026
Insider trades, 12 months
0 buys · 10 sales
Net sold $1.08M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Meteora Capital, LLC | 947,411 | 6.35% | 13G (passive) | Dec 31, 2024 |
| Polar Asset Management Partners Inc. | 9,375,000 | 5.60% | 13G (passive) | Jun 30, 2026 |
| Munagala Dinakar | 9,259,316 | 6.00% | 13D (active) amendment | Aug 2, 2026 |
| Shahal Khan | 9,135,750 | 8.98% | 13D (active) amendment | May 13, 2025 |
| BlackRock, Inc. | 7,237,904 | 5.10% | 13G (passive) | Jun 30, 2026 |
| Dinakar Munagala | 6,826,304 | 6.00% | 13D (active) amendment | Nov 2, 2025 |
| Anderson Investments Pte. Ltd. | 6,353,023 | 6.30% | 13G (passive) | Jan 13, 2025 |
| Boothbay Fund Management, LLC | 343,594 | 8.40% | 13G (passive) | Jan 14, 2025 |
| Raphaelle Mahieu | 17,716,892 | 17.44% | 13G (passive) | Jan 13, 2025 |
| Lane Bess | 13,021,985 | 9.00% | 13D (active) amendment | Sep 16, 2026 |
| Ava Investors S.A. | 11,737,254 | 9.56% | 13G (passive) amendment | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BZAI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,387,308 | – | $10.19M | +1,742,482 | 0.00% |
| Vanguard Capital Management LLC | 4,654,065 | – | $6.42M | +1,069,738 | 0.00% |
| Geode Capital Management, LLC | 2,136,932 | – | $2.95M | +362,338 | 0.00% |
| Lazard Asset Management LLC | 1,986,835 | – | $2.74M | +782,631 | 0.00% |
| UBS Group AG | 1,807,978 | – | $2.50M | +265,504 | 0.00% |
| Marshall Wace, Llp | 1,607,810 | – | $2.22M | New | 0.00% |
| State Street Corp | 1,572,428 | – | $2.17M | +192,920 | 0.00% |
| Aqr Capital Management LLC | 1,501,041 | – | $2.07M | +289,598 | 0.00% |
| Citadel Advisors LLC | 1,247,768 | – | $1.72M | +1,170,785 | 0.00% |
| Nuveen, LLC | 954,564 | – | $1.32M | +838,859 | 0.00% |
| Morgan Stanley | 940,787 | – | $1.30M | +28,011 | 0.00% |
| Cantor Fitzgerald, L. P. | 919,384 | – | $1.27M | +150,153 | 0.01% |
| Temasek Holdings (Private) Ltd | 857,215 | – | $1.18M | −1,737,049 | 0.00% |
| Millennium Management LLC | 817,912 | – | $1.13M | New | 0.00% |
| Northern Trust Corp | 773,375 | – | $1.07M | +115,711 | 0.00% |
| Themes Management Co LLC | 762,160 | – | $1.05M | −78,840 | 0.70% |
| Charles Schwab Investment Management Inc | 720,616 | – | $994.45K | +135,170 | 0.00% |
| Vanguard Portfolio Management LLC | 590,901 | – | $815.44K | +76,269 | 0.00% |
| Vanguard Fiduciary Trust Co | 581,271 | – | $802.15K | +170,739 | 0.00% |
| AlphaCore Capital LLC | 570,358 | – | $787.09K | +130,010 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 122 | 38M | 34 / 53 | 22 / 20 | 13M | 4M |
| Q1 2026 | 110 | 30M | 37 / 37 | 17 / 24 | 12M | 8M |
| Q4 2025 | 98 | 29M | 29 / 33 | 17 / 6 | 7M | 2M |
| Q3 2025 | 75 | 24M | 43 / 18 | 6 / 8 | 13M | 4M |
| Q2 2025 | 40 | 15M | 16 / 9 | 5 / 13 | 1M | 4M |
| Q1 2025 | 37 | 18M | 37 / 0 | 0 / 0 | 18M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BZAI | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3,611,806 | – | $4.98M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,514,336 | – | $3.47M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 938,454 | – | $741.66K | 0.00% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 911,602 | – | $1.26M | 0.00% | Jun 30, 2026 |
| College Retirement Equities Fund - Total Global Stock Account | 815,210 | – | $1.12M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 807,950 | – | $1.11M | 0.01% | Jun 30, 2026 |
| Themes Generative Artificial Intelligence ETF | 762,160 | – | $1.05M | 3.13% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 448,517 | – | $789.39K | 0.00% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 309,216 | – | $544.22K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 289,739 | – | $399.84K | 0.03% | Jun 30, 2026 |
| Schwab U.S. Small-Cap ETF | 263,300 | – | $463.41K | 0.00% | May 31, 2026 |
| Schwab Small-Cap Index Fund | 192,236 | – | $151.92K | 0.00% | Jul 31, 2026 |
| Schwab Total Stock Market Index Fund | 124,540 | – | $98.42K | 0.00% | Jul 31, 2026 |
| Master Small Cap Index Series | 122,911 | – | $169.62K | 0.00% | Jun 30, 2026 |
| Nuveen Small Cap Blend Index Fund | 116,111 | – | $91.76K | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Dinakar Munagala | Chief Executive Officer, Director | 501,422 | Jun 10, 2026 |
| Kimberly Peterson Evans | General Counsel | 60,033 | Sep 1, 2026 |
| Stephen Paul Patak | Chief Revenue Officer | 4,391 | Jul 13, 2026 |
| Harminder Sehmi | Chief Financial Officer | 259,773 | Jul 6, 2026 |
| Kurt J. Lauk | Director | – | Aug 17, 2026 |
| Lane Bess | Director | 15,043,342 | Jul 9, 2026 |
| Anthony Cannestra | Director | 0 | Jul 8, 2026 |
| Edward H. Frank | Director | 378,757 | Dec 5, 2025 |
| Yoshiaki Fujimori | Director | 169,619 | Dec 5, 2025 |
| Urioste George de | Director | 169,619 | Dec 5, 2025 |
| Juergen Hambrecht | Director | 378,757 | Dec 5, 2025 |
| Bess Ventures & Advisory, LLC | 10% owner | 13,653,976 | May 12, 2026 |
| Raphaelle Mahieu | 10% owner | – | Apr 2, 2026 |
| Investors SA Ava | 10% owner | 11,737,254 | Apr 2, 2026 |
| Private Markets S.a r.l. Ava | 10% owner | – | Apr 2, 2026 |
| Benjamin Hazan | 10% owner | – | Jan 21, 2025 |
| Barthelemy Debray | 10% owner | 17,716,892 | Jan 21, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Kimberly Peterson Evans General Counsel | Sep 1, 2026 | Tax withholding | −6,728 | $0.49 | $3.30K | 60,033 |
| Kimberly Peterson Evans General Counsel | Sep 1, 2026 | Option exercise | +18,750 | – | – | 66,761 |
| Stephen Paul Patak Chief Revenue Officer | Jul 12, 2026 | Tax withholding | −609 | $1.23 | $749 | 4,391 |
| Stephen Paul Patak Chief Revenue Officer | Jul 12, 2026 | Option exercise | +2,500 | – | – | 5,000 |
| Lane Bess Director | Jul 7, 2026 | Other | +2,000,000 | – | – | 14,446,783 |
| Anthony Cannestra Director | Jul 6, 2026 | Sale(10b5-1 plan) | −50,000 | $1.35 | $67.50K | 0 |
| Anthony Cannestra Director | Jul 6, 2026 | Option exercise | +50,000 | $0.57 | $28.50K | 50,000 |
| Harminder Sehmi Chief Financial Officer | Jul 1, 2026 | Sale(10b5-1 plan) | −40,609 | $1.37 | $55.63K | 259,773 |
| Anthony Cannestra Director | Jun 8, 2026 | Sale(10b5-1 plan) | −50,000 | $1.68 | $84.00K | 0 |
| Anthony Cannestra Director | Jun 8, 2026 | Option exercise | +50,000 | $0.57 | $28.50K | 50,000 |
| Harminder Sehmi Chief Financial Officer | Jun 1, 2026 | Sale(10b5-1 plan) | −40,609 | $1.82 | $73.91K | 300,382 |
| Kimberly Peterson Evans General Counsel | Jun 1, 2026 | Tax withholding | −26,989 | $1.76 | $47.50K | 48,011 |
| Kimberly Peterson Evans General Counsel | Jun 1, 2026 | Option exercise | +75,000 | – | – | 75,000 |
| Anthony Cannestra Director | May 11, 2026 | Option exercise | +50,000 | $0.57 | $28.50K | 50,000 |
| Anthony Cannestra Director | May 11, 2026 | Sale(10b5-1 plan) | −50,000 | $1.85 | $92.50K | 0 |
| Bess Ventures & Advisory, LLC 10% owner | May 8, 2026 | Other | +2,000,000 | $1.83 | $3.66M | 13,653,976 |
| Lane Bess Director | May 8, 2026 | Other | +2,000,000 | – | – | 12,446,783 |
| Harminder Sehmi Chief Financial Officer | May 1, 2026 | Sale(10b5-1 plan) | −40,609 | $1.97 | $80.00K | 340,991 |
| Harminder Sehmi Chief Financial Officer | Apr 20, 2026 | Sale(10b5-1 plan) | −123,460 | $2.28 | $281.49K | 381,600 |
| Harminder Sehmi Chief Financial Officer | Apr 20, 2026 | Option exercise | +505,060 | $0.57 | $287.88K | 505,060 |
| Dinakar Munagala Chief Executive Officer, Director | Apr 17, 2026 | Sale(10b5-1 plan) | −50,000 | $2.54 | $127.00K | 501,422 |
| Dinakar Munagala Chief Executive Officer, Director | Apr 17, 2026 | Option exercise | +50,000 | $0.57 | $28.50K | 601,422 |
| Dinakar Munagala Chief Executive Officer, Director | Apr 17, 2026 | Sale(10b5-1 plan) | −50,000 | $2.54 | $127.00K | 551,422 |
| Stephen Paul Patak Chief Revenue Officer | Apr 12, 2026 | Option exercise | +2,500 | – | – | 2,500 |
| Anthony Cannestra Director | Apr 6, 2026 | Option exercise | +50,000 | $0.57 | $28.50K | 50,000 |
| Anthony Cannestra Director | Apr 6, 2026 | Sale(10b5-1 plan) | −50,000 | $1.75 | $87.50K | 0 |
| Investors SA Ava 10% owner | Mar 31, 2026 | Other | −5,145,638 | – | – | 11,737,254 |
| Yoshiaki Fujimori Director | Dec 3, 2025 | Award | +75,258 | – | – | 169,619 |
| Anthony Cannestra Director | Dec 3, 2025 | Award | +75,258 | – | – | 379,085 |
| Edward H. Frank Director | Dec 3, 2025 | Award | +75,258 | – | – | 378,757 |
| Juergen Hambrecht Director | Dec 3, 2025 | Award | +75,258 | – | – | 378,757 |
| Urioste George de Director | Dec 3, 2025 | Award | +75,258 | – | – | 169,619 |
| Edward H. Frank Director | Jun 28, 2025 | Award | +212,500 | – | – | 303,499 |
| Anthony Cannestra Director | Jun 28, 2025 | Award | +212,500 | – | – | 303,827 |
| Juergen Hambrecht Director | Jun 28, 2025 | Award | +212,500 | – | – | 303,499 |
| Lane Bess Director, 10% owner | Jun 28, 2025 | Award | +159,250 | – | – | 206,591 |
| Yoshiaki Fujimori Director | Jun 28, 2025 | Award | +94,361 | – | – | 94,361 |
| Urioste George de Director | Jun 28, 2025 | Award | +94,361 | – | – | 94,361 |
| Harminder Sehmi Chief Financial Officer | Jun 24, 2025 | Award | +362,081 | – | – | 574,236 |
| Dinakar Munagala Chief Executive Officer, Director | Jun 24, 2025 | Award | +2,421,971 | – | – | 4,346,696 |
| Dinakar Munagala Chief Executive Officer, Director | Apr 21, 2025 | Gift | −2,000 | – | – | 4,344,696 |
| Harminder Sehmi Chief Financial Officer | Jan 13, 2025 | Award | +212,155 | – | – | 212,155 |
| Dinakar Munagala Chief Executive Officer, Director | Jan 13, 2025 | Award | +1,924,725 | – | – | 1,924,725 |
| Juergen Hambrecht Director | Jan 13, 2025 | Award | +90,999 | – | – | 90,999 |
| Anthony Cannestra Director | Jan 13, 2025 | Award | +91,327 | – | – | 91,327 |
| Edward H. Frank Director | Jan 13, 2025 | Award | +90,999 | – | – | 90,999 |
| Lane Bess Director | Jan 13, 2025 | Award | +442,587 | – | – | 442,587 |
| Lane Bess Director | Jan 13, 2025 | Award | +11,653,976 | – | – | 11,653,976 |
| Lane Bess Director | Jan 13, 2025 | Award | +47,341 | – | – | 47,341 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Cannestra Anthony DIRECTOR | Jul 6, 2026 | 50,000 | $67.71K | Jul 6, 2026 | STOCK OPTION EXERCISE |
| Sehmi Harminder Officer | Jul 1, 2026 | 40,609 | $56.04K | Jul 1, 2026 | Previously Exercised Stock Options |
| Cannestra Anthony DIRECTOR | Jun 8, 2026 | 50,000 | $83.87K | Jun 8, 2026 | STOCK OPTION EXERCISE |
| Sehmi Harminder Officer | Jun 1, 2026 | 40,609 | $71.47K | Jun 1, 2026 | Previously Exercised Stock Options |
| Cannestra Anthony DIRECTOR | May 11, 2026 | 50,000 | $92.29K | May 11, 2026 | STOCK OPTION EXERCISE |
| Cannestra Anthony DIRECTOR | May 1, 2026 | 50,000 | $87.62K | Apr 6, 2026 | STOCK OPTION EXERCISE |
| Sehmi Harminder Officer | May 1, 2026 | 40,609 | $79.59K | May 1, 2026 | Previously Exercised Stock Options |
| Sehmi Harminder Officer | Apr 20, 2026 | 123,460 | $311.12K | Apr 20, 2026 | Exercise of Stock Options |
| Munagala Dinakar Officer | Apr 17, 2026 | 50,000 | $127.19K | Apr 17, 2026 | Private Placement |
| LP LLC Burtech 10% Stockholder | May 22, 2025 | 50,000 | $119.00K | May 20, 2025 | Private Placement |
| LP LLC Burtech 10% Stockholder | Apr 28, 2025 | 29,600 | $241.78M | Apr 21, 2025 | Private Placement |