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TimesSqure Capital U.S. Small Cap Growth Strategy’s New Addition: Braze (BRZE)
Yahoo Finance· 2025-09-15 12:04
Group 1 - TimesSquare Capital Management's "U.S. Small Cap Growth Strategy" reported a gross return of 11.28% and a net return of 11.02% for Q2 2025, compared to the Russell 2000 Growth Index's return of 11.97% [1] - The fund's performance was driven by double-digit returns in equities as global economic activity improved [1] - Braze, Inc. (NASDAQ:BRZE) was highlighted as a key stock, with a one-month return of 13.52% and a 52-week loss of 14.13%, closing at $30.14 per share with a market capitalization of $3.354 billion on September 12, 2025 [2] Group 2 - Braze, Inc. generated $180 million in revenue for Q2 2025, reflecting a year-over-year increase of 24% and an 11% increase from the previous quarter [4] - The company is recognized as a customer relationship management platform for mobile applications, integrating messaging, audience segmentation, analytics, and user support [3] - Despite its potential, the company is not among the 30 most popular stocks among hedge funds, with 32 hedge fund portfolios holding its shares at the end of Q2 2025, up from 31 in the previous quarter [4]