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$MAZE
$31.69 +$0.62 (2.0%) Close

Ownership

13F as of Q2 2026 · 55.5M shares outstanding

Who owns MAZE?

By type of holder
Institutions 100.0% Insiders 0.0% Everyone else 0.0%
Concentration Top 10 holders own 58.1%
Frazier Life Sciences Management, L.P. 9.1% · TRV GP IV, LLC 8.1%
Institutional ownership
100.0%
+7.0 pts vs last qtr
Institutional holders
160
-5 vs last qtr
Net shares bought
+6.8M
by institutions in Q2 2026
New / sold out
38 / 43
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Jupiter Topco LLC NEW +3.4M
  • T. Rowe Price Investment Management, Inc. NEW +2.6M

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Biggest sellers in Q2 2026
  • Janus Henderson Group PLC SOLD OUT −2.9M
  • Paradigm Biocapital Advisors LP SOLD OUT −2.7M

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Who is planning to sell?

Notices of proposed sale, last 12 months
$25.7M
23 notices from 10 people
Shares covered
741.3K
1.33% of the company
Arranged in advance
81%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$4.3M$8.5MNov 2025: $984.6K without a planNovDec 2025: $8.1M under a 10b5-1 planDec 2025: $425.4K without a planDecJan 2026: $2.4M without a planJanFebMar 2026: $4.3M under a 10b5-1 planMarAprMay 2026: $895.3K under a 10b5-1 planMayJun 2026: $908.1K under a 10b5-1 planJunJul 2026: $3.1M under a 10b5-1 planJulAug 2026: $922.6K under a 10b5-1 planAugSep 2026: $1.2M under a 10b5-1 planSep 2026: $1.2M without a planSepOct 2026: $1.4M under a 10b5-1 planOct
Largest proposed sellers
  • Harold Bernstein Officer 10b5-1 $9.88M
  • Coloma Jason V Officer 10b5-1 $5.6M

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Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2024–FY2025
+1474.0%
+1474.04% a year
Each share's claim on the business
−93.6%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
— vs $26M
over 2 fiscal years
Diluted shares, split-adjusted
2.6M23.0M43.4M2024: 2.7M shares'242025: 43.0M shares'25
Buybacks Stock-based comp
$0$8.2M$16.4M2024 buybacks: $02024 stock comp: $9.6M'242025 buybacks: $02025 stock comp: $16.4M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years0% 3–5 years0% 1–3 years71% Under 1 year29%
Quarterly turnover
26.7%
of institutional shares changed hands
Top 10 managers, median time held
1.3 years

Super Investors

Investment managers reporting MAZE on Form 13F
FL
Frazier Life Sciences Management, L.P.
Shares
5.0M
% of company
9.06%
Change vs last qtr
+465.6K (+10.2%)
Held since
2025
TG
TRV GP IV, LLC
Shares
4.5M
% of company
8.05%
Change vs last qtr
Unchanged
Held since
2025

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Institutional Funds

Mutual funds and ETFs reporting MAZE on Form N-PORT; together they hold 18.6% of the company
VT
Position value
$42.1M
% of company
2.54%
% of the fund
0.00%
As of
June 30, 2026
TR
T. Rowe Price Capital Appreciation Fund, Inc.
Position value
$29.2M
% of company
1.76%
% of the fund
0.04%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
LJ
Lim Jonathan E
Insider
Shares
328.7K
% of company
0.59%
Change vs last qtr
—
Held since
—
CJ
Coloma Jason V
Insider
Shares
234.4K
% of company
0.42%
Change vs last qtr
—
Held since
—

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