Grid Dynamics Holdings
GDYN
26 hedge funds and large institutions have $116M invested in Grid Dynamics Holdings in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
73% more funds holding
Funds holding: 15 → 26 (+11)
73% more capital invested
Capital invested by funds: $66.9M → $116M (+$49M)
21.29% more ownership
Funds ownership: 30.55% → 51.84% (+21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$13.5M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$7.33M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$5.65M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$5.38M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$1.95M |
| 2 |
CI
Cowen Inc
New York
|
-$250K |
| 3 |
Morgan Stanley
New York
|
-$5.98K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$978 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$5.01K | +512 | New |
|
|
MSU
27
Mizuho Securities USA
New York
| – | -$1.95M | -201,775 | Closed |
|
|
CI
28
Cowen Inc
New York
| – | -$250K | -25,855 | Closed |
|
GDYN Hedge Fund Activity: Q1 2019 in Review
26 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q1 2019, worth a combined $116M — up 73% from $66.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GDYN positions and 2 closed out — a net gain of 11 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $13.5M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $1.95M sold.
- 26 institutional investors held Grid Dynamics Holdings (GDYN) as of Q1 2019, up from 15 in Q4 2018.
- Funds reported $116M of Grid Dynamics Holdings stock for Q1 2019, up 73% quarter-over-quarter.
- 13 funds opened new Grid Dynamics Holdings positions in Q1 2019 and 2 closed out, a net change of +11 holders.
- The largest Grid Dynamics Holdings buyer in Q1 2019 was Karpus Investment Management, an estimated $13.5M added.
- The largest Grid Dynamics Holdings seller in Q1 2019 was Mizuho Securities USA, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2019.