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Grid Dynamics Holdings
GDYN

159 hedge funds and large institutions have $575M invested in Grid Dynamics Holdings in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 62 increasing their positions, 59 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,017% more call options, than puts

Call options by funds: $2.34M | Put options by funds: $75K

5% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 59

0.25% more ownership

Funds ownership: 69.62% → 69.87% (+0.25%)

10% less funds holding

Funds holding: 176 → 159 (-17)

40% less capital invested

Capital invested by funds: $952M → $575M (-$377M)

42% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 36

71% less funds holding in top 10

Funds holding in top 10: 7 → 2 (-5)

Holders
159
Holders Change
-17
Holders Change %
-9.66%
% of All Funds
2.56%
Holding in Top 10
2
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-71.43%
% of All Funds
0.03%
New
21
Increased
62
Reduced
59
Closed
36
Calls
$2.34M
Puts
$75K
Net Calls
+$2.26M
Net Calls Change
-$2.89M

Top Buyers

1
WA
Wasatch Advisors
Utah
+$22.5M
2
GIM
Granahan Investment Management
Massachusetts
+$9.65M
3
Federated Hermes
Federated Hermes
Pennsylvania
+$9.04M
4
JP Morgan Chase
JP Morgan Chase
New York
+$8.78M
5
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
+$7.36M

Top Sellers

1
DCM
Driehaus Capital Management
Illinois
-$24M
2
William Blair Investment Management
William Blair Investment Management
Illinois
-$20.6M
3
FAM
Fred Alger Management
New York
-$7.59M
4
JGC
J. Goldman & Co
New York
-$4.97M
5
GIPM
G2 Investment Partners Management
New York
-$4.67M
Name Holding Trade Value Shares
Change 		Change in
Stake
Charles Schwab
26
Charles Schwab
California
$4.36M +$545K +41,986 +12%
Victory Capital Management
27
Victory Capital Management
Texas
$3.96M -$790K -60,886 -15%
Bank of America
28
Bank of America
North Carolina
$3.93M -$1.51M -116,591 -25%
TFCM
29
Taylor Frigon Capital Management
Arizona
$3.76M -$206K -15,849 -5%
Deutsche Bank
30
Deutsche Bank
Germany
$3.37M -$585K -45,133 -13%
NC
31
Nicholas Company
Wisconsin
$3.33M +$235K +18,125 +6%
D.E. Shaw & Co
32
D.E. Shaw & Co
New York
$3.33M +$2.56M +197,083 +198%
GIPM
33
G2 Investment Partners Management
New York
$3.31M -$4.67M -359,757 -55%
Ensign Peak Advisors
34
Ensign Peak Advisors
Utah
$2.8M -$369K -28,450 -10%
Envestnet Asset Management
35
Envestnet Asset Management
Illinois
$2.46M -$462K -35,614 -14%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$2.45M +$302K +23,272 +12%
Two Sigma Advisers
37
Two Sigma Advisers
New York
$2.35M -$339K -26,100 -11%
Ohio Public Employees Retirement System (OPERS)
38
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.23M +$498K +38,393 +24%
Ameriprise
39
Ameriprise
Minnesota
$2.21M -$539K -41,522 -17%
First Trust Advisors
40
First Trust Advisors
Illinois
$1.81M -$277K -21,377 -12%
SEI Investments
41
SEI Investments
Pennsylvania
$1.78M +$57.4K +4,426 +3%
AllianceBernstein
42
AllianceBernstein
Tennessee
$1.66M +$1.32M +101,475 +218%
GCM
43
Ghisallo Capital Management
Massachusetts
$1.54M – – –
MOACM
44
Mutual of America Capital Management
New York
$1.52M +$1.29M +99,495 +276%
OAM
45
Oppenheimer Asset Management
New York
$1.33M -$220K -16,936 -12%
Qube Research & Technologies (QRT)
46
Qube Research & Technologies (QRT)
United Kingdom
$1.21M +$1.25M +96,168 +824%
Fiera Capital (Canada)
47
Fiera Capital (Canada)
Quebec, Canada
$1.2M +$15K +1,157 +1%
Swiss National Bank
48
Swiss National Bank
Switzerland
$1.18M +$28.5K +2,200 +2%
RG
49
Renaissance Group
Kentucky
$1.16M -$33.7K -2,602 -2%
Russell Investments Group
50
Russell Investments Group
United Kingdom
$1.14M -$1.55M -119,360 -54%
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GDYN Hedge Fund Activity: Q4 2022 in Review

159 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q4 2022, worth a combined $575M — down 40% from $952M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of GDYN and 21 opened new positions — a net loss of 15 holders — while 59 trimmed existing stakes and 62 added.

The largest buyer was Wasatch Advisors, adding an estimated $22.5M. The largest seller was Driehaus Capital Management, cutting an estimated $24M.

  • 159 institutional investors held Grid Dynamics Holdings (GDYN) as of Q4 2022, down from 176 in Q3 2022.
  • Funds reported $575M of Grid Dynamics Holdings stock for Q4 2022, down 40% quarter-over-quarter.
  • 21 funds opened new Grid Dynamics Holdings positions in Q4 2022 and 36 closed out, a net change of -15 holders.
  • The largest Grid Dynamics Holdings buyer in Q4 2022 was Wasatch Advisors, an estimated $22.5M added.
  • The largest Grid Dynamics Holdings seller in Q4 2022 was Driehaus Capital Management, an estimated $24M sold.

Based on aggregated 13F filings for Q4 2022.