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Grid Dynamics Holdings
GDYN

155 hedge funds and large institutions have $598M invested in Grid Dynamics Holdings in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 54 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

183% more call options, than puts

Call options by funds: $837K | Put options by funds: $296K

4% more capital invested

Capital invested by funds: $575M → $598M (+$23.2M)

0% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 54

0.09% less ownership

Funds ownership: 69.87% → 69.78% (-0.09%)

8% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 24

3% less funds holding

Funds holding: 159 → 155 (-4)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
155
Holders Change
-4
Holders Change %
-2.52%
% of All Funds
2.47%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
22
Increased
54
Reduced
54
Closed
24
Calls
$837K
Puts
$296K
Net Calls
+$541K
Net Calls Change
-$1.72M

Top Buyers

Rank Fund Capital Flow
1
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
+$13.8M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$6.52M
3
GIM
Granahan Investment Management
Massachusetts
+$6.47M
4
Bank of America
Bank of America
North Carolina
+$3.82M
5
FCM
Frontier Capital Management
Massachusetts
+$3.28M

Top Sellers

Rank Fund Capital Flow
1
Federated Hermes
Federated Hermes
Pennsylvania
-$7.82M
2
N
Nuveen
North Carolina
-$6.93M
3
NCGI
Next Century Growth Investors
Minnesota
-$5.1M
4
Alyeska Investment Group
Alyeska Investment Group
Illinois
-$4.72M
5
FAM
Fred Alger Management
New York
-$3.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
DCM
26
Driehaus Capital Management
Illinois
$5.3M -$136K -11,543 -2%
Charles Schwab
27
Charles Schwab
California
$4.5M +$51.2K +4,362 +1%
SST
28
S Squared Technology
New York
$3.9M -$867K -73,831 -18%
TFCM
29
Taylor Frigon Capital Management
Arizona
$3.78M -$67.1K -5,713 -2%
D.E. Shaw & Co
30
D.E. Shaw & Co
New York
$3.45M +$54.4K +4,629 +2%
NC
31
Nicholas Company
Wisconsin
$3.41M +$939 +80 +0%
Victory Capital Management
32
Victory Capital Management
Texas
$3.25M -$812K -69,140 -20%
Deutsche Bank
33
Deutsche Bank
Germany
$3.23M -$223K -18,972 -6%
FCM
34
Frontier Capital Management
Massachusetts
$3.2M +$3.28M +279,617 New
2C
35
272 Capital
Texas
$3.18M +$3.26M +277,367 New
Ensign Peak Advisors
36
Ensign Peak Advisors
Utah
$2.86M – – –
Envestnet Asset Management
37
Envestnet Asset Management
Illinois
$2.54M +$31.3K +2,662 +1%
Bank of New York Mellon
38
Bank of New York Mellon
New York
$2.51M +$8.9K +758 +0.3%
Ohio Public Employees Retirement System (OPERS)
39
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.28M – – –
1CM
40
1492 Capital Management
Wisconsin
$2.13M +$2.19M +186,080 New
Goldman Sachs
41
Goldman Sachs
New York
$2.01M +$1.13M +95,910 +121%
MOACM
42
Mutual of America Capital Management
New York
$1.94M +$395K +33,622 +25%
BFM
43
Boothbay Fund Management
New York
$1.74M +$1.63M +139,030 +1,058%
Russell Investments Group
44
Russell Investments Group
United Kingdom
$1.7M +$550K +46,846 +46%
SEI Investments
45
SEI Investments
Pennsylvania
$1.68M -$146K -12,427 -8%
Two Sigma Advisers
46
Two Sigma Advisers
New York
$1.61M -$817K -69,600 -33%
Ameriprise
47
Ameriprise
Minnesota
$1.57M -$708K -60,278 -31%
OAM
48
Oppenheimer Asset Management
New York
$1.38M +$14.2K +1,206 +1%
RG
49
Renaissance Group
Kentucky
$1.32M +$141K +12,006 +12%
CP
50
CenterBook Partners
Connecticut
$1.24M +$1.27M +108,475 New
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GDYN Hedge Fund Activity: Q1 2023 in Review

155 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q1 2023, worth a combined $598M — up 4% from $575M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of GDYN and 22 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 54 added.

The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $13.8M. The largest seller was Federated Hermes, exiting entirely with an estimated $7.82M sold.

  • 155 institutional investors held Grid Dynamics Holdings (GDYN) as of Q1 2023, down from 159 in Q4 2022.
  • Funds reported $598M of Grid Dynamics Holdings stock for Q1 2023, up 4% quarter-over-quarter.
  • 22 funds opened new Grid Dynamics Holdings positions in Q1 2023 and 24 closed out, a net change of -2 holders.
  • The largest Grid Dynamics Holdings buyer in Q1 2023 was Thrivent Financial for Lutherans, an estimated $13.8M added.
  • The largest Grid Dynamics Holdings seller in Q1 2023 was Federated Hermes, an estimated $7.82M sold.

Based on aggregated 13F filings for Q1 2023.