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Grid Dynamics Holdings
GDYN

148 hedge funds and large institutions have $486M invested in Grid Dynamics Holdings in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 47 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 47

0.29% more ownership

Funds ownership: 69.78% → 70.08% (+0.29%)

5% less funds holding

Funds holding: 155 → 148 (-7)

19% less capital invested

Capital invested by funds: $598M → $486M (-$113M)

26% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 23

57% less call options, than puts

Call options by funds: $6K | Put options by funds: $14K

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
148
Holders Change
-7
Holders Change %
-4.52%
% of All Funds
2.32%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
17
Increased
65
Reduced
47
Closed
23
Calls
$6K
Puts
$14K
Net Calls
-$8K
Net Calls Change
-$549K

Top Buyers

Rank Fund Capital Flow
1
WA
Wasatch Advisors
Utah
+$15.2M
2
Alyeska Investment Group
Alyeska Investment Group
Illinois
+$12.6M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$8.69M
4
FCM
Frontier Capital Management
Massachusetts
+$7.47M
5
GIM
Granahan Investment Management
Massachusetts
+$5.01M

Top Sellers

Rank Fund Capital Flow
1
TP
Toronado Partners
California
-$14.5M
2
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
-$12.9M
3
FAM
Fred Alger Management
New York
-$10.8M
4
BlackRock
BlackRock
New York
-$9.73M
5
NCGI
Next Century Growth Investors
Minnesota
-$7.32M
Name Holding Trade Value Shares
Change 		Change in
Stake
SEI Investments
26
SEI Investments
Pennsylvania
$3.39M +$2.21M +220,615 +151%
PAMP
27
Polar Asset Management Partners
Ontario, Canada
$3.34M +$3.62M +361,618 New
NC
28
Nicholas Company
Wisconsin
$3.17M +$454K +45,310 +15%
TFCM
29
Taylor Frigon Capital Management
Arizona
$3.02M -$34.4K -3,434 -1%
D.E. Shaw & Co
30
D.E. Shaw & Co
New York
$2.73M -$60.5K -6,039 -2%
1CM
31
1492 Capital Management
Wisconsin
$2.53M +$879K +87,750 +47%
NCGI
32
Next Century Growth Investors
Minnesota
$2.41M -$7.32M -730,978 -74%
Ohio Public Employees Retirement System (OPERS)
33
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.37M +$581K +57,976 +29%
Loomis, Sayles & Company
34
Loomis, Sayles & Company
Massachusetts
$2.22M -$12.9M -1,291,216 -84%
Ensign Peak Advisors
35
Ensign Peak Advisors
Utah
$2.07M -$253K -25,239 -10%
BFM
36
Boothbay Fund Management
New York
$2.06M +$708K +70,698 +46%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$2M -$22.5K -2,243 -1%
SST
38
S Squared Technology
New York
$1.87M -$1.38M -138,000 -41%
Deutsche Bank
39
Deutsche Bank
Germany
$1.55M -$1.15M -114,359 -41%
MOACM
40
Mutual of America Capital Management
New York
$1.45M -$120K -12,016 -7%
Envestnet Asset Management
41
Envestnet Asset Management
Illinois
$1.41M -$697K -69,516 -31%
Victory Capital Management
42
Victory Capital Management
Texas
$1.34M -$1.39M -138,436 -49%
Renaissance Technologies
43
Renaissance Technologies
New York
$1.32M +$373K +37,194 +35%
Ameriprise
44
Ameriprise
Minnesota
$1.28M +$13.9K +1,389 +1%
N
45
Nuveen
North Carolina
$1.14M -$4.46M -444,754 -78%
Swiss National Bank
46
Swiss National Bank
Switzerland
$1.13M +$183K +18,300 +18%
RG
47
Renaissance Group
Kentucky
$1.13M +$70K +6,981 +6%
Citadel Advisors
48
Citadel Advisors
Florida
$1.09M +$496K +49,467 +73%
Marshall Wace
49
Marshall Wace
United Kingdom
$1.02M +$63.1K +6,300 +6%
MCP
50
Mirador Capital Partners
California
$1M +$13.9K +1,384 +1%
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GDYN Hedge Fund Activity: Q2 2023 in Review

148 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q2 2023, worth a combined $486M — down 19% from $598M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of GDYN and 17 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 65 added.

The largest buyer was Wasatch Advisors, adding an estimated $15.2M. The largest seller was Toronado Partners, cutting an estimated $14.5M.

  • 148 institutional investors held Grid Dynamics Holdings (GDYN) as of Q2 2023, down from 155 in Q1 2023.
  • Funds reported $486M of Grid Dynamics Holdings stock for Q2 2023, down 19% quarter-over-quarter.
  • 17 funds opened new Grid Dynamics Holdings positions in Q2 2023 and 23 closed out, a net change of -6 holders.
  • The largest Grid Dynamics Holdings buyer in Q2 2023 was Wasatch Advisors, an estimated $15.2M added.
  • The largest Grid Dynamics Holdings seller in Q2 2023 was Toronado Partners, an estimated $14.5M sold.

Based on aggregated 13F filings for Q2 2023.