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Grid Dynamics Holdings
GDYN

143 hedge funds and large institutions have $730M invested in Grid Dynamics Holdings in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 48 increasing their positions, 49 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more call options, than puts

Call options by funds: $45K | Put options by funds: $25K

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

16% more capital invested

Capital invested by funds: $630M → $730M (+$100M)

4% more funds holding

Funds holding: 137 → 143 (+6)

3.84% more ownership

Funds ownership: 68.61% → 72.45% (+3.8%)

2% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 49

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
143
Holders Change
+6
Holders Change %
+4.38%
% of All Funds
2.08%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
24
Increased
48
Reduced
49
Closed
16
Calls
$45K
Puts
$25K
Net Calls
+$20K
Net Calls Change
-$757K

Top Buyers

1
DCM
Driehaus Capital Management
Illinois
+$10.7M
2
Deutsche Bank
Deutsche Bank
Germany
+$10.4M
3
AllianceBernstein
AllianceBernstein
Tennessee
+$6.89M
4
Morgan Stanley
Morgan Stanley
New York
+$6.03M
5
SAM
Silvercrest Asset Management
New York
+$5.15M

Top Sellers

1
GIM
Granahan Investment Management
Massachusetts
-$16.9M
2
KCM
Kornitzer Capital Management
Kansas
-$6.91M
3
2C
272 Capital
Texas
-$4.63M
4
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
-$2.26M
5
Jennison Associates
Jennison Associates
New York
-$2.23M
Name Holding Trade Value Shares
Change 		Change in
Stake
RA
26
Royce & Associates
New York
$5.37M +$4.91M +402,800 New
SEI Investments
27
SEI Investments
Pennsylvania
$4.89M -$13.4K -1,096 -0.3%
FSC
28
Fourth Sail Capital
Cayman Islands
$4.61M +$4.22M +346,166 New
NC
29
Nicholas Company
Wisconsin
$4.57M – – –
Lord, Abbett & Co
30
Lord, Abbett & Co
New Jersey
$4.49M +$4.11M +336,856 New
TFCM
31
Taylor Frigon Capital Management
Arizona
$4M -$213K -17,477 -6%
CM
32
Castleark Management
Illinois
$3.86M +$230K +18,900 +7%
1CM
33
1492 Capital Management
Wisconsin
$3.63M +$35.7K +2,926 +1%
Ohio Public Employees Retirement System (OPERS)
34
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.62M – – –
NCGI
35
Next Century Growth Investors
Minnesota
$3.52M +$14.7K +1,207 +0.5%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$3.08M +$177K +14,513 +7%
SST
37
S Squared Technology
New York
$3.06M – – –
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$2.87M -$89.7K -7,359 -3%
MOACM
39
Mutual of America Capital Management
New York
$2.79M +$742K +60,906 +41%
Ameriprise
40
Ameriprise
Minnesota
$2.74M -$176K -14,407 -7%
Renaissance Technologies
41
Renaissance Technologies
New York
$2.64M +$463K +38,000 +24%
JP Morgan Chase
42
JP Morgan Chase
New York
$2.61M -$909K -74,560 -28%
GIPM
43
G2 Investment Partners Management
New York
$2.23M +$2.04M +167,611 New
Russell Investments Group
44
Russell Investments Group
United Kingdom
$2.16M +$444K +36,466 +29%
Alyeska Investment Group
45
Alyeska Investment Group
Illinois
$1.96M +$1.79M +146,985 New
Goldman Sachs
46
Goldman Sachs
New York
$1.83M +$58.1K +4,769 +4%
N
47
Nuveen
North Carolina
$1.7M +$59K +4,840 +4%
MCP
48
Mirador Capital Partners
California
$1.62M -$162K -13,298 -10%
Swiss National Bank
49
Swiss National Bank
Switzerland
$1.58M -$58.5K -4,800 -4%
LTAS
50
Linden Thomas Advisory Services
North Carolina
$1.37M -$14.7K -1,206 -1%
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GDYN Hedge Fund Activity: Q4 2023 in Review

143 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q4 2023, worth a combined $730M — up 16% from $630M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new GDYN positions and 16 closed out — a net gain of 8 holders — while 48 added to existing stakes and 49 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $10.7M. The largest seller was Granahan Investment Management, cutting an estimated $16.9M.

  • 143 institutional investors held Grid Dynamics Holdings (GDYN) as of Q4 2023, up from 137 in Q3 2023.
  • Funds reported $730M of Grid Dynamics Holdings stock for Q4 2023, up 16% quarter-over-quarter.
  • 24 funds opened new Grid Dynamics Holdings positions in Q4 2023 and 16 closed out, a net change of +8 holders.
  • The largest Grid Dynamics Holdings buyer in Q4 2023 was Driehaus Capital Management, an estimated $10.7M added.
  • The largest Grid Dynamics Holdings seller in Q4 2023 was Granahan Investment Management, an estimated $16.9M sold.

Based on aggregated 13F filings for Q4 2023.