Grid Dynamics Holdings
GDYN
69 hedge funds and large institutions have $149M invested in Grid Dynamics Holdings in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 12 closing their positions.
192% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 12
50% more funds holding
Funds holding: 46 → 69 (+23)
1.06% more ownership
Funds ownership: 41.55% → 42.61% (+1.1%)
12% less capital invested
Capital invested by funds: $169M → $149M (-$19.8M)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.4M |
| 2 |
BlackRock
New York
|
+$14M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$6.07M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.01M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$12.4M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11.2M |
| 3 |
Lazard Asset Management
New York
|
-$8.37M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$6.61M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$3.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FBCM
76
Fort Baker Capital Management
Larkspur,
California
| – | -$327K | -40,917 | Closed |
|
|
HIM
77
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$286K | -35,755 | Closed |
|
78
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$225K | -28,086 | Closed |
|
79
Citadel Advisors
Miami,
Florida
| – | -$104K | -12,894 | Closed |
|
80
UBS Group
Zurich,
Switzerland
| – | -$16K | -1,993 | Closed |
|
81
Osaic Holdings
Scottsdale,
Arizona
| – | -$1K | -168 | Closed |
|
GDYN Hedge Fund Activity: Q2 2020 in Review
69 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q2 2020, worth a combined $149M — down 12% from $169M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new GDYN positions and 12 closed out — a net gain of 23 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $15.4M. The largest seller was Fred Alger Management, exiting entirely with an estimated $12.4M sold.
- 69 institutional investors held Grid Dynamics Holdings (GDYN) as of Q2 2020, up from 46 in Q1 2020.
- Funds reported $149M of Grid Dynamics Holdings stock for Q2 2020, down 12% quarter-over-quarter.
- 35 funds opened new Grid Dynamics Holdings positions in Q2 2020 and 12 closed out, a net change of +23 holders.
- The largest Grid Dynamics Holdings buyer in Q2 2020 was Vanguard Group, an estimated $15.4M added.
- The largest Grid Dynamics Holdings seller in Q2 2020 was Fred Alger Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2020.