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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
American Century Companies
76
American Century Companies
Missouri
$385K +$106K +8,667 +43%
MIM
77
MetLife Investment Management
New Jersey
$376K – – –
AIG
78
American International Group
New York
$373K +$4K +328 +1%
Comerica Bank
79
Comerica Bank
Texas
$347K +$2.92K +240 +0.9%
TPI
80
Trust Point Inc
Wisconsin
$317K +$290K +23,805 New
JF
81
Jump Financial
Illinois
$315K +$288K +23,653 New
T. Rowe Price Associates
82
T. Rowe Price Associates
Maryland
$315K +$19.8K +1,627 +7%
Mirae Asset Global Investments
83
Mirae Asset Global Investments
South Korea
$306K – – –
VOYA Investment Management
84
VOYA Investment Management
Georgia
$306K +$1.72K +141 +0.6%
Manulife (Manufacturers Life Insurance)
85
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$292K -$6.91K -567 -3%
CAPTRUST Financial Advisors
86
CAPTRUST Financial Advisors
North Carolina
$285K +$21.2K +1,741 +9%
New York State Common Retirement Fund
87
New York State Common Retirement Fund
New York
$277K +$29.7K +2,434 +13%
SC
88
Shay Capital
New York
$267K +$244K +20,000 New
US Bancorp
89
US Bancorp
Minnesota
$265K -$6K -492 -2%
HighTower Advisors
90
HighTower Advisors
Illinois
$264K -$11.6K -949 -5%
Susquehanna International Group
91
Susquehanna International Group
Pennsylvania
$261K +$238K +19,564 New
MFIM
92
Mesirow Financial Investment Management
Illinois
$252K – – –
Wells Fargo
93
Wells Fargo
California
$248K +$37.9K +3,112 +20%
FRM
94
Fox Run Management
Connecticut
$240K +$219K +17,970 New
SG Americas Securities
95
SG Americas Securities
New York
$236K +$74.3K +6,094 +52%
Calamos Advisors
96
Calamos Advisors
Illinois
$233K +$213K +17,505 New
ASRS
97
Arizona State Retirement System
Arizona
$225K +$10.4K +855 +5%
Janus Henderson Group
98
Janus Henderson Group
United Kingdom
$219K -$512 -42 -0.3%
State Board of Administration of Florida Retirement System
99
State Board of Administration of Florida Retirement System
Florida
$213K – – –
TRCT
100
Tower Research Capital (TRC)
New York
$213K +$182K +14,970 +1,523%
2 3
4
5 6

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.