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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
CFGS
126
Concourse Financial Group Securities
Alabama
$4.87K -$1.36K -112 -23%
MA
127
MCF Advisors
Kentucky
$4.39K – – –
VanEck Associates
128
VanEck Associates
New York
$4K -$49 -4 -1%
AAM
129
Advisors Asset Management
Colorado
$3.61K -$609 -50 -16%
HNB
130
Huntington National Bank
Ohio
$2.44K -$85 -7 -4%
AF
131
Allworth Financial
California
$2.12K +$1.94K +159 New
BCM
132
Bourgeon Capital Management
Connecticut
$2K – – –
CTWM
133
Cherry Tree Wealth Management
Minnesota
$1.76K – – –
FFA
134
Farther Finance Advisors
California
$1.71K -$329 -27 -17%
SWM
135
Spire Wealth Management
Virginia
$1.64K – – –
CIA
136
Cape Investment Advisory
Georgia
$1.47K +$1.34K +110 New
Group One Trading
137
Group One Trading
Illinois
$1.09K +$999 +82 New
FDCDDQ
138
Federation des caisses Desjardins du Quebec
Quebec, Canada
$667 – – –
QCG
139
Quadrant Capital Group
Ohio
$481 -$134 -11 -23%
S
140
SignatureFD
Georgia
$200 -$841 -69 -82%
PA
141
Parallel Advisors
California
$160 -$366 -30 -71%
KCM
142
Kornitzer Capital Management
Kansas
– -$6.91M -567,280 Closed
2C
143
272 Capital
Texas
– -$4.63M -380,463 Closed
Marshall Wace
144
Marshall Wace
United Kingdom
– -$1.33M -109,082 Closed
VA
145
Vident Advisory
Georgia
– -$968K -79,444 Closed
ACA
146
Anchor Capital Advisors
Massachusetts
– -$530K -43,518 Closed
ECM
147
ExodusPoint Capital Management
New York
– -$481K -39,451 Closed
SGI
148
Summit Global Investments
Utah
– -$391K -32,100 Closed
CCM
149
Channing Capital Management
Illinois
– -$320K -26,300 Closed
MP
150
MSD Partners
New York
– -$305K -25,000 Closed
3 4 5
6
7

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.