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.
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)
Top Buyers
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.89M |
| 4 |
Morgan Stanley
New York
|
+$6.03M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$5.15M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFCM
151
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$260K | -21,333 | Closed |
|
152
Verition Fund Management
Greenwich,
Connecticut
| – | -$237K | -19,450 | Closed |
|
|
JIC
153
Johnson Investment Counsel
Cincinnati,
Ohio
| – | -$166K | -13,594 | Closed |
|
|
AWS
154
Atria Wealth Solutions
New York
| – | -$163K | -13,344 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$60K | -4,925 | Closed |
|
|
LC
156
Lindbrook Capital
Calabasas,
California
| – | -$2.16K | -177 | Closed |
|
|
VNA
157
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$1K | -45 | Closed |
|
|
BTI
158
Blue Trust Inc
Alpharetta,
Georgia
| – | +$439 | +36 | New |
|
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.