Grid Dynamics Holdings
GDYN
155 hedge funds and large institutions have $598M invested in Grid Dynamics Holdings in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 54 reducing their positions, and 24 closing their positions.
183% more call options, than puts
Call options by funds: $837K | Put options by funds: $296K
4% more capital invested
Capital invested by funds: $575M → $598M (+$23.2M)
0% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 54
0.09% less ownership
Funds ownership: 69.87% → 69.78% (-0.09%)
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
3% less funds holding
Funds holding: 159 → 155 (-4)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$13.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.52M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$6.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.82M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.82M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$6.93M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$5.1M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.72M |
| 5 |
FAM
Fred Alger Management
New York
|
-$3.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
176
Covestor
London,
United Kingdom
| – | -$14.4K | -1,226 | -99% |
|
177
Nomura Holdings
Tokyo,
Japan
| – | -$11K | -960 | Closed |
|
|
CA
178
Corrado Advisors
Ramsey,
New Jersey
| – | -$729 | -65 | Closed |
|
|
S
179
SignatureFD
Atlanta,
Georgia
| – | -$146 | -13 | Closed |
|
GDYN Hedge Fund Activity: Q1 2023 in Review
155 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q1 2023, worth a combined $598M — up 4% from $575M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of GDYN and 22 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 54 added.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $13.8M. The largest seller was Federated Hermes, exiting entirely with an estimated $7.82M sold.
- 155 institutional investors held Grid Dynamics Holdings (GDYN) as of Q1 2023, down from 159 in Q4 2022.
- Funds reported $598M of Grid Dynamics Holdings stock for Q1 2023, up 4% quarter-over-quarter.
- 22 funds opened new Grid Dynamics Holdings positions in Q1 2023 and 24 closed out, a net change of -2 holders.
- The largest Grid Dynamics Holdings buyer in Q1 2023 was Thrivent Financial for Lutherans, an estimated $13.8M added.
- The largest Grid Dynamics Holdings seller in Q1 2023 was Federated Hermes, an estimated $7.82M sold.
Based on aggregated 13F filings for Q1 2023.