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Grid Dynamics Holdings

26 hedge funds and large institutions have $116M invested in Grid Dynamics Holdings in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 2

150% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 2

73% more funds holding

Funds holding: 1526 (+11)

73% more capital invested

Capital invested by funds: $66.9M → $116M (+$49M)

21.29% more ownership

Funds ownership: 30.55%51.84% (+21%)

Holders
26
Holders Change
+11
Holders Change %
+73.33%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
5
Reduced
2
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AA
1
AQR Arbitrage
Connecticut
$14.2M
KIM
2
Karpus Investment Management
New York
$13.7M +$13.5M +1,382,625 New
MF
3
Magnetar Financial
Illinois
$10.9M
HCM
4
Highbridge Capital Management
New York
$9.88M
BCM
5
Basso Capital Management
Connecticut
$8.44M +$2.98M +304,608 +55%
OAM
6
Oxford Asset Management
United Kingdom
$8.04M +$990K +101,253 +14%
BCM
7
BlueCrest Capital Management
Jersey
$7.4M +$7.33M +750,000 New
PC
8
Periscope Capital
Ontario, Canada
$6.86M +$293K +30,000 +5%
HIM
9
HGC Investment Management
Ontario, Canada
$5.7M +$5.65M +577,500 New
MP
10
Mangrove Partners
Connecticut
$5.43M +$5.38M +550,000 New
WCMNY
11
Westchester Capital Management (New York)
New York
$5.24M +$5.18M +530,160 New
HI
12
HBK Investments
Texas
$4.93M
GCIA
13
Gabelli & Co Investment Advisers
New York
$2.92M +$2.89M +295,536 New
WRBC
14
W.R. Berkley Corp
Connecticut
$2.2M
PAM
15
Panagora Asset Management
Massachusetts
$2.06M +$23.8K +2,430 +1%
GCL
16
Glazer Capital LLC
New York
$1.95M +$573K +58,621 +42%
GF
17
Gabelli Funds
New York
$1.84M +$1.82M +186,000 New
Goldman Sachs
18
Goldman Sachs
New York
$1.48M
WAM
19
Weiss Asset Management
Massachusetts
$1.27M +$1.26M +128,828 New
Toronto Dominion Bank
20
Toronto Dominion Bank
Ontario, Canada
$654K +$648K +66,282 New
Verition Fund Management
21
Verition Fund Management
Connecticut
$444K +$440K +45,000 New
DWM
22
Dakota Wealth Management
Florida
$255K +$252K +25,825 New
Stifel Financial
23
Stifel Financial
Missouri
$127K +$126K +12,900 New
UBS Group
24
UBS Group
Switzerland
$19K -$978 -100 -5%
Morgan Stanley
25
Morgan Stanley
New York
$6K -$5.98K -612 -52%

GDYN Hedge Fund Activity: Q1 2019 in Review

26 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q1 2019, worth a combined $116M — up 73% from $66.9M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new GDYN positions and 2 closed out — a net gain of 11 holders — while 5 added to existing stakes and 2 trimmed.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $13.5M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $1.95M sold.

  • 26 institutional investors held Grid Dynamics Holdings (GDYN) as of Q1 2019, up from 15 in Q4 2018.
  • Funds reported $116M of Grid Dynamics Holdings stock for Q1 2019, up 73% quarter-over-quarter.
  • 13 funds opened new Grid Dynamics Holdings positions in Q1 2019 and 2 closed out, a net change of +11 holders.
  • The largest Grid Dynamics Holdings buyer in Q1 2019 was Karpus Investment Management, an estimated $13.5M added.
  • The largest Grid Dynamics Holdings seller in Q1 2019 was Mizuho Securities USA, an estimated $1.95M sold.

Based on aggregated 13F filings for Q1 2019.