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Grid Dynamics Holdings

46 hedge funds and large institutions have $169M invested in Grid Dynamics Holdings in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 18

21% more funds holding

Funds holding: 3846 (+8)

16% less capital invested

Capital invested by funds: $202M → $169M (-$32.9M)

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

39.43% less ownership

Funds ownership: 80.98%41.55% (-39%)

Holders
46
Holders Change
+8
Holders Change %
+21.05%
% of All Funds
1.01%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
26
Increased
7
Reduced
9
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DCM
1
Driehaus Capital Management
Illinois
$18.3M +$14.6M +1,389,509 +155%
BAMCO Inc
2
BAMCO Inc
New York
$16.9M +$1.18M +112,000 +6%
BCM
3
BlueCrest Capital Management
Jersey
$16.6M +$21.8M +2,070,869 New
William Blair Investment Management
4
William Blair Investment Management
Illinois
$15.8M +$20.7M +1,972,384 New
FAM
5
Fred Alger Management
New York
$12.4M +$16.3M +1,547,611 New
BlackRock
6
BlackRock
New York
$11M +$3.25M +308,948 +29%
MF
7
Magnetar Financial
Illinois
$8.8M
Lazard Asset Management
8
Lazard Asset Management
New York
$8.37M +$11M +1,046,200 New
MP
9
MSD Partners
New York
$7.84M
Federated Hermes
10
Federated Hermes
Pennsylvania
$7.6M +$9.98M +950,000 New
LA
11
Linden Advisors
New York
$6.24M -$13.4M -1,276,014 -62%
UOC
12
UBS O'Connor
Illinois
$5.52M +$5.15M +489,833 +245%
WCMNY
13
Westchester Capital Management (New York)
New York
$4.24M
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
14
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$4.06M -$4.82M -458,390 -48%
MI
15
MMCAP International
Cayman Islands
$3.65M -$11.1M -1,054,603 -70%
JAM
16
Jupiter Asset Management
United Kingdom
$3.25M +$4.07M +387,935 New
KC
17
Kepos Capital
New York
$3M -$8.63M -821,424 -69%
TFCM
18
Taylor Frigon Capital Management
Arizona
$2.09M +$2.75M +261,577 New
NCGI
19
Next Century Growth Investors
Minnesota
$2.02M +$2.65M +252,727 New
CC
20
Crosslink Capital
California
$1.62M +$2.12M +202,280 New
Verition Fund Management
21
Verition Fund Management
Connecticut
$1.57M +$2.06M +196,104 New
PI
22
Putnam Investments
Massachusetts
$1.4M +$1.84M +175,000 New
MTCM
23
Mint Tower Capital Management
Netherlands
$1.33M -$3.59M -341,756 -67%
Millennium Management
24
Millennium Management
New York
$1.33M +$1.74M +165,899 New
LIM
25
Longfellow Investment Management
Massachusetts
$799K +$1.05M +100,000 New

GDYN Hedge Fund Activity: Q1 2020 in Review

46 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q1 2020, worth a combined $169M — down 16% from $202M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new GDYN positions and 18 closed out — a net gain of 8 holders — while 7 added to existing stakes and 9 trimmed.

The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $21.8M. The largest seller was Linden Advisors, cutting an estimated $13.4M.

  • 46 institutional investors held Grid Dynamics Holdings (GDYN) as of Q1 2020, up from 38 in Q4 2019.
  • Funds reported $169M of Grid Dynamics Holdings stock for Q1 2020, down 16% quarter-over-quarter.
  • 26 funds opened new Grid Dynamics Holdings positions in Q1 2020 and 18 closed out, a net change of +8 holders.
  • The largest Grid Dynamics Holdings buyer in Q1 2020 was BlueCrest Capital Management, an estimated $21.8M added.
  • The largest Grid Dynamics Holdings seller in Q1 2020 was Linden Advisors, an estimated $13.4M sold.

Based on aggregated 13F filings for Q1 2020.