Grid Dynamics Holdings
GDYN
148 hedge funds and large institutions have $486M invested in Grid Dynamics Holdings in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 47 reducing their positions, and 23 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 47
0.29% more ownership
Funds ownership: 69.78% → 70.08% (+0.29%)
5% less funds holding
Funds holding: 155 → 148 (-7)
19% less capital invested
Capital invested by funds: $598M → $486M (-$113M)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
57% less call options, than puts
Call options by funds: $6K | Put options by funds: $14K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$15.2M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$12.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.69M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$7.47M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$5.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Toronado Partners
San Francisco,
California
|
-$14.5M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$12.9M |
| 3 |
FAM
Fred Alger Management
New York
|
-$10.8M |
| 4 |
BlackRock
New York
|
-$9.73M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$7.32M |
GDYN Hedge Fund Activity: Q2 2023 in Review
148 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q2 2023, worth a combined $486M — down 19% from $598M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of GDYN and 17 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 65 added.
The largest buyer was Wasatch Advisors, adding an estimated $15.2M. The largest seller was Toronado Partners, cutting an estimated $14.5M.
- 148 institutional investors held Grid Dynamics Holdings (GDYN) as of Q2 2023, down from 155 in Q1 2023.
- Funds reported $486M of Grid Dynamics Holdings stock for Q2 2023, down 19% quarter-over-quarter.
- 17 funds opened new Grid Dynamics Holdings positions in Q2 2023 and 23 closed out, a net change of -6 holders.
- The largest Grid Dynamics Holdings buyer in Q2 2023 was Wasatch Advisors, an estimated $15.2M added.
- The largest Grid Dynamics Holdings seller in Q2 2023 was Toronado Partners, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2023.