Grid Dynamics Holdings
GDYN
137 hedge funds and large institutions have $690M invested in Grid Dynamics Holdings in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 53 reducing their positions, and 22 closing their positions.
2.64% more ownership
Funds ownership: 71.51% → 74.15% (+2.6%)
4% less capital invested
Capital invested by funds: $721M → $690M (-$30.7M)
4% less funds holding
Funds holding: 143 → 137 (-6)
15% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 53
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
66% less call options, than puts
Call options by funds: $170K | Put options by funds: $499K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$16.1M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$13.5M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$9.35M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$4.67M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$11.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.81M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.74M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$2.26M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$2.23M |
GDYN Hedge Fund Activity: Q1 2024 in Review
137 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Grid Dynamics Holdings (GDYN) for Q1 2024, worth a combined $690M — down 4.3% from $721M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GDYN and 17 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 45 added.
The largest buyer was Alyeska Investment Group, adding an estimated $16.1M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $11.8M sold.
- 137 institutional investors held Grid Dynamics Holdings (GDYN) as of Q1 2024, down from 143 in Q4 2023.
- Funds reported $690M of Grid Dynamics Holdings stock for Q1 2024, down 4.3% quarter-over-quarter.
- 17 funds opened new Grid Dynamics Holdings positions in Q1 2024 and 22 closed out, a net change of -5 holders.
- The largest Grid Dynamics Holdings buyer in Q1 2024 was Alyeska Investment Group, an estimated $16.1M added.
- The largest Grid Dynamics Holdings seller in Q1 2024 was Granahan Investment Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2024.