GitLab
GTLB
279 hedge funds and large institutions have $4.36B invested in GitLab in 2023 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 84 increasing their positions, 78 reducing their positions, and 52 closing their positions.
83% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 52
65% more capital invested
Capital invested by funds: $2.64B → $4.36B (+$1.72B)
19% more funds holding in top 10
Funds holding in top 10: 16 → 19 (+3)
17% more funds holding
Funds holding: 238 → 279 (+41)
4.38% more ownership
Funds ownership: 84.19% → 88.57% (+4.4%)
8% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 78
11% less call options, than puts
Call options by funds: $151M | Put options by funds: $170M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
HMI Capital Management
San Francisco,
California
|
+$96.4M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
+$55.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$36.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$35.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$40M |
| 2 |
GCGM
General Catalyst Group Management
Cambridge,
Massachusetts
|
-$37.2M |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$31.5M |
| 4 |
SM
SCGE Management
Menlo Park,
California
|
-$29.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$29.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFSG
326
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$17.1K | -500 | Closed |
|
|
BAM
327
Belpointe Asset Management
Reno,
Nevada
| – | -$4.9K | -143 | Closed |
|
|
LC
328
Lindbrook Capital
Calabasas,
California
| – | -$4.73K | -138 | Closed |
|
329
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$3.43K | -100 | Closed |
|
|
IFAM
330
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$274 | -8 | Closed |
|
GTLB Hedge Fund Activity: Q2 2023 in Review
279 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in GitLab (GTLB) for Q2 2023, worth a combined $4.36B — up 65% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new GTLB positions and 52 closed out — a net gain of 43 holders — while 84 added to existing stakes and 78 trimmed.
The largest buyer was HMI Capital Management, adding an estimated $96.4M. The largest seller was BlackRock, cutting an estimated $40M.
- 279 institutional investors held GitLab (GTLB) as of Q2 2023, up from 238 in Q1 2023.
- Funds reported $4.36B of GitLab stock for Q2 2023, up 65% quarter-over-quarter.
- 95 funds opened new GitLab positions in Q2 2023 and 52 closed out, a net change of +43 holders.
- The largest GitLab buyer in Q2 2023 was HMI Capital Management, an estimated $96.4M added.
- The largest GitLab seller in Q2 2023 was BlackRock, an estimated $40M sold.
Based on aggregated 13F filings for Q2 2023.