GitLab
GTLB
361 hedge funds and large institutions have $6.08B invested in GitLab in 2024 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 137 increasing their positions, 101 reducing their positions, and 70 closing their positions.
38% more call options, than puts
Call options by funds: $234M | Put options by funds: $170M
36% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 101
29% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 70
8.13% more ownership
Funds ownership: 88.51% → 96.64% (+8.1%)
6% more funds holding
Funds holding: 342 → 361 (+19)
1% more capital invested
Capital invested by funds: $6.01B → $6.08B (+$68.9M)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Alphabet Inc
Mountain View,
California
|
+$466M |
| 2 |
JP Morgan Chase
New York
|
+$300M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$203M |
| 4 |
IC
Iconiq Capital
San Francisco,
California
|
+$138M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$720M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$76.9M |
| 3 |
D.E. Shaw & Co
New York
|
-$70.4M |
| 4 |
Two Sigma Investments
New York
|
-$65.9M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$41.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$7K | -112 | Closed |
|
|
HT
427
Headlands Technologies
Chicago,
Illinois
| – | -$5.67K | -90 | Closed |
|
|
GWS
428
Glassman Wealth Services
Vienna,
Virginia
| – | -$5.35K | -85 | Closed |
|
|
PTC
429
Private Trust Company
Cleveland,
Ohio
| – | -$4.91K | -78 | Closed |
|
|
FFA
430
Frazier Financial Advisors
Columbus,
Ohio
| – | -$3.78K | -60 | Closed |
|
|
LA
431
LM Advisors
San Diego,
California
| – | -$2.74K | -44 | Closed |
|
GTLB Hedge Fund Activity: Q1 2024 in Review
361 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in GitLab (GTLB) for Q1 2024, worth a combined $6.08B — up 1.1% from $6.01B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new GTLB positions and 70 closed out — a net gain of 20 holders — while 137 added to existing stakes and 101 trimmed.
The largest buyer was Alphabet Inc, adding an estimated $466M. The largest seller was Morgan Stanley, cutting an estimated $720M.
- 361 institutional investors held GitLab (GTLB) as of Q1 2024, up from 342 in Q4 2023.
- Funds reported $6.08B of GitLab stock for Q1 2024, up 1.1% quarter-over-quarter.
- 90 funds opened new GitLab positions in Q1 2024 and 70 closed out, a net change of +20 holders.
- The largest GitLab buyer in Q1 2024 was Alphabet Inc, an estimated $466M added.
- The largest GitLab seller in Q1 2024 was Morgan Stanley, an estimated $720M sold.
Based on aggregated 13F filings for Q1 2024.