GitLab
GTLB
292 hedge funds and large institutions have $3.96B invested in GitLab in 2023 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 120 increasing their positions, 77 reducing their positions, and 47 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 77
32% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 47
5% more funds holding
Funds holding: 279 → 292 (+13)
7% more call options, than puts
Call options by funds: $168M | Put options by funds: $157M
4.68% less ownership
Funds ownership: 88.57% → 83.89% (-4.7%)
9% less capital invested
Capital invested by funds: $4.36B → $3.96B (-$405M)
26% less funds holding in top 10
Funds holding in top 10: 19 → 14 (-5)
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$84.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$72M |
| 3 |
BlackRock
New York
|
+$61.4M |
| 4 |
Holocene Advisors
New York
|
+$47.8M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$36.6M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$118M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$80M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$63.1M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$37.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$33.1M |
GTLB Hedge Fund Activity: Q3 2023 in Review
292 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in GitLab (GTLB) for Q3 2023, worth a combined $3.96B — down 9.3% from $4.36B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new GTLB positions and 47 closed out — a net gain of 15 holders — while 120 added to existing stakes and 77 trimmed.
The largest buyer was Invesco, adding an estimated $84.4M. The largest seller was Morgan Stanley, cutting an estimated $118M.
- 292 institutional investors held GitLab (GTLB) as of Q3 2023, up from 279 in Q2 2023.
- Funds reported $3.96B of GitLab stock for Q3 2023, down 9.3% quarter-over-quarter.
- 62 funds opened new GitLab positions in Q3 2023 and 47 closed out, a net change of +15 holders.
- The largest GitLab buyer in Q3 2023 was Invesco, an estimated $84.4M added.
- The largest GitLab seller in Q3 2023 was Morgan Stanley, an estimated $118M sold.
Based on aggregated 13F filings for Q3 2023.