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Grid Dynamics Holdings, Inc.

GDYN
Exchange
Nasdaq
Industry
Services-Prepackaged Software
SEC CIK
0001743725

In the last 90 days, Grid Dynamics Holdings, Inc. insiders filed 0 open-market purchases and 4 sales; 197 institutions reported holding it in 13F filings for Q2 2026, worth $352.9M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Grid Dynamics Holdings, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
188
−13 vs. Q2 2025
Shares held
68.7M
−2.25M (−3.2%) vs. Q2 2025
Total value
$529.4M
−$290.0M (−35.4%) vs. Q2 2025
New holders
45
76 more added
Sold out
58
52 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GDYN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 188 institutions
Q1 2021: 76 institutionsQ2 2021: 101 institutionsQ3 2021: 148 institutionsQ4 2021: 166 institutionsQ1 2022: 155 institutionsQ2 2022: 160 institutionsQ3 2022: 177 institutionsQ4 2022: 159 institutionsQ1 2023: 155 institutionsQ2 2023: 148 institutionsQ3 2023: 137 institutionsQ4 2023: 143 institutionsQ1 2024: 137 institutionsQ2 2024: 134 institutionsQ3 2024: 148 institutionsQ4 2024: 202 institutionsQ1 2025: 224 institutionsQ2 2025: 202 institutionsQ3 2025: 188 institutionsQ4 2025: 198 institutionsQ1 2026: 197 institutionsQ2 2026: 197 institutions
Value heldQ3 2025: $529.4M
Q1 2021: $412.0MQ2 2021: $415.1MQ3 2021: $1.26BQ4 2021: $1.68BQ1 2022: $607.2MQ2 2022: $740.9MQ3 2022: $951.9MQ4 2022: $580.1MQ1 2023: $598.3MQ2 2023: $485.6MQ3 2023: $629.6MQ4 2023: $720.5MQ1 2024: $689.8MQ2 2024: $598.9MQ3 2024: $788.4MQ4 2024: $1.58BQ1 2025: $1.08BQ2 2025: $819.4MQ3 2025: $529.4MQ4 2025: $607.6MQ1 2026: $397.6MQ2 2026: $352.9M
Institutions holding GDYN and their total value by quarter
QuarterHoldersValue
Q2 2026197$352.9M
Q1 2026197$397.6M
Q4 2025198$607.6M
Q3 2025188$529.4M
Q2 2025202$819.4M
Q1 2025224$1.08B
Q4 2024202$1.58B
Q3 2024148$788.4M
Q2 2024134$598.9M
Q1 2024137$689.8M
Q4 2023143$720.5M
Q3 2023137$629.6M
Q2 2023148$485.6M
Q1 2023155$598.3M
Q4 2022159$580.1M
Q3 2022177$951.9M
Q2 2022160$740.9M
Q1 2022155$607.2M
Q4 2021166$1.68B
Q3 2021148$1.26B
Q2 2021101$415.1M
Q1 202176$412.0M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Grid Dynamics Holdings, Inc.; share changes are against Q2 2025.

Institutions holding GDYN in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Deutsche Bank AG46,404$357.8K0.00%−127,748−73.4%Reduced
Thrivent Financial for Lutherans47,645$367.0K0.00%+1,640+3.6%Added
Voleon Capital Management LP47,708$367.8K0.01%+47,708New
Ensign Peak Advisors, Inc48,051$370.5K0.00%−771,772−94.1%Reduced
Quest Partners LLC48,623$374.9K0.02%+32,614+203.7%Added
Price T Rowe Associates Inc49,805$384.0K0.00%+4,423+9.7%Added
Shay Capital LLC49,971$385.3K0.07%+36,971+284.4%Added
Integrated Quantitative Investments LLC51,279$395.4K0.11%−42,975−45.6%Reduced
Gsa Capital Partners LLP60,685$468.0K0.04%+60,685New
Susquehanna International Group, LLP63,576$490.2K0.00%−52,034−45.0%Reduced
Prudential Financial Inc65,210$502.8K0.00%00.0%Unchanged
California State Teachers Retirement System70,800$545.9K0.00%+13,737+24.1%Added
Verition Fund Management LLC71,254$549.4K0.00%+17,654+32.9%Added
Two Sigma Investments, LP74,588$575.1K0.00%−206,524−73.5%Reduced
Kornitzer Capital Management Inc77,000$593.7K0.01%+9,100+13.4%Added
Oppenheimer Asset Management Inc.78,824$607.7K0.01%−4,793−5.7%Reduced
HSBC Holdings PLC82,664$630.7K0.00%+54,904+197.8%Added
HRT Financial LP92,829$715.0K0.00%+92,829New
Universal- Beteiligungs- und Servicegesellschaft mbH102,475$790.1K0.00%+9,997+10.8%Added
Linden Thomas Advisory Services, LLC104,485$805.6K0.08%−56−0.1%Reduced
Envestnet Asset Management Inc105,722$815.1K0.00%−84,803−44.5%Reduced
Bastion Asset Management Inc.106,274$816.5K0.47%+106,274New
Quantbot Technologies LP106,005$817.3K0.02%+99,101+1,435.4%Added
Victory Capital Management Inc108,733$838.3K0.00%+77,761+251.1%Added
LPL Financial LLC109,188$841.8K0.00%+109,188New
Janney Montgomery Scott LLC111,594$860.0K0.00%+111,594New
Rice Hall James & Associates, LLC117,940$909.3K0.05%−56,099−32.2%Reduced
Nuveen, LLC121,465$936.5K0.00%−1,134,795−90.3%Reduced
Swiss National Bank129,300$996.9K0.00%00.0%Unchanged
Balyasny Asset Management LLC138,708$1.07M0.00%+138,708New
SG Americas Securities, LLC139,156$1.07M0.00%+72,283+108.1%Added
Mirador Capital Partners LP144,519$1.11M0.16%+77,173+114.6%Added
Pacer Advisors, Inc.155,450$1.20M0.00%+155,450New
Barclays PLC158,316$1.22M0.00%+17,329+12.3%Added
UBS Asset Management Americas Inc165,342$1.27M0.00%−66,761−28.8%Reduced
Legal & General Group Plc171,477$1.32M0.00%+703+0.4%Added
Trexquant Investment LP175,359$1.35M0.01%+175,359New
Rhumbline Advisers188,939$1.46M0.00%+5,688+3.1%Added
Numerai GP LLC195,354$1.51M0.21%+195,354New
BNP Paribas Arbitrage, SA219,239$1.69M0.00%+75,081+52.1%Added
Citadel Advisors LLC229,879$1.77M0.00%+229,879New
Renaissance Technologies LLC232,926$1.80M0.00%−195,345−45.6%Reduced
Russell Investments Group, Ltd.245,459$1.89M0.00%+38,348+18.5%Added
Citigroup Inc245,567$1.89M0.00%+65,138+36.1%Added
Public Sector Pension Investment Board257,640$1.99M0.01%+44,375+20.8%Added
Invesco Ltd.266,874$2.06M0.00%−195,400−42.3%Reduced
Taylor Frigon Capital Management LLC292,960$2.26M1.12%+97,339+49.8%Added
S Squared Technology, LLC304,238$2.35M0.89%+166,357+120.7%Added
SEI Investments Co313,906$2.42M0.00%−48,612−13.4%Reduced
Principal Financial Group Inc319,320$2.46M0.00%−40,930−11.4%Reduced
Squarepoint Ops LLC349,909$2.70M0.01%+127,827+57.6%Added
Walleye Capital LLC355,104$2.74M0.02%+230,032+183.9%Added
UBS Group AG372,467$2.87M0.00%+106,772+40.2%Added
Bank of New York Mellon Corp382,484$2.95M0.00%−3,060−0.8%Reduced
Nicholas Company, Inc.384,446$2.96M0.05%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.384,689$2.97M0.01%−65,938−14.6%Reduced
Mutual of America Capital Management LLC486,700$3.75M0.04%+97,471+25.0%Added
JPMorgan Chase & Co513,677$3.96M0.00%+375,254+271.1%Added
1492 Capital Management LLC575,257$4.44M1.79%+322,926+128.0%Added
Charles Schwab Investment Management Inc577,631$4.45M0.00%+33,759+6.2%Added
Bank of America Corp582,444$4.49M0.00%+221,123+61.2%Added
Goldman Sachs Group Inc602,356$4.64M0.00%+261,366+76.6%Added
Summit Creek Advisors LLC724,433$5.59M0.81%−46,152−6.0%Reduced
Blair William & Co779,204$6.01M0.02%−17,439−2.2%Reduced
Northern Trust Corp829,107$6.39M0.00%−9,045−1.1%Reduced
Ameriprise Financial Inc851,848$6.57M0.00%+732,065+611.2%Added
Qube Research & Technologies Ltd867,687$6.69M0.01%+140,825+19.4%Added
Acadian Asset Management LLC916,860$7.06M0.01%+896,634+4,433.1%Added
Colony Group, LLC1,036,769$7.99M0.01%+2030.0%Added
Frontier Capital Management Co LLC1,083,334$8.35M0.07%+362,699+50.3%Added
CenterBook Partners LP1,094,701$8.44M0.42%+786,384+255.1%Added
Cerity Partners LLC1,143,624$8.82M0.01%+1,143,624New
Jacobs Levy Equity Management, Inc1,148,331$8.85M0.04%+1,148,331New
Geode Capital Management, LLC1,581,585$12.2M0.00%−58,407−3.6%Reduced
Royal Bank of Canada1,624,823$12.5M0.00%−88,994−5.2%Reduced
Alliancebernstein L.P.1,869,393$14.4M0.00%−27,016−1.4%Reduced
Morgan Stanley1,894,172$14.6M0.00%+979,760+107.1%Added
Loomis Sayles & Co L P1,935,036$14.9M0.02%−617,350−24.2%Reduced
Wellington Management Group LLP1,951,398$15.0M0.00%−951,662−32.8%Reduced
Dimensional Fund Advisors LP1,985,557$15.3M0.00%+105,950+5.6%Added
Riverbridge Partners LLC2,006,806$15.5M0.26%−253,083−11.2%Reduced
Fourth Sail Capital LP2,811,405$21.7M5.24%+1,187,843+73.2%Added
State Street Corp2,834,331$21.9M0.00%+230,151+8.8%Added
Bamco Inc3,000,322$23.1M0.06%+3220.0%Added
Alyeska Investment Group, L.P.4,290,786$33.1M0.10%+3,017,017+236.9%Added
Vanguard Group Inc5,640,758$43.5M0.00%−178,786−3.1%Reduced
BlackRock, Inc.11,007,566$84.9M0.00%+945,232+9.4%Added
T. Rowe Price Investment Management, Inc.21––+21New
Wasatch Advisors Inc0$00.00%−4,669,558−100.0%Sold out
Jennison Associates LLC0$00.00%−1,966,828−100.0%Sold out
William Blair Investment Management, LLC0$00.00%−1,456,824−100.0%Sold out
American Century Companies Inc0$00.00%−1,007,601−100.0%Sold out
Royce & Associates LP0$00.00%−689,541−100.0%Sold out
Oberweis Asset Management Inc0$00.00%−648,400−100.0%Sold out
Lord, Abbett & Co. LLC0$00.00%−539,261−100.0%Sold out
Next Century Growth Investors LLC0$00.00%−488,114−100.0%Sold out
Renaissance Group LLC0$00.00%−354,007−100.0%Sold out
Axiom Investors LLC0$00.00%−263,719−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−144,937−100.0%Sold out
First Trust Advisors LP0$00.00%−107,048−100.0%Sold out