GRID DYNAMICS HLDGS INC GDYN
CL A · Common Stock · CUSIP 39813G109 · ISIN US39813G1094
Global provider of AI, engineering, and technology consulting services
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersSan Ramon, CA
- Founded2006
- Websitegriddynamics.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($375.0k this quarter). Holder counts are more reliable. Shares outstanding: 81.1m as of 2026-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $5.68. Options: 7 managers hold calls ($3.8m notional), 6 hold puts ($1.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 176 |
| Q4 2022 | 159 |
| Q1 2023 | 155 |
| Q2 2023 | 148 |
| Q3 2023 | 137 |
| Q4 2023 | 143 |
| Q1 2024 | 137 |
| Q2 2024 | 134 |
| Q3 2024 | 148 |
| Q4 2024 | 202 |
| Q1 2025 | 225 |
| Q2 2025 | 203 |
| Q3 2025 | 188 |
| Q4 2025 | 198 |
| Q1 2026 | 197 |
| Q2 2026 | 197 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 69 | 70 |
| Q4 2024 | 131 | 61 |
| Q1 2025 | 129 | 95 |
| Q2 2025 | 116 | 109 |
| Q3 2025 | 121 | 110 |
| Q4 2025 | 104 | 103 |
| Q1 2026 | 104 | 109 |
| Q2 2026 | 115 | 106 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $677.6k | $89.7k | 0.13 |
| Q4 2025 | $721.5k | $116.5k | 0.16 |
| Q1 2026 | $336.9k | $201.2k | 0.60 |
| Q2 2026 | $3.8m | $1.8m | 0.47 |
Biggest buyers
| JANE STREET GROUP, LLC | New | +1.3m |
| T. Rowe Price Investment Management, Inc. | Added | +1.1m |
| MILLENNIUM MANAGEMENT LLC | New | +1.1m |
| Alyeska Investment Group, L.P. | Added | +811.4k |
| CSM Advisors, LLC | New | +755.8k |
| MORGAN STANLEY | Added | +552.0k |
| KENNEDY CAPITAL MANAGEMENT LLC | New | +501.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +476.6k |
| Squarepoint Ops LLC | New | +475.7k |
| GOLDMAN SACHS GROUP INC | Added | +441.8k |
Biggest sellers
| BlackRock, Inc. | Reduced | -5.1m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -2.0m |
| Bastion Asset Management Inc. | Sold out | -1.1m |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Sold out | -1.1m |
| STATE STREET CORP | Reduced | -897.4k |
| D. E. Shaw & Co., Inc. | Reduced | -630.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -626.0k |
| Fourth Sail Capital LP | Sold out | -610.3k |
| BLAIR WILLIAM & CO/IL | Reduced | -485.8k |
| RIVERBRIDGE PARTNERS LLC | Reduced | -441.0k |
Biggest calls
| PEAK6 LLC | New | $1.4m250.1k shares |
| SIMPLEX TRADING, LLC | Added | $855.4k150.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $707.7k124.6k shares |
| GROUP ONE TRADING LLC | Added | $597.5k105.2k shares |
| IMC-Chicago, LLC | New | $67.0k11.8k shares |
| JANE STREET GROUP, LLC | Reduced | $61.3k10.8k shares |
| Walleye Capital LLC | New | $56.8k10.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $522.0k91.9k shares |
| JANE STREET GROUP, LLC | New | $515.2k90.7k shares |
| CITADEL ADVISORS LLC | Added | $469.2k82.6k shares |
| GROUP ONE TRADING LLC | New | $103.4k18.2k shares |
| IMC-Chicago, LLC | New | $89.2k15.7k shares |
| SIMPLEX TRADING, LLC | New | $88.0k15.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Alyeska Investment Group, L.P. 13G · institution +1.1 pts · filed 2026-08-14 | 7.2% |
| BlackRock, Inc. 13G · institution -5.2 pts · filed 2026-07-08 | 6.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), WASATCH ADVISORS LP (0.0%, 2025-11-13)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $4.0m | $4.0m |
| Q1 2025 | 0 | — | 3 | $6.3m | $6.3m |
| Q2 2025 | 0 | — | 3 | $2.4m | $2.4m |
| Q3 2025 | 0 | — | 3 | $534.9k | $533.8k |
| Q4 2025 | 0 | — | 4 | $691.4k | $420.6k |
| Q1 2026 | 0 | — | 3 | $339.3k | $339.3k |
| Q2 2026 | 0 | — | 1 | $45.4k | $45.4k |
| Q3 2026 | 0 | — | 1 | $74.1k | $74.1k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-03 | Gryzlov Yury CHIEF OPERATING OFFICER | Sold plan | $31.3k3.9k shares |
| 2026-08-18 | Gryzlov Yury CHIEF OPERATING OFFICER | Sold plan | $3.5k467 shares |
| 2026-08-13 | Gryzlov Yury CHIEF OPERATING OFFICER | Sold plan | $31.4k3.9k shares |
| 2026-07-02 | Gryzlov Yury CHIEF OPERATING OFFICER | Sold plan | $7.8k1.2k shares |
| 2026-06-01 | Gryzlov Yury CHIEF OPERATING OFFICER | Sold plan | $35.5k4.4k shares |
| 2026-05-15 | Gryzlov Yury CHIEF OPERATING OFFICER | Sold plan | $3.0k467 shares |
| 2026-04-02 | Gryzlov Yury CHIEF OPERATING OFFICER | Sold plan | $6.9k1.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 6.7m $37.9m | Reduced -5.1m |
| Alyeska Investment Group, L.P. 0.09% of their portfolio | 6.1m $34.5m | Added +811.4k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 3.7m $21.1m | Added +1.1m |
| BAMCO INC /NY/ 0.03% of their portfolio | 3.0m $17.0m | Reduced -322 |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.8m $15.9m | Reduced -18.9k |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $13.8m | Added +552.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 2.2m $12.2m | Reduced -626.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.0m $11.5m | Reduced -897.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.8m $10.0m | Added +147.3k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 1.7m $9.9m | Added +302.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 1.3m $7.5m | Added +157.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 1.3m $7.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $6.9m | Added +441.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.1m $6.4m | Reduced -190.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.1m $6.3m | Reduced -292.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.1m $6.2m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.0m $5.9m | Added +132.2k |
| Focus Partners Wealth 0.01% of their portfolio | 1.0m $5.8m | Reduced -8.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 991.7k $5.6m | Added +227.7k |
| RIVERBRIDGE PARTNERS LLC 0.16% of their portfolio | 986.5k $5.6m | Reduced -441.0k |
| CenterBook Partners LP 0.23% of their portfolio | 825.3k $4.7m | Added +40.5k |
| CSM Advisors, LLC 0.09% of their portfolio | 755.8k $4.3m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 746.4k $4.2m | Added +99.4k |
| S SQUARED TECHNOLOGY, LLC 1.12% of their portfolio | 636.7k $3.6m | Unchanged |
| Trexquant Investment LP 0.02% of their portfolio | 614.1k $3.5m | Added +190.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 595.1k $3.4m | Added +476.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 553.8k $3.1m | Reduced -630.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 539.2k $3.1m | Added +102.4k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 501.7k $2.8m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 489.3k $2.7m | Reduced -104.8k |
| Squarepoint Ops LLC 0.01% of their portfolio | 475.7k $2.7m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 451.9k $2.6m | Reduced -30.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 438.0k $2.5m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 434.2k $2.5m | Reduced -30.5k |
| Summit Creek Advisors LLC 0.83% of their portfolio | 431.7k $2.5m | Reduced -388.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 424.6k $2.4m | Added +3.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 412.6k $2.3m | Added +105.8k |
| 1492 Capital Management LLC 0.69% of their portfolio | 412.3k $2.3m | Reduced -29.5k |
| NICHOLAS COMPANY, INC. 0.04% of their portfolio | 382.6k $2.2m | Added +200 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 313.0k $1.8m | Reduced -2.0m |
| CITIGROUP INC 0.00% of their portfolio | 312.1k $1.8m | Added +25.0k |
| NORGES BANK 0.00% of their portfolio | 263.1k $1.5m | Not comparable |
| Nuveen, LLC 0.00% of their portfolio | 261.0k $1.5m | Added +139.0k |
| Linden Thomas Advisory Services, LLC 0.12% of their portfolio | 258.8k $1.5m | Added +153.0k |
| FORMULA GROWTH LTD 0.50% of their portfolio | 251.9k $1.4m | Reduced -1.0k |
| UBS Group AG 0.00% of their portfolio | 249.1k $1.4m | Reduced -248.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 245.9k $1.4m | Reduced -143.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 237.1k $1.3m | Reduced -127.2k |
| Pacific Ridge Capital Partners, LLC 0.23% of their portfolio | 227.7k $1.3m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 207.6k $1.2m | New |
| FMR LLC 0.00% of their portfolio | 199.3k $1.1m | Added +188.0k |
| Catalyst Funds Management Pty Ltd 0.06% of their portfolio | 192.0k $1.1m | New |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 189.6k $1.1m | Reduced -227.4k |
| Mirador Capital Partners LP 0.13% of their portfolio | 189.1k $1.1m | Added +18.1k |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 181.2k $1.0m | New |
| LPL Financial LLC 0.00% of their portfolio | 173.2k $983.9k | Added +36.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 167.0k $948.0k | New |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 165.7k $941.1k | Added +52.0k |
| IMC-Chicago, LLC 0.01% of their portfolio | 158.1k $898.1k | New |
| Invesco Ltd. 0.00% of their portfolio | 156.8k $890.8k | Reduced -195.3k |
| Creative Planning 0.00% of their portfolio | 150.4k $854.3k | Reduced -1.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 148.9k $846.0k | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 142.6k $810.1k | Reduced -138.8k |
| Swiss National Bank 0.00% of their portfolio | 137.0k $778.2k | Added +3.3k |
| Pacer Advisors, Inc. 0.00% of their portfolio | 131.9k $749.0k | Reduced -23.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 131.6k $747.5k | Reduced -2.3k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.04% of their portfolio | 131.4k $746.4k | Added +4.0k |
| P.A.W. CAPITAL CORP 0.52% of their portfolio | 120.0k $681.6k | Added +20.0k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 103.0k $585.0k | Added +8.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 96.0k $543.0k | Reduced -259.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 90.9k $516.6k | Added +42.3k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 87.6k $497.8k | Added +87.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 87.4k $496.2k | Reduced -3.7k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio | 86.5k $491.1k | Reduced -2.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 84.1k $477.7k | Reduced -104.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 70.3k $399.2k | Added +2.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 69.9k $396.8k | Added +6.2k |
| New Age Alpha Advisors, LLC 0.02% of their portfolio | 68.4k $388.3k | New |
| State of Wyoming 0.04% of their portfolio | 68.3k $388.2k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 67.5k $383.6k | Added +3.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 61.4k $349.0k | Reduced -144.8k |
| Themes Management Co LLC 0.23% of their portfolio | 60.7k $344.8k | Reduced -6.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 59.0k $335.1k | Added +26.0k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio | 57.7k $327.9k | Reduced -15.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 56.8k $322.7k | New |
| Walleye Capital LLC 0.00% of their portfolio | 56.1k $318.4k | Reduced -120.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 55.8k $317.0k | Added +30.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 54.6k $309.9k | Reduced -195.7k |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 53.9k $305.9k | Added +21.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 53.8k $305.7k | Added +15.7k |
| Legal & General Group Plc 0.00% of their portfolio | 53.5k $303.9k | Reduced -96.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 51.8k $295.0k | Added +1.8k |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 47.4k $269.4k | Added +40.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 41.7k $236.8k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 41.5k $235.8k | Added +6.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 41.2k $233.8k | Unchanged |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 39.6k $225.1k | Added +26.1k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 37.5k $213.1k | Added +9.0k |
| Mariner, LLC 0.00% of their portfolio | 32.0k $181.5k | New |
| nVerses Capital, LLC 0.28% of their portfolio | 31.7k $180.3k | New |