product · May 16, 2026
Bienville Capital Sells All 945,332 GitLab Shares Valued at $27.61 Million in May 13 Filing
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Bienville Capital sold all 945,332 shares of GitLab on May 13, 2026, with an estimated transaction value of $27.61 million based on quarterly average price. The sale fully exited the position, which had represented 5.6% of the fund’s assets under management in the prior quarter. GitLab shares traded at $22.05 on May 13, 2026, down 58.7% over the past year. The quarter-end value of the GitLab position dropped by $35.48 million including the sale and price changes.
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