product · May 16, 2026
Bienville Capital Sells All 945,332 GitLab Shares for $27.61 Million
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Bienville Capital Management sold its entire holding of 945,332 GitLab shares in a transaction valued at $27.61 million based on quarterly average price. The SEC filing dated May 13, 2026, showed the position's quarter-end value dropped by $35.48 million including the sale and price movement. GitLab shares traded at $22.05 on May 13, 2026, down 58.7% over the past year. Bienville Capital fully exited GitLab, reducing its 13F assets under management exposure to 0% from a prior 5.6% allocation.
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