NerdWallet
NRDS
49 hedge funds and large institutions have $218M invested in NerdWallet in 2022 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 11 closing their positions.
78% more call options, than puts
Call options by funds: $753K | Put options by funds: $422K
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
17% more funds holding
Funds holding: 42 → 49 (+7)
0.98% less ownership
Funds ownership: 52.48% → 51.5% (-0.98%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
19% less capital invested
Capital invested by funds: $269M → $218M (-$51.2M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$11.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.46M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.06M |
| 4 |
Renaissance Technologies
New York
|
+$1.3M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$855K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$4.15M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.63M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$1.55M |
| 4 |
Morgan Stanley
New York
|
-$1.27M |
| 5 |
BlackRock
New York
|
-$1.1M |
NRDS Hedge Fund Activity: Q1 2022 in Review
49 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in NerdWallet (NRDS) for Q1 2022, worth a combined $218M — down 19% from $269M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NRDS positions and 11 closed out — a net gain of 7 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Brandywine Global Investment Management, opening a new position worth an estimated $11.3M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $4.15M.
- 49 institutional investors held NerdWallet (NRDS) as of Q1 2022, up from 42 in Q4 2021.
- Funds reported $218M of NerdWallet stock for Q1 2022, down 19% quarter-over-quarter.
- 18 funds opened new NerdWallet positions in Q1 2022 and 11 closed out, a net change of +7 holders.
- The largest NerdWallet buyer in Q1 2022 was Brandywine Global Investment Management, an estimated $11.3M added.
- The largest NerdWallet seller in Q1 2022 was Schonfeld Strategic Advisors, an estimated $4.15M sold.
Based on aggregated 13F filings for Q1 2022.