NerdWallet
NRDS
66 hedge funds and large institutions have $206M invested in NerdWallet in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 13 closing their positions.
511% more call options, than puts
Call options by funds: $2.26M | Put options by funds: $370K
20% more capital invested
Capital invested by funds: $172M → $206M (+$33.7M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
3% less funds holding
Funds holding: 68 → 66 (-2)
5.97% less ownership
Funds ownership: 61.1% → 55.13% (-6%)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.06M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.38M |
| 3 |
BlackRock
New York
|
+$3.34M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.11M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.5M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$5.68M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.07M |
| 4 |
RCP
RIT Capital Partners
London,
United Kingdom
|
-$924K |
| 5 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
-$420K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFCM
76
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | +$88 | +9 | New |
|
77
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$343 | +35 | New |
|
NRDS Hedge Fund Activity: Q3 2022 in Review
66 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in NerdWallet (NRDS) for Q3 2022, worth a combined $206M — up 20% from $172M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NRDS and 11 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 21 added.
The largest buyer was Vanguard Group, adding an estimated $9.06M. The largest seller was T. Rowe Price Associates, cutting an estimated $17.5M.
- 66 institutional investors held NerdWallet (NRDS) as of Q3 2022, down from 68 in Q2 2022.
- Funds reported $206M of NerdWallet stock for Q3 2022, up 20% quarter-over-quarter.
- 11 funds opened new NerdWallet positions in Q3 2022 and 13 closed out, a net change of -2 holders.
- The largest NerdWallet buyer in Q3 2022 was Vanguard Group, an estimated $9.06M added.
- The largest NerdWallet seller in Q3 2022 was T. Rowe Price Associates, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2022.