NerdWallet
NRDS
82 hedge funds and large institutions have $238M invested in NerdWallet in 2022 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 33 increasing their positions, 10 reducing their positions, and 7 closing their positions.
546% more call options, than puts
Call options by funds: $5.15M | Put options by funds: $797K
243% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 7
230% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 10
24% more funds holding
Funds holding: 66 → 82 (+16)
16% more capital invested
Capital invested by funds: $206M → $238M (+$32.8M)
3.08% more ownership
Funds ownership: 55.13% → 58.21% (+3.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.51M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
+$6.8M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.71M |
| 5 |
RVPG
Relative Value Partners Group
|
+$3.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVMX
Institutional Venture Management XIV
Menlo Park,
California
|
-$8.98M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.81M |
| 3 |
Goldman Sachs
New York
|
-$3.27M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.16M |
| 5 |
RCP
RIT Capital Partners
London,
United Kingdom
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
76
CoreCap Advisors
Southfield,
Michigan
| $1.92K | +$2.24K | +200 | New |
|
|
CSPIA
77
Cary Street Partners Investment Advisory
Richmond,
Virginia
| $384 | +$449 | +40 | New |
|
|
OLVIG
78
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| $173 | – | – | – |
|
|
CS
79
Credit Suisse
Zurich,
Switzerland
| $10 | -$1.62K | -144 | -99% |
|
|
80
Point72 Asset Management
Stamford,
Connecticut
| – | -$4.81M | -542,382 | Closed |
|
|
RCP
81
RIT Capital Partners
London,
United Kingdom
| – | -$1.38M | -155,741 | Closed |
|
|
OQS
82
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$113K | -12,693 | Closed |
|
|
PP
83
PDT Partners
New York
| – | -$97K | -10,933 | Closed |
|
|
QI
84
Qtron Investments
Boston,
Massachusetts
| – | -$89K | -10,034 | Closed |
|
85
Group One Trading
Chicago,
Illinois
| – | -$68.9K | -6,140 | Closed |
|
|
CWM
86
Castle Wealth Management
West Palm Beach,
Florida
| – | -$1K | -60 | Closed |
|
87
Rockefeller Capital Management
New York
| – | +$34 | +3 | New |
|
NRDS Hedge Fund Activity: Q4 2022 in Review
82 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in NerdWallet (NRDS) for Q4 2022, worth a combined $238M — up 16% from $206M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NRDS positions and 7 closed out — a net gain of 17 holders — while 33 added to existing stakes and 10 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.51M. The largest seller was Institutional Venture Management XIV, cutting an estimated $8.98M.
- 82 institutional investors held NerdWallet (NRDS) as of Q4 2022, up from 66 in Q3 2022.
- Funds reported $238M of NerdWallet stock for Q4 2022, up 16% quarter-over-quarter.
- 24 funds opened new NerdWallet positions in Q4 2022 and 7 closed out, a net change of +17 holders.
- The largest NerdWallet buyer in Q4 2022 was Fidelity Investments, an estimated $8.51M added.
- The largest NerdWallet seller in Q4 2022 was Institutional Venture Management XIV, an estimated $8.98M sold.
Based on aggregated 13F filings for Q4 2022.