NerdWallet
NRDS
108 hedge funds and large institutions have $446M invested in NerdWallet in 2024 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 25 reducing their positions, and 22 closing their positions.
1,080% more call options, than puts
Call options by funds: $2.64M | Put options by funds: $224K
100% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 25
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $454M → $446M (-$7.67M)
1.76% less ownership
Funds ownership: 68.09% → 66.33% (-1.8%)
5% less funds holding
Funds holding: 114 → 108 (-6)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$7.19M |
| 2 |
Morgan Stanley
New York
|
+$4M |
| 3 |
BlackRock
New York
|
+$3.69M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.2M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.5M |
| 2 |
Millennium Management
New York
|
-$3.16M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.28M |
| 4 |
Goldman Sachs
New York
|
-$1.78M |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
-$815K |
NRDS Hedge Fund Activity: Q2 2024 in Review
108 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in NerdWallet (NRDS) for Q2 2024, worth a combined $446M — down 1.7% from $454M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NRDS and 18 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 50 added.
The largest buyer was Azora Capital LP, adding an estimated $7.19M. The largest seller was Fidelity Investments, cutting an estimated $24.5M.
- 108 institutional investors held NerdWallet (NRDS) as of Q2 2024, down from 114 in Q1 2024.
- Funds reported $446M of NerdWallet stock for Q2 2024, down 1.7% quarter-over-quarter.
- 18 funds opened new NerdWallet positions in Q2 2024 and 22 closed out, a net change of -4 holders.
- The largest NerdWallet buyer in Q2 2024 was Azora Capital LP, an estimated $7.19M added.
- The largest NerdWallet seller in Q2 2024 was Fidelity Investments, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2024.