NerdWallet
NRDS
68 hedge funds and large institutions have $172M invested in NerdWallet in 2022 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 10 closing their positions.
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
132% more call options, than puts
Call options by funds: $2.02M | Put options by funds: $871K
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
39% more funds holding
Funds holding: 49 → 68 (+19)
9.6% more ownership
Funds ownership: 51.5% → 61.1% (+9.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
21% less capital invested
Capital invested by funds: $218M → $172M (-$45.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.8M |
| 2 |
BlackRock
New York
|
+$11.9M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$5.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.42M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$16M |
| 2 |
HV
HST Ventures
Park City,
Utah
|
-$2.65M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$682K |
| 4 |
HF
HRT Financial
New York
|
-$516K |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$486K |
NRDS Hedge Fund Activity: Q2 2022 in Review
68 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in NerdWallet (NRDS) for Q2 2022, worth a combined $172M — down 21% from $218M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NRDS positions and 10 closed out — a net gain of 19 holders — while 23 added to existing stakes and 10 trimmed.
The largest buyer was Vanguard Group, adding an estimated $15.8M. The largest seller was Ophir Asset Management, exiting entirely with an estimated $16M sold.
- 68 institutional investors held NerdWallet (NRDS) as of Q2 2022, up from 49 in Q1 2022.
- Funds reported $172M of NerdWallet stock for Q2 2022, down 21% quarter-over-quarter.
- 29 funds opened new NerdWallet positions in Q2 2022 and 10 closed out, a net change of +19 holders.
- The largest NerdWallet buyer in Q2 2022 was Vanguard Group, an estimated $15.8M added.
- The largest NerdWallet seller in Q2 2022 was Ophir Asset Management, an estimated $16M sold.
Based on aggregated 13F filings for Q2 2022.