NerdWallet
NRDS
128 hedge funds and large institutions have $389M invested in NerdWallet in 2024 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 15 closing their positions.
113% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
14% more capital invested
Capital invested by funds: $340M → $389M (+$49.2M)
13% more funds holding
Funds holding: 113 → 128 (+15)
13.1% more ownership
Funds ownership: 56.99% → 70.08% (+13%)
84% less call options, than puts
Call options by funds: $4.26M | Put options by funds: $26.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$11.6M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$10.8M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$7.41M |
| 4 |
Millennium Management
New York
|
+$7.15M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$34.6M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$8.62M |
| 3 |
BlackRock
New York
|
-$3.37M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.23M |
| 5 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$2.73M |
NRDS Hedge Fund Activity: Q4 2024 in Review
128 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in NerdWallet (NRDS) for Q4 2024, worth a combined $389M — up 14% from $340M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new NRDS positions and 15 closed out — a net gain of 17 holders — while 47 added to existing stakes and 35 trimmed.
The largest buyer was Quinn Opportunity Partners, adding an estimated $11.6M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $34.6M sold.
- 128 institutional investors held NerdWallet (NRDS) as of Q4 2024, up from 113 in Q3 2024.
- Funds reported $389M of NerdWallet stock for Q4 2024, up 14% quarter-over-quarter.
- 32 funds opened new NerdWallet positions in Q4 2024 and 15 closed out, a net change of +17 holders.
- The largest NerdWallet buyer in Q4 2024 was Quinn Opportunity Partners, an estimated $11.6M added.
- The largest NerdWallet seller in Q4 2024 was T. Rowe Price Investment Management, an estimated $34.6M sold.
Based on aggregated 13F filings for Q4 2024.