NerdWallet
NRDS
145 hedge funds and large institutions have $300M invested in NerdWallet in 2025 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 23 closing their positions.
204% more call options, than puts
Call options by funds: $2.12M | Put options by funds: $699K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
4% more funds holding
Funds holding: 139 → 145 (+6)
0% less capital invested
Capital invested by funds: $301M → $300M (-$641K)
1.07% less ownership
Funds ownership: 64.06% → 62.98% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$2.82M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$2.78M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.5M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$2.21M |
| 5 |
Jane Street
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.5M |
| 2 |
KLP
Kent Lake PR
Anasco,
Puerto Rico
|
-$3.02M |
| 3 |
Morgan Stanley
New York
|
-$1.91M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.74M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.15M |
NRDS Hedge Fund Activity: Q3 2025 in Review
145 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in NerdWallet (NRDS) for Q3 2025, worth a combined $300M — down 0.21% from $301M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NRDS positions and 23 closed out — a net gain of 7 holders — while 47 added to existing stakes and 42 trimmed.
The largest buyer was NFJ Investment Group, opening a new position worth an estimated $2.82M. The largest seller was Millennium Management, cutting an estimated $4.5M.
- 145 institutional investors held NerdWallet (NRDS) as of Q3 2025, up from 139 in Q2 2025.
- Funds reported $300M of NerdWallet stock for Q3 2025, down 0.21% quarter-over-quarter.
- 30 funds opened new NerdWallet positions in Q3 2025 and 23 closed out, a net change of +7 holders.
- The largest NerdWallet buyer in Q3 2025 was NFJ Investment Group, an estimated $2.82M added.
- The largest NerdWallet seller in Q3 2025 was Millennium Management, an estimated $4.5M sold.
Based on aggregated 13F filings for Q3 2025.