Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
NRDY.WS
NRDY.WS was delisted on the 25th of September, 2023.
26 hedge funds and large institutions have $7M invested in Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
12% more capital invested
Capital invested by funds: $6.25M → $7M (+$744K)
4% more funds holding
Funds holding: 25 → 26 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
+$219K |
| 2 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
+$164K |
| 3 |
CAC
Cowen and Company
New York
|
+$155K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$134K |
| 5 |
ICM
Ionic Capital Management
New York
|
+$80.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPM
Crescent Park Management
East Palo Alto,
California
|
-$618K |
| 2 |
DPCM
Darlington Partners Capital Management
Greenbrae,
California
|
-$80K |
| 3 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$80K |
| 4 |
D.E. Shaw & Co
New York
|
-$2.77K |
| 5 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$2.04K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $3.19K | +$3.26K | +12,223 | +746% |
|
|
CPM
27
Crescent Park Management
East Palo Alto,
California
| – | -$618K | -1,545,732 | Closed |
|
|
DPCM
28
Darlington Partners Capital Management
Greenbrae,
California
| – | -$80K | -200,000 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$2K | -4,679 | Closed |
|
NRDY.WS Hedge Fund Activity: Q4 2022 in Review
26 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (NRDY.WS) for Q4 2022, worth a combined $7M — up 12% from $6.25M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NRDY.WS positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.
The largest buyer was LMR Partners, adding an estimated $219K. The largest seller was Crescent Park Management, exiting entirely with an estimated $618K sold.
- 26 institutional investors held Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (NRDY.WS) as of Q4 2022, up from 25 in Q3 2022.
- Funds reported $7M of Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share stock for Q4 2022, up 12% quarter-over-quarter.
- 4 funds opened new Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share positions in Q4 2022 and 3 closed out, a net change of +1 holder.
- The largest Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share buyer in Q4 2022 was LMR Partners, an estimated $219K added.
- The largest Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share seller in Q4 2022 was Crescent Park Management, an estimated $618K sold.
Based on aggregated 13F filings for Q4 2022.