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 $6.24M 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 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4% more funds holding
Funds holding: 25 → 26 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
58% less capital invested
Capital invested by funds: $15M → $6.24M (-$8.78M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$247K |
| 2 |
ICM
Ionic Capital Management
New York
|
+$176K |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
+$43.7K |
| 4 |
MGIA
Moneta Group Investment Advisors
St Louis,
Missouri
|
+$24.6K |
| 5 |
VF
Virtu Financial
New York
|
+$12.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
-$119K |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$97.5K |
| 3 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$76.8K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$54.8K |
| 5 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$24.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $1.54K | -$54 | -110 | -4% |
|
|
27
Balyasny Asset Management
Chicago,
Illinois
| – | -$97.5K | -150,000 | Closed |
|
NRDY.WS Hedge Fund Activity: Q2 2023 in Review
26 of the 6,369 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 Q2 2023, worth a combined $6.24M — down 58% from $15M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NRDY.WS positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Kent Lake Capital, opening a new position worth an estimated $247K. The largest seller was Walleye Capital, cutting an estimated $119K.
- 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 Q2 2023, up from 25 in Q1 2023.
- Funds reported $6.24M 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 Q2 2023, down 58% quarter-over-quarter.
- 2 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 Q2 2023 and 1 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 Q2 2023 was Kent Lake Capital, an estimated $247K 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 Q2 2023 was Walleye Capital, an estimated $119K sold.
Based on aggregated 13F filings for Q2 2023.