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.
23 hedge funds and large institutions have $14.4M 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 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
69% more capital invested
Capital invested by funds: $8.51M → $14.4M (+$5.9M)
12% less funds holding
Funds holding: 26 → 23 (-3)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Clearline Capital
New York
|
+$455K |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
+$417K |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
+$220K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$134K |
| 5 |
CPM
Crescent Park Management
East Palo Alto,
California
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$313K |
| 2 |
DPCM
Darlington Partners Capital Management
Greenbrae,
California
|
-$180K |
| 3 |
ECM
Element Capital Management
New York
|
-$75K |
| 4 |
Walleye Capital
New York
|
-$52.2K |
| 5 |
TCA
Taconic Capital Advisors
New York
|
-$17.8K |
NRDY.WS Hedge Fund Activity: Q1 2022 in Review
23 of the 6,360 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 Q1 2022, worth a combined $14.4M — up 69% from $8.51M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NRDY.WS and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Clearline Capital, opening a new position worth an estimated $455K. The largest seller was Ionic Capital Management, exiting entirely with an estimated $313K sold.
- 23 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 Q1 2022, down from 26 in Q4 2021.
- Funds reported $14.4M 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 Q1 2022, up 69% quarter-over-quarter.
- 1 fund 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 Q1 2022 and 4 closed out, a net change of -3 holders.
- 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 Q1 2022 was Clearline Capital, an estimated $455K 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 Q1 2022 was Ionic Capital Management, an estimated $313K sold.
Based on aggregated 13F filings for Q1 2022.