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.
25 hedge funds and large institutions have $6.25M 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 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
29% more capital invested
Capital invested by funds: $4.85M → $6.25M (+$1.4M)
4% more funds holding
Funds holding: 24 → 25 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$114K |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
+$108K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$20K |
| 4 |
SCM
Saba Capital Management
New York
|
+$18.5K |
| 5 |
D.E. Shaw & Co
New York
|
+$17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$30K |
| 2 |
CPM
Crescent Park Management
East Palo Alto,
California
|
-$22.4K |
| 3 |
HF
HRT Financial
New York
|
-$4K |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$806 |
NRDY.WS Hedge Fund Activity: Q3 2022 in Review
25 of the 5,805 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 Q3 2022, worth a combined $6.25M — up 29% from $4.85M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NRDY.WS positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Ionic Capital Management, opening a new position worth an estimated $114K. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $30K sold.
- 25 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 Q3 2022, up from 24 in Q2 2022.
- Funds reported $6.25M 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 Q3 2022, up 29% quarter-over-quarter.
- 3 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 Q3 2022 and 2 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 Q3 2022 was Ionic Capital Management, an estimated $114K 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 Q3 2022 was Empyrean Capital Partners, an estimated $30K sold.
Based on aggregated 13F filings for Q3 2022.