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NRDY.WS

Nerdy Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 2526 (+1)

Holders
26
Holders Change
+1
Holders Change %
+4%
% of All Funds
0.42%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
5
Reduced
4
Closed
3
Calls
$664K
Puts
Net Calls
+$664K
Net Calls Change
-$391K
Name Holding Trade Value Shares
Change
Change in
Stake
LP
1
LMR Partners
United Kingdom
$5.11M +$219K +819,667 +57%
ACM
2
Archon Capital Management
Washington
$505K
LSCM
3
Light Street Capital Management
California
$299K
TCMV
4
Technology Crossover Management VIII
California
$182K +$164K +614,444 New
ICM
5
Ionic Capital Management
New York
$135K +$80.5K +302,000 +106%
CAC
6
Cowen and Company
New York
$133K +$155K +579,596 New
CC
7
Clearline Capital
New York
$117K
CL
8
CSS LLC
Illinois
$115K +$134K +501,404 New
CH
9
CVI Holdings
Delaware
$64K -$2.04K -7,670 -3%
TGA
10
TPG GP A
Texas
$46K -$80K -300,000 -60%
Balyasny Asset Management
11
Balyasny Asset Management
Illinois
$46K
ACA
12
Arena Capital Advisors
California
$41.2K
SAMU
13
SONA Asset Management (US)
New York
$27.1K
KL
14
KIM LLC
Kansas
$23K
EC
15
Elequin Capital
New York
$23K +$26.7K +100,000 New
WCM
16
Wildcat Capital Management
New York
$22.9K
Jane Street
17
Jane Street
New York
$21K -$29 -107 -0.1%
SRF
18
Silver Rock Financial
California
$16.3K
OMC
19
Old Mission Capital
Illinois
$14.8K +$224 +841 +1%
ACA
20
Atlas Capital Advisors
Wyoming
$13.8K
SCM
21
Saba Capital Management
New York
$12.4K +$2.15K +8,050 +18%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$7.28K -$2.77K -10,400 -25%
FIG
23
Fortress Investment Group
New York
$7.22K
TCM
24
Tenor Capital Management
New York
$6.21K
MCP
25
Maso Capital Partners
Hong Kong
$6K

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.