Nerdy
NRDY
80 hedge funds and large institutions have $356M invested in Nerdy in 2022 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 22 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
1% less funds holding
Funds holding: 81 → 80 (-1)
11% less capital invested
Capital invested by funds: $398M → $356M (-$41.9M)
22.28% less ownership
Funds ownership: 105.96% → 83.67% (-22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.5M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$3.39M |
| 3 |
CC
Clearline Capital
New York
|
+$2.9M |
| 4 |
JGC
J. Goldman & Co
New York
|
+$2.4M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
-$72.2M |
| 2 |
Goldman Sachs
New York
|
-$7.15M |
| 3 |
AWG
Alpha Wave Global
New York
|
-$6.76M |
| 4 |
Morgan Stanley
New York
|
-$5.03M |
| 5 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$3.46M |
NRDY Hedge Fund Activity: Q1 2022 in Review
80 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q1 2022, worth a combined $356M — down 11% from $398M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NRDY and 21 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 23 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $5.5M. The largest seller was Technology Crossover Management VIII, cutting an estimated $72.2M.
- 80 institutional investors held Nerdy (NRDY) as of Q1 2022, down from 81 in Q4 2021.
- Funds reported $356M of Nerdy stock for Q1 2022, down 11% quarter-over-quarter.
- 21 funds opened new Nerdy positions in Q1 2022 and 22 closed out, a net change of -1 holder.
- The largest Nerdy buyer in Q1 2022 was Credit Suisse, an estimated $5.5M added.
- The largest Nerdy seller in Q1 2022 was Technology Crossover Management VIII, an estimated $72.2M sold.
Based on aggregated 13F filings for Q1 2022.