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87 hedge funds and large institutions have $260M invested in Nerdy in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,619% more call options, than puts

Call options by funds: $3.37M | Put options by funds: $196K

133% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 9

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

81% more capital invested

Capital invested by funds: $144M → $260M (+$116M)

41% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 22

14% more funds holding

Funds holding: 7687 (+11)

3.22% less ownership

Funds ownership: 68.52%65.3% (-3.2%)

Holders
87
Holders Change
+11
Holders Change %
+14.47%
% of All Funds
1.39%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
21
Increased
31
Reduced
22
Closed
9
Calls
$3.37M
Puts
$196K
Net Calls
+$3.17M
Net Calls Change
+$2.99M
Name Holding Trade Value Shares
Change
Change in
Stake
EI
26
EAM Investors
California
$1.08M +$788K +257,655 New
Citadel Advisors
27
Citadel Advisors
Florida
$1.05M +$628K +205,341 +451%
N
28
Nuveen
North Carolina
$865K +$356K +116,570 +129%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
29
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$805K -$1.24M -407,300 -68%
GRIM
30
Greenhaven Road Investment Management
Connecticut
$794K
Bank of New York Mellon
31
Bank of New York Mellon
New York
$653K +$24 +8 +0%
Charles Schwab
32
Charles Schwab
California
$644K +$9.21K +3,015 +2%
PAM
33
Panagora Asset Management
Massachusetts
$467K +$341K +111,621 New
WVP
34
Worth Venture Partners
New Jersey
$411K +$301K +98,400 New
AR
35
Advisory Research
Illinois
$370K +$271K +88,541 New
OQS
36
Occudo Quantitative Strategies
Florida
$354K +$259K +84,603 New
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$295K +$5.61K +1,836 +3%
UBS Group
38
UBS Group
Switzerland
$231K +$94.4K +30,882 +126%
E
39
Ergoteles
New York
$211K +$154K +50,500 New
JP Morgan Chase
40
JP Morgan Chase
New York
$180K +$36.9K +12,084 +39%
SO
41
STRS Ohio
Ohio
$174K -$100K -32,800 -44%
Mercer Global Advisors
42
Mercer Global Advisors
Colorado
$172K
MGIA
43
Moneta Group Investment Advisors
Missouri
$165K +$45.7K +14,959 +61%
Deutsche Bank
44
Deutsche Bank
Germany
$150K +$35.7K +11,673 +48%
CSS
45
Cubist Systematic Strategies
Connecticut
$146K +$106K +34,819 New
MIM
46
MetLife Investment Management
New Jersey
$136K +$99.2K +32,464 New
Tudor Investment Corp
47
Tudor Investment Corp
Connecticut
$134K +$98K +32,068 New
PI
48
PFS Investments
Georgia
$122K +$30.9K +10,095 +49%
Bank of America
49
Bank of America
North Carolina
$121K -$16.1K -5,258 -15%
IEFM
50
IQ EQ Fund Management
Ireland
$120K -$31K -10,153 -26%

NRDY Hedge Fund Activity: Q1 2023 in Review

87 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q1 2023, worth a combined $260M — up 81% from $144M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new NRDY positions and 9 closed out — a net gain of 12 holders — while 31 added to existing stakes and 22 trimmed.

The largest buyer was Divisadero Street Capital Management, opening a new position worth an estimated $3.62M. The largest seller was Goldman Sachs, cutting an estimated $3.26M.

  • 87 institutional investors held Nerdy (NRDY) as of Q1 2023, up from 76 in Q4 2022.
  • Funds reported $260M of Nerdy stock for Q1 2023, up 81% quarter-over-quarter.
  • 21 funds opened new Nerdy positions in Q1 2023 and 9 closed out, a net change of +12 holders.
  • The largest Nerdy buyer in Q1 2023 was Divisadero Street Capital Management, an estimated $3.62M added.
  • The largest Nerdy seller in Q1 2023 was Goldman Sachs, an estimated $3.26M sold.

Based on aggregated 13F filings for Q1 2023.