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102 hedge funds and large institutions have $271M invested in Nerdy in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,349% more call options, than puts

Call options by funds: $4.69M | Put options by funds: $136K

125% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 12

82% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 22

17% more funds holding

Funds holding: 87102 (+15)

1.11% more ownership

Funds ownership: 65.3%66.41% (+1.1%)

4% more capital invested

Capital invested by funds: $260M → $271M (+$11.6M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
102
Holders Change
+15
Holders Change %
+17.24%
% of All Funds
1.6%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
27
Increased
40
Reduced
22
Closed
12
Calls
$4.69M
Puts
$136K
Net Calls
+$4.55M
Net Calls Change
+$1.38M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$1.09M -$998K -280,877 -52%
Prudential Financial
27
Prudential Financial
New Jersey
$860K +$733K +206,315 New
Squarepoint
28
Squarepoint
New York
$826K +$704K +198,112 New
Marshall Wace
29
Marshall Wace
United Kingdom
$806K +$687K +193,365 New
Jacobs Levy Equity Management
30
Jacobs Levy Equity Management
New Jersey
$796K +$679K +191,006 New
Bank of New York Mellon
31
Bank of New York Mellon
New York
$710K +$50.3K +14,143 +9%
Charles Schwab
32
Charles Schwab
California
$677K +$28.9K +8,146 +5%
BFM
33
Boothbay Fund Management
New York
$633K +$540K +151,855 New
JF
34
Jump Financial
Illinois
$532K +$453K +127,597 New
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$521K -$509K -143,259 -53%
Citadel Advisors
36
Citadel Advisors
Florida
$457K -$502K -141,301 -56%
PAM
37
Panagora Asset Management
Massachusetts
$438K -$23K -6,479 -6%
OQS
38
Occudo Quantitative Strategies
Florida
$430K +$65.9K +18,544 +22%
CSS
39
Cubist Systematic Strategies
Connecticut
$373K +$194K +54,731 +157%
ECM
40
ExodusPoint Capital Management
New York
$360K +$306K +86,247 New
XT
41
XTX Topco
Cayman Islands
$315K +$269K +75,606 New
Tudor Investment Corp
42
Tudor Investment Corp
Connecticut
$315K +$155K +43,500 +136%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$307K +$10.6K +2,980 +4%
MGIA
44
Moneta Group Investment Advisors
Missouri
$277K +$95.9K +27,000 +68%
UBS Group
45
UBS Group
Switzerland
$249K +$15.3K +4,303 +8%
Bank of America
46
Bank of America
North Carolina
$231K +$94.4K +26,566 +92%
MCM
47
Moore Capital Management
New York
$209K +$178K +50,000 New
BJL
48
Brighton Jones LLC
Washington
$205K +$175K +49,261 New
JP Morgan Chase
49
JP Morgan Chase
New York
$192K +$11.4K +3,206 +7%
SOW
50
State of Wyoming
Wyoming
$175K +$66.7K +18,781 +81%

NRDY Hedge Fund Activity: Q2 2023 in Review

102 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q2 2023, worth a combined $271M — up 4.5% from $260M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new NRDY positions and 12 closed out — a net gain of 15 holders — while 40 added to existing stakes and 22 trimmed.

The largest buyer was Portolan Capital Management, opening a new position worth an estimated $6.19M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $10.9M sold.

  • 102 institutional investors held Nerdy (NRDY) as of Q2 2023, up from 87 in Q1 2023.
  • Funds reported $271M of Nerdy stock for Q2 2023, up 4.5% quarter-over-quarter.
  • 27 funds opened new Nerdy positions in Q2 2023 and 12 closed out, a net change of +15 holders.
  • The largest Nerdy buyer in Q2 2023 was Portolan Capital Management, an estimated $6.19M added.
  • The largest Nerdy seller in Q2 2023 was Rubric Capital Management (New York), an estimated $10.9M sold.

Based on aggregated 13F filings for Q2 2023.