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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
Barclays
51
Barclays
United Kingdom
$118K +$40.4K +13,205 +88%
AIG
52
American International Group
New York
$113K +$1.64K +536 +2%
Susquehanna International Group
53
Susquehanna International Group
Pennsylvania
$103K +$75.1K +24,579 New
Manulife (Manufacturers Life Insurance)
54
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$102K
GCP
55
GSA Capital Partners
United Kingdom
$100K +$73.4K +24,015 New
SOW
56
State of Wyoming
Wyoming
$97.1K +$71K +23,233 New
Invesco
57
Invesco
Georgia
$96.6K +$3.66K +1,198 +5%
VOYA Investment Management
58
VOYA Investment Management
Georgia
$89.9K
TI
59
Tidal Investments
Wisconsin
$87K -$14K -4,580 -18%
California State Teachers Retirement System (CalSTRS)
60
California State Teachers Retirement System (CalSTRS)
California
$86.8K -$4.68K -1,531 -7%
SSA
61
Schonfeld Strategic Advisors
New York
$79.8K +$58.4K +19,100 New
GCM
62
Graham Capital Management
Connecticut
$75.1K +$54.9K +17,974 New
CHAM
63
Clear Harbor Asset Management
Connecticut
$71.1K -$257K -84,044 -83%
LSA
64
Leonteq Securities AG
Switzerland
$60.6K
Allspring Global Investments
65
Allspring Global Investments
North Carolina
$56.8K +$41.5K +13,594 New
Wells Fargo
66
Wells Fargo
California
$48.1K +$33.1K +10,814 +1,545%
RFA
67
Register Financial Advisors
Georgia
$48.1K +$4.58K +1,500 +15%
FFP
68
FourThought Financial Partners
Florida
$47K
Legal & General Group
69
Legal & General Group
United Kingdom
$45.5K +$3.18K +1,039 +11%
T. Rowe Price Associates
70
T. Rowe Price Associates
Maryland
$45K +$32.2K +10,531 New
BSW
71
Buckingham Strategic Wealth
Missouri
$43.7K
MSAM
72
Moloney Securities Asset Management
Missouri
$43.4K
Jane Street
73
Jane Street
New York
$42.7K -$32.9K -10,750 -51%
New York State Common Retirement Fund
74
New York State Common Retirement Fund
New York
$40.1K -$91.1K -29,800 -76%
Royal Bank of Canada
75
Royal Bank of Canada
Ontario, Canada
$37K -$21.7K -7,085 -44%

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.