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66 hedge funds and large institutions have $361M invested in Nerdy in 2021 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

198% more call options, than puts

Call options by funds: $5.22M | Put options by funds: $1.75M

112% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 17

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

40% more funds holding

Funds holding: 4766 (+19)

40% more capital invested

Capital invested by funds: $259M → $361M (+$103M)

29.42% more ownership

Funds ownership: 51.93%81.34% (+29%)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

Holders
66
Holders Change
+19
Holders Change %
+40.43%
% of All Funds
1.16%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
36
Increased
12
Reduced
14
Closed
17
Calls
$5.22M
Puts
$1.75M
Net Calls
+$3.47M
Net Calls Change
-$3.55M

NRDY Hedge Fund Activity: Q1 2021 in Review

66 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q1 2021, worth a combined $361M — up 40% from $259M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new NRDY positions and 17 closed out — a net gain of 19 holders — while 12 added to existing stakes and 14 trimmed.

The largest buyer was Light Street Capital Management, opening a new position worth an estimated $57.7M. The largest seller was UBS O'Connor, exiting entirely with an estimated $20.3M sold.

  • 66 institutional investors held Nerdy (NRDY) as of Q1 2021, up from 47 in Q4 2020.
  • Funds reported $361M of Nerdy stock for Q1 2021, up 40% quarter-over-quarter.
  • 36 funds opened new Nerdy positions in Q1 2021 and 17 closed out, a net change of +19 holders.
  • The largest Nerdy buyer in Q1 2021 was Light Street Capital Management, an estimated $57.7M added.
  • The largest Nerdy seller in Q1 2021 was UBS O'Connor, an estimated $20.3M sold.

Based on aggregated 13F filings for Q1 2021.