Nerdy
NRDY
76 hedge funds and large institutions have $144M invested in Nerdy in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 10 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
11% more capital invested
Capital invested by funds: $129M → $144M (+$14.6M)
1.56% more ownership
Funds ownership: 66.96% → 68.52% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 78 → 76 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.34M |
| 2 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$2.23M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.02M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$1.69M |
| 5 |
BlackRock
New York
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$3.26M |
| 2 |
CC
Clearline Capital
New York
|
-$2.74M |
| 3 |
Renaissance Technologies
New York
|
-$1.15M |
| 4 |
ACA
Atlas Capital Advisors
Jackson,
Wyoming
|
-$633K |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$465K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$226K | -107,341 | Closed |
|
|
MA
77
MYDA Advisors
Woodmere,
New York
| – | -$148K | -70,000 | Closed |
|
78
BNP Paribas Financial Markets
Paris,
France
| – | -$67.7K | -32,078 | Closed |
|
79
AQR Capital Management
Greenwich,
Connecticut
| – | -$47K | -22,226 | Closed |
|
|
LOAMU
80
Lombard Odier Asset Management (USA)
New York
| – | -$43K | -20,266 | Closed |
|
|
WT
81
Whittier Trust
South Pasadena,
California
| – | -$3K | -1,600 | Closed |
|
|
CG
82
Cutler Group
San Francisco,
California
| – | -$1K | -700 | Closed |
|
83
Nisa Investment Advisors
St. Louis,
Missouri
| – | +$326 | +150 | New |
|
NRDY Hedge Fund Activity: Q4 2022 in Review
76 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q4 2022, worth a combined $144M — up 11% from $129M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NRDY and 9 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 25 added.
The largest buyer was Goldman Sachs, adding an estimated $8.34M. The largest seller was TPG GP A, cutting an estimated $3.26M.
- 76 institutional investors held Nerdy (NRDY) as of Q4 2022, down from 78 in Q3 2022.
- Funds reported $144M of Nerdy stock for Q4 2022, up 11% quarter-over-quarter.
- 9 funds opened new Nerdy positions in Q4 2022 and 10 closed out, a net change of -1 holder.
- The largest Nerdy buyer in Q4 2022 was Goldman Sachs, an estimated $8.34M added.
- The largest Nerdy seller in Q4 2022 was TPG GP A, an estimated $3.26M sold.
Based on aggregated 13F filings for Q4 2022.