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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
AB
76
Amalgamated Bank
New York
$32K -$3.01K -984 -11%
QCG
77
Quadrant Capital Group
Ohio
$28.1K +$8.93K +2,920 +77%
TRCT
78
Tower Research Capital (TRC)
New York
$26K +$4.79K +1,568 +34%
Nisa Investment Advisors
79
Nisa Investment Advisors
Missouri
$21K +$14.7K +4,820 +3,213%
AIP
80
Ameritas Investment Partners
Nebraska
$17K
Fidelity Investments
81
Fidelity Investments
Massachusetts
$9.27K +$5.21K +1,704 +332%
MLICM
82
Metropolitan Life Insurance Company (MetLife)
New York
$7.34K +$5.36K +1,755 New
Osaic Holdings
83
Osaic Holdings
Arizona
$4.6K +$3.06K +1,000 +1,000%
WTA
84
Washington Trust Advisors
Massachusetts
$3.82K
PFBT
85
Parkside Financial Bank & Trust
Missouri
$2.8K +$1.15K +375 +127%
BAM
86
Bellevue Asset Management
Washington
$1.38K +$1.01K +331 New
NECFA
87
New England Capital Financial Advisors
Connecticut
$360
Bank of Montreal
88
Bank of Montreal
Ontario, Canada
-$2.11M -932,416 Closed
ICM
89
Invenomic Capital Management
Massachusetts
-$1.75M -776,206 Closed
WCM
90
Wildcat Capital Management
New York
-$1.23M -547,800 Closed
XT
91
XTX Topco
Cayman Islands
-$48.1K -21,367 Closed
Marshall Wace
92
Marshall Wace
United Kingdom
-$38.7K -17,195 Closed
AWM
93
Activest Wealth Management
Florida
-$11.3K -5,000 Closed
Group One Trading
94
Group One Trading
Illinois
-$11K -3,588 Closed
Simplex Trading
95
Simplex Trading
Illinois
-$3.13K -1,025 Closed
Citigroup
96
Citigroup
New York
-$844 -375 Closed

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.