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111 hedge funds and large institutions have $201M invested in Nerdy in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 39 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 114111 (-3)

4.04% less ownership

Funds ownership: 68.65%64.61% (-4%)

17% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 18

18% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 39

18% less capital invested

Capital invested by funds: $246M → $201M (-$44.5M)

26% less call options, than puts

Call options by funds: $100K | Put options by funds: $135K

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
111
Holders Change
-3
Holders Change %
-2.63%
% of All Funds
1.6%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
15
Increased
32
Reduced
39
Closed
18
Calls
$100K
Puts
$135K
Net Calls
-$35K
Net Calls Change
-$77K
Name Holding Trade Value Shares
Change
Change in
Stake
ProShare Advisors
76
ProShare Advisors
Maryland
$33.9K +$3.99K +1,294 +12%
Bank of America
77
Bank of America
North Carolina
$33.4K -$133K -43,098 -79%
CCB
78
Cutter & Co Brokerage
Missouri
$32K
FFP
79
FourThought Financial Partners
Florida
$32K
Citigroup
80
Citigroup
New York
$31.1K +$6.24K +2,023 +23%
MSAM
81
Moloney Securities Asset Management
Missouri
$29.9K
BHCM
82
Brevan Howard Capital Management
Jersey
$29.7K +$31.5K +10,216 New
New York State Common Retirement Fund
83
New York State Common Retirement Fund
New York
$28K
Simplex Trading
84
Simplex Trading
Illinois
$26K -$20.3K -6,570 -42%
Royal Bank of Canada
85
Royal Bank of Canada
Ontario, Canada
$21K -$60.4K -19,585 -73%
Legal & General Group
86
Legal & General Group
United Kingdom
$20K
QCG
87
Quadrant Capital Group
Ohio
$19.6K
California State Teachers Retirement System (CalSTRS)
88
California State Teachers Retirement System (CalSTRS)
California
$19K -$11.6K -3,778 -37%
Group One Trading
89
Group One Trading
Illinois
$14.4K -$19.7K -6,378 -56%
AIP
90
Ameritas Investment Partners
Nebraska
$11.8K
RFA
91
Register Financial Advisors
Georgia
$11.6K +$12.3K +4,000 New
NA
92
NewEdge Advisors
Louisiana
$7.28K +$7.71K +2,500 New
Osaic Holdings
93
Osaic Holdings
Arizona
$7.13K +$5.98K +1,940 +380%
Fidelity Investments
94
Fidelity Investments
Massachusetts
$6.9K +$4.17K +1,353 +133%
VAG
95
VisionPoint Advisory Group
Texas
$5.82K +$6.17K +2,000 New
TRCT
96
Tower Research Capital (TRC)
New York
$5.46K -$40.6K -13,174 -88%
AB
97
Amalgamated Bank
New York
$5K -$19.7K -6,392 -77%
PFBT
98
Parkside Financial Bank & Trust
Missouri
$4.49K -$3.61K -1,170 -43%
MLICM
99
Metropolitan Life Insurance Company (MetLife)
New York
$3.99K -$6.19K -2,007 -59%
Comerica Bank
100
Comerica Bank
Texas
$3.7K

NRDY Hedge Fund Activity: Q1 2024 in Review

111 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q1 2024, worth a combined $201M — down 18% from $246M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of NRDY and 15 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 32 added.

The largest buyer was Divisar Capital Management, adding an estimated $11.7M. The largest seller was Morgan Stanley, cutting an estimated $10.7M.

  • 111 institutional investors held Nerdy (NRDY) as of Q1 2024, down from 114 in Q4 2023.
  • Funds reported $201M of Nerdy stock for Q1 2024, down 18% quarter-over-quarter.
  • 15 funds opened new Nerdy positions in Q1 2024 and 18 closed out, a net change of -3 holders.
  • The largest Nerdy buyer in Q1 2024 was Divisar Capital Management, an estimated $11.7M added.
  • The largest Nerdy seller in Q1 2024 was Morgan Stanley, an estimated $10.7M sold.

Based on aggregated 13F filings for Q1 2024.