Nerdy
NRDY
90 hedge funds and large institutions have $45.6M invested in Nerdy in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 21 closing their positions.
124% more call options, than puts
Call options by funds: $101K | Put options by funds: $45K
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
2% more funds holding
Funds holding: 88 → 90 (+2)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
23.25% less ownership
Funds ownership: 64.27% → 41.02% (-23%)
61% less capital invested
Capital invested by funds: $117M → $45.6M (-$71.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.38M |
| 2 |
RWM
Ritholtz Wealth Management
New York
|
+$1.13M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$382K |
| 4 |
BlackRock
New York
|
+$322K |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenvale Capital
London,
United Kingdom
|
-$15M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$7.96M |
| 3 |
Goldman Sachs
New York
|
-$5.85M |
| 4 |
Morgan Stanley
New York
|
-$4.76M |
| 5 |
CC
Clearline Capital
New York
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Walleye Capital
New York
| – | -$106K | -63,752 | Closed |
|
|
BHCM
102
Brevan Howard Capital Management
St. Helier,
Jersey
| – | -$65.8K | -39,426 | Closed |
|
|
PCM
103
Portolan Capital Management
Boston,
Massachusetts
| – | -$53.6K | -32,100 | Closed |
|
|
NC
104
nVerses Capital
Wellington,
Florida
| – | -$34.2K | -20,500 | Closed |
|
105
Two Sigma Advisers
New York
| – | -$31.9K | -19,100 | Closed |
|
|
LSA
106
Leonteq Securities AG
Zurich,
Switzerland
| – | -$23.4K | -14,000 | Closed |
|
|
PD
107
Point72 (DIFC)
Dubai,
United Arab Emirates
| – | -$8.12K | -4,865 | Closed |
|
|
PFBT
108
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$2.58K | -1,543 | Closed |
|
|
MG
109
Mather Group
Chicago,
Illinois
| – | -$967 | -332 | Closed |
|
|
GI
110
Gradient Investments
Arden Hills,
Minnesota
| – | -$84 | -50 | Closed |
|
111
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$291 | +227 | +284% |
|
NRDY Hedge Fund Activity: Q3 2024 in Review
90 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q3 2024, worth a combined $45.6M — down 61% from $117M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NRDY positions and 21 closed out — a net gain of 3 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $2.38M. The largest seller was Greenvale Capital, exiting entirely with an estimated $15M sold.
- 90 institutional investors held Nerdy (NRDY) as of Q3 2024, up from 88 in Q2 2024.
- Funds reported $45.6M of Nerdy stock for Q3 2024, down 61% quarter-over-quarter.
- 24 funds opened new Nerdy positions in Q3 2024 and 21 closed out, a net change of +3 holders.
- The largest Nerdy buyer in Q3 2024 was Renaissance Technologies, an estimated $2.38M added.
- The largest Nerdy seller in Q3 2024 was Greenvale Capital, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2024.