Nerdy
NRDY
130 hedge funds and large institutions have $245M invested in Nerdy in 2023 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 41 increasing their positions, 30 reducing their positions, and 7 closing their positions.
414% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 7
192% more call options, than puts
Call options by funds: $415K | Put options by funds: $142K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 30
27% more funds holding
Funds holding: 102 → 130 (+28)
0.88% less ownership
Funds ownership: 66.41% → 65.54% (-0.88%)
10% less capital invested
Capital invested by funds: $271M → $245M (-$26.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$4.22M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.73M |
| 3 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$3.2M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$2.8M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.38M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$5.84M |
| 3 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$4.89M |
| 4 |
Millennium Management
New York
|
-$3.61M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$865K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
126
Bellevue Asset Management
Bellevue,
Washington
| $1.22K | – | – | – |
|
|
LAM
127
L2 Asset Management
Wayland,
Massachusetts
| $759 | +$197K | +45,354 | New |
|
|
NECFA
128
New England Capital Financial Advisors
Meriden,
Connecticut
| $319 | – | – | – |
|
129
Osaic Holdings
Scottsdale,
Arizona
| $185 | -$217 | -50 | -50% |
|
|
S
130
SignatureFD
Atlanta,
Georgia
| $181 | – | – | – |
|
131
Citigroup
New York
| $107 | -$76.4K | -17,623 | -100% |
|
|
DSCM
132
Divisadero Street Capital Management
Miami,
Florida
| – | -$5.84M | -1,400,000 | Closed |
|
133
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$796K | -191,006 | Closed |
|
134
Verition Fund Management
Greenwich,
Connecticut
| – | -$104K | -25,053 | Closed |
|
|
SSA
135
Schonfeld Strategic Advisors
New York
| – | -$85.9K | -20,600 | Closed |
|
136
Belvedere Trading
Chicago,
Illinois
| – | -$71.2K | -17,082 | Closed |
|
137
SG Americas Securities
New York
| – | -$55K | -13,205 | Closed |
|
138
Russell Investments Group
London,
United Kingdom
| – | -$27.1K | -6,500 | Closed |
|
NRDY Hedge Fund Activity: Q3 2023 in Review
130 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q3 2023, worth a combined $245M — down 9.7% from $271M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NRDY positions and 7 closed out — a net gain of 29 holders — while 41 added to existing stakes and 30 trimmed.
The largest buyer was Marshall Wace, adding an estimated $4.22M. The largest seller was Goldman Sachs, cutting an estimated $7.38M.
- 130 institutional investors held Nerdy (NRDY) as of Q3 2023, up from 102 in Q2 2023.
- Funds reported $245M of Nerdy stock for Q3 2023, down 9.7% quarter-over-quarter.
- 36 funds opened new Nerdy positions in Q3 2023 and 7 closed out, a net change of +29 holders.
- The largest Nerdy buyer in Q3 2023 was Marshall Wace, an estimated $4.22M added.
- The largest Nerdy seller in Q3 2023 was Goldman Sachs, an estimated $7.38M sold.
Based on aggregated 13F filings for Q3 2023.