Nerdy
NRDY
81 hedge funds and large institutions have $398M invested in Nerdy in 2021 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 17 closing their positions.
194% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 17
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
62% more funds holding
Funds holding: 50 → 81 (+31)
25% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $8.52M
1.38% more ownership
Funds ownership: 5.68% → 7.06% (+1.4%)
39% less capital invested
Capital invested by funds: $652M → $398M (-$254M)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
+$116M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$32.3M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$23.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.2M |
| 5 |
CC
Clearline Capital
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$18M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$17.4M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$15.7M |
| 4 |
ECM
Element Capital Management
New York
|
-$11.1M |
| 5 |
HP
Hartree Partners
New York
|
-$11M |
NRDY Hedge Fund Activity: Q4 2021 in Review
81 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q4 2021, worth a combined $398M — down 39% from $652M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new NRDY positions and 17 closed out — a net gain of 33 holders — while 18 added to existing stakes and 11 trimmed.
The largest buyer was Technology Crossover Management VIII, adding an estimated $116M. The largest seller was Norges Bank, exiting entirely with an estimated $18M sold.
- 81 institutional investors held Nerdy (NRDY) as of Q4 2021, up from 50 in Q3 2021.
- Funds reported $398M of Nerdy stock for Q4 2021, down 39% quarter-over-quarter.
- 50 funds opened new Nerdy positions in Q4 2021 and 17 closed out, a net change of +33 holders.
- The largest Nerdy buyer in Q4 2021 was Technology Crossover Management VIII, an estimated $116M added.
- The largest Nerdy seller in Q4 2021 was Norges Bank, an estimated $18M sold.
Based on aggregated 13F filings for Q4 2021.