Nerdy
NRDY
102 hedge funds and large institutions have $271M invested in Nerdy in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 12 closing their positions.
3,349% more call options, than puts
Call options by funds: $4.69M | Put options by funds: $136K
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
82% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 22
17% more funds holding
Funds holding: 87 → 102 (+15)
1.11% more ownership
Funds ownership: 65.3% → 66.41% (+1.1%)
4% more capital invested
Capital invested by funds: $260M → $271M (+$11.6M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$6.19M |
| 2 |
BlackRock
New York
|
+$4.18M |
| 3 |
Millennium Management
New York
|
+$3.13M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
+$2.53M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$10.9M |
| 2 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
-$1.67M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$1.51M |
| 4 |
Goldman Sachs
New York
|
-$1.35M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.18M |
NRDY Hedge Fund Activity: Q2 2023 in Review
102 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q2 2023, worth a combined $271M — up 4.5% from $260M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NRDY positions and 12 closed out — a net gain of 15 holders — while 40 added to existing stakes and 22 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $6.19M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $10.9M sold.
- 102 institutional investors held Nerdy (NRDY) as of Q2 2023, up from 87 in Q1 2023.
- Funds reported $271M of Nerdy stock for Q2 2023, up 4.5% quarter-over-quarter.
- 27 funds opened new Nerdy positions in Q2 2023 and 12 closed out, a net change of +15 holders.
- The largest Nerdy buyer in Q2 2023 was Portolan Capital Management, an estimated $6.19M added.
- The largest Nerdy seller in Q2 2023 was Rubric Capital Management (New York), an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2023.