Nerdy
NRDY
114 hedge funds and large institutions have $233M invested in Nerdy in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 31 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
31% more call options, than puts
Call options by funds: $177K | Put options by funds: $135K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.03% less ownership
Funds ownership: 4.37% → 4.34% (-0.03%)
5% less capital invested
Capital invested by funds: $245M → $233M (-$12M)
12% less funds holding
Funds holding: 130 → 114 (-16)
48% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$5.04M |
| 3 |
2C
272 Capital
Dallas,
Texas
|
+$1.4M |
| 4 |
BlackRock
New York
|
+$1.14M |
| 5 |
Millennium Management
New York
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$8.61M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$4.46M |
| 3 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$2.03M |
| 4 |
SAM
Soviero Asset Management
New York
|
-$1.21M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.05M |
NRDY Hedge Fund Activity: Q4 2023 in Review
114 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q4 2023, worth a combined $233M — down 4.9% from $245M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of NRDY and 16 opened new positions — a net loss of 15 holders — while 28 trimmed existing stakes and 43 added.
The largest buyer was Morgan Stanley, adding an estimated $11M. The largest seller was Light Street Capital Management, cutting an estimated $8.61M.
- 114 institutional investors held Nerdy (NRDY) as of Q4 2023, down from 130 in Q3 2023.
- Funds reported $233M of Nerdy stock for Q4 2023, down 4.9% quarter-over-quarter.
- 16 funds opened new Nerdy positions in Q4 2023 and 31 closed out, a net change of -15 holders.
- The largest Nerdy buyer in Q4 2023 was Morgan Stanley, an estimated $11M added.
- The largest Nerdy seller in Q4 2023 was Light Street Capital Management, an estimated $8.61M sold.
Based on aggregated 13F filings for Q4 2023.