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111 hedge funds and large institutions have $201M invested in Nerdy in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 39 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 114111 (-3)

4.04% less ownership

Funds ownership: 68.65%64.61% (-4%)

17% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 18

18% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 39

18% less capital invested

Capital invested by funds: $246M → $201M (-$44.5M)

26% less call options, than puts

Call options by funds: $100K | Put options by funds: $135K

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
111
Holders Change
-3
Holders Change %
-2.63%
% of All Funds
1.6%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
15
Increased
32
Reduced
39
Closed
18
Calls
$100K
Puts
$135K
Net Calls
-$35K
Net Calls Change
-$77K
Name Holding Trade Value Shares
Change
Change in
Stake
TGA
1
TPG GP A
Texas
$30.8M
GC
2
Greenvale Capital
United Kingdom
$24.7M
DCM
3
Divisar Capital Management
California
$15.9M +$11.7M +3,810,767 +232%
BlackRock
4
BlackRock
New York
$12.8M -$14.4K -4,683 -0.1%
Franklin Resources
5
Franklin Resources
California
$11.9M -$499K -161,893 -4%
TCMV
6
Technology Crossover Management VIII
California
$11.5M
Morgan Stanley
7
Morgan Stanley
New York
$11.5M -$10.7M -3,479,455 -47%
Goldman Sachs
8
Goldman Sachs
New York
$10.7M -$52.8K -17,142 -0.5%
Vanguard Group
9
Vanguard Group
Pennsylvania
$9.03M +$274K +88,771 +3%
PCM
10
Portolan Capital Management
Massachusetts
$8.5M +$2.07M +670,758 +30%
Marshall Wace
11
Marshall Wace
United Kingdom
$5.05M +$1.04M +336,667 +24%
N
12
Nuveen
North Carolina
$4.52M +$260K +84,190 +6%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$4.18M +$256K +83,138 +6%
CC
14
Clearline Capital
New York
$4M +$483K +156,758 +13%
State Street
15
State Street
Massachusetts
$3.55M +$152K +49,191 +4%
CS
16
Credit Suisse
Switzerland
$3.26M -$844K -273,870 -20%
Deutsche Bank
17
Deutsche Bank
Germany
$2.94M +$3.03M +984,269 +3,772%
KLC
18
Kent Lake Capital
Nevada
$2.91M -$4.93M -1,600,000 -62%
AACR
19
ACR Alpine Capital Research
Missouri
$2.77M +$398K +129,090 +16%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
20
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$1.75M
LSCM
21
Light Street Capital Management
California
$1.72M +$538K +174,377 +42%
2C
22
272 Capital
Texas
$1.72M +$416K +135,000 +30%
Northern Trust
23
Northern Trust
Illinois
$1.64M +$12.3K +3,986 +0.7%
Squarepoint
24
Squarepoint
New York
$1.41M -$265K -86,076 -15%
Millennium Management
25
Millennium Management
New York
$1.13M +$235K +76,341 +24%

NRDY Hedge Fund Activity: Q1 2024 in Review

111 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q1 2024, worth a combined $201M — down 18% from $246M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of NRDY and 15 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 32 added.

The largest buyer was Divisar Capital Management, adding an estimated $11.7M. The largest seller was Morgan Stanley, cutting an estimated $10.7M.

  • 111 institutional investors held Nerdy (NRDY) as of Q1 2024, down from 114 in Q4 2023.
  • Funds reported $201M of Nerdy stock for Q1 2024, down 18% quarter-over-quarter.
  • 15 funds opened new Nerdy positions in Q1 2024 and 18 closed out, a net change of -3 holders.
  • The largest Nerdy buyer in Q1 2024 was Divisar Capital Management, an estimated $11.7M added.
  • The largest Nerdy seller in Q1 2024 was Morgan Stanley, an estimated $10.7M sold.

Based on aggregated 13F filings for Q1 2024.