Nerdy
NRDY
88 hedge funds and large institutions have $117M invested in Nerdy in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 16 reducing their positions, and 33 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 16
19% more call options, than puts
Call options by funds: $75K | Put options by funds: $63K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.02% less ownership
Funds ownership: 4.31% → 4.28% (-0.02%)
20% less funds holding
Funds holding: 110 → 88 (-22)
42% less capital invested
Capital invested by funds: $201M → $117M (-$84.3M)
64% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.75M |
| 2 |
Millennium Management
New York
|
+$3.27M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.13M |
| 4 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$1.89M |
| 5 |
GC
Greenvale Capital
London,
United Kingdom
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.35M |
| 2 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$2.91M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$1.73M |
| 4 |
2C
272 Capital
Dallas,
Texas
|
-$1.72M |
| 5 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$1.51M |
NRDY Hedge Fund Activity: Q2 2024 in Review
88 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Nerdy (NRDY) for Q2 2024, worth a combined $117M — down 42% from $201M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of NRDY and 12 opened new positions — a net loss of 21 holders — while 16 trimmed existing stakes and 36 added.
The largest buyer was Goldman Sachs, adding an estimated $7.75M. The largest seller was Portolan Capital Management, cutting an estimated $6.35M.
- 88 institutional investors held Nerdy (NRDY) as of Q2 2024, down from 110 in Q1 2024.
- Funds reported $117M of Nerdy stock for Q2 2024, down 42% quarter-over-quarter.
- 12 funds opened new Nerdy positions in Q2 2024 and 33 closed out, a net change of -21 holders.
- The largest Nerdy buyer in Q2 2024 was Goldman Sachs, an estimated $7.75M added.
- The largest Nerdy seller in Q2 2024 was Portolan Capital Management, an estimated $6.35M sold.
Based on aggregated 13F filings for Q2 2024.