Nextdoor Holdings
NXDR
132 hedge funds and large institutions have $247M invested in Nextdoor Holdings in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 28 reducing their positions, and 24 closing their positions.
345% more call options, than puts
Call options by funds: $476K | Put options by funds: $107K
61% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 28
27% more capital invested
Capital invested by funds: $194M → $247M (+$52.7M)
0.59% more ownership
Funds ownership: 56.53% → 57.12% (+0.59%)
4% less funds holding
Funds holding: 137 → 132 (-5)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$5.24M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.73M |
| 3 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$3.86M |
| 4 |
NAMA
Nikko Asset Management Americas
New York
|
+$3.85M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDC
Flight Deck Capital
San Francisco,
California
|
-$4.48M |
| 2 |
MCAV
Meritech Capital Associates V
Palo Alto,
California
|
-$4.2M |
| 3 |
TGM
Tenzing Global Management
San Francisco,
California
|
-$3.31M |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$1.9M |
| 5 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$1.45M |
NXDR Hedge Fund Activity: Q1 2024 in Review
132 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nextdoor Holdings (NXDR) for Q1 2024, worth a combined $247M — up 27% from $194M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NXDR and 20 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 45 added.
The largest buyer was Cannell Capital, opening a new position worth an estimated $5.24M. The largest seller was Flight Deck Capital, exiting entirely with an estimated $4.48M sold.
- 132 institutional investors held Nextdoor Holdings (NXDR) as of Q1 2024, down from 137 in Q4 2023.
- Funds reported $247M of Nextdoor Holdings stock for Q1 2024, up 27% quarter-over-quarter.
- 20 funds opened new Nextdoor Holdings positions in Q1 2024 and 24 closed out, a net change of -4 holders.
- The largest Nextdoor Holdings buyer in Q1 2024 was Cannell Capital, an estimated $5.24M added.
- The largest Nextdoor Holdings seller in Q1 2024 was Flight Deck Capital, an estimated $4.48M sold.
Based on aggregated 13F filings for Q1 2024.