Nextdoor Holdings
NXDR
144 hedge funds and large institutions have $169M invested in Nextdoor Holdings in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 29 reducing their positions, and 20 closing their positions.
259% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $308K
69% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 29
1% less funds holding
Funds holding: 145 → 144 (-1)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
9.52% less ownership
Funds ownership: 62.03% → 52.51% (-9.5%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
47% less capital invested
Capital invested by funds: $321M → $169M (-$152M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$9.91M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.2M |
| 3 |
AG
Algert Global
San Francisco,
California
|
+$962K |
| 4 |
BlackRock
New York
|
+$853K |
| 5 |
Two Sigma Investments
New York
|
+$787K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IHG
Insight Holdings Group
New York
|
-$16.9M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$6.3M |
| 3 |
LCG
Luxor Capital Group
New York
|
-$5.72M |
| 4 |
Millennium Management
New York
|
-$3.48M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
151
Quantbot Technologies
New York
| – | -$52.4K | -16,061 | Closed |
|
152
Wolverine Trading
Chicago,
Illinois
| – | -$39K | -15,753 | Closed |
|
|
IA
153
IAM Advisory
Easton,
Pennsylvania
| – | -$50.2K | -15,413 | Closed |
|
154
Cerity Partners
New York
| – | -$48K | -14,715 | Closed |
|
155
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$27.2K | -8,355 | Closed |
|
|
PA
156
Parallel Advisors
San Francisco,
California
| – | -$11.4K | -3,500 | Closed |
|
|
PP
157
PrairieView Partners
St. Paul,
Minnesota
| – | -$6K | -2,000 | Closed |
|
158
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3.31K | -1,016 | Closed |
|
|
SPIA
159
Steward Partners Investment Advisory
New York
| – | -$3.26K | -1,000 | Closed |
|
160
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$652 | -200 | Closed |
|
|
VCM
161
Versant Capital Management
Phoenix,
Arizona
| – | -$313 | -96 | Closed |
|
162
Simplex Trading
Chicago,
Illinois
| – | +$280 | +113 | New |
|
NXDR Hedge Fund Activity: Q3 2023 in Review
144 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nextdoor Holdings (NXDR) for Q3 2023, worth a combined $169M — down 47% from $321M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NXDR and 19 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 49 added.
The largest buyer was Philosophy Capital Management, opening a new position worth an estimated $9.91M. The largest seller was Insight Holdings Group, exiting entirely with an estimated $16.9M sold.
- 144 institutional investors held Nextdoor Holdings (NXDR) as of Q3 2023, down from 145 in Q2 2023.
- Funds reported $169M of Nextdoor Holdings stock for Q3 2023, down 47% quarter-over-quarter.
- 19 funds opened new Nextdoor Holdings positions in Q3 2023 and 20 closed out, a net change of -1 holder.
- The largest Nextdoor Holdings buyer in Q3 2023 was Philosophy Capital Management, an estimated $9.91M added.
- The largest Nextdoor Holdings seller in Q3 2023 was Insight Holdings Group, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2023.