Nextdoor Holdings, Inc. Class A Common Stock
NXDR
87 hedge funds and large institutions have $382M invested in Nextdoor Holdings, Inc. Class A Common Stock in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
92.09% more ownership
Funds ownership: 0% → 92.09% (+92%)
14% more funds holding
Funds holding: 76 → 87 (+11)
1% more capital inflows, than outflows
Capital inflows: $46.7M | Capital outflows: $46.1M
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fortress Investment Group
New York
|
+$7.36M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$5.57M |
| 3 |
SB Management
Abu Dhabi,
United Arab Emirates
|
+$5.05M |
| 4 |
Sculptor Capital
New York
|
+$4.43M |
| 5 |
Glazer Capital LLC
New York
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Soroban Capital Partners
New York
|
-$10.4M |
| 2 |
Schonfeld Strategic Advisors
New York
|
-$10.1M |
| 3 |
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$7.56M |
| 4 |
Citigroup
New York
|
-$3.96M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.8M |
NXDR Hedge Fund Activity: Q2 2021 in Review
87 of the 5,769 institutional investors tracked by Wall St. Rank reported a position in Nextdoor Holdings, Inc. Class A Common Stock (NXDR) for Q2 2021, worth a combined $382M — down 2% from $389M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NXDR positions and 4 closed out — a net gain of 11 holders — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $7.36M. The largest seller was Soroban Capital Partners, cutting an estimated $10.4M.
- 87 institutional investors held Nextdoor Holdings, Inc. Class A Common Stock (NXDR) as of Q2 2021, up from 76 in Q1 2021.
- Funds reported $382M of Nextdoor Holdings, Inc. Class A Common Stock stock for Q2 2021, down 2% quarter-over-quarter.
- 15 funds opened new Nextdoor Holdings, Inc. Class A Common Stock positions in Q2 2021 and 4 closed out, a net change of +11 holders.
- The largest Nextdoor Holdings, Inc. Class A Common Stock buyer in Q2 2021 was Fortress Investment Group, an estimated $7.36M added.
- The largest Nextdoor Holdings, Inc. Class A Common Stock seller in Q2 2021 was Soroban Capital Partners, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2021.