Nextdoor Holdings
NXDR
104 hedge funds and large institutions have $456M invested in Nextdoor Holdings in 2022 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 20 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
33% more call options, than puts
Call options by funds: $12.2M | Put options by funds: $9.12M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
9% more funds holding
Funds holding: 95 → 104 (+9)
8.15% more ownership
Funds ownership: 88.2% → 96.35% (+8.2%)
17% less capital invested
Capital invested by funds: $549M → $456M (-$93.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RM
Redpoint Management
Woodside,
California
|
+$26.1M |
| 2 |
NAMA
Nikko Asset Management Americas
New York
|
+$23.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$15.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$8.12M |
| 5 |
Goldman Sachs
New York
|
+$7.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$60.4M |
| 2 |
BAMCO Inc
New York
|
-$13.4M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$11.6M |
| 4 |
Tiger Global Management
New York
|
-$9.74M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$5.2M |
NXDR Hedge Fund Activity: Q1 2022 in Review
104 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nextdoor Holdings (NXDR) for Q1 2022, worth a combined $456M — down 17% from $549M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NXDR positions and 20 closed out — a net gain of 9 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Redpoint Management, opening a new position worth an estimated $26.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $60.4M.
- 104 institutional investors held Nextdoor Holdings (NXDR) as of Q1 2022, up from 95 in Q4 2021.
- Funds reported $456M of Nextdoor Holdings stock for Q1 2022, down 17% quarter-over-quarter.
- 29 funds opened new Nextdoor Holdings positions in Q1 2022 and 20 closed out, a net change of +9 holders.
- The largest Nextdoor Holdings buyer in Q1 2022 was Redpoint Management, an estimated $26.1M added.
- The largest Nextdoor Holdings seller in Q1 2022 was T. Rowe Price Associates, an estimated $60.4M sold.
Based on aggregated 13F filings for Q1 2022.