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NXDR

Nextdoor Holdings

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.

New
Increased
Maintained
Reduced
Closed

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: 137132 (-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: 52 (-3)

Holders
132
Holders Change
-5
Holders Change %
-3.65%
% of All Funds
1.9%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.03%
New
20
Increased
45
Reduced
28
Closed
24
Calls
$476K
Puts
$107K
Net Calls
+$369K
Net Calls Change
-$1.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$36.4M +$4.73M +2,529,694 +19%
NAMA
2
Nikko Asset Management Americas
New York
$26.3M +$3.85M +2,058,131 +21%
Sumitomo Mitsui Trust Group
3
Sumitomo Mitsui Trust Group
Japan
$26.3M +$3.85M +2,058,131 +21%
BlackRock
4
BlackRock
New York
$23.3M -$392K -209,763 -2%
AIM
5
ARK Investment Management
Florida
$22M -$1.9M -1,018,275 -9%
RM
6
Redpoint Management
California
$9.64M
PCM
7
Philosophy Capital Management
California
$8.28M -$1.45M -773,432 -17%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$7.41M +$145K +77,670 +2%
State Street
9
State Street
Massachusetts
$7.03M +$162K +86,498 +3%
CC
10
Cannell Capital
Wyoming
$6.3M +$5.24M +2,802,195 New
WCM
11
Westerly Capital Management
California
$6.19M +$2.34M +1,250,000 +83%
Alyeska Investment Group
12
Alyeska Investment Group
Illinois
$5.46M +$2.76M +1,476,849 +155%
PCR
13
Potrero Capital Research
California
$4.72M +$3.86M +2,065,165 +6,586%
DIG
14
Dragoneer Investment Group
California
$4.5M
QOP
15
Quinn Opportunity Partners
Virginia
$4.42M +$1.16M +620,372 +46%
Renaissance Technologies
16
Renaissance Technologies
New York
$3.63M -$718K -384,400 -19%
BCM
17
Bond Capital Management
California
$3.15M
Northern Trust
18
Northern Trust
Illinois
$3M +$34K +18,217 +1%
Capital World Investors
19
Capital World Investors
California
$2.96M
Charles Schwab
20
Charles Schwab
California
$2.71M +$98.9K +52,933 +5%
Two Sigma Investments
21
Two Sigma Investments
New York
$2.67M -$120K -64,216 -5%
Goldman Sachs
22
Goldman Sachs
New York
$2.15M +$106K +56,838 +6%
Millennium Management
23
Millennium Management
New York
$1.98M +$993K +531,457 +152%
Walleye Capital
24
Walleye Capital
New York
$1.58M +$1.31M +700,825 New
UBS Group
25
UBS Group
Switzerland
$1.42M +$878K +470,047 +293%

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.