Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nerdy Inc (NRDY)

80 + Investors. Track Smart Money conviction in NRDY. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
2Q ▼
Buyers last Q
46%

Smart Money Signals — NRDY

Based on 80 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their NRDY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 66% of 3.0Y high

66% of all-time peak
Only 80 funds hold NRDY today versus a peak of 122 funds at 2023 Q3 — just 66% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 10% fewer funds vs a year ago

fund count last 6Q
9 fewer hedge funds hold NRDY compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

48 buying57 selling
Last quarter: 57 funds reduced or exited vs 48 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~24 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 24 → 21 → 24. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 38% long-term, 39% new

■ 38% conviction (2yr+) ■ 24% medium ■ 39% new
Of the 80 current holders: 30 (38%) held >2 years, 19 held 1–2 years, and 31 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📈

Growing discovery — still being found

13 → 9 → 24 → 21 → 24 new funds/Q
New funds entering each quarter: 9 → 24 → 21 → 24. A growing number of institutions are discovering NRDY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 48% veterans vs 41% newcomers

■ 48% veterans ■ 11% 1-2yr ■ 41% new
Entry-cohort mix of 83 holders: 40 (48%) are 2+ year veterans, 9 entered 1–2 years ago, and 34 (41%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
22 of 80 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.5
out of 10
Low Exit Risk
Exit risk score 2.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NRDY

In 2026 Q2, 48 hedge funds were net buyers of NRDY (24 opened a new position, 24 added to an existing one), while 57 reduced or exited (24 trimmed, 33 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 29% of total institutional value in NRDY is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 80.

Hedge Fund Ownership: NRDY

How many hedge funds hold NRDY — quarterly history vs. share price
Quarterly hedge fund ownership of NRDY vs. share price

Market Analysis: NRDY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NRDY

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: NRDY
80 + Investors

Track Smart Money conviction in NRDY. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 80 89 -10.11%
13F Shares 16M 22M -28.92%
Total Value $14M $18M -22.32%
New Positions 24 21 +3
Increased Positions 22 27 -5
Closed Positions 33 23 +10
Reduced Positions 23 26 -3
Total Calls 3 3 -
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.33 Bullish

Statistics: NRDY

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

80 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NRDY. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NRDY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Technology Crossover Management VIII, Ltd. 1.05% 3,949,791 $3.6M
2 Silver Rock Financial LP 0.03% 17,668 $16K
3 Ground Swell Capital, LLC 0.03% 31,618 $29K
4 RBF Capital, LLC 0.03% 768,988 $704K
5 Thompson Davis & CO., INC. 0.02% 40,000 $37K
6 Moneta Group Investment Advisors LLC 0.01% 1,029,701 $943K
7 Crewe Advisors LLC 0.01% 102,108 $94K
8 Cutter & CO Brokerage, Inc. 0.00% 11,000 $16K
9 Bridgeway Capital Management, LLC 0.00% 187,700 $172K
10 XTX Topco Ltd 0.00% 124,093 $114K
11 Ieq Capital, LLC 0.00% 138,361 $127K
12 Medallion Wealth Advisors, LLC 0.00% 1,967 $2K
13 Tower Research Capital LLC (TRC) 0.00% 23,222 $21K
14 Essential Partners LLC 0.00% 833 —
15 Pallas Capital Advisors LLC 0.00% 10,082 $9K
16 Aqr Capital Management LLC 0.00% 878,617 $805K
17 Engineers Gate Manager LP 0.00% 22,859 $21K
18 Kestra Private Wealth Services, LLC 0.00% 23,600 $22K
19 Brighton Jones LLC 0.00% 12,471 $11K
20 Millennium Management LLC 0.00% 499,158 $457K
21 Arax Advisory Partners 0.00% 26,476 $24K
22 Point72 Asset Management, L.P. 0.00% 148,679 $136K
23 Physician Wealth Advisors, Inc. 0.00% 1,244 $1K
24 Renaissance Technologies LLC 0.00% 93,000 $85K
25 Marshall Wace, LLP 0.00% 149,847 $138K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nerdy Inc (NRDY)

What does the Smart Money Trend signal show for NRDY?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their NRDY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NRDY?

More sellers than buyers — 46% buying: Last quarter: 57 funds reduced or exited vs 48 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NRDY holders?

Strong quality — 29% AUM from major funds: 22 of 80 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NRDY?

Mixed — 38% long-term, 39% new: Of the 80 current holders: 30 (38%) held >2 years, 19 held 1–2 years, and 31 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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