Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nerdwallet Inc (NRDS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — NRDS

Based on 157 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NRDS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
157 hedge funds hold NRDS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+22 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

95 buying89 selling
Last quarter: 95 funds bought or added vs 89 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~38 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 27 → 29 → 34 → 38. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 38% long-term, 30% new

■ 38% conviction (2yr+) ■ 32% medium ■ 30% new
Of the 157 current holders: 59 (38%) held >2 years, 51 held 1–2 years, and 47 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.
💎

Buying through price weakness — shares +3%, value -21%

Value
-20%
Shares
+2%
Last quarter: funds added +3% more shares while total portfolio value only changed -21%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

36 → 27 → 29 → 34 → 38 new funds/Q
New funds entering each quarter: 27 → 29 → 34 → 38. A growing number of institutions are discovering NRDS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 51% veterans vs 34% newcomers

■ 51% veterans ■ 15% 1-2yr ■ 34% new
Entry-cohort mix of 162 holders: 82 (51%) are 2+ year veterans, 25 entered 1–2 years ago, and 55 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
45 of 157 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in NRDS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — NRDS

In 2026 Q1, 95 hedge funds were net buyers of NRDS (38 opened a new position, 57 added to an existing one), while 89 reduced or exited (49 trimmed, 40 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 48% of total institutional value in NRDS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 157.

Hedge Fund Ownership: NRDS

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

Market Analysis: NRDS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NRDS

-- --

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

Is It Too Late to Buy Nerdwallet Inc (NRDS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NRDS has moved relative to its sector benchmark (XLC) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 47d ago
NRDS
+6.4%
XLC
+5.4%

NRDS outperformed XLC by +1.0% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 2d ago
NRDS
+0.0%
XLC
+0.0%

Since the filing became public, NRDS outperformed XLC by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

18 top-rated funds 1 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: NRDS
2026 Q2 Stats Unlock in 3 days 156 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 156 158 -1.27%
13F Shares 31M 30M 2.71%
Total Value $319M $402M -20.72%
New Positions 37 33 +4
Increased Positions 56 60 -4
Closed Positions 39 20 +19
Reduced Positions 47 49 -2
Total Calls 2 4 -50.0%
Total Puts 3 1 200.0%
PUT/CALL Ratio 1.5 0.25 Bearish

Statistics: NRDS

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

156 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 NRDS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Topline Capital Management, LLC 7.89% 3,289,285 $30.4M
2 Quinn Opportunity Partners LLC 0.45% 1,052,114 $9.7M
3 Rangeley Capital, LLC 0.20% 23,300 $216K
4 Winmill & CO. Inc 0.14% 70,000 $648K
5 OP Asset Management Ltd 0.05% 468,194 $4.3M
6 Bridgeway Capital Management, LLC 0.04% 257,136 $2.4M
7 Jacobs Levy Equity Management, Inc 0.03% 1,034,562 $9.6M
8 State of Wyoming 0.03% 27,007 $250K
9 Susquehanna Fundamental Investments, LLC 0.02% 114,994 $1.1M
10 Trexquant Investment LP 0.02% 339,017 $3.1M
11 XTX Topco Ltd 0.02% 149,428 $1.4M
12 Aquatic Capital Management LLC 0.02% 47,658 $441K
13 Caxton Associates LLP 0.01% 59,147 $547K
14 Campbell & CO Investment Adviser LLC 0.01% 20,786 $192K
15 Hrt Financial LP 0.01% 489,854 $4.5M
16 Los Angeles Capital Management LLC 0.01% 225,937 $2.1M
17 Arrowstreet Capital, Limited Partnership 0.01% 1,770,333 $16.4M
18 Hurley Capital, LLC 0.01% 1,470 $14K
19 Renaissance Technologies LLC 0.01% 527,000 $4.9M
20 Allstate Corp 0.01% 71,345 $660K
21 Entropy Technologies, LP 0.01% 17,314 $160K
22 Vident Advisory, LLC 0.00% 70,165 $649K
23 Caitong International Asset Management Co., Ltd 0.00% 3,561 $33K
24 State of Wisconsin Investment Board 0.00% 229,958 $2.1M
25 Connor, Clark & Lunn Investment Management Ltd. 0.00% 225,650 $2.1M
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 — Nerdwallet Inc (NRDS)

What does the Smart Money Trend signal show for NRDS?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NRDS 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 NRDS?

Slight buying edge — 52% buying: Last quarter: 95 funds bought or added vs 89 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NRDS holders?

Elite ownership — 48% AUM from top-100 funds: 45 of 157 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in NRDS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NRDS?

Mixed — 38% long-term, 30% new: Of the 157 current holders: 59 (38%) held >2 years, 51 held 1–2 years, and 47 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.

Is it too late to buy Nerdwallet Inc (NRDS) following the 2026 Q2 hedge fund 13F filings?

As of today, NRDS has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLC sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), NRDS has gained +6.4% vs +5.4% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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