NerdWallet, Inc. logo

NerdWallet, Inc.

NRDSNASDAQ

NerdWallet, Inc. is a financial - credit services company in the financial services sector on NASDAQ, led by Tim Chen, with a market cap of $1.0B. As of Q3 2025, 37% of shares are held by 143 institutional investors, with Topline Capital Management, LLC as the largest holder at 6.91%.

Chief Executive OfficerTim Chen
Market Cap$1.0B
Financial - Credit Services
Financial Services
Employees730.0
Country
United States of America

Overview

Overview of institutional ownership in NRDS as of Q3 2025 with a market cap of $817.8M

All Institutions

Institutions
143
Value Held
$299.7M
Shares Held
27.9M
Avg Position
$2.1M
Median Position
$275.7K

Hedge Funds

Hedge Funds
23
Value Held
$113.4M
Shares Held
10.5M
Avg Position
$4.9M
Median Position
$435.2K

Ownership Breakdown

Institutional (non-HF): 22.79%Institutional (non-HF)Hedge Funds: 13.87%Hedge FundsRetail & Other: 63.35%Retail & Other
Institutional (non-HF)
22.79%
$186.4M
Hedge Funds
13.87%
$113.4M
Retail & Other
63.35%
$518.0M

Based on market cap of $817.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NRDS as of Q3 2025

InstitutionPosition Value
Topline Capital Management, LLC logo
Topline Capital Management, LLC
Hedge FundLong/Short
$56.5M
10.79% of portfolio
$43.0M
0.00% of portfolio
B
BlackRock, Inc.
Institution
$32.7M
0.00% of portfolio
$12.2M
0.01% of portfolio
$12.0M
0.00% of portfolio
Quinn Opportunity Partners LLC logo
Quinn Opportunity Partners LLC
Hedge FundEvent Driven
$11.7M
0.85% of portfolio
$10.1M
0.00% of portfolio
$9.6M
0.00% of portfolio
$9.6M
0.03% of portfolio
$7.8M
0.01% of portfolio

Net Capital Flow

Institutional buying and selling activity for NRDS in Q3 2025

Traded
+$10.4M
Buyers
78
Sellers
62
Total Bought
+$30.8M
Total Sold
$20.4M
Avg Position
$1.8M

Biggest Buyers

InstitutionNet Bought
NFJ INVESTMENT GROUP, LLC logo
NFJ INVESTMENT GROUP, LLC
Long Only Manager
+$2.8M
+264.5K shares
TUDOR INVESTMENT CORP ET AL logo
TUDOR INVESTMENT CORP ET AL
Hedge FundMulti-Strategy
+$2.8M
+261.3K shares
+$2.5M
+234.7K shares
Trexquant Investment LP logo
Trexquant Investment LP
Hedge FundQuant
+$2.2M
+207.7K shares
+$1.7M
+155.0K shares
UBS Group AG logo
UBS Group AG
Institution
+$1.7M
+154.1K shares
+$1.5M
+141.7K shares
ALLIANCEBERNSTEIN L.P. logo
ALLIANCEBERNSTEIN L.P.
Long Only Manager
+$1.5M
+138.7K shares
B
BlackRock, Inc.
Institution
+$1.3M
+124.9K shares
+$1.3M
+120.7K shares

Biggest Sellers

InstitutionNet Sold
K
Kent Lake PR LLC
Hedge FundLong/Short
$3.0M
275.0K shares
MORGAN STANLEY logo
MORGAN STANLEY
RIA/Wealth
$1.9M
178.9K shares
$1.7M
158.6K shares
$1.2M
108.2K shares
AQR CAPITAL MANAGEMENT LLC logo
AQR CAPITAL MANAGEMENT LLC
Hedge FundMulti-Strategy
$1.1M
103.7K shares
Walleye Trading Advisors, LLC logo
Walleye Trading Advisors, LLC
Hedge FundMulti-Strategy
$948.1K
86.4K shares
$826.2K
76.8K shares
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
$788.7K
73.3K shares
Engineers Gate Manager LP logo
Engineers Gate Manager LP
Hedge FundQuant
$646.6K
58.9K shares
$638.8K
59.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited NRDS in Q3 2025

New Positions
15
New Value
$5.2M
Exited Positions
23
Exited Value
$9.8M

New Positions

InstitutionPosition Value
NFJ INVESTMENT GROUP, LLC logo
NFJ INVESTMENT GROUP, LLC
Long Only Manager
$2.8M
264.5K shares
$895.1K
83.2K shares
$275.7K
25.6K shares
CAZ INVESTMENTS LP logo
CAZ INVESTMENTS LP
Fund of Funds
$229.4K
21.3K shares
$215.2K
20.0K shares
$186.8K
17.3K shares
$146.3K
13.6K shares
$126.4K
11.8K shares
Quantinno Capital Management LP logo
Quantinno Capital Management LP
Hedge FundMarket Neutral
$121.0K
11.2K shares
P
Polymer Capital Management LLC
Hedge FundMulti-Strategy
$111.0K
10.3K shares

Exited Positions

InstitutionPrevious Position
K
Kent Lake PR LLC
Hedge FundLong/Short
$3.0M
275.0K shares
$1.7M
158.6K shares
Walleye Trading Advisors, LLC logo
Walleye Trading Advisors, LLC
Hedge FundMulti-Strategy
$948.1K
86.4K shares
Engineers Gate Manager LP logo
Engineers Gate Manager LP
Hedge FundQuant
$646.6K
58.9K shares
$414.5K
37.8K shares
ExodusPoint Capital Management, LP logo
ExodusPoint Capital Management, LP
Hedge FundMulti-Strategy
$407.6K
37.2K shares
$397.6K
36.2K shares
Quantbot Technologies LLC logo
Quantbot Technologies LLC
Hedge FundQuant
$284.3K
25.9K shares
Centiva Capital, LP logo
Centiva Capital, LP
Hedge FundMulti-Strategy
$265.6K
24.2K shares
Magnetar Financial LLC logo
Magnetar Financial LLC
Hedge FundMulti-Strategy
$255.9K
23.3K shares

Options Activity

Institutions with the largest Call and Put options positions in NRDS as of Q3 2025

Call Positions
5
Call Value
$2.0M
Put Positions
4
Put Value
$625.5K

Call Positions

InstitutionPosition Value
$768.3K
714.0 contracts
P
PEAK6 LLC
Institution
$732.8K
681.0 contracts
$270.1K
251.0 contracts
$200.1K
186.0 contracts
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
-
- contracts

Put Positions

InstitutionPosition Value
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
$507.9K
472.0 contracts
$113.3K
103.0 contracts
$4.3K
4.0 contracts
-
- contracts

Most Committed Institutions

Institutions with NRDS as the highest % of their portfolio as of Q3 2025

InstitutionPortfolio Weight
Topline Capital Management, LLC logo
Topline Capital Management, LLC
Hedge FundLong/Short
10.79%
$56.5M
Quinn Opportunity Partners LLC logo
Quinn Opportunity Partners LLC
Hedge FundEvent Driven
0.85%
$11.7M
CAZ INVESTMENTS LP logo
CAZ INVESTMENTS LP
Fund of Funds
0.43%
$229.4K
0.17%
$119.4K
PDT Partners, LLC logo
PDT Partners, LLC
Hedge FundQuant
0.12%
$1.8M
S
Steamboat Capital Partners, LLC
Hedge FundLong/Short
0.11%
$438.8K
0.11%
$396.5K
0.10%
$1.9M
NFJ INVESTMENT GROUP, LLC logo
NFJ INVESTMENT GROUP, LLC
Long Only Manager
0.10%
$2.8M
0.09%
$539.1K

Hedge Fund Spotlight

Discover hedge funds investing in NRDS

Trexquant Investment LP logo
Trexquant Investment LP
Hedge FundQuant
Portfolio ManagerTaesoon (Tyger) Park
Portfolio Value
$9.7B
Positions
1,540
Last Reported
Q3 2025
AddressStamford, CT
Sector Allocation
Technology: 24.10%TechnologyIndustrials: 12.80%IndustrialsConsumer Cyclical: 12.70%Consumer CyclicalFinancial Services: 12.40%Financial ServicesHealthcare: 10.70%HealthcareConsumer Defensive: 6.40%Communication Services: 4.70%Energy: 4.40%Basic Materials: 3.40%Utilities: 2.80%Real Estate: 0.40%ETF: 0.20%
NerdWallet, Inc. logo

Position in NerdWallet, Inc.

Market Value
$4.9M
Shares Held
459.0K
Portfolio Weight
0.05%
Owned Since
2023-Q1
Top HoldingSectorMarket ValueWeight
1
Nvidia logo
Nvidia
NVDA
Semiconductors
Technology
$233.6M2.41%
Software - Infrastructure
Technology
$138.5M1.43%
Discount Stores
Consumer Defensive
$122.3M1.26%

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