Nerdwallet Inc-cl A (NRDS) — Who's Buying and Selling (13F, Q2 2026)

NRDS ranks #3654 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

NRDS is a top-conviction position for Topline Capital Management, LLC — at 7.9% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in NRDS belongs to California State Teachers Retirement System, but the position matters far more to Topline Capital Management, LLC, who has 7.9% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Hrt Financial LP has added to its NRDS position for two straight quarters, increasing it by $3.1M to reach $4.5M today.

Topline Capital Management, LLC has trimmed its NRDS position for two straight quarters, cutting it by $40.7M while still holding $30.4M.

NRDS is down 1% today, and institutions have been net sellers of $13.6M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

NRDS posted net income of $65.0M over the trailing twelve months, and currently trades at a P/E of 11.4.

• Profitable — net income of $65.0M over the trailing twelve months
• Revenue grew 11.5% year over year
• Net income improved year over year, from $47.1M to $65.0M
• Generated $131.6M in positive operating cash flow
• Current ratio of 3.45x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.23x equity — within a conventional range