NerdWallet Inc reported a 5.2% stake held by Arrowstreet entities totaling 1,808,988 common shares. The Schedule 13G states these shares are held by investment advisory clients of Arrowstreet Capital, Limited Partnership and that Arrowstreet Capital Holding LLC is the ultimate parent. The filing is signed and dated 05/15/2026.
Positive
None.
Negative
None.
Insights
Arrowstreet reports a passive >5% position in NerdWallet.
Arrowstreet entities disclose beneficial ownership of 1,808,988 shares, representing 5.2% of the class. The filing is a Schedule 13G, which typically indicates passive investment intent under applicable rules.
Future filings may show changes in position; current filing attributes holdings to Arrowstreet’s advisory clients and notes no single client >5%.
Filing attributes power and disposition solely to Arrowstreet entities.
The Schedule lists sole voting and sole dispositive power of 1,808,988 shares for both ASC and ACH. Signatures by compliance officers are provided with the filing date 05/15/2026.
Disclosure identifies holdings as held for advisory clients; the filing follows Schedule 13G presentation conventions and includes the CUSIP 64082B102.
Key Figures
Filing type:Schedule 13GShares beneficially owned:1,808,988 sharesPercent of class:5.2%+2 more
5 metrics
Filing typeSchedule 13GOwnership disclosure
Shares beneficially owned1,808,988 sharesCommon Shares of NerdWallet
Percent of class5.2%Percent of outstanding common shares reported
CUSIP64082B102NerdWallet common shares identifier
Filing signature date05/15/2026Signature date on Schedule 13G
Key Terms
Schedule 13G, beneficial ownership, sole dispositive power
3 terms
Schedule 13Gregulatory
"Schedule 13G is used for beneficial ownership reporting"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial ownershipfinancial
"Amount beneficially owned: 1,808,988"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 1,808,988"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NerdWallet Inc
(Name of Issuer)
Common Shares
(Title of Class of Securities)
64082B102
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
64082B102
1
Names of Reporting Persons
Arrowstreet Capital, Limited Partnership
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,808,988.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,808,988.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,808,988.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
64082B102
1
Names of Reporting Persons
Arrowstreet Capital Holding LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,808,988.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,808,988.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,808,988.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
NerdWallet Inc
(b)
Address of issuer's principal executive offices:
55 Hawthorne Street, 11th Fl., San Francisco, US-CA, 94105, US
Item 2.
(a)
Name of person filing:
Arrowstreet Capital, Limited Partnership ("ASC") Arrowstreet Capital Holding LLC ("ACH")
(b)
Address or principal business office or, if none, residence:
200 Clarendon Street, 30th Floor, Boston, 02116, Massachusetts, United States
(c)
Citizenship:
ASC: Massachusetts ACH: Delaware
(d)
Title of class of securities:
Common Shares
(e)
CUSIP Number(s):
64082B102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,808,988
(b)
Percent of class:
ASC: 5.2% ACH: 5.2%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,808,988
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,808,988
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
This Schedule is filed by ASC, in its capacity as investment adviser to a number of its investment advisory clients, and by ACH, in its capacity as the ultimate parent company of ASC. The securities to which this Schedule relate are held by investment advisory clients of ASC. The securities to which this Schedule relates are held by investment advisor clients of ASC. No such investment advisory client of ASC is known by ASC or by ACH to hold more than five percent of the class of securities to which this schedule relates.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake did Arrowstreet report in NerdWallet (NRDS)?
Arrowstreet reported beneficial ownership of 1,808,988 shares, equal to 5.2% of NerdWallet common stock. The position is disclosed on a Schedule 13G signed on 05/15/2026 and tied to Arrowstreet advisory clients.
Who holds the reported shares for Arrowstreet in NRDS?
The filing states the shares are held by investment advisory clients of Arrowstreet Capital, Limited Partnership, with Arrowstreet Capital Holding LLC named as the ultimate parent and signatory entities listed in the Schedule 13G.
Does the Schedule 13G indicate voting or dispositive power?
Yes; the Schedule shows sole voting power and sole dispositive power for 1,808,988 shares attributed to Arrowstreet entities. Shared voting or dispositive power is reported as 0 in the filing.
Is any single client reported to hold more than 5% of NRDS in this filing?
No single investment advisory client is identified as holding over 5%. The Schedule states Arrowstreet does not know of any advisory client holding more than 5% of the class for the shares reported.
