Arrowstreet Capital Acquires 5.2% Stake in NerdWallet Inc (NRDS)

On May 15, 2026, Arrowstreet Capital, Limited Partnership ("ASC") and its parent company, Arrowstreet Capital Holding LLC ("ACH"), filed a Schedule 13G regarding their holdings in NerdWallet Inc (NRDS). The filing reveals that as of March 31, 2026, the reporting persons have acquired a beneficial ownership of 1,808,988 common shares, representing 5.2% of the company. This marks a new significant position for the investment adviser, as previous ownership was reported at 0.0%. ASC holds sole voting and dispositive power over all 1,808,988 shares in its capacity as an investment adviser to various clients. ACH, as the ultimate parent company, shares this beneficial ownership. The filing specifies that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of NerdWallet Inc. No individual client of ASC is known to hold more than 5% of the class. The filing was signed by Kimberly Kelley, Chief Compliance Officer of ASC, and Eric Burnett, Authorized Signatory for ACH.