A new dispersant for stabilization of single wall carbon nanotubes (SWNTs) in water that simultaneously utilizes three different dispersion or stabilization mechanisms: surfactant adsorption, polymeric wrapping, and Coulomb repulsive interaction, has been demonstrated. The new dispersant, a charged rod-like nanoparticle (cROD), is a cylindrical micelle wrapped by negatively charged polymers which is fabricated by the aqueous free radical polymerization of a polymerizable cationic surfactant, cetyltrimethylammonium 4-vinylbenzoate (CTVB), in the presence of sodium 4-styrenesulfonate (NaSS). The surface charge density of the cRODs is controlled by varying the concentration of NaSS. Dispersions of SWNTs are obtained by sonicating a mixture of SWNTs and cROD in water, followed by ultra-centrifugation and decanting. While the cRODs with neutral or low surface change densities (0 and 5 mol % NaSS) result in very low dispersion power and poor stability, the cRODs with high surface charge densities (15, 25, and 40 mol % NaSS) produce excellent dispersions with SWNT concentration as high as 437 mg L⁻¹ and long term stability. The sharp van Hove transition peaks of the cROD assisted SWNT dispersions indicate the presence of individually isolated SWNTs. Atomic force microscopy and small angle neutron scattering analysis show that the dominant encapsulation structure of the cROD assisted SWNTs is surfactant assisted polymeric wrapping. SWNTs dispersed by the cRODs can be fully dried and easily re-dispersed in water, providing enhanced processibility of SWNTs.