SunCar Technology Group
15 hedge funds and large institutions have $14.9M invested in SunCar Technology Group in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 19 closing their positions.
46.29% less ownership
Funds ownership: 65.44% → 19.15% (-46%)
50% less funds holding
Funds holding: 30 → 15 (-15)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
70% less capital invested
Capital invested by funds: $50.4M → $14.9M (-$35.5M)
79% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$3.72M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$829K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$682K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$173K |
| 5 |
CAC
Cowen and Company
New York
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASM
ATW SPAC Management
New York
|
-$5.9M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$5.9M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.36M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$3.98M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
26
LMR Partners
London,
United Kingdom
| – | -$770K | -75,000 | Closed |
|
|
AA
27
AQR Arbitrage
Greenwich,
Connecticut
| – | -$350K | -34,000 | Closed |
|
|
WAM
28
Weiss Asset Management
Boston,
Massachusetts
| – | -$306K | -29,788 | Closed |
|
29
Verition Fund Management
Greenwich,
Connecticut
| – | -$206K | -20,000 | Closed |
|
|
GCWM
30
Graham Capital Wealth Management
Washington D.c.,
District of Columbia
| – | -$194K | -18,907 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$169K | -16,519 | Closed |
|
32
Millennium Management
New York
| – | -$114K | -11,129 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | +$10 | +1 | New |
|
SDA Hedge Fund Activity: Q4 2022 in Review
15 of the 6,224 institutional investors tracked by Wall St. Rank reported a position in SunCar Technology Group (SDA) for Q4 2022, worth a combined $14.9M — down 70% from $50.4M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SDA and 4 opened new positions — a net loss of 15 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Owl Creek Asset Management, adding an estimated $3.72M. The largest seller was ATW SPAC Management, exiting entirely with an estimated $5.9M sold.
- 15 institutional investors held SunCar Technology Group (SDA) as of Q4 2022, down from 30 in Q3 2022.
- Funds reported $14.9M of SunCar Technology Group stock for Q4 2022, down 70% quarter-over-quarter.
- 4 funds opened new SunCar Technology Group positions in Q4 2022 and 19 closed out, a net change of -15 holders.
- The largest SunCar Technology Group buyer in Q4 2022 was Owl Creek Asset Management, an estimated $3.72M added.
- The largest SunCar Technology Group seller in Q4 2022 was ATW SPAC Management, an estimated $5.9M sold.
Based on aggregated 13F filings for Q4 2022.