SunCar Technology Group
3 hedge funds and large institutions have $5.67M invested in SunCar Technology Group in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 15 closing their positions.
40.67% less ownership
Funds ownership: 41.23% → 0.56% (-41%)
64% less capital invested
Capital invested by funds: $15.7M → $5.67M (-$9.99M)
80% less funds holding
Funds holding: 15 → 3 (-12)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.8M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$265K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
-$5.2M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$2.13M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.01M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.82M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.21M |
SDA Hedge Fund Activity: Q2 2023 in Review
3 of the 6,372 institutional investors tracked by Wall St. Rank reported a position in SunCar Technology Group (SDA) for Q2 2023, worth a combined $5.67M — down 64% from $15.7M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SDA and 3 opened new positions — a net loss of 12 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Jane Street, opening a new position worth an estimated $2.8M. The largest seller was Owl Creek Asset Management, exiting entirely with an estimated $5.2M sold.
- 3 institutional investors held SunCar Technology Group (SDA) as of Q2 2023, down from 15 in Q1 2023.
- Funds reported $5.67M of SunCar Technology Group stock for Q2 2023, down 64% quarter-over-quarter.
- 3 funds opened new SunCar Technology Group positions in Q2 2023 and 15 closed out, a net change of -12 holders.
- The largest SunCar Technology Group buyer in Q2 2023 was Jane Street, an estimated $2.8M added.
- The largest SunCar Technology Group seller in Q2 2023 was Owl Creek Asset Management, an estimated $5.2M sold.
Based on aggregated 13F filings for Q2 2023.