SunCar Technology Group
9 hedge funds and large institutions have $2.52M invested in SunCar Technology Group in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
200% more funds holding
Funds holding: 3 → 9 (+6)
0.1% more ownership
Funds ownership: 0.56% → 0.66% (+0.1%)
56% less capital invested
Capital invested by funds: $5.67M → $2.52M (-$3.15M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.09M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$964K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$448K |
| 4 |
State Street
Boston,
Massachusetts
|
+$182K |
| 5 |
HF
HRT Financial
New York
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.17M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.58K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $867K | +$1.09M | +81,681 | New |
|
|
2
Citadel Advisors
Miami,
Florida
| $765K | +$964K | +72,114 | New |
|
|
CSS
3
Cubist Systematic Strategies
Stamford,
Connecticut
| $355K | +$448K | +33,479 | New |
|
4
Geode Capital Management
Boston,
Massachusetts
| $247K | +$57.2K | +4,278 | +22% |
|
|
5
State Street
Boston,
Massachusetts
| $144K | +$182K | +13,600 | New |
|
|
HF
6
HRT Financial
New York
| $107K | +$136K | +10,176 | New |
|
7
Barclays
London,
United Kingdom
| $20.1K | +$25.4K | +1,896 | New |
|
8
Morgan Stanley
New York
| $13.3K | +$16.8K | +1,255 | New |
|
9
UBS Group
Zurich,
Switzerland
| $1.08K | +$1.36K | +102 | New |
|
|
10
Jane Street
New York
| – | -$5.17M | -200,790 | Closed |
|
|
11
Bank of America
Charlotte,
North Carolina
| – | -$2.58K | -100 | Closed |
|
SDA Hedge Fund Activity: Q3 2023 in Review
9 of the 6,304 institutional investors tracked by Wall St. Rank reported a position in SunCar Technology Group (SDA) for Q3 2023, worth a combined $2.52M — down 56% from $5.67M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SDA positions and 2 closed out — a net gain of 6 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.09M. The largest seller was Jane Street, exiting entirely with an estimated $5.17M sold.
- 9 institutional investors held SunCar Technology Group (SDA) as of Q3 2023, up from 3 in Q2 2023.
- Funds reported $2.52M of SunCar Technology Group stock for Q3 2023, down 56% quarter-over-quarter.
- 8 funds opened new SunCar Technology Group positions in Q3 2023 and 2 closed out, a net change of +6 holders.
- The largest SunCar Technology Group buyer in Q3 2023 was Virtu Financial, an estimated $1.09M added.
- The largest SunCar Technology Group seller in Q3 2023 was Jane Street, an estimated $5.17M sold.
Based on aggregated 13F filings for Q3 2023.