SunCar Technology Group
14 hedge funds and large institutions have $1.78M invested in SunCar Technology Group in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
64% more capital invested
Capital invested by funds: $1.08M → $1.78M (+$698K)
56% more funds holding
Funds holding: 9 → 14 (+5)
0.28% more ownership
Funds ownership: 0.34% → 0.62% (+0.28%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$510K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$234K |
| 3 |
CC
Centiva Capital
New York
|
+$126K |
| 4 |
MG
Marex Group
London,
|
+$121K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$169K |
| 2 |
SRL
Scientech Research LLC
Jersey City,
New Jersey
|
-$96.2K |
| 3 |
EGM
Engineers Gate Manager
New York
|
-$90.4K |
| 4 |
VF
Virtu Financial
New York
|
-$47.6K |
| 5 |
Millennium Management
New York
|
-$26.7K |
SDA Hedge Fund Activity: Q1 2024 in Review
14 of the 6,947 institutional investors tracked by Wall St. Rank reported a position in SunCar Technology Group (SDA) for Q1 2024, worth a combined $1.78M — up 64% from $1.08M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SDA positions and 2 closed out — a net gain of 5 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $510K. The largest seller was Morgan Stanley, cutting an estimated $169K.
- 14 institutional investors held SunCar Technology Group (SDA) as of Q1 2024, up from 9 in Q4 2023.
- Funds reported $1.78M of SunCar Technology Group stock for Q1 2024, up 64% quarter-over-quarter.
- 7 funds opened new SunCar Technology Group positions in Q1 2024 and 2 closed out, a net change of +5 holders.
- The largest SunCar Technology Group buyer in Q1 2024 was Renaissance Technologies, an estimated $510K added.
- The largest SunCar Technology Group seller in Q1 2024 was Morgan Stanley, an estimated $169K sold.
Based on aggregated 13F filings for Q1 2024.