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SDC

SmileDirectClub, Inc. Class A Common Stock

Delisted

SDC was delisted on the 3rd of October, 2023.

168 hedge funds and large institutions have $871M invested in SmileDirectClub, Inc. Class A Common Stock in 2021 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 66 increasing their positions, 43 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

107% more call options, than puts

Call options by funds: $57.8M | Put options by funds: $28M

53% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 43

2% less capital invested

Capital invested by funds: $891M → $871M (-$19.5M)

7% less funds holding

Funds holding: 181168 (-13)

27% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 45

Holders
168
Holders Change
-13
Holders Change %
-7.18%
% of All Funds
2.95%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
33
Increased
66
Reduced
43
Closed
45
Calls
$57.8M
Puts
$28M
Net Calls
+$29.8M
Net Calls Change
+$13.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
26
Carson Wealth (CWM LLC)
Nebraska
$6.08M
MPEM
27
Marathon Partners Equity Management
New York
$5.93M +$6.81M +575,000 New
PC
28
Pier Capital
Connecticut
$5.38M +$6.18M +521,998 New
Wells Fargo
29
Wells Fargo
California
$5.35M -$904K -76,324 -13%
Mirae Asset Global Investments
30
Mirae Asset Global Investments
South Korea
$5.19M +$1.68M +141,475 +39%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$5.15M +$327K +27,584 +6%
ClearBridge Investments
32
ClearBridge Investments
New York
$4.88M
William Blair & Company
33
William Blair & Company
Illinois
$4.68M +$32.9K +2,776 +0.6%
Charles Schwab
34
Charles Schwab
California
$4.12M +$198K +16,707 +4%
Bank of America
35
Bank of America
North Carolina
$4.11M -$1.45M -122,716 -24%
N
36
Nuveen
North Carolina
$3.94M +$4.52M +381,896 New
DKCM
37
Davidson Kempner Capital Management
New York
$3.43M +$3.93M +332,100 New
Renaissance Technologies
38
Renaissance Technologies
New York
$3.33M +$3.82M +322,700 New
CCP
39
Clarkston Capital Partners
Michigan
$3.06M
CSS
40
Cubist Systematic Strategies
Connecticut
$3.04M +$2.98M +251,427 +575%
Alyeska Investment Group
41
Alyeska Investment Group
Illinois
$2.85M -$10.8M -914,423 -77%
Luther King Capital Management (LKCM)
42
Luther King Capital Management (LKCM)
Texas
$2.82M +$2.01M +169,347 +163%
Northern Trust
43
Northern Trust
Illinois
$2.52M -$221K -18,622 -7%
MAG
44
Millrace Asset Group
Pennsylvania
$2.41M +$1.22M +103,367 +79%
SI
45
Stephens Inc
Arkansas
$2.39M +$452K +38,144 +20%
SC
46
Sculptor Capital
New York
$2.33M
SFI
47
Susquehanna Fundamental Investments
Pennsylvania
$2.2M +$98.1K +8,285 +4%
Jane Street
48
Jane Street
New York
$1.93M -$1.41M -118,978 -39%
TCM
49
Tributary Capital Management
Nebraska
$1.87M +$1.2M +100,900 +125%
SEI Investments
50
SEI Investments
Pennsylvania
$1.67M +$452K +38,127 +31%

SDC Hedge Fund Activity: Q1 2021 in Review

168 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q1 2021, worth a combined $871M — down 2.2% from $891M a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of SDC and 33 opened new positions — a net loss of 12 holders — while 43 trimmed existing stakes and 66 added.

The largest buyer was Victory Capital Management, adding an estimated $39.6M. The largest seller was D.E. Shaw & Co, cutting an estimated $28M.

  • 168 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q1 2021, down from 181 in Q4 2020.
  • Funds reported $871M of SmileDirectClub, Inc. Class A Common Stock stock for Q1 2021, down 2.2% quarter-over-quarter.
  • 33 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q1 2021 and 45 closed out, a net change of -12 holders.
  • The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q1 2021 was Victory Capital Management, an estimated $39.6M added.
  • The largest SmileDirectClub, Inc. Class A Common Stock seller in Q1 2021 was D.E. Shaw & Co, an estimated $28M sold.

Based on aggregated 13F filings for Q1 2021.