SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
139 hedge funds and large institutions have $92.9M invested in SmileDirectClub, Inc. Class A Common Stock in 2021 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 44 reducing their positions, and 39 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 44
7% less funds holding
Funds holding: 149 → 139 (-10)
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
30% less call options, than puts
Call options by funds: $15M | Put options by funds: $21.5M
70% less capital invested
Capital invested by funds: $312M → $92.9M (-$219M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$6.08M |
| 2 |
Two Sigma Investments
New York
|
+$5M |
| 3 |
Morgan Stanley
New York
|
+$3.7M |
| 4 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$2M |
| 5 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CDR
Clayton Dubilier & Rice
New York
|
-$40.1M |
| 2 |
6CM
683 Capital Management
New York
|
-$29.9M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$20M |
| 4 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$8.11M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.58M |
SDC Hedge Fund Activity: Q4 2021 in Review
139 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q4 2021, worth a combined $92.9M — down 70% from $312M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SDC and 30 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 46 added.
The largest buyer was State Street, adding an estimated $6.08M. The largest seller was Clayton Dubilier & Rice, exiting entirely with an estimated $40.1M sold.
- 139 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q4 2021, down from 149 in Q3 2021.
- Funds reported $92.9M of SmileDirectClub, Inc. Class A Common Stock stock for Q4 2021, down 70% quarter-over-quarter.
- 30 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q4 2021 and 39 closed out, a net change of -9 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q4 2021 was State Street, an estimated $6.08M added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q4 2021 was Clayton Dubilier & Rice, an estimated $40.1M sold.
Based on aggregated 13F filings for Q4 2021.