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SDC

SmileDirectClub, Inc. Class A Common Stock

Delisted

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

127 hedge funds and large institutions have $747M invested in SmileDirectClub, Inc. Class A Common Stock in 2019 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 39 increasing their positions, 24 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

63% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 24

32% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 44

11% more funds holding

Funds holding: 114127 (+13)

31% less call options, than puts

Call options by funds: $19.5M | Put options by funds: $28.4M

38% less capital invested

Capital invested by funds: $1.21B → $747M (-$462M)

Holders
127
Holders Change
+13
Holders Change %
+11.4%
% of All Funds
2.5%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.06%
New
58
Increased
39
Reduced
24
Closed
44
Calls
$19.5M
Puts
$28.4M
Net Calls
-$8.89M
Net Calls Change
-$30.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
51
Bank of America
North Carolina
$956K +$262K +26,163 +31%
Bank of New York Mellon
52
Bank of New York Mellon
New York
$917K +$1.05M +104,932 New
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$910K +$1.04M +104,088 New
WC
54
Whitney & Co
New York
$905K -$254K -25,400 -20%
BFM
55
Boothbay Fund Management
New York
$901K +$450K +44,964 +77%
WCM
56
Weld Capital Management
New York
$896K +$1.03M +102,488 New
Federated Hermes
57
Federated Hermes
Pennsylvania
$874K -$3.75M -375,000 -79%
WMSA
58
Weiss Multi-Strategy Advisers
New York
$874K +$1M +100,000 New
Squarepoint
59
Squarepoint
New York
$792K +$906K +90,600 New
JWM
60
Jackson Wealth Management
Florida
$710K +$540K +54,000 New
FAM
61
Fred Alger Management
New York
$681K +$215K +21,480 +38%
RJA
62
Raymond James & Associates
Florida
$582K +$280K +28,028 +73%
CIBC World Market
63
CIBC World Market
Ontario, Canada
$582K +$666K +66,550 New
RJFSA
64
Raymond James Financial Services Advisors
Florida
$569K +$652K +65,157 New
Group One Trading
65
Group One Trading
Illinois
$553K +$343K +34,316 +118%
ECM
66
Endurant Capital Management
California
$517K -$742K -74,210 -56%
EA
67
Emerald Advisers
Pennsylvania
$507K +$581K +58,049 New
ECM
68
ExodusPoint Capital Management
New York
$478K +$264K +26,399 +93%
QT
69
Quantbot Technologies
New York
$476K +$546K +54,544 New
TC
70
Telemus Capital
Michigan
$432K +$286K +28,600 +137%
Wolverine Trading
71
Wolverine Trading
Illinois
$426K +$262K +26,160 +102%
CCP
72
Clarkston Capital Partners
Michigan
$402K -$72K -7,200 -14%
Neuberger Berman Group
73
Neuberger Berman Group
New York
$401K -$7.43M -742,650 -94%
Commonwealth Equity Services
74
Commonwealth Equity Services
Massachusetts
$376K +$430K +43,039 New
Citigroup
75
Citigroup
New York
$359K +$411K +41,050 New

SDC Hedge Fund Activity: Q4 2019 in Review

127 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q4 2019, worth a combined $747M — down 38% from $1.21B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new SDC positions and 44 closed out — a net gain of 14 holders — while 39 added to existing stakes and 24 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $56.8M. The largest seller was Franklin Resources, exiting entirely with an estimated $41.8M sold.

  • 127 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q4 2019, up from 114 in Q3 2019.
  • Funds reported $747M of SmileDirectClub, Inc. Class A Common Stock stock for Q4 2019, down 38% quarter-over-quarter.
  • 58 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q4 2019 and 44 closed out, a net change of +14 holders.
  • The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q4 2019 was Fidelity Investments, an estimated $56.8M added.
  • The largest SmileDirectClub, Inc. Class A Common Stock seller in Q4 2019 was Franklin Resources, an estimated $41.8M sold.

Based on aggregated 13F filings for Q4 2019.