SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
181 hedge funds and large institutions have $891M invested in SmileDirectClub, Inc. Class A Common Stock in 2020 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 58 increasing their positions, 43 reducing their positions, and 29 closing their positions.
97% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 29
46% more call options, than puts
Call options by funds: $52.7M | Put options by funds: $36.1M
35% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 43
17% more funds holding
Funds holding: 155 → 181 (+26)
7% more capital invested
Capital invested by funds: $835M → $891M (+$56.3M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$58M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$43.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$27.7M |
| 4 |
Morgan Stanley
New York
|
+$19.2M |
| 5 |
BlackRock
New York
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CDR
Clayton Dubilier & Rice
New York
|
-$170M |
| 2 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$16.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$11.1M |
| 5 |
Coatue Management
New York
|
-$9.92M |
SDC Hedge Fund Activity: Q4 2020 in Review
181 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q4 2020, worth a combined $891M — up 6.7% from $835M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SDC positions and 29 closed out — a net gain of 28 holders — while 58 added to existing stakes and 43 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $58M. The largest seller was Clayton Dubilier & Rice, cutting an estimated $170M.
- 181 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q4 2020, up from 155 in Q3 2020.
- Funds reported $891M of SmileDirectClub, Inc. Class A Common Stock stock for Q4 2020, up 6.7% quarter-over-quarter.
- 57 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q4 2020 and 29 closed out, a net change of +28 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q4 2020 was Victory Capital Management, an estimated $58M added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q4 2020 was Clayton Dubilier & Rice, an estimated $170M sold.
Based on aggregated 13F filings for Q4 2020.