SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
90 hedge funds and large institutions have $9.22M invested in SmileDirectClub, Inc. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 32 reducing their positions, and 20 closing their positions.
28% more call options, than puts
Call options by funds: $907K | Put options by funds: $710K
8% more capital invested
Capital invested by funds: $8.55M → $9.22M (+$677K)
11% less funds holding
Funds holding: 101 → 90 (-11)
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
63% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$64.5K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$43.5K |
| 3 |
TC
TwinBeech Capital
Purchase,
New York
|
+$39.4K |
| 4 |
Renaissance Technologies
New York
|
+$38K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$19.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$405K |
| 2 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$169K |
| 3 |
HF
HRT Financial
New York
|
-$105K |
| 4 |
Rockefeller Capital Management
New York
|
-$86K |
| 5 |
JP Morgan Chase
New York
|
-$85.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MVP
101
Miller Value Partners
Sarasota,
Florida
| – | -$4.3K | -10,000 | Closed |
|
|
NC
102
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$2.06K | -4,800 | Closed |
|
|
ASN
103
Advisory Services Network
Atlanta,
Georgia
| – | -$1.77K | -4,110 | Closed |
|
|
MCI
104
MRP Capital Investments
Alpharetta,
Georgia
| – | -$430 | -1,000 | Closed |
|
|
GI
105
Gradient Investments
Arden Hills,
Minnesota
| – | -$228 | -530 | Closed |
|
|
PH
106
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$221 | -515 | Closed |
|
107
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$86 | -200 | Closed |
|
|
DFCM
108
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$49 | -115 | Closed |
|
109
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$18 | -45 | -58% |
|
SDC Hedge Fund Activity: Q2 2023 in Review
90 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q2 2023, worth a combined $9.22M — up 7.9% from $8.55M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SDC and 9 opened new positions — a net loss of 11 holders — while 32 trimmed existing stakes and 12 added.
The largest buyer was Citadel Advisors, adding an estimated $64.5K. The largest seller was GSA Capital Partners, cutting an estimated $405K.
- 90 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q2 2023, down from 101 in Q1 2023.
- Funds reported $9.22M of SmileDirectClub, Inc. Class A Common Stock stock for Q2 2023, up 7.9% quarter-over-quarter.
- 9 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q2 2023 and 20 closed out, a net change of -11 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q2 2023 was Citadel Advisors, an estimated $64.5K added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q2 2023 was GSA Capital Partners, an estimated $405K sold.
Based on aggregated 13F filings for Q2 2023.