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SDC

SmileDirectClub, Inc. Class A Common Stock

Delisted

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.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 44

7% less funds holding

Funds holding: 149139 (-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: 10 (-1)

Holders
139
Holders Change
-10
Holders Change %
-6.71%
% of All Funds
2.14%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
46
Reduced
44
Closed
39
Calls
$15M
Puts
$21.5M
Net Calls
-$6.53M
Net Calls Change
+$4.89M
Name Holding Trade Value Shares
Change
Change in
Stake
PP
151
PDT Partners
New York
-$151K -28,455 Closed
XT
152
XTX Topco
Cayman Islands
-$150K -28,214 Closed
CGIM
153
Cannon Global Investment Management
Florida
-$133K -25,000 Closed
T. Rowe Price Associates
154
T. Rowe Price Associates
Maryland
-$133K -25,000 Closed
GIA
155
Gladstone Institutional Advisory
Florida
-$125K -23,513 Closed
OC
156
Oppenheimer & Co
New York
-$97K -18,163 Closed
BC
157
Bridgefront Capital
Texas
-$93K -17,400 Closed
ICM
158
III Capital Management
Florida
-$79K -15,000 Closed
CCM
159
CAAS Capital Management
New York
-$78K -14,700 Closed
CCA
160
Checchi Capital Advisers
California
-$68K -12,800 Closed
CAM
161
Cresset Asset Management
Illinois
-$62K -11,825 Closed
BWCS
162
Beirne Wealth Consulting Services
Connecticut
-$61K -11,500 Closed
BFM
163
Boothbay Fund Management
New York
-$57K -10,755 Closed
CAC
164
Cowen and Company
New York
-$23K -4,237 Closed
SWM
165
Spire Wealth Management
Virginia
-$22K -4,100 Closed
NSIM
166
North Star Investment Management
Illinois
-$19K -3,600 Closed
FDCDDQ
167
Federation des caisses Desjardins du Quebec
Quebec, Canada
-$6.92K -1,300 Closed
1IA
168
1834 Investment Advisors
Wisconsin
-$4K -700 Closed
IF
169
Ironwood Financial
Arizona
-$3K -500 Closed
LWP
170
Laurel Wealth Planning
Minnesota
-$3K -500 Closed
HI
171
Harbour Investments
Wisconsin
-$2K -390 Closed
TCM
172
Tradewinds Capital Management
Washington
-$1K -250 Closed
CFGS
173
Concourse Financial Group Securities
Alabama
-$836 -200 Closed

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.