SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
127 hedge funds and large institutions have $748M 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.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+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: 114 → 127 (+13)
0.32% more ownership
Funds ownership: 82.88% → 83.2% (+0.32%)
31% less call options, than puts
Call options by funds: $19.5M | Put options by funds: $28.4M
39% less capital invested
Capital invested by funds: $1.22B → $748M (-$468M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$56.8M |
| 2 |
GC
Greenvale Capital
London,
United Kingdom
|
+$31.5M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$16.9M |
| 4 |
BlackRock
New York
|
+$11.7M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$9.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$41.8M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$41.1M |
| 3 |
Millennium Management
New York
|
-$34.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$27M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$20M |
SDC Hedge Fund Activity: Q4 2019 in Review
127 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q4 2019, worth a combined $748M — down 39% from $1.22B 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 $748M of SmileDirectClub, Inc. Class A Common Stock stock for Q4 2019, down 39% 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.