SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
133 hedge funds and large institutions have $338M invested in SmileDirectClub, Inc. Class A Common Stock in 2020 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 48 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
19% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 48
5% more funds holding
Funds holding: 127 → 133 (+6)
19% less call options, than puts
Call options by funds: $13.8M | Put options by funds: $17M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
55% less capital invested
Capital invested by funds: $747M → $338M (-$409M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$22.5M |
| 2 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$19.8M |
| 3 |
IIC
Integrated Investment Consultants
Bloomfield Hills,
Michigan
|
+$17.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11.4M |
| 5 |
Morgan Stanley
New York
|
+$9.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$40.8M |
| 2 |
GC
Greenvale Capital
London,
United Kingdom
|
-$27.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$19.4M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$18.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$18.7M |
SDC Hedge Fund Activity: Q1 2020 in Review
133 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q1 2020, worth a combined $338M — down 55% from $747M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SDC positions and 48 closed out — a net gain of 9 holders — while 37 added to existing stakes and 26 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $22.5M. The largest seller was BlackRock, cutting an estimated $40.8M.
- 133 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q1 2020, up from 127 in Q4 2019.
- Funds reported $338M of SmileDirectClub, Inc. Class A Common Stock stock for Q1 2020, down 55% quarter-over-quarter.
- 57 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q1 2020 and 48 closed out, a net change of +9 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q1 2020 was Viking Global Investors, an estimated $22.5M added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q1 2020 was BlackRock, an estimated $40.8M sold.
Based on aggregated 13F filings for Q1 2020.