SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
140 hedge funds and large institutions have $545M invested in SmileDirectClub, Inc. Class A Common Stock in 2020 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 43 closing their positions.
61% more capital invested
Capital invested by funds: $338M → $545M (+$207M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 43
5% more funds holding
Funds holding: 133 → 140 (+7)
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
5% less call options, than puts
Call options by funds: $30.8M | Put options by funds: $32.3M
6.04% less ownership
Funds ownership: 69.4% → 63.36% (-6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.6M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$12.6M |
| 3 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
+$8.24M |
| 4 |
State Street
Boston,
Massachusetts
|
+$6.81M |
| 5 |
BlackRock
New York
|
+$5.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$13.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$10.9M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$10.7M |
| 4 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$9.37M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.44M |
SDC Hedge Fund Activity: Q2 2020 in Review
140 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q2 2020, worth a combined $545M — up 61% from $338M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SDC positions and 43 closed out — a net gain of 8 holders — while 37 added to existing stakes and 34 trimmed.
The largest buyer was Vanguard Group, adding an estimated $13.6M. The largest seller was HHLR Advisors, exiting entirely with an estimated $13.5M sold.
- 140 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q2 2020, up from 133 in Q1 2020.
- Funds reported $545M of SmileDirectClub, Inc. Class A Common Stock stock for Q2 2020, up 61% quarter-over-quarter.
- 51 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q2 2020 and 43 closed out, a net change of +8 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q2 2020 was Vanguard Group, an estimated $13.6M added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q2 2020 was HHLR Advisors, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2020.