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SDC

SmileDirectClub, Inc. Class A Common Stock

Delisted

SDC was delisted on the 3rd of October, 2023.

155 hedge funds and large institutions have $835M invested in SmileDirectClub, Inc. Class A Common Stock in 2020 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 30

53% more capital invested

Capital invested by funds: $545M → $835M (+$290M)

39% more call options, than puts

Call options by funds: $61.6M | Put options by funds: $44.3M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

11% more funds holding

Funds holding: 140155 (+15)

2% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 41

Holders
155
Holders Change
+15
Holders Change %
+10.71%
% of All Funds
3.13%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.08%
New
46
Increased
42
Reduced
41
Closed
30
Calls
$61.6M
Puts
$44.3M
Net Calls
+$17.3M
Net Calls Change
+$18.9M
Name Holding Trade Value Shares
Change
Change in
Stake
CDR
1
Clayton Dubilier & Rice
New York
$314M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$92.6M +$6.23M +678,252 +9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$81.9M +$1.07M +116,396 +2%
Alyeska Investment Group
4
Alyeska Investment Group
Illinois
$21.2M -$467K -50,846 -3%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$18.7M +$14.7M +1,601,867 New
BlackRock
6
BlackRock
New York
$17.8M -$9.3M -1,012,511 -40%
Goldman Sachs
7
Goldman Sachs
New York
$16.5M +$6.7M +729,644 +106%
PCM
8
Prentice Capital Management
Connecticut
$16.3M +$1.69M +183,894 +15%
CAPTRUST Financial Advisors
9
CAPTRUST Financial Advisors
North Carolina
$15.9M -$1.83M -199,749 -13%
Citadel Advisors
10
Citadel Advisors
Florida
$13M +$7.96M +866,753 +355%
Invesco
11
Invesco
Georgia
$12.6M +$9.94M +1,082,611 New
JP Morgan Chase
12
JP Morgan Chase
New York
$11.9M -$2.02M -220,304 -18%
State Street
13
State Street
Massachusetts
$10.3M -$1.45M -158,293 -15%
RA
14
Royce & Associates
New York
$10.2M -$216K -23,500 -3%
Coatue Management
15
Coatue Management
New York
$9.92M -$1.26M -137,488 -14%
RA
16
RiverPark Advisors
New York
$9.59M +$1.82M +198,376 +32%
Principal Financial Group
17
Principal Financial Group
Iowa
$8.82M +$3.2M +348,638 +86%
ACM
18
Ariose Capital Management
Hong Kong
$8.71M +$2.11M +229,900 +45%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$7.51M +$1M +109,328 +20%
CCP
20
Clough Capital Partners
Massachusetts
$7.08M
Morgan Stanley
21
Morgan Stanley
New York
$6.94M -$337K -36,695 -6%
Carson Wealth (CWM LLC)
22
Carson Wealth (CWM LLC)
Nebraska
$6.08M
SCA
23
Southpoint Capital Advisors
New York
$5.84M +$4.59M +500,000 New
ClearBridge Investments
24
ClearBridge Investments
New York
$5.63M -$64.6K -7,030 -1%
Bank of America
25
Bank of America
North Carolina
$5.63M -$6.42M -699,397 -59%

SDC Hedge Fund Activity: Q3 2020 in Review

155 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q3 2020, worth a combined $835M — up 53% from $545M a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new SDC positions and 30 closed out — a net gain of 16 holders — while 42 added to existing stakes and 41 trimmed.

The largest buyer was Millennium Management, adding an estimated $18M. The largest seller was Integrated Investment Consultants, cutting an estimated $16.7M.

  • 155 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q3 2020, up from 140 in Q2 2020.
  • Funds reported $835M of SmileDirectClub, Inc. Class A Common Stock stock for Q3 2020, up 53% quarter-over-quarter.
  • 46 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q3 2020 and 30 closed out, a net change of +16 holders.
  • The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q3 2020 was Millennium Management, an estimated $18M added.
  • The largest SmileDirectClub, Inc. Class A Common Stock seller in Q3 2020 was Integrated Investment Consultants, an estimated $16.7M sold.

Based on aggregated 13F filings for Q3 2020.