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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$23.1M +$666K +159,346 +2%
State Street
2
State Street
Massachusetts
$9.13M +$6.08M +1,454,812 +60%
Morgan Stanley
3
Morgan Stanley
New York
$6.75M +$3.7M +885,501 +45%
BlackRock
4
BlackRock
New York
$4.2M +$510K +122,129 +7%
National Bank of Canada
5
National Bank of Canada
Quebec, Canada
$3.97M +$7.06M +1,689,253 New
Two Sigma Investments
6
Two Sigma Investments
New York
$2.81M +$5M +1,196,002 New
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.27M +$703K +168,363 +21%
Citigroup
8
Citigroup
New York
$2.06M -$506K -121,094 -12%
Citadel Advisors
9
Citadel Advisors
Florida
$2.01M +$165K +39,538 +5%
UBS Group
10
UBS Group
Switzerland
$1.94M -$2.01M -481,281 -37%
SFI
11
Susquehanna Fundamental Investments
Pennsylvania
$1.68M +$2M +479,522 +203%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$1.53M -$7.58M -1,813,597 -74%
Goldman Sachs
13
Goldman Sachs
New York
$1.29M -$5.72M -1,369,471 -71%
SC
14
Sculptor Capital
New York
$1.27M +$662K +158,500 +42%
Bank of America
15
Bank of America
North Carolina
$1.23M -$1.27M -303,849 -37%
Charles Schwab
16
Charles Schwab
California
$1.22M +$41K +9,816 +2%
SI
17
Stephens Inc
Arkansas
$1.14M +$553K +132,337 +38%
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$1.12M -$129K -30,900 -6%
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$1.06M +$65.1K +15,584 +4%
Deutsche Bank
20
Deutsche Bank
Germany
$1.05M -$543K -130,000 -23%
CCM
21
Camber Capital Management
Massachusetts
$999K +$1.78M +425,000 New
PP
22
Paloma Partners
Connecticut
$968K +$1.29M +309,442 +302%
Mirae Asset Global Investments
23
Mirae Asset Global Investments
South Korea
$915K -$731K -175,006 -31%
Millennium Management
24
Millennium Management
New York
$870K -$4.49M -1,075,446 -74%
JP Morgan Chase
25
JP Morgan Chase
New York
$854K -$2.22M -530,848 -59%

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.