SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
141 hedge funds and large institutions have $107M invested in SmileDirectClub, Inc. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 26 closing their positions.
15% more capital invested
Capital invested by funds: $92.9M → $107M (+$13.8M)
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
1% more funds holding
Funds holding: 139 → 141 (+2)
1.04% more ownership
Funds ownership: 33.17% → 34.22% (+1%)
7% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 42
11% less call options, than puts
Call options by funds: $25.7M | Put options by funds: $29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
+$16.1M |
| 2 |
SG Americas Securities
New York
|
+$2.83M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.48M |
| 4 |
Citigroup
New York
|
+$1.42M |
| 5 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$6.74M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$3.91M |
| 3 |
Two Sigma Investments
New York
|
-$2.81M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.98M |
| 5 |
Morgan Stanley
New York
|
-$1.96M |
SDC Hedge Fund Activity: Q1 2022 in Review
141 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q1 2022, worth a combined $107M — up 15% from $92.9M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SDC positions and 26 closed out — a net gain of 3 holders — while 39 added to existing stakes and 42 trimmed.
The largest buyer was Prentice Capital Management, opening a new position worth an estimated $16.1M. The largest seller was State Street, cutting an estimated $6.74M.
- 141 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q1 2022, up from 139 in Q4 2021.
- Funds reported $107M of SmileDirectClub, Inc. Class A Common Stock stock for Q1 2022, up 15% quarter-over-quarter.
- 29 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q1 2022 and 26 closed out, a net change of +3 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q1 2022 was Prentice Capital Management, an estimated $16.1M added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q1 2022 was State Street, an estimated $6.74M sold.
Based on aggregated 13F filings for Q1 2022.