SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
106 hedge funds and large institutions have $25M invested in SmileDirectClub, Inc. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 36 reducing their positions, and 31 closing their positions.
6% more call options, than puts
Call options by funds: $4.38M | Put options by funds: $4.12M
6.02% less ownership
Funds ownership: 28.64% → 22.62% (-6%)
11% less funds holding
Funds holding: 119 → 106 (-13)
31% less capital invested
Capital invested by funds: $36M → $25M (-$11M)
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
44% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$983K |
| 2 |
Group One Trading
Chicago,
Illinois
|
+$206K |
| 3 |
TC
TwinBeech Capital
Purchase,
New York
|
+$73.3K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$70.8K |
| 5 |
JP Morgan Chase
New York
|
+$68.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$3.1M |
| 2 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$1.04M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$789K |
| 4 |
SC
Sculptor Capital
New York
|
-$756K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$561K |
SDC Hedge Fund Activity: Q3 2022 in Review
106 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q3 2022, worth a combined $25M — down 31% from $36M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SDC and 19 opened new positions — a net loss of 12 holders — while 36 trimmed existing stakes and 20 added.
The largest buyer was Vanguard Group, adding an estimated $983K. The largest seller was Prentice Capital Management, cutting an estimated $3.1M.
- 106 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q3 2022, down from 119 in Q2 2022.
- Funds reported $25M of SmileDirectClub, Inc. Class A Common Stock stock for Q3 2022, down 31% quarter-over-quarter.
- 19 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q3 2022 and 31 closed out, a net change of -12 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q3 2022 was Vanguard Group, an estimated $983K added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q3 2022 was Prentice Capital Management, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2022.