SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
106 hedge funds and large institutions have $24.5M invested in SmileDirectClub, Inc. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 37 reducing their positions, and 31 closing their positions.
12% more call options, than puts
Call options by funds: $4.38M | Put options by funds: $3.91M
12% less funds holding
Funds holding: 120 → 106 (-14)
31% less capital invested
Capital invested by funds: $35.5M → $24.5M (-$11.1M)
42% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 31
46% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 37
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 5,806 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q3 2022, worth a combined $24.5M — down 31% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SDC and 18 opened new positions — a net loss of 13 holders — while 37 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 120 in Q2 2022.
- Funds reported $24.5M of SmileDirectClub, Inc. Class A Common Stock stock for Q3 2022, down 31% quarter-over-quarter.
- 18 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q3 2022 and 31 closed out, a net change of -13 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.