SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
103 hedge funds and large institutions have $7.75M invested in SmileDirectClub, Inc. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 17 increasing their positions, 37 reducing their positions, and 27 closing their positions.
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
7% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $1.16M
3% less funds holding
Funds holding: 106 → 103 (-3)
4.64% less ownership
Funds ownership: 22.62% → 17.99% (-4.6%)
54% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 37
69% less capital invested
Capital invested by funds: $25M → $7.75M (-$17.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$529K |
| 2 |
Jane Street
New York
|
+$295K |
| 3 |
E
Ergoteles
New York
|
+$189K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$127K |
| 5 |
HF
HRT Financial
New York
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.43M |
| 2 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$1.35M |
| 3 |
State Street
Boston,
Massachusetts
|
-$541K |
| 4 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$434K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$319K |
SDC Hedge Fund Activity: Q4 2022 in Review
103 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q4 2022, worth a combined $7.75M — down 69% from $25M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SDC and 26 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 17 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $529K. The largest seller was Vanguard Group, cutting an estimated $1.43M.
- 103 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q4 2022, down from 106 in Q3 2022.
- Funds reported $7.75M of SmileDirectClub, Inc. Class A Common Stock stock for Q4 2022, down 69% quarter-over-quarter.
- 26 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q4 2022 and 27 closed out, a net change of -1 holder.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q4 2022 was Millennium Management, an estimated $529K added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q4 2022 was Vanguard Group, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2022.