SmileDirectClub, Inc. Class A Common Stock
SDC
SDC was delisted on the 3rd of October, 2023.
82 hedge funds and large institutions have $6.6M invested in SmileDirectClub, Inc. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 27 reducing their positions, and 19 closing their positions.
8% more call options, than puts
Call options by funds: $949K | Put options by funds: $879K
1.43% less ownership
Funds ownership: 13.29% → 11.86% (-1.4%)
9% less funds holding
Funds holding: 90 → 82 (-8)
28% less capital invested
Capital invested by funds: $9.22M → $6.6M (-$2.62M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
52% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$168K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$137K |
| 3 |
Barclays
London,
United Kingdom
|
+$133K |
| 4 |
CF
Cantor Fitzgerald
New York
|
+$115K |
| 5 |
F1I
Fund 1 Investments
Rincon,
Puerto Rico
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$999K |
| 2 |
Renaissance Technologies
New York
|
-$141K |
| 3 |
IIC
Integrated Investment Consultants
Bloomfield Hills,
Michigan
|
-$88.9K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$58.9K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$51.5K |
SDC Hedge Fund Activity: Q3 2023 in Review
82 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in SmileDirectClub, Inc. Class A Common Stock (SDC) for Q3 2023, worth a combined $6.6M — down 28% from $9.22M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SDC and 11 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 13 added.
The largest buyer was GSA Capital Partners, adding an estimated $168K. The largest seller was Prentice Capital Management, cutting an estimated $999K.
- 82 institutional investors held SmileDirectClub, Inc. Class A Common Stock (SDC) as of Q3 2023, down from 90 in Q2 2023.
- Funds reported $6.6M of SmileDirectClub, Inc. Class A Common Stock stock for Q3 2023, down 28% quarter-over-quarter.
- 11 funds opened new SmileDirectClub, Inc. Class A Common Stock positions in Q3 2023 and 19 closed out, a net change of -8 holders.
- The largest SmileDirectClub, Inc. Class A Common Stock buyer in Q3 2023 was GSA Capital Partners, an estimated $168K added.
- The largest SmileDirectClub, Inc. Class A Common Stock seller in Q3 2023 was Prentice Capital Management, an estimated $999K sold.
Based on aggregated 13F filings for Q3 2023.