Shift Technologies, Inc. Class A Common Stock
SFT was delisted on the 18th of October, 2023.
30 hedge funds and large institutions have $94.1M invested in Shift Technologies, Inc. Class A Common Stock in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
32% more capital invested
Capital invested by funds: $71.2M → $94.1M (+$22.9M)
30% more funds holding
Funds holding: 23 → 30 (+7)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$6.33M |
| 2 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$6.29M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.7M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$3M |
| 5 |
Goldman Sachs
New York
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$5M |
| 2 |
CWM
CIBC World Markets
New York
|
-$4.9M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.2M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.6M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $347K | +$150K | +1,500 | +77% |
|
27
Walleye Capital
New York
| $140K | +$140K | +1,398 | New |
|
|
PAM
28
Panagora Asset Management
Boston,
Massachusetts
| $24K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $10K | -$84.9K | -850 | -89% |
|
|
FIG
30
Fortress Investment Group
New York
| – | -$5M | -50,000 | Closed |
|
|
CWM
31
CIBC World Markets
New York
| – | -$4.9M | -49,000 | Closed |
|
|
KIM
32
Karpus Investment Management
Pittsford,
New York
| – | -$1.55M | -15,550 | Closed |
|
|
LFG
33
Larson Financial Group
St Louis,
Missouri
| – | -$10K | -45 | Closed |
|
34
Morgan Stanley
New York
| – | -$3K | -33 | Closed |
|
SFT Hedge Fund Activity: Q1 2020 in Review
30 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Shift Technologies, Inc. Class A Common Stock (SFT) for Q1 2020, worth a combined $94.1M — up 32% from $71.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SFT positions and 5 closed out — a net gain of 7 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $6.33M. The largest seller was Fortress Investment Group, exiting entirely with an estimated $5M sold.
- 30 institutional investors held Shift Technologies, Inc. Class A Common Stock (SFT) as of Q1 2020, up from 23 in Q4 2019.
- Funds reported $94.1M of Shift Technologies, Inc. Class A Common Stock stock for Q1 2020, up 32% quarter-over-quarter.
- 12 funds opened new Shift Technologies, Inc. Class A Common Stock positions in Q1 2020 and 5 closed out, a net change of +7 holders.
- The largest Shift Technologies, Inc. Class A Common Stock buyer in Q1 2020 was Polar Asset Management Partners, an estimated $6.33M added.
- The largest Shift Technologies, Inc. Class A Common Stock seller in Q1 2020 was Fortress Investment Group, an estimated $5M sold.
Based on aggregated 13F filings for Q1 2020.