Shift Technologies, Inc. Class A Common Stock
SFT was delisted on the 18th of October, 2023.
44 hedge funds and large institutions have $148M invested in Shift Technologies, Inc. Class A Common Stock in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 31 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
4.39% more ownership
Funds ownership: 76.77% → 81.17% (+4.4%)
4% less capital invested
Capital invested by funds: $154M → $148M (-$6.39M)
11% less call options, than puts
Call options by funds: $751K | Put options by funds: $843K
20% less funds holding
Funds holding: 55 → 44 (-11)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$17.6M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$14.7M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
+$7.64M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$5.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10M |
| 2 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$9.05M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$6.82M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.69M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.54M |
SFT Hedge Fund Activity: Q3 2020 in Review
44 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Shift Technologies, Inc. Class A Common Stock (SFT) for Q3 2020, worth a combined $148M — down 4.1% from $154M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SFT and 20 opened new positions — a net loss of 11 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $21M. The largest seller was Periscope Capital, exiting entirely with an estimated $10M sold.
- 44 institutional investors held Shift Technologies, Inc. Class A Common Stock (SFT) as of Q3 2020, down from 55 in Q2 2020.
- Funds reported $148M of Shift Technologies, Inc. Class A Common Stock stock for Q3 2020, down 4.1% quarter-over-quarter.
- 20 funds opened new Shift Technologies, Inc. Class A Common Stock positions in Q3 2020 and 31 closed out, a net change of -11 holders.
- The largest Shift Technologies, Inc. Class A Common Stock buyer in Q3 2020 was Fidelity Investments, an estimated $21M added.
- The largest Shift Technologies, Inc. Class A Common Stock seller in Q3 2020 was Periscope Capital, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2020.