Shift Technologies, Inc. Class A Common Stock
SFT was delisted on the 18th of October, 2023.
87 hedge funds and large institutions have $60.9M invested in Shift Technologies, Inc. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 26 closing their positions.
8% more call options, than puts
Call options by funds: $2.07M | Put options by funds: $1.91M
8% less funds holding
Funds holding: 95 → 87 (-8)
12.75% less ownership
Funds ownership: 46.16% → 33.42% (-13%)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
52% less capital invested
Capital invested by funds: $128M → $60.9M (-$67.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.89M |
| 2 |
SG Americas Securities
New York
|
+$1.56M |
| 3 |
Renaissance Technologies
New York
|
+$1.05M |
| 4 |
Lazard Asset Management
New York
|
+$1.03M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$805K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.18M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.58M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$3.46M |
| 4 |
Two Sigma Investments
New York
|
-$2.69M |
| 5 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$2.57M |
SFT Hedge Fund Activity: Q1 2022 in Review
87 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Shift Technologies, Inc. Class A Common Stock (SFT) for Q1 2022, worth a combined $60.9M — down 52% from $128M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SFT and 18 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 22 added.
The largest buyer was JP Morgan Chase, adding an estimated $1.89M. The largest seller was Millennium Management, exiting entirely with an estimated $7.18M sold.
- 87 institutional investors held Shift Technologies, Inc. Class A Common Stock (SFT) as of Q1 2022, down from 95 in Q4 2021.
- Funds reported $60.9M of Shift Technologies, Inc. Class A Common Stock stock for Q1 2022, down 52% quarter-over-quarter.
- 18 funds opened new Shift Technologies, Inc. Class A Common Stock positions in Q1 2022 and 26 closed out, a net change of -8 holders.
- The largest Shift Technologies, Inc. Class A Common Stock buyer in Q1 2022 was JP Morgan Chase, an estimated $1.89M added.
- The largest Shift Technologies, Inc. Class A Common Stock seller in Q1 2022 was Millennium Management, an estimated $7.18M sold.
Based on aggregated 13F filings for Q1 2022.