Shift Technologies, Inc. Class A Common Stock
SFT was delisted on the 18th of October, 2023.
58 hedge funds and large institutions have $11M invested in Shift Technologies, Inc. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 25 reducing their positions, and 17 closing their positions.
29% more call options, than puts
Call options by funds: $625K | Put options by funds: $486K
6.02% less ownership
Funds ownership: 24.42% → 18.4% (-6%)
19% less funds holding
Funds holding: 72 → 58 (-14)
21% less capital invested
Capital invested by funds: $13.9M → $11M (-$2.97M)
68% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 25
82% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$187K |
| 2 |
JG
Jefferies Group
New York
|
+$95.8K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$27.9K |
| 4 |
NYLIM
New York Life Investment Management
New York
|
+$16.1K |
| 5 |
Renaissance Technologies
New York
|
+$14.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.36M |
| 2 |
Goldman Sachs
New York
|
-$603K |
| 3 |
Charles Schwab
San Francisco,
California
|
-$257K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$247K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$238K |
SFT Hedge Fund Activity: Q3 2022 in Review
58 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Shift Technologies, Inc. Class A Common Stock (SFT) for Q3 2022, worth a combined $11M — down 21% from $13.9M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SFT and 3 opened new positions — a net loss of 14 holders — while 25 trimmed existing stakes and 8 added.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $187K. The largest seller was Nantahala Capital Management, cutting an estimated $2.36M.
- 58 institutional investors held Shift Technologies, Inc. Class A Common Stock (SFT) as of Q3 2022, down from 72 in Q2 2022.
- Funds reported $11M of Shift Technologies, Inc. Class A Common Stock stock for Q3 2022, down 21% quarter-over-quarter.
- 3 funds opened new Shift Technologies, Inc. Class A Common Stock positions in Q3 2022 and 17 closed out, a net change of -14 holders.
- The largest Shift Technologies, Inc. Class A Common Stock buyer in Q3 2022 was BNP Paribas Financial Markets, an estimated $187K added.
- The largest Shift Technologies, Inc. Class A Common Stock seller in Q3 2022 was Nantahala Capital Management, an estimated $2.36M sold.
Based on aggregated 13F filings for Q3 2022.