Planet Labs
165 hedge funds and large institutions have $300M invested in Planet Labs in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 48 increasing their positions, 51 reducing their positions, and 21 closing their positions.
78% more call options, than puts
Call options by funds: $599K | Put options by funds: $336K
0% more capital invested
Capital invested by funds: $299M → $300M (+$430K)
6% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 51
1.39% less ownership
Funds ownership: 45.45% → 44.07% (-1.4%)
7% less funds holding
Funds holding: 177 → 165 (-12)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.72M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$645K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$590K |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$469K |
| 5 |
Millennium Management
New York
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.83M |
| 2 |
BCM
Bienville Capital Management
New York
|
-$1.64M |
| 3 |
MP
MSD Partners
New York
|
-$1.45M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$835K |
| 5 |
BlackRock
New York
|
-$535K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
176
Dynamic Technology Lab
Singapore
| – | -$34K | -13,614 | Closed |
|
|
KA
177
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$30.7K | -12,419 | Closed |
|
178
LPL Financial
San Diego,
California
| – | -$27.8K | -11,254 | Closed |
|
|
BFG
179
Bleakley Financial Group
Fairfield,
New Jersey
| – | -$27.8K | -11,237 | Closed |
|
|
RWM
180
Ritholtz Wealth Management
New York
| – | -$27.6K | -11,168 | Closed |
|
|
IUHSA
181
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$19.9K | -8,049 | Closed |
|
|
NA
182
NewEdge Advisors
New Orleans,
Louisiana
| – | -$6.44K | -2,850 | Closed |
|
183
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$625 | -253 | Closed |
|
184
Simplex Trading
Chicago,
Illinois
| – | -$506 | -224 | Closed |
|
|
C
185
Covestor
London,
United Kingdom
| – | +$38 | +17 | +68% |
|
|
CAL
186
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$262 | +116 | New |
|
PL Hedge Fund Activity: Q1 2024 in Review
165 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Planet Labs (PL) for Q1 2024, worth a combined $300M — up 0.14% from $299M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PL and 15 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 48 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $3.72M. The largest seller was Morgan Stanley, cutting an estimated $2.83M.
- 165 institutional investors held Planet Labs (PL) as of Q1 2024, down from 177 in Q4 2023.
- Funds reported $300M of Planet Labs stock for Q1 2024, up 0.14% quarter-over-quarter.
- 15 funds opened new Planet Labs positions in Q1 2024 and 21 closed out, a net change of -6 holders.
- The largest Planet Labs buyer in Q1 2024 was Franklin Resources, an estimated $3.72M added.
- The largest Planet Labs seller in Q1 2024 was Morgan Stanley, an estimated $2.83M sold.
Based on aggregated 13F filings for Q1 2024.