Planet Labs
78 hedge funds and large institutions have $279M invested in Planet Labs in 2021 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 14 closing their positions.
200% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 14
56% more funds holding
Funds holding: 50 → 78 (+28)
43% more capital invested
Capital invested by funds: $195M → $279M (+$83.7M)
23.66% more ownership
Funds ownership: 57.94% → 81.6% (+24%)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$12.2M |
| 2 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
+$11.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$9.9M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$9.81M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$8.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$11.7M |
| 2 |
GL
Governors Lane
New York
|
-$7.92M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$6.41M |
| 4 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$5.65M |
| 5 |
SC
Sculptor Capital
New York
|
-$4.56M |
PL Hedge Fund Activity: Q3 2021 in Review
78 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Planet Labs (PL) for Q3 2021, worth a combined $279M — up 43% from $195M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PL positions and 14 closed out — a net gain of 28 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $12.2M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $11.7M sold.
- 78 institutional investors held Planet Labs (PL) as of Q3 2021, up from 50 in Q2 2021.
- Funds reported $279M of Planet Labs stock for Q3 2021, up 43% quarter-over-quarter.
- 42 funds opened new Planet Labs positions in Q3 2021 and 14 closed out, a net change of +28 holders.
- The largest Planet Labs buyer in Q3 2021 was Magnetar Financial, an estimated $12.2M added.
- The largest Planet Labs seller in Q3 2021 was Polar Asset Management Partners, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2021.