Planet Labs
172 hedge funds and large institutions have $303M invested in Planet Labs in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 27 closing their positions.
10% more call options, than puts
Call options by funds: $560K | Put options by funds: $508K
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1.88% less ownership
Funds ownership: 45.86% → 43.97% (-1.9%)
3% less funds holding
Funds holding: 178 → 172 (-6)
19% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 27
20% less capital invested
Capital invested by funds: $376M → $303M (-$74M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$2.49M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$2.22M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.83M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.31M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.49M |
| 2 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$3.58M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.77M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$831K |
| 5 |
PP
PDT Partners
New York
|
-$672K |
PL Hedge Fund Activity: Q3 2023 in Review
172 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Planet Labs (PL) for Q3 2023, worth a combined $303M — down 20% from $376M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PL and 22 opened new positions — a net loss of 5 holders — while 44 trimmed existing stakes and 48 added.
The largest buyer was GSA Capital Partners, adding an estimated $2.49M. The largest seller was BlackRock, cutting an estimated $6.49M.
- 172 institutional investors held Planet Labs (PL) as of Q3 2023, down from 178 in Q2 2023.
- Funds reported $303M of Planet Labs stock for Q3 2023, down 20% quarter-over-quarter.
- 22 funds opened new Planet Labs positions in Q3 2023 and 27 closed out, a net change of -5 holders.
- The largest Planet Labs buyer in Q3 2023 was GSA Capital Partners, an estimated $2.49M added.
- The largest Planet Labs seller in Q3 2023 was BlackRock, an estimated $6.49M sold.
Based on aggregated 13F filings for Q3 2023.