Planet Fitness
PLNT
209 hedge funds and large institutions have $3.27B invested in Planet Fitness in 2017 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 73 increasing their positions, 74 reducing their positions, and 23 closing their positions.
302% more call options, than puts
Call options by funds: $8.85M | Put options by funds: $2.2M
120% more funds holding in top 10
Funds holding in top 10: 5 → 11 (+6)
100% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 23
20% more capital invested
Capital invested by funds: $2.72B → $3.27B (+$548M)
12% more funds holding
Funds holding: 187 → 209 (+22)
1% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 74
4.9% less ownership
Funds ownership: 117.58% → 112.68% (-4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.1M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$16.7M |
| 3 |
MRCP
Manor Road Capital Partners
New York
|
+$16.6M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$14.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$50.4M |
| 2 |
Bank of New York Mellon
New York
|
-$35.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$25.4M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$23.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$18.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
226
Highbridge Capital Management
New York
| – | -$343K | -12,726 | Closed |
|
|
N
227
Natixis
Paris,
France
| – | -$293K | -10,854 | Closed |
|
|
TRCT
228
Tower Research Capital (TRC)
New York
| – | -$249K | -8,430 | Closed |
|
229
Simplex Trading
Chicago,
Illinois
| – | -$59.6K | -2,014 | Closed |
|
|
MA
230
MUFG Americas
New York
| – | -$14K | -535 | Closed |
|
|
LWA
231
Lenox Wealth Advisors
New York
| – | -$3K | -124 | Closed |
|
PLNT Hedge Fund Activity: Q4 2017 in Review
209 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q4 2017, worth a combined $3.27B — up 20% from $2.72B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PLNT positions and 23 closed out — a net gain of 23 holders — while 73 added to existing stakes and 74 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $27.1M. The largest seller was PointState Capital, exiting entirely with an estimated $50.4M sold.
- 209 institutional investors held Planet Fitness (PLNT) as of Q4 2017, up from 187 in Q3 2017.
- Funds reported $3.27B of Planet Fitness stock for Q4 2017, up 20% quarter-over-quarter.
- 46 funds opened new Planet Fitness positions in Q4 2017 and 23 closed out, a net change of +23 holders.
- The largest Planet Fitness buyer in Q4 2017 was Wellington Management Group, an estimated $27.1M added.
- The largest Planet Fitness seller in Q4 2017 was PointState Capital, an estimated $50.4M sold.
Based on aggregated 13F filings for Q4 2017.