Planet Fitness
PLNT
268 hedge funds and large institutions have $4.72B invested in Planet Fitness in 2018 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 84 increasing their positions, 104 reducing their positions, and 50 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 5 → 15 (+10)
0.89% less ownership
Funds ownership: 101.03% → 100.14% (-0.89%)
2% less capital invested
Capital invested by funds: $4.81B → $4.72B (-$95.9M)
2% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 50
1% less funds holding
Funds holding: 271 → 268 (-3)
19% less call options, than puts
Call options by funds: $47.8M | Put options by funds: $58.7M
19% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$134M |
| 2 |
JP Morgan Chase
New York
|
+$27.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$24.7M |
| 4 |
Renaissance Technologies
New York
|
+$21.3M |
| 5 |
MCM
Moore Capital Management
New York
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$54.3M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$48.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$41.1M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$34.4M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$32.4M |
PLNT Hedge Fund Activity: Q4 2018 in Review
268 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q4 2018, worth a combined $4.72B — down 2% from $4.81B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PLNT and 49 opened new positions — a net loss of 1 holder — while 104 trimmed existing stakes and 84 added.
The largest buyer was Fidelity Investments, adding an estimated $134M. The largest seller was Bank of New York Mellon, cutting an estimated $54.3M.
- 268 institutional investors held Planet Fitness (PLNT) as of Q4 2018, down from 271 in Q3 2018.
- Funds reported $4.72B of Planet Fitness stock for Q4 2018, down 2% quarter-over-quarter.
- 49 funds opened new Planet Fitness positions in Q4 2018 and 50 closed out, a net change of -1 holder.
- The largest Planet Fitness buyer in Q4 2018 was Fidelity Investments, an estimated $134M added.
- The largest Planet Fitness seller in Q4 2018 was Bank of New York Mellon, an estimated $54.3M sold.
Based on aggregated 13F filings for Q4 2018.