Planet Fitness
PLNT
341 hedge funds and large institutions have $7.29B invested in Planet Fitness in 2022 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 119 increasing their positions, 116 reducing their positions, and 50 closing their positions.
14% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 50
1% more funds holding
Funds holding: 337 → 341 (+4)
3% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 116
0.68% more ownership
Funds ownership: 102.61% → 103.29% (+0.68%)
6% less capital invested
Capital invested by funds: $7.73B → $7.29B (-$446M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
39% less call options, than puts
Call options by funds: $54.1M | Put options by funds: $89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
TSG Consumer Partners
Larkspur,
California
|
+$176M |
| 2 |
BlackRock
New York
|
+$161M |
| 3 |
Millennium Management
New York
|
+$56.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$41.4M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$39.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$119M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$92.8M |
| 3 |
Holocene Advisors
New York
|
-$81.2M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$79.1M |
| 5 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$38.4M |
PLNT Hedge Fund Activity: Q1 2022 in Review
341 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q1 2022, worth a combined $7.29B — down 5.8% from $7.73B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PLNT positions and 50 closed out — a net gain of 7 holders — while 119 added to existing stakes and 116 trimmed.
The largest buyer was TSG Consumer Partners, opening a new position worth an estimated $176M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $119M sold.
- 341 institutional investors held Planet Fitness (PLNT) as of Q1 2022, up from 337 in Q4 2021.
- Funds reported $7.29B of Planet Fitness stock for Q1 2022, down 5.8% quarter-over-quarter.
- 57 funds opened new Planet Fitness positions in Q1 2022 and 50 closed out, a net change of +7 holders.
- The largest Planet Fitness buyer in Q1 2022 was TSG Consumer Partners, an estimated $176M added.
- The largest Planet Fitness seller in Q1 2022 was Soroban Capital Partners, an estimated $119M sold.
Based on aggregated 13F filings for Q1 2022.