Planet Fitness
PLNT
308 hedge funds and large institutions have $5.95B invested in Planet Fitness in 2022 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 103 increasing their positions, 119 reducing their positions, and 58 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 6 → 12 (+6)
0.78% less ownership
Funds ownership: 103.29% → 102.51% (-0.78%)
10% less funds holding
Funds holding: 341 → 308 (-33)
13% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 119
18% less capital invested
Capital invested by funds: $7.29B → $5.95B (-$1.34B)
23% less call options, than puts
Call options by funds: $70M | Put options by funds: $90.8M
48% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$108M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$85.5M |
| 3 |
BCM
Bares Capital Management
Austin,
Texas
|
+$83M |
| 4 |
Holocene Advisors
New York
|
+$62.5M |
| 5 |
BBCM
Broad Bay Capital Management
New York
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$67.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$64.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$61M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$34.2M |
| 5 |
JCM
JS Capital Management
New York
|
-$24.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
T
351
TCWP
Beachwood,
Ohio
| – | -$2K | -29 | Closed |
|
352
Koshinski Asset Management
Decatur,
Illinois
| – | -$2.11K | -25 | Closed |
|
|
CI
353
Cordant Inc
Portland,
Oregon
| – | -$2K | -21 | Closed |
|
|
GWS
354
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.33K | -18 | -86% |
|
355
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -12 | Closed |
|
|
FMP
356
Financial Management Professionals
Austin,
Texas
| – | -$1K | -8 | Closed |
|
|
DI
357
Disciplined Investments
Tulsa,
Oklahoma
| – | -$369 | -5 | -45% |
|
|
PFBT
358
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$369 | -5 | -63% |
|
|
LF
359
Lee Financial
Dallas,
Texas
| – | +$148 | +2 | New |
|
|
BTI
360
Blue Trust Inc
Alpharetta,
Georgia
| – | +$222 | +3 | New |
|
|
CAL
361
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$296 | +4 | New |
|
|
SFG
362
Steward Financial Group
Colleyville,
Texas
| – | +$296 | +4 | New |
|
PLNT Hedge Fund Activity: Q2 2022 in Review
308 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q2 2022, worth a combined $5.95B — down 18% from $7.29B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of PLNT and 30 opened new positions — a net loss of 28 holders — while 119 trimmed existing stakes and 103 added.
The largest buyer was BlackRock, adding an estimated $108M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $67.6M sold.
- 308 institutional investors held Planet Fitness (PLNT) as of Q2 2022, down from 341 in Q1 2022.
- Funds reported $5.95B of Planet Fitness stock for Q2 2022, down 18% quarter-over-quarter.
- 30 funds opened new Planet Fitness positions in Q2 2022 and 58 closed out, a net change of -28 holders.
- The largest Planet Fitness buyer in Q2 2022 was BlackRock, an estimated $108M added.
- The largest Planet Fitness seller in Q2 2022 was Scopus Asset Management, an estimated $67.6M sold.
Based on aggregated 13F filings for Q2 2022.