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Planet Fitness

342 hedge funds and large institutions have $6.95B invested in Planet Fitness in 2023 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 97 increasing their positions, 137 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $164M | Put options by funds: $96.7M

58% more capital invested

Capital invested by funds: $4.41B → $6.95B (+$2.54B)

50% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 50

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

7% more funds holding

Funds holding: 320342 (+22)

5.62% more ownership

Funds ownership: 105.72%111.34% (+5.6%)

29% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 137

Holders
342
Holders Change
+22
Holders Change %
+6.88%
% of All Funds
4.99%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.13%
New
75
Increased
97
Reduced
137
Closed
50
Calls
$164M
Puts
$96.7M
Net Calls
+$67.3M
Net Calls Change
+$39.7M

PLNT Hedge Fund Activity: Q4 2023 in Review

342 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q4 2023, worth a combined $6.95B — up 58% from $4.41B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new PLNT positions and 50 closed out — a net gain of 25 holders — while 97 added to existing stakes and 137 trimmed.

The largest buyer was Dorsal Capital Management, opening a new position worth an estimated $154M. The largest seller was Goldman Sachs, cutting an estimated $58.3M.

  • 342 institutional investors held Planet Fitness (PLNT) as of Q4 2023, up from 320 in Q3 2023.
  • Funds reported $6.95B of Planet Fitness stock for Q4 2023, up 58% quarter-over-quarter.
  • 75 funds opened new Planet Fitness positions in Q4 2023 and 50 closed out, a net change of +25 holders.
  • The largest Planet Fitness buyer in Q4 2023 was Dorsal Capital Management, an estimated $154M added.
  • The largest Planet Fitness seller in Q4 2023 was Goldman Sachs, an estimated $58.3M sold.

Based on aggregated 13F filings for Q4 2023.