Planet Fitness
PLNT
237 hedge funds and large institutions have $4.03B invested in Planet Fitness in 2018 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 90 increasing their positions, 80 reducing their positions, and 32 closing their positions.
31% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 32
13% more capital invested
Capital invested by funds: $3.55B → $4.03B (+$474M)
13% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 80
3% more funds holding
Funds holding: 229 → 237 (+8)
10% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $14.9M
3.03% less ownership
Funds ownership: 107.53% → 104.5% (-3%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$83.3M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$49.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.2M |
| 4 |
BlackRock
New York
|
+$23.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$58.8M |
| 2 |
NCA
Newbrook Capital Advisors
New York
|
-$45.1M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$38.9M |
| 4 |
MCM
Moore Capital Management
New York
|
-$32.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$30.4M |
PLNT Hedge Fund Activity: Q2 2018 in Review
237 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q2 2018, worth a combined $4.03B — up 13% from $3.55B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PLNT positions and 32 closed out — a net gain of 10 holders — while 90 added to existing stakes and 80 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $83.3M. The largest seller was Bank of New York Mellon, cutting an estimated $58.8M.
- 237 institutional investors held Planet Fitness (PLNT) as of Q2 2018, up from 229 in Q1 2018.
- Funds reported $4.03B of Planet Fitness stock for Q2 2018, up 13% quarter-over-quarter.
- 42 funds opened new Planet Fitness positions in Q2 2018 and 32 closed out, a net change of +10 holders.
- The largest Planet Fitness buyer in Q2 2018 was Fidelity Investments, an estimated $83.3M added.
- The largest Planet Fitness seller in Q2 2018 was Bank of New York Mellon, an estimated $58.8M sold.
Based on aggregated 13F filings for Q2 2018.