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Planet Fitness

303 hedge funds and large institutions have $4.76B invested in Planet Fitness in 2019 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 101 increasing their positions, 123 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more call options, than puts

Call options by funds: $89.5M | Put options by funds: $65.7M

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

0.46% less ownership

Funds ownership: 98.28%97.81% (-0.46%)

11% less funds holding

Funds holding: 340303 (-37)

18% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 123

21% less capital invested

Capital invested by funds: $6.01B → $4.76B (-$1.26B)

48% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 77

Holders
303
Holders Change
-37
Holders Change %
-10.88%
% of All Funds
6.64%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.22%
New
40
Increased
101
Reduced
123
Closed
77
Calls
$89.5M
Puts
$65.7M
Net Calls
+$23.8M
Net Calls Change
-$35.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$52.9M -$32.5M -460,940 -34%
Victory Capital Management
27
Victory Capital Management
Texas
$50.7M +$22.4M +317,330 +57%
JP Morgan Chase
28
JP Morgan Chase
New York
$50.6M -$18.7M -264,703 -23%
Wells Fargo
29
Wells Fargo
California
$50.4M -$11.5M -163,727 -16%
Arrowstreet Capital
30
Arrowstreet Capital
Massachusetts
$49.9M +$42.8M +607,379 +238%
BAMCO Inc
31
BAMCO Inc
New York
$46.3M
N
32
Nuveen
North Carolina
$45.6M +$15.1M +214,147 +37%
WA
33
Wasatch Advisors
Utah
$44.6M +$152K +2,156 +0.3%
Squarepoint
34
Squarepoint
New York
$43.3M +$52.7M +748,498 New
Norges Bank
35
Norges Bank
Norway
$40.6M -$3.22M -45,636 -6%
Loomis, Sayles & Company
36
Loomis, Sayles & Company
Massachusetts
$39.7M -$1.37M -19,391 -3%
EA
37
Emerald Advisers
Pennsylvania
$36M -$3.23M -45,860 -7%
D.E. Shaw & Co
38
D.E. Shaw & Co
New York
$35.9M +$18.1M +256,458 +70%
Two Sigma Investments
39
Two Sigma Investments
New York
$35.7M +$7.34M +104,117 +20%
EPC
40
Emerson Point Capital
New York
$35M +$13.5M +192,193 +47%
EMFAT
41
Emerald Mutual Fund Advisers Trust
Pennsylvania
$34.7M -$957K -13,580 -2%
Goldman Sachs
42
Goldman Sachs
New York
$34M -$24.2M -343,222 -37%
Renaissance Technologies
43
Renaissance Technologies
New York
$33.3M +$9.77M +138,600 +32%
Charles Schwab
44
Charles Schwab
California
$31.1M +$13M +184,387 +52%
WCA
45
Waratah Capital Advisors
Ontario, Canada
$29.1M -$7.89M -111,941 -18%
1832 Asset Management
46
1832 Asset Management
Ontario, Canada
$28.1M +$1.93M +27,453 +6%
NCA
47
Newbrook Capital Advisors
New York
$26.5M -$792K -11,240 -2%
Thrivent Financial for Lutherans
48
Thrivent Financial for Lutherans
Minnesota
$25.6M +$934K +13,249 +3%
Principal Financial Group
49
Principal Financial Group
Iowa
$24.6M -$79.5K -1,128 -0.3%
Northern Trust
50
Northern Trust
Illinois
$24.4M -$44.9M -636,708 -60%

PLNT Hedge Fund Activity: Q3 2019 in Review

303 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q3 2019, worth a combined $4.76B — down 21% from $6.01B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of PLNT and 40 opened new positions — a net loss of 37 holders — while 123 trimmed existing stakes and 101 added.

The largest buyer was Ameriprise, adding an estimated $139M. The largest seller was Lord, Abbett & Co, cutting an estimated $85.3M.

  • 303 institutional investors held Planet Fitness (PLNT) as of Q3 2019, down from 340 in Q2 2019.
  • Funds reported $4.76B of Planet Fitness stock for Q3 2019, down 21% quarter-over-quarter.
  • 40 funds opened new Planet Fitness positions in Q3 2019 and 77 closed out, a net change of -37 holders.
  • The largest Planet Fitness buyer in Q3 2019 was Ameriprise, an estimated $139M added.
  • The largest Planet Fitness seller in Q3 2019 was Lord, Abbett & Co, an estimated $85.3M sold.

Based on aggregated 13F filings for Q3 2019.