Planet Fitness
PLNT
304 hedge funds and large institutions have $6.62B invested in Planet Fitness in 2021 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 116 increasing their positions, 103 reducing their positions, and 41 closing their positions.
45% more call options, than puts
Call options by funds: $113M | Put options by funds: $78M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
13% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 103
4% more capital invested
Capital invested by funds: $6.39B → $6.62B (+$227M)
0.87% less ownership
Funds ownership: 102.06% → 101.19% (-0.87%)
3% less funds holding
Funds holding: 312 → 304 (-8)
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$219M |
| 2 |
Amundi
Paris,
France
|
+$124M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$99.6M |
| 4 |
Holocene Advisors
New York
|
+$80M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$59.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$157M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$93.2M |
| 3 |
Morgan Stanley
New York
|
-$81M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$78.9M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$77.2M |
PLNT Hedge Fund Activity: Q3 2021 in Review
304 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q3 2021, worth a combined $6.62B — up 3.5% from $6.39B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PLNT and 36 opened new positions — a net loss of 5 holders — while 103 trimmed existing stakes and 116 added.
The largest buyer was Soroban Capital Partners, adding an estimated $219M. The largest seller was Macquarie Group, cutting an estimated $157M.
- 304 institutional investors held Planet Fitness (PLNT) as of Q3 2021, down from 312 in Q2 2021.
- Funds reported $6.62B of Planet Fitness stock for Q3 2021, up 3.5% quarter-over-quarter.
- 36 funds opened new Planet Fitness positions in Q3 2021 and 41 closed out, a net change of -5 holders.
- The largest Planet Fitness buyer in Q3 2021 was Soroban Capital Partners, an estimated $219M added.
- The largest Planet Fitness seller in Q3 2021 was Macquarie Group, an estimated $157M sold.
Based on aggregated 13F filings for Q3 2021.