Planet Fitness
PLNT
153 hedge funds and large institutions have $1.71B invested in Planet Fitness in 2016 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 78 increasing their positions, 29 reducing their positions, and 21 closing their positions.
3,139% more call options, than puts
Call options by funds: $2.56M | Put options by funds: $79K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
169% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 29
76% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 21
10% more funds holding
Funds holding: 139 → 153 (+14)
3% more capital invested
Capital invested by funds: $1.66B → $1.71B (+$48.5M)
27.87% less ownership
Funds ownership: 167.94% → 140.07% (-28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$90.3M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$39.2M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$26.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.6M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TM
TSG6 Management
San Francisco,
California
|
-$311M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$17.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$12.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$9.59M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.63M |
PLNT Hedge Fund Activity: Q4 2016 in Review
153 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q4 2016, worth a combined $1.71B — up 2.9% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PLNT positions and 21 closed out — a net gain of 16 holders — while 78 added to existing stakes and 29 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $90.3M. The largest seller was TSG6 Management, cutting an estimated $311M.
- 153 institutional investors held Planet Fitness (PLNT) as of Q4 2016, up from 139 in Q3 2016.
- Funds reported $1.71B of Planet Fitness stock for Q4 2016, up 2.9% quarter-over-quarter.
- 37 funds opened new Planet Fitness positions in Q4 2016 and 21 closed out, a net change of +16 holders.
- The largest Planet Fitness buyer in Q4 2016 was JP Morgan Chase, an estimated $90.3M added.
- The largest Planet Fitness seller in Q4 2016 was TSG6 Management, an estimated $311M sold.
Based on aggregated 13F filings for Q4 2016.