Planet Fitness
PLNT
179 hedge funds and large institutions have $2.37B invested in Planet Fitness in 2017 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 92 increasing their positions, 33 reducing their positions, and 39 closing their positions.
6,780% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $215K
179% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 33
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
34% more capital invested
Capital invested by funds: $1.77B → $2.37B (+$601M)
10% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 39
2% more funds holding
Funds holding: 175 → 179 (+4)
7.18% less ownership
Funds ownership: 147.44% → 140.26% (-7.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$52.4M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$37.4M |
| 3 |
JCM
Junto Capital Management
New York
|
+$33.4M |
| 4 |
DP
DSAM Partners
London,
United Kingdom
|
+$32.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$73.8M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$36.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$16.4M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$8.19M |
| 5 |
SIM
Spark Investment Management
New York
|
-$7.72M |
PLNT Hedge Fund Activity: Q2 2017 in Review
179 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q2 2017, worth a combined $2.37B — up 34% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PLNT positions and 39 closed out — a net gain of 4 holders — while 92 added to existing stakes and 33 trimmed.
The largest buyer was BlackRock, adding an estimated $52.4M. The largest seller was JP Morgan Chase, cutting an estimated $73.8M.
- 179 institutional investors held Planet Fitness (PLNT) as of Q2 2017, up from 175 in Q1 2017.
- Funds reported $2.37B of Planet Fitness stock for Q2 2017, up 34% quarter-over-quarter.
- 43 funds opened new Planet Fitness positions in Q2 2017 and 39 closed out, a net change of +4 holders.
- The largest Planet Fitness buyer in Q2 2017 was BlackRock, an estimated $52.4M added.
- The largest Planet Fitness seller in Q2 2017 was JP Morgan Chase, an estimated $73.8M sold.
Based on aggregated 13F filings for Q2 2017.