Planet Fitness
PLNT
327 hedge funds and large institutions have $6.52B invested in Planet Fitness in 2021 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 137 increasing their positions, 82 reducing their positions, and 60 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 82
12% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 60
1% more funds holding
Funds holding: 323 → 327 (+4)
3% more call options, than puts
Call options by funds: $116M | Put options by funds: $112M
4% less capital invested
Capital invested by funds: $6.8B → $6.52B (-$281M)
5.61% less ownership
Funds ownership: 107.06% → 101.44% (-5.6%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
Top Sellers
| 1 |
TP
Third Point
New York
|
-$179M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$127M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$121M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$81.8M |
| 5 |
BlackRock
New York
|
-$67.5M |
PLNT Hedge Fund Activity: Q1 2021 in Review
327 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q1 2021, worth a combined $6.52B — down 4.1% from $6.8B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new PLNT positions and 60 closed out — a net gain of 7 holders — while 137 added to existing stakes and 82 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $106M. The largest seller was Third Point, exiting entirely with an estimated $179M sold.
- 327 institutional investors held Planet Fitness (PLNT) as of Q1 2021, up from 323 in Q4 2020.
- Funds reported $6.52B of Planet Fitness stock for Q1 2021, down 4.1% quarter-over-quarter.
- 67 funds opened new Planet Fitness positions in Q1 2021 and 60 closed out, a net change of +7 holders.
- The largest Planet Fitness buyer in Q1 2021 was Morgan Stanley, an estimated $106M added.
- The largest Planet Fitness seller in Q1 2021 was Third Point, an estimated $179M sold.
Based on aggregated 13F filings for Q1 2021.