Planet Fitness
PLNT
340 hedge funds and large institutions have $6.01B invested in Planet Fitness in 2019 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 98 increasing their positions, 122 reducing their positions, and 51 closing their positions.
73% more call options, than puts
Call options by funds: $140M | Put options by funds: $81.3M
71% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 51
10% more funds holding
Funds holding: 309 → 340 (+31)
1% less capital invested
Capital invested by funds: $6.06B → $6.01B (-$45.7M)
6.86% less ownership
Funds ownership: 105.14% → 98.28% (-6.9%)
20% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 122
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$145M |
| 2 |
Millennium Management
New York
|
+$85.3M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$70.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$57.8M |
| 5 |
PC
Pelham Capital
London,
United Kingdom
|
+$50.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$164M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$85.5M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$62.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$53.6M |
| 5 |
State Street
Boston,
Massachusetts
|
-$50M |
PLNT Hedge Fund Activity: Q2 2019 in Review
340 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q2 2019, worth a combined $6.01B — down 0.75% from $6.06B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new PLNT positions and 51 closed out — a net gain of 36 holders — while 98 added to existing stakes and 122 trimmed.
The largest buyer was Invesco, adding an estimated $145M. The largest seller was BlackRock, cutting an estimated $164M.
- 340 institutional investors held Planet Fitness (PLNT) as of Q2 2019, up from 309 in Q1 2019.
- Funds reported $6.01B of Planet Fitness stock for Q2 2019, down 0.75% quarter-over-quarter.
- 87 funds opened new Planet Fitness positions in Q2 2019 and 51 closed out, a net change of +36 holders.
- The largest Planet Fitness buyer in Q2 2019 was Invesco, an estimated $145M added.
- The largest Planet Fitness seller in Q2 2019 was BlackRock, an estimated $164M sold.
Based on aggregated 13F filings for Q2 2019.