Planet Fitness
PLNT
116 hedge funds and large institutions have $1.56B invested in Planet Fitness in 2016 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 49 increasing their positions, 19 reducing their positions, and 9 closing their positions.
333% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 9
172% more call options, than puts
Call options by funds: $4.01M | Put options by funds: $1.47M
158% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 19
35% more funds holding
Funds holding: 86 → 116 (+30)
15% more capital invested
Capital invested by funds: $1.35B → $1.56B (+$204M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
38.3% less ownership
Funds ownership: 227.63% → 189.33% (-38%)
Top Buyers
Top Sellers
| 1 |
TM
TSG6 Management
San Francisco,
California
|
-$188M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$17.2M |
| 3 |
FAM
Fred Alger Management
New York
|
-$3.89M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$3.65M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -73 | Closed |
|
PLNT Hedge Fund Activity: Q2 2016 in Review
116 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q2 2016, worth a combined $1.56B — up 15% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PLNT positions and 9 closed out — a net gain of 30 holders — while 49 added to existing stakes and 19 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $29.2M. The largest seller was TSG6 Management, cutting an estimated $188M.
- 116 institutional investors held Planet Fitness (PLNT) as of Q2 2016, up from 86 in Q1 2016.
- Funds reported $1.56B of Planet Fitness stock for Q2 2016, up 15% quarter-over-quarter.
- 39 funds opened new Planet Fitness positions in Q2 2016 and 9 closed out, a net change of +30 holders.
- The largest Planet Fitness buyer in Q2 2016 was Wellington Management Group, an estimated $29.2M added.
- The largest Planet Fitness seller in Q2 2016 was TSG6 Management, an estimated $188M sold.
Based on aggregated 13F filings for Q2 2016.