Planet Fitness
PLNT
299 hedge funds and large institutions have $5.36B invested in Planet Fitness in 2020 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 88 increasing their positions, 115 reducing their positions, and 64 closing their positions.
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
28% more capital invested
Capital invested by funds: $4.17B → $5.36B (+$1.18B)
0.14% more ownership
Funds ownership: 110.58% → 110.72% (+0.14%)
1% less funds holding
Funds holding: 302 → 299 (-3)
1% less call options, than puts
Call options by funds: $147M | Put options by funds: $149M
2% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 64
23% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 115
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$424M |
| 2 |
TCM
Tybourne Capital Management
Hong Kong
|
+$131M |
| 3 |
SIM
SRS Investment Management
New York
|
+$95.5M |
| 4 |
SC
Samlyn Capital
New York
|
+$91.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$71.5M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$269M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$135M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$87.2M |
| 4 |
VM
Valinor Management
New York
|
-$62.5M |
| 5 |
PC
Pelham Capital
London,
United Kingdom
|
-$51.5M |
PLNT Hedge Fund Activity: Q2 2020 in Review
299 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q2 2020, worth a combined $5.36B — up 28% from $4.17B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of PLNT and 63 opened new positions — a net loss of 1 holder — while 115 trimmed existing stakes and 88 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $424M. The largest seller was Fidelity Investments, cutting an estimated $269M.
- 299 institutional investors held Planet Fitness (PLNT) as of Q2 2020, down from 302 in Q1 2020.
- Funds reported $5.36B of Planet Fitness stock for Q2 2020, up 28% quarter-over-quarter.
- 63 funds opened new Planet Fitness positions in Q2 2020 and 64 closed out, a net change of -1 holder.
- The largest Planet Fitness buyer in Q2 2020 was T. Rowe Price Associates, an estimated $424M added.
- The largest Planet Fitness seller in Q2 2020 was Fidelity Investments, an estimated $269M sold.
Based on aggregated 13F filings for Q2 2020.