Planet Fitness
PLNT
348 hedge funds and large institutions have $7.54B invested in Planet Fitness in 2024 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 89 increasing their positions, 152 reducing their positions, and 44 closing their positions.
39% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 44
7% more capital invested
Capital invested by funds: $7.02B → $7.54B (+$521M)
4% more funds holding
Funds holding: 334 → 348 (+14)
0.81% more ownership
Funds ownership: 109% → 109.8% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
26% less call options, than puts
Call options by funds: $69.1M | Put options by funds: $93.6M
41% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 152
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$418M |
| 2 |
JP Morgan Chase
New York
|
+$97.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$40.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$36.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$145M |
| 2 |
SIM
SRS Investment Management
New York
|
-$110M |
| 3 |
SC
Samlyn Capital
New York
|
-$82.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$79.9M |
| 5 |
CCM
Cadian Capital Management
New York
|
-$66.8M |
PLNT Hedge Fund Activity: Q3 2024 in Review
348 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q3 2024, worth a combined $7.54B — up 7.4% from $7.02B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new PLNT positions and 44 closed out — a net gain of 17 holders — while 89 added to existing stakes and 152 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $418M. The largest seller was Citadel Advisors, cutting an estimated $145M.
- 348 institutional investors held Planet Fitness (PLNT) as of Q3 2024, up from 334 in Q2 2024.
- Funds reported $7.54B of Planet Fitness stock for Q3 2024, up 7.4% quarter-over-quarter.
- 61 funds opened new Planet Fitness positions in Q3 2024 and 44 closed out, a net change of +17 holders.
- The largest Planet Fitness buyer in Q3 2024 was T. Rowe Price Investment Management, an estimated $418M added.
- The largest Planet Fitness seller in Q3 2024 was Citadel Advisors, an estimated $145M sold.
Based on aggregated 13F filings for Q3 2024.