Planet Fitness
PLNT
187 hedge funds and large institutions have $2.72B invested in Planet Fitness in 2017 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 71 reducing their positions, and 24 closing their positions.
474% more call options, than puts
Call options by funds: $16.3M | Put options by funds: $2.84M
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
14% more capital invested
Capital invested by funds: $2.37B → $2.72B (+$343M)
4% more funds holding
Funds holding: 179 → 187 (+8)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 71
22.68% less ownership
Funds ownership: 140.26% → 117.58% (-23%)
Top Buyers
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$104M |
| 2 |
PC
PointState Capital
New York
|
+$45.4M |
| 3 |
Bank of New York Mellon
New York
|
+$21.9M |
| 4 |
HCM
Hitchwood Capital Management
New York
|
+$14.6M |
| 5 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$12.8M |
Top Sellers
| 1 |
MWNA
Marshall Wace North America
New York
|
-$43.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$23.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20.5M |
| 4 |
Renaissance Technologies
New York
|
-$18.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.3M |
PLNT Hedge Fund Activity: Q3 2017 in Review
187 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q3 2017, worth a combined $2.72B — up 14% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PLNT positions and 24 closed out — a net gain of 12 holders — while 63 added to existing stakes and 71 trimmed.
The largest buyer was Ninety One (UK), opening a new position worth an estimated $104M. The largest seller was Marshall Wace North America, cutting an estimated $43.3M.
- 187 institutional investors held Planet Fitness (PLNT) as of Q3 2017, up from 179 in Q2 2017.
- Funds reported $2.72B of Planet Fitness stock for Q3 2017, up 14% quarter-over-quarter.
- 36 funds opened new Planet Fitness positions in Q3 2017 and 24 closed out, a net change of +12 holders.
- The largest Planet Fitness buyer in Q3 2017 was Ninety One (UK), an estimated $104M added.
- The largest Planet Fitness seller in Q3 2017 was Marshall Wace North America, an estimated $43.3M sold.
Based on aggregated 13F filings for Q3 2017.