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Planet Fitness

342 hedge funds and large institutions have $6.95B invested in Planet Fitness in 2023 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 97 increasing their positions, 137 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $164M | Put options by funds: $96.7M

58% more capital invested

Capital invested by funds: $4.41B → $6.95B (+$2.54B)

50% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 50

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

7% more funds holding

Funds holding: 320342 (+22)

5.62% more ownership

Funds ownership: 105.72%111.34% (+5.6%)

29% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 137

Holders
342
Holders Change
+22
Holders Change %
+6.88%
% of All Funds
4.99%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.13%
New
75
Increased
97
Reduced
137
Closed
50
Calls
$164M
Puts
$96.7M
Net Calls
+$67.3M
Net Calls Change
+$39.7M
Name Holding Trade Value Shares
Change
Change in
Stake
LFAS
201
Level Four Advisory Services
Texas
$645K +$544K +8,842 New
SG
202
Sharper & Granite
California
$630K
AWA
203
Arkadios Wealth Advisors
Georgia
$627K +$27.7K +451 +6%
Marshall Wace
204
Marshall Wace
United Kingdom
$589K -$9.83M -159,877 -95%
FNC
205
First National Corp
Massachusetts
$579K
PAS
206
Park Avenue Securities
New York
$576K -$74K -1,204 -13%
VPIM
207
Vanguard Personalized Indexing Management
California
$565K +$476K +7,737 New
SAM
208
Securian Asset Management
Minnesota
$523K
BNP Paribas Financial Markets
209
BNP Paribas Financial Markets
France
$512K -$17M -276,599 -98%
JAFL
210
Jay A. Fishman Ltd
Michigan
$511K
LCM
211
Legato Capital Management
California
$497K +$418K +6,805 New
AC
212
AXQ Capital
New Jersey
$496K +$418K +6,800 New
Teacher Retirement System of Texas
213
Teacher Retirement System of Texas
Texas
$494K +$11.2K +182 +3%
GC
214
Guggenheim Capital
Illinois
$480K +$404K +6,569 New
Creative Planning
215
Creative Planning
Kansas
$470K -$24.2K -394 -6%
Citigroup
216
Citigroup
New York
$467K -$143K -2,319 -27%
CGH
217
Crossmark Global Holdings
Texas
$462K +$5.78K +94 +2%
MSRPS
218
Maryland State Retirement & Pension System
Maryland
$460K
CFGS
219
Concourse Financial Group Securities
Alabama
$451K -$25.7K -418 -6%
CAM
220
Cresset Asset Management
Illinois
$411K +$346K +5,629 New
TWM
221
TriaGen Wealth Management
California
$410K +$345K +5,619 New
Stifel Financial
222
Stifel Financial
Missouri
$405K -$49.9K -811 -13%
BTWM
223
Baker Tilly Wealth Management
Wisconsin
$401K +$338K +5,492 New
AIM
224
Aigen Investment Management
New York
$400K -$564K -9,168 -63%
SG Americas Securities
225
SG Americas Securities
New York
$395K -$143K -2,327 -30%

PLNT Hedge Fund Activity: Q4 2023 in Review

342 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q4 2023, worth a combined $6.95B — up 58% from $4.41B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new PLNT positions and 50 closed out — a net gain of 25 holders — while 97 added to existing stakes and 137 trimmed.

The largest buyer was Dorsal Capital Management, opening a new position worth an estimated $154M. The largest seller was Goldman Sachs, cutting an estimated $58.3M.

  • 342 institutional investors held Planet Fitness (PLNT) as of Q4 2023, up from 320 in Q3 2023.
  • Funds reported $6.95B of Planet Fitness stock for Q4 2023, up 58% quarter-over-quarter.
  • 75 funds opened new Planet Fitness positions in Q4 2023 and 50 closed out, a net change of +25 holders.
  • The largest Planet Fitness buyer in Q4 2023 was Dorsal Capital Management, an estimated $154M added.
  • The largest Planet Fitness seller in Q4 2023 was Goldman Sachs, an estimated $58.3M sold.

Based on aggregated 13F filings for Q4 2023.