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Planet Fitness

139 hedge funds and large institutions have $1.66B invested in Planet Fitness in 2016 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 64 increasing their positions, 30 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,235% more call options, than puts

Call options by funds: $3.7M | Put options by funds: $277K

171% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 14

113% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 30

20% more funds holding

Funds holding: 116139 (+23)

7% more capital invested

Capital invested by funds: $1.56B → $1.66B (+$109M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

21.39% less ownership

Funds ownership: 189.33%167.94% (-21%)

Holders
139
Holders Change
+23
Holders Change %
+19.83%
% of All Funds
3.71%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
38
Increased
64
Reduced
30
Closed
14
Calls
$3.7M
Puts
$277K
Net Calls
+$3.42M
Net Calls Change
+$884K
Name Holding Trade Value Shares
Change
Change in
Stake
TM
1
TSG6 Management
California
$920M -$165M -7,999,999 -15%
AllianceBernstein
2
AllianceBernstein
Tennessee
$92.3M +$42.9M +2,082,758 +83%
Capital World Investors
3
Capital World Investors
California
$71.4M +$4.72M +229,000 +7%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$58.6M +$9.34M +453,440 +18%
Vanguard Group
5
Vanguard Group
Pennsylvania
$53.1M +$20.8M +1,007,740 +62%
Lord, Abbett & Co
6
Lord, Abbett & Co
New Jersey
$43.8M +$19M +920,490 +73%
Bank of America
7
Bank of America
North Carolina
$27.9M +$4.18M +203,190 +17%
Marshall Wace
8
Marshall Wace
United Kingdom
$24.2M +$16.8M +814,205 +207%
CRCP
9
Copper Rock Capital Partners
Massachusetts
$20.2M -$191K -9,254 -0.9%
EAM
10
Eagle Asset Management
Florida
$18.9M +$1.77M +85,852 +10%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$18.3M +$16.4M +796,400 +680%
Citadel Advisors
12
Citadel Advisors
Florida
$17.4M -$11.2M -541,907 -38%
Jennison Associates
13
Jennison Associates
New York
$17.1M +$9.31M +451,993 +113%
ECP
14
Elk Creek Partners
Colorado
$15.2M +$2.69M +130,440 +21%
WC
15
Weatherbie Capital
Massachusetts
$13.7M +$5.86M +284,771 +71%
Principal Financial Group
16
Principal Financial Group
Iowa
$13.1M +$1.02M +49,463 +8%
EMFAT
17
Emerald Mutual Fund Advisers Trust
Pennsylvania
$11.5M +$490K +23,780 +4%
Wells Fargo
18
Wells Fargo
California
$11.5M +$2.4M +116,468 +26%
EA
19
Emerald Advisers
Pennsylvania
$10.8M -$199K -9,648 -2%
BFA
20
BlackRock Fund Advisors
California
$9.68M +$2.27M +110,150 +30%
Norges Bank
21
Norges Bank
Norway
$9.59M +$10.3M +500,000 New
SAM
22
Sentinel Asset Management
Vermont
$8.67M +$1.59M +77,025 +22%
BIT
23
BlackRock Institutional Trust
California
$7.94M +$4.51M +218,975 +124%
SPPAM
24
Summit Partners Public Asset Management
Massachusetts
$7.84M +$5.98M +290,455 +290%
CCI
25
Columbus Circle Investors
$7.78M +$7.99M +387,822 New

PLNT Hedge Fund Activity: Q3 2016 in Review

139 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q3 2016, worth a combined $1.66B — up 7% from $1.56B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new PLNT positions and 14 closed out — a net gain of 24 holders — while 64 added to existing stakes and 30 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $42.9M. The largest seller was TSG6 Management, cutting an estimated $165M.

  • 139 institutional investors held Planet Fitness (PLNT) as of Q3 2016, up from 116 in Q2 2016.
  • Funds reported $1.66B of Planet Fitness stock for Q3 2016, up 7% quarter-over-quarter.
  • 38 funds opened new Planet Fitness positions in Q3 2016 and 14 closed out, a net change of +24 holders.
  • The largest Planet Fitness buyer in Q3 2016 was AllianceBernstein, an estimated $42.9M added.
  • The largest Planet Fitness seller in Q3 2016 was TSG6 Management, an estimated $165M sold.

Based on aggregated 13F filings for Q3 2016.