Planet Fitness
PLNT
176 hedge funds and large institutions have $1.77B invested in Planet Fitness in 2017 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 65 increasing their positions, 39 reducing their positions, and 26 closing their positions.
112% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 26
78% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $5.87M
67% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 39
14% more funds holding
Funds holding: 154 → 176 (+22)
7.37% more ownership
Funds ownership: 140.07% → 147.44% (+7.4%)
3% more capital invested
Capital invested by funds: $1.71B → $1.77B (+$59.9M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$69.8M |
| 2 |
NCA
Newbrook Capital Advisors
New York
|
+$56.8M |
| 3 |
BlackRock
New York
|
+$47.5M |
| 4 |
DCM
Daruma Capital Management
New York
|
+$31.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TM
TSG6 Management
San Francisco,
California
|
-$305M |
| 2 |
JP Morgan Chase
New York
|
-$17.3M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$13.9M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$12M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
-$11.6M |
PLNT Hedge Fund Activity: Q1 2017 in Review
176 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q1 2017, worth a combined $1.77B — up 3.5% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PLNT positions and 26 closed out — a net gain of 29 holders — while 65 added to existing stakes and 39 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $69.8M. The largest seller was TSG6 Management, cutting an estimated $305M.
- 176 institutional investors held Planet Fitness (PLNT) as of Q1 2017, up from 154 in Q4 2016.
- Funds reported $1.77B of Planet Fitness stock for Q1 2017, up 3.5% quarter-over-quarter.
- 55 funds opened new Planet Fitness positions in Q1 2017 and 26 closed out, a net change of +29 holders.
- The largest Planet Fitness buyer in Q1 2017 was Bank of New York Mellon, an estimated $69.8M added.
- The largest Planet Fitness seller in Q1 2017 was TSG6 Management, an estimated $305M sold.
Based on aggregated 13F filings for Q1 2017.