Planet Fitness
PLNT
309 hedge funds and large institutions have $6.06B invested in Planet Fitness in 2019 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 110 increasing their positions, 96 reducing their positions, and 30 closing their positions.
140% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 30
75% more call options, than puts
Call options by funds: $120M | Put options by funds: $68.5M
28% more capital invested
Capital invested by funds: $4.72B → $6.06B (+$1.34B)
15% more funds holding
Funds holding: 268 → 309 (+41)
15% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 96
5% more ownership
Funds ownership: 100.14% → 105.14% (+5%)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$57.9M |
| 2 |
Two Sigma Investments
New York
|
+$50.6M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$45.3M |
| 4 |
PC
Pelham Capital
London,
United Kingdom
|
+$38.8M |
| 5 |
JP Morgan Chase
New York
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$195M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$34.9M |
| 3 |
Renaissance Technologies
New York
|
-$31.7M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$28.2M |
| 5 |
NCA
Newbrook Capital Advisors
New York
|
-$24.5M |
PLNT Hedge Fund Activity: Q1 2019 in Review
309 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q1 2019, worth a combined $6.06B — up 28% from $4.72B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new PLNT positions and 30 closed out — a net gain of 42 holders — while 110 added to existing stakes and 96 trimmed.
The largest buyer was Bank of America, adding an estimated $57.9M. The largest seller was Capital World Investors, cutting an estimated $195M.
- 309 institutional investors held Planet Fitness (PLNT) as of Q1 2019, up from 268 in Q4 2018.
- Funds reported $6.06B of Planet Fitness stock for Q1 2019, up 28% quarter-over-quarter.
- 72 funds opened new Planet Fitness positions in Q1 2019 and 30 closed out, a net change of +42 holders.
- The largest Planet Fitness buyer in Q1 2019 was Bank of America, an estimated $57.9M added.
- The largest Planet Fitness seller in Q1 2019 was Capital World Investors, an estimated $195M sold.
Based on aggregated 13F filings for Q1 2019.