Planet Fitness
PLNT
318 hedge funds and large institutions have $6.09B invested in Planet Fitness in 2019 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 88 increasing their positions, 121 reducing their positions, and 48 closing their positions.
35% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 48
28% more capital invested
Capital invested by funds: $4.76B → $6.09B (+$1.34B)
5% more funds holding
Funds holding: 303 → 318 (+15)
1.94% more ownership
Funds ownership: 97.81% → 99.75% (+1.9%)
6% less call options, than puts
Call options by funds: $85.4M | Put options by funds: $91.1M
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
27% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$101M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$101M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$89.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$66.6M |
| 5 |
BlackRock
New York
|
+$49.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$47.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$38.4M |
| 3 |
Two Sigma Investments
New York
|
-$37.7M |
| 4 |
Millennium Management
New York
|
-$36.5M |
| 5 |
Squarepoint
New York
|
-$35.1M |
PLNT Hedge Fund Activity: Q4 2019 in Review
318 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q4 2019, worth a combined $6.09B — up 28% from $4.76B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PLNT positions and 48 closed out — a net gain of 17 holders — while 88 added to existing stakes and 121 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $101M. The largest seller was Massachusetts Financial Services, cutting an estimated $47.1M.
- 318 institutional investors held Planet Fitness (PLNT) as of Q4 2019, up from 303 in Q3 2019.
- Funds reported $6.09B of Planet Fitness stock for Q4 2019, up 28% quarter-over-quarter.
- 65 funds opened new Planet Fitness positions in Q4 2019 and 48 closed out, a net change of +17 holders.
- The largest Planet Fitness buyer in Q4 2019 was William Blair Investment Management, an estimated $101M added.
- The largest Planet Fitness seller in Q4 2019 was Massachusetts Financial Services, an estimated $47.1M sold.
Based on aggregated 13F filings for Q4 2019.