Planet Fitness
PLNT
299 hedge funds and large institutions have $5.33B invested in Planet Fitness in 2020 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 108 increasing their positions, 98 reducing their positions, and 54 closing their positions.
48% more call options, than puts
Call options by funds: $150M | Put options by funds: $102M
10% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 98
2% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 54
0% more funds holding
Funds holding: 299 → 299 (0)
1% less capital invested
Capital invested by funds: $5.36B → $5.33B (-$29M)
2.46% less ownership
Funds ownership: 110.72% → 108.25% (-2.5%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
+$82.2M |
| 2 |
PC
Pelham Capital
London,
United Kingdom
|
+$65.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$54.9M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$53.6M |
| 5 |
SIM
SRS Investment Management
New York
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$156M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$114M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$87.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$68.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$50.8M |
PLNT Hedge Fund Activity: Q3 2020 in Review
299 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q3 2020, worth a combined $5.33B — down 0.54% from $5.36B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PLNT positions and 54 closed out — a net gain of 1 holder — while 108 added to existing stakes and 98 trimmed.
The largest buyer was Southpoint Capital Advisors, opening a new position worth an estimated $82.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $156M.
- 299 institutional investors held Planet Fitness (PLNT) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $5.33B of Planet Fitness stock for Q3 2020, down 0.54% quarter-over-quarter.
- 55 funds opened new Planet Fitness positions in Q3 2020 and 54 closed out, a net change of +1 holder.
- The largest Planet Fitness buyer in Q3 2020 was Southpoint Capital Advisors, an estimated $82.2M added.
- The largest Planet Fitness seller in Q3 2020 was T. Rowe Price Associates, an estimated $156M sold.
Based on aggregated 13F filings for Q3 2020.