Planet Fitness
PLNT
323 hedge funds and large institutions have $6.8B invested in Planet Fitness in 2020 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 115 increasing their positions, 88 reducing their positions, and 47 closing their positions.
53% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 47
31% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 88
28% more capital invested
Capital invested by funds: $5.32B → $6.8B (+$1.48B)
11% more call options, than puts
Call options by funds: $174M | Put options by funds: $158M
8% more funds holding
Funds holding: 299 → 323 (+24)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1.2% less ownership
Funds ownership: 108.25% → 107.06% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$107M |
| 2 |
BlackRock
New York
|
+$101M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$93.1M |
| 4 |
SIM
SRS Investment Management
New York
|
+$82.8M |
| 5 |
Morgan Stanley
New York
|
+$61.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pelham Capital
London,
United Kingdom
|
-$140M |
| 2 |
TCM
Tybourne Capital Management
Hong Kong
|
-$112M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$75.3M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$72M |
| 5 |
SC
Samlyn Capital
New York
|
-$64.4M |
PLNT Hedge Fund Activity: Q4 2020 in Review
323 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q4 2020, worth a combined $6.8B — up 28% from $5.32B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new PLNT positions and 47 closed out — a net gain of 25 holders — while 115 added to existing stakes and 88 trimmed.
The largest buyer was Third Point, adding an estimated $107M. The largest seller was Pelham Capital, exiting entirely with an estimated $140M sold.
- 323 institutional investors held Planet Fitness (PLNT) as of Q4 2020, up from 299 in Q3 2020.
- Funds reported $6.8B of Planet Fitness stock for Q4 2020, up 28% quarter-over-quarter.
- 72 funds opened new Planet Fitness positions in Q4 2020 and 47 closed out, a net change of +25 holders.
- The largest Planet Fitness buyer in Q4 2020 was Third Point, an estimated $107M added.
- The largest Planet Fitness seller in Q4 2020 was Pelham Capital, an estimated $140M sold.
Based on aggregated 13F filings for Q4 2020.