Planet Fitness
PLNT
309 hedge funds and large institutions have $4.94B invested in Planet Fitness in 2022 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 99 increasing their positions, 110 reducing their positions, and 45 closing their positions.
4% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 45
0% more funds holding
Funds holding: 309 → 309 (0)
1.04% less ownership
Funds ownership: 102.51% → 101.47% (-1%)
10% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 110
17% less capital invested
Capital invested by funds: $5.95B → $4.94B (-$1.01B)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
40% less call options, than puts
Call options by funds: $54.9M | Put options by funds: $91.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$70.1M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
+$41.5M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$37.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$35.9M |
| 5 |
Holocene Advisors
New York
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$50.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.8M |
| 3 |
Bank of New York Mellon
New York
|
-$42.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$30.7M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$28.8M |
PLNT Hedge Fund Activity: Q3 2022 in Review
309 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q3 2022, worth a combined $4.94B — down 17% from $5.95B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PLNT positions and 45 closed out — a net gain of 2 holders — while 99 added to existing stakes and 110 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $70.1M. The largest seller was Macquarie Group, cutting an estimated $50.2M.
- 309 institutional investors held Planet Fitness (PLNT) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $4.94B of Planet Fitness stock for Q3 2022, down 17% quarter-over-quarter.
- 47 funds opened new Planet Fitness positions in Q3 2022 and 45 closed out, a net change of +2 holders.
- The largest Planet Fitness buyer in Q3 2022 was Citadel Advisors, an estimated $70.1M added.
- The largest Planet Fitness seller in Q3 2022 was Macquarie Group, an estimated $50.2M sold.
Based on aggregated 13F filings for Q3 2022.