Planet Fitness
PLNT
334 hedge funds and large institutions have $7.02B invested in Planet Fitness in 2024 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 114 increasing their positions, 120 reducing their positions, and 45 closing their positions.
219% more call options, than puts
Call options by funds: $242M | Put options by funds: $76.1M
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
18% more capital invested
Capital invested by funds: $5.96B → $7.02B (+$1.06B)
18% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 45
1% more funds holding
Funds holding: 331 → 334 (+3)
5% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 120
2.7% less ownership
Funds ownership: 111.7% → 109% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$147M |
| 2 |
ACM
Anomaly Capital Management
New York
|
+$94.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$59M |
| 4 |
JCM
Junto Capital Management
New York
|
+$43.7M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$35.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$217M |
| 2 |
BlackRock
New York
|
-$73.8M |
| 3 |
Holocene Advisors
New York
|
-$72M |
| 4 |
Bank of New York Mellon
New York
|
-$34.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$28.5M |
PLNT Hedge Fund Activity: Q2 2024 in Review
334 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Planet Fitness (PLNT) for Q2 2024, worth a combined $7.02B — up 18% from $5.96B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PLNT positions and 45 closed out — a net gain of 8 holders — while 114 added to existing stakes and 120 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $147M. The largest seller was Cadian Capital Management, cutting an estimated $217M.
- 334 institutional investors held Planet Fitness (PLNT) as of Q2 2024, up from 331 in Q1 2024.
- Funds reported $7.02B of Planet Fitness stock for Q2 2024, up 18% quarter-over-quarter.
- 53 funds opened new Planet Fitness positions in Q2 2024 and 45 closed out, a net change of +8 holders.
- The largest Planet Fitness buyer in Q2 2024 was William Blair Investment Management, an estimated $147M added.
- The largest Planet Fitness seller in Q2 2024 was Cadian Capital Management, an estimated $217M sold.
Based on aggregated 13F filings for Q2 2024.