Planet Payment, Inc
PLPM
PLPM was delisted on the 19th of December, 2017.
90 hedge funds and large institutions have $117M invested in Planet Payment, Inc in 2016 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 14 closing their positions.
157% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 14
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
65% more capital invested
Capital invested by funds: $71.3M → $117M (+$46.1M)
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
30% more funds holding
Funds holding: 69 → 90 (+21)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.17M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.04M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.79M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$2.02M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.25M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.16M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$2.29M |
| 4 |
MCM
Marathon Capital Management
Hunt Valley,
Maryland
|
-$1.34M |
| 5 |
WPC
White Pine Capital
Bloomington,
Minnesota
|
-$986K |
PLPM Hedge Fund Activity: Q2 2016 in Review
90 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Planet Payment, Inc (PLPM) for Q2 2016, worth a combined $117M — up 65% from $71.3M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PLPM positions and 14 closed out — a net gain of 22 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $6.17M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $3.25M sold.
- 90 institutional investors held Planet Payment, Inc (PLPM) as of Q2 2016, up from 69 in Q1 2016.
- Funds reported $117M of Planet Payment, Inc stock for Q2 2016, up 65% quarter-over-quarter.
- 36 funds opened new Planet Payment, Inc positions in Q2 2016 and 14 closed out, a net change of +22 holders.
- The largest Planet Payment, Inc buyer in Q2 2016 was Fidelity Investments, an estimated $6.17M added.
- The largest Planet Payment, Inc seller in Q2 2016 was Kennedy Capital Management, an estimated $3.25M sold.
Based on aggregated 13F filings for Q2 2016.