Peloton Interactive
PTON
386 hedge funds and large institutions have $1.1B invested in Peloton Interactive in 2024 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 117 increasing their positions, 92 reducing their positions, and 60 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
50% more call options, than puts
Call options by funds: $81.3M | Put options by funds: $54.3M
27% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 92
17% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 60
11.09% more ownership
Funds ownership: 80.83% → 91.92% (+11%)
1% more funds holding
Funds holding: 381 → 386 (+5)
9% less capital invested
Capital invested by funds: $1.21B → $1.1B (-$113M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
GTCR LLC
Chicago,
Illinois
|
+$50.1M |
| 2 |
BlackRock
New York
|
+$34M |
| 3 |
DCM
DME Capital Management
New York
|
+$24.3M |
| 4 |
Two Sigma Investments
New York
|
+$20.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$53M |
| 2 |
Bank of New York Mellon
New York
|
-$22.4M |
| 3 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$19.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.28M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$5.88M |
PTON Hedge Fund Activity: Q2 2024 in Review
386 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Peloton Interactive (PTON) for Q2 2024, worth a combined $1.1B — down 9.4% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new PTON positions and 60 closed out — a net gain of 10 holders — while 117 added to existing stakes and 92 trimmed.
The largest buyer was GTCR LLC, opening a new position worth an estimated $50.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $53M.
- 386 institutional investors held Peloton Interactive (PTON) as of Q2 2024, up from 381 in Q1 2024.
- Funds reported $1.1B of Peloton Interactive stock for Q2 2024, down 9.4% quarter-over-quarter.
- 70 funds opened new Peloton Interactive positions in Q2 2024 and 60 closed out, a net change of +10 holders.
- The largest Peloton Interactive buyer in Q2 2024 was GTCR LLC, an estimated $50.1M added.
- The largest Peloton Interactive seller in Q2 2024 was T. Rowe Price Associates, an estimated $53M sold.
Based on aggregated 13F filings for Q2 2024.