Peloton Interactive
PTON
391 hedge funds and large institutions have $1.43B invested in Peloton Interactive in 2023 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 127 increasing their positions, 88 reducing their positions, and 70 closing their positions.
66% more call options, than puts
Call options by funds: $155M | Put options by funds: $93.3M
44% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 88
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
9% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 70
1.41% less ownership
Funds ownership: 84.99% → 83.58% (-1.4%)
3% less funds holding
Funds holding: 403 → 391 (-12)
35% less capital invested
Capital invested by funds: $2.2B → $1.43B (-$768M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$83.9M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
+$36.3M |
| 3 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$22.6M |
| 4 |
Millennium Management
New York
|
+$14.8M |
| 5 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$123M |
| 2 |
SCM
Spyglass Capital Management
San Francisco,
California
|
-$24.6M |
| 3 |
Renaissance Technologies
New York
|
-$24.5M |
| 4 |
Two Sigma Investments
New York
|
-$15.7M |
| 5 |
SPC
Slate Path Capital
New York
|
-$15.2M |
PTON Hedge Fund Activity: Q3 2023 in Review
391 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Peloton Interactive (PTON) for Q3 2023, worth a combined $1.43B — down 35% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of PTON and 64 opened new positions — a net loss of 6 holders — while 88 trimmed existing stakes and 127 added.
The largest buyer was Morgan Stanley, adding an estimated $83.9M. The largest seller was Fidelity Investments, cutting an estimated $123M.
- 391 institutional investors held Peloton Interactive (PTON) as of Q3 2023, down from 403 in Q2 2023.
- Funds reported $1.43B of Peloton Interactive stock for Q3 2023, down 35% quarter-over-quarter.
- 64 funds opened new Peloton Interactive positions in Q3 2023 and 70 closed out, a net change of -6 holders.
- The largest Peloton Interactive buyer in Q3 2023 was Morgan Stanley, an estimated $83.9M added.
- The largest Peloton Interactive seller in Q3 2023 was Fidelity Investments, an estimated $123M sold.
Based on aggregated 13F filings for Q3 2023.