Peloton Interactive
PTON
534 hedge funds and large institutions have $17.9B invested in Peloton Interactive in 2020 Q3 according to their latest regulatory filings, with 210 funds opening new positions, 150 increasing their positions, 132 reducing their positions, and 47 closing their positions.
347% more first-time investments, than exits
New positions opened: 210 | Existing positions closed: 47
82% more capital invested
Capital invested by funds: $9.84B → $17.9B (+$8.05B)
50% more funds holding in top 10
Funds holding in top 10: 22 → 33 (+11)
44% more funds holding
Funds holding: 371 → 534 (+163)
14% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 132
2% less call options, than puts
Call options by funds: $2.07B | Put options by funds: $2.1B
7.26% less ownership
Funds ownership: 82.53% → 75.27% (-7.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$792M |
| 2 |
BlackRock
New York
|
+$317M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$228M |
| 4 |
Tiger Global Management
New York
|
+$182M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$170M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$468M |
| 2 |
Renaissance Technologies
New York
|
-$209M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$172M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$161M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$129M |
PTON Hedge Fund Activity: Q3 2020 in Review
534 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Peloton Interactive (PTON) for Q3 2020, worth a combined $17.9B — up 82% from $9.84B a quarter earlier.
Buyers outnumbered sellers: 210 funds opened new PTON positions and 47 closed out — a net gain of 163 holders — while 150 added to existing stakes and 132 trimmed.
The largest buyer was Jennison Associates, opening a new position worth an estimated $792M. The largest seller was Fidelity Investments, cutting an estimated $468M.
- 534 institutional investors held Peloton Interactive (PTON) as of Q3 2020, up from 371 in Q2 2020.
- Funds reported $17.9B of Peloton Interactive stock for Q3 2020, up 82% quarter-over-quarter.
- 210 funds opened new Peloton Interactive positions in Q3 2020 and 47 closed out, a net change of +163 holders.
- The largest Peloton Interactive buyer in Q3 2020 was Jennison Associates, an estimated $792M added.
- The largest Peloton Interactive seller in Q3 2020 was Fidelity Investments, an estimated $468M sold.
Based on aggregated 13F filings for Q3 2020.