Peloton Interactive
PTON
685 hedge funds and large institutions have $23.3B invested in Peloton Interactive in 2021 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 289 increasing their positions, 190 reducing their positions, and 131 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 190
2% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 131
0.54% less ownership
Funds ownership: 79.43% → 78.89% (-0.54%)
1% less funds holding
Funds holding: 689 → 685 (-4)
7% less call options, than puts
Call options by funds: $1.93B | Put options by funds: $2.09B
24% less capital invested
Capital invested by funds: $30.8B → $23.3B (-$7.45B)
28% less funds holding in top 10
Funds holding in top 10: 36 → 26 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
D1 Capital Partners
New York
|
+$271M |
| 2 |
BlackRock
New York
|
+$236M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$170M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$168M |
| 5 |
TCM
Tybourne Capital Management
Hong Kong
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$470M |
| 2 |
Two Sigma Investments
New York
|
-$211M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$196M |
| 4 |
D.E. Shaw & Co
New York
|
-$186M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$132M |
PTON Hedge Fund Activity: Q1 2021 in Review
685 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Peloton Interactive (PTON) for Q1 2021, worth a combined $23.3B — down 24% from $30.8B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new PTON positions and 131 closed out — a net gain of 2 holders — while 289 added to existing stakes and 190 trimmed.
The largest buyer was D1 Capital Partners, opening a new position worth an estimated $271M. The largest seller was Coatue Management, cutting an estimated $470M.
- 685 institutional investors held Peloton Interactive (PTON) as of Q1 2021, down from 689 in Q4 2020.
- Funds reported $23.3B of Peloton Interactive stock for Q1 2021, down 24% quarter-over-quarter.
- 133 funds opened new Peloton Interactive positions in Q1 2021 and 131 closed out, a net change of +2 holders.
- The largest Peloton Interactive buyer in Q1 2021 was D1 Capital Partners, an estimated $271M added.
- The largest Peloton Interactive seller in Q1 2021 was Coatue Management, an estimated $470M sold.
Based on aggregated 13F filings for Q1 2021.