Peloton Interactive
PTON
679 hedge funds and large institutions have $27B invested in Peloton Interactive in 2021 Q2 according to their latest regulatory filings, with 117 funds opening new positions, 265 increasing their positions, 206 reducing their positions, and 117 closing their positions.
35% more funds holding in top 10
Funds holding in top 10: 26 → 35 (+9)
29% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 206
16% more capital invested
Capital invested by funds: $23.3B → $27B (+$3.67B)
2.18% more ownership
Funds ownership: 78.89% → 81.08% (+2.2%)
0% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 117
1% less funds holding
Funds holding: 685 → 679 (-6)
6% less call options, than puts
Call options by funds: $2.47B | Put options by funds: $2.63B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$463M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$437M |
| 3 |
Coatue Management
New York
|
+$337M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$223M |
| 5 |
DCP
D1 Capital Partners
New York
|
+$204M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$1.3B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$333M |
| 3 |
DVF
Discovery Value Fund
Singapore
|
-$152M |
| 4 |
Two Sigma Advisers
New York
|
-$151M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$133M |
PTON Hedge Fund Activity: Q2 2021 in Review
679 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Peloton Interactive (PTON) for Q2 2021, worth a combined $27B — up 16% from $23.3B a quarter earlier.
Fund positioning in PTON was balanced in Q2 2021: 117 funds opened new positions, 117 closed out, 265 added to existing stakes and 206 trimmed.
The largest buyer was Altimeter Capital Management, adding an estimated $463M. The largest seller was Jennison Associates, exiting entirely with an estimated $1.3B sold.
- 679 institutional investors held Peloton Interactive (PTON) as of Q2 2021, down from 685 in Q1 2021.
- Funds reported $27B of Peloton Interactive stock for Q2 2021, up 16% quarter-over-quarter.
- 117 funds opened new Peloton Interactive positions in Q2 2021 and 117 closed out, a net change of 0 holders.
- The largest Peloton Interactive buyer in Q2 2021 was Altimeter Capital Management, an estimated $463M added.
- The largest Peloton Interactive seller in Q2 2021 was Jennison Associates, an estimated $1.3B sold.
Based on aggregated 13F filings for Q2 2021.