Peloton Interactive
PTON
409 hedge funds and large institutions have $3.31B invested in Peloton Interactive in 2023 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 104 increasing their positions, 119 reducing their positions, and 61 closing their positions.
108% more call options, than puts
Call options by funds: $487M | Put options by funds: $234M
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
45% more capital invested
Capital invested by funds: $2.28B → $3.31B (+$1.02B)
8% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 61
1% less funds holding
Funds holding: 415 → 409 (-6)
2.72% less ownership
Funds ownership: 91.67% → 88.95% (-2.7%)
13% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$145M |
| 2 |
Morgan Stanley
New York
|
+$83.9M |
| 3 |
Two Sigma Advisers
New York
|
+$61.7M |
| 4 |
Renaissance Technologies
New York
|
+$44.6M |
| 5 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$96.3M |
| 2 |
Coatue Management
New York
|
-$83.5M |
| 3 |
DCP
Darsana Capital Partners
New York
|
-$60.1M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$33.5M |
| 5 |
Tiger Global Management
New York
|
-$27.1M |
PTON Hedge Fund Activity: Q1 2023 in Review
409 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Peloton Interactive (PTON) for Q1 2023, worth a combined $3.31B — up 45% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PTON positions and 61 closed out — a net gain of 5 holders — while 104 added to existing stakes and 119 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $145M. The largest seller was T. Rowe Price Associates, cutting an estimated $96.3M.
- 409 institutional investors held Peloton Interactive (PTON) as of Q1 2023, down from 415 in Q4 2022.
- Funds reported $3.31B of Peloton Interactive stock for Q1 2023, up 45% quarter-over-quarter.
- 66 funds opened new Peloton Interactive positions in Q1 2023 and 61 closed out, a net change of +5 holders.
- The largest Peloton Interactive buyer in Q1 2023 was Fidelity Investments, an estimated $145M added.
- The largest Peloton Interactive seller in Q1 2023 was T. Rowe Price Associates, an estimated $96.3M sold.
Based on aggregated 13F filings for Q1 2023.