Planet Labs

PL • NYSE

Planet Labs is a aerospace & defense company in the industrials sector on NYSE, led by William Marshall, with a market cap of $5.7B. As of Q3 2025, 66% of shares are held by 268 institutional investors, with Alphabet Inc. as the largest holder at 10.37%.

Chairperson, Co-Founder and Chief Executive OfficerWilliam Marshall

Market Cap$5.7B

Aerospace & Defense

Industrials

Employees1.2K

Websiteplanet.com

Country

United States of America

Overview

Overview of institutional ownership in PL as of Q3 2025 with a market cap of $4.0B

All Institutions

Institutions: 268
Value Held: $2.6B
Shares Held: 202.6M
Avg Position: $9.8M
Median Position: $593.5K

Hedge Funds

Hedge Funds: 44
Value Held: $422.1M
Shares Held: 32.5M
Avg Position: $9.6M
Median Position: $2.1M

Ownership Breakdown

Institutional (non-HF)

55.23%

$2.2B

Hedge Funds

10.56%

$422.1M

Retail & Other

34.21%

$1.4B

Based on market cap of $4.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Alphabet Inc. Institution	Sundar Pichai CEO	$414.6M 17.21% of portfolio	10.37% 31.9M shares	Q4 2021 Held for 3y 11m	$2.4B
B BlackRock, Inc. Institution	-	$245.4M 0.00% of portfolio	6.14% 18.9M shares	Q1 2022 Held for 3y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$240.8M 0.00% of portfolio	6.02% 18.6M shares	Q1 2022 Held for 3y 8m	$6.69T
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	Stephen Thomas Weber CEO	$186.6M 1.34% of portfolio	4.67% 14.4M shares	Q2 2025 Held for 5 months	$13.9B
C CANADA PENSION PLAN INVESTMENT BOARD Institution	-	$101.6M 0.07% of portfolio	2.54% 7.8M shares	Q4 2021 Held for 3y 11m	$142.43B
Capricorn Investment Group LLC Family Office	Ion Yadigaroglu Managing Partner	$92.7M 11.10% of portfolio	2.32% 7.1M shares	Q4 2021 Held for 3y 11m	$834.9M
D D. E. Shaw & Co., Inc. Institution	-	$83.3M 0.07% of portfolio	2.08% 6.4M shares	Q2 2024 Held for 1y 5m	$115.81B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$81.7M 0.00% of portfolio	2.04% 6.3M shares	Q1 2022 Held for 3y 8m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$73.1M 0.00% of portfolio	1.83% 5.6M shares	Q1 2022 Held for 3y 8m	$1.57T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$51.6M 0.01% of portfolio	1.29% 4.0M shares	Q2 2023 Held for 2y 5m	$466.32B

Net Capital Flow

Institutional buying and selling activity for PL in Q3 2025

Traded: +$598.1M
Buyers: 172
Sellers: 94
Total Bought: +$710.7M
Total Sold: −$112.6M
Avg Position: $8.7M

Biggest Buyers

Institution	Net Bought	Current Position
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	+$107.9M +8.3M shares	$186.6M 14.4M shares
D D. E. Shaw & Co., Inc. Institution	+$61.8M +4.8M shares	$83.3M 6.4M shares
BARCLAYS PLC Institution	+$42.7M +3.3M shares	$48.4M 3.7M shares
Invesco Ltd. ETF Provider	+$32.5M +2.5M shares	$44.8M 3.5M shares
B BlackRock, Inc. Institution	+$31.6M +2.4M shares	$245.4M 18.9M shares
Trexquant Investment LP Hedge Fund•Quant	+$27.2M +2.1M shares	$29.1M 2.2M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$23.9M +1.8M shares	$25.3M 2.0M shares
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	+$23.1M +1.8M shares	$23.1M 1.8M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$22.1M +1.7M shares	$30.7M 2.4M shares
VANGUARD GROUP INC Institution	+$21.3M +1.6M shares	$240.8M 18.6M shares

Biggest Sellers

Institution	Net Sold	Current Position
MORGAN STANLEY RIA/Wealth	−$15.5M −1.2M shares	$23.4M 1.8M shares
BANK OF AMERICA CORP /DE/ Institution	−$8.9M −685.5K shares	$8.6M 664.1K shares
J Jump Financial, LLC Institution	−$7.7M −1.3M shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$6.9M −1.1M shares	Sold Off 0 shares
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	−$4.4M −340.0K shares	$9.4M 725.0K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$4.1M −314.0K shares	$6.0M 458.6K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$3.9M −646.9K shares	Sold Off 0 shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$3.9M −303.7K shares	$4.6M 351.0K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	−$3.7M −602.4K shares	Sold Off 0 shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$3.6M −274.9K shares	$643.1K 49.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PL in Q3 2025

New Positions: 46
New Value: $55.8M
Exited Positions: 32
Exited Value: $37.3M

New Positions

Institution	Position Value
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	$13.6M 1.0M shares
Portolan Capital Management, LLC Hedge Fund•Long/Short	$8.2M 631.0K shares
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	$4.4M 338.3K shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	$4.0M 305.4K shares
CASTLEARK MANAGEMENT LLC Long Only Manager	$4.0M 305.3K shares
BANK OF NOVA SCOTIA / Institution	$3.5M 271.8K shares
Ranger Investment Management, L.P. Long Only Manager	$2.7M 207.1K shares
Gotham Asset Management, LLC Hedge Fund•Long/Short	$2.6M 198.6K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$2.1M 163.2K shares
S SANDLER CAPITAL MANAGEMENT Hedge Fund•Long/Short	$1.5M 116.4K shares

Exited Positions

Institution	Previous Position
J Jump Financial, LLC Institution	$7.7M 1.3M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.9M 1.1M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$3.9M 646.9K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$3.7M 602.4K shares
Teramo Advisors, LLC Long Only Manager	$3.1M 500.7K shares
C Comprehensive Financial Management LLC Family Office	$2.7M 444.2K shares
Willow Creek Wealth Management Inc. RIA/Wealth	$2.4M 400.0K shares
Caption Management, LLC Hedge Fund•Long/Short	$1.3M 205.0K shares
ARDSLEY ADVISORY PARTNERS Hedge Fund•Long/Short	$762.5K 125.0K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$745.0K 122.1K shares

Options Activity

Institutions with the largest Call and Put options positions in PL as of Q3 2025

Call Positions: 11
Call Value: $94.8M
Put Positions: 17
Put Value: $52.9M

Call Positions

Institution	Position Value
P PEAK6 LLC Institution	$34.8M 26.8K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$25.8M 19.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$12.2M 9.4K contracts
J JANE STREET GROUP, LLC Institution	$8.0M 6.2K contracts
Caption Management, LLC Hedge Fund•Long/Short	$6.9M 5.3K contracts
W WOLVERINE TRADING, LLC Institution	$4.5M 3.5K contracts
D D. E. Shaw & Co., Inc. Institution	$1.3M 1.0K contracts
C Cubist Systematic Strategies, LLC Institution	$1.1M 878.0 contracts
B Belvedere Trading LLC Institution	$10.4K 8.0 contracts
ARDSLEY ADVISORY PARTNERS Hedge Fund•Long/Short	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$10.5M 8.1K contracts
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	$8.4M 6.5K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$7.8M 6.0K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$6.8M 5.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.1M 4.7K contracts
J JANE STREET GROUP, LLC Institution	$3.7M 2.8K contracts
BANK OF AMERICA CORP /DE/ Institution	$1.8M 1.4K contracts
W WOLVERINE TRADING, LLC Institution	$1.7M 1.3K contracts
D D. E. Shaw & Co., Inc. Institution	$1.7M 1.3K contracts
I Ionic Capital Management LLC Hedge Fund•Multi-Strategy	$1.3M 1.0K contracts

Most Committed Institutions

Institutions with PL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Alphabet Inc. Institution	Sundar Pichai CEO	17.21% $414.6M	10.37% 31.9M shares	Q4 2021 Held for 3y 11m	$2.4B
Capricorn Investment Group LLC Family Office	Ion Yadigaroglu Managing Partner	11.10% $92.7M	2.32% 7.1M shares	Q4 2021 Held for 3y 11m	$834.9M
SVB Capital Management, LLC Fund of Funds	Aaron Garth Gershenberg CEO	7.04% $2.2M	0.06% 172.1K shares	Q3 2024 Held for 1y 2m	$31.7M
Arena Capital Advisors, LLC- CA Hedge Fund•Credit Arb	Sanije Jane Perrett President	4.23% $2.0M	0.05% 154.4K shares	Q4 2021 Held for 3y 11m	$47.4M
Archon Capital Management LLC Hedge Fund•Long/Short	Constantinos John Christofilis Managing Partner	4.21% $7.1M	0.18% 543.7K shares	Q2 2025 Held for 5 months	$167.6M
Penbrook Management LLC RIA/Wealth	Robert Stephen Anderson Managing Partner	2.85% $4.1M	0.10% 314.2K shares	Q2 2023 Held for 2y 5m	$143.0M
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	Thomas Leigh Press CEO	1.71% $23.1M	0.58% 1.8M shares	Q3 2025 Held for 2 months	$1.4B
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	Stephen Thomas Weber CEO	1.34% $186.6M	4.67% 14.4M shares	Q2 2025 Held for 5 months	$13.9B
A Aspiring Ventures, LLC Institution	-	0.87% $2.4M	0.06% 184.4K shares	Q4 2024 Held for 11 months	$275.9M
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	William Zolezzi Managing Partner	0.63% $13.6M	0.34% 1.0M shares	Q3 2025 Held for 2 months	$2.1B

Hedge Fund Spotlight

Discover hedge funds investing in PL

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerPeter Fitzhugh Brown

Portfolio Value: $75.8B
Positions: 3,419
Last Reported: Q3 2025

Sector Allocation

Position in Planet Labs

Market Value: $6.1M
Shares Held: 468.0K
Portfolio Weight: 0.01%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$1.6B	2.06%
2 Nvidia NVDA	Semiconductors Technology	$1.1B	1.39%
3 Roblox RBLX	Electronic Gaming & Multimedia Technology	$953.5M	1.26%