Planet Fitness

PLNT • NYSE

Planet Fitness is a leisure company in the consumer cyclical sector on NYSE, with a market cap of $9.0B. As of Q3 2025, 112% of shares are held by 400 institutional investors, with BlackRock, Inc. as the largest holder at 11.02%.

Market Cap$9.0B

Leisure

Consumer Cyclical

Employees3.4K

Websiteplanetfitness.com

Country

United States of America

Overview

Overview of institutional ownership in PLNT as of Q3 2025 with a market cap of $8.7B

All Institutions

Institutions: 400
Value Held: $9.7B
Shares Held: 93.9M
Avg Position: $24.4M
Median Position: $975.3K

Hedge Funds

Hedge Funds: 43
Value Held: $1.9B
Shares Held: 18.7M
Avg Position: $45.2M
Median Position: $6.2M

Ownership Breakdown

Institutional (non-HF)

89.58%

$7.8B

Hedge Funds

22.31%

$1.9B

Retail & Other

Based on market cap of $8.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PLNT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$959.8M 0.02% of portfolio	11.02% 9.2M shares	Q1 2016 Held for 9y 8m	$5.67T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$943.2M 0.58% of portfolio	10.83% 9.1M shares	Q3 2024 Held for 1y 2m	$161.58B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$842.0M 0.01% of portfolio	9.67% 8.1M shares	Q3 2015 Held for 10y 2m	$6.69T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$532.8M 0.06% of portfolio	6.12% 5.1M shares	Q4 2017 Held for 7y 11m	$912.31B
SRS Investment Management, LLC Hedge Fund•Long/Short	Karthik Ramakrishna Sarma Managing Partner	$484.3M 5.27% of portfolio	5.56% 4.7M shares	Q4 2019 Held for 5y 11m	$9.2B
I Investec Asset Management LTD Long Only Manager	Hendrik Jacobus Du Toit CEO	$359.3M 0.78% of portfolio	4.12% 3.5M shares	Q4 2024 Held for 11 months	$46.3B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$302.6M 0.02% of portfolio	3.47% 2.9M shares	Q2 2016 Held for 9y 5m	$1.56T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$261.7M 0.04% of portfolio	3.00% 2.5M shares	Q4 2016 Held for 8y 11m	$633.08B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$260.7M 0.01% of portfolio	2.99% 2.5M shares	Q3 2015 Held for 10y 2m	$2.88T
D Dorsal Capital Management, LLC Hedge Fund•Long/Short	Ryan David Frick CIO	$241.3M 6.52% of portfolio	2.77% 2.3M shares	Q1 2023 Held for 2y 8m	$3.7B

Net Capital Flow

Institutional buying and selling activity for PLNT in Q3 2025

Traded: −$76.8M
Buyers: 187
Sellers: 214
Total Bought: +$937.9M
Total Sold: −$1.0B
Avg Position: $21.3M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$174.9M +1.7M shares	$532.8M 5.1M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$120.6M +1.2M shares	$155.6M 1.5M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$87.1M +839.2K shares	$118.8M 1.1M shares
Junto Capital Management LP Hedge Fund•Long/Short	+$73.6M +709.1K shares	$73.6M 709.1K shares
I Investec Asset Management LTD Long Only Manager	+$60.0M +577.6K shares	$359.3M 3.5M shares
GOLDMAN SACHS GROUP INC Institution	+$53.1M +512.0K shares	$173.5M 1.7M shares
M MACQUARIE GROUP LTD Institution	+$35.4M +340.6K shares	$38.7M 372.7K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	+$32.8M +315.9K shares	$54.8M 527.6K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$24.7M +238.1K shares	$112.2M 1.1M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$21.6M +208.2K shares	$943.2M 9.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$162.8M −1.6M shares	$32.5M 313.5K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$94.8M −869.3K shares	Sold Off 0 shares
A AMERICAN CENTURY COMPANIES INC Institution	−$63.9M −615.3K shares	$25.2M 242.9K shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$57.1M −549.9K shares	$31.3M 302.0K shares
A AXA Institution	−$47.7M −459.5K shares	$1.3M 12.4K shares
C Champlain Investment Partners, LLC Long Only Manager	−$46.0M −443.3K shares	$65.8M 633.8K shares
Bank of New York Mellon Corp Institution	−$45.0M −433.5K shares	$82.0M 789.7K shares
Marshall Wace LLP Institution	−$28.4M −273.2K shares	$1.3M 12.1K shares
B BlackRock, Inc. Institution	−$24.3M −234.2K shares	$959.8M 9.2M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$24.1M −232.1K shares	$1.1M 10.7K shares

Entry and Exit Activity

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

New Positions: 27
New Value: $5.0M
Exited Positions: 56
Exited Value: $207.6M

New Positions

Institution	Position Value
Susquehanna Portfolio Strategies, LLC Private Equity	$2.3M 21.7K shares
Blackstone Group L.P. Institution	$699.8K 6.7K shares
Aaron Wealth Advisors LLC RIA/Wealth	$484.7K 4.7K shares
I Inscription Capital, LLC RIA/Wealth	$443.4K 4.3K shares
W WILEY BROS.-AINTREE CAPITAL, LLC Institution	$434.4K 4.4K shares
Truvestments Capital LLC RIA/Wealth	$255.6K 2.5K shares
Aster Capital Management Ltd RIA/Wealth	$182.6K 1.8K shares
Strategic Advocates LLC RIA/Wealth	$75.0K 723.0 shares
Union Bankshares Corp Institution	$44.2K 426.0 shares
Sontag Advisory, LLC RIA/Wealth	$22.8K 220.0 shares

Exited Positions

Institution	Previous Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$94.8M 869.3K shares
WCM INVESTMENT MANAGEMENT/CA Long Only Manager	$20.3M 187.2K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$20.0M 183.4K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$10.8M 99.1K shares
B Barrier Capital Management, LLC RIA/Wealth	$4.6M 42.1K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$4.5M 40.8K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$4.2M 38.9K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$3.7M 33.6K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$3.6M 32.9K shares
Caption Management, LLC Hedge Fund•Long/Short	$3.5M 32.0K shares

Options Activity

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

Call Positions: 18
Call Value: $54.8M
Put Positions: 15
Put Value: $30.9M

Call Positions

Institution	Position Value
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$15.6M 1.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$10.6M 1.0K contracts
W WOLVERINE TRADING, LLC Institution	$6.1M 579.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.4M 525.0 contracts
J JANE STREET GROUP, LLC Institution	$4.8M 467.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.1M 294.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$2.3M 219.0 contracts
WELLS FARGO & COMPANY/MN Institution	$2.0M 190.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$1.9M 186.0 contracts
Walleye Trading LLC RIA/Wealth	$1.6M 153.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$11.4M 1.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$7.1M 682.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$2.8M 266.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$2.7M 263.0 contracts
Walleye Trading LLC RIA/Wealth	$2.5M 237.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.7M 159.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.2M 117.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$643.6K 62.0 contracts
C CSS LLC/IL Institution	$415.2K 40.0 contracts
J JANE STREET GROUP, LLC Institution	$352.9K 34.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Sea Cliff Partners Management, LP Hedge Fund•Long/Short	Lesley Ann Bunim Partner	7.97% $21.8M	0.25% 210.0K shares	Q1 2025 Held for 8 months	$273.5M
P Pelham Capital Ltd. Institution	-	6.68% $12.8M	0.15% 123.7K shares	Q3 2025 Held for 2 months	$192.2M
D Dorsal Capital Management, LLC Hedge Fund•Long/Short	Ryan David Frick CIO	6.52% $241.3M	2.77% 2.3M shares	Q1 2023 Held for 2y 8m	$3.7B
ELWOOD CAPITAL PARTNERS LP Private Equity	Brooks Frederick Burgum Managing Partner	6.25% $7.3M	0.08% 70.0K shares	Q4 2024 Held for 11 months	$116.2M
SRS Investment Management, LLC Hedge Fund•Long/Short	Karthik Ramakrishna Sarma Managing Partner	5.27% $484.3M	5.56% 4.7M shares	Q4 2019 Held for 5y 11m	$9.2B
B BWCP, LP Hedge Fund•Long/Short	Brandon Matthew Wier Managing Partner	4.28% $25.8M	0.30% 248.3K shares	Q1 2025 Held for 8 months	$601.9M
T Two Creeks Capital Management, LP Hedge Fund•Long/Short	Ryan Allen Pedlow CEO	4.09% $56.9M	0.65% 548.0K shares	Q1 2024 Held for 1y 8m	$1.4B
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	Sheena Koshy COO	3.56% $196.1M	2.25% 1.9M shares	Q3 2023 Held for 2y 2m	$5.5B
M MONIMUS CAPITAL MANAGEMENT, LP Hedge Fund•Long/Short	Brian Jeffrey Bellinger Managing Partner	3.37% $4.4M	0.05% 42.5K shares	Q4 2024 Held for 11 months	$130.6M
W Walter Public Investments Inc. Institution	-	3.23% $19.7M	0.23% 189.5K shares	Q1 2022 Held for 3y 8m	$608.5M

Hedge Fund Spotlight

Discover hedge funds investing in PLNT

Sea Cliff Partners Management, LP

Hedge Fund • Long/Short

Portfolio ManagerLesley Ann Bunim

Portfolio Value: $273.5M
Positions: 16
Last Reported: Q3 2025

Sector Allocation

Position in Planet Fitness

Market Value: $21.8M
Shares Held: 210.0K
Portfolio Weight: 7.97%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 BrightSpring Health Services, Inc. BTSG	Medical - Healthcare Information Services Healthcare	$34.6M	12.65%
2 Planet Fitness PLNT	Leisure Consumer Cyclical	$21.8M	7.97%
3 Udemy, Inc. UDMY	Education & Training Services Consumer Defensive	$20.8M	7.62%