SCHEDULE: Steadfast Capital Discloses 6.4% Stake in Planet Fitness
Beneficial Ownership Report
Steadfast Capital Management LP and its affiliates have reported a 6.4% beneficial ownership stake in Planet Fitness, Inc.'s Class A Common Stock.
Summary
- Steadfast Capital Management LP, along with American Steadfast, L.P., Steadfast International Master Fund Ltd., and Robert S. Pitts, Jr., collectively reported beneficial ownership of 5,288,992 shares of Planet Fitness, Inc. Class A Common Stock.
- This aggregate ownership represents 6.4% of the Issuer's outstanding Common Stock.
- The percentage is calculated based on 82,983,165 shares of Common Stock outstanding as of October 31, 2025, as reported in Planet Fitness's Form 10-Q filed November 7, 2025.
- The beneficial ownership includes 3,400,000 shares of Common Stock underlying call options currently exercisable.
- Robert S. Pitts, Jr., as the controlling principal of Steadfast Capital Management LP, is deemed to beneficially own the same aggregate amount of shares.
- The securities were not acquired or held for the purpose of changing or influencing control of Planet Fitness, Inc., except for activities solely related to a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding company performance. It is a neutral report on an investment position.
Future Outlook
NA
Industry Context
This filing indicates a significant institutional investment in Planet Fitness, a major player in the fitness industry. Such a stake by a prominent investment manager like Steadfast Capital Management LP can signal confidence in the company's long-term prospects within the competitive health and wellness sector.
Stakeholder Impact
- Shareholders: The disclosure of a significant stake by an institutional investor like Steadfast Capital Management LP could be viewed positively, potentially signaling confidence in the company's value and future performance.
Key Dates
| Date | Description |
|---|---|
| 2025-10-31 | Date of outstanding shares calculation (82,983,165 shares) as per Issuer's Form 10-Q. |
| 2025-11-07 | Date of Issuer's Form 10-Q filing, which provided the outstanding shares count. |
| 2026-01-08 | Date of event which required the filing of this statement (beneficial ownership threshold met). |
| 2026-01-15 | Signature date of the Schedule 13G filing. |
Keywords
Planet Fitness, Steadfast Capital Management, Beneficial Ownership, Schedule 13G, Class A Common Stock, Institutional Investor, Equity Stake
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.