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Torque Asset Management Buys $4 Million of Planet Fitness Amid Stock's 54% Decline in 2026
Key takeaways
- PLNT AMZN META OKTA PCOR What happened According to its SEC filing dated May 15, 2026, Torque Asset Management LLC established a new stake in Planet Fitness (NYSE:PLNT), acquiring 49,500 shares.
- This was a new position; the stake represented 1.45% of the fund s 13F assets under management at quarter-end.
- Top five holdings after the filing were:
PLNT AMZN META OKTA PCOR What happened According to its SEC filing dated May 15, 2026, Torque Asset Management LLC established a new stake in Planet Fitness (NYSE:PLNT), acquiring 49,500 shares. The estimated transaction value was $4.35 million based on the average unadjusted closing price for the quarter ended March 31, 2026. The position s quarter-end value, reflecting both the purchase and price changes during the period, was $3.68 million.
This was a new position; the stake represented 1.45% of the fund s 13F assets under management at quarter-end.
Top five holdings after the filing were:
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