Ron Baron acquired 1.15M Planet Fitness shares worth $120M. That's 0.33% of their equity portfolio (62nd largest holding). The investor owns 1.37% of the outstanding Planet Fitness stock. The first Planet Fitness trade was made in Q1 2018. Since then Ron Baron bought shares six more times and sold shares on four occasions. The stake costed the investor $55.9M, netting the investor a gain of 115% so far.