Why Conestoga Capital Advisors Decided to Sell PL Planet Labs (PL)
Conestoga Capital Advisors, an asset management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Winton Capital Management David Harding | 194,008 | $6,427,485 | +1803% | 0.21% |
| 2. | Walleye Capital Will England | 146,869 | $4,865,770 | 0.02% | |
| 3. | RWC Asset Management Tord Stallvik (Ceo) | 22,267 | $737,706 | -17% | 0.03% |
| 4. | 12,600 | $417,438 | 0% | ||
| 5. | Bayforest Capital Theodoros Tsagaris | 2,529 | $83,786 | -57% | 0.08% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $15.66 | 20 | $313.20 | 32,488 | 2025-10-09 | Filing | |
| $2.70 | 100,000 | $269,840.00 | 1,405,356 | 2023-09-19 | Filing | |
| $3.64 | 274,000 | $997,113.40 | 439,580 | 2023-04-03 | Filing | |
| $6.47 | 19,230 | $124,445.02 | 19,230 | 2021-12-22 | Filing | |
| $6.01 | 165,580 | $994,473.48 | 165,580 | 2021-12-20 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $22.08 | 34,993 | $772,659.44 | 561,482 | 2026-07-23 | Filing | |
| $22.08 | 75,035 | $1,656,802.81 | 1,132,122 | 2026-07-23 | Filing | |
| $25.05 | 37,107 | $929,637.96 | 222,897 | 2026-07-15 | Filing | |
| $26.16 | 6,494 | $169,871.35 | 37,114 | 2026-07-13 | Filing | |
| $25.92 | 64,593 | $1,674,231.18 | 825,541 | 2026-07-10 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 35,248,893 | $1,167,795,849 | 1.18% | |
| 2. | 18,482,539 | $612,326,529 | 0.01% | |
| 3. | 5,493,544 | $181,978,273 | 0.01% | |
| 4. | 2,682,192 | $88,861,021 | 0.13% | |
| 5. | 1,590,960 | $52,708,505 | 1.7% |