PJT Partners
213 hedge funds and large institutions have $563M invested in PJT Partners in 2018 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 35 increasing their positions, 56 reducing their positions, and 34 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 34
4% more funds holding
Funds holding: 205 → 213 (+8)
0.42% less ownership
Funds ownership: 65.67% → 65.25% (-0.42%)
20% less capital invested
Capital invested by funds: $707M → $563M (-$144M)
38% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Corsair Capital
New York
|
+$58.8M |
| 2 |
Millennium Management
New York
|
+$7.22M |
| 3 |
Morgan Stanley
New York
|
+$3.32M |
| 4 |
BCMNY
Buckingham Capital Management (New York)
New York
|
+$2.01M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$10.4M |
| 2 |
SC
Sessa Capital
New York
|
-$6.88M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$3.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.95M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
226
WealthBridge Capital Management
Westerville,
Ohio
| – | +$135 | +3 | New |
|
|
MWC
227
MKD Wealth Coaches
Troy,
Michigan
| – | +$179 | +4 | New |
|
|
IWA
228
Intercontinental Wealth Advisors
San Antonio,
Texas
| – | +$269 | +6 | New |
|
229
Simplex Trading
Chicago,
Illinois
| – | +$314 | +7 | New |
|
|
GT
230
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$448 | +10 | New |
|
|
ESB
231
Essex Savings Bank
Essex,
Connecticut
| – | +$538 | +12 | New |
|
PJT Hedge Fund Activity: Q4 2018 in Review
213 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q4 2018, worth a combined $563M — down 20% from $707M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PJT positions and 34 closed out — a net gain of 8 holders — while 35 added to existing stakes and 56 trimmed.
The largest buyer was Corsair Capital, opening a new position worth an estimated $58.8M. The largest seller was Renaissance Technologies, cutting an estimated $10.4M.
- 213 institutional investors held PJT Partners (PJT) as of Q4 2018, up from 205 in Q3 2018.
- Funds reported $563M of PJT Partners stock for Q4 2018, down 20% quarter-over-quarter.
- 42 funds opened new PJT Partners positions in Q4 2018 and 34 closed out, a net change of +8 holders.
- The largest PJT Partners buyer in Q4 2018 was Corsair Capital, an estimated $58.8M added.
- The largest PJT Partners seller in Q4 2018 was Renaissance Technologies, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2018.