PJT Partners
PJT
289 hedge funds and large institutions have $1.95B invested in PJT Partners in 2024 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 76 increasing their positions, 106 reducing their positions, and 33 closing their positions.
24% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 33
2% more funds holding
Funds holding: 284 → 289 (+5)
2.85% less ownership
Funds ownership: 89.22% → 86.38% (-2.8%)
12% less capital invested
Capital invested by funds: $2.2B → $1.95B (-$255M)
28% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 106
48% less call options, than puts
Call options by funds: $1.84M | Put options by funds: $3.52M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$44.9M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$7.54M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.68M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.51M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$20M |
| 2 |
Morgan Stanley
New York
|
-$18.2M |
| 3 |
ClearBridge Investments
New York
|
-$18M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$13.8M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$13.2M |
PJT Hedge Fund Activity: Q1 2024 in Review
289 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q1 2024, worth a combined $1.95B — down 12% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PJT positions and 33 closed out — a net gain of 8 holders — while 76 added to existing stakes and 106 trimmed.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $44.9M. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $20M sold.
- 289 institutional investors held PJT Partners (PJT) as of Q1 2024, up from 284 in Q4 2023.
- Funds reported $1.95B of PJT Partners stock for Q1 2024, down 12% quarter-over-quarter.
- 41 funds opened new PJT Partners positions in Q1 2024 and 33 closed out, a net change of +8 holders.
- The largest PJT Partners buyer in Q1 2024 was Champlain Investment Partners, an estimated $44.9M added.
- The largest PJT Partners seller in Q1 2024 was Jacobs Levy Equity Management, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2024.