PJT Partners
185 hedge funds and large institutions have $598M invested in PJT Partners in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 39 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
5% more call options, than puts
Call options by funds: $628K | Put options by funds: $596K
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less capital invested
Capital invested by funds: $624M → $598M (-$26.9M)
3.43% less ownership
Funds ownership: 65.57% → 62.15% (-3.4%)
11% less funds holding
Funds holding: 207 → 185 (-22)
44% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$23.6M |
| 2 |
Goldman Sachs
New York
|
+$9.81M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$7.7M |
| 4 |
BlackRock
New York
|
+$6.33M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$6.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.1M |
| 2 |
Renaissance Technologies
New York
|
-$9.21M |
| 3 |
SC
Sessa Capital
New York
|
-$4.46M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$3.72M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.45M |
PJT Hedge Fund Activity: Q2 2019 in Review
185 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q2 2019, worth a combined $598M — down 4.3% from $624M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PJT and 22 opened new positions — a net loss of 17 holders — while 44 trimmed existing stakes and 57 added.
The largest buyer was Bank of New York Mellon, adding an estimated $23.6M. The largest seller was Fidelity Investments, cutting an estimated $44.1M.
- 185 institutional investors held PJT Partners (PJT) as of Q2 2019, down from 207 in Q1 2019.
- Funds reported $598M of PJT Partners stock for Q2 2019, down 4.3% quarter-over-quarter.
- 22 funds opened new PJT Partners positions in Q2 2019 and 39 closed out, a net change of -17 holders.
- The largest PJT Partners buyer in Q2 2019 was Bank of New York Mellon, an estimated $23.6M added.
- The largest PJT Partners seller in Q2 2019 was Fidelity Investments, an estimated $44.1M sold.
Based on aggregated 13F filings for Q2 2019.