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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.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

24% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 34

4% more funds holding

Funds holding: 205213 (+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

Holders
213
Holders Change
+8
Holders Change %
+3.9%
% of All Funds
4.75%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
42
Increased
35
Reduced
56
Closed
34
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
-$2K
Name Holding Trade Value Shares
Change
Change in
Stake
LTFS
101
Ladenburg Thalmann Financial Services
Florida
$119K +$1.75K +39 +1%
AG
102
Advisor Group
Arizona
$95K +$35.7K +797 +49%
FBT
103
First Bank & Trust
South Dakota
$94K +$109K +2,423 New
TRCT
104
Tower Research Capital (TRC)
New York
$88K +$102K +2,275 New
ASN
105
Advisory Services Network
Georgia
$73K -$852 -19 -1%
Zurich Cantonal Bank
106
Zurich Cantonal Bank
Switzerland
$73K
Canada Life
107
Canada Life
Manitoba, Canada
$72K -$135 -3 -0.2%
PA
108
Parallel Advisors
California
$71K +$82.4K +1,837 +183,700%
QT
109
Quantamental Technologies
New York
$70K +$80.7K +1,799 New
AIP
110
Ameritas Investment Partners
Nebraska
$62K
OAM
111
Oppenheimer Asset Management
New York
$60K +$69.4K +1,548 New
AIM
112
Assured Investment Management
New York
$59K -$61.2K -1,365 -47%
US Bancorp
113
US Bancorp
Minnesota
$55K -$9.78K -218 -13%
EWM
114
Edge Wealth Management
New York
$55K +$19.1K +425 +43%
MAM
115
Meeder Asset Management
Ohio
$51K +$38.7K +863 +196%
GWM
116
Geneos Wealth Management
Colorado
$50K +$8.74K +195 +18%
CAM
117
Cacti Asset Management
Georgia
$48K
FHB
118
First Hawaiian Bank
Hawaii
$47K
GCM
119
Grisanti Capital Management
New York
$37K
WAM
120
Wealthspire Advisors (Maryland)
Maryland
$36K -$1.03K -23 -2%
IA
121
IFP Advisors
Florida
$33K -$11.7K -260 -24%
BWA
122
Burt Wealth Advisors
Maryland
$33K
NSIM
123
North Star Investment Management
Illinois
$31K
CI
124
Clal Insurance
Israel
$30K
Bank of Montreal
125
Bank of Montreal
Ontario, Canada
$23K -$1.51M -33,650 -98%

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.