PJT Partners
212 hedge funds and large institutions have $979M invested in PJT Partners in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 49 increasing their positions, 63 reducing their positions, and 33 closing their positions.
24% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 33
16% more capital invested
Capital invested by funds: $842M → $979M (+$138M)
3% more funds holding
Funds holding: 205 → 212 (+7)
0.83% less ownership
Funds ownership: 68.21% → 67.38% (-0.83%)
19% less call options, than puts
Call options by funds: $679K | Put options by funds: $843K
22% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 63
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$11.5M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$9.36M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$7.56M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.12M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$5.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.1M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$10.3M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$10.2M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$4.65M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$3.56M |
PJT Hedge Fund Activity: Q3 2020 in Review
212 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q3 2020, worth a combined $979M — up 16% from $842M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PJT positions and 33 closed out — a net gain of 8 holders — while 49 added to existing stakes and 63 trimmed.
The largest buyer was Redwood Investments, opening a new position worth an estimated $11.5M. The largest seller was Millennium Management, exiting entirely with an estimated $13.1M sold.
- 212 institutional investors held PJT Partners (PJT) as of Q3 2020, up from 205 in Q2 2020.
- Funds reported $979M of PJT Partners stock for Q3 2020, up 16% quarter-over-quarter.
- 41 funds opened new PJT Partners positions in Q3 2020 and 33 closed out, a net change of +8 holders.
- The largest PJT Partners buyer in Q3 2020 was Redwood Investments, an estimated $11.5M added.
- The largest PJT Partners seller in Q3 2020 was Millennium Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2020.