PJT Partners
PJT
251 hedge funds and large institutions have $1.55B invested in PJT Partners in 2023 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 77 increasing their positions, 72 reducing their positions, and 14 closing their positions.
210% more call options, than puts
Call options by funds: $833K | Put options by funds: $269K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
157% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 14
25% more capital invested
Capital invested by funds: $1.24B → $1.55B (+$312M)
9% more funds holding
Funds holding: 230 → 251 (+21)
8.83% more ownership
Funds ownership: 71.6% → 80.43% (+8.8%)
7% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$57.9M |
| 2 |
Millennium Management
New York
|
+$19.8M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$14M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$10.9M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$8.52M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$6.38M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.36M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$5.72M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.13M |
PJT Hedge Fund Activity: Q3 2023 in Review
251 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q3 2023, worth a combined $1.55B — up 25% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PJT positions and 14 closed out — a net gain of 22 holders — while 77 added to existing stakes and 72 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $57.9M. The largest seller was Tudor Investment Corp, cutting an estimated $8.52M.
- 251 institutional investors held PJT Partners (PJT) as of Q3 2023, up from 230 in Q2 2023.
- Funds reported $1.55B of PJT Partners stock for Q3 2023, up 25% quarter-over-quarter.
- 36 funds opened new PJT Partners positions in Q3 2023 and 14 closed out, a net change of +22 holders.
- The largest PJT Partners buyer in Q3 2023 was Macquarie Group, an estimated $57.9M added.
- The largest PJT Partners seller in Q3 2023 was Tudor Investment Corp, an estimated $8.52M sold.
Based on aggregated 13F filings for Q3 2023.