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PJT Partners

200 hedge funds and large institutions have $511M invested in PJT Partners in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

590% more call options, than puts

Call options by funds: $2.92M | Put options by funds: $424K

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

55% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 22

23% more capital invested

Capital invested by funds: $416M → $511M (+$95.6M)

6% more funds holding

Funds holding: 188200 (+12)

1.69% more ownership

Funds ownership: 58.58%60.28% (+1.7%)

10% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 49

Holders
200
Holders Change
+12
Holders Change %
+6.38%
% of All Funds
4.54%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.11%
New
34
Increased
44
Reduced
49
Closed
22
Calls
$2.92M
Puts
$424K
Net Calls
+$2.5M
Net Calls Change
+$1.13M
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
126
Northwestern Mutual Wealth Management
Wisconsin
$15K +$366 +9 +3%
WEC
127
Winslow Evans & Crocker
Massachusetts
$14K
WIM
128
Westside Investment Management
California
$13.1K
PNC Financial Services Group
129
PNC Financial Services Group
Pennsylvania
$13K -$5.16K -127 -30%
APA
130
American Portfolios Advisors
New York
$13K +$11.6K +285 New
FDCDDQ
131
Federation des caisses Desjardins du Quebec
Quebec, Canada
$11.7K -$813 -20 -7%
Bank of Montreal
132
Bank of Montreal
Ontario, Canada
$11K -$528 -13 -5%
CPIG
133
Chicago Partners Investment Group
Illinois
$11K
BDWM
134
Brewin Dolphin Wealth Management
Ireland
$10.7K -$1.02K -25 -10%
KTC
135
Kistler-Tiffany Companies
Pennsylvania
$10K +$5.73K +141 +201%
HCM
136
Highlander Capital Management
New Jersey
$8K
VNA
137
Valley National Advisers
Pennsylvania
$8K
RFS
138
Rockefeller Financial Services
New York
$7K
RE
139
RBC Europe
United Kingdom
$6.66K
AIM
140
Advantage Investment Management
Iowa
$6K
LFA
141
Legacy Financial Advisors
Kentucky
$6K +$5.81K +143 New
AA
142
AlphaMark Advisors
Kentucky
$5K
PCP
143
Proficio Capital Partners
Massachusetts
$5K
CIBC Private Wealth Group
144
CIBC Private Wealth Group
Georgia
$5K +$4.07K +100 New
KJWM
145
Kiley Juergens Wealth Management
Washington
$5K +$5.28K +130 New
Envestnet Asset Management
146
Envestnet Asset Management
Illinois
$4K -$81 -2 -2%
MA
147
MUFG Americas
New York
$3K -$1.67K -41 -38%
Federated Hermes
148
Federated Hermes
Pennsylvania
$3K -$81 -2 -3%
ClearBridge Investments
149
ClearBridge Investments
New York
$3K
FIB
150
First Interstate Bank
Montana
$3K

PJT Hedge Fund Activity: Q4 2017 in Review

200 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q4 2017, worth a combined $511M — up 23% from $416M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PJT positions and 22 closed out — a net gain of 12 holders — while 44 added to existing stakes and 49 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $10.3M. The largest seller was Millennium Management, cutting an estimated $8.27M.

  • 200 institutional investors held PJT Partners (PJT) as of Q4 2017, up from 188 in Q3 2017.
  • Funds reported $511M of PJT Partners stock for Q4 2017, up 23% quarter-over-quarter.
  • 34 funds opened new PJT Partners positions in Q4 2017 and 22 closed out, a net change of +12 holders.
  • The largest PJT Partners buyer in Q4 2017 was Fidelity Investments, an estimated $10.3M added.
  • The largest PJT Partners seller in Q4 2017 was Millennium Management, an estimated $8.27M sold.

Based on aggregated 13F filings for Q4 2017.