PJT Partners
PJT
242 hedge funds and large institutions have $1.12B invested in PJT Partners in 2021 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 77 increasing their positions, 69 reducing their positions, and 30 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 69
10% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 30
0% more funds holding
Funds holding: 242 → 242 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.66% less ownership
Funds ownership: 67.91% → 65.25% (-2.7%)
8% less capital invested
Capital invested by funds: $1.21B → $1.12B (-$97.1M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $555K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$23.2M |
| 2 |
KA
Klingman & Associates
New York
|
+$22.4M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$21.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$10.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$33.9M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$9.9M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$9.54M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.4M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$5.71M |
PJT Hedge Fund Activity: Q1 2021 in Review
242 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q1 2021, worth a combined $1.12B — down 8% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PJT positions and 30 closed out — a net gain of 3 holders — while 77 added to existing stakes and 69 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $23.2M. The largest seller was AllianceBernstein, cutting an estimated $33.9M.
- 242 institutional investors held PJT Partners (PJT) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $1.12B of PJT Partners stock for Q1 2021, down 8% quarter-over-quarter.
- 33 funds opened new PJT Partners positions in Q1 2021 and 30 closed out, a net change of +3 holders.
- The largest PJT Partners buyer in Q1 2021 was TimesSquare Capital Management, an estimated $23.2M added.
- The largest PJT Partners seller in Q1 2021 was AllianceBernstein, an estimated $33.9M sold.
Based on aggregated 13F filings for Q1 2021.