PJT Partners
202 hedge funds and large institutions have $679M invested in PJT Partners in 2020 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 50 increasing their positions, 55 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
98% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $789K
61% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 23
5% more funds holding
Funds holding: 192 → 202 (+10)
1% less capital invested
Capital invested by funds: $685M → $679M (-$5.73M)
9% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 55
1.12% less ownership
Funds ownership: 65.79% → 64.67% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$30.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.2M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$16.4M |
| 4 |
ClearBridge Investments
New York
|
+$10M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$7.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Corsair Capital
New York
|
-$57.5M |
| 2 |
Millennium Management
New York
|
-$16.9M |
| 3 |
SC
Sessa Capital
New York
|
-$10.7M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$4.82M |
| 5 |
Bank of New York Mellon
New York
|
-$4.44M |
PJT Hedge Fund Activity: Q1 2020 in Review
202 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q1 2020, worth a combined $679M — down 0.84% from $685M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PJT positions and 23 closed out — a net gain of 14 holders — while 50 added to existing stakes and 55 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $30.3M. The largest seller was Corsair Capital, cutting an estimated $57.5M.
- 202 institutional investors held PJT Partners (PJT) as of Q1 2020, up from 192 in Q4 2019.
- Funds reported $679M of PJT Partners stock for Q1 2020, down 0.84% quarter-over-quarter.
- 37 funds opened new PJT Partners positions in Q1 2020 and 23 closed out, a net change of +14 holders.
- The largest PJT Partners buyer in Q1 2020 was AllianceBernstein, an estimated $30.3M added.
- The largest PJT Partners seller in Q1 2020 was Corsair Capital, an estimated $57.5M sold.
Based on aggregated 13F filings for Q1 2020.