PJT Partners
242 hedge funds and large institutions have $1.21B invested in PJT Partners in 2020 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 60 increasing their positions, 74 reducing their positions, and 19 closing their positions.
168% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 19
89% more call options, than puts
Call options by funds: $414K | Put options by funds: $219K
24% more capital invested
Capital invested by funds: $979M → $1.21B (+$234M)
14% more funds holding
Funds holding: 212 → 242 (+30)
0.54% more ownership
Funds ownership: 67.38% → 67.91% (+0.54%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
19% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.4M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$23.6M |
| 3 |
Goldman Sachs
New York
|
+$14.3M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$7.97M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFM
MHR Fund Management
New York
|
-$53.4M |
| 2 |
Bank of New York Mellon
New York
|
-$15.5M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$7.99M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$7.4M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$7.01M |
PJT Hedge Fund Activity: Q4 2020 in Review
242 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q4 2020, worth a combined $1.21B — up 24% from $979M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PJT positions and 19 closed out — a net gain of 32 holders — while 60 added to existing stakes and 74 trimmed.
The largest buyer was Vanguard Group, adding an estimated $33.4M. The largest seller was MHR Fund Management, exiting entirely with an estimated $53.4M sold.
- 242 institutional investors held PJT Partners (PJT) as of Q4 2020, up from 212 in Q3 2020.
- Funds reported $1.21B of PJT Partners stock for Q4 2020, up 24% quarter-over-quarter.
- 51 funds opened new PJT Partners positions in Q4 2020 and 19 closed out, a net change of +32 holders.
- The largest PJT Partners buyer in Q4 2020 was Vanguard Group, an estimated $33.4M added.
- The largest PJT Partners seller in Q4 2020 was MHR Fund Management, an estimated $53.4M sold.
Based on aggregated 13F filings for Q4 2020.