PJT Partners
PJT
394 hedge funds and large institutions have $3.72B invested in PJT Partners in 2025 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 120 increasing their positions, 134 reducing their positions, and 25 closing their positions.
84% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 25
64% more call options, than puts
Call options by funds: $2.68M | Put options by funds: $1.63M
9% more capital invested
Capital invested by funds: $3.42B → $3.72B (+$307M)
4% more funds holding
Funds holding: 378 → 394 (+16)
1.45% more ownership
Funds ownership: 84.73% → 86.18% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 134
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$69.5M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
+$40.6M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$13.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12.5M |
| 5 |
Two Sigma Investments
New York
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$53.4M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$18.5M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$15.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.6M |
PJT Hedge Fund Activity: Q3 2025 in Review
394 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q3 2025, worth a combined $3.72B — up 9% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PJT positions and 25 closed out — a net gain of 21 holders — while 120 added to existing stakes and 134 trimmed.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $69.5M. The largest seller was BlackRock, cutting an estimated $53.4M.
- 394 institutional investors held PJT Partners (PJT) as of Q3 2025, up from 378 in Q2 2025.
- Funds reported $3.72B of PJT Partners stock for Q3 2025, up 9% quarter-over-quarter.
- 46 funds opened new PJT Partners positions in Q3 2025 and 25 closed out, a net change of +21 holders.
- The largest PJT Partners buyer in Q3 2025 was Wasatch Advisors, an estimated $69.5M added.
- The largest PJT Partners seller in Q3 2025 was BlackRock, an estimated $53.4M sold.
Based on aggregated 13F filings for Q3 2025.