PJT Partners
PJT
164 hedge funds and large institutions have $276M invested in PJT Partners in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 50 reducing their positions, and 18 closing their positions.
1,058% more call options, than puts
Call options by funds: $1.89M | Put options by funds: $163K
19% more capital invested
Capital invested by funds: $232M → $276M (+$43.8M)
0.48% more ownership
Funds ownership: 56.24% → 56.72% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 168 → 164 (-4)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
28% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.78M |
| 2 |
KCM
Kingstown Capital Management
New York
|
+$2.51M |
| 3 |
EFEM
Eos Focused Equity Management
New York
|
+$1.34M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$885K |
| 5 |
Renaissance Technologies
New York
|
+$837K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGA
MatlinPatterson Global Advisers
New York
|
-$5.23M |
| 2 |
Morgan Stanley
New York
|
-$2.13M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.63M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$709K |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$671K |
PJT Hedge Fund Activity: Q3 2016 in Review
164 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q3 2016, worth a combined $276M — up 19% from $232M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PJT and 16 opened new positions — a net loss of 2 holders — while 50 trimmed existing stakes and 36 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $5.78M. The largest seller was MatlinPatterson Global Advisers, exiting entirely with an estimated $5.23M sold.
- 164 institutional investors held PJT Partners (PJT) as of Q3 2016, down from 168 in Q2 2016.
- Funds reported $276M of PJT Partners stock for Q3 2016, up 19% quarter-over-quarter.
- 16 funds opened new PJT Partners positions in Q3 2016 and 18 closed out, a net change of -2 holders.
- The largest PJT Partners buyer in Q3 2016 was Millennium Management, an estimated $5.78M added.
- The largest PJT Partners seller in Q3 2016 was MatlinPatterson Global Advisers, an estimated $5.23M sold.
Based on aggregated 13F filings for Q3 2016.