PJT Partners
PJT
200 hedge funds and large institutions have $511M invested in PJT Partners in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 22 closing their positions.
590% more call options, than puts
Call options by funds: $2.92M | Put options by funds: $424K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
55% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 22
23% more capital invested
Capital invested by funds: $416M → $511M (+$95.6M)
6% more funds holding
Funds holding: 188 → 200 (+12)
1.69% more ownership
Funds ownership: 58.58% → 60.28% (+1.7%)
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.3M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.34M |
| 4 |
UONDDL
University of Notre Dame du Lac
South Bend,
Indiana
|
+$2.36M |
| 5 |
Morgan Stanley
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.27M |
| 2 |
Renaissance Technologies
New York
|
-$3.76M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$3.63M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.71M |
| 5 |
SC
Sessa Capital
New York
|
-$1.7M |
PJT Hedge Fund Activity: Q4 2017 in Review
200 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q4 2017, worth a combined $511M — up 23% from $416M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PJT positions and 22 closed out — a net gain of 12 holders — while 44 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $10.3M. The largest seller was Millennium Management, cutting an estimated $8.27M.
- 200 institutional investors held PJT Partners (PJT) as of Q4 2017, up from 188 in Q3 2017.
- Funds reported $511M of PJT Partners stock for Q4 2017, up 23% quarter-over-quarter.
- 34 funds opened new PJT Partners positions in Q4 2017 and 22 closed out, a net change of +12 holders.
- The largest PJT Partners buyer in Q4 2017 was Fidelity Investments, an estimated $10.3M added.
- The largest PJT Partners seller in Q4 2017 was Millennium Management, an estimated $8.27M sold.
Based on aggregated 13F filings for Q4 2017.