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PJT Partners

205 hedge funds and large institutions have $707M invested in PJT Partners in 2018 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.85% more ownership

Funds ownership: 62.81%65.67% (+2.9%)

3% more capital invested

Capital invested by funds: $687M → $707M (+$20.4M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% less funds holding

Funds holding: 206205 (-1)

4% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 27

11% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 55

Holders
205
Holders Change
-1
Holders Change %
-0.49%
% of All Funds
4.69%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
26
Increased
49
Reduced
55
Closed
27
Calls
$5K
Puts
Net Calls
+$5K
Net Calls Change
+$512K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$122M +$27M +480,286 +26%
EAM
2
Eagle Asset Management
Florida
$75.2M +$33.2M +590,512 +70%
BlackRock
3
BlackRock
New York
$74.7M -$3.88M -68,945 -5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$47.8M +$641K +11,394 +1%
MFM
5
MHR Fund Management
New York
$46.1M
SC
6
Sessa Capital
New York
$43.7M -$2.28M -40,566 -5%
CTA
7
Carillon Tower Advisers
Florida
$36.3M +$24.6M +437,497 +170%
Renaissance Technologies
8
Renaissance Technologies
New York
$22.6M -$15.4M -272,800 -39%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$21.9M +$1.15M +20,350 +5%
State Street
10
State Street
Massachusetts
$21.4M +$849K +15,078 +4%
Northern Trust
11
Northern Trust
Illinois
$12.9M +$351K +6,228 +3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$9.95M +$505K +8,963 +5%
PCM
13
Penn Capital Management
Pennsylvania
$9.23M -$2.51M -44,574 -22%
MCM
14
Maltese Capital Management
New York
$8.9M +$1.69M +30,042 +21%
PCA
15
Prospect Capital Advisors
California
$8.57M -$766K -13,600 -8%
Bank of America
16
Bank of America
North Carolina
$8.56M +$5.12M +90,950 +125%
KA
17
Klingman & Associates
New York
$8.55M
Bank of New York Mellon
18
Bank of New York Mellon
New York
$7.49M -$1.21M -21,566 -13%
GF
19
Gabelli Funds
New York
$6.28M
New York State Common Retirement Fund
20
New York State Common Retirement Fund
New York
$5.74M -$594K -10,558 -9%
Charles Schwab
21
Charles Schwab
California
$5.52M +$394K +6,992 +7%
GI
22
GAMCO Investors
Connecticut
$5.5M -$2.82M -50,000 -32%
Morgan Stanley
23
Morgan Stanley
New York
$5.33M -$624K -11,090 -10%
PP
24
Prospector Partners
Connecticut
$5.29M -$535K -9,500 -9%
ERSOT
25
Employees Retirement System of Texas
Texas
$5.24M +$4.34M +77,000 +335%

PJT Hedge Fund Activity: Q3 2018 in Review

205 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q3 2018, worth a combined $707M — up 3% from $687M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of PJT and 26 opened new positions — a net loss of 1 holder — while 55 trimmed existing stakes and 49 added.

The largest buyer was Eagle Asset Management, adding an estimated $33.2M. The largest seller was Renaissance Technologies, cutting an estimated $15.4M.

  • 205 institutional investors held PJT Partners (PJT) as of Q3 2018, down from 206 in Q2 2018.
  • Funds reported $707M of PJT Partners stock for Q3 2018, up 3% quarter-over-quarter.
  • 26 funds opened new PJT Partners positions in Q3 2018 and 27 closed out, a net change of -1 holder.
  • The largest PJT Partners buyer in Q3 2018 was Eagle Asset Management, an estimated $33.2M added.
  • The largest PJT Partners seller in Q3 2018 was Renaissance Technologies, an estimated $15.4M sold.

Based on aggregated 13F filings for Q3 2018.