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.
48% more capital inflows, than outflows
Capital inflows: $115M | Capital outflows: $77.6M
2.85% more ownership
Funds ownership: 62.81% → 65.67% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less funds holding
Funds holding: 206 → 205 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eagle Asset Management
St Petersburg,
Florida
|
+$33.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$27M |
| 3 |
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$24.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.12M |
| 5 |
Employees Retirement System of Texas
Austin,
Texas
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$15.4M |
| 2 |
University of Notre Dame du Lac
South Bend,
Indiana
|
-$8.62M |
| 3 |
Spark Investment Management
New York
|
-$4.01M |
| 4 |
BlackRock
New York
|
-$3.88M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$3.36M |
PJT Hedge Fund Activity: Q3 2018 in Review
205 of the 4,392 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.