We are live on ! Find out more
PJT icon

PJT Partners
PJT

180 hedge funds and large institutions have $613M invested in PJT Partners in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $785K | Put options by funds: $452K

21% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 43

2.98% more ownership

Funds ownership: 62.15% → 65.12% (+3%)

3% more capital invested

Capital invested by funds: $598M → $613M (+$15M)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

3% less funds holding

Funds holding: 185 → 180 (-5)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

Holders
180
Holders Change
-5
Holders Change %
-2.7%
% of All Funds
3.95%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
20
Increased
52
Reduced
43
Closed
23
Calls
$785K
Puts
$452K
Net Calls
+$333K
Net Calls Change
+$301K

Top Buyers

Rank Fund Capital Flow
1
JAM
Jacobs Asset Management
New York
+$9.75M
2
ClearBridge Investments
ClearBridge Investments
New York
+$4.7M
3
Citadel Advisors
Citadel Advisors
Florida
+$3.49M
4
MPAM
Monarch Partners Asset Management
Massachusetts
+$3.49M
5
Bank of New York Mellon
Bank of New York Mellon
New York
+$2.9M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$10.2M
2
PCM
Penn Capital Management
Pennsylvania
-$5.48M
3
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
-$3.49M
4
KA
Klingman & Associates
New York
-$1.61M
5
SIM
Spark Investment Management
New York
-$1.38M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$65.4M +$2.05M +50,857 +3%
EAM
2
Eagle Asset Management
Florida
$54.9M -$52.2K -1,297 -0.1%
CC
3
Corsair Capital
New York
$53.4M – – –
Bank of New York Mellon
4
Bank of New York Mellon
New York
$40.6M +$2.9M +72,128 +8%
Vanguard Group
5
Vanguard Group
Pennsylvania
$39.2M -$1.07M -26,513 -3%
MFM
6
MHR Fund Management
New York
$35.8M – – –
CTA
7
Carillon Tower Advisers
Florida
$31.6M – – –
ClearBridge Investments
8
ClearBridge Investments
New York
$23M +$4.7M +116,719 +26%
Millennium Management
9
Millennium Management
New York
$21.4M -$377K -9,365 -2%
Goldman Sachs
10
Goldman Sachs
New York
$19.6M -$954K -23,724 -5%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$18.4M -$171K -4,246 -0.9%
State Street
12
State Street
Massachusetts
$18.3M +$525K +13,039 +3%
Northern Trust
13
Northern Trust
Illinois
$13M +$2.49M +61,938 +24%
SC
14
Sessa Capital
New York
$12.9M -$314K -7,800 -2%
JAM
15
Jacobs Asset Management
New York
$12.3M +$9.75M +242,398 +412%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$10.9M +$462K +11,472 +4%
PCA
17
Prospect Capital Advisors
California
$9.78M +$2.57M +63,850 +36%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$9.47M -$10.2M -253,688 -52%
PFMOSF
19
Philadelphia Financial Management of San Francisco
California
$7.25M -$434K -10,790 -6%
Victory Capital Management
20
Victory Capital Management
Texas
$7.15M +$727K +18,079 +11%
Bank of America
21
Bank of America
North Carolina
$5.86M +$165K +4,112 +3%
Charles Schwab
22
Charles Schwab
California
$5.13M +$61.3K +1,524 +1%
KA
23
Klingman & Associates
New York
$5.08M -$1.61M -40,000 -24%
BCMNY
24
Buckingham Capital Management (New York)
New York
$4.77M +$1.41M +35,000 +43%
GI
25
GAMCO Investors
Connecticut
$4.68M +$141K +3,493 +3%
1
2 3 4 5

PJT Hedge Fund Activity: Q3 2019 in Review

180 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q3 2019, worth a combined $613M — up 2.5% from $598M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PJT and 20 opened new positions — a net loss of 3 holders — while 43 trimmed existing stakes and 52 added.

The largest buyer was Jacobs Asset Management, adding an estimated $9.75M. The largest seller was Fidelity Investments, cutting an estimated $10.2M.

  • 180 institutional investors held PJT Partners (PJT) as of Q3 2019, down from 185 in Q2 2019.
  • Funds reported $613M of PJT Partners stock for Q3 2019, up 2.5% quarter-over-quarter.
  • 20 funds opened new PJT Partners positions in Q3 2019 and 23 closed out, a net change of -3 holders.
  • The largest PJT Partners buyer in Q3 2019 was Jacobs Asset Management, an estimated $9.75M added.
  • The largest PJT Partners seller in Q3 2019 was Fidelity Investments, an estimated $10.2M sold.

Based on aggregated 13F filings for Q3 2019.