PJT Partners
205 hedge funds and large institutions have $842M invested in PJT Partners in 2020 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 59 increasing their positions, 54 reducing their positions, and 32 closing their positions.
25% more capital invested
Capital invested by funds: $673M → $842M (+$169M)
16% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 32
4.17% more ownership
Funds ownership: 64.03% → 68.21% (+4.2%)
1% more funds holding
Funds holding: 202 → 205 (+3)
9% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 54
43% less call options, than puts
Call options by funds: $737K | Put options by funds: $1.3M
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$28.2M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$14.8M |
| 3 |
Millennium Management
New York
|
+$9.67M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.33M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$12.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.7M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$8.49M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$7.71M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.34M |
PJT Hedge Fund Activity: Q2 2020 in Review
205 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q2 2020, worth a combined $842M — up 25% from $673M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PJT positions and 32 closed out — a net gain of 5 holders — while 59 added to existing stakes and 54 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $28.2M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $12.7M.
- 205 institutional investors held PJT Partners (PJT) as of Q2 2020, up from 202 in Q1 2020.
- Funds reported $842M of PJT Partners stock for Q2 2020, up 25% quarter-over-quarter.
- 37 funds opened new PJT Partners positions in Q2 2020 and 32 closed out, a net change of +5 holders.
- The largest PJT Partners buyer in Q2 2020 was Loomis, Sayles & Company, an estimated $28.2M added.
- The largest PJT Partners seller in Q2 2020 was Philadelphia Financial Management of San Francisco, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2020.