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PJT Partners

284 hedge funds and large institutions have $2.2B invested in PJT Partners in 2023 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 70 increasing their positions, 102 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

293% more call options, than puts

Call options by funds: $7.77M | Put options by funds: $1.98M

211% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 18

42% more capital invested

Capital invested by funds: $1.55B → $2.2B (+$653M)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

13% more funds holding

Funds holding: 251284 (+33)

8.79% more ownership

Funds ownership: 80.43%89.22% (+8.8%)

31% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 102

Holders
284
Holders Change
+33
Holders Change %
+13.15%
% of All Funds
4.14%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
56
Increased
70
Reduced
102
Closed
18
Calls
$7.77M
Puts
$1.98M
Net Calls
+$5.8M
Net Calls Change
+$5.23M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$319M +$122M +1,418,904 +83%
Vanguard Group
2
Vanguard Group
Pennsylvania
$248M +$27.3M +317,437 +15%
ClearBridge Investments
3
ClearBridge Investments
New York
$110M -$2.22M -25,842 -2%
State Street
4
State Street
Massachusetts
$92.2M +$28M +325,586 +56%
EAM
5
Eagle Asset Management
Florida
$86.1M -$10.7M -124,685 -13%
AllianceBernstein
6
AllianceBernstein
Tennessee
$78.9M -$1.76M -20,473 -3%
Macquarie Group
7
Macquarie Group
Australia
$76M -$280K -3,253 -0.4%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$66.5M -$16.1M -187,129 -22%
Loomis, Sayles & Company
9
Loomis, Sayles & Company
Massachusetts
$55.1M -$1.47M -17,128 -3%
Morgan Stanley
10
Morgan Stanley
New York
$54.7M +$32.8M +381,675 +245%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$53.3M +$1.44M +16,786 +3%
HSBC Holdings
12
HSBC Holdings
United Kingdom
$52.1M +$43.5M +505,712 +11,554%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$43M +$762K +8,857 +2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$41.6M +$1.27M +14,720 +4%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$38.9M -$3.35K -39 -0%
GPGA
16
Grandeur Peak Global Advisors
Utah
$38.1M -$6.34M -73,727 -16%
Schroder Investment Management Group
17
Schroder Investment Management Group
United Kingdom
$29.8M -$6.79M -78,995 -21%
Bank of America
18
Bank of America
North Carolina
$29.5M +$3.56M +41,348 +17%
PCA
19
Prospect Capital Advisors
California
$29.1M -$581K -6,755 -2%
Rockefeller Capital Management
20
Rockefeller Capital Management
New York
$27.7M +$3.13M +36,357 +15%
Northern Trust
21
Northern Trust
Illinois
$25.3M +$1.29M +14,982 +6%
TCM
22
TimesSquare Capital Management
New York
$23.8M -$8.52M -99,127 -30%
Charles Schwab
23
Charles Schwab
California
$22.7M +$1.33M +15,491 +7%
DCM
24
Driehaus Capital Management
Illinois
$21.4M +$8.77M +101,945 +94%
FCM
25
Frontier Capital Management
Massachusetts
$20.7M +$527K +6,135 +3%

PJT Hedge Fund Activity: Q4 2023 in Review

284 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PJT Partners (PJT) for Q4 2023, worth a combined $2.2B — up 42% from $1.55B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new PJT positions and 18 closed out — a net gain of 38 holders — while 70 added to existing stakes and 102 trimmed.

The largest buyer was BlackRock, adding an estimated $122M. The largest seller was Aberdeen Group, cutting an estimated $18.7M.

  • 284 institutional investors held PJT Partners (PJT) as of Q4 2023, up from 251 in Q3 2023.
  • Funds reported $2.2B of PJT Partners stock for Q4 2023, up 42% quarter-over-quarter.
  • 56 funds opened new PJT Partners positions in Q4 2023 and 18 closed out, a net change of +38 holders.
  • The largest PJT Partners buyer in Q4 2023 was BlackRock, an estimated $122M added.
  • The largest PJT Partners seller in Q4 2023 was Aberdeen Group, an estimated $18.7M sold.

Based on aggregated 13F filings for Q4 2023.