PJT Partners

PJT • NYSE

PJT Partners is a financial - capital markets company in the financial services sector on NYSE, led by Paul J. Taubman, with a market cap of $4.1B. As of Q3 2025, 86% of shares are held by 382 institutional investors, with BlackRock, Inc. as the largest holder at 15.12%.

Chairman and Chief Executive OfficerPaul J. Taubman

Market Cap$4.1B

Financial - Capital Markets

Financial Services

Employees1.0K

Websitepjtpartners.com

Country

United States of America

Overview

Overview of institutional ownership in PJT as of Q3 2025 with a market cap of $4.3B

All Institutions

Institutions: 382
Value Held: $3.7B
Shares Held: 20.9M
Avg Position: $9.7M
Median Position: $562.5K

Hedge Funds

Hedge Funds: 30
Value Held: $161.9M
Shares Held: 911.2K
Avg Position: $5.4M
Median Position: $1.9M

Ownership Breakdown

Institutional (non-HF)

82.35%

$3.6B

Hedge Funds

3.75%

$161.9M

Retail & Other

13.9%

$600.3M

Based on market cap of $4.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PJT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$653.1M 0.01% of portfolio	15.12% 3.7M shares	Q4 2015 Held for 9y 11m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$446.6M 0.01% of portfolio	10.34% 2.5M shares	Q4 2015 Held for 9y 11m	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$168.4M 0.01% of portfolio	3.90% 947.2K shares	Q4 2015 Held for 9y 11m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$118.5M 0.01% of portfolio	2.74% 666.5K shares	Q4 2015 Held for 9y 11m	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$109.1M 0.01% of portfolio	2.53% 614.0K shares	Q4 2015 Held for 9y 11m	$1.65T
FMR LLC Institution	-	$104.7M 0.01% of portfolio	2.42% 588.9K shares	Q4 2015 Held for 9y 11m	$1.92T
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager	Daniel Anthony Lagan CEO	$94.4M 0.63% of portfolio	2.19% 531.4K shares	Q2 2024 Held for 1y 5m	$15.0B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$92.3M 0.01% of portfolio	2.14% 519.4K shares	Q1 2020 Held for 5y 8m	$633.08B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$89.9M 0.03% of portfolio	2.08% 505.8K shares	Q2 2016 Held for 9y 5m	$317.45B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$82.5M 0.03% of portfolio	1.91% 464.1K shares	Q4 2024 Held for 11 months	$310.43B

Net Capital Flow

Institutional buying and selling activity for PJT in Q3 2025

Traded: +$65.1M
Buyers: 163
Sellers: 156
Total Bought: +$312.2M
Total Sold: −$247.1M
Avg Position: $9.1M

Biggest Buyers

Institution	Net Bought	Current Position
WASATCH ADVISORS INC Long Only Manager	+$68.6M +386.0K shares	$68.6M 386.0K shares
Azora Capital LP Hedge Fund•Long/Short	+$40.1M +225.4K shares	$40.1M 225.4K shares
A Advisor Group Holdings, Inc. Institution	+$13.6M +76.8K shares	$13.8M 77.6K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$12.3M +69.3K shares	$14.1M 79.2K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$12.0M +67.6K shares	$15.1M 84.9K shares
P PUTNAM FL INVESTMENT MANAGEMENT CO Institution	+$10.9M +61.2K shares	$12.1M 68.2K shares
J JANE STREET GROUP, LLC Institution	+$9.1M +51.2K shares	$9.1M 51.2K shares
HENDERSON GROUP PLC Institution	+$8.6M +48.5K shares	$10.4M 58.4K shares
Q Qube Research & Technologies Ltd Institution	+$7.0M +39.3K shares	$13.4M 75.3K shares
D D. E. Shaw & Co., Inc. Institution	+$6.7M +37.5K shares	$8.6M 48.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$52.8M −296.8K shares	$653.1M 3.7M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$18.3M −102.7K shares	$56.2M 316.3K shares
C Champlain Investment Partners, LLC Long Only Manager	−$15.7M −88.3K shares	$73.6M 414.1K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$13.9M −84.0K shares	Sold Off 0 shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$13.4M −75.7K shares	$56.1M 315.4K shares
MORGAN STANLEY RIA/Wealth	−$9.2M −51.6K shares	$109.1M 614.0K shares
MAI Wealth Advisors RIA/Wealth	−$8.4M −47.4K shares	$4.6M 25.9K shares
GANNETT WELSH & KOTLER Long Only Manager	−$8.0M −45.2K shares	$7.8M 43.7K shares
VANGUARD GROUP INC Institution	−$7.5M −42.2K shares	$446.6M 2.5M shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	−$7.2M −43.9K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PJT in Q3 2025

New Positions: 21
New Value: $81.1M
Exited Positions: 26
Exited Value: $36.1M

New Positions

Institution	Position Value
WASATCH ADVISORS INC Long Only Manager	$68.6M 386.0K shares
KORNITZER CAPITAL MANAGEMENT INC /KS Long Only Manager	$4.8M 27.2K shares
KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager	$2.4M 13.4K shares
EFG Asset Management Corp. Long Only Manager	$1.3M 7.1K shares
Voleon Capital Management LP Hedge Fund•Quant	$1.0M 5.7K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$675.7K 3.8K shares
F FOX RUN MANAGEMENT, L.L.C. Hedge Fund•Quant	$556.5K 3.1K shares
V Vise Technologies, Inc. Institution	$413.4K 2.3K shares
B Brevan Howard Capital Management LP Institution	$375.4K 2.1K shares
P PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO Institution	$324.9K 1.8K shares

Exited Positions

Institution	Previous Position
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$13.9M 84.0K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$7.2M 43.9K shares
Lighthouse Investment Partners, LLC Fund of Funds	$4.8M 28.9K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.1M 18.8K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.5M 8.9K shares
L Laurel Wealth Advisors LLC RIA/Wealth	$1.0M 6.1K shares
TOWNSQUARE CAPITAL LLC RIA/Wealth	$862.3K 5.2K shares
MANGROVE PARTNERS Hedge Fund•Multi-Strategy	$782.0K 4.7K shares
SIERRA SUMMIT ADVISORS LLC RIA/Wealth	$753.6K 4.6K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$576.1K 3.5K shares

Options Activity

Institutions with the largest Call and Put options positions in PJT as of Q3 2025

Call Positions: 3
Call Value: $2.7M
Put Positions: 2
Put Value: $1.6M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.9M 105.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$799.8K 45.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.4M 79.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$213.3K 12.0 contracts

Most Committed Institutions

Institutions with PJT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Prospect Capital Advisors, LLC Hedge Fund•Long/Short	Daniel William Mendoza Managing Partner	8.84% $17.1M	0.40% 96.0K shares	Q2 2017 Held for 8y 5m	$193.0M
Azora Capital LP Hedge Fund•Long/Short	Ravi (Nmn) Chopra CIO	1.86% $40.1M	0.93% 225.4K shares	Q3 2025 Held for 2 months	$2.2B
Quartz Partners, LLC RIA/Wealth	Joseph Albert Leo CEO	1.60% $4.4M	0.10% 24.8K shares	Q2 2025 Held for 5 months	$276.1M
PROSPECTOR PARTNERS LLC Hedge Fund•Long/Short	John Davies Gillespie Managing Partner	1.17% $9.6M	0.22% 54.0K shares	Q3 2015 Held for 10y 2m	$820.3M
H Harbor Advisors LLC Family Office	Shiaujie Fu Managing Partner	1.14% $7.4M	0.17% 41.5K shares	Q4 2016 Held for 8y 11m	$649.2M
Asset Management Group, Inc. RIA/Wealth	Legrand Snowden Redfield President	1.06% $6.5M	0.15% 36.4K shares	Q4 2015 Held for 9y 11m	$611.3M
Grandeur Peak Global Advisors, LLC Long Only Manager	Blake Harold Walker CEO	0.97% $7.2M	0.17% 40.5K shares	Q1 2020 Held for 5y 8m	$745.4M
guardian investment management RIA/Wealth	Thibault Basquin Member	0.68% $800.9K	0.02% 4.5K shares	Q3 2025 Held for 2 months	$117.6M
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager	Daniel Anthony Lagan CEO	0.63% $94.4M	2.19% 531.4K shares	Q2 2024 Held for 1y 5m	$15.0B
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	Braden Shayne Janowski CIO	0.58% $3.6M	0.08% 20.2K shares	Q1 2025 Held for 8 months	$616.3M

Hedge Fund Spotlight

Discover hedge funds investing in PJT

Quantbot Technologies LLC

Hedge Fund • Quant

Portfolio ManagerPaul Edward White

Portfolio Value: $3.7B
Positions: 1,694
Last Reported: Q3 2025

Sector Allocation

Position in PJT Partners

Market Value: $4.4M
Shares Held: 24.5K
Portfolio Weight: 0.12%
Owned Since: 2020-Q3

Top Holding	Sector	Market Value	Weight
1 SoFi Technologies, Inc. SOFI	Financial - Credit Services Financial Services	$29.1M	0.79%
2 Lam Research LRCX	Semiconductors Technology	$27.8M	0.75%
3 Honeywell International HON	Conglomerates Industrials	$27.6M	0.75%