Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pjt Partners Inc (PJT)

408 + Investors. Track Smart Money conviction in PJT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — PJT

Based on 399 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PJT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
399 hedge funds hold PJT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

191 buying189 selling
Last quarter: 191 funds bought or added vs 189 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~59 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 46 → 46 → 64 → 59. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 26% medium ■ 20% new
215 out of 399 hedge funds have held PJT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +1%, value -17%

Value
-17%
Shares
+0%
Last quarter: funds added +1% more shares while total portfolio value only changed -17%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

78 → 46 → 46 → 64 → 59 new funds/Q
New funds entering each quarter: 46 → 46 → 64 → 59. A growing number of institutions are discovering PJT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 58% veterans vs 27% newcomers

■ 58% veterans ■ 15% 1-2yr ■ 27% new
Entry-cohort mix of 407 holders: 237 (58%) are 2+ year veterans, 60 entered 1–2 years ago, and 110 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
53 of 396 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in PJT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PJT

In 2026 Q1, 191 hedge funds were net buyers of PJT (59 opened a new position, 132 added to an existing one), while 189 reduced or exited (123 trimmed, 66 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 56% of total institutional value in PJT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 399.

Hedge Fund Ownership: PJT

How many hedge funds hold PJT — quarterly history vs. share price
Quarterly hedge fund ownership of PJT vs. share price

Market Analysis: PJT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PJT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Pjt Partners Inc (PJT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PJT has moved relative to its sector benchmark (XLF) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 50d ago
PJT
+14.2%
XLF
+7.9%

PJT outperformed XLF by +6.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 5d ago
PJT
-1.2%
XLF
-0.5%

Since the filing became public, PJT outperformed XLF by -0.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 0 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: PJT
408 + Investors

Track Smart Money conviction in PJT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 408 401 1.75%
13F Shares 23M 21M 9.95%
Total Value $3.37B $2.84B 18.71%
New Positions 75 60 +15
Increased Positions 145 133 +12
Closed Positions 66 65 +1
Reduced Positions 100 120 -20
Total Calls 5 5 -
Total Puts 4 5 -20.0%
PUT/CALL Ratio 0.8 1.0 Neutral

Statistics: PJT

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

408 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PJT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PJT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Prospect Capital Advisors, LLC 6.73% 98,230 $14.8M
2 Azora Capital LP 2.05% 322,481 $48.7M
3 Quartz Partners, LLC 1.64% 33,231 $5.0M
4 Wasatch Advisors LP 1.46% 1,478,222 $223.1M
5 Grandeur Peak Global Advisors, LLC 0.82% 44,025 $3.5M
6 Harbor Advisors LLC 0.79% 41,519 $6.3M
7 Asset Management Group, Inc. 0.77% 34,811 $5.3M
8 Champlain Investment Partners, LLC 0.71% 183,009 $27.6M
9 Congress Asset Management Co 0.67% 723,474 $109.2M
10 Bridge City Capital, LLC 0.52% 14,957 $2.3M
11 Odyssean, LLC 0.48% 19,511 $2.9M
12 Beacon Harbor Wealth Advisors, Inc. 0.43% 12,976 $2.2M
13 Guardian Investment Management 0.42% 4,267 $644K
14 Emerald Investment Advisers, LLC 0.32% 31,911 $4.8M
15 Independent Solutions Wealth Management, LLC 0.31% 15,970 $2.4M
16 Interval Partners, LP 0.30% 76,506 $11.5M
17 Account Management LLC 0.30% 1,937 $292K
18 Fieldview Capital Management, LLC 0.23% 5,243 $791K
19 Trust Co of Toledo NA /Oh/ 0.17% 13,203 $2.0M
20 Grey Ledge Advisors, LLC 0.16% 5,363 $809K
21 WINTON GROUP Ltd 0.15% 30,500 $4.6M
22 Rice Hall James & Associates, LLC 0.13% 18,213 $2.7M
23 Kornitzer Capital Management Inc /Ks 0.13% 41,275 $6.2M
24 Bayforest Capital Ltd 0.13% 915 $138K
25 denkapparat Operations GmbH 0.12% 2,468 $373K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pjt Partners Inc (PJT)

What does the Smart Money Trend signal show for PJT?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PJT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PJT?

Slight buying edge — 50% buying: Last quarter: 191 funds bought or added vs 189 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PJT holders?

Elite ownership — 56% AUM from top-100 funds: 53 of 396 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in PJT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PJT?

54% of holders stayed for 2+ years: 215 out of 399 hedge funds have held PJT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Pjt Partners Inc (PJT) following the 2026 Q2 hedge fund 13F filings?

As of today, PJT has moved -1.2% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.5% for the XLF sector ETF — an outperformance of -0.7%. Since the quarter end (June 30, 2026), PJT has gained +14.2% vs +7.9% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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