PJT PARTNERS INC PJT
COM CL A · Common Stock · CUSIP 69343T107 · ISIN US69343T1079
Global advisory-focused investment bank
- SectorFinancials
- IndustryInvestment Advice
- HeadquartersNew York, NY
- Founded2015
- Websitepjtpartners.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($424.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $150.56. Options: 6 managers hold calls ($3.7m notional), 4 hold puts ($3.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 222 |
| Q4 2022 | 238 |
| Q1 2023 | 251 |
| Q2 2023 | 231 |
| Q3 2023 | 253 |
| Q4 2023 | 286 |
| Q1 2024 | 290 |
| Q2 2024 | 305 |
| Q3 2024 | 334 |
| Q4 2024 | 349 |
| Q1 2025 | 393 |
| Q2 2025 | 379 |
| Q3 2025 | 394 |
| Q4 2025 | 411 |
| Q1 2026 | 399 |
| Q2 2026 | 415 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 154 | 122 |
| Q4 2024 | 153 | 140 |
| Q1 2025 | 193 | 141 |
| Q2 2025 | 181 | 165 |
| Q3 2025 | 164 | 156 |
| Q4 2025 | 167 | 180 |
| Q1 2026 | 184 | 178 |
| Q2 2026 | 213 | 150 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.7m | $1.6m | 0.61 |
| Q4 2025 | $2.8m | $16.4m | 5.89 |
| Q1 2026 | $3.1m | $8.0m | 2.61 |
| Q2 2026 | $3.7m | $3.8m | 1.05 |
Biggest buyers
| ALLIANCEBERNSTEIN L.P. | Added | +710.0k |
| WASATCH ADVISORS LP | Added | +653.7k |
| BlackRock, Inc. | Added | +382.2k |
| FMR LLC | Added | +354.6k |
| Azora Capital LP | New | +322.5k |
| Squarepoint Ops LLC | Added | +135.3k |
| CONGRESS ASSET MANAGEMENT CO | Added | +119.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +103.4k |
| MARSHALL WACE, LLP | New | +101.2k |
| STATE STREET CORP | Added | +87.6k |
Biggest sellers
| Capital Research Global Investors | Sold out | -200.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -167.8k |
| Longaeva Partners L.P. | Sold out | -155.0k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -100.9k |
| BESSEMER GROUP INC | Reduced | -100.8k |
| Qube Research & Technologies Ltd | Sold out | -82.3k |
| D. E. Shaw & Co., Inc. | Reduced | -78.1k |
| Point72 Asset Management, L.P. | Reduced | -74.0k |
| Public Sector Pension Investment Board | Reduced | -63.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | Reduced | -59.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $754.7k5.0k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $739.6k4.9k shares |
| Caption Management, LLC | Unchanged | $739.6k4.9k shares |
| CITADEL ADVISORS LLC | Reduced | $649.0k4.3k shares |
| JANE STREET GROUP, LLC | Added | $437.7k2.9k shares |
| IMC-Chicago, LLC | Reduced | $332.1k2.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.1m13.7k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $739.6k4.9k shares |
| Caption Management, LLC | Unchanged | $739.6k4.9k shares |
| JANE STREET GROUP, LLC | Added | $271.7k1.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.0 pts · filed 2025-07-17 | 14.2% |
| WASATCH ADVISORS LP 13G · institution new · filed 2026-07-17 | 5.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 3 | $763.0k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 2 | $3.7m | — |
| Q3 2025 | 0 | — | 2 | $673.4k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 2 | $1.7m | — |
| Q3 2026 | 0 | — | 4 | $2.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-21 | Cornwell Kievdi Don Director | Sold | $1.4m7.8k shares |
| 2026-08-21 | Costos James Director | Sold | $301.5k1.7k shares |
| 2026-08-10 | Rafferty Emily K Director | Sold | $184.1k1.1k shares |
| 2026-07-31 | Skaugen Grace Reksten Director | Sold | $215.1k1.3k shares |
| 2026-05-06 | Travin David Adam General Counsel | Sold | $457.3k3.0k shares |
| 2026-05-01 | Meates Helen T Chief Financial Officer | Sold | $1.2m8.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 4.1m $615.1m | Added +382.2k |
| WASATCH ADVISORS LP 1.46% of their portfolio | 1.5m $223.1m | Added +653.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 1.4m $206.9m | Added +103.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.1m $168.8m | Added +70.0k |
| FMR LLC 0.01% of their portfolio | 1.1m $159.7m | Added +354.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $159.0m | Added +87.6k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 842.2k $117.7m | Added +710.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 792.3k $119.6m | Added +41.3k |
| CONGRESS ASSET MANAGEMENT CO 0.67% of their portfolio | 723.5k $109.2m | Added +119.1k |
| MORGAN STANLEY 0.00% of their portfolio | 614.7k $92.8m | Reduced -16.6k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 409.9k $61.9m | Reduced -13.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 406.3k $61.3m | Added +37.0k |
| Clearbridge Investments, LLC 0.05% of their portfolio | 393.7k $59.4m | Added +17.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 348.0k $52.5m | Added +60.0k |
| Azora Capital LP 2.05% of their portfolio | 322.5k $48.7m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 301.7k $45.5m | Added +26.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 282.2k $42.6m | Reduced -33.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 277.0k $41.8m | Added +14.5k |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 275.9k $41.6m | Reduced -19.7k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 216.6k $32.7m | Reduced -74.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 202.8k $30.6m | Added +14.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 198.3k $29.9m | Reduced -1.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 194.4k $29.3m | Reduced -36.0k |
| Jupiter Topco LLC 0.01% of their portfolio | 190.6k $28.8m | First filing |
| Bank of New York Mellon Corp 0.00% of their portfolio | 188.1k $28.4m | Added +8.7k |
| Champlain Investment Partners, LLC 0.71% of their portfolio | 183.0k $27.6m | Reduced -32.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 180.2k $27.2m | Reduced -5.9k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 176.6k $26.7m | Added +9.7k |
| Squarepoint Ops LLC 0.05% of their portfolio | 157.2k $23.7m | Added +135.3k |
| Aberdeen Group plc 0.03% of their portfolio | 138.6k $20.9m | Added +7.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 132.3k $20.0m | Added +75.0k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 130.9k $19.8m | Reduced -4.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 127.5k $19.2m | Reduced -997 |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 125.0k $18.9m | Added +77.3k |
| Woodline Partners LP 0.06% of their portfolio | 121.0k $18.3m | Added +1.8k |
| Tidal Investments LLC 0.04% of their portfolio | 119.2k $18.0m | Added +4.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 118.9k $18.0m | Reduced -11.6k |
| TimesSquare Capital Management, LLC 0.23% of their portfolio | 103.8k $15.7m | Reduced -21.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 101.2k $15.3m | New |
| Prospect Capital Advisors, LLC 6.73% of their portfolio | 98.2k $14.8m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 92.1k $13.9m | Added +12.8k |
| Invesco Ltd. 0.00% of their portfolio | 91.5k $13.8m | Added +2.1k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 88.7k $13.4m | Reduced -63.2k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 86.4k $13.0m | Added +7.4k |
| Interval Partners, LP 0.37% of their portfolio | 76.5k $11.5m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 74.0k $11.2m | Added +2.0k |
| UBS Group AG 0.00% of their portfolio | 72.7k $11.0m | Added +30.9k |
| CITIGROUP INC 0.00% of their portfolio | 68.6k $10.3m | Added +14.7k |
| FLPUTNAM INVESTMENT MANAGEMENT CO 0.12% of their portfolio | 66.3k $10.0m | Reduced -1.3k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 64.9k $9.8m | Reduced -15.3k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 62.2k $9.4m | Added +8.0k |
| GW&K Investment Management, LLC 0.07% of their portfolio | 61.1k $9.2m | Reduced -2.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 58.8k $8.9m | Reduced -4.0k |
| Advisors Capital Management, LLC 0.09% of their portfolio | 58.7k $8.9m | Reduced -2.4k |
| Legal & General Group Plc 0.00% of their portfolio | 58.3k $8.8m | Added +1.6k |
| Grandeur Peak Global Advisors, LLC 2.02% of their portfolio | 57.9k $8.7m | Added +6.2k |
| Nuveen, LLC 0.00% of their portfolio | 56.8k $8.6m | Added +6.3k |
| Creative Planning 0.00% of their portfolio | 56.2k $8.5m | Added +24.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 53.3k $8.0m | Reduced -5.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 50.0k $7.5m | Added +7.1k |
| Trexquant Investment LP 0.04% of their portfolio | 45.0k $6.8m | Added +570 |
| Swiss National Bank 0.00% of their portfolio | 44.8k $6.8m | Reduced -800 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 42.5k $6.4m | New |
| Harbor Advisors LLC 0.79% of their portfolio | 41.5k $6.3m | Unchanged |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.13% of their portfolio | 41.3k $6.2m | Added +6.2k |
| BARCLAYS PLC 0.00% of their portfolio | 40.1k $6.1m | Added +1.9k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 39.6k $6.0m | Reduced -45.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 39.2k $5.9m | Added +36.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 36.1k $5.2m | Reduced -167.8k |
| Asset Management Group, Inc. 0.77% of their portfolio | 34.8k $5.3m | Added +1 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 33.4k $5.0m | Added +6.4k |
| Quartz Partners, LLC 1.64% of their portfolio | 33.2k $5.0m | Added +3.1k |
| Emerald Investment Advisers, LLC 0.32% of their portfolio | 31.9k $4.8m | Added +1.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 30.6k $4.6m | Added +2.2k |
| WINTON GROUP Ltd 0.15% of their portfolio | 30.5k $4.6m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 27.9k $4.2m | Reduced -7.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.08% of their portfolio | 27.6k $4.2m | Reduced -26.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 27.3k $4.1m | Added +4.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 26.5k $4.0m | Added +1.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 25.7k $3.9m | Reduced -8.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 25.6k $3.9m | Reduced -2.3k |
| Arkadios Wealth Advisors 0.06% of their portfolio | 25.1k $3.8m | Added +1.5k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 23.1k $3.5m | Added +11.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 22.6k $3.4m | Reduced -38.6k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 21.4k $3.2m | Added +1.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 20.7k $3.1m | Added +57 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 19.6k $3.0m | Reduced -36.6k |
| Odyssean, LLC 0.48% of their portfolio | 19.5k $2.9m | New |
| Man Group plc 0.01% of their portfolio | 19.3k $2.9m | Reduced -17.4k |
| Quantinno Capital Management LP 0.00% of their portfolio | 18.6k $2.8m | Added +417 |
| RICE HALL JAMES & ASSOCIATES, LLC 0.13% of their portfolio | 18.2k $2.7m | New |
| Orion Porfolio Solutions, LLC 0.02% of their portfolio | 18.2k $2.7m | Reduced -3.0k |
| Voleon Capital Management LP 0.05% of their portfolio | 17.9k $2.7m | Reduced -9.8k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 17.5k $2.6m | Reduced -3.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 17.5k $2.6m | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 17.0k $2.6m | Added +733 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 16.9k $2.6m | Added +1.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 16.8k $2.5m | Reduced -3.4k |
| SummitTX Capital, L.P. 0.07% of their portfolio | 16.8k $2.5m | New |
| KENNEDY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 16.5k $2.5m | Added +3.2k |