PJT ranks #1462 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PJT is a top-conviction position for Prospect Capital Advisors, LLC — at 6.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PJT belongs to BlackRock, Inc., but the position matters far more to Prospect Capital Advisors, LLC, who has 6.7% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Wasatch Advisors LP has added to its PJT position for two straight quarters, increasing it by $125.0M to reach $223.1M today.
Schroder Investment Management Group has trimmed its PJT position for two straight quarters, cutting it by $30.0M while still holding $5.2M.
PJT is up 0.1% today, and institutions have been net buyers of $925.9M this quarter — today's price move and the underlying institutional flow are pointing the same direction.