PDT Partners is based out of New York. PDT Partners is a hedge fund with 5 clients and discretionary assets under management (AUM) of $10,836,885,530 (Form ADV from 2024-04-01). Their last reported 13F filing for Q4 2024 included $1,129,317,269 in managed 13F securities
and a top 10 holdings concentration of 7.86%. PDT Partners's largest holding is CME Group Inc with shares held of 71,400. Whalewisdom has at least 64 13F filings
Business Description
PDT Partners, LLC is a Delaware limited liability company that was formed in September 2010 and commenced its investment advisory activities on July 1, 2012.
PDT Partners, LLC, together with its affiliates, is the successor to the Process Driven Trading group of Morgan Stanley, which was founded in 1993 as a proprietary quantitative trading group within Morgan Stanley & Co. LLC.
Investment Strategy
PDT employs a quantitative investment approach, utilizing researchers with advanced degrees in mathematics and science to identify indicators with predictive value through mathematical techniques. These indicators are primarily technical (price or volume) or fundamental (company, industry, or market information). The research results are then incorporated into proprietary models that analyze large amounts of real-time and historical data to generate buy or sell orders in equities, futures contracts, and derivatives.
PDT's portfolio management process includes diversification, but there is no formal diversification policy or fixed limits. Funds may have concentrated exposure to certain issuers or types of issuers. Portfolio management activities are primarily done on a strategy-by-strategy basis, which can lead to a fund's overall portfolio having more exposure to a particular asset, asset class, market factor, or risk scenario than expected.
Owners
- PDT CAPITAL GROUP, L.P. - MANAGING MEMBER
- MULLER, PETER, (NMN) - CHIEF EXECUTIVE OFFICER
- THOMAS, BRIAN - CHIEF FINANCIAL OFFICER
- WELLES, DEDE, WADSWORTH - GENERAL COUNSEL
- SALHOTRA, AJAY - CHIEF COMPLIANCE OFFICER Click on the Ownership/Private Fund Data tab for more details.
Other Contact Information
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2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| LOGI Logitech Internation | 0.99% |
| F Ford Motor Co | 0.63% |
| TRGP Targa Resources Corp | 0.44% |
| APP Applovin Corp | 0.4% |
| BTU Peabody Energy Corp | 0.4% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| ZIM ZIM Integrated Shipp | 0.55% |
| HWM Howmet Aerospace Inc | 0.5% |
| SMG Scotts Miracle-Gro C | 0.42% |
| NVT nVent Electric PLC | 0.41% |
| GT Goodyear Tire & Rubb | 0.38% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| CME CME Group Inc | 1.47% |
| LOGI Logitech Internation | 0.99% |
| RBLX Roblox Corporation | 0.77% |
| FTNT Fortinet Inc | 0.76% |
| MTB M & T Bank Corp | 0.72% |
2024-12-31
13F Activity
| Market Value | $1.13b, Prior: $1.13b |
| Inflows (Outflows) as % of Total MV | (-5.2582)% |
| New Purchases | 157 stocks |
| Added To | 200 stocks |
| Sold out of | 167 stocks |
| Reduced holdings in | 277 stocks |
| Top 10 Holdings % | 7.86% |
| Turnover %[1] | 37.37% |
| Turnover Alt %[2] | 27.14% |
| Time Held Top 20 | 1.5 quarters |
| Time Held Top 10 | 2.4 quarters |
| Time Held All | 3.72 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31