PDT PARTNERS, LLC other names

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Adviser Profile

As of Date:

04/01/2024

Adviser Type:

- Large advisory firm

Number of Employees:

265 2.71%

of those in investment advisory functions:

85 -1.16%

Registration:

SEC, Approved, 6/27/2012

AUM:

10,836,885,530 7.03%

of that, discretionary:

10,836,885,530 7.03%

GAV:

11,082,155,872 -8.90%

Avg Account Size:

570,362,396 7.03%

SMA’s:

NO

Private Funds:

4

Contact Info

(21 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
13B 11B 9B 7B 6B 4B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Steve Jobs' son launches VC fund, who pays top dollar for engineers and startups to watch
08/08/2023

The sum is almost $300,000 more than the reported median compensation at hedge fund PDT Partners, which ranks second on Levels.fyi's list, ...

bizjournals.com

PDT Partners, LLC Buys Live Nation Entertainment Inc, Ncino Inc, Synopsys Inc, Sells Stellantis ...
11/16/2021

Related Stocks: PSTG, WK, MTD, VEEV, ZI, ANET, LYV, NCNO, SNPS, UPST, MASI, QLYS, STLA, TTD, IONS, BA, USFD, AIG,

gurufocus.com

PDT Partners, LLC Buys Stellantis NV, Asana Inc, Charles River Laboratories International Inc, ...
08/24/2021

Related Stocks: CRL, RHI, SDC, LOVE, ONEM, VRTX, STLA, ASAN, MGA, IQV, BIGC, IONS, TSLA, TTC, COHR, GLUU, CHGG, PZZA,

gurufocus.com

‘Science fact’
03/26/2021

Since then, before founding Bionaut, he’s worked as a consultant for McKinsey and a senior investment researcher at PDT Partners. His latest venture originated from technology out of the Max ...

bizjournals.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 4 $11,082,155,872

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Private Funds



Employees




Top Holdings

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172908105 CINTAS CORP $5,371,888 1.00% 21.00% 6.00%
45826J105 INTELLIA THERAPEUTICS INC $6,133,932 1.00% 25.00% 38.00%
205768302 COMSTOCK RES INC $5,546,944 1.00% 51.00% 44.00%
20717M103 CONFLUENT INC $6,667,826 1.00% 5.00% -19.00%

Brochure Summary

Overview

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, (collectively, “PDT,” “our,” or “we”) is the successor to the Process Driven Trading group of Morgan Stanley (the “PDT Group”), which was founded in 1993 as a proprietary quantitative trading group within Morgan Stanley & Co. LLC (together with its affiliates, “Morgan Stanley”). The principal owner of PDT Partners, LLC is an entity with a number of equity partners (PDT Capital Group, L.P.) that is ultimately controlled by Peter Muller, our Chief Executive Officer. PDT develops and deploys quantitative strategies to trade liquid assets globally. We provide investment advisory services to a group of pooled investment vehicles (the “Funds”) on a discretionary basis using quantitative investment strategies. Each Fund generally comprises a number of related and/or unrelated entities, for example, in a “master-feeder” structure or a “parallel fund” arrangement. One Fund (PDT Blended ESC Fund, LLC) allocates its capital among
certain other Funds and does not engage in a separate trading strategy. Using quantitative models developed by PDT, we trade a broad range of liquid, publicly traded U.S. and non-U.S. securities and other instruments, including equities, futures contracts, foreign exchange, and derivatives thereon. In limited circumstances, we will invest in private securities or other instruments. Each Fund is managed according to the investment objectives and policies set forth in its offering materials and other governing documents. PDT does not generally tailor the Funds’ investment programs for any particular Fund investor, but has in some cases accommodated investor requests with respect to how a particular portfolio is managed or restrictions on instruments that are permitted to be acquired (see Item 8 – Methods of Analysis, Investment Strategies, and Risk of Loss – Material Risks – Exercising Discretion in Non-Model Driven Trading Decisions). As of December 31, 2022, PDT managed, on a discretionary basis, approximately $10,124,679,000 in regulatory assets under management. We do not manage any assets on a non-discretionary basis.