PJT Partners (PJT) Climbed 21% in Q2

TimesSquare Capital Management, an equity investment management company, released its “U.S. Small Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. During the quarter, the fund returned 11.28% (gross) and 11.02% (net), compared to the Russell 2000 Growth Index by 11.97%. Equities posted double-digit returns in the second quarter as global economic activity measures lifted. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, TimesSquare Capital Small Cap Growth Strategy highlighted stocks such as PJT Partners Inc. (NYSE:PJT). PJT Partners Inc. (NYSE:PJT) is an investment bank that provides advisory-investment solutions. The one-month return of PJT Partners Inc. (NYSE:PJT) was 3.95%, and its shares gained 50.31% of their value over the last 52 weeks. On September 11, 2025, PJT Partners Inc. (NYSE:PJT) stock closed at $186.90 per share, with a market capitalization of $7.427 billion.

TimesSquare Capital U.S. Focus Growth Strategy stated the following regarding PJT Partners Inc. (NYSE:PJT) in its second quarter 2025 investor letter:

“In the Financials sector we tend to avoid banks that face credit deterioration or rising deposit costs, preferring either asset managers or specialized insurance companies. Investment advisory firm PJT Partners Inc. (NYSE:PJT) climbed 21%. First quarter earnings edged the consensus. Management struck a constructive tone on the revenue outlook and highlighted their positioning. They have a strong business backlog and upside potential from restructuring activity.”

PJT Partners Inc. (NYSE:PJT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 16 hedge fund portfolios held PJT Partners Inc. (NYSE:PJT) at the end of the second quarter, which was 22 in the previous quarter. In the second quarter, PJT Partners Inc. (NYSE:PJT) reported revenues of $407 million, representing an increase of 13% from Q2 2024. While we acknowledge the risk and potential PJT Partners Inc. (NYSE:PJT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PJT Partners Inc. (NYSE:PJT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered PJT Partners Inc. (NYSE:PJT) and shared a list of stocks Jim Cramer shed light on. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.