PDT Partners is a hedge fund company founded in 1993 by renowned quantitative trader Peter Muller as part of Morgan Stanley's trading division. In 2012, the firm spun off to become an independent entity. PDT Partners operates out of offices in New York City and London, leveraging sophisticated quantitative strategies to drive its investment approach.
Peter Muller is the founder of PDT Partners, a firm managing approximately $5 billion in assets. A pioneer in quantitative trading, Muller has utilized computers, data, and algorithms to forecast securities prices since 1993. Initially, PDT operated as a proprietary trading unit within Morgan Stanley. However, the firm spun out as an independent entity and has since delivered strong performance as a standalone hedge fund.
PDT Partners is a hedge fund managing discretionary assets totaling $10,836,885,530, according to their Form ADV dated April 2024. With a client base of 5, the firm's latest 13F filing for Q1 2024 reported $1,057,813,681 in managed 13F securities and a top 10 holdings concentration of 8.36%. The largest holding for PDT Partners is CME Group Inc., with 60,059 shares held.