Pentwater Capital Management 13F holdings, Q1 2008
Holdings as of March 31, 2008 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 27 US equity positions worth $1.0bn in its Q1 2008 13F filing. The largest position was CLEAR CHANNEL COMMUNICATIONS at 21.7% of the reported book, followed by BEA SYSTEMS INC and NAVTEQ CORP. Against the Q4 2007 filing, it opened 16 new positions, added to 7 and reduced 4 among the top 27 holdings.
What did Pentwater Capital Management own in Q1 2008? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2007 |
|---|---|---|---|---|---|---|---|
| 1 | CLEAR CHANNEL COMMUNICATIONS | 21.7% | $222.5m | 7,615,500 | 784% | added | |
| 2 | BEA SYSTEMS INC | 15.9% | $163.8m | 8,554,300 | 422% | added | |
| 3 | NAVTEQ CORP | 11.6% | $119.3m | 1,755,000 | 102% | added | |
| 4 | HUN HUNTSMAN CORPORATION | Basic Materials | 8.9% | $91.8m | 3,900,000 | – | new |
| 5 | GRANT PRIDECO INC | 8.6% | $88.2m | 1,792,200 | 131% | added | |
| 6 | POST PROPERTIES INC | 7.6% | $78.4m | 2,028,888 | 6% | added | |
| 7 | BCE BCE INC | Communication Services | 6.1% | $62.2m | 1,789,600 | – | new |
| 8 | RIO RIO TINTO PLC | Basic Materials | 6.0% | $61.3m | 280,500 | 799% | added |
| 9 | TRANE INC | 3.7% | $37.9m | 825,000 | -25% | reduced | |
| 10 | SPY SPDR TRUST SERIES 1 CALL | 1.9% | $19.8m | 150,000 | – | new | |
| 11 | NYMEX HOLDINGS INC | 1.3% | $13.6m | 150,000 | – | new | |
| 12 | YAHOO! INC | 1.0% | $10.7m | 369,000 | – | new | |
| 13 | SLM SLM CORPORATION | Financial Services | 0.9% | $9.5m | 618,300 | -48% | reduced |
| 14 | STEWART ENTERPRISES INC-CL A | 0.8% | $8.7m | 1,360,000 | -6% | reduced | |
| 15 | WASHINGTON MUTUAL, INC. CONV | 0.7% | $6.7m | 9,500 | – | new | |
| 16 | CONTINENTAL AIRLINES-CLASS B | 0.5% | $4.8m | 250,000 | – | new | |
| 17 | AMERICREDIT CORP | 0.5% | $4.6m | 5,000,000 | – | new | |
| 18 | CHOICEPOINT INC | 0.4% | $4.0m | 85,000 | – | new | |
| 19 | STEWART ENTERPRISES INC | 0.4% | $4.0m | 4,500,000 | 22400% | added | |
| 20 | MBI MBIA Insurance Corporation | Financial Services | 0.3% | $3.3m | 271,400 | – | new |
| 21 | DBD DIEBOLD INC | Technology | 0.3% | $2.8m | 75,000 | – | new |
| 22 | STEWART ENTERPRISES INC | 0.3% | $2.7m | 3,000,000 | – | new | |
| 23 | LIBERTY MEDIA-INTERACTIVE A | 0.2% | $2.4m | 150,000 | – | new | |
| 24 | TTWO TAKE-TWO INTERACTIVE SOFTWRE | Communication Services | 0.2% | $1.8m | 71,500 | – | new |
| 25 | TESORO CORP | 0.1% | $1.2m | 40,000 | -13% | reduced | |
| 26 | PERFORMANCE FOOD GROUP CO | 0.1% | $739.0k | 22,600 | – | new | |
| 27 | ANSOFT CORP | 0.0% | $317.0k | 10,400 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.