WhaleCreep

Pentwater Capital Management LP 13F holdings, Q1 2008

Hedge fundSEC filingsCompare with another fundHoldings as of 2008-03-31, filed 2010-07-07

Pentwater Capital Management LP disclosed 27 US equity positions worth $1.0bn in its Q1 2008 13F filing. Its largest position is CLEAR CHANNEL COMMUNICATIONS at 21.7% of the reported book, followed by BEA SYSTEMS INC and NAVTEQ CORP. Versus Q4 2007 it opened 16 new positions, added to 7, reduced 4 and exited 17.

$1.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
27
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
21.7%
Largest position
The largest single position as a share of the reported equity book.
92.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
9
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
75
Quarters on file since Q4 2007
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2007: 16 new, 7 added, 4 reduced, 17 exited

27 rows
CLEAR CHANNEL COMMUNICATIONS no ticker–21.7%$223m7.62m+784%added
BEA SYSTEMS INC no ticker–15.9%$164m8.55m+422%added
NAVTEQ CORP no ticker–11.6%$119m1.75m+102%added
HUN HUNTSMAN CORPBasic Materials8.9%$91.8m3.90m–new
GRANT PRIDECO INC no ticker–8.6%$88.2m1.79m+131%added
POST PPTYS INC no ticker–7.6%$78.4m2.03m+6.4%added
BCE BCE INCCommunication Services6.1%$62.2m1.79m–new
RIO RIO TINTO PLCBasic Materials6.0%$61.3m280,500+799%added
TRANE INC no ticker–3.7%$37.9m825,000−25%reduced
SPY SPDR S&P 500 ETF Trust–1.9%$19.8m150,000–new
NYMEX HOLDINGS INC no ticker–1.3%$13.6m150,000–new
YAHOO INC no ticker–1.0%$10.7m369,000–new
SLM SLM CORPFinancial Services0.9%$9.5m618,300−48%reduced
STEWART ENTERPRISES INC no ticker–0.8%$8.7m1.36m−6.2%reduced
WASHINGTON MUTUAL, INC. CONV no ticker–0.7%$6.7m9,500–new
CONTINENTAL AIRLINES-CLASS B no ticker–0.5%$4.8m250,000–new
AMERICREDIT CORP no ticker–0.5%$4.6m5.00m–new
CHOICEPOINT INC no ticker–0.4%$4.0m85,000–new
STEWART ENTERPRISES INC no ticker–0.4%$4.0m4.50m+22400%added
MBI MBIA INCFinancial Services0.3%$3.3m271,400–new
DBD DIEBOLD NIXDORF INCTechnology0.3%$2.8m75,000–new
STEWART ENTERPRISES INC no ticker–0.3%$2.7m3.00m–new
LIBERTY INTERACTIVE CORP no ticker–0.2%$2.4m150,000–new
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services0.2%$1.8m71,500–new
TESORO CORP no ticker–0.1%$1.2m40,000−13%reduced
PERFORMANCE FOOD GROUP CO no ticker–0.07%$739k22,600–new
ANSOFT CORP no ticker–0.03%$317k10,400–new

Exited since Q4 2007

17 rows
BFH BREAD FINANCIAL HOLDINGS INC14.3%$112m
HARRAH'S ENTERTAINMENT INC no ticker12.6%$98.6m
VENTANA MEDICAL SYSTEMS INC no ticker12.3%$96.6m
BUSINESS OBJECTS SA no ticker9.5%$74.3m
SUNCOM WIRELESS HOLDINGS no ticker1.9%$15.0m
GENLYTE GROUP INC no ticker1.5%$11.4m
CHIPOTLE MEXICAN GRILL INC no ticker1.2%$9.4m
DISH DISH NETWORK CORPORATION0.8%$6.6m
COMMERCE BANCORP INC NJ no ticker0.8%$6.4m
AXP AMERICAN EXPRESS CO0.8%$6.2m
SIERRA HEALTH SERVICES INC no ticker0.3%$2.1m
HILB ROGAL & HOBBS COMPANY no ticker0.3%$2.0m
ARRIS GROUP INC no ticker0.2%$1.5m
E M C CORP MASS no ticker0.2%$1.3m
ALFA CORPORATION no ticker0.1%$1.1m
WY WEYERHAEUSER CO0.09%$737k
GCO GENESCO INC0.05%$378k

Sector mix

  • Unclassified77.3%
  • Basic Materials14.9%
  • Communication Services6.2%
  • Financial Services1.2%
  • Technology0.3%

Book over time

Every quarter on file (75)
QuarterPositionsEquity book
Q2 202659$12.5bn
Q1 202660$14.1bn
Q4 202547$13.8bn
Q3 202566$11.1bn
Q2 202564$7.8bn
Q1 202563$7.2bn
Q4 202455$5.8bn
Q3 202452$5.5bn
Q2 202453$4.6bn
Q1 202457$6.1bn
Q4 202368$5.3bn
Q3 202369$10.4bn
Q2 202386$8.0bn
Q1 202394$6.0bn
Q4 202280$3.2bn
Q3 2022100$6.6bn
Q2 2022115$5.9bn
Q1 2022121$5.4bn
Q4 2021157$6.3bn
Q3 2021183$7.3bn
Q2 2021259$9.7bn
Q1 2021276$8.6bn
Q4 2020190$6.5bn
Q3 2020180$5.0bn
Q2 2020129$3.4bn
Q1 202093$3.7bn
Q4 2019107$2.6bn
Q3 2019110$3.2bn
Q2 2019124$5.3bn
Q1 2019105$3.8bn
Q4 201898$5.1bn
Q3 2018107$6.6bn
Q2 201877$6.9bn
Q1 201849$8.4bn
Q4 201752$7.6bn
Q3 201755$6.3bn
Q2 201759$5.8bn
Q1 201753$4.7bn
Q4 201653$3.2bn
Q3 201671$5.4bn
Q2 201663$3.7bn
Q1 201648$6.3bn
Q4 201565$7.5bn
Q3 201588$7.3bn
Q2 2015103$11.5bn
Q1 201593$7.2bn
Q4 201487$7.4bn
Q3 2014113$6.5bn
Q2 201497$5.3bn
Q1 201485$2.2bn
Q4 201369$2.1bn
Q3 201380$2.4bn
Q2 201373$3.8bn
Q1 201341$1.3bn
Q4 201244$1.6bn
Q3 201239$1.3bn
Q2 201246$1.6bn
Q1 201242$1.8bn
Q4 201156$2.0bn
Q3 201154$1.4bn
Q2 201171$1.4bn
Q1 201171$2.2bn
Q4 201052$1.4bn
Q3 201052$1.5bn
Q2 201056$812m
Q1 201040$392m
Q4 200944$487m
Q3 200927$440m
Q2 200922$316m
Q1 200917$233m
Q4 200817$293m
Q3 200834$1.0bn
Q2 200828$728m
Q1 200827$1.0bn
Q4 200728$782m

Where Pentwater Capital Management LP was early

32 rows
BCE BCE INCQ1 20081 of 826.1%6.1%3Exited by Q4 2008+2.9%
HUN HUNTSMAN CORPQ1 20084 of 1438.9%8.9%4Exited by Q1 2009−85%
SPY STATE STR SPDR S&P 500 ETF TQ1 20087 of 2671.9%27.0%57Held at last filing, Q2 2026+466%
CMG CHIPOTLE MEXICAN GRILL INCQ2 20082 of 1851.4%1.7%3Exited by Q3 2009−3.2%
RGA REINSURANCE GROUP AMER INCQ1 20091 of 1021.8%1.8%6Exited by Q3 2010+41%
BAC BANK AMERICA CORPQ2 200912 of 23211.3%11.3%54Exited by Q1 2024+155%
CMCSA COMCAST CORPQ2 200917 of 2190.1%3.5%3Exited by Q3 2014+271%
AWK AMERICAN WTR WKS CO INC NEWQ4 20096 of 1230.6%1.2%2Exited by Q2 2010−2.9%
JPM JPMORGAN CHASE & COQ4 200912 of 2310.09%8.6%33Exited by Q1 2024+308%
FIS FIDELITY NATL INFORMATION SVQ2 20107 of 2257.1%7.1%3Exited by Q1 2011+2.1%
GS GOLDMAN SACHS GROUP INCQ2 201011 of 2298.0%8.0%21Exited by Q2 2022+151%
GM GENERAL MTRS COQ2 20111 of 1692.7%4.2%18Exited by Q4 2015−1.1%
META FACEBOOK INCQ2 20124 of 3842.1%2.1%2Exited by Q4 2012−30%
ZTS ZOETIS INCQ2 20132 of 17813.1%13.1%10Exited by Q1 2019+177%
CTB COOPER TIRE & RUBR COQ3 20131 of 652.9%2.9%3Exited by Q2 2021−46%
AAL AMERICAN AIRLINES GROUP INCQ4 201313 of 2383.9%3.9%27Exited by Q4 2022−52%
VOD VODAFONE GROUP PLCQ1 20143 of 1085.0%5.0%3Exited by Q4 2014−11%
SYF SYNCHRONY FINANCIALQ3 20143 of 1810.4%5.5%36Exited by Q1 2024+56%
BKR BAKER HUGHES A GE COQ4 20148 of 1784.6%5.9%7Exited by Q4 2019−59%
HUM HUMANA INCQ2 201513 of 2113.4%8.2%12Held at last filing, Q2 2026+108%
AVGO BROADCOM INCQ2 201516 of 3239.2%15.9%9Exited by Q2 2025+1160%
MXIM MAXIM INTEGRATED PRODS INCQ4 201510 of 1010.09%12.3%5Exited by Q3 2021+177%
SNDK SANDISK CORPQ4 201514 of 2335.9%11.2%2Exited by Q2 2016+0.1%
DELL DELL TECHNOLOGIES INCQ3 20169 of 2743.8%7.1%10Exited by Q1 2019+85%
TGNA TEGNA INCQ2 201715 of 1470.06%3.0%12Exited by Q1 2026−40%
AVA AVISTA CORPQ3 20179 of 990.2%1.0%5Exited by Q4 2018−2.3%
VICI VICI PPTYS INCQ1 201816 of 1632.1%3.0%23Exited by Q1 2024+74%
CI THE CIGNA GROUPQ4 201812 of 1921.1%1.1%5Exited by Q1 2024+58%
HHH HOWARD HUGHES CORPQ2 20199 of 1160.8%1.4%3Exited by Q1 2020+2.4%
COHR COHERENT INCQ1 202115 of 2633.5%5.9%6Exited by Q3 2022−25%
KVUE KENVUE INCQ2 202310 of 2030.03%7.8%9Held at last filing, Q2 2026−28%
AMC AMC ENTMT HLDGS INCQ3 20232 of 770.03%1.3%5Held at last filing, Q2 2026−76%

Concentration and tenure

17.9%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
76.3%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
1
Median completed holding, quarters