WhaleCreep

Pentwater Capital Management LP 13F holdings, Q3 2009

Hedge fundSEC filingsCompare with another fundHoldings as of 2009-09-30, filed 2009-11-12

Pentwater Capital Management LP disclosed 27 US equity positions worth $440.4m in its Q3 2009 13F filing. Its largest position is LIBERTY MEDIA CORP ENT at 24.1% of the reported book, followed by WYETH and PEPSI BOTTLING GROUP INC. Versus Q2 2009 it opened 16 new positions, added to 5, reduced 3 and exited 11.

$440m
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.
24.1%
Largest position
The largest single position as a share of the reported equity book.
85.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
7
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 Q2 2009: 16 new, 5 added, 3 reduced, 11 exited

27 rows
LIBERTY MEDIA CORP ENT no ticker–24.1%$106m3.41m+25%added
WYETH no ticker–23.7%$104m2.15m+324%added
PEPSI BOTTLING GROUP INC no ticker–10.9%$47.8m1.31m+458%added
SUN MICROSYSTEMS INC no ticker–9.8%$43.2m4.76m+14%added
SEPRACOR INC no ticker–3.7%$16.4m714,100–new
PEROT SYSTEMS CORP no ticker–3.4%$14.9m502,800–new
SCHERING-PLOUGH CORP no ticker–3.3%$14.6m518,000−82%reduced
TEPPCO PARTNERS LP UT LTD PARTNER no ticker–2.3%$10.3m295,600–new
SPSS INC no ticker–2.3%$10.0m200,000–new
STEWART ENTERPRISES INC no ticker–2.1%$9.3m11.00m0.0%held
BJ SERVICES CO no ticker–2.0%$8.6m444,900–new
PEPSIAMERICAS INC no ticker–1.8%$8.1m283,400–new
CHIPOTLE MEXICAN GRILL INC no ticker–1.6%$7.1m85,000+78%added
AFFILIATED COMPUTER SERVICES no ticker–1.5%$6.8m125,000–new
NATCO GROUP INC-A no ticker–1.5%$6.6m150,000–new
OMNITURE INC no ticker–1.1%$4.8m225,000–new
EPD ENTERPRISE PRODS PARTNERS LEnergy1.0%$4.5m160,456–new
SIRIUS XM RADIO INC no ticker–0.9%$3.9m6.20m–new
L LOEWS CORPFinancial Services0.7%$3.1m90,000–new
CENTENNIAL COMMUNICATIONS CP no ticker–0.7%$3.0m370,000–new
STEWART ENTERPRISES INC no ticker–0.6%$2.6m3.00m0.0%held
AMERICREDIT CORP no ticker–0.4%$1.8m2.00m0.0%held
RGA REINSURANCE GROUP AMER INCFinancial Services0.2%$812k18,200−54%reduced
PENN VA CORP no ticker–0.1%$458k20,000–new
BAC BANK OF AMER CORPFinancial Services0.1%$457k27,000−99%reduced
COMCAST CORP NEW no ticker–0.09%$402k25,000–new
LIBERTY MEDIA CORP CAP no ticker–0.06%$262k12,500–new

Exited since Q2 2009

11 rows
PETRO-CANADA no ticker10.7%$33.7m
CMG CHIPOTLE MEXICAN GRILL INC1.7%$5.4m
ATP OIL & GAS CORP no ticker1.5%$4.7m
GRA1EUR GRACE W R & CO DEL NEW0.4%$1.3m
DIREXION no ticker0.3%$1.1m
RGLD ROYAL GOLD INC0.1%$417k
CMCSA COMCAST CORP NEW0.1%$362k
WIND RIVER SYSTEMS INC no ticker0.09%$287k
NEWS CORP no ticker0.07%$228k
WESTERN REFNG INC no ticker0.06%$177k
PONIARD PHARMACEUTICALS INC no ticker0.02%$60.0k

Sector mix

  • Unclassified98.0%
  • Energy1.0%
  • Financial Services1.0%

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