Pentwater Capital Management 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 71 US equity positions worth $2.2bn in its Q1 2011 13F filing. The largest position was GENZYME CORP at 19.2% of the reported book, followed by BECKMAN COULTER INC and SIX FLAGS ENTMT CORP. Against the Q4 2010 filing, it opened 24 new positions, added to 19 and reduced 7 among the top 50 holdings.
What did Pentwater Capital Management own in Q1 2011? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | GENZYME CORP | 19.2% | $429.7m | 5,641,876 | 326% | added | |
| 2 | BECKMAN COULTER INC | 8.0% | $178.6m | 2,150,000 | 254% | added | |
| 3 | SIX FLAGS ENTMT CORP | 6.3% | $141.3m | 1,962,000 | -6% | reduced | |
| 4 | TALECRIS BIOTHERAPEUTICS HLD | 6.0% | $134.5m | 5,020,000 | 617% | added | |
| 5 | MASSEY ENERGY COMPANY | 5.6% | $126.5m | 1,850,000 | 246% | added | |
| 6 | JPM JPMORGAN CHASE & CO | Financial Services | 4.7% | $105.7m | 2,293,421 | 56% | added |
| 7 | ATHEROS COMMUNICATIONS INC | 4.4% | $98.4m | 2,203,800 | – | new | |
| 8 | AIRGAS INC | 3.5% | $79.0m | 1,190,000 | -71% | reduced | |
| 9 | BUCYRUS INTL INC | 3.4% | $76.6m | 837,735 | -22% | reduced | |
| 10 | NYSE EURONEXT | 3.3% | $73.9m | 2,100,000 | – | new | |
| 11 | QWEST COMMUNICATIONS INTL IN | 2.7% | $60.1m | 8,796,800 | – | new | |
| 12 | LEAP WIRELESS INTL INC | 2.6% | $58.4m | 3,777,781 | 16% | added | |
| 13 | ALCON INC | 2.5% | $56.4m | 340,617 | -80% | reduced | |
| 14 | AIRTRAN HLDGS INC | 2.2% | $48.4m | 6,500,000 | -2% | reduced | |
| 15 | ALBERTO CULVER CO | 1.8% | $41.0m | 1,100,000 | 244% | added | |
| 16 | AMERICAN TOWER CORP | 1.7% | $38.3m | 740,000 | – | new | |
| 17 | TENET HEALTHCARE CORP | 1.6% | $37.0m | 4,960,000 | 1140% | added | |
| 18 | HUGHES COMMUNICATIONS INC | 1.5% | $34.5m | 578,513 | – | new | |
| 19 | PRIDE INTL INC DEL | 1.5% | $34.0m | 792,000 | – | new | |
| 20 | GS GOLDMAN SACHS GROUP INC | Financial Services | 1.4% | $30.4m | 191,602 | 174% | added |
| 21 | LORAL SPACE & COMMUNICATNS I | 1.2% | $27.9m | 360,000 | -22% | reduced | |
| 22 | HARBIN ELECTRIC INC | 1.2% | $26.0m | 1,255,200 | 16% | added | |
| 23 | HYPERCOM CORP | 1.0% | $23.5m | 1,953,700 | 56% | added | |
| 24 | BIGGQ BIG LOTS INC | Consumer Defensive | 1.0% | $22.4m | 515,000 | – | new |
| 25 | VERIGY LTD | 0.9% | $21.2m | 1,503,600 | -33% | reduced | |
| 26 | FRONTEER GOLD INC | 0.9% | $19.7m | 1,300,000 | – | new | |
| 27 | LIBERTY MEDIA CORP LIB STAR | 0.8% | $18.0m | 231,500 | 21% | added | |
| 28 | CEPHALON INC | 0.8% | $17.9m | 235,000 | – | new | |
| 29 | CNA SURETY CORP | 0.8% | $17.4m | 687,500 | 38% | added | |
| 30 | MARSHALL & ILSLEY CORP | 0.6% | $12.9m | 1,617,000 | 27% | added | |
| 31 | SARA LEE CORP | 0.5% | $12.0m | 680,000 | 580% | added | |
| 32 | GRACE W R & CO | 0.5% | $11.5m | 300,000 | 122% | added | |
| 33 | NII HLDGS INC | 0.5% | $10.8m | 260,000 | – | new | |
| 34 | BAC BANK OF AMERICA CORPORATION | Financial Services | 0.4% | $9.5m | 709,800 | – | new |
| 35 | SRA INTL INC | 0.4% | $9.2m | 325,001 | – | new | |
| 36 | KEMET CORP | 0.4% | $8.6m | 580,000 | 287% | added | |
| 37 | NORTHERN OIL & GAS INC NEV | 0.4% | $8.2m | 306,272 | – | new | |
| 38 | KMI KINDER MORGAN INC | Energy | 0.3% | $7.1m | 240,000 | – | new |
| 39 | GSI COMMERCE INC | 0.3% | $6.6m | 225,000 | – | new | |
| 40 | ATP OIL & GAS CORP | 0.3% | $6.4m | 355,825 | 75% | added | |
| 41 | AMERICAN INTL GROUP INC *W EXP 01/19/202 | 0.2% | $5.1m | 462,000 | – | new | |
| 42 | CREXUS INVT CORP | 0.2% | $5.0m | 435,000 | – | new | |
| 43 | INN SUMMIT HOTEL PPTYS INC | Real Estate | 0.2% | $4.5m | 450,000 | – | new |
| 44 | RETAIL VENTURES INC | 0.2% | $4.3m | 249,872 | – | new | |
| 45 | MEDLEY CAP CORP | 0.2% | $3.9m | 320,200 | – | new | |
| 46 | AMERICAN CAPITAL AGENCY CORP | 0.2% | $3.8m | 130,000 | – | new | |
| 47 | MET METLIFE INC | Financial Services | 0.2% | $3.8m | 80,000 | – | new |
| 48 | ITT CORP | 0.2% | $3.6m | 60,000 | – | new | |
| 49 | MCMORAN EXPLORATION CO | 0.1% | $3.2m | 180,000 | – | new | |
| 50 | GAP GAP INC | Consumer Cyclical | 0.1% | $2.3m | 100,352 | 25% | added |
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.