WhaleCreep

Pentwater Capital Management LP 13F holdings, Q2 2012

Hedge fundSEC filingsCompare with another fundHoldings as of 2012-06-30, filed 2012-08-14

Pentwater Capital Management LP disclosed 46 US equity positions worth $1.6bn in its Q2 2012 13F filing. Its largest position is GOODRICH CORP at 18.2% of the reported book, followed by DOLLAR THRIFTY AUTOMOTIVE GP and SIXEUR. Versus Q1 2012 it opened 21 new positions, added to 11, reduced 10 and exited 17.

$1.6bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
46
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
18.2%
Largest position
The largest single position as a share of the reported equity book.
71.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
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 Q1 2012: 21 new, 11 added, 10 reduced, 17 exited

46 rows
GOODRICH CORP no ticker–18.2%$292m2.30m+12%added
DOLLAR THRIFTY AUTOMOTIVE GP no ticker–16.2%$261m3.22m+35%added
SIXEUR SIX FLAGS ENTMT CORP NEW–8.1%$131m2.41m−24%reduced
AMYLIN PHARMACEUTICALS INC no ticker–5.6%$90.8m3.22m–new
STEWART ENTERPRISES INC no ticker–4.8%$76.8m10.80m+220%added
GEN-PROBE INC no ticker–4.2%$67.4m820,000–new
HUMAN GENOME SCIENCES INC no ticker–3.8%$60.8m4.63m–new
ABOVENET INC no ticker–3.8%$60.6m721,891+802%added
ARIBA INC no ticker–3.6%$58.2m1.30m–new
DELPHI AUTOMOTIVE PLC no ticker–3.3%$52.3m2.05m+24%added
LYONDELLBASELL INDUSTRIES NV no ticker–2.7%$42.7m1.06m+108%added
JPM JPMORGAN CHASE & COFinancial Services2.6%$41.7m1.17m+35%added
SOLUTIA INC no ticker–2.5%$40.7m1.45m+292%added
ONYX PHARMACEUTICALS INC no ticker–2.3%$37.1m558,700−67%reduced
APC3EUR ANADARKO PETE CORP–2.3%$36.4m550,000+5.3%added
META META PLATFORMS INCCommunication Services2.1%$33.4m1.07m–new
LEAP WIRELESS INTL INC no ticker–2.0%$31.8m4.95m0.0%held
GRA1EUR GRACE W R & CO DEL NEW–1.6%$25.2m500,000+85%added
FUSHI COPPERWELD INC no ticker–1.4%$22.8m2.62m–new
IVANHOE MINES LTD no ticker–1.1%$18.2m1.88m–new
GM General Motors CorpConsumer Cyclical1.1%$17.8m2.00m−1.5%reduced
LINCARE HOLDINGS INC no ticker–0.7%$11.9m350,000–new
SIRIUS XM RADIO INC no ticker–0.6%$9.3m5.00m+584%added
YAHOO INC no ticker–0.6%$9.0m570,000−85%reduced
AMERICAN RLTY CAP TR INC no ticker–0.5%$7.9m725,737–new
CHIQUITA BRANDS INTL INC no ticker–0.5%$7.5m10.21m–new
MCHB MECHANICS BANCORPFinancial Services0.4%$7.1m220,809−18%reduced
SPY SPDR S&P 500 ETF Trust–0.4%$6.8m50,000−75%reduced
GEORESOURCES INC no ticker–0.4%$6.5m178,861–new
KNOLOGY INC no ticker–0.4%$6.2m315,404–new
MCMORAN EXPLORATION CO no ticker–0.4%$5.8m455,000−28%reduced
SANOFI RIGHT 12/31/2020 no ticker–0.3%$5.6m3.96m0.0%held
COST PLUS INC CALIF no ticker–0.3%$5.5m250,000–new
HICKS ACQUISITION CO II INC no ticker–0.3%$5.1m510,182–new
ALSN ALLISON TRANSMISSION HLDGS IConsumer Cyclical0.3%$4.8m275,000–new
AMT AMERICAN TOWER CORPReal Estate0.2%$2.8m40,000−79%reduced
VC VISTEON CORPConsumer Cyclical0.1%$1.9m50,000–new
IVANHOE MINES LTD RIGHT 07/19/2012 no ticker–0.1%$1.7m1.83m–new
GS GOLDMAN SACHS GROUP INCFinancial Services0.07%$1.1m12,000−40%reduced
BAC BANK OF AMER CORPFinancial Services0.06%$1.0m125,0000.0%held
AOL INC no ticker–0.04%$702k25,000–new
BENIHANA INC no ticker–0.03%$483k30,000–new
RAILAMERICA INC no ticker–0.03%$481k19,880–new
RAMTRON INTERNATIONAL CORP no ticker–0.01%$214k71,000–new
KIPS BAY MEDICAL INC no ticker–0.01%$143k146,0000.0%held
TALBOTS INC *W EXP 04/09/2015 no ticker–0.0%$4.0k1.34m−12%reduced

Exited since Q1 2012

17 rows
EL PASO CORP no ticker20.2%$354m
MOTOROLA MOBILITY HLDGS INC no ticker5.7%$99.3m
LOOPNET INC no ticker3.7%$65.3m
ILMN ILLUMINA INC3.1%$54.2m
ZOLL MED CORP no ticker1.9%$33.3m
RSC HOLDINGS INC no ticker1.4%$25.4m
HARLEYSVILLE GROUP INC no ticker0.8%$14.4m
TALEO CORP no ticker0.8%$13.8m
COP CONOCOPHILLIPS0.3%$6.1m
HICKS ACQUISITION CO II INC UNIT no ticker0.3%$5.2m
DIAMOND FOODS INC no ticker0.3%$5.0m
THOMAS & BETTS CORP no ticker0.2%$3.6m
HUDSON CITY BANCORP no ticker0.2%$2.9m
EQIX EQUINIX INC0.1%$1.9m
ARMOUR RESIDENTIAL REIT INC no ticker0.04%$675k
DELPHI FINL GROUP INC no ticker0.03%$582k
GLOBALEAGLE ACQUISITION COR UNIT no ticker0.01%$192k

Sector mix

  • Unclassified93.1%
  • Financial Services3.2%
  • Communication Services2.1%
  • Consumer Cyclical1.5%
  • Real Estate0.2%

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