Pentwater Capital Management 13F holdings, Q3 2012
Holdings as of September 30, 2012 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 40 US equity positions worth $1.3bn in its Q3 2012 13F filing. The largest position was DOLLAR THRIFTY AUTOMOTIVE GP at 16.6% of the reported book, followed by ARIBA INC and COVENTRY HEALTH CARE INC. Against the Q2 2012 filing, it opened 15 new positions, added to 7 and reduced 14 among the top 40 holdings.
What did Pentwater Capital Management own in Q3 2012? Top 40 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2012 |
|---|---|---|---|---|---|---|---|
| 1 | DOLLAR THRIFTY AUTOMOTIVE GP | 16.6% | $224.3m | 2,580,550 | -20% | reduced | |
| 2 | ARIBA INC | 9.6% | $129.9m | 2,900,000 | 123% | added | |
| 3 | COVENTRY HEALTH CARE INC | 8.0% | $108.4m | 2,600,000 | – | new | |
| 4 | SHAW GROUP INC | 7.8% | $105.5m | 2,419,100 | – | new | |
| 5 | NEXEN INC | 7.8% | $105.4m | 4,160,000 | – | new | |
| 6 | AMERIGROUP CORP | 6.9% | $93.3m | 1,020,000 | – | new | |
| 7 | STEWART ENTERPRISES INC | 6.7% | $90.7m | 10,800,000 | 0% | held | |
| 8 | SIX FLAGS ENTMT CORP | 6.4% | $86.2m | 1,466,000 | -39% | reduced | |
| 9 | ANADARKO PETE CORP | 5.1% | $68.5m | 980,000 | 78% | added | |
| 10 | JPM JPMORGAN CHASE & CO | Financial Services | 3.3% | $45.1m | 1,115,346 | -4% | reduced |
| 11 | DELPHI AUTOMOTIVE PLC | 3.0% | $40.3m | 1,300,000 | -37% | reduced | |
| 12 | PAR PHARMACEUTICAL COS INC | 2.8% | $37.3m | 746,800 | – | new | |
| 13 | LEAP WIRELESS INTL INC | 2.5% | $33.7m | 4,950,011 | 0% | held | |
| 14 | FUSHI COPPERWELD INC | 1.9% | $26.0m | 2,860,000 | 9% | added | |
| 15 | META FACEBOOK INC | Communication Services | 1.9% | $26.0m | 1,200,100 | 12% | added |
| 16 | GRACE W R | 1.4% | $18.3m | 310,000 | -38% | reduced | |
| 17 | LYONDELLBASELL INDUSTRIES | 1.1% | $15.0m | 290,000 | -73% | reduced | |
| 18 | GM GENERAL MTRS CO *W EXP 07/10/2016 | 1.0% | $13.7m | 991,446 | -1% | reduced | |
| 19 | CHIQUITA BRANDS INTL INC | 0.8% | $10.6m | 12,005,000 | 18% | added | |
| 20 | SIRIUS XM RADIO INC | 0.8% | $10.4m | 4,000,000 | -20% | reduced | |
| 21 | GM GENERAL MTRS CO *W EXP 07/10/2019 | 0.6% | $8.2m | 991,438 | -1% | reduced | |
| 22 | MEDICIS PHARMACEUTICAL CORP | 0.6% | $7.8m | 179,725 | – | new | |
| 23 | MCHB HOMESTREET INC | Financial Services | 0.5% | $7.3m | 192,840 | -13% | reduced |
| 24 | QUEST SOFTWARE INC | 0.5% | $7.0m | 250,000 | – | new | |
| 25 | MCMORAN EXPLORATION CO | 0.4% | $6.1m | 515,000 | 13% | added | |
| 26 | ALSN ALLISON TRANSMISSION HLDGS I | Consumer Cyclical | 0.4% | $5.2m | 260,000 | -5% | reduced |
| 27 | SPY SPDR S&P 500 ETF TR TR UNIT | 0.3% | $4.7m | 32,500 | -35% | reduced | |
| 28 | SANOFI RIGHT 12/31/2020 | 0.2% | $2.6m | 1,550,000 | -61% | reduced | |
| 29 | BAC BANK OF AMERICA CORPORATION | Financial Services | 0.1% | $1.8m | 205,000 | 64% | added |
| 30 | ONYX PHARMACEUTICALS INC | 0.1% | $1.7m | 19,713 | -96% | reduced | |
| 31 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.1% | $1.4m | 12,000 | 0% | held |
| 32 | BRIGHTPOINT INC | 0.1% | $1.1m | 120,000 | – | new | |
| 33 | DUFF & PHELPS CORP | 0.1% | $1.0m | 75,558 | – | new | |
| 34 | CITIZENS REPUBLIC BANCORP IN | 0.1% | $983.0k | 50,800 | – | new | |
| 35 | TPC GROUP INC | 0.1% | $792.0k | 19,400 | – | new | |
| 36 | CAR AVIS BUDGET GROUP | Industrials | 0.0% | $615.0k | 40,000 | – | new |
| 37 | BANK OF AMERICA CORPORATION 7.25%CNV | 0.0% | $436.0k | 400 | – | new | |
| 38 | CUMULUS MEDIA INC | 0.0% | $436.0k | 158,994 | – | new | |
| 39 | KIPS BAY MED INC | 0.0% | $266.0k | 146,000 | 0% | held | |
| 40 | ATP OIL & GAS CORPORATION | 0.0% | $252.0k | 1,800,000 | – | 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.