Pentwater Capital Management 13F holdings, Q1 2013
Holdings as of March 31, 2013 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 42 US equity positions worth $1.3bn in its Q1 2013 13F filing. The largest position was SPRINT NEXTEL CORP at 14.8% of the reported book, followed by VIRGIN MEDIA INC and COVENTRY HEALTH CARE INC. Against the Q4 2012 filing, it opened 13 new positions, added to 11 and reduced 16 among the top 42 holdings.
What did Pentwater Capital Management own in Q1 2013? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2012 |
|---|---|---|---|---|---|---|---|
| 1 | SPRINT NEXTEL CORP | 14.8% | $195.0m | 31,405,056 | 66% | added | |
| 2 | VIRGIN MEDIA INC | 14.1% | $186.1m | 3,800,000 | – | new | |
| 3 | COVENTRY HEALTH CARE INC | 12.8% | $169.3m | 3,600,000 | -1% | reduced | |
| 4 | DELL INC | 10.8% | $143.0m | 9,980,000 | – | new | |
| 5 | STEWART ENTERPRISES INC | 7.0% | $92.2m | 9,890,000 | -8% | reduced | |
| 6 | LYONDELLBASELL INDUSTRIES NV | 6.0% | $78.8m | 1,245,000 | 266% | added | |
| 7 | JPM JPMORGAN CHASE & CO | Financial Services | 4.2% | $55.2m | 1,162,517 | -27% | reduced |
| 8 | SIX FLAGS ENTMT CORP NEW | 3.5% | $46.4m | 640,000 | -18% | reduced | |
| 9 | WMS INDS INC | 3.5% | $46.0m | 1,826,052 | – | new | |
| 10 | ANADARKO PETE CORP | 3.3% | $43.7m | 500,000 | -46% | reduced | |
| 11 | ALTERRA CAPITAL HOLDINGS | 2.4% | $31.5m | 1,000,000 | 54% | added | |
| 12 | CHIQUITA BRANDS INTL INC | 1.8% | $23.4m | 3,011,800 | 1212% | added | |
| 13 | DELPHI AUTOMOTIVE PLC | 1.7% | $22.2m | 500,000 | -29% | reduced | |
| 14 | CHIQUITA BRANDS INTL INC | 1.6% | $21.6m | 23,755,000 | 19% | added | |
| 15 | CITIZENS REPUBLIC BANCORP INC | 1.5% | $20.2m | 893,830 | 249% | added | |
| 16 | MCMORAN EXPLORATION CO | 1.3% | $17.4m | 1,065,000 | -64% | reduced | |
| 17 | GM GENERAL MTRS CO *W EXP 07/10/2016 | 1.3% | $16.9m | 909,710 | -12% | reduced | |
| 18 | ZHONGPIN INC | 1.1% | $14.8m | 1,150,000 | 21% | added | |
| 19 | GRACE W R & CO DEL | 0.9% | $11.6m | 150,000 | -43% | reduced | |
| 20 | GM GENERAL MTRS CO *W EXP 07/10/2019 | 0.8% | $10.7m | 909,710 | -12% | reduced | |
| 21 | ONYX PHARMACEUTICALS INC | 0.7% | $8.9m | 100,000 | 86% | added | |
| 22 | NYSE EURONEXT | 0.6% | $7.7m | 200,000 | -63% | reduced | |
| 23 | PLAINS EXPLORATION & PRODUCTION CO | 0.5% | $6.6m | 140,000 | -91% | reduced | |
| 24 | SPY SPDR S&P 500 ETF TR TR UNIT | 0.5% | $6.3m | 40,000 | -33% | reduced | |
| 25 | CYMER INC | 0.4% | $5.8m | 60,000 | 500% | added | |
| 26 | MCHB HOMESTREET INC | Financial Services | 0.4% | $5.4m | 240,436 | -31% | reduced |
| 27 | HARRIS TEETER SUPERMARKETS INC | 0.4% | $4.7m | 110,000 | – | new | |
| 28 | METROPCS COMMUNICATIONS INC | 0.3% | $4.4m | 400,000 | – | new | |
| 29 | YONGYE INTL INC | 0.2% | $2.9m | 537,700 | 796% | added | |
| 30 | FCX FREEPORT-MCMORAN COPPER & GO | Basic Materials | 0.2% | $2.8m | 85,918 | – | new |
| 31 | LIFE TECHNOLOGIES CORP | 0.2% | $2.6m | 40,000 | – | new | |
| 32 | BAC BANK OF AMERICA CORPORATION | Financial Services | 0.2% | $2.2m | 182,500 | 4% | added |
| 33 | SANOFI RIGHT 12/31/2020 | 0.1% | $2.0m | 1,100,000 | -4% | reduced | |
| 34 | ENERGYSOLUTIONS INC | 0.1% | $1.9m | 500,000 | – | new | |
| 35 | AAPL APPLE INC | Technology | 0.1% | $1.8m | 4,000 | – | new |
| 36 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.1% | $1.8m | 12,000 | 0% | held |
| 37 | LEAP WIRELESS INTL INC | 0.1% | $1.4m | 240,011 | -95% | reduced | |
| 38 | ARBITRON INC | 0.1% | $937.0k | 20,000 | – | new | |
| 39 | ELAN PLC | 0.1% | $749.0k | 63,500 | – | new | |
| 40 | FOE FERRO CORP | 0.0% | $633.0k | 93,752 | – | new | |
| 41 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 0.0% | $553.0k | 27,600 | – | new |
| 42 | KIPS BAY MED INC | 0.0% | $396.0k | 311,800 | 0% | held |
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.