Pentwater Capital Management 13F holdings, Q4 2013
Holdings as of December 31, 2013 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 71 US equity positions worth $2.1bn in its Q4 2013 13F filing. The largest position was TIME WARNER CABLE INC at 14.5% of the reported book, followed by TURQUOISE HILL RES LTD and ZTS. Against the Q3 2013 filing, it opened 15 new positions, added to 16 and reduced 14 among the top 50 holdings.
What did Pentwater Capital Management own in Q4 2013? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2013 |
|---|---|---|---|---|---|---|---|
| 1 | TIME WARNER CABLE INC | 14.5% | $298.8m | 2,205,000 | – | new | |
| 2 | TURQUOISE HILL RES LTD | 12.2% | $251.4m | 76,175,982 | 128% | added | |
| 3 | ZTS ZOETIS INC | Healthcare | 8.4% | $173.3m | 5,300,000 | -31% | reduced |
| 4 | VIROPHARMA INC | 6.9% | $141.3m | 2,835,000 | 127% | added | |
| 5 | LENDER PROCESSING SVCS INC | 6.8% | $140.4m | 3,757,056 | -12% | reduced | |
| 6 | HEALTH MGMT ASSOC INC | 5.0% | $103.8m | 7,925,654 | 74% | added | |
| 7 | AAL AMERICAN AIRLS GROUP INC | Industrials | 3.9% | $79.3m | 3,140,928 | – | new |
| 8 | LIFE TECHNOLOGIES CORP | 3.7% | $75.8m | 1,000,000 | -63% | reduced | |
| 9 | LYONDELLBASELL INDUSTRIES N | 3.6% | $73.5m | 915,000 | -1% | reduced | |
| 10 | TURQUOISE HILL RES LTD | 3.4% | $69.4m | 72,306,310 | – | new | |
| 11 | ANADARKO PETE CORP | 2.2% | $44.4m | 560,000 | 65% | added | |
| 12 | PACTERA TECHNOLOGY INTL LTD | 2.1% | $43.5m | 6,090,000 | 0% | held | |
| 13 | JOS A BANK CLOTHIERS INC | 2.0% | $41.1m | 750,000 | – | new | |
| 14 | EBIX INC | 1.7% | $35.9m | 2,438,500 | -30% | reduced | |
| 15 | GM GENERAL MTRS CO | Consumer Cyclical | 1.6% | $32.1m | 784,695 | 923% | added |
| 16 | CHIQUITA BRANDS INTL INC | 1.5% | $30.3m | 2,592,318 | 56% | added | |
| 17 | YONGYE INTL INC | 1.2% | $25.6m | 4,000,000 | 100% | added | |
| 18 | HEARTWARE INTL INC | 1.2% | $25.0m | 266,000 | -26% | reduced | |
| 19 | SIX FLAGS ENTMT CORP | 1.2% | $24.3m | 659,900 | -33% | reduced | |
| 20 | TESLA MTRS INC | 1.1% | $22.3m | 16,000,000 | 33% | added | |
| 21 | RDA MICROELECTRONICS INC | 1.1% | $22.2m | 1,241,407 | – | new | |
| 22 | WALTER ENERGY INC | 0.9% | $19.5m | 1,170,010 | 12% | added | |
| 23 | LINNCO LLC | 0.9% | $18.3m | 595,228 | – | new | |
| 24 | HEARTWARE INTL INC | 0.9% | $18.1m | 15,000,000 | 0% | held | |
| 25 | JPM JPMORGAN CHASE & CO | Financial Services | 0.7% | $15.3m | 262,196 | -51% | reduced |
| 26 | DIAMOND RESORTS INTL INC | 0.7% | $14.9m | 804,591 | 166% | added | |
| 27 | GIANT INTERACTIVE GROUP INC | 0.7% | $13.5m | 1,200,000 | – | new | |
| 28 | JONES GROUP INC | 0.6% | $13.2m | 885,000 | – | new | |
| 29 | ASIAINFO-LINKAGE INC | 0.6% | $12.3m | 1,030,000 | 91% | added | |
| 30 | CTB COOPER TIRE & RUBR CO | 0.6% | $11.5m | 480,000 | -79% | reduced | |
| 31 | NMIH NMI HLDGS INC | Financial Services | 0.6% | $11.3m | 891,100 | – | new |
| 32 | SILVER EAGLE ACQUISITION COR | 0.5% | $11.1m | 1,106,000 | 11% | added | |
| 33 | TOWER INTL INC | 0.5% | $10.1m | 470,000 | 18% | added | |
| 34 | MTB M & T BK CORP | Financial Services | 0.5% | $9.8m | 84,000 | – | new |
| 35 | FLY LEASING LTD | 0.5% | $9.6m | 600,000 | -33% | reduced | |
| 36 | GM GENERAL MTRS CO | 0.4% | $9.1m | 394,139 | -54% | reduced | |
| 37 | ESPERION THERAPEUTICS INC NE | 0.4% | $8.8m | 641,900 | 49% | added | |
| 38 | DAR DARLING INTL INC | Consumer Defensive | 0.4% | $8.8m | 420,000 | – | new |
| 39 | CAPITOL ACQUISITION CORP II | 0.4% | $8.7m | 900,100 | 0% | held | |
| 40 | EDWARDS GROUP LTD | 0.4% | $8.3m | 817,700 | 2% | added | |
| 41 | GM GENERAL MTRS CO | 0.4% | $7.6m | 243,349 | -72% | reduced | |
| 42 | GLOBAL BRASS & COPPR HLDGS I | 0.3% | $6.6m | 398,400 | -6% | reduced | |
| 43 | MCHB HOMESTREET INC | Financial Services | 0.3% | $6.4m | 322,378 | 0% | held |
| 44 | GRACE W R & CO DEL | 0.3% | $5.9m | 60,000 | -33% | reduced | |
| 45 | CHIQUITA BRANDS INTL INC | 0.3% | $5.9m | 6,000,000 | 0% | held | |
| 46 | CLOVIS ONCOLOGY INC | 0.3% | $5.4m | 90,000 | – | new | |
| 47 | QUINPARIO ACQUISITION CORP | 0.3% | $5.2m | 517,400 | – | new | |
| 48 | CLUBCORP HLDGS INC | 0.2% | $3.5m | 200,000 | – | new | |
| 49 | CAESARS ACQUISITION CO | 0.2% | $3.4m | 280,000 | – | new | |
| 50 | VIVUS INC | 0.1% | $3.0m | 327,831 | 9% | 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.