Pentwater Capital Management 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 87 US equity positions worth $2.2bn in its Q1 2014 13F filing. The largest position was TURQUOISE HILL RESOURCES LTD at 18.5% of the reported book, followed by TIME WARNER CABLE INC and ZTS. Against the Q4 2013 filing, it opened 16 new positions, added to 17 and reduced 11 among the top 50 holdings.
What did Pentwater Capital Management own in Q1 2014? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | TURQUOISE HILL RESOURCES LTD | 18.5% | $411.9m | 123,682,200 | 62% | added | |
| 2 | TIME WARNER CABLE INC | 15.2% | $338.8m | 2,470,000 | 12% | added | |
| 3 | ZTS ZOETIS INC | Healthcare | 6.7% | $150.5m | 5,200,000 | -2% | reduced |
| 4 | BEAM INC | 6.1% | $136.7m | 1,640,526 | 27242% | added | |
| 5 | JOS A BANK CLOTHIERS INC | 6.1% | $135.0m | 2,100,000 | 180% | added | |
| 6 | VOD VODAFONE GROUP PLC | Communication Services | 5.0% | $110.4m | 3,000,000 | – | new |
| 7 | GM GENERAL MOTORS CO | Consumer Cyclical | 4.0% | $89.3m | 2,595,589 | 231% | added |
| 8 | CMCSA COMCAST CORP | Communication Services | 3.5% | $77.1m | 1,540,625 | – | new |
| 9 | LYONDELLBASELL INDUSTRIES | 2.9% | $64.9m | 730,000 | -20% | reduced | |
| 10 | DIAMOND RESORTS INTL INC | 2.2% | $48.8m | 2,880,522 | 258% | added | |
| 11 | FOREST LABS INC | 2.1% | $46.1m | 500,000 | – | new | |
| 12 | AMERICAN AIRLINES GROUP INC | 1.7% | $38.6m | 1,397,100 | – | new | |
| 13 | AUTONAVI HOLDINGS LTD | 1.6% | $35.5m | 1,770,000 | – | new | |
| 14 | TESLA MOTORS INC | 1.3% | $28.8m | 16,000,000 | 0% | held | |
| 15 | RDA MICROELECTRONICS INC | 1.2% | $27.7m | 1,547,286 | 25% | added | |
| 16 | EBIX INC | 1.2% | $27.5m | 1,611,000 | -34% | reduced | |
| 17 | EP ENERGY CORP | 1.2% | $27.4m | 1,400,000 | – | new | |
| 18 | CHIQUITA BRANDS INTL INC | 1.2% | $27.2m | 2,182,796 | -16% | reduced | |
| 19 | HEARTWARE INTL INC | 0.9% | $19.4m | 207,000 | -22% | reduced | |
| 20 | GIANT INTERACTIVE GROUP INC | 0.8% | $17.4m | 1,500,000 | 25% | added | |
| 21 | HEARTWARE INTL INC | 0.8% | $17.0m | 14,000,000 | -7% | reduced | |
| 22 | BOULEVARD ACQUISITION CORP | 0.8% | $16.8m | 1,667,709 | – | new | |
| 23 | JPM JPMORGAN CHASE & CO | Financial Services | 0.7% | $16.0m | 264,096 | 1% | added |
| 24 | DAR DARLING INTL INC | Consumer Defensive | 0.7% | $15.6m | 780,000 | 86% | added |
| 25 | KYTHERA BIOPHARMACEUTICALS INC | 0.7% | $15.5m | 390,000 | – | new | |
| 26 | INVESTORS BANCORP INC | 0.7% | $14.9m | 540,300 | – | new | |
| 27 | CSTM CONSTELLIUM NV | Basic Materials | 0.6% | $14.0m | 477,813 | 378% | added |
| 28 | ESPERION THERAPEUTICS INC | 0.6% | $13.4m | 886,224 | 38% | added | |
| 29 | JONES GROUP INC | 0.6% | $13.2m | 885,000 | 0% | held | |
| 30 | GLOBAL BRASS & COPPER HOLDINGS I | 0.6% | $12.6m | 800,000 | 101% | added | |
| 31 | TOWER INTL INC | 0.5% | $12.2m | 450,000 | -4% | reduced | |
| 32 | YONGYE INTL INC | 0.5% | $11.6m | 1,700,000 | -57% | reduced | |
| 33 | SILVER EAGLE ACQUISITION COR | 0.5% | $11.5m | 1,114,100 | 1% | added | |
| 34 | MTB M & T BANK CORP | Financial Services | 0.5% | $10.2m | 84,000 | 0% | held |
| 35 | STONEGATE MTG CORP | 0.4% | $9.0m | 604,543 | 1368% | added | |
| 36 | CAPITOL ACQUISITION CORP II | 0.4% | $8.9m | 900,100 | 0% | held | |
| 37 | WALTER ENERGY INC | 0.4% | $8.6m | 1,140,010 | -3% | reduced | |
| 38 | CLOVIS ONCOLOGY INC | 0.4% | $8.2m | 118,500 | 32% | added | |
| 39 | FLY LEASING LTD | 0.4% | $8.2m | 545,000 | -9% | reduced | |
| 40 | HERTZ GLOBAL HOLDINGS INC | 0.4% | $8.0m | 300,000 | – | new | |
| 41 | HENNESSY CAPITAL ACQUISITION | 0.3% | $7.0m | 695,142 | – | new | |
| 42 | LAMAR ADVERTISING CO | 0.3% | $6.6m | 130,000 | – | new | |
| 43 | QUINPARIO ACQUISITION CORP | 0.3% | $6.6m | 640,000 | 24% | added | |
| 44 | NMIH NMI HOLDINGS INC | Financial Services | 0.3% | $6.6m | 561,542 | -37% | reduced |
| 45 | HLF HERBALIFE LTD | Consumer Defensive | 0.3% | $6.5m | 113,900 | – | new |
| 46 | MCHB HOMESTREET INC | Financial Services | 0.3% | $6.3m | 322,378 | 0% | held |
| 47 | ANIXTER INTL INC | 0.3% | $6.1m | 60,000 | – | new | |
| 48 | WR GRACE & CO | 0.3% | $6.0m | 60,000 | 0% | held | |
| 49 | SAFEWAY INC | 0.3% | $5.9m | 160,000 | – | new | |
| 50 | MONTAGE TECHNOLOGY GROUP LTD | 0.2% | $4.8m | 240,200 | – | 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.