Pentwater Capital Management 13F holdings, Q3 2014
Holdings as of September 30, 2014 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 113 US equity positions worth $6.5bn in its Q3 2014 13F filing. The largest position was DIRECTV at 14.2% of the reported book, followed by ALLERGAN INC and TIM HORTONS INC. Against the Q2 2014 filing, it opened 16 new positions, added to 21 and reduced 7 among the top 50 holdings.
What did Pentwater Capital Management own in Q3 2014? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2014 |
|---|---|---|---|---|---|---|---|
| 1 | DIRECTV | 14.2% | $918.0m | 10,610,000 | 17% | added | |
| 2 | ALLERGAN INC | 10.0% | $650.1m | 3,648,338 | -7% | reduced | |
| 3 | TIM HORTONS INC | 8.3% | $535.7m | 6,797,200 | – | new | |
| 4 | TRW AUTOMOTIVE HLDGS CORP | 6.7% | $435.4m | 4,300,000 | – | new | |
| 5 | TURQUOISE HILL RES LTD | 6.5% | $419.7m | 112,209,900 | 0% | held | |
| 6 | TIME WARNER CABLE INC | 5.8% | $373.1m | 2,600,000 | 2% | added | |
| 7 | COVIDIEN PLC | 5.3% | $342.6m | 3,960,000 | 52% | added | |
| 8 | SALIX PHARMACEUTICALS INC | 4.8% | $312.5m | 2,000,000 | – | new | |
| 9 | VALEANT PHARMACEUTICALS INTL | 3.2% | $204.6m | 1,559,527 | 98% | added | |
| 10 | ZTS ZOETIS INC | Healthcare | 2.4% | $157.0m | 4,250,000 | -26% | reduced |
| 11 | KINDER MORGAN MANAGEMENT LLC | 2.4% | $152.8m | 1,622,998 | – | new | |
| 12 | INTERNATIONAL GAME TECHNOLOGY | 2.3% | $151.0m | 8,950,000 | 4158% | added | |
| 13 | FAMILY DLR STORES INC | 2.2% | $142.1m | 1,840,000 | – | new | |
| 14 | CBS OUTDOOR AMERS INC | 2.1% | $138.7m | 4,633,570 | 11484% | added | |
| 15 | GM GENERAL MOTORS CO | Consumer Cyclical | 2.0% | $128.4m | 4,019,692 | 6% | added |
| 16 | SHIRE PLC | 1.6% | $104.4m | 403,182 | 427% | added | |
| 17 | CBS CORP | 1.2% | $79.3m | 1,482,187 | -91% | reduced | |
| 18 | DIAMOND RESORTS INTL INC | 1.1% | $72.5m | 3,185,000 | -0% | held | |
| 19 | CONCUR TECHNOLOGIES INC | 1.0% | $63.4m | 500,000 | – | new | |
| 20 | BALLY TECHNOLOGIES INC | 0.9% | $56.6m | 701,000 | – | new | |
| 21 | WALGREEN CO | 0.8% | $53.4m | 901,620 | 140% | added | |
| 22 | SIX FLAGS ENTMT CORP | 0.6% | $41.3m | 1,200,000 | – | new | |
| 23 | CHIQUITA BRANDS INTL INC | 0.6% | $40.6m | 2,862,700 | 34% | added | |
| 24 | PFE PFIZER INC | Healthcare | 0.6% | $39.0m | 1,320,000 | 300% | added |
| 25 | SPY SPDR S&P 500 ETF TR | 0.6% | $38.2m | 194,000 | 385% | added | |
| 26 | NPS PHARMACEUTICALS INC | 0.6% | $36.4m | 1,398,200 | 288% | added | |
| 27 | TESLA MTRS INC | 0.5% | $32.3m | 16,000,000 | 0% | held | |
| 28 | MONTAGE TECHNOLOGY GROUP LTD | 0.5% | $31.4m | 1,502,957 | 0% | held | |
| 29 | TALISMAN ENERGY INC | 0.5% | $31.1m | 3,600,000 | – | new | |
| 30 | CLOVIS ONCOLOGY INC | 0.5% | $29.5m | 650,000 | 12% | added | |
| 31 | SYF SYNCHRONY FINL | Financial Services | 0.4% | $29.0m | 1,180,000 | – | new |
| 32 | BURGER KING WORLDWIDE INC | 0.4% | $27.5m | 928,400 | – | new | |
| 33 | T86 TRI POINTE HOMES INC | 0.4% | $26.9m | 2,075,000 | – | new | |
| 34 | EBIX INC | 0.4% | $26.8m | 1,892,000 | 10% | added | |
| 35 | LYONDELLBASELL INDUSTRIES | 0.4% | $26.1m | 240,000 | -64% | reduced | |
| 36 | GENTIVA HEALTH SERVICES INC | 0.4% | $25.2m | 1,500,000 | 164% | added | |
| 37 | ESPERION THERAPEUTICS INC | 0.4% | $24.2m | 990,000 | -1% | reduced | |
| 38 | ANF ABERCROMBIE & FITCH CO | Consumer Cyclical | 0.4% | $23.6m | 650,000 | 81% | added |
| 39 | DRESSER-RAND GROUP INC | 0.3% | $22.3m | 271,328 | – | new | |
| 40 | PETSMART INC | 0.3% | $21.0m | 300,000 | – | new | |
| 41 | KYTHERA BIOPHARMACEUTICALS | 0.3% | $20.3m | 619,400 | 1% | added | |
| 42 | BYD BOYD GAMING CORP | Consumer Cyclical | 0.3% | $18.9m | 1,860,000 | 564% | added |
| 43 | TIBCO SOFTWARE INC | 0.3% | $17.7m | 750,000 | – | new | |
| 44 | BOULEVARD ACQUISITION CORP | 0.3% | $17.2m | 1,775,000 | 0% | held | |
| 45 | HEARTWARE INTL INC | 0.2% | $15.5m | 14,000,000 | 0% | held | |
| 46 | ACTAVIS PLC | 0.2% | $15.1m | 62,500 | – | new | |
| 47 | BSBR BANCO SANTANDER BRASIL S A | Financial Services | 0.2% | $14.5m | 2,210,710 | 12% | added |
| 48 | INVESTORS BANCORP INC | 0.2% | $13.1m | 1,297,965 | -21% | reduced | |
| 49 | JPM JPMORGAN CHASE & CO | Financial Services | 0.2% | $12.7m | 210,822 | -18% | reduced |
| 50 | HEARTWARE INTL INC | 0.2% | $11.6m | 150,000 | 4% | 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.