Pentwater Capital Management 13F holdings, Q1 2015
Holdings as of March 31, 2015 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 93 US equity positions worth $7.2bn in its Q1 2015 13F filing. The largest position was DIRECTV at 13.2% of the reported book, followed by SALIX PHARMACEUTICALS INC and PHARMACYCLICS INC. Against the Q4 2014 filing, it opened 20 new positions, added to 18 and reduced 7 among the top 50 holdings.
What did Pentwater Capital Management own in Q1 2015? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2014 |
|---|---|---|---|---|---|---|---|
| 1 | DIRECTV | 13.2% | $952.6m | 11,194,400 | 5% | added | |
| 2 | SALIX PHARMACEUTICALS INC | 9.1% | $651.7m | 3,771,200 | 151% | added | |
| 3 | PHARMACYCLICS INC | 7.9% | $571.5m | 2,233,000 | – | new | |
| 4 | HOSPIRA INC | 7.6% | $544.6m | 6,200,000 | – | new | |
| 5 | TIME WARNER CABLE INC | 6.0% | $433.9m | 2,895,000 | 10% | added | |
| 6 | TURQUOISE HILL RESOURCES LTD | 6.0% | $429.2m | 137,550,000 | 3% | added | |
| 7 | FAMILY DLR STORES INC | 5.7% | $406.9m | 5,135,000 | 185% | added | |
| 8 | BKR BAKER HUGHES INC | Energy | 5.6% | $405.3m | 6,375,000 | 5% | added |
| 9 | TRW AUTOMOTIVE HLDGS CORP | 5.0% | $361.7m | 3,450,000 | -29% | reduced | |
| 10 | DRESSER-RAND GROUP INC | 3.6% | $257.1m | 3,200,000 | 58% | added | |
| 11 | CATAMARAN CORP | 3.0% | $214.3m | 3,600,000 | – | new | |
| 12 | TALISMAN ENERGY INC | 2.3% | $163.0m | 21,220,000 | 68% | added | |
| 13 | EXELIS INC | 2.1% | $151.1m | 6,200,000 | – | new | |
| 14 | SPY SPDR S&P 500 ETF TR | 1.8% | $128.3m | 621,750 | 180% | added | |
| 15 | OFFICE DEPOT INC | 1.8% | $126.0m | 13,700,000 | – | new | |
| 16 | AMERICAN REALTY CAPITAL PROPERTIES INC | 1.7% | $122.0m | 12,388,700 | 18956% | added | |
| 17 | ESPERION THERAPEUTICS INC | 1.7% | $120.0m | 1,296,000 | -12% | reduced | |
| 18 | GM GENERAL MTRS CO | Consumer Cyclical | 1.6% | $115.9m | 3,090,834 | -22% | reduced |
| 19 | INTERNATIONAL GAME TECHNOLOG | 1.5% | $105.2m | 6,045,000 | 2% | added | |
| 20 | DIAMOND RESORTS INTL INC | 1.4% | $99.2m | 2,966,411 | -6% | reduced | |
| 21 | ARUBA NETWORKS INC | 1.1% | $78.4m | 3,200,000 | – | new | |
| 22 | FREESCALE SEMICONDUCTOR LTD | 0.9% | $63.2m | 1,550,000 | – | new | |
| 23 | ALTERA CORP | 0.8% | $60.9m | 1,420,000 | – | new | |
| 24 | TAP MOLSON COORS BREWING CO | Consumer Defensive | 0.7% | $46.9m | 630,000 | – | new |
| 25 | CAESARS ENTMT CORP | 0.5% | $33.2m | 3,150,000 | 32% | added | |
| 26 | OXY OCCIDENTAL PETROLEUM CORP | Energy | 0.4% | $29.2m | 400,000 | – | new |
| 27 | SYK STRYKER CORP | Healthcare | 0.4% | $27.7m | 300,000 | – | new |
| 28 | TESLA MTRS INC | 0.4% | $25.7m | 16,000,000 | 0% | held | |
| 29 | HERBALIFE LTD | 0.4% | $25.5m | 30,500,000 | – | new | |
| 30 | CBS CORP | 0.3% | $22.9m | 377,966 | 94% | added | |
| 31 | HUDSON CITY BANCORP | 0.3% | $22.6m | 2,153,894 | 1772% | added | |
| 32 | REYNOLDS AMERICAN INC | 0.3% | $21.3m | 309,000 | – | new | |
| 33 | T86 TRI POINTE HOMES INC | 0.2% | $17.7m | 1,150,000 | -41% | reduced | |
| 34 | BOULEVARD ACQUISITION CORP | 0.2% | $17.4m | 1,775,000 | 0% | held | |
| 35 | ACTAVIS PLC | 0.2% | $17.2m | 17,000 | – | new | |
| 36 | HEARTWARE INTL INC | 0.2% | $16.0m | 14,000,000 | 0% | held | |
| 37 | KINDER MORGAN INC | 0.2% | $15.1m | 3,675,000 | 15% | added | |
| 38 | AUSPEX PHARMACEUTICALS INC | 0.2% | $15.1m | 150,200 | – | new | |
| 39 | HERTZ GLOBAL HOLDINGS INC | 0.2% | $14.6m | 672,000 | 5500% | added | |
| 40 | KYTHERA BIOPHARMACEUTICALS I | 0.2% | $13.8m | 275,000 | -45% | reduced | |
| 41 | AXIS CAPITAL HOLDINGS LTD | 0.2% | $13.2m | 256,732 | – | new | |
| 42 | LORILLARD INC | 0.2% | $13.1m | 200,000 | – | new | |
| 43 | JPM JPMORGAN CHASE & CO | Financial Services | 0.2% | $13.1m | 215,615 | 331% | added |
| 44 | HEARTWARE INTL INC | 0.2% | $12.7m | 145,000 | -9% | reduced | |
| 45 | HYPERION THERAPEUTICS INC | 0.2% | $12.4m | 270,690 | – | new | |
| 46 | LYONDELLBASELL INDUSTRIES N | 0.2% | $11.4m | 130,000 | 4% | added | |
| 47 | INFORMATICA CORP | 0.2% | $11.0m | 250,000 | – | new | |
| 48 | WHITING PETROLEUM CORP | 0.1% | $10.5m | 340,000 | – | new | |
| 49 | CAPITOL ACQUISITION CORP II | 0.1% | $9.1m | 900,100 | 0% | held | |
| 50 | TORNIER N V | 0.1% | $8.5m | 325,785 | 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.