Pentwater Capital Management 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 48 US equity positions worth $6.3bn in its Q1 2016 13F filing. The largest position was ALLERGAN PLC at 20.6% of the reported book, followed by TIME WARNER CABLE INC and SNDK. Against the Q4 2015 filing, it opened 12 new positions, added to 13 and reduced 19 among the top 48 holdings.
What did Pentwater Capital Management own in Q1 2016? Top 48 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | ALLERGAN PLC | 20.6% | $1.3bn | 4,811,368 | 11% | added | |
| 2 | TIME WARNER CABLE INC | 15.9% | $999.2m | 4,883,400 | -6% | reduced | |
| 3 | SNDK SANDISK CORP | Technology | 11.2% | $703.5m | 9,246,900 | 57% | added |
| 4 | BAXALTA INC | 7.8% | $487.6m | 12,070,000 | 120600% | added | |
| 5 | E M C CORP MASS | 7.6% | $478.1m | 17,939,300 | 13% | added | |
| 6 | STARWOOD HOTELS&RESORTS WRLD | 5.0% | $313.0m | 3,751,201 | – | new | |
| 7 | TURQUOISE HILL RES LTD | 4.2% | $264.6m | 104,170,000 | -10% | reduced | |
| 8 | HUM HUMANA INC | Healthcare | 4.1% | $258.0m | 1,410,000 | -20% | reduced |
| 9 | SYF SYNCHRONY FINL | Financial Services | 3.8% | $238.0m | 8,302,912 | 4% | added |
| 10 | ADT THE ADT CORPORATION | Industrials | 3.1% | $192.3m | 4,660,000 | – | new |
| 11 | CAMERON INTERNATIONAL CORP | 2.6% | $161.3m | 2,405,083 | 159% | added | |
| 12 | CABLEVISION SYS CORP | 2.5% | $157.1m | 4,760,000 | -1% | reduced | |
| 13 | VALEANT PHARMACEUTICALS INTL | 1.8% | $115.5m | 4,391,500 | 1053% | added | |
| 14 | RITE AID CORP | 1.8% | $114.1m | 14,000,000 | 41% | added | |
| 15 | BKR BAKER HUGHES INC | Energy | 1.7% | $108.7m | 2,480,000 | -51% | reduced |
| 16 | DIAMOND RESORTS INTL INC | 0.8% | $49.9m | 2,055,400 | 7% | added | |
| 17 | ATMEL CORP | 0.7% | $45.0m | 5,543,526 | 2% | added | |
| 18 | VEREIT INC | 0.6% | $40.6m | 4,575,000 | -22% | reduced | |
| 19 | WMB WILLIAMS COS INC | Energy | 0.5% | $33.7m | 2,096,064 | -51% | reduced |
| 20 | SYNGENTA AG | 0.5% | $30.2m | 364,731 | – | new | |
| 21 | ESPERION THERAPEUTICS INC NE | 0.4% | $24.1m | 1,424,000 | -1% | reduced | |
| 22 | LDOS LEIDOS HLDGS INC | Technology | 0.4% | $23.6m | 468,150 | – | new |
| 23 | MEDIA GEN INC | 0.3% | $21.1m | 1,293,800 | 276% | added | |
| 24 | OFFICE DEPOT INC | 0.3% | $18.6m | 2,620,000 | -44% | reduced | |
| 25 | YOUKU TUDOU INC | 0.3% | $15.8m | 575,000 | -66% | reduced | |
| 26 | ENERGY TRANSFER PRTNRS L P | 0.2% | $13.4m | 415,000 | – | new | |
| 27 | H HYATT HOTELS CORP | Consumer Cyclical | 0.2% | $11.2m | 226,683 | -60% | reduced |
| 28 | CAESARS ACQUISITION CO | 0.1% | $7.4m | 1,213,000 | 174% | added | |
| 29 | CLECO CORP | 0.1% | $7.2m | 131,080 | – | new | |
| 30 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 0.1% | $6.9m | 55,000 | 83% | added |
| 31 | AGROFRESH SOLUTIONS | 0.1% | $6.1m | 960,000 | -35% | reduced | |
| 32 | CHESAPEAKE ENERGY CORP | 0.1% | $4.5m | 7,000,000 | – | new | |
| 33 | KMI KINDER MORGAN INC | Energy | 0.1% | $4.5m | 250,000 | -19% | reduced |
| 34 | VIDEOCON D2H LTD | 0.1% | $3.9m | 523,417 | -41% | reduced | |
| 35 | SUN SUNOCO LP | Energy | 0.1% | $3.5m | 105,000 | – | new |
| 36 | TESLA MTRS INC | 0.1% | $3.4m | 3,957,000 | -21% | reduced | |
| 37 | CAESARS ENTMT CORP | 0.0% | $3.1m | 460,000 | -70% | reduced | |
| 38 | MPLX MPLX LP | 0.0% | $2.2m | 75,000 | -44% | reduced | |
| 39 | SUNOCO LOGISTICS PRTNRS L P | 0.0% | $2.1m | 85,000 | – | new | |
| 40 | VIRGIN AMER INC | 0.0% | $1.2m | 30,000 | – | new | |
| 41 | BAC BANK AMER CORP | Financial Services | 0.0% | $1.1m | 82,500 | 0% | held |
| 42 | AGROFRESH SOLUTIONS | 0.0% | $881.0k | 881,400 | 0% | held | |
| 43 | CHESAPEAKE ENERGY CORP | 0.0% | $833.0k | 2,000,000 | – | new | |
| 44 | WILLIAMS PARTNERS L P | 0.0% | $614.0k | 30,000 | -54% | reduced | |
| 45 | CHESAPEAKE ENERGY CORP | 0.0% | $206.0k | 50,000 | – | new | |
| 46 | ET ENERGY TRANSFER EQUITY L P | Energy | 0.0% | $143.0k | 20,000 | -93% | reduced |
| 47 | HERTZ GLOBAL HOLDINGS INC | 0.0% | $126.0k | 12,000 | 0% | held | |
| 48 | KINDER MORGAN INC | 0.0% | $55.0k | 1,516,362 | 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.