Pentwater Capital Management 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 105 US equity positions worth $3.8bn in its Q1 2019 13F filing. The largest position was CELG at 24.5% of the reported book, followed by RED HAT INC and TURQUOISE HILL RES LTD. Against the Q4 2018 filing, it opened 16 new positions, added to 15 and reduced 13 among the top 50 holdings.
What did Pentwater Capital Management own in Q1 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | CELG CELGENE CORP | 24.5% | $923.1m | 9,785,000 | – | new | |
| 2 | RED HAT INC | 8.6% | $322.5m | 1,765,000 | 29% | added | |
| 3 | TURQUOISE HILL RES LTD | 8.3% | $311.9m | 187,861,212 | 23% | added | |
| 4 | WELLCARE HEALTH PLANS INC | 7.7% | $290.0m | 1,075,000 | – | new | |
| 5 | NXPI NXP SEMICONDUCTORS N V | Technology | 5.7% | $214.1m | 2,422,000 | -77% | reduced |
| 6 | DIS DISNEY WALT CO | Communication Services | 5.2% | $195.8m | 1,763,425 | – | new |
| 7 | MELLANOX TECHNOLOGIES LTD | 4.9% | $185.8m | 1,570,000 | 26067% | added | |
| 8 | ARRIS INTERNATIONAL PLC | 3.5% | $132.4m | 4,190,000 | -12% | reduced | |
| 9 | INTEGRATED DEVICE TECHNOLOGY | 3.4% | $128.8m | 2,630,000 | -21% | reduced | |
| 10 | PCG PG&E CORP | Utilities | 2.7% | $102.2m | 5,740,000 | – | new |
| 11 | ESPERION THERAPEUTICS INC NE | 2.6% | $99.4m | 2,476,500 | -0% | held | |
| 12 | U S G CORP | 2.3% | $86.3m | 1,993,048 | -6% | reduced | |
| 13 | VICI VICI PPTYS INC | Real Estate | 2.0% | $76.6m | 3,500,000 | -36% | reduced |
| 14 | SYF SYNCHRONY FINL | Financial Services | 1.8% | $68.9m | 2,161,117 | 5% | added |
| 15 | LLY LILLY ELI & CO | Healthcare | 1.7% | $64.9m | 500,000 | – | new |
| 16 | TRCO TRIBUNE MEDIA CO | 1.6% | $60.0m | 1,300,000 | -11% | reduced | |
| 17 | FDC FIRST DATA CORP NEW | 0.9% | $34.2m | 1,300,000 | 665% | added | |
| 18 | ULTIMATE SOFTWARE GROUP INC | 0.9% | $33.0m | 100,000 | – | new | |
| 19 | VERSUM MATLS INC | 0.9% | $32.7m | 650,000 | – | new | |
| 20 | ET ENERGY TRANSFER LP | Energy | 0.8% | $31.5m | 2,050,000 | 0% | held |
| 21 | SPY SPDR S&P 500 ETF TR | 0.8% | $28.5m | 101,000 | -98% | reduced | |
| 22 | ZAYO GROUP HLDGS INC | 0.7% | $25.6m | 900,000 | – | new | |
| 23 | WP WORLDPAY INC | 0.7% | $25.0m | 220,000 | – | new | |
| 24 | ALTRA INDL MOTION CORP | 0.5% | $18.8m | 605,000 | -41% | reduced | |
| 25 | WABCO HLDGS INC | 0.4% | $15.2m | 115,000 | – | new | |
| 26 | CI CIGNA CORP | Healthcare | 0.4% | $15.1m | 93,734 | -68% | reduced |
| 27 | SILVERBOW RES INC | 0.4% | $14.7m | 638,052 | 0% | held | |
| 28 | VEREIT INC | 0.3% | $13.0m | 1,554,543 | 1% | added | |
| 29 | BA BOEING CO | Industrials | 0.3% | $13.0m | 34,000 | – | new |
| 30 | BEMIS CO INC | 0.3% | $11.7m | 210,000 | -18% | reduced | |
| 31 | BJ BJS WHSL CLUB HLDGS INC | Consumer Defensive | 0.3% | $10.0m | 365,791 | 216% | added |
| 32 | CAESARS ENTMT CORP | 0.3% | $10.0m | 7,000,000 | 0% | held | |
| 33 | EQUITRANS MIDSTREAM CORPORAT | 0.3% | $9.6m | 440,000 | 36% | added | |
| 34 | AIZ ASSURANT INC | Financial Services | 0.3% | $9.5m | 100,000 | – | new |
| 35 | NIELSEN HLDGS PLC | 0.3% | $9.5m | 400,000 | – | new | |
| 36 | COTY COTY INC | Consumer Defensive | 0.2% | $8.6m | 750,000 | – | new |
| 37 | AAL AMERICAN AIRLS GROUP INC | Industrials | 0.2% | $8.5m | 267,439 | 1237% | added |
| 38 | DBX DROPBOX INC | Technology | 0.2% | $8.0m | 365,000 | 24% | added |
| 39 | WMB WILLIAMS COS INC | Energy | 0.2% | $5.7m | 200,000 | 0% | held |
| 40 | FHB FIRST HAWAIIAN INC | Financial Services | 0.1% | $5.5m | 210,000 | 35% | added |
| 41 | DAY CERIDIAN HCM HLDG INC | 0.1% | $5.3m | 104,197 | 154% | added | |
| 42 | LYFT LYFT INC | Technology | 0.1% | $4.9m | 62,000 | – | new |
| 43 | GARDNER DENVER HLDGS INC | 0.1% | $4.3m | 155,900 | -31% | reduced | |
| 44 | AXA EQUITABLE HLDGS INC | 0.1% | $4.0m | 200,000 | -9% | reduced | |
| 45 | ZUORA INC | 0.1% | $4.0m | 200,090 | 38% | added | |
| 46 | IQV IQVIA HLDGS INC | Healthcare | 0.1% | $3.9m | 27,000 | – | new |
| 47 | LIBERTY EXPEDIA HLDGS INC | 0.1% | $3.7m | 85,791 | 14% | added | |
| 48 | BUNGE LIMITED | 0.1% | $3.6m | 67,200 | -21% | reduced | |
| 49 | SVMK INC | 0.1% | $3.2m | 177,744 | 16% | added | |
| 50 | ALLERGAN PLC | 0.1% | $3.2m | 22,000 | 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.