Pentwater Capital Management 13F holdings, Q3 2019
Holdings as of September 30, 2019 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 110 US equity positions worth $3.2bn in its Q3 2019 13F filing. The largest position was CELG at 18.9% of the reported book, followed by SPY and ZAYO GROUP HLDGS INC. Against the Q2 2019 filing, it opened 14 new positions, added to 13 and reduced 19 among the top 50 holdings.
What did Pentwater Capital Management own in Q3 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2019 |
|---|---|---|---|---|---|---|---|
| 1 | CELG CELGENE CORP | 18.9% | $615.4m | 6,197,680 | 8% | added | |
| 2 | SPY SPDR S&P 500 ETF TR | 10.8% | $350.2m | 1,180,000 | 314% | added | |
| 3 | ZAYO GROUP HLDGS INC | 8.8% | $286.3m | 8,444,980 | 4% | added | |
| 4 | CYPRESS SEMICONDUCTOR CORP | 6.9% | $224.5m | 9,618,200 | -6% | reduced | |
| 5 | SPARK THERAPEUTICS INC | 6.3% | $204.0m | 2,103,545 | 170% | added | |
| 6 | MELLANOX TECHNOLOGIES LTD | 5.7% | $186.1m | 1,698,200 | -15% | reduced | |
| 7 | ADSW ADVANCED DISP SVCS INC | 3.4% | $109.1m | 3,350,000 | 35% | added | |
| 8 | WELLCARE HEALTH PLANS INC | 3.4% | $108.9m | 420,000 | 5% | added | |
| 9 | ESPERION THERAPEUTICS INC | 2.8% | $90.9m | 2,478,261 | 2% | added | |
| 10 | PCG PG&E CORP | Utilities | 2.6% | $85.8m | 8,581,100 | 88% | added |
| 11 | CAESARS ENTMT CORP | 2.6% | $84.7m | 7,261,180 | -4% | reduced | |
| 12 | TURQUOISE HILL RES LTD | 2.6% | $84.3m | 177,322,214 | -3% | reduced | |
| 13 | INTELSAT S A | 2.4% | $76.8m | 3,366,400 | 98% | added | |
| 14 | ALDER BIOPHARMACEUTICALS INC | 1.8% | $58.1m | 3,082,920 | – | new | |
| 15 | WABCO HLDGS INC | 1.7% | $55.4m | 413,989 | -22% | reduced | |
| 16 | VIAB VIACOM INC | 1.5% | $48.1m | 2,000,100 | – | new | |
| 17 | HHH HOWARD HUGHES CORP | Real Estate | 1.4% | $45.0m | 347,000 | 1% | added |
| 18 | VERSUM MATLS INC | 1.3% | $43.1m | 815,000 | 11% | added | |
| 19 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 1.3% | $41.8m | 550,000 | – | new |
| 20 | GNW GENWORTH FINL INC | Financial Services | 1.1% | $36.3m | 8,240,100 | 82301% | added |
| 21 | INTELSAT S A | 1.0% | $30.9m | 20,800,000 | – | new | |
| 22 | GHDX GENOMIC HEALTH INC | 0.9% | $29.8m | 440,000 | – | new | |
| 23 | VICI VICI PPTYS INC | Real Estate | 0.9% | $29.4m | 1,300,000 | -62% | reduced |
| 24 | SYF SYNCHRONY FINL | Financial Services | 0.9% | $28.4m | 832,401 | -27% | reduced |
| 25 | ET ENERGY TRANSFER LP | Energy | 0.8% | $25.9m | 1,980,000 | -3% | reduced |
| 26 | UTXZ UNITED TECHNOLOGIES CORP | 0.7% | $24.2m | 177,000 | -5% | reduced | |
| 27 | PIVOTAL SOFTWARE INC | 0.7% | $23.3m | 1,564,830 | – | new | |
| 28 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.6% | $19.6m | 90,000 | -41% | reduced |
| 29 | HUM HUMANA INC | Healthcare | 0.5% | $16.9m | 66,000 | 65% | added |
| 30 | BITAUTO HLDGS LTD | 0.5% | $15.9m | 1,062,385 | – | new | |
| 31 | LIBERTY PPTY TR | 0.4% | $12.8m | 250,000 | – | new | |
| 32 | CAESARS ENTMT CORP | 0.4% | $11.9m | 7,000,000 | 0% | held | |
| 33 | GEO GEO GROUP INC | Industrials | 0.4% | $11.7m | 675,000 | – | new |
| 34 | CHINA BIOLOGIC PRODS HLDGS I | 0.3% | $9.6m | 83,490 | – | new | |
| 35 | CORINDUS VASCULAR ROBOTICS I | 0.3% | $8.6m | 2,000,000 | – | new | |
| 36 | BJ BJS WHSL CLUB HLDGS INC | Consumer Defensive | 0.2% | $6.5m | 251,800 | -46% | reduced |
| 37 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.2% | $6.4m | 38,000 | -83% | reduced |
| 38 | SILVERBOW RES INC | 0.2% | $6.2m | 638,052 | 0% | held | |
| 39 | NXPI NXP SEMICONDUCTORS N V | Technology | 0.2% | $6.1m | 56,000 | -98% | reduced |
| 40 | DBX DROPBOX INC | Technology | 0.2% | $5.6m | 276,000 | -24% | reduced |
| 41 | QQQ INVESCO QQQ TR | 0.1% | $4.7m | 25,000 | -38% | reduced | |
| 42 | AAL AMERICAN AIRLS GROUP INC | Industrials | 0.1% | $4.6m | 169,439 | 0% | held |
| 43 | AXALTA COATING SYS LTD | 0.1% | $4.2m | 140,000 | -67% | reduced | |
| 44 | WMB WILLIAMS COS INC DEL | Energy | 0.1% | $4.1m | 170,000 | -11% | reduced |
| 45 | TALLGRASS ENERGY LP | 0.1% | $4.0m | 200,000 | – | new | |
| 46 | MO ALTRIA GROUP INC | Consumer Defensive | 0.1% | $3.3m | 80,000 | – | new |
| 47 | VEREIT INC | 0.1% | $3.1m | 318,896 | -60% | reduced | |
| 48 | GARDNER DENVER HLDGS INC | 0.1% | $2.8m | 100,000 | 0% | held | |
| 49 | ALTRA INDL MOTION CORP | 0.1% | $2.8m | 100,000 | -81% | reduced | |
| 50 | EXK EXACT SCIENCES CORP | Basic Materials | 0.1% | $2.6m | 29,000 | – | 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.