WhaleCreep

Pentwater Capital Management LP 13F holdings, Q2 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-06-30, filed 2021-08-16

Pentwater Capital Management LP disclosed 259 US equity positions worth $9.7bn in its Q2 2021 13F filing. Its largest position is MXIM at 12.1% of the reported book, followed by ALXN and WORK. Versus Q1 2021 it opened 100 new positions, added to 51, reduced 54 and exited 117.

$9.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
259
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.1%
Largest position
The largest single position as a share of the reported equity book.
68.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
17
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
75
Quarters on file since Q4 2007
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2021: 100 new, 51 added, 54 reduced, 117 exited

50 of 259
MXIM MAXIM INTEGRATED PRODS INC–12.1%$1.2bn11.22m+2.5%added
ALXN ALEXION PHARMACEUTICALS INC–9.3%$906m4.93m+15%added
WORK SLACK TECHNOLOGIES INC–8.8%$861m19.44m0.0%held
IHS MARKIT LTD no ticker–8.2%$800m7.10m+41%added
NUANEUR NUANCE COMMUNICATIONS INC–6.8%$666m12.23m–new
KSUEUR KANSAS CITY SOUTHERN–6.0%$585m2.07m+297%added
PPD INC no ticker–5.8%$563m12.22m+12120%added
PFPT PROOFPOINT INC–4.5%$438m2.52m–new
COHR COHERENT INCTechnology3.9%$381m1.44m+20%added
TRQCAD TURQUOISE HILL RES LTD–3.3%$322m19.07m+2.3%added
XLNXEUR XILINX INC–3.1%$298m2.06m−65%reduced
CHNGUSD CHANGE HEALTHCARE INC–2.1%$207m9.01m−5.2%reduced
PRAH PRA HEALTH SCIENCES INC–2.1%$205m1.24m+33%added
GRA1EUR GRACE W R & CO DEL NEW–2.0%$191m2.76m–new
QTS QTS RLTY TR INC–1.6%$155m2.00m–new
PCG PG&E CORPUtilities1.5%$142m13.96m−3.9%reduced
ATHENE HLDG LTD no ticker–1.4%$132m1.95m+0.8%added
VIPS VIPSHOP HOLDINGS LIMITEDConsumer Cyclical1.3%$122m6.09m+325%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical1.1%$104m458,500+31%added
AON AON PLCFinancial Services1.0%$95.8m401,388–new
BIDU BAIDU INCCommunication Services0.8%$80.5m395,000+84%added
TLND TALEND S A–0.8%$79.4m1.21m+48%added
MFS1EUR WELBILT INC–0.8%$79.3m3.43m–new
JOBSUSD 51JOB INC–0.8%$75.0m965,000+37%added
VER VEREIT INC–0.8%$74.6m1.63m–new
PSTXUSD POSEIDA THERAPEUTICS INC–0.5%$49.8m4.97m0.0%held
FYBR FRONTIER COMMUNICATIONS PARE–0.4%$39.9m1.51m–new
NCLH NORWEGIAN CRUISE LINE HLDGSConsumer Cyclical0.3%$30.3m1.03m−9.2%reduced
KNL KNOLL INC–0.3%$28.6m1.10m–new
CBB CINCINNATI BELL INC NEW–0.3%$28.5m1.85m−1.5%reduced
DISCKUSD DISCOVERY INC–0.3%$28.2m971,800–new
ORBC ORBCOMM INC–0.3%$28.1m2.50m–new
RAVN RAVEN INDS INC–0.3%$27.8m480,000–new
DISCAUSD DISCOVERY INC–0.3%$27.7m904,000+1122%added
SPWH SPORTSMANS WHSE HLDGS INCConsumer Cyclical0.3%$26.4m1.49m−0.9%reduced
SF9 SANDERSON FARMS INC–0.3%$25.8m137,000–new
DIS DISNEY WALT COCommunication Services0.2%$20.8m118,500+2863%added
DOUYU INTL HLDGS LTD no ticker–0.2%$20.2m2.95m+47%added
SOGOGBP SOGOU INC–0.2%$19.8m2.33m+48%added
NEW FRONTIER HEALTH CORP no ticker–0.2%$17.0m1.52m+22%added
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical0.2%$16.1m188,801−57%reduced
MDLA MEDALLIA INC–0.2%$15.0m445,000–new
AAL AMERICAN AIRLINES GROUP INCIndustrials0.2%$14.7m9.35m0.0%held
CCL CARNIVAL CORPConsumer Cyclical0.1%$14.4m546,600−48%reduced
VICI VICI PPTYS INCReal Estate0.1%$14.1m455,000−81%reduced
CAI1USD CAI INTERNATIONAL INC–0.1%$14.0m250,000–new
JTKWY JUST EAT TAKEAWAY COM N V–0.1%$13.9m760,000–new
CXPUSD COLUMBIA PPTY TR INC–0.1%$13.7m789,705+160%added
BPFH BOSTON PRIVATE FINL HLDGS IN–0.1%$12.9m875,000+119%added
CLVT CLARIVATE PLCTechnology0.1%$12.4m450,000+500%added

Exited since Q1 2021

117 rows
GWPH GW PHARMACEUTICALS PLC5.3%$456m
IPHI INPHI CORP4.2%$365m
CLGX CORELOGIC INC3.6%$311m
VAREUR VARIAN MED SYS INC3.1%$268m
RP REALPAGE INC2.9%$251m
GRUBHUB INC no ticker2.4%$207m
CHINA BIOLOGIC PRODS HLDGS I no ticker1.6%$140m
TCF TCF FINANCIAL CORPORATION NE1.0%$84.6m
APH1EUR APHRIA INC1.0%$82.4m
TLRY TILRAY BRANDS INC0.7%$59.1m
FLIR FLIR SYS INC0.7%$56.5m
PRSP PERSPECTA INC0.5%$43.6m
FPRX FIVE PRIME THERAPEUTICS INC0.4%$37.7m
HIG HARTFORD INSURANCE GROUP INC0.4%$34.4m
STAYUSD EXTENDED STAY AMER INC0.2%$21.5m
DD DUPONT DE NEMOURS INC0.2%$20.7m
CUBUSD CUBIC CORP0.2%$18.5m
MIKUSD MICHAELS COS INC0.2%$17.6m
CAESARS ENTERTAINMENT CORP no ticker0.2%$16.7m
HMSY HMS HLDGS CORP0.2%$15.5m
HYG ISHARES TR0.1%$11.8m
PLURALSIGHT INC no ticker0.1%$10.1m
GNMK GENMARK DIAGNOSTICS INC0.1%$9.4m
PAND PANDION THERAPEUTICS INC0.1%$9.0m
EGOVEUR NIC INC0.1%$8.8m
CARDTRONICS PLC no ticker0.1%$8.7m
SEACOR HOLDINGS INC no ticker0.08%$7.0m
CADEEUR CADENCE BANCORPORATION0.08%$6.7m
SPHR SPHERE ENTERTAINMENT CO0.07%$5.6m
PINE TECHNOLOGY ACQUISITION CORP no ticker0.05%$4.7m
0VVB PARAMOUNT GLOBAL0.05%$4.5m
GOTU GAOTU TECHEDU INC0.05%$4.1m
GNW GENWORTH FINL INC0.04%$3.6m
ARE ALEXANDRIA REAL ESTATE EQ IN0.04%$3.3m
AEGN AEGION CORP0.04%$3.3m
G&P ACQUISITION CORP no ticker0.04%$3.2m
ARES ACQUISITION CORPORATION no ticker0.03%$2.5m
BJ BJS WHSL CLUB HLDGS INC0.03%$2.2m
WIFI BOINGO WIRELESS INC0.03%$2.2m
GLUU GLU MOBILE INC0.03%$2.2m
ELAN ELANCO ANIMAL HEALTH INC0.02%$2.1m
CTB COOPER TIRE & RUBR CO0.02%$2.0m
WSC WILLSCOT HLDGS CORP0.02%$1.8m
GRSV GORES HLDGS V INC0.02%$1.7m
REYN REYNOLDS CONSUMER PRODS INC0.02%$1.7m
MPT MEDICAL PPTYS TRUST INC0.02%$1.6m
DT DYNATRACE INC0.02%$1.4m
FRG1USD FRANCHISE GROUP INC0.02%$1.4m
ACI ALBERTSONS COMPANIES INC0.02%$1.4m
GATES INDL CORP PLC no ticker0.01%$1.3m

Sector mix

  • Unclassified87.1%
  • Technology4.7%
  • Consumer Cyclical3.4%
  • Utilities1.5%
  • Financial Services1.2%
  • Communication Services1.1%
  • Healthcare0.5%
  • Real Estate0.2%
  • Industrials0.2%
  • Consumer Defensive0.07%
  • Energy0.04%

Book over time

Every quarter on file (75)
QuarterPositionsEquity book
Q2 202659$12.5bn
Q1 202660$14.1bn
Q4 202547$13.8bn
Q3 202566$11.1bn
Q2 202564$7.8bn
Q1 202563$7.2bn
Q4 202455$5.8bn
Q3 202452$5.5bn
Q2 202453$4.6bn
Q1 202457$6.1bn
Q4 202368$5.3bn
Q3 202369$10.4bn
Q2 202386$8.0bn
Q1 202394$6.0bn
Q4 202280$3.2bn
Q3 2022100$6.6bn
Q2 2022115$5.9bn
Q1 2022121$5.4bn
Q4 2021157$6.3bn
Q3 2021183$7.3bn
Q2 2021259$9.7bn
Q1 2021276$8.6bn
Q4 2020190$6.5bn
Q3 2020180$5.0bn
Q2 2020129$3.4bn
Q1 202093$3.7bn
Q4 2019107$2.6bn
Q3 2019110$3.2bn
Q2 2019124$5.3bn
Q1 2019105$3.8bn
Q4 201898$5.1bn
Q3 2018107$6.6bn
Q2 201877$6.9bn
Q1 201849$8.4bn
Q4 201752$7.6bn
Q3 201755$6.3bn
Q2 201759$5.8bn
Q1 201753$4.7bn
Q4 201653$3.2bn
Q3 201671$5.4bn
Q2 201663$3.7bn
Q1 201648$6.3bn
Q4 201565$7.5bn
Q3 201588$7.3bn
Q2 2015103$11.5bn
Q1 201593$7.2bn
Q4 201487$7.4bn
Q3 2014113$6.5bn
Q2 201497$5.3bn
Q1 201485$2.2bn
Q4 201369$2.1bn
Q3 201380$2.4bn
Q2 201373$3.8bn
Q1 201341$1.3bn
Q4 201244$1.6bn
Q3 201239$1.3bn
Q2 201246$1.6bn
Q1 201242$1.8bn
Q4 201156$2.0bn
Q3 201154$1.4bn
Q2 201171$1.4bn
Q1 201171$2.2bn
Q4 201052$1.4bn
Q3 201052$1.5bn
Q2 201056$812m
Q1 201040$392m
Q4 200944$487m
Q3 200927$440m
Q2 200922$316m
Q1 200917$233m
Q4 200817$293m
Q3 200834$1.0bn
Q2 200828$728m
Q1 200827$1.0bn
Q4 200728$782m

Where Pentwater Capital Management LP was early

32 rows
BCE BCE INCQ1 20081 of 826.1%6.1%3Exited by Q4 2008+2.9%
HUN HUNTSMAN CORPQ1 20084 of 1438.9%8.9%4Exited by Q1 2009−85%
SPY STATE STR SPDR S&P 500 ETF TQ1 20087 of 2671.9%27.0%57Held at last filing, Q2 2026+466%
CMG CHIPOTLE MEXICAN GRILL INCQ2 20082 of 1851.4%1.7%3Exited by Q3 2009−3.2%
RGA REINSURANCE GROUP AMER INCQ1 20091 of 1021.8%1.8%6Exited by Q3 2010+41%
BAC BANK AMERICA CORPQ2 200912 of 23211.3%11.3%54Exited by Q1 2024+155%
CMCSA COMCAST CORPQ2 200917 of 2190.1%3.5%3Exited by Q3 2014+271%
AWK AMERICAN WTR WKS CO INC NEWQ4 20096 of 1230.6%1.2%2Exited by Q2 2010−2.9%
JPM JPMORGAN CHASE & COQ4 200912 of 2310.09%8.6%33Exited by Q1 2024+308%
FIS FIDELITY NATL INFORMATION SVQ2 20107 of 2257.1%7.1%3Exited by Q1 2011+2.1%
GS GOLDMAN SACHS GROUP INCQ2 201011 of 2298.0%8.0%21Exited by Q2 2022+151%
GM GENERAL MTRS COQ2 20111 of 1692.7%4.2%18Exited by Q4 2015−1.1%
META FACEBOOK INCQ2 20124 of 3842.1%2.1%2Exited by Q4 2012−30%
ZTS ZOETIS INCQ2 20132 of 17813.1%13.1%10Exited by Q1 2019+177%
CTB COOPER TIRE & RUBR COQ3 20131 of 652.9%2.9%3Exited by Q2 2021−46%
AAL AMERICAN AIRLINES GROUP INCQ4 201313 of 2383.9%3.9%27Exited by Q4 2022−52%
VOD VODAFONE GROUP PLCQ1 20143 of 1085.0%5.0%3Exited by Q4 2014−11%
SYF SYNCHRONY FINANCIALQ3 20143 of 1810.4%5.5%36Exited by Q1 2024+56%
BKR BAKER HUGHES A GE COQ4 20148 of 1784.6%5.9%7Exited by Q4 2019−59%
HUM HUMANA INCQ2 201513 of 2113.4%8.2%12Held at last filing, Q2 2026+108%
AVGO BROADCOM INCQ2 201516 of 3239.2%15.9%9Exited by Q2 2025+1160%
MXIM MAXIM INTEGRATED PRODS INCQ4 201510 of 1010.09%12.3%5Exited by Q3 2021+177%
SNDK SANDISK CORPQ4 201514 of 2335.9%11.2%2Exited by Q2 2016+0.1%
DELL DELL TECHNOLOGIES INCQ3 20169 of 2743.8%7.1%10Exited by Q1 2019+85%
TGNA TEGNA INCQ2 201715 of 1470.06%3.0%12Exited by Q1 2026−40%
AVA AVISTA CORPQ3 20179 of 990.2%1.0%5Exited by Q4 2018−2.3%
VICI VICI PPTYS INCQ1 201816 of 1632.1%3.0%23Exited by Q1 2024+74%
CI THE CIGNA GROUPQ4 201812 of 1921.1%1.1%5Exited by Q1 2024+58%
HHH HOWARD HUGHES CORPQ2 20199 of 1160.8%1.4%3Exited by Q1 2020+2.4%
COHR COHERENT INCQ1 202115 of 2633.5%5.9%6Exited by Q3 2022−25%
KVUE KENVUE INCQ2 202310 of 2030.03%7.8%9Held at last filing, Q2 2026−28%
AMC AMC ENTMT HLDGS INCQ3 20232 of 770.03%1.3%5Held at last filing, Q2 2026−76%

Concentration and tenure

17.9%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
76.3%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
1
Median completed holding, quarters