WhaleCreep

Pentwater Capital Management LP 13F holdings, Q1 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-03-31, filed 2022-05-16

Pentwater Capital Management LP disclosed 121 US equity positions worth $5.4bn in its Q1 2022 13F filing. Its largest position is ATVIEUR at 10.8% of the reported book, followed by TRQCAD and CTXSEUR. Versus Q4 2021 it opened 38 new positions, added to 30, reduced 39 and exited 74.

$5.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
121
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.8%
Largest position
The largest single position as a share of the reported equity book.
60.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
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 Q4 2021: 38 new, 30 added, 39 reduced, 74 exited

50 of 121
ATVIEUR ACTIVISION BLIZZARD INC–10.8%$586m7.32m–new
TRQCAD TURQUOISE HILL RES LTD–10.4%$566m18.83m−0.1%held
CTXSEUR CITRIX SYS INC–6.4%$346m3.43m–new
NIELSEN HLDGS PLC no ticker–6.2%$337m12.36m–new
CERNCHF CERNER CORP–6.2%$336m3.60m+33%added
PLANUSD ANAPLAN INC–5.2%$280m4.30m–new
ZNGAEUR ZYNGA INC–4.3%$231m25.00m–new
BA BOEING COIndustrials4.0%$216m1.13m+17%added
COHR COHERENT INCTechnology3.9%$212m774,000−45%reduced
TGNA TEGNA INC–2.9%$159m7.11m+1767%added
JOBSUSD 51JOB INC–2.9%$158m2.70m+85%added
MNDT MANDIANT INC–2.9%$156m7.00m–new
NCSUSD CORNERSTONE BLDG BRANDS INC–2.2%$120m4.92m–new
VNEUSD VEONEER INC–2.1%$114m3.08m+9.2%added
MIMECAST LTD no ticker–2.0%$107m1.35m−5.9%reduced
EPAYEUR BOTTOMLINE TECH DEL INC–2.0%$106m1.87m+25%added
TEN1 TENNECO INC–1.9%$105m5.73m–new
VICI VICI PPTYS INCReal Estate1.9%$102m3.57m−5.3%reduced
CCMP CMC MATERIALS INC–1.8%$97.3m525,000–new
MFS1EUR WELBILT INC–1.7%$93.4m3.93m+3.2%added
VG1EUR VONAGE HLDGS CORP–1.7%$93.3m4.60m+7.5%added
HTZ HERTZ GLOBAL HLDGS INCIndustrials1.5%$81.8m3.69m−36%reduced
FHN FIRST HORIZON CORPORATIONFinancial Services1.2%$66.8m2.85m–new
T AT&T INCCommunication Services1.1%$59.1m2.50m–new
PCG PG&E CORPUtilities1.0%$52.5m4.40m+2.9%added
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical0.9%$47.4m566,000+17%added
FYBR FRONTIER COMMUNICATIONS PARE–0.8%$42.4m1.53m+1.3%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical0.6%$33.2m305,000+136%added
NCLH NORWEGIAN CRUISE LINE HLDGSConsumer Cyclical0.5%$29.1m1.33m+36%added
MOMENTIVE GLOBAL INC no ticker–0.5%$27.5m1.69m+222%added
DJT TRUMP MEDIA & TECHNOLOGY GROCommunication Services0.5%$25.8m400,615+52%added
DIS DISNEY WALT COCommunication Services0.5%$25.7m187,200+163%added
ESPERION THERAPEUTICS INC NE no ticker–0.4%$24.2m46.41m0.0%held
ROG ROGERS CORPTechnology0.4%$23.1m85,000+40%added
FLOWUSD SPX FLOW INC–0.4%$22.4m260,000–new
PSTXUSD POSEIDA THERAPEUTICS INC–0.4%$22.3m4.97m0.0%held
FOE FERRO CORP–0.3%$18.0m829,000+118%added
DOUYU INTL HLDGS LTD no ticker–0.3%$17.3m8.32m+20%added
DOLE DOLE PLCConsumer Defensive0.3%$16.0m1.29m+252%added
DIN DINE BRANDS GLOBAL INCConsumer Cyclical0.3%$15.5m198,241+1056%added
HEALTHCARE TR AMER INC no ticker–0.3%$13.8m440,000+35%added
SPY SPDR S&P 500 ETF Trust–0.3%$13.6m30,150+20000%added
AAL AMERICAN AIRLINES GROUP INCIndustrials0.2%$13.0m9.35m0.0%held
GS GOLDMAN SACHS GROUP INCFinancial Services0.2%$12.0m36,464–new
PLTEUR PLANTRONICS INC NEW–0.2%$10.6m270,000–new
ASO ACADEMY SPORTS & OUTDOORS INConsumer Cyclical0.2%$10.2m260,022−3.7%reduced
MTOR MERITOR INC–0.2%$8.8m248,000–new
APTSUSD PREFERRED APT CMNTYS INC–0.2%$8.8m351,500–new
MGIEUR MONEYGRAM INTL INC–0.2%$8.6m818,200–new
MGP MGM GROWTH PPTYS LLC–0.1%$8.1m210,000+468%added

Exited since Q4 2021

74 rows
IHS MARKIT LTD no ticker19.5%$1.2bn
NUANEUR NUANCE COMMUNICATIONS INC15.1%$959m
XLNXEUR XILINX INC13.5%$858m
CONE1EUR CYRUSONE INC5.0%$316m
ATHENE HLDG LTD no ticker3.0%$190m
GSKYGBP GREENSKY INC0.6%$40.3m
MCFEUSD MCAFEE CORP0.3%$21.3m
VIPS VIPSHOP HOLDINGS LIMITED0.3%$16.6m
ARNAEUR ARENA PHARMACEUTICALS INC0.2%$12.1m
KRAUSD KRATON CORPORATION0.2%$11.5m
CAR AVIS BUDGET GROUP INC0.1%$9.0m
STATE AUTO FINL CORP no ticker0.1%$8.5m
XM1EUR QUALTRICS INTL INC0.1%$8.4m
SPWH SPORTSMANS WHSE HLDGS INC0.1%$8.1m
ISBCUSD INVESTORS BANCORP INC NEW0.1%$7.8m
TG7 TRIUMPH GROUP INC NEW0.1%$7.6m
ANG-PD AMERICAN NATIONAL GROUP INC0.1%$7.5m
MGLNUSD MAGELLAN HEALTH INC0.07%$4.7m
RAPT THERAPEUTICS INC no ticker0.07%$4.2m
PYCR PAYCOR HCM INC0.06%$4.0m
UAL UNITED AIRLINES HLDGS INC0.06%$4.0m
PROSHARES TR no ticker0.06%$3.6m
NEW FRONTIER HEALTH CORP no ticker0.06%$3.6m
PATH UIPATH INC0.06%$3.5m
ARVN ARVINAS INC0.05%$3.3m
JAMF JAMF HLDG CORP0.05%$3.2m
ACCDUSD ACCOLADE INC0.05%$3.2m
ABNB AIRBNB INC0.04%$2.2m
PPC PILGRIMS PRIDE CORP0.03%$2.2m
VRSUSD VERSO CORP0.03%$2.2m
ABCL ABCELLERA BIOLOGICS INC0.03%$2.0m
REFI CHICAGO ATLANTIC REAL ESTATE0.03%$1.9m
DIGITAL WORLD ACQUISITION CO no ticker0.03%$1.9m
TBCH TURTLE BEACH CORP0.03%$1.9m
ZIM ZIM INTEGRATED SHIPPING SERV0.03%$1.8m
AFRM AFFIRM HLDGS INC0.03%$1.8m
OYST OYSTER PT PHARMA INC0.03%$1.7m
PSN PARSONS CORPORATION0.03%$1.7m
SHC SOTERA HEALTH CO0.03%$1.6m
COIN COINBASE GLOBAL INC0.03%$1.6m
TASK TASKUS INC0.03%$1.6m
ALGT ALLEGIANT TRAVEL CO0.03%$1.6m
CXM SPRINKLR INC0.03%$1.6m
LIVEVOX HOLDING INC no ticker0.02%$1.5m
AVAH AVEANNA HEALTHCARE HLDGS INC0.02%$1.5m
CANADIAN PAC RY LTD no ticker0.02%$1.4m
DISCKUSD DISCOVERY INC0.02%$1.3m
OMF ONEMAIN HLDGS INC0.02%$1.3m
ULCC FRONTIER GROUP HLDGS INC0.02%$1.2m
ENACT HLDGS INC no ticker0.02%$1.0m

Sector mix

  • Unclassified79.4%
  • Industrials5.8%
  • Technology4.9%
  • Consumer Cyclical2.8%
  • Communication Services2.1%
  • Real Estate2.0%
  • Financial Services1.5%
  • Utilities1.0%
  • Consumer Defensive0.3%
  • Healthcare0.2%
  • Energy0.07%

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