WhaleCreep

Pentwater Capital Management LP 13F holdings, Q3 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-14

Pentwater Capital Management LP disclosed 100 US equity positions worth $6.6bn in its Q3 2022 13F filing. Its largest position is TWTRUSD at 15.5% of the reported book, followed by TRQCAD and ATVIEUR. Versus Q2 2022 it opened 27 new positions, added to 30, reduced 26 and exited 42.

$6.6bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
100
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
15.5%
Largest position
The largest single position as a share of the reported equity book.
67.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
15
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 Q2 2022: 27 new, 30 added, 26 reduced, 42 exited

50 of 100
TWTRUSD TWITTER INC–15.5%$1.0bn23.40m+29%added
TRQCAD TURQUOISE HILL RES LTD–13.0%$855m28.92m+49%added
ATVIEUR ACTIVISION BLIZZARD INC–8.9%$591m7.95m−11%reduced
AVLRUSD AVALARA INC–6.6%$434m4.73m–new
CTXSEUR CITRIX SYS INC–6.4%$421m4.05m+1.4%added
ZEN1EUR ZENDESK INC–4.8%$319m4.19m+251%added
SWCHEUR SWITCH INC–3.7%$243m7.20m+10%added
GBTUSD GLOBAL BLOOD THERAPEUTICS IN–3.3%$218m3.20m–new
BIOHAVEN PHARMACTL HLDG CO L no ticker–2.7%$176m1.16m−19%reduced
TGNA TEGNA INC–2.6%$173m8.35m+0.2%held
SJR/BEUR SHAW COMMUNICATIONS INC–2.4%$158m6.49m–new
S76 STORE CAP CORP–1.9%$128m4.10m–new
TEN1 TENNECO INC–1.8%$118m6.76m+17%added
AAWWUSD ATLAS AIR WORLDWIDE HLDGS IN–1.7%$115m1.20m–new
CLRUSD CONTINENTAL RES INC–1.7%$111m1.66m+119%added
VMWEUR VMWARE INC–1.6%$106m1.00m+43%added
BA BOEING COIndustrials1.4%$94.4m780,000−7.2%reduced
CCXIEUR CHEMOCENTRYX INC–1.4%$93.0m1.80m–new
FHN FIRST HORIZON CORPORATIONFinancial Services1.4%$92.6m4.04m+4.5%added
PINGUSD PING IDENTITY HLDG CORP–1.2%$78.6m2.80m–new
VYX NCR VOYIX CORPORATIONTechnology1.1%$69.5m3.65m+99%added
CVETUSD COVETRUS INC–1.0%$65.0m3.12m+6.6%added
SWCHF SIERRA WIRELESS INC–1.0%$63.9m2.10m–new
MGIEUR MONEYGRAM INTL INC–0.9%$60.9m5.86m0.0%held
LHCGUSD LHC GROUP INC–0.9%$59.7m365,000+11%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical0.9%$59.2m740,000+196%added
HTZ HERTZ GLOBAL HLDGS INCIndustrials0.8%$51.2m3.15m+1.9%added
SMMCUSD BTRS HOLDINGS INC–0.8%$49.6m5.36m–new
FCX FREEPORT MCMORAN INCBasic Materials0.6%$36.9m1.35m+11150%added
ROG ROGERS CORPTechnology0.5%$34.3m142,000−32%reduced
FYBR FRONTIER COMMUNICATIONS PARE–0.4%$28.0m1.20m−3.2%reduced
NIELSEN HLDGS PLC no ticker–0.4%$27.7m1.00m−51%reduced
DIS DISNEY WALT COCommunication Services0.4%$27.3m289,000+13%added
TSEM TOWER SEMICONDUCTOR LTDTechnology0.4%$27.2m620,000+210%added
ESPERION THERAPEUTICS INC NE no ticker–0.4%$26.1m46.41m0.0%held
SGFYGBP SIGNIFY HEALTH INC–0.4%$24.8m851,127–new
IRONSOURCE LTD no ticker–0.4%$23.1m6.72m–new
RFPUSD RESOLUTE FST PRODS INC–0.3%$22.7m1.14m–new
1LIFE HEALTHCARE INC no ticker–0.3%$22.7m1.32m–new
ATLAS CORP no ticker–0.3%$21.2m1.52m–new
PSTXUSD POSEIDA THERAPEUTICS INC–0.3%$21.1m5.97m+20%added
SPB SPECTRUM BRANDS HLDGS INC NEConsumer Defensive0.3%$19.5m500,000+12400%added
DJT TRUMP MEDIA & TECHNOLOGY GROCommunication Services0.2%$16.3m968,575+59%added
DREUSD DUKE REALTY CORP–0.2%$14.5m300,000−40%reduced
DIN DINE BRANDS GLOBAL INCConsumer Cyclical0.2%$14.0m220,0000.0%held
YUSD ALLEGHANY CORP DEL–0.2%$13.4m16,0000.0%held
ISTAR INC no ticker–0.2%$11.1m1.20m+405%added
WBD WARNER BROS DISCOVERY INCCommunication Services0.2%$10.7m932,500−41%reduced
DOUYU INTL HLDGS LTD no ticker–0.1%$9.6m9.63m+20%added
AAL AMERICAN AIRLINES GROUP INCIndustrials0.1%$7.9m7.85m−16%reduced

Exited since Q2 2022

42 rows
CCMP CMC MATERIALS INC4.4%$257m
MNDT MANDIANT INC4.2%$244m
COHR COHERENT INC4.1%$240m
SAILEUR SAILPOINT TECHNOLOGIES HLDGS2.9%$169m
MFS1EUR WELBILT INC2.3%$135m
NCSUSD CORNERSTONE BLDG BRANDS INC2.3%$133m
VG1EUR VONAGE HLDGS CORP1.7%$98.7m
CDK CDK GLOBAL INC1.3%$79.1m
MANTUSD MANTECH INTL CORP1.3%$74.7m
ACCUSD AMERICAN CAMPUS CMNTYS INC1.1%$64.5m
TURNING POINT THERAPEUTICS I no ticker0.7%$42.5m
KSS KOHLS CORP0.6%$38.0m
NPTNEUR NEOPHOTONICS CORP0.6%$33.0m
QQQ INVESCO QQQ TR0.4%$22.4m
PSBUSD PS BUSINESS PKS INC CALIF0.3%$17.4m
PLTEUR PLANTRONICS INC NEW0.2%$10.5m
CHNGUSD CHANGE HEALTHCARE INC0.2%$10.1m
MTOR MERITOR INC0.2%$9.0m
ERIC TELEFONAKTIEBOLAGET LM ERICS0.1%$6.8m
SIERRA ONCOLOGY INC no ticker0.09%$5.5m
MOMENTIVE GLOBAL INC no ticker0.08%$4.9m
SLB SLB LIMITED0.08%$4.8m
XOP SPDR SERIES TRUST0.08%$4.8m
BLCO BAUSCH PLUS LOMB CORP0.08%$4.4m
PCG PG&E CORP0.07%$4.3m
DRI DARDEN RESTAURANTS INC0.06%$3.4m
ATOTECH LTD no ticker0.05%$3.1m
SIMO SILICON MOTION TECHNOLOGY CO0.05%$2.7m
WEN The Wendy's Co0.04%$2.5m
DBX DROPBOX INC0.03%$1.5m
DANAHER CORPORATION no ticker0.02%$1.3m
SF9 SANDERSON FARMS INC0.02%$1.3m
CDRE CADRE HLDGS INC0.02%$984k
ETNBGBP 89BIO INC0.01%$708k
FRG1USD FRANCHISE GROUP INC0.01%$701k
SICP SILVERGATE CAP CORP0.01%$535k
CCSI CONSENSUS CLOUD SOLUTIONS IN0.01%$437k
SIXEUR SIX FLAGS ENTMT CORP NEW0.01%$434k
RDNW RIDENOW GROUP INC0.01%$368k
GOOG ALPHABET INC0.0%$131k
GOOGL ALPHABET INC0.0%$109k
CCL CARNIVAL CORP0.0%$78.0k

Sector mix

  • Unclassified90.4%
  • Industrials2.4%
  • Technology2.2%
  • Financial Services1.5%
  • Consumer Cyclical1.4%
  • Communication Services0.9%
  • Basic Materials0.6%
  • Consumer Defensive0.3%
  • Healthcare0.1%
  • Real Estate0.1%
  • 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