WhaleCreep

Pentwater Capital Management LP 13F holdings, Q4 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-12-31, filed 2023-02-14

Pentwater Capital Management LP disclosed 80 US equity positions worth $3.2bn in its Q4 2022 13F filing. Its largest position is ATVIEUR at 20.3% of the reported book, followed by HORIZON THERAPEUTICS PUB L and SJR/BEUR. Versus Q3 2022 it opened 22 new positions, added to 23, reduced 22 and exited 42.

$3.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
80
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
20.3%
Largest position
The largest single position as a share of the reported equity book.
68.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
13
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 Q3 2022: 22 new, 23 added, 22 reduced, 42 exited

50 of 80
ATVIEUR ACTIVISION BLIZZARD INC–20.3%$647m8.45m+6.4%added
HORIZON THERAPEUTICS PUB L no ticker–12.6%$403m3.54m–new
SJR/BEUR SHAW COMMUNICATIONS INC–7.3%$234m8.13m+25%added
S76 STORE CAP CORP–6.5%$208m6.49m+58%added
SPY SPDR S&P 500 ETF Trust–4.9%$156m407,750+271733%added
VMWEUR VMWARE INC–4.4%$141m1.15m+15%added
AAWWUSD ATLAS AIR WORLDWIDE HLDGS IN–3.8%$122m1.21m+0.8%added
FHN FIRST HORIZON CORPORATIONFinancial Services3.2%$102m4.15m+2.6%added
BA BOEING COIndustrials3.0%$95.8m503,000−36%reduced
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical2.4%$77.5m880,000+19%added
MGIEUR MONEYGRAM INTL INC–2.0%$63.8m5.86m0.0%held
SWCHF SIERRA WIRELESS INC–2.0%$63.5m2.19m+4.3%added
SGFYGBP SIGNIFY HEALTH INC–1.8%$58.5m2.04m+140%added
MAXRUSD MAXAR TECHNOLOGIES INC–1.8%$57.3m1.11m–new
VYX NCR VOYIX CORPORATIONTechnology1.8%$56.2m2.40m−34%reduced
TGNA TEGNA INC–1.7%$53.0m2.50m−70%reduced
DENUSD DENBURY INC–1.6%$51.8m595,000–new
KNOWBE4 INC no ticker–1.5%$48.2m1.95m+7681%added
TSEM TOWER SEMICONDUCTOR LTDTechnology1.4%$46.2m1.07m+73%added
HTZ HERTZ GLOBAL HLDGS INCIndustrials1.4%$43.3m2.81m−11%reduced
LHCGUSD LHC GROUP INC–1.3%$42.0m260,000−29%reduced
1LIFE HEALTHCARE INC no ticker–1.3%$40.8m2.44m+85%added
AIMCUSD ALTRA INDL MOTION CORP–1.3%$40.3m675,000–new
FCX FREEPORT MCMORAN INCBasic Materials1.1%$35.0m920,000−32%reduced
SPB SPECTRUM BRANDS HLDGS INC NEConsumer Defensive1.1%$34.8m570,634+14%added
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–1.1%$33.6m600,000–new
PSTXUSD POSEIDA THERAPEUTICS INC–1.0%$31.7m5.97m0.0%held
ATLAS CORP no ticker–0.9%$28.8m1.88m+23%added
ESPERION THERAPEUTICS INC NE no ticker–0.8%$25.3m46.41m0.0%held
DOUYU INTL HLDGS LTD no ticker–0.5%$14.4m10.31m+7.1%added
DIS DISNEY WALT COCommunication Services0.4%$12.3m141,000−51%reduced
COUPEUR COUPA SOFTWARE INC–0.3%$9.9m125,000–new
0HJQ AVEO PHARMACEUTICALS INC–0.3%$8.2m551,478–new
COWNEUR COWEN INC–0.2%$7.8m201,6890.0%held
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical0.2%$7.7m155,200−25%reduced
TELA TELA BIO INC–0.2%$6.5m567,039−1.5%reduced
MRVL MARVELL TECHNOLOGY INCTechnology0.2%$5.4m145,000+159%added
UNVREUR UNIVAR SOLUTIONS INC–0.2%$5.2m165,000–new
IHS IHS HOLDING LIMITEDReal Estate0.2%$5.2m850,000+3.3%added
IE IVANHOE ELECTRIC INCBasic Materials0.2%$5.1m416,6660.0%held
AMD ADVANCED MICRO DEVICES INCTechnology0.1%$4.6m71,5000.0%held
ISTAR INC no ticker–0.1%$4.5m595,000−50%reduced
JPM JPMORGAN CHASE & COFinancial Services0.1%$3.4m25,500+13%added
CLARIVATE PLC no ticker–0.1%$3.4m90,0000.0%held
RXRX RECURSION PHARMACEUTICALS INHealthcare0.10%$3.1m400,000+33%added
VICI VICI PPTYS INCReal Estate0.10%$3.1m95,000−17%reduced
MIR MIRION TECHNOLOGIES INCIndustrials0.09%$2.9m445,000−19%reduced
ACI ALBERTSONS COMPANIES INCConsumer Defensive0.08%$2.7m130,000–new
CRBG COREBRIDGE FINL INCFinancial Services0.08%$2.5m125,000+56%added
DJT TRUMP MEDIA & TECHNOLOGY GROCommunication Services0.08%$2.4m161,191−83%reduced

Exited since Q3 2022

42 rows
TWTRUSD TWITTER INC15.5%$1.0bn
TRQCAD TURQUOISE HILL RES LTD13.0%$855m
AVLRUSD AVALARA INC6.6%$434m
CTXSEUR CITRIX SYS INC6.4%$421m
ZEN1EUR ZENDESK INC4.8%$319m
SWCHEUR SWITCH INC3.7%$243m
GBTUSD GLOBAL BLOOD THERAPEUTICS IN3.3%$218m
BIOHAVEN PHARMACTL HLDG CO L no ticker2.7%$176m
TEN1 TENNECO INC1.8%$118m
CLRUSD CONTINENTAL RES INC1.7%$111m
CCXIEUR CHEMOCENTRYX INC1.4%$93.0m
PINGUSD PING IDENTITY HLDG CORP1.2%$78.6m
CVETUSD COVETRUS INC1.0%$65.0m
SMMCUSD BTRS HOLDINGS INC0.8%$49.6m
NIELSEN HLDGS PLC no ticker0.4%$27.7m
IRONSOURCE LTD no ticker0.4%$23.1m
RFPUSD RESOLUTE FST PRODS INC0.3%$22.7m
DREUSD DUKE REALTY CORP0.2%$14.5m
DIN DINE BRANDS GLOBAL INC0.2%$14.0m
YUSD ALLEGHANY CORP DEL0.2%$13.4m
AAL AMERICAN AIRLINES GROUP INC0.1%$7.9m
WARBURG PINCUS CAPTAL CORP no ticker0.08%$5.0m
WARBURG PINCUS CAPTAL CORP no ticker0.08%$5.0m
MGM MGM RESORTS INTERNATIONAL0.07%$4.6m
NCLH NORWEGIAN CRUISE LINE HLDGS0.06%$4.0m
DOLE DOLE PLC0.04%$2.6m
BENTLEY SYS INC no ticker0.03%$2.1m
CZR CAESARS ENTERTAINMENT INC NE0.03%$1.9m
AVTR AVANTOR INC0.03%$1.9m
GTM ZOOMINFO TECHNOLOGIES INC0.03%$1.9m
INFA1EUR INFORMATICA INC0.02%$1.4m
NEOG NEOGEN CORP0.02%$1.2m
DXC DXC TECHNOLOGY CO0.01%$979k
FOUR SHIFT4 PMTS INC0.01%$892k
GFI GOLD FIELDS LTD0.01%$769k
CLVT CLARIVATE PLC0.01%$610k
SAVEEUR SPIRIT AIRLS INC0.01%$565k
BORR BORR DRILLING LTD0.01%$415k
BENTLEY SYS INC no ticker0.01%$382k
LXU LSB INDS INC0.0%$285k
GDYN GRID DYNAMICS HLDGS INC0.0%$187k
SIYATA MOBILE INC no ticker0.0%$68.0k

Sector mix

  • Unclassified82.3%
  • Industrials4.5%
  • Technology3.6%
  • Financial Services3.5%
  • Consumer Cyclical2.7%
  • Basic Materials1.3%
  • Consumer Defensive1.2%
  • Communication Services0.5%
  • Real Estate0.3%
  • 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