Pentwater Capital Management 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 68 US equity positions worth $5.3bn in its Q4 2023 13F filing. The largest position was PIONEER NAT RES CO at 24.7% of the reported book, followed by SPLUNK INC and HES. Against the Q3 2023 filing, it opened 16 new positions, added to 16 and reduced 15 among the top 50 holdings.
What did Pentwater Capital Management own in Q4 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | PIONEER NAT RES CO | 24.7% | $1.3bn | 5,840,000 | – | new | |
| 2 | SPLUNK INC | 11.6% | $618.5m | 4,060,000 | 60% | added | |
| 3 | HES HESS CORP | 10.5% | $560.1m | 3,885,000 | – | new | |
| 4 | USX1 UNITED STATES STL CORP | 9.5% | $506.9m | 10,420,000 | 2457% | added | |
| 5 | KARUNA THERAPEUTICS INC | 6.3% | $337.5m | 1,066,200 | 3641% | added | |
| 6 | CPRI CAPRI HOLDINGS LIMITED | Consumer Cyclical | 3.8% | $201.0m | 4,000,000 | 292% | added |
| 7 | IMMUNOGEN INC | 3.2% | $167.9m | 5,662,500 | – | new | |
| 8 | BA BOEING CO | Industrials | 3.0% | $161.0m | 617,500 | -47% | reduced |
| 9 | WESTROCK CO | 1.9% | $101.9m | 2,455,000 | 43% | added | |
| 10 | 0C3 ENDEAVOR GROUP HLDGS INC | 1.9% | $100.1m | 4,220,000 | – | new | |
| 11 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 1.8% | $95.3m | 9,168,800 | 67% | added |
| 12 | ALTERYX INC | 1.8% | $94.3m | 2,000,000 | – | new | |
| 13 | KVUE KENVUE INC | Consumer Defensive | 1.7% | $91.1m | 4,229,950 | -31% | reduced |
| 14 | MANCHESTER UTD PLC | 1.6% | $87.6m | 4,300,000 | 42900% | added | |
| 15 | TECK TECK RESOURCES LTD | Basic Materials | 1.6% | $83.7m | 1,980,000 | -7% | reduced |
| 16 | SPY SPDR S&P 500 ETF TR | 1.6% | $82.9m | 174,420 | -59% | reduced | |
| 17 | AMED AMEDISYS INC | 1.4% | $74.1m | 780,000 | -32% | reduced | |
| 18 | OLINK HLDG AB | 1.2% | $65.8m | 2,617,769 | – | new | |
| 19 | MIRATI THERAPEUTICS INC | 1.0% | $53.0m | 902,632 | – | new | |
| 20 | TEXTAINER GROUP HOLDINGS LTD | 0.9% | $49.2m | 1,000,000 | – | new | |
| 21 | AKX ANSYS INC | 0.9% | $47.9m | 132,000 | – | new | |
| 22 | ICOSAVAX INC | 0.9% | $47.3m | 3,000,000 | – | new | |
| 23 | CEREVEL THERAPEUTICS HLDNG I | 0.9% | $46.6m | 1,100,000 | – | new | |
| 24 | FCX FREEPORT-MCMORAN INC | Basic Materials | 0.8% | $43.1m | 1,013,000 | -18% | reduced |
| 25 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.7% | $38.8m | 500,000 | -4% | reduced |
| 26 | LIBERTY MEDIA CORP DEL | 0.7% | $36.2m | 1,260,000 | 3260% | added | |
| 27 | IE IVANHOE ELECTRIC INC | 0.5% | $24.8m | 2,462,461 | 41% | added | |
| 28 | NATL NCR ATLEOS CORPORATION | Technology | 0.4% | $21.6m | 889,000 | – | new |
| 29 | LIBERTY MEDIA CORP DEL | 0.4% | $20.7m | 720,000 | 239% | added | |
| 30 | POSEIDA THERAPEUTICS INC | 0.4% | $20.1m | 5,975,000 | 0% | held | |
| 31 | ESPERION THERAPEUTICS INC NE | 0.4% | $19.9m | 34,111,000 | -27% | reduced | |
| 32 | ACI ALBERTSONS COS INC | Consumer Defensive | 0.3% | $15.5m | 673,300 | 648% | added |
| 33 | GRACELL BIOTECHNOLOGIES INC | 0.3% | $14.7m | 1,461,000 | – | new | |
| 34 | SOVOS BRANDS INC | 0.1% | $6.6m | 300,000 | 2900% | added | |
| 35 | TELA TELA BIO INC | 0.1% | $6.6m | 990,000 | 7% | added | |
| 36 | CI THE CIGNA GROUP | Healthcare | 0.1% | $6.0m | 20,000 | – | new |
| 37 | IHS IHS HOLDING LIMITED | Real Estate | 0.1% | $5.3m | 1,148,219 | 40% | added |
| 38 | QQQ INVESCO QQQ TR | 0.1% | $5.1m | 12,500 | -69% | reduced | |
| 39 | RAYZEBIO INC | 0.1% | $5.0m | 80,000 | – | new | |
| 40 | DOUYU INTL HLDGS LTD | 0.1% | $4.5m | 4,780,000 | -31% | reduced | |
| 41 | DIS DISNEY WALT CO | Communication Services | 0.1% | $4.5m | 50,000 | -46% | reduced |
| 42 | I8R IROBOT CORP | 0.1% | $4.1m | 105,000 | -45% | reduced | |
| 43 | VICI VICI PPTYS INC | Real Estate | 0.1% | $3.5m | 110,000 | -12% | reduced |
| 44 | MIR MIRION TECHNOLOGIES INC | Industrials | 0.1% | $3.4m | 335,000 | -42% | reduced |
| 45 | NEOGAMES S A | 0.1% | $2.9m | 100,000 | 245% | added | |
| 46 | WMB WILLIAMS COS INC | Energy | 0.0% | $2.4m | 70,000 | 0% | held |
| 47 | ODD ODDITY TECH LTD | Consumer Defensive | 0.0% | $2.3m | 50,000 | 0% | held |
| 48 | SP PLUS CORP | 0.0% | $2.0m | 40,000 | – | new | |
| 49 | SYF SYNCHRONY FINANCIAL | Financial Services | 0.0% | $2.0m | 52,500 | -5% | reduced |
| 50 | STRO SUTRO BIOPHARMA INC | Healthcare | 0.0% | $1.9m | 450,000 | 5% | added |
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.