Pentwater Capital Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 57 US equity positions worth $6.1bn in its Q1 2024 13F filing. The largest position was PIONEER NAT RES CO at 31.1% of the reported book, followed by HES and USX1. Against the Q4 2023 filing, it opened 22 new positions, added to 12 and reduced 12 among the top 50 holdings.
What did Pentwater Capital Management own in Q1 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | PIONEER NAT RES CO | 31.1% | $1.9bn | 7,220,000 | 24% | added | |
| 2 | HES HESS CORP | 11.4% | $693.0m | 4,540,000 | 17% | added | |
| 3 | USX1 UNITED STATES STL CORP NEW | 11.2% | $684.0m | 16,774,100 | 61% | added | |
| 4 | BA BOEING CO | Industrials | 6.7% | $405.6m | 2,101,824 | 240% | added |
| 5 | JNP JUNIPER NETWORKS INC | 6.4% | $387.2m | 10,448,400 | – | new | |
| 6 | AKX ANSYS INC | 4.7% | $289.1m | 832,893 | 531% | added | |
| 7 | SPY SPDR S&P 500 ETF TR | 3.7% | $226.2m | 432,379 | 148% | added | |
| 8 | TRICON RESIDENTIAL INC | 3.7% | $223.0m | 20,000,000 | – | new | |
| 9 | DISCOVER FINL SVCS | 3.3% | $203.2m | 1,550,000 | – | new | |
| 10 | CPRI CAPRI HOLDINGS LIMITED | Consumer Cyclical | 2.3% | $143.1m | 3,160,000 | -21% | reduced |
| 11 | WESTROCK CO | 2.0% | $121.4m | 2,455,000 | 0% | held | |
| 12 | CEREVEL THERAPEUTICS HLDNG I | 1.5% | $93.8m | 2,220,000 | 102% | added | |
| 13 | FUSION PHARMACEUTICALS INC | 1.3% | $80.6m | 3,781,778 | – | new | |
| 14 | CYTK CYTOKINETICS INC | Healthcare | 1.2% | $75.7m | 1,080,000 | – | new |
| 15 | SP PLUS CORP | 1.1% | $68.3m | 1,307,200 | 3168% | added | |
| 16 | 0C3 ENDEAVOR GROUP HLDGS INC | 1.0% | $61.0m | 2,370,000 | -44% | reduced | |
| 17 | AMED AMEDISYS INC | 1.0% | $59.0m | 640,000 | -18% | reduced | |
| 18 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 0.9% | $54.3m | 6,940,000 | -24% | reduced |
| 19 | LIBERTY MEDIA CORP DEL | 0.6% | $37.1m | 1,250,000 | -1% | reduced | |
| 20 | IE IVANHOE ELECTRIC INC | 0.5% | $28.9m | 2,950,000 | 20% | added | |
| 21 | ENERPLUS CORP | 0.4% | $25.5m | 1,295,000 | – | new | |
| 22 | NATL NCR ATLEOS CORPORATION | Technology | 0.4% | $22.8m | 1,155,000 | 30% | added |
| 23 | ESPERION THERAPEUTICS INC NE | 0.4% | $22.2m | 26,861,000 | -21% | reduced | |
| 24 | LIBERTY MEDIA CORP DEL | 0.4% | $21.7m | 730,000 | 1% | added | |
| 25 | POSEIDA THERAPEUTICS INC | 0.3% | $19.1m | 5,975,000 | 0% | held | |
| 26 | EQUITRANS MIDSTREAM CORP | 0.3% | $17.5m | 1,400,000 | – | new | |
| 27 | CCK CROWN HLDGS INC | Consumer Cyclical | 0.3% | $17.3m | 218,000 | – | new |
| 28 | OLINK HLDG AB | 0.2% | $15.0m | 640,000 | -76% | reduced | |
| 29 | ACI ALBERTSONS COS INC | Consumer Defensive | 0.2% | $14.6m | 680,000 | 1% | added |
| 30 | TRUMP MEDIA & TECHNOLOGY GRO | 0.2% | $12.7m | 465,000 | – | new | |
| 31 | TECK TECK RESOURCES LTD | Basic Materials | 0.2% | $11.9m | 260,000 | -87% | reduced |
| 32 | AXNX* AXONICS INC | 0.2% | $10.4m | 150,400 | – | new | |
| 33 | CAR AVIS BUDGET GROUP | Industrials | 0.1% | $8.3m | 68,000 | – | new |
| 34 | AVGO BROADCOM INC | Technology | 0.1% | $6.6m | 5,000 | – | new |
| 35 | VIZIO HLDG CORP | 0.1% | $5.3m | 487,500 | – | new | |
| 36 | NUVEI CORPORATION | 0.1% | $4.7m | 150,000 | – | new | |
| 37 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.1% | $4.3m | 60,000 | -88% | reduced |
| 38 | DOUYU INTL HLDGS LTD | 0.1% | $3.1m | 469,995 | – | new | |
| 39 | NEOGAMES S A | 0.0% | $2.9m | 100,000 | 0% | held | |
| 40 | GEHC GE HEALTHCARE TECHNOLOGIES I | Healthcare | 0.0% | $2.7m | 30,000 | – | new |
| 41 | QQQ INVESCO QQQ TR | 0.0% | $2.2m | 5,000 | -60% | reduced | |
| 42 | TRUMP MEDIA & TECHNOLOGY GRO | 0.0% | $1.8m | 29,794 | – | new | |
| 43 | TELA TELA BIO INC | 0.0% | $1.8m | 308,642 | -69% | reduced | |
| 44 | ODD ODDITY TECH LTD | Consumer Defensive | 0.0% | $1.6m | 37,500 | -25% | reduced |
| 45 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.0% | $1.3m | 7,000 | – | new |
| 46 | VYX NCR VOYIX CORPORATION | Technology | 0.0% | $1.3m | 100,000 | – | new |
| 47 | DISH NETWORK CORPORATION | 0.0% | $1.3m | 2,000,000 | – | new | |
| 48 | MDGL MADRIGAL PHARMACEUTICALS INC | Healthcare | 0.0% | $1.1m | 4,000 | – | new |
| 49 | IMCR IMMUNOCORE HLDGS PLC | Healthcare | 0.0% | $975.0k | 15,000 | – | new |
| 50 | NCL CORP LTD | 0.0% | $948.3k | 1,000,000 | 0% | held |
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.