WhaleCreep

Pentwater Capital Management LP 13F holdings, Q2 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-06-30, filed 2024-07-31

Pentwater Capital Management LP disclosed 53 US equity positions worth $4.6bn in its Q2 2024 13F filing. Its largest position is USX1 at 16.5% of the reported book, followed by HES and BA. Versus Q1 2024 it opened 18 new positions, added to 16, reduced 15 and exited 22.

$4.6bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
53
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
16.5%
Largest position
The largest single position as a share of the reported equity book.
79.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
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 Q1 2024: 18 new, 16 added, 15 reduced, 22 exited

50 of 53
USX1 UNITED STATES STL CORP NEW–16.5%$764m20.21m+20%added
HES HESS CORP–14.0%$646m4.38m−3.5%reduced
BA BOEING COIndustrials9.9%$458m2.52m+20%added
0C3 ENDEAVOR GROUP HLDGS INC–7.7%$357m13.20m+457%added
JNP JUNIPER NETWORKS INC–7.0%$324m8.88m−15%reduced
S9Q SPIRIT AEROSYSTEMS HLDGS INC–6.4%$296m9.02m–new
HUBS HUBSPOT INCTechnology6.0%$277m470,000–new
SPY SPDR S&P 500 ETF Trust–5.4%$249m458,400+6.0%added
WRKUSD WESTROCK CO–3.3%$151m3.01m+23%added
AKX ANSYS INC–2.9%$135m420,000−50%reduced
HCP2EUR HASHICORP INC–2.0%$91.7m2.72m–new
SRCLEUR STERICYCLE INC–1.8%$83.0m1.43m–new
CERE1EUR CEREVEL THERAPEUTICS HLDNG I–1.7%$76.8m1.88m−15%reduced
CCK CROWN HLDGS INCConsumer Cyclical1.6%$74.4m1.00m+359%added
VZIOEUR VIZIO HLDG CORP–1.6%$73.4m6.80m+1295%added
AMED AMEDISYS INC–1.6%$71.7m781,259+22%added
CPRI CAPRI HOLDINGS LIMITEDConsumer Cyclical1.4%$65.5m1.98m−37%reduced
NVEIUSD NUVEI CORPORATION–1.4%$64.8m2.00m+1233%added
CYTK CYTOKINETICS INCHealthcare1.3%$60.6m1.12m+3.6%added
COF CAPITAL ONE FINL CORPFinancial Services0.7%$33.9m245,000–new
MRO* MARATHON OIL CORP–0.7%$30.1m1.05m–new
LIBERTY MEDIA CORP DEL no ticker–0.6%$27.7m1.25m0.0%held
IE IVANHOE ELECTRIC INCBasic Materials0.6%$26.0m2.77m−6.1%reduced
POWERSCHOOL HOLDINGS INC no ticker–0.5%$22.5m1.01m–new
PRFTUSD PERFICIENT INC–0.5%$22.4m300,000–new
ETRNUSD EQUITRANS MIDSTREAM CORP–0.4%$18.4m1.42m+1.4%added
CAR AVIS BUDGET GROUP INCIndustrials0.4%$17.8m170,000+150%added
PSTXUSD POSEIDA THERAPEUTICS INC–0.4%$17.4m5.97m0.0%held
LIBERTY MEDIA CORP DEL no ticker–0.4%$17.4m785,000+7.5%added
ESPERION THERAPEUTICS INC NE no ticker–0.2%$9.3m10.86m−60%reduced
HTZ HERTZ GLOBAL HLDGS INCIndustrials0.2%$7.6m2.15m−69%reduced
NATL NCR ATLEOS CORPORATIONTechnology0.1%$6.8m250,000−78%reduced
AXNX* AXONICS INC–0.1%$6.7m100,000−34%reduced
TECK TECK RESOURCES LTDBasic Materials0.1%$6.7m140,000−46%reduced
DOYU DOUYU INTL HLDGS LTD–0.09%$4.2m382,666−19%reduced
DJT TRUMP MEDIA & TECHNOLOGY GROCommunication Services0.09%$4.1m126,000+323%added
EVBGEUR EVERBRIDGE INC–0.08%$3.5m101,390–new
LYV LIVE NATION ENTERTAINMENT INCommunication Services0.07%$3.3m35,000–new
CCL CARNIVAL CORPConsumer Cyclical0.06%$2.6m140,000–new
RCM1USD R1 RCM INC–0.05%$2.5m200,000–new
NWLIEUR NATIONAL WESTN LIFE GROUP IN–0.05%$2.5m5,000–new
ACI ALBERTSONS COMPANIES INCConsumer Defensive0.04%$2.0m100,000−85%reduced
TELA TELA BIO INC–0.04%$1.9m400,000+30%added
AVGO BROADCOM INCTechnology0.03%$1.6m1,000−80%reduced
AMD ADVANCED MICRO DEVICES INCTechnology0.03%$1.5m9,000+29%added
NCL CORP LTD no ticker–0.02%$925k1.00m0.0%held
RBRK RUBRIK INC.Technology0.02%$920k30,000–new
NVDA NVIDIA CORPORATIONTechnology0.01%$618k5,000–new
IMCR IMMUNOCORE HLDGS PLCHealthcare0.01%$508k15,0000.0%held
PURETECH HEALTH PLC no ticker–0.01%$405k16,193−4.7%reduced

Exited since Q1 2024

22 rows
PXDEUR PIONEER NAT RES CO31.1%$1.9bn
TCN1EUR TRICON RESIDENTIAL INC3.7%$223m
DFSEUR DISCOVER FINL SVCS3.3%$203m
FUSION PHARMACEUTICALS INC no ticker1.3%$80.6m
SPUSD SP PLUS CORP1.1%$68.3m
ERFGBP ENERPLUS CORP0.4%$25.5m
OLINK HLDG AB no ticker0.2%$15.0m
TRUMP MEDIA & TECHNOLOGY GRO no ticker0.2%$12.7m
BABA ALIBABA GROUP HLDG LTD0.07%$4.3m
NEOGAMES S A no ticker0.05%$2.9m
GEHC GE HEALTHCARE TECHNOLOGIES I0.04%$2.7m
QQQ INVESCO QQQ TR0.04%$2.2m
ODD ODDITY TECH LTD0.03%$1.6m
VYX NCR VOYIX CORPORATION0.02%$1.3m
DISH NETWORK CORPORATION no ticker0.02%$1.3m
MDGL MADRIGAL PHARMACEUTICALS INC0.02%$1.1m
PNW PINNACLE WEST CAP CORP0.01%$747k
EXE EXPAND ENERGY CORPORATION0.01%$562k
RNLXUSD RENALYTIX PLC0.01%$542k
BWMN BOWMAN CONSULTING GROUP LTD0.01%$348k
MBLY MOBILEYE GLOBAL INC0.0%$129k
I8R IROBOT CORP0.0%$74.4k

Sector mix

  • Unclassified77.3%
  • Industrials10.5%
  • Technology6.2%
  • Consumer Cyclical3.1%
  • Healthcare1.3%
  • Financial Services0.7%
  • Basic Materials0.7%
  • Communication Services0.2%
  • Consumer Defensive0.04%

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