Pentwater Capital Management 13F holdings, Q1 2026
Holdings as of March 31, 2026 · filings on SEC EDGAR · latest filing →
Pentwater Capital Management disclosed 60 US equity positions worth $14.1bn in its Q1 2026 13F filing. The largest position was EA at 18.6% of the reported book, followed by BA and WBD. Against the Q4 2025 filing, it opened 25 new positions, added to 20 and reduced 2 among the top 50 holdings.
What did Pentwater Capital Management own in Q1 2026? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2025 |
|---|---|---|---|---|---|---|---|
| 1 | EA ELECTRONIC ARTS INC | Communication Services | 18.6% | $2.6bn | 12,807,500 | 17% | added |
| 2 | BA BOEING CO | Industrials | 10.0% | $1.4bn | 7,069,500 | 7% | added |
| 3 | WBD WARNER BROS DISCOVERY INC | Communication Services | 9.8% | $1.4bn | 50,245,000 | 9% | added |
| 4 | CAR AVIS BUDGET GROUP INC | Industrials | 7.3% | $1.0bn | 7,048,300 | 127% | added |
| 5 | NSC NORFOLK SOUTHN CORP | Industrials | 6.6% | $924.1m | 3,220,000 | 7% | added |
| 6 | KVUE KENVUE INC | Consumer Defensive | 6.4% | $896.5m | 52,000,000 | -8% | reduced |
| 7 | MASI* MASIMO CORP | 4.0% | $564.9m | 3,176,000 | – | new | |
| 8 | SPY STATE STR SPDR S&P 500 ETF T | 2.7% | $377.2m | 580,000 | 5700% | added | |
| 9 | CORZ CORE SCIENTIFIC INC NEW | Technology | 2.6% | $371.8m | 24,852,000 | -3% | reduced |
| 10 | TECK TECK RESOURCES LTD | Basic Materials | 2.6% | $360.2m | 6,960,000 | 7% | added |
| 11 | HO1 HOLOGIC INC | 2.4% | $340.2m | 4,500,224 | 6% | added | |
| 12 | ARCELLX INC | 2.3% | $329.5m | 2,870,000 | – | new | |
| 13 | CNTA CENTESSA PHARMACEUTICALS PLC | 2.3% | $324.5m | 8,170,000 | – | new | |
| 14 | NFLX NETFLIX INC. | Communication Services | 2.1% | $296.9m | 3,088,000 | 865% | added |
| 15 | ECHO ECHOSTAR CORP | Communication Services | 2.0% | $276.3m | 2,360,000 | 232% | added |
| 16 | CWAN CLEARWATER ANALYTICS HLDGS I | Technology | 1.9% | $269.3m | 11,385,000 | 338% | added |
| 17 | APELLIS PHARMACEUTICALS INC | 1.5% | $211.2m | 5,250,000 | – | new | |
| 18 | AM6 AMICUS THERAPEUTIC | 1.4% | $202.4m | 14,000,000 | 22% | added | |
| 19 | DBRG DIGITALBRIDGE GROUP INC | Financial Services | 1.3% | $181.2m | 11,750,000 | 2% | added |
| 20 | TXNM TXNM ENERGY INC | Utilities | 1.2% | $163.7m | 2,800,000 | 70% | added |
| 21 | GEO GEO GROUP INC | Industrials | 1.1% | $160.8m | 9,565,000 | 64% | added |
| 22 | CCL CARNIVAL CORP | Consumer Cyclical | 1.1% | $156.8m | 6,060,000 | 39% | added |
| 23 | AIR LEASE CORP | 1.1% | $155.6m | 2,396,825 | 7% | added | |
| 24 | SGRY SURGERY PARTNERS INC | Healthcare | 1.1% | $150.8m | 12,655,000 | 27% | added |
| 25 | UNH UNITEDHEALTH GROUP INC | Healthcare | 1.0% | $138.5m | 512,000 | 30% | added |
| 26 | WED WEBSTER FINL CORP | 0.9% | $129.5m | 1,866,090 | – | new | |
| 27 | 8L8C LIBERTY BROADBAND CORP | 0.9% | $125.4m | 2,493,644 | 0% | held | |
| 28 | SLAB SILICON LABORATORIES INC | Technology | 0.7% | $104.1m | 500,000 | – | new |
| 29 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 0.5% | $70.0m | 2,650,000 | – | new |
| 30 | UAL UNITED AIRLS HLDGS INC | Industrials | 0.3% | $46.0m | 500,000 | – | new |
| 31 | ONESTREAM INC | 0.3% | $45.4m | 1,890,000 | – | new | |
| 32 | PSKY PARAMOUNT SKYDANCE CORP | Communication Services | 0.3% | $37.0m | 4,100,000 | 19% | added |
| 33 | HCA HCA HEALTHCARE INC | Healthcare | 0.3% | $35.5m | 75,000 | – | new |
| 34 | QQQ INVESCO QQQ TR | 0.2% | $34.6m | 60,000 | – | new | |
| 35 | PNFP PINNACLE FINL PARTNERS INC | Financial Services | 0.2% | $25.8m | 300,000 | – | new |
| 36 | THC TENET HEALTHCARE CORP | Healthcare | 0.2% | $23.6m | 125,000 | – | new |
| 37 | ORCL ORACLE CORP | Technology | 0.2% | $22.8m | 155,000 | – | new |
| 38 | DAWNGBX DAY ONE BIOPHARMACEUTICALS I | 0.1% | $17.2m | 800,000 | – | new | |
| 39 | GPCR STRUCTURE THERAPEUTICS INC | Healthcare | 0.1% | $11.8m | 245,000 | – | new |
| 40 | AMC AMC ENTMT HLDGS INC | Communication Services | 0.1% | $9.2m | 9,370,686 | – | new |
| 41 | LIBERTY BROADBAND CORP | 0.1% | $8.5m | 170,000 | 0% | held | |
| 42 | RNA ATRIUM THERAPEUTICS INC | 0.1% | $8.1m | 602,649 | – | new | |
| 43 | KWEB KRANESHARES TRUST | 0.1% | $7.1m | 250,000 | – | new | |
| 44 | AES AES CORP | Utilities | 0.1% | $7.0m | 500,000 | – | new |
| 45 | FPS FORGENT POWER SOLUTIONS INC | Industrials | 0.0% | $4.7m | 160,000 | – | new |
| 46 | UPS UNITED PARCEL SVCS INC | Industrials | 0.0% | $4.4m | 45,000 | – | new |
| 47 | DCH DAUCH CORP | Consumer Cyclical | 0.0% | $3.1m | 519,790 | – | new |
| 48 | MDLN MEDLINE INC | Healthcare | 0.0% | $2.2m | 50,000 | – | new |
| 49 | CANTALOUPE INC | 0.0% | $2.2m | 200,000 | – | new | |
| 50 | PURETECH HEALTH PLC | 0.0% | $1.0m | 70,000 | 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.