PCM
X

Pentwater Capital Management’s US Steel X Stock Holding History

Pentwater Capital Management’s Portfolio X Stock Details X Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q2 		– Sell
-19,270,000
Closed -$814M – 126
2025
Q1 		$814M Buy
19,270,000
+750,000
+4% +$28.4M 6.84% 3
2024
Q4 		$629M Sell
18,520,000
-1,380,000
-7% -$50.9M 6.95% 3
2024
Q3 		$703M Sell
19,900,000
-310,000
-2% -$11.8M 7.24% 2
2024
Q2 		$764M Buy
20,210,000
+3,435,900
+20% +$131M 9.79% 2
2024
Q1 		$684M Buy
16,774,100
+6,354,100
+61% +$291M 7.01% 5
2023
Q4 		$507M Buy
10,420,000
+10,012,500
+2,457% +$364M 5.68% 5
2023
Q3 		$13.2M Buy
+407,500
New +$11.4M 0.07% 48

Other funds holding X

Osaic Holdings
Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return
IA
IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return
PNC Financial Services Group
PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return
CAWM
Capital A Wealth Management New Castle, Pennsylvania $8.94M AUM
SS
Sunbelt Securities Houston, Texas $1.58B AUM 28.96% 1-Year Est. Return
HNB
Huntington National Bank Columbus, Ohio $18.1B AUM 24.69% 1-Year Est. Return

Pentwater Capital Management's X Position: Q2 2025 in Review

Pentwater Capital Management sold out of US Steel (X) in Q2 2025, closing a stake of 19,270,000 shares — an estimated $814M sold.

Pentwater Capital Management first reported a position in X in Q3 2023 and held it in 7 quarters. The position peaked at $814M in Q1 2025. 6 funds tracked by Wall St. Rank hold X as of Q2 2025.

  • Pentwater Capital Management reported no remaining US Steel position as of Q2 2025 after selling out during the quarter.
  • Pentwater Capital Management sold 19,270,000 US Steel shares in Q2 2025, an estimated $814M.
  • Pentwater Capital Management first reported a position in US Steel in Q3 2023 and held it in 7 quarters.
  • Pentwater Capital Management's US Steel position peaked at $814M in Q1 2025.
  • 6 funds tracked by Wall St. Rank held US Steel as of Q2 2025.

Based on Pentwater Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.