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	-1,148,800	Closed	-$48.5M	–	125
2025 Q1	$48.5M	Sell	1,148,800 -565,100	-33%	-$21.4M	0.41%	38
2024 Q4	$58.3M	Buy	1,713,900 +1,613,900	+1,614%	+$59.6M	0.64%	27
2024 Q3	$3.53M	Buy	+100,000	New	+$3.81M	0.04%	63
2024 Q2	–	Sell	-35,000	Closed	-$1.43M	–	116
2024 Q1	$1.43M	Buy	+35,000	New	+$1.6M	0.01%	80

Other funds holding X

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

CAWM

Capital A Wealth Management New Castle, Pennsylvania $8.94M AUM

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.