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
-8,668,800
Closed -$366M – 127
2025
Q1 		$366M Sell
8,668,800
-2,086,700
-19% -$79M 3.08% 10
2024
Q4 		$366M Sell
10,755,500
-1,801,800
-14% -$66.5M 4.04% 11
2024
Q3 		$444M Sell
12,557,300
-984,600
-7% -$37.5M 4.57% 4
2024
Q2 		$512M Sell
13,541,900
-4,660,000
-26% -$178M 6.56% 4
2024
Q1 		$742M Buy
18,201,900
+11,662,600
+178% +$534M 7.6% 3
2023
Q4 		$318M Buy
6,539,300
+6,099,300
+1,386% +$222M 3.57% 9
2023
Q3 		$14.3M Buy
+440,000
New +$12.3M 0.08% 46

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.