We are live on
!
Find out more
PCM
Pentwater Capital Management Portfolio holdings
AUM
$19.3B
1-Year Est. Return
58.13%
This Fund
S&P 500
This Quarter
Est. Return
+15.32%
1 Year Est. Return
+58.13%
3 Year Est. Return
+179.76%
5 Year Est. Return
+629.27%
10 Year Est. Return
+5,046.05%
AUM
$9.31B
AUM Growth
+$1.38B
(+17%)
Cap. Flow
+$1.01B
Cap. Flow
% of AUM
10.84%
Top 10 Holdings %
Top 10 Hldgs %
57.26%
Holding
226
New
90
Increased
25
Reduced
49
Closed
45
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$589M |
| 2 |
AGN
Allergan plc
AGN
|
+$492M |
| 3 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$231M |
| 4 |
CY
Cypress Semiconductor
CY
|
+$185M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$124M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$383M |
| 2 |
Walt Disney
DIS
|
+$196M |
| 3 |
WCG
Wellcare Health Plans, Inc.
WCG
|
+$186M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$132M |
| 5 |
IDTI
Integrated Device Technology I
IDTI
|
+$129M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.64% |
| 2 | Technology | 8.71% |
| 3 | Communication Services | 5.59% |
| 4 | Industrials | 3.72% |
| 5 | Materials | 2.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
State Street SPDR S&P 500 ETF Trust
SPY
$805B
| $83.5M | 0.9% |
285,000
+184,000
| +182% | +$53M |
|
|
ONCE
27
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $79.9M | 0.86% |
+780,000
| New | +$84.2M |
|
|
ADSW
28
DELISTED
Advanced Disposal Services Inc
ADSW
| $79.3M | 0.85% |
+2,485,626
| New | +$78.2M |
|
|
RHT
29
PUT
DELISTED
Red Hat Inc
RHT
| $78.9M | 0.85% |
420,000
| – | – |
|
|
FDC
30
DELISTED
First Data Corporation
FDC
| $75.8M | 0.81% |
2,800,000
+1,500,000
| +115% | +$39M |
|
31
VICI Properties
VICI
$28.9B
| $75.5M | 0.81% |
3,425,000
-75,000
| -2% | -$1.68M |
|
32
CALL
Bristol-Myers Squibb
BMY
$132B
| $74.4M | 0.8% |
1,640,000
-4,624,000
| -74% | -$215M |
|
33
CALL
Synchrony
SYF
$25.3B
| $71.9M | 0.77% |
2,073,500
-340,000
| -14% | -$11.5M |
|
|
WBC
34
DELISTED
WABCO HOLDINGS INC.
WBC
| $70.3M | 0.75% |
529,800
+414,800
| +361% | +$54.7M |
|
35
PUT
Centene
CNC
$31B
| $60.3M | 0.65% |
1,150,000
+850,000
| +283% | +$45.9M |
|
|
TRCO
36
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $60.1M | 0.65% |
1,300,000
| – | – |
|
37
PUT
Boeing
BA
$180B
| $59.2M | 0.64% |
+162,500
| New | +$59.3M |
|
|
38
CALL
Centene
CNC
$31B
| $54.8M | 0.59% |
1,045,800
-4,200
| -0.4% | -$227K |
|
39
PUT
VanEck Gold Miners ETF
GDX
$22.9B
| $44.1M | 0.47% |
400,000
+140,000
| +54% | +$3.08M |
|
40
Howard Hughes
HHH
$3.84B
| $42.4M | 0.46% |
+358,863
| New | +$36.8M |
|
|
41
Synchrony
SYF
$25.3B
| $39.6M | 0.43% |
1,142,511
-1,018,606
| -47% | -$34.5M |
|
42
Alibaba
BABA
$307B
| $38.8M | 0.42% |
+229,200
| New | +$39.6M |
|
|
43
PUT
Alibaba
BABA
$307B
| $38.6M | 0.41% |
+227,700
| New | +$39.3M |
|
|
VSM
44
DELISTED
Versum Materials, Inc.
VSM
| $37.8M | 0.41% |
733,000
+83,000
| +13% | +$4.28M |
|
45
UnitedHealth
UNH
$377B
| $37.3M | 0.4% |
+153,000
| New | +$36.8M |
|
|
APC
46
CALL
DELISTED
Anadarko Petroleum
APC
| $34.9M | 0.38% |
+495,000
| New | +$33.2M |
|
|
I
47
DELISTED
INTELSAT S. A.
I
| $33.1M | 0.36% |
+1,700,000
| New | +$32.9M |
|
48
Energy Transfer Partners
ET
$69.9B
| $28.8M | 0.31% |
2,045,000
-5,000
| -0.2% | -$74K |
|
|
TSS
49
DELISTED
Total System Services, Inc.
TSS
| $25.7M | 0.28% |
+200,000
| New | +$22M |
|
50
Caesars Entertainment
CZR
$6.05B
| $25.5M | 0.27% |
+552,646
| New | +$27.1M |
|
Similar funds
CS
MGP
A
LF
MIM
SPIA
BPA
Pentwater Capital Management's Q2 2019 Portfolio in Review
As of Q2 2019, Pentwater Capital Management held 226 positions worth $9.31B, up 17% from $7.93B the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Pentwater Capital Management deployed $1.01B of net new capital in Q2 2019, opening 90 new positions and adding to 25 existing holdings. Its largest new stake was Anadarko Petroleum: 8,779,500 shares worth $619M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 14% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Celgene Corp, an estimated $383M trimmed.
- Pentwater Capital Management's largest Q2 2019 buy was Anadarko Petroleum: 8,779,500 shares worth $619M.
- Pentwater Capital Management added most to Allergan plc in Q2 2019, an estimated $492M increase.
- Pentwater Capital Management's biggest Q2 2019 reduction was Celgene Corp, cutting an estimated $383M.
- Pentwater Capital Management fully exited Walt Disney in Q2 2019, selling an estimated $196M.
- Pentwater Capital Management's ten largest holdings make up 57% of its $9.31B portfolio in Q2 2019.
- Pentwater Capital Management opened 90 new positions and closed 45 in Q2 2019.
- Pentwater Capital Management's portfolio value rose 17% quarter-over-quarter to $9.31B.
Based on Pentwater Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.