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
+16.14%
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
$10.3B
AUM Growth
+$4.64B
(+81%)
Cap. Flow
+$4.08B
Cap. Flow
% of AUM
39.44%
Top 10 Holdings %
Top 10 Hldgs %
58.55%
Holding
192
New
69
Increased
39
Reduced
26
Closed
48
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$539M |
| 2 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$283M |
| 3 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$281M |
| 4 |
NATI
National Instruments Corp
NATI
|
+$241M |
| 5 |
UNVR
Univar Solutions Inc.
UNVR
|
+$189M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STOR
STORE Capital Corporation
STOR
|
+$208M |
| 2 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$122M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$107M |
| 4 |
SWIR
Sierra Wireless
SWIR
|
+$63.5M |
| 5 |
SGFY
Signify Health, Inc.
SGFY
|
+$58.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.84% |
| 2 | Healthcare | 13% |
| 3 | Industrials | 5.98% |
| 4 | Communication Services | 4.91% |
| 5 | Financials | 2.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WWE
26
DELISTED
World Wrestling Entertainment
WWE
| $82.3M | 0.8% |
+902,000
| New | +$77.1M |
|
27
Spectrum Brands
SPB
$2.07B
| $80.8M | 0.78% |
1,220,000
+649,366
| +114% | +$41M |
|
28
PUT
First Horizon
FHN
$12.1B
| $80.5M | 0.78% |
4,526,400
+3,776,400
| +504% | +$83.9M |
|
|
PRVB
29
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $75.6M | 0.73% |
+3,135,000
| New | +$39.3M |
|
|
RADI
30
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $74.1M | 0.72% |
+5,050,000
| New | +$68.5M |
|
|
MAXR
31
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $70.2M | 0.68% |
1,375,000
+267,500
| +24% | +$13.7M |
|
32
NCR Voyix
VYX
$1.14B
| $69.4M | 0.67% |
4,792,200
+880,200
| +23% | +$13.5M |
|
|
SCHW
33
Charles Schwab
SCHW
$187B
| $69.1M | 0.67% |
+1,320,000
| New | +$96.7M |
|
34
Alibaba
BABA
$308B
| $68.5M | 0.66% |
670,000
-210,000
| -24% | -$21M |
|
|
FOCS
35
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $66M | 0.64% |
+1,273,246
| New | +$61.4M |
|
|
MGI
36
DELISTED
MoneyGram International, Inc. New
MGI
| $59.4M | 0.57% |
5,700,000
-155,000
| -3% | -$1.67M |
|
|
SCHW
37
PUT
Charles Schwab
SCHW
$187B
| $58.9M | 0.57% |
+1,125,300
| New | +$82.4M |
|
|
38
State Street SPDR S&P 500 ETF Trust
SPY
$810B
| $57.3M | 0.55% |
140,038
-267,712
| -66% | -$107M |
|
|
CVT
39
DELISTED
Cvent Holding Corp. Common Stock
CVT
| $56.3M | 0.54% |
+6,730,000
| New | +$48.5M |
|
|
40
PUT
Alibaba
BABA
$308B
| $53.1M | 0.51% |
520,000
-400,000
| -43% | -$40.1M |
|
41
Freeport-McMoran
FCX
$97.5B
| $51.2M | 0.5% |
1,252,500
+332,500
| +36% | +$13.8M |
|
42
PUT
Tower Semiconductor
TSEM
$28.5B
| $51M | 0.49% |
1,200,000
+400,000
| +50% | +$16.7M |
|
|
DEN
43
PUT
DELISTED
Denbury Inc.
DEN
| $49.9M | 0.48% |
570,000
+290,000
| +104% | +$24.4M |
|
|
44
Tower Semiconductor
TSEM
$28.5B
| $48.6M | 0.47% |
1,145,000
+75,000
| +7% | +$3.13M |
|
45
PUT
Boeing
BA
$185B
| $46.2M | 0.45% |
217,500
-302,500
| -58% | -$62.9M |
|
46
PUT
Manchester United
MANU
$3.73B
| $42.1M | 0.41% |
+1,901,800
| New | +$43.1M |
|
|
47
Manchester United
MANU
$3.73B
| $39.6M | 0.38% |
+1,787,500
| New | +$40.5M |
|
|
ARGO
48
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $38.1M | 0.37% |
+1,300,000
| New | +$36.8M |
|
|
AMYT
49
DELISTED
Amryt Pharma plc American Depositary Shares
AMYT
| $36.5M | 0.35% |
+2,500,000
| New | +$35.3M |
|
|
MNTV
50
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $36.3M | 0.35% |
+3,900,000
| New | +$30.6M |
|
Similar funds
CS
A
LF
MIM
SPIA
BPA
NAM
Pentwater Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Pentwater Capital Management held 192 positions worth $10.3B, up 81% from $5.7B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Pentwater Capital Management deployed $4.08B of net new capital in Q1 2023, opening 69 new positions and adding to 39 existing holdings. Its largest new stake was Seagen Inc. Common Stock: 1,755,000 shares worth $355M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 18% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $107M trimmed.
- Pentwater Capital Management's largest Q1 2023 buy was Seagen Inc. Common Stock: 1,755,000 shares worth $355M.
- Pentwater Capital Management added most to Activision Blizzard in Q1 2023, an estimated $539M increase.
- Pentwater Capital Management's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $107M.
- Pentwater Capital Management fully exited STORE Capital Corporation in Q1 2023, selling an estimated $208M.
- Pentwater Capital Management's ten largest holdings make up 59% of its $10.3B portfolio in Q1 2023.
- Pentwater Capital Management opened 69 new positions and closed 48 in Q1 2023.
- Pentwater Capital Management's portfolio value rose 81% quarter-over-quarter to $10.3B.
Based on Pentwater Capital Management's 13F filing for Q1 2023, filed 15 May 2023.