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
-0.64%
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
$14.2B
AUM Growth
-$873M
(-5.8%)
Cap. Flow
-$545M
Cap. Flow
% of AUM
-3.85%
Top 10 Holdings %
Top 10 Hldgs %
59.23%
Holding
126
New
31
Increased
18
Reduced
33
Closed
35
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
+$557M |
| 2 |
MON
Monsanto Co
MON
|
+$438M |
| 3 |
Dell
DELL
|
+$316M |
| 4 |
MSCC
Microsemi Corp
MSCC
|
+$229M |
| 5 |
VICI Properties
VICI
|
+$194M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$623M |
| 2 |
NXP Semiconductors
NXPI
|
+$321M |
| 3 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$161M |
| 4 |
AABA
Altaba Inc
AABA
|
+$76.9M |
| 5 |
STRP
Straight Path Communications Inc.
STRP
|
+$60M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.02% |
| 2 | Materials | 12.59% |
| 3 | Financials | 7.18% |
| 4 | Communication Services | 6.37% |
| 5 | Healthcare | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$818B
| $26.3M | 0.19% |
+100,000
| New | +$27.3M |
|
52
Cigna
CI
$72.7B
| $23.5M | 0.17% |
+140,000
| New | +$27.2M |
|
|
SBOW
53
DELISTED
SilverBow Resources, Inc.
SBOW
| $23.2M | 0.16% |
796,223
-9,000
| -1% | -$267K |
|
|
TRQ
54
CALL
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $22.1M | 0.16% |
718,270
-10,000
| -1% | -$316K |
|
55
PUT
RTX Corp
RTX
$301B
| $19.5M | 0.14% |
246,295
-31,780
| -11% | -$2.62M |
|
56
CALL
EQT Corp
EQT
$32.3B
| $19M | 0.13% |
734,800
-918,500
| -56% | -$26.4M |
|
57
PUT
CVS Health
CVS
$123B
| $18.7M | 0.13% |
+300,000
| New | +$21.5M |
|
|
HAWK
58
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $17.9M | 0.13% |
+400,000
| New | +$17.4M |
|
|
TFCFA
59
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $17.4M | 0.12% |
475,597
-90,000
| -16% | -$3.32M |
|
|
60
State Street SPDR S&P 500 ETF Trust
SPY
$818B
| $16.3M | 0.12% |
62,000
+32,000
| +107% | +$8.73M |
|
|
ETP
61
DELISTED
Energy Transfer Partners, L.P.
ETP
| $16.2M | 0.11% |
1,000,000
-40,000
| -4% | -$743K |
|
|
ORBK
62
DELISTED
Orbotech Ltd
ORBK
| $13.1M | 0.09% |
+210,000
| New | +$11.5M |
|
|
DISCK
63
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $12.9M | 0.09% |
+659,000
| New | +$14.8M |
|
|
ILG
64
PUT
DELISTED
ILG, Inc Common Stock
ILG
| $12.4M | 0.09% |
+400,000
| New | +$12.5M |
|
|
AGN
65
CALL
DELISTED
Allergan plc
AGN
| $11.8M | 0.08% |
70,000
-290,000
| -81% | -$48.6M |
|
66
CALL
Alibaba
BABA
$304B
| $9.97M | 0.07% |
54,300
| – | – |
|
67
CALL
Pfizer
PFE
$149B
| $7.1M | 0.05% |
+210,800
| New | +$7.25M |
|
|
MULE
68
DELISTED
MuleSoft, Inc.
MULE
| $5.98M | 0.04% |
+136,000
| New | +$4.05M |
|
|
AGN
69
DELISTED
Allergan plc
AGN
| $5.64M | 0.04% |
33,500
-62,500
| -65% | -$10.5M |
|
70
Williams Companies
WMB
$87.8B
| $5.47M | 0.04% |
220,000
-30,000
| -12% | -$885K |
|
|
AET
71
CALL
DELISTED
Aetna Inc
AET
| $4.31M | 0.03% |
+25,500
| New | +$4.58M |
|
72
Energy Transfer Partners
ET
$71.2B
| $4.09M | 0.03% |
288,000
-400
| -0.1% | -$6.65K |
|
|
DISCK
73
PUT
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $3.9M | 0.03% |
+200,000
| New | +$4.48M |
|
74
Dropbox
DBX
$8.06B
| $3.75M | 0.03% |
+120,000
| New | +$3.63M |
|
75
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $3.6M | 0.03% |
20,000
-80,000
| -80% | -$9.7M |
|
Similar funds
CS
A
LF
MIM
SPIA
BPA
NAM
Pentwater Capital Management's Q1 2018 Portfolio in Review
As of Q1 2018, Pentwater Capital Management held 126 positions worth $14.2B, down 5.8% from $15B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Pentwater Capital Management withdrew a net $545M in Q1 2018, closing 35 positions and reducing 33 holdings. Its most notable exit was Scripps Networks Interactive, Inc Common Class A, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Materials and Financials.
Against the trend, Pentwater Capital Management opened a new position in Express Scripts Holding Company worth $505M.
- Pentwater Capital Management's largest Q1 2018 buy was Express Scripts Holding Company: 7,305,600 shares worth $505M.
- Pentwater Capital Management added most to Monsanto Co in Q1 2018, an estimated $438M increase.
- Pentwater Capital Management's biggest Q1 2018 reduction was Qualcomm, cutting an estimated $623M.
- Pentwater Capital Management fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $161M.
- Pentwater Capital Management's ten largest holdings make up 59% of its $14.2B portfolio in Q1 2018.
- Pentwater Capital Management opened 31 new positions and closed 35 in Q1 2018.
- Pentwater Capital Management's portfolio value fell 5.8% quarter-over-quarter to $14.2B.
Based on Pentwater Capital Management's 13F filing for Q1 2018, filed 15 May 2018.