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
-4.91%
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
$11.7B
AUM Growth
-$123M
(-1%)
Cap. Flow
+$901M
Cap. Flow
% of AUM
7.71%
Top 10 Holdings %
Top 10 Hldgs %
77.41%
Holding
194
New
48
Increased
39
Reduced
30
Closed
57
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.49B |
| 2 |
RHT
Red Hat Inc
RHT
|
+$218M |
| 3 |
ATHN
Athenahealth, Inc.
ATHN
|
+$180M |
| 4 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$178M |
| 5 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$132M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$1.41B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$1.07B |
| 3 |
COL
Rockwell Collins
COL
|
+$619M |
| 4 |
NXP Semiconductors
NXPI
|
+$263M |
| 5 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$197M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 10.15% |
| 2 | Technology | 7.69% |
| 3 | Materials | 2.92% |
| 4 | Healthcare | 2.64% |
| 5 | Industrials | 2.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VMW
51
CALL
DELISTED
VMware, Inc
VMW
| $11.7M | 0.1% |
85,000
-290,000
| -77% | -$43.8M |
|
|
VER
52
DELISTED
VEREIT, Inc.
VER
| $11M | 0.09% |
306,909
-20,000
| -6% | -$742K |
|
|
NXTM
53
DELISTED
NxStage Medical Inc.
NXTM
| $10.2M | 0.09% |
355,000
-145,000
| -29% | -$4.12M |
|
54
PUT
American Airlines Group
AAL
$10.6B
| $9.95M | 0.09% |
310,000
-230,100
| -43% | -$8.01M |
|
|
TFCFA
55
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $9.62M | 0.08% |
+200,000
| New | +$9.48M |
|
56
Zoetis
ZTS
$32.4B
| $8.55M | 0.07% |
+100,000
| New | +$9.01M |
|
|
ESPR
57
CALL
DELISTED
Esperion Therapeutics
ESPR
| $8.44M | 0.07% |
+183,400
| New | +$8.84M |
|
|
VMW
58
PUT
DELISTED
VMware, Inc
VMW
| $8.23M | 0.07% |
60,000
-15,000
| -20% | -$2.27M |
|
59
Alibaba
BABA
$304B
| $7.54M | 0.06% |
55,000
+20,000
| +57% | +$2.96M |
|
60
CALL
Bunge Global
BG
$20.9B
| $6.95M | 0.06% |
+130,000
| New | +$8.03M |
|
61
CALL
EQT Corp
EQT
$32.3B
| $6.61M | 0.06% |
350,000
-292,950
| -46% | -$5.95M |
|
|
ETRN
62
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $6.46M | 0.06% |
+322,720
| New | +$6.81M |
|
63
CALL
Energy Transfer Partners
ET
$71.2B
| $6.15M | 0.05% |
+465,400
| New | +$7.07M |
|
64
Dropbox
DBX
$8.06B
| $6.03M | 0.05% |
295,000
+113,816
| +63% | +$2.62M |
|
|
IMPV
65
DELISTED
Imperva, Inc.
IMPV
| $5.57M | 0.05% |
+100,000
| New | +$5.43M |
|
66
Ingersoll Rand
IR
$34.2B
| $4.6M | 0.04% |
225,000
+85,000
| +61% | +$2.09M |
|
|
67
Bunge Global
BG
$20.9B
| $4.54M | 0.04% |
+85,000
| New | +$5.25M |
|
68
Williams Companies
WMB
$87.8B
| $4.41M | 0.04% |
200,000
| – | – |
|
|
ESIO
69
DELISTED
Electro Scientific Industries
ESIO
| $3.75M | 0.03% |
+125,265
| New | +$3.11M |
|
70
Equitable Holdings
EQH
$14.2B
| $3.66M | 0.03% |
220,000
+86,520
| +65% | +$1.69M |
|
71
First Hawaiian
FHB
$3.35B
| $3.49M | 0.03% |
155,000
+30,000
| +24% | +$742K |
|
72
Amazon
AMZN
$2.94T
| $3.46M | 0.03% |
+46,000
| New | +$3.82M |
|
73
CALL
AT&T
T
$162B
| $3.42M | 0.03% |
158,880
-172,120
| -52% | -$4.01M |
|
|
CZZ
74
DELISTED
Cosan Limited
CZZ
| $3.08M | 0.03% |
+349,400
| New | +$2.82M |
|
|
AGN
75
DELISTED
Allergan plc
AGN
| $2.94M | 0.03% |
22,000
-6,000
| -21% | -$984K |
|
Similar funds
CS
A
LF
MIM
SPIA
BPA
NAM
Pentwater Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Pentwater Capital Management held 194 positions worth $11.7B, down 1% from $11.8B the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Pentwater Capital Management deployed $901M of net new capital in Q4 2018, opening 48 new positions and adding to 39 existing holdings. Its largest new stake was Red Hat Inc: 1,373,000 shares worth $241M.
By sector, the portfolio is most concentrated in Communication Services at 10% of assets, up from 7.3% a quarter earlier, followed by Technology and Materials.
On the sell side, the largest reduction was NXP Semiconductors, an estimated $263M trimmed.
- Pentwater Capital Management's largest Q4 2018 buy was Red Hat Inc: 1,373,000 shares worth $241M.
- Pentwater Capital Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2018, an estimated $1.49B increase.
- Pentwater Capital Management's biggest Q4 2018 reduction was NXP Semiconductors, cutting an estimated $263M.
- Pentwater Capital Management fully exited Aetna Inc in Q4 2018, selling an estimated $1.41B.
- Pentwater Capital Management's ten largest holdings make up 77% of its $11.7B portfolio in Q4 2018.
- Pentwater Capital Management opened 48 new positions and closed 57 in Q4 2018.
- Pentwater Capital Management's portfolio value fell 1% quarter-over-quarter to $11.7B.
Based on Pentwater Capital Management's 13F filing for Q4 2018, filed 14 Feb 2019.