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
-0.32%
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
$6.4B
AUM Growth
-$2.91B
(-31%)
Cap. Flow
-$2.77B
Cap. Flow
% of AUM
-43.38%
Top 10 Holdings %
Top 10 Hldgs %
64.6%
Holding
239
New
57
Increased
26
Reduced
57
Closed
84
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$264M |
| 2 |
ONCE
Spark Therapeutics, Inc. Common Stock
ONCE
|
+$133M |
| 3 |
PG&E
PCG
|
+$60.6M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$55.8M |
| 5 |
Philip Morris
PM
|
+$43.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$619M |
| 2 |
AGN
Allergan plc
AGN
|
+$582M |
| 3 |
RHT
Red Hat Inc
RHT
|
+$457M |
| 4 |
NXP Semiconductors
NXPI
|
+$223M |
| 5 |
ARRY
Array Biopharma Inc
ARRY
|
+$128M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.92% |
| 2 | Technology | 7.16% |
| 3 | Industrials | 2.45% |
| 4 | Consumer Discretionary | 2.31% |
| 5 | Materials | 2.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LPT
51
DELISTED
Liberty Property Trust
LPT
| $12.8M | 0.2% |
+250,000
| New | +$12.9M |
|
52
The GEO Group
GEO
$4.03B
| $11.7M | 0.18% |
+675,000
| New | +$12.1M |
|
|
ALDR
53
PUT
DELISTED
Alder Biopharmaceuticals
ALDR
| $10.4M | 0.16% |
+550,000
| New | +$6.29M |
|
|
CBPO
54
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $9.56M | 0.15% |
+83,490
| New | +$8.3M |
|
|
CVRS
55
DELISTED
CORINDUS VASCULAR ROBOTICS, INC
CVRS
| $8.56M | 0.13% |
+2,000,000
| New | +$7.26M |
|
|
56
PUT
NXP Semiconductors
NXPI
$58.4B
| $7.64M | 0.12% |
70,000
-160,000
| -70% | -$16.3M |
|
|
I
57
CALL
DELISTED
INTELSAT S. A.
I
| $6.84M | 0.11% |
300,000
| – | – |
|
58
BJs Wholesale Club
BJ
$12.4B
| $6.51M | 0.1% |
251,800
-218,200
| -46% | -$5.43M |
|
59
Alibaba
BABA
$304B
| $6.36M | 0.1% |
38,000
-191,200
| -83% | -$32.9M |
|
|
SBOW
60
DELISTED
SilverBow Resources, Inc.
SBOW
| $6.18M | 0.1% |
638,052
| – | – |
|
|
61
NXP Semiconductors
NXPI
$58.4B
| $6.11M | 0.1% |
56,000
-2,185,000
| -98% | -$223M |
|
|
ESPR
62
CALL
DELISTED
Esperion Therapeutics
ESPR
| $5.68M | 0.09% |
155,000
| – | – |
|
63
Dropbox
DBX
$8.06B
| $5.57M | 0.09% |
276,000
-89,000
| -24% | -$1.9M |
|
64
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $5.29M | 0.08% |
25,000
-15,000
| -38% | -$1.96M |
|
|
MDCO
65
CALL
DELISTED
Medicines Co
MDCO
| $5M | 0.08% |
+100,000
| New | +$3.99M |
|
66
Invesco QQQ Trust
QQQ
$479B
| $4.72M | 0.07% |
25,000
-15,000
| -38% | -$2.84M |
|
67
American Airlines Group
AAL
$10.6B
| $4.57M | 0.07% |
169,439
| – | – |
|
68
PUT
Axalta
AXTA
$8.03B
| $4.52M | 0.07% |
150,000
-350,000
| -70% | -$10.3M |
|
|
69
PUT
American Airlines Group
AAL
$10.6B
| $4.25M | 0.07% |
157,500
| – | – |
|
|
70
Axalta
AXTA
$8.03B
| $4.22M | 0.07% |
140,000
-285,000
| -67% | -$8.41M |
|
71
Williams Companies
WMB
$87.8B
| $4.09M | 0.06% |
170,000
-20,000
| -11% | -$504K |
|
|
TGE
72
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $4.03M | 0.06% |
+200,000
| New | +$3.87M |
|
73
PUT
Texas Instruments
TXN
$254B
| $3.88M | 0.06% |
30,000
-170,000
| -85% | -$20.9M |
|
|
74
CALL
PG&E
PCG
$37.4B
| $3.85M | 0.06% |
385,000
-335,000
| -47% | -$5.07M |
|
75
Altria Group
MO
$113B
| $3.27M | 0.05% |
+80,000
| New | +$3.68M |
|
Similar funds
CS
A
LF
MIM
SPIA
BPA
NAM
Pentwater Capital Management's Q3 2019 Portfolio in Review
As of Q3 2019, Pentwater Capital Management held 239 positions worth $6.4B, down 31% from $9.31B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Pentwater Capital Management withdrew a net $2.77B in Q3 2019, closing 84 positions and reducing 57 holdings. Its most notable exit was Anadarko Petroleum, an estimated $619M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.
Against the trend, Pentwater Capital Management opened a new position in Viacom Inc. Class B worth $48.1M.
- Pentwater Capital Management's largest Q3 2019 buy was Viacom Inc. Class B: 2,000,100 shares worth $48.1M.
- Pentwater Capital Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2019, an estimated $264M increase.
- Pentwater Capital Management's biggest Q3 2019 reduction was Allergan plc, cutting an estimated $582M.
- Pentwater Capital Management fully exited Anadarko Petroleum in Q3 2019, selling an estimated $619M.
- Pentwater Capital Management's ten largest holdings make up 65% of its $6.4B portfolio in Q3 2019.
- Pentwater Capital Management opened 57 new positions and closed 84 in Q3 2019.
- Pentwater Capital Management's portfolio value fell 31% quarter-over-quarter to $6.4B.
Based on Pentwater Capital Management's 13F filing for Q3 2019, filed 14 Nov 2019.