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
+2.71%
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
$9.84B
AUM Growth
-$2.28B
Cap. Flow
-$2.08B
Cap. Flow %
-21.12%
Top 10 Hldgs %
57.61%
Holding
370
New
68
Increased
62
Reduced
62
Closed
140

Top Buys

Rank Stock Value
1
NUAN
Nuance Communications, Inc.
NUAN
+$293M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$273M
3
HRC
HILL-ROM HOLDINGS, INC.
HRC
+$250M
4
FIVN icon
FIVE9
FIVN
+$227M
5
INFO
IHS Markit Ltd. Common Shares
INFO
+$181M

Top Sells

Rank Stock Value
1
MXIM
Maxim Integrated Products
MXIM
+$1.18B
2
ALXN
Alexion Pharmaceuticals
ALXN
+$906M
3
WORK
Slack Technologies, Inc.
WORK
+$861M
4
PFPT
Proofpoint, Inc.
PFPT
+$438M
5
PRAH
PRA Health Sciences, Inc.
PRAH
+$205M

Sector Composition

Rank Sector Weight
1 Technology 13.73%
2 Healthcare 12.3%
3 Communication Services 11.97%
4 Industrials 9.76%
5 Consumer Discretionary 3.37%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NFH
76
DELISTED
New Frontier Health Corporation Ordinary Shares
NFH
$11.9M 0.12%
1,060,000
-459,704
-30% -$5.12M
MDLA
77
DELISTED
Medallia, Inc.
MDLA
$11.4M 0.12%
336,631
-108,369
-24% -$3.62M
XYZ
78
CALL
Block Inc
XYZ
$47.5B
$11.3M 0.11%
+47,000
New +$12.1M
ASO icon
79
Academy Sports + Outdoors
ASO
$2.98B
$10.5M 0.11%
262,722
+144,722
+123% +$5.77M
KSU
80
PUT
DELISTED
Kansas City Southern
KSU
$10.3M 0.11%
38,200
-1,121,500
-97% -$312M
CLVT icon
81
Clarivate
CLVT
$1.16B
$9.91M 0.1%
452,656
+2,656
+0.6% +$64.6K
CAI
82
DELISTED
CAI International, Inc.
CAI
$9.9M 0.1%
177,103
-72,897
-29% -$4.07M
SPGI icon
83
CALL
S&P Global
SPGI
$120B
$9.56M 0.1%
+22,500
New +$9.75M
CVA
84
DELISTED
Covanta Holding Corporation
CVA
$9.21M 0.09%
+457,484
New +$9.05M
STMP
85
DELISTED
Stamps.com, Inc.
STMP
$9.14M 0.09%
+27,716
New +$8.79M
PENN icon
86
CALL
PENN Entertainment
PENN
$2.71B
$8.7M 0.09%
+120,000
New +$8.82M
WB icon
87
CALL
Weibo
WB
$1.95B
$8.63M 0.09%
+181,700
New +$9.81M
STFC
88
DELISTED
State Auto Financial Corp
STFC
$8.42M 0.09%
+165,342
New +$7.83M
KRTX
89
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
$8.34M 0.08%
68,200
– –
CAR icon
90
PUT
Avis
CAR
$5.02B
$8.27M 0.08%
+71,000
New +$6.26M
MX icon
91
Magnachip Semiconductor
MX
$145M
$7.28M 0.07%
410,000
+370,000
+925% +$7.37M
ISBC
92
DELISTED
Investors Bancorp, Inc.
ISBC
$6.95M 0.07%
+460,000
New +$6.42M
RDNW
93
RideNow Group
RDNW
$262M
$6.82M 0.07%
175,000
+150,000
+600% +$5.47M
ATC
94
DELISTED
Atotech Limited
ATC
$6.75M 0.07%
279,300
+179,300
+179% +$4.31M
DOLE icon
95
Dole
DOLE
$1.32B
$6.22M 0.06%
+366,953
New +$5.66M
ECHO
96
DELISTED
Echo Global Logistics, Inc.
ECHO
$6.11M 0.06%
+128,000
New +$4.42M
RXRX icon
97
Recursion Pharmaceuticals
RXRX
$1.73B
$6.1M 0.06%
265,000
+12,500
+5% +$354K
CERT icon
98
Certara
CERT
$1.25B
$5.89M 0.06%
177,900
+77,900
+78% +$2.35M
AZEK
99
DELISTED
The AZEK Co
AZEK
$5.78M 0.06%
158,300
– –
UAL icon
100
United Airlines
UAL
$42.1B
$5.63M 0.06%
118,359
+105,359
+810% +$4.96M
2 3
4
5 6

Similar funds

CS
Candriam SCA Strassen, Luxembourg, Luxembourg $19.3B AUM 39.18% 1-Year Est. Return
A
AustralianSuper Melbourne, Australia $19.2B AUM 31.95% 1-Year Est. Return
LF
Lansforsakringar Fondforvaltning Stockholm, Sweden $19.1B AUM 26.9% 1-Year Est. Return
Select Equity Group
Select Equity Group New York $19.5B AUM 17.33% 1-Year Est. Return
MIM
MetLife Investment Management Whippany, New Jersey $19.6B AUM 32.64% 1-Year Est. Return
SPIA
Steward Partners Investment Advisory New York $19.6B AUM 22.89% 1-Year Est. Return
BPA
Beacon Pointe Advisors Newport Beach, California $18.9B AUM 18.9% 1-Year Est. Return
NAM
Nissay Asset Management Tokyo, Japan $18.9B AUM 27.21% 1-Year Est. Return

Pentwater Capital Management's Q3 2021 Portfolio in Review

As of Q3 2021, Pentwater Capital Management held 370 positions worth $9.84B, down 19% from $12.1B the previous quarter. Its ten largest holdings account for 58% of the portfolio.

Pentwater Capital Management withdrew a net $2.08B in Q3 2021, closing 140 positions and reducing 62 holdings. Its most notable exit was Maxim Integrated Products, an estimated $1.18B position sold in full.

By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 20% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, Pentwater Capital Management opened a new position in HILL-ROM HOLDINGS, INC. worth $278M.

  • Pentwater Capital Management's largest Q3 2021 buy was HILL-ROM HOLDINGS, INC.: 1,850,000 shares worth $278M.
  • Pentwater Capital Management added most to Nuance Communications, Inc. in Q3 2021, an estimated $293M increase.
  • Pentwater Capital Management's biggest Q3 2021 reduction was Change Healthcare Inc. Common Stock, cutting an estimated $131M.
  • Pentwater Capital Management fully exited Maxim Integrated Products in Q3 2021, selling an estimated $1.18B.
  • Pentwater Capital Management's ten largest holdings make up 58% of its $9.84B portfolio in Q3 2021.
  • Pentwater Capital Management opened 68 new positions and closed 140 in Q3 2021.
  • Pentwater Capital Management's portfolio value fell 19% quarter-over-quarter to $9.84B.

Based on Pentwater Capital Management's 13F filing for Q3 2021, filed 15 Nov 2021.