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
+14.92%
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
$15.4B
AUM Growth
+$3.5B
(+29%)
Cap. Flow
+$2.17B
Cap. Flow
% of AUM
14.1%
Top 10 Holdings %
Top 10 Hldgs %
61.13%
Holding
135
New
34
Increased
38
Reduced
18
Closed
39
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BPMC
Blueprint Medicines
BPMC
|
+$405M |
| 2 |
SKX
Skechers
SKX
|
+$402M |
| 3 |
UnitedHealth
UNH
|
+$373M |
| 4 |
HES
Hess
HES
|
+$203M |
| 5 |
INFA
Informatica
INFA
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
X
US Steel
X
|
+$814M |
| 2 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$685M |
| 3 |
Boeing
BA
|
+$231M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$212M |
| 5 |
HEES
H&E Equipment Services
HEES
|
+$156M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.53% |
| 2 | Industrials | 9.28% |
| 3 | Technology | 6.84% |
| 4 | Energy | 6.69% |
| 5 | Communication Services | 4.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Teck Resources
TECK
$32.6B
| $1.62M | 0.01% |
40,000
-45,000
| -53% | -$1.63M |
|
77
TELA Bio
TELA
$38.9M
| $1.58M | 0.01% |
815,000
-183,755
| -18% | -$241K |
|
|
PARAA
78
DELISTED
Paramount Global Class A
PARAA
| $1.42M | 0.01% |
61,938
+31,188
| +101% | +$705K |
|
79
T-Mobile US
TMUS
$190B
| $1.19M | 0.01% |
+5,000
| New | +$1.22M |
|
80
CALL
Intel
INTC
$513B
| $1.12M | 0.01% |
+50,000
| New | +$1.04M |
|
|
VOYG
81
Voyager Technologies
VOYG
$2.54B
| $981K | 0.01% |
+25,000
| New | +$1.19M |
|
|
82
Intel
INTC
$513B
| $896K | 0.01% |
+40,000
| New | +$829K |
|
|
PRTC
83
DELISTED
PureTech Health
PRTC
| $863K | 0.01% |
50,000
+16,440
| +49% | +$289K |
|
84
V2X
VVX
$2.65B
| $728K | ﹤0.01% |
+15,000
| New | +$714K |
|
|
HOLX
85
DELISTED
Hologic
HOLX
| $652K | ﹤0.01% |
+10,000
| New | +$599K |
|
|
HOLX
86
PUT
DELISTED
Hologic
HOLX
| $652K | ﹤0.01% |
+10,000
| New | +$599K |
|
|
AHL
87
DELISTED
Aspen Insurance
AHL
| $629K | ﹤0.01% |
+20,000
| New | +$667K |
|
|
OMDA
88
Omada Health Inc
OMDA
$1.41B
| $454K | ﹤0.01% |
+24,800
| New | +$429K |
|
|
VG
89
Venture Global Inc
VG
$32.9B
| $390K | ﹤0.01% |
+25,000
| New | +$289K |
|
90
PUT
AMC Entertainment Holdings
AMC
$2.31B
| $310K | ﹤0.01% |
100,000
-900,000
| -90% | -$2.67M |
|
|
VG
91
CALL
Venture Global Inc
VG
$32.9B
| $234K | ﹤0.01% |
15,000
-15,000
| -50% | -$174K |
|
92
Sable Offshore Corp
SOC
$911M
| $220K | ﹤0.01% |
+10,000
| New | +$233K |
|
|
ESPR
93
DELISTED
Esperion Therapeutics
ESPR
| $178K | ﹤0.01% |
181,290
| – | – |
|
94
CALL
Talos Energy
TALO
$2.4B
| $170K | ﹤0.01% |
+20,000
| New | +$160K |
|
|
95
PUT
V2X
VVX
$2.65B
| $68K | ﹤0.01% |
+1,400
| New | +$66.6K |
|
|
96
CALL
AMC Entertainment Holdings
AMC
$2.31B
| – | – |
-200,000
| Closed | -$574K |
|
97
CALL
Broadcom
AVGO
$2.04T
| – | – |
-30,000
| Closed | -$5.02M |
|
|
98
Broadcom
AVGO
$2.04T
| – | – |
-12,000
| Closed | -$2.01M |
|
|
99
PUT
Broadcom
AVGO
$2.04T
| – | – |
-5,000
| Closed | -$837K |
|
100
PUT
Crown Holdings
CCK
$13.1B
| – | – |
-200,000
| Closed | -$17.9M |
|
Similar funds
CS
A
LF
MIM
SPIA
BPA
NAM
Pentwater Capital Management's Q2 2025 Portfolio in Review
As of Q2 2025, Pentwater Capital Management held 135 positions worth $15.4B, up 29% from $11.9B the previous quarter. Its ten largest holdings account for 61% of the portfolio.
Pentwater Capital Management deployed $2.17B of net new capital in Q2 2025, opening 34 new positions and adding to 38 existing holdings. Its largest new stake was Blueprint Medicines: 3,900,000 shares worth $500M.
By sector, the portfolio is most concentrated in Healthcare at 9.5% of assets, up from 8.1% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was Boeing, an estimated $231M trimmed.
- Pentwater Capital Management's largest Q2 2025 buy was Blueprint Medicines: 3,900,000 shares worth $500M.
- Pentwater Capital Management added most to Hess in Q2 2025, an estimated $203M increase.
- Pentwater Capital Management's biggest Q2 2025 reduction was Boeing, cutting an estimated $231M.
- Pentwater Capital Management fully exited US Steel in Q2 2025, selling an estimated $814M.
- Pentwater Capital Management's ten largest holdings make up 61% of its $15.4B portfolio in Q2 2025.
- Pentwater Capital Management opened 34 new positions and closed 39 in Q2 2025.
- Pentwater Capital Management's portfolio value rose 29% quarter-over-quarter to $15.4B.
Based on Pentwater Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.