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
+10.59%
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
$14.1B
AUM Growth
+$3.66B
(+35%)
Cap. Flow
+$2.96B
Cap. Flow
% of AUM
21.04%
Top 10 Holdings %
Top 10 Hldgs %
54.73%
Holding
218
New
37
Increased
37
Reduced
42
Closed
71
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CFN
CAREFUSION CORPORATION
CFN
|
+$416M |
| 2 |
AGN
Allergan Inc
AGN
|
+$386M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$372M |
| 4 |
BHI
Baker Hughes
BHI
|
+$342M |
| 5 |
CBST
CUBIST PHARMACEUTICALS INC
CBST
|
+$201M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
THI
TIM HORTONS INC COM, CANADA
THI
|
+$536M |
| 2 |
Bausch Health
BHC
|
+$210M |
| 3 |
KMR
KINDER MORGAN MANAGEMENT LLC
KMR
|
+$153M |
| 4 |
Outfront Media
OUT
|
+$151M |
| 5 |
SHPG
Shire pic
SHPG
|
+$104M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20% |
| 2 | Technology | 7.1% |
| 3 | Consumer Discretionary | 6.67% |
| 4 | Materials | 3.2% |
| 5 | Energy | 3.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PUT
Herbalife
HLF
$1.31B
| $1.33M | 0.01% |
70,600
-9,400
| -12% | -$201K |
|
127
PUT
Boyd Gaming
BYD
$6.13B
| $1.28M | 0.01% |
100,000
| – | – |
|
|
MEG
128
PUT
DELISTED
Media General, Inc
MEG
| $1.17M | 0.01% |
70,000
| – | – |
|
|
HCBK
129
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $1.16M | 0.01% |
115,037
+89,388
| +349% | +$863K |
|
|
CACQ
130
DELISTED
Caesars Acquisition Company
CACQ
| $1.14M | 0.01% |
110,900
+10,900
| +11% | +$106K |
|
131
CALL
Zillow
ZG
$8.44B
| $1.06M | 0.01% |
30,000
| – | – |
|
|
GRA
132
DELISTED
W.R. Grace & Co.
GRA
| $954K | 0.01% |
10,000
-34,750
| -78% | -$3.23M |
|
|
VVUS
133
PUT
DELISTED
Vivus Inc
VVUS
| $864K | 0.01% |
30,000
| – | – |
|
|
VER
134
DELISTED
VEREIT, Inc.
VER
| $588K | ﹤0.01% |
+13,002
| New | +$637K |
|
135
American Airlines Group
AAL
$11B
| $532K | ﹤0.01% |
9,920
-47,500
| -83% | -$2.05M |
|
|
WLT
136
CALL
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
| $497K | ﹤0.01% |
360,000
| – | – |
|
137
NMI Holdings
NMIH
$3.38B
| $457K | ﹤0.01% |
50,000
| – | – |
|
|
138
Boyd Gaming
BYD
$6.13B
| $383K | ﹤0.01% |
30,000
-1,830,000
| -98% | -$20.6M |
|
|
139
Outfront Media
OUT
$5.64B
| $340K | ﹤0.01% |
12,872
-6,176,386
| -100% | -$151M |
|
140
Herc Holdings
HRI
$5.64B
| $299K | ﹤0.01% |
+4,000
| New | +$270K |
|
141
Apple
AAPL
$4.54T
| – | – |
-23,084
| Closed | -$581K |
|
142
PUT
AbbVie
ABBV
$435B
| – | – |
-350,000
| Closed | -$20.2M |
|
143
AerCap
AER
$24.4B
| – | – |
-100,000
| Closed | -$4.09M |
|
144
PUT
AstraZeneca
AZN
$250B
| – | – |
-330,000
| Closed | -$23.6M |
|
|
145
Bausch Health
BHC
$2.35B
| – | – |
-1,559,527
| Closed | -$210M |
|
|
146
PUT
Bausch Health
BHC
$2.35B
| – | – |
-220,000
| Closed | -$28.9M |
|
147
Santander
BSBR
$43.4B
| – | – |
-2,307,981
| Closed | -$14.5M |
|
148
DuPont de Nemours
DD
$19.9B
| – | – |
-7,898
| Closed | -$1.05M |
|
|
149
CALL
Herbalife
HLF
$1.31B
| – | – |
-20,000
| Closed | -$438K |
|
150
Installed Building Products
IBP
$6.51B
| – | – |
-67,500
| Closed | -$948K |
|
Similar funds
CS
MGP
A
LF
MIM
SPIA
BPA
Pentwater Capital Management's Q4 2014 Portfolio in Review
As of Q4 2014, Pentwater Capital Management held 218 positions worth $14.1B, up 35% from $10.4B the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Pentwater Capital Management deployed $2.96B of net new capital in Q4 2014, opening 37 new positions and adding to 37 existing holdings. Its largest new stake was CAREFUSION CORPORATION: 7,250,000 shares worth $430M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 16% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Outfront Media, an estimated $151M trimmed.
- Pentwater Capital Management's largest Q4 2014 buy was CAREFUSION CORPORATION: 7,250,000 shares worth $430M.
- Pentwater Capital Management added most to Allergan Inc in Q4 2014, an estimated $386M increase.
- Pentwater Capital Management's biggest Q4 2014 reduction was Outfront Media, cutting an estimated $151M.
- Pentwater Capital Management fully exited TIM HORTONS INC COM, CANADA in Q4 2014, selling an estimated $536M.
- Pentwater Capital Management's ten largest holdings make up 55% of its $14.1B portfolio in Q4 2014.
- Pentwater Capital Management opened 37 new positions and closed 71 in Q4 2014.
- Pentwater Capital Management's portfolio value rose 35% quarter-over-quarter to $14.1B.
Based on Pentwater Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.