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
-1.47%
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
$11.4B
AUM Growth
-$7.46B
Cap. Flow
-$6.58B
Cap. Flow %
-57.74%
Top 10 Hldgs %
57.68%
Holding
203
New
39
Increased
27
Reduced
53
Closed
69

Top Buys

Rank Stock Value
1
PCP
PRECISION CASTPARTS CORP
PCP
+$714M
2
CVC
CABLEVISION SYS CP NY GRP CL-A
CVC
+$144M
3
ALTR
Altera Corp
ALTR
+$132M
4
BEE
STRATEGIC HOTELS & RESORTS, INC
BEE
+$113M
5
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
+$110M

Top Sells

Rank Stock Value
1
DTV
DIRECTV COM STK (DE)
DTV
+$1.13B
2
HSP
HOSPIRA INC
HSP
+$639M
3
PLL
PALL CORP
PLL
+$616M
4
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
+$611M
5
FDO
FAMILY DOLLAR STORES
FDO
+$459M

Sector Composition

Rank Sector Weight
1 Communication Services 10.88%
2 Industrials 8.45%
3 Healthcare 7.68%
4 Energy 6.07%
5 Materials 3.71%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
OUT icon
126
Outfront Media
OUT
$5.48B
$296K ﹤0.01%
14,437
-159,544
-92% -$3.74M
JPM icon
127
JPMorgan Chase
JPM
$947B
$244K ﹤0.01%
+4,000
New +$262K
PARA
128
DELISTED
Paramount Global Class B
PARA
$242K ﹤0.01%
6,066
-551,400
-99% -$26.8M
WLL
129
DELISTED
Whiting Petroleum Corporation
WLL
$153K ﹤0.01%
33
– –
WLL
130
PUT
DELISTED
Whiting Petroleum Corporation
WLL
$153K ﹤0.01%
+33
New +$204K
ACI
131
CALL
DELISTED
ARCH COAL, INC.
ACI
$33K ﹤0.01%
+10,000
New +$32.8K
ABBV icon
132
CALL
AbbVie
ABBV
$431B
– –
-627,600
Closed -$42.2M
AER icon
133
AerCap
AER
$24.4B
– –
-50,000
Closed -$2.29M
BHC icon
134
CALL
Bausch Health
BHC
$2.21B
– –
-30,100
Closed -$6.69M
CI icon
135
PUT
Cigna
CI
$72.7B
– –
-220,000
Closed -$35.6M
CMCSA icon
136
CALL
Comcast
CMCSA
$89.3B
– –
-360,000
Closed -$10.8M
COLL icon
137
Collegium Pharmaceutical
COLL
$944M
– –
-100,000
Closed -$1.78M
CSTM icon
138
Constellium
CSTM
$3.88B
– –
-114,570
Closed -$1.35M
DHR icon
139
Danaher
DHR
$141B
– –
-781,409
Closed -$45M
ET icon
140
PUT
Energy Transfer Partners
ET
$71.2B
– –
-700,000
Closed -$11.2M
LYB icon
141
LyondellBasell Industries
LYB
$19.8B
– –
-39,316
Closed -$4.07M
LYB icon
142
PUT
LyondellBasell Industries
LYB
$19.8B
– –
-39,300
Closed -$4.07M
MAC icon
143
Macerich
MAC
$6.66B
– –
-200,000
Closed -$14.9M
MDT icon
144
Medtronic
MDT
$110B
– –
-2,294
Closed -$170K
NMIH icon
145
NMI Holdings
NMIH
$3.31B
– –
-50,000
Closed -$401K
NTCT icon
146
NETSCOUT
NTCT
$2.92B
– –
-630,283
Closed -$23.1M
OCUL icon
147
Ocular Therapeutix
OCUL
$1.92B
– –
-295,690
Closed -$6.22M
OPK icon
148
Opko Health
OPK
$985M
– –
-755,622
Closed -$12.2M
OPK icon
149
PUT
Opko Health
OPK
$985M
– –
-1,250,000
Closed -$20.1M
PARA
150
CALL
DELISTED
Paramount Global Class B
PARA
– –
-540,000
Closed -$30M
4 5
6
7 8

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 2015 Portfolio in Review

As of Q3 2015, Pentwater Capital Management held 203 positions worth $11.4B, down 40% from $18.8B the previous quarter. Its ten largest holdings account for 58% of the portfolio.

Pentwater Capital Management withdrew a net $6.58B in Q3 2015, closing 69 positions and reducing 53 holdings. Its most notable exit was DIRECTV COM STK (DE), an estimated $1.13B position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 11% of assets, up from 6.7% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Pentwater Capital Management opened a new position in PRECISION CASTPARTS CORP worth $764M.

  • Pentwater Capital Management's largest Q3 2015 buy was PRECISION CASTPARTS CORP: 3,325,000 shares worth $764M.
  • Pentwater Capital Management added most to Altera Corp in Q3 2015, an estimated $132M increase.
  • Pentwater Capital Management's biggest Q3 2015 reduction was Charter Communications, cutting an estimated $176M.
  • Pentwater Capital Management fully exited DIRECTV COM STK (DE) in Q3 2015, selling an estimated $1.13B.
  • Pentwater Capital Management's ten largest holdings make up 58% of its $11.4B portfolio in Q3 2015.
  • Pentwater Capital Management opened 39 new positions and closed 69 in Q3 2015.
  • Pentwater Capital Management's portfolio value fell 40% quarter-over-quarter to $11.4B.

Based on Pentwater Capital Management's 13F filing for Q3 2015, filed 16 Nov 2015.