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
+21.84%
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
$6.11B
AUM Growth
-$283M
Cap. Flow
-$874M
Cap. Flow %
-14.3%
Top 10 Hldgs %
62.65%
Holding
207
New
52
Increased
29
Reduced
48
Closed
56

Top Buys

Rank Stock Value
1
AMTD
TD Ameritrade Holding Corp
AMTD
+$221M
2
TIF
Tiffany & Co.
TIF
+$170M
3
PCG icon
PG&E
PCG
+$105M
4
BMY.RT
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
+$92.5M
5
BA icon
Boeing
BA
+$91.4M

Top Sells

Rank Stock Value
1
CELG
Celgene Corp
CELG
+$615M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$363M
3
ONCE
Spark Therapeutics, Inc. Common Stock
ONCE
+$204M
4
WCG
Wellcare Health Plans, Inc.
WCG
+$122M
5
ADSW
Advanced Disposal Services Inc
ADSW
+$77.1M

Sector Composition

Rank Sector Weight
1 Technology 8.69%
2 Financials 4.76%
3 Healthcare 4.33%
4 Utilities 3.73%
5 Industrials 3.26%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
176
State Street SPDR S&P 500 ETF Trust
SPY
$818B
– –
-1,180,000
Closed -$363M
TXN icon
177
PUT
Texas Instruments
TXN
$254B
– –
-30,000
Closed -$3.88M
UNH icon
178
UnitedHealth
UNH
$367B
– –
-90,000
Closed -$23.5M
VAC icon
179
Marriott Vacations Worldwide
VAC
$4.28B
– –
-10,000
Closed -$1.04M
VICI icon
180
VICI Properties
VICI
$29.2B
– –
-1,300,000
Closed -$29.4M
WAB icon
181
Wabtec
WAB
$49.9B
– –
-7,500
Closed -$539K
NEX
182
DELISTED
NexTier Oilfield Solutions Inc.
NEX
– –
-196,700
Closed -$1.19M
PDCE
183
DELISTED
PDC Energy, Inc.
PDCE
– –
-79,000
Closed -$2.19M
PRVB
184
DELISTED
Provention Bio, Inc. Common Stock
PRVB
– –
-20,000
Closed -$137K
AIMC
185
DELISTED
Altra Industrial Motion Corp
AIMC
– –
-100,000
Closed -$2.77M
AIMC
186
PUT
DELISTED
Altra Industrial Motion Corp
AIMC
– –
-100,000
Closed -$2.77M
TPTX
187
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
– –
-15,000
Closed -$564K
ALXN
188
DELISTED
Alexion Pharmaceuticals
ALXN
– –
-22,500
Closed -$2.2M
AMAG
189
DELISTED
AMAG Pharmaceuticals
AMAG
– –
-133,100
Closed -$1.54M
WMGI
190
DELISTED
Wright Medical Group Inc
WMGI
– –
-14,000
Closed -$289K
TGE
191
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
– –
-200,000
Closed -$4.03M
PVTL
192
DELISTED
Pivotal Software, Inc.
PVTL
– –
-1,564,830
Closed -$23.3M
ONCE
193
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
– –
-2,103,545
Closed -$204M
ONCE
194
PUT
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
– –
-998,000
Closed -$96.8M
CBM
195
DELISTED
Cambrex Corporation
CBM
– –
-33,000
Closed -$1.96M
VIAB
196
DELISTED
Viacom Inc. Class B
VIAB
– –
-2,000,100
Closed -$48.1M
GHDX
197
DELISTED
Genomic Health, Inc.
GHDX
– –
-440,000
Closed -$29.8M
BPL
198
DELISTED
Buckeye Partners, L.P.
BPL
– –
-125
Closed -$5K
CVRS
199
DELISTED
CORINDUS VASCULAR ROBOTICS, INC
CVRS
– –
-2,000,000
Closed -$8.56M
ALDR
200
DELISTED
Alder Biopharmaceuticals
ALDR
– –
-3,082,920
Closed -$58.1M
5 6 7
8
9

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 Q4 2019 Portfolio in Review

As of Q4 2019, Pentwater Capital Management held 207 positions worth $6.11B, down 4.4% from $6.4B the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Pentwater Capital Management withdrew a net $874M in Q4 2019, closing 56 positions and reducing 48 holdings. Its most notable exit was Celgene Corp, an estimated $615M position sold in full.

By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Pentwater Capital Management opened a new position in TD Ameritrade Holding Corp worth $253M.

  • Pentwater Capital Management's largest Q4 2019 buy was TD Ameritrade Holding Corp: 5,089,000 shares worth $253M.
  • Pentwater Capital Management added most to PG&E in Q4 2019, an estimated $105M increase.
  • Pentwater Capital Management's biggest Q4 2019 reduction was Wellcare Health Plans, Inc., cutting an estimated $122M.
  • Pentwater Capital Management fully exited Celgene Corp in Q4 2019, selling an estimated $615M.
  • Pentwater Capital Management's ten largest holdings make up 63% of its $6.11B portfolio in Q4 2019.
  • Pentwater Capital Management opened 52 new positions and closed 56 in Q4 2019.
  • Pentwater Capital Management's portfolio value fell 4.4% quarter-over-quarter to $6.11B.

Based on Pentwater Capital Management's 13F filing for Q4 2019, filed 14 Feb 2020.