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Pentwater Capital Management Portfolio holdings

AUM $19.3B
1-Year Est. Return 58.13%
This Fund
S&P 500
This Quarter Est. Return
+16.14%
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
$10.3B
AUM Growth
+$4.64B
Cap. Flow
+$4.08B
Cap. Flow %
39.44%
Top 10 Hldgs %
58.55%
Holding
192
New
69
Increased
39
Reduced
26
Closed
48

Top Buys

Rank Stock Value
1
ATVI
Activision Blizzard
ATVI
+$539M
2
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
+$283M
3
SGEN
Seagen Inc. Common Stock
SGEN
+$281M
4
NATI
National Instruments Corp
NATI
+$241M
5
UNVR
Univar Solutions Inc.
UNVR
+$189M

Top Sells

Rank Stock Value
1
STOR
STORE Capital Corporation
STOR
+$208M
2
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
+$122M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$107M
4
SWIR
Sierra Wireless
SWIR
+$63.5M
5
SGFY
Signify Health, Inc.
SGFY
+$58.5M

Sector Composition

Rank Sector Weight
1 Technology 21.84%
2 Healthcare 13%
3 Industrials 5.98%
4 Communication Services 4.91%
5 Financials 2.71%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ATVI
1
PUT
DELISTED
Activision Blizzard
ATVI
$2.01B 19.41%
23,440,000
+11,833,700
+102% +$919M
ATVI
2
DELISTED
Activision Blizzard
ATVI
$1.32B 12.74%
15,390,000
+6,940,000
+82% +$539M
HZNP
3
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
$666M 6.44%
6,100,000
+2,560,344
+72% +$283M
SPY icon
4
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$781B
$391M 3.78%
955,500
-627,400
-40% -$250M
SGEN
5
DELISTED
Seagen Inc. Common Stock
SGEN
$355M 3.44%
+1,755,000
New +$281M
SJR
6
DELISTED
Shaw Communications Inc.
SJR
$319M 3.09%
10,679,241
+2,548,000
+31% +$73.8M
VMW
7
DELISTED
VMware, Inc
VMW
$308M 2.98%
2,470,000
+1,319,000
+115% +$158M
NATI
8
DELISTED
National Instruments Corp
NATI
$252M 2.43%
+4,800,000
New +$241M
VMW
9
PUT
DELISTED
VMware, Inc
VMW
$225M 2.18%
+1,801,700
New +$216M
DEN
10
DELISTED
Denbury Inc.
DEN
$213M 2.06%
2,435,000
+1,840,000
+309% +$155M
SGEN
11
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
$212M 2.05%
+1,045,000
New +$168M
UNVR
12
DELISTED
Univar Solutions Inc.
UNVR
$201M 1.95%
5,750,000
+5,585,000
+3,385% +$189M
AQUA
13
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
$184M 1.78%
+3,700,000
New +$173M
AJRD
14
DELISTED
Aerojet Rocketdyne Holdings
AJRD
$178M 1.73%
3,175,000
+2,575,000
+429% +$144M
OSH
15
DELISTED
Oak Street Health, Inc.
OSH
$161M 1.56%
+4,172,100
New +$135M
HZNP
16
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
$153M 1.48%
1,400,000
-1,371,700
-49% -$152M
ATVI
17
CALL
DELISTED
Activision Blizzard
ATVI
$134M 1.29%
+1,563,500
New +$121M
BA icon
18
Boeing
BA
$165B
$132M 1.28%
622,500
+119,500
+24% +$24.8M
AMC icon
19
PUT
AMC Entertainment Holdings
AMC
$2.03B
$113M 1.1%
2,263,970
+1,972,970
+678% +$104M
AVGO icon
20
PUT
Broadcom
AVGO
$1.82T
$111M 1.07%
1,726,000
+631,000
+58% +$38M
KRE icon
21
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.86B
$110M 1.06%
+2,510,000
New +$142M
KRE icon
22
State Street SPDR S&P Regional Banking ETF
KRE
$4.86B
$101M 0.98%
+2,310,000
New +$131M
FHN icon
23
First Horizon
FHN
$12.1B
$94.2M 0.91%
5,300,000
+1,150,000
+28% +$25.6M
WWE
24
PUT
DELISTED
World Wrestling Entertainment
WWE
$85.8M 0.83%
+939,900
New +$80.4M
XM
25
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
$84.9M 0.82%
+4,760,000
New +$72.8M
1
2 3 4 5

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MGP
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A
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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
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SOMRS
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Pentwater Capital Management's Q1 2023 Portfolio in Review

As of Q1 2023, Pentwater Capital Management held 192 positions worth $10.3B, up 81% from $5.7B the previous quarter. Its ten largest holdings account for 59% of the portfolio.

Pentwater Capital Management deployed $4.08B of net new capital in Q1 2023, opening 69 new positions and adding to 39 existing holdings. Its largest new stake was Seagen Inc. Common Stock: 1,755,000 shares worth $355M.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 18% a quarter earlier, followed by Healthcare and Industrials.

On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $107M trimmed.

  • Pentwater Capital Management's largest Q1 2023 buy was Seagen Inc. Common Stock: 1,755,000 shares worth $355M.
  • Pentwater Capital Management added most to Activision Blizzard in Q1 2023, an estimated $539M increase.
  • Pentwater Capital Management's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $107M.
  • Pentwater Capital Management fully exited STORE Capital Corporation in Q1 2023, selling an estimated $208M.
  • Pentwater Capital Management's ten largest holdings make up 59% of its $10.3B portfolio in Q1 2023.
  • Pentwater Capital Management opened 69 new positions and closed 48 in Q1 2023.
  • Pentwater Capital Management's portfolio value rose 81% quarter-over-quarter to $10.3B.

Based on Pentwater Capital Management's 13F filing for Q1 2023, filed 15 May 2023.