Latest Pentwater Capital Management LP Stock Portfolio

$7.80Billion– No. of Holdings #51

Pentwater Capital Management LP Performance:

2024 Q2: -3.58%YTD: -0.27%2023: 39.86%

Performance for 2024 Q2 is -3.58%, and YTD is -0.27%, and 2023 is 39.86%.

About Pentwater Capital Management LP and 13F Hedge Fund Stock Holdings

Pentwater Capital Management LP is a hedge fund based in NAPLES, FL. On 28-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $5.9 Billions. In it's latest 13F Holdings report, Pentwater Capital Management LP reported an equity portfolio of $7.8 Billions as of 30 Jun, 2024.

The top stock holdings of Pentwater Capital Management LP are X, HES, BA. The fund has invested 9.8% of it's portfolio in UNITED STATES STL CORP NEW and 8.3% of portfolio in HESS CORP.

The fund managers got completely rid off PIONEER NAT RES CO (PXD), TRICON RESIDENTIAL INC (TCN) and DISCOVER FINL SVCS (DFS) stocks. They significantly reduced their stock positions in ALBERTSONS COS INC (ACI), BROADCOM INC (AVGO) and NCR ATLEOS CORPORATION. Pentwater Capital Management LP opened new stock positions in SPIRIT AEROSYSTEMS HLDGS INC (SPR), HUBSPOT INC (HUBS) and HASHICORP INC (HCP). The fund showed a lot of confidence in some stocks as they added substantially to VIZIO HLDG CORP (VZIO), NUVEI CORPORATION (NVEI) and ENDEAVOR GROUP HLDGS INC (EDR).

Pentwater Capital Management LP Equity Portfolio Value

Last Reported on: 31 Jul, 2024

Pentwater Capital Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Pentwater Capital Management LP made a return of -3.58% in the last quarter. In trailing 12 months, it's portfolio return was 35.39%.

New Buys

Ticker	$ Bought
spirit aerosystems hldgs inc	296,356,000
hubspot inc	277,201,000
hashicorp inc	91,653,600
stericycle inc	83,009,600
capital one finl corp	33,920,200
marathon oil corp	30,103,500
powerschool holdings inc	22,546,700
perficient inc	22,437,000

New stocks bought by Pentwater Capital Management LP

Additions

Ticker	% Inc.
vizio hldg corp	1,294
nuvei corporation	1,233
endeavor group hldgs inc	456
crown hldgs inc	358
trump media & technology gro	322
avis budget group	150
tela bio inc	29.6
advanced micro devices inc	28.57

Additions to existing portfolio by Pentwater Capital Management LP

Reductions

Ticker	% Reduced
albertsons cos inc	-85.29
broadcom inc	-80.00
ncr atleos corporation	-78.35
hertz global hldgs inc	-69.02
esperion therapeutics inc ne	-59.57
ansys inc	-49.57
teck resources ltd	-46.15
capri holdings limited	-37.34

Pentwater Capital Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
tricon residential inc	-223,000,000
pioneer nat res co	-1,895,250,000
fusion pharmaceuticals inc	-80,627,500
dish network corporation	-1,260,660
discover finl svcs	-203,190,000
sp plus corp	-68,262,000
enerplus corp	-25,459,700
olink hldg ab	-15,046,400

Pentwater Capital Management LP got rid off the above stocks

Sector Distribution

Pentwater Capital Management LP has about 20.7% of it's holdings in Technology sector.

Sector	%
Technology	20.7
Industrials	18.7
Basic Materials	17.1
Energy	15.1
Others	8.3
Communication Services	7.8
Consumer Cyclical	6.4
Healthcare	5.2

Market Cap. Distribution

Pentwater Capital Management LP has about 46.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	46.3
MID-CAP	44
UNALLOCATED	8.3

Stocks belong to which Index?

About 46.9% of the stocks held by Pentwater Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	53.1
S&P 500	38.7
RUSSELL 2000	8.2

Top 5 Winners (%)		%
CCL	carnival corp	24.1 %
SRCL	stericycle inc	14.6 %
PWSC	powerschool holdings inc	7.7 %
AVGO	broadcom inc	5.3 %
SPY	spdr s&p 500 etf tr	4.0 %

Top 5 Winners ($)		$
SRCL	stericycle inc	10.6 M
SPY	spdr s&p 500 etf tr	9.7 M
EDR	endeavor group hldgs inc	7.6 M
SPR	spirit aerosystems hldgs inc	5.5 M
HCP	hashicorp inc	2.1 M

Top 5 Losers (%)		%
NVDA	nvidia corporation	-85.8 %
HTZ	hertz global hldgs inc	-44.9 %
CPRI	capri holdings limited	-25.0 %
CYTK	cytokinetics inc	-22.4 %
TELA	tela bio inc	-15.4 %

Top 5 Losers ($)		$
X	united states stl corp new	-49.3 M
CPRI	capri holdings limited	-35.7 M
HTZ	hertz global hldgs inc	-24.4 M
HES	hess corp	-22.2 M
BA	boeing co	-21.1 M

Pentwater Capital Management LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Pentwater Capital Management LP

Pentwater Capital Management LP has 51 stocks in it's portfolio. About 46.9% of the portfolio is in top 10 stocks. X proved to be the most loss making stock for the portfolio. SRCL was the most profitable stock for Pentwater Capital Management LP last quarter.

Last Reported on: 31 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACI	albertsons cos inc	0.03	100,000	1,975,000	reduced	-85.29

AMD	advanced micro devices inc	0.02	9,000	1,459,890	added	28.57

AMED	amedisys inc	0.92	781,259	71,719,600	added	22.07

ANSS	ansys inc	1.73	420,000	135,030,000	reduced	-49.57

AVGO	broadcom inc	0.02	10,000	1,605,530	reduced	-80.00

AXNX	axonics inc	0.09	100,000	6,723,000	reduced	-33.51

BA	boeing co	5.87	2,516,500	458,028,000	added	19.73

BABA	alibaba group hldg ltd	0.00	0.00	0.00	sold off	-100

BATRA	liberty media corp del	0.36	1,250,000	27,687,500	unchanged	0.00

BATRA	liberty media corp del	0.22	785,000	17,395,600	added	7.53

BWMN	bowman consulting group ltd	0.00	0.00	0.00	sold off	-100

CAR	avis budget group	0.23	170,000	17,768,400	added	150

CCK	crown hldgs inc	0.95	1,000,000	74,390,000	added	358

CCL	carnival corp	0.03	140,000	2,620,800	new

CERE	cerevel therapeutics hldng i	0.98	1,878,720	76,820,800	reduced	-15.37

CHK	chesapeake energy corp	0.00	0.00	0.00	sold off	-100

COF	capital one finl corp	0.44	245,000	33,920,200	new

CPRI	capri holdings limited	0.84	1,980,000	65,498,400	reduced	-37.34

CYTK	cytokinetics inc	0.78	1,119,000	60,627,400	added	3.61

DFS	discover finl svcs	0.00	0.00	0.00	sold off	-100