Latest Pentwater Capital Management LP Stock Portfolio

Pentwater Capital Management LP Performance:

2024 Q3: -1.12%YTD: -1.39%2023: 2.91%

Performance for 2024 Q3 is -1.12%, and YTD is -1.39%, and 2023 is 2.91%.

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 $9.7 Billions as of 30 Sep, 2024.

The top stock holdings of Pentwater Capital Management LP are X, HES, SPY. The fund has invested 7.2% of it's portfolio in UNITED STATES STL CORP and 6.2% of portfolio in HESS CORP.

The fund managers got completely rid off WESTROCK CO (WRK), LIBERTY MEDIA CORP DEL (BATRA) and EQUITRANS MIDSTREAM CORP (ETRN) stocks. They significantly reduced their stock positions in TRUMP MEDIA & TECHNOLOGY GRO (DWAC), HERTZ GLOBAL HLDGS INC (HTZ) and NCR ATLEOS CORPORATION. Pentwater Capital Management LP opened new stock positions in KELLANOVA (K), SMARTSHEET INC (SMAR) and PARAMOUNT GLOBAL (PARA). The fund showed a lot of confidence in some stocks as they added substantially to CARNIVAL CORP (CCL), AVIS BUDGET GROUP (CAR) and MARATHON OIL CORP (MRO).

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

Our best estimate is that Pentwater Capital Management LP made a return of -1.12% in the last quarter. In trailing 12 months, it's portfolio return was 3.92%.

New Buys

Ticker	$ Bought
kellanova	428,110,000
smartsheet inc	378,828,000
paramount global	53,094,700
synopsys inc	48,107,000
petiq inc	19,877,400
siriusxm holdings inc	16,141,300
liberty broadband corp	15,458,000
liberty media corp del	6,851,780

New stocks bought by Pentwater Capital Management LP

Additions

Ticker	% Inc.
carnival corp	614
avis budget group	180
marathon oil corp	139
stericycle inc	99.09
rubrik inc.	83.33
broadcom inc	70.00
spdr s&p 500 etf tr	67.98
axonics inc	57.8

Additions to existing portfolio by Pentwater Capital Management LP

Reductions

Ticker	% Reduced
trump media & technology gro	-92.06
hertz global hldgs inc	-62.77
ncr atleos corporation	-60.00
advanced micro devices inc	-44.44
hubspot inc	-39.51
capri holdings limited	-26.77
hashicorp inc	-17.29
boeing co	-6.22

Pentwater Capital Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
westrock co	-151,283,000
equitrans midstream corp	-18,431,600
liberty media corp del	-27,687,500
ncl corp ltd	-924,867
liberty media corp del	-17,395,600
douyu intl hldgs ltd	-4,205,500
r1 rcm inc	-2,512,000
everbridge inc	-3,547,640

Pentwater Capital Management LP got rid off the above stocks

Sector Distribution

Pentwater Capital Management LP has about 24.3% of it's holdings in Technology sector.

Sector	%
Technology	24.3
Industrials	16
Basic Materials	13.3
Energy	12.3
Others	10.3
Communication Services	8.7
Consumer Defensive	7.9
Healthcare	3.9
Consumer Cyclical	3.2

Market Cap. Distribution

Pentwater Capital Management LP has about 42.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	45.9
LARGE-CAP	42.5
UNALLOCATED	10.3
SMALL-CAP	1.2

Stocks belong to which Index?

About 43.8% of the stocks held by Pentwater Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	56.2
S&P 500	39
RUSSELL 2000	4.8

Top 5 Winners (%)		%
CCK	crown hldgs inc	28.6 %
CPRI	capri holdings limited	22.1 %
SMAR	smartsheet inc	13.4 %
SWN	southwestern energy co	10.2 %
CCL	carnival corp	6.1 %

Top 5 Winners ($)		$
SMAR	smartsheet inc	44.9 M
JNPR	juniper networks inc	23.0 M
EDR	endeavor group hldgs inc	22.0 M
CCK	crown hldgs inc	21.2 M
SPY	spdr s&p 500 etf tr	19.5 M

Top 5 Losers (%)		%
TELA	tela bio inc	-42.3 %
ESPR	esperion therapeutics inc ne	-25.7 %
BA	boeing co	-15.7 %
HUBS	hubspot inc	-12.1 %
IE	ivanhoe electric inc	-9.8 %

Top 5 Losers ($)		$
BA	boeing co	-72.0 M
HES	hess corp	-51.4 M
X	united states stl corp	-48.9 M
HUBS	hubspot inc	-33.6 M
MRO	marathon oil corp	-4.0 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 43.4% of the portfolio is in top 10 stocks. BA proved to be the most loss making stock for the portfolio. SMAR was the most profitable stock for Pentwater Capital Management LP last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AHH	armada hoffler pptys inc	0.00	20,000	216,600	new

AMD	advanced micro devices inc	0.01	5,000	820,400	reduced	-44.44

AMED	amedisys inc	1.07	1,075,000	103,748,000	added	37.6

ANSS	ansys inc	1.39	422,000	134,462,000	added	0.48

AVGO	broadcom inc	0.03	17,000	2,932,500	added	70.00

AXNX	axonics inc	0.11	157,800	10,982,900	added	57.8

BA	boeing co	3.70	2,360,000	358,814,000	reduced	-6.22

BATRA	liberty media corp del	0.07	133,485	6,851,780	new

BATRA	liberty media corp del	0.01	25,000	1,237,750	new

BATRA	liberty media corp del	0.00	0.00	0.00	sold off	-100

BATRA	liberty media corp del	0.00	0.00	0.00	sold off	-100

CAR	avis budget group	0.43	477,000	41,780,400	added	180

CCK	crown hldgs inc	0.95	965,000	92,524,200	reduced	-3.5

CCL	carnival corp	0.19	1,000,000	18,480,000	added	614

CPRI	capri holdings limited	0.63	1,450,000	61,538,000	reduced	-26.77

CYTK	cytokinetics inc	0.60	1,100,000	58,080,000	reduced	-1.7

DOYU	douyu intl hldgs ltd	0.00	0.00	0.00	sold off	-100

DWAC	trump media & technology gro	0.00	10,000	160,700	reduced	-92.06

DWAC	trump media & technology gro	0.00	10,000	103,500	new

EDR	endeavor group hldgs inc	4.35	14,800,000	422,688,000	added	12.12