Pentwater Capital Management LP
Follow13F filer, CIK 1425851, Naples, FL
Pentwater Capital Management LP reported $9,707,082,176 across 95 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 77.28% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001140361-24-046937
- Period
- 2024-09-30
- Reported value
- $9.71B
- Holdings
- 95
- Top 10 weight
- 77.28%
- New
- 28
- Sold out
- 27
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| Knew | +5,304,300 | $428M |
| SMARTSHEET INC. (CLASS A)new | +6,843,000 | $379M |
| SPYadded | +311,600 | $179M |
| STERICYCLE INCadded | +1,415,000 | $86.3M |
| JUNIPER NETWORKS INCadded | +1,645,000 | $64.1M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| WESTROCK COexited | -3,010,000 | -$151M |
| HUBSreduced | -185,700 | -$98.7M |
| CEREVEL THERAPEUTICS HLDNG Iexited | -1,878,719 | -$76.8M |
| COFexited | -245,000 | -$33.9M |
| LIBERTY MEDIA CORP DEL COM …exited | -1,250,000 | -$27.7M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2024
Share positions as resolved from 13F-HR 0001140361-24-046937, largest first. % of portfolio is the value over $5,456,870,396, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW | 19,900,000 | $703M | 12.88% | -310,000 | |||
| HESS CORPHESS CORP | 4,450,000 | $604M | 11.07% | +70,000 | |||
| SPYSTATE STR SPDR S&P 500 ETF T | 770,000 | $442M | 8.1% | +311,600 | Timeline | ||
| KKELLANOVA | 5,304,300 | $428M | 7.85% | new | Timeline | ||
| EDRENDEAVOR GROUP HLDGS INC | 14,800,000 | $423M | 7.75% | +1,600,000 | Timeline | ||
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 10,520,000 | $410M | 7.51% | +1,645,000 | |||
| SMARTSHEET INC. (CLASS A)SMARTSHEET INC. (CLASS A) | 6,843,000 | $379M | 6.94% | new | |||
| BABOEING CO | 2,360,000 | $359M | 6.58% | -156,500 | Timeline | ||
| SPRSPIRIT AEROSYSTEMS HLDGS INC | 9,100,000 | $296M | 5.42% | +84,000 | Timeline | ||
| STERICYCLE INCSTERICYCLE INC | 2,843,000 | $173M | 3.18% | +1,415,000 | |||
| HUBSHUBSPOT INC | 284,300 | $151M | 2.77% | -185,700 | Timeline | ||
| ANSYS INCANSYS INC | 422,000 | $134M | 2.46% | +2,000 | |||
| AMEDISYS INCAMEDISYS INC | 1,075,000 | $104M | 1.9% | +293,741 | |||
| CCKCROWN HLDGS INC | 965,000 | $92.5M | 1.7% | -35,000 | Timeline | ||
| HASHICORP INCHASHICORP INC | 2,250,000 | $76.2M | 1.4% | -470,500 | |||
| VIZIO HOLDING CORPVIZIO HOLDING CORP | 6,750,000 | $75.4M | 1.38% | -50,000 | |||
| MARATHON OIL CORPMARATHON OIL CORP | 2,519,800 | $67.1M | 1.23% | +1,469,800 | |||
| NUVEI CORPORATIONNUVEI CORPORATION | 2,000,000 | $66.7M | 1.22% | 0 | |||
| CPRICAPRI HOLDINGS LIMITED | 1,450,000 | $61.5M | 1.13% | -530,000 | Timeline | ||
| CYTKCYTOKINETICS INC | 1,100,000 | $58.1M | 1.06% | -19,000 | Timeline | ||
| PARAMOUNT GLOBALPARAMOUNT GLOBAL | 4,999,500 | $53.1M | 0.97% | new | |||
| SNPSSYNOPSYS INC | 95,000 | $48.1M | 0.88% | new | Timeline | ||
| CARAVIS BUDGET GROUP INC | 477,000 | $41.8M | 0.77% | +307,000 | Timeline | ||
| IEIVANHOE ELECTRIC INC | 2,753,000 | $23.3M | 0.43% | -18,000 | Timeline | ||
| POWERSCHOOL HOLDINGS INCPOWERSCHOOL HOLDINGS INC | 1,007,000 | $23M | 0.42% | 0 | |||
| PERFICIENT INCPERFICIENT INC | 300,000 | $22.6M | 0.41% | 0 | |||
| PETIQ INCPETIQ INC | 646,000 | $19.9M | 0.36% | new | |||
| CCLCARNIVAL CORP | 1,000,000 | $18.5M | 0.34% | +860,000 | Timeline | ||
| POSEIDA THERAPEUTICS INCPOSEIDA THERAPEUTICS INC | 5,975,000 | $17.1M | 0.31% | 0 | |||
| SIRISIRIUSXM HOLDINGS INC | 682,507 | $16.1M | 0.3% | new | Timeline | ||
| LBRDKLIBERTY BROADBAND CORP | 200,000 | $15.5M | 0.28% | new | Timeline | ||
| AXONICS INCAXONICS INC | 157,800 | $11M | 0.2% | +57,800 | |||
| TECKTECK RESOURCES LTD | 140,000 | $7.31M | 0.13% | 0 | Timeline | ||
| LLYVKLIBERTY MEDIA CORP DEL | 133,485 | $6.85M | 0.13% | new | Timeline | ||
| AVGOBROADCOM INC | 17,000 | $2.93M | 0.05% | +16,000 | Timeline | ||
| NATLNCR ATLEOS CORPORATION | 100,000 | $2.85M | 0.05% | -150,000 | Timeline | ||
| HTZHERTZ GLOBAL HLDGS INC | 800,500 | $2.64M | 0.05% | -1,349,600 | Timeline | ||
| RBRKRUBRIK INC. | 55,000 | $1.77M | 0.03% | +25,000 | Timeline | ||
| RDDTREDDIT INC | 25,000 | $1.65M | 0.03% | new | Timeline | ||
| SNOWSNOWFLAKE INC | 12,000 | $1.38M | 0.03% | new | Timeline | ||
| TELATELA BIO INC | 500,000 | $1.26M | 0.02% | +100,000 | Timeline | ||
| LLYVALIBERTY MEDIA CORP | 25,000 | $1.24M | 0.02% | new | Timeline | ||
| AMDADVANCED MICRO DEVICES INC | 5,000 | $820K | 0.02% | -4,000 | Timeline | ||
| ALABASTERA LABS INC | 10,000 | $524K | 0.01% | new | Timeline | ||
| PRTCYPURETECH HEALTH PLC | 25,000 | $515K | 0.01% | +8,807 | Timeline | ||
| ESPRESPERION THERAPEUTICS INC NE | 181,290 | $299K | 0.01% | 0 | Timeline | ||
| AHRTAH RLTY TR INC | 20,000 | $217K | <0.01% | new | Timeline | ||
| DJTTRUMP MEDIA & TECHNOLOGY GRO | 10,000 | $161K | <0.01% | -116,000 | Timeline | ||
| PARAMOUNT GLOBALPARAMOUNT GLOBAL | 7,041 | $154K | <0.01% | new | |||
| SOUTHWESTERN ENERGY COSOUTHWESTERN ENERGY CO | 20,000 | $142K | <0.01% | new | |||
| DJTWWTRUMP MEDIA & TECHNOLOGY GRO | 10,000 | $104K | <0.01% | new | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 4,062,500 | $2.33B | +1,557,500 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | put | 12,557,300 | $444M | -984,600 |
| BABOEING CO COM | call | 1,550,000 | $236M | +1,080,000 |
| BABOEING CO COM | put | 1,240,000 | $189M | -255,000 |
| CPRICAPRI HOLDINGS LIMITED SHS | put | 3,050,900 | $129M | 0 |
| ANSYS INCANSYS INC COM | put | 400,000 | $127M | new |
| HUBSHUBSPOT INC STOK | put | 200,500 | $107M | -88,500 |
| HESS CORPHESS CORP COM | put | 780,000 | $106M | 0 |
| TKOTKO GROUP HOLDINGS INC Stock | put | 676,800 | $83.7M | new |
| CVXCHEVRON CORPORATION COM | call | 500,000 | $73.6M | +50,000 |
| AMEDISYS INCAMEDISYS INC COM | put | 651,000 | $62.8M | 0 |
| SNPSSYNOPSYS INC Stock | put | 121,000 | $61.3M | -14,000 |
| SMARTSHEET INC. (CLASS A)SMARTSHEET INC. (CLASS A) COM CL A | put | 1,005,000 | $55.6M | new |
| CYTKCYTOKINETICS INC COM NEW | put | 920,900 | $48.6M | 0 |
| CCKCROWN HLDGS INC Stock | put | 380,000 | $36.4M | 0 |
| PARAMOUNT GLOBALPARAMOUNT GLOBAL CLASS B COM | put | 2,651,300 | $28.2M | new |
| SNPSSYNOPSYS INC Stock | call | 40,000 | $20.3M | 0 |
| CYTKCYTOKINETICS INC COM NEW | call | 280,000 | $14.8M | 0 |
| AVGOBROADCOM INC COM | call | 75,000 | $12.9M | +67,500 |
| CARAVIS BUDGET GROUP INC COM | put | 140,000 | $12.3M | +130,000 |
| TECKTECK RESOURCES LTD Stock | put | 230,000 | $12M | 0 |
| ACIALBERTSONS COMPANIES INC Stock | put | 400,000 | $7.39M | -300,000 |
| CVXCHEVRON CORPORATION COM | put | 50,000 | $7.36M | -50,000 |
| CCLCARNIVAL CORP Stock | put | 350,000 | $6.47M | +250,000 |
| VYXNCR VOYIX CORPORATION COM | call | 400,000 | $5.43M | 0 |
| RSPINVESCO EXCHANGE TRADED FD T COM | put | 25,000 | $4.48M | -25,000 |
| AVGOBROADCOM INC COM | put | 25,000 | $4.31M | +22,000 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | call | 100,000 | $3.53M | new |
| CARAVIS BUDGET GROUP INC COM | call | 40,000 | $3.5M | 0 |
| DJTTRUMP MEDIA & TECHNOLOGY GRO COM | put | 195,000 | $3.13M | new |
| TKOTKO GROUP HOLDINGS INC Stock | call | 20,000 | $2.47M | new |
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC COM | put | 59,400 | $2.32M | 0 |
| AMDADVANCED MICRO DEVICES INC COM | call | 12,000 | $1.97M | +2,000 |
| AMDADVANCED MICRO DEVICES INC COM | put | 10,000 | $1.64M | 0 |
| RBRKRUBRIK INC. CL A | put | 35,000 | $1.13M | +20,000 |
| OHIOMEGA HEALTHCARE INVS INC REIT | put | 20,000 | $814K | new |
| COFCAPITAL ONE FINL CORP COM | put | 5,000 | $749K | -230,000 |
| PLTRPALANTIR TECHNOLOGIES INC COM | put | 20,000 | $744K | new |
| DJTTRUMP MEDIA & TECHNOLOGY GRO COM | call | 45,000 | $723K | +35,000 |
| SNOWSNOWFLAKE INC Stock | put | 5,000 | $574K | new |
| RBRKRUBRIK INC. CL A | call | 10,000 | $322K | new |
| TALOTALOS ENERGY INC COM | call | 25,000 | $259K | new |
| MBLYMOBILEYE GLOBAL INC COMMON CLASS A | call | 10,000 | $137K | 0 |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| Esperion Therapeutics IncEsperion Therapeutics Inc NOTE 4.000%11/15/25 | principal | 10,861,000 | $10.3M | 0 |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| WESTROCK COWESTROCK CO | 3,010,000 | $151M | shares |
| CEREVEL THERAPEUTICS HLDNG ICEREVEL THERAPEUTICS HLDNG I | 1,878,719 | $76.8M | shares |
| GOOGALPHABET INC | 350,000 | $64.2M | call |
| COFCAPITAL ONE FINL CORP | 245,000 | $33.9M | shares |
| LIBERTY MEDIA CORP DEL COM …LIBERTY MEDIA CORP DEL COM LBTY S… | 1,250,000 | $27.7M | shares |
| EQUITRANS MIDSTREAM CORP NPVEQUITRANS MIDSTREAM CORP NPV | 1,420,000 | $18.4M | shares |
| GOOGALPHABET INC | 100,000 | $18.3M | put |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL | 785,000 | $17.4M | shares |
| CEREVEL THERAPEUTICS HLDNG ICEREVEL THERAPEUTICS HLDNG I | 400,000 | $16.4M | put |
| SIRIUS XM HOLDINGS INCSIRIUS XM HOLDINGS INC | 3,135,000 | $8.87M | put |
| XBISPDR SERIES TRUST | 75,000 | $6.95M | put |
| IWMISHARES TR | 25,000 | $5.07M | put |
| HUBSHUBSPOT INC | 8,200 | $4.84M | call |
| DOYUDOUYU INTL HLDGS LTD | 382,666 | $4.21M | shares |
| EVERBRIDGE INCEVERBRIDGE INC | 101,390 | $3.55M | shares |
| LYVLIVE NATION ENTERTAINMENT IN | 35,000 | $3.28M | shares |
| AMCAMC ENTMT HLDGS INC | 550,000 | $2.74M | put |
| R1 RCM INCR1 RCM INC | 200,000 | $2.51M | shares |
| NATIONAL WESTN LIFE GROUP INNATIONAL WESTN LIFE GROUP IN | 5,000 | $2.48M | shares |
| ACIALBERTSONS COMPANIES INC | 100,000 | $1.98M | shares |
| NVDANVIDIA CORPORATION | 10,000 | $1.24M | put |
| NCL CORP LTDNCL CORP LTD | 1,000,000 | $925K | principal |
| NVDANVIDIA CORPORATION | 5,000 | $618K | shares |
| IMCRIMMUNOCORE HLDGS PLC | 15,000 | $508K | shares |
| IMCRIMMUNOCORE HLDGS PLC | 10,000 | $339K | put |
| WALKME LTD ORD SHSWALKME LTD ORD SHS | 18,000 | $251K | shares |
| SIRIUS XM HOLDINGS INCSIRIUS XM HOLDINGS INC | 2,200 | $6.23K | shares |
How Q3 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001140361-24-046937 | base | 2024-11-14 | acceptance time not in the bulk data set |