Pentwater Capital Management L.P. 13F annual report
Pentwater Capital Management L.P. is an investment fund managing more than $4.61 trillion ran by Joyce Kalleekal. There are currently 49 companies in Mrs. Kalleekal’s portfolio. The largest investments include United States Stl Corp New and Hess, together worth $1.41 trillion.
$4.61 trillion Assets Under Management (AUM)
As of 24th July 2024, Pentwater Capital Management L.P.’s top holding is 20,210,000 shares of United States Stl Corp New currently worth over $764 billion and making up 16.6% of the portfolio value.
In addition, the fund holds 4,380,000 shares of Hess worth $646 billion, whose value grew 8.6% in the past six months.
The third-largest holding is Boeing Co worth $458 billion and the next is Endeavor Group Hldgs Inc worth $357 billion, with 13,200,000 shares owned.
Currently, Pentwater Capital Management L.P.'s portfolio is worth at least $4.61 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Pentwater Capital Management L.P.
The Pentwater Capital Management L.P. office and employees reside in Naples, Florida. According to the last 13-F report filed with the SEC, Joyce Kalleekal serves as the Chief Financial Officer at Pentwater Capital Management L.P..
Recent trades
In the most recent 13F filing, Pentwater Capital Management L.P. revealed that it had opened a new position in
United States Stl Corp New and bought 20,210,000 shares worth $764 billion.
The investment fund also strengthened its position in Boeing Co by buying
1,736,500 additional shares.
This makes their stake in Boeing Co total 2,516,500 shares worth $458 billion.
Boeing Co dropped 24.8% in the past year.
On the other hand, there are companies that Pentwater Capital Management L.P. is getting rid of from its portfolio.
Pentwater Capital Management L.P. closed its position in Twitter Inc on 31st July 2024.
It sold the previously owned 23,399,700 shares for $1.03 billion.
Joyce Kalleekal also disclosed a decreased stake in Hertz Global by 0.3%.
This leaves the value of the investment at $7.59 billion and 2,150,100 shares.
One of the largest hedge funds
The two most similar investment funds to Pentwater Capital Management L.P. are Aptus Capital Advisors and Pinnacle Partners Inc. They manage $4.61 trillion and $4.61 trillion respectively.
Joyce Kalleekal investment strategy
Pentwater Capital Management L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Industrials — making up 18.7% of
the total portfolio value.
The fund focuses on investments in the United States as
55.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
27% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $30.2 billion.
The complete list of Pentwater Capital Management L.P. trades based on 13F SEC filings
These positions were updated on July 31st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| United States Stl Corp New |
Opened
20,210,000
|
$763,938,000,000 | 16.57% |
| Hess Corporation |
Opened
4,380,000
|
$646,137,600,000 | 14.01% |
| Boeing Co. |
222.63%
2,516,500
|
$458,028,165,000 | 9.93% |
| Endeavor Group Hldgs Inc |
Opened
13,200,000
|
$356,796,000,000 | 7.74% |
| Juniper Networks Inc |
Opened
8,875,000
|
$323,582,500,000 | 7.02% |
| Spirit Aerosystems Holdings Inc |
Opened
9,016,000
|
$296,355,920,000 | 6.43% |
| HubSpot Inc |
Opened
470,000
|
$277,201,300,000 | 6.01% |
| Spdr S&p 500 Etf Tr |
305,500.00%
458,400
|
$249,470,448,000 | 5.41% |
| WestRock Co |
Opened
3,010,000
|
$151,282,600,000 | 3.28% |
| Ansys Inc. |
Opened
420,000
|
$135,030,000,000 | 2.93% |
| Hashicorp Inc |
Opened
2,720,500
|
$91,653,645,000 | 1.99% |
| Stericycle Inc. |
Opened
1,428,000
|
$83,009,640,000 | 1.80% |
| Cerevel Therapeutics Hldng I |
Opened
1,878,719
|
$76,820,820,000 | 1.67% |
| Crown Holdings, Inc. |
Opened
1,000,000
|
$74,390,000,000 | 1.61% |
| Vizio Hldg Corp |
Opened
6,800,000
|
$73,440,000,000 | 1.59% |
| Amedisys Inc. |
Opened
781,259
|
$71,719,576,000 | 1.56% |
| Capri Holdings Limited |
Opened
1,980,000
|
$65,498,400,000 | 1.42% |
| Nuvei Corporation |
Opened
2,000,000
|
$64,760,000,000 | 1.40% |
| Cytokinetics Inc |
Opened
1,119,000
|
$60,627,420,000 | 1.31% |
| Capital One Finl Corp |
Opened
245,000
|
$33,920,250,000 | 0.74% |
| Marathon Oil Corporation |
Opened
1,050,000
|
$30,103,500,000 | 0.65% |
| Liberty Media Corp. |
Opened
2,035,000
|
$45,083,100,000 | 0.98% |
| Ivanhoe Electric Inc |
565.04%
2,771,000
|
$25,991,980,000 | 0.56% |
| Powerschool Holdings Inc |
Opened
1,007,000
|
$22,546,730,000 | 0.49% |
| Perficient Inc. |
Opened
300,000
|
$22,437,000,000 | 0.49% |
| Equitrans Midstream Corporation |
Opened
1,420,000
|
$18,431,600,000 | 0.40% |
| Avis Budget Group Inc |
Opened
170,000
|
$17,768,400,000 | 0.39% |
| Poseida Therapeutics, Inc. |
No change
5,975,000
|
$17,447,000,000 | 0.38% |
| Hertz Global Holdings Inc. |
31.66%
2,150,100
|
$7,589,853,000 | 0.16% |
| Ncr Atleos Corporation |
Opened
250,000
|
$6,755,000,000 | 0.15% |
| Axonics Inc |
Opened
100,000
|
$6,723,000,000 | 0.15% |
| Teck Resources Ltd |
Opened
140,000
|
$6,706,000,000 | 0.15% |
| Douyu Intl Hldgs Ltd |
Opened
382,666
|
$4,205,499,000 | 0.09% |
| Trump Media & Technology Gro |
86.99%
126,000
|
$4,126,500,000 | 0.09% |
| Everbridge Inc |
Opened
101,390
|
$3,547,636,000 | 0.08% |
| Live Nation Entertainment In |
Opened
35,000
|
$3,280,900,000 | 0.07% |
| R1 RCM Inc. |
Opened
200,000
|
$2,512,000,000 | 0.05% |
| National Westn Life Group In |
Opened
5,000
|
$2,484,700,000 | 0.05% |
| Albertsons Cos Inc |
Opened
100,000
|
$1,975,000,000 | 0.04% |
| TELA Bio, Inc. |
30.52%
400,000
|
$1,880,000,000 | 0.04% |
| Broadcom Inc. |
Opened
1,000
|
$1,605,530,000 | 0.03% |
| Advanced Micro Devices Inc. |
87.41%
9,000
|
$1,459,890,000 | 0.03% |
| Twitter Inc |
Closed
23,399,700
|
$1,025,843,000 | |
| Rubrik Inc. |
Opened
30,000
|
$919,800,000 | 0.02% |
| Turquoise Hill Res Ltd |
Closed
28,924,882
|
$855,435,000 | |
| NVIDIA Corp |
Opened
5,000
|
$617,700,000 | 0.01% |
| Activision Blizzard Inc |
Closed
7,945,000
|
$590,631,000 | |
| Immunocore Hldgs Plc |
Opened
15,000
|
$508,350,000 | 0.01% |
| Avalara Inc |
Closed
4,726,000
|
$433,847,000 | |
| Citrix Sys Inc |
Closed
4,055,000
|
$421,315,000 | |
| PureTech Health plc |
Opened
16,193
|
$404,825,000 | 0.01% |
| Esperion Therapeutics Inc Ne |
28.93%
181,290
|
$402,464,000 | 0.01% |
| Zendesk Inc |
Closed
4,186,000
|
$318,555,000 | |
| Walkme Ltd |
Opened
18,000
|
$251,460,000 | 0.01% |
| Switch Inc |
Closed
7,200,000
|
$242,568,000 | |
| Global Blood Therapeutics In |
Closed
3,200,000
|
$217,920,000 | |
| Biohaven Pharmactl Hldg Co |
Closed
1,163,000
|
$175,811,000 | |
| TEGNA Inc |
Closed
8,351,000
|
$172,699,000 | |
| Shaw Communications Inc. |
Closed
6,489,841
|
$157,812,000 | |
| Store Cap Corp |
Closed
4,100,000
|
$128,453,000 | |
| Tsakos Energy Navigation Limited |
Closed
6,765,000
|
$117,643,000 | |
| Atlas Air Worldwide Hldgs In |
Closed
1,200,000
|
$114,684,000 | |
| Continental Res Inc |
Closed
1,662,500
|
$111,072,000 | |
| Vmware Inc. |
Closed
1,000,000
|
$106,460,000 | |
| ChemoCentryx Inc |
Closed
1,800,000
|
$92,988,000 | |
| First Horizon Corporation |
Closed
4,045,000
|
$92,631,000 | |
| Ping Identity Hldg Corp |
Closed
2,800,000
|
$78,596,000 | |
| NCR Corp. |
Closed
3,655,000
|
$69,482,000 | |
| Covetrus, Inc. |
Closed
3,115,000
|
$65,041,000 | |
| Sierra Wireless Inc |
Closed
2,100,000
|
$63,924,000 | |
| Moneygram International Inc. |
Closed
5,855,000
|
$60,892,000 | |
| LHC Group Inc |
Closed
365,000
|
$59,736,000 | |
| Alibaba Group Hldg Ltd |
Closed
740,000
|
$59,193,000 | |
| Btrs Holdings Inc |
Closed
5,359,000
|
$49,624,000 | |
| Freeport-McMoRan Inc |
Closed
1,350,000
|
$36,896,000 | |
| Rogers Corp. |
Closed
142,000
|
$34,347,000 | |
| Frontier Communications Pare |
Closed
1,195,000
|
$27,999,000 | |
| Nielsen Hldgs Plc |
Closed
1,000,000
|
$27,720,000 | |
| Disney Walt Co |
Closed
289,000
|
$27,261,000 | |
| Tower Semiconductor Ltd. |
Closed
620,000
|
$27,243,000 | |
| Signify Health, Inc. |
Closed
851,127
|
$24,810,000 | |
| Ironsource Ltd |
Closed
6,725,000
|
$23,134,000 | |
| Resolute Fst Prods Inc |
Closed
1,135,843
|
$22,717,000 | |
| 1Life Healthcare, Inc. |
Closed
1,321,000
|
$22,655,000 | |
| Atlas Corp. |
Closed
1,525,000
|
$21,198,000 | |
| Spectrum Brands Hldgs Inc Ne |
Closed
500,000
|
$19,515,000 | |
| Duke Realty Corp |
Closed
300,000
|
$14,460,000 | |
| Dine Brands Global Inc |
Closed
220,000
|
$13,983,000 | |
| Alleghany Corp Md |
Closed
16,000
|
$13,430,000 | |
| iStar Inc |
Closed
1,200,000
|
$11,112,000 | |
| Warner Bros.Discovery Inc |
Closed
932,500
|
$10,724,000 | |
| Douyu Intl Hldgs Ltd |
Closed
9,626,000
|
$9,626,000 | |
| Royal Caribbean Group |
Closed
206,700
|
$7,834,000 | |
| Cowen Inc |
Closed
201,689
|
$7,793,000 | |
| Sirius XM Holdings Inc |
Opened
2,200
|
$6,226,000 | 0.00% |
| Playtika Hldg Corp |
Closed
600,000
|
$5,634,000 | |
| Ihs Holding Limited |
Closed
822,575
|
$4,590,000 | |
| MGM Resorts International |
Closed
154,000
|
$4,577,000 | |
| Mirion Technologies Inc |
Closed
550,000
|
$4,109,000 | |
| Norwegian Cruise Line Hldg Ltd |
Closed
354,000
|
$4,021,000 | |
| Clarivate Plc |
Closed
155,000
|
$4,448,000 | |
| Vici Pptys Inc |
Closed
115,000
|
$3,433,000 | |
| Recursion Pharmaceuticals In |
Closed
300,000
|
$3,192,000 | |
| Dole plc |
Closed
350,000
|
$2,555,000 | |
| Marvell Technology Inc |
Closed
56,000
|
$2,403,000 | |
| JPMorgan Chase & Co. |
Closed
22,500
|
$2,351,000 | |
| Williams Cos Inc |
Closed
70,000
|
$2,004,000 | |
| Sutro Biopharma Inc |
Closed
360,000
|
$1,998,000 | |
| Caesars Entertainment Inc Ne |
Closed
60,000
|
$1,936,000 | |
| Avantor, Inc. |
Closed
97,900
|
$1,919,000 | |
| ZoomInfo Technologies Inc. |
Closed
45,000
|
$1,875,000 | |
| Ishares Tr |
Closed
10,000
|
$1,649,000 | |
| Corebridge Finl Inc |
Closed
80,000
|
$1,575,000 | |
| Synchrony Financial |
Closed
55,000
|
$1,550,000 | |
| Karuna Therapeutics Inc |
Closed
6,500
|
$1,462,000 | |
| Informatica Inc. |
Closed
70,000
|
$1,405,000 | |
| Nxp Semiconductors N V |
Closed
9,500
|
$1,401,000 | |
| Neogen Corp. |
Closed
87,310
|
$1,220,000 | |
| Bk Of America Corp |
Closed
40,000
|
$1,208,000 | |
| DXC Technology Co |
Closed
40,000
|
$979,000 | |
| Renalytix Plc |
Closed
716,824
|
$918,000 | |
| Shift4 Pmts Inc |
Closed
20,000
|
$892,000 | |
| Gold Fields Ltd |
Closed
95,000
|
$769,000 | |
| Spirit Airls Inc |
Closed
30,000
|
$565,000 | |
| Knowbe4 Inc |
Closed
25,000
|
$520,000 | |
| Borr Drilling Ltd |
Closed
125,000
|
$415,000 | |
| Weibo Corp |
Closed
19,420
|
$332,000 | |
| Lsb Inds Inc |
Closed
20,000
|
$285,000 | |
| Amazon.com Inc. |
Closed
2,000
|
$226,000 | |
| Grid Dynamics Holdings, Inc. |
Closed
10,000
|
$187,000 | |
| No transactions found | |||
| Showing first 500 out of 130 holdings | |||
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