Pentwater Capital Management LP portfolio
Managed by . 60 reported positions worth $14.1B as of 2026-03-31, filed with the SEC on 2026-05-15. Parsed from the filing itself, not a reseller.
Every position on this page is a snapshot of 2026-03-31. It was already 45 days old on 2026-05-15, the day it first became public. Today it is 134 days old.
That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.
Positions opened and closed
Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| MASI* | MASIMO CORP | $564.9M | 3,176,000 | 4.01% |
| ACLXGBX | ARCELLX INC | $329.5M | 2,870,000 | 2.34% |
| 260 | CENTESSA PHARMACEUTICALS PLC | $324.5M | 8,170,000 | 2.31% |
| APLSUSD | APELLIS PHARMACEUTICALS INC | $211.2M | 5,250,000 | 1.50% |
| WBS | WEBSTER FINL CORP | $129.5M | 1,866,090 | 0.92% |
| SLAB | SILICON LABORATORIES INC | $104.1M | 500,000 | 0.74% |
| CZR | CAESARS ENTERTAINMENT INC NE | $70.0M | 2,650,000 | 0.50% |
| UAL | UNITED AIRLS HLDGS INC | $46.0M | 500,000 | 0.33% |
| K4F | ONESTREAM INC | $45.4M | 1,890,000 | 0.32% |
| HCA | HCA HEALTHCARE INC | $35.5M | 75,000 | 0.25% |
| QQQ | INVESCO QQQ TR | $34.6M | 60,000 | 0.25% |
| PNFP | PINNACLE FINL PARTNERS INC | $25.8M | 300,000 | 0.18% |
| THC | TENET HEALTHCARE CORP | $23.6M | 125,000 | 0.17% |
| ORCL | ORACLE CORP | $22.8M | 155,000 | 0.16% |
| DAWNGBX | DAY ONE BIOPHARMACEUTICALS I | $17.2M | 800,000 | 0.12% |
| GPCR | STRUCTURE THERAPEUTICS INC | $11.8M | 245,000 | 0.08% |
| AMC | AMC ENTMT HLDGS INC | $9.2M | 9,370,686 | 0.07% |
| RNA | ATRIUM THERAPEUTICS INC | $8.1M | 602,649 | 0.06% |
| KWEB | KRANESHARES TRUST | $7.1M | 250,000 | 0.05% |
| AES | AES CORP | $7.0M | 500,000 | 0.05% |
| FPS | FORGENT POWER SOLUTIONS INC | $4.7M | 160,000 | 0.03% |
| UPS | UNITED PARCEL SVCS INC | $4.4M | 45,000 | 0.03% |
| DCH | DAUCH CORP | $3.1M | 519,790 | 0.02% |
| MDLN | MEDLINE INC | $2.2M | 50,000 | 0.02% |
| UTE0 | CANTALOUPE INC | $2.2M | 200,000 | 0.02% |
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| CYBR | CYBERARK SOFTWARE LTD | $1.5B | 3,425,000 | 0.00% |
| EXK | EXACT SCIENCES CORP | $736.3M | 7,250,000 | 0.00% |
| DAY | DAYFORCE INC | $657.0M | 9,500,000 | 0.00% |
| RNAGBP | AVIDITY BIOSCIENCES INC | $434.7M | 6,026,500 | 0.00% |
| CADE | CADENCE BANK | $266.9M | 6,230,000 | 0.00% |
| CMA | COMERICA INC | $173.9M | 2,000,000 | 0.00% |
| CDTX | CIDARA THERAPEUTICS INC | $124.8M | 565,000 | 0.00% |
| 9HI | HILLENBRAND INC | $57.1M | 1,800,000 | 0.00% |
| AVDL | AVADEL PHARMACEUTICALS PLC | $36.3M | 1,684,000 | 0.00% |
| TGNA | TEGNA INC | $34.0M | 1,750,000 | 0.00% |
| PINNACLE FINL PARTNERS I | PINNACLE FINL PARTNERS INC | $28.6M | 300,000 | 0.00% |
| 75Z | SOHO HOUSE & CO INC | $13.2M | 1,476,000 | 0.00% |
| TDAY | USA TODAY CO INC | $7.2M | 1,400,000 | 0.00% |
| WGS | GENEDX HOLDINGS CORP | $6.5M | 50,000 | 0.00% |
| ANYWHERE REAL ESTATE INC | ANYWHERE REAL ESTATE INC | $5.0M | 350,000 | 0.00% |
| PTGX | PROTAGONIST THERAPEUTICS INC | $4.4M | 50,000 | 0.00% |
| BORR | BORR DRILLING LTD | $302,250 | 75,000 | 0.00% |
| SBET | SHARPLINK GAMING INC | $178,800 | 20,000 | 0.00% |
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| EA* | ELECTRONIC ARTS INC | $2.6B | 12,807,500 | 18.56% | +17% |
| BA | BOEING CO | $1.4B | 7,069,500 | 10.00% | +7% |
| WBD | WARNER BROS DISCOVERY INC | $1.4B | 50,245,000 | 9.81% | +9% |
| CAR | AVIS BUDGET GROUP INC | $1.0B | 7,048,300 | 7.31% | +127% |
| NSC | NORFOLK SOUTHN CORP | $924.1M | 3,220,000 | 6.57% | +7% |
| SPY | STATE STR SPDR S&P 500 ETF T | $377.2M | 580,000 | 2.68% | +5700% |
| TECK | TECK RESOURCES LTD | $360.2M | 6,960,000 | 2.56% | +7% |
| HO1 | HOLOGIC INC | $340.2M | 4,500,224 | 2.42% | +6% |
| NFLX | NETFLIX INC. | $296.9M | 3,088,000 | 2.11% | +865% |
| ECHO | ECHOSTAR CORP | $276.3M | 2,360,000 | 1.96% | +232% |
| CWAN | CLEARWATER ANALYTICS HLDGS I | $269.3M | 11,385,000 | 1.91% | +338% |
| AM6 | AMICUS THERAPEUTIC | $202.4M | 14,000,000 | 1.44% | +22% |
| DBRG | DIGITALBRIDGE GROUP INC | $181.2M | 11,750,000 | 1.29% | +2% |
| TXNM | TXNM ENERGY INC | $163.7M | 2,800,000 | 1.16% | +70% |
| GEO | GEO GROUP INC | $160.8M | 9,565,000 | 1.14% | +64% |
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| CRWV | COREWEAVE INC | $735,965 | 9,500 | 0.01% | -92% |
| BATRK | ATLANTA BRAVES HLDGS INC | $854,000 | 20,000 | 0.01% | -78% |
| KVUE | KENVUE INC | $896.5M | 52,000,000 | 6.37% | -8% |
| CORZ | CORE SCIENTIFIC INC NEW | $371.8M | 24,852,000 | 2.64% | -3% |
All reported holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| EA* | ELECTRONIC ARTS INC | $2.6B | 12,807,500 | 18.56% | — |
| BA | BOEING CO | $1.4B | 7,069,500 | 10.00% | — |
| WBD | WARNER BROS DISCOVERY INC | $1.4B | 50,245,000 | 9.81% | — |
| CAR | AVIS BUDGET GROUP INC | $1.0B | 7,048,300 | 7.31% | — |
| NSC | NORFOLK SOUTHN CORP | $924.1M | 3,220,000 | 6.57% | — |
| KVUE | KENVUE INC | $896.5M | 52,000,000 | 6.37% | — |
| MASI* | MASIMO CORP | $564.9M | 3,176,000 | 4.01% | — |
| SPY | STATE STR SPDR S&P 500 ETF T | $377.2M | 580,000 | 2.68% | — |
| CORZ | CORE SCIENTIFIC INC NEW | $371.8M | 24,852,000 | 2.64% | — |
| TECK | TECK RESOURCES LTD | $360.2M | 6,960,000 | 2.56% | — |
| HO1 | HOLOGIC INC | $340.2M | 4,500,224 | 2.42% | — |
| ACLXGBX | ARCELLX INC | $329.5M | 2,870,000 | 2.34% | — |
| 260 | CENTESSA PHARMACEUTICALS PLC | $324.5M | 8,170,000 | 2.31% | — |
| NFLX | NETFLIX INC. | $296.9M | 3,088,000 | 2.11% | — |
| ECHO | ECHOSTAR CORP | $276.3M | 2,360,000 | 1.96% | — |
| CWAN | CLEARWATER ANALYTICS HLDGS I | $269.3M | 11,385,000 | 1.91% | — |
| APLSUSD | APELLIS PHARMACEUTICALS INC | $211.2M | 5,250,000 | 1.50% | — |
| AM6 | AMICUS THERAPEUTIC | $202.4M | 14,000,000 | 1.44% | — |
| DBRG | DIGITALBRIDGE GROUP INC | $181.2M | 11,750,000 | 1.29% | — |
| TXNM | TXNM ENERGY INC | $163.7M | 2,800,000 | 1.16% | — |
| GEO | GEO GROUP INC | $160.8M | 9,565,000 | 1.14% | — |
| CCL1EUR | CARNIVAL CORP | $156.8M | 6,060,000 | 1.11% | — |
| AL | AIR LEASE CORP | $155.6M | 2,396,825 | 1.11% | — |
| SGRY | SURGERY PARTNERS INC | $150.8M | 12,655,000 | 1.07% | — |
| UNH | UNITEDHEALTH GROUP INC | $138.5M | 512,000 | 0.98% | — |
| WBS | WEBSTER FINL CORP | $129.5M | 1,866,090 | 0.92% | — |
| LBRDK | LIBERTY BROADBAND CORP | $125.4M | 2,493,644 | 0.89% | — |
| SLAB | SILICON LABORATORIES INC | $104.1M | 500,000 | 0.74% | — |
| CZR | CAESARS ENTERTAINMENT INC NE | $70.0M | 2,650,000 | 0.50% | — |
| UAL | UNITED AIRLS HLDGS INC | $46.0M | 500,000 | 0.33% | — |
| K4F | ONESTREAM INC | $45.4M | 1,890,000 | 0.32% | — |
| PSKY | PARAMOUNT SKYDANCE CORP | $37.0M | 4,100,000 | 0.26% | — |
| HCA | HCA HEALTHCARE INC | $35.5M | 75,000 | 0.25% | — |
| QQQ | INVESCO QQQ TR | $34.6M | 60,000 | 0.25% | — |
| PNFP | PINNACLE FINL PARTNERS INC | $25.8M | 300,000 | 0.18% | — |
| THC | TENET HEALTHCARE CORP | $23.6M | 125,000 | 0.17% | — |
| ORCL | ORACLE CORP | $22.8M | 155,000 | 0.16% | — |
| DAWNGBX | DAY ONE BIOPHARMACEUTICALS I | $17.2M | 800,000 | 0.12% | — |
| GPCR | STRUCTURE THERAPEUTICS INC | $11.8M | 245,000 | 0.08% | — |
| AMC | AMC ENTMT HLDGS INC | $9.2M | 9,370,686 | 0.07% | — |
| LBRDA | LIBERTY BROADBAND CORP | $8.5M | 170,000 | 0.06% | — |
| RNA | ATRIUM THERAPEUTICS INC | $8.1M | 602,649 | 0.06% | — |
| KWEB | KRANESHARES TRUST | $7.1M | 250,000 | 0.05% | — |
| AES | AES CORP | $7.0M | 500,000 | 0.05% | — |
| FPS | FORGENT POWER SOLUTIONS INC | $4.7M | 160,000 | 0.03% | — |
| UPS | UNITED PARCEL SVCS INC | $4.4M | 45,000 | 0.03% | — |
| DCH | DAUCH CORP | $3.1M | 519,790 | 0.02% | — |
| MDLN | MEDLINE INC | $2.2M | 50,000 | 0.02% | — |
| UTE0 | CANTALOUPE INC | $2.2M | 200,000 | 0.02% | — |
| PRTCY | PURETECH HEALTH PLC | $1.0M | 70,000 | 0.01% | — |
| CXW | CORECIVIC INC | $945,500 | 50,000 | 0.01% | — |
| BATRK | ATLANTA BRAVES HLDGS INC | $854,000 | 20,000 | 0.01% | — |
| XOVR | ENTREPRENEURSHARES SERIES TR | $776,940 | 46,000 | 0.01% | — |
| CRWV | COREWEAVE INC | $735,965 | 9,500 | 0.01% | — |
| FRMI | FERMI INC | $730,000 | 125,000 | 0.01% | — |
| RDDT | REDDIT INC | $673,250 | 5,000 | 0.00% | — |
| GLXY | GALAXY DIGITAL INC. | $369,000 | 20,000 | 0.00% | — |
| KTOS | KRATOS DEFENSE & SEC SOLUTIO | $352,550 | 5,000 | 0.00% | — |
| CIFR | CIPHER DIGITAL INC | $193,050 | 15,000 | 0.00% | — |
| WYFI | WHITEFIBER INC | $119,100 | 10,000 | 0.00% | — |
This manager also disclosed 32 options positions with a combined notional of $5.2B. Notional is not ownership, so it is excluded from the book value above rather than folded in to make the fund look bigger.
Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.
This page was built from one document: the 2026-03-31 Form 13F info table filed by Pentwater Capital Management LP (CIK 1425851, accession 0001140361-26-021678). Every other 13F site is reading the same file.
If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager
A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:
- No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
- No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
- No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
- Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
- Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.
Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test
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