Q1 2025 · 13F-HR
Pentwater Capital Management LPholdings as filed
Filed 2025-05-15 · accession 0001140361-25-019296
$11.91B
Reported value
101
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $2.50B | 21.0% | 4,464,600 | PUT | SOLE |
| 42809H107 | HES | HESS CORP | $929.6M | 7.80% | 5,820,000 | Common | SOLE |
| 912909108 | USX1 | UNITED STATES STL CORP NEW | $814.4M | 6.84% | 19,270,000 | Common | SOLE |
| 46116X101 | ITCIEUR | INTRA-CELLULAR THERAPIES INC | $684.7M | 5.75% | 5,190,000 | Common | SOLE |
| 487836108 | K | KELLANOVA | $659.9M | 5.54% | 8,000,000 | Common | SOLE |
| 097023105 | BA | BOEING CO | $558.6M | 4.69% | 3,275,000 | Common | SOLE |
| 097023105 | BA | BOEING CO | $515.6M | 4.33% | 3,023,300 | PUT | SOLE |
| 48203R104 | JNP | JUNIPER NETWORKS INC | $463.2M | 3.89% | 12,800,000 | Common | SOLE |
| 42809H107 | HES | HESS CORP | $439.3M | 3.69% | 2,750,000 | PUT | SOLE |
| 912909108 | USX1 | UNITED STATES STL CORP NEW | $366.3M | 3.08% | 8,668,800 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $335.6M | 2.82% | 600,000 | Common | SOLE |
| 848574109 | S9Q | SPIRIT AEROSYSTEMS HLDGS INC | $321.5M | 2.70% | 9,330,000 | Common | SOLE |
| 03662Q105 | AKX | ANSYS INC | $212.1M | 1.78% | 670,000 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $184.0M | 1.54% | 1,100,000 | PUT | SOLE |
| 053774105 | CAR | AVIS BUDGET GROUP | $176.1M | 1.48% | 2,320,000 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $171.5M | 1.44% | 1,425,000 | Common | SOLE |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PARE | $161.4M | 1.35% | 4,500,000 | Common | SOLE |
| 404030108 | HEESEUR | H & E EQUIPMENT SERVICES INC | $156.4M | 1.31% | 1,650,000 | Common | SOLE |
| 92556H206 | 0VVB | PARAMOUNT GLOBAL | $144.7M | 1.21% | 12,100,000 | Common | SOLE |
| 023436108 | AMED | AMEDISYS INC | $124.6M | 1.05% | 1,345,000 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $113.8M | 0.96% | 910,000 | Common | SOLE |
| 92556H206 | 0VVB | PARAMOUNT GLOBAL | $103.6M | 0.87% | 8,665,000 | PUT | SOLE |
| 03662Q105 | AKX | ANSYS INC | $95.0M | 0.80% | 300,000 | PUT | SOLE |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $94.2M | 0.79% | 1,108,000 | Common | SOLE |
| 655664100 | JWNUSD | NORDSTROM INC | $92.9M | 0.78% | 3,800,000 | Common | SOLE |
| 254709108 | DFSEUR | DISCOVER FINL SVCS | $87.1M | 0.73% | 510,000 | Common | SOLE |
| 05478C105 | AZEK | AZEK CO INC | $75.4M | 0.63% | 1,541,842 | Common | SOLE |
| 48203R104 | JNP | JUNIPER NETWORKS INC | $74.5M | 0.63% | 2,058,000 | PUT | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $73.2M | 0.61% | 3,750,000 | Common | SOLE |
| G3075P101 | ESGRUSD | ENSTAR GROUP LIMITED | $67.4M | 0.57% | 202,862 | Common | SOLE |
| 86881A100 | SGRY | SURGERY PARTNERS INC | $65.1M | 0.55% | 2,742,000 | Common | SOLE |
| 460690100 | IPG | INTERPUBLIC GROUP COS INC | $63.6M | 0.53% | 2,340,000 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $60.8M | 0.51% | 505,000 | PUT | SOLE |
| N70544106 | PL0 | PLAYA HOTELS & RESORTS NV | $59.7M | 0.50% | 4,480,000 | Common | SOLE |
| 896818101 | TG7 | TRIUMPH GROUP INC NEW | $58.3M | 0.49% | 2,300,135 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $57.6M | 0.48% | 2,950,000 | PUT | SOLE |
| 053774105 | CAR | AVIS BUDGET GROUP | $49.3M | 0.41% | 650,000 | PUT | SOLE |
| 912909108 | USX1 | UNITED STATES STL CORP NEW | $48.5M | 0.41% | 1,148,800 | CALL | SOLE |
| 228368106 | CCK | CROWN HLDGS INC | $47.3M | 0.40% | 530,000 | Common | SOLE |
| 531229748 | LLYVA* | LIBERTY MEDIA CORP DEL | $41.4M | 0.35% | 615,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $36.8M | 0.31% | 205,000 | PUT | SOLE |
| 36162J106 | GEO | GEO GROUP INC NEW | $35.2M | 0.30% | 1,205,000 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $32.0M | 0.27% | 92,500 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $31.1M | 0.26% | 90,000 | PUT | SOLE |
| 83417Q204 | 0OIA | SOLARWINDS CORP | $22.1M | 0.19% | 1,201,358 | Common | SOLE |
| 85205L107 | SWTXUSD | SPRINGWORKS THERAPEUTICS INC | $22.1M | 0.19% | 500,000 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $19.6M | 0.16% | 150,000 | PUT | SOLE |
| 36162J106 | GEO | GEO GROUP INC NEW | $19.0M | 0.16% | 650,000 | PUT | SOLE |
| 228368106 | CCK | CROWN HLDGS INC | $17.9M | 0.15% | 200,000 | PUT | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $16.8M | 0.14% | 110,000 | PUT | SOLE |
| 00922R105 | ATSG* | AIR TRANSPORT SERVICES GRP I | $16.4M | 0.14% | 732,755 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $16.3M | 0.14% | 130,000 | CALL | SOLE |
| 670346105 | NUE | NUCOR CORP | $16.2M | 0.14% | 135,000 | CALL | SOLE |
| 26484T106 | DNB | DUN & BRADSTREET HLDGS INC | $15.9M | 0.13% | 1,776,746 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $15.3M | 0.13% | 100,000 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $14.8M | 0.12% | 2,555,841 | Common | SOLE |
| 931427108 | WFC | WALGREENS BOOTS ALLIANCE INC | $14.6M | 0.12% | 1,303,193 | Common | SOLE |
| 073685109 | BECNUSD | BEACON ROOFING SUPPLY INC | $13.4M | 0.11% | 108,000 | Common | SOLE |
| 92340V107 | 016 | VEREN INC | $13.3M | 0.11% | 2,006,000 | Common | SOLE |
| 46435G334 | EWU | ISHARES TR | $13.1M | 0.11% | 350,000 | PUT | SOLE |
| 69913P105 | FNAUSD | PARAGON 28 INC | $11.8M | 0.10% | 900,000 | Common | SOLE |
| 29664WAB1 | ESPR 4 11/15/25 | ESPERION THERAPEUTICS INC NE | $10.7M | 0.09% | 10,861,000 | Common | SOLE |
| 530307107 | LBRDA | LIBERTY BROADBAND CORP | $10.4M | 0.09% | 122,100 | Common | SOLE |
| 829933100 | SIRI | SIRIUSXM HOLDINGS INC | $10.1M | 0.09% | 450,000 | Common | SOLE |
| 23282W605 | CYTK | CYTOKINETICS INC | $8.8M | 0.07% | 220,000 | Common | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $7.4M | 0.06% | 20,000 | CALL | SOLE |
| 49177J102 | KVUE | KENVUE INC | $7.2M | 0.06% | 300,000 | PUT | SOLE |
| 49177J102 | KVUE | KENVUE INC | $7.2M | 0.06% | 300,000 | Common | SOLE |
| 047726302 | BATRK | ATLANTA BRAVES HLDGS INC | $7.0M | 0.06% | 175,000 | Common | SOLE |
| 11373M107 | BB3 | BROOKLINE BANCORP INC DEL | $6.8M | 0.06% | 620,352 | Common | SOLE |
| 46138E628 | KBWB | INVESCO EXCH TRADED FD TR II | $6.3M | 0.05% | 100,000 | PUT | SOLE |
| 88160R101 | TSLA | TESLA INC | $5.4M | 0.05% | 21,000 | CALL | SOLE |
| 053774105 | CAR | AVIS BUDGET GROUP | $5.3M | 0.04% | 70,000 | CALL | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $5.0M | 0.04% | 30,000 | CALL | SOLE |
| G27358103 | DESP1EUR | DESPEGAR COM CORP | $4.7M | 0.04% | 250,000 | Common | SOLE |
| 829933100 | SIRI | SIRIUSXM HOLDINGS INC | $4.5M | 0.04% | 200,000 | PUT | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $4.3M | 0.04% | 25,000 | PUT | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $4.3M | 0.04% | 10,000 | PUT | SOLE |
| 34959E109 | FTNT | FORTINET INC | $3.6M | 0.03% | 37,000 | Common | SOLE |
| G2891G204 | — | DIVERSIFIED ENERGY COMPANY P | $3.2M | 0.03% | 240,000 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $3.1M | 0.03% | 85,000 | Common | SOLE |
| 34959E109 | FTNT | FORTINET INC | $2.9M | 0.02% | 30,000 | PUT | SOLE |
| 00165C302 | AMC | AMC ENTMT HLDGS INC | $2.9M | 0.02% | 1,000,000 | PUT | SOLE |
| 81663L200 | WGS | GENEDX HOLDINGS CORP | $2.8M | 0.02% | 32,000 | Common | SOLE |
| 464286806 | EWG | ISHARES INC | $2.8M | 0.02% | 75,000 | PUT | SOLE |
| 81663L200 | WGS | GENEDX HOLDINGS CORP | $2.2M | 0.02% | 25,000 | PUT | SOLE |
| 42704L104 | HRI | HERC HLDGS INC | $2.0M | 0.02% | 15,000 | PUT | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $2.0M | 0.02% | 12,000 | Common | SOLE |
| 15872M104 | APY1EUR | CHAMPIONX CORPORATION | $1.5M | 0.01% | 50,000 | Common | SOLE |
| 872381108 | TELA | TELA BIO INC | $1.2M | 0.01% | 998,755 | Common | SOLE |
| 00510N102 | TIC | ACUREN CORP | $931,289 | 0.01% | 83,749 | Common | SOLE |
| 464286806 | EWG | ISHARES INC | $927,000 | 0.01% | 25,000 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $837,150 | 0.01% | 5,000 | PUT | SOLE |
| G93A5A101 | VIK | VIKING HOLDINGS LTD | $795,000 | 0.01% | 20,000 | Common | SOLE |
| 92556H107 | PARAA | PARAMOUNT GLOBAL | $699,563 | 0.01% | 30,750 | Common | SOLE |
| 746237106 | PRTCY | PURETECH HEALTH PLC | $663,817 | 0.01% | 33,560 | Common | SOLE |
| 00165C302 | AMC | AMC ENTMT HLDGS INC | $574,000 | 0.00% | 200,000 | CALL | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $556,200 | 0.00% | 15,000 | Common | SOLE |
| 379463102 | GWRS | GLOBAL WTR RES INC | $360,850 | 0.00% | 35,000 | Common | SOLE |
| 92333F101 | VG | VENTURE GLOBAL INC | $309,000 | 0.00% | 30,000 | CALL | SOLE |
| 29664W105 | ESPR | ESPERION THERAPEUTICS INC NE | $261,058 | 0.00% | 181,290 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.