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Asset Manager ← All Institutions

Pentwater Capital Management LP

Q1 2026 · Filed 2026-05-15
Market Value
$13.9B
+2.1%
Holdings
75
-1
New Purchases
31
Added To
20
Closed
16
Reduced
4
Top 10 Concentration
71.3%
Turnover
62.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CAR 7.39% 2.92% +4.47% $1.0B
MASI 4.06% 0.00% +4.06% $565M
SPY 2.71% 0.05% +2.66% $377M
ACLX 2.37% 0.00% +2.37% $330M
EA 18.77% 16.42% +2.35% $2.6B
CNTA 2.33% 0.00% +2.33% $325M
NFLX 2.13% 0.22% +1.91% $297M
APLS 1.52% 0.00% +1.52% $211M
CWAN 1.94% 0.46% +1.47% $269M
SATS 1.99% 0.57% +1.42% $276M
WBS 0.93% 0.00% +0.93% $130M
SLAB 0.75% 0.00% +0.75% $104M
CZR 0.50% 0.00% +0.50% $70M
GEO 1.16% 0.69% +0.46% $161M
TXNM 1.18% 0.71% +0.46% $164M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CYBR 0.00% 11.21% -11.21% $0
EXAS 0.00% 5.40% -5.40% $0
DAY 0.00% 4.82% -4.82% $0
RNAM 0.00% 3.19% -3.19% $0
CADE 0.00% 1.96% -1.96% $0
CMA 0.00% 1.28% -1.28% $0
CDTX 0.00% 0.92% -0.92% $0
KVUE 6.44% 7.18% -0.74% $896M
BA 10.11% 10.53% -0.42% $1.4B
HI 0.00% 0.42% -0.42% $0
TGNA 0.00% 0.25% -0.25% $0
SHCO 0.00% 0.10% -0.10% $0
PSKY 0.27% 0.34% -0.07% $37M
CORZ 2.67% 2.74% -0.07% $372M
CRWV 0.01% 0.06% -0.06% $736K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 5 $870M 6.3%
Large Cap 25 $8.5B 61.2%
Mid Cap 33 $4.4B 31.3%
Small Cap 11 $169M 1.2%
Micro Cap 1 $8M 0.1%

Portfolio Analytics

Avg Market Cap
$46.6B
Median Market Cap
$7.3B
Avg P/E
50.5
Median P/E
23.9
Avg Dividend Yield
0.01%
Avg Beta
1.44
# Stocks
71
# ETFs / Funds
4

Top Holdings (75 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 EA 18.77% 12,807,500 $2.6B $203.87 $374M +1,857,500 +17.0%
2 BA 10.11% 7,069,500 $1.4B $199.03 -$28M +459,500 +7.0%
3 WBD 9.92% 50,245,000 $1.4B $27.46 $52M +4,170,000 +9.1%
4 CAR 7.39% 7,048,300 $1.0B $145.85 $630M +3,946,900 +127.3%
5 NSC 6.64% 3,220,000 $924M $287.00 $52M +201,000 +6.7%
6 KVUE 6.44% 52,000,000 $896M $17.24 -$82M -4,720,600 -8.3%
7 MASI 4.06% 3,176,000 $565M $177.87 — +3,176,000 — NEW
8 SPY 2.71% 580,000 $377M $650.34 $370M +570,000 +5700.0%
9 CORZ 2.67% 24,852,000 $372M $14.96 -$1M -763,000 -3.0%
10 TECK 2.59% 6,960,000 $360M $51.75 $49M +460,000 +7.1%
11 HOLX 2.44% 4,500,224 $340M $75.59 $24M +252,724 +6.0%
12 ACLX 2.37% 2,870,000 $330M $114.82 — +2,870,000 — NEW
13 CNTA 2.33% 8,170,000 $325M $39.72 — +8,170,000 — NEW
14 NFLX 2.13% 3,088,000 $297M $96.15 $267M +2,768,000 +865.0%
15 SATS 1.99% 2,360,000 $276M $117.07 $199M +1,648,300 +231.6%
16 CWAN 1.94% 11,385,000 $269M $23.65 $207M +8,785,000 +337.9%
17 APLS 1.52% 5,250,000 $211M $40.23 — +5,250,000 — NEW
18 FOLD 1.45% 14,000,000 $202M $14.46 $39M +2,500,000 +21.7%
19 DBRG 1.30% 11,750,000 $181M $15.42 $5M +250,000 +2.2%
20 TXNM 1.18% 2,800,000 $164M $58.46 $66M +1,149,000 +69.6%
21 GEO 1.16% 9,565,000 $161M $16.81 $67M +3,717,300 +63.6%
22 AL 1.12% 2,396,825 $156M $64.94 $12M +156,825 +7.0%
23 SGRY 1.08% 12,655,000 $151M $11.92 -$4M +2,655,000 +26.6%
24 UNH 1.00% 512,000 $139M $270.59 $8M +117,000 +29.6%
25 WBS 0.93% 1,866,090 $130M $69.42 — +1,866,090 — NEW
26 LBRDK 0.90% 2,493,644 $125M $50.30 $4M — —
27 SLAB 0.75% 500,000 $104M $208.15 — +500,000 — NEW
28 CZR 0.50% 2,650,000 $70M $26.43 — +2,650,000 — NEW
29 UAL 0.33% 500,000 $46M $92.07 — +500,000 — NEW
30 OS 0.33% 1,890,000 $45M $24.00 — +1,890,000 — NEW
31 PSKY 0.27% 4,100,000 $37M $9.02 -$9M +649,500 +18.8%
32 HCA 0.26% 75,000 $35M $473.24 — +75,000 — NEW
33 QQQ 0.25% 60,000 $35M $577.18 — +60,000 — NEW
34 PNFP 0.19% 300,000 $26M $86.14 — +300,000 — NEW
35 THC 0.17% 125,000 $24M $188.71 — +125,000 — NEW
36 ORCL 0.16% 155,000 $23M $147.11 — +155,000 — NEW
37 DAWN 0.12% 800,000 $17M $21.44 — +800,000 — NEW
38 GPCR 0.08% 245,000 $12M $48.20 — +245,000 — NEW
39 AMC 0.07% 9,370,686 $9M $0.98 — +9,370,686 — NEW
40 LBRDA 0.06% 170,000 $9M $50.22 $330K — —
41 RNA 0.06% 602,649 $8M $13.37 — +602,649 — NEW
42 KWEB 0.05% 250,000 $7M $28.43 — +250,000 — NEW
43 AES 0.05% 500,000 $7M $14.09 — +500,000 — NEW
44 FPS 0.03% 160,000 $5M $29.27 — +160,000 — NEW
45 UPS 0.03% 45,000 $4M $98.38 — +45,000 — NEW
46 DCH 0.02% 519,790 $3M $5.93 — +519,790 — NEW
47 MDLN 0.02% 50,000 $2M $44.50 — +50,000 — NEW
48 CTLP 0.02% 200,000 $2M $10.81 — +200,000 — NEW
49 PRTC 0.01% 70,000 $1M $14.86 -$125K — —
50 CXW 0.01% 50,000 $946K $18.91 — +50,000 — NEW
51 BATRK 0.01% 20,000 $854K $42.70 -$3M -70,000 -77.8%
52 XOVR 0.01% 46,000 $777K $16.89 — +46,000 — NEW
53 CRWV 0.01% 9,500 $736K $77.47 -$8M -110,500 -92.1%
54 FRMI 0.01% 125,000 $730K $5.84 $130K +50,000 +66.7%
55 RDDT —% 5,000 $673K $134.65 — +5,000 — NEW
56 GLXY —% 20,000 $369K $18.45 — +20,000 — NEW
57 KTOS —% 5,000 $353K $70.51 — +5,000 — NEW
58 CIFR —% 15,000 $193K $12.87 — +15,000 — NEW
59 WYFI —% 10,000 $119K $11.91 -$39K — —
60 WGS —% — — — -$7M -50,000 -100.0% SOLD
61 HOUS —% — — — -$5M -350,000 -100.0% SOLD
62 PTGX —% — — — -$4M -50,000 -100.0% SOLD
63 CDTX —% — — — -$125M -565,000 -100.0% SOLD
64 CMA —% — — — -$174M -2,000,000 -100.0% SOLD
65 DAY —% — — — -$657M -9,500,000 -100.0% SOLD
66 EXAS —% — — — -$736M -7,250,000 -100.0% SOLD
67 CYBR —% — — — -$1.5B -3,425,000 -100.0% SOLD
68 BORR —% — — — -$302K -75,000 -100.0% SOLD
69 SBET —% — — — -$179K -20,000 -100.0% SOLD
70 RNAM —% — — — -$435M -6,026,500 -100.0% SOLD
71 SHCO —% — — — -$13M -1,476,000 -100.0% SOLD
72 TGNA —% — — — -$34M -1,750,000 -100.0% SOLD
73 HI —% — — — -$57M -1,800,000 -100.0% SOLD
74 TDAY —% — — — -$7M -1,400,000 -100.0% SOLD
75 CADE —% — — — -$267M -6,230,000 -100.0% SOLD

Options Breakdown

16 Calls $1.1B Call Value 27 Puts $4.0B Put Value 3.54 P/C Ratio

Top Calls

SymbolSharesValueStatus
UNH 2,840,000 $768M
NFLX 1,280,000 $123M
CAR 775,800 $113M
KVUE 3,100,000 $53M
CORZ 3,200,000 $48M
BA 50,000 $10M NEW
SATS 50,000 $6M NEW
SPY 5,000 $3M NEW
GEO 50,000 $840K NEW
WYFI 35,000 $417K

Top Puts

SymbolSharesValueStatus
SPY 3,007,500 $2.0B
BA 5,045,000 $1.0B
NFLX 3,360,000 $323M
UNH 645,000 $175M NEW
WBD 4,871,900 $134M
QQQ 170,000 $98M NEW
CORZ 5,800,000 $87M
UAL 530,000 $49M NEW
PSKY 3,700,000 $33M
NSC 103,300 $30M NEW

New Positions

SymbolValue% Port
MASI $565M 4.06%
ACLX $330M 2.37%
CNTA $325M 2.33%
APLS $211M 1.52%
WBS $130M 0.93%
SLAB $104M 0.75%
CZR $70M 0.50%
UAL $46M 0.33%
OS $45M 0.33%
HCA $35M 0.26%
QQQ $35M 0.25%
PNFP $26M 0.19%
THC $24M 0.17%
ORCL $23M 0.16%
DAWN $17M 0.12%

Sold Out Positions

SymbolValue% Port
BORR — —%
TDAY — —%
SBET — —%
WGS — —%
PTGX — —%
CADE — —%
CDTX — —%
CMA — —%
EXAS — —%
HI — —%
RNAM — —%
TGNA — —%
SHCO — —%
HOUS — —%
DAY — —%
View SEC EDGAR Filings for Pentwater Capital Management LP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms