PEPentwater Capital Management LP
Institutional investor · Portfolio as of Q2 2025
Top Holdings96 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 6.1M | $3.7B | 24.3% | — | — | — | Increased — |
HESS CORP | 7.3M | $1B | 6.6% | — | — | 7 qtrssince 2023-Q4 | Increased 76 |
BOEING CO/THE | 4.6M | $959.3M | 6.2% | — | — | — | Increased — |
KELLANOVA | 8.9M | $708.6M | 4.6% | $78.70 | -1.04% | 4 qtrssince 2024-Q3 | Increased 65 |
AVIS BUDGET GROUP INC | 4M | $673.6M | 4.4% | — | — | — | Increased — |
JUNIPER NETWORKS INC | 14.3M | $569M | 3.7% | — | — | 6 qtrssince 2024-Q1 | Increased 64 |
BLUEPRINT MEDICINES CORP | 3.9M | $499.9M | 3.2% | — | — | 1 qtr | New 87 |
SKECHERS U S A INC | 7M | $441.7M | 2.9% | — | — | 1 qtr | New 81 |
BOEING CO/THE | 2.1M | $429.5M | 2.8% | $187.48 | +14.44% | 17 qtrssince 2021-Q2 | Decreased 0 |
AVIS BUDGET GROUP INC | 2.3M | $383.7M | 2.5% | $79.35 | +119.55% | 6 qtrssince 2024-Q1 | Decreased 0 |
HESS CORP | 2.8M | $381M | 2.5% | — | — | — | Unchanged — |
SPIRIT AEROSYSTEMS HOLD-CL A | 9M | $341.4M | 2.2% | $32.91 | +17.39% | 5 qtrssince 2024-Q2 | Decreased 0 |
CHEVRON CORP | 2.3M | $330.1M | 2.1% | — | — | — | Increased — |
UNITEDHEALTH GROUP INC | 975,000 | $304.2M | 2.0% | $305.12 | 0.00% | 1 qtr | New 71 |
UNITEDHEALTH GROUP INC | 965,000 | $301.1M | 2.0% | — | — | — | New — |
ANSYS INC | 815,000 | $286.2M | 1.9% | — | — | 7 qtrssince 2023-Q4 | Increased 58 |
LIBERTY BROADBAND C-W/I | 2.7M | $262.9M | 1.7% | $81.95 | +9.87% | 4 qtrssince 2024-Q3 | Increased 78 |
PARAMOUNT GLOBAL | 15.3M | $197.4M | 1.3% | — | — | 4 qtrssince 2024-Q3 | Increased 59 |
AMEDISYS INC | 1.7M | $168.7M | 1.1% | — | — | 9 qtrssince 2023-Q2 | Increased 60 |
INFORMATICA INC | 6.8M | $166.1M | 1.1% | — | — | 1 qtr | New 69 |
Pentwater Capital Management LP manages $15.4B across 96 positions as of Q2 2025. Top holdings: SPY (24.3%), HES (6.6%), BA (6.2%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.
Active quarter - 21 new positions, 20 exits, 27 increased. Top move: BPMC (NEW, conviction 87). Portfolio: $15.4B across 96 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer