PEPentwater Capital Management LP
Institutional investor · Portfolio as of Q3 2025
Top Holdings110 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 3.1M | $2.1B | 11.6% | — | — | — | Decreased — |
CYBERARK SOFTWARE LTD | 3.7M | $1.8B | 9.9% | $483.82 | 0.00% | 1 qtr | New 98 |
UNITEDHEALTH GROUP INC | 3.4M | $1.2B | 6.5% | — | — | — | Increased — |
ELECTRONIC ARTS INC | 4.8M | $968.2M | 5.4% | $201.86 | 0.00% | 1 qtr | New 98 |
BOEING CO/THE | 4.4M | $949.7M | 5.3% | — | — | — | Decreased — |
NORFOLK SOUTHERN CORP | 2.8M | $826.1M | 4.6% | $295.21 | 0.00% | 1 qtr | New 88 |
KELLANOVA | 10M | $820.2M | 4.6% | $78.99 | — | 5 qtrssince 2024-Q3 | Increased 65 |
AVIS BUDGET GROUP INC | 4.4M | $707.6M | 4.0% | — | — | — | Increased — |
VERONA PHARMA PLC | 5.3M | $565.6M | 3.2% | — | — | 1 qtr | New 87 |
BOEING CO/THE | 2.5M | $538.5M | 3.0% | $192.76 | +12.62% | 18 qtrssince 2021-Q2 | Increased 69 |
WARNER BROS DISCOVERY INC | 27.1M | $528.5M | 3.0% | $18.86 | 0.00% | 1 qtr | New 81 |
AVIS BUDGET GROUP INC | 3.2M | $507.9M | 2.8% | $102.55 | +57.51% | 7 qtrssince 2024-Q1 | Increased 71 |
Core Scientific Inc | 24.3M | $435M | 2.4% | $17.28 | +0.30% | 2 qtrssince 2025-Q2 | Increased 86 |
DAYFORCE INC | 5.5M | $378.9M | 2.1% | $68.83 | 0.00% | 1 qtr | New 80 |
SPIRIT AEROSYSTEMS HOLD-CL A | 9.4M | $362.8M | 2.0% | $33.19 | +16.99% | 6 qtrssince 2024-Q2 | Increased 56 |
KENVUE INC | 21.1M | $342.1M | 1.9% | $15.70 | -1.36% | 3 qtrssince 2025-Q1 | Increased 79 |
COREWEAVE INC-CL A | 2.3M | $311.3M | 1.7% | — | — | — | New — |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 400,000 | $266.5M | 1.5% | $573.43 | +15.40% | 23 qtrssince 2020-Q1 | Increased 73 |
SURGERY PARTNERS INC | 11.7M | $252.8M | 1.4% | $22.28 | -1.66% | 4 qtrssince 2024-Q4 | Increased 71 |
MR COOPER GROUP INC | 997,000 | $210.2M | 1.2% | — | — | 2 qtrssince 2025-Q2 | Increased 78 |
Pentwater Capital Management LP manages $17.9B across 110 positions as of Q3 2025. Top holdings: SPY (11.6%), CYBR (9.9%), UNH (6.5%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.
Active quarter - 34 new positions, 32 exits, 17 increased. Top move: CYBR (NEW, conviction 98). Portfolio: $17.9B across 110 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer