PENTWATER CAPITAL MANAGEMENT LP
Q4 2024 Form 13-F
NAPLES, FLORIDA
CIK 0001425851
· CRD 156873
· SEC-registered investment adviser
$9.1B Reported Value Total
PENTWATER CAPITAL MANAGEMENT LP reports 24 total accounts under management (AUM). There are 24 discretionary accounts valued at $9,348,331,000, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
16 funds
· $22.0B gross asset value
Hedge Fund: $22.0B
Source: Form ADV filed 2026-03-31
Reported value
$9.1B
Quarter over quarter
+2.2%
Holdings
54
Top-10 concentration
63.9%
Key People
Form ADV owners & control persons
Matthew Charles Halbower
SHAREHOLDER
Joyce Kalleekal
CHIEF FINANCIAL OFFICER
Hooman David Tavakolian
CHIEF COMPLIANCE OFFICER
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Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q4 2024 13F record
Q4 2024 13F filing summary
| Period of report | December 31, 2024 |
|---|---|
| Filed | February 14, 2025 |
| Form | 13F-HR |
| Reported value | $9.1B |
| Positions | 54 |
| Change in reported value | -6.7% |
| New positions | 24 |
| Exited positions | 21 |
| Position turnover | 60.0% |
| Top-10 concentration | 63.9% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
59 | $16.4B |
|
Q1 2026 13F
Filed May 15, 2026
|
60 | $19.3B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
47 | $19.0B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
65 | $17.9B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
63 | $15.4B |
|
Q1 2025 13F
Filed May 15, 2025
|
62 | $11.9B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
54 | $9.1B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
51 | $9.7B |
|
Q2 2024 13F
Filed Jul 31, 2024
|
51 | $7.8B |
|
Q1 2024 13F
Filed May 15, 2024
|
54 | $9.8B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
66 | $8.9B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
67 | $18.6B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
84 | $14.5B |
|
Q1 2023 13F
Filed May 15, 2023
|
91 | $10.3B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
77 | $5.7B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
95 | $8.9B |
|
Q2 2022 13F
Filed Aug 15, 2022
|
112 | $8.5B |
|
Q1 2022 13F
Filed May 16, 2022
|
118 | $8.4B |
|
Q4 2021 13F
Filed Feb 11, 2022
|
154 | $9.2B |
|
Q3 2021 13F
Filed Nov 15, 2021
|
180 | $9.8B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2024
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SPY P SPDR S&P 500 ETF TR | $1.1B | 11.97% |
| 2 | HES HESS CORP | $706.3M | 7.8% |
| 3 | X UNITED STATES STL CORP | $629.5M | 6.95% |
| 4 | BA P BOEING CO | $562.0M | 6.2% |
| 5 | SMAR SMARTSHEET INC | $501.5M | 5.54% |
| 6 | JNPR JUNIPER NETWORKS INC | $478.5M | 5.28% |
| 7 | EDR ENDEAVOR GROUP HLDGS INC | $473.2M | 5.22% |
| 8 | K KELLANOVA | $466.0M | 5.14% |
| 9 | BA BOEING CO | $444.3M | 4.9% |
| 10 | SPY SPDR S&P 500 ETF TR | $439.6M | 4.85% |
| 11 | X P UNITED STATES STL CORP | $365.6M | 4.04% |
| 12 | SPR SPIRIT AEROSYSTEMS HLDGS INC | $314.2M | 3.47% |
| 13 | HES P HESS CORP | $203.5M | 2.25% |
| 14 | CVX P CHEVRON CORP NEW | $150.6M | 1.66% |
| 15 | ALTM ARCADIUM LITHIUM PLC | $141.3M | 1.56% |
| 16 | TKO P TKO GROUP HOLDINGS INC | $135.0M | 1.49% |
| 17 | ANSS P ANSYS INC | $134.9M | 1.49% |
| 18 | ANSS ANSYS INC | $129.9M | 1.43% |
| 19 | JNPR P JUNIPER NETWORKS INC | $111.5M | 1.23% |
| 20 | AMED AMEDISYS INC | $107.1M | 1.18% |
Values as reported on the Q4 2024 Form 13F. Every position is in the holdings table below.