Pentwater Capital Management LP
•CIK: 1425851•Filing: Q4 2025
Pentwater Capital Management LP, led by co-founders John Hempton and Andrew Feldman, is known for its concentrated, high-conviction bets, currently holding 54 positions with a focus on technology and financials, as evidenced by top holdings in EA and UBS. Recently, the fund has made notable moves by adding UNH with a 1255% increase and SEIC with a 290% increase, while exiting positions in KEL and VRNA.
Total AUM
$9.1B
+ $4.7B in options
QoQ Performance
-5.6%
Positions
33
+ 20 options
Top 10 Concentration
76.1%
Latest Filing
Q4 2025
Top Holdings Allocation
EA
SPY
CYBR
BA
UNH
NSC
EXK
EA16.2%
SPY11.3%
CYBR11.1%
BA8.6%
UNH6.8%
NSC6.3%
EXK5.3%
DAY4.8%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other73.1%
ETF11.3%
Industrial8.6%
Healthcare6.8%
Communication0.2%
Technology0.0%
🚪 Exited Positionssold since Q3 2025
+38 more exited positions
Changes from Q3 2025
NEW19 new positions
↑16 increased
↓14 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023