Established in April 2007, Pentwater Capital Management is a Florida-based hedge fund manager led by Matthew C. Halbower. The firm employs a bottom-up, opportunistic investment approach, specializing in event-driven investing globally across the capital structure. Pentwater utilizes a dynamic and disciplined strategy to manage risk effectively and maximize returns. Headquartered in Florida, Pentwater also operates satellite offices in Minnesota, Illinois, New York, and London.
Matt Halbower serves as the Founder, CEO, CIO, and Portfolio Manager of Pentwater Capital Management, drawing on extensive experience in event-driven investing. His expertise stems from his tenure as a Portfolio Manager specializing in event-driven trading and distressed securities at Deephaven Capital Management. Matt also founded the Deephaven Event Fund and held significant roles as a Portfolio Manager at Citadel Investment Group. With 24 years in the investment industry, Matt combines his technical acumen, highlighted by a B.S. in Electrical Engineering from the Massachusetts Institute of Technology in 1991, with legal insight from his J.D. earned at Harvard Law School in 1994.
Pentwater Capital Management manages assets for 24 clients with discretionary assets under management totaling $8,351,972,000 as of March 2024. Their latest 13F filing for Q1 2024 reported $9,760,417,152 in managed 13F securities, with a top 10 holdings concentration of 73.52%. Pentwater's largest holding is Pioneer Natural Resources Co., with 7,220,000 shares held.
| Fund Name: | Pentwater Capital Management |
| Manager | Matt Halbower |
| Portfolio Value | $9,707,082,176 |
| Change This QTR | +1.24% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | SPY | 4,062,500 | $2,330,900,000 | +63% | 24.01% | ||
| 2. | X | 19,900,000 | $703,067,000 | -2% | 7.24% | ||
| 3. | HES | 4,450,000 | $604,310,000 | +2% | 6.22% | ||
| 4. | X | 12,557,300 | $443,649,409 | -8% | 4.57% | ||
| 5. | SPY | 770,000 | $441,795,200 | +68% | 4.55% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2024-02-14 | ||||
| 2024-02-14 | ||||
| 2023-02-14 | ||||
| 2023-02-14 | ||||
| 2022-11-21 |
