Fund HoldingsPentwater Capital Management LP

Total Portfolio Value
$19.02B
Total Bought
$7.80B
Total Sold
$6.46B
Net Transaction
+$1.34B
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
ELECTRONIC ARTS INC(EA)4,800,00010,950,000+6,150,000968,1602,237,41411.76%+1,269,254
BOEING CO(BA)2,494,8006,610,000+4,115,200538,4531,435,1637.54%+896,711
WARNER BROS DISCOVERY INC(WBD)27,060,00046,075,000+19,015,000528,4821,327,8826.98%+799,400
EXACT SCIENCES CORP(EXK)07,250,000+7,250,0000736,3103.87%+736,310
KENVUE INC(KVUE)21,080,00056,720,600+35,640,600342,128978,4305.14%+636,302
AVIDITY BIOSCIENCES INC06,026,500+6,026,5000434,6912.29%+434,691
KIMBERLY-CLARK CORP(KMB)(Call)03,420,000+3,420,0000345,044+345,044
HOLOGIC INC04,247,500+4,247,5000316,3961.66%+316,396
DAYFORCE INC5,500,0009,500,000+4,000,000378,895657,0203.45%+278,125
CADENCE BANK06,230,000+6,230,0000266,8931.40%+266,893
BOEING CO(BA)(Put)05,485,000+5,485,00001,190,903+1,190,903
TECK RESOURCES LTD(TECK)2,900,0006,500,000+3,600,000127,281311,2851.64%+184,004
DIGITALBRIDGE GROUP INC(DBRG)011,500,000+11,500,0000176,4100.93%+176,410
COMERICA INC02,000,000+2,000,0000173,8600.91%+173,860
AMICUS THERAPEUTICS INC
COM
011,500,000+11,500,0000163,7600.86%+163,760
CIDARA THERAPEUTICS INC0565,000+565,0000124,8030.66%+124,803
WARNER BROS DISCOVERY INC(WBD)(Put)03,520,000+3,520,0000101,446+101,446
CLEARWATER ANALYTICS HLDGS I02,600,000+2,600,000062,7120.33%+62,712
UNITEDHEALTH GROUP INC(UNH)0395,000+395,0000130,3930.69%+130,393
HILLENBRAND INC01,800,000+1,800,000057,0960.30%+57,096
WARNER BROS DISCOVERY INC(WBD)(Call)1,850,0002,850,000+1,000,00036,13182,137+46,007
NORFOLK SOUTHN CORP(NSC)2,750,0003,019,000+269,000826,128871,6464.58%+45,518
AVADEL PHARMACEUTICALS PLC01,684,000+1,684,000036,2900.19%+36,290
NETFLIX INC(NFLX)(Put)0360,000+360,000033,754+33,754
KENVUE INC(KVUE)(Call)2,500,0004,100,000+1,600,00040,57570,725+30,150
PARAMOUNT SKYDANCE CORP(PSKY)855,0203,450,500+2,595,48016,17746,2370.24%+30,060
NETFLIX INC(NFLX)0320,000+320,000030,0030.16%+30,003
TXNM ENERGY INC(TXNM)1,190,0001,651,000+461,00067,29597,2110.51%+29,916
ECHOSTAR CORP(ECHO)640,000711,700+71,70048,87077,3620.41%+28,491
NETFLIX INC(NFLX)(Call)0125,000+125,000011,720+11,720
CHARTER COMMUNICATIONS INC N(CHTR)(Put)050,000+50,000010,438+10,438
CORE SCIENTIFIC INC NEW(CORZ)(Put)01,400,000+1,400,000020,384+20,384
CARNIVAL CORP4,300,0004,375,000+75,000124,313133,6130.70%+9,300
COREWEAVE INC(CRWV)0120,000+120,00008,5930.05%+8,593
USA TODAY CO INC(TDAY)01,400,000+1,400,00007,2100.04%+7,210
PROTAGONIST THERAPEUTICS INC050,000+50,00004,3670.02%+4,367
AIR LEASE CORP
CL A
2,200,0002,240,000+40,000140,030143,8750.76%+3,845
ANYWHERE REAL ESTATE INC120,000350,000+230,0001,2714,9560.03%+3,685
ORACLE CORP(ORCL)(Call)012,500+12,50002,436+2,436
CORE SCIENTIFIC INC NEW(CORZ)(Call)1,800,0002,325,000+525,00032,29233,852+1,560
FERMI INC(FRMI)075,000+75,00006000.00%+600
BORR DRILLING LTD(BORR)075,000+75,00003020.00%+302
SHARPLINK GAMING INC(SBET)020,000+20,00001790.00%+179
SHARPLINK GAMING INC(SBET)(Put)020,000+20,0000179+179
SOHO HOUSE & CO INC1,476,0001,476,000013,06313,2250.07%+162
WHITEFIBER INC(WYFI)(Call)010,000+10,0000158+158
KEURIG DR PEPPER INC(KDP)(Put)25,00025,0000638700+63
SYNOPSYS INC(SNPS)1030-103510-51
MONOGRAM TECHNOLOGIES INC10,0000-10,000590-59
PATTERSON-UTI ENERGY INC(PTEN)(Call)25,0000-25,0001300-129
AMC ENTMT HLDGS INC(AMC)(Put)100,000100,0000290156-134
ROCKET COS INC(RKT)8,0000-8,0001550-155
TALOS ENERGY INC(TALO)(Call)20,0000-20,0001920-192
ATLANTA BRAVES HLDGS INC90,00090,00003,7433,5510.02%-193
WHITEFIBER INC(WYFI)13,00010,000-3,0003531580.00%-195
PURETECH HEALTH PLC75,00070,000-5,0001,3881,1650.01%-223
NORTHERN DYNASTY MINERALS LT(NAK)200,0000-200,0002400-240
GEMINI SPACE STA INC13,0000-13,0003110-311
RUBRIK INC.(RBRK)(Call)5,0000-5,0004110-411
ESPERION THERAPEUTICS INC NE181,2900-181,2904800-480
SABLE OFFSHORE CORP(Call)35,0000-35,0006110-611
KEURIG DR PEPPER INC(KDP)25,0000-25,0006380-638
FIGMA INC(FIG)16,0000-16,0008300-830
AVIDITY BIOSCIENCES INC(Call)20,0000-20,0008710-871
RUBRIK INC.(RBRK)11,5000-11,5009460-946
CORE & MAIN INC(CNM)(Put)20,0000-20,0001,0770-1,077
TELA BIO INC724,8560-724,8561,0800-1,080
INTEL CORP(INTC)(Call)35,0000-35,0001,1740-1,174
VERINT SYS INC60,0000-60,0001,2150-1,215
CORE & MAIN INC(CNM)25,0000-25,0001,3460-1,346
CORE & MAIN INC(CNM)(Call)30,0000-30,0001,6150-1,615
DIVERSIFIED ENERGY COMPANY P140,9870-140,9871,9750-1,975
GEO GROUP INC NEW(GEO)(Call)100,0000-100,0002,0490-2,049
ISHARES TR(Put)
MSCI UK ETF NEW
50,0000-50,0002,0990-2,098
SYNOPSYS INC(SNPS)(Call)090,000+90,000042,275+42,275
GENEDX HOLDINGS CORP(WGS)(Call)20,0000-20,0002,1550-2,155
AVIS BUDGET GROUP(Call)070,000+70,00008,982+8,982
LIBERTY BROADBAND CORP(LBRDA)0170,000+170,00008,2080.04%+8,208
SIRIUSXM HOLDINGS INC(SIRI)000000
PROS HOLDINGS INC250,0000-250,0005,7280-5,727
COREWEAVE INC(CRWV)(Call)50,0000-50,0006,8430-6,842
SYNOPSYS INC(SNPS)(Put)300,000300,0000148,017140,916-7,101
ISHARES INC(Put)225,0000-225,0009,3620-9,362
ESPERION THERAPEUTICS INC NE00010,7730-10,773
PARAMOUNT SKYDANCE CORP(PSKY)(Put)3,200,0003,700,000+500,00060,54449,580-10,964
GEO GROUP INC NEW(GEO)5,186,0005,847,700+661,700106,26194,2650.50%-11,996
PARAMOUNT GROUP INC2,001,4000-2,001,40013,0890-13,089
TEGNA INC2,326,3001,750,000-576,30047,29433,9680.18%-13,326
PINNACLE FINL PARTNERS INC453,550300,000-153,55042,53828,6230.15%-13,915
STEEL DYNAMICS INC(STLD)(Put)100,0000-100,00013,9430-13,943
GEO GROUP INC NEW(GEO)(Put)0250,000+250,00004,030+4,030
IVANHOE ELECTRIC INC(IE)000000
LIVE NATION ENTERTAINMENT IN(LYV)(Put)100,0000-100,00016,3400-16,340
CYTOKINETICS INC(CYTK)300,0000-300,00016,4880-16,488
PREMIER INC598,3000-598,30016,6330-16,633
ECHOSTAR CORP(ECHO)(Put)375,000100,000-275,00028,63510,870-17,765
TENET HEALTHCARE CORP(THC)110,0000-110,00022,3340-22,334
CARNIVAL CORP(Put)3,650,0002,650,000-1,000,000105,52280,931-24,590
GENEDX HOLDINGS CORP(WGS)(Put)050,000+50,00006,503+6,503
KENVUE INC(KVUE)(Put)10,100,0007,650,000-2,450,000163,923131,963-31,960
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