13F HOLDINGS REPORT
Pentwater Capital Management LP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001140361-26-005785
Total Value
$19.02B
Positions
77
Other Managers
0
Confidential Omitted
No
Holdings (77)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ELECTRONIC ARTS INC | EA | 10,950,000 | $2.24B | 11.76% |
| 2 | SPDR S&P 500 ETF TR | SPY | 2,285,000 | $1.56B | 8.19% |
| 3 | CYBERARK SOFTWARE LTD | M2682V108 | 3,425,000 | $1.53B | 8.03% |
| 4 | BOEING CO | BA-PA | 6,610,000 | $1.44B | 7.54% |
| 5 | WARNER BROS DISCOVERY INC | WBD | 46,075,000 | $1.33B | 6.98% |
| 6 | BOEING CO | BA-PA | 5,485,000 | $1.19B | 6.26% |
| 7 | KENVUE INC | KVUE | 56,720,600 | $978.4M | 5.14% |
| 8 | UNITEDHEALTH GROUP INC | UNH | 2,835,000 | $935.9M | 4.92% |
| 9 | NORFOLK SOUTHN CORP | 655844108 | 3,019,000 | $871.6M | 4.58% |
| 10 | EXACT SCIENCES CORP | 30063P105 | 7,250,000 | $736.3M | 3.87% |
| 11 | DAYFORCE INC | 15677J108 | 9,500,000 | $657.0M | 3.45% |
| 12 | AVIDITY BIOSCIENCES INC | 05370A108 | 6,026,500 | $434.7M | 2.29% |
| 13 | AVIS BUDGET GROUP | CAR | 3,101,400 | $398.0M | 2.09% |
| 14 | CORE SCIENTIFIC INC NEW | 21874A106 | 25,615,000 | $373.0M | 1.96% |
| 15 | KIMBERLY-CLARK CORP | KMB | 3,420,000 | $345.0M | 1.81% |
| 16 | HOLOGIC INC | HOLX | 4,247,500 | $316.4M | 1.66% |
| 17 | TECK RESOURCES LTD | TCKRF | 6,500,000 | $311.3M | 1.64% |
| 18 | CADENCE BANK | 12740C103 | 6,230,000 | $266.9M | 1.40% |
| 19 | DIGITALBRIDGE GROUP INC | DBRG-PJ | 11,500,000 | $176.4M | 0.93% |
| 20 | COMERICA INC | 200340107 | 2,000,000 | $173.9M | 0.91% |
| 21 | AMICUS THERAPEUTICS INC | FOLD | 11,500,000 | $163.8M | 0.86% |
| 22 | SURGERY PARTNERS INC | SGRY | 10,000,000 | $154.5M | 0.81% |
| 23 | AVIS BUDGET GROUP | CAR | 1,163,800 | $149.3M | 0.79% |
| 24 | AIR LEASE CORP | AIIR | 2,240,000 | $143.9M | 0.76% |
| 25 | SYNOPSYS INC | SNPS | 300,000 | $140.9M | 0.74% |
| 26 | CARNIVAL CORP | CUKPF | 4,375,000 | $133.6M | 0.70% |
| 27 | KENVUE INC | KVUE | 7,650,000 | $132.0M | 0.69% |
| 28 | UNITEDHEALTH GROUP INC | UNH | 395,000 | $130.4M | 0.69% |
| 29 | CIDARA THERAPEUTICS INC | 171757206 | 565,000 | $124.8M | 0.66% |
| 30 | LIBERTY BROADBAND CORP | LBRDP | 2,493,644 | $121.2M | 0.64% |
| 31 | PALO ALTO NETWORKS INC | PANW | 570,000 | $105.0M | 0.55% |
| 32 | WARNER BROS DISCOVERY INC | WBD | 3,520,000 | $101.4M | 0.53% |
| 33 | TXNM ENERGY INC | TXNM | 1,651,000 | $97.2M | 0.51% |
| 34 | GEO GROUP INC NEW | GEO | 5,847,700 | $94.3M | 0.50% |
| 35 | WARNER BROS DISCOVERY INC | WBD | 2,850,000 | $82.1M | 0.43% |
| 36 | CARNIVAL CORP | CUKPF | 2,650,000 | $80.9M | 0.43% |
| 37 | ECHOSTAR CORP | SATS | 711,700 | $77.4M | 0.41% |
| 38 | KENVUE INC | KVUE | 4,100,000 | $70.7M | 0.37% |
| 39 | CLEARWATER ANALYTICS HLDGS I | CWAN | 2,600,000 | $62.7M | 0.33% |
| 40 | PALO ALTO NETWORKS INC | PANW | 310,000 | $57.1M | 0.30% |
| 41 | HILLENBRAND INC | 431571108 | 1,800,000 | $57.1M | 0.30% |
| 42 | PARAMOUNT SKYDANCE CORP | PSKY | 3,700,000 | $49.6M | 0.26% |
| 43 | PARAMOUNT SKYDANCE CORP | PSKY | 3,450,500 | $46.2M | 0.24% |
| 44 | SYNOPSYS INC | SNPS | 90,000 | $42.3M | 0.22% |
| 45 | AVADEL PHARMACEUTICALS PLC | G29687103 | 1,684,000 | $36.3M | 0.19% |
| 46 | TEGNA INC | 87901J105 | 1,750,000 | $34.0M | 0.18% |
| 47 | CORE SCIENTIFIC INC NEW | 21874A106 | 2,325,000 | $33.9M | 0.18% |
| 48 | NETFLIX INC | NFLX | 360,000 | $33.8M | 0.18% |
| 49 | NETFLIX INC | NFLX | 320,000 | $30.0M | 0.16% |
| 50 | PINNACLE FINL PARTNERS INC | 72346Q104 | 300,000 | $28.6M | 0.15% |
| 51 | CORE SCIENTIFIC INC NEW | 21874A106 | 1,400,000 | $20.4M | 0.11% |
| 52 | SOHO HOUSE & CO INC | 586001109 | 1,476,000 | $13.2M | 0.07% |
| 53 | COREWEAVE INC | CRWV | 170,000 | $12.2M | 0.06% |
| 54 | NETFLIX INC | NFLX | 125,000 | $11.7M | 0.06% |
| 55 | ECHOSTAR CORP | SATS | 100,000 | $10.9M | 0.06% |
| 56 | CHARTER COMMUNICATIONS INC N | 16119P108 | 50,000 | $10.4M | 0.05% |
| 57 | AVIS BUDGET GROUP | CAR | 70,000 | $9.0M | 0.05% |
| 58 | COREWEAVE INC | CRWV | 120,000 | $8.6M | 0.05% |
| 59 | LIBERTY BROADBAND CORP | LBRDP | 170,000 | $8.2M | 0.04% |
| 60 | USA TODAY CO INC | TDAY | 1,400,000 | $7.2M | 0.04% |
| 61 | SPDR S&P 500 ETF TR | SPY | 10,000 | $6.8M | 0.04% |
| 62 | GENEDX HOLDINGS CORP | WGSWW | 50,000 | $6.5M | 0.03% |
| 63 | GENEDX HOLDINGS CORP | WGSWW | 50,000 | $6.5M | 0.03% |
| 64 | ANYWHERE REAL ESTATE INC | 75605Y106 | 350,000 | $5.0M | 0.03% |
| 65 | PROTAGONIST THERAPEUTICS INC | PTGX | 50,000 | $4.4M | 0.02% |
| 66 | GEO GROUP INC NEW | GEO | 250,000 | $4.0M | 0.02% |
| 67 | ATLANTA BRAVES HLDGS INC | BATRB | 90,000 | $3.6M | 0.02% |
| 68 | ORACLE CORP | ORCL-PD | 12,500 | $2.4M | 0.01% |
| 69 | PURETECH HEALTH PLC | PTCHF | 70,000 | $1.2M | 0.01% |
| 70 | KEURIG DR PEPPER INC | KDP | 25,000 | $700,250 | 0.00% |
| 71 | FERMI INC | FRMI | 75,000 | $600,000 | 0.00% |
| 72 | BORR DRILLING LTD | BORR | 75,000 | $302,250 | 0.00% |
| 73 | SHARPLINK GAMING INC | SBET | 20,000 | $178,800 | 0.00% |
| 74 | SHARPLINK GAMING INC | SBET | 20,000 | $178,800 | 0.00% |
| 75 | WHITEFIBER INC | WYFI | 10,000 | $158,000 | 0.00% |
| 76 | WHITEFIBER INC | WYFI | 10,000 | $158,000 | 0.00% |
| 77 | AMC ENTMT HLDGS INC | 00165C302 | 100,000 | $156,000 | 0.00% |