Pentwater Capital Management LP Q3 2022 vs. Q4 2022: A Look at the Biggest Changes in Holdings

Investment management firm, Pentwater Capital Management LP, recently released their Q4 2022 13F filings, and the changes in their holdings from Q3 2022 are raising eyebrows. With significant increases and decreases in many well-known companies, it's worth taking a closer look at the fund's biggest moves.

First on the list is Activision Blizzard Inc, which saw a put option increase of over three million shares, going from 8.8 million shares in Q3 2022 to 11.6 million shares in Q4 2022. Additionally, the firm also picked up almost one million shares of the gaming company's stock, valued at over $646,000 in Q3 2022, and added 50% more shares in Q4, valued at over $888,000.

Another significant increase was in the put option for the SPDR S&P 500 ETF TR, which surged from 747,500 shares in Q3 to 1.58 million shares in Q4. This increase in put options suggests a bearish outlook for the fund in the coming months.

Horizon Therapeutics Pub L also saw significant changes, with the addition of put option shares and a notable increase of over three million shares of their stock. Conversely, the fund also got rid of all its shares in Sierra Wireless Inc in Q4, while holding over two million shares in Q3 2022.

Other noteworthy movements include a substantial increase in Alibaba Group Hldg Ltd put option shares, a large decrease in holdings of Tegna Inc, and the purchase of call options for PG&E Corp.

As with any investment management firm, there are always changes in holdings and strategies. It's essential to keep track of these movements to understand their investment thesis and make smarter investment decisions.

In conclusion, Pentwater Capital Management LP's Q3 2022 vs. Q4 2022 13F filings reveal significant changes in holdings, including increased put option shares for Activision Blizzard Inc and SPDR S&P 500 ETF TR, the addition of over three million shares of Horizon Therapeutics Pub L, and the dumping of all shares in Sierra Wireless Inc. As always, it's vital to keep track of these changes to make informed investment decisions.