0001140361-11-027418.txt : 20110513 0001140361-11-027418.hdr.sgml : 20110513 20110513172048 ACCESSION NUMBER: 0001140361-11-027418 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110513 DATE AS OF CHANGE: 20110513 EFFECTIVENESS DATE: 20110513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pentwater Capital Management LP CENTRAL INDEX KEY: 0001425851 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12843 FILM NUMBER: 11842357 BUSINESS ADDRESS: STREET 1: 227 WEST MONROE STREET 2: SUITE 4000 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-589-6400 MAIL ADDRESS: STREET 1: 227 WEST MONROE STREET 2: SUITE 4000 CITY: CHICAGO STATE: IL ZIP: 60606 13F-HR 1 form13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2011 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Pentwater Capital Management LP Address: 227 West Monroe Street, Suite 4000 Chicago, IL 60606 Form 13F File Number: 028-12843 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Persons Signing this Report on Behalf of Reporting Manager: Name: Neal Nenadovic Title: Chief Financial Officer Phone: 312-589-6405 Signature, Place, and Date of Signing: /s/ Neal Nenadovic Chicago, IL 5/13/2011 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 126 Form 13F Information Table Value Total: $ 3,697,223 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------------------- ---------------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------------------------- ---------------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ---- 99 CENTS ONLY STORES COM 65440K106 1568 80000 SH SOLE 80000 0 0 99 CENTS ONLY STORES COM 65440K906 1568 80000 SH CALL SOLE 80000 0 0 AIR PRODS & CHEMS INC COM 009158106 902 10000 SH SOLE 10000 0 0 AIRGAS INC COM 009363102 79040 1190000 SH SOLE 1190000 0 0 AIRGAS INC COM 009363952 50307 757400 SH PUT SOLE 757400 0 0 AIRGAS INC COM 009363902 193 2900 SH CALL SOLE 2900 0 0 AIRTRAN HLDGS INC COM 00949P108 48425 6500000 SH SOLE 6500000 0 0 ALBERTO CULVER CO COM 013078100 40997 1100000 SH SOLE 1100000 0 0 ALCON INC COM SHS H01301102 56376 340617 SH SOLE 340617 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 26864 452492 SH SOLE 452492 0 0 ALPHA NATURAL RESOURCES INC COM 02076X952 16624 280000 SH PUT SOLE 280000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X902 78962 1330000 SH CALL SOLE 1330000 0 0 AMERICAN CAPITAL AGENCY CORP COM 02503X105 3788 130000 SH SOLE 130000 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 541 15400 SH SOLE 15400 0 0 AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 5142 462000 SH SOLE 462000 0 0 ADDED AMERICAN TOWER CORP CL A 029912201 38347 740000 SH SOLE 740000 0 0 AMERICAN TOWER CORP COM 029912951 1555 30000 SH PUT SOLE 30000 0 0 AMERICAN TOWER CORP COM 029912901 16064 310000 SH CALL SOLE 310000 0 0 ATHEROS COMMUNICATIONS INC COM 04743P108 98422 2203800 SH SOLE 2203800 0 0 ATP OIL & GAS CORP COM 00208J108 6444 355825 SH SOLE 355825 0 0 ATP OIL & GAS CORP COM 00208J958 3079 170000 SH PUT SOLE 170000 0 0 BANK OF AMERICA CORPORATION COM 060505904 717 53800 SH CALL SOLE 53800 0 0 BANK OF AMERICA CORPORATION COM 060505104 9462 709800 SH SOLE 709800 0 0 BECKMAN COULTER INC COM 075811959 25270 304200 SH PUT SOLE 304200 0 0 BECKMAN COULTER INC COM 075811109 178601 2150000 SH SOLE 2150000 0 0 BIG LOTS INC COM 089302953 19109 440000 SH PUT SOLE 440000 0 0 BIG LOTS INC COM 089302103 22366 515000 SH SOLE 515000 0 0 BJS WHOLESALE CLUB INC COM 05548J956 31733 650000 SH PUT SOLE 650000 0 0 BJS WHOLESALE CLUB INC COM 05548J106 51749 1060000 SH SOLE 1060000 0 0 BUCYRUS INTL INC COM 118759909 21802 238400 SH CALL SOLE 238400 0 0 BUCYRUS INTL INC COM 118759109 76611 837735 SH SOLE 837735 0 0 CELSIUS HOLDINGS INC COM NEW 15118V207 46 117268 SH SOLE 117268 0 0 CEPHALON INC COM 156708959 33095 435000 SH PUT SOLE 435000 0 0 CEPHALON INC COM 156708909 936 12300 SH CALL SOLE 12300 0 0 CEPHALON INC COM 156708109 17879 235000 SH SOLE 235000 0 0 CISCO SYS INC COM 17275R902 3430 200000 SH CALL SOLE 200000 0 0 CITIGROUP INC COM 172967101 15198 3438500 SH SOLE 3438500 0 0 CNA SURETY CORP COM 12612L108 17366 687500 SH SOLE 687500 0 0 CONEXANT SYSTEMS INC COM NEW 207142308 478 200000 SH SOLE 200000 0 0 CREXUS INVT CORP COM 226553105 4968 435000 SH SOLE 435000 0 0 CUMULUS MEDIA INC CL A 231082108 914 210600 SH SOLE 210600 0 0 DRUGSTORE COM INC COM 262241102 4620 1200000 SH SOLE 1200000 0 0 EMERGENCY MEDICAL SVCS CORP CL A 29100P102 57231 900000 SH SOLE 900000 0 0 ENDEAVOUR INTL CORP COM NEW 29259G200 1080 85000 SH SOLE 85000 0 0 EXCO RESOURCES INC COM 269279402 4958 240000 SH SOLE 240000 0 0 FRONTEER GOLD INC COM 359032109 19674 1300000 SH SOLE 1300000 0 0 FX ENERGY INC COM 302695101 627 75000 SH SOLE 75000 0 0 GAIN CAP HLDGS INC COM 36268W100 1918 250000 SH SOLE 250000 0 0 GAP INC COM 364760108 2274 100352 SH SOLE 100352 0 0 GASTAR EXPL LTD COM NEW 367299203 370 76102 SH SOLE 76102 0 0 GENERAL MTRS CO COM 37045V950 47321 1525000 SH PUT SOLE 1525000 0 0 GENZYME CORP COM 372917104 429657 5641876 SH SOLE 5641876 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 30388 191602 SH SOLE 191602 0 0 GOLDMAN SACHS GROUP INC COM 38141G904 4758 30000 SH CALL SOLE 30000 0 0 GRACE W R & CO COM 38388F108 11487 300000 SH SOLE 300000 0 0 GSI COMMERCE INC COM 36238G102 6586 225000 SH SOLE 225000 0 0 HARBIN ELECTRIC INC COM 41145W109 25970 1255200 SH SOLE 1255200 0 0 HARBIN ELECTRIC INC COM 41145W959 33716 1629600 SH PUT SOLE 1629600 0 0 HEARTWARE INTL INC NOTE 3.500%12/1 422368AA8 16209 14500 PRN SOLE 14500 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------------------- ---------------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------------------------- ---------------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ---- HEARTWARE INTL INC COM 422368100 16163 189000 SH SOLE 189000 0 0 HUGHES COMMUNICATIONS INC COM 444398101 34520 578513 SH SOLE 578513 0 0 HYPERCOM CORP COM 44913M105 23503 1953700 SH SOLE 1953700 0 0 ITT CORP COM 450911102 3603 60000 SH SOLE 60000 0 0 IVANHOE MINES LTD COM 46579N103 1098 40000 SH SOLE 40000 0 0 JPMORGAN CHASE & CO COM 46625H950 66679 1446400 SH PUT SOLE 1446400 0 0 JPMORGAN CHASE & CO COM 46625H900 24096 522700 SH CALL SOLE 522700 0 0 JPMORGAN CHASE & CO COM 46625H100 105727 2293421 SH SOLE 2293421 0 0 KEMET CORP COM NEW 488360207 8601 580000 SH SOLE 580000 0 0 KINDER MORGAN INC COM ADDED 49456B101 7114 240000 SH SOLE 240000 0 0 KIPS BAY MED INC COM ADDED 49726K105 739 117318 SH SOLE 117318 0 0 L-1 IDENTITY SOLUTIONS INC COM 50212A106 589 50000 SH SOLE 50000 0 0 LEAP WIRELESS INTL INC COM 521863958 51359 3319900 SH PUT SOLE 3319900 0 0 LEAP WIRELESS INTL INC COM NEW 521863308 58442 3777781 SH SOLE 3777781 0 0 LIBERTY MEDIA CORP LIB STAR COM A 53071M708 17964 231500 SH SOLE 231500 0 0 LORAL SPACE & COMMUNICATNS I COM 543881106 27918 360000 SH SOLE 360000 0 0 LUBRIZOL CORP COM 549271904 43818 327100 SH CALL SOLE 327100 0 0 LYONDELLBASELL INDUSTRIES N COM N53745900 791 20000 SH CALL SOLE 20000 0 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 316 8000 SH SOLE 8000 0 0 MAGNACHIP SEMICONDUCTOR CORP DEPOSITARY SHS ADDED 55933J203 6325 460000 SH SOLE 460000 0 0 MARSHALL & ILSLEY CORP COM 571837103 12920 1617000 SH SOLE 1617000 0 0 MASSEY ENERGY COMPANY COM 576206106 126466 1850000 SH SOLE 1850000 0 0 MASSEY ENERGY COMPANY COM 576206956 79298 1160000 SH PUT SOLE 1160000 0 0 MCMORAN EXPLORATION CO COM 582411104 3188 180000 SH SOLE 180000 0 0 MCMORAN EXPLORATION CO COM 582411954 1240 70000 SH PUT SOLE 70000 0 0 MCMORAN EXPLORATION CO COM 582411904 3099 175000 SH CALL SOLE 175000 0 0 MEAD JOHNSON NUTRITION CO COM 582839106 4634 80000 SH SOLE 80000 0 0 MEDLEY CAP CORP COM ADDED 58503F106 3900 320200 SH SOLE 320200 0 0 MEDQUIST HLDGS INC COM ADDED 58506K102 2072 198843 SH SOLE 198843 0 0 METLIFE INC COM 59156R108 3758 80000 SH SOLE 80000 0 0 NAVISITE INC COM NEW 63935M208 1373 250000 SH SOLE 250000 0 0 NII HLDGS INC COM 62913F951 8334 200000 SH PUT SOLE 200000 0 0 NII HLDGS INC CL B NEW 62913F201 10834 260000 SH SOLE 260000 0 0 NORTHERN OIL & GAS INC NEV COM 665531959 6675 250000 SH PUT SOLE 250000 0 0 NORTHERN OIL & GAS INC NEV COM 665531109 8177 306272 SH SOLE 306272 0 0 NOVARTIS A G COM 66987V959 20811 382900 SH PUT SOLE 382900 0 0 NOVARTIS A G COM 66987V909 96243 1770800 SH CALL SOLE 1770800 0 0 NYSE EURONEXT COM 629491101 73857 2100000 SH SOLE 2100000 0 0 NYSE EURONEXT COM 629491951 59086 1680000 SH PUT SOLE 1680000 0 0 PENN VA CORP COM 707882106 555 32708 SH SOLE 32708 0 0 PRIDE INTL INC DEL COM 74153Q102 34016 792000 SH SOLE 792000 0 0 PROMOTORA DE INFORMACIONES S ADR CL B CONV 74343G303 2088 175000 SH SOLE 175000 0 0 PROSHARES TR ULTSHT OIL NEW 74347X591 476 18000 SH SOLE 18000 0 0 QWEST COMMUNICATIONS INTL IN COM 749121109 60082 8796800 SH SOLE 8796800 0 0 REHABCARE GROUP INC COM 759148109 576 15627 SH SOLE 15627 0 0 RETAIL VENTURES INC COM 76128Y102 4310 249872 SH SOLE 249872 0 0 ROCK-TENN CO CL A 772739207 1819 26228 SH SOLE 26228 0 0 SARA LEE CORP COM 803111103 12016 680000 SH SOLE 680000 0 0 SERVICE CORP INTL COM 817565104 1936 175000 SH SOLE 175000 0 0 SIX FLAGS ENTMT CORP COM 83001A102 141264 1962000 SH SOLE 1962000 0 0 SMURFIT-STONE CONTAINER CORP COM 83272A104 750 19400 SH SOLE 19400 0 0 SOUTHWEST AIRLS CO COM 844741908 2526 200000 SH CALL SOLE 200000 0 0 SPDR S&P 500 ETF TR COM 78462F953 175735 1325400 SH PUT SOLE 1325400 0 0 SPDR S&P 500 ETF TR COM 78462F903 147228 1110400 SH CALL SOLE 1110400 0 0 SRA INTL INC CL A 78464R105 9217 325001 SH SOLE 325001 0 0 SRA INTL INC COM 78464R955 8395 296000 SH PUT SOLE 296000 0 0 SUMMIT HOTEL PPTYS INC COM ADDED 866082100 4473 450000 SH SOLE 450000 0 0 TALBOTS INC *W EXP 04/09/201 874161110 927 1520600 SH SOLE 1520600 0 0 TALECRIS BIOTHERAPEUTICS HLD COM 874227101 134536 5020000 SH SOLE 5020000 0 0 TENET HEALTHCARE CORP COM 88033G100 36952 4960000 SH SOLE 4960000 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------------------- ---------------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------------------------- ---------------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ---- TERREMARK WORLDWIDE INC COM NEW 881448203 10959 576799 SH SOLE 576799 0 0 TWO HBRS INVT CORP COM 90187B101 942 90000 SH SOLE 90000 0 0 UNIVERSAL TRAVEL GROUP COM NEW 91388Q202 107 25000 SH SOLE 25000 0 0 VERIGY LTD SHS Y93691106 21186 1503600 SH SOLE 1503600 0 0 VOYAGER OIL & GAS INC COM ADDED 92911K100 1364 310000 SH SOLE 310000 0 0 WESCO FINL CORP COM 950817106 973 2500 SH SOLE 2500 0 0 WIMM BILL DANN FOODS OJSC SPONSORED ADR 97263M109 50707 1515000 SH SOLE 1515000 0 0