0001140361-12-025550.txt : 20120515 0001140361-12-025550.hdr.sgml : 20120515 20120515172026 ACCESSION NUMBER: 0001140361-12-025550 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 EFFECTIVENESS DATE: 20120515 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: 12846099 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 NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2012 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: 28-12843 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 submission. 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 5/15/2012 --------------------------------- --------------------------------- ---------- [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: 94 Form 13F Information Table Value Total: $ 3,077,540 -------------- (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 ---------------------------- ------------------ --------- -------- -------- --- ---- ---------- -------- -------- ------ ---- ABOVENET INC COM 00374N107 6624 80000 SH SOLE 80000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 24184 1590000 SH SOLE 1590000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X952 18480 1215000 SH PUT SOLE 1215000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X902 3042 200000 SH CALL SOLE 200000 0 0 ALPHA NATURAL RESOURCES INC NOTE 2.375% 4/15 02076XAA0 8999 9950 PRN SOLE 9950 0 0 AMERICAN TOWER CORP COM 03027X100 11974 190000 SH SOLE 190000 0 0 AMYLIN PHARMACEUTICALS INC COM 032346908 2496 100000 SH CALL SOLE 100000 0 0 ANADARKO PETE CORP COM 032511107 40933 522500 SH SOLE 522500 0 0 ANADARKO PETE CORP COM 032511907 10968 140000 SH CALL SOLE 140000 0 0 ANADARKO PETE CORP COM 032511957 7834 100000 SH PUT SOLE 100000 0 0 ARMOUR RESIDENTIAL REIT INC COM 042315101 675 100000 SH SOLE 100000 0 0 ATP OIL & GAS CORP COM 00208J958 2573 350000 SH PUT SOLE 350000 0 0 BANK OF AMERICA CORPORATION COM 060505104 1196 125000 SH SOLE 125000 0 0 COLLECTIVE BRANDS INC COM 19421W100 5308 270000 SH SOLE 270000 0 0 CONOCOPHILLIPS COM 20825C104 6081 80000 SH SOLE 80000 0 0 CONOCOPHILLIPS COM 20825C904 7601 100000 SH CALL SOLE 100000 0 0 DELPHI AUTOMOTIVE PLC SHS G27823106 52321 1655741 SH SOLE 1655741 0 0 DELPHI FINL GROUP INC CL A 247131105 582 13000 SH SOLE 13000 0 0 DIAMOND FOODS INC COM 252603105 5014 219700 SH SOLE 219700 0 0 DIAMOND FOODS INC COM 252603955 2282 100000 SH PUT SOLE 100000 0 0 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 192988 2385222 SH SOLE 2385222 0 0 EL PASO CORP COM 28336L109 353639 11967484 SH SOLE 11967484 0 0 EL PASO CORP COM 28336L959 7092 240000 SH PUT SOLE 240000 0 0 EQUINIX INC COM 29444U902 3936 25000 SH CALL SOLE 25000 0 0 EQUINIX INC COM 29444U952 3149 20000 SH PUT SOLE 20000 0 0 EQUINIX INC COM 29444U502 1889 12000 SH SOLE 12000 0 0 EXPRESS SCRIPTS INC COM 302182900 9211 170000 SH CALL SOLE 170000 0 0 GENERAL MTRS CO W EXP 07/10/2016 37045V118 16802 1010346 SH SOLE 1010346 0 0 GENERAL MTRS CO W EXP 07/10/2019 37045V126 11428 1020346 SH SOLE 1020346 0 0 GENERAL MTRS CO COM 37045V950 12333 490000 SH PUT SOLE 490000 0 0 GLOBALEAGLE ACQUISITION COR UNIT 37951D201 192 18900 SH SOLE 18900 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 2477 19920 SH SOLE 19920 0 0 GOLDMAN SACHS GROUP INC COM 38141G954 1244 10000 SH PUT SOLE 10000 0 0 GOODRICH CORP COM 382388106 258406 2060000 SH SOLE 2060000 0 0 HARLEYSVILLE GROUP INC COM 412824104 14425 250000 SH SOLE 250000 0 0 HEARTWARE INTL INC NOTE 3.500%12/17 422368AA8 17542 17000 PRN SOLE 17000 0 0 HEARTWARE INTL INC COM 422368100 23780 362000 SH SOLE 362000 0 0 HICKS ACQUISITION CO II INC UNIT 429090202 5224 510182 SH SOLE 510182 0 0 HOMESTREET INC COM 43785V102 7506 270000 SH SOLE 270000 0 0 HUDSON CITY BANCORP COM 443683107 2926 400000 SH SOLE 400000 0 0 ILLUMINA INC COM 452327109 54188 1030000 SH SOLE 1030000 0 0 ILLUMINA INC COM 452327959 36932 702000 SH PUT SOLE 702000 0 0 ILLUMINA INC COM 452327909 31608 600800 SH CALL SOLE 600800 0 0 IVANHOE MINES LTD COM 46579N903 8814 560000 SH CALL SOLE 560000 0 0 IVANHOE MINES LTD COM 46579N953 3928 250000 SH PUT SOLE 250000 0 0 JPMORGAN CHASE & CO COM 46625H900 23910 520000 SH CALL SOLE 520000 0 0 JPMORGAN CHASE & CO COM 46625H100 39676 862896 SH SOLE 862896 0 0 KINDER MORGAN INC DEL COM 49456B951 64109 1658700 SH PUT SOLE 1658700 0 0 KIPS BAY MED INC COM 49726K105 218 146000 SH SOLE 146000 0 0 LEAP WIRELESS INTL INC COM 521863958 46400 5315000 SH PUT SOLE 5315000 0 0 LEAP WIRELESS INTL INC COM 521863308 43214 4950011 SH SOLE 4950011 0 0 LOOPNET INC COM 543524300 65274 3475703 SH SOLE 3475703 0 0 LYONDELLBASELL INDUSTRIES N COM N53745950 20681 473800 SH PUT SOLE 473800 0 0 LYONDELLBASELL INDUSTRIES N COM N53745900 13095 300000 SH CALL SOLE 300000 0 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 22262 510000 SH SOLE 510000 0 0 MCMORAN EXPLORATION CO COM 582411104 6795 635000 SH SOLE 635000 0 0 MCMORAN EXPLORATION CO COM 582411954 6955 650000 SH PUT SOLE 650000 0 0 MEAD JOHNSON NUTRITION CO COM 582839106 388 4700 SH SOLE 4700 0 0 MEDCO HEALTH SOLUTIONS INC COM 58405U952 107559 1530000 SH PUT SOLE 1530000 0 0 MEDCO HEALTH SOLUTIONS INC COM 58405U902 7030 100000 SH CALL SOLE 100000 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 ---------------------------- ------------------ --------- -------- -------- --- ---- ---------- -------- -------- ------ ---- MEDCO HEALTH SOLUTIONS INC COM 58405U102 326066 4638206 SH SOLE 4638206 0 0 MOTOROLA MOBILITY HLDGS INC COM 620097955 19620 500000 SH PUT SOLE 500000 0 0 MOTOROLA MOBILITY HLDGS INC COM 620097105 99277 2530000 SH SOLE 2530000 0 0 ONYX PHARMACEUTICALS INC COM 683399959 35796 950000 SH PUT SOLE 950000 0 0 ONYX PHARMACEUTICALS INC COM 683399909 16579 440000 SH CALL SOLE 440000 0 0 ONYX PHARMACEUTICALS INC COM 683399109 64433 1710000 SH SOLE 1710000 0 0 PROGRESS ENERGY INC COM 743263105 1226 23090 SH SOLE 23090 0 0 RSC HOLDINGS INC COM 74972L102 25382 1123600 SH SOLE 1123600 0 0 SANOFI RIGHT 12/31/2020 80105N113 5347 3960400 SH SOLE 3960400 0 0 SEARS HLDGS CORP COM 812350956 1988 30000 SH PUT SOLE 30000 0 0 SIRIUS XM RADIO INC COM 82967N958 2310 1000000 SH PUT SOLE 1000000 0 0 SIRIUS XM RADIO INC COM 82967N108 1690 731400 SH SOLE 731400 0 0 SIX FLAGS ENTMT CORP COM 83001A102 147840 3161000 SH SOLE 3161000 0 0 SOLUTIA INC COM 834376501 10346 370300 SH SOLE 370300 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 28162 200000 SH SOLE 200000 0 0 SPDR S&P 500 ETF TR COM 78462F903 8449 60000 SH CALL SOLE 60000 0 0 SPDR S&P 500 ETF TR COM 78462F953 296405 2105000 SH PUT SOLE 2105000 0 0 STEWART ENTERPRISES INC CL A 860370105 20462 3371000 SH SOLE 3371000 0 0 TALBOTS INC W EXP 04/09/2015 874161110 46 1520600 SH SOLE 1520600 0 0 TALEO CORP CL A 87424N104 13779 300000 SH SOLE 300000 0 0 THOMAS & BETTS CORP COM 884315102 3596 50000 SH SOLE 50000 0 0 TRANSCEND SERVICES INC COM 893929208 734 25000 SH SOLE 25000 0 0 TUDOU HLDGS LTD SPONSORED ADS 89903T107 449 15200 SH SOLE 15200 0 0 VENOCO INC COM 92275P307 6276 579000 SH SOLE 579000 0 0 WALTER ENERGY INC COM 93317Q105 21506 363210 SH SOLE 363210 0 0 WALTER ENERGY INC COM 93317Q955 20007 337900 SH PUT SOLE 337900 0 0 WALTER ENERGY INC COM 93317Q905 18213 307600 SH CALL SOLE 307600 0 0 WR GRACE & CO COM 38388F908 2890 50000 SH CALL SOLE 50000 0 0 WR GRACE & CO COM 38388F108 15606 270000 SH SOLE 270000 0 0 YAHOO INC COM 984332106 58780 3862000 SH SOLE 3862000 0 0 YOUKU INC COM 98742U950 1100 50000 SH PUT SOLE 50000 0 0 YOUKU INC COM 98742U900 1100 50000 SH CALL SOLE 50000 0 0 YOUKU INC SPONSORED ADR 98742U100 347 15775 SH SOLE 15775 0 0 ZOLL MED CORP COM 989922109 33347 360000 SH SOLE 360000 0 0