0001140361-12-047365.txt : 20121114 0001140361-12-047365.hdr.sgml : 20121114 20121114172803 ACCESSION NUMBER: 0001140361-12-047365 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 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: 121205730 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: 9/30/2012 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 11/14/2012 --------------------------------- --------------------------------- ---------- [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: 98 Form 13F Information Table Value Total: $ 2,707,634 -------------- (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 ---------------------------- ------------------- --------- -------- -------- --- ---- ---------- -------- -------- ------ ---- ALLISON TRANSMISSION HLDGS I COM 01973R101 5231 260000 SH SOLE 260000 0 0 ALLISON TRANSMISSION HLDGS I COM 01973R951 648 32200 SH PUT SOLE 32200 0 0 ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 7452 600000 SH SOLE 600000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X902 8672 1320000 SH CALL SOLE 1320000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 13403 2040000 SH SOLE 2040000 0 0 ALPHA NATURAL RESOURCES INC NOTE 2.375% 4/15 02076XAA0 8790 9950000 PRN SOLE 9950000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X952 13107 1995000 SH PUT SOLE 1995000 0 0 AMERICAN GREETINGS CORP CL A 026375105 1680 100000 SH SOLE 100000 0 0 AMERIGROUP CORP COM 03073T102 93259 1020000 SH SOLE 1020000 0 0 ANADARKO PETE CORP COM 032511907 48042 687100 SH CALL SOLE 687100 0 0 ANADARKO PETE CORP COM 032511107 68522 980000 SH SOLE 980000 0 0 ANADARKO PETE CORP COM 032511957 57278 819200 SH PUT SOLE 819200 0 0 ANCESTRY COM INC COM 032511108 4211 140000 SH SOLE 140000 0 0 ARIBA INC COM 04033V203 129920 2900000 SH SOLE 2900000 0 0 ATP OIL & GAS CORPORATION COM 00208J108 252 1800000 SH SOLE 1800000 0 0 ATP OIL & GAS CORPORATION COM 00208J958 127 910000 SH PUT SOLE 910000 0 0 AVIS BUDGET GROUP COM 053774105 615 40000 SH SOLE 40000 0 0 BANK OF AMERICA CORPORATION COM 060505104 1810 205000 SH SOLE 205000 0 0 BANK OF AMERICA CORPORATION 7.25%CNV PFD L 060505682 436 400 SH SOLE 400 0 0 BEST BUY INC COM 086516901 442 25700 SH CALL SOLE 25700 0 0 BRIGHTPOINT INC COM 109473405 1076 120000 SH SOLE 120000 0 0 BURGER KING WORLDWIDE INC COM 121220107 2667 191319 SH SOLE 191319 0 0 CHICAGO BRIDGE & IRON CO N V COM 167250909 1965 51600 SH CALL SOLE 51600 0 0 CHIQUITA BRANDS INTL INC NOTE 4.250% 8/16 170032AT3 10610 12005000 PRN SOLE 12005000 0 0 CITIZENS REPUBLIC BANCORP IN COM 174420307 983 50800 SH SOLE 50800 0 0 COLLECTIVE BRANDS INC COM 19421W100 31542 1452900 SH SOLE 1452900 0 0 COVENTRY HEALTH CARE INC COM 222862104 108394 2600000 SH SOLE 2600000 0 0 CUMULUS MEDIA INC CL A 231082108 436 158994 SH SOLE 158994 0 0 DELPHI AUTOMOTIVE PLC COM G27823956 11786 380200 SH PUT SOLE 380200 0 0 DELPHI AUTOMOTIVE PLC SHS G27823106 40300 1300000 SH SOLE 1300000 0 0 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743905 1043 12000 SH CALL SOLE 12000 0 0 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 224327 2580550 SH SOLE 2580550 0 0 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743955 9667 111200 SH PUT SOLE 111200 0 0 DUFF & PHELPS CORP CL A 26433B107 1028 75558 SH SOLE 75558 0 0 DUN & BRADSTREET CORP COM 26483E900 1847 23200 SH CALL SOLE 23200 0 0 EQUINIX INC COM 29444U902 3091 15000 SH CALL SOLE 15000 0 0 EQUINIX INC COM 29444U952 4121 20000 SH PUT SOLE 20000 0 0 FACEBOOK INC COM 30303M902 650 30000 SH CALL SOLE 30000 0 0 FACEBOOK INC CL A 30303M102 25994 1200100 SH SOLE 1200100 0 0 FACEBOOK INC COM 30303M952 2383 110000 SH PUT SOLE 110000 0 0 FOCUS MEDIA HLDG LTD COM 34415V959 5850 250000 SH PUT SOLE 250000 0 0 FOCUS MEDIA HLDG LTD SPONSORED ADR 34415V109 19656 840000 SH SOLE 840000 0 0 FUSHI COPPERWELD INC COM 36113E107 25997 2860000 SH SOLE 2860000 0 0 GENERAL MTRS CO COM 37045V950 20805 914500 SH PUT SOLE 914500 0 0 GENERAL MTRS CO *W EXP 07/10/2016 37045V118 13662 991446 SH SOLE 991446 0 0 GENERAL MTRS CO *W EXP 07/10/2019 37045V126 8189 991438 SH SOLE 991438 0 0 GENON ENERGY INC COM 37244E107 2720 1075000 SH SOLE 1075000 0 0 GEOEYE INC COM 37250W108 4025 152288 SH SOLE 152288 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 1364 12000 SH SOLE 12000 0 0 GRACE W R COM 38388F908 3173 53700 SH CALL SOLE 53700 0 0 GRACE W R COM 38388F108 18315 310000 SH SOLE 310000 0 0 HEARTWARE INTL INC COM 422368100 25786 272900 SH SOLE 272900 0 0 HEARTWARE INTL INC NOTE 3.500%12/17 422368AA8 20968 17000000 PRN SOLE 17000000 0 0 HERTZ GLOBAL HOLDINGS INC COM 42805T905 4119 300000 SH CALL SOLE 300000 0 0 HOMESTREET INC COM 43785V102 7339 192840 SH SOLE 192840 0 0 JPMORGAN CHASE & CO COM 46625H900 45281 1118600 SH CALL SOLE 1118600 0 0 JPMORGAN CHASE & CO COM 46625H950 20827 514500 SH PUT SOLE 514500 0 0 JPMORGAN CHASE & CO COM 46625H100 45149 1115346 SH SOLE 1115346 0 0 KINDER MORGAN INC COM 49456B101 355 10000 SH SOLE 10000 0 0 KINDER MORGAN INC *W EXP 05/25/2017 49456B119 3929 1125881 SH SOLE 1125881 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 ---------------------------- ------------------- --------- -------- -------- --- ---- ---------- -------- -------- ------ ---- KIPS BAY MED INC COM 49726K105 266 146000 SH SOLE 146000 0 0 LEAP WIRELESS INTL INC COM 521863308 33710 4950011 SH SOLE 4950011 0 0 LEAP WIRELESS INTL INC COM 521863958 36197 5315000 SH PUT SOLE 5315000 0 0 LYONDELLBASELL INDUSTRIES COM N53745900 32969 638200 SH CALL SOLE 638200 0 0 LYONDELLBASELL INDUSTRIES COM N53745950 15736 304600 SH PUT SOLE 304600 0 0 LYONDELLBASELL INDUSTRIES SHS - A - N53745100 14981 290000 SH SOLE 290000 0 0 MCMORAN EXPLORATION CO COM 582411904 1262 107400 SH CALL SOLE 107400 0 0 MCMORAN EXPLORATION CO COM 582411104 6051 515000 SH SOLE 515000 0 0 MCMORAN EXPLORATION CO COM 582411954 5648 480700 SH PUT SOLE 480700 0 0 MEAD JOHNSON NUTRITION CO COM 582839906 769 10500 SH CALL SOLE 10500 0 0 MEDICIS PHARMACEUTICAL CORP CL A 584690309 7777 179725 SH SOLE 179725 0 0 NEXEN INC COM 65334H102 105414 4160000 SH SOLE 4160000 0 0 NEXEN INC COM 65334H952 21395 844300 SH PUT SOLE 844300 0 0 ONYX PHARMACEUTICALS INC COM 683399909 63375 750000 SH CALL SOLE 750000 0 0 ONYX PHARMACEUTICALS INC COM 683399109 1666 19713 SH SOLE 19713 0 0 ONYX PHARMACEUTICALS INC COM 683399959 50700 600000 SH PUT SOLE 600000 0 0 PAR PHARMACEUTICAL COS INC COM 69888P106 37325 746800 SH SOLE 746800 0 0 QUEST SOFTWARE INC COM 74834T103 7000 250000 SH SOLE 250000 0 0 SANOFI RIGHT 12/31/2020 80105N113 2604 1550000 SH SOLE 1550000 0 0 SEARS HLDGS CORP COM 812350956 2067 40000 SH PUT SOLE 40000 0 0 SHAW GROUP INC COM 820280105 105521 2419100 SH SOLE 2419100 0 0 SHAW GROUP INC COM 820280955 17989 412400 SH PUT SOLE 412400 0 0 SIRIUS XM RADIO INC COM 82967N108 10360 4000000 SH SOLE 4000000 0 0 SIRIUS XM RADIO INC COM 82967N958 10360 4000000 SH PUT SOLE 4000000 0 0 SIX FLAGS ENTMT CORP COM 83001A102 86201 1466000 SH SOLE 1466000 0 0 SPDR S&P 500 ETF TR COM 78462F903 35993 250000 SH CALL SOLE 250000 0 0 SPDR S&P 500 ETF TR COM 78462F953 544207 3780000 SH PUT SOLE 3780000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 4679 32500 SH SOLE 32500 0 0 STEWART ENTERPRISES INC CL A 860370105 90720 10800000 SH SOLE 10800000 0 0 TALBOTS INC *W EXP 04/09/2015 874161110 0 1339985 SH SOLE 1339985 0 0 TPC GROUP INC COM 89236Y104 792 19400 SH SOLE 19400 0 0 TURQUOISE HILL RES LTD COM 900435108 11872 1400000 SH SOLE 1400000 0 0 TURQUOISE HILL RES LTD COM 900435958 9922 1170000 SH PUT SOLE 1170000 0 0 VENOCO INC COM 92275P307 21384 1800000 SH SOLE 1800000 0 0 VISTEON CORP COM 92839U906 1556 35000 SH CALL SOLE 35000 0 0 WALTER ENERGY INC COM 93317Q905 21911 675000 SH CALL SOLE 675000 0 0 WALTER ENERGY INC COM 93317Q105 20612 635010 SH SOLE 635010 0 0 WALTER ENERGY INC COM 93317Q955 21326 657000 SH PUT SOLE 657000 0 0