Published on 20 Jan 2022 on Insider Monkey via Yahoo Finance

Top 10 Stock Picks of Matthew Halbower’s Pentwater Capital Management

In this piece, we will take a look at the top 10 stock picks of Matthew Halbower's Pentwater Capital Management. If you want to take a look at the top five stocks in this list, then head on over to Top 5 Stock Picks of Matthew Halbower's Pentwater Capital Management.

Pentwater Capital Management is an American hedge fund based out of Naples, Florida. It is managed by Mr. Matthew Halbower, who has been at the helm of affairs at the firm ever since he founded it in 2007. The executive has nearly two decades of experience working in the financial sector. Prior to setting up Pentwater Capital, Mr. Halbower worked at Deephaven Capital Management and the Citadel Investment Group. At the former, he was responsible for managing distressed securities, which are those that are not generating sufficient returns to satisfy a hedge fund's return models and requirements.

Additionally, he also focused on what is termed in the financial world as 'event-driven trading' during his career at Deephaven. This refers to watching out for key events related to a company, such as its earnings reports and investing according to the investor's belief for the share price movement once the event has taken place. For instance, a hedge fund might anticipate that a company is geared up to reveal a bumper earnings report. Subsequently, they might buy the firm's shares with the hopes of the share price appreciating. Mr. Halbower is also one of the few hedge fund executives out there, especially out of those responsible for multi-billion dollar portfolios, with a degree in a science, technology, engineering, and mathematics (STEM) field.