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Portfolio (Quarterly) Guide ↗

Hudson Bay Capital Management LP

· CIK 0001393825
13F Portfolio $30.3B AUM 1,279 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 448 New 268 Added 279 Reduced 486 Exited
Page 10 of 23  ·  448 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
181 BLBD BLUE BIRD CORP Consumer Cyclical 63,600.0 $3.0M 0.01% NEW $47.00 +54.8%
182 EMIS EMMIS ACQUISITION CORP. Financial Services 300,000.0 $3.0M 0.01% NEW $9.95 +1.5%
183 CROWN RESV ACQUISITION CORP 300,000.0 $3.0M 0.01% NEW $9.94
184 EVOX EVOLUTION GLOBAL ACQUISITION Financial Services 300,000.0 $3.0M 0.01% NEW $9.87 +1.3%
185 TDWD TAILWIND 2.0 ACQUISITION COR Financial Services 300,000.0 $3.0M 0.01% NEW $9.86 +1.3%
186 ZS ZSCALER INC Technology 12,757.0 $2.9M 0.01% NEW $224.92 -28.4%
187 BKH BLACK HILLS CORP Utilities 40,638.0 $2.8M 0.01% NEW $69.42 +6.6%
188 ALC ALCON AG Healthcare 35,000.0 $2.8M 0.01% NEW $78.81 -16.3%
189 TAC TRANSALTA CORP Utilities 211,562.0 $2.7M 0.01% NEW $12.64 +1.1%
190 AWK AMERICAN WTR WKS CO INC NEW Utilities 20,238.0 $2.6M 0.01% NEW $130.50 -4.3%
191 CLX CLOROX CO DEL Consumer Defensive 26,027.0 $2.6M 0.01% NEW $100.83 -7.9%
192 NEPTUNE INS HLDGS INC 86,850.0 $2.5M 0.01% NEW $29.16
193 BLZR TRAILBLAZER ACQUISITION CORP Financial Services 252,518.0 $2.5M 0.01% NEW $10.01 +0.8%
194 BCAX BICARA THERAPEUTICS INC Healthcare 150,000.0 $2.5M 0.01% NEW $16.83 +14.6%
195 INVEST GREEN ACQUISITION COR 256,401.0 $2.5M 0.01% NEW $9.84
196 STARRY SEA ACQUISITION CORP 250,000.0 $2.5M 0.01% NEW $10.03
197 ITHAX ACQUISITION CORP III 250,000.0 $2.5M 0.01% NEW $9.96
198 BITCOIN INFRASTRUCTURE ACQUI 250,000.0 $2.5M 0.01% NEW $9.86
199 SC II ACQUISITION CORP 244,376.0 $2.5M 0.01% NEW $10.07
200 CDW CDW CORP Technology 18,060.0 $2.5M 0.01% NEW $136.20 -23.6%
Page 10 of 23  ·  448 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 29.4%
Consumer Cyclical 14.2%
Financial Services 10.8%
Communication Services 10.2%
Healthcare 10.0%
Industrials 8.9%
Real Estate 5.7%
Consumer Defensive 4.3%
Utilities 3.3%
Energy 2.2%