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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 13 of 23  ·  448 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
241 UNIT CALL UNITI GROUP LLC Real Estate 180,000.0 $1.3M 0.00% NEW $7.01 +51.5%
242 BDC BELDEN INC Technology 10,710.0 $1.2M 0.00% NEW $116.55 -12.2%
243 GRDN PUT GUARDIAN PHARMACY SVCS INC Healthcare 40,000.0 $1.2M 0.00% NEW $30.09 +19.6%
244 AXTI AXT INC Technology 67,496.0 $1.1M 0.00% NEW $16.35 +590.6%
245 BLUEPORT ACQUISITION LTD 100,000.0 $1.0M 0.00% NEW $10.08
246 AMERICAN DRIVE ACQUISITION C 100,000.0 $999K 0.00% NEW $9.99
247 LAUNCHPAD CADENZA ACQUISITIO 100,000.0 $998K 0.00% NEW $9.98
248 WSTN WESTIN ACQUISITION CORP Financial Services 100,000.0 $989K 0.00% NEW $9.89 +1.6%
249 OUTFRONT MEDIA INC 40,850.0 $984K 0.00% NEW $24.10
250 BEPC BROOKFIELD RENEWABLE CORP Utilities 25,000.0 $958K 0.00% NEW $38.34 -5.0%
251 TFIN TRIUMPH FINANCIAL INC Financial Services 15,000.0 $939K 0.00% NEW $62.63 +0.5%
252 TRVI TREVI THERAPEUTICS INC Healthcare 75,000.0 $939K 0.00% NEW $12.52 +6.9%
253 MIR MIRION TECHNOLOGIES INC Industrials 40,000.0 $937K 0.00% NEW $23.42 -23.0%
254 CZR CALL CAESARS ENTERTAINMENT INC NE Consumer Cyclical 40,000.0 $936K 0.00% NEW $23.39 +17.9%
255 VENTYX BIOSCIENCES INC 102,357.0 $924K 0.00% NEW $9.03
256 CEPO CANTOR EQUITY PARTNERS I INC Financial Services 81,825.0 $853K 0.00% NEW $10.42 +1.6%
257 KYTX KYVERNA THERAPEUTICS INC Healthcare 88,553.0 $832K 0.00% NEW $9.40 -6.8%
258 TXG 10X GENOMICS INC Healthcare 50,000.0 $816K 0.00% NEW $16.31 +35.9%
259 LPX CALL LOUISIANA PAC CORP Basic Materials 10,000.0 $808K 0.00% NEW $80.76 -15.8%
260 XME SPDR SERIES TRUST 7,500.0 $777K 0.00% NEW $103.61 +7.0%
Page 13 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%