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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 14 of 23  ·  448 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 ESTA ESTABLISHMENT LABS HLDGS INC Healthcare 10,400.0 $758K 0.00% NEW $72.88 -9.8%
262 HSAI HESAI GROUP Consumer Cyclical 33,574.0 $752K 0.00% NEW $22.40 +0.2%
263 SBET SHARPLINK GAMING INC Financial Services 83,650.0 $748K 0.00% NEW $8.94 -24.8%
264 MOS MOSAIC CO NEW Basic Materials 30,000.0 $723K 0.00% NEW $24.09 -9.7%
265 PROCAP FINL INC 201,250.0 $710K 0.00% NEW $3.53
266 CLH CLEAN HARBORS INC Industrials 3,000.0 $703K 0.00% NEW $234.48 +28.7%
267 QXO QXO INC Industrials 35,000.0 $675K 0.00% NEW $19.29 -15.3%
268 PSKY PARAMOUNT SKYDANCE CORP Communication Services 50,100.0 $671K 0.00% NEW $13.40 -26.2%
269 LBRT LIBERTY ENERGY INC Energy 36,300.0 $670K 0.00% NEW $18.46 +78.5%
270 HAYMAKER ACQUISITION CORP IV 414,916.0 $643K 0.00% NEW $1.55
271 BETA BETA TECHNOLOGIES INC Industrials 22,220.0 $627K 0.00% NEW $28.21 -47.4%
272 IDA IDACORP INC Utilities 4,949.0 $626K 0.00% NEW $126.56 +10.6%
273 UMAC UNUSUAL MACHS INC Financial Services 48,846.0 $622K 0.00% NEW $12.74 +27.2%
274 ANRO ALTO NEUROSCIENCE INC Healthcare 34,789.0 $619K 0.00% NEW $17.80 +22.5%
275 IMSR PUT TERRESTRIAL ENERGY INC Energy 100,000.0 $611K 0.00% NEW $6.11 +19.5%
276 ORKA ORUKA THERAPEUTICS INC Healthcare 20,000.0 $606K 0.00% NEW $30.31 +104.3%
277 GOOG CALL ALPHABET INC Communication Services 1,900.0 $596K 0.00% NEW $313.80 +25.3%
278 ERAS ERASCA INC Healthcare 158,020.0 $588K 0.00% NEW $3.72 +175.0%
279 NBHC NATIONAL BK HLDGS CORP Financial Services 15,229.0 $579K 0.00% NEW $38.01 +7.4%
280 NEW AMER ACQUISITION I CORP 55,000.0 $573K 0.00% NEW $10.41
Page 14 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%