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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 14  ·  279 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
241 FIG FIGMA INC Technology 7,832.0 $293K 0.00% -10K -55.6% $37.37 -40.5%
242 VIXY PROSHARES TR II Financial Services 10,647.0 $273K 0.00% -4K -29.0% $25.64 +4.9%
243 TSCO TRACTOR SUPPLY CO Consumer Cyclical 5,417.0 $271K 0.00% -100K -94.9% $50.01 -37.6%
244 LITE LUMENTUM HLDGS INC Technology 591.0 $218K 0.00% -18K -96.9% $368.59 +149.1%
245 MRK MERCK & CO INC Healthcare 1,800.0 $189K 0.00% -103K -98.3% $105.26 +5.8%
246 INFLECTION POINT ACQU CORP V 217,043.0 $174K 0.00% -233K -51.8% $0.80
247 PUT DIREXION SHS ETF TR 52,100.0 $163K 0.00% -2.7M -98.1% $3.13
248 CEPT CANTOR EQUITY PARTNERS II IN Financial Services 10,000.0 $113K -40K -80.0% $11.26 +8.5%
249 D. BORAL ARC ACQ I CORP. 307,726.0 $112K -142K -31.6% $0.36
250 TEXAS VENTURES ACQUISITION I 121,250.0 $109K -250K -67.3% $0.90
251 WILLOW LANE ACQUISITION CORP 25,000.0 $106K -34K -57.6% $4.25
252 BLUE ACQUISITION CORP. 351,200.0 $105K -24K -6.3% $0.30
253 OYSTER ENTERPRISES II ACQUIS 501,530.0 $100K -195K -28.0% $0.20
254 REAL ASSET ACQUISITION CORP 200,000.0 $86K -125K -38.5% $0.43
255 NEWHOLD INVT CORP III 188,408.0 $85K -250K -57.0% $0.45
256 MOUNTAIN LAKE ACQUISITION CO 349,976.0 $84K -50K -12.5% $0.24
257 CHURCHILL CAP CORP X 5,000.0 $78K -5K -50.0% $15.60
258 PLUM ACQUISITION CORP IV 281,068.0 $76K -144K -33.9% $0.27
259 CSLM DIGITA ASSET ACQ CORP I 198,846.0 $70K -126K -38.8% $0.35
260 EQV VENTURES AC CORP. II 197,760.0 $69K -36K -15.2% $0.35
Page 13 of 14  ·  279 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%