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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 12 of 58  ·  1,160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 ICLR ICON PLC Healthcare 114,000.0 $20.8M 0.07% $182.22 -36.1%
222 REGN REGENERON PHARMACEUTICALS Healthcare 26,127.0 $20.2M 0.07% -8K -22.7% $771.87 -9.5%
223 SCHW SCHWAB CHARLES CORP Financial Services 200,912.0 $20.1M 0.07% -55K -21.6% $99.91 -9.0%
224 TFC TRUIST FINL CORP Financial Services 405,978.0 $20.0M 0.07% +392K +2771.1% $49.21 -4.6%
225 ACHR ARCHER AVIATION INC Industrials 2,648,333.0 $19.9M 0.07% +700K +35.9% $7.52 -21.3%
226 AIG AMERICAN INTL GROUP INC Financial Services 228,379.0 $19.5M 0.06% -36K -13.7% $85.55 -8.4%
227 DMII DRUGS MADE IN AMER ACQ II CO Financial Services 1,969,030.0 $19.5M 0.06% NEW $9.90 +1.3%
228 EQR EQUITY RESIDENTIAL Real Estate 304,594.0 $19.2M 0.06% -44K -12.7% $63.04 +1.3%
229 VOYA VOYA FINANCIAL INC Financial Services 253,740.0 $18.9M 0.06% +102K +67.5% $74.49 +9.3%
230 KNX PUT KNIGHT-SWIFT TRANSN HLDGS IN Industrials 361,400.0 $18.9M 0.06% NEW $52.28 +32.1%
231 AFRM AFFIRM HLDGS INC Technology 252,500.0 $18.8M 0.06% NEW $74.43 -13.5%
232 BFH BREAD FINANCIAL HOLDINGS INC Financial Services 253,251.0 $18.7M 0.06% $74.03 +16.1%
233 ARGX ARGENX SE Healthcare 21,822.0 $18.4M 0.06% +11K +107.8% $840.95 -7.7%
234 IPCX INFLECTION PT ACQUISITION CO Financial Services 1,799,282.0 $18.2M 0.06% -34K -1.8% $10.14 +1.6%
235 LQD ISHARES TR 165,000.0 $18.2M 0.06% $110.19 -2.4%
236 RITHM ACQUISITION CORP 1,724,500.0 $17.9M 0.06% -200K -10.4% $10.39
237 KRE SPDR SERIES TRUST 276,139.0 $17.9M 0.06% +100K +57.0% $64.81 +4.8%
238 CFG CITIZENS FINL GROUP INC Financial Services 304,489.0 $17.8M 0.06% +149K +96.2% $58.41 +4.7%
239 MESHFLOW ACQUISITION CORP 1,756,000.0 $17.6M 0.06% NEW $10.00
240 AME AMETEK INC Industrials 85,361.0 $17.5M 0.06% NEW $205.31 +9.9%
Page 12 of 58  ·  1,160 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%