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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 38 of 58  ·  1,160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
741 ZLAB ZAI LAB LTD Healthcare 90,000.0 $1.6M 0.01% NEW $17.64 +2.9%
742 MOS CALL MOSAIC CO NEW Basic Materials 65,000.0 $1.6M 0.01% NEW $24.09 -11.5%
743 HYCROFT MINING HOLDING CORP 65,676.0 $1.6M 0.01% NEW $23.77
744 CGCT CARTESIAN GROWTH CORP III Financial Services 150,300.0 $1.5M 0.01% -94K -38.4% $10.29 +1.1%
745 JBT MAREL CORPORATION 10,256.0 $1.5M 0.01% -40K -79.8% $150.67
746 PALISADE BIO INC 656,460.0 $1.5M 0.01% NEW $2.35
747 IPEX INFLECTION POINT ACQU CORP V Financial Services 150,000.0 $1.5M 0.01% $10.26 +2.1%
748 ABOS ACUMEN PHARMACEUTICALS INC Healthcare 725,000.0 $1.5M 0.01% $2.11 +4.7%
749 YORKVILLE ACQUISITION CORP. 150,000.0 $1.5M 0.01% $10.13
750 JANX JANUX THERAPEUTICS INC Healthcare 110,000.0 $1.5M 0.01% +60K +120.0% $13.80 +4.3%
751 GLOBA TERRA ACQUISITION COR 150,000.0 $1.5M 0.01% $10.10
752 APP APPLOVIN CORP Technology 2,247.0 $1.5M 0.01% NEW $673.82 -30.7%
753 AXIOM INTELLIGENCE AC CORP 1 150,000.0 $1.5M 0.01% $10.07
754 QCOM QUALCOMM INC Technology 8,775.0 $1.5M 0.01% -157K -94.7% $171.05 +14.5%
755 REPL REPLIMUNE GROUP INC Healthcare 153,650.0 $1.5M 0.01% NEW $9.72 -50.3%
756 HBM HUDBAY MINERALS INC Basic Materials 75,000.0 $1.5M 0.01% NEW $19.86 +21.9%
757 RDAG REPUBLIC DIGITAL ACQUISITION Financial Services 146,580.0 $1.5M 0.01% $10.13 +1.3%
758 MRTN MARTEN TRANS LTD Industrials 130,312.0 $1.5M 0.01% +34K +34.9% $11.38 +43.1%
759 CEG CONSTELLATION ENERGY CORP Utilities 4,125.0 $1.5M 0.01% -21K -83.4% $353.27 -22.6%
760 SM SM ENERGY CO Energy 77,520.0 $1.4M 0.01% NEW $18.70 +89.2%
Page 38 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%