Hudson Bay Capital Management’s Denali Capital Acquisition Corp. Warrant DECAW Stock Holding History

Hudson Bay Capital Management’s Portfolio DECAW Stock Details DECAW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-312,957	Closed	-$18.5K	–	1746
2025 Q1	$18.5K	Hold	312,957	–	–	﹤0.01%	1229
2024 Q4	$11.6K	Sell	312,957 -41,876	-12%	-$2.38K	﹤0.01%	866
2024 Q3	$17.8K	Sell	354,833 -21,988	-6%	-$1.02K	﹤0.01%	774
2024 Q2	$7.91K	Sell	376,821 -20,100	-5%	-$890	﹤0.01%	711
2024 Q1	$20.2K	Hold	396,921	–	–	﹤0.01%	633
2023 Q4	$19.8K	Sell	396,921 -68,079	-15%	-$3.64K	﹤0.01%	602
2023 Q3	$27.9K	Hold	465,000	–	–	﹤0.01%	664
2023 Q2	$23.3K	Hold	465,000	–	–	﹤0.01%	711
2023 Q1	$27.9K	Hold	465,000	–	–	﹤0.01%	718
2022 Q4	$19.8K	Hold	465,000	–	–	﹤0.01%	828
2022 Q3	$37K	Sell	465,000 -35,000	-7%	-$2.86K	﹤0.01%	1004
2022 Q2	$50K	Buy	+500,000	New	+$52.5K	﹤0.01%	1082

Other funds holding DECAW

CCM

Context Capital Management Lajolla, California $5.15B AUM 1.28% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.79% 1-Year Est. Return

YCM

Yakira Capital Management Westport, Connecticut $342M AUM 26.95% 1-Year Est. Return

Hudson Bay Capital Management's DECAW Position: Q2 2025 in Review

Hudson Bay Capital Management sold out of Denali Capital Acquisition Corp. Warrant (DECAW) in Q2 2025, closing a stake of 312,957 shares — an estimated $18.5K sold.

Hudson Bay Capital Management first reported a position in DECAW in Q2 2022 and held it in 12 quarters. The position peaked at $50K in Q2 2022. 3 funds tracked by Wall St. Rank hold DECAW as of Q2 2025.

Hudson Bay Capital Management reported no remaining Denali Capital Acquisition Corp. Warrant position as of Q2 2025 after selling out during the quarter.
Hudson Bay Capital Management sold 312,957 Denali Capital Acquisition Corp. Warrant shares in Q2 2025, an estimated $18.5K.
Hudson Bay Capital Management first reported a position in Denali Capital Acquisition Corp. Warrant in Q2 2022 and held it in 12 quarters.
Hudson Bay Capital Management's Denali Capital Acquisition Corp. Warrant position peaked at $50K in Q2 2022.
3 funds tracked by Wall St. Rank held Denali Capital Acquisition Corp. Warrant as of Q2 2025.

Based on Hudson Bay Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.