Hudson Bay Capital Management’s Melco Resorts & Entertainment MLCO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-707,981	Closed	-$5.36M	–	1532
2025 Q4	$5.36M	Sell	707,981 -140,615	-17%	-$1.18M	0.03%	483
2025 Q3	$7.78M	Sell	848,596 -624,906	-42%	-$5.72M	0.05%	418
2025 Q2	$10.7M	Buy	1,473,502 +1,076,606	+271%	+$6.26M	0.07%	344
2025 Q1	$2.09M	Buy	+396,896	New	+$2.23M	0.01%	817
2023 Q4	–	Sell	-214,189	Closed	-$2.12M	–	849
2023 Q3	$2.12M	Sell	214,189 -555,912	-72%	-$6.45M	0.02%	470
2023 Q2	$9.4M	Buy	+770,101	New	+$9.53M	0.09%	184
2019 Q1	–	Hold	0	–	–	–	872
2018 Q4	–	Hold	0	–	–	–	909
2018 Q3	–	Hold	0	–	–	–	872
2018 Q2	–	Sell	-20,000	Closed	-$613K	–	955
2018 Q1	$580K	Buy	+20,000	New	+$560K	0.02%	656
2017 Q4	–	Sell	-253,000	Closed	-$6.45M	–	544
2017 Q3	$6.1M	Sell	253,000 -4,800	-2%	-$104K	0.25%	123
2017 Q2	$5.79M	Buy	257,800 +18,000	+8%	+$392K	0.23%	162
2017 Q1	$4.45M	Buy	+239,800	New	+$4.11M	0.17%	295