Hudson Bay Capital Management’s Nebius Group N.V. NBIS Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$239K	Sell	2,300 -267,701	-99%	-$26.7M	﹤0.01%	1073
2025 Q4	$22.6M	Buy	270,001 +240,635	+819%	+$24.9M	0.07%	213
2025 Q3	$3.3M	Buy	+29,366	New	+$2.04M	0.01%	656
2021 Q2	–	Sell	-166,000	Closed	-$10.6M	–	1048
2021 Q1	$10.6M	Buy	+166,000	New	+$11.1M	0.13%	111
2020 Q1	–	Sell	-146,000	Closed	-$6.35M	–	592
2019 Q4	$6.35M	Sell	146,000 -8,000	-5%	-$298K	0.14%	140
2019 Q3	$5.39M	Sell	154,000 -182,000	-54%	-$6.87M	0.15%	140
2019 Q2	$12.8M	Sell	336,000 -284,037	-46%	-$10.5M	0.29%	67
2019 Q1	$21.3M	Buy	+620,037	New	+$20.6M	0.27%	70
2018 Q4	–	Sell	-667,097	Closed	-$21.9M	–	942
2018 Q3	$21.9M	Buy	667,097 +81,565	+14%	+$2.76M	0.27%	73
2018 Q2	$21M	Buy	585,532 +203,751	+53%	+$7.1M	0.3%	59
2018 Q1	$15.1M	Buy	381,781 +43,851	+13%	+$1.72M	0.31%	55
2017 Q4	$11.1M	Buy	337,930 +128,398	+61%	+$4.19M	0.24%	74
2017 Q3	$6.9M	Buy	+209,532	New	+$6.4M	0.17%	116
2017 Q1	–	Sell	-10,000	Closed	-$201K	–	933
2016 Q4	$201K	Buy	+10,000	New	+$197K	﹤0.01%	597

Other funds holding NBIS

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

FAM

Fred Alger Management New York $22.8B AUM 64.63% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

VARA

Value Aligned Research Advisors Princeton, New Jersey $20.7B AUM 292.88% 1-Year Est. Return

AL4A

Accel Leaders 4 Associates Palo Alto, California $475M AUM 391.52% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Hudson Bay Capital Management's NBIS Position: Q1 2026 in Review

Hudson Bay Capital Management reduced its Nebius Group N.V. (NBIS) stake by 99% in Q1 2026, selling an estimated $26.7M and leaving 2,300 shares worth $239K. The position accounts for ﹤0.01% of the portfolio, ranked #1073.

Hudson Bay Capital Management first reported a position in NBIS in Q4 2016 and has held it in 14 quarters since. The position peaked at $22.6M in Q4 2025. 725 funds tracked by Wall St. Rank hold NBIS as of Q1 2026.

Hudson Bay Capital Management held 2,300 shares of Nebius Group N.V. worth $239K as of Q1 2026.
Hudson Bay Capital Management sold 267,701 Nebius Group N.V. shares in Q1 2026, an estimated $26.7M.
Nebius Group N.V. made up ﹤0.01% of Hudson Bay Capital Management's portfolio in Q1 2026, its #1073 holding.
Hudson Bay Capital Management first reported a position in Nebius Group N.V. in Q4 2016 and has held it in 14 quarters since.
Hudson Bay Capital Management's Nebius Group N.V. position peaked at $22.6M in Q4 2025.
725 funds tracked by Wall St. Rank held Nebius Group N.V. as of Q1 2026.

Based on Hudson Bay Capital Management's 13F filing for Q1 2026, filed 13 May 2026.