Hudson Bay Capital Management
NBIS

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 		– Sell
-1,150,000
Closed -$96.3M – 1653
2025
Q4 		$96.3M Buy
1,150,000
+1,110,000
+2,775% +$115M 0.32% 68
2025
Q3 		$4.49M Buy
+40,000
New +$2.78M 0.01% 582
2017
Q1 		– Sell
-20,000
Closed -$403K – 934
2016
Q4 		$403K Buy
+20,000
New +$393K 0.01% 553

Other funds holding NBIS

BlackRock
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
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return
Janus Henderson Group
Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return
UBS Group
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.