We are live on ! Find out more
Hudson Bay Capital Management

Hudson Bay Capital Management Portfolio holdings

AUM $29B
1-Year Est. Return 30.2%
This Fund
S&P 500
This Quarter Est. Return
+11.06%
1 Year Est. Return
+30.2%
3 Year Est. Return
+99.99%
5 Year Est. Return
+135.78%
10 Year Est. Return
+498.47%
AUM
$30.1B
AUM Growth
+$641M
Cap. Flow
-$3.63B
Cap. Flow %
-12.08%
Top 10 Hldgs %
29.43%
Holding
1,782
New
442
Increased
250
Reduced
348
Closed
584

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$521M
2
AAPL icon
Apple
AAPL
+$212M
3
CYBR
CyberArk
CYBR
+$205M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$164M
5
TSM icon
TSMC
TSM
+$162M

Top Sells

Rank Stock Value
1
MSTR icon
Strategy Inc
MSTR
+$272M
2
QQQ icon
Invesco QQQ Trust
QQQ
+$271M
3
AMD icon
Advanced Micro Devices
AMD
+$206M
4
NVDA icon
NVIDIA
NVDA
+$186M
5
HES
Hess
HES
+$163M

Sector Composition

Rank Sector Weight
1 Technology 10.62%
2 Consumer Discretionary 9%
3 Financials 6.82%
4 Healthcare 3.96%
5 Real Estate 3.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
STUB
501
PUT
StubHub Holdings
STUB
$2.88B
$5.47M 0.02%
+325,000
New +$5.96M
EQT icon
502
EQT Corp
EQT
$33.8B
$5.44M 0.02%
100,000
+91,914
+1,137% +$4.86M
ALGN icon
503
Align Technology
ALGN
$12.5B
$5.44M 0.02%
43,440
-161,627
-79% -$25.3M
CMI icon
504
CALL
Cummins
CMI
$87B
$5.41M 0.02%
+12,800
New +$4.91M
XNCR icon
505
Xencor
XNCR
$1.71B
$5.4M 0.02%
460,003
-24,997
-5% -$217K
TRU icon
506
TransUnion
TRU
$15.5B
$5.39M 0.02%
64,329
+60,148
+1,439% +$5.46M
SRAD icon
507
PUT
Sportradar
SRAD
$4.02B
$5.38M 0.02%
+200,000
New +$5.93M
ALK icon
508
Alaska Air
ALK
$5.3B
$5.36M 0.02%
107,728
+42,277
+65% +$2.35M
ITB icon
509
PUT
iShares US Home Construction ETF
ITB
$2.37B
$5.36M 0.02%
+50,000
New +$5.27M
VNT icon
510
Vontier
VNT
$4.47B
$5.34M 0.02%
127,166
-67,441
-35% -$2.78M
TT icon
511
Trane Technologies
TT
$105B
$5.26M 0.02%
12,468
+7,468
+149% +$3.19M
VIR icon
512
Vir Biotechnology
VIR
$1.52B
$5.21M 0.02%
911,882
+215,882
+31% +$1.1M
LPX icon
513
Louisiana-Pacific
LPX
$5.18B
$5.2M 0.02%
58,541
+36,891
+170% +$3.41M
TVA
514
Texas Ventures Acquisition III Corp
TVA
$316M
$5.17M 0.02%
482,776
-917,224
-66% -$9.32M
EQH icon
515
Equitable Holdings
EQH
$14.4B
$5.16M 0.02%
101,706
+16,687
+20% +$884K
ETN icon
516
Eaton
ETN
$176B
$5.1M 0.02%
13,630
-7,211
-35% -$2.62M
RS icon
517
Reliance Steel & Aluminium
RS
$21.7B
$5.1M 0.02%
+18,144
New +$5.44M
CEPF
518
Cantor Equity Partners IV
CEPF
$596M
$5.09M 0.02%
+500,000
New +$5.08M
FWRD icon
519
Forward Air
FWRD
$682M
$5.08M 0.02%
198,121
-63,307
-24% -$1.82M
VRNT
520
DELISTED
Verint Systems
VRNT
$5.06M 0.02%
+250,000
New +$5.15M
MSCI icon
521
MSCI
MSCI
$41.8B
$5.06M 0.02%
+8,916
New +$5.04M
COPL
522
Copley Acquisition Corp
COPL
$249M
$5.05M 0.02%
500,000
– –
IOT icon
523
Samsara
IOT
$24B
$5.04M 0.02%
+135,379
New +$5.03M
ORIQ
524
Origin Investment Corp I
ORIQ
$89.2M
$5.02M 0.02%
+500,000
New +$5.01M
LATAU
525
Galata Acquisition Corp. II Units
LATAU
$5.01M 0.02%
+502,490
New +$5.02M
19 20
21
22 23

Similar funds

Coatue Management
Coatue Management New York $29.1B AUM 96.54% 1-Year Est. Return
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury Nashville, Tennessee $29.8B AUM 29.48% 1-Year Est. Return
PCH
Polar Capital Holdings London, United Kingdom $28.2B AUM 115.26% 1-Year Est. Return
Eagle Capital Management (New York)
Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return
N
Natixis Paris, France $28B AUM 26.79% 1-Year Est. Return
FDCDDQ
Federation des caisses Desjardins du Quebec Levis, Quebec, Canada $27.8B AUM 31.66% 1-Year Est. Return
Lord, Abbett & Co
Lord, Abbett & Co Jersey City, New Jersey $30.6B AUM 57.44% 1-Year Est. Return
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS) Columbus, Ohio $30.9B AUM 29.72% 1-Year Est. Return

Hudson Bay Capital Management's Q3 2025 Portfolio in Review

As of Q3 2025, Hudson Bay Capital Management held 1,782 positions worth $30.1B, up 2.2% from $29.4B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Hudson Bay Capital Management withdrew a net $3.63B in Q3 2025, closing 584 positions and reducing 348 holdings. Its most notable exit was Hess, an estimated $163M position sold in full.

By sector, the portfolio is most concentrated in Technology at 11% of assets, down from 11% a quarter earlier, followed by Consumer Discretionary and Financials.

Against the trend, Hudson Bay Capital Management opened a new position in CyberArk worth $230M.

  • Hudson Bay Capital Management's largest Q3 2025 buy was CyberArk: 476,630 shares worth $230M.
  • Hudson Bay Capital Management added most to Amazon in Q3 2025, an estimated $521M increase.
  • Hudson Bay Capital Management's biggest Q3 2025 reduction was Strategy Inc, cutting an estimated $272M.
  • Hudson Bay Capital Management fully exited Hess in Q3 2025, selling an estimated $163M.
  • Hudson Bay Capital Management's ten largest holdings make up 29% of its $30.1B portfolio in Q3 2025.
  • Hudson Bay Capital Management opened 442 new positions and closed 584 in Q3 2025.
  • Hudson Bay Capital Management's portfolio value rose 2.2% quarter-over-quarter to $30.1B.

Based on Hudson Bay Capital Management's 13F filing for Q3 2025, filed 13 Nov 2025.