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
+3.26%
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
$30.3B
AUM Growth
+$259M
Cap. Flow
+$4.21M
Cap. Flow %
0.01%
Top 10 Hldgs %
25.78%
Holding
1,635
New
443
Increased
264
Reduced
288
Closed
475

Top Buys

Rank Stock Value
1
PLTR icon
Palantir
PLTR
+$412M
2
MSFT icon
Microsoft
MSFT
+$384M
3
NFLX icon
Netflix
NFLX
+$293M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$253M
5
AVGO icon
Broadcom
AVGO
+$190M

Top Sells

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$421M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$172M
3
TSM icon
TSMC
TSM
+$149M
4
K
Kellanova
K
+$100M
5
UNH icon
UnitedHealth
UNH
+$86.3M

Sector Composition

Rank Sector Weight
1 Technology 14.06%
2 Financials 8.07%
3 Consumer Discretionary 6.89%
4 Healthcare 5.17%
5 Communication Services 4.66%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
OGS icon
601
ONE Gas
OGS
$5.05B
$3.13M 0.01%
40,474
+20,355
+101% +$1.64M
LCCC
602
Lakeshore Acquisition III Corp
LCCC
$93.6M
$3.06M 0.01%
300,000
– –
GD icon
603
General Dynamics
GD
$106B
$3.05M 0.01%
9,067
+2,579
+40% +$880K
PFSI icon
604
PennyMac Financial
PFSI
$4.01B
$3.02M 0.01%
22,883
-22,265
-49% -$2.84M
NCLH icon
605
Norwegian Cruise Line
NCLH
$8.69B
$3.01M 0.01%
+134,867
New +$2.85M
HCACU
606
Hall Chadwick Acquisition Corp Unit
HCACU
$3.01M 0.01%
+300,000
New +$3.01M
QURE icon
607
uniQure
QURE
$3.13B
$3M 0.01%
125,500
+121,182
+2,806% +$4.68M
TNK icon
608
Teekay Tankers
TNK
$2.79B
$3M 0.01%
56,159
-20,243
-26% -$1.14M
MKLY
609
McKinley Acquisition Corp
MKLY
$249M
$2.99M 0.01%
+300,000
New +$2.99M
BLBD icon
610
Blue Bird Corp
BLBD
$2.04B
$2.99M 0.01%
+63,600
New +$3.33M
EMIS
611
Emmis Acquisition Corp
EMIS
$2.98M 0.01%
+300,000
New +$2.99M
FWRD icon
612
Forward Air
FWRD
$665M
$2.98M 0.01%
119,385
-78,736
-40% -$1.77M
NOEM
613
CO2 Energy Transition Corp
NOEM
$2.98M 0.01%
290,000
– –
FLS icon
614
Flowserve
FLS
$10.3B
$2.98M 0.01%
42,996
-96,308
-69% -$6.19M
CRAC
615
Crown Reserve Acquisition Corp I
CRAC
$228M
$2.98M 0.01%
+300,000
New +$2.97M
EMPD
616
Empery Digital
EMPD
$79.3M
$2.97M 0.01%
650,000
-350,000
-35% -$2.05M
EVOX
617
Evolution Global Acquisition Corp
EVOX
$323M
$2.96M 0.01%
+300,000
New +$2.97M
TDWD
618
Tailwind 2.0 Acquisition Corp
TDWD
$2.96M 0.01%
+300,000
New +$2.96M
PHIN icon
619
Phinia Inc
PHIN
$2.73B
$2.88M 0.01%
45,988
-20,635
-31% -$1.14M
SKE
620
Skeena Resources
SKE
$4.11B
$2.88M 0.01%
121,400
+61,105
+101% +$1.21M
ZS icon
621
Zscaler
ZS
$28.6B
$2.87M 0.01%
+12,757
New +$3.6M
OC icon
622
Owens Corning
OC
$12.3B
$2.87M 0.01%
25,604
-35,475
-58% -$4.16M
GTLB icon
623
GitLab
GTLB
$6.94B
$2.86M 0.01%
76,240
-53,668
-41% -$2.32M
NTLA icon
624
Intellia Therapeutics
NTLA
$1.68B
$2.83M 0.01%
315,000
+85,000
+37% +$1.17M
CHRW icon
625
C.H. Robinson
CHRW
$17.3B
$2.83M 0.01%
17,608
-5,694
-24% -$841K
23 24
25
26 27

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
TWC
The Woodbridge Company Toronto, Ontario, Canada $27.8B AUM 46.78% 1-Year Est. Return
FDCDDQ
Federation des caisses Desjardins du Quebec Levis, Quebec, Canada $27.8B AUM 31.66% 1-Year Est. Return
NA
NewEdge Advisors New Orleans, Louisiana $27.7B AUM 22.98% 1-Year Est. Return

Hudson Bay Capital Management's Q4 2025 Portfolio in Review

As of Q4 2025, Hudson Bay Capital Management held 1,635 positions worth $30.3B, up 0.86% from $30.1B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Hudson Bay Capital Management's Q4 2025 filing shows 443 new, 264 increased, 288 reduced and 475 closed positions. Its largest new stake was Vertiv: 964,604 shares worth $156M. The largest sale was Amazon, an estimated $421M.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 11% a quarter earlier, followed by Financials and Consumer Discretionary.

  • Hudson Bay Capital Management's largest Q4 2025 buy was Vertiv: 964,604 shares worth $156M.
  • Hudson Bay Capital Management added most to Palantir in Q4 2025, an estimated $412M increase.
  • Hudson Bay Capital Management's biggest Q4 2025 reduction was Amazon, cutting an estimated $421M.
  • Hudson Bay Capital Management fully exited Kellanova in Q4 2025, selling an estimated $100M.
  • Hudson Bay Capital Management's ten largest holdings make up 26% of its $30.3B portfolio in Q4 2025.
  • Hudson Bay Capital Management opened 443 new positions and closed 475 in Q4 2025.
  • Hudson Bay Capital Management's portfolio value rose 0.86% quarter-over-quarter to $30.3B.

Based on Hudson Bay Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.