Hudson Bay Capital Management Portfolio holdings

AUM $15.8B

AUM

$15.8B

AUM Growth

-$773M (-5%)

Cap. Flow

+$476M

Cap. Flow % of AUM

3.01%

Top 10 Holdings %Top 10 Hldgs %

25.78%

Holding

1,133

New

382

Increased

197

Reduced

194

Closed

204

Top Buys

1	Tesla TSLA	$255M
2	iShares Russell 2000 ETF IWM	$195M
3	NVIDIA NVDA	$165M
4	Philip Morris PM	$159M
5	Alphabet (Google) Class C GOOG	$146M

Top Sells

1	Microsoft MSFT	$234M
2	Amazon AMZN	$223M
3	iShares iBoxx $ Investment Grade Corporate Bond ETF LQD	$214M
4	UnitedHealth UNH	$162M
5	Arm ARM	$148M

Sector Composition

1	Technology	23.09%
2	Financials	15.32%
3	Consumer Discretionary	9.71%
4	Healthcare	8.79%
5	Real Estate	5.04%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
926	NNE 926 Nano Nuclear Energy NNE $1.42B	–	–	-833,334	Closed	-$19.6M
927	PAL 927 Proficient Auto Logistics PAL $199M	–	–	-46,625	Closed	-$376K
928	ALFUW 928 Centurion Acquisition Corp. Warrant ALFUW $5.29M	–	–	-49,400	Closed	–
929	CUBWW 929 Lionheart Holdings Warrant CUBWW $3.34M	–	–	-50,000	Closed	-$5.5K
930	EONR.WS 930 EON Resources Inc. Warrants, each whole warrant exercisable for three quarters of one share of Class A Common Stock at an exercise price of $11.50 per whole share EONR.WS $805K	–	–	-41,025	Closed	-$2.26K
931	EXEEZ 931 Expand Energy Corporation Class B Warrants EXEEZ	–	–	-71,435	Closed	-$6.39M
932	LPBBU 932 Launch Two Acquisition Corp. Unit LPBBU	–	–	-300,000	Closed	-$3.01M
933	INGM 933 Ingram Micro Holding Corporation INGM $4.74B	–	–	-30,000	Closed	-$582K
934	OACCU 934 Oaktree Acquisition Corp. III Life Sciences Unit OACCU	–	–	-450,000	Closed	-$4.57M
935	VCICW 935 Vine Hill Capital Investment Corp. Warrant VCICW $2.82M	–	–	-50,000	Closed	-$8K
936	PLRZ 936 Polyrizon Ltd. Ordinary Shares PLRZ $3.77M	$0	﹤0.01%	+206,250	New	–
937	ASPCU 937 A SPAC III Acquisition Corp. Unit ASPCU	–	–	-200,000	Closed	-$2.01M
938	WLACU 938 Willow Lane Acquisition Corp. Unit WLACU	–	–	-750,000	Closed	-$7.49M
939	SNRE 939 Sunrise Communications AG American Depositary Shares representing Class A shares SNRE $4.01B	–	–	-901,499	Closed	-$38.8M
940	MDCXW 940 Medicus Pharma Ltd. Warrant MDCXW $1,000K	–	–	-41,300	Closed	-$26.9K
941	NOEMU 941 CO2 Energy Transition Corp. Unit NOEMU	–	–	-290,000	Closed	-$2.91M
942	FACTU 942 FACT II Acquisition Corp. Unit FACTU	–	–	-775,000	Closed	-$7.73M
943	PONY 943 Pony AI Inc. American Depositary Shares PONY $4.54B	–	–	-37,500	Closed	-$538K
944	JACS.U 944 Jackson Acquisition Company II Units, each consisting of one Class A ordinary share and one right to acquire one-tenth (1/10) of one Class A ordinary share JACS.U	–	–	-950,000	Closed	-$9.56M
945	PCG.PRX 945 PG&E Corporation 6.000% Series A Mandatory Convertible Preferred Stock PCG.PRX $1.19B	–	–	-100,000	Closed	-$4.99M
946	DRDBU 946 Roman DBDR Acquisition Corp. II Unit DRDBU	–	–	-500,000	Closed	-$4.99M
947	MLACU 947 Mountain Lake Acquisition Corp. Units MLACU	–	–	-700,000	Closed	-$7.01M
948	TDACU 948 Translational Development Acquisition Corp. Units TDACU	–	–	-650,000	Closed	-$6.52M
949	ONC 949 BeOne Medicines Ltd. American Depositary Shares ONC $26.1B	–	–	-7,500	Closed	-$1.39M
950	LAR 950 Lithium Argentina AG LAR $408M	–	–	-200,000	Closed	-$524K