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
MLACR
1026
DELISTED
Mountain Lake Acquisition Corp Right
MLACR
$84K ﹤0.01%
349,976
-50,024
-13% -$19.6K
RKLB icon
1027
CALL
Rocket Lab Corp
RKLB
$51.7B
$83.7K ﹤0.01%
+1,200
New +$68.8K
HAVAR
1028
Harvard Ave Acquisition Corp Rights
HAVAR
$81.2K ﹤0.01%
+750,000
New +$89.3K
XMAX
1029
XMAX Inc
XMAX
$590M
$80.8K ﹤0.01%
+13,470
New +$75.9K
TLNCW
1030
Talon Capital Corp Warrants
TLNCW
$79.7K ﹤0.01%
+135,019
New +$96.3K
TVAIR
1031
Thayer Ventures Acquisition Corporation II Rights
TVAIR
$78.8K ﹤0.01%
375,000
– –
REKR icon
1032
Rekor Systems
REKR
$96.8M
$78.5K ﹤0.01%
+56,850
New +$116K
FERAR
1033
Fifth Era Acquisition Corp I Rights
FERAR
$78K ﹤0.01%
200,000
– –
CCCX
1034
DELISTED
Churchill Capital Corp X
CCCX
$78K ﹤0.01%
5,000
-5,000
-50% -$84.1K
LATAW
1035
Galata Acquisition Corp II Warrant
LATAW
$77.4K ﹤0.01%
+193,462
New +$80.1K
PLBY icon
1036
Playboy Inc
PLBY
$157M
$77.1K ﹤0.01%
41,033
+5,648
+16% +$9.23K
PLMKW
1037
Plum Acquisition Corp IV Warrants
PLMKW
$3.36M
$76K ﹤0.01%
281,068
-143,932
-34% -$47.3K
LCCCR
1038
Lakeshore Acquisition III Corp Rights
LCCCR
$75.3K ﹤0.01%
300,000
– –
NFGC
1039
New Found Gold
NFGC
$645M
$74.8K ﹤0.01%
+25,300
New +$62.1K
APYX icon
1040
Apyx Medical
APYX
$126M
$72.5K ﹤0.01%
+20,719
New +$72.3K
GPRO icon
1041
GoPro
GPRO
$111M
$72.2K ﹤0.01%
+51,180
New +$92.9K
SSEAR
1042
Starry Sea Acquisition Corp Rights
SSEAR
$71.5K ﹤0.01%
+250,000
New +$64.8K
SATLW icon
1043
Satellogic Inc Warrant
SATLW
$100M
$71.1K ﹤0.01%
278,840
– –
KOYNW
1044
CSLM Digital Asset Acquisition Corp III Warrants
KOYNW
$69.6K ﹤0.01%
198,846
-126,154
-39% -$58.3K
EVAC.WS
1045
EQV Ventures Acquisition Corp II Warrants
EVAC.WS
$69.2K ﹤0.01%
197,760
-35,573
-15% -$12.7K
MBVIW
1046
M3-Brigade Acquisition VI Corp Warrant
MBVIW
$67.8K ﹤0.01%
+183,333
New +$94.6K
ESPR
1047
DELISTED
Esperion Therapeutics
ESPR
$67.5K ﹤0.01%
+18,230
New +$58.9K
VOR icon
1048
Vor Biopharma
VOR
$1.19B
$66.8K ﹤0.01%
+5,110
New +$95.2K
EGHAR
1049
EGH Acquisition Corp Rights
EGHAR
$66K ﹤0.01%
274,833
-45,000
-14% -$11.9K
BDCIW
1050
BTC Development Corp Warrant
BDCIW
$65.4K ﹤0.01%
+96,142
New +$72.4K
40 41
42
43 44

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.