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
BSAAR
1126
BEST SPAC I Acquisition Corp Rights
BSAAR
$38.5K ﹤0.01%
+275,000
New +$38.5K
FUFUW icon
1127
BitFuFu Inc Warrant
FUFUW
$38.5K ﹤0.01%
96,154
– –
RPID icon
1128
Rapid Micro Biosystems
RPID
$85.3M
$38.3K ﹤0.01%
+11,461
New +$36.3K
ASPCR
1129
A SPAC III Acquisition Corp Right
ASPCR
$38.1K ﹤0.01%
200,000
– –
MACIW
1130
Melar Acquisition Corp I Warrant
MACIW
$37.1K ﹤0.01%
162,500
– –
DEFT
1131
Defi Technologies
DEFT
$187M
$36K ﹤0.01%
17,581
+3,481
+25% +$9.01K
PGACR
1132
Pantages Capital Acquisition Corp Right
PGACR
$35K ﹤0.01%
175,000
– –
OACCW
1133
Oaktree Acquisition Corp III Life Sciences Warrant
OACCW
$34.8K ﹤0.01%
40,000
– –
CCAQW
1134
Collective Acquisition Corp Warrants
CCAQW
$3.34M
$33K ﹤0.01%
150,000
– –
FACWW
1135
Factorial Energy Inc Warrant
FACWW
$9.65M
$30.5K ﹤0.01%
121,979
– –
MCGAW
1136
Yorkville Acquisition Corp Warrant
MCGAW
$1.79M
$28.9K ﹤0.01%
+24,303
New +$33.7K
HSPOW
1137
DELISTED
Horizon Space Acquisition I Corp Warrant
HSPOW
$27.9K ﹤0.01%
419,586
– –
QETAR icon
1138
Quetta Acquisition Corp Right
QETAR
$27.9K ﹤0.01%
14,090
– –
VNMEW
1139
Vendome Acquisition Corp I Warrant
VNMEW
$27.5K ﹤0.01%
+137,500
New +$26.2K
LPBBW
1140
Launch Two Acquisition Corp Warrant
LPBBW
$27.3K ﹤0.01%
75,000
-25,000
-25% -$9.2K
PACHW
1141
Pioneer Acquisition I Corp Warrants
PACHW
$2.78M
$27.1K ﹤0.01%
+123,000
New +$21.5K
APADR
1142
DELISTED
A Paradise Acquisition Corp Rights
APADR
$24K ﹤0.01%
+150,000
New +$23.6K
AXINR
1143
Axiom Intelligence Acquisition Corp 1 Right
AXINR
$24K ﹤0.01%
+150,000
New +$23.1K
LWACW
1144
LightWave Acquisition Corp Warrants
LWACW
$23.9K ﹤0.01%
+124,500
New +$21.7K
APLE icon
1145
Apple Hospitality REIT
APLE
$3.75B
$22.8K ﹤0.01%
+1,900
New +$23.5K
GTERR
1146
Globa Terra Acquisition Corp Rights
GTERR
$22.5K ﹤0.01%
+150,000
New +$20.8K
KWMWW
1147
K Wave Media Ltd
KWMWW
$97K
$21.8K ﹤0.01%
150,115
– –
PAII.WS
1148
Pyrophyte Acquisition Corp II Warrants
PAII.WS
$19.8K ﹤0.01%
+56,645
New +$17.4K
PMTRW
1149
Perimeter Acquisition Corp I Warrant
PMTRW
$9.78M
$19.4K ﹤0.01%
+32,312
New +$20.3K
CHPGR
1150
ChampionsGate Acquisition Corp Rights
CHPGR
$17.5K ﹤0.01%
125,000
– –
44 45
46
47 48

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.