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
BNL icon
126
Broadstone Net Lease
BNL
$3.96B
$38M 0.13%
+2,126,373
New +$36.6M
TEAM icon
127
Atlassian
TEAM
$39.1B
$37.7M 0.13%
235,835
-1,219
-0.5% -$221K
VISN
128
Vistance Networks Inc
VISN
$2.7B
$37.6M 0.13%
2,428,389
+1,428,389
+143% +$18.5M
BMRN icon
129
BioMarin Pharmaceuticals
BMRN
$13.5B
$37.6M 0.12%
693,894
+167,474
+32% +$9.58M
CUBE icon
130
CubeSmart
CUBE
$9.2B
$37.6M 0.12%
923,539
+282,308
+44% +$11.5M
K
131
PUT
DELISTED
Kellanova
K
$36.9M 0.12%
+450,000
New +$35.8M
LMT icon
132
Lockheed Martin
LMT
$138B
$36.6M 0.12%
73,243
+58,480
+396% +$26.5M
MSFT icon
133
Microsoft
MSFT
$3.74T
$35.9M 0.12%
69,340
-47,944
-41% -$24.5M
BIIB icon
134
Biogen
BIIB
$30.1B
$35.5M 0.12%
253,151
-14,589
-5% -$1.97M
LNT icon
135
Alliant Energy
LNT
$17.8B
$35.5M 0.12%
526,054
+119,769
+29% +$7.73M
EGP icon
136
EastGroup Properties
EGP
$10.8B
$35.1M 0.12%
207,372
+138,193
+200% +$22.9M
GILD icon
137
PUT
Gilead Sciences
GILD
$168B
$35M 0.12%
315,000
+28,600
+10% +$3.25M
ECHO
138
EchoStar
ECHO
$25.6B
$34.9M 0.12%
+456,925
New +$20.7M
AHR icon
139
American Healthcare REIT
AHR
$10.2B
$34.5M 0.11%
820,223
+445,122
+119% +$17.9M
AZN icon
140
AstraZeneca
AZN
$246B
$34.1M 0.11%
222,437
+64,128
+41% +$9.71M
LLY icon
141
Eli Lilly
LLY
$1.08T
$34M 0.11%
44,516
-201,716
-82% -$150M
IONS icon
142
Ionis Pharmaceuticals
IONS
$9.21B
$33.7M 0.11%
515,000
-235,000
-31% -$11.5M
BA icon
143
Boeing
BA
$184B
$33.5M 0.11%
155,200
-71,868
-32% -$16.2M
ROKU icon
144
Roku
ROKU
$22.4B
$33.2M 0.11%
331,614
-52,386
-14% -$4.83M
NSA
145
DELISTED
National Storage Affiliates Trust
NSA
$33.1M 0.11%
+1,094,696
New +$34.2M
LPLA icon
146
LPL Financial
LPLA
$29.2B
$33M 0.11%
99,118
+7,042
+8% +$2.55M
HD icon
147
Home Depot
HD
$353B
$32.3M 0.11%
79,713
-1,120
-1% -$440K
BHC icon
148
Bausch Health
BHC
$2.33B
$32.3M 0.11%
5,000,000
– –
COF icon
149
CALL
Capital One
COF
$134B
$32.2M 0.11%
+151,600
New +$33.2M
LMT icon
150
PUT
Lockheed Martin
LMT
$138B
$32.2M 0.11%
64,500
+58,800
+1,032% +$26.7M
4 5
6
7 8

Similar funds

Coatue Management
Coatue Management New York $29.1B AUM 96.54% 1-Year Est. Return
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management San Mateo, California $29.7B AUM 43.33% 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

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.