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
+14.86%
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
$29.4B
AUM Growth
-$2.99B
Cap. Flow
-$8.15B
Cap. Flow %
-27.69%
Top 10 Hldgs %
27.81%
Holding
1,756
New
487
Increased
298
Reduced
433
Closed
417

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$172M
2
MSTR icon
Strategy Inc
MSTR
+$171M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$131M
4
AMD icon
Advanced Micro Devices
AMD
+$127M
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$124M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$396M
2
AAPL icon
Apple
AAPL
+$333M
3
COIN icon
Coinbase
COIN
+$247M
4
IWM icon
iShares Russell 2000 ETF
IWM
+$241M
5
MSFT icon
Microsoft
MSFT
+$221M

Sector Composition

Rank Sector Weight
1 Technology 11.35%
2 Consumer Discretionary 7.72%
3 Financials 7.12%
4 Healthcare 4.37%
5 Real Estate 3.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WDAY icon
1651
Workday
WDAY
$45.5B
– –
-24,101
Closed -$5.63M
WDAY icon
1652
PUT
Workday
WDAY
$45.5B
– –
-70,500
Closed -$16.5M
WFG icon
1653
West Fraser Timber
WFG
$5.64B
– –
-50,000
Closed -$3.85M
WMS icon
1654
Advanced Drainage Systems
WMS
$10.8B
– –
-37,997
Closed -$4.26M
WNC icon
1655
Wabash National
WNC
$504M
– –
-14,360
Closed -$159K
WW
1656
DELISTED
WW International
WW
– –
-20,460
Closed -$10.7K
X
1657
CALL
DELISTED
US Steel
X
– –
-275,000
Closed -$11.6M
X
1658
DELISTED
US Steel
X
– –
-30,000
Closed -$1.27M
XBI icon
1659
State Street SPDR S&P Biotech ETF
XBI
$10.4B
– –
-135,318
Closed -$11M
XBI icon
1660
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.4B
– –
-575,000
Closed -$46.6M
XGN icon
1661
Exagen
XGN
$166M
– –
-166,705
Closed -$598K
XHB icon
1662
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
– –
-344,900
Closed -$33.4M
XHB icon
1663
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
– –
-68,600
Closed -$6.65M
XLE icon
1664
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
– –
-1,100,000
Closed -$51.4M
XLE icon
1665
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
– –
-600,000
Closed -$28M
XLF icon
1666
CALL
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
– –
-1,050,000
Closed -$52.3M
XLF icon
1667
PUT
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
– –
-550,000
Closed -$27.4M
XLP icon
1668
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
– –
-55,000
Closed -$4.49M
XLU icon
1669
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
– –
-122,000
Closed -$4.81M
XLV icon
1670
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$43.9B
– –
-412,500
Closed -$60.2M
XPO icon
1671
CALL
XPO
XPO
$23.5B
– –
-50,000
Closed -$5.38M
YUM icon
1672
Yum! Brands
YUM
$39.2B
– –
-53,590
Closed -$8.43M
Z icon
1673
Zillow
Z
$7.68B
– –
-28,817
Closed -$1.98M
GTM
1674
ZoomInfo Technologies
GTM
$1.24B
– –
-35,466
Closed -$355K
ZION icon
1675
Zions Bancorporation
ZION
$10.3B
– –
-354,120
Closed -$17.7M
65 66
67
68 69

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
DnB Asset Management
DnB Asset Management Oslo, Norway $28B AUM 26% 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

Hudson Bay Capital Management's Q2 2025 Portfolio in Review

As of Q2 2025, Hudson Bay Capital Management held 1,756 positions worth $29.4B, down 9.2% from $32.4B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Hudson Bay Capital Management withdrew a net $8.15B in Q2 2025, closing 417 positions and reducing 433 holdings. Its most notable exit was Occidental Petroleum Corp Warrants, an estimated $114M position sold in full.

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

Against the trend, Hudson Bay Capital Management opened a new position in Informatica worth $122M.

  • Hudson Bay Capital Management's largest Q2 2025 buy was Informatica: 5,000,000 shares worth $122M.
  • Hudson Bay Capital Management added most to Amazon in Q2 2025, an estimated $172M increase.
  • Hudson Bay Capital Management's biggest Q2 2025 reduction was NVIDIA, cutting an estimated $396M.
  • Hudson Bay Capital Management fully exited Occidental Petroleum Corp Warrants in Q2 2025, selling an estimated $114M.
  • Hudson Bay Capital Management's ten largest holdings make up 28% of its $29.4B portfolio in Q2 2025.
  • Hudson Bay Capital Management opened 487 new positions and closed 417 in Q2 2025.
  • Hudson Bay Capital Management's portfolio value fell 9.2% quarter-over-quarter to $29.4B.

Based on Hudson Bay Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.