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Portfolio (Quarterly) Guide ↗

Hudson Bay Capital Management LP

· CIK 0001393825
13F Portfolio $30.3B AUM 1,279 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 448 New 268 Added 279 Reduced 486 Exited
Page 1 of 58  ·  1,160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 TSLA PUT TESLA INC Consumer Cyclical 3,020,000.0 $1.36B 4.48% +825K +37.6% $449.72 -1.4%
2 NVDA PUT NVIDIA CORPORATION Technology 5,986,900.0 $1.12B 3.68% -1.1M -15.7% $186.50 +26.4%
3 NVDA NVIDIA CORPORATION Technology 5,587,227.0 $1.04B 3.43% -371K -6.2% $186.50 +26.4%
4 TSLA TESLA INC Consumer Cyclical 1,812,516.0 $815.1M 2.69% +42K +2.4% $449.72 -1.4%
5 AMZN PUT AMAZON COM INC Consumer Cyclical 2,952,000.0 $681.4M 2.25% -1.4M -32.5% $230.82 +14.4%
6 AMZN AMAZON COM INC Consumer Cyclical 2,610,777.0 $602.6M 1.99% -1.8M -41.4% $230.82 +14.4%
7 AMD PUT ADVANCED MICRO DEVICES INC Technology 2,750,000.0 $588.9M 1.94% +825K +42.9% $214.16 +98.0%
8 TSLA CALL TESLA INC Consumer Cyclical 1,244,000.0 $559.5M 1.84% +789K +173.7% $449.72 -1.4%
9 IWM PUT ISHARES TR 2,249,000.0 $553.6M 1.82% -1.4M -37.5% $246.16 +12.8%
10 AMD ADVANCED MICRO DEVICES INC Technology 2,350,000.0 $503.3M 1.66% +424K +22.0% $214.16 +98.0%
11 SPY PUT SPDR S&P 500 ETF TR Financial Services 705,800.0 $481.3M 1.59% -482K -40.6% $681.92 +8.4%
12 PLTR PUT PALANTIR TECHNOLOGIES INC Technology 2,697,500.0 $479.5M 1.58% +2.2M +439.5% $177.75 -24.8%
13 PLTR PALANTIR TECHNOLOGIES INC Technology 2,555,000.0 $454.2M 1.50% +2.3M +811.3% $177.75 -24.8%
14 MSFT PUT MICROSOFT CORP Technology 924,000.0 $446.9M 1.47% NEW $483.62 -15.3%
15 FLAGSTAR BANK NATIONAL ASSOC 34,689,439.0 $436.7M 1.44% $12.59
16 MSFT MICROSOFT CORP Technology 834,970.0 $403.8M 1.33% +766K +1104.2% $483.62 -15.3%
17 NFLX PUT NETFLIX INC Communication Services 3,850,000.0 $361.0M 1.19% +3.5M +1183.3% $93.76 -7.3%
18 NFLX NETFLIX INC Communication Services 3,750,810.0 $351.7M 1.16% +3.6M +3539.8% $93.76 -7.3%
19 PUT BERKSHIRE HATHAWAY INC DEL 690,000.0 $346.8M 1.14% +6K +0.9% $502.65
20 AAPL APPLE INC Technology 1,191,454.0 $323.9M 1.07% +181K +17.9% $271.86 +10.4%
Page 1 of 58  ·  1,160 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 29.4%
Consumer Cyclical 14.2%
Financial Services 10.8%
Communication Services 10.2%
Healthcare 10.0%
Industrials 8.9%
Real Estate 5.7%
Consumer Defensive 4.3%
Utilities 3.3%
Energy 2.2%