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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 12 of 14  ·  268 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 STLD STEEL DYNAMICS INC Basic Materials 15,267.0 $2.6M 0.01% +5K +51.3% $169.45 +38.5%
222 AVAV AEROVIRONMENT INC Industrials 10,133.0 $2.5M 0.01% +10K +2676.2% $241.89 -34.7%
223 WLK WESTLAKE CORPORATION Basic Materials 30,443.0 $2.3M 0.01% +27K +770.8% $73.94 +23.8%
224 WM WASTE MGMT INC DEL Industrials 10,200.0 $2.2M 0.01% +2K +25.6% $219.71 -0.4%
225 TFII TFI INTL INC Industrials 21,228.0 $2.2M 0.01% +722.0 +3.5% $103.35 +38.1%
226 FOXA FOX CORP Communication Services 28,576.0 $2.1M 0.01% +24K +568.6% $73.07 -10.6%
227 ABT ABBOTT LABS Healthcare 15,000.0 $1.9M 0.01% +10K +183.8% $125.29 -32.6%
228 TLN TALEN ENERGY CORP Utilities 5,000.0 $1.9M 0.01% +5K +10000.0% $374.84 -5.9%
229 ELF E L F BEAUTY INC Consumer Defensive 23,333.0 $1.8M 0.01% +19K +416.4% $76.04 -27.1%
230 CRH PLC 14,000.0 $1.7M 0.01% +4K +40.0% $124.80
231 RXRX RECURSION PHARMACEUTICALS IN Healthcare 425,000.0 $1.7M 0.01% +200K +88.9% $4.09 -25.7%
232 AMPRIUS TECHNOLOGIES INC 676,309.0 $1.7M 0.01% +113K +20.0% $2.57
233 CRITICAL METALS CORP 631,242.0 $1.7M 0.01% +541K +596.4% $2.73
234 JANX JANUX THERAPEUTICS INC Healthcare 110,000.0 $1.5M 0.01% +60K +120.0% $13.80 +4.3%
235 MRTN MARTEN TRANS LTD Industrials 130,312.0 $1.5M 0.01% +34K +34.9% $11.38 +36.6%
236 UTZ UTZ BRANDS INC Consumer Defensive 135,353.0 $1.4M 0.01% +85K +166.8% $10.38 -31.7%
237 AUPH AURINIA PHARMACEUTICALS INC Healthcare 85,000.0 $1.4M 0.00% +782.0 +0.9% $15.95 -4.2%
238 IREN IREN LIMITED Financial Services 31,500.0 $1.2M 0.00% +8K +35.8% $37.77 +54.6%
239 CHRS COHERUS ONCOLOGY INC Healthcare 835,000.0 $1.2M 0.00% +25K +3.1% $1.42 +10.6%
240 WING WINGSTOP INC Consumer Cyclical 4,393.0 $1.0M 0.00% +4K +10000.0% $238.49 -50.1%
Page 12 of 14  ·  268 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%