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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 6 of 14  ·  268 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 YEXT YEXT INC Technology 2,952,453.0 $23.8M 0.08% +1.6M +126.2% $8.06 -56.0%
102 PODD INSULET CORP Healthcare 80,000.0 $22.7M 0.07% +67K +539.8% $284.24 -47.7%
103 WFC WELLS FARGO CO NEW Financial Services 243,801.0 $22.7M 0.07% +113K +85.7% $93.20 -20.8%
104 NEBIUS GROUP N.V. 270,001.0 $22.6M 0.07% +241K +819.4% $83.71
105 KVUE KENVUE INC Consumer Defensive 1,280,000.0 $22.1M 0.07% +541K +73.3% $17.25 -0.3%
106 SPOT SPOTIFY TECHNOLOGY S A Communication Services 37,950.0 $22.0M 0.07% +1K +3.9% $580.71 -25.5%
107 LVS LAS VEGAS SANDS CORP Consumer Cyclical 328,084.0 $21.4M 0.07% +314K +2178.7% $65.09 -22.2%
108 PNC PNC FINL SVCS GROUP INC Financial Services 101,499.0 $21.2M 0.07% +9K +9.4% $208.73 +2.3%
109 TFC TRUIST FINL CORP Financial Services 405,978.0 $20.0M 0.07% +392K +2771.1% $49.21 -4.2%
110 ACHR ARCHER AVIATION INC Industrials 2,648,333.0 $19.9M 0.07% +700K +35.9% $7.52 -19.5%
111 VOYA VOYA FINANCIAL INC Financial Services 253,740.0 $18.9M 0.06% +102K +67.5% $74.49 +9.8%
112 ARGX ARGENX SE Healthcare 21,822.0 $18.4M 0.06% +11K +107.8% $840.95 -5.0%
113 KRE SPDR SERIES TRUST 276,139.0 $17.9M 0.06% +100K +57.0% $64.81 +3.3%
114 CFG CITIZENS FINL GROUP INC Financial Services 304,489.0 $17.8M 0.06% +149K +96.2% $58.41 +4.2%
115 FDX FEDEX CORP Industrials 60,351.0 $17.4M 0.06% +49K +442.0% $288.86 +31.5%
116 LNC LINCOLN NATL CORP IND Financial Services 380,224.0 $16.9M 0.06% +24K +6.8% $44.53 -22.4%
117 JCI JOHNSON CTLS INTL PLC Industrials 141,136.0 $16.9M 0.06% +2K +1.6% $119.75 +20.1%
118 GILD GILEAD SCIENCES INC Healthcare 136,871.0 $16.8M 0.06% +125K +1039.3% $122.74 +7.6%
119 UBER UBER TECHNOLOGIES INC Technology 205,433.0 $16.8M 0.06% +148K +258.0% $81.71 -8.6%
120 PSA PUBLIC STORAGE OPER CO Real Estate 64,510.0 $16.7M 0.06% +38K +143.3% $259.50 +16.8%
Page 6 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%