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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 7 of 14  ·  268 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 100,350.0 $16.3M 0.05% +61K +155.3% $161.96 -3.9%
122 DUK DUKE ENERGY CORP NEW Utilities 136,504.0 $16.0M 0.05% +129K +1717.6% $117.21 +6.1%
123 DAWN DAY ONE BIOPHARMACEUTICALS I Healthcare 1,700,000.0 $15.8M 0.05% +380K +28.8% $9.32 +131.0%
124 AVIDITY BIOSCIENCES INC 218,226.0 $15.7M 0.05% +188K +627.4% $72.13
125 UNM UNUM GROUP Financial Services 202,991.0 $15.7M 0.05% +75K +58.6% $77.50 +4.4%
126 MSCI MSCI INC Financial Services 27,324.0 $15.7M 0.05% +18K +206.5% $573.73 -0.7%
127 JACS JACKSON ACQUISITION CO II Financial Services 1,488,300.0 $15.5M 0.05% +150K +11.2% $10.42 +1.7%
128 JBHT HUNT J B TRANS SVCS INC Industrials 77,847.0 $15.1M 0.05% +30K +62.3% $194.34 +31.0%
129 SHAK SHAKE SHACK INC Consumer Cyclical 185,000.0 $15.0M 0.05% +140K +314.1% $81.17 -23.8%
130 VST VISTRA CORP Utilities 92,959.0 $15.0M 0.05% +34K +56.9% $161.33 -12.0%
131 BLK BLACKROCK INC Financial Services 13,893.0 $14.9M 0.05% +11K +327.2% $1070.34 +1.1%
132 DOV DOVER CORP Industrials 72,495.0 $14.2M 0.05% +31K +76.0% $195.24 +9.8%
133 EAT BRINKER INTL INC Consumer Cyclical 96,520.0 $13.9M 0.05% +96K +10000.0% $143.52 -4.7%
134 JNJ JOHNSON & JOHNSON Healthcare 65,000.0 $13.5M 0.04% +59K +909.9% $206.95 +11.5%
135 IMCR IMMUNOCORE HLDGS PLC Healthcare 383,558.0 $13.3M 0.04% +50K +15.0% $34.71 -17.1%
136 HAYW HAYWARD HLDGS INC Industrials 854,447.0 $13.2M 0.04% +205K +31.5% $15.45 -10.0%
137 GXO GXO LOGISTICS INCORPORATED Industrials 245,862.0 $12.9M 0.04% +137K +125.4% $52.64 -5.2%
138 HTZ HERTZ GLOBAL HLDGS INC Industrials 2,500,000.0 $12.8M 0.04% +200K +8.7% $5.14 +13.4%
139 LEGATO MERGER CORP III 1,155,100.0 $12.6M 0.04% +505K +77.7% $10.88
140 LEGN LEGEND BIOTECH CORP Healthcare 575,000.0 $12.5M 0.04% +355K +161.4% $21.74 +31.6%
Page 7 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%