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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 9 of 23  ·  448 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 AAL AMERICAN AIRLS GROUP INC Industrials 237,548.0 $3.6M 0.01% NEW $15.33 -18.7%
162 ESI ELEMENT SOLUTIONS INC Basic Materials 142,068.0 $3.6M 0.01% NEW $24.99 +67.5%
163 LULU LULULEMON ATHLETICA INC Consumer Cyclical 17,000.0 $3.5M 0.01% NEW $207.81 -42.9%
164 FERG FERGUSON ENTERPRISES INC Industrials 15,850.0 $3.5M 0.01% NEW $222.63 +0.6%
165 DAEDALUS SPL ACQUISITION COR 350,000.0 $3.5M 0.01% NEW $10.05
166 SONO SONOS INC Technology 200,000.0 $3.5M 0.01% NEW $17.56 -15.2%
167 BLUEROCK ACQUISITION CORP 350,000.0 $3.5M 0.01% NEW $10.00
168 TWELVE SEAS INVT CO III 350,000.0 $3.5M 0.01% NEW $9.95
169 CIDARA THERAPEUTICS INC 15,751.0 $3.5M 0.01% NEW $220.89
170 DNMX DYNAMIX CORP III Financial Services 350,000.0 $3.5M 0.01% NEW $9.89 +1.0%
171 SG SWEETGREEN INC Consumer Cyclical 500,000.0 $3.4M 0.01% NEW $6.76 +21.6%
172 SOULPOWER ACQUISITION CORP 326,976.0 $3.3M 0.01% NEW $10.15
173 SILC SILICOM LTD Technology 224,905.0 $3.3M 0.01% NEW $14.70 +234.2%
174 TERN TERNS PHARMACEUTICALS INC Healthcare 81,034.0 $3.3M 0.01% NEW $40.40 +31.1%
175 MDU MDU RES GROUP INC Industrials 164,190.0 $3.2M 0.01% NEW $19.52 +14.6%
176 EQX EQUINOX GOLD CORP Basic Materials 226,300.0 $3.2M 0.01% NEW $14.06 -5.5%
177 ACVA ACV AUCTIONS INC Consumer Cyclical 395,358.0 $3.2M 0.01% NEW $8.02 -24.2%
178 NCLH NORWEGIAN CRUISE LINE HLDG L Consumer Cyclical 134,867.0 $3.0M 0.01% NEW $22.32 -30.2%
179 HALL CHADWICK ACQUISITION CO 300,000.0 $3.0M 0.01% NEW $10.03
180 MCKINLEY ACQUISITION CORP 300,000.0 $3.0M 0.01% NEW $9.97
Page 9 of 23  ·  448 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%