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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 33 of 58  ·  1,160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
641 BKH BLACK HILLS CORP Utilities 40,638.0 $2.8M 0.01% NEW $69.42 +5.5%
642 ROMAN DBDR ACQUISITION CORP 268,440.0 $2.8M 0.01% $10.43
643 BSAA BEST SPAC I ACQUISITION CORP Financial Services 275,000.0 $2.8M 0.01% $10.13 +6.3%
644 CENTURION ACQUISITION CORP 259,610.0 $2.8M 0.01% $10.68
645 BAX BAXTER INTL INC Healthcare 145,000.0 $2.8M 0.01% +65K +81.2% $19.11 -4.3%
646 VENDOME ACQUISITION CORP I 275,000.0 $2.8M 0.01% $10.07
647 ALC ALCON AG Healthcare 35,000.0 $2.8M 0.01% NEW $78.81 -16.0%
648 AGIO AGIOS PHARMACEUTICALS INC Healthcare 100,000.0 $2.7M 0.01% -22K -18.4% $27.22 +3.5%
649 MLAC MOUNTAIN LAKE ACQUISITION CO Financial Services 260,429.0 $2.7M 0.01% -440K -62.8% $10.40 +1.9%
650 AMRIZE LTD 49,885.0 $2.7M 0.01% -20K -28.7% $54.08
651 TAC TRANSALTA CORP Utilities 211,562.0 $2.7M 0.01% NEW $12.64 +3.0%
652 AWK AMERICAN WTR WKS CO INC NEW Utilities 20,238.0 $2.6M 0.01% NEW $130.50 -5.5%
653 LAUNCH TWO ACQUISITION CORP. 251,261.0 $2.6M 0.01% -48K -16.1% $10.50
654 CLX CLOROX CO DEL Consumer Defensive 26,027.0 $2.6M 0.01% NEW $100.83 -8.1%
655 BLDR BUILDERS FIRSTSOURCE INC Industrials 25,363.0 $2.6M 0.01% -31K -54.8% $102.89 -35.3%
656 RIBBON ACQUISITION CORP 250,000.0 $2.6M 0.01% $10.39
657 STLD STEEL DYNAMICS INC Basic Materials 15,267.0 $2.6M 0.01% +5K +51.3% $169.45 +32.6%
658 HTZ CALL HERTZ GLOBAL HLDGS INC Industrials 500,000.0 $2.6M 0.01% -1.2M -70.6% $5.14 -4.0%
659 CTRI CENTURI HOLDINGS INC Utilities 101,560.0 $2.6M 0.01% -25K -19.6% $25.25 +15.8%
660 FNKO FUNKO INC Consumer Cyclical 750,000.0 $2.5M 0.01% $3.40 +34.9%
Page 33 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%