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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 42 of 58  ·  1,160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
821 LPX CALL LOUISIANA PAC CORP Basic Materials 10,000.0 $808K 0.00% NEW $80.76 -12.8%
822 XME SPDR SERIES TRUST 7,500.0 $777K 0.00% NEW $103.61 +6.3%
823 KODIAK AI INC. 506,840.0 $775K 0.00% +280K +123.5% $1.53
824 ESTA ESTABLISHMENT LABS HLDGS INC Healthcare 10,400.0 $758K 0.00% NEW $72.88 -9.9%
825 HSAI HESAI GROUP Consumer Cyclical 33,574.0 $752K 0.00% NEW $22.40 -1.7%
826 ATAT ATOUR LIFESTYLE HLDGS LTD Consumer Cyclical 19,000.0 $749K 0.00% +8K +79.2% $39.40 -7.5%
827 SBET SHARPLINK GAMING INC Financial Services 83,650.0 $748K 0.00% NEW $8.94 -29.4%
828 INFINITY NAT RES INC 50,073.0 $738K 0.00% $14.73
829 JOBY AVIATION INC 184,570.0 $731K 0.00% +110K +147.8% $3.96
830 MOS MOSAIC CO NEW Basic Materials 30,000.0 $723K 0.00% NEW $24.09 -11.1%
831 RIGETTI COMPUTING INC 64,796.0 $715K 0.00% $11.04
832 PROCAP FINL INC 201,250.0 $710K 0.00% NEW $3.53
833 CLH CLEAN HARBORS INC Industrials 3,000.0 $703K 0.00% NEW $234.48 +24.5%
834 QXO QXO INC Industrials 35,000.0 $675K 0.00% NEW $19.29 -13.4%
835 PSKY PARAMOUNT SKYDANCE CORP Communication Services 50,100.0 $671K 0.00% NEW $13.40 -26.7%
836 LPTH LIGHTPATH TECHNOLOGIES INC Technology 62,080.0 $670K 0.00% +52K +489.4% $10.80 +15.2%
837 LBRT LIBERTY ENERGY INC Energy 36,300.0 $670K 0.00% NEW $18.46 +79.1%
838 EQ EQUILLIUM INC Healthcare 428,538.0 $664K 0.00% +150K +53.9% $1.55 +13.9%
839 NEXTNAV INC 91,131.0 $652K 0.00% $7.16
840 FIGR FIGURE TECHNOLOGY SOLUTIO Financial Services 15,788.0 $645K 0.00% -90K -85.0% $40.84 -5.5%
Page 42 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%