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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 52 of 58  ·  1,160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1021 HIGHVIEW MERGER CORP 375,000.0 $101K NEW $0.27
1022 PROK PROKIDNEY CORP Healthcare 45,056.0 $101K NEW $2.24 -28.1%
1023 TRANSLATIONAL DEV ACQUISITIO 325,000.0 $101K $0.31
1024 OYSTER ENTERPRISES II ACQUIS 501,530.0 $100K -195K -28.0% $0.20
1025 A PARADISE ACQUISITION CORP 398,596.0 $100K +249K +165.7% $0.25
1026 RANGE CAP ACQUISITION CORP I 300,000.0 $99K NEW $0.33
1027 IMDX INSIGHT MOLECULAR DIA INC Healthcare 13,061.0 $98K NEW $7.50 -19.4%
1028 NEWBURY STR II ACQUISITION C 387,074.0 $97K $0.25
1029 GESHER ACQUISITION CORP. II 212,500.0 $96K $0.45
1030 AREC AMERICAN RES CORP Energy 37,590.0 $93K NEW $2.48 -15.9%
1031 ALTO ALTO INGREDIENTS INC Basic Materials 31,770.0 $91K NEW $2.88 +64.8%
1032 ROMAN DBDR ACQUISITION CORP 156,939.0 $91K $0.58
1033 VIKING ACQUISITION CORP I 216,666.0 $91K NEW $0.42
1034 INOVIO PHARMACEUTICALS INC 50,677.0 $88K NEW $1.74
1035 ALLURION TECHNOLOGIES INC 59,880.0 $87K NEW $1.45
1036 REAL ASSET ACQUISITION CORP 200,000.0 $86K -125K -38.5% $0.43
1037 RITHM ACQUISITION CORP 125,000.0 $86K $0.69
1038 SENS SENSEONICS HLDGS INC Healthcare 15,450.0 $85K NEW $5.52 +0.5%
1039 AA MISSION ACQUISITION CORP 500,000.0 $85K $0.17
1040 NEWHOLD INVT CORP III 188,408.0 $85K -250K -57.0% $0.45
Page 52 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%