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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 53 of 58  ·  1,160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1041 SOLARIUS CAPITAL ACQU CORP 300,000.0 $84K $0.28
1042 MOUNTAIN LAKE ACQUISITION CO 349,976.0 $84K -50K -12.5% $0.24
1043 RKLB CALL ROCKET LAB CORP Industrials 1,200.0 $84K NEW $69.76 +95.3%
1044 HARVARD AVE ACQUISITION CORP 750,000.0 $81K NEW $0.11
1045 XMAX INC 13,470.0 $81K NEW $6.00
1046 TALON CAP CORP 135,019.0 $80K NEW $0.59
1047 THAYER VENTURES ACQ CORP II 375,000.0 $79K $0.21
1048 REKR REKOR SYSTEMS INC Technology 56,850.0 $78K NEW $1.38 -47.1%
1049 CHURCHILL CAP CORP X 5,000.0 $78K -5K -50.0% $15.60
1050 FIFTH ERA ACQUISITION CORP I 200,000.0 $78K $0.39
1051 GALATA ACQUISITION CORP II 193,462.0 $77K NEW $0.40
1052 PLBY PLAYBOY INC Consumer Cyclical 41,033.0 $77K +6K +16.0% $1.88 -30.1%
1053 PLUM ACQUISITION CORP IV 281,068.0 $76K -144K -33.9% $0.27
1054 LAKESHORE ACQUISITION III CO 300,000.0 $75K $0.25
1055 NFGC NEW FOUND GOLD CORP Basic Materials 25,300.0 $75K NEW $2.96 -31.1%
1056 APYX APYX MEDICAL CORPORATION Healthcare 20,719.0 $73K NEW $3.50 +16.6%
1057 GPRO GOPRO INC Technology 51,180.0 $72K NEW $1.41 -20.9%
1058 STARRY SEA ACQUISITION CORP 250,000.0 $72K NEW $0.29
1059 SATELLOGIC INC 278,840.0 $71K $0.25
1060 CSLM DIGITA ASSET ACQ CORP I 198,846.0 $70K -126K -38.8% $0.35
Page 53 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%