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Portfolio (Quarterly) Guide ↗

Hudson Bay Capital Management LP

· CIK 0001393825
13F Portfolio $30.1B AUM Filed Dec 15, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 1198 New
Page 8 of 60  ·  1,198 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 BMRN BIOMARIN PHARMACEUTICAL INC Healthcare 693,894.0 $37.6M 0.12% NEW $54.16 -8.3%
142 CUBE CUBESMART Real Estate 923,539.0 $37.6M 0.12% NEW $40.66 -5.7%
143 PUT KELLANOVA 450,000.0 $36.9M 0.12% NEW $82.02
144 LMT LOCKHEED MARTIN CORP Industrials 73,243.0 $36.6M 0.12% NEW $499.21 +3.4%
145 MSFT MICROSOFT CORP Technology 69,340.0 $35.9M 0.12% NEW $517.95 -18.5%
146 BIIB BIOGEN INC Healthcare 253,151.0 $35.5M 0.12% NEW $140.08 +37.7%
147 LNT ALLIANT ENERGY CORP Utilities 526,054.0 $35.5M 0.12% NEW $67.41 +5.2%
148 EGP EASTGROUP PPTYS INC Real Estate 207,372.0 $35.1M 0.12% NEW $169.26 +18.6%
149 GILD PUT GILEAD SCIENCES INC Healthcare 315,000.0 $35.0M 0.12% NEW $111.00 +16.7%
150 SATS ECHOSTAR CORP Technology 456,925.0 $34.9M 0.12% NEW $76.36 +79.7%
151 AHR AMERICAN HEALTHCARE REIT INC Real Estate 820,223.0 $34.5M 0.12% NEW $42.01 +17.5%
152 ASTRAZENECA PLC 444,874.0 $34.1M 0.11% NEW $76.72
153 LLY ELI LILLY & CO Healthcare 44,516.0 $34.0M 0.11% NEW $763.00 +31.9%
154 IONS IONIS PHARMACEUTICALS INC Healthcare 515,000.0 $33.7M 0.11% NEW $65.42 +13.5%
155 BA BOEING CO Industrials 155,200.0 $33.5M 0.11% NEW $215.83 +2.2%
156 ROKU ROKU INC Communication Services 331,614.0 $33.2M 0.11% NEW $100.13 +23.9%
157 NSA NATIONAL STORAGE AFFILIATES Real Estate 1,094,696.0 $33.1M 0.11% NEW $30.22 +35.7%
158 LPLA LPL FINL HLDGS INC Financial Services 99,118.0 $33.0M 0.11% NEW $332.69 -9.9%
159 HD HOME DEPOT INC Consumer Cyclical 79,713.0 $32.3M 0.11% NEW $405.19 -26.6%
160 BHC BAUSCH HEALTH COS INC Healthcare 5,000,000.0 $32.2M 0.11% NEW $6.45 -17.2%
Page 8 of 60  ·  1,198 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 25.1%
Consumer Cyclical 20.8%
Financial Services 12.5%
Real Estate 8.9%
Healthcare 7.8%
Communication Services 7.5%
Industrials 6.6%
Consumer Defensive 4.0%
Utilities 3.3%
Energy 2.7%