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Asset Manager ← All Institutions

Hudson Bay Capital Management LP

Q2 2025 · Filed 2025-08-18
Market Value
$13.2B
-1.8%
Holdings
1,031
+128
New Purchases
300
Added To
222
Closed
251
Reduced
217
Top 10 Concentration
33.9%
Turnover
53.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSTR 3.66% 1.55% +2.11% $482M
AMD 3.45% 1.56% +1.89% $454M
AMZN 3.59% 1.82% +1.77% $472M
QQQ 2.26% 0.97% +1.29% $297M
INFA 0.93% 0.00% +0.93% $122M
TGT 1.13% 0.21% +0.92% $148M
CMG 0.80% 0.00% +0.80% $106M
PATH 0.78% 0.00% +0.78% $103M
BRK-B 2.54% 1.76% +0.78% $334M
ARM 0.74% 0.00% +0.74% $97M
ABNB 0.72% 0.01% +0.71% $95M
VOO 0.78% 0.08% +0.70% $102M
LQD 0.65% 0.00% +0.65% $85M
EW 0.56% 0.00% +0.56% $73M
OHI 0.54% 0.00% +0.54% $71M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 0.11% 2.86% -2.75% $14M
IWM 0.01% 1.80% -1.79% $1M
MSFT 0.44% 1.76% -1.31% $58M
TSM 0.10% 1.37% -1.27% $14M
PM 0.01% 1.19% -1.18% $1M
COIN 0.46% 1.58% -1.12% $60M
DIS 0.00% 0.96% -0.96% $459K
LLY 1.46% 2.41% -0.95% $192M
BAC 0.56% 1.50% -0.94% $74M
ABBV 0.15% 1.02% -0.87% $20M
OXY-WT 0.00% 0.85% -0.85% $0
GOOG 0.31% 1.12% -0.81% $40M
ADI 0.00% 0.81% -0.81% $208K
ASML 0.00% 0.78% -0.78% $0
C 0.00% 0.73% -0.73% $372K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 61 $4.6B 35.3%
Large Cap 450 $5.7B 43.2%
Mid Cap 250 $2.2B 16.8%
Small Cap 146 $470M 3.6%
Micro Cap 124 $135M 1.0%

Portfolio Analytics

Avg Market Cap
$77.1B
Median Market Cap
$9.7B
Avg P/E
35.0
Median P/E
24.7
Avg Dividend Yield
0.02%
Avg Beta
1.09
# Stocks
1,009
# ETFs / Funds
22

Top Holdings (1,031 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 8.44% 7,024,302 $1.1B $157.99 $8M -3,144,144 -30.9%
2 TSLA 4.38% 1,813,631 $576M $317.66 $56M -192,066 -9.6%
3 MSTR 3.66% 1,191,358 $482M $404.23 $274M +470,366 +65.2%
4 AMZN 3.59% 2,150,035 $472M $219.39 $228M +871,648 +68.2%
5 AMD 3.45% 3,200,731 $454M $141.90 $245M +1,166,412 +57.3%
6 FLG 2.80% 34,689,439 $368M $10.60 -$35M
7 BRK-B 2.54% 687,605 $334M $485.77 $98M +244,095 +55.0%
8 QQQ 2.26% 539,156 $297M $551.64 $168M +262,521 +94.9%
9 LLY 1.46% 246,232 $192M $779.53 -$131M -144,851 -37.0%
10 DLTR 1.36% 1,803,546 $179M $99.04 $26M -235,454 -11.6%
11 HES 1.24% 1,178,981 $163M $138.54 -$61M -226,986 -16.1%
12 TGT 1.13% 1,501,363 $148M $98.65 $120M +1,235,260 +464.2%
13 DASH 1.12% 598,500 $148M $246.51 $52M +73,664 +14.0%
14 BP 1.10% 4,825,000 $144M $29.93 -$8M +325,000 +7.2%
15 GOOGL 1.06% 794,550 $140M $176.23 -$83M -650,551 -45.0%
16 COF 0.96% 592,523 $126M $212.76 $10M -54,891 -8.5%
17 INFA 0.93% 5,000,000 $122M $24.35 +5,000,000 NEW
18 UBER 0.86% 1,210,243 $113M $93.30 -$29M -731,571 -37.7%
19 CMG 0.80% 1,883,547 $106M $56.15 +1,883,547 NEW
20 UNH 0.80% 336,300 $105M $311.97 $36M +203,800 +153.8%
21 PATH 0.78% 8,012,400 $103M $12.80 +8,012,400 NEW
22 VOO 0.78% 180,267 $102M $568.03 $92M +159,217 +756.4%
23 ARM 0.74% 600,000 $97M $161.74 +600,000 NEW
24 ABNB 0.72% 714,609 $95M $132.34 $94M +706,352 +8554.6%
25 WFC 0.71% 1,160,274 $93M $80.12 $46M +513,059 +79.3%
26 LQD 0.65% 780,000 $85M $109.61 +780,000 NEW
27 PYPL 0.64% 1,130,979 $84M $74.32 -$11M -331,082 -22.6%
28 CUZ 0.63% 2,759,950 $83M $30.03 $25M +797,822 +40.7%
29 SPY 0.62% 131,499 $81M $617.85 -$38M -82,172 -38.5%
30 ADBE 0.60% 203,957 $79M $386.88 -$27M -71,543 -26.0%
31 BAC 0.56% 1,556,077 $74M $47.32 -$127M -3,246,295 -67.6%
32 EW 0.56% 934,449 $73M $78.21 +934,449 NEW
33 ANET 0.55% 708,873 $73M $102.31 $57M +507,844 +252.6%
34 OHI 0.54% 1,945,747 $71M $36.65 +1,945,747 NEW
35 HOOD 0.52% 729,432 $68M $93.63 -$5M -1,030,568 -58.6%
36 JPM 0.49% 220,971 $64M $289.91 $34M +98,683 +80.7%
37 ULTA 0.47% 132,892 $62M $467.82 +132,892 NEW
38 FIVE 0.47% 471,506 $62M $131.18 $60M +446,301 +1770.7%
39 AZO 0.46% 16,358 $61M $3,712.23 $52M +14,200 +658.0%
40 COIN 0.46% 170,828 $60M $350.49 -$152M -1,057,145 -86.1%
41 BRX 0.44% 2,245,273 $58M $26.04 $36M +1,393,811 +163.7%
42 MSFT 0.44% 117,284 $58M $497.41 -$177M -509,845 -81.3%
43 IBIT 0.44% 948,821 $58M $61.21 $45M +673,887 +245.1%
44 NDAQ 0.43% 637,121 $57M $89.42 $46M +494,229 +345.9%
45 VNO 0.43% 1,489,119 $57M $38.24 $12M +270,306 +22.2%
46 CRWD 0.43% 110,000 $56M $509.31 $50M +92,034 +512.3%
47 BSX 0.40% 484,000 $52M $107.41 +484,000 NEW
48 TEAM 0.37% 237,054 $48M $203.09 $43M +212,720 +874.2%
49 CVX 0.36% 334,550 $48M $143.19 $33M +243,042 +265.6%
50 BA 0.36% 227,068 $48M $209.53 -$61M -412,264 -64.5%
51 NTST 0.36% 2,807,797 $48M $16.93 $17M +862,766 +44.4%
52 XLF 0.36% 900,000 $47M $52.37 $22M +400,000 +80.0%
53 MNST 0.35% 736,430 $46M $62.64 $38M +593,812 +416.4%
54 JNPR 0.34% 1,117,015 $45M $39.93 $28M +659,603 +144.2%
55 ALLY 0.34% 1,132,259 $44M $38.95 +1,132,259 NEW
56 ANSS 0.33% 125,316 $44M $351.22 $16M +35,867 +40.1%
57 AKR 0.33% 2,325,956 $43M $18.57 $4M +471,103 +25.4%
58 TTWO 0.33% 177,227 $43M $242.85 $21M +71,050 +66.9%
59 SKX 0.32% 676,310 $43M $63.10 +676,310 NEW
60 SNOW 0.32% 187,000 $42M $223.77 +187,000 NEW
61 ACHR 0.32% 3,851,176 $42M $10.85 $34M +2,719,003 +240.2%
62 GOOG 0.31% 226,251 $40M $177.39 -$109M -730,739 -76.4%
63 FCPT 0.30% 1,443,164 $39M $26.91 $10M +433,108 +42.9%
64 ALGN 0.30% 205,067 $39M $189.33 +205,067 NEW
65 NEM 0.29% 655,946 $38M $58.26 -$10M -344,054 -34.4%
66 UAL 0.29% 475,771 $38M $79.63 $31M +379,416 +393.8%
67 ARGX 0.28% 67,923 $37M $551.22 +67,923 NEW
68 ISRG 0.28% 67,330 $37M $543.41 -$53M -113,519 -62.8%
69 FYBR 0.28% 1,001,900 $36M $36.40 -$527K -29,796 -2.9%
70 UE 0.28% 1,949,069 $36M $18.66 $11M +624,645 +47.2%
71 PENN 0.28% 2,029,843 $36M $17.87 $8M +308,998 +18.0%
72 BKNG 0.27% 6,212 $36M $5,789.24 $10M +497 +8.7%
73 RBRK 0.27% 398,000 $36M $89.59 +398,000 NEW
74 REGN 0.26% 66,358 $35M $525.00 $22M +45,771 +222.3%
75 FICO 0.26% 19,002 $35M $1,827.96 +19,002 NEW
76 LPLA 0.26% 92,076 $35M $374.97 -$48M -160,503 -63.5%
77 AEE 0.26% 353,359 $34M $96.04 $181K +17,149 +5.1%
78 ROKU 0.26% 384,000 $34M $87.89 $32M +358,690 +1417.2%
79 FE 0.26% 836,328 $34M $40.26 -$5K +3,191 +0.4%
80 BIIB 0.26% 267,740 $34M $125.59 $6M +67,220 +33.5%
81 BHC 0.25% 5,000,000 $33M $6.66 $950K
82 CART 0.25% 725,849 $33M $45.24 $27M +577,714 +390.0%
83 INVH 0.25% 984,893 $32M $32.80 $28M +859,893 +687.9%
84 UDR 0.25% 790,549 $32M $40.83 +790,549 NEW
85 TXN 0.24% 153,469 $32M $207.62 -$52M -314,868 -67.2%
86 ETR 0.24% 374,935 $31M $83.12 $16M +201,406 +116.1%
87 SLG 0.24% 503,333 $31M $61.90 -$8M -175,862 -25.9%
88 AEP 0.23% 290,100 $30M $103.76 $11M +113,300 +64.1%
89 DDOG 0.23% 221,370 $30M $134.33 $30M +218,996 +9224.8%
90 HD 0.23% 80,833 $30M $366.64 $26M +71,129 +733.0%
91 IONS 0.23% 750,000 $30M $39.51 -$2M -299,900 -28.6%
92 BMRN 0.22% 526,420 $29M $54.97 -$13M -60,425 -10.3%
93 ICLR 0.21% 193,000 $28M $145.45 +193,000 NEW
94 H 0.21% 199,535 $28M $139.65 $28M +197,404 +9263.4%
95 CRCL 0.21% 151,799 $28M $181.29 +151,799 NEW
96 CUBE 0.21% 641,231 $27M $42.50 -$11M -258,306 -28.7%
97 STAG 0.21% 747,958 $27M $36.28 $15M +407,910 +120.0%
98 STRK 0.20% 215,421 $26M $121.01 $18M +124,221 +136.2%
99 MTD 0.20% 22,039 $26M $1,174.72 +22,039 NEW
100 K 0.20% 325,000 $26M $79.53 +325,000 NEW

Options Breakdown

238 Calls $3.2B Call Value 280 Puts $11.0B Put Value 3.43 P/C Ratio

Top Calls

SymbolSharesValueStatus
QQQ 983,800 $543M
TSLA 1,172,500 $372M
NFLX 225,800 $302M
AMZN 1,058,300 $232M
BRK-B 400,000 $194M
SPY 290,000 $179M
SWTX 3,529,200 $166M NEW
HOOD 1,684,400 $158M NEW
PLTR 1,060,000 $144M
IBIT 1,958,400 $120M

Top Puts

SymbolSharesValueStatus
NVDA 7,765,500 $1.2B
QQQ 2,182,400 $1.2B
TSLA 2,997,500 $952M
SPY 1,393,200 $861M
AMZN 3,075,500 $675M
BRK-B 1,150,000 $559M
AMD 3,300,000 $468M
MSTR 1,140,100 $461M
HYG 4,800,000 $387M
NFLX 230,000 $308M

New Positions

SymbolValue% Port
INFA $122M 0.93%
CMG $106M 0.80%
PATH $103M 0.78%
ARM $97M 0.74%
LQD $85M 0.65%
EW $73M 0.56%
OHI $71M 0.54%
ULTA $62M 0.47%
BSX $52M 0.40%
ALLY $44M 0.34%
SKX $43M 0.32%
SNOW $42M 0.32%
ALGN $39M 0.30%
ARGX $37M 0.28%
RBRK $36M 0.27%

Sold Out Positions

SymbolValue% Port
OGS —%
YUM —%
UAMY —%
EXR —%
ALB —%
AMP —%
RH —%
WNC —%
AN —%
ALSN —%
QXO —%
BROS —%
ALLE —%
AFG —%
ZTS —%
View SEC EDGAR Filings for Hudson Bay Capital Management LP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms