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Asset Manager ← All Institutions

Hudson Bay Capital Management LP

Q3 2025 · Filed 2025-12-15
Market Value
$13.8B
+4.8%
Holdings
1,072
+41
New Purchases
292
Added To
187
Closed
255
Reduced
285
Top 10 Concentration
35.0%
Turnover
51.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AMZN 7.09% 3.59% +3.50% $977M
AAPL 1.87% 0.11% +1.76% $257M
CYBR 1.67% 0.00% +1.67% $230M
TSM 1.46% 0.10% +1.36% $201M
TSLA 5.71% 4.38% +1.33% $788M
SPY 1.87% 0.62% +1.25% $258M
EA 1.15% 0.04% +1.11% $159M
NFLX 0.90% 0.00% +0.90% $124M
COST 0.86% 0.05% +0.81% $119M
TMUS 0.81% 0.05% +0.76% $112M
IBIT 1.13% 0.44% +0.69% $156M
K 0.73% 0.20% +0.53% $100M
MRUS 0.51% 0.01% +0.50% $70M
WDAY 0.48% 0.00% +0.48% $67M
GTLS 0.48% 0.01% +0.47% $66M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSTR 1.07% 3.66% -2.59% $147M
QQQ 0.29% 2.26% -1.97% $40M
HES 0.00% 1.24% -1.24% $0
LLY 0.25% 1.46% -1.21% $34M
AMD 2.26% 3.45% -1.19% $312M
TGT 0.00% 1.13% -1.13% $0
INFA 0.00% 0.93% -0.93% $0
GOOGL 0.21% 1.06% -0.86% $28M
UBER 0.04% 0.86% -0.82% $6M
PATH 0.00% 0.78% -0.78% $0
VOO 0.03% 0.78% -0.75% $5M
ARM 0.00% 0.74% -0.74% $0
PYPL 0.01% 0.64% -0.63% $803K
WFC 0.08% 0.71% -0.63% $11M
COF 0.34% 0.96% -0.62% $47M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 60 $5.4B 39.2%
Large Cap 456 $5.1B 37.0%
Mid Cap 266 $2.4B 17.7%
Small Cap 163 $651M 4.7%
Micro Cap 127 $194M 1.4%

Portfolio Analytics

Avg Market Cap
$74.2B
Median Market Cap
$9.2B
Avg P/E
37.1
Median P/E
25.3
Avg Dividend Yield
0.02%
Avg Beta
1.08
# Stocks
1,046
# ETFs / Funds
26

Top Holdings (1,072 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 8.06% 5,957,955 $1.1B $186.58 $2M -1,066,347 -15.2%
2 AMZN 7.09% 4,451,145 $977M $219.57 $506M +2,301,110 +107.0%
3 TSLA 5.71% 1,770,975 $788M $444.72 $211M -42,656 -2.4%
4 FLG 2.91% 34,689,439 $401M $11.55 $33M
5 AMD 2.26% 1,926,156 $312M $161.79 -$143M -1,274,575 -39.8%
6 BRK-B 2.13% 583,415 $293M $502.74 -$41M -104,190 -15.2%
7 SPY 1.87% 387,000 $258M $666.18 $177M +255,501 +194.3%
8 AAPL 1.87% 1,010,591 $257M $254.63 $243M +940,419 +1340.2%
9 CYBR 1.67% 476,630 $230M $483.15 +476,630 NEW
10 TSM 1.46% 720,931 $201M $279.29 $188M +660,610 +1095.2%
11 DLTR 1.20% 1,756,376 $166M $94.37 -$13M -47,170 -2.6%
12 EA 1.15% 788,049 $159M $201.70 $153M +753,835 +2203.3%
13 IBIT 1.13% 2,406,578 $156M $65.00 $98M +1,457,757 +153.6%
14 BP 1.13% 4,515,000 $156M $34.46 $11M -310,000 -6.4%
15 MSTR 1.07% 457,611 $147M $322.21 -$334M -733,747 -61.6%
16 DASH 0.90% 455,329 $124M $271.99 -$24M -143,171 -23.9%
17 NFLX 0.90% 103,049 $124M $1,198.92 +103,049 NEW
18 COST 0.86% 128,045 $119M $925.63 $112M +121,293 +1796.4%
19 TMUS 0.81% 466,612 $112M $239.38 $104M +436,294 +1439.1%
20 GOOG 0.76% 430,118 $105M $243.55 $65M +203,867 +90.1%
21 ANET 0.73% 693,427 $101M $145.71 $29M -15,446 -2.2%
22 K 0.73% 1,219,143 $100M $82.02 $74M +894,143 +275.1%
23 CUZ 0.70% 3,315,646 $96M $28.94 $13M +555,696 +20.1%
24 VNO 0.69% 2,358,316 $96M $40.53 $39M +869,197 +58.4%
25 SLG 0.63% 1,460,373 $87M $59.81 $56M +957,040 +190.1%
26 UNH 0.63% 250,000 $86M $345.30 -$19M -86,300 -25.7%
27 EW 0.53% 932,720 $73M $77.77 -$546K -1,729 -0.2%
28 MRUS 0.51% 740,394 $70M $94.15 $69M +725,843 +4988.3%
29 SLB 0.50% 2,007,420 $69M $34.37 $57M +1,660,865 +479.2%
30 NTST 0.50% 3,794,639 $69M $18.06 $21M +986,842 +35.1%
31 WDAY 0.48% 276,648 $67M $240.73 +276,648 NEW
32 GTLS 0.48% 330,360 $66M $200.15 $65M +323,400 +4646.6%
33 BTU 0.47% 2,422,266 $64M $26.52 $39M +546,018 +29.1%
34 HOOD 0.45% 436,104 $62M $143.18 -$6M -293,328 -40.2%
35 ABNB 0.45% 508,574 $62M $121.42 -$33M -206,035 -28.8%
36 BRX 0.44% 2,208,388 $61M $27.68 $3M -36,885 -1.6%
37 CTRE 0.43% 1,710,528 $59M $34.68 $54M +1,530,994 +852.8%
38 AZO 0.42% 13,534 $58M $4,290.24 -$3M -2,824 -17.3%
39 PLYM 0.41% 2,525,651 $56M $22.33 +2,525,651 NEW
40 CMG 0.41% 1,438,206 $56M $39.19 -$49M -445,341 -23.6%
41 CDNS 0.38% 150,367 $53M $351.26 +150,367 NEW
42 PLTR 0.37% 280,382 $51M $182.42 $46M +240,177 +597.4%
43 FLY 0.37% 1,811,811 $51M $27.99 +1,811,811 NEW
44 META 0.37% 68,549 $50M $734.38 $46M +63,074 +1152.0%
45 COOP 0.36% 237,489 $50M $210.79 $46M +209,030 +734.5%
46 CRWD 0.36% 100,000 $49M $490.38 -$7M -10,000 -9.1%
47 VRNA 0.35% 455,334 $49M $106.71 +455,334 NEW
48 XLF 0.35% 900,000 $48M $53.87 $1M
49 BSX 0.34% 485,906 $47M $97.63 -$5M +1,906 +0.4%
50 COIN 0.34% 138,329 $47M $337.49 -$13M -32,499 -19.0%
51 COF 0.34% 219,398 $47M $212.58 -$79M -373,125 -63.0%
52 SMH 0.33% 140,342 $46M $326.36 +140,342 NEW
53 NSC 0.33% 151,463 $46M $300.41 $36M +115,073 +316.2%
54 C 0.33% 444,999 $45M $101.50 $45M +440,634 +10094.7%
55 JPM 0.32% 138,735 $44M $315.43 -$20M -82,236 -37.2%
56 SRE 0.31% 477,525 $43M $89.98 $26M +249,314 +109.2%
57 MNST 0.31% 625,034 $42M $67.31 -$4M -111,396 -15.1%
58 XEL 0.30% 513,504 $41M $80.65 $29M +326,513 +174.6%
59 KIM 0.30% 1,892,903 $41M $21.85 $17M +748,956 +65.5%
60 UAL 0.30% 425,623 $41M $96.50 $3M -50,148 -10.5%
61 WEC 0.30% 355,711 $41M $114.59 $28M +234,203 +192.8%
62 QQQ 0.29% 66,040 $40M $600.37 -$258M -473,116 -87.8%
63 AKR 0.29% 1,952,513 $39M $20.15 -$4M -373,443 -16.1%
64 BAC 0.28% 750,981 $39M $51.59 -$35M -805,096 -51.7%
65 TXNM 0.28% 684,996 $39M $56.55 $17M +303,993 +79.8%
66 SNOW 0.28% 170,000 $38M $225.55 -$4M -17,000 -9.1%
67 FE 0.28% 833,137 $38M $45.82 $5M -3,191 -0.4%
68 BNL 0.28% 2,126,373 $38M $17.87 +2,126,373 NEW
69 TEAM 0.27% 235,835 $38M $159.70 -$10M -1,219 -0.5%
70 COMM 0.27% 2,428,389 $38M $15.48 $29M +1,428,389 +142.8%
71 BMRN 0.27% 693,894 $38M $54.16 $9M +167,474 +31.8%
72 CUBE 0.27% 923,539 $38M $40.66 $10M +282,308 +44.0%
73 LMT 0.27% 73,243 $37M $499.21 $30M +58,480 +396.1%
74 MSFT 0.26% 69,340 $36M $517.95 -$22M -47,944 -40.9%
75 BIIB 0.26% 253,151 $35M $140.08 $2M -14,589 -5.5%
76 LNT 0.26% 526,054 $35M $67.41 $11M +119,769 +29.5%
77 EGP 0.25% 207,372 $35M $169.26 $24M +138,193 +199.8%
78 SATS 0.25% 456,925 $35M $76.36 +456,925 NEW
79 AHR 0.25% 820,223 $34M $42.01 $21M +445,122 +118.7%
80 LLY 0.25% 44,516 $34M $763.00 -$158M -201,716 -81.9%
81 IONS 0.24% 515,000 $34M $65.42 $4M -235,000 -31.3%
82 BA 0.24% 155,200 $33M $215.83 -$14M -71,868 -31.6%
83 ROKU 0.24% 331,614 $33M $100.13 -$545K -52,386 -13.6%
84 NSA 0.24% 1,094,696 $33M $30.22 +1,094,696 NEW
85 LPLA 0.24% 99,118 $33M $332.69 -$2M +7,042 +7.7%
86 HD 0.23% 79,713 $32M $405.19 $3M -1,120 -1.4%
87 BHC 0.23% 5,000,000 $32M $6.45 -$1M
88 ETNB 0.23% 2,172,000 $32M $14.70 $30M +1,946,300 +862.3%
89 PENN 0.23% 1,644,688 $32M $19.26 -$5M -385,155 -19.0%
90 ETR 0.22% 330,595 $31M $93.19 -$356K -44,340 -11.8%
91 HPE 0.22% 1,242,399 $31M $24.56 +1,242,399 NEW
92 RBRK 0.21% 359,000 $30M $82.25 -$6M -39,000 -9.8%
93 SOFI 0.21% 1,116,890 $30M $26.42 +1,116,890 NEW
94 TDS 0.21% 750,000 $29M $39.24 $12M +250,000 +50.0%
95 VTR 0.21% 419,484 $29M $69.99 $12M +141,291 +50.8%
96 ISRG 0.21% 65,132 $29M $447.23 -$7M -2,198 -3.3%
97 AEE 0.21% 277,952 $29M $104.38 -$5M -75,407 -21.3%
98 PDM 0.21% 3,215,339 $29M $9.00 $7M +201,764 +6.7%
99 NEOG 0.21% 5,000,000 $29M $5.71 +5,000,000 NEW
100 GOOGL 0.21% 117,101 $28M $243.10 -$112M -677,449 -85.3%

Options Breakdown

228 Calls $2.5B Call Value 250 Puts $11.0B Put Value 4.35 P/C Ratio

Top Calls

SymbolSharesValueStatus
HOOD 1,889,300 $271M
NFLX 220,000 $264M
NVDA 1,334,600 $249M
AAPL 880,000 $224M
TSLA 454,600 $202M
MSTR 420,200 $135M
SMH 285,800 $93M
IBIT 1,161,500 $75M
LLY 95,000 $72M
WDAY 235,000 $57M NEW

Top Puts

SymbolSharesValueStatus
NVDA 7,100,100 $1.3B
TSLA 2,195,000 $976M
AMZN 4,370,000 $960M
IWM 3,600,000 $871M
SPY 1,188,200 $792M
HYG 7,000,000 $568M
QQQ 810,500 $487M
AAPL 1,850,000 $471M
IBIT 5,538,300 $360M
NFLX 300,000 $360M

New Positions

SymbolValue% Port
CYBR $230M 1.67%
NFLX $124M 0.90%
WDAY $67M 0.48%
PLYM $56M 0.41%
CDNS $53M 0.38%
FLY $51M 0.37%
VRNA $49M 0.35%
SMH $46M 0.33%
BNL $38M 0.28%
SATS $35M 0.25%
NSA $33M 0.24%
HPE $31M 0.22%
SOFI $30M 0.21%
NEOG $29M 0.21%
VNQ $27M 0.20%

Sold Out Positions

SymbolValue% Port
AME —%
ESTC —%
CCS —%
AVB —%
IBP —%
DIS —%
ARMK —%
ED —%
MC —%
CDE —%
WY —%
VOYG —%
CHMI —%
WH —%
DLR —%
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