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Asset Manager ← All Institutions

Hudson Bay Capital Management LP

Q4 2025 · Filed 2026-02-13
Market Value
$15.4B
+11.9%
Holdings
1,121
+49
New Purchases
304
Added To
221
Closed
317
Reduced
216
Top 10 Concentration
34.0%
Turnover
55.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PLTR 2.94% 0.37% +2.57% $454M
MSFT 2.62% 0.26% +2.36% $404M
GOOGL 2.03% 0.21% +1.83% $314M
NFLX 2.28% 0.90% +1.38% $352M
AVGO 1.22% 0.03% +1.19% $188M
VRT 1.01% 0.00% +1.01% $156M
AMD 3.26% 2.26% +1.00% $503M
SHOP 0.97% 0.07% +0.89% $149M
DIS 0.83% 0.00% +0.83% $128M
ISRG 1.04% 0.21% +0.83% $160M
BA 0.99% 0.24% +0.74% $152M
HON 0.80% 0.06% +0.74% $124M
EXAS 0.73% 0.00% +0.73% $113M
WMT 0.81% 0.14% +0.67% $125M
ADBE 0.66% 0.00% +0.65% $101M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AMZN 3.90% 7.09% -3.18% $603M
NVDA 6.75% 8.06% -1.31% $1.0B
SPY 0.58% 1.87% -1.29% $90M
TSM 0.42% 1.46% -1.04% $65M
MSTR 0.09% 1.07% -0.98% $14M
IBIT 0.37% 1.13% -0.77% $57M
K 0.00% 0.73% -0.73% $0
EA 0.53% 1.15% -0.63% $81M
UNH 0.00% 0.63% -0.63% $0
DASH 0.32% 0.90% -0.58% $50M
MRUS 0.00% 0.51% -0.51% $0
SLB 0.00% 0.50% -0.50% $0
WDAY 0.00% 0.48% -0.48% $0
SLG 0.15% 0.63% -0.48% $23M
TSLA 5.28% 5.71% -0.43% $815M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 57 $6.6B 43.0%
Large Cap 419 $5.6B 36.2%
Mid Cap 276 $2.3B 15.1%
Small Cap 194 $677M 4.4%
Micro Cap 175 $211M 1.4%

Portfolio Analytics

Avg Market Cap
$69.0B
Median Market Cap
$6.5B
Avg P/E
37.6
Median P/E
24.9
Avg Dividend Yield
0.01%
Avg Beta
1.07
# Stocks
1,092
# ETFs / Funds
29

Top Holdings (1,121 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 6.75% 5,587,227 $1.0B $186.50 -$70M -370,728 -6.2%
2 TSLA 5.28% 1,812,516 $815M $449.72 $28M +41,541 +2.4%
3 AMZN 3.90% 2,610,777 $603M $230.82 -$375M -1,840,368 -41.4%
4 AMD 3.26% 2,350,000 $503M $214.16 $192M +423,844 +22.0%
5 PLTR 2.94% 2,555,000 $454M $177.75 $403M +2,274,618 +811.3%
6 FLG 2.83% 34,689,439 $437M $12.59 $36M
7 MSFT 2.62% 834,970 $404M $483.62 $368M +765,630 +1104.2%
8 NFLX 2.28% 3,750,810 $352M $93.76 $228M +3,647,761 +3539.8%
9 AAPL 2.10% 1,191,454 $324M $271.86 $67M +180,863 +17.9%
10 GOOGL 2.03% 1,002,946 $314M $313.00 $285M +885,845 +756.5%
11 BRK-B 1.97% 605,266 $304M $502.65 $11M +21,851 +3.8%
12 CYBR 1.50% 519,790 $232M $446.06 $2M +43,160 +9.1%
13 AVGO 1.22% 544,562 $188M $346.10 $184M +532,436 +4390.9%
14 COST 1.12% 200,000 $172M $862.34 $54M +71,955 +56.2%
15 ISRG 1.04% 282,500 $160M $566.36 $131M +217,368 +333.7%
16 BP 1.01% 4,500,000 $156M $34.73 $698K -15,000 -0.3%
17 VRT 1.01% 964,604 $156M $162.01 +964,604 NEW
18 BA 0.99% 701,528 $152M $217.12 $119M +546,328 +352.0%
19 META 0.97% 227,028 $150M $660.09 $100M +158,479 +231.2%
20 SHOP 0.97% 925,697 $149M $160.97 $139M +858,862 +1285.0%
21 DIS 0.83% 1,126,894 $128M $113.77 +1,126,894 NEW
22 WMT 0.81% 1,118,872 $125M $111.41 $105M +930,789 +494.9%
23 HON 0.80% 635,078 $124M $195.09 $115M +592,692 +1398.3%
24 DLTR 0.79% 989,000 $122M $123.01 -$44M -767,376 -43.7%
25 EXAS 0.73% 1,115,996 $113M $101.56 +1,115,996 NEW
26 ANET 0.67% 786,516 $103M $131.03 $2M +93,089 +13.4%
27 ADBE 0.66% 290,000 $101M $349.99 $101M +288,819 +24455.5%
28 TMUS 0.65% 495,186 $101M $203.04 -$11M +28,574 +6.1%
29 NSC 0.63% 335,320 $97M $288.72 $51M +183,857 +121.4%
30 SNPS 0.61% 202,001 $95M $469.72 $74M +159,896 +379.8%
31 SPY 0.58% 132,184 $90M $681.92 -$168M -254,816 -65.8%
32 EA 0.53% 397,500 $81M $204.33 -$78M -390,549 -49.6%
33 JHG 0.52% 1,678,802 $80M $47.57 +1,678,802 NEW
34 CDNS 0.51% 250,000 $78M $312.58 $25M +99,633 +66.3%
35 VRTX 0.48% 164,518 $75M $453.36 $57M +119,203 +263.1%
36 GOOG 0.48% 233,860 $73M $313.80 -$31M -196,258 -45.6%
37 AHR 0.47% 1,541,333 $73M $47.06 $38M +721,110 +87.9%
38 NOW 0.46% 465,000 $71M $153.19 $56M +448,946 +2796.5%
39 PYPL 0.45% 1,197,000 $70M $58.38 $69M +1,185,020 +9891.6%
40 NTST 0.45% 3,956,426 $70M $17.64 $1M +161,787 +4.3%
41 CNC 0.43% 1,625,000 $67M $41.15 $62M +1,484,849 +1059.5%
42 TSM 0.42% 213,473 $65M $303.89 -$136M -507,458 -70.4%
43 GTLS 0.42% 311,071 $64M $206.23 -$2M -19,289 -5.8%
44 BTU 0.41% 2,122,662 $63M $29.70 -$1M -299,604 -12.4%
45 BMNR 0.38% 2,144,700 $58M $27.15 +2,144,700 NEW
46 IBIT 0.37% 1,140,535 $57M $49.65 -$100M -1,266,043 -52.6%
47 CMG 0.37% 1,526,289 $56M $37.00 $109K +88,083 +6.1%
48 EW 0.37% 661,600 $56M $85.25 -$16M -271,120 -29.1%
49 NNN 0.36% 1,415,961 $56M $39.63 $31M +814,976 +135.6%
50 IWM 0.36% 225,000 $55M $246.16 $45M +180,334 +403.7%
51 VNO 0.35% 1,636,290 $54M $33.28 -$41M -722,026 -30.6%
52 COF 0.35% 219,826 $53M $242.36 $7M +428 +0.2%
53 GS 0.34% 60,500 $53M $879.00 $51M +57,787 +2130.0%
54 MNST 0.33% 664,840 $51M $76.67 $9M +39,806 +6.4%
55 BAC 0.33% 916,689 $50M $55.00 $12M +165,708 +22.1%
56 INTC 0.32% 1,355,913 $50M $36.90 $37M +957,895 +240.7%
57 LIN 0.32% 117,286 $50M $426.39 $49M +115,568 +6726.9%
58 AZO 0.32% 14,676 $50M $3,391.50 -$8M +1,142 +8.4%
59 DASH 0.32% 219,000 $50M $226.48 -$74M -236,329 -51.9%
60 TXNM 0.31% 808,116 $48M $58.88 $9M +123,120 +18.0%
61 CUZ 0.30% 1,819,547 $47M $25.78 -$49M -1,496,099 -45.1%
62 UAL 0.30% 419,169 $47M $111.82 $6M -6,454 -1.5%
63 XEL 0.30% 626,292 $46M $73.86 $5M +112,788 +22.0%
64 BSX 0.30% 484,000 $46M $95.35 -$1M -1,906 -0.4%
65 SRE 0.30% 516,442 $46M $88.29 $3M +38,917 +8.2%
66 NEOG 0.29% 6,500,000 $45M $6.99 $17M +1,500,000 +30.0%
67 XLF 0.29% 825,000 $45M $54.77 -$3M -75,000 -8.3%
68 NBIX 0.28% 305,000 $43M $141.83 $38M +264,490 +652.9%
69 ABNB 0.27% 307,000 $42M $135.72 -$20M -201,574 -39.6%
70 C 0.27% 352,246 $41M $116.69 -$4M -92,753 -20.8%
71 FE 0.26% 913,137 $41M $44.77 $3M +80,000 +9.6%
72 COMM 0.26% 2,237,746 $41M $18.13 $3M -190,643 -7.8%
73 UDR 0.26% 1,100,339 $40M $36.68 $26M +710,495 +182.2%
74 BMRN 0.26% 670,002 $40M $59.43 $2M -23,892 -3.4%
75 CRCL 0.26% 500,000 $40M $79.30 $40M +499,004 +50100.8%
76 FLY 0.26% 1,787,904 $39M $22.07 -$11M -23,907 -1.3%
77 BIIB 0.25% 221,860 $39M $175.99 $4M -31,291 -12.4%
78 HOOD 0.25% 344,978 $39M $113.10 -$23M -91,126 -20.9%
79 ETR 0.25% 421,663 $39M $92.43 $8M +91,068 +27.6%
80 AKR 0.25% 1,888,022 $39M $20.54 -$563K -64,491 -3.3%
81 MS 0.25% 216,874 $39M $177.53 $25M +134,408 +163.0%
82 IONS 0.24% 475,000 $38M $79.11 $4M -40,000 -7.8%
83 FR 0.24% 652,741 $37M $57.27 $17M +260,830 +66.5%
84 HOLX 0.24% 490,000 $37M $74.49 +490,000 NEW
85 BNTX 0.23% 375,000 $36M $95.20 $15M +169,996 +82.9%
86 CAT 0.23% 61,500 $35M $572.87 $34M +59,112 +2475.4%
87 MAA 0.23% 253,231 $35M $138.91 +253,231 NEW
88 ROKU 0.23% 323,326 $35M $108.49 $2M -8,288 -2.5%
89 BHC 0.23% 5,000,000 $35M $6.95 $2M
90 LNT 0.22% 531,559 $35M $65.01 -$905K +5,505 +1.1%
91 CTRE 0.22% 952,641 $34M $36.16 -$25M -757,887 -44.3%
92 QRVO 0.22% 402,372 $34M $84.51 $34M +398,315 +9818.0%
93 ALNY 0.22% 85,000 $34M $397.65 $30M +75,589 +803.2%
94 TEAM 0.22% 206,000 $33M $162.14 -$4M -29,835 -12.7%
95 XOM 0.21% 272,979 $33M $120.34 $27M +220,993 +425.1%
96 NSA 0.21% 1,154,705 $33M $28.21 -$507K +60,009 +5.5%
97 NWE 0.21% 499,509 $32M $64.54 +499,509 NEW
98 CAR 0.21% 250,000 $32M $128.32 +250,000 NEW
99 EGP 0.21% 178,716 $32M $178.14 -$3M -28,656 -13.8%
100 TDS 0.20% 750,000 $31M $41.00 $1M

Options Breakdown

123 Calls $1.5B Call Value 130 Puts $11.4B Put Value 7.64 P/C Ratio

Top Calls

SymbolSharesValueStatus
TSLA 1,244,000 $559M
HOOD 1,350,000 $153M
COIN 390,400 $88M
AMD 400,000 $86M NEW
YNDX 900,000 $75M NEW
MSFT 112,000 $54M
NVDA 284,500 $53M
MSTR 340,000 $52M
C 350,000 $41M NEW
WMT 300,000 $33M

Top Puts

SymbolSharesValueStatus
TSLA 3,020,000 $1.4B
NVDA 5,986,900 $1.1B
AMZN 2,952,000 $681M
AMD 2,750,000 $589M
IWM 2,249,000 $554M
SPY 705,800 $481M
PLTR 2,697,500 $479M
MSFT 924,000 $447M NEW
NFLX 3,850,000 $361M
BRK-B 690,000 $347M

New Positions

SymbolValue% Port
VRT $156M 1.01%
DIS $128M 0.83%
EXAS $113M 0.73%
JHG $80M 0.52%
BMNR $58M 0.38%
HOLX $37M 0.24%
MAA $35M 0.23%
NWE $32M 0.21%
CAR $32M 0.21%
CFLT $30M 0.20%
PPL $30M 0.19%
MA $29M 0.18%
NVRI $27M 0.17%
FXI $26M 0.17%
ACLX $26M 0.17%

Sold Out Positions

SymbolValue% Port
CPA —%
AMP —%
CB —%
CVX —%
ARES —%
DECK —%
FLR —%
ALL —%
CVS —%
HPE —%
BMY —%
NEE —%
AMT —%
CNR —%
PSX —%
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