Hudson Bay Capital Management LP Q3 2025 Filing

Filed November 13, 2025

Portfolio Value

$30.1T

Holdings

1,030

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (1,030 positions)

#StockSharesValue% PortfolioType
101
BACBANK AMERICA CORP
750,981$38.7B0.13%
102
TXNMTXNM ENERGY INC
684,996$38.7B0.13%
103
SNOWSNOWFLAKE INC
170,000$38.3B0.13%
104
FEFIRSTENERGY CORP
833,137$38.2B0.13%
105
ORCLORACLE CORP
135,514$38.1B0.13%Call
106
BNLBROADSTONE NET LEASE INC
2,126,373$38.0B0.13%
107
NVONOVO-NORDISK A S
680,806$37.8B0.13%Put
108
TEAMATLASSIAN CORPORATION
235,835$37.7B0.13%
109
VISNCOMMSCOPE HLDG CO INC
2,428,389$37.6B0.12%
110
BMRNBIOMARIN PHARMACEUTICAL INC
693,894$37.6B0.12%
111
CUBECUBESMART
923,539$37.6B0.12%
112
BIIBBIOGEN INC
253,151$35.5B0.12%
113
LNTALLIANT ENERGY CORP
526,054$35.5B0.12%
114
EGPEASTGROUP PPTYS INC
207,372$35.1B0.12%
115
AHRAMERICAN HEALTHCARE REIT INC
820,223$34.5B0.11%
116
AZNASTRAZENECA PLC
444,874$34.1B0.11%
117
ISIIONIS PHARMACEUTICALS INC
515,000$33.7B0.11%
118
ROKUROKU INC
331,614$33.2B0.11%
119
NSANATIONAL STORAGE AFFILIATES
1,094,696$33.1B0.11%
120
LPLALPL FINL HLDGS INC
99,118$33.0B0.11%
121
ARKKARK ETF TR
376,366$32.5B0.11%Put
122
HDHOME DEPOT INC
79,713$32.3B0.11%
123
BHCBAUSCH HEALTH COS INC
5,000,000$32.3B0.11%
124
ETNBGBP89BIO INC
2,172,000$31.9B0.11%
125
PENNPENN ENTERTAINMENT INC
1,644,688$31.7B0.11%
126
ETRENTERGY CORP NEW
330,595$30.8B0.10%
127
MTN 0 01/01/26VAIL RESORTS INC
30,236,000$29.9B0.10%
128
BABAALIBABA GROUP HLDG LTD
166,675$29.8B0.10%Call
129
RBRKRUBRIK INC.
359,000$29.5B0.10%
130
TDSTELEPHONE & DATA SYS INC
750,000$29.4B0.10%
131
VENVENTAS INC
419,484$29.4B0.10%
132
SLNOSOLENO THERAPEUTICS INC
432,362$29.2B0.10%Put
133
ISRGINTUITIVE SURGICAL INC
65,132$29.1B0.10%
134
AEEAMEREN CORP
277,952$29.0B0.10%
135
LQDALIQUIDIA CORPORATION
1,273,780$29.0B0.10%Put
136
PDMPIEDMONT REALTY TRUST INC
3,215,339$28.9B0.10%
137
DAY 0.25 03/15/26DAYFORCE INC
29,204,000$28.6B0.10%
138
NEOGNEOGEN CORP
5,000,000$28.6B0.09%
139
KDPKEURIG DR PEPPER INC
1,114,713$28.4B0.09%Call
14015,000,000$28.4B0.09%
141
QCOMQUALCOMM INC
165,328$27.5B0.09%
142
VNQVANGUARD INDEX FDS
300,000$27.4B0.09%
143
HTZHERTZ GLOBAL HLDGS INC
4,000,004$27.2B0.09%Call
144
MTDMETTLER TOLEDO INTERNATIONAL
22,121$27.2B0.09%
145
NNNNNN REIT INC
600,985$25.6B0.09%
146
SPOTSPOTIFY TECHNOLOGY S A
36,531$25.5B0.08%
147
OHIOMEGA HEALTHCARE INVS INC
594,808$25.1B0.08%
148
YUMYUM BRANDS INC
163,069$24.8B0.08%
149
SCHWSCHWAB CHARLES CORP
256,262$24.5B0.08%
150
ADIANALOG DEVICES INC
99,569$24.5B0.08%
151
CMICUMMINS INC
57,803$24.4B0.08%Call
152
NDAQNASDAQ INC
275,664$24.4B0.08%
153
UNPUNION PAC CORP
102,289$24.2B0.08%
154
PEPPEPSICO INC
171,890$24.1B0.08%
155
IVTINVENTRUST PPTYS CORP
823,924$23.6B0.08%
156
LRCXLAM RESEARCH CORP
174,700$23.4B0.08%
157
SYYSYSCO CORP
283,506$23.3B0.08%
158
TAT&T INC
804,960$22.7B0.08%
159
BYDBOYD GAMING CORP
261,423$22.6B0.08%
160
EQREQUITY RESIDENTIAL
349,010$22.6B0.08%
161
MCDMCDONALDS CORP
72,724$22.1B0.07%
162
CSXCSX CORP
608,487$21.6B0.07%
163
CITHE CIGNA GROUP
74,449$21.5B0.07%
164
TTWOTAKE-TWO INTERACTIVE SOFTWAR
81,569$21.1B0.07%
165
SRRKSCHOLAR ROCK HLDG CORP
560,800$20.9B0.07%Put
166
AIGAMERICAN INTL GROUP INC
264,619$20.8B0.07%
167
SNPSSYNOPSYS INC
42,105$20.8B0.07%
168
VSTVISTRA CORP
105,264$20.6B0.07%Put
169
OGEOGE ENERGY CORP
441,956$20.4B0.07%
170
ETHEGRAYSCALE ETHEREUM TRUST ETF
594,306$20.4B0.07%Call
171
BNTXBIONTECH SE
205,004$20.2B0.07%
172
FRFIRST INDL RLTY TR INC
391,911$20.2B0.07%
173
FYBRFRONTIER COMMUNICATIONS PARE
538,934$20.1B0.07%
174
EPRTESSENTIAL PPTYS RLTY TR INC
671,913$20.0B0.07%
175
ICLRICON PLC
114,000$19.9B0.07%
176
MARMARRIOTT INTL INC NEW
76,046$19.8B0.07%
177
RACRITHM ACQUISITION CORP
1,925,000$19.7B0.07%
178
DMIIDRUGS MADE IN AMER ACQ II CO
1,969,030$19.6B0.07%
179
8CWCROWN CASTLE INC
202,132$19.5B0.06%Put
180
WATWATERS CORP
65,004$19.5B0.06%
181
MSTR 8 PERPSTRATEGY INC
212,231$19.4B0.06%
182
HPPHUDSON PAC PPTYS INC
6,987,635$19.3B0.06%
183
BMYBRISTOL-MYERS SQUIBB CO
424,001$19.1B0.06%Put
184
HHYATT HOTELS CORP
134,209$19.0B0.06%
185
REGNREGENERON PHARMACEUTICALS
33,791$19.0B0.06%
186
CVNACARVANA CO
49,688$18.7B0.06%
187
ACHRARCHER AVIATION INC
1,948,333$18.7B0.06%
188
PNCPNC FINL SVCS GROUP INC
92,816$18.6B0.06%
189
WABWABTEC
92,905$18.6B0.06%
190
IPCXINFLECTION PT ACQUISITION CO
1,833,042$18.5B0.06%
191
RIVN 3.625 10/15/30RIVIAN AUTOMOTIVE INC
20,000,000$18.5B0.06%
192
LQDISHARES TR
165,000$18.4B0.06%
193
YCYAA MISSION ACQUISITION CORP
1,717,230$18.1B0.06%
194
TASKTASKUS INC
996,979$17.8B0.06%
195
VRTXVERTEX PHARMACEUTICALS INC
45,315$17.7B0.06%
196
S9QSPIRIT AEROSYSTEMS HLDGS INC
443,991$17.1B0.06%
197
MTSRMETSERA INC
323,836$16.9B0.06%
198
CLSCELESTICA INC
68,644$16.9B0.06%
199
MMM3M CO
106,125$16.5B0.05%
200
CTLPCANTALOUPE INC
1,554,659$16.4B0.05%
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