Fund Holdings

Hudson Bay Capital Management LP

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
ISHARES TR(Put)1,314,7003,600,000+2,285,300283,699,113871,056,000+587,356,887
AMAZON COM INC(AMZN)2,150,0354,451,145+2,301,110471,696,179977,337,9085.94%+505,641,729
APPLE INC(AAPL)(Put)460,1001,850,000+1,389,90094,398,717471,065,500+376,666,783
AMAZON COM INC(AMZN)(Put)3,075,5004,370,000+1,294,500674,733,945959,520,900+284,786,955
ISHARES BITCOIN TRUST ETF(IBIT)(Put)1,650,0005,538,300+3,888,300100,996,500359,989,500+258,993,000
APPLE INC(AAPL)70,1721,010,591+940,41914,397,189257,326,7861.56%+242,929,597
CYBERARK SOFTWARE LTD0476,630+476,6300230,283,7851.40%+230,283,785
TESLA INC(TSLA)1,813,6311,770,975-42,656576,118,023787,588,0024.79%+211,469,979
APPLE INC(AAPL)(Call)95,500880,000+784,50019,593,735224,074,400+204,480,665
TAIWAN SEMICONDUCTOR MFG LTD(TSM)60,321720,931+660,61013,662,103201,348,8191.22%+187,686,716
ISHARES TR(Put)4,800,0007,000,000+2,200,000387,120,000568,330,000+181,210,000
SPDR S&P 500 ETF TR(SPY)131,499387,000+255,50181,246,657257,811,6601.57%+176,565,003
TAIWAN SEMICONDUCTOR MFG LTD(TSM)(Put)0622,500+622,5000173,858,025+173,858,025
NVIDIA CORPORATION(NVDA)(Call)500,7001,334,600+833,90079,105,593249,009,668+169,904,075
VANECK ETF TRUST(Put)215,000658,200+443,20059,959,200214,810,152+154,850,952
ELECTRONIC ARTS INC(EA)34,214788,049+753,8355,463,976158,949,4830.97%+153,485,507
ECHOSTAR CORP(ECHO)00024,315,238173,346,0481.05%+149,030,810
STRATEGY INC(MSTR)(Call)25,400420,200+394,80010,267,442135,392,642+125,125,200
ALIBABA GROUP HLDG LTD(BABA)00051,048,500174,668,9891.06%+123,620,489
NETFLIX INC(NFLX)0103,049+103,0490123,547,5070.75%+123,547,507
SOUTHERN CO(SO)000193,598,327314,746,1801.91%+121,147,853
WORKDAY INC(WDAY)(Put)0500,000+500,0000120,365,000+120,365,000
UNITI GROUP LLC(UNIT)0000116,880,8250.71%+116,880,825
ROBINHOOD MKTS INC(HOOD)(Call)1,684,4001,889,300+204,900157,710,372270,509,974+112,799,602
COSTCO WHSL CORP NEW(COST)6,752128,045+121,2936,684,075118,522,2930.72%+111,838,218
T-MOBILE US INC(TMUS)30,318466,612+436,2947,223,567111,697,5800.68%+104,474,013
ISHARES BITCOIN TRUST ETF(IBIT)948,8212,406,578+1,457,75758,077,333156,427,5700.95%+98,350,237
NVIDIA CORPORATION(NVDA)(Put)7,765,5007,100,100-665,4001,226,871,3451,324,736,658+97,865,313
T-MOBILE US INC(TMUS)(Put)27,800400,000+372,2006,623,62895,752,000+89,128,372
ROBINHOOD MKTS INC(HOOD)(Put)1,560,0001,600,000+40,000146,062,800229,088,000+83,025,200
VANECK ETF TRUST(Call)40,000285,800+245,80011,155,20093,273,688+82,118,488
KELLANOVA325,0001,219,143+894,14325,847,25099,994,1090.61%+74,146,859
ELI LILLY & CO(LLY)(Call)2,80095,000+92,2002,182,68472,485,000+70,302,316
ALPHABET INC(GOOG)(Put)0284,000+284,000069,168,200+69,168,200
DOORDASH INC(DASH)(Put)200,000435,000+235,00049,302,000118,315,650+69,013,650
MERUS N V14,551740,394+725,843765,38369,708,0950.42%+68,942,712
SCHLUMBERGER LTD(SLB)(Put)02,000,000+2,000,000068,740,000+68,740,000
WORKDAY INC(WDAY)0276,648+276,648066,597,4730.40%+66,597,473
CHART INDS INC(GTLS)6,960330,360+323,4001,145,96466,121,5540.40%+64,975,590
ALPHABET INC(GOOG)226,251430,118+203,86740,134,665104,755,2380.64%+64,620,573
COSTCO WHSL CORP NEW(COST)(Put)9,10075,000+65,9009,008,45469,422,250+60,413,796
SCHLUMBERGER LTD(SLB)346,5552,007,420+1,660,86511,713,55968,995,0250.42%+57,281,466
WORKDAY INC(WDAY)(Call)0235,000+235,000056,571,550+56,571,550
PLYMOUTH INDL REIT INC02,525,651+2,525,651056,397,7870.34%+56,397,787
SL GREEN RLTY CORP(SLG)503,3331,460,373+957,04031,156,31387,344,9090.53%+56,188,596
CARETRUST REIT INC(CTRE)179,5341,710,528+1,530,9945,493,74059,321,1110.36%+53,827,371
CADENCE DESIGN SYSTEM INC(CDNS)0150,367+150,367052,817,9120.32%+52,817,912
NETFLIX INC(NFLX)(Put)230,000300,000+70,000307,999,900359,676,000+51,676,100
CADENCE DESIGN SYSTEM INC(CDNS)(Put)4,900150,000+145,1001,509,93552,689,000+51,179,065
FIREFLY AEROSPACE INC(FLY)01,811,811+1,811,811050,711,4890.31%+50,711,489
VERONA PHARMA PLC0455,334+455,334048,588,6910.30%+48,588,691
MAPLEBEAR INC(CART)(Call)150,0001,467,500+1,317,5006,786,00053,945,300+47,159,300
META PLATFORMS INC(META)5,47568,549+63,0744,041,04350,341,0150.31%+46,299,972
MR COOPER GROUP INC28,459237,489+209,0304,246,36750,060,3070.30%+45,813,940
VANECK ETF TRUST0140,342+140,342045,802,0150.28%+45,802,015
PALANTIR TECHNOLOGIES INC(PLTR)40,205280,382+240,1775,480,74651,147,2840.31%+45,666,538
GILEAD SCIENCES INC(GILD)(Call)9,300415,000+405,7001,031,09146,065,000+45,033,909
CITIGROUP INC(C)4,365444,999+440,634371,54945,167,3990.27%+44,795,850
SPDR SERIES TRUST(Put)0336,600+336,600044,498,520+44,498,520
EXXON MOBIL CORP(Call)15,200405,000+389,8001,638,56045,663,750+44,025,190
ALPHABET INC(GOOG)(Call)50,000215,000+165,0008,811,50052,266,500+43,455,000
INTERDIGITAL INC(IDCC)00080,238,125123,122,7710.75%+42,884,646
ISHARES TR(Put)01,000,000+1,000,000041,140,000+41,140,000
CIRCLE INTERNET GROUP INC(CRCL)(Put)30,000350,000+320,0005,438,70046,403,000+40,964,300
SOFI TECHNOLOGIES INC(SOFI)(Put)01,500,000+1,500,000039,630,000+39,630,000
PEABODY ENERGY CORP(BTU)1,876,2482,422,266+546,01825,179,24864,238,4950.39%+39,059,247
VORNADO RLTY TR(VNO)1,489,1192,358,316+869,19756,943,91195,582,5470.58%+38,638,636
SNOWFLAKE INC(SNOW)0170,000+170,000038,343,5000.23%+38,343,500
BROADSTONE NET LEASE INC(BNL)02,126,373+2,126,373037,998,2860.23%+37,998,286
KELLANOVA(Put)0450,000+450,000036,909,000+36,909,000
EXXON MOBIL CORP(Put)87,600405,000+317,4009,443,28045,663,750+36,220,470
NORFOLK SOUTHN CORP(NSC)36,390151,463+115,0739,314,74845,501,0000.28%+36,186,252
ECHOSTAR CORP(ECHO)0456,925+456,925034,890,7930.21%+34,890,793
NATIONAL STORAGE AFFILIATES(NSA)01,094,696+1,094,696033,081,7130.20%+33,081,713
FLAGSTAR FINANCIAL INC(FLG)34,689,43934,689,4390367,708,053400,663,0202.44%+32,954,967
CAPITAL ONE FINL CORP(COF)(Call)0151,600+151,600032,227,128+32,227,128
HEWLETT PACKARD ENTERPRISE C(HPE)01,242,399+1,242,399030,513,3190.19%+30,513,319
LOCKHEED MARTIN CORP(LMT)14,76373,243+58,4806,837,33636,563,6380.22%+29,726,302
89BIO INC225,7002,172,000+1,946,3002,216,37431,928,4000.19%+29,712,026
LOCKHEED MARTIN CORP(LMT)(Put)5,70064,500+58,8002,639,89832,199,045+29,559,147
SOFI TECHNOLOGIES INC(SOFI)01,116,890+1,116,890029,508,2340.18%+29,508,234
COMMSCOPE HLDG CO INC(VISN)1,000,0002,428,389+1,428,3898,280,00037,591,4620.23%+29,311,462
XCEL ENERGY INC(XEL)186,991513,504+326,51312,734,08741,414,0980.25%+28,680,011
NEOGEN CORP(NEOG)05,000,000+5,000,000028,550,0000.17%+28,550,000
ARISTA NETWORKS INC(ANET)708,873693,427-15,44672,524,797101,039,2480.61%+28,514,451
STRATEGY INC(MSTR)000028,416,1790.17%+28,416,179
WEC ENERGY GROUP INC(WEC)121,508355,711+234,20312,661,13440,760,9240.25%+28,099,790
CISCO SYS INC(CSCO)(Call)155,400565,000+409,60010,781,65238,657,300+27,875,648
VANGUARD INDEX FDS0300,000+300,000027,426,0000.17%+27,426,000
MICROSOFT CORP(MSFT)(Call)052,500+52,500027,192,375+27,192,375
CISCO SYS INC(CSCO)(Put)179,100570,000+390,90012,425,95838,999,400+26,573,442
WALMART INC(WMT)(Call)25,000280,000+255,0002,444,50028,856,800+26,412,300
ARK ETF TR(Put)0300,000+300,000025,890,000+25,890,000
SEMPRA(SRE)228,211477,525+249,31417,291,54742,967,7000.26%+25,676,153
NNN REIT INC(NNN)0600,985+600,985025,583,9310.16%+25,583,931
DEXCOM INC(DXCM)000232,007,079257,311,4731.56%+25,304,394
PG&E CORP(PCG)000182,928,945208,159,5831.27%+25,230,638
QUALCOMM INC(QCOM)14,568165,328+150,7602,320,10027,503,9660.17%+25,183,866
KEURIG DR PEPPER INC(KDP)(Call)17,8001,000,000+982,200588,46825,510,000+24,921,532
YUM BRANDS INC(YUM)0163,069+163,069024,786,4880.15%+24,786,488
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