Hudson Bay Capital Management LP
13F Reported Value
ⓘ$36.8B
incl. option notional
Equity Holdings
ⓘ$21.3B
Option Notional
ⓘ$15.5B
$14.2B puts / $1.3B calls
Holdings
1,335
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Hudson Bay Capital Management LP disclosed 1,335 positions worth $36.8B in its Form 13F-HR for Q2 2026 — $21.3B in common stock plus $15.5B of put/call option positions (reported at underlying notional value, not premium at risk), led by $TSLA (Tesla, Inc.) puts, followed by $AMZN and $AMZN. During the quarter the fund opened 467 new positions and exited 506 — including a new stake in $SNDK and a full exit from $MU. The portfolio is most concentrated in Technology (36.1% of disclosed assets). All figures are sourced directly from Hudson Bay Capital Management LP’s Form 13F-HR filing with the SEC under CIK 1393825.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 53.9#1,361
Quality
$1.2B2,818,600 sh - 68.7#300
Quality
$1.1B4,747,000 sh - 68.7#300
Quality
$981.8M4,119,525 sh - 85.9
Quality
$942.0M4,707,700 sh ISHARES TR - RUSSELL 2000 ETF PUT
—Quality
$935.2M3,112,500 sh- $931.3M1,950,000 sh
- $923.2M1,933,095 sh
- 53.9
Quality
$863.5M2,053,052 sh - 79.8
Quality
$819.7M1,411,100 sh - 85.9
Quality
$785.8M3,927,100 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Tesla, Inc.$TSLAPUT | 53.9#1,361 | $1.2B | 2,818,600 |
 AMAZON COM INC$AMZNPUT | 68.7#300 | $1.1B | 4,747,000 |
| AMAZON COM INC$AMZN | 68.7#300 | $981.8M | 4,119,525 |
 NVIDIA CORP$NVDAPUT | 85.9 | $942.0M | 4,707,700 |
| ISHARES TR - RUSSELL 2000 ETF PUT | — | $935.2M | 3,112,500 |
 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$TSMPUT | — | $931.3M | 1,950,000 |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$TSM | — | $923.2M | 1,933,095 |
| Tesla, Inc.$TSLA | 53.9 | $863.5M | 2,053,052 |
 ADVANCED MICRO DEVICES INC$AMDPUT | 79.8 | $819.7M | 1,411,100 |
| NVIDIA CORP$NVDA | 85.9 | $785.8M | 3,927,100 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Hudson Bay Capital Management LP's 1,335 positions.
Showing top 10 of 1,335 holdings.
Sector Allocation
Technology
$7.7B
Financials
$2.7B
Industrials
$2.3B
Healthcare
$1.8B
Consumer Discretionary
$1.8B
Communication Services
$1.3B
Utilities
$1.2B
Other
$963.9M
Top Holdings — Hudson Bay Capital Management LP (Q2 2026)
Top 150 of 1,335 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $TSLAPUT | Tesla, Inc. | $1.2B | — | +10% | 53.9 |
| 2 | $AMZNPUT | AMAZON COM INC | $1.1B | — | +10% | 68.7 |
| 3 | $AMZN | AMAZON COM INC | $981.8M | 4.6% | +40% | 68.7 |
| 4 | $NVDAPUT | NVIDIA CORP | $942.0M | — | -32% | 85.9 |
| 5 | — | ISHARES TR - RUSSELL 2000 ETF | $935.2M | — | -12% | — |
| 6 | $TSMPUT | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $931.3M | — | +191% | — |
| 7 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $923.2M | 4.3% | +170% | — |
| 8 | $TSLA | Tesla, Inc. | $863.5M | 4.0% | +8% | 53.9 |
| 9 | $AMDPUT | ADVANCED MICRO DEVICES INC | $819.7M | — | -41% | 79.8 |
| 10 | $NVDA | NVIDIA CORP | $785.8M | 3.7% | -25% | 85.9 |
| 11 |  $PLTRPUT | Palantir Technologies Inc. | $757.7M | — | +62% | 84.6 |
| 12 |  $SNDK | Sandisk Corp | $696.0M | 3.3% | NEW | 87.7 |
| 13 | $SNDKPUT | Sandisk Corp | $693.0M | — | NEW | 87.7 |
| 14 | $PLTR | Palantir Technologies Inc. | $658.3M | 3.1% | +108% | 84.6 |
| 15 |  $SPYPUT | SPDR S&P 500 ETF TRUST | $568.7M | — | -18% | — |
| 16 |  $GOOG | Alphabet Inc. | $559.0M | 2.6% | +400% | 78.2 |
| 17 | $GOOGPUT | Alphabet Inc. | $530.7M | — | +324% | 78.2 |
| 18 |  $ECHO | EchoStar CORP | $511.2M | 2.4% | +25% | 32.8 |
| 19 |  $BRK.BPUT | BERKSHIRE HATHAWAY INC | $459.7M | — | +15% | 73.8 |
| 20 | $BRK.B | BERKSHIRE HATHAWAY INC | $409.5M | 1.9% | +7% | 73.8 |
| 21 | $AMD | ADVANCED MICRO DEVICES INC | $398.4M | 1.9% | -58% | 79.8 |
| 22 |  $MSFT | MICROSOFT CORP | $388.5M | 1.8% | +43% | 79.8 |
| 23 | $MSFTPUT | MICROSOFT CORP | $374.9M | — | +39% | 79.8 |
| 24 |  $NFLXPUT | NETFLIX INC | $317.8M | — | -25% | 78.8 |
| 25 |  $QQQPUT | INVESCO QQQ TRUST, SERIES 1 | $308.7M | — | +738% | — |
| 26 |  $META | Meta Platforms, Inc. | $287.9M | 1.4% | +869% | 79.6 |
| 27 |  $PCG | PG&E Corp | $280.4M | 1.3% | +4% | 58.8 |
| 28 |  $INTC | INTEL CORP | $276.9M | 1.3% | +3% | 45.6 |
| 29 |  $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | $267.3M | 1.3% | NEW | — |
| 30 |  $DLTRPUT | DOLLAR TREE, INC. | $247.9M | — | +3% | 68 |
| 31 | $AMDCALL | ADVANCED MICRO DEVICES INC | $246.3M | — | +4% | 79.8 |
| 32 |  $GOOGLPUT | Alphabet Inc. | $226.1M | — | +611% | 78.2 |
| 33 |  $AAPLPUT | Apple Inc. | $221.1M | — | -65% | 76.4 |
| 34 |  $BABA | Alibaba Group Holding Ltd | $217.8M | 1.0% | -5% | — |
| 35 | $GOOGL | Alphabet Inc. | $207.9M | 1.0% | NEW | 78.2 |
| 36 |  $FE | FIRSTENERGY CORP | $206.6M | 1.0% | NEW | 61.5 |
| 37 | $NFLX | NETFLIX INC | $204.6M | 1.0% | -37% | 78.8 |
| 38 |  $SNPS | SYNOPSYS INC | $195.8M | 0.9% | +945% | 67.9 |
| 39 |  $VRTX | VERTEX PHARMACEUTICALS INC / MA | $193.9M | 0.9% | +768% | 75.4 |
| 40 |  $RIG | Transocean Ltd. | $185.8M | 0.9% | -8% | — |
| 41 |  $EA | ELECTRONIC ARTS INC. | $184.7M | 0.9% | +24% | 62.9 |
| 42 | $AAPL | Apple Inc. | $182.6M | 0.9% | -69% | 76.4 |
| 43 | $SNPSPUT | SYNOPSYS INC | $178.4M | — | NEW | 67.9 |
| 44 | $INTCPUT | INTEL CORP | $170.3M | — | -38% | 45.6 |
| 45 | $AAPLCALL | Apple Inc. | $168.6M | — | +106% | 76.4 |
| 46 | — | BOFA FIN LLC - MTNF 0.600% 5/2 | $164.3M | 0.8% | +0% | — |
| 47 | — | ISHARES TR - IBOXX HI YD ETF | $159.9M | — | -33% | — |
| 48 |  $UNHPUT | UNITEDHEALTH GROUP INC | $155.9M | — | -46% | 62.7 |
| 49 |  $WBDPUT | Warner Bros. Discovery, Inc. | $153.7M | — | +96% | 41.4 |
| 50 |  $NSC | NORFOLK SOUTHERN CORP | $153.0M | 0.7% | +18% | 63.2 |
| 51 | $DLTR | DOLLAR TREE, INC. | $152.6M | 0.7% | +12% | 68 |
| 52 | $WBD | Warner Bros. Discovery, Inc. | $149.0M | 0.7% | +17% | 41.4 |
| 53 |  $FLG | FLAGSTAR BANK, NATIONAL ASSOCIATION | $145.4M | 0.7% | -72% | 37.6 |
| 54 |  $ABT | ABBOTT LABORATORIES | $145.2M | 0.7% | +2033% | 65.5 |
| 55 |  $UNIT | Uniti Group Inc. | $140.9M | 0.7% | -0% | 71.7 |
| 56 |  $AALPUT | American Airlines Group Inc. | $139.0M | — | +0% | 53.4 |
| 57 |  $SHOPPUT | SHOPIFY INC. | $138.8M | — | +11% | 64.9 |
| 58 |  $ADBE | ADOBE INC. | $136.5M | 0.6% | +55% | 77.6 |
| 59 | $ABTPUT | ABBOTT LABORATORIES | $136.1M | — | NEW | 65.5 |
| 60 | $ADBEPUT | ADOBE INC. | $135.9M | — | +55% | 77.6 |
| 61 | — | VANECK ETF TRUST - SEMICONDUCTR ETF | $134.7M | — | +56% | — |
| 62 |  $V | VISA INC. | $134.2M | 0.6% | NEW | 82.9 |
| 63 |  $AKAM | AKAMAI TECHNOLOGIES INC | $132.9M | 0.6% | NEW | 59.5 |
| 64 |  $ISRG | INTUITIVE SURGICAL INC | $130.0M | 0.6% | +227% | 79.9 |
| 65 |  $BE | Bloom Energy Corp | $127.5M | 0.6% | +31% | 66.2 |
| 66 | $VRTXPUT | VERTEX PHARMACEUTICALS INC / MA | $124.2M | — | NEW | 75.4 |
| 67 |  $MCHP | MICROCHIP TECHNOLOGY INC | $122.6M | 0.6% | +3175% | 52.9 |
| 68 | $MCHPPUT | MICROCHIP TECHNOLOGY INC | $122.6M | — | NEW | 52.9 |
| 69 | $SHOP | SHOPIFY INC. | $121.7M | 0.6% | +12% | 64.9 |
| 70 |  $LLY | ELI LILLY & Co | $119.9M | 0.6% | +49% | 87.5 |
| 71 | $LLYPUT | ELI LILLY & Co | $119.9M | — | +233% | 87.5 |
| 72 |  $MRKPUT | Merck & Co., Inc. | $118.9M | — | +16% | 59.9 |
| 73 |  $BAPUT | BOEING CO | $118.3M | — | +74% | 61.6 |
| 74 |  $SMCI | Super Micro Computer, Inc. | $114.2M | 0.5% | NEW | 62 |
| 75 | $SPY | SPDR S&P 500 ETF TRUST | $106.8M | 0.5% | -44% | — |
| 76 |  $UBER | Uber Technologies, Inc | $106.5M | 0.5% | NEW | 73.5 |
| 77 |  $ANET | Arista Networks, Inc. | $105.9M | 0.5% | -21% | 81.9 |
| 78 | $UNH | UNITEDHEALTH GROUP INC | $105.7M | 0.5% | -64% | 62.7 |
| 79 |  $HDPUT | HOME DEPOT, INC. | $105.0M | — | NEW | 60.3 |
| 80 | $BEPUT | Bloom Energy Corp | $104.1M | — | +33% | 66.2 |
| 81 |  $AMGN | AMGEN INC | $101.8M | 0.5% | NEW | 79.2 |
| 82 | $AMGNPUT | AMGEN INC | $101.4M | — | NEW | 79.2 |
| 83 |  $ABBV | AbbVie Inc. | $101.3M | 0.5% | +1911% | 72.6 |
| 84 |  $AHR | American Healthcare REIT, Inc. | $99.4M | 0.5% | +59% | 54 |
| 85 | $ISRGPUT | INTUITIVE SURGICAL INC | $99.4M | — | NEW | 79.9 |
| 86 | $METAPUT | Meta Platforms, Inc. | $98.0M | — | +166% | 79.6 |
| 87 | $TSLACALL | Tesla, Inc. | $97.5M | — | -36% | 53.9 |
| 88 | $ABBVPUT | AbbVie Inc. | $95.6M | — | NEW | 72.6 |
| 89 |  $ITGR | Integer Holdings Corp | $93.5M | 0.4% | +0% | 55.9 |
| 90 |  $BTU | PEABODY ENERGY CORP | $89.8M | 0.4% | +73% | 36 |
| 91 | $SPCXPUT | SPACE EXPLORATION TECHNOLOGIES CORP | $85.9M | — | NEW | — |
| 92 | $HD | HOME DEPOT, INC. | $83.9M | 0.4% | +2019% | 60.3 |
| 93 | $NFLXCALL | NETFLIX INC | $81.2M | — | +107% | 78.8 |
| 94 |  $BAC | BANK OF AMERICA CORP /DE/ | $80.7M | 0.4% | +78% | 67.6 |
| 95 |  $EOSE | Eos Energy Enterprises, Inc. | $80.5M | 0.4% | NEW | 34.9 |
| 96 |  $MSTRPUT | Strategy Inc | $77.7M | — | +130% | 17.9 |
| 97 |  $PH | Parker-Hannifin Corp | $76.1M | 0.4% | +541% | 65.8 |
| 98 |  $BLK | BlackRock, Inc. | $74.7M | 0.3% | +392% | 70 |
| 99 |  $MS | MORGAN STANLEY | $74.3M | 0.3% | +104% | 75.8 |
| 100 |  $WMT | Walmart Inc. | $71.7M | 0.3% | +995% | 60.2 |
| 101 |  $WBS | WEBSTER FINANCIAL CORP | $69.7M | 0.3% | -24% | 63.3 |
| 102 | $UBERPUT | Uber Technologies, Inc | $69.4M | — | +261% | 73.5 |
| 103 | $NVDACALL | NVIDIA CORP | $65.8M | — | -73% | 85.9 |
| 104 |  $ETR | ENTERGY CORP /DE/ | $65.4M | 0.3% | +8% | 59.5 |
| 105 |  $NWE | NorthWestern Energy Group, Inc. | $64.7M | 0.3% | +44% | 46.9 |
| 106 |  $ROKU | ROKU, INC | $64.2M | 0.3% | +2882% | 66.7 |
| 107 |  $WFC | WELLS FARGO & COMPANY/MN | $64.2M | 0.3% | +18% | 61.8 |
| 108 |  $PEN | Penumbra Inc | $64.1M | 0.3% | -42% | 67.1 |
| 109 | — | ISHARES TR - ISHARES SEMICDTR | $64.1M | — | NEW | — |
| 110 |  $AEP | AMERICAN ELECTRIC POWER CO INC | $61.7M | 0.3% | +52% | 66.8 |
| 111 |  $COF | CAPITAL ONE FINANCIAL CORP | $60.9M | 0.3% | +16% | 62.4 |
| 112 |  $MNST | Monster Beverage Corp | $60.2M | 0.3% | +12% | 71.3 |
| 113 |  $CMG | CHIPOTLE MEXICAN GRILL INC | $59.2M | 0.3% | +33% | 65.1 |
| 114 |  $NEOG | NEOGEN CORP | $58.4M | 0.3% | -0% | 44.9 |
| 115 |  $UAL | United Airlines Holdings, Inc. | $57.9M | 0.3% | +7% | 60.8 |
| 116 |  $IBM | INTERNATIONAL BUSINESS MACHINES CORP | $56.2M | 0.3% | NEW | 70 |
| 117 |  $SUI | SUN COMMUNITIES INC | $55.6M | 0.3% | +202% | 62.8 |
| 118 |  $ABNB | Airbnb, Inc. | $52.8M | 0.3% | +20% | 71 |
| 119 |  $ASMLCALL | ASML HOLDING NV | $52.7M | — | NEW | — |
| 120 | $MSPUT | MORGAN STANLEY | $52.3M | — | NEW | 75.8 |
| 121 |  $NNN | NNN REIT, INC. | $51.3M | 0.2% | -1% | 63.1 |
| 122 | $UNHCALL | UNITEDHEALTH GROUP INC | $51.1M | — | NEW | 62.7 |
| 123 |  $TXNM | TXNM ENERGY INC | $50.4M | 0.2% | +12% | 52.8 |
| 124 |  $CORZ | Core Scientific, Inc./tx | $48.5M | 0.2% | +441% | 14.1 |
| 125 |  $BMRN | BIOMARIN PHARMACEUTICAL INC | $47.2M | 0.2% | -15% | 58.2 |
| 126 |  $UDR | UDR, Inc. | $47.1M | 0.2% | +50% | 62.6 |
| 127 | $ECHO | EchoStar CORP | $46.5M | 0.2% | +177% | 32.8 |
| 128 |  $ALNY | ALNYLAM PHARMACEUTICALS, INC. | $44.8M | 0.2% | +272% | 71.4 |
| 129 | — | SPDR SERIES TRUST - SP O&G EXPL PRO | $44.7M | — | +0% | — |
| 130 |  $KEEL | Keel Infrastructure Corp. | $44.2M | 0.2% | NEW | 17.9 |
| 131 | $CORZ | Core Scientific, Inc./tx | $43.3M | 0.2% | +45% | 14.1 |
| 132 |  $DLR | DIGITAL REALTY TRUST, INC. | $43.3M | 0.2% | NEW | 72.8 |
| 133 | $HDCALL | HOME DEPOT, INC. | $43.2M | — | NEW | 60.3 |
| 134 |  $AZO | AUTOZONE INC | $43.1M | 0.2% | +0% | 66.2 |
| 135 |  $NATL | NCR Atleos Corp | $43.1M | 0.2% | NEW | 51.5 |
| 136 |  $KVUE | Kenvue Inc. | $41.9M | 0.2% | -46% | 60.3 |
| 137 | $FE | FIRSTENERGY CORP | $40.6M | 0.2% | -19% | 61.5 |
| 138 |  $GLDPUT | SPDR GOLD TRUST | $40.5M | — | -73% | — |
| 139 | — | ISHARES INC - MSCI STH KOR ETF | $40.4M | — | NEW | — |
| 140 |  $FCPT | Four Corners Property Trust, Inc. | $40.1M | 0.2% | NEW | 61.6 |
| 141 | $FE | FIRSTENERGY CORP | $40.0M | 0.2% | NEW | 61.5 |
| 142 |  $PGCALL | PROCTER & GAMBLE Co | $40.0M | — | NEW | 64.6 |
| 143 | $PGPUT | PROCTER & GAMBLE Co | $40.0M | — | NEW | 64.6 |
| 144 |  $XEL | XCEL ENERGY INC | $39.5M | 0.2% | +4% | 56.4 |
| 145 |  $LPLA | LPL Financial Holdings Inc. | $38.9M | 0.2% | +2% | 72.1 |
| 146 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | $38.9M | 0.2% | +103% | — |
| 147 |  $CBRS | Cerebras Systems Inc. | $38.6M | 0.2% | NEW | — |
| 148 |  $AEE | AMEREN CORP | $38.6M | 0.2% | -9% | 59.4 |
| 149 |  $HWM | Howmet Aerospace Inc. | $38.1M | 0.2% | NEW | 73.9 |
| 150 |  $OHI | OMEGA HEALTHCARE INVESTORS INC | $38.1M | 0.2% | NEW | 56.5 |
New Positions (467)
$SNDK Sandisk Corp$696.0M$SNDKPUT Sandisk Corp$693.0M$SPCX SPACE EXPLORATION TECHNOLOGIES CORP$267.3M$SNPSPUT SYNOPSYS INC$178.4M$ABTPUT ABBOTT LABORATORIES$136.1M$V VISA INC.$134.2M$AKAM AKAMAI TECHNOLOGIES INC$132.9M$VRTXPUT VERTEX PHARMACEUTICALS INC / MA$124.2M$MCHPPUT MICROCHIP TECHNOLOGY INC$122.6M$SMCI Super Micro Computer, Inc.$114.2M$HDPUT HOME DEPOT, INC.$105.0M$AMGN AMGEN INC$101.8M$AMGNPUT AMGEN INC$101.4M$ISRGPUT INTUITIVE SURGICAL INC$99.4M$ABBVPUT AbbVie Inc.$95.6MExited Positions (506)
$MU MICRON TECHNOLOGY INC$MUPUT MICRON TECHNOLOGY INC
$AVGO Broadcom Inc.$EAPUT ELECTRONIC ARTS INC.
$ORCLPUT ORACLE CORP$PLTRCALL Palantir Technologies Inc.
$DIS Walt Disney Co$DISPUT Walt Disney Co
$CAR AVIS BUDGET GROUP, INC.
$MASI MASIMO CORP
$POWI POWER INTEGRATIONS INC
$NVRI.R45876 ENVIRI CorpBrowse Top Institutional Investors
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