Filed: 5/14/2025ACC: 0001393825-25-000010
📋 What this filing means
HUDSON BAY CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 911 equity positions with a total reported market value of $32.43B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
911
Positions
$32.43B
Total AUM (reported)
2.14B
Total Shares
Allocation by class
COM$18.53B57.1%
COM NEW$1.24B3.8%
TR UNIT$1.23B3.8%
RUSSELL 2000 ETF$986.58M3.0%
CL A$963.04M3.0%
CL B NEW$848.67M2.6%
IBOXX HI YD ETF$831.50M2.6%
Portfolio Concentration
Top 3$5.05B15.6%
4–10$6.05B18.7%
11–25$5.93B18.3%
Rest$15.40B47.5%
Top 3 weight
15.6%
Top 10 weight
34.2%
Voting Authority Distribution
Total shares with voting rights: 2.14B
Sole
Full voting authority
2.14B
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole870
Shared0
Other41
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings911
Rows:
NVIDIA CORPORATION
SOLEShares22.91M
TypeSH
Market value$2.48B
7.66%
Sole
22.91M
Shared
0.00
None
0.00
TESLA INC
SOLEShares5.15M
TypeSH
Market value$1.33B
4.11%
Sole
5.15M
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares2.20M
TypeSH
Market value$1.23B
3.80%
Sole
2.20M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares4.95M
TypeSH
Market value$986.58M
3.04%
Sole
4.95M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.45M
TypeSH
Market value$920.81M
2.84%
Sole
2.45M
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares8.36M
TypeSH
Market value$859.00M
2.65%
Sole
8.36M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.59M
TypeSH
Market value$848.67M
2.62%
Sole
1.59M
Shared
0.00
None
0.00
APPLE INC
SOLEShares3.82M
TypeSH
Market value$848.37M
2.62%
Sole
3.82M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares10.54M
TypeSH
Market value$831.50M
2.56%
Sole
10.54M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares1.62M
TypeSH
Market value$757.98M
2.34%
Sole
1.62M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares3.92M
TypeSH
Market value$746.60M
2.30%
Sole
3.92M
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares594.18K
TypeSH
Market value$490.74M
1.51%
Sole
594.18K
Shared
0.00
None
0.00
COINBASE GLOBAL INC
SOLEShares2.66M
TypeSH
Market value$457.52M
1.41%
Sole
2.66M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.94M
TypeSH
Market value$454.27M
1.40%
Sole
2.94M
Shared
0.00
None
0.00
MICROSTRATEGY INC
SOLEShares1.56M
TypeSH
Market value$451.02M
1.39%
Sole
1.56M
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares2.56M
TypeSH
Market value$424.28M
1.31%
Sole
2.56M
Shared
0.00
None
0.00
FLAGSTAR FINANCIAL INC
SOLEShares34.69M
TypeSH
Market value$403.09M
1.24%
Sole
34.69M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares8.18M
TypeSH
Market value$341.28M
1.05%
Sole
8.18M
Shared
0.00
None
0.00
DOLLAR TREE INC
SOLEShares4.54M
TypeSH
Market value$340.74M
1.05%
Sole
4.54M
Shared
0.00
None
0.00
BOEING CO
SOLEShares1.87M
TypeSH
Market value$319.31M
0.98%
Sole
1.87M
Shared
0.00
None
0.00
PHILIP MORRIS INTL INC
SOLEShares2.01M
TypeSH
Market value$318.78M
0.98%
Sole
2.01M
Shared
0.00
None
0.00
FIRSTENERGY CORP
SOLEShares311.39M
TypePRN
Market value$315.64M
0.97%
Sole
311.39M
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares1.42M
TypeSH
Market value$297.47M
0.92%
Sole
1.42M
Shared
0.00
None
0.00
CNX RES CORP
SOLEShares117.10M
TypePRN
Market value$287.98M
0.89%
Sole
117.10M
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares3.80M
TypeSH
Market value$276.86M
0.85%
Sole
3.80M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 22.91M | SH | $2.48B 7.66% | 22.91M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 5.15M | SH | $1.33B 4.11% | 5.15M | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 2.20M | SH | $1.23B 3.80% | 2.20M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 4.95M | SH | $986.58M 3.04% | 4.95M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.45M | SH | $920.81M 2.84% | 2.45M | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 8.36M | SH | $859.00M 2.65% | 8.36M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.59M | SH | $848.67M 2.62% | 1.59M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 3.82M | SH | $848.37M 2.62% | 3.82M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 10.54M | SH | $831.50M 2.56% | 10.54M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 1.62M | SH | $757.98M 2.34% | 1.62M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 3.92M | SH | $746.60M 2.30% | 3.92M | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 594.18K | SH | $490.74M 1.51% | 594.18K | 0.00 | 0.00 |
COINBASE GLOBAL INCSOLE | COM CL A | 2.66M | SH | $457.52M 1.41% | 2.66M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.94M | SH | $454.27M 1.40% | 2.94M | 0.00 | 0.00 |
MICROSTRATEGY INCSOLE | CL A NEW | 1.56M | SH | $451.02M 1.39% | 1.56M | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 2.56M | SH | $424.28M 1.31% | 2.56M | 0.00 | 0.00 |
FLAGSTAR FINANCIAL INCSOLE | COM NEW | 34.69M | SH | $403.09M 1.24% | 34.69M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 8.18M | SH | $341.28M 1.05% | 8.18M | 0.00 | 0.00 |
DOLLAR TREE INCSOLE | COM | 4.54M | SH | $340.74M 1.05% | 4.54M | 0.00 | 0.00 |
BOEING COSOLE | COM | 1.87M | SH | $319.31M 0.98% | 1.87M | 0.00 | 0.00 |
PHILIP MORRIS INTL INCSOLE | COM | 2.01M | SH | $318.78M 0.98% | 2.01M | 0.00 | 0.00 |
FIRSTENERGY CORPSOLE | NOTE 4.000% 5/0 | 311.39M | PRN | $315.64M 0.97% | 311.39M | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 1.42M | SH | $297.47M 0.92% | 1.42M | 0.00 | 0.00 |
CNX RES CORPSOLE | NOTE 2.250% 5/0 | 117.10M | PRN | $287.98M 0.89% | 117.10M | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 3.80M | SH | $276.86M 0.85% | 3.80M | 0.00 | 0.00 |
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