Hudson Bay Capital Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Hudson Bay Capital Management LP disclosed 868 US equity positions worth $15.8bn in its Q1 2025 13F filing. The largest position was NVDA at 7.0% of the reported book, followed by TSLA and FLG. Against the Q4 2024 filing, it opened 5 new positions, added to 32 and reduced 10 among the top 50 holdings.
What did Hudson Bay Capital Management LP own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 7.0% | $1.1bn | 10,168,446 | 18% | added |
| 2 | TSLA TESLA INC | Consumer Cyclical | 3.3% | $519.8m | 2,005,697 | 96% | added |
| 3 | FLG FLAGSTAR FINANCIAL INC | 2.6% | $403.1m | 34,689,439 | -7% | reduced | |
| 4 | AAPL APPLE INC | Technology | 2.4% | $382.3m | 1,721,237 | -16% | reduced |
| 5 | LLY ELI LILLY & CO | Healthcare | 2.0% | $323.0m | 391,083 | 46% | added |
| 6 | FE FIRSTENERGY CORP | 2.0% | $315.6m | 311,387,000 | 3% | added | |
| 7 | CNX RES CORP | 1.8% | $288.0m | 117,098,000 | 3% | added | |
| 8 | SOUTHERN CO | 1.6% | $251.3m | 224,060,000 | 105% | added | |
| 9 | AMZN AMAZON COM INC | Consumer Cyclical | 1.5% | $243.2m | 1,278,387 | -48% | reduced |
| 10 | IWM ISHARES TR | 1.5% | $240.5m | 1,205,533 | 424% | added | |
| 11 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.5% | $236.2m | 443,510 | -14% | reduced | |
| 12 | MSFT MICROSOFT CORP | Technology | 1.5% | $235.4m | 627,129 | -50% | reduced |
| 13 | HES HESS CORP | 1.4% | $224.6m | 1,405,967 | -15% | reduced | |
| 14 | GOOGL ALPHABET INC | Communication Services | 1.4% | $223.5m | 1,445,101 | 164% | added |
| 15 | COIN COINBASE GLOBAL INC | Financial Services | 1.3% | $211.5m | 1,227,973 | 77% | added |
| 16 | AMD ADVANCED MICRO DEVICES INC | Technology | 1.3% | $209.0m | 2,034,319 | -24% | reduced |
| 17 | MSTR MICROSTRATEGY INC | Technology | 1.3% | $207.8m | 720,992 | 18% | added |
| 18 | BAC BANK AMERICA CORP | Financial Services | 1.3% | $200.4m | 4,802,372 | 150% | added |
| 19 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.2% | $183.6m | 1,106,199 | 9% | added |
| 20 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 1.0% | $159.1m | 1,002,602 | – | new |
| 21 | DLTR DOLLAR TREE INC | Consumer Defensive | 1.0% | $153.1m | 2,039,000 | -9% | reduced |
| 22 | BP BP PLC | Energy | 1.0% | $152.1m | 4,500,000 | 350% | added |
| 23 | GOOG ALPHABET INC | Communication Services | 0.9% | $149.5m | 956,990 | 4002% | added |
| 24 | TRANSOCEAN INC | 0.9% | $146.6m | 120,466,000 | 0% | held | |
| 25 | UBER UBER TECHNOLOGIES INC | Technology | 0.9% | $141.5m | 1,941,814 | 56% | added |
| 26 | ABBV ABBVIE INC | Healthcare | 0.9% | $136.4m | 650,871 | 2062% | added |
| 27 | QQQ INVESCO QQQ TR | 0.8% | $129.7m | 276,635 | – | new | |
| 28 | DIS DISNEY WALT CO | Communication Services | 0.8% | $129.1m | 1,308,184 | 64% | added |
| 29 | DEXCOM INC | 0.8% | $128.5m | 131,901,000 | 56% | added | |
| 30 | PG&E CORP | 0.8% | $121.2m | 114,225,000 | -19% | reduced | |
| 31 | SPY SPDR S&P 500 ETF TR | 0.8% | $119.5m | 213,671 | 345% | added | |
| 32 | TRANSOCEAN INC | 0.7% | $118.1m | 115,877,000 | 2% | added | |
| 33 | COF CAPITAL ONE FINL CORP | Financial Services | 0.7% | $116.1m | 647,414 | 37% | added |
| 34 | OCCIDENTAL PETE CORP | 0.7% | $113.7m | 4,110,100 | 0% | held | |
| 35 | BA BOEING CO | Industrials | 0.7% | $109.0m | 639,332 | 87% | added |
| 36 | ADI ANALOG DEVICES INC | Technology | 0.7% | $108.8m | 539,719 | – | new |
| 37 | ADBE ADOBE INC | Technology | 0.7% | $105.7m | 275,500 | 1413% | added |
| 38 | ASML ASML HOLDING N V | Technology | 0.7% | $103.9m | 156,751 | 104% | added |
| 39 | BOFA FIN LLC | 0.6% | $100.7m | 101,000,000 | 6% | added | |
| 40 | C CITIGROUP INC | Financial Services | 0.6% | $98.0m | 1,380,108 | 176% | added |
| 41 | DASH DOORDASH INC | Consumer Cyclical | 0.6% | $95.9m | 524,836 | 42% | added |
| 42 | PYPL PAYPAL HLDGS INC | Financial Services | 0.6% | $95.4m | 1,462,061 | 4% | added |
| 43 | FLUTTER ENTMT PLC | 0.6% | $91.2m | 411,607 | 25% | added | |
| 44 | ISRG INTUITIVE SURGICAL INC | Healthcare | 0.6% | $89.6m | 180,849 | – | new |
| 45 | ECHOSTAR CORP | 0.5% | $84.4m | 75,421,740 | 36% | added | |
| 46 | TXN TEXAS INSTRS INC | Technology | 0.5% | $84.2m | 468,337 | -30% | reduced |
| 47 | IDCC INTERDIGITAL INC | 0.5% | $83.4m | 31,000,000 | 0% | held | |
| 48 | LPLA LPL FINL HLDGS INC | Financial Services | 0.5% | $82.6m | 252,579 | 36% | added |
| 49 | MS MORGAN STANLEY | Financial Services | 0.5% | $82.2m | 704,153 | – | new |
| 50 | ITCIEUR INTRA-CELLULAR THERAPIES INC | 0.5% | $80.1m | 606,808 | 833% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.