Hudson Bay Capital Management LP

CIK 1393825 · latest 13F filed 14 August 2026 · Read the filing on EDGAR

Hudson Bay Capital Management LP reported 1,195 US-listed holdings worth $19.26 billion in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Amazon.com Inc. (5.1%), Taiwan Semiconductor Manufacturing Company Limited (4.8%) and Tesla, Inc. (4.5%). Against the quarter before, it opened 408 positions, added to 234, trimmed 275 and sold out of 462.

Reported holdings$19.26B+28.7% on Q1 2026

Positions1,195-54 on Q1 2026

The largest ten34.6%of its reported holdings

Latest 13FQ2 2026filed 14 August 2026

Where the money is

OpenedAdded toTrimmed

The 14 largest of its 1,195 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.

Reported holdings, quarter by quarter

What the fund reported holding at each quarter's end; hover a bar for the number of positions

What it did on the quarter

Opened 408Added 234Held 278Trimmed 275Sold out 462

Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held

Opened 408

Sandisk Corp. SNDK$696.0 million
Space Exploration Techn Corp. Class A Com STK SPCX$267.3 million
Visa Inc. V$134.2 million
Super Micro Computer Inc. SMCIP$114.2 million
Amgen Inc. AMGN$101.8 million
Eos Energy Enterprises Inc. EOSE$80.5 million
International Business Machines Corp. IBM$56.2 million
Keel Infrastructure Corp. Com SHS KEEL$44.2 million

and 400 more in the table below

Added to 234

Taiwan Semiconductor Manufacturing Company Limited TSM+1.2 million shares · +170%
Alphabet Inc. GOOGL+1.3 million shares · +400%
Palantir Technologies Inc. PLTR+2.9 million shares · +108%
Amazon.com Inc. AMZN+1.2 million shares · +40%
Meta Platforms, Inc. META+458,270 shares · +869%
Alphabet Inc. GOOG+586,414 shares · +30574%
Synopsys Inc. SNPS+396,899 shares · +945%
Vertex Pharmaceuticals Inc. VRTX+345,440 shares · +768%

and 226 more in the table below

Trimmed 275

Advanced Micro Devices Inc. AMD-937,008 shares · -58%
Apple Inc. AAPL-1.4 million shares · -69%
Flagstar Bank, National Association FLG-25.0 million shares · -72%
NVIDIA Corp. NVDA-1.3 million shares · -25%
UnitedHealth Group Inc. UNH-445,720 shares · -64%
Netflix Inc. NFLX-1.7 million shares · -37%
Oracle Corp. ORCL-808,608 shares · -96%
iShares Russell 2000 ETF IWM-324,090 shares · -95%

and 267 more in the table below

Sold out of 462

Micron Technology Inc. MU$168.9 million last quarter
Broadcom Inc. AVGO$154.8 million last quarter
Walt Disney Co. DIS$106.0 million last quarter
Avis Budget Group, Inc. CAR$72.9 million last quarter
Masimo Corp. MASI$58.8 million last quarter
Power Integrations Inc. POWI$51.2 million last quarter
Enviri Corp. NVRI$49.1 million last quarter
Valaris Ltd. VAL$49.0 million last quarter

What it holds

Company	Shares	Value	Of its book	Change in shares
Amazon.com Inc. AMZN	4,119,525	$981.8 million	5.10%	+1,168,128
Taiwan Semiconductor Manufacturing Company Limited TSM	1,933,095	$923.2 million	4.79%	+1,216,396
Tesla, Inc. TSLA	2,053,052	$863.5 million	4.48%	+155,437
NVIDIA Corp. NVDA	3,927,100	$785.8 million	4.08%	-1,291,194
Sandisk Corp. SNDK	306,118	$696.0 million	3.61%	new
Palantir Technologies Inc. PLTR	5,642,150	$658.3 million	3.42%	+2,933,931
Alphabet Inc. GOOGL	1,564,152	$559.0 million	2.90%	+1,251,479
Berkshire Hathaway Inc. Class B BRKB	818,279	$409.5 million	2.13%	+53,013
Advanced Micro Devices Inc. AMD	685,802	$398.4 million	2.07%	-937,008
Microsoft Corp. MSFT	1,041,517	$388.5 million	2.02%	+312,132
Meta Platforms, Inc. META	511,031	$287.9 million	1.49%	+458,270
Intel Corp. INTC	1,983,366	$276.9 million	1.44%	+62,590
Space Exploration Techn Corp. Class A Com STK SPCX	1,564,348	$267.3 million	1.39%	new
Alphabet Inc. GOOG	588,332	$207.9 million	1.08%	+586,414
Netflix Inc. NFLX	2,865,240	$204.6 million	1.06%	-1,715,579
Synopsys Inc. SNPS	438,900	$195.8 million	1.02%	+396,899
Vertex Pharmaceuticals Inc. VRTX	390,440	$193.9 million	1.01%	+345,440
Electronic Arts Inc EA	900,734	$184.7 million	0.96%	+172,047
Apple Inc. AAPL	631,092	$182.6 million	0.95%	-1,408,423
Norfolk Southern Corp. NSC	486,264	$153.0 million	0.79%	+73,711
Dollar Tree, Inc. DLTR	1,261,436	$152.6 million	0.79%	+132,436
Warner Bros. Discovery, Inc. WBD	5,589,805	$149.0 million	0.77%	+797,751
Flagstar Bank, National Association FLG	9,734,256	$145.4 million	0.75%	-24,955,183
Abbott Laboratories ABT	1,600,000	$145.2 million	0.75%	+1,525,000
Adobe Inc. ADBE	665,580	$136.5 million	0.71%	+237,080
Visa Inc. V	391,180	$134.2 million	0.70%	new
Intuitive Surgical Inc. ISRG	327,000	$130.0 million	0.68%	+227,000
Bloom Energy Corp. BE	421,220	$127.5 million	0.66%	+99,954
Microchip Technology Inc. MCHP	1,344,000	$122.6 million	0.64%	+1,302,966
Shopify Inc. SHOP	1,066,000	$121.7 million	0.63%	+116,000
Eli Lilly & Co. LLY	100,000	$119.9 million	0.62%	+32,996
Super Micro Computer Inc. SMCIP	2,225,000	$114.2 million	0.59%	new
SPDR S&P 500 SPY	143,000	$106.8 million	0.55%	-110,545
Arista Networks, Inc. ANET	623,500	$105.9 million	0.55%	-163,000
UnitedHealth Group Inc. UNH	254,280	$105.7 million	0.55%	-445,720
Amgen Inc. AMGN	281,000	$101.8 million	0.53%	new
AbbVie Inc. ABBV	402,440	$101.3 million	0.53%	+382,430
American Healthcare Reit, Inc. AHR	1,906,718	$99.4 million	0.52%	+711,105
Integer Holdings Corp. ITGR	1,000,000	$93.5 million	0.49%	no change
Peabody Energy Corp. BTU	3,882,918	$89.8 million	0.47%	+1,644,562
Home Depot, Inc. HD	237,975	$83.9 million	0.44%	+226,745
Bank America Corp.	64,368	$80.7 million	0.42%	+28,176
Eos Energy Enterprises Inc. EOSE	13,683,634	$80.5 million	0.42%	new
Parker-Hannifin Corp. PH	77,844	$76.1 million	0.40%	+65,693
BlackRock, Inc. BLK	77,656	$74.7 million	0.39%	+61,866
Morgan Stanley MS	355,511	$74.3 million	0.39%	+181,029
Walmart Inc. WMT	632,917	$71.7 million	0.37%	+575,111
Webster Finl Corp. WBS	912,247	$69.7 million	0.36%	-287,002
Entergy Corp. ETR	569,554	$65.4 million	0.34%	+40,988
NorthWestern Energy Group, Inc. NWE	903,026	$64.7 million	0.34%	+278,017
Roku, Inc. ROKU	465,000	$64.2 million	0.33%	+449,405
Wells Fargo & Company WFC	777,069	$64.2 million	0.33%	+119,879
Penumbra Inc. PEN	203,138	$64.1 million	0.33%	-145,900
American Electric Power Co. Inc. AEP	450,653	$61.7 million	0.32%	+154,871
Capital One Financial Corp. COF	303,740	$60.9 million	0.32%	+42,950
Monster Beverage Corp. MNST	626,812	$60.2 million	0.31%	+64,812
Chipotle Mexican Grill Inc. CMG	1,740,400	$59.2 million	0.31%	+431,300
Neogen Corp. NEOG	6,500,000	$58.4 million	0.30%	-180
United Airlines Holdings, Inc. UAL	425,772	$57.9 million	0.30%	+29,313
International Business Machines Corp. IBM	200,000	$56.2 million	0.29%	new
Sun Communities Inc. SUI	463,853	$55.6 million	0.29%	+310,035
Airbnb, Inc. ABNB	369,225	$52.8 million	0.27%	+62,225
NNN REIT, Inc. NNN	1,102,191	$51.3 million	0.27%	-8,207
Txnm Energy Inc. TXNM	888,032	$50.4 million	0.26%	+95,922
Core Scientific Inc. New CORZ	1,895,000	$48.5 million	0.25%	+1,544,590
Biomarin Pharmaceutical Inc. BMRN	825,002	$47.2 million	0.25%	-149,774
Udr, Inc. UDR	1,180,557	$47.1 million	0.24%	+391,376
EchoStar Corp. ECHO	457,719	$46.5 million	0.24%	+292,565
Alnylam Pharmaceuticals Inc ALNY	148,720	$44.8 million	0.23%	+108,720
Keel Infrastructure Corp. Com SHS KEEL	7,698,729	$44.2 million	0.23%	new
Core Scientific Inc. New CORZW	2,299,662	$43.3 million	0.22%	+709,002
Digital Realty Trust, Inc. DLR	241,081	$43.3 million	0.22%	new
Autozone Inc. AZO	13,500	$43.1 million	0.22%	no change
NCR Atleos Corp. NATL	992,914	$43.1 million	0.22%	new
Kenvue Inc. KVUE	2,195,000	$41.9 million	0.22%	-1,890,000
Firstenergy Corp. FE	854,839	$40.6 million	0.21%	-201,298
Four Corners Property Trust, Inc. FCPT	1,631,387	$40.1 million	0.21%	new
Xcel Energy Inc. XEL	491,605	$39.5 million	0.20%	+19,972
LPL Finl Hldgs Inc. LPLA	138,214	$38.9 million	0.20%	+2,890
Invesco QQQ Trust QQQ	52,836	$38.9 million	0.20%	+26,836
Cerebras Systems Inc. Com Class A CBRS	174,672	$38.6 million	0.20%	new
Ameren Corp. AEE	341,487	$38.6 million	0.20%	-32,029
Howmet Aerospace Inc. HWM	141,770	$38.1 million	0.20%	new
Omega Healthcare Investors Inc. OHI	799,358	$38.1 million	0.20%	new
Acadia Realty Trust AKR	1,774,333	$37.1 million	0.19%	+172,964
Alphabet Inc. GOOGN	740,000	$37.1 million	0.19%	new
JPMorgan Chase & Co. JPM	109,391	$35.8 million	0.19%	-88,385
Invesco Exch Traded FD Trust II BKLN	1,725,000	$35.1 million	0.18%	new
Novo Nordisk A/S NVO	730,000	$35.0 million	0.18%	+604,962
Telephone & Data Systems Inc. TDS	942,129	$34.9 million	0.18%	+123,429
Evergy, Inc. EVRG	400,467	$34.6 million	0.18%	+193,518
Tanger Inc. SKT	866,251	$34.2 million	0.18%	+313,707
Rexford Industrial Realty, Inc. REXR	1,001,292	$33.5 million	0.17%	new
Teamshares Inc. TMS	4,000,000	$32.9 million	0.17%	new
iShares Bitcoin Trust ETF IBIT	978,262	$32.6 million	0.17%	-900,000
Commscope Hldg Co. Inc. VISN	2,501,765	$32.0 million	0.17%	-1,782,014
Boston Scientific Corp. BSX	742,896	$31.7 million	0.16%	+258,896
ConocoPhillips COP	301,860	$31.4 million	0.16%	new
Brixmor Property Group Inc. BRX	970,848	$30.6 million	0.16%	new
RTX Corp. RTX	159,316	$30.2 million	0.16%	-109,239
ServiceNow, Inc. NOW	303,100	$30.1 million	0.16%	new
Coherent Corp. COHR	74,240	$29.3 million	0.15%	-45,760
CubeSmart CUBE	734,792	$29.2 million	0.15%	-39,620
Bxp, Inc. BXP	435,892	$28.9 million	0.15%	+282,724
Johnson Controls International plc JCI	196,219	$28.7 million	0.15%	-22,485
Mettler Toledo International Inc. MTD	22,000	$28.1 million	0.15%	no change
Cummins Inc. CMI	38,224	$27.3 million	0.14%	+2,509
PNC Financial Services Group, Inc. PNC	109,372	$26.9 million	0.14%	+7,873
Citizens Financial Group Inc. CFG	376,960	$26.4 million	0.14%	+21,596
Boeing Co. BA	119,112	$25.8 million	0.13%	+69,733
Extra Space Storage Inc. EXR	175,298	$25.5 million	0.13%	new
Arcosa, Inc. ACA	175,000	$25.4 million	0.13%	new
Alphabet Inc. GOOGM	500,000	$25.2 million	0.13%	new
Phillips Edison & Company, Inc. PECO	598,996	$24.9 million	0.13%	-311,033
Vaneck ETF Trust SMH	37,960	$24.9 million	0.13%	new
Bausch Health Cos Inc. BHC	5,000,000	$24.6 million	0.13%	no change
Lincoln National Corp. LNC	694,014	$24.5 million	0.13%	+206,859
CSX Corp. CSX	511,993	$24.3 million	0.13%	+59,632
BioNTech SE BNTX	260,000	$24.2 million	0.13%	-15,000
Insulet Corp. PODD	155,000	$23.6 million	0.12%	+45,000
First Solar, Inc. FSLR	100,000	$23.6 million	0.12%	-100,000
AES Corp. AES	1,600,000	$23.5 million	0.12%	-350,000
WEC Energy Group, Inc. WEC	200,359	$23.4 million	0.12%	+109,618
Verisk Analytics, Inc. VRSK	130,240	$23.4 million	0.12%	new
Independence Realty Trust, Inc. IRT	1,349,560	$22.5 million	0.12%	new
Coinbase Global, Inc. COIN	150,880	$22.1 million	0.11%	-24,120
Topbuild Corp. BLD	52,531	$22.0 million	0.11%	new
Neurocrine Biosciences Inc. NBIX	130,000	$21.9 million	0.11%	-265,850
Allstate Corp. ALL	90,000	$21.4 million	0.11%	new
Alliant Energy Corp. LNT	277,657	$21.2 million	0.11%	-231,345
SPDR Gold Trust GLD	57,148	$21.1 million	0.11%	+45,558
MSCI Inc. MSCI	36,741	$20.6 million	0.11%	-6,145
Innio NV INIO	517,300	$20.5 million	0.11%	new
Travel & Leisure Co. TNL	267,025	$20.4 million	0.11%	+79,798
Take-Two Interactive Software, Inc. TTWO	80,000	$20.0 million	0.10%	new
Drugs Made in Amer Acq II Co. DMII	1,969,030	$19.8 million	0.10%	no change
Biogen Inc. BIIB	90,000	$19.4 million	0.10%	-111,367
FG Imperii Acquisition Corp. FGII	1,948,264	$19.3 million	0.10%	no change
Littelfuse Inc. LFUS	42,436	$19.3 million	0.10%	+3,162
Forgent Power Solutions Inc FPS	345,247	$19.3 million	0.10%	-199,291
Intercontinental Exchange, Inc. ICE	153,417	$18.9 million	0.10%	+19,974
AMETEK Inc. AME	77,763	$18.8 million	0.10%	-404
Centerspace CSR	334,737	$18.8 million	0.10%	new
NextEra Energy Inc. NEE	214,296	$18.8 million	0.10%	no change
PPL Corp. PPL	517,422	$18.8 million	0.10%	-633,519
Immunocore Hldgs PLC IMCR	590,000	$18.7 million	0.10%	-43,174
Consolidated Edison Inc. ED	169,287	$18.7 million	0.10%	+9,334
American International Group, Inc. AIG	250,749	$18.7 million	0.10%	+21,182
Diversified Healthcare Trust DHC	2,000,000	$18.6 million	0.10%	-4,550
Hilton Worldwide Holdings Inc. HLT	55,288	$18.3 million	0.09%	new
Yum! Brands, Inc. YUM	113,267	$18.1 million	0.09%	-13,737
Rio Tinto plc RIO	190,000	$18.0 million	0.09%	new
Viasat Inc. VSAT	200,000	$18.0 million	0.09%	+195,250
Gaming & Leisure Properties, Inc. GLPI	398,368	$17.7 million	0.09%	+196,824
Meshflow Acquisition Corp. MESH	1,755,999	$17.6 million	0.09%	no change
Cleanspark Inc. CLSK	1,200,000	$17.5 million	0.09%	new
Bank of New York Mellon Corp. BNY	119,020	$17.2 million	0.09%	+17,523
American Express Co. AXP	50,686	$17.1 million	0.09%	+24,608
Gates Industrial Corp. Ltd. GTES	612,701	$17.1 million	0.09%	+241,916
iShares Trust FXI	530,000	$16.7 million	0.09%	-342,000
Vistra Corp. VST	104,559	$16.6 million	0.09%	+9,027
ASML Holding N.V. ASML	8,220	$16.4 million	0.08%	+962
Texas Roadhouse, Inc. TXRH	84,021	$16.2 million	0.08%	new
Jackson Acquisition Co. II JACS	1,520,505	$16.2 million	0.08%	no change
Berto Acquisition Corp. II GUACU	1,600,000	$16.2 million	0.08%	new
Chart Inds Inc. GTLS	76,089	$15.9 million	0.08%	new
Hayward Holdings, Inc. HAYW	915,433	$15.8 million	0.08%	+431,010
Rre Ventures Acquisition Cor RREV	1,599,999	$15.8 million	0.08%	new
Rithm Acquisition Corp. RAC	1,499,500	$15.7 million	0.08%	no change
Madison Air Solutions Coclass A MAIR	401,740	$15.7 million	0.08%	new
Terex Corp. TEX	214,428	$15.5 million	0.08%	+133,536
Southwest Gas Holdings, Inc. SWX	174,713	$15.5 million	0.08%	-3,653
Inflection PT Acquisition Co. IPCX	1,500,000	$15.5 million	0.08%	-299,282
Lumentum Holdings Inc. LITE	18,000	$15.4 million	0.08%	+11,621
VSE Corp. VSEC	67,502	$15.4 million	0.08%	+36,423
CNO Financial Group, Inc. CNO	300,759	$15.3 million	0.08%	+21,661
O'Reilly Automotive, Inc. ORLY	165,687	$15.3 million	0.08%	+119,085
iShares Trust HYG	190,000	$15.2 million	0.08%	no change
Apex Treas Corp. APXT	1,501,160	$15.1 million	0.08%	no change
Williams Companies, Inc. WMB	202,336	$15.0 million	0.08%	+146,891
Alussa Energy Acquisit Corp. ALUB	1,483,278	$14.9 million	0.08%	no change
Bread Financial Holdings, Inc. BFH	136,672	$14.8 million	0.08%	+5,070
NRG Energy, Inc. NRG	100,565	$14.7 million	0.08%	-39,030
Quantinuum Inc. QNT	178,420	$14.6 million	0.08%	new
GSR V Acquisition Corp. GSRVU	1,444,791	$14.5 million	0.08%	new
Legence Corp. LGN	168,740	$14.4 million	0.07%	+83,306
Angel Studios Inc. Class A Com ANGX	3,915,068	$14.4 million	0.07%	-202,749
Block, Inc. XYZ	189,032	$14.4 million	0.07%	new
CME Group Inc. CME	65,000	$14.4 million	0.07%	new
Americold Realty Trust Inc. COLD	911,872	$14.3 million	0.07%	new
SPDR Ser Trust KRE	190,676	$14.3 million	0.07%	-36,971
First Horizon Corp. FHN	552,101	$14.2 million	0.07%	+39,709
Bio-Techne Corp. TECH	200,000	$14.1 million	0.07%	new
Best Buy Co., Inc. BBY	185,029	$14.0 million	0.07%	new
Marex Group PLC MRX	228,742	$13.9 million	0.07%	+4,601
Goldman Sachs Group Inc. GS	13,759	$13.9 million	0.07%	new
Vir Biotechnology, Inc. VIR	1,364,000	$13.9 million	0.07%	-105,510
Sonoco Products Co. SON	246,070	$13.9 million	0.07%	+78,391
Red Rock Resorts, Inc. RRR	211,124	$13.7 million	0.07%	new
Janus Henderson Group PLC JHG	264,000	$13.7 million	0.07%	-90,772
iShares Trust LQD	125,000	$13.6 million	0.07%	no change
Centerpoint Energy Inc. CNP	309,000	$13.6 million	0.07%	new
FedEx Corp. FDX	43,425	$13.6 million	0.07%	+18,423
State Street Corp. STT	80,000	$13.6 million	0.07%	-10
Citigroup Inc. C	96,744	$13.5 million	0.07%	-466,447
CMS Energy Corp. CMS	174,489	$13.3 million	0.07%	-47,007
Berto Acquisition Corp. TACO	1,266,599	$13.3 million	0.07%	no change
K&F Growth Acquisition Corp. KFII	1,257,080	$13.3 million	0.07%	no change
National Healthcare Properti NHP	900,000	$13.2 million	0.07%	new
Infinite Eagle Acquisition C IEAG	1,300,000	$13.2 million	0.07%	-200,000
PTC Therapeutics, Inc. PTCT	159,778	$13.0 million	0.07%	+156,108
Financial Select Sector SPDR ETF XLF	239,770	$12.9 million	0.07%	-171,000
Terreno Realty Corp. TRNO	197,307	$12.8 million	0.07%	new
Modine Manufacturing Co MOD	47,424	$12.7 million	0.07%	-2,019
Borgwarner Inc. BWA	189,749	$12.6 million	0.07%	+138,963
Vanguard Real Estate ETF VNQ	130,000	$12.5 million	0.07%	no change
GE Vernova Inc. GEV	10,640	$12.5 million	0.06%	+8,600
Crane Co. CR	55,925	$12.5 million	0.06%	+15,667
SBA Communications Corp. SBAC	70,500	$12.4 million	0.06%	+40,085
Idea Acquisition Corp. IACO	1,256,541	$12.4 million	0.06%	new
Select Sector SPDR Trust XLE	232,900	$12.4 million	0.06%	-87,700
Credo Technology Group Holdi CRDO	44,950	$12.2 million	0.06%	new
Unum Group UNM	136,709	$12.2 million	0.06%	-15,548
Equitable Holdings, Inc. EQH	277,992	$12.2 million	0.06%	new
Archer Aviation Inc. ACHR	2,573,333	$12.2 million	0.06%	no change
Mondelez International, Inc. MDLZ	209,828	$12.1 million	0.06%	+116,710
Host Hotels & Resorts, Inc. HST	510,630	$12.1 million	0.06%	-194,354
Caterpillar Inc. CAT	11,120	$11.8 million	0.06%	-8,236
GSR IV Acquisition Corp. GSRF	1,162,935	$11.8 million	0.06%	no change
Acadia Pharmaceuticals Inc. ACAD	465,000	$11.8 million	0.06%	+19,494
Aldel Finl II Inc. ALDF	1,100,000	$11.8 million	0.06%	no change
Axis Cap Hldgs Ltd AXS	109,365	$11.8 million	0.06%	+7,870
Everest Group, Ltd. EG	32,811	$11.7 million	0.06%	+12,512
Insmed Inc. INSM	109,352	$11.7 million	0.06%	new
Novanta Inc. NOVT	71,428	$11.6 million	0.06%	new
Ionis Pharmaceuticals Inc. IONS	145,000	$11.5 million	0.06%	-150,100
3M Co. MMM	70,997	$11.5 million	0.06%	+48,454
American Financial Group Inc. AFG	82,023	$11.5 million	0.06%	-9,325
Nasdaq, Inc. NDAQ	145,365	$11.5 million	0.06%	-40,093
Agree Realty Corp. ADC	150,000	$11.4 million	0.06%	new
Millrose Properties, Inc. MRP	376,752	$11.3 million	0.06%	new
Flutter Entertainment plc FLUT	110,189	$11.3 million	0.06%	+8,114
Fervo Energy Co. Class A Com FRVO	382,484	$11.2 million	0.06%	new
Kensington Cap Acquisition KCAU	1,100,000	$11.2 million	0.06%	new
Sonida Senior Living Inc. SNDA	273,500	$11.2 million	0.06%	+256,326
Regeneron Pharmaceuticals, Inc. REGN	17,500	$10.9 million	0.06%	-14,501
Coca-Cola Co. KO	133,880	$10.9 million	0.06%	+52,387
Qiagen NV Ord Shares QGEN	277,500	$10.9 million	0.06%	+44,590
Sempra SRE	116,749	$10.8 million	0.06%	-455,097
Ecolab Inc. ECL	38,797	$10.8 million	0.06%	+28,675
Somnigroup International Inc. SGI	137,453	$10.8 million	0.06%	new
Dover Corp. DOV	47,574	$10.7 million	0.06%	-13,401
Siddhi Acquisition Corp. SDHI	1,025,000	$10.7 million	0.06%	no change
Halozyme Therapeutics, Inc. HALO	135,000	$10.6 million	0.05%	+5,000
Silverbox Corp. V SBXE	1,050,000	$10.6 million	0.05%	no change
Axsome Therapeutics Inc. AXSM	43,020	$10.5 million	0.05%	+27,800
Pfizer Inc. PFE	435,000	$10.5 million	0.05%	+345,000
M Evo GBL Acquisition Corp. I MEVO	1,050,000	$10.4 million	0.05%	no change
Sunococorp LLC C SUNC	153,080	$10.4 million	0.05%	+92,592
GXO Logistics, Inc. GXO	202,791	$10.3 million	0.05%	-30,633
MSC Industrial Direct Co. Inc. MSM	86,265	$10.3 million	0.05%	-1,337
Colombier Acquisition Corp. I CLBR	1,000,862	$10.3 million	0.05%	-373,338
Ameriprise Financial Inc. AMP	22,240	$10.2 million	0.05%	+2,040
Nisource Inc. NI	211,377	$10.1 million	0.05%	no change
ATI Inc. ATI	50,919	$10.0 million	0.05%	+23,522
Rocket Cos Inc. RKT	634,407	$10.0 million	0.05%	-19,549
Boyd Gaming Corp. BYD	113,009	$10.0 million	0.05%	-135,851
Casey's General Stores, Inc. CASY	12,532	$10.0 million	0.05%	+1,221
Rubrik Inc. RBRK	124,000	$10.0 million	0.05%	no change
Constellation Energy Corp. CEG	40,046	$9.9 million	0.05%	+36,761
nVent Electric plc NVT	58,622	$9.9 million	0.05%	+8,418
Aldabra 4 Lqdty Opp Veh Inc. ALOV	999,999	$9.9 million	0.05%	no change
Voya Financial, Inc. VOYA	109,365	$9.9 million	0.05%	-93,619
T-Mobile US, Inc. TMUS	58,894	$9.9 million	0.05%	-6,691
Legend Biotech Corp. LEGN	340,000	$9.8 million	0.05%	-536,351
Aramark ARMK	172,503	$9.8 million	0.05%	new
Glass Hse Brands Inc. F Class A GLAS	750,000	$9.8 million	0.05%	new
Phillips 66 PSX	57,418	$9.7 million	0.05%	new
Ryman Hospitality Properties, Inc. RHP	75,238	$9.7 million	0.05%	+56,929
Moody's Corp. MCO	21,328	$9.7 million	0.05%	new
New Providence Acquisition C NPAC	927,733	$9.6 million	0.05%	+222,858
Titan Acquisition Corp. TACH	914,927	$9.5 million	0.05%	no change
Illinois Tool Works Inc. ITW	35,000	$9.5 million	0.05%	no change
Pyrophyte Acquisition Corp. PAII	925,000	$9.4 million	0.05%	no change
Medtronic plc MDT	120,000	$9.4 million	0.05%	+90,000
Newbury STR II Acquisition C NTWO	874,149	$9.3 million	0.05%	no change
Viking Holdings Ltd VIK	88,693	$9.3 million	0.05%	+85,047
Krakacquisition Corporation KRAQ	926,509	$9.3 million	0.05%	no change
Church & Dwight Co. Inc. CHD	95,603	$9.3 million	0.05%	+63,700
Highview Merger Corp. HVMC	901,878	$9.2 million	0.05%	no change
Wynn Resorts Ltd. WYNN	93,901	$9.1 million	0.05%	new
BP plc BP	246,071	$9.1 million	0.05%	+94,133
Genmab A/S GMAB	330,000	$9.1 million	0.05%	+20,000
Armada Acquisition Corp. III AACI	900,000	$9.0 million	0.05%	no change
Real Asset Acquisition Corp. RAAQ	850,000	$8.8 million	0.05%	+307,635
Keurig Dr Pepper Inc. KDP	269,824	$8.8 million	0.05%	new
Pinnacle Financial Partners, Inc. PNFP	87,491	$8.8 million	0.05%	+77,767
Lionheart Holdings CUB	817,500	$8.8 million	0.05%	+717,500
Robinhood Markets, Inc. HOOD	87,006	$8.7 million	0.05%	-84,025
Xponential Fitness Inc-A XPOF	1,250,000	$8.7 million	0.04%	no change

Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported; the largest 300 here.

Change is shares against its 13F for the quarter before; the 462 it sold out of are in the box above.

Options it reported

Company	Option	Shares under the options	Value of those shares
Tesla, Inc. TSLA	Puts	2,818,600	$1.19 billion
Amazon.com Inc. AMZN	Puts	4,747,000	$1.13 billion
NVIDIA Corp. NVDA	Puts	4,707,700	$942.0 million
iShares Russell 2000 ETF IWM	Puts	3,112,500	$935.2 million
Taiwan Semiconductor Manufacturing Company Limited TSM	Puts	1,950,000	$931.3 million
Advanced Micro Devices Inc. AMD	Puts	1,411,100	$819.7 million
Palantir Technologies Inc. PLTR	Puts	6,494,700	$757.7 million
Sandisk Corp. SNDK	Puts	304,800	$693.0 million
SPDR S&P 500 SPY	Puts	761,600	$568.7 million
Alphabet Inc. GOOGL	Puts	1,485,000	$530.7 million
Berkshire Hathaway Inc. Class B BRKB	Puts	918,600	$459.7 million
Microsoft Corp. MSFT	Puts	1,005,000	$374.9 million
Netflix Inc. NFLX	Puts	4,451,000	$317.8 million
Invesco QQQ Trust QQQ	Puts	419,200	$308.7 million
Dollar Tree, Inc. DLTR	Puts	2,050,000	$247.9 million
Advanced Micro Devices Inc. AMD	Calls	424,000	$246.3 million
Alphabet Inc. GOOG	Puts	640,000	$226.1 million
Apple Inc. AAPL	Puts	764,000	$221.1 million
Synopsys Inc. SNPS	Puts	400,000	$178.4 million
Intel Corp. INTC	Puts	1,220,000	$170.3 million
Apple Inc. AAPL	Calls	582,600	$168.6 million
iShares Trust HYG	Puts	2,000,000	$159.9 million
UnitedHealth Group Inc. UNH	Puts	375,000	$155.9 million
Warner Bros. Discovery, Inc. WBD	Puts	5,766,900	$153.7 million
American Airlines Group Inc. AAL	Puts	7,694,800	$139.0 million
Shopify Inc. SHOP	Puts	1,216,000	$138.8 million
Abbott Laboratories ABT	Puts	1,500,000	$136.1 million
Adobe Inc. ADBE	Puts	662,900	$135.9 million
Vaneck ETF Trust SMH	Puts	205,300	$134.7 million
Vertex Pharmaceuticals Inc. VRTX	Puts	250,000	$124.2 million
Microchip Technology Inc. MCHP	Puts	1,344,000	$122.6 million
Eli Lilly & Co. LLY	Puts	100,000	$119.9 million
Merck & Co., Inc. MRK	Puts	925,000	$118.9 million
Boeing Co. BA	Puts	546,600	$118.3 million
Home Depot, Inc. HD	Puts	297,600	$105.0 million
Bloom Energy Corp. BE	Puts	344,000	$104.1 million
Amgen Inc. AMGN	Puts	280,000	$101.4 million
Intuitive Surgical Inc. ISRG	Puts	250,000	$99.4 million
Meta Platforms, Inc. META	Puts	174,000	$98.0 million
Tesla, Inc. TSLA	Calls	231,800	$97.5 million
AbbVie Inc. ABBV	Puts	380,000	$95.6 million
Space Exploration Techn Corp. Class A Com STK SPCX	Puts	502,700	$85.9 million
Netflix Inc. NFLX	Calls	1,137,500	$81.2 million
Microstrategy Inc. MSTR	Puts	893,700	$77.7 million
Uber Technologies, Inc. UBER	Puts	961,100	$69.4 million
NVIDIA Corp. NVDA	Calls	329,000	$65.8 million
iShares Trust SOXX	Calls	100,000	$64.1 million
ASML Holding N.V. ASML	Calls	26,500	$52.7 million
Morgan Stanley MS	Puts	250,000	$52.3 million
UnitedHealth Group Inc. UNH	Calls	123,000	$51.1 million
SPDR Ser Trust XOP	Puts	290,000	$44.7 million
Home Depot, Inc. HD	Calls	122,600	$43.2 million
SPDR Gold Trust GLD	Puts	110,000	$40.5 million
iShares Inc. EWY	Calls	200,000	$40.4 million
Procter & Gamble Co. PG	Calls	272,600	$40.0 million
Procter & Gamble Co. PG	Puts	272,600	$40.0 million
Invesco QQQ Trust QQQ	Calls	50,000	$36.8 million
Berkshire Hathaway Inc. Class B BRKB	Calls	68,600	$34.3 million
iShares Bitcoin Trust ETF IBIT	Calls	1,000,000	$33.3 million
Broadcom Inc. AVGO	Puts	88,100	$33.3 million
Boeing Co. BA	Calls	146,600	$31.7 million
Novo Nordisk A/S NVO	Puts	660,000	$31.6 million
iShares Bitcoin Trust ETF IBIT	Puts	925,000	$30.8 million
ServiceNow, Inc. NOW	Puts	300,000	$29.8 million
Coherent Corp. COHR	Puts	74,000	$29.2 million
Sofi Technologies Inc. SOFI	Puts	1,500,000	$26.9 million
SPDR Ser Trust XOP	Calls	170,000	$26.2 million
Verizon Communications Inc. VZ	Calls	584,800	$24.8 million
Verizon Communications Inc. VZ	Puts	584,800	$24.8 million
First Solar, Inc. FSLR	Puts	100,000	$23.6 million
EchoStar Corp. ECHO	Calls	225,000	$22.8 million
Coinbase Global, Inc. COIN	Puts	150,000	$21.9 million
SPDR Gold Trust GLD	Calls	55,000	$20.3 million
Take-Two Interactive Software, Inc. TTWO	Puts	80,000	$20.0 million
Taiwan Semiconductor Manufacturing Company Limited TSM	Calls	40,000	$19.1 million
SPDR S&P 500 SPY	Calls	25,000	$18.7 million
Rio Tinto plc RIO	Puts	190,000	$18.0 million
Alphabet Inc. GOOG	Calls	45,000	$15.9 million
Meta Platforms, Inc. META	Calls	28,000	$15.8 million
Lumentum Holdings Inc. LITE	Puts	18,000	$15.4 million
Microsoft Corp. MSFT	Calls	40,000	$14.9 million
Qualcomm Inc. QCOM	Calls	76,100	$14.1 million
ASML Holding N.V. ASML	Puts	6,400	$12.7 million
Select Sector SPDR Trust XLU	Puts	250,000	$11.3 million
Microstrategy Inc. MSTR	Calls	116,500	$10.1 million
iShares Trust IGV	Calls	110,000	$10.0 million
Penumbra Inc. PEN	Puts	30,300	$9.6 million
Rocket Lab Corp. RKLB	Calls	91,400	$9.3 million
Pg&E Corp. PCG	Puts	500,000	$8.4 million
iShares Trust SOXX	Puts	12,400	$7.9 million
Amazon.com Inc. AMZN	Calls	26,000	$6.2 million
General Electric Co. GE	Puts	15,000	$5.6 million
Forgent Power Solutions Inc FPS	Calls	100,000	$5.6 million
SPDR Ser Trust XHB	Puts	45,000	$5.2 million
EchoStar Corp. ECHO	Puts	47,800	$4.9 million
Knight-Swift Transportation Holdings Inc. KNX	Puts	50,000	$3.9 million
Circle Internet Group Inc. CRCL	Puts	60,000	$3.8 million
Bloom Energy Corp. BE	Calls	9,400	$2.8 million
Robinhood Markets, Inc. HOOD	Calls	27,000	$2.7 million
Nutrien Ltd. NTR	Calls	40,000	$2.5 million

The largest 100 of 125 option lines.

A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.