Hudson Bay Capital Management LP

13F filer, CIK 1393825, STAMFORD, CT

Hudson Bay Capital Management LP reported $28,425,928,130 across 906 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-14. Its ten largest share positions make up 30.4% of the portfolio.

Filed 2025-02-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC13F-HR 0002033916-25-000027

Period: 2024-12-31
Reported value: $28.4B
Holdings: 906
Top 10 weight: 30.4%
New: 375
Sold out: 303

Part of the filer group Hudson Bay Capital Management LP

How groups are built

Largest buys vs the previous quarter

Security	Shares change	Approx. value
TSLAadded	+554,810	$224M
UNHnew	+440,963	$223M
MSTRadded	+539,274	$156M
ARMnew	+1,200,000	$148M
LLYadded	+187,429	$145M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
METAreduced	-1,038,272	-$608M
GOOGreduced	-1,558,759	-$297M
NVDAreduced	-2,125,311	-$285M
AVGOreduced	-1,187,352	-$275M
QQQexited	-432,963	-$211M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR 0002033916-25-000027, largest first. % of portfolio is the value over $16,553,458,861, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Latest event	Timeline
BHVNBIOHAVEN LTD	42,931	$1.6M	0.01%	+30,431		Timeline
QXOQXO INC	100,697	$1.6M	0.01%	+10,697		Timeline
GISGENERAL MILLS INC	24,063	$1.53M	0.01%	+5,048		Timeline
ELANELANCO ANIMAL HEALTH INC	125,000	$1.51M	0.01%	+25,000		Timeline
CSGPCOSTAR GROUP INC	20,878	$1.49M	0.01%	new		Timeline
CARTICA ACQUISITION CORPCARTICA ACQUISITION CORP	125,000	$1.48M	0.01%	new
BKRBAKER HUGHES COMPANY	35,058	$1.44M	0.01%	new		Timeline
RCKTROCKET PHARMACEUTICALS INC	113,500	$1.43M	0.01%	+48,500		Timeline
CHENGHE ACQUISITION I COCHENGHE ACQUISITION I CO	154,000	$1.39M	0.01%	new
FOUR LEAF ACQUISITION CORPFOUR LEAF ACQUISITION CORP	125,000	$1.39M	0.01%	0
ONCBEONE MEDICINES LTD	7,500	$1.39M	0.01%	+2,500		Timeline
BOWEN ACQUISITION CORPBOWEN ACQUISITION CORP	125,000	$1.37M	0.01%	0
MARAMARA HOLDINGS INC	80,000	$1.34M	0.01%	new		Timeline
SAGE THERAPEUTICS INCSAGE THERAPEUTICS INC	247,000	$1.34M	0.01%	-98,000
PLNTPLANET FITNESS MASTER ISSUER	13,339	$1.32M	0.01%	new		Timeline
REVANCE THERAPEUTICS INCREVANCE THERAPEUTICS INC	414,310	$1.26M	0.01%	+264,310
ABOSACUMEN PHARMACEUTICALS INC	715,000	$1.23M	0.01%	+79,000		Timeline
OAK WOODS ACQUISITION CORP-AOAK WOODS ACQUISITION CORP-A	105,000	$1.19M	0.01%	0
AVNWAVIAT NETWORKS INC	65,423	$1.18M	0.01%	new		Timeline
MRVIMARAVAI LIFESCIENCES HLDGS I	215,243	$1.17M	0.01%	+87,846		Timeline
EATBRINKER INTL INC	8,809	$1.17M	0.01%	new		Timeline
CHRSCOHERUS ONCOLOGY INC	835,000	$1.15M	0.01%	+50,000		Timeline
CFCF INDUSTRIES HOLD	13,390	$1.14M	0.01%	-31,610		Timeline
CLDXCELLDEX THERAPEUTICS INC NEW	45,000	$1.14M	0.01%	new		Timeline
ATLCATLANTICUS HOLDINGS CORP	20,052	$1.12M	0.01%	new		Timeline
MREOMEREO BIOPHARMA GROUP PLC	315,000	$1.1M	0.01%	+140,000		Timeline
SJMSMUCKER J M CO	10,000	$1.1M	0.01%	-27,010		Timeline
MARS ACQUISITION CORPMARS ACQUISITION CORP	100,000	$1.1M	0.01%	0
ARCTARCTURUS THERAPEUTICS HLDGS	64,000	$1.09M	0.01%	+20,000		Timeline
ATMCALPHATIME ACQUISITION CORP ORD	94,911	$1.08M	0.01%	new		Timeline
AXSMAXSOME THERAPEUTICS INC.	12,500	$1.06M	0.01%	new		Timeline
SPRSPIRIT AEROSYSTEMS HLDGS INC	30,000	$1.02M	0.01%	-450,000		Timeline
VIKVIKING HOLDINGS LTD	23,064	$1.02M	0.01%	-227,259		Timeline
AMEDISYS INCAMEDISYS INC	11,176	$1.01M	0.01%	-48,824
CUBLIONHEART HOLDINGS	100,000	$1.01M	0.01%	new		Timeline
FNFFIDELITY NATL FINL INC	17,806	$1000K	0.01%	-191,673		Timeline
EXPEEXPEDIA GROUP INC	5,279	$984K	0.01%	-69,660		Timeline
NVSNOVARTIS AG	10,000	$973K	0.01%	new		Timeline
ORICORIC PHARMACEUTICALS INC	120,000	$968K	0.01%	new		Timeline
TKOTKO GROUP HOLDINGS INC	6,800	$966K	0.01%	new		Timeline
EBAYEBAY INC.	15,597	$966K	0.01%	new		Timeline
MRKRMARKER THERAPEUTICS INC	331,670	$958K	0.01%	new		Timeline
CPKCHESAPEAKE UTILS CORP	7,824	$949K	0.01%	-7,176		Timeline
CHRWC H ROBINSON WORLDWIDE IN	8,999	$930K	0.01%	-23,494		Timeline
TMUST-MOBILE US INC	4,167	$920K	0.01%	-5,833		Timeline
ABNBAIRBNB INC	6,993	$919K	0.01%	-43,007		Timeline
PTONPELOTON INTERACTIVE INC	102,933	$896K	0.01%	new		Timeline
EUDA HEALTH HOLDINGS LTDEUDA HEALTH HOLDINGS LTD	800,000	$895K	0.01%	0
MYRGMYR GROUP INC	6,000	$893K	0.01%	new		Timeline
SUSUNCOR ENERGY INC NEW	25,000	$892K	0.01%	0		Timeline
AFJKAIMEI HEALTH TECHNOLOGY CO L	81,171	$864K	0.01%	0		Timeline
TPHTRI POINTE HOMES INC	23,498	$852K	0.01%	+17,532		Timeline
DYNDYNE THERAPEUTICS INC	35,000	$825K	<0.01%	new		Timeline
MHOM/I HOMES INC	5,952	$791K	<0.01%	new		Timeline
AUPHAURINIA PHARMACEUTICALS INC	85,000	$763K	<0.01%	-195,000		Timeline
PLRXPLIANT THERAPEUTICS INC	57,500	$757K	<0.01%	-42,500		Timeline
PSYENCE BIOMEDICAL LTD COM …PSYENCE BIOMEDICAL LTD COM NEW	380,000	$744K	<0.01%	new
ALEALLETE INC	11,276	$731K	<0.01%	-1,913		Timeline
BLDTOPBUILD COR	2,313	$720K	<0.01%	-2,687		Timeline
IGVISHARES TR	6,712	$672K	<0.01%	new		Timeline
XPOXPO INC	5,018	$658K	<0.01%	-119,081		Timeline
VIXYPROSHARES TR II	14,000	$630K	<0.01%	new		Timeline
ACELYRIN INCACELYRIN INC	196,620	$617K	<0.01%	-3,380
AUROWAURORA INNOVATION INC	576,741	$611K	<0.01%	+226,741		Timeline
MRTNMARTEN TRANS LTD	39,000	$609K	<0.01%	new		Timeline
INGMINGRAM MICRO HLDG CORP	30,000	$582K	<0.01%	new		Timeline
DSGXDESCARTES SYS GROUP INC	5,000	$568K	<0.01%	+3,000		Timeline
OGSONE GAS INC	7,961	$551K	<0.01%	-9,539		Timeline
TOLTOLL BROTHERS INC	4,306	$542K	<0.01%	new		Timeline
PONYPONY AI INC	37,500	$538K	<0.01%	new		Timeline
LITHIUM AMERICAS ARGENTINA CLITHIUM AMERICAS ARGENTINA C	200,000	$524K	<0.01%	+50,000
RXRXRECURSION PHARMACEUTICALS IN	77,500	$524K	<0.01%	-12,500		Timeline
PLTKPLAYTIKA HLDG CORP	73,855	$513K	<0.01%	new		Timeline
SFMSPROUTS FMRS MKT INC	3,525	$448K	<0.01%	new		Timeline
RACEFERRARI N V	1,000	$425K	<0.01%	new		Timeline
TMHCTAYLOR MORRISON HOME CORP	6,843	$419K	<0.01%	+3,430		Timeline
ORGNORIGIN MATLS INC (DE)	325,399	$417K	<0.01%	0		Timeline
TRVITREVI THERAPEUTICS INC	100,000	$412K	<0.01%	+50,000		Timeline
MLTXMOONLAKE IMMUNOTHERAPEUTICS	7,500	$406K	<0.01%	new		Timeline
BJRIBJS RESTAURANTS INC	11,330	$398K	<0.01%	new		Timeline
PALPROFICIENT AUTO LOGISTICS IN	46,625	$376K	<0.01%	new		Timeline
PSQ HOLDINGS INCPSQ HOLDINGS INC	450,429	$360K	<0.01%	new
GRYPHON DIGITAL MNG INCGRYPHON DIGITAL MNG INC	878,530	$352K	<0.01%	0
FNDFLOOR & DECOR HLDGS INC	3,107	$310K	<0.01%	new		Timeline
ALGTALLEGIANT TRAVEL CO	3,000	$282K	<0.01%	new		Timeline
HEPSD MARKET ELECTR SVCS & TRADI	91,029	$276K	<0.01%	new		Timeline
ETHZILLA CORPORATIONETHZILLA CORPORATION	150,024	$273K	<0.01%	new
AISPWAIRSHIP AI HLDGS INC	132,950	$273K	<0.01%	new		Timeline
KOPNKOPIN CORP	200,009	$272K	<0.01%	-330,133		Timeline
BACQRINFLECTION PT ACQUISITION CORP	1,575,000	$268K	<0.01%	new		Timeline
WMBWILLIAMS COS INC	4,574	$248K	<0.01%	+71		Timeline
ECHOECHOSTAR CORP	10,000	$229K	<0.01%	new		Timeline
ALDFWALDEL FINL II INC	725,000	$218K	<0.01%	new		Timeline
HUTHUT 8 CORP	10,000	$205K	<0.01%	new		Timeline
RIVNRIVIAN AUTOMOTIVE INC	15,000	$200K	<0.01%	-14,679		Timeline
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	150,670	$170K	<0.01%	new
OABIWOMNIAB INC	467,979	$159K	<0.01%	+214,614		Timeline
HTLDHEARTLAND EXPRESS INC	14,000	$157K	<0.01%	-25,000		Timeline
ZURAZURA BIO LTD	38,999	$113K	<0.01%	0		Timeline
NEXTCURE INCNEXTCURE INC	107,672	$83K	<0.01%	0
ZGNERMENEGILDO ZEGNA N V	10,000	$82.6K	<0.01%	-10,000		Timeline
DIH HLDG US INCDIH HLDG US INC	1,385,121	$75.2K	<0.01%	-81,536
WORKHORSE GROUP INCWORKHORSE GROUP INC	105,605	$73.7K	<0.01%	0
LOGICMARK INCLOGICMARK INC	47,000	$70.5K	<0.01%	new
SATELLOGIC INCSATELLOGIC INC	188,238	$69.1K	<0.01%	new
BEAGRBOLD EAGLE ACQUISITION CORP	301,114	$67.8K	<0.01%	new		Timeline
CSLM Acquisition CorpCSLM Acquisition Corp	424,869	$63.7K	<0.01%	0
CHARRCHARLTON ARIA ACQUISITION CO	325,000	$53.6K	<0.01%	new		Timeline
FUFUWBITFUFU INC	96,154	$52.9K	<0.01%	new		Timeline
AA MISSION ACQUISITI…AA MISSION ACQUISITION …	750,000	$52.5K	<0.01%	0
JVSPAC ACQUISITION CORPJVSPAC ACQUISITION CORP	175,000	$51.7K	<0.01%	0
HENNESSY CAPITAL INVST CORPHENNESSY CAPITAL INVST CORP	295,297	$35.8K	<0.01%	new
CLRRFCLIMATEROCK USD RTS (CYM) 01/3	440,415	$30.6K	<0.01%	0		Timeline
LOTWWLOTUS TECHNOLOGY INC	131,468	$29K	<0.01%	+2,000		Timeline
Yotta Acquisition CorpYotta Acquisition Corp	471,180	$27.3K	<0.01%	0
MDCXWMEDICUS PHARMA LTD	41,300	$26.9K	<0.01%	new		Timeline
RF ACQUISITION CORPRF ACQUISITION CORP	463,538	$23.2K	<0.01%	0
BAYARBAYVIEW ACQUISITION CORP	175,000	$22.8K	<0.01%	0		Timeline
HOVRWNEW HORIZON AIRCRAFT LTD	197,290	$19.7K	<0.01%	-160,000		Timeline
QETARQUETTA ACQUISITION CORP	14,090	$19.7K	<0.01%	0		Timeline
BM TECHNOLOGIES INCBM TECHNOLOGIES INC	33,125	$19.3K	<0.01%	new
MELAR ACQUISITION CORP. IMELAR ACQUISITION CORP. I	162,500	$18.7K	<0.01%	new
MONEYLION INCMONEYLION INC	100,000	$18.3K	<0.01%	new
GOLDENSTONE ACQUISITION LTDGOLDENSTONE ACQUISITION LTD	409,715	$17.6K	<0.01%	0
CINGWCINGULATE INC	210,798	$16.3K	<0.01%	0		Timeline
FGIWWFGI INDUSTRIES LTD	160,372	$12.9K	<0.01%	0		Timeline
VACHWVOYAGER ACQUISITION CORP	100,000	$12K	<0.01%	new		Timeline
WTS/EVERGREEN CORPORATION E…WTS/EVERGREEN CORPORATION EXP 02/…	431,483	$12K	<0.01%	-8,247
DENALI CAPITAL ACQUISITN CORDENALI CAPITAL ACQUISITN COR	312,957	$11.6K	<0.01%	-41,876
GLOBAL BLK-CW27 EQUITYGLOBAL BLK-CW27 EQUITY	281,402	$11.3K	<0.01%	-144,973
FORLWWTS/FOUR LEAF ACQUISITION CORPORA…	123,546	$10.7K	<0.01%	0		Timeline
GLOBAL BLOCKCHAIN ACQUI CORPGLOBAL BLOCKCHAIN ACQUI CORP	99,878	$10.6K	<0.01%	-98,900
GLOBAL STAR ACQUISITION INCGLOBAL STAR ACQUISITION INC	350,000	$10.5K	<0.01%	0
Horizon Space Acquisition I…Horizon Space Acquisition I Corp	419,586	$10.1K	<0.01%	0
Futuretech II Acquisition C…Futuretech II Acquisition Corp	488,220	$9.86K	<0.01%	0
CN HEALTHY FOOD TECH GROUP CCN HEALTHY FOOD TECH GROUP C	272,700	$9.54K	<0.01%	-2,300
VCICWVINE HILL CAP INVT CORP.	50,000	$8K	<0.01%	new		Timeline
METAL SKY STAR ACQUISITION CMETAL SKY STAR ACQUISITION C	206,075	$7.21K	<0.01%	0
EUDAWEUDA HEALTH HOLDINGS LTD	60,719	$6.77K	<0.01%	-2,256		Timeline
CUBWWLIONHEART HOLDINGS	50,000	$5.5K	<0.01%	new		Timeline
KVACWKEEN VISION ACQUISITION CORP	95,500	$4.72K	<0.01%	-4,500		Timeline
WinVest Acquisition CorpWinVest Acquisition Corp	340,431	$4.63K	<0.01%	0
CYCUWCYCURION INC	199,161	$4.12K	<0.01%	0		Timeline
EMCWFEMBRACE CHANGE ACQUISITION COR	285,000	$3.82K	<0.01%	0		Timeline
TVGNWTEVOGEN INC	65,575	$3.54K	<0.01%	-2,734		Timeline
Aimfinity Investment Corp IAimfinity Investment Corp I	501,000	$3.51K	<0.01%	0
EDBLWEDIBLE GARDEN AG INC	100,000	$3.5K	<0.01%	0		Timeline
MKDWWMKDWELL TECH INC	200,000	$3.12K	<0.01%	0		Timeline
ARES ACQUISITION CORP II-28ARES ACQUISITION CORP II-28	20,162	$3.02K	<0.01%	-111,883
Chenghe Acquisition II CoChenghe Acquisition II Co	85,100	$2.98K	<0.01%	-2,400
GREENLAND MINES LTDGREENLAND MINES LTD	60,966	$2.82K	<0.01%	0
BANNIX ACQUISITION CORPBANNIX ACQUISITION CORP	100,100	$2.76K	<0.01%	0
NIVFWNEWGENIVF GROUP LIMITED	60,035	$2.69K	<0.01%	0		Timeline
BENFWBENEFICIENT	300,000	$2.31K	<0.01%	0		Timeline
EON RESOURCES INCEON RESOURCES INC	41,025	$2.26K	<0.01%	-4,775
Papaya Growth Opportunity C…Papaya Growth Opportunity Corp I	111,600	$2.24K	<0.01%	0
ZOOZWZOOZ STRATEGY LTD	38,893	$2.14K	<0.01%	-100,000		Timeline
NMHIWNMHIW	133,681	$2K	<0.01%	0		Timeline
SRIVARU HOLDING LIMITEDSRIVARU HOLDING LIMITED	232,647	$1.98K	<0.01%	0
ClimateRockClimateRock	88,323	$1.93K	<0.01%	0
TECHNOLOGY & TELECOMMUNICAT…TECHNOLOGY & TELECOMMUNICATION	99,888	$1.73K	<0.01%	-114,000
ALCWFALCHEMY INVTS ACQUISITN CORP	16,191	$1.46K	<0.01%	-3,307		Timeline
CPTWFCAPTIVISION INC	97,483	$1.22K	<0.01%	0		Timeline
NEXRWNEXERA TECHNOLOGIES LTD	31,152	$935	<0.01%	-88,347		Timeline
NLS PHARMACEUTICS LTDNLS PHARMACEUTICS LTD	71,356	$821	<0.01%	0
AREBWAMERICAN REBEL HOLDINGS INC	50,000	$768	<0.01%	0		Timeline
CHEER HLDG INCCHEER HLDG INC	634,058	$761	<0.01%	0
SRZNWSURROZEN INC	20,718	$443	<0.01%	0		Timeline
ALFUWCENTURION ACQUISITION CORP	49,400	$0	0%	-75,600	Value filed as zero, left out of ratios.	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

The largest 100 of 212. All 212

Security	Type	Amount	Value	Change
NVDANVIDIA CORPORATION COM	put	9,005,000	$1.21B	-1,449,000
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	1,335,900	$783M	+199,400
TSLATESLA INC COM	put	1,605,000	$648M	+1,067,500
AMZNAMAZON COM INC COM	put	2,830,000	$621M	-470,000
QQQINVESCO QQQ TR COM	put	824,500	$422M	+686,500
AAPLAPPLE INC COM	put	1,625,000	$407M	-775,000
AMDADVANCED MICRO DEVICES INC COM	put	2,900,000	$350M	-208,400
TSLATESLA INC COM	call	733,800	$296M	+563,800
BRK-BBERKSHIRE HATHAWAY INC DEL COM	put	600,000	$272M	+120,000
LLYELI LILLY & CO COM	put	320,000	$247M	+240,000
METAMETA PLATFORMS INC COM	put	370,000	$217M	-680,000
UNHUNITEDHEALTH GROUP INC COM	put	395,000	$200M	new
XOMEXXON MOBIL CORP COM	put	1,813,200	$195M	+1,500,000
MSFTMICROSOFT CORP COM	put	460,000	$194M	-1,340,400
DLTRDOLLAR TREE INC Stock	put	2,500,000	$187M	0
ARMARM HOLDINGS PLC SPONSORED ADS	put	1,500,000	$185M	new
BABOEING CO COM	put	1,030,000	$182M	+310,000
COINCOINBASE GLOBAL INC Stock	put	700,000	$174M	-436,000
TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS	put	880,000	$174M	-775,000
IWMISHARES TR SHS	put	775,000	$171M	+571,500
MSTRSTRATEGY INC Stock	put	575,000	$167M	new
PYPLPAYPAL HLDGS INC STOK	put	1,400,000	$119M	new
EQIXEQUINIX INC REIT	put	125,000	$118M	new
KOCOCA COLA CO COM	put	1,850,000	$115M	new
BABAALIBABA GROUP HLDG LTD SPONSORED ADS	put	1,280,000	$109M	+500,000
MDBMONGODB INC Stock	put	460,000	$107M	new
CTSHCOGNIZANT TECHNOLOGY SOLUTIO Stock	put	1,350,000	$104M	new
CRWDCROWDSTRIKE HLDGS INC COM	put	290,000	$99.2M	+40,000
SMHVANECK ETF TRUST COM	call	372,500	$90.2M	-72,800
DISDISNEY WALT CO COM	put	800,000	$89.1M	+580,000
RTXRTX CORPORATION COM	put	757,800	$87.7M	new
TXNTEXAS INSTRS INC COM	put	465,000	$87.2M	+446,400
AFRMAFFIRM HLDGS INC Stock	put	1,400,000	$85.3M	new
GOOGLALPHABET INC COM	call	450,000	$85.2M	+177,900
FLUTFLUTTER ENTMT PLC Stock	put	300,000	$77.5M	new
HOODROBINHOOD MKTS INC COM	put	2,000,000	$74.5M	new
TGTTARGET CORP Stock	put	533,400	$72.1M	+428,400
MUMICRON TECHNOLOGY INC COM	put	850,000	$71.5M	-650,000
UBERUBER TECHNOLOGIES INC COM	put	1,140,000	$68.8M	+840,000
QCOMQUALCOMM INC COM	put	428,000	$65.7M	new
SMHVANECK ETF TRUST COM	put	270,000	$65.4M	+67,600
MCHPMICROCHIP TECHNOLOGY INC. Stock	put	1,100,000	$63.1M	new
AAPLAPPLE INC COM	call	250,000	$62.6M	-152,000
AMZNAMAZON COM INC COM	call	285,000	$62.5M	+207,000
SMCISUPER MICRO COMPUTER INC COM NEW	put	2,000,000	$61M	new
DASHDOORDASH INC Stock	put	350,000	$58.7M	0
IBMINTERNATIONAL BUSINESS MACHS COM	put	260,000	$57.2M	new
ASMLASML HLDG NV STOK	put	80,000	$55.4M	new
MRKMERCK & CO INC COM	put	540,000	$53.7M	+40,000
PEPPEPSICO INC COM	put	350,000	$53.2M	-249,200
PFEPFIZER INC COM	put	2,000,000	$53.1M	-1,555,000
NOWSERVICENOW INC COM	put	50,000	$53M	new
BXBLACKSTONE INC COM	put	300,000	$51.7M	new
LULULULULEMON ATHLETICA INC COM	put	135,000	$51.6M	new
MCDMCDONALDS CORP COM	put	175,000	$50.7M	new
INTCINTEL CORP COM	put	2,500,000	$50.1M	+2,000,000
BKNGBOOKING HOLDINGS INC COM	put	10,000	$49.7M	new
MELIMERCADOLIBRE INC STOK	put	29,000	$49.3M	new
BACBANK OF AMER CORP COM	put	1,100,000	$48.3M	new
XLFSELECT SECTOR SPDR TR SHS	put	1,000,000	$48.3M	new
HDHOME DEPOT INC COM	put	123,000	$47.8M	+120,000
GOOGLALPHABET INC COM	put	250,000	$47.3M	-1,099,900
NVONOVO-NORDISK A S ADR	put	550,000	$47.3M	new
PINSPINTEREST INC Stock	put	1,600,000	$46.4M	new
BABOEING CO COM	call	250,000	$44.2M	new
ULTAULTA BEAUTY INC Stock	put	100,000	$43.5M	new
JPMJPMORGAN CHASE & CO COM	put	165,000	$39.6M	new
HONHONEYWELL INTL INC COM	put	175,000	$39.5M	-275,000
IBITISHARES BITCOIN TRUST ETF SHS	call	720,300	$38.2M	new
CONSOL ENERGY INC NEWCONSOL ENERGY INC NEW COM	call	355,344	$37.9M	new
LMTLOCKHEED MARTIN CORP COM	put	75,800	$36.8M	new
SBUXSTARBUCKS CORP COM	put	400,900	$36.6M	new
ETNEATON CORP PLC COM	put	100,000	$33.2M	new
PINSPINTEREST INC Stock	call	1,100,000	$31.9M	+139,700
LLYELI LILLY & CO COM	call	40,000	$30.9M	new
GDXVANECK ETF TRUST GOLD MINERS ETF	put	900,000	$30.5M	0
FXIISHARES TR CHINA LG-CAP ETF	call	1,000,000	$30.4M	new
DXCMDEXCOM INC Stock	put	390,000	$30.3M	new
KRESPDR SERIES TRUST ST STR SP REGBNK	call	500,000	$30.2M	new
NFLXNETFLIX INC. COM	put	32,000	$28.5M	-3,000
FDXFEDEX CORP Stock	call	100,000	$28.1M	new
AALAMERICAN AIRLINES GROUP INC Stock	put	1,594,300	$27.8M	0
MSFTMICROSOFT CORP COM	call	65,000	$27.4M	-40,200
WMTWALMART INC COM	put	300,000	$27.1M	+185,000
IBITISHARES BITCOIN TRUST ETF SHS	put	500,000	$26.5M	new
FSLRFIRST SOLAR INC Stock	put	150,000	$26.4M	new
FDXFEDEX CORP Stock	put	90,000	$25.3M	+40,000
BIDUBAIDU INC ADR	put	300,000	$25.3M	new
CRMSALESFORCE INC COM	call	75,000	$25.1M	+51,800
QQQINVESCO QQQ TR COM	call	45,400	$23.2M	0
AVGOBROADCOM INC COM	put	100,000	$23.2M	-1,240,000
NFLXNETFLIX INC. COM	call	25,500	$22.7M	-9,500
SNOWSNOWFLAKE INC Stock	put	140,000	$21.6M	new
CCITIGROUP INC COM	put	299,900	$21.1M	new
MRNAMODERNA INC COM	put	500,000	$20.8M	new
ADBEADOBE INC COM	put	45,600	$20.3M	new
AEPAMERICAN ELEC PWR CO INC Stock	put	200,000	$18.4M	new
TLTISHARES TR 20 YR TR BD ETF	call	200,000	$17.5M	new
CPRICAPRI HOLDINGS LIMITED SHS	call	812,500	$17.1M	-143,400
GDXVANECK ETF TRUST GOLD MINERS ETF	call	500,000	$17M	0

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
ROYAL CARIBBEAN GROUPROYAL CARIBBEAN GROUP NOTE 6.000% 8/1	principal	124,686,000	$578M	+53,253,000
CNX RES CORPCNX RES CORP NOTE 2.250% 5/0	principal	113,473,000	$325M	+5,173,000
FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0	principal	302,387,000	$304M	+30,000,000
TRANSOCEAN INCTRANSOCEAN INC DEB 4.625% 9/3	principal	120,466,000	$163M	-350,000
PG&E CORPPG&E CORP NOTE 4.250%12/0	principal	141,500,000	$154M	new
TRANSOCEAN INCTRANSOCEAN INC DEB 4.000%12/1	principal	114,057,000	$121M	0
SOUTHERN COSOUTHERN CO NOTE 3.875%12/1	principal	109,340,000	$115M	+12,500,000
BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2	principal	95,500,000	$97.7M	+23,000,000
DEXCOM INCDEXCOM INC NOTE 0.250%11/1	principal	84,678,000	$81.6M	+59,678,000
INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0	principal	31,000,000	$77.9M	0
DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1	principal	67,704,000	$65.4M	+43,000,000
ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3	principal	55,640,960	$59M	new
ZSCALER INCZSCALER INC NOTE 0.125% 7/0	principal	41,571,000	$51.6M	+20,122,000
RINGCENTRAL INCRINGCENTRAL INC NOTE 3/1	principal	52,156,000	$48.6M	-2,500,000
MICROSTRATEGY INCMICROSTRATEGY INC NOTE 2/1	principal	23,397,000	$48.4M	new
VERINT SYSTEMS INCVERINT SYSTEMS INC BOND	principal	45,913,000	$43.3M	0
DEXCOM INCDEXCOM INC NOTE 0.375% 5/1	principal	46,000,000	$41.3M	0
VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0	principal	43,236,000	$41M	+5,000,000
ETSY INCETSY INC NOTE 0.250% 6/1	principal	45,103,000	$37.1M	+8,000,000
DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV	principal	36,060,000	$32.1M	0
RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1	principal	20,000,000	$17.9M	new
NCL CORP LTDNCL CORP LTD NOTE 2.500% 2/1	principal	14,000,000	$14.7M	+2,500,000
AIRBNB INCAIRBNB INC CLASS A	principal	15,000,000	$14.1M	0
OMNICELL COMOMNICELL COM NOTE 0.250% 9/1	principal	11,014,000	$10.6M	-37,654,000
INFINERA CORPINFINERA CORP BOND	principal	3,900,000	$4.55M	-10,800,000

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

The largest 100 of 303. All 303

Security	Shares before	Value before	Type
GOOGALPHABET INC	1,560,000	$261M	put
QQQINVESCO QQQ TR	432,963	$211M	shares
SPYSTATE STR SPDR S&P 500 ETF T	330,000	$189M	call
DISH NETWORK CORPORATIONDISH NETWORK CORPORATION	158,130,000	$137M	principal
ORCLORACLE CORP	767,200	$131M	call
JNJJOHNSON & JOHNSON	500,000	$81M	put
CATALENT INC USD 0.01CATALENT INC USD 0.01	1,118,269	$67.7M	shares
CITHE CIGNA GROUP	175,000	$60.6M	shares
CITHE CIGNA GROUP	175,000	$60.6M	put
ADPAUTOMATIC DATA PROCESSING IN	181,000	$50.1M	shares
ADPAUTOMATIC DATA PROCESSING IN	181,000	$50.1M	put
TGTTARGET CORP	269,900	$42.1M	call
PYPLPAYPAL HLDGS INC	525,000	$41M	call
AVGOBROADCOM INC	215,000	$37.1M	call
ARCH RESOURCES INCARCH RESOURCES INC	267,500	$37M	call
CPRICAPRI HOLDINGS LIMITED	850,000	$36.1M	shares
LINELINEAGE INC	450,000	$35.3M	shares
CMACOMERICA INC	581,215	$34.8M	shares
MMM3M CO	250,000	$34.2M	put
BXPBXP INC	412,536	$33.2M	shares
CSCOCISCO SYS INC	611,600	$32.5M	call
PEPPEPSICO INC	173,200	$29.5M	call
SPGIS&P GLOBAL INC	52,480	$27.1M	shares
KLACKLA CORP	35,000	$27.1M	shares
KLACKLA CORP	35,000	$27.1M	put
INTCINTEL CORP	1,120,000	$26.3M	call
XLUSELECT SECTOR SPDR TR	325,000	$26.3M	put
FCXFREEPORT MCMORAN INC	525,000	$26.2M	call
FCXFREEPORT MCMORAN INC	500,000	$25M	put
CVXCHEVRON CORPORATION	165,000	$24.3M	call
CEGCONSTELLATION ENERGY CORP	90,000	$23.4M	put
UBERUBER TECHNOLOGIES INC	300,000	$22.5M	call
CSCOCISCO SYS INC	411,300	$21.9M	put
MMM3M CO	160,000	$21.9M	call
UDRUDR INC	464,654	$21.1M	shares
DEDEERE & CO	50,000	$20.9M	call
SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC	50,000	$20.8M	shares
SBACSBA COMMUNICATIONS CORP	85,317	$20.5M	shares
GSGOLDMAN SACHS GROUP INC	40,000	$19.8M	shares
CVXCHEVRON CORPORATION	130,000	$19.1M	put
ITBISHARES TR	150,000	$19.1M	put
ITBISHARES TR	150,000	$19.1M	call
TXNTEXAS INSTRS INC	90,900	$18.8M	call
POWERSCHOOL HOLDINGS INCPOWERSCHOOL HOLDINGS INC	806,920	$18.4M	shares
STERICYCLE INCSTERICYCLE INC	300,100	$18.3M	shares
IBBISHARES TR	120,000	$17.5M	call
CNPCENTERPOINT ENERGY INC	569,108	$16.7M	shares
PNWPINNACLE WEST CAP CORP	178,247	$15.8M	shares
CMACOMERICA INC	250,000	$15M	put
RDNRADIAN GROUP INC	425,000	$14.7M	shares
IWMISHARES TR	66,500	$14.7M	call
XOPSPDR SERIES TRUST	110,000	$14.5M	put
SIRISIRIUSXM HOLDINGS INC	600,000	$14.2M	call
PGPROCTER & GAMBLE CO	80,000	$13.9M	shares
RLRALPH LAUREN CORP	71,300	$13.8M	call
RGAREINSURANCE GROUP AMER INC	60,000	$13.1M	shares
EDCONSOLIDATED EDISON INC	123,216	$12.8M	shares
APTIV IRISH HOLDINGS LTDAPTIV IRISH HOLDINGS LTD	171,463	$12.3M	shares
UNPUNION PAC CORP	50,000	$12.3M	put
FAFFIRST AMERN FINL CORP	181,178	$12M	shares
BXBLACKSTONE INC	75,000	$11.5M	shares
CZRCAESARS ENTERTAINMENT INC NE	275,000	$11.5M	put
PEGPUBLIC SVC ENTERPRISE GROUP	126,319	$11.3M	shares
XHBSPDR SERIES TRUST	89,948	$11.2M	shares
FDSFACTSET RESH SYS INC	24,000	$11M	shares
MRVLMARVELL TECHNOLOGY INC	150,000	$10.8M	put
MRVLMARVELL TECHNOLOGY INC	150,000	$10.8M	call
WALWESTERN ALLIANCE BANCORP	125,000	$10.8M	shares
MTCHMATCH GROUP INC NEW	277,029	$10.5M	shares
AXONICS INCAXONICS INC	150,580	$10.5M	shares
GTYGETTY RLTY CORP NEW	328,832	$10.5M	shares
JBHTHUNT J B TRANS SVCS INC	60,000	$10.3M	put
PFGPRINCIPAL FINANCIAL GROUP IN	120,000	$10.3M	shares
DKNGDRAFTKINGS INC NEW	260,278	$10.2M	shares
BBYBEST BUY INC	96,462	$9.96M	shares
AIZASSURANT INC	50,000	$9.94M	shares
CATCATERPILLAR INC	25,000	$9.78M	put
CATCATERPILLAR INC	25,000	$9.78M	call
CARRCARRIER GLOBAL CORPORATION	119,153	$9.59M	shares
DELLDELL TECHNOLOGIES INC	80,803	$9.58M	shares
SPGSIMON PPTY GROUP INC NEW	54,500	$9.21M	shares
WYNNWYNN RESORTS LTD	95,000	$9.11M	put
GLWCORNING INC	200,000	$9.03M	call
LUVSOUTHWEST AIRLS CO	284,200	$8.42M	call
KRKROGER CO	144,600	$8.29M	call
KRESPDR SERIES TRUST	146,000	$8.26M	put
USFDUS FOODS HLDG CORP	133,645	$8.22M	shares
MOUNTAIN & CO I ACQUISI…MOUNTAIN & CO I ACQUISITN CO	692,125	$8.13M	shares
SHOPSHOPIFY INC	100,648	$8.07M	shares
SLMSLM CORP	350,000	$8M	shares
CNMCORE & MAIN INC	180,000	$7.99M	shares
TAT&T INC	360,000	$7.92M	call
RACEFERRARI N V	16,000	$7.52M	put
IPINTERNATIONAL PAPER CO	150,000	$7.33M	call
NCL CORP LTDNCL CORP LTD	7,500,000	$7.28M	principal
HRLHORMEL FOODS CORP	226,910	$7.19M	shares
EQV VENTURES ACQUISITION COREQV VENTURES ACQUISITION COR	692,000	$6.87M	shares
GILDGILEAD SCIENCES INC	80,853	$6.78M	shares
GMGENERAL MTRS CO	150,500	$6.75M	put
FXIISHARES TR	210,000	$6.67M	shares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0002033916-25-000027	base		2025-02-14	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC