13F-HR 1 d13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2010 Check here if Amendment [_]; Amendment Number: ------------------ This Amendment (Check only one.): [_] is a restatement. [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Hudson Bay Capital Management LP Address: 120 Broadway, 40th Floor New York, New York 10271 Form 13F File Number: 028-12909 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Charles Winkler Title: Chief Operating Officer Phone: (212) 571-1244 Signature, Place, and Date of Signing: /s/ Charles Winkler New York, NY 05/17/10 -------------------------- ------------------------- ------------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 111 Form 13F Information Table Value Total: $610,544 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- -------------------- ---------- -------- ---------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ----------- --- ---- ---------- -------- ---------- ------ ---- 3COM CORP COM 885535104 20,810 2,706,150 SH SOLE 2,706,150 3COM CORP COM 885535954 64 1,950,000 SH PUT SOLE 1,950,000 A POWER ENERGY GENERAT SYS L COM G04136100 17,014 1,592,523 SH SOLE 1,216,609 A POWER ENERGY GENERAT SYS L COM G04136900 31 225,400 SH CALL SOLE 225,400 AIRGAS INC COM 009363902 46 114,100 SH CALL SOLE 114,100 AIRVANA INC COM 00950V101 1,735 226,456 SH SOLE 226,456 AKAMAI TECHNOLOGIES INC NOTE 1.000%12/1 00971TAE1 35,589 17,500,000 PRN SOLE 17,500,000 ALCON INC COM SHS H01301102 9,733 60,241 SH SOLE 60,241 ALCON INC COM H01301902 876 135,000 SH CALL SOLE 135,000 ALCON INC COM H01301952 44 118,000 SH PUT SOLE 118,000 ALLIED CAP CORP NEW COM 01903Q108 9,506 1,912,650 SH SOLE 1,912,650 ANNALY CAP MGMT INC NOTE 4.000% 2/1 035710AA0 22,206 22,000,000 PRN SOLE 22,000,000 ANTIGENICS INC DEL COM 037032109 61 83,333 SH SOLE 83,333 ATLANTIC TELE NETWORK INC COM NEW 049079205 2,742 61,026 SH SOLE 61,026 BAKER HUGHES INC COM 057224107 1,564 33,397 SH SOLE 33,397 BAKER HUGHES INC COM 057224957 41 21,200 SH PUT SOLE 21,200 BELL MICROPRODUCTS INC COM 078137106 2,094 300,000 SH SOLE 300,000 BERKSHIRE HATHAWAY INC DEL CL A 084670108 32,399 266 SH SOLE 266 BJ SVCS CO COM 055482103 315 14,720 SH SOLE 14,720 BJ SVCS CO COM 055482953 23 28,400 SH PUT SOLE 28,400 BPW ACQUISITION CORP COM 055637102 9,575 769,100 SH SOLE 769,100 BPW ACQUISITION CORP *W EXP 02/26/201 055637110 232 137,500 SH SOLE 137,500 BRINKS HOME SEC HLDGS INC COM 109699108 12,883 302,778 SH SOLE 302,778 BRISTOW GROUP INC NOTE 3.000% 6/1 110394AC7 12,543 14,121,000 PRN SOLE 14,121,000
CAMERON INTERNATIONAL CORP COM 13342B105 246 5,750 SH SOLE 5,750 CAMERON INTERNATIONAL CORP COM 13342B955 13 16,100 SH PUT SOLE 16,100 CAPITAL ONE FINL CORP *W EXP 11/14/201 14040H139 1,176 74,670 SH SOLE 74,670 CARDIUM THERAPEUTICS INC COM 141916106 92 208,509 SH SOLE 208,509 CELL THERAPEUTICS INC COM NO PAR 150934503 5,926 10,960,557 SH SOLE 10,960,557 CHINA ARMCO METALS INC COM 16936C108 939 100,000 SH SOLE 100,000 CHINA TECH DEVELOPMENT GP CO SHS G84384109 179 60,000 SH SOLE 60,000 CKE RESTAURANTS INC COM 12561E105 5,139 464,200 SH SOLE 464,200 CMS ENERGY CORP NOTE 2.875%12/0 125896AW0 39,962 32,996,000 PRN SOLE 32,996,000 CNX GAS CORP COM 12618H309 533 14,000 SH SOLE 14,000 COCA COLA ENTERPRISES INC COM 191219104 10,227 369,748 SH SOLE 369,748 CORRIENTE RES INC COM NEW 22027E409 15,586 1,929,400 SH SOLE 1,929,400 CURRENCYSHARES EURO TR EURO SHS 23130C108 1,490 11,060 SH SOLE 11,060 CURRENCYSHARES EURO TR COM 23130C958 44 23,200 SH PUT SOLE 23,200 CYTORI THERAPEUTICS INC *W EXP 09/13/201 23283K113 483 173,605 SH SOLE 173,605 DEAN FOODS CO NEW COM 242370904 2 30,000 SH CALL SOLE 30,000 DIAMOND OFFSHORE DRILLING IN COM 25271C102 202 2,280 SH SOLE 2,280 DIAMOND OFFSHORE DRILLING IN COM 25271C952 8 10,900 SH PUT SOLE 10,900 DIEDRICH COFFEE INC COM NEW 253675201 3,889 111,743 SH SOLE 111,743 ENSCO INTL PLC COM 29358Q959 12 10,900 SH PUT SOLE 10,900 FACET BIOTECH CORP SHS 30303Q103 3,352 124,200 SH SOLE 124,200 FIRST NIAGARA FINL GP INC COM 33582V108 2,139 150,409 SH SOLE 150,409 FORD MTR CO DEL NOTE 4.250%11/1 345370CN8 14,968 10,000,000 PRN SOLE 10,000,000 FORD MTR CO DEL NOTE 4.250%12/1 345370CF5 12,103 8,090,000 PRN SOLE 8,090,000 GENVEC INC COM 37246C109 525 672,800 SH SOLE 672,800 HALLIBURTON CO COM 406216101 606 20,103 SH SOLE 20,103 HALLIBURTON CO COM 406216951 38 44,600 SH PUT SOLE 44,600 HECLA MNG CO 6.5% CONV PFD 422704304 2,429 41,100 SH SOLE 41,100 ICO INC NEW COM 449293109 4,251 526,125 SH SOLE 526,125 INFOGROUP INC COM 45670G108 3,246 416,192 SH SOLE 416,192
INTERACTIVE DATA CORP COM 45840J107 5,160 161,259 SH SOLE 161,259 INVITROGEN CORP NOTE 2.000% 8/0 46185RAJ9 60,125 39,149,000 PRN SOLE 39,149,000 ISTAR FINL INC FRNT 10/0 45031UBF7 30,792 40,784,000 SH SOLE 40,784,000 L & L ENERGY INC COM 50162D100 944 78,000 SH SOLE 78,000 MCDERMOTT INTL INC COM 580037109 808 30,000 SH SOLE 30,000 MILLIPORE CORP COM 601073109 13,200 125,000 SH SOLE 125,000 MILLIPORE CORP COM 601073959 3 35,000 SH PUT SOLE 35,000 NABORS INDUSTRIES LTD SHS G6359F103 288 14,677 SH SOLE 14,677 NABORS INDUSTRIES LTD COM G6359F953 29 24,300 SH PUT SOLE 24,300 NATIONAL OILWELL VARCO INC COM 637071101 495 12,189 SH SOLE 12,189 NATIONAL OILWELL VARCO INC COM 637071951 38 18,100 SH PUT SOLE 18,100 NAVIOS MARITIME ACQUIS CORP SHS Y62159101 418 42,300 SH SOLE 42,300 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 367 8,764 SH SOLE 8,764 NOBLE CORPORATION BAAR COM H5833N953 18 22,200 SH PUT SOLE 22,200 OCCULOGIX INC COM NEW 67461T206 1,524 584,098 SH SOLE 584,098 OILSANDS QUEST INC *W EXP 05/12/201 678046129 82 409,400 SH SOLE 409,400 OXIGENE INC COM 691828107 2,500 2,192,981 SH SOLE 2,192,981 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 24,858 558,735 SH SOLE 558,735 PETROLEO BRASILEIRO SA PETRO COM 71654V901 18 400,000 SH CALL SOLE 400,000 PETROLEO BRASILEIRO SA PETRO COM 71654V958 12,745 1,561,100 SH PUT SOLE 1,561,100 PILGRIMS PRIDE CORP NEW COM 72147K108 2,919 274,326 SH SOLE 274,326 POLYCOM INC COM 73172K954 8 10,000 SH PUT SOLE 10,000 POWERSHARES QQQ TRUST COM 73935A904 13 123,000 SH CALL SOLE 123,000 POWERSHARES QQQ TRUST COM 73935A954 1 60,000 SH PUT SOLE 60,000 POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 1,555 65,345 SH SOLE 65,345 PROLOGIS NOTE 1.875%11/1 743410AR3 1,885 2,000,000 PRN SOLE 2,000,000 PROLOGIS NOTE 2.250% 4/0 743410AQ5 12,176 12,490,000 PRN SOLE 12,490,000 PROLOGIS NOTE 2.625% 5/1 743410AS1 21,769 23,039,000 PRN SOLE 23,039,000 PSYCHIATRIC SOLUTIONS INC COM 74439H908 233 300,000 SH CALL SOLE 300,000 QUANTUM FUEL SYS TECH WORLDW COM 74765E109 174 259,647 SH SOLE 259,647 RISKMETRICS GROUP INC COM 767735103 6,177 273,189 SH SOLE 273,189
xt SARA LEE CORP COM 803111103 1,546 111,000 SH SOLE 111,000 SATCON TECHNOLOGY CORP COM 803893106 76 31,200 SH SOLE 31,200 SCHLUMBERGER LTD COM 806857108 492 7,759 SH SOLE 7,759 SCHLUMBERGER LTD COM 806857958 26 22,200 SH PUT SOLE 22,200 SINOHUB INC COM 82935L101 81 25,334 SH SOLE 25,334 SINOCOKING COAL & COKE CH IN COM 829357102 2,750 500,000 SH SOLE 500,000 SMITH INTL INC COM 832110100 1,965 45,883 SH SOLE 45,883 SMITH INTL INC COM 832110950 12 16,100 SH PUT SOLE 16,100 SPDR S&P 500 ETF TR UNIT SER 1 S&P 78462F103 6,230 53,250 SH SOLE 53,250 SPORT SUPPLY GROUP INC DEL COM 84916A104 1,804 134,194 SH SOLE 134,194 SWITCH & DATA FACILITIES COM COM 871043105 641 36,082 SH SOLE 36,082 TALBOTS INC COM 874161102 3,891 300,253 SH SOLE 300,253 TERRA INDS INC COM 880915103 19,906 435,000 SH SOLE 435,000 TRANSOCEAN LTD REG SHS H8817H100 326 3,774 SH SOLE 3,774 TRANSOCEAN LTD COM H8817H950 15 22,300 SH PUT SOLE 22,300 UAL CORP NOTE 6.000%10/1 902549AJ3 25,298 10,500,000 PRN SOLE 10,500,000 U S GEOTHERMAL INC COM 90338S102 206 238,095 SH SOLE 238,095 UNITED STATES NATL GAS FUND UNIT 912318102 760 109,963 SH SOLE 109,963 VALEANT PHARMACEUTICALS INTL COM 91911X104 2,575 60,000 SH SOLE 60,000 VERIZON COMMUNICATIONS INC COM 92343V104 1,504 48,500 SH SOLE 48,500 VERIZON COMMUNICATIONS INC COM 92343V954 539 50,000 SH PUT SOLE 50,000 VIRNETX HOLDING CORP COM 92823T108 721 150,178 SH SOLE 150,178 WEATHERFORD INTERNATIONAL LT REG H27013103 346 21,797 SH SOLE 21,797 WEATHERFORD INTERNATIONAL LT COM H27013953 30 36,400 SH PUT SOLE 36,400 XTO ENERGY INC COM 98385X106 15,551 329,602 SH SOLE 329,602 ZENITH NATL INS CORP COM 989390909 6 57,400 SH CALL SOLE 57,400