0001193125-11-216136.txt : 20110809 0001193125-11-216136.hdr.sgml : 20110809 20110809140326 ACCESSION NUMBER: 0001193125-11-216136 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110809 DATE AS OF CHANGE: 20110809 EFFECTIVENESS DATE: 20110809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hudson Bay Capital Management, L.P. CENTRAL INDEX KEY: 0001393825 IRS NUMBER: 371511173 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12909 FILM NUMBER: 111020107 BUSINESS ADDRESS: STREET 1: 120 BROADWAY, 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10271 BUSINESS PHONE: 212-571-1244 MAIL ADDRESS: STREET 1: 120 BROADWAY, 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10271 13F-HR 1 d13fhr.txt FORM 13-F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 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 8/9/11 -------------------------- ------------------------ ------------------------ [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: 170 Form 13F Information Table Value Total: $1,268,943 (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 -------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ------ ---------- ------ ABINGTON BANCORP INC COM 00350L109 10,369 994,168 SH SOLE 994,168 ADVANCED ANALOGIC TECHNOLOGI COM 00752J108 4,138 683,364 SH SOLE 683,364 AGFEED INDUSTRIES INC COM 00846L101 47 38,965 SH SOLE 38,965 AGL RESOURCES INC COM 001204106 7,560 185,708 SH SOLE 185,708 AMERICAN MEDICAL SYSTEMS 3.25 7/1/2036 PRN 02744MAA6 20,227 13,000,000 PRN SOLE 13,000,000 AMERISOURCEBERGEN CORP COM 03073E105 994 24,000 SH SOLE 24,000 ASHLAND INC COM 044209104 630 9,746 SH SOLE 9,746 AUSTRALIA ACQUISITION CORP COM G06368107 365 37,600 SH SOLE 37,600 BANCORP RHODE ISLAND INC COM 059690107 8,489 187,322 SH SOLE 187,322 BANK OF AMERICA CORP COM 060505904 19,523 1,781,300 SH CALL SOLE 1,781,300 BANK OF AMERICA CORP COM 060505954 10,948 998,900 SH PUT SOLE 998,900 BANK OF AMERICA CORP COM 060505104 6,968 635,756 SH SOLE 635,756 BANK OF AMERICA *W EXP CORP-CW19 B 10/28/201 060505153 1,142 656,558 PRN SOLE 656,558 BAXTER INTL STK COM 071813109 2,985 50,000 SH SOLE 50,000 BEACON POWER CORPORATION COM NEW 073677205 25 21,217 SH SOLE 21,217 BEAZER HOMES USA 7.25% PFD UNIT 99/99/9999 07556Q501 3,695 225,600 PRN SOLE 225,600 BIG LOTS INC COM 089302903 45,737 1,379,700 SH CALL SOLE 1,379,700 BIOLASE TECHNOLOGY INC RSTD COM 090911108 220 45,046 SH SOLE 45,046 BIONOVO INC COM 090643206 130 170,800 SH SOLE 170,800 BJS WHOLESALE - BJ COM 05548J906 15,749 312,800 SH CALL SOLE 312,800 BJS WHOLESALE - BJ COM 05548J956 3,847 76,400 SH PUT SOLE 76,400 BJS WHOLESALE - BJ COM 05548J106 6,430 127,700 SH SOLE 127,700 BUCYRUS INTERNATIONAL INC-A COM 118759909 24,629 268,700 SH CALL SOLE 268,700 BUCYRUS INTERNATIONAL INC-A COM 118759109 40,109 437,588 SH SOLE 437,588

CA INC COM 12673P105 1,416 62,000 SH SOLE 62,000 CAPITAL ONE FINANCIAL *W EXP C-CW18 11/14/201 14040H139 1,999 95,009 PRN SOLE 95,009 CATALYST PHARMACEUTICAL PART COM 14888U101 1,285 683,429 SH SOLE 683,429 CELL GENESYS INC 3.125 05/01/13 PRN 150921AC8 2,044 2,470,000 PRN SOLE 2,470,000 CELL THERAPEUTICS COM 150934952 45 28,800 SH PUT SOLE 28,800 CELL THERAPEUTICS COM NO PAR NEW ADDED 150934602 4,319 2,742,539 SH SOLE 2,742,539 CEPHALON INC - CEPH COM 156708909 45,511 569,600 SH CALL SOLE 569,600 CEPHALON INC - CEPH COM 156708109 4,794 60,000 SH SOLE 60,000 CITIGROUP INC COM 172967904 562 13,500 SH CALL SOLE 13,500 CITIGROUP INC COM 172967954 670 16,100 SH PUT SOLE 16,100 CLEAN ENERGY FUELS CORP COM 184499951 258 19,600 SH PUT SOLE 19,600 CLEVELAND BIOLABS INC COM 185860103 211 61,934 SH SOLE 61,934 CMS ENERGY CORP 2.875 12/1/2024 PRN 125896AW0 65,354 42,519,000 PRN SOLE 42,519,000 COMERICA INC-CW18 *W EXP 11/14/201 200340115 179 16,039 PRN SOLE 16,039 CONAGRA INC COM 205887102 7,385 286,147 SH SOLE 286,147 COOPER COS STK COM 216648402 1,469 18,540 SH SOLE 18,540 CYTORI THERAPEUTICS INC *W EXP 09/13/201 23283K113 322 106,326 PRN SOLE 106,326 DANVERS BANCORP INC COM 236442109 892 40,955 SH SOLE 40,955 DAYTON P & L STK COM 233293109 10,732 355,834 SH SOLE 355,834 DERMA SCIENCES INC RSTD COM PAR $.01 249827502 3,182 363,636 SH SOLE 363,636 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743905 6,106 82,800 SH CALL SOLE 82,800 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 5,467 74,134 SH SOLE 74,134 EASTMAN KODAK COM 277461959 1,217 340,000 SH PUT SOLE 340,000 EASTMAN KODAK - EK COM 277461109 458 127,890 SH SOLE 127,890 EL PASO CORPORATION COM 28336L109 4,286 212,200 SH SOLE 212,200 EMS TECHNOLOGIES INC COM 26873N108 560 16,986 SH SOLE 16,986 EPICEPT CORP COM 294264304 1,072 1,995,376 SH SOLE 1,995,376 EXCO RESOURCES INC COM 269279402 586 33,219 SH SOLE 33,219 FEDERAL MOGUL CORP CL A COM 313549404 1,712 75,000 SH SOLE 75,000 FPIC INSURANCE GROUP INC COM 302563101 7,968 191,165 SH SOLE 191,165 GENERAL MOTORS-CW19 *W EXP 07/10/201 ADDED 37045V126 1,228 77,076 PRN SOLE 77,076 GEN-PROBE INC COM 36866T903 12,240 177,000 SH CALL SOLE 177,000 GLOBAL INDEMNITY PLC COM G39319101 4,842 218,301 SH SOLE 218,301 GLOBECOMM SYSTEMS INC COM 37956X103 3,359 215,890 SH SOLE 215,890 GRAHAM PACKAGING CO INC COM 384701108 9,120 361,627 SH SOLE 361,627 HARBIN ELECTRIC INC COM 41145W959 1,512 100,000 SH PUT SOLE 100,000 HARTFORD FINANCIAL SV-CW19 *W EXP 06/26/201 416515120 22,332 1,248,291 PRN SOLE 1,248,291 HECKMANN CORP-CW11 *W EXP 11/09/201 422680116 65 143,983 PRN SOLE 143,983 HERTZ GLOBAL HOLDINGS IN 5.25 6/1/2014 PRN 42805TAA3 2,039 1,000,000 PRN SOLE 1,000,000 HOLOGIC INC COM 436440101 2,017 100,000 SH SOLE 100,000 HYPERCOM CORP COM 44913M105 13,738 1,397,601 SH SOLE 1,397,601 INTERMUNE PHARMACEUTICALS COM 45884X903 5,897 164,500 SH CALL SOLE 164,500 INTERNATIONAL PAPER COM 460146103 2,087 70,000 SH SOLE 70,000 IRIDIUM *W EXP COMMUNICATIONS-CW13 02/14/201 46269C110 39 13,854 PRN SOLE 13,854 JP MORGAN CHASE & CO COM 46625H950 1,343 32,800 SH PUT SOLE 32,800 JPM 42.42 STRIKE WARRANT *W EXP 10/28/2018 10/28/201 4.66E+118 515 38,213 PRN SOLE 38,213 KINETIC CONCEPTS INC COM 49460W208 2,536 44,000 SH SOLE 44,000 KV PHARMACEUTICALS RESTD CL A 482740206 2,326 900,000 SH SOLE 900,000 KV PHARMACEUTICALS RESTD CL A 482740206 258 100,000 SH SOLE 100,000 L-3 COMMUNICATIONS CORP 3 8/1/2035 REGD PRN 502413AW7 20,362 20,000,000 PRN SOLE 20,000,000 L-3 COMMUNICATIONS CORP 3 8/1/2035 REGD PRN 502413AW7 17,817 17,500,000 PRN SOLE 17,500,000 LAWSON SOFTWARE COM 52078P102 17,298 1,541,742 SH SOLE 1,541,742 LIFE TECHNOLOGIES CORP COM 53217V959 10,607 203,700 SH PUT SOLE 203,700 LINCARE HOLDINGS INC 2.75 11/01/37 * PRN 532791AF7 36,452 31,000,000 PRN SOLE 31,000,000 LINCOLN NATIONAL *W EXP CORP-CW19 10.905 07/10/201 534187117 20,765 1,026,942 PRN SOLE 1,026,942 LOOPNET INC COM 543524300 3,918 213,175 SH SOLE 213,175 LORAL SPACE AND COMM COM 543881106 6,822 98,200 SH SOLE 98,200 LUBRIZOL STK COM 549271904 9,412 70,100 SH CALL SOLE 70,100 LUBRIZOL STK COM 549271104 42,285 314,922 SH SOLE 314,922 MAGIC SOFTWARE COM 559166103 2,331 468,016 SH SOLE 468,016 MARATHON OIL COM 565849906 3,688 70,000 SH CALL SOLE 70,000 MARINA BIOTECH INC COM 56804Q102 13 65,999 SH SOLE 65,999 MARSHALL & ILSLEY COM 571837103 20,016 2,511,361 SH SOLE 2,511,361 MARSHALL EDWARDS INC RESTD COM 572322402 410 417,609 SH SOLE 417,609 MEDGENICS INC-CW16 *W EXP 03/31/201 ADDED 58436Q112 94 75,100 PRN SOLE 75,100 MEDIAMIND TECHOLOGIES INC COM 58449C100 2,056 93,700 SH SOLE 93,700 MEDICIS PHARMACE 2.5% 06/04/32 PRN 58470KAA2 9,147 6,807,000 PRN SOLE 6,807,000 MGIC INVESTMENT CORP 5 5/1/2017 PRN 552848AD5 25,586 28,500,000 PRN SOLE 28,500,000 MICRON TECH 4.25 NOTE 10/15/2013 4.250%10/1 595112AJ2 35,826 22,000,000 PRN SOLE 22,000,000 MOLSON COORS BREWING CO COM 60871R909 6,711 150,000 SH CALL SOLE 150,000 MORGAN STANLEY COM 617446958 410 17,800 SH PUT SOLE 17,800 MORTONS RESTAURANT GROUP COM 619430101 362 50,025 SH SOLE 50,025 NABI BIOPHARMACEUTICALS COM 629519909 121 22,400 SH CALL SOLE 22,400 NABI BIOPHARMACEUTICALS COM 629519109 1,676 311,600 SH SOLE 311,600 NATIONAL SEMICONDUCTOR COM 637640103 6,440 261,700 SH SOLE 261,700 NATIONAL SEMICONDUCTOR CORP COM 637640903 52,026 2,114,000 SH CALL SOLE 2,114,000 NATIONWIDE HLTH STK COM 638620104 12,274 296,404 SH SOLE 296,404 NYSE EURONEXT COM 629491101 6,753 197,054 SH SOLE 197,054 ODYSSEY MARINE EXPLORATION COM 676118952 313 100,000 SH PUT SOLE 100,000 ODYSSEY MARINE EXPLORATION COM 676118102 998 318,700 SH SOLE 318,700 ONCOTHYREON INC COM 682324108 251 27,290 SH SOLE 27,290 ONLINE RESOURCES CORP COM 68273G101 739 226,596 SH SOLE 226,596 OPTIONSXPRESS HOLDINGS INC COM 684010101 11,581 694,334 SH SOLE 694,334 PACIFIC ETHANOL INC COM 69423U2PS 196 181,566 SH SOLE 181,566 PHARMASSET INC COM 71715N106 1,403 12,500 SH SOLE 12,500 PIONEER NATURAL RESOURCE NOTE 2.875% 2.875 1/15/2038 1/1 723787AH0 7,743 5,000,000 PRN SOLE 5,000,000 PLUG POWER INC COM 72919P202 1,277 575,335 SH SOLE 575,335 PMI GROUP INC 4.5 4/15/2020 PRN 69344MAK7 22,406 43,430,000 PRN SOLE 43,430,000 POWERSHARES DB US DLR BULLISH COM 73936D107 1,866 88,000 SH CALL SOLE 88,000 PROGRESS ENERGY INC COM 743263105 4,136 86,141 SH SOLE 86,141 QIAGEN N.V. COM N72482907 228 12,000 SH CALL SOLE 12,000 RADIAN GROUP INC 3 11/15/17 PRN 750236AK7 36,874 50,801,000 PRN SOLE 50,801,000 RAIT FINANCIAL TRUST 7 DEBT 7.000% 04/01/31 4/0 749227AA2 2,007 2,000,000 PRN SOLE 2,000,000 RALCORP STK COM 751028101 302 3,489 SH SOLE 3,489 RAMBUS INC COM 750917106 1,458 99,350 SH SOLE 99,350 RAPTOR PHARMACEUTICAL CORP COM 75382F106 126 20,350 SH SOLE 20,350 REGIONS FINANCIAL CORP COM 7591EP950 64 10,300 SH PUT SOLE 10,300 RITE AID CORP COM 767754104 331 248,800 SH SOLE 248,800 RURAL/METRO CORP COM 781748108 15,316 888,403 SH SOLE 888,403 SANOFI CVR RTS RIGHT 12/31/2020 ADDED 80105N113 2,247 932,400 PRN SOLE 932,400 SAVVIS COMMUNICATIONS CORP COM 805423308 36,503 923,420 SH SOLE 923,420 SEALY CORP 8% 7/15/16 SR SECD SERIES PFD 3RD 8% 812139400 10,678 139,728 PRN SOLE 139,728 SEMGROUP CORP-CLASS A COM 81663A105 2,896 112,800 SH SOLE 112,800 SEMICONDUCTOR HLDRS TR COM 816636953 2,624 77,000 SH PUT SOLE 77,000 SILGAN HOLDINGS INC COM 827048909 1,717 41,900 SH CALL SOLE 41,900 SILGAN HOLDINGS INC COM 827048959 3,347 81,700 SH PUT SOLE 81,700 SIRONA DENTAL SYSTEMS INC COM 82966C103 2,496 47,000 SH SOLE 47,000 SKILLED HEALTHCARE GROU-CL A COM 83066R107 2,162 228,540 SH SOLE 228,540 SOLUTIA INC-W/I-CW13 *W EXP 02/27/201 834376147 357 169,020 PRN SOLE 169,020 SOUTHERN UNION CO COM 844030906 8,030 200,000 SH CALL SOLE 200,000 SOUTHERN UNION CO COM 844030956 6,055 150,800 SH PUT SOLE 150,800 SOUTHERN UNION STK COM 844030106 402 10,000 SH SOLE 10,000 SPDR TRUST SERIES I COM 78462F903 33,586 254,500 SH CALL SOLE 254,500 SRA INTL INC -CL A COM 78464R105 1,546 50,000 SH SOLE 50,000 STEMCELLS INC COM 85857R204 1,312 2,474,904 SH SOLE 2,474,904 STERLING BANCSHARES INC/TX COM 858907108 14,792 1,812,702 SH SOLE 1,812,702 STERLING BANCSHARES *W EXP INC-CW18 12/12/201 858907116 1,684 561,221 PRN SOLE 561,221 STRYKER CORP COM 863667101 2,054 35,000 SH SOLE 35,000 SUNPOWER CORP 4.5 DBCV 4.500% 3/15/2015 144A 3/1 ADDED 867652AE9 7,748 7,000,000 PRN SOLE 7,000,000 SUNPOWER CORP 4.75 DBCV 4.750% 4/15/2014 4/1 867652AC3 10,140 9,490,000 PRN SOLE 9,490,000 SYNTROLEUM CORP COM 871630109 61 41,211 SH SOLE 41,211 T3 MOTION INC-UNIT COM 89853X207 513 147,000 SH SOLE 147,000 TCF FINANCIAL CORP-CW18 *W EXP 11/14/201 872275128 204 51,000 PRN SOLE 51,000 TELVENT GIT SA COM E90215109 10,691 268,611 SH SOLE 268,611 TIMBERLAND STK COM 887100105 8,405 195,608 SH SOLE 195,608 TRIUS THERAPEUTICS INC COM 89685K100 238 30,100 SH SOLE 30,100 TYCO INTERNATIONAL LTD COM H89128904 32,550 658,500 SH CALL SOLE 658,500 TYCO INTL - TYC COM H89128104 7,558 152,900 SH SOLE 152,900 UNITED THERAPEUTICS CORP COM 91307C902 882 16,000 SH CALL SOLE 16,000 URBAN OUTFITTERS INC COM 917047902 1,408 50,000 SH CALL SOLE 50,000 US BANCOR COM 902973954 360 14,100 SH PUT SOLE 14,100 VALEANT PHARMACEUTICALS INTERNATIONAL COM 91911K902 25,871 497,900 SH CALL SOLE 497,900 VALLEY NATIONAL *W EXP BANCORP-CW18 11/14/201 919794131 88 36,514 PRN SOLE 36,514 VARIAN SEMICONDUCTOR EQUIPMENT COM 922207105 15,755 256,435 SH SOLE 256,435 VECTOR GROUP LTD 3.875 6/15/2026 PRN 92240MAK4 4,698 4,050,000 PRN SOLE 4,050,000 VERIGY LTD COM Y93691956 1,497 100,000 SH PUT SOLE 100,000 VERIGY LTD COM Y93691106 4,238 283,100 SH SOLE 283,100 VIRNETX HOLDING CORP COM 92823T1PS 550 19,000 SH SOLE 19,000 WATERS CORPORATION COM 941848103 1,053 11,000 SH SOLE 11,000 WELLS FARGO & CO COM 949746901 415 14,800 SH CALL SOLE 14,800 WELLS FARGO & CO COM 949746951 1,274 45,400 SH PUT SOLE 45,400 WELLS FARGO & COMPANY COM 949746101 232 8,258 SH SOLE 8,258 WESTERN DIGITAL CORP COM 958102905 7,276 200,000 SH CALL SOLE 200,000 WESTERN DIGITAL CORP COM 958102105 2,510 69,000 SH SOLE 69,000 XEROX COM 984121953 2,082 200,000 SH PUT SOLE 200,000 ZIONS BANCORPORATION-CW20 *W EXP 05/22/202 989701115 355 51,131 PRN SOLE 51,131