Hudson Bay Capital

Hudson Bay Capital Management is a global multi-strategy investment management firm based in Greenwich/Stamford, Connecticut, employing absolute return strategies and rigorous fundamental analysis to generate consistent returns uncorrelated with market indices. The firm manages assets for a diversified base of institutional investors, targeting both traditional and non-traditional sources of alpha while prioritizing capital preservation through a scalable investment process. It oversees over $32.4 billion in disclosed holdings across 1,270 positions, with reported revenue of $14 million. Key leadership includes Charles Winkler, Roy Astrachan, and Chief Risk Officer Paul Sargen. In 2023, the firm opened operations in Dubai, and in November 2024, it released a 41-page document on restructuring the global trading system, which gained Wall Street attention. Hudson Bay Capital Management was founded in 2005 by Sander Gerber and Yoav Roth.