Hudson Bay Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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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	MANAGER	SOLE	SHARED	NONE
A H BELO CORP	COM CL A	001282102	3,732	322,314	SH		SOLE		322,314	0	0
ACTAVIS PLC	SHS	G0083B108	35,967	174,726	SH		SOLE		174,726	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	5,514	98,600	SH		SOLE		98,600	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	11,410	75,000	SH		SOLE		75,000	0	0
ALLEGION PLC	COM	G0176J109	1,304	25,000	SH		SOLE		25,000	0	0
ALLERGAN INC	COM	018490102	2,110	17,000	SH		SOLE		17,000	0	0
ALLSTATE CORP	COM	020002101	713	12,604	SH		SOLE		12,604	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	12,899	15,280,000	PRN		SOLE		15,280,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	11,530	14,000,000	PRN		SOLE		14,000,000	0	0
AMBEV SA	SPONSORED ADR	02319V103	6,549	883,810	SH		SOLE		883,810	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	3,307	90,345	SH		SOLE		90,345	0	0
AMERICAN AIRLS GROUP INC	CALL	02376R902	19,043	520,300	SH	Call	SOLE		520,300	0	0
AMERICAN RLTY CAP PPTYS INC	COM	02917T104	25,158	1,794,406	SH		SOLE		1,794,406	0	0
ANADARKO PETE CORP	COM	032511107	35,406	417,726	SH		SOLE		417,726	0	0
ANADARKO PETE CORP	CALL	032511907	93,897	1,107,800	SH	Call	SOLE		1,107,800	0	0
ANADARKO PETE CORP	PUT	032511957	4,238	50,000	SH	Put	SOLE		50,000	0	0
ARCH CAP GROUP LTD	ORD	G0450A105	823	14,307	SH		SOLE		14,307	0	0
AT&T INC	CALL	00206R902	124,663	3,554,700	SH	Call	SOLE		3,554,700	0	0
AVAGO TECHNOLOGIES LTD	SHS	Y0486S104	5,863	91,020	SH		SOLE		91,020	0	0
AXIS CAPITAL HOLDINGS LTD	SHS	G0692U109	712	15,529	SH		SOLE		15,529	0	0
BANK OF AMERICA CORPORATION	COM	060505104	51,356	2,985,834	SH		SOLE		2,985,834	0	0
BANK OF AMERICA CORPORATION	CALL	060505904	2,580	150,000	SH	Call	SOLE		150,000	0	0
BANK OF AMERICA CORPORATION	PUT	060505954	75,491	4,389,000	SH	Put	SOLE		4,389,000	0	0
BARCLAYS BK PLC	CALL	06742E901	83,100	2,000,000	SH	Call	SOLE		2,000,000	0	0
BEAM INC	COM	073730103	6,110	73,352	SH		SOLE		73,352	0	0
BHP BILLITON LTD	SPONSORED ADR	088606108	218	3,223	SH		SOLE		3,223	0	0
CAN-FITE BIOPHARMA LTD	SPONSORED ADR	13471N102	249	48,544	SH		SOLE		48,544	0	0
CAPITOL ACQUISITION CORP II	COM	14056V105	4,925	500,000	SH		SOLE		500,000	0	0
CEL SCI CORP	*W EXP 10/11/201	150837177	595	1,399,600	SH		SOLE		1,399,600	0	0
CENVEO INC	COM	15670S105	2,205	725,390	SH		SOLE		725,390	0	0
CESCA THERAPEUTICS INC	COM	157131103	595	350,000	SH		SOLE		350,000	0	0
CHANTICLEER HLDGS INC	COM PAR $.0001 N	15930P404	38	10,000	SH		SOLE		10,000	0	0
CHARTER COMMUNICATIONS INC D	CL A NEW	16117M305	66,656	541,040	SH		SOLE		541,040	0	0
CHARTER COMMUNICATIONS INC D	CALL	16117M905	18,480	150,000	SH	Call	SOLE		150,000	0	0
CHESAPEAKE ENERGY CORP	NOTE 2.500% 5/1	165167CA3	63,269	62,505,000	PRN		SOLE		62,505,000	0	0
CHINA PETE & CHEM CORP	SPON ADR H SHS	16941R108	1,343	15,000	SH		SOLE		15,000	0	0
CHUBB CORP	COM	171232101	508	5,688	SH		SOLE		5,688	0	0
CITRIX SYS INC	COM	177376100	16,699	290,774	SH		SOLE		290,774	0	0
CNOOC LTD	SPONSORED ADR	126132109	788	5,190	SH		SOLE		5,190	0	0
COCA COLA ENTERPRISES INC NE	COM	19122T109	4,919	103,000	SH		SOLE		103,000	0	0
COMCAST CORP NEW	CALL	20030N901	50,020	1,000,000	SH	Call	SOLE		1,000,000	0	0
COMMONWEALTH REIT	COM SH BEN INT	203233101	18,410	700,000	SH		SOLE		700,000	0	0
COMMONWEALTH REIT	6.50% PFD CUM CO	203233408	7,695	306,447	PRN		SOLE		306,447	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	37,055	436,099	SH		SOLE		436,099	0	0
CONTINENTAL AIRLS INC	NOTE 4.500% 1/1	210795PU8	22,182	9,300,000	PRN		SOLE		9,300,000	0	0
COWEN GROUP INC NEW	CL A	223622101	3,301	748,600	SH		SOLE		748,600	0	0
CRIMSON WINE GROUP LTD	COM	22662X100	6,007	678,723	SH		SOLE		678,723	0	0
CUBIST PHARMACEUTICALS INC	RIGHT 99/99/9999	229678123	1,051	1,617,600	SH		SOLE		1,617,600	0	0
DENTSPLY INTL INC NEW	COM	249030107	2,057	44,671	SH		SOLE		44,671	0	0
DENTSPLY INTL INC NEW	PUT	249030957	5,474	118,900	SH	Put	SOLE		118,900	0	0
DIEBOLD INC	COM	253651103	578	14,500	SH		SOLE		14,500	0	0
DIEBOLD INC	PUT	253651953	4,727	118,500	SH	Put	SOLE		118,500	0	0
DIRECTV	CALL	25490A909	64,193	840,000	SH	Call	SOLE		840,000	0	0
DISH NETWORK CORP	CL A	25470M109	96,966	1,558,687	SH		SOLE		1,558,687	0	0
DISH NETWORK CORP	CALL	25470M909	67,666	1,087,700	SH	Call	SOLE		1,087,700	0	0
DOLLAR GEN CORP NEW	COM	256677105	13,216	238,205	SH		SOLE		238,205	0	0
DRAGONWAVE INC	COM	26144M103	1,178	841,184	SH		SOLE		841,184	0	0
ENVISION HEALTHCARE HLDGS IN	COM	29413U103	5,873	173,600	SH		SOLE		173,600	0	0
EON COMMUNICATIONS CORP	COM NEW	268763208	764	151,000	SH		SOLE		151,000	0	0
EQUINIX INC	COM NEW	29444U502	6,240	33,757	SH		SOLE		33,757	0	0
EVEREST RE GROUP LTD	COM	G3223R108	900	5,880	SH		SOLE		5,880	0	0
FAMILY DLR STORES INC	COM	307000109	10,889	187,709	SH		SOLE		187,709	0	0
FIRST MARBLEHEAD CORP	COM NEW	320771207	604	100,000	SH		SOLE		100,000	0	0
FOREST LABS INC	COM	345838106	12,365	134,011	SH		SOLE		134,011	0	0
FOREST LABS INC	CALL	345838906	58,591	635,000	SH	Call	SOLE		635,000	0	0
FRESH DEL MONTE PRODUCE INC	ORD	G36738105	2,373	86,075	SH		SOLE		86,075	0	0
GENERAL MTRS CO	CALL	37045V900	5,672	166,000	SH	Call	SOLE		166,000	0	0
GLEACHER & CO INC	COM NEW	377341201	2,758	242,178	SH		SOLE		242,178	0	0
GLOBAL DEFENSE & NATL SEC SY	COM	37953N108	4,048	400,000	SH		SOLE		400,000	0	0
HERTZ GLOBAL HOLDINGS INC	COM	42805T105	11,407	428,175	SH		SOLE		428,175	0	0
HESS CORP	COM	42809H107	33,148	399,950	SH		SOLE		399,950	0	0
HILLENBRAND INC	COM	431571108	679	21,000	SH		SOLE		21,000	0	0
HILLENBRAND INC	PUT	431571958	3,233	100,000	SH	Put	SOLE		100,000	0	0
INGERSOLL-RAND PLC	SHS	G47791101	14,732	257,379	SH		SOLE		257,379	0	0
INTERMUNE INC	COM	45884X103	13,694	409,148	SH		SOLE		409,148	0	0
INTERMUNE INC	CALL	45884X903	8,880	265,300	SH	Call	SOLE		265,300	0	0
ISHARES	PUT	464286953	3,185	120,000	SH	Put	SOLE		120,000	0	0
ISHARES	PUT	464288953	24,987	265,000	SH	Put	SOLE		265,000	0	0
ISHARES	PUT	464287955	39,764	350,000	SH	Put	SOLE		350,000	0	0
JONES GROUP INC	PUT	48020T951	1,498	100,100	SH	Put	SOLE		100,100	0	0
JUNIPER NETWORKS INC	COM	48203R104	25,808	1,001,879	SH		SOLE		1,001,879	0	0
JUNIPER NETWORKS INC	PUT	48203R954	5,152	200,000	SH	Put	SOLE		200,000	0	0
KROGER CO	COM	501044101	1,392	31,895	SH		SOLE		31,895	0	0
KROGER CO	CALL	501044901	10,913	250,000	SH	Call	SOLE		250,000	0	0
L-3 COMMUNICATIONS CORP	DEBT 3.000% 8/0	502413AW7	31,615	23,735,000	PRN		SOLE		23,735,000	0	0
LEVY ACQUISITION CORP	COM	52748T104	5,066	525,000	SH		SOLE		525,000	0	0
LINCOLN NATL CORP IND	COM	534187109	229	4,524	SH		SOLE		4,524	0	0
LORAL SPACE & COMMUNICATNS I	COM	543881106	1,236	17,469	SH		SOLE		17,469	0	0
LORAL SPACE & COMMUNICATNS I	PUT	543881956	1,238	17,500	SH	Put	SOLE		17,500	0	0
LORILLARD INC	COM	544147101	7,842	145,000	SH		SOLE		145,000	0	0
MARATHON PETE CORP	COM	56585A102	1,654	19,000	SH		SOLE		19,000	0	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	11,564	490,000	SH		SOLE		490,000	0	0
MARKET VECTORS ETF TR	CALL	57060U900	20,211	856,400	SH	Call	SOLE		856,400	0	0
MARKET VECTORS ETF TR	PUT	57060U950	20,211	856,400	SH	Put	SOLE		856,400	0	0
MBIA INC	COM	55262C100	6,512	465,457	SH		SOLE		465,457	0	0
MCKESSON CORP	COM	58155Q103	1,589	9,000	SH		SOLE		9,000	0	0
MERCURY SYS INC	COM	589378108	789	59,714	SH		SOLE		59,714	0	0
MGIC INVT CORP WIS	NOTE 5.000% 5/0	552848AD5	24,078	20,967,000	PRN		SOLE		20,967,000	0	0
MGIC INVT CORP WIS	NOTE 2.000% 4/0	552848AE3	102,031	71,565,000	PRN		SOLE		71,565,000	0	0
MICRON TECHNOLOGY INC	NOTE 2.125% 2/1	595112AV5	73,023	32,630,000	PRN		SOLE		32,630,000	0	0
MICRON TECHNOLOGY INC	NOTE 2.375% 5/0	595112AW3	8,820	3,500,000	PRN		SOLE		3,500,000	0	0
MICRON TECHNOLOGY INC	NOTE 3.125% 5/0	595112AX1	153,803	61,866,000	PRN		SOLE		61,866,000	0	0
MYLAN INC	COM	628530107	40,179	822,833	SH		SOLE		822,833	0	0
MYLAN INC	PUT	628530957	7,325	150,000	SH	Put	SOLE		150,000	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	5,013	64,382	SH		SOLE		64,382	0	0
NEWCASTLE INVT CORP	COM	65105M108	13,265	2,822,433	SH		SOLE		2,822,433	0	0
NEWS CORP NEW	CL A	65249B109	1,722	100,000	SH		SOLE		100,000	0	0
NEWS CORP NEW	CL B	65249B208	835	50,000	SH		SOLE		50,000	0	0
NOKIA CORP	SPONSORED ADR	654902204	12,647	1,723,025	SH		SOLE		1,723,025	0	0
NOKIA CORP	CALL	654902904	12,635	1,721,400	SH	Call	SOLE		1,721,400	0	0
OREXIGEN THERAPEUTICS INC	COM	686164104	6,158	947,355	SH		SOLE		947,355	0	0
PARTNERRE LTD	COM	G6852T105	838	8,097	SH		SOLE		8,097	0	0
PERRIGO CO PLC	SHS	G97822103	10,873	70,300	SH		SOLE		70,300	0	0
PHH CORP	NOTE 6.000% 6/1	693320AQ6	123,027	56,935,000	PRN		SOLE		56,935,000	0	0
POTASH CORP SASK INC	COM	73755L107	5,558	153,449	SH		SOLE		153,449	0	0
POWERSHARES QQQ TRUST	PUT	73935A954	54,800	625,000	SH	Put	SOLE		625,000	0	0
PRICELINE COM INC	COM NEW	741503403	29,697	24,916	SH		SOLE		24,916	0	0
PRICELINE COM INC	NOTE 1.250% 3/1	741503AN6	53,443	13,640,000	PRN		SOLE		13,640,000	0	0
PRIMERO MNG CORP	COM	74164W106	78	10,000	SH		SOLE		10,000	0	0
RADIAN GROUP INC	NOTE 3.000%11/1	750236AK7	152,136	102,333,000	PRN		SOLE		102,333,000	0	0
RADIOSHACK CORP	COM	750438103	1,275	601,207	SH		SOLE		601,207	0	0
RENAISSANCERE HOLDINGS LTD	COM	G7496G103	663	6,792	SH		SOLE		6,792	0	0
RENESOLA LTD	CALL	75971T903	193	60,000	SH	Call	SOLE		60,000	0	0
RESTORATION HARDWARE HLDGS I	COM	761283100	2,208	30,000	SH		SOLE		30,000	0	0
REYNOLDS AMERICAN INC	COM	761713106	6,870	128,600	SH		SOLE		128,600	0	0
RITE AID CORP	NOTE 8.500% 5/1	767754BU7	41,214	16,498,000	PRN		SOLE		16,498,000	0	0
RIVERBED TECHNOLOGY INC	COM	768573107	14,058	713,248	SH		SOLE		713,248	0	0
ROI ACQUISITION CORP II	COM	74966G101	3,800	400,000	SH		SOLE		400,000	0	0
ROI ACQUISITION CORP II	*W EXP 09/17/201	74966G119	115	329,500	PRN		SOLE		329,500	0	0
RUCKUS WIRELESS INC	COM	781220108	4,466	367,285	SH		SOLE		367,285	0	0
SANOFI	RIGHT 12/31/2020	80105N113	105	329,400	SH		SOLE		329,400	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	20,192	266,000	SH		SOLE		266,000	0	0
SELECT SECTOR SPDR TR	CALL	81369Y906	49,695	558,000	SH	Call	SOLE		558,000	0	0
SELECT SECTOR SPDR TR	PUT	81369Y956	49,695	558,000	SH	Put	SOLE		558,000	0	0
SEMGROUP CORP	CL A	81663A105	2,759	42,000	SH		SOLE		42,000	0	0
SILVER EAGLE ACQUISITION COR	COM	827694100	3,892	400,000	SH		SOLE		400,000	0	0
SINA CORP	ORD	G81477104	3,612	59,795	SH		SOLE		59,795	0	0
SINA CORP	CALL	G81477904	483	8,000	SH	Call	SOLE		8,000	0	0
SK TELECOM LTD	SPONSORED ADR	78440P108	2,100	93,305	SH		SOLE		93,305	0	0
SONY CORP	CALL	835699907	956	50,000	SH	Call	SOLE		50,000	0	0
SPDR GOLD TRUST	CALL	78463V907	55,625	450,000	SH	Call	SOLE		450,000	0	0
SPDR S&P 500 ETF TR	PUT	78462F953	390,914	2,090,000	SH	Put	SOLE		2,090,000	0	0
SPDR S&P MIDCAP 400 ETF TR	PUT	78467Y957	6,203	25,000	SH	Put	SOLE		25,000	0	0
SPDR SERIES TRUST	PUT	78464A957	17,329	420,000	SH	Put	SOLE		420,000	0	0
SPRINT CORP	COM SER 1	85207U105	13,177	1,433,788	SH		SOLE		1,433,788	0	0
STANLEY BLACK & DECKER INC	COM	854502101	10,200	125,551	SH		SOLE		125,551	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	3,426	171,120	SH		SOLE		171,120	0	0
TALISMAN ENERGY INC	COM	87425E103	8,009	802,467	SH		SOLE		802,467	0	0
TEAM HEALTH HOLDINGS INC	COM	87817A107	4,927	110,100	SH		SOLE		110,100	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	25,026	473,627	SH		SOLE		473,627	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	2,826	23,500	SH		SOLE		23,500	0	0
TIME WARNER CABLE INC	COM	88732J207	141,918	1,034,535	SH		SOLE		1,034,535	0	0
TIME WARNER CABLE INC	CALL	88732J907	48,013	350,000	SH	Call	SOLE		350,000	0	0
T-MOBILE US INC	COM	872590104	60,527	1,832,489	SH		SOLE		1,832,489	0	0
T-MOBILE US INC	CALL	872590904	15,557	471,000	SH	Call	SOLE		471,000	0	0
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	1,927	17,064	SH		SOLE		17,064	0	0
TRAVELERS COMPANIES INC	COM	89417E109	592	6,959	SH		SOLE		6,959	0	0
ULTA SALON COSMETCS & FRAG I	COM	90384S303	4,367	44,804	SH		SOLE		44,804	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	2,900	22,000	SH		SOLE		22,000	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	3,558	67,000	SH		SOLE		67,000	0	0
VALIDUS HOLDINGS LTD	COM SHS	G9319H102	613	16,267	SH		SOLE		16,267	0	0
VANDA PHARMACEUTICALS INC	COM	921659108	3,362	206,909	SH		SOLE		206,909	0	0
VECTOR GROUP LTD	FRNT 1/1	92240MAY4	9,555	7,000,000	SH		SOLE		7,000,000	0	0
VERA BRADLEY INC	PUT	92335C956	11,512	46,400	SH	Put	SOLE		46,400	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	99,537	2,092,433	SH		SOLE		2,092,433	0	0
VERIZON COMMUNICATIONS INC	CALL	92343V904	34,022	715,200	SH	Call	SOLE		715,200	0	0
VERSO PAPER CORP	COM	92531L108	289	100,000	SH		SOLE		100,000	0	0
VODAFONE GROUP PLC NEW	SPNSR ADR NO PAR	92857W308	4,927	133,848	SH		SOLE		133,848	0	0
WEIGHT WATCHERS INTL INC NEW	PUT	948626956	3,697	180,000	SH	Put	SOLE		180,000	0	0
WHITEWAVE FOODS CO	COM CL A	966244105	5,762	201,900	SH		SOLE		201,900	0	0
WPCS INTL INC	COM PAR $.0001	92931L302	469	302,800	SH		SOLE		302,800	0	0
XPO LOGISTICS INC	COM	983793100	7,217	245,394	SH		SOLE		245,394	0	0
ZALE CORP NEW	COM	988858106	2,091	100,000	SH		SOLE		100,000	0	0