Hudson Bay Capital Management’s Top Stock Picks

#1 XPO Logistics Inc (NYSE:XPO)

Shares held (as of September 30): 3.55 million
Total Value (as of September 30): $84.61 million
Percent of Portfolio (as of September 30): 3.67%

Out of all the companies listed on the NASDAQ and NYSE, Hudson Bay seems to be the most bullish on XPO Logistics Inc (NYSE:XPO), a supply chain solutions provider that has grown relentlessly in the last two years through M&A. Hudson Bay increased its position by 76% in the third quarter to 3.55 million shares, making XPO the fund’s top pick. Shares are down by 27% year-to-date because XPO acquired trucking companies Con-way Inc and Norbert Dentressangle SA in deals that alienated many investors who liked the company’s previous infrastructure light business model. If XPO management executes, however, and delivers on the synergies promised, XPO shares will prove to be cheap at current prices in the long run.

Disclosure: none