HUBUS133 Alpha Group Capital HUDSON BAY CAPITAL MANAGEMENT LP 777 Third Avenue. 30th Floor • New York NY 10017 lutp://hudsonbaycaoital.com/ FORM ADV PART 2B: BROCHURE SUPPLEMENT April 1,2018 SANDER ROSS GERBER This brochure supplement provides information about Sander Gerber that supplements the Hudson Bay Capital Management LP ("Hudson Bay") brochure. You should have received a copy of that brochure. Please contact Scott L. Black, General Counsel and Chief Compliance Officer at and/or if you did not receive Hudson Bay's brochure or if you have any questions about the contents of this supplement. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0084877 CONFIDENTIAL SONY GM_00231061 EFTA01384579