Hidden Lake Asset Management LP
CIK 1750312 · View on SEC EDGAR ↗
- Portfolio value
- $332.2M
- Positions
- 24
- As of
- June 30, 2026
#4,870 of 9,443 by 13F value · top 51.6%
Portfolio value QoQ: +0.4% 13F does not disclose cash
- Top 10 holdings weight
- 73.12%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 22
- Effective number of positions
- 11.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 84.48% Est. buys $280,084,262 · sells $316,085,107
Median holding: 1.0 quarters Tracked Q4 2024–Q2 2026 · 17.4% still held
- New positions
- 20
- Increased
- 1
- Decreased
- 3
- Closed
- 22
Put-notional exposure: 32.8% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +33.4% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.9% · Options excluded: 54.0%
Sector breakdown
Technology
34.7%
Industrials
7.7%
Financial Services
3.0%
Communication Services
2.0%
Communications
1.9%
Retail
1.2%
Consumer Discretionary
0.8%
Other/Unmapped
48.8%
Full portfolio 24 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SOXX SOXX | $73,687,400 | 22.18% | 115,000 | Put option | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $35,347,200 | 10.64% | 48,000 | Put option | |||
| KWEB | $25,448,800 | 7.66% | 1,040,000 | Call option | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $19,515,091 | 5.87% | 33,594 | $7,917,547 | Down ×1 | ||
| IGV | $18,120,000 | 5.45% | 200,000 | Call option | Up ×1 | ||
| STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) | $16,286,305 | 4.90% | 16,877 | Up ×1 | |||
| UAL United Airlines Holdings, Inc. - Common Stock | $14,074,965 | 4.24% | 103,500 | Call option | Up ×1 | ||
| AMAT Applied Materials, Inc. - Common Stock | $14,033,430 | 4.22% | 19,410 | $9,972,965 | Up ×1 | ||
| SNOW Snowflake Inc. Common Stock | $13,429,456 | 4.04% | 52,768 | ||||
| STM STMicroelectronics N.V. Common Stock | $12,974,168 | 3.91% | 173,243 | $6,349,205 | Down ×1 | ||
| U Unity Software Inc. Common Stock | $11,043,112 | 3.32% | 386,393 | $-3,467,170 | Down ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $10,022,700 | 3.02% | 8,683 | ||||
| UPST Upstart Holdings, Inc. - Common stock | $9,977,584 | 3.00% | 281,614 | ||||
| EWZ | $9,487,500 | 2.86% | 275,000 | Call option | Up ×1 | ||
| TTMI TTM Technologies, Inc. - Common Stock | $7,434,232 | 2.24% | 39,751 | Up ×1 | |||
| ASML ASML Holding N.V. - New York Registry Shares | $6,664,624 | 2.01% | 3,350 | Up ×1 | |||
| ALAB Astera Labs, Inc. - Common Stock | $6,425,132 | 1.93% | 13,302 | Up ×1 | |||
| NOK Nokia Corporation Sponsored American Depositary Shares | $6,227,683 | 1.87% | 468,952 | Up ×1 | |||
| INTC Intel Corporation - Common Stock | $4,875,600 | 1.47% | 34,918 | Up ×1 | |||
| AER AerCap Holdings N.V. Ordinary Shares | $3,961,572 | 1.19% | 27,175 | Up ×1 | |||
| BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share | $3,846,399 | 1.16% | 40,075 | ||||
| PINS Pinterest, Inc. Class A Common Stock | $3,680,250 | 1.11% | 175,000 | Call option | Up ×1 | ||
| RDDT Reddit, Inc. Class A Common Stock | $2,864,070 | 0.86% | 16,500 | Call option | |||
| DKNG DraftKings Inc. - Class A Common Stock | $2,778,600 | 0.84% | 110,000 | Call option | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| SOXX | $73,687,400 | 115,000 | 22.18% |
| QQQ | $35,347,200 | 48,000 | 10.64% |
| KWEB | $25,448,800 | 1,040,000 | 7.66% |
| IGV | $18,120,000 | 200,000 | 5.45% |
| STX | $16,286,305 | 16,877 | 4.90% |
| UAL | $14,074,965 | 103,500 | 4.24% |
| SNOW | $13,429,456 | 52,768 | 4.04% |
| MU | $10,022,700 | 8,683 | 3.02% |
| UPST | $9,977,584 | 281,614 | 3.00% |
| EWZ | $9,487,500 | 275,000 | 2.86% |
| TTMI | $7,434,232 | 39,751 | 2.24% |
| ASML | $6,664,624 | 3,350 | 2.01% |
| ALAB | $6,425,132 | 13,302 | 1.93% |
| NOK | $6,227,683 | 468,952 | 1.87% |
| INTC | $4,875,600 | 34,918 | 1.47% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| QQQ | Dec. 31, 2025 | 800,000 | $480,296,000 | |
| SPY | March 31, 2026 | 300,000 | $204,576,000 | No longer tracked |
| IWM | Sept. 30, 2025 | 330,000 | $71,210,700 | No longer tracked |
| IWM | June 30, 2026 | 255,000 | $63,240,000 | No longer tracked |
| MSFT | June 30, 2026 | 120,000 | $44,420,400 | 29.2% |
| ZM | June 30, 2026 | 377,356 | $30,335,649 | 22.7% |
| RDDT | Sept. 30, 2025 | 186,050 | $28,013,549 | -33.3% |
| AMZN | March 31, 2026 | 111,986 | $25,848,609 | 23.8% |
| MTUM | March 31, 2025 | 110,000 | $22,761,200 | No longer tracked |
| CORZ | Sept. 30, 2025 | 1,301,754 | $22,220,941 | 6.3% |
| TLT | June 30, 2026 | 250,000 | $21,672,500 | |
| W | June 30, 2026 | 220,489 | $16,582,978 | 9.6% |
| NVDA | March 31, 2026 | 86,287 | $16,092,526 | 24.4% |
| PDD | Dec. 31, 2025 | 120,847 | $15,972,348 | -21.7% |
| ADI | June 30, 2026 | 47,500 | $15,111,650 | -5.3% |
| CRWV | Dec. 31, 2025 | 108,247 | $14,813,602 | 25.8% |
| CFLT | Sept. 30, 2025 | 567,677 | $14,152,188 | No longer tracked |
| EQIX | June 30, 2026 | 14,429 | $14,143,883 | 5.1% |
| UPST | March 31, 2026 | 316,586 | $13,844,306 | 14.0% |
| WIX | Dec. 31, 2025 | 77,336 | $13,737,194 | -22.7% |
| HOOD | Sept. 30, 2025 | 141,749 | $13,271,959 | -25.8% |
| AAPL | Dec. 31, 2025 | 50,555 | $12,872,820 | 13.3% |
| UPST | Sept. 30, 2025 | 187,345 | $12,117,475 | -42.4% |
| SPOT | Dec. 31, 2025 | 16,343 | $11,407,414 | -9.2% |
| FSLR | Sept. 30, 2025 | 68,905 | $11,406,534 | -2.6% |
| VNET | June 30, 2026 | 1,324,730 | $11,114,485 | -16.8% |
| MU | Sept. 30, 2025 | 90,175 | $11,114,069 | 488.5% |
| RIOT | Sept. 30, 2025 | 972,210 | $10,985,973 | 15.2% |
| ARKK | Dec. 31, 2025 | 125,000 | $10,787,500 | No longer tracked |
| NU | June 30, 2025 | 957,680 | $9,806,643 | 5.6% |
| CHWY | Dec. 31, 2025 | 241,381 | $9,763,861 | -28.3% |
| DUOL | Dec. 31, 2025 | 29,456 | $9,480,119 | -17.4% |
| CRM | March 31, 2025 | 27,450 | $9,177,359 | -23.4% |
| AKAM | June 30, 2026 | 73,721 | $8,466,857 | -7.0% |
| HON | March 31, 2025 | 35,510 | $8,021,354 | 10.0% |
| CHWY | March 31, 2025 | 232,059 | $7,771,656 | -27.1% |
| TER | June 30, 2026 | 26,026 | $7,715,668 | -22.6% |
| DASH | Dec. 31, 2025 | 28,293 | $7,695,413 | -3.1% |
| U | June 30, 2025 | 391,540 | $7,670,269 | 90.5% |
| SMH | June 30, 2026 | 20,000 | $7,668,000 | -14.4% |
| SE | June 30, 2026 | 92,253 | $7,639,471 | 21.8% |
| BABA | March 31, 2026 | 51,654 | $7,571,443 | -2.6% |
| ARM | Sept. 30, 2025 | 46,620 | $7,540,319 | 77.2% |
| SNOW | Sept. 30, 2025 | 33,080 | $7,402,312 | 40.1% |
| DKNG | March 31, 2026 | 211,705 | $7,295,354 | 15.6% |
| ETSY | March 31, 2026 | 130,850 | $7,254,324 | 61.5% |
| TSEM | June 30, 2026 | 40,464 | $7,100,623 | -12.3% |
| RKLB | Sept. 30, 2025 | 197,788 | $7,074,877 | 53.5% |
| ARM | June 30, 2026 | 45,366 | $6,862,968 | -29.3% |
| GOOG | Dec. 31, 2025 | 27,563 | $6,712,969 | 8.1% |
| NET | June 30, 2026 | 32,107 | $6,624,958 | 12.3% |
| NU | Dec. 31, 2025 | 411,415 | $6,586,754 | -13.4% |
| BEKE | March 31, 2025 | 355,685 | $6,551,718 | -14.5% |
| NOW | Dec. 31, 2025 | 7,000 | $6,441,960 | -15.4% |
| AFRM | Dec. 31, 2025 | 83,222 | $6,081,864 | 1.3% |
| PATH | March 31, 2026 | 365,159 | $5,984,956 | 41.7% |
| MSFT | Sept. 30, 2025 | 12,020 | $5,978,868 | -6.9% |
| DKNG | June 30, 2025 | 179,248 | $5,952,826 | -41.7% |
| LITE | March 31, 2026 | 15,868 | $5,848,786 | 31.0% |
| JD | June 30, 2025 | 141,430 | $5,815,602 | -10.3% |
| GDS | June 30, 2026 | 142,149 | $5,727,183 | 10.8% |
| SATS | March 31, 2026 | 51,891 | $5,640,552 | No longer tracked |
| BTDR | March 31, 2025 | 257,080 | $5,570,924 | 32.0% |
| MDB | Dec. 31, 2025 | 17,689 | $5,490,312 | -0.3% |
| PTON | Dec. 31, 2025 | 594,102 | $5,346,918 | -11.2% |
| MBLY | March 31, 2025 | 264,160 | $5,262,067 | -36.8% |
| UBER | March 31, 2025 | 87,180 | $5,258,698 | 7.3% |
| COIN | Sept. 30, 2025 | 14,365 | $5,034,789 | -44.5% |
| GTLB | June 30, 2025 | 105,283 | $4,948,301 | -9.4% |
| EQT | Sept. 30, 2025 | 82,025 | $4,783,698 | -1.1% |
| WULF | June 30, 2026 | 327,758 | $4,729,548 | -30.6% |
| PYPL | June 30, 2026 | 100,000 | $4,523,000 | 44.1% |
| LMND | March 31, 2026 | 63,032 | $4,486,618 | -18.0% |
| BIDU | June 30, 2025 | 47,500 | $4,371,425 | 8.8% |
| MDB | March 31, 2025 | 18,130 | $4,220,845 | 138.6% |
| Z | Dec. 31, 2025 | 53,560 | $4,126,798 | -47.7% |
| EBAY | March 31, 2026 | 45,211 | $3,937,878 | 14.3% |
| W | Sept. 30, 2025 | 74,474 | $3,808,600 | 13.4% |
| ESTC | Dec. 31, 2025 | 44,564 | $3,765,212 | 11.6% |
| GTLB | Dec. 31, 2025 | 83,468 | $3,762,737 | 8.9% |
| BE | June 30, 2026 | 27,337 | $3,703,890 | -31.9% |
| RKT | March 31, 2026 | 183,869 | $3,559,704 | -1.0% |
| AMD | Sept. 30, 2025 | 24,990 | $3,546,081 | 191.0% |
| HUT | June 30, 2025 | 282,829 | $3,286,473 | 374.6% |
| ASTS | March 31, 2026 | 45,031 | $3,270,602 | -17.8% |
| OPRA | Dec. 31, 2025 | 158,450 | $3,270,408 | 30.4% |
| ROKU | March 31, 2026 | 29,675 | $3,219,441 | 66.5% |
| AVBP | March 31, 2026 | 152,448 | $3,067,254 | 27.3% |
| HUT | March 31, 2026 | 64,710 | $2,972,777 | 88.2% |
| BIDU | March 31, 2026 | 21,282 | $2,780,706 | -16.3% |
| UWMC | Dec. 31, 2025 | 440,785 | $2,684,381 | -67.4% |
| EDU | March 31, 2025 | 41,380 | $2,655,768 | 16.6% |
| FIGR | June 30, 2026 | 77,424 | $2,628,545 | 26.1% |
| ADI | June 30, 2025 | 12,250 | $2,470,458 | 58.1% |
| SNPS | March 31, 2026 | 5,191 | $2,438,317 | 0.4% |
| BULL | Dec. 31, 2025 | 154,370 | $2,283,132 | 18.7% |
| TSM | Sept. 30, 2025 | 9,965 | $2,256,973 | 50.5% |
| FSLY | March 31, 2025 | 228,260 | $2,154,774 | 272.0% |
| ZETA | March 31, 2026 | 92,337 | $1,879,058 | 72.2% |
| TEM | Dec. 31, 2025 | 23,095 | $1,863,997 | 12.4% |
| OUST | March 31, 2025 | 144,330 | $1,763,713 | 336.1% |
| IREN | Dec. 31, 2025 | 37,284 | $1,749,738 | 19.6% |
| VECO | June 30, 2026 | 50,276 | $1,702,345 | -37.2% |
| FUTU | June 30, 2025 | 16,550 | $1,693,893 | -5.3% |
| RBLX | March 31, 2026 | 20,119 | $1,630,243 | -31.2% |
| NVDA | Sept. 30, 2025 | 9,830 | $1,553,042 | 16.2% |
| APP | March 31, 2026 | 2,275 | $1,532,941 | -24.5% |
| OPEN | Dec. 31, 2025 | 191,248 | $1,524,247 | -40.4% |
| GRAB | June 30, 2026 | 416,206 | $1,523,314 | -5.7% |
| TAL | June 30, 2025 | 109,960 | $1,452,572 | 9.5% |
| TRUP | Sept. 30, 2025 | 26,126 | $1,446,074 | -29.6% |
| KPLT | June 30, 2025 | 123,566 | $1,264,080 | -28.1% |
| API | June 30, 2025 | 307,281 | $1,235,270 | 12.1% |
| HOND | Sept. 30, 2025 | 99,370 | $1,103,007 | No longer tracked |
| AUR | March 31, 2025 | 140,000 | $882,000 | -8.4% |
| WULF | June 30, 2025 | 304,549 | $831,419 | 291.3% |
| LAZRQ | March 31, 2025 | 153,030 | $823,301 | No longer tracked |
| EOSE | March 31, 2025 | 152,890 | $743,045 | -5.4% |
| DLO | March 31, 2025 | 25,780 | $290,283 | 74.6% |