Hidden Lake Asset Management LP
NEW YORK, NY
$147m in 15 US stocks at the end of 30 June 2026. The top 10 are 82.7% of the money. It changed about 77.7% of the portfolio this quarter.
Value
$147m
Stocks
15
Top 10 share
82.7%
Turnover
77.7%
What changed this quarter
New
Bought for the first time this quarter.
- Seagate Technology HoldingsSTX11.1% of the fund
- SnowflakeSNOW9.2% of the fund
- Micron TechnologyMU6.8% of the fund
- Upstart HoldingsUPST6.8% of the fund
- TTM TechnologiesTTMI5.1% of the fund
- ASML Holding NVASML4.5% of the fund
- Astera LabsALAB4.4% of the fund
- NokiaNOK4.2% of the fund
- IntelINTC3.3% of the fund
- AerCap HoldingsAER2.7% of the fund
- Alibaba Group HldgBABA2.6% of the fund
Added
Bought more of a stock they already held.
- Applied MaterialsAMAT9.6% of the fund+63%
Cut
Sold some of their stake.
- Advanced Micro DevicesAMD13.3% of the fund-41%
- STMicroelectronicsSTM8.8% of the fund-10%
- Unity SoftwareU7.5% of the fund-42%
Sold out
Sold their entire stake.
- WayfairW-100%
- EquinixEQIX-100%
- Vnet GroupVNET-100%
- Akamai TechnologiesAKAM-100%
- Zoom CommunicationsZM-100%
- TeradyneTER-100%
- SeaSE-100%
- Tower SemiconductorTSEM-100%
- ARM HoldingsARM-100%
- CloudflareNET-100%
- GDS HldgsGDS-100%
- TerawulfWULF-100%
- Bloom EnergyBE-100%
- Figure Technology SolutionsFIGR-100%
- Veeco InstrumentsVECO-100%
- Grab HoldingsGRAB-100%
Holdings
- NokiaNOK
- Share
- 4.2%
- Value
- $6m
- Shares
- 468,952
New
- Alibaba Group HldgBABA
- Share
- 2.6%
- Value
- $4m
- Shares
- 40,075
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Advanced Micro DevicesAMD | 13.3% | $20m | 33,594 | -41% |
| Seagate Technology HoldingsSTX | 11.1% | $16m | 16,877 | New |
| Applied MaterialsAMAT | 9.6% | $14m | 19,410 | +63% |
| SnowflakeSNOW | 9.2% | $13m | 52,768 | New |
| STMicroelectronicsSTM | 8.8% | $13m | 173,243 | -10% |
| Unity SoftwareU | 7.5% | $11m | 386,393 | -42% |
| Micron TechnologyMU | 6.8% | $10m | 8,683 | New |
| Upstart HoldingsUPST | 6.8% | $10m | 281,614 | New |
| TTM TechnologiesTTMI | 5.1% | $7m | 39,751 | New |
| ASML Holding NVASML | 4.5% | $7m | 3,350 | New |
| Astera LabsALAB | 4.4% | $6m | 13,302 | New |
| NokiaNOK | 4.2% | $6m | 468,952 | New |
| IntelINTC | 3.3% | $5m | 34,918 | New |
| AerCap HoldingsAER | 2.7% | $4m | 27,175 | New |
| Alibaba Group HldgBABA | 2.6% | $4m | 40,075 | New |
Options (9)
- Ishares TRSOXX
- Type
- Put
- Value
- $74m
- Contracts
- 115,000
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $35m
- Contracts
- 48,000
- Kraneshares TrustKWEB
- Type
- Call
- Value
- $25m
- Contracts
- 1,040,000
- Ishares TRIGV
- Type
- Call
- Value
- $18m
- Contracts
- 200,000
- United Airlines HoldingsUAL
- Type
- Call
- Value
- $14m
- Contracts
- 103,500
- IsharesEWZ
- Type
- Call
- Value
- $9m
- Contracts
- 275,000
- PinterestPINS
- Type
- Call
- Value
- $4m
- Contracts
- 175,000
- RedditRDDT
- Type
- Call
- Value
- $3m
- Contracts
- 16,500
- DraftKingsDKNG
- Type
- Call
- Value
- $3m
- Contracts
- 110,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TRSOXX | Put | $74m | 115,000 |
| Invesco QQQ TRQQQ | Put | $35m | 48,000 |
| Kraneshares TrustKWEB | Call | $25m | 1,040,000 |
| Ishares TRIGV | Call | $18m | 200,000 |
| United Airlines HoldingsUAL | Call | $14m | 103,500 |
| IsharesEWZ | Call | $9m | 275,000 |
| PinterestPINS | Call | $4m | 175,000 |
| RedditRDDT | Call | $3m | 16,500 |
| DraftKingsDKNG | Call | $3m | 110,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 27.9% since 30 June 2025.
Where the money is
Technology81.8%
Financial services6.8%
Industrials4.5%
Other6.9%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.