Q3 2025 · 13F-HR
Hidden Lake Asset Management LPholdings as filed
Filed 2025-11-14 · accession 0001750312-25-000011
$782.2M
Reported value
42
Positions
2025-09-30
Period end
The Brief · Hidden Lake Asset Management LP · Q3 2025
AI · grounded in 13F
Hidden Lake Asset Management LP established a new position in QQQ valued at $480.3M. The fund also initiated new stakes in AMZN for $38.1M and PDD for $16M. Additional new positions include CRWV at $14.8M and RBLX at $14M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46090E103 | QQQ | INVESCO QQQ TR | $480.3M | 61.4% | 800,000 | PUT | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $30.7M | 3.93% | 140,000 | CALL | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $16.0M | 2.04% | 120,847 | Common | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $14.8M | 1.89% | 108,247 | Common | SOLE |
| 771049103 | RBLX | ROBLOX CORP | $14.0M | 1.79% | 100,917 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $13.7M | 1.76% | 77,336 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $12.9M | 1.65% | 50,555 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $11.4M | 1.46% | 16,343 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $11.3M | 1.45% | 63,291 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $10.8M | 1.38% | 125,000 | PUT | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $10.2M | 1.31% | 120,915 | Common | SOLE |
| 16679L109 | CHWY | CHEWY INC | $9.8M | 1.25% | 241,381 | Common | SOLE |
| 26603R106 | DUOL | DUOLINGO INC | $9.5M | 1.21% | 29,456 | Common | SOLE |
| 36165L108 | GDS | GDS HLDGS LTD | $8.0M | 1.02% | 205,496 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $7.7M | 0.98% | 28,293 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $7.4M | 0.94% | 33,597 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $6.7M | 0.86% | 27,563 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $6.6M | 0.84% | 411,415 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $6.4M | 0.82% | 7,000 | PUT | SOLE |
| 056752108 | BIDU | BAIDU INC | $6.3M | 0.80% | 47,511 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $6.2M | 0.79% | 34,617 | Common | SOLE |
| 29786A106 | ETSY | ETSY INC | $6.2M | 0.79% | 92,767 | Common | SOLE |
| 90138A103 | VNET | VNET GROUP INC | $6.1M | 0.79% | 594,859 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $6.1M | 0.78% | 83,222 | Common | SOLE |
| 04272N102 | AVBP | ARRIVENT BIOPHARMA INC | $5.8M | 0.74% | 314,036 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $5.5M | 0.71% | 7,721 | Common | SOLE |
| 60937P106 | MDB | MONGODB INC | $5.5M | 0.70% | 17,689 | Common | SOLE |
| 70614W100 | PTON | PELOTON INTERACTIVE INC | $5.3M | 0.68% | 594,102 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $4.4M | 0.57% | 127,457 | Common | SOLE |
| 98954M200 | Z | ZILLOW GROUP INC | $4.1M | 0.53% | 53,560 | Common | SOLE |
| N14506104 | ESTC | ELASTIC N V | $3.8M | 0.48% | 44,564 | Common | SOLE |
| 37637K108 | GTLB | GITLAB INC | $3.8M | 0.48% | 83,468 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $3.8M | 0.48% | 93,863 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $3.6M | 0.46% | 5,000 | CALL | SOLE |
| 68373M107 | OPRA | OPERA LTD | $3.3M | 0.42% | 158,450 | Common | SOLE |
| 91823B109 | UWMC | UWM HOLDINGS CORPORATION | $2.7M | 0.34% | 440,785 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $2.4M | 0.31% | 126,172 | Common | SOLE |
| G9572D103 | BULL | WEBULL CORP | $2.3M | 0.29% | 154,370 | Common | SOLE |
| 88023B103 | TEM | TEMPUS AI INC | $1.9M | 0.24% | 23,095 | Common | SOLE |
| 52567D107 | LMND | LEMONADE INC | $1.8M | 0.23% | 33,109 | Common | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $1.7M | 0.22% | 37,284 | Common | SOLE |
| 683712103 | OPEN | OPENDOOR TECHNOLOGIES INC | $1.5M | 0.19% | 191,248 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.