SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Hidden Lake Asset Management LP

CIK 0001750312 · 152 W 57TH STREET, SUITE 920, NEW YORK, NY, 10019 · 212-237-1290

Reported Value
$63M
Q4 2019
Positions
13
Filings on Record
28
2019–present window
Filed
Feb 18, 2020
amendment (RESTATEMENT)

Summary

Hidden Lake Asset Management LP reported $63M in U.S.-listed holdings across 13 positions for Q4 2019.

Its largest position, JD, represents 15.1% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+71.1%
share of reported value
Largest Position
+15.1%
Jd Com

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $63MQ4 ’19Q1 ’20: $63MQ2 ’20: $187MQ3 ’20: $156MQ4 ’20: $255MQ4 ’20Q1 ’21: $256MQ2 ’21: $311MQ3 ’21: $379MQ4 ’21: $195MQ4 ’21Q1 ’22: $293MQ2 ’22: $561MQ3 ’22: $207MQ4 ’22: $234MQ4 ’22Q1 ’23: $143MQ2 ’23: $69MQ3 ’23: $84MQ4 ’23: $133MQ4 ’23Q1 ’24: $165MQ2 ’24: $129MQ3 ’24: $182MQ4 ’24: $222MQ4 ’24Q1 ’25: $155MQ2 ’25: $367MQ3 ’25: $782MQ4 ’25: $395MQ4 ’25Q1 ’26: $331Mfilingsflow.com

Portfolio Composition

By security type
ADR: 48.5%Common Stock: 48.1%Other: 3.5%
  • ADR · 48.5% · $31M
  • Common Stock · 48.1% · $30M
  • Other · 3.5% · $2M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
JDJD.com IncNEW+269.7K269.7K+$10M$10M
SESea LtdNEW+228.5K228.5K+$9M$9M
WINGWingstop IncNEW+102.2K102.2K+$9M$9M
TWTRUSDTwitter IncNEW+240.0K240.0K+$8M$8M
AMZNAmazon.com IncNEW+3.2K3.2K+$6M$6M
ZTOZTO Express (Cayman) IncNEW+225.3K225.3K+$5M$5M
UBERUber Technologies IncNEW+150.0K150.0K+$4M$4M
CHRChurchill Downs IncNEW+24.5K24.5K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JDJD.com Inchistory →COM15.10%$10M269.7K
2SESea Ltdhistory →COM14.60%$9M228.5K
3AMZNAmazon.com Inchistory →COM9.40%$6M3.2K
4ZTOZTO Express (Cayman) Inchistory →COM8.36%$5M225.3K
5CHRChurchill Downs Inchistory →COM5.34%$3M24.5K
6WINGWingstop Inchistory →COM4.41%$3M32.2K
7TALTAL Education Grouphistory →COM4.15%$3M54.1K
8BILIBilibili Inchistory →COM3.50%$2M118.3K
9Yandex NVCOM3.46%$2M50.1K
10BABAAlibaba Group Holding Ltdhistory →COM2.76%$2M8.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$331M28May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$395M33Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$782M42Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$367M37Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$155M28May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$222M33Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$182M28Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$129M28Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$165M23May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$133M20Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$84M8Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$69M9Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$143M16May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$234M23Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$207M24Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$561M28Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$293M21May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$195M15Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$379M19Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$311M25Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$256M19May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$255M19Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$156M20Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$187M22Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$63M11May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$63M13Feb 18, 2020RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.