SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Hidden Lake Asset Management LP

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

Reported Value
$156M
Q3 2020
Positions
20
Filings on Record
28
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Hidden Lake Asset Management LP reported $156M in U.S.-listed holdings across 20 positions for Q3 2020.

Its largest position, VIPS, represents 14.3% of the portfolio.

Compared with Q2 2020, the fund opened 13 new positions and exited 14.

Portfolio Metrics

Turnover
+67.5%
vs prior filed quarter
Top-10 Concentration
+75.0%
share of reported value
Largest Position
+14.3%
Vipshop
New / Exited
13 / 14
positions this quarter

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
Common Stock: 49.2%ADR: 41.2%Other: 9.6%
  • Common Stock · 49.2% · $77M
  • ADR · 41.2% · $64M
  • Other · 9.6% · $15M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VIPSVipshop Holdings LtdNEW+1.43M1.43M+$22M$22M
HTHTHuazhu Group LtdNEW+371.0K371.0K+$16M$16M
SIRIEURSirius XM Holdings IncNEW+2.42M2.42M+$13M$13M
PTONPeloton Interactive IncNEW+120.1K120.1K+$12M$12M
MTCHMatch Group IncNEW+85.4K85.4K+$9M$9M
PINSPinterest IncNEW+225.3K225.3K+$9M$9M
SNAPSnap IncNEW+236.1K236.1K+$6M$6M
QCOMQualcomm IncNEW+39.2K39.2K+$5M$5M

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

Holdings — Q3 2020

20 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VIPSVipshop Holdings Ltdhistory →Equity14.34%$22M1.43M
2HTHTHuazhu Group Ltdhistory →Equity10.28%$16M371.0K
3VNET21Vianet Group Inchistory →Equity8.34%$13M561.7K
4SIRIEURSirius XM Holdings Inchistory →Equity8.31%$13M2.42M
5PTONPeloton Interactive Inchistory →Equity7.64%$12M120.1K
6MTCHMatch Group Inchistory →Equity6.05%$9M85.4K
7PINSPinterest Inchistory →Equity5.99%$9M225.3K
8Fiverr International LtdEquity5.20%$8M58.4K
9NETCloudflare Inchistory →Equity4.46%$7M169.4K
10StoneCo LtdEquity4.38%$7M129.1K
11SNAPSnap Inchistory →Equity3.95%$6M236.1K
12MLB1Mercadolibre Inchistory →Equity3.68%$6M5.3K
13QCOMQualcomm Inchistory →Equity2.96%$5M39.2K
14FIVNFive9 Inchistory →Equity2.93%$5M35.2K
15QFIN360 DigiTech Inchistory →Equity2.52%$4M328.7K
16ANGI1EURANGI Homeservices Inchistory →Equity2.22%$3M312.5K
17BEKEKe Holdings Inchistory →Equity2.12%$3M54.1K
18Dada Nexus LtdEquity1.98%$3M117.0K
19BABAAlibaba Group Holding Ltdhistory →Equity1.65%$3M8.8K
20AMZNAmazon.com Inchistory →Equity1.01%$2M500

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 ↗.