SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Hidden Lake Asset Management LP

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

Reported Value
$561M
Q2 2022
Positions
28
Filings on Record
28
2019–present window
Filed
Aug 15, 2022
original filing

Summary

Hidden Lake Asset Management LP reported $561M in U.S.-listed holdings across 28 positions for Q2 2022.

Its largest position, BABA, represents 1.8% of the portfolio.

Compared with Q1 2022, the fund opened 15 new positions and exited 8.

Portfolio Metrics

Turnover
+42.2%
vs prior filed quarter
Top-10 Concentration
+12.5%
share of reported value
Largest Position
+1.8%
Alibaba Group Holding
New / Exited
15 / 8
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
Other: 82.8%Common Stock: 8.4%ADR: 7.9%ETP: 0.8%
  • Other · 82.8% · $465M
  • Common Stock · 8.4% · $47M
  • ADR · 7.9% · $44M
  • ETP · 0.8% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ETSY IncNEW+400.0K400.0K+$29M$29M
KraneShares CSI China Internet ETNEW+750.0K750.0K+$25M$25M
Meta Platforms IncNEW+125.0K125.0K+$20M$20M
Coinbase Global IncNEW+380.0K380.0K+$18M$18M
Lucid Group IncNEW+900.0K900.0K+$15M$15M
Alibaba Group Holding LtdNEW+110.0K110.0K+$13M$13M
New Oriental Education & TechnoloNEW+348.0K348.0K+$7M$7M
JMIAJumia Technologies AGNEW+1.01M1.01M+$6M$6M

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

Holdings — Q2 2022

18 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BABAAlibaba Group Holding Ltdhistory →Equity1.76%$10M86.6K
2CARGCarGurus Inchistory →Equity1.71%$10M445.4K
3HUBSHubSpot Inchistory →Equity1.39%$8M25.9K
4New Oriental Education & TechnoloEquity1.26%$7M348.0K
5MLB1Mercadolibre Inchistory →Equity1.16%$7M10.2K
6JMIAJumia Technologies AGhistory →Equity1.09%$6M1.01M
7UBERUber Technologies Inchistory →Equity1.09%$6M299.0K
8ATHMAutohome Inchistory →Equity1.06%$6M151.0K
9HTHTH World Group Ltdhistory →Equity1.03%$6M151.1K
10SESea LtdEquity0.98%$5M82.0K
11DOCNDigitalOcean Holdings IncEquity0.92%$5M125.2K
12Global-E Online LtdEquity0.82%$5M228.4K
13KraneShares CSI China Internet ETEquity0.81%$5M138.3K
14CUCAAvis Budget Group IncEquity0.76%$4M29.1K
15ABNBAirbnb IncEquity0.74%$4M46.7K
16AFRMAffirm Holdings IncEquity0.67%$4M207.3K
17XPEVXpeng IncEquity0.50%$3M88.3K
18APIAgora IncEquity0.26%$1M218.4K

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 ↗.