Managers / Q3 2023 · view latest →
Hidden Lake Asset Management LP
CIK 0001750312 · 152 W 57TH STREET, SUITE 920, NEW YORK, NY, 10019 · 212-237-1290
Summary
Hidden Lake Asset Management LP reported $84M in U.S.-listed holdings across 8 positions for Q3 2023.
The portfolio is heavily concentrated: SE alone accounts for 24.5% of reported value.
Compared with Q2 2023, the fund opened 5 new positions and exited 6.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 52.8% · $44M
- ADR · 24.5% · $21M
- Other · 22.7% · $19M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| HASHASBRO INC | NEW | +238.1K | 238.1K | +$16M | $16M |
| COHRCOHERENT CORP | NEW | +383.3K | 383.3K | +$13M | $13M |
| XP INC | NEW | +439.1K | 439.1K | +$10M | $10M |
| DKNGDRAFTKINGS INC NEW | NEW | +158.4K | 158.4K | +$5M | $5M |
| KVYOKLAVIYO INC | NEW | +2.0K | 2.0K | +$69,000 | $69,000 |
| SESEA LTD | ADDED | +259.4K | 468.5K | +$8M | $21M |
| PINSPINTEREST INC | SOLD OUT | −415.6K | 0 | −$11M | $0 |
| ACVAACV Auctions Inc | SOLD OUT | −328.6K | 0 | −$6M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SESEA LTDhistory → | SPONSORD ADS | 24.53% | $21M | 468.5K |
| 2 | HASHASBRO INChistory → | COM | 18.76% | $16M | 238.1K |
| 3 | COHRCOHERENT CORPhistory → | COM | 14.90% | $13M | 383.3K |
| 4 | MLB1MERCADOLIBRE INChistory → | COM | 13.49% | $11M | 8.9K |
| 5 | XP INC | CL A | 12.06% | $10M | 439.1K |
| 6 | NU HLDGS LTD | ORD SHS CL A | 10.63% | $9M | 1.23M |
| 7 | DKNGDRAFTKINGS INC NEWhistory → | COM CL A | 5.56% | $5M | 158.4K |
| 8 | KVYOKLAVIYO INC | COM SER A | 0.08% | $69,000 | 2.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $331M | 28 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $395M | 33 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $782M | 42 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $367M | 37 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $155M | 28 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $222M | 33 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $182M | 28 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $129M | 28 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $165M | 23 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $133M | 20 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $84M | 8 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $69M | 9 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $143M | 16 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $234M | 23 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $207M | 24 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $561M | 28 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $293M | 21 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $195M | 15 | Feb 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $379M | 19 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $311M | 25 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $256M | 19 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $255M | 19 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $156M | 20 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $187M | 22 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $63M | 11 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $63M | 13 | Feb 18, 2020 | RESTATEMENT | changes · 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 ↗.