Managers / Q1 2024 · 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 $165M in U.S.-listed holdings across 23 positions for Q1 2024.
Its largest position, SE, represents 9.0% of the portfolio.
Compared with Q4 2023, the fund opened 11 new positions and exited 11.
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 · 49.4% · $82M
- ADR · 43.9% · $72M
- ETP · 4.8% · $8M
- Other · 1.9% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| JDJD.COM INC | NEW | +1.51M | 1.51M | +$41M | $41M |
| LVSLAS VEGAS SANDS CORP | NEW | +288.3K | 288.3K | +$15M | $15M |
| KRANESHARES TRUST | NEW | +300.0K | 300.0K | +$8M | $8M |
| DKNGDRAFTKINGS INC NEW | NEW | +158.9K | 158.9K | +$7M | $7M |
| SMCIUSDSUPER MICRO COMPUTER INC | NEW | +7.0K | 7.0K | +$7M | $7M |
| COHRCOHERENT CORP | NEW | +74.7K | 74.7K | +$5M | $5M |
| GOOGALPHABET INC | NEW | +28.2K | 28.2K | +$4M | $4M |
| ELASTIC N V | NEW | +31.7K | 31.7K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SESEA LTDhistory → | SPONSORD ADS | 9.02% | $15M | 277.2K |
| 2 | OVERBEYOND INChistory → | COM | 7.83% | $13M | 359.9K |
| 3 | PYPLPAYPAL HLDGS INChistory → | COM | 5.61% | $9M | 138.3K |
| 4 | MRVLMARVELL TECHNOLOGY INChistory → | COM | 5.30% | $9M | 123.4K |
| 5 | JDJD.COM INChistory → | SPON ADR CL A | 5.14% | $8M | 309.9K |
| 6 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 4.99% | $8M | 60.6K |
| 7 | DKNGDRAFTKINGS INC NEWhistory → | COM CL A | 4.37% | $7M | 158.9K |
| 8 | LVSLAS VEGAS SANDS CORPhistory → | COM | 4.33% | $7M | 138.3K |
| 9 | WWAYFAIR INChistory → | CL A | 3.35% | $6M | 81.5K |
| 10 | COHRCOHERENT CORPhistory → | COM | 2.74% | $5M | 74.7K |
| 11 | CLVTRIP COM GROUP LTDhistory → | ADS | 2.73% | $5M | 102.5K |
| 12 | GOOGALPHABET INChistory → | CAP STK CL C | 2.60% | $4M | 28.2K |
| 13 | ELASTIC N V | ORD SHS | 1.92% | $3M | 31.7K |
| 14 | TTWOTAKE-TWO INTERACTIVE SOFTWARhistory → | COM | 1.34% | $2M | 14.9K |
| 15 | GTLBGITLAB INChistory → | CLASS A COM | 1.30% | $2M | 36.9K |
| 16 | TERTERADYNE INC | COM | 1.00% | $2M | 14.6K |
| 17 | AAOIAPPLIED OPTOELECTRONICS INC | COM | 0.61% | $1M | 72.9K |
| 18 | KVYOKLAVIYO INC | COM SER A | 0.03% | $50,960 | 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 ↗.