SEC 13F Intelligence

Managers / Q3 2024 · view latest →

Hidden Lake Asset Management LP

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

Reported Value
$182M
Q3 2024
Positions
28
Filings on Record
28
2019–present window
Filed
Nov 14, 2024
original filing

Summary

Hidden Lake Asset Management LP reported $182M in U.S.-listed holdings across 28 positions for Q3 2024.

Its largest position, SE, represents 7.8% of the portfolio.

Compared with Q2 2024, the fund opened 17 new positions and exited 18.

Portfolio Metrics

Turnover
+58.0%
vs prior filed quarter
Top-10 Concentration
+39.4%
share of reported value
Largest Position
+7.8%
Sea
New / Exited
17 / 18
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: 42.7%ADR: 39.0%ETP: 16.1%Other: 2.2%
  • Common Stock · 42.7% · $78M
  • ADR · 39.0% · $71M
  • ETP · 16.1% · $29M
  • Other · 2.2% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NDQINVESCO QQQ TRNEW+60.0K60.0K+$29M$29M
PINSPINTEREST INCNEW+434.9K434.9K+$14M$14M
BIDUNBAIDU INCNEW+117.2K117.2K+$12M$12M
WULFTERAWULF INCNEW+1.52M1.52M+$7M$7M
LVSLAS VEGAS SANDS CORPNEW+126.4K126.4K+$6M$6M
TSMTAIWAN SEMICONDUCTOR MFG LTDNEW+35.0K35.0K+$6M$6M
CORZCORE SCIENTIFIC INC NEWNEW+512.0K512.0K+$6M$6M
RDDTREDDIT INCNEW+74.6K74.6K+$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 2024

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SESEA LTDhistory →SPONSORD ADS7.80%$14M150.5K
2AFRMAFFIRM HLDGS INChistory →COM CL A5.14%$9M228.8K
3WULFTERAWULF INChistory →COM3.91%$7M1.52M
4LVSLAS VEGAS SANDS CORPhistory →COM3.50%$6M126.4K
5TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS3.34%$6M35.0K
6CORZCORE SCIENTIFIC INC NEWhistory →COM3.34%$6M512.0K
7GDSGDS HLDGS LTDhistory →SPONSORED ADS3.30%$6M294.0K
8GTLBGITLAB INChistory →CLASS A COM3.15%$6M111.2K
9RBLXROBLOX CORPhistory →CL A3.12%$6M128.4K
10CHWYCHEWY INChistory →CL A2.80%$5M173.9K
11RDDTREDDIT INChistory →CL A2.70%$5M74.6K
12NEW ORIENTAL ED & TECHNOLOGYSPON ADR2.65%$5M63.7K
13DKNGDRAFTKINGS INC NEWhistory →COM CL A2.27%$4M105.3K
14BITDEER TECHNOLOGIES GROUPCL A ORD SHS2.22%$4M515.3K
15ZTOZTO EXPRESS CAYMAN INChistory →SPONSORED ADS A2.10%$4M154.3K
16UPSTUPSTART HLDGS INChistory →COM1.72%$3M78.3K
17BIDUNBAIDU INChistory →SPON ADR REP A1.58%$3M27.2K
18ROKUROKU INChistory →COM CL A1.53%$3M37.2K
19PINSPINTEREST INChistory →CL A1.33%$2M74.9K
20BEKEKE HLDGS INChistory →SPONSORED ADS1.11%$2M101.2K
21CEGCONSTELLATION ENERGY CORPhistory →COM1.07%$2M7.5K
22TALTAL EDUCATION GROUPSPONSORED ADS0.90%$2M137.9K
23KPLTKATAPULT HOLDINGS INCCOM NEW0.72%$1M126.5K
24GSXGBPGAOTU TECHEDU INCSPONSORED ADS0.63%$1M291.4K

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 ↗.