Hidden Lake Asset Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Hidden Lake Asset Management LP disclosed 25 US equity positions worth $101.4m in its Q1 2025 13F filing. The largest position was SE at 14.8% of the reported book, followed by SNOW and U. Against the Q4 2024 filing, it opened 11 new positions, added to 5 and reduced 9 among the top 25 holdings.
What did Hidden Lake Asset Management LP own in Q1 2025? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SE SEA LTD | Consumer Cyclical | 14.8% | $15.0m | 114,818 | -10% | reduced |
| 2 | SNOW SNOWFLAKE INC | Technology | 8.1% | $8.2m | 56,085 | – | new |
| 3 | U UNITY SOFTWARE INC | Technology | 7.6% | $7.7m | 391,540 | – | new |
| 4 | RBLX ROBLOX CORP | Communication Services | 7.0% | $7.1m | 121,853 | – | new |
| 5 | 8QR CONFLUENT INC | 6.8% | $6.9m | 295,661 | 229% | added | |
| 6 | DKNG DRAFTKINGS INC NEW | Consumer Cyclical | 5.9% | $6.0m | 179,248 | – | new |
| 7 | JD JD.COM INC | Consumer Cyclical | 5.7% | $5.8m | 141,430 | -34% | reduced |
| 8 | MU MICRON TECHNOLOGY INC | Technology | 5.1% | $5.2m | 59,550 | – | new |
| 9 | GTLB GITLAB INC | Technology | 4.9% | $4.9m | 105,283 | 32% | added |
| 10 | AVBP ARRIVENT BIOPHARMA INC | 4.6% | $4.7m | 254,371 | 38% | added | |
| 11 | CORZ CORE SCIENTIFIC INC NEW | Technology | 3.8% | $3.9m | 538,366 | 25% | added |
| 12 | HUT HUT 8 CORP | Financial Services | 3.2% | $3.3m | 282,829 | 7% | added |
| 13 | NU NU HLDGS LTD | Financial Services | 3.1% | $3.2m | 307,680 | – | new |
| 14 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.7% | $2.7m | 16,540 | -40% | reduced |
| 15 | ADI ANALOG DEVICES INC | Technology | 2.4% | $2.5m | 12,250 | – | new |
| 16 | GDS GDS HLDGS LTD | Technology | 2.1% | $2.1m | 84,090 | -68% | reduced |
| 17 | EQT EQT CORP | Energy | 1.9% | $1.9m | 35,690 | – | new |
| 18 | FUTU FUTU HLDGS LTD | Financial Services | 1.7% | $1.7m | 16,550 | – | new |
| 19 | AFRM AFFIRM HLDGS INC | Financial Services | 1.5% | $1.5m | 33,080 | -34% | reduced |
| 20 | TAL TAL EDUCATION GROUP | Consumer Defensive | 1.4% | $1.5m | 109,960 | – | new |
| 21 | KPLT KATAPULT HOLDINGS INC | 1.2% | $1.3m | 123,566 | -2% | reduced | |
| 22 | UPST UPSTART HLDGS INC | Financial Services | 1.2% | $1.2m | 27,062 | -83% | reduced |
| 23 | API AGORA INC | Technology | 1.2% | $1.2m | 307,281 | – | new |
| 24 | HOOD ROBINHOOD MKTS INC | Financial Services | 1.1% | $1.1m | 26,854 | -89% | reduced |
| 25 | WULF TERAWULF INC | Financial Services | 0.8% | $831.4k | 304,549 | -81% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.