Hidden Lake Asset Management LP In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Hidden Lake Asset Management LP reported 15 stock positions worth $146.7 million . Its top holding was Advanced Micro Devices (AMD) at 13.3% of the portfolio, followed by Seagate Technology (STX, 11.1% ) and Applied Materials (AMAT, 9.6% ). Compared with Q1 2026, it opened 11 new positions, sold out of 16, added to 1 and reduced 3. The biggest buy was a new position in Seagate Technology (STX) and the biggest sale an exit from Wayfair Class A (W).
Location NEW YORK, NY
CIK 0001750312
Portfolio Value $146.7M (Q2 2026) Holdings 15 stocks · $146.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 AMD Advanced Micro Devices 33,594 $19.5M Reduce -41.1% STX Seagate Technology Holdings 16,877 $16.3M New AMAT Applied Materials Inc. 19,410 $14.0M Add +63.4% SNOW Snowflake Inc. 52,768 $13.4M New STM Stmicroelectronics NV-NY SHS 173,243 $13.0M Reduce -9.7% U Unity Software Inc. 386,393 $11.0M Reduce -41.6% MU Micron Technology Inc. 8,683 $10.0M New UPST Upstart Holdings Inc. 281,614 $10.0M New TTMI TTM Technologies 39,751 $7.4M New ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 3,350 $6.7M New ALAB Astera Labs Inc. 13,302 $6.4M New NOK Nokia Corp.-Spon ADR 468,952 $6.2M New INTC Intel Corp. 34,918 $4.9M New AER Aercap Holdings NV 27,175 $4.0M New BABA Alibaba Group Holding-SP ADR 40,075 $3.8M New
Options reported separately and not counted above: SOXX puts ($73.7M), QQQ puts ($35.3M), KWEB calls ($25.4M), IGV calls ($18.1M), UAL calls ($14.1M), EWZ calls ($9.5M), PINS calls ($3.7M), RDDT calls ($2.9M), DKNG calls ($2.8M).
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ W Wayfair Inc. Class A Sold out 0.00% −10.99 EQIX Equinix Inc. Sold out 0.00% −9.37 VNET Vnet Group Inc.-ADR Sold out 0.00% −7.37 AKAM Akamai Technologies Inc. Sold out 0.00% −5.61 ZM Zoom Communications Inc. Sold out 0.00% −5.19 TER Teradyne Inc. Sold out 0.00% −5.11 SE Sea Ltd.-ADR Sold out 0.00% −5.06 TSEM Tower Semiconductor Ltd. Sold out 0.00% −4.71 ARM Arm Holdings PLC-ADR Sold out 0.00% −4.55 NET Cloudflare Inc. Class A Sold out 0.00% −4.39 GDS GDS Holdings Ltd. - ADR Sold out 0.00% −3.80 WULF Terawulf Inc. Sold out 0.00% −3.13 BE Bloom Energy Corp. Class A Sold out 0.00% −2.45 U Unity Software Inc. Reduce -41.6% 7.53% −2.09 FIGR Figure Technology Solut Class A Sold out 0.00% −1.74 VECO Veeco Instruments Inc. Sold out 0.00% −1.13 GRAB Grab Holdings Ltd. Class A Sold out 0.00% −1.01 STM Stmicroelectronics NV-NY SHS Reduce -9.7% 8.84% +4.45 AMD Advanced Micro Devices Reduce -41.1% 13.30% +5.61
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ STX Seagate Technology Holdings New 11.10% +11.10 SNOW Snowflake Inc. New 9.15% +9.15 AMAT Applied Materials Inc. Add +63.4% 9.56% +6.87 MU Micron Technology Inc. New 6.83% +6.83 UPST Upstart Holdings Inc. New 6.80% +6.80 TTMI TTM Technologies New 5.07% +5.07 ASML ASML Holding NV-NY Reg SHS New 4.54% +4.54 ALAB Astera Labs Inc. New 4.38% +4.38 NOK Nokia Corp.-Spon ADR New 4.24% +4.24 INTC Intel Corp. New 3.32% +3.32 AER Aercap Holdings NV New 2.70% +2.70 BABA Alibaba Group Holding-SP ADR New 2.62% +2.62
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ SOXX iShares Semiconductor ETF put New 115,000 $73.7M IWM iShares Russell 2000 ETF put Sold out 255,000 $63.2Mbefore exit MSFT Microsoft Corp. call Sold out 120,000 $44.4Mbefore exit QQQ Invesco QQQ Trust Series 1 put New 48,000 $35.3M KWEB Kranesh Csi China Internet call New 1,040,000 $25.4M ZM Zoom Communications Inc. call Sold out 280,000 $22.5Mbefore exit TLT iShares 20+ Year Treasury BD call Sold out 250,000 $21.7Mbefore exit IGV iShares Expanded Tech-Softwa call New 200,000 $18.1M ADI Analog Devices Inc. call Sold out 47,500 $15.1Mbefore exit UAL United Airlines Holdings Inc. call New 103,500 $14.1M EWZ iShares MSCI Brazil ETF call New 275,000 $9.5M SMH Vaneck Semiconductor ETF put Sold out 20,000 $7.7Mbefore exit PYPL PayPal Holdings Inc. call Sold out 100,000 $4.5Mbefore exit PINS Pinterest Inc. Class A call New 175,000 $3.7M RDDT Reddit Inc. Class A call New 16,500 $2.9M DKNG Draftkings Inc. Class A call New 110,000 $2.8M U Unity Software Inc. call Sold out 38,500 $845Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 15 $146.7M AMD, STX, AMAT, SNOW, STM Q1 2026 20 $150.9M W, U, EQIX, AMD, VNET Q4 2025 30 $183.5M AMZN, SE, NVDA, UPST, GRAB Q3 2025 37 $250.3M PDD, CRWV, RBLX, WIX, AAPL Q2 2025 28 $203.5M RDDT, AFRM, SE, CFLT, RBLX Q1 2025 25 $101.4M SE, SNOW, U, RBLX, CFLT Q4 2024 28 $146.5M SE, UPST, CRM, WULF, HOOD Q3 2024 24 $112.6M SE, AFRM, WULF, LVS, TSM Q2 2024 26 $117.3M SE, JD, PYPL, JMIA, MRVL Q1 2024 18 $106.0M SE, NXH, PYPL, MRVL, JD