Hidden Lake Asset Management LP In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Hidden Lake Asset Management LP reported 26 stock positions worth $117.3 million . Its top holding was Sea Ltd.-ADR (SE) at 13.2% of the portfolio, followed by Jd.com Inc.-ADR (JD, 8.3% ) and PayPal (PYPL, 7.3% ). Compared with Q1 2024, it opened 16 new positions, sold out of 8, added to 4 and reduced 6. The biggest buy was a new position in Jumia Technologies AG-ADR (JMIA) and the biggest sale an exit from Neighborhood Intelligence (NXH).
Location NEW YORK, NY
CIK 0001750312
Portfolio Value $117.3M (Q2 2024) Holdings 26 stocks · $117.3M 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 2024 SE Sea Ltd.-ADR 216,073 $15.4M Reduce -22.1% JD Jd.com Inc.-ADR 378,340 $9.8M Add +22.1% PYPL PayPal Holdings Inc. 147,550 $8.6M Add +6.7% JMIA Jumia Technologies AG-ADR 1,135,735 $8.0M New MRVL Marvell Technology Inc. 102,106 $7.1M Reduce -17.2% AAPL Apple Inc. 31,990 $6.7M New AMZN Amazon.com Inc. 34,620 $6.7M New RBLX Roblox Corp. Class A 152,970 $5.7M New W Wayfair Inc. Class A 107,630 $5.7M Add +32.1% DKNG Draftkings Inc. Class A 142,720 $5.4M Reduce -10.2% AFRM Affirm Holdings Inc. 175,730 $5.3M New COHR Coherent Corp. 63,840 $4.6M Reduce -14.6% MTSI Macom Technology Solutions H 36,560 $4.1M New MDB Mongodb Inc. 15,360 $3.8M New GTLB Gitlab Inc. Class A 72,830 $3.6M Add +97.5% PSN Parsons Corp. 32,290 $2.6M New TER Teradyne Inc. 14,413 $2.1M Reduce -1.1% KPLT Katapult Holdings Inc. 122,885 $2.1M New AVGO Broadcom Inc. 1,170 $1.9M New CHWY Chewy Inc. Class A 66,380 $1.8M New GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 172,634 $1.6M New PDD PDD Holdings Inc. 11,650 $1.5M New RIVN Rivian Automotive Inc. Class A 64,630 $867K New SOUN Soundhound AI Inc. Class A 213,870 $845K New AVBP Arrivent Biopharma Inc. 37,121 $689K New AAOI Applied Optoelectronics Inc. 72,530 $601K Reduce -0.5%
Options reported separately and not counted above: JD calls ($11.6M), JMIA calls ($140K).
Portfolio Sells Q1 2024 → Q2 2024 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 2024 % Of Portfolio Change To Portfolio ▲ NXH Neighborhood Intelligence Inc. Sold out 0.00% −12.19 TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −7.77 LVS Las Vegas Sands Corp. Sold out 0.00% −6.75 TCOM Trip.com Group Ltd.-ADR Sold out 0.00% −4.25 GOOG Alphabet Inc. Class C Sold out 0.00% −4.05 ESTC Elastic NV Sold out 0.00% −2.99 DKNG Draftkings Inc. Class A Reduce -10.2% 4.64% −2.16 MRVL Marvell Technology Inc. Reduce -17.2% 6.09% −2.16 TTWO Take-Two Interactive Softwre Sold out 0.00% −2.09 SE Sea Ltd.-ADR Reduce -22.1% 13.16% −0.89 AAOI Applied Optoelectronics Inc. Reduce -0.5% 0.51% −0.44 COHR Coherent Corp. Reduce -14.6% 3.94% −0.33 KVYO Klaviyo Inc. Class A Sold out 0.00% −0.05 TER Teradyne Inc. Reduce -1.1% 1.82% +0.27
Portfolio Buys Q1 2024 → Q2 2024 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 2024 % Of Portfolio Change To Portfolio ▼ JMIA Jumia Technologies AG-ADR New 6.80% +6.80 AAPL Apple Inc. New 5.75% +5.75 AMZN Amazon.com Inc. New 5.70% +5.70 RBLX Roblox Corp. Class A New 4.85% +4.85 AFRM Affirm Holdings Inc. New 4.53% +4.53 MTSI Macom Technology Solutions H New 3.47% +3.47 MDB Mongodb Inc. New 3.27% +3.27 PSN Parsons Corp. New 2.25% +2.25 KPLT Katapult Holdings Inc. New 1.76% +1.76 AVGO Broadcom Inc. New 1.60% +1.60 CHWY Chewy Inc. Class A New 1.54% +1.54 GDS GDS Holdings Ltd. - ADR New 1.37% +1.37 PDD PDD Holdings Inc. New 1.32% +1.32 GTLB Gitlab Inc. Class A Add +97.5% 3.09% +1.06 RIVN Rivian Automotive Inc. Class A New 0.74% +0.74 SOUN Soundhound AI Inc. Class A New 0.72% +0.72 AVBP Arrivent Biopharma Inc. New 0.59% +0.59 JD Jd.com Inc.-ADR Add +22.1% 8.34% +0.33 W Wayfair Inc. Class A Add +32.1% 4.84% −0.38 PYPL PayPal Holdings Inc. Add +6.7% 7.30% −1.44
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ JD Jd.com Inc.-ADR call Reduce -62.5% 450,000 $11.6M KWEB Kranesh Csi China Internet call Sold out 300,000 $7.9Mbefore exit LVS Las Vegas Sands Corp. call Sold out 150,000 $7.8Mbefore exit SMCI Super Micro Computer Inc. put Sold out 7,000 $7.1Mbefore exit SE Sea Ltd.-ADR call Sold out 65,000 $3.5Mbefore exit JMIA Jumia Technologies AG-ADR call New 20,000 $140K
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