Hidden Lake Asset Management LP

Q4 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
33
Total value ($000)
$395,388
Net value change ($000)
-386,814 (-49.5%)
New positions
15
Sold out positions
22
Turnover %
131.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AMZN 18,472 250.4%
NVDA 16,093 NEW
UPST 13,844 NEW
GRAB HOLDINGS LIMITED 11,457 NEW
FIGR 7,679 NEW
WULF 6,831 NEW
SE 6,282 55.5%
LITE 5,849 NEW
SATS 5,641 NEW
DKNG 4,073 NEW
Top Reduces (Value $000, Stocks/ETFs)
PDD -15,972 -100.0%
CRWV -14,814 -100.0%
WIX -13,737 -100.0%
AAPL -12,873 -100.0%
RBLX -12,349 -88.3%
SPOT -11,407 -100.0%
CHWY -9,764 -100.0%
DUOL -9,480 -100.0%
DASH -7,695 -100.0%
BE -6,916 -67.6%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 211,896 (53.6% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type