# HAP Trading, LLC

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1484972. Source: https://holderbook.com/funds/1484972-hap-trading-llc/

- Reported value: $1.1B
- Positions: 439
- Weight of the ten largest: 58.0%
- Filed: 2025-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $192.4M | 0 | 18.2% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $147.0M | 10,966 | 13.9% | 27 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $74.1M | 29,886 | 7.0% | 17 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $54.0M | 0 | 5.1% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $39.5M | 0 | 3.7% | 27 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $27.3M | 0 | 2.6% | 7 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $23.5M | 0 | 2.2% | 27 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $23.3M | 20,173 | 2.2% | 17 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $16.9M | 36,230 | 1.6% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $15.2M | 43,388 | 1.4% | 27 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $14.9M | 38,382 | 1.4% | 19 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $14.6M | 0 | 1.4% | 25 |
| ISHARES INC | [EWC](https://holderbook.com/stocks/EWC/) | $13.0M | 239,905 | 1.2% | 5 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $12.5M | 39,505 | 1.2% | 17 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $12.2M | 40,961 | 1.1% | 21 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $11.2M | 79,770 | 1.1% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $11.2M | 15,458 | 1.1% | 27 |
| WAYFAIR INC | [W](https://holderbook.com/stocks/W/) | $9.7M | 85,854 | 0.9% | 17 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $9.5M | 0 | 0.9% | 21 |
| GRANITE CONSTR INC | [GVA](https://holderbook.com/stocks/GVA/) | $9.3M | 32,617 | 0.9% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $8.9M | 0 | 0.8% | 27 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $7.4M | 89,946 | 0.7% | 26 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $7.0M | 42,982 | 0.7% | 1 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $7.0M | 24,438 | 0.7% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.9M | 0 | 0.6% | 27 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $6.1M | 0 | 0.6% | 19 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $5.8M | 24,286 | 0.5% | 6 |
| TKO GROUP HOLDINGS INC | [TKO](https://holderbook.com/stocks/TKO/) | $5.6M | 31,019 | 0.5% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $5.5M | 0 | 0.5% | 17 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $5.3M | 71,032 | 0.5% | 1 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $5.3M | 0 | 0.5% | 3 |
| SUNRUN INC | [RUN](https://holderbook.com/stocks/RUN/) | $5.0M | 400,758 | 0.5% | 1 |
| CARVANA CO | [CVNA](https://holderbook.com/stocks/CVNA/) | $4.8M | 0 | 0.5% | 27 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $4.7M | 22,515 | 0.4% | 1 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $4.6M | 0 | 0.4% | 3 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $4.4M | 0 | 0.4% | 17 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $4.4M | 45,389 | 0.4% | 1 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $4.2M | 59,518 | 0.4% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.0M | 0 | 0.4% | 27 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $3.9M | 11,997 | 0.4% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.8M | 22,415 | 0.4% | 27 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $3.6M | 0 | 0.3% | 27 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $3.6M | 48,917 | 0.3% | 2 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $3.4M | 44,060 | 0.3% | 3 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $3.4M | 32,284 | 0.3% | 1 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $3.3M | 0 | 0.3% | 3 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $3.3M | 12,849 | 0.3% | 1 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $3.2M | 13,552 | 0.3% | 17 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $3.2M | 0 | 0.3% | 7 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $3.2M | 24,620 | 0.3% | 1 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $3.1M | 44,533 | 0.3% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.1M | 14,777 | 0.3% | 3 |
| UNITED AIRLS HLDGS INC | [UAL](https://holderbook.com/stocks/UAL/) | $3.0M | 25,326 | 0.3% | 17 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.9M | 0 | 0.3% | 6 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $2.8M | 34,775 | 0.3% | 3 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $2.8M | 0 | 0.3% | 27 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.4M | 0 | 0.2% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $2.4M | 0 | 0.2% | 27 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $2.4M | 18,836 | 0.2% | 5 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $2.4M | 0 | 0.2% | 24 |
| WOLFSPEED INC | [WOLF](https://holderbook.com/stocks/WOLF/) | $2.4M | 0 | 0.2% | 6 |
| THE TRADE DESK INC | [TTD](https://holderbook.com/stocks/TTD/) | $2.3M | 25,056 | 0.2% | 3 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $2.2M | 0 | 0.2% | 2 |
| DIREXION SHARES ETF TRUST | [SOXL](https://holderbook.com/stocks/SOXL/) | $2.2M | 0 | 0.2% | 21 |
| BOOZ ALLEN HAMILTON HLDG COR | [BAH](https://holderbook.com/stocks/BAH/) | $2.2M | 17,073 | 0.2% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.2M | 0 | 0.2% | 17 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $2.1M | 141,504 | 0.2% | 15 |
| PENN ENTERTAINMENT INC | [PENN](https://holderbook.com/stocks/PENN/) | $2.1M | 105,942 | 0.2% | 4 |
| CORE SCIENTIFIC INC NEW | [CORZ](https://holderbook.com/stocks/CORZ/) | $2.0M | 105,295 | 0.2% | 4 |
| CELSIUS HLDGS INC | [CELH](https://holderbook.com/stocks/CELH/) | $2.0M | 19,963 | 0.2% | 3 |
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $1.9M | 0 | 0.2% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.8M | 0 | 0.2% | 27 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.8M | 0 | 0.2% | 27 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.7M | 10,380 | 0.2% | 9 |
| CLEANSPARK INC | [CLSK](https://holderbook.com/stocks/CLSK/) | $1.7M | 108,775 | 0.2% | 19 |
| FLOOR & DECOR HLDGS INC | [FND](https://holderbook.com/stocks/FND/) | $1.7M | 20,565 | 0.2% | 1 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $1.7M | 17,789 | 0.2% | 27 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $1.7M | 13,332 | 0.2% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.7M | 61,326 | 0.2% | 27 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $1.6M | 0 | 0.2% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.6M | 42,580 | 0.2% | 27 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.6M | 0 | 0.2% | 27 |
| VENTURE GLOBAL INC | [VG](https://holderbook.com/stocks/VG/) | $1.6M | 14,358 | 0.1% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.5M | 0 | 0.1% | 22 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.4M | 0 | 0.1% | 8 |
| GITLAB INC | [GTLB](https://holderbook.com/stocks/GTLB/) | $1.4M | 18,752 | 0.1% | 2 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $1.4M | 15,000 | 0.1% | 2 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $1.4M | 0 | 0.1% | 27 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.4M | 0 | 0.1% | 8 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $1.3M | 15,684 | 0.1% | 21 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.3M | 11,815 | 0.1% | 17 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $1.3M | 28,497 | 0.1% | 2 |
| PROSHARES TR | [TQQQ](https://holderbook.com/stocks/TQQQ/) | $1.3M | 0 | 0.1% | 17 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $1.3M | 12,125 | 0.1% | 5 |
| ARK ETF TR | [ARKK](https://holderbook.com/stocks/ARKK/) | $1.2M | 0 | 0.1% | 20 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.2M | 0 | 0.1% | 1 |
| CONFLUENT INC | [CFLT](https://holderbook.com/stocks/CFLT/) | $1.2M | 36,538 | 0.1% | 2 |
| CAVA GROUP INC | [CAVA](https://holderbook.com/stocks/CAVA/) | $1.2M | 13,340 | 0.1% | 2 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $1.1M | 25,249 | 0.1% | 27 |
| VODAFONE GROUP PLC | [VOD](https://holderbook.com/stocks/VOD/) | $1.1M | 90,616 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2024 | -2.4% | +4.0% | -6.5% | 63% |
| Q1 2024 | +4.9% | +10.0% | -5.2% | 82% |
| Q4 2023 | +6.9% | +11.2% | -4.3% | 87% |
| Q3 2023 | -7.1% | -3.6% | -3.5% | 89% |
| Q2 2023 | +4.4% | +8.3% | -3.8% | 85% |
| Q1 2023 | +4.0% | +7.0% | -3.1% | 78% |
| Q4 2022 | +9.6% | +7.1% | +2.5% | 68% |
| Q3 2022 | -7.0% | -5.3% | -1.7% | 63% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $1.1B | 439 |
| Q1 2025 | $934.7M | 411 |
| Q4 2024 | $1.2B | 431 |
| Q3 2024 | $871.9M | 414 |
| Q2 2024 | $840.4M | 400 |
| Q1 2024 | $873.3M | 418 |
| Q4 2023 | $629.6M | 575 |
| Q3 2023 | $626.1M | 617 |
| Q2 2023 | $571.7M | 672 |
| Q1 2023 | $640.2M | 731 |
| Q4 2022 | $979.2M | 882 |
| Q3 2022 | $1.5B | 1,001 |