HAP Trading, LLC
Filing Date
Sep 30, 2025
Global Rank
#599
/ 7,976
Top Industry
Semiconductors
14.0%
3Y Alpha vs SPY
+27.9%
Period ended 9 months ago
Filed Nov 12, 2025 · 7mo
Clone Performance
Nov 2025–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+25.4%
SPY
+11.0%
Annualised alpha
+27.9%
Max drawdown
−9.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
452 positions · as of Sep 30, 2025Top Position
8.0%
of portfolio value
Top 5
27.9%
of portfolio value
Top 10
40.4%
of portfolio value
HHI
237
Diversified
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 30.5% | $1,810,244,510 |
| Communication Services | 20.7% | $1,231,701,863 |
| Consumer Cyclical | 14.9% | $885,271,013 |
| Financial Services | 8.5% | $501,763,738 |
| Unclassified | 7.4% | $437,399,730 |
| Healthcare | 6.1% | $364,832,228 |
| Industrials | 5.2% | $310,823,744 |
| Energy | 2.3% | $135,428,457 |
| Consumer Defensive | 1.8% | $106,627,740 |
| Basic Materials | 1.3% | $79,088,224 |
| Utilities | 1.2% | $69,183,833 |
| Real Estate | 0.1% | $3,665,672 |
452 positions ·
$5,936,030,752 total
· as of Sep 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 452 positions by value
· page 1 of 10
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| APP |
AppLovin Corp
Communication Services
|
First | 658,200 | $472,943,028 | 7.97% | |
| META |
Meta Platforms, Inc.
Communication Services
|
First | 503,724 | $369,924,831 | 6.23% | |
| AVGO |
Broadcom Inc.
Technology
|
First | 961,588 | $317,237,497 | 5.34% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
First | 625,200 | $278,038,944 | 4.68% | |
| COIN |
Coinbase Global, Inc.
Financial Services
|
First | 641,584 | $216,528,184 | 3.65% | |
| SPY |
Spdr S&P 500 ETF Trust
|
First | 320,700 | $213,643,926 | 3.60% | |
| NVDA |
Nvidia Corp
Technology
|
First | 1,085,500 | $202,532,590 | 3.41% | |
| MSFT |
Microsoft Corp
Technology
|
First | 224,300 | $116,176,185 | 1.96% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
First | 184,300 | $110,648,191 | 1.86% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
First | 578,800 | $103,448,924 | 1.74% | |
| CVNA |
Carvana Co.
Consumer Cyclical
|
First | 273,200 | $103,061,968 | 1.74% | |
| AAPL |
Apple Inc.
Technology
|
First | 381,587 | $97,163,497 | 1.64% | |
| UAL |
United Airlines Holdings, Inc.
Industrials
|
First | 944,946 | $91,187,289 | 1.54% | |
| GLD |
Spdr Gold Trust
|
First | 244,700 | $86,983,509 | 1.47% | |
| ORCL |
Oracle Corp
Technology
|
First | 308,100 | $86,650,044 | 1.46% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
First | 384,329 | $84,387,118 | 1.42% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
First | 231,600 | $79,971,480 | 1.35% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
First | 410,300 | $74,846,926 | 1.26% | |
| WDC |
Western Digital Corp
Technology
|
First | 587,100 | $70,487,226 | 1.19% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
First | 267,600 | $65,053,560 | 1.10% | |
| W |
Wayfair Inc.
Consumer Cyclical
|
First | 676,130 | $60,398,692 | 1.02% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
First | 354,195 | $57,305,209 | 0.97% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
First | 200,000 | $55,858,000 | 0.94% | |
| BIDU |
Baidu, Inc.
Communication Services
|
First | 415,459 | $54,745,032 | 0.92% | |
| KBH |
Kb Home
Consumer Cyclical
|
First | 840,400 | $53,483,056 | 0.90% | |
| RDDT |
Reddit, Inc.
Communication Services
|
First | 203,700 | $46,848,963 | 0.79% | |
| MDB |
MongoDB, Inc.
Technology
|
First | 150,533 | $46,722,432 | 0.79% | |
| BA |
Boeing Co
Industrials
|
First | 201,691 | $43,530,968 | 0.73% | |
| LLY |
ELI LILLY & Co
Healthcare
|
First | 50,300 | $38,378,900 | 0.65% | |
| COR |
Cencora, Inc.
Healthcare
|
First | 122,109 | $38,162,725 | 0.64% | |
| XOM |
Exxon Mobil Corp
Energy
|
First | 299,300 | $33,746,075 | 0.57% | |
| UBER |
Uber Technologies, Inc
Technology
|
First | 339,900 | $33,300,003 | 0.56% | |
| CHTR |
Charter Communications, Inc. /Mo/
Communication Services
|
First | 118,715 | $32,659,683 | 0.55% | |
| SOC |
Sable Offshore Corp.
Energy
|
First | 1,842,824 | $32,175,707 | 0.54% | |
| MU |
Micron Technology Inc
Technology
|
First | 177,500 | $29,699,300 | 0.50% | |
| SNOW |
Snowflake Inc.
Technology
|
First | 130,700 | $29,479,385 | 0.50% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
First | 35,300 | $28,111,155 | 0.47% | |
| IREN |
IREN Ltd
Financial Services
|
First | 588,900 | $27,637,077 | 0.47% | |
| ASML |
Asml Holding NV
Technology
|
First | 28,200 | $27,300,138 | 0.46% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
First | 313,900 | $26,389,573 | 0.44% | |
| SATS |
EchoStar CORP
Communication Services
|
First | 338,600 | $25,855,496 | 0.44% | |
| JCI |
Johnson Controls International plc
Industrials
|
First | 226,900 | $24,947,655 | 0.42% | |
| GVA |
Granite Construction Inc
Industrials
|
First | 223,916 | $24,552,389 | 0.41% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
First | 552,200 | $24,236,058 | 0.41% | |
| PANW |
Palo Alto Networks Inc
Technology
|
First | 118,800 | $24,190,056 | 0.41% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
First | 25,900 | $23,973,817 | 0.40% | |
| LRCX |
Lam Research Corp
Technology
|
First | 173,400 | $23,218,260 | 0.39% | |
| ROKU |
Roku, Inc
Communication Services
|
First | 226,600 | $22,689,458 | 0.38% | |
| DXCM |
Dexcom Inc
Healthcare
|
First | 331,900 | $22,333,551 | 0.38% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
First | 44,900 | $22,018,062 | 0.37% |