HAP Trading, LLC
Filing Date
Sep 30, 2025
Global Rank
#602
/ 7,983
Top Industry
Semiconductors
14.0%
3Y Alpha vs SPY
+27.8%
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
+27.5%
SPY
+13.2%
Annualised alpha
+27.8%
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 |
34 positions ·
$79,088,224 total
· Basic Materials only
· as of Sep 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AMTX |
Aemetis, Inc
Basic Materials
|
First | 12,200 | $27,450 | 0.03% | |
| UAMY |
United States Antimony Corp
Basic Materials
|
First | 11,200 | $69,440 | 0.09% | |
| LAC |
Lithium Americas Corp.
Basic Materials
|
First | 28,700 | $163,877 | 0.21% | |
| USAR |
USA Rare Earth, Inc.
Basic Materials
|
First | 10,200 | $175,338 | 0.22% | |
| ORLA |
Orla Mining Ltd.
Basic Materials
|
First | 18,800 | $203,040 | 0.26% | |
| IAG |
Iamgold Corp
Basic Materials
|
First | 19,000 | $245,670 | 0.31% | |
| CDE |
Coeur Mining, Inc.
Basic Materials
|
First | 15,700 | $294,532 | 0.37% | |
| MOS |
Mosaic Co
Basic Materials
|
First | 10,200 | $353,736 | 0.45% | |
| CLF |
Cleveland-Cliffs Inc.
Basic Materials
|
First | 33,000 | $402,600 | 0.51% | |
| TMC |
TMC the metals Co Inc.
Basic Materials
|
First | 65,000 | $414,050 | 0.52% | |
| VALE |
Vale S.A.
Basic Materials
|
First | 44,600 | $484,356 | 0.61% | |
| HL |
Hecla Mining Co/De/
Basic Materials
|
First | 60,003 | $726,036 | 0.92% | |
| AA |
Alcoa Corp
Basic Materials
|
First | 22,100 | $726,869 | 0.92% | |
| KGC |
Kinross Gold Corp
Basic Materials
|
First | 29,452 | $731,882 | 0.93% | |
| EGO |
Eldorado Gold Corp /Fi
Basic Materials
|
First | 26,700 | $771,363 | 0.98% | |
| SSRM |
Ssr Mining Inc.
Basic Materials
|
First | 41,300 | $1,008,546 | 1.28% | |
| SBSW |
Sibanye Stillwater Ltd
Basic Materials
|
First | 100,000 | $1,124,000 | 1.42% | |
| PRM |
Perimeter Solutions, Inc.
Basic Materials
|
First | 52,726 | $1,180,535 | 1.49% | |
| IE |
Ivanhoe Electric Inc.
Basic Materials
|
First | 100,600 | $1,262,530 | 1.60% | |
| DOW |
Dow Inc.
Basic Materials
|
First | 58,856 | $1,349,568 | 1.71% | |
| MUX |
McEwen Inc.
Basic Materials
|
First | 104,976 | $1,795,089 | 2.27% | |
| NUE |
Nucor Corp
Basic Materials
|
First | 13,800 | $1,868,934 | 2.36% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
First | 13,900 | $2,342,984 | 2.96% | |
| ALB |
Albemarle Corp
Basic Materials
|
First | 29,700 | $2,408,076 | 3.04% | |
| B |
Barrick Mining Corp
Basic Materials
|
First | 75,200 | $2,464,304 | 3.12% | |
| CENX |
Century Aluminum Co
Basic Materials
|
First | 100,600 | $2,953,616 | 3.73% | |
| MP |
MP Materials Corp. / DE
Basic Materials
|
First | 44,300 | $2,971,201 | 3.76% | |
| AG |
First Majestic Silver Corp
Basic Materials
|
First | 269,900 | $3,317,071 | 4.19% | |
| KWR |
Quaker Chemical Corp
Basic Materials
|
First | 27,000 | $3,557,250 | 4.50% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
First | 100,242 | $3,931,491 | 4.97% | |
| PAAS |
Pan American Silver Corp
Basic Materials
|
First | 107,869 | $4,177,766 | 5.28% | |
| CC |
Chemours Co
Basic Materials
|
First | 266,412 | $4,219,966 | 5.34% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
First | 84,557 | $7,129,000 | 9.01% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
First | 552,200 | $24,236,058 | 30.64% |