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 |
111 positions ·
$1,810,244,510 total
· Technology 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
Showing 1–50
of 111 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AVGO |
Broadcom Inc.
Technology
|
First | 961,588 | $317,237,497 | 17.52% | |
| NVDA |
Nvidia Corp
Technology
|
First | 1,085,500 | $202,532,590 | 11.19% | |
| MSFT |
Microsoft Corp
Technology
|
First | 224,300 | $116,176,185 | 6.42% | |
| AAPL |
Apple Inc.
Technology
|
First | 381,587 | $97,163,497 | 5.37% | |
| ORCL |
Oracle Corp
Technology
|
First | 308,100 | $86,650,044 | 4.79% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
First | 410,300 | $74,846,926 | 4.13% | |
| WDC |
Western Digital Corp
Technology
|
First | 587,100 | $70,487,226 | 3.89% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
First | 354,195 | $57,305,209 | 3.17% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
First | 200,000 | $55,858,000 | 3.09% | |
| MDB |
MongoDB, Inc.
Technology
|
First | 150,533 | $46,722,432 | 2.58% | |
| UBER |
Uber Technologies, Inc
Technology
|
First | 339,900 | $33,300,003 | 1.84% | |
| MU |
Micron Technology Inc
Technology
|
First | 177,500 | $29,699,300 | 1.64% | |
| SNOW |
Snowflake Inc.
Technology
|
First | 130,700 | $29,479,385 | 1.63% | |
| ASML |
Asml Holding NV
Technology
|
First | 28,200 | $27,300,138 | 1.51% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
First | 313,900 | $26,389,573 | 1.46% | |
| PANW |
Palo Alto Networks Inc
Technology
|
First | 118,800 | $24,190,056 | 1.34% | |
| LRCX |
Lam Research Corp
Technology
|
First | 173,400 | $23,218,260 | 1.28% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
First | 44,900 | $22,018,062 | 1.22% | |
| ON |
On Semiconductor Corp
Technology
|
First | 436,602 | $21,528,844 | 1.19% | |
| STX |
Seagate Technology Holdings plc
Technology
|
First | 82,000 | $19,356,920 | 1.07% | |
| AMAT |
Applied Materials Inc /De
Technology
|
First | 92,900 | $19,020,346 | 1.05% | |
| MSTR |
Strategy Inc
Technology
|
First | 55,900 | $18,011,539 | 0.99% | |
| DELL |
Dell Technologies Inc.
Technology
|
First | 122,700 | $17,395,179 | 0.96% | |
| INTC |
Intel Corp
Technology
|
First | 479,293 | $16,080,280 | 0.89% | |
| SNDK |
Sandisk Corp
Technology
|
First | 138,813 | $15,574,818 | 0.86% | |
| CRM |
Salesforce, Inc.
Technology
|
First | 64,705 | $15,335,085 | 0.85% | |
| ARM |
Arm Holdings PLC /Uk
Technology
|
First | 103,030 | $14,577,714 | 0.81% | |
| SMCI |
Super Micro Computer, Inc.
Technology
|
First | 300,892 | $14,424,762 | 0.80% | |
| ANET |
Arista Networks, Inc.
Technology
|
First | 96,300 | $14,031,873 | 0.78% | |
| QCOM |
Qualcomm Inc/De
Technology
|
First | 82,400 | $13,708,064 | 0.76% | |
| APLD |
Applied Digital Corp.
Technology
|
First | 590,500 | $13,546,070 | 0.75% | |
| RUN |
Sunrun Inc.
Technology
|
First | 778,400 | $13,458,536 | 0.74% | |
| FSLR |
First Solar, Inc.
Technology
|
First | 53,300 | $11,754,249 | 0.65% | |
| ZS |
Zscaler, Inc.
Technology
|
First | 31,400 | $9,409,324 | 0.52% | |
| CRWV |
CoreWeave, Inc.
Technology
|
First | 65,400 | $8,949,990 | 0.49% | |
| IBM |
International Business Machines Corp
Technology
|
First | 31,600 | $8,916,256 | 0.49% | |
| XYZ |
Block, Inc.
Technology
|
First | 114,700 | $8,289,369 | 0.46% | |
| ADBE |
Adobe Inc.
Technology
|
First | 21,800 | $7,689,950 | 0.42% | |
| KLAC |
Kla Corp
Technology
|
First | 6,900 | $7,442,340 | 0.41% | |
| BULL |
Webull Corp
Technology
|
First | 502,000 | $7,424,580 | 0.41% | |
| FOUR |
Shift4 Payments, Inc.
Technology
|
First | 95,500 | $7,391,700 | 0.41% | |
| ACN |
Accenture plc
Technology
|
First | 29,400 | $7,250,040 | 0.40% | |
| TWLO |
Twilio Inc
Technology
|
First | 72,200 | $7,226,498 | 0.40% | |
| CORZ |
Core Scientific, Inc./tx
Technology
|
First | 384,800 | $6,903,312 | 0.38% | |
| ADP |
Automatic Data Processing Inc
Technology
|
First | 22,200 | $6,515,700 | 0.36% | |
| CLS |
Celestica Inc
Technology
|
First | 25,900 | $6,381,242 | 0.35% | |
| G |
Genpact LTD
Technology
|
First | 150,000 | $6,283,500 | 0.35% | |
| HPE |
Hewlett Packard Enterprise Co
Technology
|
First | 239,976 | $5,893,810 | 0.33% | |
| ALAB |
Astera Labs, Inc.
Technology
|
First | 28,600 | $5,599,880 | 0.31% | |
| SHOP |
Shopify Inc.
Technology
|
First | 36,800 | $5,468,848 | 0.30% |