HAP Trading, LLC

NEW YORK, NY · CIK 1484972 · 13F filing filed 2025-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityHAP TRADING, LLC (US)
Part of HAP HOLDINGS, LLC (US)

Other 13F filers in this group: HAP Trading, LLC last filed Q3 2025

Others nearbyNew York, NY
FamilyHAP HOLDINGS, LLC · 2 related pages · largest: HAP Trading, LLC

$229.9m reported value -18.1% vs Q1 2025

107positions

37.7%in top 10

57 new 22 added 28 reduced 59 sold out vs Q1 2025

Options: 356 call positions ($760.2m notional), 261 put positions ($67.4m notional) – listed below, not included above.

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	40,961	$11.4m4.97%	4.97%	New
2	ISHARES INC MSCI CDA ETF EWC	EWC	239,905	$11.1m4.82%	4.82%	Added +205.9k	+205,855 604.6%
3	COINBASE GLOBAL INC COM CL A COIN	COIN	29,886	$10.5m4.56%	4.56%	Reduced -24.5k	-24,522 -45.1%
4	AMAZON COM INC COM AMZN	AMZN	43,388	$9.5m4.14%	4.14%	New
5	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	39,505	$8.9m3.89%	3.89%	Reduced -36.3k	-36,322 -47.9%
6	META PLATFORMS INC CL A META	META	10,966	$8.1m3.52%	3.52%	New
7	MONGODB INC CL A MDB	MDB	36,230	$7.6m3.31%	3.31%	Added +9.7k	+9,701 36.6%
8	CELESTICA INC COM CLS	CLS	42,982	$6.7m2.92%	2.92%	New
9	TESLA INC COM TSLA	TSLA	20,173	$6.4m2.79%	2.79%	New
10	GE AEROSPACE COM NEW GE	GE	24,438	$6.3m2.74%	2.74%	New
11	TKO GROUP HOLDINGS INC CL A TKO	TKO	31,019	$5.6m2.46%	2.46%	Reduced -63.6k	-63,587 -67.2%
12	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	71,032	$5.3m2.33%	2.33%	New
13	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	38,382	$5.2m2.28%	2.28%	New
14	WESTERN DIGITAL CORP COM WDC	WDC	79,770	$5.1m2.22%	2.22%	Reduced -11.9k	-11,946 -13.0%
15	ON SEMICONDUCTOR CORP COM ON	ON	89,946	$4.7m2.05%	2.05%	Added +12.5k	+12,505 16.1%
16	CANADIAN IMPERIAL BANK OF CO COM CM	CM	45,389	$4.4m1.92%	1.92%	New
17	WAYFAIR INC CL A W	W	85,854	$4.4m1.91%	1.91%	Added +36.8k	+36,750 74.8%
18	ARM HOLDINGS PLC SPONSORED ADS ARM	ARM	24,286	$3.9m1.71%	1.71%	Reduced -33.6k	-33,610 -58.0%
19	TORONTO DOMINION BK ONT COM NEW TD	TD	48,917	$3.6m1.56%	1.56%	Added +25.9k	+25,929 112.8%
20	JOHNSON & JOHNSON COM JNJ	JNJ	22,415	$3.4m1.49%	1.49%	Reduced -6.0k	-6,022 -21.2%
21	ISHARES TR NATIONAL MUN ETF MUB	MUB	32,284	$3.4m1.47%	1.47%	New
22	SUNRUN INC COM RUN	RUN	400,758	$3.3m1.43%	1.43%	New
23	SALESFORCE INC COM CRM	CRM	11,997	$3.3m1.42%	1.42%	New
24	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	12,849	$3.3m1.42%	1.42%	New
25	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	22,515	$3.2m1.41%	1.41%	New
26	T-MOBILE US INC COM TMUS	TMUS	13,552	$3.2m1.40%	1.40%	Added +340	+340 2.6%
27	ASTRAZENECA PLC SPONSORED ADR SPONSORED ADR		44,533	$3.1m1.35%	1.35%	New
28	GRANITE CONSTR INC COM GVA	GVA	32,617	$3.1m1.33%	1.33%	Reduced -10.0k	-9,956 -23.4%
29	NOVO-NORDISK A S ADR NVO	NVO	44,060	$3.0m1.32%	1.32%	New
30	SUPER MICRO COMPUTER INC COM NEW SMCI	SMCI	59,518	$2.9m1.27%	1.27%	Added +14.6k	+14,610 32.5%
31	LAUDER ESTEE COS INC CL A EL	EL	34,775	$2.8m1.22%	1.22%	New
32	ABBVIE INC COM ABBV	ABBV	14,777	$2.7m1.19%	1.19%	New
33	GILEAD SCIENCES INC COM GILD	GILD	24,620	$2.7m1.19%	1.19%	New
34	ADVANCED MICRO DEVICES INC COM AMD	AMD	15,458	$2.2m0.95%	0.95%	Reduced -1.5k	-1,518 -8.9%
35	UNITED AIRLS HLDGS INC COM UAL	UAL	25,326	$2.0m0.88%	0.88%	Reduced -4.4k	-4,368 -14.7%
36	NU HLDGS LTD ORD SHS CL A NU	NU	141,504	$1.9m0.84%	0.84%	Added +98.9k	+98,927 232.3%
37	PENN ENTERTAINMENT INC COM PENN	PENN	105,942	$1.9m0.82%	0.82%	Added +25.7k	+25,663 32.0%
38	THE TRADE DESK INC COM CL A TTD	TTD	25,056	$1.8m0.78%	0.78%	Reduced -31.4k	-31,433 -55.6%
39	CORE SCIENTIFIC INC NEW COM CORZ	CORZ	105,295	$1.8m0.78%	0.78%	Added +3.8k	+3,797 3.7%
40	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	17,073	$1.8m0.77%	0.77%	New
41	DEXCOM INC COM DXCM	DXCM	18,836	$1.6m0.72%	0.72%	Added +6.1k	+6,140 48.4%
42	FLOOR & DECOR HLDGS INC CL A FND	FND	20,565	$1.6m0.68%	0.68%	New
43	PFIZER INC COM PFE	PFE	61,326	$1.5m0.65%	0.65%	Reduced -64.7k	-64,659 -51.3%
44	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	13,332	$1.4m0.61%	0.61%	Reduced -30.9k	-30,904 -69.9%
45	SUN LIFE FINANCIAL INC. COM SLF	SLF	15,000	$1.4m0.59%	0.59%	Reduced -8.0k	-8,000 -34.8%
46	PAYPAL HLDGS INC COM PYPL	PYPL	17,789	$1.3m0.58%	0.58%	Reduced -28.7k	-28,702 -61.7%
47	SANDISK CORP COM SNDK	SNDK	28,497	$1.3m0.56%	0.56%	Reduced -4.2k	-4,155 -12.7%
48	CLEANSPARK INC COM NEW CLSK	CLSK	108,775	$1.2m0.52%	0.52%	Added +45.7k	+45,666 72.4%
49	CAVA GROUP INC COM CAVA	CAVA	13,340	$1.1m0.49%	0.49%	New
50	BLOCK INC CL A XYZ	XYZ	15,684	$1.1m0.46%	0.46%	Added +790	+790 5.3%
51	OCCIDENTAL PETE CORP COM OXY	OXY	25,249	$1.1m0.46%	0.46%	Added +14.6k	+14,611 137.3%
52	BAIDU INC SPON ADR REP A BIDU	BIDU	12,125	$1.0m0.45%	0.45%	New
53	VODAFONE GROUP PLC NEW SPONSORED ADR VOD	VOD	90,616	$966.0k0.42%	0.42%	New
54	INTEL CORP COM INTC	INTC	42,580	$953.8k0.41%	0.41%	Reduced -108.1k	-108,091 -71.7%
55	WELLS FARGO CO NEW COM WFC	WFC	11,815	$946.6k0.41%	0.41%	Reduced -12.8k	-12,755 -51.9%
56	CELSIUS HLDGS INC COM NEW CELH	CELH	19,963	$926.1k0.40%	0.40%	Reduced -192	-192 -0.9%
57	CONFLUENT INC CLASS A COM CFLT	CFLT	36,538	$910.9k0.40%	0.40%	Added +11.9k	+11,862 48.1%
58	ROGERS COMMUNICATIONS INC CL B RCI	RCI	22,000	$888.6k0.39%	0.39%	New
59	TOAST INC CL A TOST	TOST	19,633	$869.5k0.38%	0.38%	Added +5.9k	+5,905 43.0%
60	GITLAB INC CLASS A COM GTLB	GTLB	18,752	$845.9k0.37%	0.37%	Added +8.4k	+8,445 81.9%
61	OSCAR HEALTH INC CL A OSCR	OSCR	39,050	$837.2k0.36%	0.36%	New
62	SABRE CORP COM SABR	SABR	263,660	$833.2k0.36%	0.36%	New
63	HEWLETT PACKARD ENTERPRISE C COM HPE	HPE	39,887	$815.7k0.35%	0.35%	Reduced -2.7k	-2,745 -6.4%
64	MARVELL TECHNOLOGY INC COM MRVL	MRVL	10,380	$803.4k0.35%	0.35%	Reduced -14.6k	-14,621 -58.5%
65	SKYWORKS SOLUTIONS INC COM SWKS	SWKS	10,706	$797.8k0.35%	0.35%	Reduced -2.3k	-2,283 -17.6%
66	AES CORP COM AES	AES	73,998	$778.5k0.34%	0.34%	Added +31.8k	+31,811 75.4%
67	FMC CORP COM NEW FMC	FMC	18,005	$751.7k0.33%	0.33%	New
68	STELLANTIS N.V SHS STLA	STLA	72,264	$724.8k0.32%	0.32%	New
69	GOLAR LNG LTD SHS GLNG	GLNG	16,825	$693.0k0.30%	0.30%	New
70	LARIMAR THERAPEUTICS INC COM LRMR	LRMR	237,776	$687.2k0.30%	0.30%	New
71	LAMB WESTON HLDGS INC COM LW	LW	12,604	$653.5k0.28%	0.28%	New
72	JD.COM INC SPON ADS CL A JD	JD	19,611	$640.1k0.28%	0.28%	New
73	NUSCALE PWR CORP CL A COM SMR	SMR	15,639	$618.7k0.27%	0.27%	New
74	FLAGSTAR FINANCIAL INC COM NEW FLG	FLG	54,575	$578.5k0.25%	0.25%	New
75	FLEX LTD ORD FLEX	FLEX	11,192	$558.7k0.24%	0.24%	New
76	VIASAT INC COM VSAT	VSAT	35,695	$521.1k0.23%	0.23%	Reduced -1.3k	-1,276 -3.5%
77	C3 AI INC CL A AI	AI	19,830	$487.2k0.21%	0.21%	New
78	APPLIED DIGITAL CORP COM NEW APLD	APLD	41,989	$422.8k0.18%	0.18%	Reduced -73.9k	-73,864 -63.8%
79	CSX CORP COM CSX	CSX	12,199	$398.1k0.17%	0.17%	New
80	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	34,484	$395.2k0.17%	0.17%	Reduced -5.7k	-5,693 -14.2%
81	GDS HLDGS LTD SPONSORED ADS GDS	GDS	12,858	$393.1k0.17%	0.17%	New
82	ROCKET LAB CORP COM RKLB	RKLB	10,866	$388.7k0.17%	0.17%	New
83	ALBERTSONS COS INC COMMON STOCK ACI	ACI	17,895	$384.9k0.17%	0.17%	Added +3.3k	+3,268 22.3%
84	AVADEL PHARMACEUTICALS PLC COM SHS AVDL	AVDL	42,832	$379.1k0.16%	0.16%	Added +7.0k	+6,986 19.5%
85	SENTINELONE INC CL A S	S	20,592	$376.4k0.16%	0.16%	New
86	VELOCITY FINL INC COM VEL	VEL	20,097	$372.6k0.16%	0.16%	New
87	SNAP INC CL A SNAP	SNAP	42,541	$369.7k0.16%	0.16%	Added +4.1k	+4,135 10.8%
88	CHILDRENS PL INC NEW COM PLCE	PLCE	80,703	$357.5k0.16%	0.16%	New
89	BLOOM ENERGY CORP COM CL A BE	BE	14,352	$343.3k0.15%	0.15%	New
90	ANGI INC CL A NEW ANGI	ANGI	21,745	$331.8k0.14%	0.14%	New
91	XP INC CL A XP	XP	15,770	$318.6k0.14%	0.14%	New
92	UNDER ARMOUR INC CL A UAA	UAA	45,947	$313.8k0.14%	0.14%	New
93	APELLIS PHARMACEUTICALS INC COM APLS	APLS	17,937	$310.5k0.14%	0.14%	New
94	KINROSS GOLD CORP COM KGC	KGC	19,119	$298.8k0.13%	0.13%	Reduced -145.6k	-145,634 -88.4%
95	KINDER MORGAN INC DEL COM KMI	KMI	10,114	$297.4k0.13%	0.13%	New
96	ORGANON & CO COMMON STOCK OGN	OGN	30,433	$294.6k0.13%	0.13%	New
97	WILLSCOT HLDGS CORP COM CL A WSC	WSC	10,699	$293.2k0.13%	0.13%	Reduced -75.4k	-75,370 -87.6%
98	UROGEN PHARMA LTD COM URGN	URGN	19,806	$271.3k0.12%	0.12%	New
99	GAMESTOP CORP NEW CL A GME	GME	10,943	$266.9k0.12%	0.12%	New
100	RIVIAN AUTOMOTIVE INC COM CL A RIVN	RIVN	19,411	$266.7k0.12%	0.12%	New

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
NVIDIA CORPORATION NVDA	NVDA	146,678	$15.9m146.7k shares
ALIBABA GROUP HLDG LTD BABA	BABA	85,071	$11.2m85.1k shares
SPDR S&P 500 ETF TR SPY	SPY	17,189	$9.6m17.2k shares
ALPHABET INC GOOGL	GOOGL	58,300	$9.0m58.3k shares
APPLIED MATLS INC AMAT	AMAT	47,474	$6.9m47.5k shares
BROADCOM INC AVGO	AVGO	40,432	$6.8m40.4k shares
ORACLE CORP ORCL	ORCL	42,997	$6.0m43.0k shares
MICROSOFT CORP MSFT	MSFT	15,828	$5.9m15.8k shares
SPOTIFY TECHNOLOGY S A SPOT	SPOT	10,243	$5.6m10.2k shares
HALLIBURTON CO HAL	HAL	193,131	$4.9m193.1k shares
TWILIO INC TWLO	TWLO	46,392	$4.5m46.4k shares
WALMART INC WMT	WMT	48,626	$4.3m48.6k shares
MICROSTRATEGY INC MSTR	MSTR	14,541	$4.2m14.5k shares
TEXAS INSTRS INC TXN	TXN	23,262	$4.2m23.3k shares
ZSCALER INC ZS	ZS	20,667	$4.1m20.7k shares
NEUROCRINE BIOSCIENCES INC NBIX	NBIX	35,884	$4.0m35.9k shares
STARBUCKS CORP SBUX	SBUX	37,399	$3.7m37.4k shares
BOEING CO BA	BA	20,987	$3.6m21.0k shares
DATADOG INC DDOG	DDOG	35,212	$3.5m35.2k shares
TRUIST FINL CORP TFC	TFC	83,515	$3.4m83.5k shares
AMEDISYS INC AMED	AMED	32,422	$3.0m32.4k shares
APPLE INC AAPL	AAPL	13,002	$2.9m13.0k shares
ISHARES TR EFA	EFA	29,569	$2.4m29.6k shares
MICRON TECHNOLOGY INC MU	MU	27,166	$2.4m27.2k shares
CORCEPT THERAPEUTICS INC CORT	CORT	18,626	$2.1m18.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
APPLOVIN CORP APP · Call	APP	Call	638,900	$192.2m638.9k shares	Reduced
META PLATFORMS INC META · Call	META	Call	477,700	$136.3m477.7k shares	Reduced
COINBASE GLOBAL INC COIN · Call	COIN	Call	526,300	$62.5m526.3k shares	Added
BROADCOM INC AVGO · Call	AVGO	Call	476,100	$53.3m476.1k shares	Reduced
NVIDIA CORPORATION NVDA · Call	NVDA	Call	631,800	$37.9m631.8k shares	Added
CENCORA INC COR · Call	COR	Call	325,200	$27.1m325.2k shares	Added
NETFLIX INC NFLX · Call	NFLX	Call	54,600	$21.7m54.6k shares	Added
PALO ALTO NETWORKS INC PANW · Call	PANW	Call	118,000	$14.1m118.0k shares	Reduced
TESLA INC TSLA · Call	TSLA	Call	223,200	$12.6m223.2k shares	Reduced
MONGODB INC MDB · Put	MDB	Put	107,000	$9.2m107.0k shares	Added
PALANTIR TECHNOLOGIES INC PLTR · Call	PLTR	Call	228,200	$9.0m228.2k shares	Reduced
MICROSOFT CORP MSFT · Call	MSFT	Call	141,800	$8.6m141.8k shares	Added
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	279,800	$8.5m279.8k shares	Added
ADVANCED MICRO DEVICES INC AMD · Call	AMD	Call	357,300	$7.7m357.3k shares	Added
INVESCO QQQ TR QQQ · Call	QQQ	Call	105,800	$6.4m105.8k shares	Added
GRANITE CONSTR INC GVA · Call	GVA	Call	200,000	$6.3m200.0k shares	Unchanged
WESTERN DIGITAL CORP WDC · Call	WDC	Call	259,000	$6.0m259.0k shares	Reduced
SNOWFLAKE INC SNOW · Call	SNOW	Call	116,000	$5.9m116.0k shares	Added
JOHNSON CTLS INTL PLC JCI · Call	JCI	Call	179,100	$5.3m179.1k shares	Reduced
WAYFAIR INC W · Call	W	Call	539,900	$5.2m539.9k shares	Reduced
WALMART INC WMT · Call	WMT	Call	304,400	$4.8m304.4k shares	Added
CARVANA CO CVNA · Call	CVNA	Call	69,300	$4.8m69.3k shares	Reduced
AMAZON COM INC AMZN · Call	AMZN	Call	279,000	$4.7m279.0k shares	Added
REDDIT INC RDDT · Call	RDDT	Call	110,600	$4.4m110.6k shares	Reduced
TESLA INC TSLA · Put	TSLA	Put	305,600	$4.3m305.6k shares	Added