HAP Trading, LLC

13F filer, CIK 1049854, NEW YORK, NY

HAP Trading, LLC reported $1,418,874,234 across 836 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-12. Its ten largest share positions make up 44.13% of the portfolio.

Filed 2025-11-12 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC13F-HR 0001049854-25-000012

Period: 2025-09-30
Reported value: $1.42B
Holdings: 836
Top 10 weight: 44.13%
New
Sold out

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001049854-25-000012, largest first. % of portfolio is the value over $362,803,383, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Timeline
METAMETA PLATFORMS INC	82,024	$60.2M	16.6%	Timeline
CORCENCORA INC	79,509	$24.8M	6.85%	Timeline
AVGOBROADCOM INC	52,088	$17.2M	4.74%	Timeline
BNSBANK NOVA SCOTIA B C	162,647	$14.7M	4.04%	Timeline
AMZNAMAZON COM INC	35,629	$7.82M	2.16%	Timeline
CHTRCHARTER COMMUNICATIONS INC	26,415	$7.27M	2%	Timeline
MDBMONGODB INC	23,333	$7.24M	2%	Timeline
BURLBURLINGTON STORES INC	28,433	$7.24M	1.99%	Timeline
TDTORONTO DOMINION BK ONT	85,301	$6.82M	1.88%	Timeline
SOCSABLE OFFSHORE CORP	388,524	$6.78M	1.87%	Timeline
EWCISHARES INC	129,472	$6.54M	1.8%	Timeline
WMWASTE MGMT INC DEL	27,952	$6.17M	1.7%	Timeline
XLKSELECT SECTOR SPDR TR	19,264	$5.43M	1.5%	Timeline
WWAYFAIR INC	59,630	$5.33M	1.47%	Timeline
AAPLAPPLE INC	20,287	$5.17M	1.42%	Timeline
SNDKSANDISK CORP	42,513	$4.77M	1.31%	Timeline
EEMISHARES TR	83,613	$4.46M	1.23%	Timeline
KWEBKRANESHARES TRUST	100,823	$4.24M	1.17%	Timeline
COINCOINBASE GLOBAL INC	12,184	$4.11M	1.13%	Timeline
PYPLPAYPAL HLDGS INC	59,832	$4.01M	1.11%	Timeline
ELLAUDER ESTEE COS INC	42,558	$3.75M	1.03%	Timeline
XRTSPDR SERIES TRUST	40,925	$3.53M	0.97%	Timeline
TMUST-MOBILE US INC	14,335	$3.43M	0.95%	Timeline
CRMSALESFORCE INC	14,305	$3.39M	0.93%	Timeline
CMGCHIPOTLE MEXICAN GRILL INC	80,657	$3.16M	0.87%	Timeline
ETENERGY TRANSFER L P	180,156	$3.09M	0.85%	Timeline
CMCANADIAN IMPERIAL BANK OF CO	27,882	$3.09M	0.85%	Timeline
ONON SEMICONDUCTOR CORP	61,802	$3.05M	0.84%	Timeline
TBTPROSHARES TR	90,075	$3.04M	0.84%	Timeline
FXIISHARES TR	72,879	$3M	0.83%	Timeline
DHRDANAHER CORP DEL	14,692	$2.91M	0.8%	Timeline
INTCINTEL CORP	83,393	$2.8M	0.77%	Timeline
PCGPG&E CORP	182,925	$2.76M	0.76%	Timeline
BABOEING CO	12,691	$2.74M	0.75%	Timeline
BIDUBAIDU INC	20,659	$2.72M	0.75%	Timeline
WFCWELLS FARGO & CO	32,032	$2.68M	0.74%	Timeline
CMACOMERICAINC	38,379	$2.63M	0.72%	Timeline
GVAGRANITE CONSTR INC	23,916	$2.62M	0.72%	Timeline
UALUNITED AIRLS HLDGS INC	26,546	$2.56M	0.71%	Timeline
AMDADVANCED MICRO DEVICES INC	15,795	$2.56M	0.7%	Timeline
SMCISUPER MICRO COMPUTER INC	52,592	$2.52M	0.69%	Timeline
TLTISHARES TR	27,285	$2.44M	0.67%	Timeline
PDDPDD HOLDINGS INC	17,792	$2.35M	0.65%	Timeline
PAASPAN AMERN SILVER CORP	59,644	$2.31M	0.64%	Timeline
NUNU HLDGS LTD	134,248	$2.15M	0.59%	Timeline
JNJJOHNSON & JOHNSON	11,447	$2.12M	0.59%	Timeline
FLRFLUOR CORP	49,872	$2.1M	0.58%	Timeline
SLFSUN LIFE FINANCIAL INC.	25,000	$2.09M	0.58%	Timeline
DALDELTA AIR LINES INC	34,063	$1.93M	0.53%	Timeline
COHRCOHERENT CORP	17,844	$1.92M	0.53%	Timeline
BEBLOOM ENERGY CORP	22,393	$1.89M	0.52%	Timeline
CNCCENTENE CORP DEL	51,328	$1.83M	0.5%	Timeline
MUXMCEWEN INC.	104,976	$1.8M	0.49%	Timeline
ARMARM HOLDINGS PLC	12,630	$1.79M	0.49%	Timeline
BTDRBITDEER TECHNOLOGIES GROUP	101,849	$1.74M	0.48%	Timeline
GDXVANECK ETF TRUST	21,755	$1.66M	0.46%	Timeline
TGTTARGET CORP	18,298	$1.64M	0.45%	Timeline
RKLBROCKET LAB CORP	33,390	$1.6M	0.44%	Timeline
CCLCARNIVAL CORP	53,088	$1.53M	0.42%	Timeline
NEMNEWMONT CORP	17,757	$1.5M	0.41%	Timeline
VGVENTURE GLOBAL INC	104,160	$1.48M	0.41%	Timeline
AZNASTRAZENECA PLC SPONSORED ADR	18,965	$1.45M	0.4%	Timeline
ARCTARCTURUS THERAPEUTICS HLDGS	77,142	$1.42M	0.39%	Timeline
UPSUNITED PARCEL SVCS INC	16,598	$1.39M	0.38%	Timeline
BPBP PLC	38,407	$1.32M	0.36%	Timeline
HPEHEWLETT PACKARD ENTERPRISE C	51,276	$1.26M	0.35%	Timeline
CSXCSX CORP	34,336	$1.22M	0.34%	Timeline
FCXFREEPORT MCMORAN INC	30,342	$1.19M	0.33%	Timeline
PRMPERIMETER SOLUTIONS INC	52,726	$1.18M	0.33%	Timeline
PAYOPAYONEER GLOBAL INC	193,447	$1.17M	0.32%	Timeline
HEHAWAIIAN ELEC INDS INC MTN B	102,748	$1.13M	0.31%	Timeline
CFLTCONFLUENT INC CL A (DE)	56,171	$1.11M	0.31%	Timeline
SRRKSCHOLAR ROCK HLDG CORP	28,906	$1.08M	0.3%	Timeline
JDJD.COM INC	30,602	$1.07M	0.3%	Timeline
CNQCANADIAN NAT RES LTD MED TER	24,218	$1.06M	0.29%	Timeline
CELHCELSIUS HLDGS INC	18,479	$1.06M	0.29%	Timeline
GLWCORNING INC	12,890	$1.06M	0.29%	Timeline
AVADEL PHARMACEUTICALS PLCAVADEL PHARMACEUTICALS PLC	68,962	$1.05M	0.29%
CYTKCYTOKINETICS INC	18,760	$1.03M	0.28%	Timeline
HOUSAnywhere Real Estate Inc	97,192	$1.03M	0.28%	Timeline
RELYREMITLY GLOBAL INC	62,596	$1.02M	0.28%	Timeline
CCCHEMOURS CO	64,212	$1.02M	0.28%	Timeline
GTLBGITLAB INC	22,142	$998K	0.28%	Timeline
BSXBOSTON SCIENTIFIC CORP	10,200	$996K	0.27%	Timeline
JMIAJUMIA TECHNOLOGIES AG	85,059	$988K	0.27%	Timeline
DLODLOCAL LTD	68,602	$980K	0.27%	Timeline
SMRNUSCALE PWR CORP	26,084	$939K	0.26%	Timeline
STLASTELLANTIS N.V	96,967	$906K	0.25%	Timeline
FLEXFLEX LTD	15,323	$888K	0.24%	Timeline
TIGOMILLICOM INTL CELLULAR S A	18,023	$875K	0.24%	Timeline
LRMRLARIMAR THERAPEUTICS INC	262,776	$849K	0.23%	Timeline
MATMATTEL INC	48,220	$812K	0.22%	Timeline
TOSTTOAST INC	21,943	$801K	0.22%	Timeline
PZZAPAPA JOHNS INTL INC	16,207	$780K	0.22%	Timeline
TSLLDIREXION SHARES ETF TRUST	35,107	$741K	0.2%	Timeline
VSATVIASAT INC	24,818	$727K	0.2%	Timeline
OSCROSCAR HEALTH INC	35,596	$674K	0.19%	Timeline
AESAES CORP	48,159	$634K	0.17%	Timeline
FLGFLAGSTAR BANK NATIONAL ASSOC	49,740	$574K	0.16%	Timeline
BMNRBITMINE IMMERSION TECHS INC	10,907	$566K	0.16%	Timeline
APLSAPELLIS PHARMACEUTICALS INC	24,763	$560K	0.15%	Timeline
TNADIREXION SHARES ETF TRUST	12,093	$547K	0.15%	Timeline
SOUNSOUNDHOUND AI INC	32,741	$526K	0.15%	Timeline
QBTSD-WAVE QUANTUM INC	19,856	$491K	0.14%	Timeline
GLNGGOLAR LNG LTD	11,903	$481K	0.13%	Timeline
CIFRCIPHER DIGITAL INC	36,602	$461K	0.13%	Timeline
PLCECHILDRENS PL INC NEW	73,175	$454K	0.13%	Timeline
VODVODAFONE GROUP PLC	39,171	$454K	0.13%	Timeline
KGCKINROSS GOLD CORP	17,752	$441K	0.12%	Timeline
CNKCINEMARK HLDGS INC	15,694	$440K	0.12%	Timeline
HALHALLIBURTON CO	17,823	$438K	0.12%	Timeline
VELVELOCITY FINL INC	24,159	$438K	0.12%	Timeline
CPBTHE CAMPBELLS COMPANY	13,647	$431K	0.12%	Timeline
NCLHNORWEGIAN CRUISE LINE HLDGS	17,008	$419K	0.12%	Timeline
CLSKCLEANSPARK INC	27,974	$406K	0.11%	Timeline
UAAUNDER ARMOUR INC	78,993	$394K	0.11%	Timeline
CANTOR EQUITY PARTNERS INCCANTOR EQUITY PARTNERS INC	17,400	$389K	0.11%
KALVKALVISTA PHARMACEUTICALS INC	31,219	$380K	0.1%	Timeline
ENPHENPHASE ENERGY INC	10,404	$368K	0.1%	Timeline
QSQUANTUMSCAPE CORP	29,288	$361K	0.1%	Timeline
APAAPA CORPORATION	13,701	$333K	0.09%	Timeline
INFYINFOSYS LTD	18,878	$307K	0.08%	Timeline
BEKEKE HLDGS INC	15,837	$301K	0.08%	Timeline
DOWDOW HLDGS INC	13,056	$299K	0.08%	Timeline
TEVATEVA PHARMACEUTICAL INDS LTD	14,492	$293K	0.08%	Timeline
AEOAMERICAN EAGLE OUTFITTERS IN	16,770	$287K	0.08%	Timeline
SABRSABRE CORP	156,222	$286K	0.08%	Timeline
AIC3 AI INC	16,334	$283K	0.08%	Timeline
BILIBILIBILI INC	10,072	$283K	0.08%	Timeline
SSENTINELONE INC	15,384	$271K	0.07%	Timeline
SNAPSNAP INC	33,899	$261K	0.07%	Timeline
HLHECLA MINING COMPANY	21,503	$260K	0.07%	Timeline
PRPERMIAN RESOURCES CORP	20,262	$259K	0.07%	Timeline
LIONLIONSGATE STUDIOS CORP	34,479	$238K	0.07%	Timeline
ZETAZETA GLOBAL HOLDINGS CORP	11,352	$226K	0.06%	Timeline
MLTXMOONLAKE IMMUNOTHERAPEUTICS	31,073	$223K	0.06%	Timeline
SQQQProShares UltraPro Short QQQ	13,820	$210K	0.06%	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

The largest 100 of 699. All 699

Security	Type	Amount	Value
APPAPPLOVIN CORP Stock	call	648,100	$425M
NVDANVIDIA CORPORATION COM	call	673,600	$51.5M
AVGOBROADCOM INC COM	call	461,000	$50.6M
COINCOINBASE GLOBAL INC Stock	call	574,600	$44.7M
TSLATESLA INC COM	call	308,800	$31M
WDCWESTERN DIGITAL CORP COM	call	495,300	$26.3M
WWAYFAIR INC CL A	call	574,000	$16.1M
METAMETA PLATFORMS INC COM	call	199,200	$15.1M
NFLXNETFLIX INC. COM	call	42,700	$14M
PLTRPALANTIR TECHNOLOGIES INC COM	call	265,600	$13M
BABAALIBABA GROUP HLDG LTD SPONSORED ADS	call	366,900	$11.8M
RDDTREDDIT INC Stock	call	158,700	$11.5M
SPYSTATE STR SPDR S&P 500 ETF T SHS	call	155,200	$10.8M
IRENIREN LIMITED STOK	call	333,200	$10.6M
CVNACARVANA CO Stock	call	218,500	$9.09M
GVAGRANITE CONSTR INC Stock	call	200,000	$8.92M
GOOGLALPHABET INC COM	call	188,500	$8.84M
MSFTMICROSOFT CORP COM	call	136,400	$8.23M
AAPLAPPLE INC COM	call	234,500	$7.75M
QQQINVESCO QQQ TR COM	call	101,900	$7.68M
TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS	call	148,700	$6.85M
JCIJOHNSON CONTROLS INTERNATION Stock	call	226,900	$6.06M
GLDSPDR GOLD TR GOLD SHS	call	168,400	$5.69M
HOODROBINHOOD MKTS INC COM	call	97,100	$5.45M
AMDADVANCED MICRO DEVICES INC COM	call	178,800	$5.32M
SNOWSNOWFLAKE INC Stock	call	115,200	$5.25M
ORCLORACLE CORP COM	call	115,000	$4.27M
UBERUBER TECHNOLOGIES INC COM	call	250,900	$4.02M
ASMLASML HLDG NV STOK	call	28,200	$3.95M
UNHUNITEDHEALTH GROUP INC COM	call	166,700	$3.92M
SOCSABLE OFFSHORE CORP COM SHS	put	1,022,900	$3.89M
MUMICRON TECHNOLOGY INC COM	call	139,300	$3.63M
AMZNAMAZON COM INC COM	call	178,500	$3.43M
TECKTECK RESOURCES LTD Stock	call	552,200	$3.22M
SNDKSANDISK CORP COM	call	56,200	$3.03M
GSGOLDMAN SACHS GROUP INC COM	call	18,000	$2.88M
MSTRSTRATEGY INC Stock	call	40,300	$2.87M
LRCXLAM RESEARCH CORP COM	call	133,100	$2.75M
EWCISHARES INC MSCI CDA ETF	put	2,629,300	$2.68M
NFLXNETFLIX INC. COM	put	65,000	$2.6M
BABOEING CO COM	call	83,700	$2.52M
CNQCANADIAN NAT RES LTD MED TER Stock	put	229,000	$2.46M
WBDWARNER BROS DISCOVERY INC Stock	call	445,400	$2.4M
ORCLORACLE CORP COM	put	193,100	$2.4M
MDBMONGODB INC Stock	put	110,900	$2.39M
METAMETA PLATFORMS INC COM	put	222,500	$2.35M
ASTSAST SPACEMOBILE INC Stock	call	94,000	$2.31M
GOOGALPHABET INC COM	call	52,800	$2.17M
CMGCHIPOTLE MEXICAN GRILL INC STOK	put	155,800	$2.07M
SOXLDIREXION SHARES ETF TRUST DAI SEM BUL ETF	call	174,400	$1.97M
SOFISOFI TECHNOLOGIES INC Stock	call	216,800	$1.96M
GMEGAMESTOP CORP CL A	call	213,500	$1.93M
ONON SEMICONDUCTOR CORP Stock	call	317,700	$1.93M
TSLATESLA INC COM	put	316,400	$1.92M
LYVLIVE NATION ENTERTAINMENT IN Stock	call	100,600	$1.91M
TQQQPROSHARES TR ULTRAPRO QQQ	call	64,900	$1.87M
SKYDPARAMOUNT SKYDANCE CORP COM CL B	call	270,300	$1.81M
NEENEXTERA ENERGY INC COM	call	176,700	$1.72M
CRWDCROWDSTRIKE HLDGS INC COM	call	18,600	$1.69M
ANETARISTA NETWORKS INC COM	call	49,100	$1.67M
ECHOECHOSTAR CORP CL A	call	56,900	$1.67M
GDXVANECK ETF TRUST GOLD MINERS ETF	call	65,800	$1.6M
HOUSAnywhere Real Estate Inc Common Stock	call	212,600	$1.55M
OKLOOKLO INC Stock	call	37,200	$1.54M
BEBLOOM ENERGY CORP COM	call	45,500	$1.53M
GEVGE VERNOVA INC COM	call	10,900	$1.53M
CELHCELSIUS HLDGS INC COM NEW	call	151,100	$1.52M
RUNSUNRUN INC COM	call	127,800	$1.51M
EWCISHARES INC MSCI CDA ETF	call	390,900	$1.46M
NBISNEBIUS GROUP N.V. SHS CLASS A	call	30,600	$1.44M
XPXP INC Stock	call	450,900	$1.43M
INTCINTEL CORP COM	call	212,300	$1.43M
SMHVANECK ETF TRUST COM	call	148,500	$1.41M
AVGOBROADCOM INC COM	put	448,500	$1.38M
ASHRDBX ETF TR XTRACK HRVST CSI	call	657,400	$1.37M
EOSEEOS ENERGY ENTERPRISES INC Stock	call	222,500	$1.34M
NVDANVIDIA CORPORATION COM	put	411,900	$1.32M
BIDUBAIDU INC ADR	call	259,000	$1.32M
DELLDELL TECHNOLOGIES INC Stock	call	77,100	$1.28M
FSLRFIRST SOLAR INC Stock	call	38,000	$1.25M
BABAALIBABA GROUP HLDG LTD SPONSORED ADS	put	211,900	$1.25M
BULLWEBULL CORP ORD SHS	call	502,000	$1.24M
LLYELI LILLY & CO COM	call	28,300	$1.22M
SPXLDIREXION SHARES ETF TRUST DA 500 BU 3X ETF	call	16,700	$1.21M
ONDSONDAS INC COM NEW	call	254,500	$1.21M
CCITIGROUP INC COM	call	61,000	$1.18M
CFGCITIZENS FINL GROUP INC Stock	call	102,100	$1.17M
NXTNEXTPOWER INC Stock	call	65,500	$1.17M
XOMEXXON MOBIL CORP COM	put	100,500	$1.13M
SLVISHARES SILVER TR COM	call	192,400	$1.11M
MRVLMARVELL TECHNOLOGY INC COM	call	125,800	$1.1M
UNHUNITEDHEALTH GROUP INC COM	put	64,900	$1.09M
JNJJOHNSON & JOHNSON COM	call	56,700	$1.06M
KWEBKRANESHARES TRUST CSI CHI INTERNET	call	551,200	$1.05M
WULFTERAWULF INC COM	call	273,100	$1.03M
MLTXMOONLAKE IMMUNOTHERAPEUTICS Stock	put	40,000	$1.01M
RKTROCKET COS INC COM CL A	call	324,390	$1000K
CLSCELESTICA INC Stock	call	15,200	$952K
AMZNAMAZON COM INC COM	put	170,200	$938K
STXSEAGATE TECHNOLOGY HLDNGS PL ORD SHS	call	38,200	$928K

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001049854-25-000012	base		2025-11-12	acceptance time not in the bulk data set	2026-10-07 03:02:25 UTC

Filings

Every filing of this filer: 13F reports and notices, the 13D and 13G it filed or is a reporting person of, and Forms 3, 4 and 5 it reported as an owner.

Filing	Subject	Filed	Accepted	Ingested
13F-HR 0001049854-25-000012	Quarter ended 2025-09-30	2025-11-12	acceptance time not in the bulk data set	2026-10-07 03:02:25 UTC