Hap Trading 13F annual report
Hap Trading is an investment fund managing more than $323 billion ran by Michael Joseph. There are currently 116 companies in Mr. Joseph’s portfolio. The largest investments include Zillow Inc and Cytokinetics Inc, together worth $62.4 billion.
$323 billion Assets Under Management (AUM)
As of 6th May 2024, Hap Trading’s top holding is 709,770 shares of Zillow Inc currently worth over $34.6 billion and making up 10.7% of the portfolio value.
Relative to the number of outstanding shares of Zillow Inc, Hap Trading owns more than approximately 0.1% of the company.
In addition, the fund holds 395,529 shares of Cytokinetics Inc worth $27.7 billion, whose value grew 94.0% in the past six months.
The third-largest holding is Kroger Co worth $16 billion and the next is VanEck ETF Trust worth $12.1 billion, with 53,899 shares owned.
Currently, Hap Trading's portfolio is worth at least $323 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Hap Trading
The Hap Trading office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Joseph serves as the COO & CFO at Hap Trading.
Recent trades
In the most recent 13F filing, Hap Trading revealed that it had opened a new position in
Cytokinetics Inc and bought 395,529 shares worth $27.7 billion.
This means they effectively own approximately 0.1% of the company.
Cytokinetics Inc makes up
45.7%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Zillow Inc by buying
177,342 additional shares.
This makes their stake in Zillow Inc total 709,770 shares worth $34.6 billion.
Zillow Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Hap Trading is getting rid of from its portfolio.
Hap Trading closed its position in Charter Communications Inc N on 13th May 2024.
It sold the previously owned 62,648 shares for $24.4 billion.
Michael Joseph also disclosed a decreased stake in Kenvue Inc by 0.3%.
This leaves the value of the investment at $10.6 billion and 494,595 shares.
One of the smaller hedge funds
The two most similar investment funds to Hap Trading are Whalerock Point Partners and Boltwood Capital Management. They manage $323 billion and $323 billion respectively.
Michael Joseph investment strategy
Hap Trading’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 18.8% of
the total portfolio value.
The fund focuses on investments in the United States as
55.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
25% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $50.2 billion.
The complete list of Hap Trading trades based on 13F SEC filings
These positions were updated on May 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Zillow Group Inc |
33.31%
709,770
|
$34,622,581,000 | 10.73% |
| Cytokinetics Inc |
Opened
395,529
|
$27,730,538,000 | 8.59% |
| Charter Communications Inc N |
Closed
62,648
|
$24,350,025,000 | |
| Cigna Group (The) |
Closed
56,738
|
$16,990,194,000 | |
| Kroger Co. |
Opened
280,686
|
$16,035,591,000 | 4.97% |
| VanEck ETF Trust |
Opened
53,899
|
$12,126,736,000 | 3.76% |
| Johnson Ctls Intl Plc |
Closed
195,932
|
$11,293,520,000 | |
| Sprott Fds Tr |
Closed
225,337
|
$10,877,017,000 | |
| Chesapeake Energy Corp. |
Closed
140,119
|
$10,780,756,000 | |
| Kenvue Inc |
26.44%
494,595
|
$10,614,009,000 | 3.29% |
| Palo Alto Networks Inc |
Closed
34,433
|
$10,153,603,000 | |
| Par Technology Corp. |
123.49%
198,017
|
$8,982,051,000 | 2.78% |
| Sea Ltd |
309.33%
165,167
|
$8,871,120,000 | 2.75% |
| Coinbase Global Inc |
Opened
31,588
|
$8,374,611,000 | 2.59% |
| Carvana Co. |
43.44%
92,365
|
$8,119,807,000 | 2.52% |
| Johnson Johnson |
47.72%
50,204
|
$7,941,771,000 | 2.46% |
| Ishares Tr |
Closed
135,186
|
$10,679,773,000 | |
| Merck Co Inc |
166.89%
54,701
|
$7,217,797,000 | 2.24% |
| Vista Outdoor Inc |
Opened
211,308
|
$6,926,676,000 | 2.15% |
| Western Digital Corp. |
Opened
98,158
|
$6,698,302,000 | 2.08% |
| Chevron Corp. |
Closed
39,659
|
$5,915,536,000 | |
| Alibaba Group Hldg Ltd |
10.94%
81,610
|
$5,905,300,000 | 1.83% |
| Viking Therapeutics Inc |
Opened
65,357
|
$5,359,274,000 | 1.66% |
| Apartment Invt Mgmt Co |
Closed
628,385
|
$4,920,255,000 | |
| Criteo S.A |
Opened
139,371
|
$4,887,741,000 | 1.51% |
| Apple Inc |
Opened
27,863
|
$4,777,947,000 | 1.48% |
| Intra-Cellular Therapies Inc |
Opened
68,011
|
$4,706,361,000 | 1.46% |
| Union Pac Corp |
Closed
19,030
|
$4,674,149,000 | |
| MongoDB Inc |
Opened
12,826
|
$4,599,917,000 | 1.42% |
| Crocs Inc |
3.86%
31,171
|
$4,482,390,000 | 1.39% |
| Baxter International Inc. |
Opened
103,639
|
$4,429,531,000 | 1.37% |
| Hannon Armstrong Sust Infr C |
32.26%
150,251
|
$4,267,128,000 | 1.32% |
| Fomento Economico Mexicano S |
151.13%
31,605
|
$4,117,183,000 | 1.28% |
| Compania De Minas Buenaventu |
Closed
266,310
|
$4,058,564,000 | |
| Hanesbrands Inc |
94.01%
687,036
|
$3,984,809,000 | 1.23% |
| Us Foods Hldg Corp |
Closed
85,108
|
$3,864,754,000 | |
| Applovin Corp |
18.05%
55,414
|
$3,835,757,000 | 1.19% |
| Unity Software Inc. |
Closed
93,152
|
$3,808,985,000 | |
| Microchip Technology, Inc. |
Closed
41,562
|
$3,748,061,000 | |
| Wayfair Inc |
253.74%
54,862
|
$3,724,033,000 | 1.15% |
| Norwegian Cruise Line Hldg L |
Closed
184,233
|
$3,692,029,000 | |
| Alnylam Pharmaceuticals Inc |
Opened
23,798
|
$3,556,611,000 | 1.10% |
| Granite Constr Inc |
Opened
61,153
|
$3,493,671,000 | 1.08% |
| Fedex Corp |
Closed
13,787
|
$3,487,697,000 | |
| NIO Inc |
88.14%
755,800
|
$3,401,100,000 | 1.05% |
| Lyondellbasell Industries N |
Closed
35,296
|
$3,355,944,000 | |
| International Business Machs |
Opened
17,524
|
$3,346,383,000 | 1.04% |
| Amazon.com Inc. |
58.00%
18,539
|
$3,344,065,000 | 1.04% |
| Pacira BioSciences Inc |
1.89%
112,867
|
$3,297,974,000 | 1.02% |
| Disney Walt Co |
Closed
35,265
|
$3,184,077,000 | |
| Abbvie Inc |
Closed
20,530
|
$3,181,534,000 | |
| Bank Nova Scotia Halifax |
Closed
63,702
|
$3,101,650,000 | |
| Albemarle Corp. |
Opened
21,992
|
$2,897,226,000 | 0.90% |
| Schwab Charles Corp |
Closed
42,095
|
$2,896,136,000 | |
| Dell Technologies Inc |
Closed
37,747
|
$2,887,646,000 | |
| Shell Plc |
Opened
37,441
|
$2,510,045,000 | 0.78% |
| Albertsons Cos Inc |
Opened
113,877
|
$2,441,523,000 | 0.76% |
| Carmax Inc |
Closed
31,205
|
$2,394,672,000 | |
| ON Semiconductor Corp. |
56.35%
30,755
|
$2,262,030,000 | 0.70% |
| Burford Cap Ltd |
25.00%
141,139
|
$2,253,990,000 | 0.70% |
| Dish Network Corporation |
Closed
388,065
|
$2,239,135,000 | |
| Vale S.A. |
Opened
177,038
|
$2,158,093,000 | 0.67% |
| Tempur Sealy International Inc |
Closed
42,034
|
$2,142,473,000 | |
| MGM Resorts International |
Closed
47,656
|
$2,129,270,000 | |
| MetLife, Inc. |
Opened
28,254
|
$2,093,904,000 | 0.65% |
| Cenovus Energy Inc |
16.45%
100,738
|
$2,013,753,000 | 0.62% |
| Nike, Inc. |
Closed
18,317
|
$1,988,677,000 | |
| Advanced Micro Devices Inc. |
Closed
13,464
|
$1,984,728,000 | |
| Ark Etf Tr |
Closed
86,354
|
$2,755,576,000 | |
| PDD Holdings Inc |
Closed
13,391
|
$1,959,237,000 | |
| Simplify Exchange Traded Fun |
Closed
84,343
|
$1,952,540,000 | |
| Oracle Corp. |
Closed
18,276
|
$1,926,839,000 | |
| Uber Technologies Inc |
Opened
24,552
|
$1,890,258,000 | 0.59% |
| Guidewire Software Inc |
Opened
16,127
|
$1,882,182,000 | 0.58% |
| T-Mobile US, Inc. |
Opened
11,267
|
$1,839,000,000 | 0.57% |
| Inhibrx, Inc. |
Closed
46,426
|
$1,764,188,000 | |
| Structure Therapeutics Inc |
Opened
40,920
|
$1,753,831,000 | 0.54% |
| Walgreens Boots Alliance Inc |
Opened
75,871
|
$1,645,642,000 | 0.51% |
| Citizens Finl Group Inc |
Closed
48,517
|
$1,607,853,000 | |
| Morphosys AG |
Closed
161,461
|
$1,598,464,000 | |
| Ascendis Pharma A/S |
Closed
12,299
|
$1,549,059,000 | |
| Kraneshares Tr |
Closed
56,366
|
$1,521,882,000 | |
| Shift4 Pmts Inc |
Closed
20,078
|
$1,492,599,000 | |
| Moderna Inc |
Closed
14,736
|
$1,465,495,000 | |
| Sarepta Therapeutics Inc |
Opened
11,023
|
$1,427,038,000 | 0.44% |
| Tpg Re Fin Tr Inc |
Opened
179,995
|
$1,389,561,000 | 0.43% |
| Snap Inc |
Closed
81,315
|
$1,376,663,000 | |
| Semtech Corp. |
Opened
48,971
|
$1,346,213,000 | 0.42% |
| Advisorshares Tr |
Closed
191,770
|
$1,344,308,000 | |
| Cedar Fair L.P. |
Opened
31,713
|
$1,328,775,000 | 0.41% |
| United Airls Hldgs Inc |
Closed
32,035
|
$1,321,764,000 | |
| DraftKings Inc. |
Closed
37,405
|
$1,318,526,000 | |
| NovoCure Ltd |
Opened
82,757
|
$1,293,492,000 | 0.40% |
| Marathon Digital Holdings In |
Opened
57,209
|
$1,291,779,000 | 0.40% |
| Hims Hers Health Inc |
Closed
142,556
|
$1,268,748,000 | |
| Robinhood Mkts Inc |
Opened
62,417
|
$1,256,454,000 | 0.39% |
| EchoStar Corp |
Opened
87,926
|
$1,252,946,000 | 0.39% |
| Ishares Silver Tr |
Opened
53,798
|
$1,223,905,000 | 0.38% |
| Signet Jewelers Limited |
Opened
12,155
|
$1,216,351,000 | 0.38% |
| Spdr Ser Tr |
Opened
29,128
|
$2,189,672,000 | 0.68% |
| BridgeBio Pharma Inc |
Opened
38,039
|
$1,176,166,000 | 0.36% |
| BILL Holdings Inc |
Closed
14,394
|
$1,174,406,000 | |
| Agnico Eagle Mines Ltd |
Closed
21,372
|
$1,172,254,000 | |
| Five9 Inc |
Closed
14,813
|
$1,165,635,000 | |
| Payoneer Global Inc |
178.44%
233,121
|
$1,132,968,000 | 0.35% |
| Pfizer Inc. |
11.24%
40,448
|
$1,122,432,000 | 0.35% |
| Wells Fargo Co New |
Closed
22,219
|
$1,093,619,000 | |
| Bristol-Myers Squibb Co. |
Opened
20,068
|
$1,088,288,000 | 0.34% |
| Citigroup Inc |
Closed
20,770
|
$1,068,409,000 | |
| Morgan Stanley |
Opened
11,273
|
$1,061,466,000 | 0.33% |
| Banco Macro Sa |
Closed
36,736
|
$1,054,323,000 | |
| Equitrans Midstream Corporation |
Opened
84,253
|
$1,052,320,000 | 0.33% |
| Evolus Inc |
Opened
74,167
|
$1,038,338,000 | 0.32% |
| Celsius Holdings Inc |
50.45%
12,165
|
$1,008,722,000 | 0.31% |
| Select Sector Spdr Tr |
Closed
26,820
|
$1,008,432,000 | |
| On Hldg Ag |
Opened
26,101
|
$923,453,000 | 0.29% |
| PayPal Holdings Inc |
4.72%
13,615
|
$912,069,000 | 0.28% |
| Yandex N V |
Closed
47,422
|
$898,173,000 | |
| Proshares Tr |
Closed
30,735
|
$1,287,296,000 | |
| CVS Health Corp |
Opened
10,994
|
$876,881,000 | 0.27% |
| United States Cellular Corporation |
Closed
20,883
|
$867,480,000 | |
| Affirm Holdings, Inc. |
Opened
23,179
|
$863,650,000 | 0.27% |
| Bluegreen Vacations Hldg Cor |
Closed
11,300
|
$848,856,000 | |
| Freeport-McMoRan Inc |
Opened
17,846
|
$839,119,000 | 0.26% |
| agilon health, inc. |
Opened
136,594
|
$833,223,000 | 0.26% |
| APA Corporation |
Opened
24,024
|
$825,945,000 | 0.26% |
| Prothena Corp Plc |
Closed
22,701
|
$824,954,000 | |
| Cameco Corp. |
Closed
18,660
|
$804,246,000 | |
| Invesco Ltd |
8.34%
48,401
|
$802,973,000 | 0.25% |
| Las Vegas Sands Corp |
Closed
16,122
|
$793,364,000 | |
| Larimar Therapeutics, Inc. |
Opened
98,984
|
$751,289,000 | 0.23% |
| Veradigm Inc |
Closed
70,910
|
$743,846,000 | |
| Academy Sports Outdoors In |
Opened
11,000
|
$742,940,000 | 0.23% |
| Stratasys Ltd |
4.87%
63,653
|
$739,648,000 | 0.23% |
| Kohls Corp |
Opened
25,296
|
$737,378,000 | 0.23% |
| Direxion Shs Etf Tr |
Closed
33,910
|
$1,150,933,000 | |
| Astrazeneca plc |
Opened
10,638
|
$720,725,000 | 0.22% |
| Atmus Filtration Technologie |
Opened
21,946
|
$707,759,000 | 0.22% |
| Par Pac Holdings Inc |
Opened
18,768
|
$695,542,000 | 0.22% |
| Corsair Gaming, Inc. |
Closed
48,514
|
$684,047,000 | |
| Ryan Specialty Holdings Inc |
Closed
15,612
|
$671,628,000 | |
| Riot Platforms Inc |
Opened
52,875
|
$647,190,000 | 0.20% |
| Perrigo Co Plc |
Opened
20,002
|
$643,864,000 | 0.20% |
| Hewlett Packard Enterprise C |
7.49%
35,689
|
$632,766,000 | 0.20% |
| Barclays Bank PLC |
Closed
39,632
|
$615,089,000 | |
| Pinterest Inc |
Closed
16,115
|
$596,900,000 | |
| SoFi Technologies, Inc. |
6.78%
77,787
|
$567,845,000 | 0.18% |
| Insmed Inc |
Opened
20,517
|
$556,626,000 | 0.17% |
| Endeavor Group Hldgs Inc |
Closed
23,264
|
$552,055,000 | |
| EBay Inc. |
Opened
10,413
|
$549,598,000 | 0.17% |
| Spdr Ser Tr |
Closed
10,297
|
$539,872,000 | |
| Proshares Tr |
Opened
46,996
|
$749,273,000 | 0.23% |
| Altria Group Inc. |
Opened
11,889
|
$518,598,000 | 0.16% |
| Ishares Tr |
42.52%
12,554
|
$515,718,000 | 0.16% |
| Ishares Tr |
Opened
15,963
|
$514,487,000 | 0.16% |
| Suncor Energy, Inc. |
8.48%
13,682
|
$505,003,000 | 0.16% |
| Immersion Corp |
Opened
67,050
|
$501,534,000 | 0.16% |
| Newmont Corp |
13.76%
13,842
|
$496,097,000 | 0.15% |
| Foot Locker Inc |
Closed
15,701
|
$489,086,000 | |
| Att Inc |
Closed
29,058
|
$487,593,000 | |
| Cleanspark Inc |
Closed
43,601
|
$480,919,000 | |
| Gamestop Corp New |
Closed
27,017
|
$473,608,000 | |
| Pure Storage Inc |
Closed
13,050
|
$465,363,000 | |
| Dbx Etf Tr |
Opened
19,060
|
$458,774,000 | 0.14% |
| American Airls Group Inc |
Opened
29,330
|
$450,216,000 | 0.14% |
| Southwest Airls Co |
11.44%
14,497
|
$423,167,000 | 0.13% |
| Toast, Inc. |
12.30%
16,941
|
$422,170,000 | 0.13% |
| Tetra Technologies, Inc. |
Opened
95,081
|
$421,209,000 | 0.13% |
| Proshares Tr |
37.13%
39,632
|
$415,343,000 | 0.13% |
| Cabaletta Bio Inc |
Opened
24,070
|
$410,634,000 | 0.13% |
| Exelon Corp. |
Closed
11,329
|
$406,711,000 | |
| Lemonade, Inc. |
Opened
24,315
|
$399,009,000 | 0.12% |
| Kinross Gold Corp. |
Closed
65,485
|
$396,184,000 | |
| Cleveland-Cliffs Inc |
Opened
17,157
|
$390,150,000 | 0.12% |
| Alcoa Corp |
Closed
11,260
|
$382,840,000 | |
| Warner Bros.Discovery Inc |
Opened
43,519
|
$379,921,000 | 0.12% |
| C3.ai Inc |
Opened
13,513
|
$365,797,000 | 0.11% |
| Xerox Holdings Corp |
Opened
20,103
|
$359,844,000 | 0.11% |
| Peabody Energy Corp. |
Opened
14,698
|
$356,573,000 | 0.11% |
| Array Technologies, Inc. |
Closed
20,755
|
$348,684,000 | |
| Geo Group, Inc. |
Closed
31,906
|
$345,542,000 | |
| Direxion Shs Etf Tr |
Opened
20,108
|
$337,613,000 | 0.10% |
| Lyft Inc |
Closed
22,514
|
$337,485,000 | |
| Exelixis Inc |
Closed
12,886
|
$309,135,000 | |
| Informatica Inc. |
Closed
10,333
|
$293,354,000 | |
| Proshares Tr Ii |
Closed
34,335
|
$289,787,000 | |
| Telephone Data Sys Inc |
Opened
17,786
|
$284,932,000 | 0.09% |
| Teva Pharmaceutical Inds Ltd |
Closed
26,945
|
$281,306,000 | |
| Barrick Gold Corp. |
69.66%
16,512
|
$274,760,000 | 0.09% |
| Groupon Inc |
Opened
20,202
|
$269,495,000 | 0.08% |
| Astria Therapeutics Inc |
Opened
19,096
|
$268,776,000 | 0.08% |
| Coterra Energy Inc |
Closed
10,057
|
$256,655,000 | |
| Energy Transfer L P |
Closed
18,575
|
$256,335,000 | |
| V F Corp |
Opened
16,456
|
$252,435,000 | 0.08% |
| FIGS, Inc. |
Opened
48,361
|
$240,838,000 | 0.07% |
| Paramount Global |
Opened
20,439
|
$240,567,000 | 0.07% |
| Pan Amern Silver Corp |
36.55%
15,733
|
$237,254,000 | 0.07% |
| Nordstrom, Inc. |
Opened
11,357
|
$230,206,000 | 0.07% |
| B. Riley Financial Inc |
Closed
10,768
|
$226,020,000 | |
| Proshares Tr Ii |
Opened
17,428
|
$224,124,000 | 0.07% |
| Allot Ltd |
Closed
125,291
|
$206,730,000 | |
| No transactions found | |||
| Showing first 500 out of 201 holdings | |||
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