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The assets price is  \\[ S_t= S_0+ M_t+ \\int^t_0 \\lambda_u d\\langle M\\rangle_u,\\;t\\leq T, \\]  on a probability space \\((\\Omega,({\\mathcal F}_t)_{0\\leq t\\leq T}, P)\\), but only a subfiltration \\(({\\mathcal G}_t)_{0\\leq t\\leq T}\\) is observed. Hypotheses are that \\(\\lambda\\) and \\(\\langle M\\rangle\\) are \\({\\mathcal G}\\)-predictable, \\({\\mathcal G}\\)-martingales are local \\({\\mathcal F}\\)-martingales, and there exists an equivalent probability measure \\(Q= ZP\\) such that \\(S\\) is a local \\((Q,{\\mathcal F})\\)-martingale. Moreover there exists a constant \\(C\\) such that for any \\({\\mathcal F}\\)-stopping time \\(\\tau\\), \\(E[{Z^2_T\\over Z^2_\\tau}/{\\mathcal F}_r]\\leq C\\) (namely reverse H\u00f6lder condition). Under these hypotheses, given \\(H\\in L^2({\\mathcal F}_T,P)\\), the main result give an explicit expression of an optimal portfolio \\(\\pi^*\\) which minimizes the application  \\[ x\\mapsto E\\Biggl[\\Biggl(x+ \\int^T_0 \\pi_u dS_u- H\\Biggr)^2\\Biggr]. \\]  This portfolio is linked to a solution \\((Y, \\psi, N)\\) of  \\[ dY_t= \\pi^*_t\\lambda_t d\\langle M\\rangle_t+ \\psi_t dM_t+ dN_t,\\quad Y_T= 0, \\langle M,N\\rangle= 0. \\]  Section 4 is devoted to the link with the authors previous results [SIAM J. Control Optim. 47, No. 5, 2381--2409 (2008; Zbl 1173.91393)]. Finally the main result is applied to a market with two assets, \\((S,\\eta)\\), only price \\(S\\) being observed: an optimal portfolio is 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