In these lectures, I will discuss a holographic relation between the states of giant graviton branes in anti-de Sitter space and trace relations in the dual gauge theory, and study the implications of this connection for holography at finite N. In a computation of the partition function of BPS states in AdS5 x S5, we will find that the maximal giant is an unstable saddle point and that its states contribute negatively to the partition function. The cohomological treatment of trace relations in N=4 SYM suggests that these D-brane states can be regarded as bulk duals of trace relations. We suggest that the Lefschetz trace formula, which computes bulk observables as an alternating sum of the expectation values in an ensemble of states built on each classical open string vacuum, may be a useful way to formulate the holographic map at finite N. The final lecture will extend these ideas to AdS3 duals of symmetric orbifold CFTs. In this context, we show that a sum over one-loop partition functions of an infinite set of bulk geometries that are asymptotic to AdS3 x S3 x M4 reproduces the integer spectrum of chiral primaries in the symmetric orbifold at finite N.