Ardmore Road Asset Management LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Ardmore Road Asset Management LP reported 36 stock positions worth $567.7 million. Its top holding was Expedia (EXPE) at 9.1% of the portfolio, followed by Amazon.com (AMZN, 7.9%) and Netflix (NFLX, 6.4%). Compared with Q4 2023, it opened 17 new positions, sold out of 12, added to 12 and reduced 6. The biggest buy was a new position in Alibaba Group Holding-SP ADR (BABA) and the biggest sale an exit from iShares Russell 2000 ETF (IWM).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001835730
- Portfolio Value
- $567.7M (Q1 2024)
- SEC Filing
- 0001835730-24-000004 ↗ filed May 15, 2024
Holdings Value
Holdings 36 stocks · $567.7M
| EXPE Expedia Group Inc. | 9.10% | 375,000 | $51.7M | Add +368.8% |
| AMZN Amazon.com Inc. | 7.94% | 250,000 | $45.1M | No change |
| NFLX Netflix Inc. | 6.42% | 60,000 | $36.4M | Add +200.0% |
| BABA Alibaba Group Holding-SP ADR | 6.37% | 500,000 | $36.2M | New |
| NVDA Nvidia Corp. | 6.37% | 40,000 | $36.1M | Reduce -46.7% |
| META Meta Platforms Inc. Class A | 5.13% | 60,000 | $29.1M | Reduce -46.9% |
| T AT&T Inc. | 4.96% | 1,600,000 | $28.2M | Add +166.7% |
| TCOM Trip.com Group Ltd.-ADR | 4.64% | 600,000 | $26.3M | Add +445.4% |
| MSFT Microsoft Corp. | 4.45% | 60,000 | $25.2M | Add +50.0% |
| APP AppLovin Corp. Class A | 4.27% | 350,000 | $24.2M | Add +40.0% |
| RBLX Roblox Corp. Class A | 3.36% | 500,000 | $19.1M | Add +400.0% |
| PDD PDD Holdings Inc. | 3.07% | 150,000 | $17.4M | Add +150.0% |
| SHOP Shopify Inc. Class A | 2.72% | 200,000 | $15.4M | New |
| SNAP Snap Inc. Class A | 2.63% | 1,300,000 | $14.9M | New |
| DDOG Datadog Inc. Class A | 2.61% | 120,000 | $14.8M | New |
| PINS Pinterest Inc. Class A | 2.44% | 400,000 | $13.9M | New |
| TSM Taiwan Semiconductor-SP ADR | 2.40% | 100,000 | $13.6M | New |
| DOCU Docusign Inc. | 2.20% | 210,000 | $12.5M | Add +5.0% |
| MU Micron Technology Inc. | 2.08% | 100,000 | $11.8M | New |
| ASML ASML Holding NV-NY Reg SHS | 2.05% | 12,000 | $11.6M | New |
| WMG Warner Music Group Corp. Class A | 2.04% | 350,000 | $11.6M | Add +75.0% |
| SPOT Spotify Technology SA | 1.86% | 40,000 | $10.6M | Reduce -50.0% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.69% | 110,000 | $9.6M | New |
| CHWY Chewy Inc. Class A | 1.68% | 600,000 | $9.5M | Add +71.4% |
| GRAB Grab Holdings Ltd. Class A | 1.27% | 2,300,000 | $7.2M | New |
| DELL Dell Technologies -C | 1.21% | 60,000 | $6.8M | New |
| SMCI Super Micro Computer Inc. | 1.11% | 6,252 | $6.3M | Reduce -91.1% |
| PARAA Paramount Global Class B | 1.04% | 500,000 | $5.9M | Add +42.9% |
| XYZ Block Inc. | 0.89% | 60,000 | $5.1M | New |
| PYPL PayPal Holdings Inc. | 0.71% | 60,000 | $4.0M | New |
| WBD Warner Bros Discovery Inc. | 0.54% | 350,000 | $3.1M | Reduce -50.0% |
| VZIO Vizio Holding Corp. Class A | 0.26% | 137,000 | $1.5M | New |
| ROKU Roku Inc. | 0.25% | 21,800 | $1.4M | New |
| CVNA Carvana Co. | 0.17% | 11,000 | $967K | New |
| JD Jd.com Inc.-ADR | 0.05% | 10,000 | $274K | Reduce -98.7% |
| SE Sea Ltd.-ADR | 0.01% | 1,000 | $54K | New |
Portfolio Sells Q4 2023 → Q1 2024
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −9.13 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −5.72 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −5.53 |
| JD Jd.com Inc.-ADR | Reduce -98.7% | 0.05% | −4.88 |
| META Meta Platforms Inc. Class A | Reduce -46.9% | 5.13% | −3.96 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −3.52 |
| SMCI Super Micro Computer Inc. | Reduce -91.1% | 1.11% | −3.41 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −3.35 |
| NVDA Nvidia Corp. | Reduce -46.7% | 6.37% | −2.08 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −2.02 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −1.82 |
| SPOT Spotify Technology SA | Reduce -50.0% | 1.86% | −1.56 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −1.29 |
| WBD Warner Bros Discovery Inc. | Reduce -50.0% | 0.54% | −1.27 |
| ESTC Elastic NV | Sold out | 0.00% | −1.02 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.66 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.60 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.22 |
Portfolio Buys Q4 2023 → Q1 2024
| BABA Alibaba Group Holding-SP ADR | New | 6.37% | +6.37 |
| EXPE Expedia Group Inc. | Add +368.8% | 9.10% | +6.34 |
| NFLX Netflix Inc. | Add +200.0% | 6.42% | +4.21 |
| TCOM Trip.com Group Ltd.-ADR | Add +445.4% | 4.64% | +3.74 |
| SHOP Shopify Inc. Class A | New | 2.72% | +2.72 |
| T AT&T Inc. | Add +166.7% | 4.96% | +2.67 |
| SNAP Snap Inc. Class A | New | 2.63% | +2.63 |
| DDOG Datadog Inc. Class A | New | 2.61% | +2.61 |
| PINS Pinterest Inc. Class A | New | 2.44% | +2.44 |
| TSM Taiwan Semiconductor-SP ADR | New | 2.40% | +2.40 |
| RBLX Roblox Corp. Class A | Add +400.0% | 3.36% | +2.32 |
| MU Micron Technology Inc. | New | 2.08% | +2.08 |
| ASML ASML Holding NV-NY Reg SHS | New | 2.05% | +2.05 |
| APP AppLovin Corp. Class A | Add +40.0% | 4.27% | +2.00 |
| TTD Trade Desk Inc./the Class A | New | 1.69% | +1.69 |
| GRAB Grab Holdings Ltd. Class A | New | 1.27% | +1.27 |
| DELL Dell Technologies -C | New | 1.21% | +1.21 |
| PDD PDD Holdings Inc. | Add +150.0% | 3.07% | +1.08 |
| MSFT Microsoft Corp. | Add +50.0% | 4.45% | +1.03 |
| XYZ Block Inc. | New | 0.89% | +0.89 |
| PYPL PayPal Holdings Inc. | New | 0.71% | +0.71 |
| WMG Warner Music Group Corp. Class A | Add +75.0% | 2.04% | +0.41 |
| VZIO Vizio Holding Corp. Class A | New | 0.26% | +0.26 |
| ROKU Roku Inc. | New | 0.25% | +0.25 |
| CVNA Carvana Co. | New | 0.17% | +0.17 |
| SE Sea Ltd.-ADR | New | 0.01% | +0.01 |
| PARAA Paramount Global Class B | Add +42.9% | 1.04% | −0.14 |
| CHWY Chewy Inc. Class A | Add +71.4% | 1.68% | −0.20 |
| DOCU Docusign Inc. | Add +5.0% | 2.20% | −0.50 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 70 | $1.7B | AMD, GWRE, TMUS, VZ, TSM |
| Q1 2026 | 64 | $1.5B | GLW, TMUS, EQIX, META, TSM |
| Q4 2025 | 74 | $1.3B | NVDA, UBER, TSM, FOX, DIS |
| Q3 2025 | 71 | $1.5B | NVDA, AMD, GOOGL, XYZ, FLUT |
| Q2 2025 | 39 | $1.2B | GOOGL, AMD, T, CSCO, AMZN |
| Q1 2025 | 38 | $975.2M | META, XYZ, SNOW, CSCO, FLUT |
| Q4 2024 | 36 | $685.8M | META, FLUT, JD, AMZN, T |
| Q3 2024 | 41 | $775.7M | QQQ, META, AVGO, SPOT, PYPL |
| Q2 2024 | 42 | $649.1M | NVDA, FLUT, AAPL, MSFT, AMZN |
| Q1 2024 | 36 | $567.7M | EXPE, AMZN, NFLX, BABA, NVDA |