Ardmore Road Asset Management LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Ardmore Road Asset Management LP reported 41 stock positions worth $775.7 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 6.3% of the portfolio, followed by Meta Platforms Class A (META, 5.9%) and Broadcom (AVGO, 5.6%). Compared with Q2 2024, it opened 20 new positions, sold out of 21, added to 9 and reduced 11. The biggest buy was a new position in Invesco QQQ Trust Series 1 (QQQ) and the biggest sale an exit from Nvidia (NVDA).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001835730
- Portfolio Value
- $775.7M (Q3 2024)
- SEC Filing
- 0001940267-24-000006 ↗ filed Nov 14, 2024
Holdings Value
Holdings 41 stocks · $775.7M
| QQQ Invesco QQQ Trust Series 1 | 6.29% | 100,000 | $48.8M | New |
| META Meta Platforms Inc. Class A | 5.90% | 80,000 | $45.8M | New |
| AVGO Broadcom Inc. | 5.56% | 250,000 | $43.1M | New |
| SPOT Spotify Technology SA | 5.23% | 110,000 | $40.5M | Add +120.0% |
| PYPL PayPal Holdings Inc. | 5.04% | 501,151 | $39.1M | Add +67.0% |
| AMD Advanced Micro Devices | 4.76% | 225,000 | $36.9M | New |
| MSFT Microsoft Corp. | 4.44% | 80,000 | $34.4M | Add +6.0% |
| DASH DoorDash Inc. Class A | 3.70% | 201,000 | $28.7M | Add +0.3% |
| JD Jd.com Inc.-ADR | 3.61% | 700,000 | $28.0M | Reduce -13.6% |
| EXPE Expedia Group Inc. | 3.34% | 175,000 | $25.9M | Add +75.3% |
| BKNG Booking Holdings Inc. | 3.26% | 6,000 | $25.3M | New |
| PDD PDD Holdings Inc. | 3.16% | 182,000 | $24.5M | Reduce -9.4% |
| IWM iShares Russell 2000 ETF | 2.85% | 100,000 | $22.1M | New |
| T AT&T Inc. | 2.55% | 900,000 | $19.8M | Reduce -30.8% |
| TCOM Trip.com Group Ltd.-ADR | 2.49% | 325,000 | $19.3M | Add +8.3% |
| ROKU Roku Inc. | 2.41% | 250,000 | $18.7M | Add +24.3% |
| MRVL Marvell Technology Inc. | 2.32% | 250,000 | $18.0M | New |
| DDOG Datadog Inc. Class A | 2.23% | 150,000 | $17.3M | New |
| INTC Intel Corp. | 2.12% | 700,000 | $16.4M | New |
| CSCO Cisco Systems Inc. | 2.06% | 300,000 | $16.0M | New |
| U Unity Software Inc. | 2.04% | 700,000 | $15.8M | New |
| DKNG Draftkings Inc. Class A | 2.02% | 400,000 | $15.7M | Add +99.0% |
| FLUT Flutter Entertainment PLC-Di | 1.99% | 65,000 | $15.4M | Reduce -67.5% |
| IYR iShares US Real Estate ETF | 1.97% | 150,000 | $15.3M | New |
| ESTC Elastic NV | 1.73% | 175,000 | $13.4M | New |
| XYZ Block Inc. | 1.73% | 200,000 | $13.4M | Reduce -42.9% |
| SMH Vaneck Semiconductor ETF | 1.63% | 51,475 | $12.6M | New |
| CART Maplebear Inc. | 1.58% | 300,000 | $12.2M | Add +2900.0% |
| ADBE Adobe Inc. | 1.33% | 20,000 | $10.4M | No change |
| BABA Alibaba Group Holding-SP ADR | 1.23% | 90,000 | $9.6M | Reduce -77.6% |
| WMG Warner Music Group Corp. Class A | 1.21% | 300,000 | $9.4M | Reduce -33.3% |
| IBIT iShares Bitcoin Trust ETF | 1.18% | 253,287 | $9.2M | New |
| KWEB Kranesh Csi China Internet | 1.10% | 251,000 | $8.5M | New |
| QCOM Qualcomm Inc. | 1.10% | 50,000 | $8.5M | Reduce -3.7% |
| AFRM Affirm Holdings Inc. | 1.05% | 200,000 | $8.2M | New |
| APP AppLovin Corp. Class A | 0.84% | 50,000 | $6.5M | Reduce -75.0% |
| SOFI Sofi Technologies Inc. | 0.81% | 800,000 | $6.3M | New |
| DOCU Docusign Inc. | 0.80% | 100,000 | $6.2M | New |
| NFLX Netflix Inc. | 0.59% | 6,481 | $4.6M | Reduce -74.1% |
| GRAB Grab Holdings Ltd. Class A | 0.49% | 1,000,000 | $3.8M | Reduce -66.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 3,528 | $2.0M | New |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Sold out | 0.00% | −6.66 |
| AAPL Apple Inc. | Sold out | 0.00% | −5.52 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −4.47 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −4.02 |
| FLUT Flutter Entertainment PLC-Di | Reduce -67.5% | 1.99% | −3.63 |
| BABA Alibaba Group Holding-SP ADR | Reduce -77.6% | 1.23% | −3.23 |
| SNAP Snap Inc. Class A | Sold out | 0.00% | −2.56 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −2.53 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −2.17 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −2.12 |
| NFLX Netflix Inc. | Reduce -74.1% | 0.59% | −2.01 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.98 |
| XYZ Block Inc. | Reduce -42.9% | 1.73% | −1.75 |
| APP AppLovin Corp. Class A | Reduce -75.0% | 0.84% | −1.72 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −1.64 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −1.61 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −1.28 |
| T AT&T Inc. | Reduce -30.8% | 2.55% | −1.27 |
| GRAB Grab Holdings Ltd. Class A | Reduce -66.7% | 0.49% | −1.15 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −1.03 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −1.03 |
| NYT New York Times Co. Class A | Sold out | 0.00% | −0.97 |
| PDD PDD Holdings Inc. | Reduce -9.4% | 3.16% | −0.95 |
| WMG Warner Music Group Corp. Class A | Reduce -33.3% | 1.21% | −0.91 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.90 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.56 |
| BILI Bilibili Inc.-Sponsored ADR | Sold out | 0.00% | −0.54 |
| QCOM Qualcomm Inc. | Reduce -3.7% | 1.10% | −0.50 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.34 |
| VZIO Vizio Holding Corp. Class A | Sold out | 0.00% | −0.25 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.03 |
| JD Jd.com Inc.-ADR | Reduce -13.6% | 3.61% | +0.39 |
Portfolio Buys Q2 2024 → Q3 2024
| QQQ Invesco QQQ Trust Series 1 | New | 6.29% | +6.29 |
| META Meta Platforms Inc. Class A | New | 5.90% | +5.90 |
| AVGO Broadcom Inc. | New | 5.56% | +5.56 |
| AMD Advanced Micro Devices | New | 4.76% | +4.76 |
| BKNG Booking Holdings Inc. | New | 3.26% | +3.26 |
| IWM iShares Russell 2000 ETF | New | 2.85% | +2.85 |
| SPOT Spotify Technology SA | Add +120.0% | 5.23% | +2.81 |
| PYPL PayPal Holdings Inc. | Add +67.0% | 5.04% | +2.36 |
| MRVL Marvell Technology Inc. | New | 2.32% | +2.32 |
| DDOG Datadog Inc. Class A | New | 2.23% | +2.23 |
| INTC Intel Corp. | New | 2.12% | +2.12 |
| CSCO Cisco Systems Inc. | New | 2.06% | +2.06 |
| U Unity Software Inc. | New | 2.04% | +2.04 |
| IYR iShares US Real Estate ETF | New | 1.97% | +1.97 |
| ESTC Elastic NV | New | 1.73% | +1.73 |
| SMH Vaneck Semiconductor ETF | New | 1.63% | +1.63 |
| CART Maplebear Inc. | Add +2900.0% | 1.58% | +1.53 |
| EXPE Expedia Group Inc. | Add +75.3% | 3.34% | +1.40 |
| IBIT iShares Bitcoin Trust ETF | New | 1.18% | +1.18 |
| KWEB Kranesh Csi China Internet | New | 1.10% | +1.10 |
| AFRM Affirm Holdings Inc. | New | 1.05% | +1.05 |
| DKNG Draftkings Inc. Class A | Add +99.0% | 2.02% | +0.84 |
| SOFI Sofi Technologies Inc. | New | 0.81% | +0.81 |
| DOCU Docusign Inc. | New | 0.80% | +0.80 |
| ROKU Roku Inc. | Add +24.3% | 2.41% | +0.55 |
| DASH DoorDash Inc. Class A | Add +0.3% | 3.70% | +0.34 |
| TCOM Trip.com Group Ltd.-ADR | Add +8.3% | 2.49% | +0.32 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.26% | +0.26 |
| MSFT Microsoft Corp. | Add +6.0% | 4.44% | −0.76 |
Options Activity Q2 2024 → Q3 2024
| TSLA Tesla Inc. | put | Sold out | 45,100 | $8.9Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |