Ardmore Road Asset Management LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Ardmore Road Asset Management LP reported 36 stock positions worth $685.8 million. Its top holding was Meta Platforms Class A (META) at 7.7% of the portfolio, followed by Flutter Entertainment PLC-Di (FLUT, 7.1%) and Jd.com Inc.-ADR (JD, 6.7%). Compared with Q3 2024, it opened 12 new positions, sold out of 17, added to 9 and reduced 14. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001835730
- Portfolio Value
- $685.8M (Q4 2024)
- SEC Filing
- 0001835730-25-000002 ↗ filed Feb 12, 2025
Holdings Value
Holdings 36 stocks · $685.8M
| META Meta Platforms Inc. Class A | 7.68% | 90,000 | $52.7M | Add +12.5% |
| FLUT Flutter Entertainment PLC-Di | 7.14% | 189,594 | $49.0M | Add +191.7% |
| JD Jd.com Inc.-ADR | 6.67% | 1,320,000 | $45.8M | Add +88.6% |
| AMZN Amazon.com Inc. | 6.46% | 202,000 | $44.3M | New |
| T AT&T Inc. | 4.98% | 1,500,000 | $34.2M | Add +66.7% |
| MRVL Marvell Technology Inc. | 4.83% | 300,000 | $33.1M | Add +20.0% |
| GOOGL Alphabet Inc. Class A | 4.17% | 151,000 | $28.6M | New |
| TSM Taiwan Semiconductor-SP ADR | 4.03% | 140,000 | $27.6M | New |
| MSFT Microsoft Corp. | 3.69% | 60,000 | $25.3M | Reduce -25.0% |
| CSCO Cisco Systems Inc. | 3.45% | 400,000 | $23.7M | Add +33.3% |
| CVNA Carvana Co. | 2.97% | 100,000 | $20.3M | New |
| PYPL PayPal Holdings Inc. | 2.86% | 230,000 | $19.6M | Reduce -54.1% |
| AVGO Broadcom Inc. | 2.74% | 81,000 | $18.8M | Reduce -67.6% |
| WMG Warner Music Group Corp. Class A | 2.71% | 600,000 | $18.6M | Add +100.0% |
| SNOW Snowflake Inc. | 2.70% | 120,000 | $18.5M | New |
| AFRM Affirm Holdings Inc. | 2.67% | 301,000 | $18.3M | Add +50.5% |
| CHTR Charter Communications Inc. Class A | 2.50% | 50,000 | $17.1M | New |
| QCOM Qualcomm Inc. | 2.24% | 100,000 | $15.4M | Add +100.0% |
| BKNG Booking Holdings Inc. | 2.17% | 3,000 | $14.9M | Reduce -50.0% |
| ESTC Elastic NV | 2.17% | 150,000 | $14.9M | Reduce -14.3% |
| FOXA Fox Corp. Class A | 2.13% | 300,000 | $14.6M | New |
| ROKU Roku Inc. | 2.10% | 193,976 | $14.4M | Reduce -22.4% |
| DDOG Datadog Inc. Class A | 2.08% | 100,000 | $14.3M | Reduce -33.3% |
| ANET Arista Networks Inc. | 1.93% | 120,000 | $13.3M | New |
| DASH DoorDash Inc. Class A | 1.83% | 75,000 | $12.6M | Reduce -62.7% |
| EXPE Expedia Group Inc. | 1.63% | 60,000 | $11.2M | Reduce -65.7% |
| INTC Intel Corp. | 1.49% | 510,000 | $10.2M | Reduce -27.1% |
| CART Maplebear Inc. | 1.36% | 225,000 | $9.3M | Reduce -25.0% |
| WDC Western Digital Corp. | 1.30% | 150,000 | $8.9M | New |
| TEAM Atlassian Corp. Class A | 1.24% | 35,000 | $8.5M | New |
| SOFI Sofi Technologies Inc. | 1.12% | 500,000 | $7.7M | Reduce -37.5% |
| CPNG Coupang Inc. | 1.12% | 350,000 | $7.7M | New |
| GRAB Grab Holdings Ltd. Class A | 0.69% | 1,000,000 | $4.7M | No change |
| VOO Vanguard S&P 500 ETF | 0.56% | 7,100 | $3.8M | New |
| IBIT iShares Bitcoin Trust ETF | 0.29% | 37,456 | $2.0M | Reduce -85.2% |
| DKNG Draftkings Inc. Class A | 0.27% | 50,000 | $1.9M | Reduce -87.5% |
Portfolio Sells Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −6.29 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −5.23 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −4.76 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −3.16 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −2.85 |
| AVGO Broadcom Inc. | Reduce -67.6% | 2.74% | −2.82 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −2.49 |
| PYPL PayPal Holdings Inc. | Reduce -54.1% | 2.86% | −2.18 |
| U Unity Software Inc. | Sold out | 0.00% | −2.04 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −1.97 |
| DASH DoorDash Inc. Class A | Reduce -62.7% | 1.83% | −1.86 |
| DKNG Draftkings Inc. Class A | Reduce -87.5% | 0.27% | −1.75 |
| XYZ Block Inc. | Sold out | 0.00% | −1.73 |
| EXPE Expedia Group Inc. | Reduce -65.7% | 1.63% | −1.71 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −1.63 |
| ADBE Adobe Inc. | Sold out | 0.00% | −1.33 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −1.23 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −1.10 |
| BKNG Booking Holdings Inc. | Reduce -50.0% | 2.17% | −1.08 |
| IBIT iShares Bitcoin Trust ETF | Reduce -85.2% | 0.29% | −0.89 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.84 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.80 |
| MSFT Microsoft Corp. | Reduce -25.0% | 3.69% | −0.75 |
| INTC Intel Corp. | Reduce -27.1% | 1.49% | −0.63 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.59 |
| ROKU Roku Inc. | Reduce -22.4% | 2.10% | −0.30 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.26 |
| CART Maplebear Inc. | Reduce -25.0% | 1.36% | −0.22 |
| DDOG Datadog Inc. Class A | Reduce -33.3% | 2.08% | −0.14 |
| SOFI Sofi Technologies Inc. | Reduce -37.5% | 1.12% | +0.31 |
| ESTC Elastic NV | Reduce -14.3% | 2.17% | +0.44 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | New | 6.46% | +6.46 |
| FLUT Flutter Entertainment PLC-Di | Add +191.7% | 7.14% | +5.16 |
| GOOGL Alphabet Inc. Class A | New | 4.17% | +4.17 |
| TSM Taiwan Semiconductor-SP ADR | New | 4.03% | +4.03 |
| JD Jd.com Inc.-ADR | Add +88.6% | 6.67% | +3.06 |
| CVNA Carvana Co. | New | 2.97% | +2.97 |
| SNOW Snowflake Inc. | New | 2.70% | +2.70 |
| MRVL Marvell Technology Inc. | Add +20.0% | 4.83% | +2.51 |
| CHTR Charter Communications Inc. Class A | New | 2.50% | +2.50 |
| T AT&T Inc. | Add +66.7% | 4.98% | +2.43 |
| FOXA Fox Corp. Class A | New | 2.13% | +2.13 |
| ANET Arista Networks Inc. | New | 1.93% | +1.93 |
| META Meta Platforms Inc. Class A | Add +12.5% | 7.68% | +1.78 |
| AFRM Affirm Holdings Inc. | Add +50.5% | 2.67% | +1.62 |
| WMG Warner Music Group Corp. Class A | Add +100.0% | 2.71% | +1.50 |
| CSCO Cisco Systems Inc. | Add +33.3% | 3.45% | +1.39 |
| WDC Western Digital Corp. | New | 1.30% | +1.30 |
| TEAM Atlassian Corp. Class A | New | 1.24% | +1.24 |
| QCOM Qualcomm Inc. | Add +100.0% | 2.24% | +1.14 |
| CPNG Coupang Inc. | New | 1.12% | +1.12 |
| VOO Vanguard S&P 500 ETF | New | 0.56% | +0.56 |
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 |