Ardmore Road Asset Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Ardmore Road Asset Management LP reported 39 stock positions worth $1.2 billion. Its top holding was Alphabet Class A (GOOGL) at 8.8% of the portfolio, followed by Advanced Micro Devices (AMD, 7.0%) and AT&T (T, 6.0%). Compared with Q1 2025, it opened 22 new positions, sold out of 21, added to 7 and reduced 10. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Meta Platforms Class A (META, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001835730
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0001835730-25-000006 ↗ filed Aug 13, 2025
Holdings Value
Holdings 39 stocks · $1.2B
| GOOGL Alphabet Inc. Class A | 8.75% | 600,000 | $105.7M | New |
| AMD Advanced Micro Devices | 7.05% | 600,000 | $85.1M | Add +300.0% |
| T AT&T Inc. | 5.99% | 2,500,000 | $72.3M | New |
| CSCO Cisco Systems Inc. | 5.74% | 1,000,000 | $69.4M | Add +25.0% |
| AMZN Amazon.com Inc. | 5.32% | 293,000 | $64.3M | New |
| FLUT Flutter Entertainment PLC-Di | 4.73% | 200,000 | $57.2M | Reduce -9.1% |
| AVGO Broadcom Inc. | 4.56% | 200,000 | $55.1M | New |
| NVDA Nvidia Corp. | 4.33% | 330,958 | $52.3M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 4.11% | 400,000 | $49.6M | New |
| PYPL PayPal Holdings Inc. | 4.00% | 650,000 | $48.3M | Add +116.7% |
| BKNG Booking Holdings Inc. | 3.35% | 7,000 | $40.5M | Reduce -22.2% |
| XYZ Block Inc. | 3.09% | 550,000 | $37.4M | Reduce -47.6% |
| DKNG Draftkings Inc. Class A | 3.02% | 850,000 | $36.5M | Add +41.7% |
| AFRM Affirm Holdings Inc. | 2.86% | 500,000 | $34.6M | Reduce -16.7% |
| JD Jd.com Inc.-ADR | 2.43% | 900,000 | $29.4M | Add +12.5% |
| MRVL Marvell Technology Inc. | 2.24% | 350,000 | $27.1M | New |
| PINS Pinterest Inc. Class A | 2.08% | 700,000 | $25.1M | New |
| DASH DoorDash Inc. Class A | 2.06% | 101,000 | $24.9M | Add +26.3% |
| MSFT Microsoft Corp. | 2.06% | 50,000 | $24.9M | New |
| META Meta Platforms Inc. Class A | 1.83% | 30,000 | $22.1M | Reduce -78.6% |
| ROKU Roku Inc. | 1.82% | 250,000 | $22.0M | Reduce -52.4% |
| IGV iShares Expanded Tech-Softwa | 1.81% | 200,000 | $21.9M | New |
| IBIT iShares Bitcoin Trust ETF | 1.74% | 344,000 | $21.1M | Reduce -29.5% |
| TCOM Trip.com Group Ltd.-ADR | 1.70% | 350,000 | $20.5M | New |
| APP AppLovin Corp. Class A | 1.45% | 49,900 | $17.5M | New |
| CHWY Chewy Inc. Class A | 1.43% | 404,100 | $17.2M | New |
| CORZ Core Scientific Inc. | 1.41% | 1,000,000 | $17.1M | New |
| CLS Celestica Inc. | 1.29% | 100,000 | $15.6M | New |
| ETSY Etsy Inc. | 1.25% | 301,000 | $15.1M | New |
| UBER Uber Technologies Inc. | 1.16% | 150,000 | $14.0M | Reduce -25.0% |
| RBLX Roblox Corp. Class A | 1.09% | 125,000 | $13.2M | New |
| ON On Semiconductor | 1.08% | 250,000 | $13.1M | New |
| DOCU Docusign Inc. | 1.01% | 156,000 | $12.2M | Add +41.8% |
| EQIX Equinix Inc. | 0.57% | 8,647 | $6.9M | New |
| PTON Peloton Interactive Inc. Class A | 0.46% | 800,000 | $5.6M | Reduce -27.3% |
| APLD Applied Digital Corp. | 0.38% | 453,365 | $4.6M | New |
| EXPE Expedia Group Inc. | 0.35% | 25,000 | $4.2M | Reduce -86.8% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.35% | 288,920 | $4.2M | New |
| MBLY Mobileye Global Inc. Class A | 0.06% | 40,000 | $719K | New |
Portfolio Sells Q1 2025 → Q2 2025
| META Meta Platforms Inc. Class A | Reduce -78.6% | 1.83% | −6.44 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −5.40 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −4.35 |
| NFLX Netflix Inc. | Sold out | 0.00% | −3.35 |
| CVNA Carvana Co. | Sold out | 0.00% | −3.22 |
| INTU Intuit Inc. | Sold out | 0.00% | −3.21 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −3.15 |
| EXPE Expedia Group Inc. | Reduce -86.8% | 0.35% | −2.93 |
| XYZ Block Inc. | Reduce -47.6% | 3.09% | −2.76 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −2.68 |
| FOXA Fox Corp. Class A | Sold out | 0.00% | −2.44 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −2.03 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −2.03 |
| ROKU Roku Inc. | Reduce -52.4% | 1.82% | −1.97 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −1.94 |
| ESTC Elastic NV | Sold out | 0.00% | −1.92 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −1.87 |
| WDC Western Digital Corp. | Sold out | 0.00% | −1.66 |
| CART Maplebear Inc. | Sold out | 0.00% | −1.64 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −1.32 |
| MU Micron Technology Inc. | Sold out | 0.00% | −1.16 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −1.13 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −1.08 |
| BKNG Booking Holdings Inc. | Reduce -22.2% | 3.35% | −0.90 |
| IBIT iShares Bitcoin Trust ETF | Reduce -29.5% | 1.74% | −0.60 |
| UBER Uber Technologies Inc. | Reduce -25.0% | 1.16% | −0.34 |
| FLUT Flutter Entertainment PLC-Di | Reduce -9.1% | 4.73% | −0.27 |
| PTON Peloton Interactive Inc. Class A | Reduce -27.3% | 0.46% | −0.25 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.14 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.05 |
| AFRM Affirm Holdings Inc. | Reduce -16.7% | 2.86% | +0.08 |
Portfolio Buys Q1 2025 → Q2 2025
| GOOGL Alphabet Inc. Class A | New | 8.75% | +8.75 |
| T AT&T Inc. | New | 5.99% | +5.99 |
| AMD Advanced Micro Devices | Add +300.0% | 7.05% | +5.47 |
| AMZN Amazon.com Inc. | New | 5.32% | +5.32 |
| AVGO Broadcom Inc. | New | 4.56% | +4.56 |
| NVDA Nvidia Corp. | New | 4.33% | +4.33 |
| DIS The Walt Disney Co. | New | 4.11% | +4.11 |
| MRVL Marvell Technology Inc. | New | 2.24% | +2.24 |
| PINS Pinterest Inc. Class A | New | 2.08% | +2.08 |
| MSFT Microsoft Corp. | New | 2.06% | +2.06 |
| PYPL PayPal Holdings Inc. | Add +116.7% | 4.00% | +1.99 |
| IGV iShares Expanded Tech-Softwa | New | 1.81% | +1.81 |
| TCOM Trip.com Group Ltd.-ADR | New | 1.70% | +1.70 |
| APP AppLovin Corp. Class A | New | 1.45% | +1.45 |
| CHWY Chewy Inc. Class A | New | 1.43% | +1.43 |
| CORZ Core Scientific Inc. | New | 1.41% | +1.41 |
| CLS Celestica Inc. | New | 1.29% | +1.29 |
| ETSY Etsy Inc. | New | 1.25% | +1.25 |
| RBLX Roblox Corp. Class A | New | 1.09% | +1.09 |
| ON On Semiconductor | New | 1.08% | +1.08 |
| DKNG Draftkings Inc. Class A | Add +41.7% | 3.02% | +0.97 |
| CSCO Cisco Systems Inc. | Add +25.0% | 5.74% | +0.68 |
| EQIX Equinix Inc. | New | 0.57% | +0.57 |
| DASH DoorDash Inc. Class A | Add +26.3% | 2.06% | +0.56 |
| APLD Applied Digital Corp. | New | 0.38% | +0.38 |
| IREN Iren Ltd. | New | 0.35% | +0.35 |
| DOCU Docusign Inc. | Add +41.8% | 1.01% | +0.09 |
| MBLY Mobileye Global Inc. Class A | New | 0.06% | +0.06 |
| JD Jd.com Inc.-ADR | Add +12.5% | 2.43% | −0.94 |
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 |