Ardmore Road Asset Management LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Ardmore Road Asset Management LP reported 71 stock positions worth $1.5 billion. Its top holding was Nvidia (NVDA) at 6.0% of the portfolio, followed by Advanced Micro Devices (AMD, 4.7%) and Alphabet Class A (GOOGL, 4.7%). Compared with Q2 2025, it opened 45 new positions, sold out of 13, added to 12 and reduced 14. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale an exit from Cisco Systems (CSCO).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001835730
- Portfolio Value
- $1.5B (Q3 2025)
- SEC Filing
- 0001835730-25-000009 ↗ filed Nov 13, 2025
Holdings Value
Holdings 71 stocks · $1.5B
| NVDA Nvidia Corp. | 6.02% | 500,000 | $93.3M | Add +51.1% |
| AMD Advanced Micro Devices | 4.71% | 451,000 | $73.0M | Reduce -24.8% |
| GOOGL Alphabet Inc. Class A | 4.71% | 300,000 | $72.9M | Reduce -50.0% |
| XYZ Block Inc. | 3.97% | 850,000 | $61.4M | Add +54.5% |
| FLUT Flutter Entertainment PLC-Di | 3.69% | 225,000 | $57.1M | Add +12.5% |
| TSM Taiwan Semiconductor-SP ADR | 3.61% | 200,000 | $55.9M | New |
| NFLX Netflix Inc. | 3.17% | 41,000 | $49.2M | New |
| CRWV Coreweave Inc. Class A | 3.09% | 350,000 | $47.9M | New |
| BABA Alibaba Group Holding-SP ADR | 2.89% | 250,000 | $44.7M | New |
| SPOT Spotify Technology SA | 2.70% | 60,000 | $41.9M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.59% | 350,000 | $40.1M | Reduce -12.5% |
| EQIX Equinix Inc. | 2.53% | 50,000 | $39.2M | Add +478.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 2.37% | 750,000 | $36.8M | New |
| ETSY Etsy Inc. | 2.36% | 550,000 | $36.5M | Add +82.7% |
| SE Sea Ltd.-ADR | 2.32% | 201,000 | $35.9M | New |
| FOX Fox Corp. Class B | 2.31% | 625,000 | $35.8M | New |
| RBLX Roblox Corp. Class A | 2.24% | 250,000 | $34.6M | Add +100.0% |
| INTU Intuit Inc. | 2.21% | 50,000 | $34.1M | New |
| CVNA Carvana Co. | 2.19% | 90,000 | $34.0M | New |
| T AT&T Inc. | 2.19% | 1,200,000 | $33.9M | Reduce -52.0% |
| DKNG Draftkings Inc. Class A | 2.17% | 900,000 | $33.7M | Add +5.9% |
| META Meta Platforms Inc. Class A | 1.90% | 40,000 | $29.4M | Add +33.3% |
| LITE Lumentum Holdings Inc. | 1.89% | 180,000 | $29.3M | New |
| PINS Pinterest Inc. Class A | 1.87% | 900,000 | $29.0M | Add +28.6% |
| PDD PDD Holdings Inc. | 1.71% | 200,000 | $26.4M | New |
| MSFT Microsoft Corp. | 1.71% | 51,000 | $26.4M | Add +2.0% |
| IBIT iShares Bitcoin Trust ETF | 1.68% | 400,000 | $26.0M | Add +16.3% |
| TWLO Twilio Inc. Class A | 1.62% | 250,000 | $25.0M | New |
| SNPS Synopsys Inc. | 1.59% | 50,000 | $24.7M | New |
| ROKU Roku Inc. | 1.55% | 240,000 | $24.0M | Reduce -4.0% |
| NBIS Nebius Group NV | 1.46% | 201,000 | $22.6M | New |
| TEAM Atlassian Corp. Class A | 1.44% | 140,000 | $22.4M | New |
| FTNT Fortinet Inc. | 1.36% | 250,000 | $21.0M | New |
| CPNG Coupang Inc. | 1.35% | 650,000 | $20.9M | New |
| CART Maplebear Inc. | 1.31% | 553,000 | $20.3M | New |
| JD Jd.com Inc.-ADR | 1.13% | 500,000 | $17.5M | Reduce -44.4% |
| BKNG Booking Holdings Inc. | 1.10% | 3,156 | $17.0M | Reduce -54.9% |
| MDB Mongodb Inc. | 1.00% | 50,000 | $15.5M | New |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 1.00% | 401,000 | $15.5M | New |
| AFRM Affirm Holdings Inc. | 0.94% | 200,000 | $14.6M | Reduce -60.0% |
| HSAI Hesai Group | 0.82% | 450,000 | $12.6M | New |
| PRKS United Parks & Resorts Inc. | 0.75% | 225,000 | $11.6M | New |
| EA Electronic Arts Inc. | 0.66% | 50,900 | $10.3M | New |
| CHWY Chewy Inc. Class A | 0.65% | 250,000 | $10.1M | Reduce -38.1% |
| PYPL PayPal Holdings Inc. | 0.65% | 150,000 | $10.1M | Reduce -76.9% |
| UBER Uber Technologies Inc. | 0.63% | 100,000 | $9.8M | Reduce -33.3% |
| EBAY eBay Inc. | 0.59% | 101,000 | $9.2M | New |
| PTON Peloton Interactive Inc. Class A | 0.58% | 1,000,000 | $9.0M | Add +25.0% |
| APP AppLovin Corp. Class A | 0.49% | 10,500 | $7.5M | Reduce -79.0% |
| DASH DoorDash Inc. Class A | 0.35% | 20,000 | $5.4M | Reduce -80.2% |
| COIN Coinbase Global Inc. Class A | 0.22% | 10,000 | $3.4M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.19% | 40,000 | $3.0M | Reduce -88.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 10,000 | $2.8M | New |
| ORCL Oracle Corp. | 0.18% | 10,000 | $2.8M | New |
| CHTR Charter Communications Inc. Class A | 0.18% | 10,000 | $2.8M | New |
| CRCL Circle Internet Group Inc. | 0.17% | 20,000 | $2.7M | New |
| ABNB Airbnb Inc. Class A | 0.16% | 20,000 | $2.4M | New |
| TMUS T-Mobile US Inc. | 0.15% | 10,000 | $2.4M | New |
| ALAB Astera Labs Inc. | 0.13% | 10,000 | $2.0M | New |
| ANET Arista Networks Inc. | 0.09% | 10,000 | $1.5M | New |
| CRDO Credo Technology Group Holdi | 0.09% | 10,000 | $1.5M | New |
| HIMS Hims & Hers Health Inc. | 0.07% | 20,000 | $1.1M | New |
| FIG Figma Inc. Class A | 0.07% | 20,000 | $1.0M | New |
| UPST Upstart Holdings Inc. | 0.07% | 20,000 | $1.0M | New |
| CABO Cable One Inc. | 0.06% | 5,000 | $885K | New |
| RCI Rogers Communications Inc. Class B | 0.04% | 20,000 | $689K | New |
| SOFI Sofi Technologies Inc. | 0.03% | 20,000 | $528K | New |
| PSKY Paramount Skydance Class B | 0.02% | 20,000 | $378K | New |
| STUB Stubhub Holdings Inc. Class A | 0.02% | 20,000 | $337K | New |
| TU Telus Corp. | 0.02% | 20,000 | $315K | New |
| FUBO Fubotv Inc. | 0.01% | 20,000 | $83K | New |
Portfolio Sells Q2 2025 → Q3 2025
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −5.74 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −5.32 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −4.56 |
| GOOGL Alphabet Inc. Class A | Reduce -50.0% | 4.71% | −4.04 |
| T AT&T Inc. | Reduce -52.0% | 2.19% | −3.80 |
| PYPL PayPal Holdings Inc. | Reduce -76.9% | 0.65% | −3.35 |
| AMD Advanced Micro Devices | Reduce -24.8% | 4.71% | −2.33 |
| BKNG Booking Holdings Inc. | Reduce -54.9% | 1.10% | −2.25 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −2.24 |
| AFRM Affirm Holdings Inc. | Reduce -60.0% | 0.94% | −1.92 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −1.81 |
| DASH DoorDash Inc. Class A | Reduce -80.2% | 0.35% | −1.71 |
| DIS The Walt Disney Co. | Reduce -12.5% | 2.59% | −1.52 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -88.6% | 0.19% | −1.50 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −1.41 |
| JD Jd.com Inc.-ADR | Reduce -44.4% | 1.13% | −1.30 |
| CLS Celestica Inc. | Sold out | 0.00% | −1.29 |
| ON On Semiconductor | Sold out | 0.00% | −1.08 |
| DOCU Docusign Inc. | Sold out | 0.00% | −1.01 |
| APP AppLovin Corp. Class A | Reduce -79.0% | 0.49% | −0.96 |
| CHWY Chewy Inc. Class A | Reduce -38.1% | 0.65% | −0.77 |
| UBER Uber Technologies Inc. | Reduce -33.3% | 0.63% | −0.53 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −0.38 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.35 |
| IREN Iren Ltd. | Sold out | 0.00% | −0.35 |
| ROKU Roku Inc. | Reduce -4.0% | 1.55% | −0.27 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| TSM Taiwan Semiconductor-SP ADR | New | 3.61% | +3.61 |
| NFLX Netflix Inc. | New | 3.17% | +3.17 |
| CRWV Coreweave Inc. Class A | New | 3.09% | +3.09 |
| BABA Alibaba Group Holding-SP ADR | New | 2.89% | +2.89 |
| SPOT Spotify Technology SA | New | 2.70% | +2.70 |
| TTD Trade Desk Inc./the Class A | New | 2.37% | +2.37 |
| SE Sea Ltd.-ADR | New | 2.32% | +2.32 |
| FOX Fox Corp. Class B | New | 2.31% | +2.31 |
| INTU Intuit Inc. | New | 2.21% | +2.21 |
| CVNA Carvana Co. | New | 2.19% | +2.19 |
| EQIX Equinix Inc. | Add +478.2% | 2.53% | +1.96 |
| LITE Lumentum Holdings Inc. | New | 1.89% | +1.89 |
| PDD PDD Holdings Inc. | New | 1.71% | +1.71 |
| NVDA Nvidia Corp. | Add +51.1% | 6.02% | +1.70 |
| TWLO Twilio Inc. Class A | New | 1.62% | +1.62 |
| SNPS Synopsys Inc. | New | 1.59% | +1.59 |
| NBIS Nebius Group NV | New | 1.46% | +1.46 |
| TEAM Atlassian Corp. Class A | New | 1.44% | +1.44 |
| FTNT Fortinet Inc. | New | 1.36% | +1.36 |
| CPNG Coupang Inc. | New | 1.35% | +1.35 |
| CART Maplebear Inc. | New | 1.31% | +1.31 |
| RBLX Roblox Corp. Class A | Add +100.0% | 2.24% | +1.15 |
| ETSY Etsy Inc. | Add +82.7% | 2.36% | +1.11 |
| GDS GDS Holdings Ltd. - ADR | New | 1.00% | +1.00 |
| MDB Mongodb Inc. | New | 1.00% | +1.00 |
| XYZ Block Inc. | Add +54.5% | 3.97% | +0.87 |
| HSAI Hesai Group | New | 0.82% | +0.82 |
| PRKS United Parks & Resorts Inc. | New | 0.75% | +0.75 |
| EA Electronic Arts Inc. | New | 0.66% | +0.66 |
| EBAY eBay Inc. | New | 0.59% | +0.59 |
| COIN Coinbase Global Inc. Class A | New | 0.22% | +0.22 |
| IBM Intl Business Machines Corp. | New | 0.18% | +0.18 |
| ORCL Oracle Corp. | New | 0.18% | +0.18 |
| CHTR Charter Communications Inc. Class A | New | 0.18% | +0.18 |
| CRCL Circle Internet Group Inc. | New | 0.17% | +0.17 |
| ABNB Airbnb Inc. Class A | New | 0.16% | +0.16 |
| TMUS T-Mobile US Inc. | New | 0.15% | +0.15 |
| ALAB Astera Labs Inc. | New | 0.13% | +0.13 |
| PTON Peloton Interactive Inc. Class A | Add +25.0% | 0.58% | +0.12 |
| ANET Arista Networks Inc. | New | 0.09% | +0.09 |
| CRDO Credo Technology Group Holdi | New | 0.09% | +0.09 |
| HIMS Hims & Hers Health Inc. | New | 0.07% | +0.07 |
| FIG Figma Inc. Class A | New | 0.07% | +0.07 |
| UPST Upstart Holdings Inc. | New | 0.07% | +0.07 |
| META Meta Platforms Inc. Class A | Add +33.3% | 1.90% | +0.06 |
| CABO Cable One Inc. | New | 0.06% | +0.06 |
| RCI Rogers Communications Inc. Class B | New | 0.04% | +0.04 |
| SOFI Sofi Technologies Inc. | New | 0.03% | +0.03 |
| PSKY Paramount Skydance Class B | New | 0.02% | +0.02 |
| STUB Stubhub Holdings Inc. Class A | New | 0.02% | +0.02 |
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 |