Ardmore Road Asset Management LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Ardmore Road Asset Management LP reported 74 stock positions worth $1.3 billion. Its top holding was Nvidia (NVDA) at 4.4% of the portfolio, followed by Uber Technologies (UBER, 3.9%) and Taiwan Semiconductor-SP ADR (TSM, 3.6%). Compared with Q3 2025, it opened 32 new positions, sold out of 29, added to 13 and reduced 29. The biggest buy was T-Mobile US (TMUS, shares +2112%) and the biggest sale Block (XYZ, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001835730
- Portfolio Value
- $1.3B (Q4 2025)
- SEC Filing
- 0001835730-26-000003 ↗ filed Feb 17, 2026
Holdings Value
Holdings 74 stocks · $1.3B
| NVDA Nvidia Corp. | 4.41% | 312,289 | $58.2M | Reduce -37.5% |
| UBER Uber Technologies Inc. | 3.87% | 625,381 | $51.1M | Add +525.4% |
| TSM Taiwan Semiconductor-SP ADR | 3.60% | 156,335 | $47.5M | Reduce -21.8% |
| FOX Fox Corp. Class B | 3.59% | 729,627 | $47.4M | Add +16.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.41% | 394,915 | $44.9M | Add +12.8% |
| TMUS T-Mobile US Inc. | 3.40% | 221,152 | $44.9M | Add +2111.5% |
| MSFT Microsoft Corp. | 3.40% | 92,765 | $44.9M | Add +81.9% |
| TEAM Atlassian Corp. Class A | 3.27% | 266,101 | $43.1M | Add +90.1% |
| CART Maplebear Inc. | 2.85% | 836,929 | $37.6M | Add +51.3% |
| SNPS Synopsys Inc. | 2.78% | 78,184 | $36.7M | Add +56.4% |
| DKNG Draftkings Inc. Class A | 2.72% | 1,042,460 | $35.9M | Add +15.8% |
| EQIX Equinix Inc. | 2.71% | 46,726 | $35.8M | Reduce -6.5% |
| NTNX Nutanix Inc. Class A | 2.65% | 677,284 | $35.0M | New |
| LITE Lumentum Holdings Inc. | 2.62% | 93,708 | $34.5M | Reduce -47.9% |
| FLUT Flutter Entertainment PLC-Di | 2.55% | 156,422 | $33.6M | Reduce -30.5% |
| AMD Advanced Micro Devices | 2.54% | 156,250 | $33.5M | Reduce -65.3% |
| SPOT Spotify Technology SA | 2.29% | 52,107 | $30.3M | Reduce -13.2% |
| CVNA Carvana Co. | 2.20% | 68,721 | $29.0M | Reduce -23.6% |
| EBAY eBay Inc. | 2.13% | 323,181 | $28.1M | Add +220.0% |
| GOOGL Alphabet Inc. Class A | 1.98% | 83,372 | $26.1M | Reduce -72.2% |
| COHR Coherent Corp. | 1.97% | 140,881 | $26.0M | New |
| HUBS HubSpot Inc. | 1.84% | 60,391 | $24.2M | New |
| AMZN Amazon.com Inc. | 1.82% | 104,235 | $24.1M | New |
| AVGO Broadcom Inc. | 1.78% | 67,762 | $23.5M | New |
| BKNG Booking Holdings Inc. | 1.69% | 4,168 | $22.3M | Add +32.1% |
| VZ Verizon Communications Inc. | 1.69% | 547,616 | $22.3M | New |
| MRVL Marvell Technology Inc. | 1.68% | 260,524 | $22.1M | New |
| GLW Corning Inc. | 1.67% | 252,352 | $22.1M | New |
| FTNT Fortinet Inc. | 1.64% | 271,748 | $21.6M | Add +8.7% |
| NFLX Netflix Inc. | 1.48% | 208,485 | $19.5M | Reduce -49.1% |
| OMC Omnicom Group | 1.45% | 236,949 | $19.1M | New |
| AMKR Amkor Technology Inc. | 1.40% | 469,121 | $18.5M | New |
| WMG Warner Music Group Corp. Class A | 1.21% | 521,196 | $16.0M | New |
| PCOR Procore Technologies Inc. | 1.20% | 217,256 | $15.8M | New |
| MNDY Monday.com Ltd. | 1.12% | 100,466 | $14.8M | New |
| INTU Intuit Inc. | 1.11% | 22,115 | $14.6M | Reduce -55.8% |
| TWLO Twilio Inc. Class A | 1.09% | 101,002 | $14.4M | Reduce -59.6% |
| IBIT iShares Bitcoin Trust ETF | 1.05% | 279,219 | $13.9M | Reduce -30.2% |
| MCHP Microchip Technology Inc. | 1.01% | 208,457 | $13.3M | New |
| MDB Mongodb Inc. | 0.99% | 31,242 | $13.1M | Reduce -37.5% |
| ONTO Onto Innovation Inc. | 0.93% | 78,101 | $12.3M | New |
| ECHO Echostar Corp. Class A | 0.91% | 110,498 | $12.0M | New |
| MU Micron Technology Inc. | 0.90% | 41,640 | $11.9M | New |
| ETSY Etsy Inc. | 0.83% | 198,232 | $11.0M | Reduce -64.0% |
| WBD Warner Bros Discovery Inc. | 0.81% | 368,587 | $10.6M | New |
| GRAB Grab Holdings Ltd. Class A | 0.79% | 2,083,583 | $10.4M | New |
| XYZ Block Inc. | 0.77% | 156,546 | $10.2M | Reduce -81.6% |
| CWAN Clearwater Analytics HDS-A | 0.77% | 421,242 | $10.2M | New |
| SNAP Snap Inc. Class A | 0.70% | 1,146,509 | $9.3M | New |
| GTM Zoominfo Technologies Inc. | 0.64% | 827,658 | $8.4M | New |
| STX Seagate Technology Holdings | 0.54% | 26,049 | $7.2M | New |
| SE Sea Ltd.-ADR | 0.51% | 53,155 | $6.8M | Reduce -73.5% |
| ROKU Roku Inc. | 0.43% | 52,130 | $5.7M | Reduce -78.3% |
| AFRM Affirm Holdings Inc. | 0.36% | 63,186 | $4.7M | Reduce -68.4% |
| CVLT Commvault Systems Inc. | 0.28% | 29,551 | $3.7M | New |
| WDC Western Digital Corp. | 0.27% | 20,850 | $3.6M | New |
| FISV Fiserv Inc. | 0.27% | 52,090 | $3.5M | New |
| PTON Peloton Interactive Inc. Class A | 0.24% | 520,942 | $3.2M | Reduce -47.9% |
| BILL Bill Holdings Inc. | 0.13% | 31,593 | $1.7M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 5,000 | $1.5M | Reduce -50.0% |
| DELL Dell Technologies -C | 0.10% | 10,000 | $1.3M | New |
| COIN Coinbase Global Inc. Class A | 0.09% | 5,000 | $1.1M | Reduce -50.0% |
| ARM Arm Holdings PLC-ADR | 0.08% | 10,000 | $1.1M | New |
| IREN Iren Ltd. filed as IREN LIMITED | 0.07% | 25,000 | $944K | New |
| CPNG Coupang Inc. | 0.07% | 40,000 | $944K | Reduce -93.8% |
| PYPL PayPal Holdings Inc. | 0.07% | 15,000 | $876K | Reduce -90.0% |
| NBIS Nebius Group NV | 0.06% | 10,000 | $837K | Reduce -95.0% |
| ALAB Astera Labs Inc. | 0.06% | 5,000 | $832K | Reduce -50.0% |
| VRT Vertiv Holdings Co. Class A | 0.06% | 5,000 | $810K | New |
| CRCL Circle Internet Group Inc. | 0.06% | 10,000 | $793K | Reduce -50.0% |
| DLR Digital Realty Trust Inc. | 0.06% | 5,000 | $774K | New |
| CRWV Coreweave Inc. Class A | 0.05% | 10,000 | $716K | Reduce -97.1% |
| ANET Arista Networks Inc. | 0.05% | 5,000 | $655K | Reduce -50.0% |
| STUB Stubhub Holdings Inc. Class A | 0.03% | 25,000 | $338K | Add +25.0% |
Portfolio Sells Q3 2025 → Q4 2025
| XYZ Block Inc. | Reduce -81.6% | 0.77% | −3.19 |
| CRWV Coreweave Inc. Class A | Reduce -97.1% | 0.05% | −3.04 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −2.89 |
| GOOGL Alphabet Inc. Class A | Reduce -72.2% | 1.98% | −2.73 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −2.37 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −2.24 |
| T AT&T Inc. | Sold out | 0.00% | −2.19 |
| AMD Advanced Micro Devices | Reduce -65.3% | 2.54% | −2.18 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.90 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −1.87 |
| SE Sea Ltd.-ADR | Reduce -73.5% | 0.51% | −1.81 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.71 |
| NFLX Netflix Inc. | Reduce -49.1% | 1.48% | −1.69 |
| NVDA Nvidia Corp. | Reduce -37.5% | 4.41% | −1.61 |
| ETSY Etsy Inc. | Reduce -64.0% | 0.83% | −1.52 |
| NBIS Nebius Group NV | Reduce -95.0% | 0.06% | −1.39 |
| CPNG Coupang Inc. | Reduce -93.8% | 0.07% | −1.28 |
| FLUT Flutter Entertainment PLC-Di | Reduce -30.5% | 2.55% | −1.14 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −1.13 |
| ROKU Roku Inc. | Reduce -78.3% | 0.43% | −1.12 |
| INTU Intuit Inc. | Reduce -55.8% | 1.11% | −1.09 |
| GDS GDS Holdings Ltd. - ADR | Sold out | 0.00% | −1.00 |
| HSAI Hesai Group | Sold out | 0.00% | −0.82 |
| PRKS United Parks & Resorts Inc. | Sold out | 0.00% | −0.75 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.66 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.65 |
| IBIT iShares Bitcoin Trust ETF | Reduce -30.2% | 1.05% | −0.63 |
| AFRM Affirm Holdings Inc. | Reduce -68.4% | 0.36% | −0.59 |
| PYPL PayPal Holdings Inc. | Reduce -90.0% | 0.07% | −0.58 |
| TWLO Twilio Inc. Class A | Reduce -59.6% | 1.09% | −0.53 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.49 |
| SPOT Spotify Technology SA | Reduce -13.2% | 2.29% | −0.41 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.35 |
| PTON Peloton Interactive Inc. Class A | Reduce -47.9% | 0.24% | −0.34 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.19 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.18 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.18 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.16 |
| COIN Coinbase Global Inc. Class A | Reduce -50.0% | 0.09% | −0.13 |
| CRCL Circle Internet Group Inc. | Reduce -50.0% | 0.06% | −0.11 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.09 |
| HIMS Hims & Hers Health Inc. | Sold out | 0.00% | −0.07 |
| IBM Intl Business Machines Corp. | Reduce -50.0% | 0.11% | −0.07 |
| FIG Figma Inc. Class A | Sold out | 0.00% | −0.07 |
| UPST Upstart Holdings Inc. | Sold out | 0.00% | −0.07 |
| ALAB Astera Labs Inc. | Reduce -50.0% | 0.06% | −0.06 |
| CABO Cable One Inc. | Sold out | 0.00% | −0.06 |
| RCI Rogers Communications Inc. Class B | Sold out | 0.00% | −0.04 |
| ANET Arista Networks Inc. | Reduce -50.0% | 0.05% | −0.04 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| TMUS T-Mobile US Inc. | Add +2111.5% | 3.40% | +3.25 |
| UBER Uber Technologies Inc. | Add +525.4% | 3.87% | +3.24 |
| NTNX Nutanix Inc. Class A | New | 2.65% | +2.65 |
| COHR Coherent Corp. | New | 1.97% | +1.97 |
| HUBS HubSpot Inc. | New | 1.84% | +1.84 |
| TEAM Atlassian Corp. Class A | Add +90.1% | 3.27% | +1.83 |
| AMZN Amazon.com Inc. | New | 1.82% | +1.82 |
| AVGO Broadcom Inc. | New | 1.78% | +1.78 |
| MSFT Microsoft Corp. | Add +81.9% | 3.40% | +1.69 |
| VZ Verizon Communications Inc. | New | 1.69% | +1.69 |
| MRVL Marvell Technology Inc. | New | 1.68% | +1.68 |
| GLW Corning Inc. | New | 1.67% | +1.67 |
| CART Maplebear Inc. | Add +51.3% | 2.85% | +1.54 |
| EBAY eBay Inc. | Add +220.0% | 2.13% | +1.54 |
| OMC Omnicom Group | New | 1.45% | +1.45 |
| AMKR Amkor Technology Inc. | New | 1.40% | +1.40 |
| FOX Fox Corp. Class B | Add +16.7% | 3.59% | +1.28 |
| WMG Warner Music Group Corp. Class A | New | 1.21% | +1.21 |
| PCOR Procore Technologies Inc. | New | 1.20% | +1.20 |
| SNPS Synopsys Inc. | Add +56.4% | 2.78% | +1.19 |
| MNDY Monday.com Ltd. | New | 1.12% | +1.12 |
| MCHP Microchip Technology Inc. | New | 1.01% | +1.01 |
| ONTO Onto Innovation Inc. | New | 0.93% | +0.93 |
| ECHO Echostar Corp. Class A | New | 0.91% | +0.91 |
| MU Micron Technology Inc. | New | 0.90% | +0.90 |
| DIS The Walt Disney Co. | Add +12.8% | 3.41% | +0.82 |
| WBD Warner Bros Discovery Inc. | New | 0.81% | +0.81 |
| GRAB Grab Holdings Ltd. Class A | New | 0.79% | +0.79 |
| CWAN Clearwater Analytics HDS-A | New | 0.77% | +0.77 |
| SNAP Snap Inc. Class A | New | 0.70% | +0.70 |
| GTM Zoominfo Technologies Inc. | New | 0.64% | +0.64 |
| BKNG Booking Holdings Inc. | Add +32.1% | 1.69% | +0.59 |
| DKNG Draftkings Inc. Class A | Add +15.8% | 2.72% | +0.55 |
| STX Seagate Technology Holdings | New | 0.54% | +0.54 |
| CVLT Commvault Systems Inc. | New | 0.28% | +0.28 |
| FTNT Fortinet Inc. | Add +8.7% | 1.64% | +0.28 |
| WDC Western Digital Corp. | New | 0.27% | +0.27 |
| FISV Fiserv Inc. | New | 0.27% | +0.27 |
| BILL Bill Holdings Inc. | New | 0.13% | +0.13 |
| DELL Dell Technologies -C | New | 0.10% | +0.10 |
| ARM Arm Holdings PLC-ADR | New | 0.08% | +0.08 |
| IREN Iren Ltd. | New | 0.07% | +0.07 |
| VRT Vertiv Holdings Co. Class A | New | 0.06% | +0.06 |
| DLR Digital Realty Trust Inc. | New | 0.06% | +0.06 |
| STUB Stubhub Holdings Inc. Class A | Add +25.0% | 0.03% | +0.00 |
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 |