Ardmore Road Asset Management LP
WESTPORT, CT
$1.7bn in 70 US stocks at the end of 30 June 2026. The top 10 are 32.5% of the money. It changed about 45.4% of the portfolio this quarter.
Value
$1.7bn
Stocks
70
Top 10 share
32.5%
Turnover
45.4%
What changed this quarter
New
Bought for the first time this quarter.
- Guidewire SoftwareGWRE4.0% of the fund
- American TowerAMT2.7% of the fund
- EchoStarECHO2.4% of the fund
- QualcommQCOM2.3% of the fund
- MongoDBMDB2.2% of the fund
- ASML Holding NVASML1.9% of the fund
- Dell TechnologiesDELL1.5% of the fund
- Robinhood MarketsHOOD1.2% of the fund
- ShopifySHOP1.1% of the fund
- SemtechSMTC1.0% of the fund
- Zoom CommunicationsZM1.0% of the fund
- CoupangCPNG1.0% of the fund
- AppLovinAPP0.9% of the fund
- Unity SoftwareU0.8% of the fund
- BaiduBIDU0.8% of the fund
- Axon EnterpriseAXON0.8% of the fund
- Amkor TechnologyAMKR0.5% of the fund
- Charter CommunicationsCHTR0.5% of the fund
- ChewyCHWY0.3% of the fund
- STMicroelectronicsSTM0.3% of the fund
- Micron TechnologyMU<0.1% of the fund
- AmphenolAPH<0.1% of the fund
- NvidiaNVDA<0.1% of the fund
- Cisco SystemsCSCO<0.1% of the fund
- KLAKLAC<0.1% of the fund
Added
Bought more of a stock they already held.
- Advanced Micro DevicesAMD4.3% of the fund+14%
- T-Mobile USTMUS3.8% of the fund+28%
- Verizon CommunicationsVZ3.7% of the fund+85%
- Uber TechnologiesUBER3.0% of the fund+17%
- Warner Bros. DiscoveryWBD2.7% of the fund+60%
- NutanixNTNX2.6% of the fund+9%
- MicrosoftMSFT2.6% of the fund+47%
- RokuROKU2.4% of the fund+148%
- AtlassianTEAM2.4% of the fund+186%
- Amazon.comAMZN2.3% of the fund+10%
- Procore TechnologiesPCOR2.3% of the fund+150%
- Omnicom GroupOMC2.2% of the fund+49%
- Liberty MediaFWONK2.2% of the fund+186%
- IntuitINTU2.2% of the fund+95%
- Warner Music GroupWMG2.1% of the fund+57%
- Live Nation EntertainmentLYV1.8% of the fund+71%
- monday.comMNDY1.8% of the fund+259%
- WorkdayWDAY1.5% of the fund+77%
- RobloxRBLX1.4% of the fund+260%
- Liberty Live HoldingsLLYVK1.4% of the fund+54%
- Grab HoldingsGRAB1.3% of the fund+31%
- Expedia GroupEXPE1.2% of the fund+7%
- Ishares Bitcoin Trust ETFIBIT1.2% of the fund+20%
- GDS HldgsGDS1.1% of the fund+50%
Cut
Sold some of their stake.
- Taiwan Semiconductor ManufacturingTSM3.2% of the fund-25%
- Lam ResearchLRCX2.5% of the fund-45%
- CoherentCOHR1.7% of the fund-7%
- EquinixEQIX1.4% of the fund-64%
- DoorDashDASH1.3% of the fund-34%
- Booking HoldingsBKNG1.2% of the fund-27%
- MaplebearCART1.1% of the fund-31%
- CoreWeaveCRWV1.0% of the fund-51%
- CorningGLW0.9% of the fund-90%
- HubspotHUBS0.8% of the fund-39%
- Costar GroupCSGP0.6% of the fund-42%
- Applied MaterialsAMAT0.6% of the fund-85%
- FortinetFTNT0.4% of the fund-87%
- Affirm HoldingsAFRM<0.1% of the fund-97%
- Lumentum HoldingsLITE<0.1% of the fund-98%
- Marvell TechnologyMRVL<0.1% of the fund-98%
- Super Micro ComputerSMCI<0.1% of the fund-94%
- BroadcomAVGO<0.1% of the fund-95%
- SandiskSNDK<0.1% of the fund-100%
Sold out
Sold their entire stake.
- Meta PlatformsMETA-100%
- CienaCIEN-100%
- SynopsysSNPS-100%
- NetflixNFLX-100%
- Analog DevicesADI-100%
- PDD HoldingsPDD-100%
- Trip COM GroupTCOM-100%
- BlockXYZ-100%
- Advanced Energy IndustriesAEIS-100%
- SeaSE-100%
- RedditRDDT-100%
- TeradyneTER-100%
- FigmaFIG-100%
- FoxFOX-100%
- ZoomInfo TechnologiesGTM-100%
- Peloton InteractivePTON-100%
- BILL HoldingsBILL-100%
- LyftLYFT-100%
- SnapSNAP-100%
- Liberty MediaFWONA-100%
Holdings
- Ishares Bitcoin Trust ETFIBIT
- Share
- 1.2%
- Value
- $20m
- Shares
- 600,000
+20%
- GDS HldgsGDS
- Share
- 1.1%
- Value
- $18m
- Shares
- 600,000
+50%
- BaiduBIDU
- Share
- 0.8%
- Value
- $13m
- Shares
- 113,957
New
- ARM HoldingsARM
- Share
- <0.1%
- Value
- $992,796
- Shares
- 2,800
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Advanced Micro DevicesAMD | 4.3% | $73m | 125,000 | +14% |
| Guidewire SoftwareGWRE | 4.0% | $68m | 550,000 | New |
| T-Mobile USTMUS | 3.8% | $65m | 385,000 | +28% |
| Verizon CommunicationsVZ | 3.7% | $63m | 1,499,260 | +85% |
| Taiwan Semiconductor ManufacturingTSM | 3.2% | $54m | 112,800 | -25% |
| Uber TechnologiesUBER | 3.0% | $51m | 700,000 | +17% |
| Warner Bros. DiscoveryWBD | 2.7% | $46m | 1,740,482 | +60% |
| American TowerAMT | 2.7% | $46m | 282,464 | New |
| NutanixNTNX | 2.6% | $44m | 865,400 | +9% |
| MicrosoftMSFT | 2.6% | $44m | 117,300 | +47% |
| Lam ResearchLRCX | 2.5% | $42m | 97,000 | -45% |
| RokuROKU | 2.4% | $41m | 297,000 | +148% |
| AtlassianTEAM | 2.4% | $41m | 525,953 | +186% |
| EchoStarECHO | 2.4% | $40m | 395,000 | New |
| Amazon.comAMZN | 2.3% | $39m | 165,200 | +10% |
| QualcommQCOM | 2.3% | $39m | 211,200 | New |
| Procore TechnologiesPCOR | 2.3% | $39m | 954,517 | +150% |
| MongoDBMDB | 2.2% | $38m | 113,960 | New |
| Omnicom GroupOMC | 2.2% | $38m | 524,794 | +49% |
| Liberty MediaFWONK | 2.2% | $38m | 400,000 | +186% |
| IntuitINTU | 2.2% | $38m | 144,600 | +95% |
| Warner Music GroupWMG | 2.1% | $36m | 1,325,000 | +57% |
| Spotify TechnologySPOT | 1.9% | $32m | 70,000 | Held |
| ASML Holding NVASML | 1.9% | $32m | 16,100 | New |
| Live Nation EntertainmentLYV | 1.8% | $31m | 170,634 | +71% |
| monday.comMNDY | 1.8% | $31m | 426,137 | +259% |
| CoherentCOHR | 1.7% | $30m | 75,000 | -7% |
| Dell TechnologiesDELL | 1.5% | $26m | 60,400 | New |
| WorkdayWDAY | 1.5% | $26m | 209,450 | +77% |
| RobloxRBLX | 1.4% | $24m | 450,000 | +260% |
| Liberty Live HoldingsLLYVK | 1.4% | $24m | 231,500 | +54% |
| EquinixEQIX | 1.4% | $23m | 22,434 | -64% |
| Grab HoldingsGRAB | 1.3% | $23m | 6,000,000 | +31% |
| DoorDashDASH | 1.3% | $22m | 120,000 | -34% |
| Expedia GroupEXPE | 1.2% | $20m | 80,000 | +7% |
| Robinhood MarketsHOOD | 1.2% | $20m | 200,000 | New |
| Ishares Bitcoin Trust ETFIBIT | 1.2% | $20m | 600,000 | +20% |
| Booking HoldingsBKNG | 1.2% | $20m | 110,000 | -27% |
| MaplebearCART | 1.1% | $19m | 400,000 | -31% |
| ShopifySHOP | 1.1% | $19m | 162,500 | New |
| GDS HldgsGDS | 1.1% | $18m | 600,000 | +50% |
| SemtechSMTC | 1.0% | $18m | 110,000 | New |
| CoreWeaveCRWV | 1.0% | $17m | 173,493 | -51% |
| Zoom CommunicationsZM | 1.0% | $17m | 200,000 | New |
| CoupangCPNG | 1.0% | $16m | 932,100 | New |
| AppLovinAPP | 0.9% | $15m | 30,000 | New |
| CorningGLW | 0.9% | $15m | 57,600 | -90% |
| Unity SoftwareU | 0.8% | $14m | 500,000 | New |
| HubspotHUBS | 0.8% | $14m | 76,900 | -39% |
| BaiduBIDU | 0.8% | $13m | 113,957 | New |
| Axon EnterpriseAXON | 0.8% | $13m | 23,214 | New |
| Costar GroupCSGP | 0.6% | $11m | 390,146 | -42% |
| Applied MaterialsAMAT | 0.6% | $10m | 14,300 | -85% |
| Amkor TechnologyAMKR | 0.5% | $9m | 100,000 | New |
| Charter CommunicationsCHTR | 0.5% | $8m | 59,000 | New |
| FortinetFTNT | 0.4% | $7m | 43,000 | -87% |
| ChewyCHWY | 0.3% | $6m | 300,000 | New |
| STMicroelectronicsSTM | 0.3% | $4m | 60,000 | New |
| Affirm HoldingsAFRM | <0.1% | $2m | 19,100 | -97% |
| Micron TechnologyMU | <0.1% | $1m | 900 | New |
| Lumentum HoldingsLITE | <0.1% | $1m | 1,200 | -98% |
| Marvell TechnologyMRVL | <0.1% | $1m | 3,400 | -98% |
| AmphenolAPH | <0.1% | $1m | 5,700 | New |
| NvidiaNVDA | <0.1% | $1m | 5,000 | New |
| Cisco SystemsCSCO | <0.1% | $998,410 | 8,500 | New |
| KLAKLAC | <0.1% | $995,643 | 3,300 | New |
| ARM HoldingsARM | <0.1% | $992,796 | 2,800 | New |
| Super Micro ComputerSMCI | <0.1% | $982,555 | 33,500 | -94% |
| BroadcomAVGO | <0.1% | $982,150 | 2,600 | -95% |
| SandiskSNDK | <0.1% | $436,556 | 192 | -100% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 41.0% since 30 June 2025.
Where the money is
Technology48.9%
Media & telecom26.7%
Retail & consumer8.7%
Industrials5.6%
Real estate4.7%
Financial services1.3%
Everyday goods1.1%
Other3.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.