Latest Ardmore Road Asset Management LP Stock Portfolio
$567Million– No. of Holdings #36
Ardmore Road Asset Management LP Performance:
2024 Q1: 19.74%YTD: 19.74%2023: 51.12%
Performance for 2024 Q1 is 19.74%, and YTD is 19.74%, and 2023 is 51.12%.
About Ardmore Road Asset Management LP and 13F Hedge Fund Stock Holdings
Ardmore Road Asset Management LP is a hedge fund based in NEW YORK, NY. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $520.4 Millions. In it's latest 13F Holdings report, Ardmore Road Asset Management LP reported an equity portfolio of $567.6 Millions as of 31 Mar, 2024.
The top stock holdings of Ardmore Road Asset Management LP are EXPE, AMZN, NFLX. The fund has invested 9.1% of it's portfolio in EXPEDIA GROUP INC and 7.9% of portfolio in AMAZON COM INC.
The fund managers got completely rid off ISHARES TR (AGG), MERCADOLIBRE INC (MELI) and BAIDU INC (BIDU) stocks. They significantly reduced their stock positions in JD.COM INC (JD), SUPER MICRO COMPUTER INC (SMCI) and SPOTIFY TECHNOLOGY S A (SPOT). Ardmore Road Asset Management LP opened new stock positions in ALIBABA GROUP HLDG LTD (BABA), SHOPIFY INC (SHOP) and SNAP INC (SNAP). The fund showed a lot of confidence in some stocks as they added substantially to TRIP COM GROUP LTD (TCOM), ROBLOX CORP (RBLX) and EXPEDIA GROUP INC (EXPE).
The top stock holdings of Ardmore Road Asset Management LP are EXPE, AMZN, NFLX. The fund has invested 9.1% of it's portfolio in EXPEDIA GROUP INC and 7.9% of portfolio in AMAZON COM INC.
The fund managers got completely rid off ISHARES TR (AGG), MERCADOLIBRE INC (MELI) and BAIDU INC (BIDU) stocks. They significantly reduced their stock positions in JD.COM INC (JD), SUPER MICRO COMPUTER INC (SMCI) and SPOTIFY TECHNOLOGY S A (SPOT). Ardmore Road Asset Management LP opened new stock positions in ALIBABA GROUP HLDG LTD (BABA), SHOPIFY INC (SHOP) and SNAP INC (SNAP). The fund showed a lot of confidence in some stocks as they added substantially to TRIP COM GROUP LTD (TCOM), ROBLOX CORP (RBLX) and EXPEDIA GROUP INC (EXPE).
Ardmore Road Asset Management LP Equity Portfolio Value
Last Reported on: 15 May, 2024
Ardmore Road Asset Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Ardmore Road Asset Management LP made a return of 19.74% in the last quarter. In trailing 12 months, it's portfolio return was 59.06%.
New Buys
| Ticker | $ Bought |
|---|---|
| alibaba group hldg ltd | 36,180,000 |
| shopify inc | 15,434,000 |
| snap inc | 14,924,000 |
| datadog inc | 14,832,000 |
| pinterest inc | 13,868,000 |
| taiwan semiconductor mfg ltd | 13,605,000 |
| micron technology inc | 11,789,000 |
| asml holding n v | 11,645,600 |
New stocks bought by Ardmore Road Asset Management LP
Additions
| Ticker | % Inc. |
|---|---|
| trip com group ltd | 445 |
| roblox corp | 400 |
| expedia group inc | 368 |
| netflix inc | 200 |
| at&t inc | 166 |
| pdd holdings inc | 150 |
| warner music group corp | 75.00 |
| chewy inc | 71.43 |
Additions to existing portfolio by Ardmore Road Asset Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| jd.com inc | -98.67 |
| super micro computer inc | -91.07 |
| spotify technology s a | -50.00 |
| warner bros discovery inc | -50.00 |
| meta platforms inc | -46.9 |
| nvidia corporation | -46.67 |
Ardmore Road Asset Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ishares tr | -40,142,000 |
| verizon communications inc | -5,655,000 |
| baidu inc | -15,481,700 |
| advanced micro devices inc | -14,741,000 |
| ishares tr | -24,338,400 |
| t-mobile us inc | -8,016,500 |
| gitlab inc | -2,644,320 |
| elastic n v | -4,508,000 |
Ardmore Road Asset Management LP got rid off the above stocks
Sector Distribution
Ardmore Road Asset Management LP has about 28.8% of it's holdings in Communication Services sector.
| Sector | % |
|---|---|
| Communication Services | 28.8 |
| Technology | 27.1 |
| Others | 24.4 |
| Consumer Cyclical | 18.9 |
Market Cap. Distribution
Ardmore Road Asset Management LP has about 72.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 42 |
| MEGA-CAP | 30.3 |
| UNALLOCATED | 24.4 |
| MID-CAP | 3.2 |
Stocks belong to which Index?
About 50.2% of the stocks held by Ardmore Road Asset Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 49.7 |
| S&P 500 | 48.7 |
| RUSSELL 2000 | 1.5 |
Ardmore Road Asset Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Ardmore Road Asset Management LP
Ardmore Road Asset Management LP has 36 stocks in it's portfolio. About 59.7% of the portfolio is in top 10 stocks. CHWY proved to be the most loss making stock for the portfolio. SMCI was the most profitable stock for Ardmore Road Asset Management LP last quarter.
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AGG | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AGG | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMD | advanced micro devices inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMZN | amazon com inc | 7.94 | 250,000 | 45,095,000 | unchanged | 0.00 | ||
| APP | applovin corp | 4.27 | 350,000 | 24,227,000 | added | 40.00 | ||
| ASML | asml holding n v | 2.05 | 12,000 | 11,645,600 | new | |||
| BABA | alibaba group hldg ltd | 6.37 | 500,000 | 36,180,000 | new | |||
| BIDU | baidu inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BIL | spdr ser tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BKNG | booking holdings inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CHWY | chewy inc | 1.68 | 600,000 | 9,546,000 | added | 71.43 | ||
| CRM | salesforce inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CVNA | carvana co | 0.17 | 11,000 | 967,010 | new | |||
| DDOG | datadog inc | 2.61 | 120,000 | 14,832,000 | new | |||
| DELL | dell technologies inc | 1.21 | 60,000 | 6,846,600 | new | |||
| DOCU | docusign inc | 2.20 | 210,000 | 12,505,500 | added | 5.00 | ||
| ESTC | elastic n v | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EXPE | expedia group inc | 9.10 | 375,000 | 51,656,200 | added | 368 | ||
| GRAB | grab holdings limited | 1.27 | 2,300,000 | 7,222,000 | new | |||
| GTLB | gitlab inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||