Latest Ardmore Road Asset Management LP Stock Portfolio
$657Million– No. of Holdings #42
Ardmore Road Asset Management LP Performance:
2024 Q2: 4.41%YTD: 25.02%2023: 52.51%
Performance for 2024 Q2 is 4.41%, and YTD is 25.02%, and 2023 is 52.51%.
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 $658 Millions as of 30 Jun, 2024.
The top stock holdings of Ardmore Road Asset Management LP are NVDA, , AAPL. The fund has invested 6.6% of it's portfolio in NVIDIA CORPORATION and 5.5% of portfolio in FLUTTER ENTMT PLC.
The fund managers got completely rid off META PLATFORMS INC (META), ROBLOX CORP (RBLX) and DATADOG INC (DDOG) stocks. They significantly reduced their stock positions in EXPEDIA GROUP INC (EXPE), NETFLIX INC (NFLX) and TRIP COM GROUP LTD (TCOM). Ardmore Road Asset Management LP opened new stock positions in FLUTTER ENTMT PLC, APPLE INC (AAPL) and DOORDASH INC (DASH). The fund showed a lot of confidence in some stocks as they added substantially to JD.COM INC (JD), SEA LTD (SE) and ROKU INC (ROKU).
The top stock holdings of Ardmore Road Asset Management LP are NVDA, , AAPL. The fund has invested 6.6% of it's portfolio in NVIDIA CORPORATION and 5.5% of portfolio in FLUTTER ENTMT PLC.
The fund managers got completely rid off META PLATFORMS INC (META), ROBLOX CORP (RBLX) and DATADOG INC (DDOG) stocks. They significantly reduced their stock positions in EXPEDIA GROUP INC (EXPE), NETFLIX INC (NFLX) and TRIP COM GROUP LTD (TCOM). Ardmore Road Asset Management LP opened new stock positions in FLUTTER ENTMT PLC, APPLE INC (AAPL) and DOORDASH INC (DASH). The fund showed a lot of confidence in some stocks as they added substantially to JD.COM INC (JD), SEA LTD (SE) and ROKU INC (ROKU).
Ardmore Road Asset Management LP Equity Portfolio Value
Last Reported on: 14 Aug, 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 4.41% in the last quarter. In trailing 12 months, it's portfolio return was 55.96%.
New Buys
| Ticker | $ Bought |
|---|---|
| flutter entmt plc | 36,465,100 |
| apple inc | 35,805,400 |
| doordash inc | 21,810,400 |
| nxp semiconductors n v | 16,414,500 |
| lyft inc | 14,100,000 |
| comcast corp new | 13,745,200 |
| salesforce inc | 12,855,000 |
| adobe inc | 11,110,800 |
New stocks bought by Ardmore Road Asset Management LP
Additions
| Ticker | % Inc. |
|---|---|
| jd.com inc | 8,000 |
| sea ltd | 5,000 |
| roku inc | 822 |
| block inc | 483 |
| paypal hldgs inc | 400 |
| carvana co | 310 |
| taiwan semiconductor mfg ltd | 50.00 |
| pdd holdings inc | 34.00 |
Additions to existing portfolio by Ardmore Road Asset Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| expedia group inc | -73.39 |
| netflix inc | -58.33 |
| trip com group ltd | -50.00 |
| shopify inc | -49.5 |
| applovin corp | -42.86 |
| pinterest inc | -40.9 |
| amazon com inc | -40.00 |
| snap inc | -23.08 |
Ardmore Road Asset Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| chewy inc | -9,546,000 |
| paramount global | -5,885,000 |
| roblox corp | -19,090,000 |
| warner bros discovery inc | -3,055,500 |
| docusign inc | -12,505,500 |
| datadog inc | -14,832,000 |
| the trade desk inc | -9,616,200 |
| micron technology inc | -11,789,000 |
Ardmore Road Asset Management LP got rid off the above stocks
Sector Distribution
Ardmore Road Asset Management LP has about 34.7% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 34.7 |
| Others | 33.6 |
| Communication Services | 20.2 |
| Consumer Cyclical | 8.5 |
| Financial Services | 3 |
Market Cap. Distribution
Ardmore Road Asset Management LP has about 61.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 33.6 |
| LARGE-CAP | 33 |
| MEGA-CAP | 28.2 |
| MID-CAP | 5.2 |
Stocks belong to which Index?
About 46.3% of the stocks held by Ardmore Road Asset Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 53.7 |
| S&P 500 | 45.2 |
| RUSSELL 2000 | 1.1 |
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 42 stocks in it's portfolio. About 46.7% of the portfolio is in top 10 stocks. EXPE proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Ardmore Road Asset Management LP last quarter.
Last Reported on: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 5.44 | 170,000 | 35,805,400 | new | |||
| ADBE | adobe inc | 1.69 | 20,000 | 11,110,800 | new | |||
| AMZN | amazon com inc | 4.40 | 150,000 | 28,987,500 | reduced | -40.00 | ||
| APP | applovin corp | 2.53 | 200,000 | 16,644,000 | reduced | -42.86 | ||
| BABA | alibaba group hldg ltd | 4.40 | 402,000 | 28,944,000 | reduced | -19.6 | ||
| CHWY | chewy inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CMCSA | comcast corp new | 2.09 | 351,000 | 13,745,200 | new | |||
| COIN | coinbase global inc | 0.34 | 10,000 | 2,222,300 | new | |||
| CRM | salesforce inc | 1.95 | 50,000 | 12,855,000 | new | |||
| CVNA | carvana co | 0.88 | 45,200 | 5,818,140 | added | 310 | ||
| DASH | doordash inc | 3.32 | 200,500 | 21,810,400 | new | |||
| DDOG | datadog inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DELL | dell technologies inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DKNG | draftkings inc new | 1.17 | 201,000 | 7,672,170 | new | |||
| DOCU | docusign inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EXPE | expedia group inc | 1.91 | 99,800 | 12,573,800 | reduced | -73.39 | ||
| GOOG | alphabet inc | 0.03 | 1,025 | 186,704 | new | |||
| JD | jd.com inc | 3.18 | 810,000 | 20,930,400 | added | 8,000 | ||
| LRCX | lam research corp | 1.02 | 6,295 | 6,703,230 | new | |||
| LYFT | lyft inc | 2.14 | 1,000,000 | 14,100,000 | new | |||