Latest Ardmore Road Asset Management LP Stock Portfolio
Ardmore Road Asset Management LP Performance:
2024 Q3: 5.75%YTD: 32.21%2023: 52.51%
Performance for 2024 Q3 is 5.75%, and YTD is 32.21%, 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 $775.7 Millions as of 30 Sep, 2024.
The top stock holdings of Ardmore Road Asset Management LP are QQQ, META, AVGO. The fund has invested 6.3% of it's portfolio in INVESCO QQQ TR and 5.9% of portfolio in META PLATFORMS INC.
The fund managers got completely rid off NVIDIA CORPORATION (NVDA), APPLE INC (AAPL) and AMAZON COM INC (AMZN) stocks. They significantly reduced their stock positions in ALIBABA GROUP HLDG LTD (BABA), APPLOVIN CORP (APP) and NETFLIX INC (NFLX). Ardmore Road Asset Management LP opened new stock positions in INVESCO QQQ TR (QQQ), META PLATFORMS INC (META) and BROADCOM INC (AVGO). The fund showed a lot of confidence in some stocks as they added substantially to MAPLEBEAR INC, DRAFTKINGS INC NEW (DKNG) and EXPEDIA GROUP INC (EXPE).
The top stock holdings of Ardmore Road Asset Management LP are QQQ, META, AVGO. The fund has invested 6.3% of it's portfolio in INVESCO QQQ TR and 5.9% of portfolio in META PLATFORMS INC.
The fund managers got completely rid off NVIDIA CORPORATION (NVDA), APPLE INC (AAPL) and AMAZON COM INC (AMZN) stocks. They significantly reduced their stock positions in ALIBABA GROUP HLDG LTD (BABA), APPLOVIN CORP (APP) and NETFLIX INC (NFLX). Ardmore Road Asset Management LP opened new stock positions in INVESCO QQQ TR (QQQ), META PLATFORMS INC (META) and BROADCOM INC (AVGO). The fund showed a lot of confidence in some stocks as they added substantially to MAPLEBEAR INC, DRAFTKINGS INC NEW (DKNG) and EXPEDIA GROUP INC (EXPE).
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 5.75% in the last quarter. In trailing 12 months, it's portfolio return was 45.92%.
New Buys
| Ticker | $ Bought |
|---|---|
| invesco qqq tr | 48,807,000 |
| meta platforms inc | 45,795,200 |
| broadcom inc | 43,125,000 |
| advanced micro devices inc | 36,918,000 |
| booking holdings inc | 25,272,700 |
| ishares tr | 22,089,000 |
| marvell technology inc | 18,030,000 |
| datadog inc | 17,259,000 |
New stocks bought by Ardmore Road Asset Management LP
Additions
| Ticker | % Inc. |
|---|---|
| maplebear inc | 2,900 |
| spotify technology s a | 120 |
| draftkings inc new | 99.00 |
| expedia group inc | 75.35 |
| paypal hldgs inc | 67.05 |
| roku inc | 24.29 |
| trip com group ltd | 8.33 |
| microsoft corp | 5.96 |
Additions to existing portfolio by Ardmore Road Asset Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| alibaba group hldg ltd | -77.61 |
| applovin corp | -75.00 |
| netflix inc | -74.08 |
| flutter entmt plc | -67.49 |
| grab holdings limited | -66.67 |
| block inc | -42.86 |
| warner music group corp | -33.33 |
| at&t inc | -30.77 |
Ardmore Road Asset Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| lyft inc | -14,100,000 |
| snap inc | -16,610,000 |
| comcast corp new | -13,745,200 |
| nvidia corporation | -43,239,000 |
| pinterest inc | -10,418,100 |
| bilibili inc | -3,505,390 |
| verizon communications inc | -8,289,240 |
| apple inc | -35,805,400 |
Ardmore Road Asset Management LP got rid off the above stocks
Sector Distribution
Ardmore Road Asset Management LP has about 35.1% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 35.1 |
| Technology | 34.1 |
| Communication Services | 16.4 |
| Consumer Cyclical | 8.6 |
| Financial Services | 5.9 |
Market Cap. Distribution
Ardmore Road Asset Management LP has about 58.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 36 |
| UNALLOCATED | 35.1 |
| MEGA-CAP | 22.6 |
| MID-CAP | 6.3 |
Stocks belong to which Index?
About 42.1% of the stocks held by Ardmore Road Asset Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 57.9 |
| S&P 500 | 42.1 |
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 41 stocks in it's portfolio. About 47.9% of the portfolio is in top 10 stocks. ESTC proved to be the most loss making stock for the portfolio. PYPL was the most profitable stock for Ardmore Road Asset Management LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADBE | adobe inc | 1.33 | 20,000 | 10,355,600 | unchanged | 0.00 | ||
| AFK | vaneck etf trust | 1.63 | 51,475 | 12,634,500 | new | |||
| AFRM | affirm hldgs inc | 1.05 | 200,000 | 8,164,000 | new | |||
| AMD | advanced micro devices inc | 4.76 | 225,000 | 36,918,000 | new | |||
| AMZN | amazon com inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| APP | applovin corp | 0.84 | 50,000 | 6,527,500 | reduced | -75.00 | ||
| AVGO | broadcom inc | 5.56 | 250,000 | 43,125,000 | new | |||
| BABA | alibaba group hldg ltd | 1.23 | 90,000 | 9,550,800 | reduced | -77.61 | ||
| BKNG | booking holdings inc | 3.26 | 6,000 | 25,272,700 | new | |||
| BNDD | kraneshares trust | 1.10 | 251,000 | 8,539,020 | new | |||
| CMCSA | comcast corp new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| COIN | coinbase global inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CRM | salesforce inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CSCO | cisco sys inc | 2.06 | 300,000 | 15,966,000 | new | |||
| CVNA | carvana co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DASH | doordash inc | 3.70 | 201,000 | 28,688,700 | added | 0.25 | ||
| DDOG | datadog inc | 2.22 | 150,000 | 17,259,000 | new | |||
| DKNG | draftkings inc new | 2.02 | 400,000 | 15,680,000 | added | 99.00 | ||
| DOCU | docusign inc | 0.80 | 100,000 | 6,209,000 | new | |||