# Ardmore Road Asset Management LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1835730. Source: https://holderbook.com/funds/1835730-ardmore-road-asset-management-lp/

- Reported value: $1.7B
- Positions: 70
- Weight of the ten largest: 32.5%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $72.6M | 125,000 | 4.3% | 6 |
| GUIDEWIRE SOFTWARE INC | [GWRE](https://holderbook.com/stocks/GWRE/) | $67.7M | 550,000 | 4.0% | 1 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $64.6M | 385,000 | 3.8% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $63.5M | 1,499,260 | 3.7% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $53.9M | 112,800 | 3.2% | 4 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $50.5M | 700,000 | 3.0% | 6 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $46.4M | 1,740,482 | 2.7% | 3 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $46.2M | 282,464 | 2.7% | 1 |
| NUTANIX INC | [NTNX](https://holderbook.com/stocks/NTNX/) | $44.1M | 865,400 | 2.6% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $43.8M | 117,300 | 2.6% | 5 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $42.0M | 97,000 | 2.5% | 2 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $41.0M | 297,000 | 2.4% | 10 |
| ATLASSIAN CORPORATION | [TEAM](https://holderbook.com/stocks/TEAM/) | $40.9M | 525,953 | 2.4% | 4 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $40.1M | 395,000 | 2.4% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $39.4M | 165,200 | 2.3% | 3 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $39.0M | 211,200 | 2.3% | 1 |
| PROCORE TECHNOLOGIES INC | [PCOR](https://holderbook.com/stocks/PCOR/) | $38.8M | 954,517 | 2.3% | 3 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $38.3M | 113,960 | 2.2% | 1 |
| OMNICOM GROUP INC | [OMC](https://holderbook.com/stocks/OMC/) | $38.2M | 524,794 | 2.2% | 3 |
| LIBERTY MEDIA CORP DEL | [FWONK](https://holderbook.com/stocks/FWONK/) | $38.1M | 400,000 | 2.2% | 2 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $37.7M | 144,600 | 2.2% | 4 |
| WARNER MUSIC GROUP CORP | [WMG](https://holderbook.com/stocks/WMG/) | $35.9M | 1,325,000 | 2.1% | 3 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $32.1M | 70,000 | 1.9% | 4 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $32.0M | 16,100 | 1.9% | 1 |
| LIVE NATION ENTERTAINMENT IN | [LYV](https://holderbook.com/stocks/LYV/) | $31.2M | 170,634 | 1.8% | 2 |
| MONDAY COM LTD | [MNDY](https://holderbook.com/stocks/MNDY/) | $30.8M | 426,137 | 1.8% | 3 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $29.6M | 75,000 | 1.7% | 3 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $26.1M | 60,400 | 1.5% | 1 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $25.6M | 209,450 | 1.5% | 2 |
| ROBLOX CORP | [RBLX](https://holderbook.com/stocks/RBLX/) | $24.5M | 450,000 | 1.4% | 2 |
| LIBERTY LIVE HOLDINGS INC | [LLYVK](https://holderbook.com/stocks/LLYVK/) | $24.5M | 231,500 | 1.4% | 2 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $23.4M | 22,434 | 1.4% | 5 |
| GRAB HOLDINGS LIMITED | [GRAB](https://holderbook.com/stocks/GRAB/) | $22.6M | 6,000,000 | 1.3% | 3 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $22.1M | 120,000 | 1.3% | 2 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $20.5M | 80,000 | 1.2% | 2 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $20.1M | 200,000 | 1.2% | 1 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $20.0M | 600,000 | 1.2% | 8 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $19.6M | 110,000 | 1.2% | 8 |
| MAPLEBEAR INC | [CART](https://holderbook.com/stocks/CART/) | $18.9M | 400,000 | 1.1% | 4 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $18.6M | 162,500 | 1.1% | 1 |
| GDS HLDGS LTD | [GDS](https://holderbook.com/stocks/GDS/) | $18.0M | 600,000 | 1.1% | 2 |
| SEMTECH CORP | [SMTC](https://holderbook.com/stocks/SMTC/) | $17.8M | 110,000 | 1.0% | 1 |
| COREWEAVE INC | [CRWV](https://holderbook.com/stocks/CRWV/) | $17.3M | 173,493 | 1.0% | 4 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $17.3M | 200,000 | 1.0% | 1 |
| COUPANG INC | [CPNG](https://holderbook.com/stocks/CPNG/) | $16.2M | 932,100 | 1.0% | 1 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $15.5M | 30,000 | 0.9% | 1 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $14.7M | 57,600 | 0.9% | 3 |
| UNITY SOFTWARE INC | [U](https://holderbook.com/stocks/U/) | $14.3M | 500,000 | 0.8% | 1 |
| HUBSPOT INC | [HUBS](https://holderbook.com/stocks/HUBS/) | $14.0M | 76,900 | 0.8% | 3 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $13.0M | 113,957 | 0.8% | 1 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $13.0M | 23,214 | 0.8% | 1 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $11.0M | 390,146 | 0.6% | 2 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $10.3M | 14,300 | 0.6% | 2 |
| AMKOR TECHNOLOGY INC | [AMKR](https://holderbook.com/stocks/AMKR/) | $8.6M | 100,000 | 0.5% | 1 |
| CHARTER COMMUNICATIONS INC | [CHTR](https://holderbook.com/stocks/CHTR/) | $8.4M | 59,000 | 0.5% | 1 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $6.6M | 43,000 | 0.4% | 4 |
| CHEWY INC | [CHWY](https://holderbook.com/stocks/CHWY/) | $5.9M | 300,000 | 0.3% | 1 |
| STMICROELECTRONICS N V | [STM](https://holderbook.com/stocks/STM/) | $4.5M | 60,000 | 0.3% | 1 |
| AFFIRM HLDGS INC | [AFRM](https://holderbook.com/stocks/AFRM/) | $1.6M | 19,100 | 0.1% | 8 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.0M | 900 | 0.1% | 1 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $1.0M | 1,200 | 0.1% | 4 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.0M | 3,400 | 0.1% | 3 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $1.0M | 5,700 | 0.1% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.0M | 5,000 | 0.1% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $998.4K | 8,500 | 0.1% | 1 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $995.6K | 3,300 | 0.1% | 1 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $992.8K | 2,800 | 0.1% | 1 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $982.6K | 33,500 | 0.1% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $982.1K | 2,600 | 0.1% | 3 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $436.6K | 192 | 0.0% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +28.0% | +14.8% | +13.2% | 100% |
| Q1 2026 | -8.0% | -4.6% | -3.4% | 100% |
| Q4 2025 | -3.4% | +2.4% | -5.8% | 100% |
| Q3 2025 | +10.1% | +7.8% | +2.2% | 100% |
| Q2 2025 | +24.0% | +10.5% | +13.5% | 100% |
| Q1 2025 | -7.5% | -4.6% | -2.9% | 100% |
| Q4 2024 | +9.4% | +2.1% | +7.2% | 100% |
| Q3 2024 | +10.7% | +5.4% | +5.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.7B | 70 |
| Q1 2026 | $1.5B | 64 |
| Q4 2025 | $1.3B | 74 |
| Q3 2025 | $1.5B | 71 |
| Q2 2025 | $1.2B | 39 |
| Q1 2025 | $975.2M | 38 |
| Q4 2024 | $685.8M | 36 |
| Q3 2024 | $775.7M | 41 |
| Q2 2024 | $658.0M | 43 |
| Q1 2024 | $567.7M | 36 |
| Q4 2023 | $439.9M | 31 |
| Q3 2023 | $296.0M | 31 |