Ardmore Road Asset Management L.P. 13F annual report
Ardmore Road Asset Management L.P. is an investment fund managing more than $649 billion ran by Michael Fazzari. There are currently 42 companies in Mr. Fazzari’s portfolio. The largest investments include NVIDIA Corp and Flutter Entmt Plc, together worth $79.7 billion.
$649 billion Assets Under Management (AUM)
As of 7th August 2024, Ardmore Road Asset Management L.P.’s top holding is 350,000 shares of NVIDIA Corp currently worth over $43.2 billion and making up 6.7% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Ardmore Road Asset Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 199,962 shares of Flutter Entmt Plc worth $36.5 billion.
The third-largest holding is Apple Inc worth $35.8 billion and the next is Microsoft worth $33.7 billion, with 75,500 shares owned.
Currently, Ardmore Road Asset Management L.P.'s portfolio is worth at least $649 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Ardmore Road Asset Management L.P.
The Ardmore Road Asset Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Fazzari serves as the Chief Compliance Officer and Chief Financial Officer at Ardmore Road Asset Management L.P..
Recent trades
In the most recent 13F filing, Ardmore Road Asset Management L.P. revealed that it had opened a new position in
Flutter Entmt Plc and bought 199,962 shares worth $36.5 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
310,000 additional shares.
This makes their stake in NVIDIA Corp total 350,000 shares worth $43.2 billion.
NVIDIA Corp dropped 73.5% in the past year.
On the other hand, there are companies that Ardmore Road Asset Management L.P. is getting rid of from its portfolio.
Ardmore Road Asset Management L.P. closed its position in Meta Platforms Inc on 14th August 2024.
It sold the previously owned 60,000 shares for $29.1 billion.
Michael Fazzari also disclosed a decreased stake in Amazon.com by 0.4%.
This leaves the value of the investment at $29 billion and 150,000 shares.
One of the average hedge funds
The two most similar investment funds to Ardmore Road Asset Management L.P. are Redhawk Wealth Advisors and Estabrook Capital Management. They manage $649 billion and $649 billion respectively.
Michael Fazzari investment strategy
Ardmore Road Asset Management L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 32.0% of
the total portfolio value.
The fund focuses on investments in the United States as
54.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
57% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $229 billion.
The complete list of Ardmore Road Asset Management L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
775.00%
350,000
|
$43,239,000,000 | 6.66% |
| Flutter Entmt Plc |
Opened
199,962
|
$36,465,070,000 | 5.62% |
| Apple Inc |
Opened
170,000
|
$35,805,400,000 | 5.52% |
| Microsoft Corporation |
25.83%
75,500
|
$33,744,725,000 | 5.20% |
| Meta Platforms Inc |
Closed
60,000
|
$29,134,800,000 | |
| Amazon.com Inc. |
40.00%
150,000
|
$28,987,500,000 | 4.47% |
| Alibaba Group Hldg Ltd |
19.60%
402,000
|
$28,944,000,000 | 4.46% |
| PDD Holdings Inc |
34.00%
201,000
|
$26,722,950,000 | 4.12% |
| Taiwan Semiconductor Mfg Ltd |
50.00%
150,000
|
$26,071,500,000 | 4.02% |
| Att Inc |
18.75%
1,300,000
|
$24,843,000,000 | 3.83% |
| Block Inc |
483.33%
350,000
|
$22,571,500,000 | 3.48% |
| DoorDash Inc |
Opened
200,500
|
$21,810,390,000 | 3.36% |
| JD.com Inc |
8,000.00%
810,000
|
$20,930,400,000 | 3.22% |
| Roblox Corporation |
Closed
500,000
|
$19,090,000,000 | |
| PayPal Holdings Inc |
400.00%
300,000
|
$17,409,000,000 | 2.68% |
| Netflix Inc. |
58.33%
25,000
|
$16,872,000,000 | 2.60% |
| Applovin Corp |
42.86%
200,000
|
$16,644,000,000 | 2.56% |
| Snap Inc |
23.08%
1,000,000
|
$16,610,000,000 | 2.56% |
| Nxp Semiconductors N V |
Opened
61,000
|
$16,414,490,000 | 2.53% |
| Spotify Technology S.A. |
25.00%
50,000
|
$15,689,500,000 | 2.42% |
| Datadog Inc |
Closed
120,000
|
$14,832,000,000 | |
| Trip.com Group Ltd |
50.00%
300,000
|
$14,100,000,000 | 2.17% |
| Lyft Inc |
Opened
1,000,000
|
$14,100,000,000 | 2.17% |
| Warner Music Group Corp. |
28.57%
450,000
|
$13,792,500,000 | 2.12% |
| Comcast Corp New |
Opened
351,000
|
$13,745,160,000 | 2.12% |
| Salesforce Inc |
Opened
50,000
|
$12,855,000,000 | 1.98% |
| Expedia Group Inc |
73.39%
99,800
|
$12,573,802,000 | 1.94% |
| DocuSign Inc |
Closed
210,000
|
$12,505,500,000 | |
| Roku Inc |
822.67%
201,142
|
$12,054,440,000 | 1.86% |
| Micron Technology Inc. |
Closed
100,000
|
$11,789,000,000 | |
| Adobe Inc |
Opened
20,000
|
$11,110,800,000 | 1.71% |
| Grab Holdings Limited |
30.43%
3,000,000
|
$10,650,000,000 | 1.64% |
| Asml Holding N V |
13.38%
10,394
|
$10,630,256,000 | 1.64% |
| Pinterest Inc |
40.90%
236,400
|
$10,418,148,000 | 1.61% |
| Qualcomm, Inc. |
Opened
51,900
|
$10,337,442,000 | 1.59% |
| Trade Desk Inc |
Closed
110,000
|
$9,616,200,000 | |
| Chewy Inc |
Closed
600,000
|
$9,546,000,000 | |
| Verizon Communications Inc |
Opened
201,000
|
$8,289,240,000 | 1.28% |
| DraftKings Inc. |
Opened
201,000
|
$7,672,170,000 | 1.18% |
| Dell Technologies Inc |
Closed
60,000
|
$6,846,600,000 | |
| Lam Research Corp. |
Opened
6,295
|
$6,703,231,000 | 1.03% |
| Shopify Inc |
49.50%
101,000
|
$6,671,050,000 | 1.03% |
| Super Micro Computer Inc |
Closed
6,252
|
$6,314,708,000 | |
| New York Times Co. |
Opened
122,467
|
$6,271,535,000 | 0.97% |
| Paramount Global |
Closed
500,000
|
$5,885,000,000 | |
| Carvana Co. |
310.91%
45,200
|
$5,818,144,000 | 0.90% |
| Sea Ltd |
5,000.00%
51,000
|
$3,642,420,000 | 0.56% |
| Bilibili Inc |
Opened
227,033
|
$3,505,390,000 | 0.54% |
| Warner Bros.Discovery Inc |
Closed
350,000
|
$3,055,500,000 | |
| Coinbase Global Inc |
Opened
10,000
|
$2,222,300,000 | 0.34% |
| Vizio Hldg Corp |
9.49%
150,000
|
$1,620,000,000 | 0.25% |
| Maplebear Inc |
Opened
10,000
|
$321,400,000 | 0.05% |
| Alphabet Inc |
Opened
1,025
|
$186,704,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||
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