AlpInvest Partners B.V.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), AlpInvest Partners B.V. reported 10 stock positions worth $68.2 million. Its top holding was PDD (PDD) at 28.0% of the portfolio, followed by N-Able (NABL, 24.8%) and Robinhood Markets Class A (HOOD, 16.6%). Compared with Q4 2024, it opened 2 new positions, sold out of 2, added to 1 and reduced 4. The biggest buy was a new position in Warby Parker Class A (WRBY) and the biggest sale Robinhood Markets Class A (HOOD, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- AMSTERDAM, P7
- CIK
- 0001512910
- Portfolio Value
- $68.2M (Q1 2025)
- SEC Filing
- 0000898432-25-000333 ↗ filed May 9, 2025
Holdings Value
Holdings 10 stocks · $68.2M
| PDD PDD Holdings Inc. | 27.98% | 161,189 | $19.1M | Reduce -26.1% |
| NABL N-Able Inc. | 24.81% | 2,386,000 | $16.9M | No change |
| HOOD Robinhood Markets Inc. Class A | 16.58% | 271,525 | $11.3M | Reduce -53.5% |
| CART Maplebear Inc. | 13.99% | 239,072 | $9.5M | Reduce -33.3% |
| DNUT Krispy Kreme Inc. | 4.56% | 631,987 | $3.1M | No change |
| FWRD Forward Air Corp. | 3.78% | 103,330 | $2.6M | No change |
| RBLX Roblox Corp. Class A | 3.51% | 41,100 | $2.4M | Add +25.0% |
| WRBY Warby Parker Inc. Class A | 2.70% | 100,791 | $1.8M | New |
| BZ Kanzhun Ltd. - ADR | 1.49% | 52,823 | $1.0M | New |
| FRSH Freshworks Inc. Class A | 0.60% | 28,985 | $409K | Reduce -60.0% |
Portfolio Sells Q4 2024 → Q1 2025
| HOOD Robinhood Markets Inc. Class A | Reduce -53.5% | 16.58% | −6.10 |
| CART Maplebear Inc. | Reduce -33.3% | 13.99% | −1.51 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −1.37 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −1.26 |
| FRSH Freshworks Inc. Class A | Reduce -60.0% | 0.60% | −0.62 |
| PDD PDD Holdings Inc. | Reduce -26.1% | 27.98% | +5.92 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $59.9M | HOOD, NABL, CHYM, ETOR, CRWD |
| Q1 2026 | 13 | $49.7M | NABL, HOOD, CHYM, CRWD, CRCL |
| Q4 2025 | 12 | $64.2M | NABL, HOOD, CHYM, CRWD, CRCL |
| Q3 2025 | 7 | $39.8M | NABL, CRWD, HOOD, FWRD, DNUT |
| Q2 2025 | 7 | $51.4M | NABL, HOOD, CRWD, FWRD, DNUT |
| Q1 2025 | 10 | $68.2M | PDD, NABL, HOOD, CART, DNUT |
| Q4 2024 | 10 | $95.9M | NABL, HOOD, PDD, CART, DNUT |
| Q3 2024 | 14 | $169.0M | NABL, SWI, CART, PDD, AVGO |
| Q2 2024 | 16 | $278.8M | PDD, AVGO, NABL, NU, SWI |
| Q1 2024 | 16 | $256.1M | AVGO, NU, NABL, SWI, MDGL |