Immersion Capital LLP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Immersion Capital LLP reported 9 stock positions worth $178.6 million. Its top holding was Alphabet Class A (GOOGL) at 21.9% of the portfolio, followed by Ryanair Holdings PLC-SP ADR (RYAAY, 20.2%) and BlackRock Finance (BLK, 17.6%). Compared with Q1 2024, it opened 1 new position, sold out of 1 and reduced 6. The biggest buy was a new position in Visa Class A (V) and the biggest sale an exit from Carmax (KMX).
- Most Recent 13F
- Q1 2026
- Location
- LONDON, X0
- CIK
- 0001636441
- Portfolio Value
- $178.6M (Q2 2024)
- SEC Filing
- 0001636441-24-000005 ↗ filed Aug 14, 2024
Holdings Value
Holdings 9 stocks · $178.6M
| GOOGL Alphabet Inc. Class A | 21.92% | 215,010 | $39.2M | Reduce -27.6% |
| RYAAY Ryanair Holdings PLC-SP ADR | 20.18% | 309,601 | $36.0M | Reduce -26.9% |
| BLK BlackRock Finance Inc. | 17.62% | 39,981 | $31.5M | Reduce -27.6% |
| CRM Salesforce Inc. | 12.19% | 84,664 | $21.8M | Reduce -26.9% |
| V Visa Inc. Class A | 7.48% | 50,900 | $13.4M | New |
| CNI Canadian Natl Railway Co. | 7.14% | 108,034 | $12.8M | No change |
| MSFT Microsoft Corp. | 5.04% | 20,130 | $9.0M | Reduce -26.6% |
| BP BP PLC-Spons ADR | 4.53% | 224,076 | $8.1M | Reduce -26.9% |
| CNQ Canadian Natural Resources | 3.90% | 195,774 | $7.0M | No change |
Portfolio Sells Q1 2024 → Q2 2024
| KMX Carmax Inc. | Sold out | 0.00% | −8.03 |
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -26.9% | 20.18% | −4.24 |
| CRM Salesforce Inc. | Reduce -26.9% | 12.19% | −1.63 |
| BLK BlackRock Finance Inc. | Reduce -27.6% | 17.62% | −0.61 |
| BP BP PLC-Spons ADR | Reduce -26.9% | 4.53% | −0.05 |
| MSFT Microsoft Corp. | Reduce -26.6% | 5.04% | +0.47 |
| GOOGL Alphabet Inc. Class A | Reduce -27.6% | 21.92% | +4.16 |
Portfolio Buys Q1 2024 → Q2 2024
| V Visa Inc. Class A | New | 7.48% | +7.48 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 10 | $62.8M | BLK, V, HEI.A, RYAAY, ELV |
| Q4 2025 | 10 | $69.1M | BLK, V, HEI.A, RYAAY, ELV |
| Q3 2025 | 11 | $97.2M | BLK, V, HEI.A, RYAAY, HDB |
| Q2 2025 | 10 | $99.4M | RYAAY, BLK, V, HEI.A, HDB |
| Q1 2025 | 10 | $145.8M | BLK, RYAAY, V, HDB, GOOGL |
| Q4 2024 | 7 | $119.5M | BLK, RYAAY, GOOGL, V, CNI |
| Q3 2024 | 9 | $183.4M | RYAAY, BLK, GOOGL, V, CRM |
| Q2 2024 | 9 | $178.6M | GOOGL, RYAAY, BLK, CRM, V |
| Q1 2024 | 9 | $252.4M | RYAAY, BLK, GOOGL, CRM, KMX |