Inflection Point Investments LLP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Inflection Point Investments LLP reported 9 stock positions worth $46.0 million. Its top holding was Kornit Digital (KRNT) at 20.2% of the portfolio, followed by Ituran Location and Control (ITRN, 15.4%) and Cargurus (CARG, 14.2%). Compared with Q4 2024, it opened 1 new position, sold out of 1 and reduced 6. The biggest buy was a new position in Integral Ad Science (IAS) and the biggest sale an exit from Doubleverify (DV).

Most Recent 13F
Q4 2025
Location
LONDON, X0
CIK
0002009012
Portfolio Value
$46.0M (Q1 2025)
SEC Filing
0002009012-25-000006 ↗ filed Apr 16, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q1 2024: $96.7M Q1 2024 Q2 2024: $81.0M Q2 2024 Q3 2024: $62.0M Q3 2024 Q4 2024: $73.4M Q4 2024 Q1 2025: $46.0M $46.0M Q1 2025 Q2 2025: $52.8M Q2 2025 Q3 2025: $46.9M Q3 2025 Q4 2025: $0 Q4 2025

Holdings 9 stocks · $46.0M

KRNT Kornit Digital Ltd. 20.23% 487,262 $9.3M No change
ITRN Ituran Location and Control 15.42% 195,997 $7.1M Reduce -38.8%
CARG Cargurus Inc. 14.23% 224,514 $6.5M Reduce -16.5%
RDCM Radcom Ltd. 11.84% 475,954 $5.4M Reduce -13.2%
PINS Pinterest Inc. Class A 10.70% 158,678 $4.9M Reduce -45.6%
ACVA Acv Auctions Inc. Class A 9.34% 304,650 $4.3M Reduce -28.0%
UDMY Udemy Inc. 9.14% 541,567 $4.2M Reduce -35.4%
COUR Coursera Inc. 6.35% 438,362 $2.9M No change
IAS Integral Ad Science Holding 2.75% 156,899 $1.3M New

Portfolio Sells Q4 2024 → Q1 2025

DV Doubleverify Holdings Inc. Sold out 0.00% −4.79
ACVA Acv Auctions Inc. Class A Reduce -28.0% 9.34% −3.11
PINS Pinterest Inc. Class A Reduce -45.6% 10.70% −0.82
UDMY Udemy Inc. Reduce -35.4% 9.14% −0.25
CARG Cargurus Inc. Reduce -16.5% 14.23% +0.84
ITRN Ituran Location and Control Reduce -38.8% 15.42% +1.82
RDCM Radcom Ltd. Reduce -13.2% 11.84% +2.60

Portfolio Buys Q4 2024 → Q1 2025

IAS Integral Ad Science Holding New 2.75% +2.75

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 0$0
Q3 2025 9$46.9MXMTR, ITRN, CARG, KRNT, COUR
Q2 2025 10$52.8MITRN, KRNT, ACVA, RDCM, XMTR
Q1 2025 9$46.0MKRNT, ITRN, CARG, RDCM, PINS
Q4 2024 9$73.4MKRNT, ITRN, CARG, ACVA, PINS
Q3 2024 8$62.0MKRNT, CARG, ITRN, PINS, ACVA
Q2 2024 11$81.0MITRN, CARG, PINS, UDMY, KRNT
Q1 2024 9$96.7MITRN, CARG, UDMY, KRNT, PINS