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Untitled Investments LP 13F holdings, Q1 2025

Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →

Untitled Investments LP disclosed 15 US equity positions worth $353.2m in its Q1 2025 13F filing. The largest position was TRU at 17.0% of the reported book, followed by KSPI and MSFT. Against the Q4 2024 filing, it opened 3 new positions, added to 6 and reduced 5 among the top 15 holdings.

← Q4 2024 · Q2 2025 →

What did Untitled Investments LP own in Q1 2025? Top 15 positions

#StockSectorWeightValueSharesΔ sharesvs Q4 2024
1 TRU TRANSUNION Financial Services 17.0%$60.1m724,390 1% added
2 KSPI KASPI KZ JSC 11.2%$39.6m426,400 -2% reduced
3 MSFT MICROSOFT CORP Technology 10.5%$37.1m98,811 30% added
4 MELI MERCADOLIBRE INC Consumer Cyclical 9.7%$34.1m17,481 0% held
5 CPNG COUPANG INC Consumer Cyclical 9.0%$31.8m1,448,682 -17% reduced
6 CBRE CBRE GROUP INC Real Estate 8.7%$30.9m236,230 131% added
7 WDAY WORKDAY INC Technology 7.5%$26.6m113,763 7% added
8 FND FLOOR & DECOR HLDGS INC Consumer Cyclical 5.7%$20.0m248,755 2% added
9 GOOGL ALPHABET INC Communication Services 5.6%$19.7m127,128 -12% reduced
10 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 4.1%$14.6m88,190 – new
11 NCNO NCINO INC Technology 2.8%$9.8m356,127 29% added
12 PTC PTC INC Technology 2.7%$9.6m62,265 – new
13 META META PLATFORMS INC Communication Services 2.6%$9.3m16,114 -54% reduced
14 FERG FERGUSON ENTERPRISES INC Industrials 1.7%$6.0m37,155 – new
15 GE GE AEROSPACE Industrials 1.1%$4.0m20,125 -85% reduced

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.