diff --git a/gitops/components/kubevirt/kustomize/kustomization.yaml b/gitops/components/kubevirt/kustomize/kustomization.yaml
index 557b8bf..ce8334e 100644
--- a/gitops/components/kubevirt/kustomize/kustomization.yaml
+++ b/gitops/components/kubevirt/kustomize/kustomization.yaml
@@ -4,7 +4,7 @@ kind: Kustomization
 resources:
   - ./operators
   - ./resources.yaml
-  - https://github.com/kubevirt/common-instancetypes//VirtualMachineClusterPreferences?ref=v0.4.0
+  - https://github.com/kubevirt/common-instancetypes//VirtualMachineClusterPreferences?ref=v1.2.1
   - ./vm-preferences-v1
 
 images:
diff --git a/gitops/components/kubevirt/kustomize/vm-preferences-v1/kustomization.yaml b/gitops/components/kubevirt/kustomize/vm-preferences-v1/kustomization.yaml
index 936c74c..52a88af 100644
--- a/gitops/components/kubevirt/kustomize/vm-preferences-v1/kustomization.yaml
+++ b/gitops/components/kubevirt/kustomize/vm-preferences-v1/kustomization.yaml
@@ -4,4 +4,4 @@ kind: Kustomization
 nameSuffix: -v1
 
 resources:
-  - https://github.com/kubevirt/common-instancetypes//VirtualMachineClusterPreferences?ref=v1.2.0
+  - https://github.com/kubevirt/common-instancetypes//VirtualMachineClusterPreferences?ref=v1.2.1