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Incentive AS 13F holdings, Q1 2025

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

Incentive AS disclosed 2 US equity positions worth $163.0m in its Q1 2025 13F filing. The largest position was SW at 63.9% of the reported book. Against the Q4 2024 filing, it opened 0 new positions, added to 1 and reduced 1 among the top 2 holdings.

← Q4 2024 · Q2 2025 →

What did Incentive AS own in Q1 2025? Top 2 positions

#StockSectorWeightValueSharesΔ sharesvs Q4 2024
1 SW Smurfit WestRock PLC Consumer Cyclical 63.9%$104.2m2,312,540 1% added
2 NOBLE CORP PLC 36.1%$58.8m2,480,259 -1% 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.