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Incentive AS 13F holdings, Q4 2025

Holdings as of December 31, 2025 · filings on SEC EDGAR · this is the latest filing on record

Incentive AS disclosed 1 US equity positions worth $71.3m in its Q4 2025 13F filing. The largest position was SW at 100.0% of the reported book. Against the Q3 2025 filing, it opened 0 new positions, added to 0 and reduced 1 among the top 1 holdings.

← Q3 2025

What did Incentive AS own in Q4 2025? Top 1 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2025
1 SW SMURFIT WESTROCK PLC Consumer Cyclical 100.0%$71.3m1,843,624 -9% 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.