Incision Capital Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Incision Capital Management LP disclosed 5 US equity positions worth $110.2m in its Q4 2025 13F filing. The largest position was CROX at 25.2% of the reported book, followed by EQX and TECK.
What did Incision Capital Management LP own in Q4 2025? Top 5 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs prior |
|---|---|---|---|---|---|---|---|
| 1 | CROX CROCS INC | Consumer Cyclical | 25.2% | $27.8m | 325,000 | – | |
| 2 | EQX EQUINOX GOLD CORP | Basic Materials | 21.0% | $23.2m | 1,650,000 | – | |
| 3 | TECK TECK RESOURCES LTD | Basic Materials | 20.6% | $22.7m | 475,000 | – | |
| 4 | CVE CENOVUS ENERGY INC | Energy | 16.9% | $18.6m | 1,100,000 | – | |
| 5 | SE SEA LTD | Consumer Cyclical | 16.2% | $17.9m | 140,000 | – |
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.