WhaleCreep

Inclusive Capital Partners, L.P. 13F holdings, Q4 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-12-31, filed 2024-02-12

Inclusive Capital Partners, L.P. disclosed 4 US equity positions worth $309.4m in its Q4 2023 13F filing. Its largest position is STRA at 61.7% of the reported book, followed by NGVT and EVAUSD. Versus Q3 2023 it opened 0 new positions, added to 0, reduced 2 and exited 5.

$309m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
4
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
61.7%
Largest position
The largest single position as a share of the reported equity book.
100%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
2
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
16
Quarters on file since Q4 2020
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2023: 0 new, 0 added, 2 reduced, 5 exited

4 rows
STRA STRATEGIC ED INCConsumer Defensive61.7%$191m2.06m0.0%held
NGVT INGEVITY CORPBasic Materials36.7%$113m2.40m0.0%held
EVAUSD ENVIVA INC–0.9%$2.9m2.95m−61%reduced
UFI UNIFI INCConsumer Cyclical0.7%$2.3m345,054−82%reduced

Exited since Q3 2023

5 rows
EXMOC EXXON MOBIL CORP21.2%$215m
ICE INTERCONTINENTAL EXCHANGE IN20.1%$204m
PCH POTLATCHDELTIC CORPORATION12.7%$128m
VRRM VERRA MOBILITY CORP10.3%$104m
BIO BIO RAD LABS INC2.1%$21.5m

Sector mix

  • Consumer Defensive61.7%
  • Basic Materials36.7%
  • Unclassified0.9%
  • Consumer Cyclical0.7%

Book over time

Every quarter on file (16)
QuarterPositionsEquity book
Q3 20241$26.0m
Q2 20243$292m
Q1 20243$330m
Q4 20234$309m
Q3 20239$1.0bn
Q2 20238$1.1bn
Q1 20239$1000m
Q4 20228$1.2bn
Q3 20227$897m
Q2 202210$895m
Q1 20228$969m
Q4 20218$977m
Q3 20219$916m
Q2 202110$1.1bn
Q1 202112$1.3bn
Q4 202010$986m

Where Inclusive Capital Partners, L.P. was early

1 row
RDDT REDDIT INCQ1 20241 of 20831.2%45.8%2Exited by Q3 2024+30%

Concentration and tenure

33.5%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
100%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters