Institutional Manager · CIK 0001665221
Incentive AS
OSLO, Q8 · File #028-23550
Latest AUM
$71.3M
Positions
1
Top-10 Concentration
100.0%
Filings
8
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | SMURFIT WESTROCK PLC | SW | -178,916 | -$6.9M | -$7.9M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20251 pos · $71.3M
- 13F HOLDINGS REPORTQ/E Sep 20251 pos · $86.1M
- 13F HOLDINGS REPORTQ/E Jun 20251 pos · $100.2M
- 13F HOLDINGS REPORTQ/E Mar 20252 pos · $163.0M
- 13F HOLDINGS REPORTQ/E Dec 20242 pos · $201.6M
- 13F HOLDINGS REPORTQ/E Sep 20242 pos · $163.9M
- 13F HOLDINGS REPORTQ/E Jun 20241 pos · $93.8M
- 13F HOLDINGS REPORTQ/E Mar 20241 pos · $108.7M
Top 1 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SMURFIT WESTROCK PLC | SW | 1,843,624 | $71.3M | 100.00% |