Institutional Manager · CIK 0002049997
Incision Capital Management LP
SAN FRANCISCO, CA · File #028-26526
Latest AUM
$110.2M
Positions
6
Top-10 Concentration
100.0%
Filings
1
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 |
|---|---|---|---|---|---|
| NEW | CROCS INC | CROX | +325,000 | +$27.8M | $0 |
| NEW | EQUINOX GOLD CORP | EQX | +1,650,000 | +$23.2M | $0 |
| NEW | TECK RESOURCES LTD | TCKRF | +475,000 | +$22.7M | $0 |
| NEW | CENOVUS ENERGY INC | CVE | +1,100,000 | +$18.6M | $0 |
| NEW | SEA LTD | SE | +140,000 | +$17.9M | $0 |
| NEW | SPDR GOLD TRUST | GLD | +200,000 | +$58,000 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20256 pos · $110.2M
Top 6 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | CROCS INC | CROX | 325,000 | $27.8M | 25.21% |
| 2 | EQUINOX GOLD CORP | EQX | 1,650,000 | $23.2M | 21.01% |
| 3 | TECK RESOURCES LTD | TCKRF | 475,000 | $22.7M | 20.64% |
| 4 | CENOVUS ENERGY INC | CVE | 1,100,000 | $18.6M | 16.88% |
| 5 | SEA LTD | SE | 140,000 | $17.9M | 16.20% |
| 6 | SPDR GOLD TRUST | GLD | 200,000 | $58,000 | 0.05% |