We are live on ! Find out more
IA

Incentive AS Portfolio holdings

AUM $71.3M
1-Year Est. Return 30.74%
This Fund
S&P 500
This Quarter Est. Return
-9.16%
1 Year Est. Return
-30.74%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$71.3M
AUM Growth
-$14.8M
Cap. Flow
-$6.82M
Cap. Flow %
-9.57%
Top 10 Hldgs %
100%
Holding
1
New
–
Increased
–
Reduced
1
Closed
–

Top Buys

No buys this quarter

Top Sells

Rank Stock Value
1
SW
Smurfit Westrock
SW
+$6.82M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 100%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SW
1
Smurfit Westrock
SW
$25.3B
$71.3M 100%
1,843,624
-178,916
-9% -$6.82M

Similar funds

MCL
MWG Caph Ltd Charlestown $72.4M AUM
YCM
Yost Capital Management Houston, Texas $68.9M AUM 18.32% 1-Year Est. Return
BBW
Blue Barn Wealth Orem, Utah $68.7M AUM 16.42% 1-Year Est. Return
QEI
QSV Equity Investors Naperville, Illinois $67.6M AUM 0.29% 1-Year Est. Return
RWA
Redmont Wealth Advisors Chicago, Illinois $66M AUM 13.09% 1-Year Est. Return
KWM
KW Wealth Management Sacramento, California $65.9M AUM
RRCP
Rip Road Capital Partners Boston, Massachusetts $62.5M AUM 1.22% 1-Year Est. Return
BCPEMI
Bain Capital Public Equity Management II Boston, Massachusetts $62.1M AUM 25.46% 1-Year Est. Return

Incentive AS's Q4 2025 Portfolio in Review

As of Q4 2025, Incentive AS held 1 position worth $71.3M, down 17% from $86.1M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Incentive AS withdrew a net $6.82M in Q4 2025, reducing 1 holding. Its largest reduction was Smurfit Westrock, cutting an estimated $6.82M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 100% of assets, unchanged from a quarter earlier.

  • Incentive AS's biggest Q4 2025 reduction was Smurfit Westrock, cutting an estimated $6.82M.
  • Incentive AS's ten largest holdings make up 100% of its $71.3M portfolio in Q4 2025.
  • Incentive AS opened 0 new positions and closed 0 in Q4 2025.
  • Incentive AS's portfolio value fell 17% quarter-over-quarter to $71.3M.

Based on Incentive AS's 13F filing for Q4 2025, filed 12 Feb 2026.