Incentive AS
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Incentive AS reported 2 stock positions worth $163.0 million. Its top holding was Smurfit Westrock (SW) at 63.9% of the portfolio, followed by Noble (NE, 36.1%). Compared with Q4 2024, it added to 1 and reduced 1. The biggest buy was Smurfit Westrock (SW, shares +1%) and the biggest sale Noble (NE, shares −1%).
- Most Recent 13F
- Q4 2025
- Location
- OSLO, Q8
- CIK
- 0001665221
- Portfolio Value
- $163.0M (Q1 2025)
- SEC Filing
- 0000945621-25-000470 ↗ filed May 14, 2025
Holdings Value
Holdings 2 stocks · $163.0M
Portfolio Sells Q4 2024 → Q1 2025
| NE Noble Corp. PLC | Reduce -0.8% | 36.07% | −2.88 |
Portfolio Buys Q4 2024 → Q1 2025
| SW Smurfit Westrock PLC | Add +1.2% | 63.93% | +2.88 |