Incentive AS
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Incentive AS reported 1 stock position worth $100.2 million. Its top holding was Smurfit Westrock (SW) at 100.0% of the portfolio. Compared with Q1 2025, it sold out of 1 and added to 1. The biggest buy was Smurfit Westrock (SW, shares +0%) and the biggest sale an exit from Noble (NE).
- Most Recent 13F
- Q4 2025
- Location
- OSLO, Q8
- CIK
- 0001665221
- Portfolio Value
- $100.2M (Q2 2025)
- SEC Filing
- 0000945621-25-000648 ↗ filed Jul 31, 2025
Holdings Value
Holdings 1 stocks · $100.2M
| SW Smurfit Westrock PLC | 100.00% | 2,322,540 | $100.2M | Add +0.4% |
Portfolio Sells Q1 2025 → Q2 2025
| NE Noble Corp. PLC | Sold out | 0.00% | −36.07 |
Portfolio Buys Q1 2025 → Q2 2025
| SW Smurfit Westrock PLC | Add +0.4% | 100.00% | +36.07 |