Incentive AS
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Incentive AS reported 1 stock position worth $86.1 million. Its top holding was Smurfit Westrock (SW) at 100.0% of the portfolio. Compared with Q2 2025, it reduced 1. The biggest sale was Smurfit Westrock (SW, shares −13%).
- Most Recent 13F
- Q4 2025
- Location
- OSLO, Q8
- CIK
- 0001665221
- Portfolio Value
- $86.1M (Q3 2025)
- SEC Filing
- 0000945621-25-001002 ↗ filed Oct 31, 2025
Holdings Value
Holdings 1 stocks · $86.1M
| SW Smurfit Westrock PLC | 100.00% | 2,022,540 | $86.1M | Reduce -12.9% |
Portfolio Sells Q2 2025 → Q3 2025
| SW Smurfit Westrock PLC | Reduce -12.9% | 100.00% | 0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| None this quarter. | |||