Incline Global Management LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Incline Global Management LLC reported 26 stock positions worth $225.1 million . Its top holding was Pinterest Class A (PINS) at 4.8% of the portfolio, followed by Match (MTCH, 4.8% ) and Stoneco Class A (STNE, 4.7% ). Compared with Q2 2024, it opened 3 new positions, sold out of 2, added to 2 and reduced 21. The biggest buy was a new position in Pinterest Class A (PINS) and the biggest sale an exit from Unitedhealth (UNH).
Location New York, NY
CIK 0001567195
Portfolio Value $225.1M (Q3 2024) Holdings 26 stocks · $225.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 PINS Pinterest Inc. Class A 331,578 $10.7M New MTCH Match Group Inc. 283,348 $10.7M Reduce -21.1% STNE Stoneco Ltd. Class A 947,797 $10.7M Add +3.7% WEX Wex Inc. 50,626 $10.6M Reduce -20.6% LULU Lululemon Athletica Inc. 38,881 $10.6M New PAGS Pagseguro Digital Ltd. Class A 1,189,270 $10.2M Add +31.8% PPLI People Inc. filed as IAC INC 187,402 $10.1M Reduce -19.9% SBUX Starbucks Corp. 102,523 $10.0M Reduce -23.9% CART Maplebear Inc. 244,472 $10.0M Reduce -26.6% NWSA News Corp. Class A 368,973 $9.8M Reduce -3.8% NKE Nike Inc. Class B 111,037 $9.8M Reduce -15.8% EXPE Expedia Group Inc. 66,312 $9.8M Reduce -20.5% HHH Howard Hughes Holdings Inc. 125,971 $9.8M Reduce -23.0% CPAY Corpay Inc. 31,150 $9.7M Reduce -21.5% TRU Transunion 91,717 $9.6M Reduce -37.9% BKNG Booking Holdings Inc. 2,257 $9.5M Reduce -7.0% APO Apollo Global Management Inc. 74,792 $9.3M Reduce -16.8% MSGS Madison Square Garden Sports 44,244 $9.2M Reduce -21.7% PYPL PayPal Holdings Inc. 112,607 $8.8M Reduce -28.9% META Meta Platforms Inc. Class A 13,893 $8.0M Reduce -30.0% ARES Ares Management Corp. Class A 50,161 $7.8M Reduce -32.9% SSNC Ss&c Technologies Holdings 103,135 $7.7M Reduce -39.9% AMZN Amazon.com Inc. 34,659 $6.5M Reduce -35.8% GOOGL Alphabet Inc. Class A 32,594 $5.4M New SEG Seaport Entertainment Group 16,763 $460K Reduce -7.6% V Visa Inc. Class A 1,347 $370K Reduce -95.3%
Other holdings (1): bonds, preferreds, convertibles and warrants · $49K (not counted above) Total filed on the 13F, all lines: $225.1M.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ UNH Unitedhealth Group Inc. Sold out 0.00% −4.14 V Visa Inc. Class A Reduce -95.3% 0.16% −2.93 MSGE Madison Square Garden Entert Sold out 0.00% −2.22 AMZN Amazon.com Inc. Reduce -35.8% 2.87% −1.43 SSNC Ss&c Technologies Holdings Reduce -39.9% 3.40% −1.03 ARES Ares Management Corp. Class A Reduce -32.9% 3.47% −0.63 META Meta Platforms Inc. Class A Reduce -30.0% 3.53% −0.59 MSGS Madison Square Garden Sports Reduce -21.7% 4.09% −0.29 TRU Transunion Reduce -37.9% 4.27% −0.25 APO Apollo Global Management Inc. Reduce -16.8% 4.15% −0.22 PPLI People Inc. Reduce -19.9% 4.48% −0.04 CPAY Corpay Inc. Reduce -21.5% 4.33% −0.03 SEG Seaport Entertainment Group Reduce -7.6% 0.20% −0.00 NWSA News Corp. Class A Reduce -3.8% 4.37% +0.00 CART Maplebear Inc. Reduce -26.6% 4.42% +0.01 EXPE Expedia Group Inc. Reduce -20.5% 4.36% +0.03 WEX Wex Inc. Reduce -20.6% 4.72% +0.06 PYPL PayPal Holdings Inc. Reduce -28.9% 3.90% +0.11 SBUX Starbucks Corp. Reduce -23.9% 4.44% +0.12 HHH Howard Hughes Holdings Inc. Reduce -23.0% 4.33% +0.17 BKNG Booking Holdings Inc. Reduce -7.0% 4.22% +0.26 MTCH Match Group Inc. Reduce -21.1% 4.76% +0.27 NKE Nike Inc. Class B Reduce -15.8% 4.36% +0.27
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ PINS Pinterest Inc. Class A New 4.77% +4.77 LULU Lululemon Athletica Inc. New 4.69% +4.69 GOOGL Alphabet Inc. Class A New 2.40% +2.40 STNE Stoneco Ltd. Class A Add +3.7% 4.74% +0.22 PAGS Pagseguro Digital Ltd. Class A Add +31.8% 4.55% +0.20
Notes & Other Activity Q2 2024 → Q3 2024 Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 20 $356.6M FTAI, LITE, COHR, WEX, AMZN Q1 2026 24 $254.6M EFOR, CUK, TEL, NCLH, CBRE Q4 2025 30 $292.7M EFOR, VRT, NCLH, GVA, PRIM Q3 2025 27 $337.3M WEX, NCLH, EFOR, BRO, TRU Q2 2025 25 $254.3M CORZ, HUT, MSGS, WEX, NCLH Q1 2025 26 $162.2M PPLI, WEX, MSGS, FLR, CART Q4 2024 24 $131.9M MSGE, STNE, WEX, PINS, NWSA Q3 2024 26 $225.1M PINS, MTCH, STNE, WEX, LULU Q2 2024 24 $242.6M WEX, PPLI, STNE, TRU, MTCH Q1 2024 22 $315.0M WEX, SBUX, MTCH, STNE, NKE