Q3 2025 · 13F-HR
Incline Global Management LLCholdings as filed
Filed 2025-11-14 · accession 0001172661-25-005000
$337.3M
Reported value
27
Positions
2025-09-30
Period end
The Brief · Incline Global Management LLC · Q3 2025
AI · grounded in 13F
Incline Global Management LLC established a new position in WEX valued at $15.6M. The fund also initiated new stakes in NCLH for $15.6M and EFOR for $15.6M. Additional new positions include BRO, TRU, and MORN. The fund ended the period with 27 positions and total AUM of $337.3M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 96208T104 | WEX | WEX INC | $15.6M | 4.62% | 99,017 | Common | SOLE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $15.6M | 4.62% | 632,949 | Common | SOLE |
| 00191U102 | EFOR | ASGN INC | $15.6M | 4.62% | 328,792 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $15.6M | 4.61% | 165,825 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $15.5M | 4.61% | 185,494 | Common | SOLE |
| 617700109 | MORN | MORNINGSTAR INC | $15.5M | 4.61% | 66,981 | Common | SOLE |
| 565394103 | CART | MAPLEBEAR INC | $15.5M | 4.61% | 422,576 | Common | SOLE |
| 44891N208 | IAC | IAC INC | $15.4M | 4.57% | 452,404 | Common | SOLE |
| 238337109 | PLAY | DAVE & BUSTERS ENTMT INC | $15.4M | 4.56% | 846,219 | Common | SOLE |
| 219948106 | CPAY | CORPAY INC | $15.3M | 4.54% | 53,147 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $15.2M | 4.52% | 85,611 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $15.2M | 4.49% | 113,728 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP NEW | $14.8M | 4.39% | 352,242 | Common | SOLE |
| 55825T103 | MSGS | MADISON SQUARE GRDN SPRT COR | $14.2M | 4.22% | 62,665 | Common | SOLE |
| 48123V102 | ZD | ZIFF DAVIS INC | $14.2M | 4.20% | 371,721 | Common | SOLE |
| G68707101 | PAGS | PAGSEGURO DIGITAL LTD | $13.6M | 4.02% | 1,355,436 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $13.1M | 3.88% | 291,228 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $11.8M | 3.51% | 46,558 | Common | SOLE |
| 48020Q107 | JLL | JONES LANG LASALLE INC | $11.8M | 3.50% | 39,547 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $11.7M | 3.47% | 1,001,058 | Common | SOLE |
| 387328107 | GVA | GRANITE CONSTR INC | $11.2M | 3.32% | 101,973 | Common | SOLE |
| 65249B109 | NWSA | NEWS CORP NEW | $9.4M | 2.78% | 305,834 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $6.2M | 1.83% | 40,875 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $5.9M | 1.75% | 87,898 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $4.8M | 1.43% | 9,893 | Common | SOLE |
| 72352L106 | PINS | PINTEREST INC | $4.7M | 1.40% | 146,597 | Common | SOLE |
| 14365C103 | POH3 | CARNIVAL PLC | $4.5M | 1.34% | 155,918 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.