Q4 2025 · 13F-HR
Incline Global Management LLCholdings as filed
Filed 2026-02-17 · accession 0001172661-26-001040
$292.7M
Reported value
30
Positions
2025-12-31
Period end
The Brief · Incline Global Management LLC · Q4 2025
AI · grounded in 13F
Incline Global Management LLC exited its position in TRU for a reduction of $15.54M. The fund also closed positions in CART and IAC, reducing exposure by $15.53M and $15.41M respectively. To offset these exits, the manager established new positions in PRIM for $14.54M and NKE for $14.27M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 00191U102 | EFOR | ASGN INC | $15.7M | 5.36% | 325,722 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $15.6M | 5.31% | 95,998 | Common | SOLE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $15.2M | 5.18% | 678,940 | Common | SOLE |
| 387328107 | GVA | GRANITE CONSTR INC | $14.9M | 5.10% | 129,368 | Common | SOLE |
| 74164F103 | PRIM | PRIMORIS SVCS CORP | $14.5M | 4.97% | 117,162 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $14.3M | 4.88% | 223,998 | Common | SOLE |
| 48123V102 | ZD | ZIFF DAVIS INC | $14.1M | 4.83% | 401,933 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $14.0M | 4.78% | 26,745 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $13.6M | 4.65% | 91,384 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $13.3M | 4.56% | 57,811 | Common | SOLE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $13.2M | 4.51% | 57,993 | Common | SOLE |
| 14365C103 | POH3 | CARNIVAL PLC | $12.6M | 4.32% | 413,656 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP NEW | $12.6M | 4.30% | 317,349 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $12.4M | 4.23% | 67,023 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $11.4M | 3.91% | 773,072 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $10.8M | 3.70% | 16,582 | Common | SOLE |
| 46982L108 | J | JACOBS SOLUTIONS INC | $10.7M | 3.64% | 80,466 | Common | SOLE |
| 12504L109 | CBRE | CBRE GROUP INC | $9.6M | 3.27% | 59,608 | Common | SOLE |
| G68707101 | PAGS | PAGSEGURO DIGITAL LTD | $9.4M | 3.20% | 971,597 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $8.6M | 2.94% | 17,815 | Common | SOLE |
| 219948106 | CPAY | CORPAY INC | $8.1M | 2.76% | 26,847 | Common | SOLE |
| 92826C839 | V | VISA INC | $8.0M | 2.74% | 22,851 | Common | SOLE |
| 48020Q107 | JLL | JONES LANG LASALLE INC | $6.7M | 2.30% | 20,037 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $6.4M | 2.19% | 47,445 | Common | SOLE |
| 617700109 | MORN | MORNINGSTAR INC | $1.4M | 0.47% | 6,278 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $1.3M | 0.46% | 16,872 | Common | SOLE |
| 238337109 | PLAY | DAVE & BUSTERS ENTMT INC | $1.2M | 0.42% | 76,548 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $1.1M | 0.38% | 28,488 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $1.1M | 0.37% | 1,627 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $825,324 | 0.28% | 3,838 | 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.