Filed: 2/11/2025ACC: 0000945621-25-000155
📋 What this filing means
INCENTIVE AS filed this quarterly 13F‑HR report disclosing 2 equity positions with a total reported market value of $201.60M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
2
Positions
$201.60M
Total AUM (reported)
4.79M
Total Shares
Allocation by class
SHS$123.09M61.1%
ORD SHS A$78.51M38.9%
Portfolio Concentration
Top 3$201.60M100.0%
Top 3 weight
100.0%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 4.79M
Sole
Full voting authority
4.34M
shares
% of voting shares90.7%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
444.70K
shares
% of voting shares9.3%
Investment Discretion (by position count)
Sole2
Shared0
Other0
Dominant voting typeSole · 90.7% of voting shares
Institutional Holdings2
Rows:
Smurfit WestRock PLC
SOLEShares2.29M
TypeSH
Market value$123.09M
61.06%
Sole
1.84M
Shared
0.00
None
444.70K
NOBLE CORP PLC
SOLEShares2.50M
TypeSH
Market value$78.51M
38.94%
Sole
2.50M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Smurfit WestRock PLCSOLE | SHS | 2.29M | SH | $123.09M 61.06% | 1.84M | 0.00 | 444.70K |
NOBLE CORP PLCSOLE | ORD SHS A | 2.50M | SH | $78.51M 38.94% | 2.50M | 0.00 | 0.00 |