Incline Global Management LLC

CIK

1567195

Location

New York, NY

Portfolio Value

Small $257,630,611

Diversification

Diversified

Filing Date

Global Rank

#3,672 / 8,603 ▼ 124 · as of Mar 2026

Top Industry

Asset Management 14.8%

3Y Alpha vs SPY

-4.9%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+54.0%

SPY

+76.0%

Annualised alpha

-5.3%

Max drawdown

−23.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.8%

+1.4 pts

Top 5

32.1%

+6.1 pts

Top 10

61.4%

+11.9 pts

HHI

538

Diversified+118

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	36.7%	$94,440,159	10
Financial Services	20.6%	$53,151,631	4
Consumer Cyclical	17.7%	$45,598,320	3
Real Estate	16.5%	$42,500,642	3
Communication Services	8.1%	$20,929,990	3
Industrials	0.4%	$1,009,869	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
PLAY	Dave & Buster's Entertainment, Inc.	+329,312	405,860	$4,395,463
CUK	CARNIVAL PLC	+228,675	642,331	$16,552,869
NCLH	Norwegian Cruise Line Holdings Ltd.	+160,038	838,978	$15,688,888
EFOR	Everforth Inc	+113,966	439,688	$17,020,322
MORN	Morningstar, Inc.	+82,076	88,354	$14,936,243
CBRE	Cbre Group, Inc.	+56,002	115,610	$15,660,530
JLL	Jones Lang Lasalle Inc	+29,718	49,755	$15,141,441
META	Meta Platforms, Inc.	+24,304	25,931	$14,835,903
MSFT	Microsoft Corp	+22,518	40,333	$14,930,066
TEL	TE Connectivity plc	+17,768	75,761	$15,835,564
AMZN	Amazon Com Inc	+6,320	64,131	$13,356,563
APH	Amphenol Corp /De/	+5,740	53,185	$6,719,924
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
PAGS	PagSeguro Digital Ltd.	−803,928	167,669	$1,680,043
STNE	StoneCo Ltd.	−641,596	131,476	$1,856,441
ZD	Ziff Davis, Inc.	−361,451	40,482	$1,698,624
GVA	Granite Construction Inc	−120,944	8,424	$1,009,869
WEX	WEX Inc.	−75,721	15,663	$2,397,065
COHR	Coherent Corp.	−8,898	58,125	$13,845,956
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
OBDC	Blue Owl Capital Corp	1,589,266	$17,577,281
ARES	Ares Management Corp	132,123	$14,414,619
CRDO	Credo Technology Group Holding Ltd	144,731	$13,585,898
HHH	Howard Hughes Holdings Inc.	184,930	$11,698,671
ARM	Arm Holdings PLC /Uk	43,422	$6,568,880
BX	Blackstone Inc.	54,122	$6,223,488
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
VRT	Vertiv Holdings Co	95,998	$15,552,635
PRIM	Primoris Services Corp	117,162	$14,544,490
NKE	NIKE, Inc.	223,998	$14,270,912
SPGI	S&P Global Inc.	26,745	$13,222,960
FLR	Fluor Corp	317,349	$12,576,540
GEV	GE Vernova Inc.	16,582	$10,837,497
J	Jacobs Solutions Inc.	80,466	$10,658,526
CPAY	Corpay, Inc.	26,847	$8,079,067
V	Visa Inc.	22,851	$8,014,074
BRO	Brown & Brown, Inc.	16,872	$1,344,698
CPRT	Copart Inc	28,488	$1,115,305
FLUT	Flutter Entertainment plc	3,838	$825,323
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $257,630,611 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Financial Services Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
OBDC	Blue Owl Capital Corp Financial Services	NEW	1,589,266	NEW	$17,577,281	NEW	6.82%
EFOR	Everforth Inc Technology	Added	439,688	+113,966	$17,020,322	+8.5%	6.61%
CUK	CARNIVAL PLC Consumer Cyclical	Added	642,331	+228,675	$16,552,869	+31.9%	6.43%
TEL	TE Connectivity plc Technology	Added	75,761	+17,768	$15,835,564	+20.0%	6.15%
NCLH	Norwegian Cruise Line Holdings Ltd. Consumer Cyclical	Added	838,978	+160,038	$15,688,888	+3.5%	6.09%
CBRE	Cbre Group, Inc. Real Estate	Added	115,610	+56,002	$15,660,530	+63.4%	6.08%
JLL	Jones Lang Lasalle Inc Real Estate	Added	49,755	+29,718	$15,141,441	+124.6%	5.88%
MORN	Morningstar, Inc. Financial Services	Added	88,354	+82,076	$14,936,243	+994.8%	5.80%
MSFT	Microsoft Corp Technology	Added	40,333	+22,518	$14,930,066	+73.3%	5.80%
META	Meta Platforms, Inc. Communication Services	Added	25,931	+24,304	$14,835,903	+1281.4%	5.76%
ARES	Ares Management Corp Financial Services	NEW	132,123	NEW	$14,414,619	NEW	5.60%
COHR	Coherent Corp. Technology	Reduced	58,125	-8,898	$13,845,956	+11.9%	5.37%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	144,731	NEW	$13,585,898	NEW	5.27%
AMZN	Amazon Com Inc Consumer Cyclical	Added	64,131	+6,320	$13,356,563	+0.1%	5.18%
HHH	Howard Hughes Holdings Inc. Real Estate	NEW	184,930	NEW	$11,698,671	NEW	4.54%
APH	Amphenol Corp /De/ Technology	Added	53,185	+5,740	$6,719,924	+4.8%	2.61%
ARM	Arm Holdings PLC /Uk Technology	NEW	43,422	NEW	$6,568,880	NEW	2.55%
BX	Blackstone Inc. Financial Services	NEW	54,122	NEW	$6,223,488	NEW	2.42%
PLAY	Dave & Buster's Entertainment, Inc. Communication Services	Added	405,860	+329,312	$4,395,463	+254.2%	1.71%
WEX	WEX Inc. Technology	Reduced	15,663	-75,721	$2,397,065	−82.4%	0.93%
STNE	StoneCo Ltd. Technology	Reduced	131,476	-641,596	$1,856,441	−83.8%	0.72%
ZD	Ziff Davis, Inc. Communication Services	Reduced	40,482	-361,451	$1,698,624	−88.0%	0.66%
PAGS	PagSeguro Digital Ltd. Technology	Reduced	167,669	-803,928	$1,680,043	−82.1%	0.65%
GVA	Granite Construction Inc Industrials	Reduced	8,424	-120,944	$1,009,869	−93.2%	0.39%