Incline Global Management LLC
SEC Form 13F institutional filer · CIK 0001567195
13F-HR · 11 reported holdings · 2026-03-31
Reported long-US-equity value
$0.15B
Top-10 concentration
95.8%
Incline Global Management LLC — $148M AUM allocation strategy
Incline Global Management LLC files SEC Form 13F and reports $148M of long US equity value across 11 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 34.7%, followed by Consumer Discretionary 30.8% and Financials 13.9%.
The top 10 holdings account for 96% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Incline Global Management LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$148M
total across 11 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
96% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$CCL +229K sh · +$3.99M+$NCLH +160K sh · +$535K+$CBRE +56K sh · +$6.08M
Exited to nil (held last quarter, gone now)
$VRT ($15.6M last qtr)$NKE ($14.3M last qtr)$SPGI ($14M last qtr)$GEV ($10.8M last qtr)$J ($10.7M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Hotels, Resorts & Cruise Lines21.8%—
- Asset Management & Custody Banks13.9%—
- Electronic Components13.9%—
- Electronic Manufacturing Services10.7%—
- Real Estate Services10.6%—
- Systems Software10.1%—
- Interactive Media & Services10.0%—
- Broadline Retail9.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $CCL | Carnival Corporation Ltd | 642K | $16.6M | +229K | 11.2% |
| $TEL | TE Connectivity plc | 75.8K | $15.8M | +17.8K | 10.7% |
| $NCLH | Norwegian Cruise Line Holdings Ltd | 839K | $15.7M | +160K | 10.6% |
| $CBRE | CBRE Group Inc Common Stock Class A | 116K | $15.7M | +56K | 10.6% |
| $MSFT | Microsoft Corporation | 40.3K | $14.9M | +22.5K | 10.1% |
| $META | Meta Platforms Inc | 25.9K | $14.8M | +24.3K | 10.0% |
| $ARES | Ares Management Corporation | 132K | $14.4M | — | 9.7% |
| $COHR | Coherent Corp | 58.1K | $13.8M | -8.9K | 9.3% |
| $AMZN | Amazon.com Inc | 64.1K | $13.4M | +6.32K | 9.0% |
| $APH | Amphenol Corporation | 53.2K | $6.72M | +5.74K | 4.5% |
…and 1 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.