SEC 13F Intelligence

Managers / Q1 2026

Incline Global Management LLC

CIK 0001567195 · 40 WEST 57TH STREET, SUITE 1430, NEW YORK, NY, 10019 · 212-488-2913

Reported Value
$255M
Q1 2026
Positions
24
Filings on Record
30
2019–present window
Filed
May 15, 2026
original filing

Summary

Incline Global Management LLC reported $255M in U.S.-listed holdings across 24 positions for Q1 2026.

Its largest position, ASGNEUR, represents 6.7% of the portfolio.

Compared with Q4 2025, the fund opened 6 new positions and exited 12.

Portfolio Metrics

Turnover
+47.0%
vs prior filed quarter
Top-10 Concentration
+60.9%
share of reported value
Largest Position
+6.7%
Everforth Ord
New / Exited
6 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $516MQ4 ’18Q1 ’19: $498MQ2 ’19: $485MQ3 ’19: $468MQ4 ’19: $408MQ4 ’19Q1 ’20: $391MQ2 ’20: $476MQ3 ’20: $524MQ4 ’20: $544MQ4 ’20Q1 ’21: $495MQ2 ’21: $892MQ3 ’21: $709MQ4 ’21: $474MQ4 ’21Q1 ’22: $520MQ2 ’22: $350MQ3 ’22: $358MQ4 ’22: $271MQ4 ’22Q1 ’23: $348MQ2 ’23: $358MQ3 ’23: $311MQ4 ’23: $317MQ4 ’23Q1 ’24: $315MQ2 ’24: $243MQ3 ’24: $225MQ4 ’24: $132MQ4 ’24Q1 ’25: $162MQ2 ’25: $254MQ3 ’25: $337MQ4 ’25: $293MQ4 ’25Q1 ’26: $255Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 78.3%Other: 19.1%ADR: 2.6%
  • Common Stock · 78.3% · $199M
  • Other · 19.1% · $49M
  • ADR · 2.6% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OBDCBLUE OWL CAPITAL CL A ORDNEW+1.59M1.59M+$15M$15M
ARESARES MANAGEMENT CL A ORDNEW+132.1K132.1K+$14M$14M
CREDO TECHNOLOGY GROUP HOLDING ORDNEW+144.7K144.7K+$14M$14M
HHHHOWARD HUGHES HOLDINGS ORDNEW+184.9K184.9K+$12M$12M
ARMARM HOLDINGS ADRNEW+43.4K43.4K+$7M$7M
BXBLACKSTONE ORDNEW+54.1K54.1K+$6M$6M
METAMETA PLATFORMS CL A ORDADDED+24.3K25.9K+$14M$15M
MORNMORNINGSTAR ORDADDED+82.1K88.4K+$14M$15M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ASGNEUREVERFORTH ORDhistory →COM6.68%$17M439.7K
2POH3CARNIVAL ORDhistory →ADS6.53%$17M642.3K
3TE CONNECTIVITY ORDORD SHS6.22%$16M75.8K
4NORWEGIAN CRUISE LINE HOLDINGS ORDSHS6.16%$16M839.0K
5CBRECBRE GROUP CL A ORDhistory →CL A6.15%$16M115.6K
6JLLJONES LANG LASALLE ORDhistory →COM5.95%$15M49.8K
7MORNMORNINGSTAR ORDhistory →COM5.87%$15M88.4K
8MSFTMICROSOFT ORDhistory →COM5.86%$15M40.3K
9METAMETA PLATFORMS CL A ORDhistory →CL A5.83%$15M25.9K
10OBDCBLUE OWL CAPITAL CL A ORDhistory →COM CL B5.70%$15M1.59M
11ARESARES MANAGEMENT CL A ORDhistory →COM CL A5.66%$14M132.1K
12COHRCOHERENT ORDhistory →COM5.44%$14M58.1K
13CREDO TECHNOLOGY GROUP HOLDING ORDCOM5.34%$14M144.7K
14AMZNAMAZON COM ORDhistory →COM5.25%$13M64.1K
15HHHHOWARD HUGHES HOLDINGS ORDhistory →COM4.59%$12M184.9K
16APHAMPHENOL CL A ORDhistory →CL A2.64%$7M53.2K
17ARMARM HOLDINGS ADRhistory →SPONSORED ADS2.58%$7M43.4K
18BXBLACKSTONE ORDhistory →COM2.44%$6M54.1K
19PLAYDAVE BUSTERS ENTERTAINMENT ORDhistory →COM1.73%$4M405.9K
20WEXWEX ORDCOM0.94%$2M15.7K
21STONECO CL A ORDCOM CL A0.73%$2M131.5K
22JXC1ZIFF DAVIS ORDCOM0.67%$2M40.5K
23PAGSEGURO DIGITAL CL A ORDCOM CL A0.66%$2M167.7K
24GVAGRANITE CONSTRUCTION ORDCOM0.40%$1M8.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$255M24May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$293M30Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$337M27Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$254M25Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$162M26May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$132M24Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$225M27Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$243M24Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$315M22May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$317M22Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$311M22Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$358M23Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$348M23May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$271M23Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$358M22Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$350M21Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$520M21May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$474M24Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$709M22Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$892M25Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$495M19May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$544M18Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$524M18Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$476M16Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$391M21May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$408M20Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$468M20Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$485M23Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$498M24May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$516M22Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.