Incision Capital Management LP — 13F Holdings

2026 Q1  ·  7 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, Incision Capital Management LP maintained a portfolio of 7 distinct positions. The most significant new addition was EXPAND ENERGY CORPORATION, now representing 18.18% of the total fund value. They heavily accumulated shares in SEA LTD-ADR, increasing the position by 121.4%. Conversely, Incision Capital Management LP completely exited their position in EQUINOX GOLD CORP.
Position History hover any row below to update
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PCA Score Concentration Risk
Risk ENB
Total Positions
7
Quarter
2026 Q1
Top Holding
CROX (32.1%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-7 of 7

Incision Capital Management LP Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
CROX
CROCS INC
Consumer Cyclical 32.07% 25.21% #1
Prev: #1
8.0
25,000 7.7%
P
S
350,000 $29,057,000 2025 Q4 13F Filing 2026-03-31 2026-05-15
SE
SEA LTD-ADR
Consumer Cyclical 28.33% 16.20% #2 3
Prev: #5
8.5
170,000 121.4%
P
S
310,000 $25,671,100 2025 Q4 13F Filing 2026-03-31 2026-05-15
TECK
TECK RESOURCES ...
Basic Materials 21.42% 20.64% #3
Prev: #3
5.0
-100,000 -21.1%
P
S
375,000 $19,406,250 2025 Q4 13F Filing 2026-03-31 2026-05-15
EXE
EXPAND ENERGY C...
Energy 18.18% #4
Prev: #—
8.0
150,000
NEW
150,000 $16,467,000 2026 Q1 13F Filing 2026-03-31 2026-05-15
GLD
SPDR GOLD TRUST
PUT
PUT Option 0.00% 0.05%
Sold All 😨
(Was: #6)
0.0
-200,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
CVE
CENOVUS ENERGY ...
Energy 0.00% 16.88%
Sold All 😨
(Was: #4)
0.0
-1,100,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
EQX
EQUINOX GOLD CO...
Basic Materials 0.00% 21.01%
Sold All 😨
(Was: #2)
0.0
-1,650,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
Showing 1-7 of 7 holdings

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