SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Intrinsic Edge Capital Management LLC

CIK 0001671754 · 180 N. LASALLE STREET, SUITE 1800, CHICAGO, IL, 60601 · 312-734-1094

Reported Value
$1.1B
Q2 2024
Positions
140
Filings on Record
32
2019–present window
Filed
Aug 14, 2024
original filing

Summary

Intrinsic Edge Capital Management LLC reported $1.1B in U.S.-listed holdings across 140 positions for Q2 2024.

Its largest position, Norwegian Cruise Line Hldg L, represents 3.2% of the portfolio.

Compared with Q1 2024, the fund opened 60 new positions and exited 57.

Portfolio Metrics

Turnover
+49.0%
vs prior filed quarter
Top-10 Concentration
+23.1%
share of reported value
Largest Position
+3.2%
Norwegian Cruise Line Hldg L
New / Exited
60 / 57
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: $595MQ4 ’18Q1 ’19: $591MQ2 ’19: $840MQ3 ’19: $894MQ4 ’19: $796MQ4 ’19Q1 ’20: $755MQ2 ’20: $2.2BQ3 ’20: $1.5BQ4 ’20: $1.3BQ4 ’20Q1 ’21: $1.5BQ2 ’21: $1.7BQ3 ’21: $1.4BQ4 ’21: $1.6BQ4 ’21Q1 ’22: $1.3BQ2 ’22: $1.3BQ3 ’22: $916MQ2 ’23: $1.4BQ2 ’23Q3 ’23: $887MQ4 ’23: $1.0BQ1 ’24: $1.3BQ2 ’24: $1.1BQ2 ’24Q3 ’24: $828MQ4 ’24: $823MQ1 ’25: $544MQ2 ’25: $714MQ2 ’25Q3 ’25: $718MQ4 ’25: $561MQ1 ’26: $603Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 88.8%Other: 9.3%ETP: 1.5%Closed-End Fund: 0.4%
  • Common Stock · 88.8% · $981M
  • Other · 9.3% · $103M
  • ETP · 1.5% · $16M
  • Closed-End Fund · 0.4% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IFFINTERNATIONAL FLAVORS & FRAGRANEW+297.9K297.9K+$28M$28M
CUCAAVIS BUDGET GROUPNEW+227.1K227.1K+$24M$24M
IBPINSTALLED BLDG PRODS INCNEW+107.8K107.8K+$22M$22M
OSISOSI SYSTEMS INCNEW+159.3K159.3K+$22M$22M
TWLOTWILIO INCNEW+363.8K363.8K+$21M$21M
EXLSEXLSERVICE HOLDINGS INCNEW+615.2K615.2K+$19M$19M
OCOWENS CORNING NEWNEW+102.4K102.4K+$18M$18M
LFUSLITTELFUSE INCNEW+67.2K67.2K+$17M$17M

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

Holdings — Q2 2024

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NORWEGIAN CRUISE LINE HLDG LSHS3.18%$35M1.87M
2AVDXAVIDXCHANGE HOLDINGS INChistory →COM3.04%$34M2.78M
3IFFINTERNATIONAL FLAVORS & FRAGRAhistory →COM2.57%$28M297.9K
4GTLSCHART INDS INChistory →COM2.33%$26M178.3K
5CUCAAVIS BUDGET GROUPhistory →COM2.15%$24M227.1K
6BLBDBLUE BIRD CORPhistory →COM2.02%$22M413.8K
7IBPINSTALLED BLDG PRODS INChistory →COM2.01%$22M107.8K
8OSISOSI SYSTEMS INChistory →COM1.98%$22M159.3K
9ROYAL CARIBBEAN GROUPCOM1.93%$21M134.0K
10CRSCARPENTER TECHNOLOGY CORPhistory →COM1.90%$21M191.3K
11TWLOTWILIO INChistory →CL A1.87%$21M363.8K
12EXLSEXLSERVICE HOLDINGS INChistory →COM1.75%$19M615.2K
13CWHCAMPING WORLD HLDGS INChistory →CL A1.66%$18M1.03M
14RAMPLIVERAMP HLDGS INChistory →COM1.62%$18M579.7K
15OCOWENS CORNING NEWhistory →COM1.61%$18M102.4K
16LFUSLITTELFUSE INChistory →COM1.56%$17M67.2K
17ROCKGIBRALTAR INDS INChistory →COM1.48%$16M238.2K
18CARGCARGURUS INChistory →COM CL A1.48%$16M622.7K
19PSNPARSONS CORP DELhistory →COM1.41%$16M189.8K
204DHDANA INChistory →COM1.38%$15M1.25M
21GBXGREENBRIER COS INChistory →COM1.36%$15M303.9K
22BECNUSDBEACON ROOFING SUPPLY INChistory →COM1.35%$15M164.1K
23IPARINTER PARFUMS INChistory →COM1.34%$15M127.2K
24ARLOARLO TECHNOLOGIES INChistory →COM1.27%$14M1.07M
25ATMUATMUS FILTRATION TECHNOLOGIEhistory →COM1.22%$13M467.8K
26ZETAZETA GLOBAL HOLDINGS CORPhistory →CL A1.18%$13M738.7K
27SSFSENSIENT TECHNOLOGIES CORPhistory →COM1.15%$13M170.4K
28MTZMASTEC INChistory →COM1.10%$12M113.7K
29PRIMPRIMORIS SVCS CORPhistory →COM1.07%$12M236.8K
30XRXXEROX HOLDINGS CORPhistory →COM NEW1.05%$12M993.1K
31BCOBRINKS COhistory →COM1.02%$11M110.1K
32CLSCELESTICA INChistory →COM1.00%$11M192.6K
33GQ9SPDR GOLD TRhistory →GOLD SHS0.97%$11M50.0K
34RSIRUSH STREET INTERACTIVE INChistory →COM0.96%$11M1.11M
35TWSTTWIST BIOSCIENCE CORPCOM0.88%$10M197.2K
36IRIS ENERGY LTDORDINARY SHARES0.83%$9M810.0K
37HAEHAEMONETICS CORP MASSCOM0.82%$9M110.0K
38KIDSORTHOPEDIATRICS CORPCOM0.80%$9M305.2K
39KNFKNIFE RIVER CORPCOMMON STOCK0.79%$9M124.6K
40LPXLOUISIANA PAC CORPCOM0.78%$9M105.2K
41HERBALIFE LTDCOM SHS0.78%$9M832.8K
42BIT DIGITAL INCSHS0.77%$9M2.69M
43ALGALAMO GROUP INCCOM0.77%$9M49.1K
44HEIHEICO CORP NEWCOM0.77%$8M38.0K
45VCELVERICEL CORPCOM0.77%$8M184.3K
46RXORXO INCCOMMON STOCK0.75%$8M317.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$603M111May 18, 202613F-HRchanges · EDGAR ↗
Q4 2025$561M87Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$718M100Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$714M90Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$544M62May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$823M104Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$828M102Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.1B140Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.3B152May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.0B116Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$887M127Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.4B166Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review139May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review140Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$916M137Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.3B156Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.3B173May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.6B181Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.4B214Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.7B215Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.5B217May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.3B211Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.5B235Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020REVEALED$2.2B401Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$755M155May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$796M132Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$894M145Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$840M118Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$591M109May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$595M122Feb 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 ↗.