SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Sapience Investments, LLC

CIK 0001682598 · 18200 VON KARMAN AVENUE, SUITE 795, IRVINE, CA, 92612 · 949-662-1013

Reported Value
$476M
Q4 2022
Positions
81
Filings on Record
29
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Sapience Investments, LLC reported $476M in U.S.-listed holdings across 81 positions for Q4 2022.

Its largest position, THS, represents 3.5% of the portfolio.

Compared with Q3 2022, the fund opened 8 new positions and exited 7.

Portfolio Metrics

Turnover
+12.3%
vs prior filed quarter
Top-10 Concentration
+26.4%
share of reported value
Largest Position
+3.5%
Treehouse Foods
New / Exited
8 / 7
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $752MQ1 ’19Q2 ’19: $734MQ3 ’19: $719MQ4 ’19: $715MQ1 ’20: $450MQ1 ’20Q2 ’20: $544MQ3 ’20: $564MQ4 ’20: $719MQ1 ’21: $797MQ1 ’21Q2 ’21: $805MQ3 ’21: $842MQ4 ’21: $878MQ1 ’22: $823MQ1 ’22Q2 ’22: $534MQ3 ’22: $476MQ4 ’22: $476MQ1 ’23: $433MQ1 ’23Q2 ’23: $444MQ3 ’23: $416MQ4 ’23: $420MQ1 ’24: $302MQ1 ’24Q2 ’24: $196MQ3 ’24: $202MQ4 ’24: $171MQ1 ’25: $140MQ1 ’25Q2 ’25: $150MQ3 ’25: $26MQ4 ’25: $27MQ1 ’26: $771,938Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 86.9%REIT: 8.4%Other: 4.7%
  • Common Stock · 86.9% · $414M
  • REIT · 8.4% · $40M
  • Other · 4.7% · $22M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FHBFIRST HAWAIIAN INCNEW+300.8K300.8K+$8M$8M
RETAIL OPPORTUNITY INVTS CORNEW+482.8K482.8K+$7M$7M
BUSEFIRST BUSEY CORPNEW+201.2K201.2K+$5M$5M
BRXBRIXMOR PPTY GROUP INCNEW+29.2K29.2K+$661,057$661,057
WTFCWINTRUST FINL CORPNEW+7.8K7.8K+$655,030$655,030
CATALENT INCNEW+13.7K13.7K+$618,302$618,302
CHARLES RIV LABS INTL INCNEW+2.4K2.4K+$513,155$513,155
OVVOVINTIV INCNEW+8.3K8.3K+$420,284$420,284

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

Holdings — Q4 2022

81 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1THSTREEHOUSE FOODS INChistory →COM3.45%$16M333.2K
2USFDUS FOODS HLDG CORPhistory →COM2.94%$14M411.7K
3WBSWEBSTER FINL CORPhistory →COM2.81%$13M282.5K
4IDAIDACORP INChistory →COM2.72%$13M120.3K
5STERICYCLE INCCOM2.62%$13M250.6K
6HRHEALTHCARE RLTY TRhistory →CL A COM2.50%$12M619.0K
7IARTINTEGRA LIFESCIENCES HLDGS Chistory →COM NEW2.40%$11M203.8K
8CPRICAPRI HOLDINGS LIMITEDhistory →SHS2.37%$11M197.1K
9FUNSIX FLAGS ENTMT CORP NEWhistory →COM2.36%$11M482.9K
10VRNSVARONIS SYS INChistory →COM2.21%$11M440.0K
11PHYSICIANS RLTY TRCOM2.18%$10M717.8K
12NVSTENVISTA HOLDINGS CORPORATIONhistory →COM2.12%$10M300.5K
13CDPCORPORATE OFFICE PPTYS TRhistory →SH BEN INT2.10%$10M386.0K
14NTBBANK OF NT BUTTERFIELD&SON Lhistory →SHS NEW2.08%$10M331.9K
15VIPER ENERGY PARTNERS LPCOM UNT RP INT2.05%$10M307.4K
16KEXKIRBY CORPhistory →COM2.02%$10M149.3K
17BANRBANNER CORPhistory →COM NEW2.01%$10M151.8K
18AMEDAMEDISYS INChistory →COM2.00%$10M114.0K
19GBCIGLACIER BANCORP INC NEWhistory →COM1.93%$9M186.0K
20BPOPPOPULAR INChistory →COM NEW1.93%$9M138.3K
21PORPORTLAND GEN ELEC COhistory →COM NEW1.87%$9M181.9K
22CAKECHEESECAKE FACTORY INChistory →COM1.82%$9M273.3K
23ABCBAMERIS BANCORPhistory →COM1.78%$8M180.1K
24LBRTLIBERTY ENERGY INChistory →COM CL A1.71%$8M509.6K
25FHBFIRST HAWAIIAN INChistory →COM1.64%$8M300.8K
26AHCOADAPTHEALTH CORPhistory →COMMON STOCK1.61%$8M399.6K
27NEW RELIC INCCOM1.57%$7M132.8K
28CHAMPIONX CORPORATIONCOM1.55%$7M255.5K
29HWCHANCOCK WHITNEY CORPORATIONhistory →COM1.54%$7M152.0K
30RETAIL OPPORTUNITY INVTS CORCOM1.52%$7M482.8K
31ENSENERSYShistory →COM1.52%$7M98.0K
32RGPRESOURCES CONNECTION INChistory →COM1.47%$7M381.5K
33AGOASSURED GUARANTY LTDhistory →COM1.47%$7M112.2K
34SYNEOS HEALTH INCCL A1.46%$7M189.7K
35CATYCATHAY GEN BANCORPhistory →COM1.46%$7M170.3K
36OZKBANK OZK LITTLE ROCK ARKhistory →COM1.43%$7M170.3K
37ATIATI INChistory →COM1.40%$7M224.0K
38PDC ENERGY INCCOM1.40%$7M105.3K
39CMRCBIGCOMMERCE HLDGS INChistory →COM SER 11.40%$7M763.6K
40OPLNKAR AUCTION SVCS INChistory →COM1.38%$7M505.4K
41LIBERTY LATIN AMERICA LTDCOM CL A1.33%$6M840.3K
42DESPEGAR COM CORPORD SHS1.31%$6M1.22M
43LECOLINCOLN ELEC HLDGS INChistory →COM1.27%$6M41.8K
44ACHCACADIA HEALTHCARE COMPANY INhistory →COM1.22%$6M70.5K
45POSTPOST HLDGS INChistory →COM1.18%$6M62.1K
46DIEBOLD NIXDORF INCCOM STK1.15%$5M3.87M
47TEXTEREX CORP NEWhistory →COM1.14%$5M126.9K
48VVVVALVOLINE INChistory →COM1.12%$5M163.9K
49CRKCOMSTOCK RES INChistory →COM1.10%$5M382.0K
50NPOENPRO INDS INChistory →COM1.09%$5M47.9K
51APAMARTISAN PARTNERS ASSET MGMThistory →CL A1.09%$5M174.3K
52SLMSLM CORPhistory →COM1.07%$5M306.6K
53ZWSZURN ELKAY WATER SOLNS CORPhistory →COM1.06%$5M238.3K
54BUSEFIRST BUSEY CORPhistory →COM NEW1.04%$5M201.2K
55BRBRBELLRING BRANDS INCCOMMON STOCK0.98%$5M182.6K
56ESNTESSENT GROUP LTDCOM0.92%$4M112.7K
57REZIRESIDEO TECHNOLOGIES INCCOM0.80%$4M230.9K
58EHCENCOMPASS HEALTH CORPCOM0.21%$1M16.8K
59HASHASBRO INCCOM0.19%$921,37315.1K
60FRCBFIRST REP BK SAN FRANCISCO CCOM0.18%$870,9047.1K
61AMEAMETEK INCCOM0.17%$806,8835.8K
62FANGDIAMONDBACK ENERGY INCCOM0.15%$733,9615.4K
63NDAQNASDAQ INCCOM0.15%$706,44511.5K
64EWBCEAST WEST BANCORP INCCOM0.15%$705,26210.7K
65RRXREGAL REXNORD CORPORATIONCOM0.15%$693,9645.8K
66BRXBRIXMOR PPTY GROUP INCCOM0.14%$661,05729.2K
67OSKOSHKOSH CORPCOM0.14%$660,0147.5K
68WTFCWINTRUST FINL CORPCOM0.14%$655,0307.8K
69ESTCELASTIC N VORD SHS0.13%$640,14512.4K
70CATALENT INCCOM0.13%$618,30213.7K
71SYNOVUS FINL CORPCOM NEW0.13%$615,21916.4K
72GGENPACT LIMITEDSHS0.13%$601,46513.0K
73WABWABTECCOM0.13%$596,2656.0K
74EQTEQT CORPCOM0.12%$575,00917.0K
75LKQLKQ CORPCOM0.12%$572,92910.7K
76WESTROCK COCOM0.11%$518,46914.7K
77CHARLES RIV LABS INTL INCCOM0.11%$513,1552.4K
78ELANELANCO ANIMAL HEALTH INCCOM0.11%$509,29341.7K
79FLEETCOR TECHNOLOGIES INCCOM0.11%$502,9162.7K
80RNRRENAISSANCERE HLDGS LTDCOM0.10%$495,2102.7K
81OVVOVINTIV INCCOM0.09%$420,2848.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$771,938114May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$27M48Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$26M48Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$150M89Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$140M88May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$171M86Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$202M86Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$196M85Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$302M85May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$420M81Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$416M75Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$444M75Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$433M77May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$476M81Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$476M80Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$534M85Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$823M88May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$878M87Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$842M89Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$805M89Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$797M89May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$719M88Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$564M89Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$544M91Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$450M91May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$715M82Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$719M85Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$734M86Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$752M82May 13, 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 ↗.