SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Sapience Investments, LLC

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

Reported Value
$416M
Q3 2023
Positions
75
Filings on Record
29
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Sapience Investments, LLC reported $416M in U.S.-listed holdings across 75 positions for Q3 2023.

Its largest position, USFD, represents 3.1% of the portfolio.

Compared with Q2 2023, the fund opened 4 new positions and exited 4.

Portfolio Metrics

Turnover
+6.9%
vs prior filed quarter
Top-10 Concentration
+26.5%
share of reported value
Largest Position
+3.1%
US Foods Hldg
New / Exited
4 / 4
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: 85.7%REIT: 7.3%Other: 7.0%
  • Common Stock · 85.7% · $356M
  • REIT · 7.3% · $30M
  • Other · 7.0% · $29M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NOGNORTHERN OIL & GAS INCNEW+171.7K171.7K+$7M$7M
NGVTINGEVITY CORPNEW+141.7K141.7K+$7M$7M
HAYWHAYWARD HLDGS INCNEW+317.9K317.9K+$4M$4M
SLGNSILGAN HLDGS INCNEW+11.2K11.2K+$481,108$481,108
CPRICAPRI HOLDINGS LIMITEDSOLD OUT−258.7K0−$9M$0
PDC ENERGY INCSOLD OUT−98.4K0−$7M$0
NEW RELIC INCSOLD OUT−95.8K0−$6M$0
REZIRESIDEO TECHNOLOGIES INCSOLD OUT−254.7K0−$4M$0

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

Holdings — Q3 2023

75 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USFDUS FOODS HLDG CORPhistory →COM3.12%$13M326.5K
2THSTREEHOUSE FOODS INChistory →COM3.11%$13M296.8K
3WBSWEBSTER FINL CORPhistory →COM2.78%$12M286.9K
4FUNSIX FLAGS ENTMT CORP NEWhistory →COM2.70%$11M477.2K
5STERICYCLE INCCOM2.69%$11M250.5K
6LBRTLIBERTY ENERGY INChistory →COM CL A2.50%$10M562.0K
7IDAIDACORP INChistory →COM2.43%$10M107.9K
8VRNSVARONIS SYS INChistory →COM2.42%$10M329.9K
9KEXKIRBY CORPhistory →COM2.42%$10M121.4K
10VIPER ENERGY PARTNERS LPCOM UNT RP INT2.33%$10M348.1K
11POSTPOST HLDGS INChistory →COM2.26%$9M109.6K
12IARTINTEGRA LIFESCIENCES HLDGS Chistory →COM NEW2.26%$9M245.7K
13OPLNOPENLANE INChistory →COM2.18%$9M608.3K
14NVSTENVISTA HOLDINGS CORPORATIONhistory →COM2.13%$9M318.1K
15NTBBANK OF NT BUTTERFIELD&SON Lhistory →SHS NEW2.08%$9M318.8K
16HRHEALTHCARE RLTY TRhistory →CL A COM2.04%$8M555.0K
17CMRCBIGCOMMERCE HLDGS INChistory →COM SER 12.04%$8M858.6K
18CDPCOPT DEFENSE PROPERTIEShistory →SHS BEN INT1.98%$8M345.8K
19CHAMPIONX CORPORATIONCOM1.97%$8M230.1K
20PHYSICIANS RLTY TRCOM1.89%$8M646.6K
21BPOPPOPULAR INChistory →COM NEW1.88%$8M124.0K
22WTFCWINTRUST FINL CORPhistory →COM1.84%$8M101.2K
23ABCBAMERIS BANCORPhistory →COM1.78%$7M193.0K
24ACHCACADIA HEALTHCARE COMPANY INhistory →COM1.72%$7M102.0K
25EYENATIONAL VISION HLDGS INChistory →COM1.71%$7M440.5K
26ESABESAB CORPORATIONhistory →COM1.71%$7M101.5K
27ESNTESSENT GROUP LTDhistory →COM1.70%$7M149.3K
28ARCOS DORADOS HOLDINGS INCSHS CLASS -A -1.67%$7M735.0K
29NOGNORTHERN OIL & GAS INChistory →COM1.66%$7M171.7K
30BANRBANNER CORPhistory →COM NEW1.62%$7M159.2K
31NGVTINGEVITY CORPhistory →COM1.62%$7M141.7K
32PORPORTLAND GEN ELEC COhistory →COM NEW1.59%$7M163.8K
33ZWSZURN ELKAY WATER SOLNS CORPhistory →COM1.54%$6M228.6K
34DESPEGAR COM CORPORD SHS1.51%$6M868.3K
35CRKCOMSTOCK RES INChistory →COM1.48%$6M559.3K
36LIBERTY LATIN AMERICA LTDCOM CL A1.48%$6M752.8K
37AGOASSURED GUARANTY LTDhistory →COM1.47%$6M101.2K
38TEXTEREX CORP NEWhistory →COM1.43%$6M103.2K
39LECOLINCOLN ELEC HLDGS INChistory →COM1.42%$6M32.5K
40ENSENERSYShistory →COM1.40%$6M61.6K
41BRBRBELLRING BRANDS INChistory →COMMON STOCK1.38%$6M139.3K
42ELANELANCO ANIMAL HEALTH INChistory →COM1.37%$6M507.0K
43CAKECHEESECAKE FACTORY INChistory →COM1.35%$6M185.4K
44RETAIL OPPORTUNITY INVTS CORCOM1.30%$5M435.3K
45FHBFIRST HAWAIIAN INChistory →COM1.29%$5M296.2K
46NPOENPRO INDS INChistory →COM1.26%$5M43.4K
47HWCHANCOCK WHITNEY CORPORATIONhistory →COM1.22%$5M137.3K
48ATIATI INChistory →COM1.21%$5M122.2K
49HLIOHELIOS TECHNOLOGIES INChistory →COM1.18%$5M88.8K
50AMEDAMEDISYS INChistory →COM1.15%$5M51.1K
51HAYWHAYWARD HLDGS INChistory →COM1.08%$4M317.9K
52OZKBANK OZK LITTLE ROCK ARKhistory →COM1.03%$4M116.1K
53BUSEFIRST BUSEY CORPhistory →COM NEW1.02%$4M221.1K
54AHCOADAPTHEALTH CORPCOMMON STOCK0.98%$4M449.8K
55GBCIGLACIER BANCORP INC NEWCOM0.92%$4M134.8K
56HASHASBRO INCCOM0.20%$835,34812.6K
57AMEAMETEK INCCOM0.17%$714,1244.8K
58FANGDIAMONDBACK ENERGY INCCOM0.17%$696,1864.5K
59RRXREGAL REXNORD CORPORATIONCOM0.17%$692,1114.8K
60EHCENCOMPASS HEALTH CORPCOM0.16%$656,2209.8K
61RNRRENAISSANCERE HLDGS LTDCOM0.16%$649,1783.3K
62CATALENT INCCOM0.16%$648,75714.2K
63WESTROCK COCOM0.15%$615,22317.2K
64EQTEQT CORPCOM0.14%$585,52914.4K
65WABWABTECCOM0.13%$529,9685.0K
66EWBCEAST WEST BANCORP INCCOM0.13%$529,78810.1K
67TWLOTWILIO INCCL A0.13%$529,7559.1K
68NDSNNORDSON CORPCOM0.12%$509,2742.3K
69BRXBRIXMOR PPTY GROUP INCCOM0.12%$505,86824.3K
70SDASEALED AIR CORP NEWCOM0.12%$486,55814.8K
71SLGNSILGAN HLDGS INCCOM0.12%$481,10811.2K
72CHARLES RIV LABS INTL INCCOM0.11%$461,1412.4K
73FLEETCOR TECHNOLOGIES INCCOM0.10%$400,8841.6K
74OVVOVINTIV INCCOM0.09%$395,1168.3K
75NDAQNASDAQ INCCOM0.06%$256,0695.3K

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 ↗.