Intrinsic Edge Capital Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Intrinsic Edge Capital Management LLC reported 91 stock positions worth $737.7 million. Its top holding was Primoris Services (PRIM) at 4.2% of the portfolio, followed by Camping World Class A (CWH, 3.3%) and WNS (WNS, 3.0%). Compared with Q3 2024, it opened 33 new positions, sold out of 35, added to 17 and reduced 26. The biggest buy was a new position in WNS (WNS) and the biggest sale an exit from Zoominfo Technologies (GTM).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001671754
Portfolio Value
$737.7M (Q4 2024)
SEC Filing
0001415889-25-004000 ↗ filed Feb 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $807.2M Q3 2024 Q4 2024: $737.7M $737.7M Q4 2024 Q1 2025: $477.0M Q1 2025 Q2 2025: $662.7M Q2 2025 Q3 2025: $658.6M Q3 2025 Q4 2025: $515.4M Q4 2025 Q1 2026: $549.1M Q1 2026 Q2 2026: $811.5M Q2 2026

Holdings 91 stocks · $737.7M
PRIM Primoris Services Corp. 4.24% 409,744 $31.3M Add +81.1%
CWH Camping World Holdings Inc. Class A 3.27% 1,143,190 $24.1M Add +62.1%
WNS WNS Holdings Ltd. filed as WNS HLDGS LTD 2.97% 461,670 $21.9M New
BLBD Blue Bird Corp. 2.83% 540,435 $20.9M Add +540.2%
AIT Applied Industrial Tech Inc. 2.77% 85,392 $20.4M New
OSIS Osi Systems Inc. 2.47% 108,812 $18.2M Add +133.2%
GLW Corning Inc. 2.41% 374,135 $17.8M New
HOV Hovnanian Enterprises-A 2.38% 131,379 $17.6M Add +138.5%
CRS Carpenter Technology 2.30% 100,000 $17.0M No change
FIVN FIVE9 Inc. 2.30% 417,000 $16.9M Add +14.4%
ZETA Zeta Global Holdings Corp. Class A 2.29% 938,041 $16.9M New
KNF Knife River Corp. 2.13% 154,676 $15.7M New
MTZ Mastec Inc. 2.10% 113,698 $15.5M Reduce -44.2%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 2.10% 170,329 $15.5M Reduce -56.5%
RSI Rush Street Interactive Inc. 2.07% 1,114,943 $15.3M Reduce -45.6%
GVA Granite Construction Inc. 2.07% 174,327 $15.3M Reduce -8.1%
RAMP Liveramp Holdings Inc. 2.02% 491,849 $14.9M New
HAE Haemonetics Corp. 1.98% 187,330 $14.6M Add +72.5%
CLS Celestica Inc. 1.90% 151,473 $14.0M Reduce -70.6%
LITE Lumentum Holdings Inc. 1.83% 161,102 $13.5M Reduce -35.7%
ATEC Alphatec Holdings Inc. 1.81% 1,457,928 $13.4M Add +324.4%
GPI Group 1 Automotive Inc. 1.69% 29,600 $12.5M Add +48.7%
ALSN Allison Transmission Holding 1.67% 113,823 $12.3M Reduce -38.2%
GLD SPDR Gold Shares 1.64% 50,000 $12.1M No change
MGNI Magnite Inc. 1.55% 719,532 $11.5M Reduce -46.4%
PAR Par Technology Corp. 1.54% 156,748 $11.4M New
GLOB Globant SA 1.50% 51,463 $11.0M New
CVCO Cavco Industries Inc. 1.43% 23,656 $10.6M Reduce -40.9%
STKL Sunopta Inc. 1.37% 1,308,584 $10.1M Add +40.4%
HLF Herbalife Ltd. 1.33% 1,469,804 $9.8M New
CORT Corcept Therapeutics Inc. 1.27% 186,150 $9.4M No change
CRTO Criteo SA-Spon 1.25% 232,834 $9.2M New
FSLY Fastly Inc. Class A 1.20% 936,169 $8.8M Reduce -63.5%
BRKR Bruker Corp. 1.19% 150,000 $8.8M New
HEI Heico Corp. 1.06% 32,983 $7.8M Add +43.5%
AZZ Azz Inc. 1.02% 91,557 $7.5M New
ARLO Arlo Technologies Inc. 1.02% 669,475 $7.5M Reduce -40.6%
HOOD Robinhood Markets Inc. Class A 1.01% 199,680 $7.4M No change
LPX Louisiana-Pacific Corp. 0.99% 70,175 $7.3M Reduce -63.1%
BAH Booz Allen Hamilton Holdings 0.98% 56,176 $7.2M Add +80.2%
CORZ Core Scientific Inc. 0.96% 506,176 $7.1M No change
MXL Maxlinear Inc. 0.90% 335,515 $6.6M Reduce -62.3%
PHR Phreesia Inc. 0.89% 261,543 $6.6M Reduce -5.0%
WLY Wiley (john) & Sons Class A 0.89% 150,082 $6.6M Add +25.1%
APLS Apellis Pharmaceuticals Inc. 0.87% 200,000 $6.4M New
FOLD Amicus Therapeutics Inc. 0.86% 673,900 $6.3M New
CSTL Castle Biosciences Inc. 0.84% 232,711 $6.2M Add +9.4%
ODFL Old Dominion Freight Line 0.82% 34,329 $6.1M Add +71.7%
RXO Rxo Inc. 0.81% 249,977 $6.0M Reduce -2.3%
EXTR Extreme Networks Inc. 0.79% 348,233 $5.8M Reduce -21.4%
NCLH Norwegian Cruise Line Holdin 0.77% 220,049 $5.7M No change
CDNA Caredx Inc. 0.74% 255,000 $5.5M New
SKY Champion Homes Inc. 0.73% 61,354 $5.4M Reduce -76.0%
BYRN Byrna Technologies Inc. 0.73% 186,288 $5.4M New
VCEL Vericel Corp. 0.72% 97,398 $5.3M Reduce -10.9%
CCOI Cogent Communications Holdin 0.71% 68,299 $5.3M Add +70.8%
KBR KBR Inc. 0.67% 84,944 $4.9M New
BTBT Bit Digital Inc. 0.64% 1,600,000 $4.7M No change
PSN Parsons Corp. 0.61% 49,171 $4.5M Reduce -44.9%
CARS Cars.com Inc. 0.60% 257,382 $4.5M New
GCO Genesco Inc. 0.59% 102,194 $4.4M Reduce -7.8%
TH Target Hospitality Corp. 0.59% 450,000 $4.3M New
KEX Kirby Corp. 0.58% 40,200 $4.3M No change
BAND Bandwidth Inc. Class A 0.51% 221,058 $3.8M Reduce -33.9%
DVN Devon Energy Corp. 0.50% 112,804 $3.7M No change
QNST Quinstreet Inc. 0.50% 160,000 $3.7M New
CSGP Costar Group Inc. 0.49% 50,000 $3.6M New
HAIN Hain Celestial Group Inc. 0.48% 574,188 $3.5M New
APA Apa Corp. 0.45% 142,156 $3.3M No change
AMLP Alerian MLP ETF 0.39% 60,000 $2.9M No change
LIND Lindblad Expeditions Holding 0.33% 202,969 $2.4M New
WULF Terawulf Inc. 0.31% 403,733 $2.3M Add +38.9%
BSTZ BlackRock Sci & Tech TRM TR 0.28% 100,000 $2.1M No change
REAL BROKERAGE INC/THE filed as THE REAL BROKERAGE INC 0.28% 450,000 $2.1M New
URNM Sprott Uranium Miners ETF 0.27% 50,000 $2.0M New
TWI Titan International Inc. 0.27% 290,624 $2.0M New
KIDS Orthopediatrics Corp. 0.26% 83,981 $1.9M Reduce -74.2%
THQ Abrdn Healthcare Opport 0.26% 100,000 $1.9M No change
RRGB Red Robin Gourmet Burgers 0.24% 327,355 $1.8M Reduce -6.6%
WNC Wabash National Corp. 0.23% 100,000 $1.7M New
OC Owens Corning 0.23% 10,000 $1.7M New
OPK Opko Health Inc. 0.22% 1,100,000 $1.6M No change
GXO Gxo Logistics Inc. 0.21% 35,000 $1.5M Reduce -12.5%
XPOF Xponential Fitness Inc. Class A 0.20% 110,000 $1.5M New
ETHE Grayscale Ethereum Staking E 0.19% 50,000 $1.4M No change
SBH Sally Beauty Holdings Inc. 0.19% 130,689 $1.4M New
OTLY Oatly Group AB 0.17% 1,899,976 $1.3M New
CLSK Cleanspark Inc. 0.11% 84,735 $780K Reduce -66.6%
COIN Coinbase Global Inc. Class A 0.09% 2,818 $700K Reduce -71.8%
VIAV Viavi Solutions Inc. 0.05% 39,961 $404K New
DOUG Douglas Elliman Inc. 0.02% 100,000 $167K New

Options reported separately and not counted above: ISHARES BITCOIN TRUST ETF puts ($15.9M), CARPENTER TECHNOLOGY CORP puts ($8.5M), PRIMORIS SVCS CORP puts ($7.6M), GRAYSCALE BITCOIN TRUST ETF puts ($7.4M), MASTEC INC puts ($6.8M), GROUP 1 AUTOMOTIVE INC puts ($6.3M), CELESTICA INC puts ($5.5M), CHAMPION HOMES INC puts ($5.3M), CORCEPT THERAPEUTICS INC puts ($5.0M), FASTLY INC puts ($4.7M), BIT DIGITAL INC puts ($4.7M), PARSONS CORP DEL puts ($4.6M), and 1 more.

Portfolio Sells Q3 2024 → Q4 2024
GTM Zoominfo Technologies Inc. Sold out 0.00% −3.97
TRU Transunion Sold out 0.00% −2.85
THS Treehouse Foods Inc. Sold out 0.00% −2.53
IFF Intl Flavors & Fragrances Sold out 0.00% −2.28
SKY Champion Homes Inc. Reduce -76.0% 0.73% −2.27
BCO The Brink's Co. Sold out 0.00% −2.19
VITL Vital Farms Inc. Sold out 0.00% −2.19
CNXC Concentrix Corp. Sold out 0.00% −1.90
REVG Rev Group Inc. Sold out 0.00% −1.87
TPC Tutor Perini Corp. Sold out 0.00% −1.76
CVSA Covista Inc. Reduce -56.5% 2.10% −1.56
LPX Louisiana-Pacific Corp. Reduce -63.1% 0.99% −1.55
CLS Celestica Inc. Reduce -70.6% 1.90% −1.36
AAOI Applied Optoelectronics Inc. Sold out 0.00% −1.25
FSLY Fastly Inc. Class A Reduce -63.5% 1.20% −1.21
PGY Pagaya Technologies Ltd. Class A Sold out 0.00% −1.09
MTZ Mastec Inc. Reduce -44.2% 2.10% −1.01
AAPL Apple Inc. Sold out 0.00% −0.87
KIDS Orthopediatrics Corp. Reduce -74.2% 0.26% −0.83
MGNI Magnite Inc. Reduce -46.4% 1.55% −0.75
MXL Maxlinear Inc. Reduce -62.3% 0.90% −0.70
CVCO Cavco Industries Inc. Reduce -40.9% 1.43% −0.69
RSI Rush Street Interactive Inc. Reduce -45.6% 2.07% −0.68
ARLO Arlo Technologies Inc. Reduce -40.6% 1.02% −0.67
EAT Brinker International Inc. Sold out 0.00% −0.66
TDG Transdigm Group Inc. Sold out 0.00% −0.63
TDW Tidewater Inc. Sold out 0.00% −0.62
PSN Parsons Corp. Reduce -44.9% 0.61% −0.53
PATK Patrick Industries Inc. Sold out 0.00% −0.53
ALSN Allison Transmission Holding Reduce -38.2% 1.67% −0.53
VSEC Vse Corp. Sold out 0.00% −0.52
ATI Ati Inc. Sold out 0.00% −0.50
ROCK Gibraltar Industries Inc. Sold out 0.00% −0.45
TXRH Texas Roadhouse Inc. Sold out 0.00% −0.44
SHOE Shoe Station Group Inc. Sold out 0.00% −0.43
NICE Nice Ltd. - Spon ADR Sold out 0.00% −0.43
XPRO Expro Group Holdings NV Sold out 0.00% −0.43
LNWO Light & Wonder Inc. Sold out 0.00% −0.39
HURN Huron Consulting Group Inc. Sold out 0.00% −0.37
FLYW Flywire Corp.-Voting Sold out 0.00% −0.36
JAMF Jamf Holding Corp. Sold out 0.00% −0.34
ECL Ecolab Inc. Sold out 0.00% −0.32
SEZL Sezzle Inc. Sold out 0.00% −0.29
KNTK Kinetik Holdings Inc. Sold out 0.00% −0.29
RDFN Redfin Corp. Sold out 0.00% −0.26
ELF Elf Beauty Inc. Sold out 0.00% −0.25
GO Grocery Outlet Holding Corp. Sold out 0.00% −0.22
BAND Bandwidth Inc. Class A Reduce -33.9% 0.51% −0.22
CLSK Cleanspark Inc. Reduce -66.6% 0.11% −0.19
LITE Lumentum Holdings Inc. Reduce -35.7% 1.83% −0.13

Portfolio Buys Q3 2024 → Q4 2024
WNS WNS Holdings Ltd. New 2.97% +2.97
AIT Applied Industrial Tech Inc. New 2.77% +2.77
PRIM Primoris Services Corp. Add +81.1% 4.24% +2.62
GLW Corning Inc. New 2.41% +2.41
BLBD Blue Bird Corp. Add +540.2% 2.83% +2.33
ZETA Zeta Global Holdings Corp. Class A New 2.29% +2.29
KNF Knife River Corp. New 2.13% +2.13
RAMP Liveramp Holdings Inc. New 2.02% +2.02
OSIS Osi Systems Inc. Add +133.2% 2.47% +1.59
ATEC Alphatec Holdings Inc. Add +324.4% 1.81% +1.58
PAR Par Technology Corp. New 1.54% +1.54
GLOB Globant SA New 1.50% +1.50
HLF Herbalife Ltd. New 1.33% +1.33
CRTO Criteo SA-Spon New 1.25% +1.25
BRKR Bruker Corp. New 1.19% +1.19
CWH Camping World Holdings Inc. Class A Add +62.1% 3.27% +1.15
AZZ Azz Inc. New 1.02% +1.02
FIVN FIVE9 Inc. Add +14.4% 2.30% +1.00
HOV Hovnanian Enterprises-A Add +138.5% 2.38% +0.99
HAE Haemonetics Corp. Add +72.5% 1.98% +0.90
APLS Apellis Pharmaceuticals Inc. New 0.87% +0.87
FOLD Amicus Therapeutics Inc. New 0.86% +0.86
GPI Group 1 Automotive Inc. Add +48.7% 1.69% +0.75
CDNA Caredx Inc. New 0.74% +0.74
BYRN Byrna Technologies Inc. New 0.73% +0.73
KBR KBR Inc. New 0.67% +0.67
STKL Sunopta Inc. Add +40.4% 1.37% +0.63
CARS Cars.com Inc. New 0.60% +0.60
TH Target Hospitality Corp. New 0.59% +0.59
QNST Quinstreet Inc. New 0.50% +0.50
CSGP Costar Group Inc. New 0.49% +0.49
HAIN Hain Celestial Group Inc. New 0.48% +0.48
BAH Booz Allen Hamilton Holdings Add +80.2% 0.98% +0.35
CCOI Cogent Communications Holdin Add +70.8% 0.71% +0.34
ODFL Old Dominion Freight Line Add +71.7% 0.82% +0.33
LIND Lindblad Expeditions Holding New 0.33% +0.33
HEI Heico Corp. Add +43.5% 1.06% +0.32
REAL BROKERAGE INC/THE New 0.28% +0.28
URNM Sprott Uranium Miners ETF New 0.27% +0.27
TWI Titan International Inc. New 0.27% +0.27
WNC Wabash National Corp. New 0.23% +0.23
OC Owens Corning New 0.23% +0.23
XPOF Xponential Fitness Inc. Class A New 0.20% +0.20
SBH Sally Beauty Holdings Inc. New 0.19% +0.19
WLY Wiley (john) & Sons Class A Add +25.1% 0.89% +0.17
OTLY Oatly Group AB New 0.17% +0.17
WULF Terawulf Inc. Add +38.9% 0.31% +0.14
CSTL Castle Biosciences Inc. Add +9.4% 0.84% +0.09
VIAV Viavi Solutions Inc. New 0.05% +0.05
DOUG Douglas Elliman Inc. New 0.02% +0.02

Options Activity Q3 2024 → Q4 2024
ISHARES BITCOIN TRUST ETF put New 300,000 $15.9M
CARPENTER TECHNOLOGY CORP put New 50,000 $8.5M
VITL Vital Farms Inc. put Sold out 218,200 $7.7Mbefore exit
PRIMORIS SVCS CORP put New 100,000 $7.6M
GRAYSCALE BITCOIN TRUST ETF put New 100,000 $7.4M
MASTEC INC put New 50,000 $6.8M
ARRY Array Technologies Inc. call Sold out 1,000,000 $6.6Mbefore exit
GROUP 1 AUTOMOTIVE INC put New 15,000 $6.3M
CELESTICA INC put New 60,000 $5.5M
CHAMPION HOMES INC put New 60,000 $5.3M
CORCEPT THERAPEUTICS INC put New 100,000 $5.0M
FASTLY INC put New 500,000 $4.7M
BIT DIGITAL INC put New 1,600,000 $4.7M
PARSONS CORP DEL put New 50,000 $4.6M
NORWEGIAN CRUISE LINE HLDGS put New 100,000 $2.6M
OPK Opko Health Inc. call Sold out 1,300,000 $1.9Mbefore exit
BTBT Bit Digital Inc. put Sold out 500,000 $1.8Mbefore exit
GTM Zoominfo Technologies Inc. call Sold out 100,000 $1.0Mbefore exit
ATEC Alphatec Holdings Inc. put Sold out 170,800 $950Kbefore exit
PGY Pagaya Technologies Ltd. Class A call Sold out 81,300 $859Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 102$811.5MARM, HUT, CRS, ARW, MCHP
Q1 2026 101$549.1MGLD, GLW, WSO, CEG, MCHP
Q4 2025 78$515.4MGLD, CLS, HUT, IRM, MIAX
Q3 2025 94$658.6MCLS, GLW, POWL, CSGP, HOOD
Q2 2025 82$662.7MCLS, WNS, CSGP, IRM, LEVI
Q1 2025 54$477.0MCWH, WNS, CLS, OSIS, BLBD
Q4 2024 91$737.7MPRIM, CWH, WNS, BLBD, AIT
Q3 2024 93$807.2MGTM, CVSA, CLS, MTZ, SKY
Q2 2024 129$1.0BNCLH, AVDX, IFF, GTLS, CAR
Q1 2024 123$1.2BMBLY, SMG, LRN, AVDX, RCL