Sapience Investments, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Sapience Investments, LLC reported 86 stock positions worth $171.3 million. Its top holding was Webster Financial (WBS) at 2.8% of the portfolio, followed by Six Flags Entertainment (FUN, 2.4%) and Wintrust Financial (WTFC, 2.3%). Compared with Q3 2024, it opened 5 new positions, sold out of 5, added to 9 and reduced 72. The biggest buy was a new position in Brady Class A (BRC) and the biggest sale Treehouse Foods (THS, shares −61%).

Most Recent 13F
Q1 2026
Location
Irvine, CA
CIK
0001682598
Portfolio Value
$171.3M (Q4 2024)
SEC Filing
0001172661-25-000914 ↗ filed Feb 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $301.7M Q1 2024 Q2 2024: $195.7M Q2 2024 Q3 2024: $202.2M Q3 2024 Q4 2024: $171.3M $171.3M Q4 2024 Q1 2025: $139.9M Q1 2025 Q2 2025: $149.7M Q2 2025 Q3 2025: $25.5M Q3 2025 Q4 2025: $26.5M Q4 2025 Q1 2026: $772K Q1 2026

Holdings 86 stocks · $171.3M

WBS Webster Financial Corp. 2.78% 86,175 $4.8M Reduce -22.1%
FUN Six Flags Entertainment Corp. 2.42% 85,973 $4.1M Reduce -15.5%
WTFC Wintrust Financial Corp. 2.34% 32,108 $4.0M Reduce -15.7%
HR Healthcare Realty Trust Inc. 2.24% 226,822 $3.8M Reduce -15.6%
IDA Idacorp Inc. 2.20% 34,535 $3.8M Reduce -15.7%
IART Integra Lifesciences Holding 2.18% 164,775 $3.7M Add +17.7%
PZZA Papa John's Intl Inc. 2.14% 89,159 $3.7M Add +22.9%
GBCI Glacier Bancorp Inc. 2.07% 70,602 $3.5M Reduce -26.6%
OPLN Openlane Inc. 2.05% 176,805 $3.5M Reduce -24.1%
NGVT Ingevity Corp. 2.01% 84,529 $3.4M Reduce -15.5%
POST Post Holdings Inc. filed as POST HLDGS INC 1.99% 29,727 $3.4M Add +2.0%
ACHC Acadia Healthcare Co. Inc. 1.83% 78,885 $3.1M Add +64.9%
BANR Banner Corporation 1.83% 46,826 $3.1M Reduce -23.9%
ESAB Esab Corp. 1.79% 25,547 $3.1M Reduce -20.4%
BPOP Popular Inc. 1.75% 31,811 $3.0M Reduce -15.8%
PLAY Dave & Buster's Entertainmen 1.72% 101,022 $2.9M Add +49.6%
VITL Vital Farms Inc. 1.71% 77,698 $2.9M Add +15.2%
ABCB Ameris Bancorp 1.71% 46,685 $2.9M Reduce -14.1%
LECO Lincoln Electric Holdings 1.67% 15,296 $2.9M Reduce -0.6%
KRC Kilroy Realty Corp. 1.65% 69,865 $2.8M Add +20.0%
FRSH Freshworks Inc. Class A 1.65% 174,594 $2.8M Add +15.1%
ATI Ati Inc. 1.61% 50,038 $2.8M Reduce -15.5%
CRK Comstock Resources Inc. 1.54% 144,828 $2.6M Reduce -27.7%
CDP Copt Defense Properties 1.53% 84,894 $2.6M Reduce -29.4%
UCTT Ultra Clean Holdings Inc. 1.50% 71,335 $2.6M Reduce -15.7%
CWK Cushman & Wakefield UK Holdc 1.49% 194,991 $2.6M Reduce -1.2%
USFD US Foods Holding Corp. 1.47% 37,436 $2.5M Reduce -27.4%
BRC Brady Corporation Class A 1.47% 34,106 $2.5M New
NPO Enpro Inc. 1.44% 14,253 $2.5M Reduce -14.1%
ATMU Atmus Filtration Technologie 1.41% 61,440 $2.4M Add +24.0%
HWC Hancock Whitney Corp. 1.39% 43,502 $2.4M Reduce -14.1%
KEX Kirby Corp. 1.37% 22,218 $2.4M Reduce -24.3%
VNOM Viper Energy Inc. 1.35% 47,257 $2.3M Reduce -14.1%
CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC 1.33% 373,210 $2.3M Reduce -14.1%
EYE National Vision Holdings Inc. 1.33% 218,456 $2.3M Reduce -15.6%
AGO Assured Guaranty Ltd. 1.33% 25,247 $2.3M Reduce -14.1%
EVTC Evertec Inc. 1.32% 65,669 $2.3M Reduce -14.1%
ZWS Zurn Elkay Water Solutions C 1.32% 60,608 $2.3M Reduce -21.5%
FHB First Hawaiian Inc. 1.30% 85,938 $2.2M Reduce -14.1%
SKWD Skyward Specialty Insurance 1.29% 43,865 $2.2M Reduce -40.2%
ELAN Elanco Animal Health Inc. 1.28% 181,413 $2.2M Reduce -15.5%
NTB Bank of N.T. Butterfield&son 1.26% 59,171 $2.2M Reduce -14.1%
CHX Championx Corp. 1.26% 79,415 $2.2M Reduce -14.1%
VRNS Varonis Systems Inc. 1.24% 47,627 $2.1M Reduce -5.7%
AHCO Adapthealth Corp. 1.19% 214,420 $2.0M Reduce -14.1%
THS Treehouse Foods Inc. 1.17% 57,161 $2.0M Reduce -60.9%
LITE Lumentum Holdings Inc. 1.16% 23,626 $2.0M Reduce -25.6%
CXT Crane NXT Co. 1.15% 33,869 $2.0M New
ESNT Essent Group Ltd. 1.13% 35,632 $1.9M Reduce -24.9%
FOUR SHIFT4 Payments Inc. Class A 1.11% 18,388 $1.9M Reduce -31.6%
BDC Belden Inc. 1.11% 16,923 $1.9M Reduce -14.1%
CAKE The Cheesecake Factory Inc. 1.08% 39,136 $1.9M New
LBRT Liberty Energy Inc. 1.06% 91,469 $1.8M Reduce -14.1%
OZK Bank Ozk 1.05% 40,398 $1.8M Reduce -14.1%
HAYW Hayward Holdings Inc. 1.04% 116,460 $1.8M Reduce -14.1%
POR Portland General Electric Co. 1.04% 40,797 $1.8M Reduce -14.1%
HLIO Helios Technologies Inc. 1.03% 39,447 $1.8M Reduce -14.1%
BRBR Bellring Brands Inc. 0.95% 21,702 $1.6M Reduce -24.1%
NOG Northern Oil and Gas Inc. 0.93% 42,859 $1.6M Reduce -14.1%
WHD Cactus Inc. Class A 0.91% 26,592 $1.6M Reduce -14.1%
PLYM Plymouth Industrial REIT Inc. 0.90% 87,063 $1.5M Reduce -14.1%
BUSE First Busey Corp. 0.88% 64,138 $1.5M Reduce -14.1%
TEX Terex Corp. 0.79% 29,372 $1.4M Reduce -14.1%
AME Ametek Inc. 0.40% 3,773 $680K Reduce -21.7%
PR Permian Resources Corp. Class A 0.38% 44,988 $647K Reduce -23.3%
AIT Applied Industrial Tech Inc. 0.35% 2,484 $595K Reduce -23.7%
EHC Encompass Health Corp. 0.33% 6,101 $563K Reduce -23.6%
NCLH Norwegian Cruise Line Holdin 0.32% 21,540 $554K New
HAS Hasbro Inc. 0.32% 9,893 $553K Reduce -22.2%
CPAY Corpay Inc. 0.32% 1,631 $552K Reduce -23.6%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.32% 11,268 $543K Reduce -23.6%
RRX Regal Rexnord Corp. 0.32% 3,496 $542K Reduce -23.3%
RNR Renaissancere Holdings Ltd. 0.31% 2,128 $529K Reduce -23.3%
BRX Brixmor Property Group Inc. 0.30% 18,592 $518K Reduce -23.6%
EWBC East West Bancorp Inc. 0.29% 5,274 $505K Reduce -35.0%
ESTC Elastic NV 0.29% 5,006 $496K Reduce -42.0%
SW Smurfit Westrock PLC 0.29% 9,174 $494K Reduce -31.8%
WAB Wabtec Corp. 0.29% 2,579 $489K Reduce -37.1%
JLL Jones Lang Lasalle Inc. 0.28% 1,893 $479K Reduce -23.6%
EQT Eqt Corp. 0.27% 10,095 $465K Reduce -29.6%
FLEX Flex Ltd. 0.26% 11,795 $453K Reduce -23.6%
SLGN Silgan Holdings Inc. 0.26% 8,517 $443K Reduce -23.7%
COHR Coherent Corp. 0.26% 4,636 $439K Reduce -23.6%
NDSN Nordson Corp. 0.21% 1,747 $366K Reduce -23.4%
OKTA Okta Inc. 0.21% 4,519 $356K New
WFRD Weatherford International PL 0.16% 3,913 $280K Reduce -23.5%

Portfolio Sells Q3 2024 → Q4 2024

THS Treehouse Foods Inc. Reduce -60.9% 1.17% −1.86
LILA Liberty Latin Americ Class A Sold out 0.00% −1.77
DESP Despegar.com Corp. Sold out 0.00% −1.57
ROIC Retail Opportunity Investmen Sold out 0.00% −1.14
CDMO Avid Bioservices Inc. Sold out 0.00% −1.14
KEX Kirby Corp. Reduce -24.3% 1.37% −0.40
ESNT Essent Group Ltd. Reduce -24.9% 1.13% −0.38
ATI Ati Inc. Reduce -15.5% 1.61% −0.35
ELAN Elanco Animal Health Inc. Reduce -15.5% 1.28% −0.28
CDP Copt Defense Properties Reduce -29.4% 1.53% −0.27
CRL Charles River Laboratories Sold out 0.00% −0.23
PLYM Plymouth Industrial REIT Inc. Reduce -14.1% 0.90% −0.23
AHCO Adapthealth Corp. Reduce -14.1% 1.19% −0.20
SKWD Skyward Specialty Insurance Reduce -40.2% 1.29% −0.18
VRNS Varonis Systems Inc. Reduce -5.7% 1.24% −0.18
UCTT Ultra Clean Holdings Inc. Reduce -15.7% 1.50% −0.17
HR Healthcare Realty Trust Inc. Reduce -15.6% 2.24% −0.17
HAS Hasbro Inc. Reduce -22.2% 0.32% −0.13
BPOP Popular Inc. Reduce -15.8% 1.75% −0.13
CHX Championx Corp. Reduce -14.1% 1.26% −0.12
GBCI Glacier Bancorp Inc. Reduce -26.6% 2.07% −0.10
TEX Terex Corp. Reduce -14.1% 0.79% −0.10
USFD US Foods Holding Corp. Reduce -27.4% 1.47% −0.10
POR Portland General Electric Co. Reduce -14.1% 1.04% −0.09
WAB Wabtec Corp. Reduce -37.1% 0.29% −0.08
NDSN Nordson Corp. Reduce -23.4% 0.21% −0.08
BUSE First Busey Corp. Reduce -14.1% 0.88% −0.08
EYE National Vision Holdings Inc. Reduce -15.6% 1.33% −0.07
RNR Renaissancere Holdings Ltd. Reduce -23.3% 0.31% −0.06
FOUR SHIFT4 Payments Inc. Class A Reduce -31.6% 1.11% −0.06
RRX Regal Rexnord Corp. Reduce -23.3% 0.32% −0.06
HLIO Helios Technologies Inc. Reduce -14.1% 1.03% −0.06
ZWS Zurn Elkay Water Solutions C Reduce -21.5% 1.32% −0.05
EHC Encompass Health Corp. Reduce -23.6% 0.33% −0.05
WFRD Weatherford International PL Reduce -23.5% 0.16% −0.05
JLL Jones Lang Lasalle Inc. Reduce -23.6% 0.28% −0.05
SW Smurfit Westrock PLC Reduce -31.8% 0.29% −0.04
ESTC Elastic NV Reduce -42.0% 0.29% −0.04
EWBC East West Bancorp Inc. Reduce -35.0% 0.29% −0.04
BRX Brixmor Property Group Inc. Reduce -23.6% 0.30% −0.03
SLGN Silgan Holdings Inc. Reduce -23.7% 0.26% −0.03
BDC Belden Inc. Reduce -14.1% 1.11% −0.03
PR Permian Resources Corp. Class A Reduce -23.3% 0.38% −0.02
AL Sumisho Air Lease Corp. Reduce -23.6% 0.32% −0.01
AME Ametek Inc. Reduce -21.7% 0.40% −0.01
AIT Applied Industrial Tech Inc. Reduce -23.7% 0.35% −0.01
COHR Coherent Corp. Reduce -23.6% 0.26% −0.01
CPAY Corpay Inc. Reduce -23.6% 0.32% −0.01
WHD Cactus Inc. Class A Reduce -14.1% 0.91% −0.01
NTB Bank of N.T. Butterfield&son Reduce -14.1% 1.26% +0.01

Portfolio Buys Q3 2024 → Q4 2024

BRC Brady Corporation Class A New 1.47% +1.47
CXT Crane NXT Co. New 1.15% +1.15
CAKE The Cheesecake Factory Inc. New 1.08% +1.08
IART Integra Lifesciences Holding Add +17.7% 2.18% +0.92
FRSH Freshworks Inc. Class A Add +15.1% 1.65% +0.79
PLAY Dave & Buster's Entertainmen Add +49.6% 1.72% +0.58
VITL Vital Farms Inc. Add +15.2% 1.71% +0.54
KRC Kilroy Realty Corp. Add +20.0% 1.65% +0.54
ATMU Atmus Filtration Technologie Add +24.0% 1.41% +0.49
ACHC Acadia Healthcare Co. Inc. Add +64.9% 1.83% +0.33
NCLH Norwegian Cruise Line Holdin New 0.32% +0.32
POST Post Holdings Inc. Add +2.0% 1.99% +0.32
OKTA Okta Inc. New 0.21% +0.21
PZZA Papa John's Intl Inc. Add +22.9% 2.14% +0.21

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 114$772KCOHR, RRX, OPLN, WTFC, ACHC
Q4 2025 48$26.5MNCLH, ELF, WBS, ATI, TWLO
Q3 2025 48$25.5MCOHR, ATI, WBS, RRX, BRBR
Q2 2025 89$149.7MWBS, WTFC, FUN, PZZA, BPOP
Q1 2025 88$139.9MWBS, IDA, IART, WTFC, HR
Q4 2024 86$171.3MWBS, FUN, WTFC, HR, IDA
Q3 2024 86$202.2MTHS, WBS, HR, GBCI, IDA
Q2 2024 85$195.7MSIX, THS, WBS, HR, ACHC
Q1 2024 85$301.7MTHS, SRCL, WBS, SIX, KEX