Q3 2025 · 13F-HR
Intrinsic Edge Capital Management LLCholdings as filed
Filed 2025-11-12 · accession 0001671754-25-000008
$717.6M
Reported value
100
Positions
2025-09-30
Period end
The Brief · Intrinsic Edge Capital Management LLC · Q3 2025
AI · grounded in 13F
Intrinsic Edge Capital Management LLC exited its position in WNS HLDGS LTD, the largest move of the quarter with a reduction of $22.1M. The fund established new positions in POWL for $19.9M and MIAX for $14.0M. Additionally, the manager closed out holdings in OI, VITL, and RSI. Other activity included increasing share counts in OPLN by 518.5% and WLY by 197.1%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 15101Q207 | CLS | CELESTICA INC | $31.5M | 4.39% | 127,859 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $24.6M | 3.43% | 100,000 | PUT | SOLE |
| 219350105 | GLW | CORNING INC | $20.2M | 2.81% | 245,975 | Common | SOLE |
| 739128106 | POWL | POWELL INDS INC | $20.0M | 2.79% | 65,600 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $18.9M | 2.64% | 224,297 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $18.8M | 2.62% | 131,240 | Common | SOLE |
| 02081G201 | ATEC | ALPHATEC HLDGS INC | $18.8M | 2.62% | 1,290,528 | Common | SOLE |
| 968223206 | WLY | WILEY JOHN & SONS INC | $18.0M | 2.51% | 445,618 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $17.8M | 2.48% | 50,000 | Common | SOLE |
| 447462102 | HURN | HURON CONSULTING GROUP INC | $15.3M | 2.14% | 104,519 | Common | SOLE |
| 46284V101 | IRM | IRON MTN INC DEL | $15.2M | 2.12% | 149,371 | Common | SOLE |
| 671044105 | OSIS | OSI SYSTEMS INC | $15.1M | 2.10% | 60,385 | Common | SOLE |
| 52736R102 | LEVI | LEVI STRAUSS & CO NEW | $14.9M | 2.08% | 640,222 | Common | SOLE |
| 48238T109 | OPLN | OPENLANE INC | $14.2M | 1.98% | 494,842 | Common | SOLE |
| 59356Q108 | MIAX | MIAMI INTL HLDGS INC | $14.0M | 1.95% | 348,392 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $13.9M | 1.94% | 400,000 | Common | SOLE |
| 02081G201 | ATEC | ALPHATEC HLDGS INC | $12.8M | 1.78% | 880,000 | PUT | SOLE |
| 74164F103 | PRIM | PRIMORIS SVCS CORP | $12.5M | 1.74% | 90,855 | Common | SOLE |
| 00737L103 | CVSA | ADTALEM GLOBAL ED INC | $11.4M | 1.59% | 73,648 | Common | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $11.3M | 1.57% | 213,512 | Common | SOLE |
| 705573103 | PEGA | PEGASYSTEMS INC | $10.9M | 1.52% | 190,261 | Common | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $10.8M | 1.50% | 230,000 | Common | SOLE |
| 000361105 | AIR | AAR CORP | $10.7M | 1.49% | 118,986 | Common | SOLE |
| 71363P106 | PRDO | PERDOCEO ED CORP | $9.9M | 1.38% | 263,741 | Common | SOLE |
| 144285103 | CRS | CARPENTER TECHNOLOGY CORP | $9.9M | 1.38% | 40,230 | Common | SOLE |
| 525327102 | LDOS | LEIDOS HOLDINGS INC | $9.7M | 1.35% | 51,077 | Common | SOLE |
| 576323109 | MTZ | MASTEC INC | $9.4M | 1.31% | 44,257 | Common | SOLE |
| 80517M109 | SVV | SAVERS VALUE VLG INC | $9.4M | 1.31% | 709,987 | Common | SOLE |
| 218352102 | CORT | CORCEPT THERAPEUTICS INC | $9.3M | 1.30% | 111,947 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $8.9M | 1.24% | 496,176 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $8.8M | 1.22% | 40,000 | Common | SOLE |
| 157210105 | CEVA | CEVA INC | $8.7M | 1.21% | 329,896 | Common | SOLE |
| 36317J209 | GLXY | GALAXY DIGITAL INC. | $8.2M | 1.14% | 242,918 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $8.2M | 1.14% | 100,000 | PUT | SOLE |
| 095306106 | BLBD | BLUE BIRD CORP | $8.0M | 1.12% | 139,304 | Common | SOLE |
| 832248207 | SFD | SMITHFIELD FOODS INC | $7.1M | 0.99% | 303,961 | Common | SOLE |
| 76118Y104 | REZI | RESIDEO TECHNOLOGIES INC | $7.0M | 0.98% | 162,408 | Common | SOLE |
| 00768Y453 | MSOS | ADVISORSHARES TR | $6.7M | 0.93% | 1,400,000 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $6.6M | 0.92% | 20,000 | Common | SOLE |
| 98980F104 | GTM | ZOOMINFO TECHNOLOGIES INC | $6.0M | 0.84% | 549,964 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $5.9M | 0.83% | 18,394 | Common | SOLE |
| 302301106 | EZPW | EZCORP INC | $5.9M | 0.82% | 309,689 | Common | SOLE |
| 34964C106 | FBIN | FORTUNE BRANDS INNOVATIONS I | $5.9M | 0.82% | 110,000 | Common | SOLE |
| 26969P108 | EXP | EAGLE MATLS INC | $5.8M | 0.81% | 25,000 | Common | SOLE |
| 149568107 | CVCO | CAVCO INDS INC DEL | $5.8M | 0.81% | 9,999 | Common | SOLE |
| 204166102 | CVLT | COMMVAULT SYS INC | $5.7M | 0.79% | 30,000 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $5.7M | 0.79% | 40,000 | Common | SOLE |
| 679580100 | ODFL | OLD DOMINION FREIGHT LINE IN | $5.6M | 0.79% | 40,112 | Common | SOLE |
| 338307101 | FIVN | FIVE9 INC | $5.5M | 0.76% | 225,231 | Common | SOLE |
| 52736R102 | LEVI | LEVI STRAUSS & CO NEW | $5.3M | 0.74% | 228,100 | PUT | SOLE |
| 91917A207 | WGMI | VALKYRIE ETF TRUST II | $5.3M | 0.74% | 120,000 | PUT | SOLE |
| 86333M108 | LRN | STRIDE INC | $5.2M | 0.73% | 35,000 | Common | SOLE |
| G8588X103 | SGHC | SUPER GROUP SGHC LIMITED | $5.0M | 0.70% | 379,548 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $5.0M | 0.70% | 14,818 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $4.9M | 0.69% | 10,000 | Common | SOLE |
| 09227Q100 | BLKB | BLACKBAUD INC | $4.7M | 0.66% | 73,692 | Common | SOLE |
| 445658107 | JBHT | HUNT J B TRANS SVCS INC | $4.7M | 0.65% | 35,000 | Common | SOLE |
| 929160109 | VMC | VULCAN MATLS CO | $4.6M | 0.64% | 15,000 | Common | SOLE |
| 546347105 | LPX | LOUISIANA PAC CORP | $4.6M | 0.64% | 51,719 | Common | SOLE |
| 387328107 | GVA | GRANITE CONSTR INC | $4.4M | 0.61% | 40,081 | Common | SOLE |
| 98956A105 | ZETA | ZETA GLOBAL HOLDINGS CORP | $4.3M | 0.60% | 216,887 | Common | SOLE |
| 00162Q452 | AMLP | ALPS ETF TR | $4.2M | 0.59% | 90,000 | Common | SOLE |
| 226718104 | CRTO | CRITEO S A | $4.0M | 0.56% | 178,328 | Common | SOLE |
| 25179M103 | DVN | DEVON ENERGY CORP NEW | $4.0M | 0.55% | 112,804 | Common | SOLE |
| 681116109 | OLLI | OLLIES BARGAIN OUTLET HLDGS | $3.9M | 0.54% | 30,000 | Common | SOLE |
| 553530106 | MSM | MSC INDL DIRECT INC | $3.7M | 0.51% | 40,000 | Common | SOLE |
| 610236101 | MNRO | MONRO INC | $3.7M | 0.51% | 205,000 | Common | SOLE |
| 595017104 | MCHP | MICROCHIP TECHNOLOGY INC. | $3.7M | 0.51% | 57,000 | Common | SOLE |
| 298736109 | EEFT | EURONET WORLDWIDE INC | $3.5M | 0.49% | 40,000 | Common | SOLE |
| 03743Q108 | APA | APA CORPORATION | $3.5M | 0.48% | 142,156 | Common | SOLE |
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $3.4M | 0.47% | 25,500 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $3.2M | 0.45% | 60,000 | Common | SOLE |
| 14575E105 | CARS | CARS COM INC | $3.2M | 0.45% | 263,748 | Common | SOLE |
| 88362T103 | THR | THERMON GROUP HLDGS INC | $3.2M | 0.45% | 120,000 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $3.1M | 0.44% | 6,281 | Common | SOLE |
| 911549103 | UAMY | UNITED STATES ANTIMONY CORP | $3.1M | 0.43% | 500,058 | Common | SOLE |
| 464288224 | ICLN | ISHARES TR | $3.1M | 0.43% | 200,000 | Common | SOLE |
| 8676EP108 | STKL | SUNOPTA INC | $3.0M | 0.42% | 512,843 | Common | SOLE |
| 88830M102 | TWI | TITAN INTL INC ILL | $3.0M | 0.41% | 390,513 | Common | SOLE |
| 427866108 | HSY | HERSHEY CO | $2.8M | 0.39% | 15,000 | Common | SOLE |
| 74164F103 | PRIM | PRIMORIS SVCS CORP | $2.7M | 0.38% | 20,000 | PUT | SOLE |
| 23204X103 | CTOS | CUSTOM TRUCK ONE SOURCE INC | $2.6M | 0.36% | 399,622 | Common | SOLE |
| G40705108 | GDLC | GRAYSCALE COINDESK CRYPTO | $2.5M | 0.35% | 45,567 | Common | SOLE |
| 567908108 | HZO | MARINEMAX INC | $2.5M | 0.35% | 99,510 | Common | SOLE |
| 42704L104 | HRI | HERC HLDGS INC | $2.3M | 0.33% | 20,000 | Common | SOLE |
| 74874Q100 | QNST | QUINSTREET INC | $2.3M | 0.32% | 150,000 | Common | SOLE |
| 92204A876 | VPU | VANGUARD WORLD FD | $1.9M | 0.26% | 10,000 | Common | SOLE |
| 30041R108 | EVER | EVERQUOTE INC | $1.8M | 0.25% | 80,000 | Common | SOLE |
| 389638107 | ETHE | GRAYSCALE ETHEREUM TRUST ETF | $1.7M | 0.24% | 50,000 | Common | SOLE |
| G4412G101 | HLF | HERBALIFE LTD | $1.7M | 0.24% | 200,000 | Common | SOLE |
| 18452B209 | CLSK | CLEANSPARK INC | $1.7M | 0.23% | 114,735 | Common | SOLE |
| 431636109 | HLMN | HILLMAN SOLUTIONS CORP | $1.1M | 0.15% | 119,600 | Common | SOLE |
| 244916102 | DEFT | DEFI TECHNOLOGIES INC | $696,300 | 0.10% | 330,000 | Common | SOLE |
| 13462K109 | CWH | CAMPING WORLD HLDGS INC | $640,695 | 0.09% | 40,576 | Common | SOLE |
| 381013101 | GDEN | GOLDEN ENTMT INC | $602,988 | 0.08% | 25,572 | Common | SOLE |
| 43538H103 | HLLY | HOLLEY INC | $567,065 | 0.08% | 180,594 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $468,000 | 0.07% | 40,000 | Common | SOLE |
| G9572D103 | BULL | WEBULL CORP | $443,700 | 0.06% | 30,000 | Common | SOLE |
| 86887Q109 | SSSS | SURO CAPITAL CORP | $360,000 | 0.05% | 40,000 | Common | SOLE |
| 38964R203 | ETH | GRAYSCALE ETHEREUM MINI TR E | $235,080 | 0.03% | 6,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.