# EDGAR Filing Document

**Accession Number:** 0001682598
**File Stem:** 0001172661-23-000982
**Filing Date:** 2023-2
**Character Count:** 11717
**Document Hash:** 887a1f88fab36b033f1e72784d2e4d35
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000982.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001172661-23-000982

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sapience Investments, LLC
- **CENTRAL INDEX KEY:** 0001682598
- **IRS NUMBER:** 812060843
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17843
- **FILM NUMBER:** 23624270

**BUSINESS ADDRESS:**
- **STREET 1:** 520 NEWPORT CENTER DRIVE
- **STREET 2:** SUITE 650
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-662-1013

**MAIL ADDRESS:**
- **STREET 1:** 520 NEWPORT CENTER DRIVE
- **STREET 2:** SUITE 650
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Sapience Investments LLC<br>**Address:** 520 Newport Center Drive<br>Suite 650<br>Newport Beach, CA 92660

**Form 13F File Number:** 028-17843

**CRD Number (if applicable):** 000284720

**SEC File Number (if applicable):** 801-108274

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Scott Partridge<br>**Title:** Chief Compliance Officer<br>**Phone:** 949-662-1013

**Signature, Place, and Date of Signing:**

Scott Partridge  Newport Beach, CA  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 81

**Form 13F Information Table Value Total:** $476346665

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACADIA HEALTHCARE COMPANY IN | COM | 00404A109 |  | 5801914 | 70480 | SH |  | SOLE |  | 70480 | 0 | 0 |
| ADAPTHEALTH CORP | COMMON STOCK | 00653Q102 |  | 7681254 | 399649 | SH |  | SOLE |  | 399649 | 0 | 0 |
| AMEDISYS INC | COM | 023436108 |  | 9526902 | 114040 | SH |  | SOLE |  | 114040 | 0 | 0 |
| AMERIS BANCORP | COM | 03076K108 |  | 8488971 | 180080 | SH |  | SOLE |  | 180080 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 806883 | 5775 | SH |  | SOLE |  | 5775 | 0 | 0 |
| ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 |  | 5175819 | 174270 | SH |  | SOLE |  | 174270 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 6987502 | 112231 | SH |  | SOLE |  | 112231 | 0 | 0 |
| ATI INC | COM | 01741R102 |  | 6689894 | 224042 | SH |  | SOLE |  | 224042 | 0 | 0 |
| BANK OF NT BUTTERFIELD L | SHS NEW | G0772R208 |  | 9893969 | 331901 | SH |  | SOLE |  | 331901 | 0 | 0 |
| BANK OZK LITTLE ROCK ARK | COM | 06417N103 |  | 6820215 | 170250 | SH |  | SOLE |  | 170250 | 0 | 0 |
| BANNER CORP | COM NEW | 06652V208 |  | 9590916 | 151755 | SH |  | SOLE |  | 151755 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 4681736 | 182595 | SH |  | SOLE |  | 182595 | 0 | 0 |
| BIGCOMMERCE HLDGS INC | COM SER 1 | 08975P108 |  | 6674170 | 763635 | SH |  | SOLE |  | 763635 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 661057 | 29160 | SH |  | SOLE |  | 29160 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 11299377 | 197128 | SH |  | SOLE |  | 197128 | 0 | 0 |
| CATALENT INC | COM | 148806102 |  | 618302 | 13737 | SH |  | SOLE |  | 13737 | 0 | 0 |
| CATHAY GEN BANCORP | COM | 149150104 |  | 6944701 | 170255 | SH |  | SOLE |  | 170255 | 0 | 0 |
| CHAMPIONX CORPORATION | COM | 15872M104 |  | 7406945 | 255500 | SH |  | SOLE |  | 255500 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 513155 | 2355 | SH |  | SOLE |  | 2355 | 0 | 0 |
| CHEESECAKE FACTORY INC | COM | 163072101 |  | 8665233 | 273265 | SH |  | SOLE |  | 273265 | 0 | 0 |
| COMSTOCK RES INC | COM | 205768302 |  | 5237631 | 382030 | SH |  | SOLE |  | 382030 | 0 | 0 |
| CORPORATE OFFICE PPTYS TR | SH BEN INT | 22002T108 |  | 10011776 | 385959 | SH |  | SOLE |  | 385959 | 0 | 0 |
| DESPEGAR COM CORP | ORD SHS | G27358103 |  | 6259062 | 1220090 | SH |  | SOLE |  | 1220090 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 733961 | 5366 | SH |  | SOLE |  | 5366 | 0 | 0 |
| DIEBOLD NIXDORF INC | COM STK | 253651103 |  | 5498283 | 3872030 | SH |  | SOLE |  | 3872030 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 705262 | 10702 | SH |  | SOLE |  | 10702 | 0 | 0 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 509293 | 41677 | SH |  | SOLE |  | 41677 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 640145 | 12430 | SH |  | SOLE |  | 12430 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 1006543 | 16829 | SH |  | SOLE |  | 16829 | 0 | 0 |
| ENERSYS | COM | 29275Y102 |  | 7234917 | 97981 | SH |  | SOLE |  | 97981 | 0 | 0 |
| ENPRO INDS INC | COM | 29355X107 |  | 5202229 | 47863 | SH |  | SOLE |  | 47863 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | COM | 29415F104 |  | 10118912 | 300532 | SH |  | SOLE |  | 300532 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 575009 | 16997 | SH |  | SOLE |  | 16997 | 0 | 0 |
| ESSENT GROUP LTD | COM | G3198U102 |  | 4380998 | 112680 | SH |  | SOLE |  | 112680 | 0 | 0 |
| FIRST BUSEY CORP | COM NEW | 319383204 |  | 4973812 | 201206 | SH |  | SOLE |  | 201206 | 0 | 0 |
| FIRST HAWAIIAN INC | COM | 32051X108 |  | 7834082 | 300848 | SH |  | SOLE |  | 300848 | 0 | 0 |
| FIRST REP BK SAN FRANCISCO C | COM | 33616C100 |  | 870904 | 7145 | SH |  | SOLE |  | 7145 | 0 | 0 |
| FLEETCOR TECHNOLOGIES INC | COM | 339041105 |  | 502916 | 2738 | SH |  | SOLE |  | 2738 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 601465 | 12985 | SH |  | SOLE |  | 12985 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 9193108 | 186020 | SH |  | SOLE |  | 186020 | 0 | 0 |
| HANCOCK WHITNEY CORPORATION | COM | 410120109 |  | 7356877 | 152033 | SH |  | SOLE |  | 152033 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 921373 | 15102 | SH |  | SOLE |  | 15102 | 0 | 0 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 11929055 | 619048 | SH |  | SOLE |  | 619048 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 12977267 | 120327 | SH |  | SOLE |  | 120327 | 0 | 0 |
| INTEGRA LIFESCIENCES HLDGS C | COM NEW | 457985208 |  | 11429813 | 203849 | SH |  | SOLE |  | 203849 | 0 | 0 |
| KAR AUCTION SVCS INC | COM | 48238T109 |  | 6596122 | 505450 | SH |  | SOLE |  | 505450 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 9608163 | 149311 | SH |  | SOLE |  | 149311 | 0 | 0 |
| LIBERTY ENERGY INC | COM CL A | 53115L104 |  | 8159497 | 509650 | SH |  | SOLE |  | 509650 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 |  | 6327557 | 840313 | SH |  | SOLE |  | 840313 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 6035925 | 41774 | SH |  | SOLE |  | 41774 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 572929 | 10727 | SH |  | SOLE |  | 10727 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 706445 | 11515 | SH |  | SOLE |  | 11515 | 0 | 0 |
| NEW RELIC INC | COM | 64829B100 |  | 7494754 | 132768 | SH |  | SOLE |  | 132768 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 660014 | 7484 | SH |  | SOLE |  | 7484 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 420284 | 8288 | SH |  | SOLE |  | 8288 | 0 | 0 |
| PDC ENERGY INC | COM | 69327R101 |  | 6683809 | 105290 | SH |  | SOLE |  | 105290 | 0 | 0 |
| PHYSICIANS RLTY TR | COM | 71943U104 |  | 10386841 | 717819 | SH |  | SOLE |  | 717819 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 9172985 | 138314 | SH |  | SOLE |  | 138314 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 8910797 | 181853 | SH |  | SOLE |  | 181853 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 5603070 | 62077 | SH |  | SOLE |  | 62077 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 693964 | 5784 | SH |  | SOLE |  | 5784 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 495210 | 2688 | SH |  | SOLE |  | 2688 | 0 | 0 |
| RESIDEO TECHNOLOGIES INC | COM | 76118Y104 |  | 3797812 | 230870 | SH |  | SOLE |  | 230870 | 0 | 0 |
| RESOURCES CONNECTION INC | COM | 76122Q105 |  | 7012154 | 381510 | SH |  | SOLE |  | 381510 | 0 | 0 |
| RETAIL OPPORTUNITY INVTS COR | COM | 76131N101 |  | 7256153 | 482778 | SH |  | SOLE |  | 482778 | 0 | 0 |
| SIX FLAGS ENTMT CORP NEW | COM | 83001A102 |  | 11228169 | 482932 | SH |  | SOLE |  | 482932 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 5090390 | 306650 | SH |  | SOLE |  | 306650 | 0 | 0 |
| STERICYCLE INC | COM | 858912108 |  | 12503731 | 250626 | SH |  | SOLE |  | 250626 | 0 | 0 |
| SYNEOS HEALTH INC | CL A | 87166B102 |  | 6958196 | 189700 | SH |  | SOLE |  | 189700 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 615219 | 16384 | SH |  | SOLE |  | 16384 | 0 | 0 |
| TEREX CORP NEW | COM | 880779103 |  | 5421382 | 126905 | SH |  | SOLE |  | 126905 | 0 | 0 |
| TREEHOUSE FOODS INC | COM | 89469A104 |  | 16453021 | 333192 | SH |  | SOLE |  | 333192 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 14007361 | 411739 | SH |  | SOLE |  | 411739 | 0 | 0 |
| VALVOLINE INC | COM | 92047W101 |  | 5352086 | 163923 | SH |  | SOLE |  | 163923 | 0 | 0 |
| VARONIS SYS INC | COM | 922280102 |  | 10532642 | 439960 | SH |  | SOLE |  | 439960 | 0 | 0 |
| VIPER ENERGY PARTNERS LP | COM UNT RP INT | 92763M105 |  | 9771451 | 307375 | SH |  | SOLE |  | 307375 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 596265 | 5974 | SH |  | SOLE |  | 5974 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 13375538 | 282542 | SH |  | SOLE |  | 282542 | 0 | 0 |
| WESTROCK CO | COM | 96145D105 |  | 518469 | 14746 | SH |  | SOLE |  | 14746 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 655030 | 7750 | SH |  | SOLE |  | 7750 | 0 | 0 |
| ZURN ELKAY WATER SOLNS CORP | COM | 98983L108 |  | 5039622 | 238280 | SH |  | SOLE |  | 238280 | 0 | 0 |

---