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INTREPID CAPITAL MANAGEMENT INC

SEC Form 13F institutional filer · CIK 0001092838

13F-HR · 56 reported holdings · 2026-03-31

Reported long-US-equity value

$0.09B

Top-10 concentration

49.9%

INTREPID CAPITAL MANAGEMENT INC — $90.4M AUM allocation strategy

INTREPID CAPITAL MANAGEMENT INC files SEC Form 13F and reports $90.4M of long US equity value across 56 reported holdings for 2026-03-31.

Its largest sector bet is Communication Services 14.6%, followed by Consumer Staples 13.8% and Information Technology 12.4%.

The top 10 holdings account for 50% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

INTREPID CAPITAL MANAGEMENT INC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$90.4M

total across 56 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

50% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$WRB$CPRT$PM

+$WRB +2.4K sh · −$44.9K+$CPRT +1.82K sh · −$247K+$PM +1.75K sh · +$407K

Biggest trims (shares)

$IVV$PLTR$NEE

−$IVV −39.2K sh · −$3.93M−$PLTR −3.18K sh · −$667K−$NEE −1.28K sh · +$6.13K

Added from nil (new positions)

$SJM$HONA$XOM

3 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$APD$NKE$GE

$APD ($282K last qtr)$NKE ($210K last qtr)$GE ($209K last qtr)

Sector allocation (share of reported value)

Communication Services 15%Consumer Staples 14%Information Technology 12%Consumer Discretionary 12%Financials 11%Health Care 3%ETFs 3%Materials 2%Other holdings 27%SECTORS
  • $XLCCommunication Services14.6%
  • $XLPConsumer Staples13.8%
  • $XLKInformation Technology12.4%
  • $XLYConsumer Discretionary12.1%
  • $XLFFinancials11.3%
  • $XLVHealth Care3.5%
  • ETFs3.0%
  • $XLBMaterials2.5%
  • Other holdings26.9%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Interactive Media & Services 12%Multi-Sector Holdings 7%Consumer Staples Merchandise Retail 6%Semiconductors 6%Tobacco 5%Apparel Retail 4%Property & Casualty Insurance 4%Pharmaceuticals 3%Other holdings 52%INDUSTRIES
  • Interactive Media & Services11.9%
  • Multi-Sector Holdings7.2%
  • Consumer Staples Merchandise Retail6.3%
  • Semiconductors6.3%
  • Tobacco4.7%
  • Apparel Retail4.3%
  • Property & Casualty Insurance4.1%
  • Pharmaceuticals3.5%
  • Other holdings51.7%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$GOOGAlphabet Inc. Class C Capital Stock37.5K$10.8M-7911.9%
$BRK.BBerkshire Hathaway Inc.-Class B13.7K$6.54M+4007.2%
$PMPhilip Morris International Inc25.6K$4.22M+1.75K4.7%
$TJXTJX Companies Inc24.2K$3.86M+3084.3%
$NVDANVIDIA Corporation21.4K$3.73M+2264.1%
$WRBW.R. Berkley Corporation55.5K$3.68M+2.4K4.1%
$DLTRDollar Tree Inc30.4K$3.33M+1.18K3.7%
$JNJJohnson & Johnson12.9K$3.16M+1373.5%
$AAPLApple Inc11.7K$2.97M+6503.3%
$GRMNGarmin Ltd12.3K$2.85M+3853.1%

…and 46 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

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How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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