13F Insight
DOSSIER · 13F-HR · Q1 2026

INTREPID CAPITAL MANAGEMENT INC

$261M in tracked AUM across 106 positions as of Q1 2026.

IC
CIK 0001092838 · last filed Mar 31, 2026
Total AUM
$261M
as of Q1 2026
Holdings
106
—
positions
Whale Score
55
55
tracked
Activity
—
no data
changes this Q
AI Analysis · Q1 2026
Comprehensive Analysis of SEC 13F Filing: Intrepid Capital Management Inc.
1. Portfolio Overview

Intrepid Capital Management Inc. reported a significant contraction in portfolio value for the quarter ended September 30, 2025. The total assets under management (AUM) in this filing decreased by 39.1%, dropping from $246.26 million to $149.95 million. This reduction is not solely attributable to market performance but is largely the result of a substantial restructuring of the portfolio....

The portfolio currently consists of 56 holdings, indicating a diversified approach despite the significant turnover. The firm operates with a core-satellite or barbell strategy, combining highly concentrated individual stock positions with broad-based ETF exposure. The presence of "Unknown" sector allocation ($64.61M) suggests that a significant portion of the portfolio—likely comprising the top holdings like Green Plains, Pennymac, and Groupon—may be classified under micro-cap, small-cap, or specific industry categories that are not immediately categorized in the standard sector breakdown provided, or they represent ADRs and specific asset classes that fall outside standard GICS classifications.

2. Key Holdings

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
DUHP
DIMENSIONAL US HIGH PROFITABILITY ETF
$17M471K6.6%02
399473AK3
Groupon Inc
$16M19.3M6.1%03
CRNC 1.5 07/01/28
Cerence Inc
$13M15.0M5.1%04
GOOGL
ALPHABET INC CLASS CLASS A
$11M38K4.1%05
BAND 0.5 04/01/28
Bandwidth Inc
$10M10.9M3.8%06
CEF
SPROTT PHYSICAL GLD SLVR
$10M204K3.7%07
PMT 8.5 06/01/29
Pennymac Corp
$9M9.0M3.6%08
LIEN
Chicago Atlantic Bdc Inc
$7M756K2.7%09
IAU
ISHARES GOLD TRUST
$7M76K2.6%10
BRK/B
BERKSHIRE HATHAWAY CLASS B
$7M14K2.5%

Filing history

2026Q1Mar 31
$261M▲ 0.8%
106 positionsView →2025Q4Dec 31
$259M▲ 72.4%
107 positionsView →2025Q3Sep 30
$150M▼ 39.1%
56 positionsView →2025Q2Jun 30
$246M▲ 19.6%
112 positionsLocked2025Q1Mar 31
$206M▲ 4.8%
106 positionsLocked2024Q4Dec 31
$196M▲ 9.0%
106 positionsLocked2024Q3Sep 30
$180M▲ 14.8%
99 positionsLocked2024Q2Jun 30
$157M▲ 1.8%
96 positionsLocked2024Q1Mar 31
$154M▲ 5.5%
94 positionsLocked2023Q4Dec 31
$146M▲ 1.1%
111 positionsLocked2023Q3Sep 30
$145M▼ 49.2%
231 positionsLocked2023Q2Jun 30
$285M▲ 146.6%
480 positionsLocked
Showing 12 of 61