Kopion Asset Management, LLC
Kopion Asset Management, LLC reported 20 US-listed holdings worth $156.5 million in its 13F for the quarter ended 30 September 2026, filed 9 October 2026. Its largest: Nice Ltd (10.8%), Certara, Inc. (9.0%) and Magnite Inc. (8.4%). Against the quarter before, it opened 0 positions, added to 7, trimmed 13 and sold out of 1.
The 14 largest of its 20 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +28.6% over the 8 quarters to 30 September 2026, against +32.9% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Added to 7
- Tyler Technologies Inc. TYL+10,940 shares · +56%
- Energy Recovery Inc. ERII+378,588 shares · +59%
- Powerfleet Inc. AIOT+879,571 shares · +36%
- Tennant Co. TNC+22,102 shares · +22%
- Soundthinking Inc. SSTI+166,253 shares · +15%
- Stratasys Ltd SSYS+104,371 shares · +11%
- Nice Ltd NICE+6,237 shares · +4%
Trimmed 13
- Varonis Sys Inc. VRNS-119,110 shares · -31%
- Magnite Inc. MGNI-155,287 shares · -23%
- Certara, Inc. CERT-326,175 shares · -18%
- Cognex Corp. CGNX-21,809 shares · -24%
- Hexcel Corp. HXL-6,943 shares · -15%
- ACI Worldwide, Inc. ACIW-11,065 shares · -6%
- SPDR Ser Trust BIL-3,938 shares · -12%
- TechnipFMC plc FTI-3,080 shares · -3%
and 5 more in the table below
Sold out of 1
- Simulations Plus Inc. SLP$3.4 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Nice Ltd NICE | 152.5K | $17.0 million | 10.84% | +6.2K |
| Certara, Inc. CERT | 1.5M | $14.1 million | 9.01% | -326.2K |
| Magnite Inc. MGNI | 519.2K | $13.1 million | 8.38% | -155.3K |
| Varonis Sys Inc. VRNS | 263.0K | $12.5 million | 7.97% | -119.1K |
| Trupanion, Inc. TRUP | 521.2K | $12.2 million | 7.78% | -1.7K |
| Soundthinking Inc. SSTI | 1.3M | $10.6 million | 6.80% | +166.3K |
| Tyler Technologies Inc. TYL | 30.5K | $9.7 million | 6.22% | +10.9K |
| Powerfleet Inc. AIOT | 3.3M | $9.4 million | 6.00% | +879.6K |
| Stratasys Ltd SSYS | 1.1M | $8.7 million | 5.59% | +104.4K |
| ACI Worldwide, Inc. ACIW | 169.4K | $8.3 million | 5.29% | -11.1K |
| Tennant Co. TNC | 122.0K | $8.2 million | 5.24% | +22.1K |
| Energy Recovery Inc. ERII | 1.0M | $6.8 million | 4.34% | +378.6K |
| TechnipFMC plc FTI | 96.0K | $6.5 million | 4.17% | -3.1K |
| Cognex Corp. CGNX | 69.5K | $4.2 million | 2.69% | -21.8K |
| Borgwarner Inc. BWA | 67.2K | $4.0 million | 2.58% | -2.2K |
| Cryoport Inc. CYRX | 201.4K | $3.5 million | 2.24% | -6.8K |
| Hexcel Corp. HXL | 39.9K | $3.3 million | 2.14% | -6.9K |
| SPDR Ser Trust BIL | 27.9K | $2.6 million | 1.63% | -3.9K |
| Trex Co. Inc. TREX | 28.1K | $1.2 million | 0.78% | -904 |
| Coherent Corp. COHR | 1.6K | $467,691 | 0.30% | -55 |