greeksoup/ stock research
Stock research / United States / Funds / Topline Capital Management, LLC

Topline Capital Management, LLC

CIK 1792549 · latest 13F filed 14 August 2026 · Read the filing on EDGAR

Topline Capital Management, LLC reported 36 US-listed holdings worth $385.7 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Pra Group Inc. (18.9%), Workiva Inc. (11.0%) and Paysign Inc. (9.9%). Against the quarter before, it opened 9 positions, added to 2, trimmed 21 and sold out of 16.

Reported holdings$385.7M-36.3% on Q1 2026
Positions36-7 on Q1 2026
The largest ten80.9%of its reported holdings
Latest 13FQ2 2026filed 14 August 2026
Where the money is
Added toHeldTrimmed
PRAA18.9%WK11.0%PAYS9.9%DV9.0%NRDS7.9%CTKB7.2%CGNT7.2%KRMD3.7%ELA3.1%DCBO3.1%ZVIA3.0%NUTX1.9%NABL1.8%OPXS1.6%22 more10.8%

The 14 largest of its 36 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.

Reported holdings, quarter by quarter
Q4 2024: $528.8 million in 36 positions$529MQ4 24Q1 2025: $436.8 million in 38 positions$437MQ1 25Q2 2025: $583.5 million in 42 positions$583MQ2 25Q3 2025: $581.6 million in 42 positions$582MQ3 25Q4 2025: $1.11 billion in 49 positions$1.11BQ4 25Q1 2026: $605.3 million in 43 positions$605MQ1 26Q2 2026: $385.7 million in 36 positions$386MQ2 26

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 +13.9% over the 6 quarters to 30 June 2026, against +27.4% for the S&P 500.

Its reported holdingsThe S&P 500
90105120Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26Its holdings +13.9%S&P 500 +27.4%

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

Opened 9Added 2Held 4Trimmed 21Sold out 16
Opened: 9Added: 2Held: 4Trimmed: 21Sold out: 16

Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held

Opened 9

  1. National Presto Industries Inc. NPK$4.0 million
  2. Atricure Inc. ATRC$3.9 million
  3. Cerus Corp. CERS$3.1 million
  4. Sifco Inds Inc. SIF$833,274
  5. Smith Midland Corp. SMID$580,348
  6. Perma-Pipe Intl Hldgs Inc. PPIH$450,956
  7. Taylor Devices Inc. TAYD$259,776
  8. Innovative Solutions &amp Suppo IA$241,632

and 1 more in the table below

Added to 2

  1. Zevia PBC ZVIA+428,860 shares · +6%
  2. Meridian Holdings Inc. MRDN+46,174 shares · +33%

Trimmed 21

  1. Freshworks Inc. FRSH-5.9 million shares · -100%
  2. Mitek Sys Inc. MITK-1.5 million shares · -94%
  3. Sentinelone Inc. S-1.7 million shares · -93%
  4. Nutex Health Inc. Com NUTX-136,036 shares · -77%
  5. DoubleVerify Holdings, Inc. DV-1.8 million shares · -36%
  6. Nerdwallet Inc. NRDS-2.0 million shares · -37%
  7. Sprout Social Inc. SPT-2.2 million shares · -82%
  8. Cognyte Software Ltd CGNT-1.8 million shares · -36%

and 13 more in the table below

Sold out of 16

  1. monday.com Ltd. MNDY$25.2 million last quarter
  2. Unifirst Corp. UNF$10.1 million last quarter
  3. Certara, Inc. CERT$4.3 million last quarter
  4. Playtika Hldg Corp. PLTK$2.5 million last quarter
  5. Inmode Ltd INMD$2.5 million last quarter
  6. Viant Technology Inc. DSP$2.2 million last quarter
  7. Quanterix Corp. QTRX$2.0 million last quarter
  8. the Trade Desk Inc. TTD$1.4 million last quarter

What it holds

CompanySharesValueOf its bookChange in shares
Pra Group Inc. PRAA3.8M$73.0 million18.93%no change
Workiva Inc. WK871.1K$42.3 million10.96%-179.0K
Paysign Inc. PAYS4.6M$38.0 million9.85%no change
DoubleVerify Holdings, Inc. DV3.2M$34.8 million9.03%-1.8M
Nerdwallet Inc. NRDS3.3M$30.4 million7.89%-2.0M
Cytek Biosciences Inc. CTKB6.3M$27.8 million7.22%-781.0K
Cognyte Software Ltd CGNT3.1M$27.6 million7.16%-1.8M
Koru Medical Systems Inc. KRMD3.4M$14.2 million3.67%-141.1K
Envela Corp. ELA413.1K$11.9 million3.09%-366.8K
Docebo Inc. DCBO664.7K$11.9 million3.09%-214.2K
Zevia PBC ZVIA7.2M$11.7 million3.03%+428.9K
Nutex Health Inc. Com NUTX41.8K$7.1 million1.85%-136.0K
N-able, Inc. NABL1.9M$7.0 million1.81%-50.0K
Optex Systems H OPXS449.4K$6.3 million1.63%-130.0K
CS Disco Inc. LAW1.5M$5.5 million1.44%-1.2M
Issuer Direct Corp. ACCS709.3K$4.6 million1.20%no change
National Presto Industries Inc. NPK32.3K$4.0 million1.05%new
Atricure Inc. ATRC138.5K$3.9 million1.00%new
Sprout Social Inc. SPT501.8K$3.8 million0.98%-2.2M
Cerus Corp. CERS1.1M$3.1 million0.80%new
Meridian Holdings Inc. MRDN186.4K$2.6 million0.67%+46.2K
Sentinelone Inc. S128.0K$2.2 million0.56%-1.7M
Heritage Global Inc. HGBL1.8M$2.2 million0.56%no change
Nephros Inc. NEPH535.7K$1.9 million0.50%-46.3K
Mitek Sys Inc. MITK94.0K$1.9 million0.49%-1.5M
Tejon Ranch Co. TRC85.2K$1.6 million0.41%-9.1K
Simulations Plus Inc. SLP84.4K$1.5 million0.40%-133.7K
Sifco Inds Inc. SIF35.6K$833,2740.22%new
Smith Midland Corp. SMID20.0K$580,3480.15%new
Perma-Pipe Intl Hldgs Inc. PPIH16.6K$450,9560.12%new
Taylor Devices Inc. TAYD4.4K$259,7760.07%new
Innovative Solutions &amp Suppo IA13.4K$241,6320.06%new
Mesa Labs Inc. MLAB2.4K$236,3320.06%new
Freshworks Inc. FRSH10.9K$109,9030.03%-5.9M
1STDIBS Com Inc. DIBS10.3K$50,2540.01%-63.4K
Research Solutions Inc. RSSS11.4K$26,5180.01%-449.7K
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.
Read moreChange is shares against its 13F for the quarter before; the 16 it sold out of are in the box above.