Kopion Asset Management, LLC

CIK 1728689 · View on SEC EDGAR ↗

Portfolio value
$158.2M
#7,228 of 9,443 by 13F value · top 76.5%
Positions
21
As of
June 30, 2026

Portfolio value QoQ: +23.1% 13F does not disclose cash

Top 10 holdings weight
71.14%
Top 25 holdings weight
100.00%
Positions above 1%
19
Effective number of positions
16.1

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 12.8% Est. buys $18,354,079 · sells $20,750,707

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 91.3% still held

New positions
1
Increased
7
Decreased
13
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+21.2%
S&P 500 total return (same window)
+28.1%
Excess return
-6.9%

Annualized: +13.7% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 90.2% · Options excluded: 0.0%

Sector breakdown

Technology
34.3%
Industrials
28.6%
Health Care
11.9%
Financials
8.2%
Communication Services
8.1%
Energy
4.2%
Consumer Discretionary
2.9%
Other/Unmapped
1.8%

Full portfolio 21 positions

Type Streak 8Q trend
VRNS Varonis Systems, Inc. - Common Stock $16,032,412 10.13% 382,088 $5,389,862 Down ×1
NICE NICE Ltd - American Depositary Shares each representing one Ordinary Share $13,288,811 8.40% 146,272 $606,044 Up ×6
TRUP Trupanion, Inc. - Common Stock $12,954,685 8.19% 522,999 $2,718,598 Up ×4
MGNI Magnite, Inc. - Common Stock $12,801,080 8.09% 674,451 $2,632,940 Down ×1
CERT Certara, Inc. - Common Stock $12,173,430 7.69% 1,858,539 $4,829,254 Up ×4
SSTI SoundThinking, Inc. - Common Stock $10,087,564 6.38% 1,114,648 $3,650,925 Up ×5
AIOT PowerFleet, Inc. - Common Stock $9,285,023 5.87% 2,424,288 $1,780,258 Down ×1
ACIW ACI Worldwide, Inc. - Common Stock $9,075,836 5.74% 180,470 $1,640,108 Down ×1
TNC Tennant Company Common Stock $8,743,320 5.53% 99,878 $-2,647,799 Down ×1
SSYS Stratasys, Ltd. - Common Stock $8,114,623 5.13% 947,970 $876,323 Up ×1
CGNX Cognex Corporation - Common Stock $6,613,322 4.18% 91,319 $1,907,098 Down ×4
FTI TechnipFMC plc Ordinary Share $6,567,214 4.15% 99,053 $-841,172 Down ×4
ERII Energy Recovery, Inc. - Common Stock $5,768,696 3.65% 639,545 $663,558 Up ×4
TYL Tyler Technologies, Inc. Common Stock $5,733,678 3.62% 19,605 $4,420,993 Up ×1
HXL Hexcel Corporation Common Stock $4,688,411 2.96% 46,856 $282,339 Down ×4
BWA BorgWarner Inc. Common Stock $4,610,019 2.91% 69,428 $-1,956,201 Down ×5
SLP Simulations Plus, Inc. - Common Stock $3,380,282 2.14% 184,614 $751,006 Down ×1
CYRX CryoPort, Inc. - Common Stock $3,268,253 2.07% 208,169 $1,536,392 Down ×1
BIL $2,916,351 1.84% 31,824 $-19,153 Down ×2
TREX Trex Company, Inc. Common Stock $1,449,258 0.92% 28,962 Up ×1
COHR Coherent Corp. Common Stock $662,710 0.42% 1,680 $31,692 Down ×4

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
NICE $13,288,811 8.40% up ×6
TRUP $12,954,685 8.19% up ×4
CERT $12,173,430 7.69% up ×4
SSTI $10,087,564 6.38% up ×5
ERII $5,768,696 3.65% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
TREX $1,449,258 28,962 0.92%

Top movers (QoQ)

Security Action Shares Δ Value Δ
VRNS Trimmed -114K +$5.4M
CERT Bought more +570K +$4.8M
TYL Bought more +16K +$4.4M
SSTI Bought more +142K +$3.7M
TRUP Bought more +123K +$2.7M
TNC Trimmed -72K -$2.6M
MGNI Trimmed -181K +$2.6M
BWA Trimmed -52K -$2.0M
CGNX Trimmed -5K +$1.9M
AIOT Trimmed -12K +$1.8M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
PRO Dec. 31, 2025 672,268 $15,401,660 No longer tracked
ANSS Sept. 30, 2025 17,560 $6,167,423 No longer tracked
TYL June 30, 2025 1,038 $603,483 -42.0%