Topline Capital Management, LLC
CIK 1792549 · View on SEC EDGAR ↗
- Portfolio value
- $385.7M
- Positions
- 36
- As of
- June 30, 2026
#4,458 of 9,443 by 13F value · top 47.2%
Portfolio value QoQ: -36.3% 13F does not disclose cash
- Top 10 holdings weight
- 80.89%
- Top 25 holdings weight
- 98.46%
- Positions above 1%
- 18
- Effective number of positions
- 11.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 3.01% Est. buys $14,924,873 · sells $304,321,273
Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 40.9% still held
- New positions
- 9
- Increased
- 2
- Decreased
- 21
- Closed
- 16
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +7.6% · 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: 97.0% · Options excluded: 0.0%
Sector breakdown
Financial Services
37.2%
Technology
26.5%
Health Care
15.0%
Communication Services
9.0%
Industrials
3.6%
Consumer Staples
3.0%
Real Estate
0.4%
Retail
0.0%
Other/Unmapped
5.2%
Full portfolio 36 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| PRAA PRA Group, Inc. - Common Stock | $73,022,893 | 18.93% | 3,845,334 | $5,729,548 | |||
| WK Workiva Inc. Class A Common Stock | $42,257,110 | 10.96% | 871,101 | $-20,359,757 | Down ×1 | ||
| PAYS Paysign, Inc. - Common Stock | $37,993,910 | 9.85% | 4,639,061 | $10,623,450 | |||
| DV DoubleVerify Holdings, Inc. Common Stock | $34,845,343 | 9.03% | 3,214,515 | $-12,872,131 | Down ×2 | ||
| NRDS NerdWallet, Inc. - Class A Common Stock | $30,425,886 | 7.89% | 3,289,285 | $-24,080,999 | Down ×1 | ||
| CTKB Cytek Biosciences, Inc. - Common Stock | $27,835,684 | 7.22% | 6,283,450 | $-3,036,098 | Down ×2 | ||
| CGNT Cognyte Software Ltd. - Ordinary Shares | $27,597,919 | 7.16% | 3,143,271 | $-12,189,281 | Down ×2 | ||
| KRMD KORU Medical Systems, Inc. - Common Stock | $14,170,136 | 3.67% | 3,373,842 | $-1,014,280 | Down ×2 | ||
| ELA | $11,931,772 | 3.09% | 413,150 | $-1,062,178 | Down ×3 | ||
| DCBO Docebo Inc. - Common Shares | $11,898,613 | 3.09% | 664,727 | $-3,455,840 | Down ×1 | ||
| ZVIA Zevia PBC Class A Common Stock | $11,699,364 | 3.03% | 7,177,524 | $3,803,427 | Up ×2 | ||
| NUTX Nutex Health Inc. - Common Stock | $7,137,050 | 1.85% | 41,764 | $-9,761,062 | Down ×2 | ||
| NABL N-able, Inc. Common Stock | $6,980,358 | 1.81% | 1,902,005 | $-2,135,417 | Down ×1 | ||
| OPXS Optex Systems Holdings, Inc. - Common Stock | $6,304,563 | 1.63% | 449,363 | $-1,357,513 | Down ×5 | ||
| LAW CS Disco, Inc. Common Stock | $5,543,994 | 1.44% | 1,466,665 | $-4,476,301 | Down ×2 | ||
| ACCS | $4,610,216 | 1.20% | 709,264 | $-1,673,863 | |||
| NPK National Presto Industries, Inc. Common Stock | $4,034,927 | 1.05% | 32,282 | Up ×1 | |||
| ATRC AtriCure, Inc. - Common Stock | $3,874,950 | 1.00% | 138,490 | Up ×1 | |||
| SPT Sprout Social, Inc - Class A Common Stock | $3,788,379 | 0.98% | 501,772 | $-11,748,692 | Down ×2 | ||
| CERS Cerus Corporation - Common Stock | $3,070,894 | 0.80% | 1,051,676 | ||||
| Unknown issuer (CUSIP: 381098409) | $2,595,245 | 0.67% | 186,440 | $1,582,524 | Up ×1 | ||
| S SentinelOne, Inc. Class A Common Stock | $2,172,805 | 0.56% | 128,038 | $-20,753,595 | Down ×2 | ||
| HGBL Heritage Global Inc. - Common Stock | $2,160,440 | 0.56% | 1,785,488 | $-267,824 | |||
| NEPH Nephros, Inc. - Common Stock | $1,912,442 | 0.50% | 535,698 | $178,180 | Down ×2 | ||
| MITK Mitek Systems, Inc. - Common Stock | $1,891,918 | 0.49% | 93,985 | $-19,870,906 | Down ×2 | ||
| TRC Tejon Ranch Co Common Stock | $1,593,782 | 0.41% | 85,229 | $-183,546 | Down ×1 | ||
| SLP Simulations Plus, Inc. - Common Stock | $1,545,584 | 0.40% | 84,412 | $-1,032,854 | Down ×1 | ||
| SIF | $833,274 | 0.22% | 35,610 | Up ×1 | |||
| SMID Smith-Midland Corporation - Common Stock | $580,348 | 0.15% | 20,012 | Up ×1 | |||
| PPIH Perma-Pipe International Holdings, Inc. - Common Stock | $450,956 | 0.12% | 16,561 | Up ×1 | |||
| TAYD Taylor Devices, Inc. - Common Stock | $259,776 | 0.07% | 4,427 | Up ×1 | |||
| ISSC Innovative Solutions and Support, Inc. - Common Stock | $241,632 | 0.06% | 13,424 | Up ×1 | |||
| MLAB Mesa Laboratories, Inc. - Common Stock | $236,332 | 0.06% | 2,374 | Up ×1 | |||
| FRSH Freshworks Inc. - Class A Common Stock | $109,903 | 0.03% | 10,860 | $-47,408,313 | Down ×2 | ||
| DIBS 1stdibs.com, Inc. - Common Stock | $50,254 | 0.01% | 10,256 | $-354,783 | Down ×3 | ||
| RSSS Research Solutions, Inc - Common Stock | $26,518 | 0.01% | 11,430 | $-1,015,742 | Down ×2 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| NRDS | Trimmed | -2.0M | -$24.1M |
| WK | Trimmed | -179K | -$20.4M |
| DV | Trimmed | -1.8M | -$12.9M |
| CGNT | Trimmed | -1.8M | -$12.2M |
| SPT | Trimmed | -2.2M | -$11.7M |
| PAYS | Price move only | +0 | +$10.6M |
| NUTX | Trimmed | -136K | -$9.8M |
| PRAA | Price move only | +0 | +$5.7M |
| LAW | Trimmed | -1.2M | -$4.5M |
| ZVIA | Bought more | +429K | +$3.8M |
3 positions hidden (data completeness check)
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| GDOT | March 31, 2026 | 3,315,574 | $42,472,503 | 18.9% |
| SPNS | Sept. 30, 2025 | 1,037,075 | $30,334,444 | No longer tracked |
| RSI | Sept. 30, 2025 | 1,807,124 | $26,926,148 | 22.8% |
| MNDY | June 30, 2026 | 363,974 | $25,154,243 | 22.3% |
| PHLT | Sept. 30, 2025 | 5,462,442 | $21,849,768 | No longer tracked |
| ILMN | March 31, 2026 | 110,076 | $14,437,568 | 70.4% |
| BL | March 31, 2026 | 237,173 | $13,113,295 | -15.4% |
| UNF | June 30, 2026 | 40,318 | $10,143,606 | 9.5% |
| OSPN | March 31, 2026 | 680,433 | $8,736,760 | 46.7% |
| CTEV | March 31, 2026 | 196,718 | $8,409,695 | 112.3% |
| PSFE | Sept. 30, 2025 | 620,000 | $7,824,400 | -48.7% |
| STAA | March 31, 2026 | 297,672 | $6,873,246 | 24.1% |
| CCRD | Dec. 31, 2025 | 238,675 | $6,425,131 | No longer tracked |
| IDN | March 31, 2026 | 761,026 | $5,083,654 | -57.4% |
| CVEO | June 30, 2025 | 212,823 | $4,894,929 | 51.5% |
| CERT | June 30, 2026 | 749,497 | $4,272,133 | 31.2% |
| JYNT | Dec. 31, 2025 | 430,451 | $4,106,503 | -5.0% |
| SEMR | Dec. 31, 2025 | 554,126 | $3,923,212 | No longer tracked |
| AVD | March 31, 2025 | 811,755 | $3,758,426 | -48.6% |
| S | Sept. 30, 2025 | 175,269 | $3,203,917 | 16.3% |
| GAMB | June 30, 2025 | 225,000 | $2,839,500 | No longer tracked |
| PLTK | June 30, 2026 | 915,621 | $2,545,426 | -36.7% |
| QTRX | June 30, 2025 | 386,037 | $2,513,101 | -54.1% |
| INMD | June 30, 2026 | 181,649 | $2,484,958 | 2.3% |
| ILMN | Sept. 30, 2025 | 24,600 | $2,347,086 | 121.1% |
| DSP | June 30, 2026 | 193,886 | $2,171,523 | -4.5% |
| EXFY | Sept. 30, 2025 | 776,796 | $2,011,902 | 40.0% |
| QTRX | June 30, 2026 | 563,135 | $1,982,235 | -29.3% |
| JAMF | Dec. 31, 2025 | 166,581 | $1,782,417 | No longer tracked |
| EEFT | March 31, 2026 | 22,515 | $1,713,617 | 4.5% |
| RPAY | Dec. 31, 2025 | 303,638 | $1,588,027 | 6.0% |
| TTD | June 30, 2026 | 59,572 | $1,351,689 | -26.9% |
| VSTS | June 30, 2025 | 130,000 | $1,287,000 | 121.6% |
| TENB | June 30, 2026 | 69,904 | $1,182,426 | -11.8% |
| GMGI | March 31, 2026 | 1,396,108 | $1,118,003 | No longer tracked |
| NPCE | June 30, 2026 | 80,945 | $1,064,427 | -12.6% |
| JRVR | June 30, 2026 | 164,194 | $1,034,422 | -8.4% |
| FLYYQ | Sept. 30, 2025 | 202,457 | $1,010,260 | No longer tracked |
| CMBM | June 30, 2025 | 1,411,420 | $995,757 | No longer tracked |
| SEMR | June 30, 2025 | 99,426 | $927,645 | No longer tracked |
| SVCO | Dec. 31, 2025 | 170,293 | $921,285 | 66.7% |
| CERS | March 31, 2026 | 410,963 | $846,584 | 53.8% |
| CRGO | March 31, 2026 | 356,834 | $813,582 | -13.1% |
| NABL | June 30, 2025 | 101,789 | $721,684 | -58.5% |
| PRPO | June 30, 2026 | 24,624 | $615,600 | 17.1% |
| FORR | March 31, 2026 | 65,168 | $529,164 | 104.8% |
| CRCT | June 30, 2026 | 123,061 | $460,248 | 23.9% |
| PLPC | Dec. 31, 2025 | 2,104 | $412,700 | 105.1% |
| NAII | March 31, 2026 | 109,503 | $392,021 | -21.3% |
| OFLX | Dec. 31, 2025 | 10,975 | $342,255 | -6.4% |
| KRT | March 31, 2026 | 14,022 | $316,477 | 69.1% |
| NTWK | June 30, 2026 | 78,375 | $265,691 | -10.4% |
| CCEL | Sept. 30, 2025 | 40,553 | $210,470 | No longer tracked |
| GAIA | June 30, 2025 | 45,944 | $176,884 | -67.7% |
| INNV | Sept. 30, 2025 | 43,378 | $160,065 | 119.4% |
| SOTK | June 30, 2026 | 35,159 | $142,746 | -12.6% |
| BTMD | Sept. 30, 2025 | 28,595 | $114,952 | -50.2% |
| SSTI | June 30, 2026 | 12,722 | $84,220 | -32.4% |