Topline Capital Management, LLC
CIK 0001792549
Annualised vol
6.758418%
Beta
0.044057
HHI
883.05806
Top-10 weight
80.889619%
VaR 95%
0.394537%
VaR 99%
1.494408%
Max drawdown
15.258054%
Matched value
87.337095%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| PRAA | UNCHANGED | 3,845,334 | 3,845,334 | 0.0% | 73,022,893 |
| WK | REDUCED | 871,101 | 1,050,090 | -17.05% | 42,257,110 |
| PAYS | UNCHANGED | 4,639,061 | 4,639,061 | 0.0% | 37,993,910 |
| NRDS | REDUCED | 3,289,285 | 5,251,145 | -37.36% | 30,425,886 |
| CTKB | REDUCED | 6,283,450 | 7,064,481 | -11.06% | 27,835,684 |
| CGNT | REDUCED | 3,143,271 | 4,912,000 | -36.01% | 27,597,919 |
| KRMD | REDUCED | 3,373,842 | 3,514,911 | -4.01% | 14,170,136 |
| ELA | REDUCED | 413,150 | 779,949 | -47.03% | 11,931,772 |
| DCBO | REDUCED | 664,727 | 878,904 | -24.37% | 11,898,613 |
| ZVIA | ADDED | 7,177,524 | 6,748,664 | 6.35% | 11,699,364 |
| NUTX | REDUCED | 41,764 | 177,800 | -76.51% | 7,137,050 |
| NABL | REDUCED | 1,902,005 | 1,951,986 | -2.56% | 6,980,358 |
| LAW | REDUCED | 1,466,665 | 2,623,114 | -44.09% | 5,543,994 |
| ACCS | UNCHANGED | 709,264 | 709,264 | 0.0% | 4,610,216 |
| ATRC | NEW | 138,490 | - | - | 3,874,950 |
| SPT | REDUCED | 501,772 | 2,725,802 | -81.59% | 3,788,379 |
| CERS | NEW | 1,051,676 | - | - | 3,070,894 |
| MRBK | ADDED | 186,440 | 140,266 | 32.92% | 2,595,245 |
| S | REDUCED | 128,038 | 1,780,000 | -92.81% | 2,172,805 |
| HGBL | UNCHANGED | 1,785,488 | 1,785,488 | 0.0% | 2,160,440 |
| NEPH | REDUCED | 535,698 | 581,967 | -7.95% | 1,912,442 |
| TRC | REDUCED | 85,229 | 94,338 | -9.66% | 1,593,782 |
| SLP | REDUCED | 84,412 | 218,142 | -61.3% | 1,545,584 |
| SMID | NEW | 20,012 | - | - | 580,348 |
| TAYD | NEW | 4,427 | - | - | 259,776 |
| FRSH | REDUCED | 10,860 | 5,917,586 | -99.82% | 109,903 |
| DIBS | REDUCED | 10,256 | 73,643 | -86.07% | 50,254 |
| RSSS | REDUCED | 11,430 | 461,177 | -97.52% | 26,518 |
| CERT | CLOSED OUT | 0 | 749,497 | -100.0% | 0 |
| QTRX | CLOSED OUT | 0 | 563,135 | -100.0% | 0 |
| MNDY | CLOSED OUT | 0 | 363,974 | -100.0% | 0 |
| DSP | CLOSED OUT | 0 | 193,886 | -100.0% | 0 |
| INMD | CLOSED OUT | 0 | 181,649 | -100.0% | 0 |
| CRCT | CLOSED OUT | 0 | 123,061 | -100.0% | 0 |
| NPCE | CLOSED OUT | 0 | 80,945 | -100.0% | 0 |
| NTWK | CLOSED OUT | 0 | 78,375 | -100.0% | 0 |
| SOTK | CLOSED OUT | 0 | 35,159 | -100.0% | 0 |
| PRPO | CLOSED OUT | 0 | 24,624 | -100.0% | 0 |
| SSTI | CLOSED OUT | 0 | 12,722 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| PRAA | UNCHANGED | PRA GROUP INC | COM | 69354N106 | 73,022,893 | 18.93 | 3845334.0 |
| WK | REDUCED | WORKIVA INC | COM CL A | 98139A105 | 42,257,110 | 10.96 | 871101.0 |
| PAYS | UNCHANGED | PAYSIGN INC | COM | 70451A104 | 37,993,910 | 9.85 | 4639061.0 |
| - | DOUBLEVERIFY HLDGS INC | COM | 25862V105 | 34,845,343 | 9.03 | 3214515.0 | |
| NRDS | REDUCED | NERDWALLET INC | COM CL A | 64082B102 | 30,425,886 | 7.89 | 3289285.0 |
| CTKB | REDUCED | CYTEK BIOSCIENCES INC | COM | 23285D109 | 27,835,684 | 7.22 | 6283450.0 |
| CGNT | REDUCED | COGNYTE SOFTWARE LTD | ORD SHS | M25133105 | 27,597,919 | 7.16 | 3143271.0 |
| KRMD | REDUCED | KORU MEDICAL SYSTEMS INC | COM | 759910102 | 14,170,136 | 3.67 | 3373842.0 |
| ELA | REDUCED | ENVELA CORP | COM | 29402E102 | 11,931,772 | 3.09 | 413150.0 |
| DCBO | REDUCED | DOCEBO INC | COM | 25609L105 | 11,898,613 | 3.09 | 664727.0 |
| ZVIA | ADDED | ZEVIA PBC | CL A | 98955K104 | 11,699,364 | 3.03 | 7177524.0 |
| NUTX | REDUCED | NUTEX HEALTH INC | COM | 67079U306 | 7,137,050 | 1.85 | 41764.0 |
| NABL | REDUCED | N-ABLE INC | COMMON STOCK | 62878D100 | 6,980,358 | 1.81 | 1902005.0 |
| - | OPTEX SYS HLDGS INC | COM NEW | 68384X209 | 6,304,563 | 1.63 | 449363.0 | |
| LAW | REDUCED | CS DISCO INC | COM | 126327105 | 5,543,994 | 1.44 | 1466665.0 |
| ACCS | UNCHANGED | ACCESS NEWSWIRE INC | COM NEW | 46520M204 | 4,610,216 | 1.2 | 709264.0 |
| - | NATIONAL PRESTO INDS INC | COM | 637215104 | 4,034,927 | 1.05 | 32282.0 | |
| ATRC | NEW | ATRICURE INC | COM | 04963C209 | 3,874,950 | 1.0 | 138490.0 |
| SPT | REDUCED | SPROUT SOCIAL INC | COM CL A | 85209W109 | 3,788,379 | 0.98 | 501772.0 |
| CERS | NEW | CERUS CORP | COM | 157085101 | 3,070,894 | 0.8 | 1051676.0 |
| MRBK | ADDED | MERIDIAN HOLDINGS INC | COM | 381098409 | 2,595,245 | 0.67 | 186440.0 |
| S | REDUCED | SENTINELONE INC | CL A | 81730H109 | 2,172,805 | 0.56 | 128038.0 |
| HGBL | UNCHANGED | HERITAGE GLOBAL INC | COM | 42727E103 | 2,160,440 | 0.56 | 1785488.0 |
| NEPH | REDUCED | NEPHROS INC | COM | 640671400 | 1,912,442 | 0.5 | 535698.0 |
| - | MITEK SYS INC | COM NEW | 606710200 | 1,891,918 | 0.49 | 93985.0 | |
| TRC | REDUCED | TEJON RANCH CO | COM | 879080109 | 1,593,782 | 0.41 | 85229.0 |
| SLP | REDUCED | SIMULATIONS PLUS INC | COM | 829214105 | 1,545,584 | 0.4 | 84412.0 |
| - | SIFCO INDS INC | COM | 826546103 | 833,274 | 0.22 | 35610.0 | |
| SMID | NEW | SMITH MIDLAND CORP | COM | 832156103 | 580,348 | 0.15 | 20012.0 |
| - | PERMA-PIPE INTL HLDGS INC | COM | 714167103 | 450,956 | 0.12 | 16561.0 | |
| TAYD | NEW | TAYLOR DEVICES INC | COM | 877163105 | 259,776 | 0.07 | 4427.0 |
| - | INNOVATIVE SOLUTIONS & SUPPO | COM | 45769N105 | 241,632 | 0.06 | 13424.0 | |
| - | MESA LABS INC | COM | 59064R109 | 236,332 | 0.06 | 2374.0 | |
| FRSH | REDUCED | FRESHWORKS INC | CLASS A COM | 358054104 | 109,903 | 0.03 | 10860.0 |
| DIBS | REDUCED | 1STDIBS COM INC | COM | 320551104 | 50,254 | 0.01 | 10256.0 |
| RSSS | REDUCED | RESEARCH SOLUTIONS INC | COM | 761025105 | 26,518 | 0.01 | 11430.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 385,685,170 | 36 | 6.758418 | 0.044057 | 15.258054 |
| 2026-03-31 | 2026-05-15 | 605,251,520 | 43 | 7.024615 | 0.082938 | 19.072748 |
| 2025-12-31 | 2026-02-17 | 1,105,285,660 | 49 | 8.642087 | 0.148616 | 27.999413 |
| 2025-09-30 | 2025-11-14 | 581,608,821 | 42 | 7.839747 | 0.067808 | 22.471966 |
| 2025-03-31 | 2025-05-14 | 436,833,441 | 38 | 7.135399 | 0.070512 | 15.954465 |
| 2024-12-31 | 2025-02-14 | 528,791,180 | 36 | 7.572572 | 0.070634 | 19.105467 |