Topline Capital Management, LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Topline Capital Management, LLC disclosed 42 US equity positions worth $581.6m in its Q3 2025 13F filing. The largest position was GDOT at 10.7% of the reported book, followed by CGNT and NUTX. Against the Q2 2025 filing, it opened 11 new positions, added to 16 and reduced 10 among the top 42 holdings.
What did Topline Capital Management, LLC own in Q3 2025? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GDOT GREEN DOT CORP | Financial Services | 10.7% | $62.0m | 4,614,562 | -7% | reduced |
| 2 | CGNT COGNYTE SOFTWARE LTD | Technology | 10.4% | $60.4m | 7,195,619 | 2% | added |
| 3 | NUTX NUTEX HEALTH INC | 9.9% | $57.5m | 556,567 | 80% | added | |
| 4 | NRDS NERDWALLET INC | Communication Services | 9.7% | $56.5m | 5,251,145 | 0% | held |
| 5 | PRAA PRA GROUP INC | Financial Services | 6.9% | $40.4m | 2,615,711 | 16% | added |
| 6 | PAYS PAYSIGN INC | Technology | 5.9% | $34.3m | 5,445,188 | 0% | held |
| 7 | FRSH FRESHWORKS INC | Technology | 5.6% | $32.5m | 2,765,000 | 43% | added |
| 8 | BL BLACKLINE INC | Technology | 5.2% | $30.3m | 569,937 | -32% | reduced |
| 9 | CTKB CYTEK BIOSCIENCES INC | Healthcare | 4.1% | $24.1m | 6,944,280 | 33% | added |
| 10 | LAW CS DISCO INC | 3.6% | $20.7m | 3,206,003 | 8% | added | |
| 11 | UNF UNIFIRST CORP MASS | Industrials | 3.5% | $20.5m | 122,381 | 64% | added |
| 12 | SPT SPROUT SOCIAL INC | Technology | 3.0% | $17.6m | 1,358,712 | – | new |
| 13 | KRMD KORU MEDICAL SYSTEMS INC | 2.4% | $14.0m | 3,648,240 | 1% | added | |
| 14 | CTEV CLARITEV CORPORATION | 1.8% | $10.7m | 201,782 | -17% | reduced | |
| 15 | MITK MITEK SYS INC | Technology | 1.8% | $10.3m | 1,055,608 | 100% | added |
| 16 | DCBO DOCEBO INC | Technology | 1.5% | $8.8m | 323,219 | 485% | added |
| 17 | OPTEX SYS HLDGS INC | 1.5% | $8.8m | 679,363 | -2% | reduced | |
| 18 | ACCS ACCESS NEWSWIRE INC | 1.3% | $7.6m | 709,264 | 0% | held | |
| 19 | ELA ENVELA CORP | Consumer Cyclical | 1.2% | $6.7m | 862,918 | 0% | held |
| 20 | CERT CERTARA INC | Healthcare | 1.1% | $6.7m | 546,471 | – | new |
| 21 | 35Y CORECARD CORPORATION | 1.1% | $6.4m | 238,675 | 85% | added | |
| 22 | OSPN ONESPAN INC | Technology | 1.0% | $5.5m | 349,203 | – | new |
| 23 | JYNT JOINT CORP | Healthcare | 0.7% | $4.1m | 430,451 | -4% | reduced |
| 24 | IDN INTELLICHECK INC | 0.7% | $4.0m | 767,302 | -14% | reduced | |
| 25 | INMD INMODE LTD | Healthcare | 0.7% | $3.9m | 264,770 | 2297% | added |
| 26 | SEMREUR SEMRUSH HLDGS INC | 0.7% | $3.9m | 554,126 | – | new | |
| 27 | NABL N-ABLE INC | Technology | 0.6% | $3.5m | 454,495 | – | new |
| 28 | NEPH NEPHROS INC | 0.5% | $2.8m | 596,300 | 25% | added | |
| 29 | HGBL HERITAGE GLOBAL INC | 0.5% | $2.8m | 1,678,507 | 0% | held | |
| 30 | DSP VIANT TECHNOLOGY INC | Technology | 0.4% | $2.1m | 249,084 | – | new |
| 31 | NTWK NETSOL TECHNOLOGIES INC | 0.4% | $2.1m | 447,329 | -4% | reduced | |
| 32 | JAMF JAMF HLDG CORP | 0.3% | $1.8m | 166,581 | – | new | |
| 33 | RPAY REPAY HLDGS CORP | Technology | 0.3% | $1.6m | 303,638 | – | new |
| 34 | PRPO PRECIPIO INC | 0.2% | $1.2m | 65,096 | – | new | |
| 35 | SVCO SILVACO GROUP INC | 0.2% | $921.3k | 170,293 | -27% | reduced | |
| 36 | RSSS RESEARCH SOLUTIONS INC | 0.2% | $913.6k | 244,928 | 461% | added | |
| 37 | FREIGHTOS LTD | 0.2% | $887.9k | 269,048 | -1% | reduced | |
| 38 | WK WORKIVA INC | Technology | 0.1% | $729.2k | 8,471 | -85% | reduced |
| 39 | GMGIEUR GOLDEN MATRIX GROUP INC | 0.1% | $705.0k | 623,909 | 1072% | added | |
| 40 | DIBS 1STDIBS COM INC | 0.1% | $497.6k | 192,115 | 342% | added | |
| 41 | PLPC PREFORMED LINE PRODS CO | Industrials | 0.1% | $412.7k | 2,104 | – | new |
| 42 | OFLX OMEGA FLEX INC | Industrials | 0.1% | $342.3k | 10,975 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.