Kopion Asset Management, LLC — 13F Holdings & Portfolio

CIK 1728689 · latest 13F-HR filed 2026-07-07

Kopion Asset Management, LLC manages $158.2M in 13F-reported U.S. long-equity assets across 21 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VRNS (10.13%), NICE (8.40%), TRUP (8.19%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position, exited 0, added to 15, and trimmed 3.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
400 W LOUISIANA ST
MCKINNEY, TX 75069
Phone
(214) 425-7027
Filing Manager
Kopion Asset Management, LLC
MCKINNEY, TX
Signatory
Terry Ledbetter, Jr.
President & Secretary
Loading holdings…
AUM

$158.2M

Long-equity book

Holdings

21

Distinct positions

Period

2026-06-30

Filed 2026-07-07

Q/Q Activity

+1 / −0 / ↑15 / ↓3

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • VARONIS SYS INC$5.4M +50.6%
  • CERTARA INC$4.8M +65.8%
  • TYLER TECHNOLOGIES INC$4.4M +336.8%
  • SOUNDTHINKING INC$3.7M +56.7%
  • TRUPANION INC$2.7M +26.6%
Show all 15

Top Trims

  • TENNANT CO-$2.6M -23.2%
  • BORGWARNER INC-$2.0M -29.8%
  • TECHNIPFMC PLC-$841.2K -11.4%
Show all 3

New Positions

  • TREX INC$1.4M
Show all 1

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VARONIS SYS INC VRNS 922280102 $16.0M 10.13% 382,088 SH
2 NICE LTD NICE 653656108 $13.3M 8.40% 146,272 SH
3 TRUPANION INC TRUP 898202106 $13.0M 8.19% 522,999 SH
4 MAGNITE INC MGNI 55955D100 $12.8M 8.09% 674,451 SH
5 CERTARA INC CERT 15687V109 $12.2M 7.69% 1,858,539 SH
6 SOUNDTHINKING INC SSTI 82536T107 $10.1M 6.38% 1,114,648 SH
7 POWERFLEET INC AIOT 73931J109 $9.3M 5.87% 2,424,288 SH
8 ACI WORLDWIDE INC ACIW 004498101 $9.1M 5.74% 180,470 SH
9 TENNANT CO TNC 880345103 $8.7M 5.53% 99,878 SH
10 STRATASYS LTD SSYS M85548101 $8.1M 5.13% 947,970 SH
11 COGNEX CORP CGNX 192422103 $6.6M 4.18% 91,319 SH
12 TECHNIPFMC PLC FTI G87110105 $6.6M 4.15% 99,053 SH
13 ENERGY RECOVERY INC ERII 29270J100 $5.8M 3.65% 639,545 SH
14 TYLER TECHNOLOGIES INC TYL 902252105 $5.7M 3.62% 19,605 SH
15 HEXCEL CORP NEW HXL 428291108 $4.7M 2.96% 46,856 SH
16 BORGWARNER INC BWA 099724106 $4.6M 2.91% 69,428 SH
17 SIMULATIONS PLUS INC SLP 829214105 $3.4M 2.14% 184,614 SH
18 CRYOPORT INC CYRX 229050307 $3.3M 2.07% 208,169 SH
19 SPDR SERIES TRUST BIL 78468R663 $2.9M 1.84% 31,824 SH
20 TREX INC TREX 89531P105 $1.4M 0.92% 28,962 SH
21 COHERENT CORP COHR 19247G107 $662.7K 0.42% 1,680 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-07 $158.2M 21 0001728689-26-000005
2026-03-31 2026-04-10 $128.5M 20 0001728689-26-000003
2025-12-31 2026-01-05 $139.9M 18 0001728689-26-000001