Topline Capital Management, LLC — 13F Holdings & Portfolio
CIK 1792549 · latest 13F-HR filed 2026-08-14
Topline Capital Management, LLC manages $385.7M in 13F-reported U.S. long-equity assets across 36 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are PRAA (18.93%), WK (10.96%), PAYS (9.85%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 9 new positions, exited 16, added to 5, and trimmed 22.
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.
SANTA MONICA, CA 90402
$385.7M
Long-equity book
36
Distinct positions
2026-06-30
Filed 2026-08-14
+9 / −16 / ↑5 / ↓22
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- PAYSIGN INC$10.6M +38.8%
- PRA GROUP INC$5.7M +8.5%
- ZEVIA PBC$3.8M +48.2%
- MERIDIAN HOLDINGS INC$1.6M +156.3%
- NEPHROS INC$178.2K +10.3%
Top Trims
- FRESHWORKS INC-$47.4M -99.8%
- NERDWALLET INC-$24.1M -44.2%
- SENTINELONE INC-$20.8M -90.5%
- WORKIVA INC-$20.4M -32.5%
- MITEK SYS INC-$19.9M -91.3%
New Positions
- NATIONAL PRESTO INDS INC$4.0M
- ATRICURE INC$3.9M
- CERUS CORP$3.1M
- SIFCO INDS INC$833.3K
- SMITH MIDLAND CORP$580.3K
Exited Positions
- MONDAY COM LTD$25.2M
- UNIFIRST CORP MASS$10.1M
- CERTARA INC$4.3M
- PLAYTIKA HLDG CORP$2.5M
- INMODE LTD$2.5M
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 | PRA GROUP INC | PRAA | 69354N106 | $73.0M | 18.93% | 3,845,334 | SH |
| 2 | WORKIVA INC | WK | 98139A105 | $42.3M | 10.96% | 871,101 | SH |
| 3 | PAYSIGN INC | PAYS | 70451A104 | $38.0M | 9.85% | 4,639,061 | SH |
| 4 | DOUBLEVERIFY HLDGS INC | DV | 25862V105 | $34.8M | 9.03% | 3,214,515 | SH |
| 5 | NERDWALLET INC | NRDS | 64082B102 | $30.4M | 7.89% | 3,289,285 | SH |
| 6 | CYTEK BIOSCIENCES INC | CTKB | 23285D109 | $27.8M | 7.22% | 6,283,450 | SH |
| 7 | COGNYTE SOFTWARE LTD | CGNT | M25133105 | $27.6M | 7.16% | 3,143,271 | SH |
| 8 | KORU MEDICAL SYSTEMS INC | KRMD | 759910102 | $14.2M | 3.67% | 3,373,842 | SH |
| 9 | ENVELA CORP | ELA | 29402E102 | $11.9M | 3.09% | 413,150 | SH |
| 10 | DOCEBO INC | DCBO | 25609L105 | $11.9M | 3.09% | 664,727 | SH |
| 11 | ZEVIA PBC | ZVIA | 98955K104 | $11.7M | 3.03% | 7,177,524 | SH |
| 12 | NUTEX HEALTH INC | NUTX | 67079U306 | $7.1M | 1.85% | 41,764 | SH |
| 13 | N-ABLE INC | NABL | 62878D100 | $7.0M | 1.81% | 1,902,005 | SH |
| 14 | OPTEX SYS HLDGS INC | OPXS | 68384X209 | $6.3M | 1.63% | 449,363 | SH |
| 15 | CS DISCO INC | LAW | 126327105 | $5.5M | 1.44% | 1,466,665 | SH |
| 16 | ACCESS NEWSWIRE INC | ACCS | 46520M204 | $4.6M | 1.20% | 709,264 | SH |
| 17 | NATIONAL PRESTO INDS INC | NPK | 637215104 | $4.0M | 1.05% | 32,282 | SH |
| 18 | ATRICURE INC | ATRC | 04963C209 | $3.9M | 1.00% | 138,490 | SH |
| 19 | SPROUT SOCIAL INC | SPT | 85209W109 | $3.8M | 0.98% | 501,772 | SH |
| 20 | CERUS CORP | CERS | 157085101 | $3.1M | 0.80% | 1,051,676 | SH |
| 21 | MERIDIAN HOLDINGS INC | MRDN | 381098409 | $2.6M | 0.67% | 186,440 | SH |
| 22 | SENTINELONE INC | S | 81730H109 | $2.2M | 0.56% | 128,038 | SH |
| 23 | HERITAGE GLOBAL INC | HGBL | 42727E103 | $2.2M | 0.56% | 1,785,488 | SH |
| 24 | NEPHROS INC | NEPH | 640671400 | $1.9M | 0.50% | 535,698 | SH |
| 25 | MITEK SYS INC | MITK | 606710200 | $1.9M | 0.49% | 93,985 | SH |
| 26 | TEJON RANCH CO | TRC | 879080109 | $1.6M | 0.41% | 85,229 | SH |
| 27 | SIMULATIONS PLUS INC | SLP | 829214105 | $1.5M | 0.40% | 84,412 | SH |
| 28 | SIFCO INDS INC | SIF | 826546103 | $833.3K | 0.22% | 35,610 | SH |
| 29 | SMITH MIDLAND CORP | SMID | 832156103 | $580.3K | 0.15% | 20,012 | SH |
| 30 | PERMA-PIPE INTL HLDGS INC | PPIH | 714167103 | $451.0K | 0.12% | 16,561 | SH |
| 31 | TAYLOR DEVICES INC | TAYD | 877163105 | $259.8K | 0.07% | 4,427 | SH |
| 32 | INNOVATIVE SOLUTIONS & SUPPO | ISSC | 45769N105 | $241.6K | 0.06% | 13,424 | SH |
| 33 | MESA LABS INC | MLAB | 59064R109 | $236.3K | 0.06% | 2,374 | SH |
| 34 | FRESHWORKS INC | FRSH | 358054104 | $109.9K | 0.03% | 10,860 | SH |
| 35 | 1STDIBS COM INC | DIBS | 320551104 | $50.3K | 0.01% | 10,256 | SH |
| 36 | RESEARCH SOLUTIONS INC | RSSS | 761025105 | $26.5K | 0.01% | 11,430 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $385.7M | 36 | 0001792549-26-000026 |
| 2026-03-31 | 2026-05-15 | $605.3M | 43 | 0001792549-26-000022 |
| 2025-12-31 | 2026-02-17 | $1.11B | 49 | 0001792549-26-000021 |
| 2025-09-30 | 2025-11-14 | $581.6M | 42 | 0001792549-25-000006 |