Topline Capital Management, LLC — 13F Holdings & Portfolio
CIK 1792549 · latest 13F-HR filed 2026-05-15
Topline Capital Management, LLC manages $605.3M in 13F-reported U.S. long-equity assets across 43 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are PRAA (11.12%), WK (10.35%), NRDS (9.01%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 8 new positions, exited 14, added to 6, and trimmed 27.
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.
$605.3M
Long-equity book
43
Distinct positions
2026-03-31
Filed 2026-05-15
+8 / −14 / ↑6 / ↓27
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- WORKIVA INC$37.8M +151.9%
- PRA GROUP INC$15.7M +30.3%
- MITEK SYS INC$1.6M +8.0%
- ENVELA CORP$1.6M +14.0%
- TEJON RANCH CO$511.4K +40.4%
Top Trims
- NUTEX HEALTH INC-$94.3M -84.8%
- SENTINELONE INC-$91.3M -79.9%
- DOUBLEVERIFY HLDGS INC-$49.0M -50.7%
- MONDAY COM LTD-$43.9M -63.6%
- FRESHWORKS INC-$28.7M -37.7%
New Positions
- SIMULATIONS PLUS INC$2.6M
- PLAYTIKA HLDG CORP$2.5M
- QUANTERIX CORP$2.0M
- THE TRADE DESK INC$1.4M
- TENABLE HLDGS INC$1.2M
Exited Positions
- GREEN DOT CORP$42.5M
- ILLUMINA INC$14.4M
- BLACKLINE INC$13.1M
- ONESPAN INC$8.7M
- CLARITEV CORPORATION$8.4M
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 | $67.3M | 11.12% | 3,845,334 | SH |
| 2 | WORKIVA INC | WK | 98139A105 | $62.6M | 10.35% | 1,050,090 | SH |
| 3 | NERDWALLET INC | NRDS | 64082B102 | $54.5M | 9.01% | 5,251,145 | SH |
| 4 | DOUBLEVERIFY HLDGS INC | DV | 25862V105 | $47.7M | 7.88% | 5,022,892 | SH |
| 5 | FRESHWORKS INC | FRSH | 358054104 | $47.5M | 7.85% | 5,917,586 | SH |
| 6 | COGNYTE SOFTWARE LTD | CGNT | M25133105 | $39.8M | 6.57% | 4,912,000 | SH |
| 7 | CYTEK BIOSCIENCES INC | CTKB | 23285D109 | $30.9M | 5.10% | 7,064,481 | SH |
| 8 | PAYSIGN INC | PAYS | 70451A104 | $27.4M | 4.52% | 4,639,061 | SH |
| 9 | MONDAY COM LTD | MNDY | M7S64H106 | $25.2M | 4.16% | 363,974 | SH |
| 10 | SENTINELONE INC | S | 81730H109 | $22.9M | 3.79% | 1,780,000 | SH |
| 11 | MITEK SYS INC | MITK | 606710200 | $21.8M | 3.60% | 1,612,061 | SH |
| 12 | NUTEX HEALTH INC | NUTX | 67079U306 | $16.9M | 2.79% | 177,800 | SH |
| 13 | SPROUT SOCIAL INC | SPT | 85209W109 | $15.5M | 2.57% | 2,725,802 | SH |
| 14 | DOCEBO INC | DCBO | 25609L105 | $15.4M | 2.54% | 878,904 | SH |
| 15 | KORU MEDICAL SYSTEMS INC | KRMD | 759910102 | $15.2M | 2.51% | 3,514,911 | SH |
| 16 | ENVELA CORP | ELA | 29402E102 | $13.0M | 2.15% | 779,949 | SH |
| 17 | UNIFIRST CORP MASS | UNF | 904708104 | $10.1M | 1.68% | 40,318 | SH |
| 18 | CS DISCO INC | LAW | 126327105 | $10.0M | 1.66% | 2,623,114 | SH |
| 19 | N-ABLE INC | NABL | 62878D100 | $9.1M | 1.51% | 1,951,986 | SH |
| 20 | ZEVIA PBC | ZVIA | 98955K104 | $7.9M | 1.30% | 6,748,664 | SH |
| 21 | OPTEX SYS HLDGS INC | OPXS | 68384X209 | $7.7M | 1.27% | 579,363 | SH |
| 22 | ACCESS NEWSWIRE INC | ACCS | 46520M204 | $6.3M | 1.04% | 709,264 | SH |
| 23 | CERTARA INC | CERT | 15687V109 | $4.3M | 0.71% | 749,497 | SH |
| 24 | SIMULATIONS PLUS INC | SLP | 829214105 | $2.6M | 0.43% | 218,142 | SH |
| 25 | PLAYTIKA HLDG CORP | PLTK | 72815L107 | $2.5M | 0.42% | 915,621 | SH |
| 26 | INMODE LTD | INMD | M5425M103 | $2.5M | 0.41% | 181,649 | SH |
| 27 | HERITAGE GLOBAL INC | HGBL | 42727E103 | $2.4M | 0.40% | 1,785,488 | SH |
| 28 | VIANT TECHNOLOGY INC | DSP | 92557A101 | $2.2M | 0.36% | 193,886 | SH |
| 29 | QUANTERIX CORP | QTRX | 74766Q101 | $2.0M | 0.33% | 563,135 | SH |
| 30 | TEJON RANCH CO | TRC | 879080109 | $1.8M | 0.29% | 94,338 | SH |
| 31 | NEPHROS INC | NEPH | 640671400 | $1.7M | 0.29% | 581,967 | SH |
| 32 | THE TRADE DESK INC | TTD | 88339J105 | $1.4M | 0.22% | 59,572 | SH |
| 33 | TENABLE HLDGS INC | TENB | 88025T102 | $1.2M | 0.20% | 69,904 | SH |
| 34 | NEUROPACE INC | NPCE | 641288105 | $1.1M | 0.18% | 80,945 | SH |
| 35 | RESEARCH SOLUTIONS INC | RSSS | 761025105 | $1.0M | 0.17% | 461,177 | SH |
| 36 | JAMES RIV GROUP HOLDINGS INC | JRVR | 46990A102 | $1.0M | 0.17% | 164,194 | SH |
| 37 | MERIDIAN HOLDINGS INC | MRDN | 381098409 | $1.0M | 0.17% | 140,266 | SH |
| 38 | PRECIPIO INC | PRPO | 74019L602 | $615.6K | 0.10% | 24,624 | SH |
| 39 | CRICUT INC | CRCT | 22658D100 | $460.2K | 0.08% | 123,061 | SH |
| 40 | 1STDIBS COM INC | DIBS | 320551104 | $405.0K | 0.07% | 73,643 | SH |
| 41 | NETSOL TECHNOLOGIES INC | NTWK | 64115A402 | $265.7K | 0.04% | 78,375 | SH |
| 42 | SONO TEK CORP | SOTK | 835483108 | $142.7K | 0.02% | 35,159 | SH |
| 43 | SOUNDTHINKING INC | SSTI | 82536T107 | $84.2K | 0.01% | 12,722 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |