1y return+23.0%S&P 500 +20.9%
3y return+72.4%S&P 500 +68.5%
5y return+53.8%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2019: $223 against $232 in the S&P 500.2
Kopion Asset Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VRNSVaronis Sys Inc | $16.0M | 10.1% | −22.9% |
| NICENice Ltd | $13.3M | 8.4% | +27.2% |
| TRUPTrupanion Inc | $13.0M | 8.2% | +30.9% |
| MGNIMagnite Inc | $12.8M | 8.1% | −21.2% |
| CERTCertara Inc | $12.2M | 7.7% | +44.2% |
| SSTISoundthinking Inc | $10.1M | 6.4% | +14.6% |
| AIOTPowerfleet Inc | $9.3M | 5.9% | |
| ACIWAci Worldwide Inc | $9.1M | 5.7% | |
| TNCTennant Co | $8.7M | 5.5% | −41.8% |
| Stratasys LtdCUSIP M85548101 | $8.1M | 5.1% | +2.3% |
| CGNXCognex Corp | $6.6M | 4.2% | −4.9% |
| Technipfmc PLCCUSIP G87110105 | $6.6M | 4.2% | −7.6% |
| ERIIEnergy Recovery Inc | $5.8M | 3.6% | +26.2% |
| TYLTyler Technologies Inc | $5.7M | 3.6% | +411.3% |
| HXLHexcel Corp New | $4.7M | 3.0% | −13.9% |
| BWABorgwarner Inc | $4.6M | 2.9% | −42.6% |
| Simulations Plus IncCUSIP 829214105 | $3.4M | 2.1% | −17.0% |
| CYRXCryoport Inc | $3.3M | 2.1% | |
| BILSpdr Series Trust | $2.9M | 1.8% | |
| TREXTrex Inc | $1.4M | 0.9% | New |
| COHRCoherent Corp | $663K | 0.4% | −36.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| COHRCoherent Corp | September 30, 2022 | +1031.9% | $663K |
| Technipfmc PLCCUSIP G87110105 | June 30, 2020 | +869.3% | $6.6M |
| HXLHexcel Corp New | June 30, 2020 | +121.3% | $4.7M |
| CYRXCryoport Inc | March 31, 2026 | +89.6% | $3.3M |
| BWABorgwarner Inc | June 30, 2020 | +88.1% | $4.6M |
| ACIWAci Worldwide Inc | June 30, 2020 | +86.3% | $9.1M |
| VRNSVaronis Sys Inc | June 30, 2020 | +42.3% | $16.0M |
| TNCTennant Co | June 30, 2020 | +34.7% | $8.7M |
| CGNXCognex Corp | June 30, 2020 | +21.3% | $6.6M |
| BILSpdr Series Trust | March 31, 2023 | −0.2% | $2.9M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +25.0% | +14.8% |
| March 31, 2026 | −7.8% | −4.6% |
| December 31, 2025 | −2.2% | +2.4% |
| September 30, 2025 | +9.1% | +7.8% |
| June 30, 2025 | +13.7% | +10.5% |
| March 31, 2025 | −7.3% | −4.6% |
| December 31, 2024 | +3.6% | +2.1% |
| September 30, 2024 | +5.7% | +5.4% |
| June 30, 2024 | +1.1% | +4.0% |
| March 31, 2024 | +9.3% | +10.0% |
| December 31, 2023 | +15.6% | +11.2% |
| September 30, 2023 | −4.9% | −3.6% |
| June 30, 2023 | +6.8% | +8.3% |
| March 31, 2023 | +13.6% | +7.0% |
| December 31, 2022 | +8.9% | +7.1% |
| September 30, 2022 | −1.5% | −5.3% |
| June 30, 2022 | −23.5% | −16.5% |
| March 31, 2022 | −1.5% | −4.9% |
| December 31, 2021 | +0.4% | +10.7% |
| September 30, 2021 | −9.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Kopion Asset Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1728689&type=13F-HR&dateb=&owner=include&count=40CIK 1728689
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1728689/000172868926000005/Filed July 7, 2026 · accession 0001728689-26-000005