Copeland Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Copeland Capital Management, LLC reported 272 stock positions worth $5.5 billion. Its top holding was Ensign (ENSG) at 2.3% of the portfolio, followed by Kinsale Capital (KNSL, 2.2%) and Casey's General Stores (CASY, 1.9%). Compared with Q4 2023, it opened 12 new positions, sold out of 17, added to 163 and reduced 37. The biggest buy was a new position in Hexcel (HXL) and the biggest sale Element Solutions (ESI, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- Conshohocken, PA
- CIK
- 0001541743
- Portfolio Value
- $5.5B (Q1 2024)
- SEC Filing
- 0001580642-24-002202 ↗ filed Apr 19, 2024
Holdings Value
Holdings 272 stocks · $5.5B
| ENSG The Ensign Group Inc. | 2.33% | 1,031,288 | $128.3M | Add +2.1% |
| KNSL Kinsale Capital Group Inc. | 2.17% | 227,783 | $119.5M | Add +13.3% |
| CASY Casey's General Stores Inc. | 1.93% | 334,281 | $106.5M | Add +8.3% |
| EHC Encompass Health Corp. | 1.89% | 1,257,322 | $103.8M | Add +2.5% |
| SXI Standex International Corp. | 1.82% | 550,404 | $100.3M | Add +2.6% |
| WING Wingstop Inc. | 1.79% | 268,075 | $98.2M | Reduce -25.2% |
| HLNE Hamilton Lane Inc. Class A | 1.74% | 851,242 | $96.0M | Reduce -10.5% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 1.69% | 1,811,496 | $93.2M | Add +10.3% |
| NOG Northern Oil and Gas Inc. | 1.60% | 2,217,989 | $88.0M | Add +2.5% |
| USPH U.S. Physical Therapy Inc. | 1.58% | 770,221 | $86.9M | Add +3.1% |
| IPAR Interparfums Inc. | 1.58% | 618,684 | $86.9M | Add +2.0% |
| TTEK Tetra Tech Inc. | 1.57% | 467,800 | $86.4M | Add +2.2% |
| LMAT Lemaitre Vascular Inc. | 1.56% | 1,290,893 | $85.7M | Add +2.5% |
| CNS Cohen & Steers Inc. | 1.50% | 1,074,209 | $82.6M | Add +2.5% |
| CHE Chemed Corp. | 1.49% | 128,105 | $82.2M | Add +2.2% |
| BC Brunswick Corp. | 1.49% | 849,080 | $82.0M | Add +2.2% |
| BWXT BWX Technologies Inc. | 1.49% | 798,568 | $81.9M | Reduce -19.4% |
| ALSN Allison Transmission Holding | 1.48% | 1,002,779 | $81.4M | Reduce -4.1% |
| NXST Nexstar Media Group Inc. | 1.44% | 460,748 | $79.4M | Reduce -11.3% |
| CIVI Civitas Resources Inc. | 1.43% | 1,037,258 | $78.7M | Add +2.4% |
| HOMB Home Bancshares Inc. | 1.43% | 3,200,830 | $78.6M | Add +2.2% |
| OZK Bank Ozk | 1.40% | 1,696,756 | $77.1M | Add +2.4% |
| STVN Stevanato Group SPA | 1.40% | 2,402,115 | $77.1M | Add +15.0% |
| CHRD Chord Energy Corp. | 1.40% | 431,916 | $77.0M | Add +2.3% |
| OLED Universal Display Corp. | 1.38% | 451,666 | $76.1M | Reduce -17.1% |
| TNL Travel + Leisure Co. | 1.37% | 1,534,380 | $75.1M | Add +3.9% |
| BIPC Brookfield Infrastructure-A | 1.35% | 2,065,231 | $74.4M | Add +4.0% |
| TRNO Terreno Realty Corp. | 1.34% | 1,113,893 | $74.0M | Add +3.2% |
| POWI Power Integrations Inc. | 1.28% | 987,372 | $70.6M | Add +22.4% |
| VMI Valmont Industries | 1.26% | 303,135 | $69.2M | Add +2.6% |
| CGNX Cognex Corp. | 1.23% | 1,595,899 | $67.7M | Add +227.8% |
| KWR Quaker Chemical Corporation | 1.22% | 327,051 | $67.1M | Add +2.6% |
| SSTK Shutterstock Inc. | 1.21% | 1,450,155 | $66.4M | Add +4.0% |
| UFPI Ufp Industries Inc. | 1.20% | 537,937 | $66.2M | Add +2.4% |
| PRGO Perrigo Co. PLC | 1.19% | 2,041,604 | $65.7M | Add +4.0% |
| RS Reliance Inc. | 1.16% | 191,381 | $64.0M | Add +4.7% |
| CCOI Cogent Communications Holdin | 1.14% | 962,311 | $62.9M | Add +2.2% |
| LSTR Landstar System Inc. | 1.14% | 325,675 | $62.8M | Add +2.3% |
| LFUS Littelfuse Inc. | 1.13% | 256,993 | $62.3M | Add +1.9% |
| HXL Hexcel Corp. | 1.10% | 827,274 | $60.3M | New |
| KLIC Kulicke & Soffa Industries | 1.10% | 1,197,787 | $60.3M | Add +2.1% |
| MTRN Materion Corp. | 1.09% | 456,736 | $60.2M | Add +1.4% |
| CNXC Concentrix Corp. | 1.05% | 874,972 | $57.9M | Add +113.0% |
| CPK Chesapeake Utilities Corp. | 1.05% | 536,856 | $57.6M | Add +2.9% |
| AGM Federal Agric MTG Corp. Class C | 1.03% | 288,766 | $56.9M | Add +1.3% |
| UTZ Utz Brands Inc. | 1.02% | 3,033,925 | $55.9M | Add +2.8% |
| CRAI Cra International Inc. | 1.01% | 372,247 | $55.7M | Add +3.0% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 1.00% | 1,498,141 | $54.9M | Add +1.4% |
| UNF Unifirst Corp. | 0.93% | 296,188 | $51.4M | Add +3.1% |
| NSP Insperity Inc. | 0.93% | 467,770 | $51.3M | Reduce -33.5% |
| STE Steris PLC | 0.90% | 220,232 | $49.5M | Add +5.6% |
| LKFN Lakeland Financial Corp. | 0.89% | 740,353 | $49.1M | Add +1.6% |
| POOL Pool Corp. | 0.82% | 112,427 | $45.4M | Add +9.6% |
| DKS Dick's Sporting Goods Inc. | 0.81% | 198,656 | $44.7M | Reduce -12.2% |
| CBT Cabot Corp. | 0.80% | 477,829 | $44.1M | Add +1.3% |
| CSL Carlisle Cos Inc. | 0.76% | 107,236 | $42.0M | Add +3.0% |
| AGNT Agnt Inc. filed as EXP WORLD HLDGS INC | 0.74% | 3,941,876 | $40.7M | Add +1.9% |
| BAH Booz Allen Hamilton Holdings | 0.72% | 266,148 | $39.5M | Reduce -10.8% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.71% | 2,421,907 | $39.3M | Add +3.7% |
| BR Broadridge Financial Solutio | 0.71% | 191,765 | $39.3M | Add +3.6% |
| DPZ Domino's Pizza Inc. | 0.71% | 78,193 | $38.9M | Add +3.5% |
| FDS Factset Research Systems Inc. | 0.70% | 85,110 | $38.7M | Add +4.7% |
| KFRC Kforce Inc. | 0.69% | 534,835 | $37.7M | Add +1.4% |
| MTDR Matador Resources Co. | 0.64% | 524,269 | $35.0M | Add +4.0% |
| WCC Wesco International Inc. | 0.62% | 199,013 | $34.1M | New |
| NDSN Nordson Corp. | 0.61% | 122,143 | $33.5M | Add +3.7% |
| MORN Morningstar Inc. | 0.59% | 104,693 | $32.3M | Add +4.3% |
| CHDN Churchill Downs Inc. | 0.58% | 260,025 | $32.2M | Add +2.2% |
| AVGO Broadcom Inc. | 0.58% | 24,213 | $32.1M | Add +7.4% |
| PZZA Papa John's Intl Inc. | 0.57% | 473,174 | $31.5M | Add +3.5% |
| GFL GFL Environmental Inc.-Sub VT | 0.56% | 896,708 | $30.9M | Add +4.8% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.56% | 177,561 | $30.8M | Add +3.6% |
| PB Prosperity Bancshares Inc. | 0.54% | 454,106 | $29.9M | Add +26.3% |
| SNDR Schneider National Inc. Class B | 0.53% | 1,294,385 | $29.3M | Add +162.6% |
| NXRT Nexpoint Residential | 0.52% | 896,238 | $28.8M | Add +3.3% |
| MSFT Microsoft Corp. | 0.50% | 65,344 | $27.5M | Add +8.1% |
| TRU Transunion | 0.49% | 339,132 | $27.1M | Add +1.6% |
| DGX Quest Diagnostics Inc. | 0.48% | 197,427 | $26.3M | Add +3.5% |
| CUBE Cubesmart | 0.47% | 567,597 | $25.7M | Add +3.4% |
| HII Huntington Ingalls Industrie | 0.44% | 83,344 | $24.3M | Add +3.4% |
| GL Globe Life Inc. | 0.44% | 208,525 | $24.3M | Add +3.7% |
| V Visa Inc. Class A | 0.42% | 83,054 | $23.2M | Add +8.3% |
| WCN Waste Connections Inc. | 0.40% | 129,467 | $22.3M | Add +8.2% |
| UNH Unitedhealth Group Inc. | 0.39% | 43,009 | $21.3M | Add +8.0% |
| FANG Diamondback Energy Inc. | 0.38% | 104,176 | $20.6M | Add +8.3% |
| MSI Motorola Solutions Inc. | 0.37% | 56,587 | $20.1M | Add +8.1% |
| LLY Eli Lilly & Co. | 0.36% | 25,477 | $19.8M | Add +8.1% |
| CABO Cable One Inc. | 0.36% | 46,296 | $19.6M | Reduce -41.3% |
| AAPL Apple Inc. | 0.36% | 114,111 | $19.6M | Reduce -13.7% |
| AMP Ameriprise Financial Inc. | 0.34% | 43,089 | $18.9M | Add +15.6% |
| MS Morgan Stanley | 0.34% | 198,591 | $18.7M | Add +40.7% |
| INTU Intuit Inc. | 0.34% | 28,733 | $18.7M | Add +7.9% |
| IRMD Iradimed Corp. | 0.33% | 418,149 | $18.4M | Add +49268.2% |
| MSCI MSCI Inc. | 0.32% | 30,960 | $17.4M | Add +34.4% |
| CDW CDW Corp. | 0.31% | 66,617 | $17.0M | Add +7.8% |
| SHW The Sherwin-Williams Co. | 0.31% | 48,925 | $17.0M | Reduce -10.2% |
| OTIS Otis Worldwide Corp. | 0.30% | 168,831 | $16.8M | Add +8.1% |
| COST Costco Wholesale Corp. | 0.30% | 22,741 | $16.7M | Add +7.7% |
| PSMT Pricesmart Inc. | 0.29% | 192,930 | $16.2M | New |
| ROST Ross Stores Inc. | 0.29% | 110,045 | $16.2M | Add +8.0% |
Portfolio Sells Q4 2023 → Q1 2024
| ESI Element Solutions Inc. | Reduce -84.3% | 0.20% | −1.08 |
| ABM Abm Industries Inc. | Reduce -99.9% | 0.00% | −0.95 |
| NSP Insperity Inc. | Reduce -33.5% | 0.93% | −0.72 |
| OLED Universal Display Corp. | Reduce -17.1% | 1.38% | −0.71 |
| CABO Cable One Inc. | Reduce -41.3% | 0.36% | −0.52 |
| HLNE Hamilton Lane Inc. Class A | Reduce -10.5% | 1.74% | −0.42 |
| BLK BlackRock Finance Inc. | Reduce -98.2% | 0.00% | −0.28 |
| APD Air Products & Chemicals Inc. | Reduce -100.0% | 0.00% | −0.26 |
| IWM iShares Russell 2000 ETF | Reduce -99.4% | 0.00% | −0.25 |
| DFS Discover Financial Services | Reduce -92.2% | 0.02% | −0.24 |
| NXST Nexstar Media Group Inc. | Reduce -11.3% | 1.44% | −0.19 |
| AAPL Apple Inc. | Reduce -13.7% | 0.36% | −0.15 |
| WING Wingstop Inc. | Reduce -25.2% | 1.79% | −0.06 |
| BAH Booz Allen Hamilton Holdings | Reduce -10.8% | 0.72% | −0.05 |
| BWXT BWX Technologies Inc. | Reduce -19.4% | 1.49% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -10.2% | 0.31% | −0.03 |
| PAYC Paycom Software Inc. | Reduce -87.4% | 0.00% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -56.6% | 0.00% | −0.00 |
| AMT American Tower Corp. | Reduce -0.5% | 0.01% | −0.00 |
| ARIS WATER SOLUTIONS INC-A | Sold out | 0.00% | −0.00 |
| MCD McDonald's Corp. | Reduce -13.0% | 0.00% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Reduce -83.8% | 0.00% | −0.00 |
| JNJ Johnson & Johnson | Reduce -1.6% | 0.01% | −0.00 |
| RBB RBB Bancorp | Sold out | 0.00% | −0.00 |
| SPFI South Plains Financial Inc. | Sold out | 0.00% | −0.00 |
| SBGI Sinclair Inc. | Sold out | 0.00% | −0.00 |
| KW Kennedy-Wilson Holdings Inc. | Sold out | 0.00% | −0.00 |
| ENTG Entegris Inc. | Reduce -56.0% | 0.00% | −0.00 |
| ISTR Investar Holding Corp. | Reduce -21.4% | 0.00% | −0.00 |
| SNA Snap-on Inc. | Reduce -74.5% | 0.00% | −0.00 |
| ABBV Abbvie Inc. | Reduce -8.1% | 0.00% | −0.00 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.00 |
| BMI Badger Meter Inc. | Reduce -94.7% | 0.00% | −0.00 |
| WRB WR Berkley Corp. | Sold out | 0.00% | −0.00 |
| CTRA Coterra Energy Inc. | Reduce -37.9% | 0.00% | −0.00 |
| EXPD Expeditors Intl Wash Inc. | Sold out | 0.00% | −0.00 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.00 |
| SCZ iShares MSCI Eafe Small-Cap | Sold out | 0.00% | −0.00 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.00 |
| TLPFY Teleperformance-Unspon ADR | Sold out | 0.00% | −0.00 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.00 |
| WST West Pharmaceutical Services | Reduce -2.3% | 0.03% | −0.00 |
| MSM MSC Industrial Direct Co. Class A | Reduce -82.1% | 0.00% | 0.00 |
| MKKGY Merck Kgaa-Sponsored ADR | Sold out | 0.00% | 0.00 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | 0.00 |
| R Ryder System Inc. | Sold out | 0.00% | 0.00 |
| SHECY Shin-Etsu Chem-Unspon ADR | Reduce -21.3% | 0.00% | 0.00 |
| TTEC Ttec Holdings Inc. | Sold out | 0.00% | 0.00 |
| RMD Resmed Inc. | Reduce -2.3% | 0.03% | +0.00 |
| APH Amphenol Corp. Class A | Reduce -2.2% | 0.03% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| HXL Hexcel Corp. | New | 1.10% | +1.10 |
| CGNX Cognex Corp. | Add +227.8% | 1.23% | +0.82 |
| KNSL Kinsale Capital Group Inc. | Add +13.3% | 2.17% | +0.82 |
| WCC Wesco International Inc. | New | 0.62% | +0.62 |
| IRMD Iradimed Corp. | Add +49268.2% | 0.33% | +0.33 |
| AL Sumisho Air Lease Corp. | Add +10.3% | 1.69% | +0.31 |
| CRAI Cra International Inc. | Add +3.0% | 1.01% | +0.30 |
| PSMT Pricesmart Inc. | New | 0.29% | +0.29 |
| SNDR Schneider National Inc. Class B | Add +162.6% | 0.53% | +0.28 |
| AESI Atlas Energy Solutions Inc. | New | 0.28% | +0.28 |
| RHP Ryman Hospitality Properties | New | 0.26% | +0.26 |
| STVN Stevanato Group SPA | Add +15.0% | 1.40% | +0.26 |
| EHC Encompass Health Corp. | Add +2.5% | 1.89% | +0.25 |
| CNXC Concentrix Corp. | Add +113.0% | 1.05% | +0.24 |
| CASY Casey's General Stores Inc. | Add +8.3% | 1.93% | +0.24 |
| TNL Travel + Leisure Co. | Add +3.9% | 1.37% | +0.21 |
| WINA Winmark Corp. | Add +57401.8% | 0.21% | +0.21 |
| CHX Championx Corp. | New | 0.20% | +0.20 |
| USPH U.S. Physical Therapy Inc. | Add +3.1% | 1.58% | +0.19 |
| RS Reliance Inc. | Add +4.7% | 1.16% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +7438.0% | 0.14% | +0.14 |
| LMAT Lemaitre Vascular Inc. | Add +2.5% | 1.56% | +0.12 |
| SXI Standex International Corp. | Add +2.6% | 1.82% | +0.12 |
| NSSC Napco Security Technologies | Add +17893.2% | 0.12% | +0.12 |
| CSL Carlisle Cos Inc. | Add +3.0% | 0.76% | +0.11 |
| SHOE Shoe Station Group Inc. | Add +1.4% | 1.00% | +0.10 |
| LLY Eli Lilly & Co. | Add +8.1% | 0.36% | +0.08 |
| DPZ Domino's Pizza Inc. | Add +3.5% | 0.71% | +0.08 |
| AVGO Broadcom Inc. | Add +7.4% | 0.58% | +0.08 |
| FANG Diamondback Energy Inc. | Add +8.3% | 0.38% | +0.08 |
| MS Morgan Stanley | Add +40.7% | 0.34% | +0.08 |
| MTDR Matador Resources Co. | Add +4.0% | 0.64% | +0.06 |
| ENSG The Ensign Group Inc. | Add +2.1% | 2.33% | +0.06 |
| AMP Ameriprise Financial Inc. | Add +15.6% | 0.34% | +0.06 |
| UTZ Utz Brands Inc. | Add +2.8% | 1.02% | +0.06 |
| PB Prosperity Bancshares Inc. | Add +26.3% | 0.54% | +0.05 |
| MSCI MSCI Inc. | Add +34.4% | 0.32% | +0.05 |
| WCN Waste Connections Inc. | Add +8.2% | 0.40% | +0.05 |
| MSFT Microsoft Corp. | Add +8.1% | 0.50% | +0.04 |
| CIVI Civitas Resources Inc. | Add +2.4% | 1.43% | +0.04 |
| TTEK Tetra Tech Inc. | Add +2.2% | 1.57% | +0.04 |
| MSI Motorola Solutions Inc. | Add +8.1% | 0.37% | +0.04 |
| TRU Transunion | Add +1.6% | 0.49% | +0.03 |
| ADP Automatic Data Processing | Add +16.5% | 0.25% | +0.03 |
| CDW CDW Corp. | Add +7.8% | 0.31% | +0.03 |
| STZ Constellation Brands Inc. Class A | Add +8.4% | 0.28% | +0.03 |
| CHE Chemed Corp. | Add +2.2% | 1.49% | +0.03 |
| OTIS Otis Worldwide Corp. | Add +8.1% | 0.30% | +0.02 |
| COST Costco Wholesale Corp. | Add +7.7% | 0.30% | +0.02 |
| HII Huntington Ingalls Industrie | Add +3.4% | 0.44% | +0.02 |
Notes & Other Activity Q4 2023 → Q1 2024
| DHR Danaher Corp. | COM | Sold out | 0 | $14before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 265 | $4.9B | KLIC, PSMT, LFUS, CGNX, AAON |
| Q1 2026 | 257 | $4.5B | ENSG, PSMT, LMAT, LFUS, WCC |
| Q4 2025 | 297 | $4.5B | ENSG, WCC, VMI, EHC, PSMT |
| Q3 2025 | 291 | $4.8B | ENSG, EHC, VMI, PSMT, LMAT |
| Q2 2025 | 284 | $4.9B | ENSG, EHC, KNSL, AL, HOMB |
| Q1 2025 | 282 | $5.0B | EHC, ENSG, HLNE, KNSL, CASY |
| Q4 2024 | 294 | $5.4B | ENSG, EHC, HLNE, LMAT, KNSL |
| Q3 2024 | 279 | $5.7B | HLNE, ENSG, EHC, LMAT, KNSL |
| Q2 2024 | 146 | $5.3B | ENSG, EHC, HLNE, CASY, WING |
| Q1 2024 | 272 | $5.5B | ENSG, KNSL, CASY, EHC, SXI |