Copeland Capital Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 26, 2024), Copeland Capital Management, LLC reported 146 stock positions worth $5.3 billion. Its top holding was Ensign (ENSG) at 2.4% of the portfolio, followed by Encompass Health (EHC, 2.0%) and Hamilton Lane Class A (HLNE, 2.0%). Compared with Q1 2024, it opened 7 new positions, sold out of 133, added to 100 and reduced 32. The biggest buy was a new position in Sensata Technologies Holdplc (ST) and the biggest sale Bank Ozk (OZK, shares −99%).

Most Recent 13F
Q2 2026
Location
Conshohocken, PA
CIK
0001541743
Portfolio Value
$5.3B (Q2 2024)
SEC Filing
0001580642-24-003876 ↗ filed Jul 26, 2024

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $5.5B Q1 2024 Q2 2024: $5.3B $5.3B Q2 2024 Q3 2024: $5.7B Q3 2024 Q4 2024: $5.4B Q4 2024 Q1 2025: $5.0B Q1 2025 Q2 2025: $4.9B Q2 2025 Q3 2025: $4.8B Q3 2025 Q4 2025: $4.5B Q4 2025 Q1 2026: $4.5B Q1 2026 Q2 2026: $4.9B Q2 2026

Holdings 146 stocks · $5.3B
ENSG The Ensign Group Inc. 2.40% 1,034,887 $128.0M Add +0.3%
EHC Encompass Health Corp. 2.04% 1,272,117 $109.1M Add +1.2%
HLNE Hamilton Lane Inc. Class A 1.98% 856,291 $105.8M Add +0.6%
CASY Casey's General Stores Inc. 1.95% 273,443 $104.3M Reduce -18.2%
WING Wingstop Inc. 1.81% 228,531 $96.6M Reduce -14.8%
TTEK Tetra Tech Inc. 1.79% 468,899 $95.9M Add +0.2%
OLED Universal Display Corp. 1.79% 454,429 $95.5M Add +0.6%
LMAT Lemaitre Vascular Inc. 1.77% 1,152,074 $94.8M Reduce -10.8%
SXI Standex International Corp. 1.66% 551,963 $88.9M Add +0.3%
KNSL Kinsale Capital Group Inc. 1.66% 230,618 $88.9M Add +1.2%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 1.62% 1,818,553 $86.4M Add +0.4%
VMI Valmont Industries 1.56% 304,469 $83.6M Add +0.4%
CNS Cohen & Steers Inc. 1.47% 1,080,677 $78.4M Add +0.6%
NOG Northern Oil and Gas Inc. 1.45% 2,084,635 $77.5M Reduce -6.0%
NXST Nexstar Media Group Inc. 1.44% 463,899 $77.0M Add +0.7%
HOMB Home Bancshares Inc. 1.44% 3,212,040 $77.0M Add +0.3%
CGNX Cognex Corp. 1.40% 1,604,461 $75.0M Add +0.5%
CHRD Chord Energy Corp. 1.36% 434,129 $72.8M Add +0.5%
CIVI Civitas Resources Inc. 1.35% 1,042,130 $71.9M Add +0.5%
LSTR Landstar System Inc. 1.33% 384,512 $70.9M Add +18.1%
USPH U.S. Physical Therapy Inc. 1.32% 765,668 $70.8M Reduce -0.6%
IPAR Interparfums Inc. 1.32% 609,446 $70.7M Reduce -1.5%
POWI Power Integrations Inc. 1.31% 993,729 $69.7M Add +0.6%
CHE Chemed Corp. 1.30% 128,492 $69.7M Add +0.3%
BIPC Brookfield Infrastructure-A 1.30% 2,057,995 $69.3M Reduce -0.3%
TNL Travel + Leisure Co. 1.30% 1,539,600 $69.3M Add +0.3%
BWXT BWX Technologies Inc. 1.26% 706,050 $67.1M Reduce -11.6%
LFUS Littelfuse Inc. 1.24% 259,138 $66.2M Add +0.8%
TRNO Terreno Realty Corp. 1.24% 1,115,455 $66.0M Add +0.1%
KWR Quaker Chemical Corporation 1.23% 386,127 $65.5M Add +18.1%
HXL Hexcel Corp. 1.21% 1,032,080 $64.5M Add +24.8%
SSTK Shutterstock Inc. 1.17% 1,614,484 $62.5M Add +11.3%
CNXC Concentrix Corp. 1.17% 985,722 $62.4M Add +12.7%
BC Brunswick Corp. 1.15% 847,971 $61.7M Reduce -0.1%
UFPI Ufp Industries Inc. 1.13% 540,682 $60.6M Add +0.5%
KLIC Kulicke & Soffa Industries 1.11% 1,204,878 $59.3M Add +0.6%
CPK Chesapeake Utilities Corp. 1.08% 541,307 $57.5M Add +0.8%
RS Reliance Inc. 1.04% 194,427 $55.5M Add +1.6%
ST Sensata Technologies Holdplc 1.03% 1,468,896 $54.9M New
CRAI Cra International Inc. 1.02% 316,649 $54.5M Reduce -14.9%
CCOI Cogent Communications Holdin 1.01% 958,654 $54.1M Reduce -0.4%
AGM Federal Agric MTG Corp. Class C 0.98% 290,343 $52.5M Add +0.6%
PRGO Perrigo Co. PLC 0.97% 2,017,383 $51.8M Reduce -1.2%
UTZ Utz Brands Inc. 0.95% 3,053,204 $50.8M Add +0.6%
UNF Unifirst Corp. 0.95% 295,536 $50.7M Reduce -0.2%
STE Steris PLC 0.92% 222,798 $48.9M Add +1.2%
SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC 0.92% 1,325,575 $48.9M Reduce -11.5%
ALSN Allison Transmission Holding 0.90% 630,716 $47.9M Reduce -37.1%
LKFN Lakeland Financial Corp. 0.86% 744,616 $45.8M Add +0.6%
AGNT Agnt Inc. filed as EXP WORLD HLDGS INC 0.83% 3,916,885 $44.2M Reduce -0.6%
CBT Cabot Corp. 0.83% 480,074 $44.1M Add +0.5%
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.82% 2,752,170 $44.0M Add +13.6%
MTRN Materion Corp. 0.82% 403,199 $43.6M Reduce -11.7%
CSL Carlisle Cos Inc. 0.81% 106,584 $43.2M Reduce -0.6%
NSP Insperity Inc. 0.80% 469,410 $42.8M Add +0.3%
BAH Booz Allen Hamilton Holdings 0.77% 267,029 $41.1M Add +0.3%
DPZ Domino's Pizza Inc. 0.76% 78,407 $40.5M Add +0.3%
SNDR Schneider National Inc. Class B 0.71% 1,579,720 $38.2M Add +22.0%
BR Broadridge Financial Solutio 0.71% 192,702 $38.0M Add +0.5%
FSV Firstservice Corp. 0.69% 242,407 $36.9M New
CHDN Churchill Downs Inc. 0.69% 264,111 $36.9M Add +1.6%
NXRT Nexpoint Residential 0.67% 900,723 $35.6M Add +0.5%
DKS Dick's Sporting Goods Inc. 0.66% 163,688 $35.2M Reduce -17.6%
GFL GFL Environmental Inc.-Sub VT 0.66% 901,702 $35.1M Add +0.6%
FDS Factset Research Systems Inc. 0.66% 85,724 $35.0M Add +0.7%
POOL Pool Corp. 0.65% 112,949 $34.7M Add +0.5%
AVGO Broadcom Inc. 0.63% 21,118 $33.9M Reduce -12.8%
KFRC Kforce Inc. 0.63% 538,166 $33.4M Add +0.6%
PSMT Pricesmart Inc. 0.62% 405,286 $32.9M Add +110.1%
WCC Wesco International Inc. 0.61% 205,783 $32.6M Add +3.4%
STVN Stevanato Group SPA 0.59% 1,711,668 $31.4M Reduce -28.7%
AESI Atlas Energy Solutions Inc. 0.59% 1,572,804 $31.3M Add +130.6%
MTDR Matador Resources Co. 0.59% 525,049 $31.3M Add +0.1%
MORN Morningstar Inc. 0.58% 104,968 $31.1M Add +0.3%
MSFT Microsoft Corp. 0.57% 67,729 $30.3M Add +3.6%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.55% 177,810 $29.5M Add +0.1%
CHX Championx Corp. 0.55% 877,986 $29.2M Add +188.4%
TRU Transunion 0.55% 393,116 $29.2M Add +15.9%
NDSN Nordson Corp. 0.53% 122,146 $28.3M Add +0.0%
PB Prosperity Bancshares Inc. 0.53% 460,322 $28.1M Add +1.4%
DGX Quest Diagnostics Inc. 0.51% 198,767 $27.2M Add +0.7%
NSSC Napco Security Technologies 0.48% 497,692 $25.9M Add +209.1%
CUBE Cubesmart 0.48% 569,637 $25.7M Add +0.4%
AAPL Apple Inc. 0.46% 117,344 $24.7M Add +2.8%
LLY Eli Lilly & Co. 0.45% 26,363 $23.9M Add +3.5%
RHP Ryman Hospitality Properties 0.44% 236,234 $23.6M Add +88.7%
WCN Waste Connections Inc. 0.44% 134,134 $23.5M Add +3.6%
UNH Unitedhealth Group Inc. 0.42% 44,565 $22.7M Add +3.6%
MSI Motorola Solutions Inc. 0.42% 58,557 $22.6M Add +3.5%
V Visa Inc. Class A 0.42% 86,118 $22.6M Add +3.7%
WINA Winmark Corp. 0.42% 63,468 $22.4M Add +100.7%
FANG Diamondback Energy Inc. 0.40% 107,168 $21.5M Add +2.9%
BSY Bentley Systems Inc. Class B 0.39% 424,970 $21.0M New
HII Huntington Ingalls Industrie 0.39% 83,621 $20.6M Add +0.3%
MS Morgan Stanley 0.37% 206,102 $20.0M Add +3.8%
INTU Intuit Inc. 0.37% 29,735 $19.5M Add +3.5%
COST Costco Wholesale Corp. 0.37% 22,976 $19.5M Add +1.0%
AMP Ameriprise Financial Inc. 0.36% 44,624 $19.1M Add +3.6%
IRMD Iradimed Corp. 0.35% 420,992 $18.5M Add +0.7%
ZTS Zoetis Inc. 0.32% 99,586 $17.3M Add +5.0%
OTIS Otis Worldwide Corp. 0.32% 174,945 $16.8M Add +3.6%
ROST Ross Stores Inc. 0.31% 114,941 $16.7M Add +4.5%
CABO Cable One Inc. 0.31% 46,509 $16.5M Add +0.5%
MAR Marriott International Class A 0.31% 67,465 $16.3M New
MSCI MSCI Inc. 0.29% 32,144 $15.5M Add +3.8%
CDW CDW Corp. 0.29% 68,872 $15.4M Add +3.4%
SHW The Sherwin-Williams Co. 0.28% 50,664 $15.1M Add +3.5%
STZ Constellation Brands Inc. Class A 0.28% 58,550 $15.1M Add +2.7%
NEE Nextera Energy Inc. 0.28% 211,114 $14.9M Add +3.3%
EQIX Equinix Inc. 0.27% 18,877 $14.3M Add +5.2%
HD Home Depot Inc. 0.27% 41,308 $14.2M Add +3.5%
ADP Automatic Data Processing 0.25% 56,631 $13.5M Add +3.5%
MPWR Monolithic Power Systems Inc. 0.25% 16,361 $13.4M Add +3.1%
WH Wyndham Hotels & Resorts Inc. 0.24% 175,570 $13.0M New
LNG Cheniere Energy Inc. 0.22% 66,163 $11.6M Add +3.4%
IWR iShares Russell Mid-Cap ETF 0.21% 138,235 $11.2M Add +36.8%
ACN Accenture PLC Class A 0.21% 36,407 $11.0M Add +2.9%
ODFL Old Dominion Freight Line 0.19% 57,349 $10.1M Add +4.2%
CRM Salesforce Inc. 0.17% 36,115 $9.3M New
JPM JPMorgan Chase & Co. 0.17% 44,042 $8.9M Add +16.9%
APH Amphenol Corp. Class A 0.03% 21,998 $1.5M Reduce -9.9%
RMD Resmed Inc. 0.03% 7,018 $1.3M Reduce -3.4%
TSCO Tractor Supply Company 0.02% 4,774 $1.3M Reduce -3.3%
AWK American Water Works Co. Inc. 0.02% 9,340 $1.2M Add +0.9%
ARE Alexandria Real Estate Equit 0.02% 10,223 $1.2M Reduce -3.3%
NDAQ Nasdaq Inc. 0.02% 18,908 $1.1M Add +2.7%
JBHT Hunt (jb) Transprt SVCS Inc. 0.02% 6,976 $1.1M Add +24.0%
WST West Pharmaceutical Services 0.02% 3,387 $1.1M Reduce -3.2%
ELS Equity Lifestyle Properties 0.02% 15,950 $1.0M Reduce -3.4%
BAM Brookfield Asset Mgmt-A 0.02% 27,122 $1.0M Add +732.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.02% 20,305 $958K Add +10.7%
CTVA Corteva Inc. 0.02% 16,754 $904K Reduce -3.1%
ALL Allstate Corp. 0.02% 5,596 $893K Reduce -20.1%
IWM iShares Russell 2000 ETF 0.01% 3,136 $636K Add +702.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.01% 2,584 $626K Add +489.9%
WARPAINT LONDON PLC ORD GBP0.2 0.01% 63,987 $497K New
XOM Exxon Mobil Corp. 0.01% 3,125 $360K Reduce -16.1%
OZK Bank Ozk 0.01% 8,666 $355K Reduce -99.5%
AMT American Tower Corp. 0.01% 1,438 $280K No change
JNJ Johnson & Johnson 0.01% 1,828 $267K No change
CHD Church & Dwight Co. Inc. 0.00% 2,533 $263K No change
BLK BlackRock Finance Inc. 0.00% 305 $240K No change
HUM Humana Inc. 0.00% 635 $237K No change
ABBV Abbvie Inc. 0.00% 1,323 $227K No change
SSNC Ss&c Technologies Holdings 0.00% 3,560 $223K No change
DFS Discover Financial Services 0.00% 1,577 $206K Reduce -82.8%

Portfolio Sells Q1 2024 → Q2 2024
OZK Bank Ozk Reduce -99.5% 0.01% −1.40
STVN Stevanato Group SPA Reduce -28.7% 0.59% −0.81
ALSN Allison Transmission Holding Reduce -37.1% 0.90% −0.58
PZZA Papa John's Intl Inc. Sold out 0.00% −0.57
GL Globe Life Inc. Sold out 0.00% −0.44
BC Brunswick Corp. Reduce -0.1% 1.15% −0.33
MTRN Materion Corp. Reduce -11.7% 0.82% −0.28
IPAR Interparfums Inc. Reduce -1.5% 1.32% −0.26
USPH U.S. Physical Therapy Inc. Reduce -0.6% 1.32% −0.26
SBUX Starbucks Corp. Sold out 0.00% −0.25
BWXT BWX Technologies Inc. Reduce -11.6% 1.26% −0.23
PRGO Perrigo Co. PLC Reduce -1.2% 0.97% −0.22
ESI Element Solutions Inc. Sold out 0.00% −0.20
DKS Dick's Sporting Goods Inc. Reduce -17.6% 0.66% −0.15
NOG Northern Oil and Gas Inc. Reduce -6.0% 1.45% −0.15
CCOI Cogent Communications Holdin Reduce -0.4% 1.01% −0.13
SHOE Shoe Station Group Inc. Reduce -11.5% 0.92% −0.08
BIPC Brookfield Infrastructure-A Reduce -0.3% 1.30% −0.06
DFS Discover Financial Services Reduce -82.8% 0.00% −0.02
ALL Allstate Corp. Reduce -20.1% 0.02% −0.01
ALB Albemarle Corp. Sold out 0.00% −0.00
WST West Pharmaceutical Services Reduce -3.2% 0.02% −0.00
EGP Eastgroup Properties Inc. Sold out 0.00% −0.00
MMM 3M Co. Sold out 0.00% −0.00
ABT Abbott Laboratories Sold out 0.00% −0.00
PPG PPG Industries Inc. Sold out 0.00% −0.00
PFE Pfizer Inc. Sold out 0.00% −0.00
ARE Alexandria Real Estate Equit Reduce -3.3% 0.02% −0.00
PAYC Paycom Software Inc. Sold out 0.00% −0.00
AMGN Amgen Inc. Sold out 0.00% −0.00
MCD McDonald's Corp. Sold out 0.00% −0.00
SYF Synchrony Financial Sold out 0.00% −0.00
PEP Pepsico Inc. Sold out 0.00% −0.00
MRK Merck & Co. Inc. Sold out 0.00% −0.00
CTVA Corteva Inc. Reduce -3.1% 0.02% −0.00
XOM Exxon Mobil Corp. Reduce -16.1% 0.01% −0.00
ABM Abm Industries Inc. Sold out 0.00% −0.00
RMD Resmed Inc. Reduce -3.4% 0.03% −0.00
GE General Electric Sold out 0.00% −0.00
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.00
PATK Patrick Industries Inc. Sold out 0.00% −0.00
LIN Linde PLC Sold out 0.00% −0.00
ATRI Atrion Corporation Sold out 0.00% −0.00
GIC Global Industrial Co. Sold out 0.00% −0.00
GRC Gorman-Rupp Co. Sold out 0.00% −0.00
HSTM Healthstream Inc. Sold out 0.00% −0.00
KRT Karat Packaging Inc. Sold out 0.00% −0.00
PKE Park Aerospace Corp. Sold out 0.00% −0.00
REPX Riley Exploration Permian Inc. Sold out 0.00% −0.00
SCL Stepan Co. Sold out 0.00% −0.00

Portfolio Buys Q1 2024 → Q2 2024
ST Sensata Technologies Holdplc New 1.03% +1.03
FSV Firstservice Corp. New 0.69% +0.69
OLED Universal Display Corp. Add +0.6% 1.79% +0.41
BSY Bentley Systems Inc. Class B New 0.39% +0.39
NSSC Napco Security Technologies Add +209.1% 0.48% +0.37
CHX Championx Corp. Add +188.4% 0.55% +0.35
PSMT Pricesmart Inc. Add +110.1% 0.62% +0.32
VMI Valmont Industries Add +0.4% 1.56% +0.31
AESI Atlas Energy Solutions Inc. Add +130.6% 0.59% +0.31
MAR Marriott International Class A New 0.31% +0.31
WH Wyndham Hotels & Resorts Inc. New 0.24% +0.24
HLNE Hamilton Lane Inc. Class A Add +0.6% 1.98% +0.24
TTEK Tetra Tech Inc. Add +0.2% 1.79% +0.22
WINA Winmark Corp. Add +100.7% 0.42% +0.21
LSTR Landstar System Inc. Add +18.1% 1.33% +0.19
SNDR Schneider National Inc. Class B Add +22.0% 0.71% +0.18
RHP Ryman Hospitality Properties Add +88.7% 0.44% +0.18
CGNX Cognex Corp. Add +0.5% 1.40% +0.17
CRM Salesforce Inc. New 0.17% +0.17
EHC Encompass Health Corp. Add +1.2% 2.04% +0.16
NXRT Nexpoint Residential Add +0.5% 0.67% +0.14
CNXC Concentrix Corp. Add +12.7% 1.17% +0.11
HXL Hexcel Corp. Add +24.8% 1.21% +0.11
UMH Umh Properties Inc. Add +13.6% 0.82% +0.11
LFUS Littelfuse Inc. Add +0.8% 1.24% +0.11
AAPL Apple Inc. Add +2.8% 0.46% +0.11
CHDN Churchill Downs Inc. Add +1.6% 0.69% +0.11
GFL GFL Environmental Inc.-Sub VT Add +0.6% 0.66% +0.09
LLY Eli Lilly & Co. Add +3.5% 0.45% +0.09
MSFT Microsoft Corp. Add +3.6% 0.57% +0.07
ENSG The Ensign Group Inc. Add +0.3% 2.40% +0.06
COST Costco Wholesale Corp. Add +1.0% 0.37% +0.06
MSI Motorola Solutions Inc. Add +3.5% 0.42% +0.06
MPWR Monolithic Power Systems Inc. Add +3.1% 0.25% +0.06
IWR iShares Russell Mid-Cap ETF Add +36.8% 0.21% +0.06
TRU Transunion Add +15.9% 0.55% +0.05
DPZ Domino's Pizza Inc. Add +0.3% 0.76% +0.05
BAH Booz Allen Hamilton Holdings Add +0.3% 0.77% +0.05
NEE Nextera Energy Inc. Add +3.3% 0.28% +0.04
UNH Unitedhealth Group Inc. Add +3.6% 0.42% +0.04
WCN Waste Connections Inc. Add +3.6% 0.44% +0.04
MS Morgan Stanley Add +3.8% 0.37% +0.04
DGX Quest Diagnostics Inc. Add +0.7% 0.51% +0.03
ZTS Zoetis Inc. Add +5.0% 0.32% +0.03
JPM JPMorgan Chase & Co. Add +16.9% 0.17% +0.03
CPK Chesapeake Utilities Corp. Add +0.8% 1.08% +0.03
LNG Cheniere Energy Inc. Add +3.4% 0.22% +0.03
FANG Diamondback Energy Inc. Add +2.9% 0.40% +0.03
INTU Intuit Inc. Add +3.5% 0.37% +0.03
CBT Cabot Corp. Add +0.5% 0.83% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 265$4.9BKLIC, PSMT, LFUS, CGNX, AAON
Q1 2026 257$4.5BENSG, PSMT, LMAT, LFUS, WCC
Q4 2025 297$4.5BENSG, WCC, VMI, EHC, PSMT
Q3 2025 291$4.8BENSG, EHC, VMI, PSMT, LMAT
Q2 2025 284$4.9BENSG, EHC, KNSL, AL, HOMB
Q1 2025 282$5.0BEHC, ENSG, HLNE, KNSL, CASY
Q4 2024 294$5.4BENSG, EHC, HLNE, LMAT, KNSL
Q3 2024 279$5.7BHLNE, ENSG, EHC, LMAT, KNSL
Q2 2024 146$5.3BENSG, EHC, HLNE, CASY, WING
Q1 2024 272$5.5BENSG, KNSL, CASY, EHC, SXI