Copeland Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Copeland Capital Management, LLC reported 294 stock positions worth $5.4 billion. Its top holding was Ensign (ENSG) at 2.3% of the portfolio, followed by Encompass Health (EHC, 2.2%) and Hamilton Lane Class A (HLNE, 2.2%). Compared with Q3 2024, it opened 24 new positions, sold out of 9, added to 90 and reduced 106. The biggest buy was Matador Resources (MTDR, shares +145%) and the biggest sale Cogent Communications Holdin (CCOI, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- Conshohocken, PA
- CIK
- 0001541743
- Portfolio Value
- $5.4B (Q4 2024)
- SEC Filing
- 0001580642-25-000412 ↗ filed Jan 24, 2025
Holdings Value
Holdings 294 stocks · $5.4B
| ENSG The Ensign Group Inc. | 2.33% | 944,077 | $125.4M | Add +0.8% |
| EHC Encompass Health Corp. | 2.22% | 1,293,098 | $119.4M | Add +0.7% |
| HLNE Hamilton Lane Inc. Class A | 2.16% | 783,587 | $116.0M | Reduce -9.2% |
| LMAT Lemaitre Vascular Inc. | 2.01% | 1,172,015 | $108.0M | Add +0.7% |
| KNSL Kinsale Capital Group Inc. | 1.96% | 226,861 | $105.5M | Reduce -1.9% |
| CNS Cohen & Steers Inc. | 1.88% | 1,096,400 | $101.2M | Add +0.5% |
| SXI Standex International Corp. | 1.81% | 520,015 | $97.2M | Reduce -6.5% |
| CASY Casey's General Stores Inc. | 1.80% | 243,708 | $96.6M | Reduce -2.3% |
| HOMB Home Bancshares Inc. | 1.72% | 3,259,934 | $92.3M | Add +0.6% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 1.59% | 1,777,016 | $85.7M | Reduce -3.0% |
| NXST Nexstar Media Group Inc. | 1.58% | 536,216 | $84.7M | Reduce -2.1% |
| BIPC Brookfield Infrastructure-A | 1.54% | 2,066,002 | $82.7M | Reduce -0.8% |
| CHE Chemed Corp. | 1.49% | 151,623 | $80.3M | Add +16.8% |
| VMI Valmont Industries | 1.49% | 260,516 | $79.9M | Reduce -15.2% |
| BWXT BWX Technologies Inc. | 1.49% | 716,946 | $79.9M | Add +0.7% |
| TNL Travel + Leisure Co. | 1.47% | 1,565,581 | $79.0M | Add +0.8% |
| NOG Northern Oil and Gas Inc. | 1.46% | 2,114,909 | $78.6M | Add +0.9% |
| WING Wingstop Inc. | 1.42% | 269,596 | $76.6M | Add +17.0% |
| POWI Power Integrations Inc. | 1.40% | 1,221,651 | $75.4M | Add +1.2% |
| USPH U.S. Physical Therapy Inc. | 1.38% | 839,356 | $74.5M | Add +9.5% |
| MTDR Matador Resources Co. | 1.34% | 1,283,743 | $72.2M | Add +145.2% |
| CPK Chesapeake Utilities Corp. | 1.34% | 592,930 | $72.0M | Add +0.1% |
| HXL Hexcel Corp. | 1.33% | 1,144,967 | $71.8M | Reduce -1.4% |
| TRNO Terreno Realty Corp. | 1.33% | 1,209,144 | $71.5M | Add +7.1% |
| KLIC Kulicke & Soffa Industries | 1.30% | 1,502,640 | $70.1M | Add +2.3% |
| CBT Cabot Corp. | 1.29% | 761,372 | $69.5M | Add +21.6% |
| LSTR Landstar System Inc. | 1.24% | 388,950 | $66.8M | Add +0.2% |
| TTEK Tetra Tech Inc. | 1.23% | 1,660,587 | $66.2M | Reduce -9.0% |
| FSV Firstservice Corp. | 1.20% | 357,023 | $64.6M | Add +1.0% |
| ALSN Allison Transmission Holding | 1.18% | 588,615 | $63.6M | Reduce -7.5% |
| UNF Unifirst Corp. | 1.16% | 365,047 | $62.5M | Add +9.9% |
| CGNX Cognex Corp. | 1.15% | 1,732,021 | $62.1M | Reduce -2.0% |
| UFPI Ufp Industries Inc. | 1.15% | 548,104 | $61.7M | Add +0.3% |
| PRGO Perrigo Co. PLC | 1.14% | 2,389,764 | $61.4M | Reduce -3.7% |
| LFUS Littelfuse Inc. | 1.14% | 259,149 | $61.1M | Reduce -0.8% |
| BC Brunswick Corp. | 1.11% | 923,762 | $59.7M | Reduce -2.7% |
| OLED Universal Display Corp. | 1.10% | 404,308 | $59.1M | Reduce -1.6% |
| AGM Federal Agric MTG Corp. Class C | 1.09% | 297,810 | $58.7M | Add +2.5% |
| CNXC Concentrix Corp. | 1.07% | 1,333,206 | $57.7M | Add +32.9% |
| PSMT Pricesmart Inc. | 1.07% | 621,697 | $57.3M | Add +29.2% |
| CRAI Cra International Inc. | 1.00% | 286,856 | $53.7M | Add +2.4% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.99% | 2,828,469 | $53.4M | Add +2.4% |
| KWR Quaker Chemical Corporation | 0.98% | 375,374 | $52.8M | Reduce -3.4% |
| LKFN Lakeland Financial Corp. | 0.98% | 764,186 | $52.5M | Add +2.5% |
| AESI Atlas Energy Solutions Inc. | 0.93% | 2,247,774 | $49.9M | Add +19.3% |
| RS Reliance Inc. | 0.93% | 184,775 | $49.8M | Reduce -5.3% |
| UTZ Utz Brands Inc. | 0.91% | 3,117,478 | $48.8M | Add +1.9% |
| SSTK Shutterstock Inc. | 0.89% | 1,585,666 | $48.1M | Reduce -0.9% |
| SNDR Schneider National Inc. Class B | 0.88% | 1,622,974 | $47.5M | Add +2.5% |
| ST Sensata Technologies Holdplc | 0.87% | 1,708,591 | $46.8M | Reduce -4.5% |
| AGNT Agnt Inc. filed as EXP WORLD HLDGS INC | 0.84% | 3,916,939 | $45.1M | Reduce -2.4% |
| POOL Pool Corp. | 0.81% | 127,176 | $43.4M | Reduce -5.5% |
| STE Steris PLC | 0.80% | 208,440 | $42.8M | Reduce -6.8% |
| NSSC Napco Security Technologies | 0.79% | 1,194,623 | $42.5M | Add +15.1% |
| WH Wyndham Hotels & Resorts Inc. | 0.79% | 419,494 | $42.3M | Add +2.5% |
| MTRN Materion Corp. | 0.76% | 412,795 | $40.8M | Add +2.2% |
| GFL GFL Environmental Inc.-Sub VT | 0.75% | 905,583 | $40.3M | Reduce -1.7% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.74% | 1,204,443 | $39.8M | Add +2.5% |
| NXRT Nexpoint Residential | 0.71% | 909,758 | $38.0M | Add +0.9% |
| WCC Wesco International Inc. | 0.70% | 209,501 | $37.9M | Reduce -1.6% |
| DKS Dick's Sporting Goods Inc. | 0.70% | 164,235 | $37.6M | Reduce -1.6% |
| AVGO Broadcom Inc. | 0.69% | 159,678 | $37.0M | Reduce -21.0% |
| BR Broadridge Financial Solutio | 0.68% | 160,671 | $36.3M | Reduce -1.7% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.67% | 206,496 | $36.2M | Add +13.9% |
| MORN Morningstar Inc. | 0.66% | 105,402 | $35.5M | Reduce -1.5% |
| RHP Ryman Hospitality Properties | 0.65% | 337,164 | $35.2M | Reduce -1.9% |
| CHDN Churchill Downs Inc. | 0.65% | 263,403 | $35.2M | Reduce -2.0% |
| PB Prosperity Bancshares Inc. | 0.65% | 464,858 | $35.0M | Reduce -1.7% |
| NSP Insperity Inc. | 0.65% | 449,617 | $34.8M | Reduce -4.5% |
| DPZ Domino's Pizza Inc. | 0.61% | 78,355 | $32.9M | Reduce -1.6% |
| FDS Factset Research Systems Inc. | 0.59% | 66,054 | $31.7M | Reduce -1.8% |
| BSY Bentley Systems Inc. Class B | 0.57% | 660,487 | $30.8M | Reduce -3.4% |
| YOU Clear Secure Inc. Class A | 0.57% | 1,153,293 | $30.7M | New |
| KFRC Kforce Inc. | 0.57% | 540,360 | $30.6M | Add +0.2% |
| TRU Transunion | 0.56% | 326,266 | $30.2M | Reduce -1.5% |
| DGX Quest Diagnostics Inc. | 0.56% | 199,306 | $30.1M | Reduce -1.6% |
| PATK Patrick Industries Inc. | 0.56% | 360,804 | $30.0M | Add +324.3% |
| MSA Msa Safety Inc. | 0.56% | 180,332 | $29.9M | New |
| CSL Carlisle Cos Inc. | 0.53% | 77,840 | $28.7M | Reduce -2.3% |
| BAH Booz Allen Hamilton Holdings | 0.53% | 220,204 | $28.3M | Reduce -19.0% |
| NVT Nvent Electric PLC | 0.50% | 394,500 | $26.9M | New |
| IRMD Iradimed Corp. | 0.49% | 475,563 | $26.2M | Add +12.6% |
| WINA Winmark Corp. | 0.48% | 65,224 | $25.6M | Add +2.5% |
| NDSN Nordson Corp. | 0.47% | 119,707 | $25.0M | Reduce -5.0% |
| AAPL Apple Inc. | 0.45% | 97,466 | $24.4M | Reduce -13.7% |
| CUBE Cubesmart | 0.45% | 559,941 | $24.0M | Reduce -3.6% |
| MSFT Microsoft Corp. | 0.44% | 56,271 | $23.7M | Reduce -13.6% |
| CHX Championx Corp. | 0.43% | 847,202 | $23.0M | Reduce -4.1% |
| V Visa Inc. Class A | 0.42% | 71,285 | $22.5M | Reduce -13.8% |
| MS Morgan Stanley | 0.40% | 171,203 | $21.5M | Reduce -13.6% |
| AMP Ameriprise Financial Inc. | 0.37% | 37,255 | $19.8M | Reduce -13.2% |
| WCN Waste Connections Inc. | 0.35% | 111,018 | $19.0M | Reduce -13.8% |
| CRM Salesforce Inc. | 0.35% | 56,142 | $18.8M | Reduce -13.2% |
| UNH Unitedhealth Group Inc. | 0.35% | 36,868 | $18.7M | Reduce -13.9% |
| MSI Motorola Solutions Inc. | 0.32% | 37,019 | $17.1M | Reduce -34.2% |
| LLY Eli Lilly & Co. | 0.32% | 22,092 | $17.1M | Reduce -12.9% |
| JPM JPMorgan Chase & Co. | 0.31% | 68,809 | $16.5M | Reduce -13.4% |
| MSCI MSCI Inc. | 0.30% | 26,803 | $16.1M | Reduce -13.3% |
| MAR Marriott International Class A | 0.29% | 55,910 | $15.6M | Reduce -13.7% |
| INTU Intuit Inc. | 0.29% | 24,699 | $15.5M | Reduce -13.6% |
Portfolio Sells Q3 2024 → Q4 2024
| CCOI Cogent Communications Holdin | Reduce -99.1% | 0.01% | −0.99 |
| CHRD Chord Energy Corp. | Reduce -99.7% | 0.00% | −0.98 |
| CIVI Civitas Resources Inc. | Reduce -99.8% | 0.00% | −0.90 |
| OLED Universal Display Corp. | Reduce -1.6% | 1.10% | −0.40 |
| HLNE Hamilton Lane Inc. Class A | Reduce -9.2% | 2.16% | −0.37 |
| IPAR Interparfums Inc. | Reduce -99.0% | 0.00% | −0.34 |
| OTIS Otis Worldwide Corp. | Reduce -92.7% | 0.02% | −0.28 |
| BC Brunswick Corp. | Reduce -2.7% | 1.11% | −0.27 |
| TTEK Tetra Tech Inc. | Reduce -9.0% | 1.23% | −0.27 |
| CDW CDW Corp. | Reduce -98.6% | 0.00% | −0.26 |
| ST Sensata Technologies Holdplc | Reduce -4.5% | 0.87% | −0.24 |
| BAH Booz Allen Hamilton Holdings | Reduce -19.0% | 0.53% | −0.24 |
| STVN Stevanato Group SPA | Reduce -99.8% | 0.00% | −0.24 |
| KWR Quaker Chemical Corporation | Reduce -3.4% | 0.98% | −0.16 |
| STE Steris PLC | Reduce -6.8% | 0.80% | −0.15 |
| AGNT Agnt Inc. | Reduce -2.4% | 0.84% | −0.14 |
| MSI Motorola Solutions Inc. | Reduce -34.2% | 0.32% | −0.12 |
| HII Huntington Ingalls Industrie | Reduce -8.8% | 0.27% | −0.12 |
| NDSN Nordson Corp. | Reduce -5.0% | 0.47% | −0.11 |
| CUBE Cubesmart | Reduce -3.6% | 0.45% | −0.10 |
| CGNX Cognex Corp. | Reduce -2.0% | 1.15% | −0.09 |
| SSTK Shutterstock Inc. | Reduce -0.9% | 0.89% | −0.09 |
| CSL Carlisle Cos Inc. | Reduce -2.3% | 0.53% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -13.9% | 0.35% | −0.09 |
| POOL Pool Corp. | Reduce -5.5% | 0.81% | −0.08 |
| LLY Eli Lilly & Co. | Reduce -12.9% | 0.32% | −0.07 |
| ZTS Zoetis Inc. | Reduce -13.2% | 0.25% | −0.07 |
| NSP Insperity Inc. | Reduce -4.5% | 0.65% | −0.07 |
| LFUS Littelfuse Inc. | Reduce -0.8% | 1.14% | −0.07 |
| VMI Valmont Industries | Reduce -15.2% | 1.49% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -13.8% | 0.23% | −0.06 |
| SHW The Sherwin-Williams Co. | Reduce -13.5% | 0.27% | −0.06 |
| RS Reliance Inc. | Reduce -5.3% | 0.93% | −0.06 |
| STZ Constellation Brands Inc. Class A | Reduce -14.9% | 0.20% | −0.06 |
| MSFT Microsoft Corp. | Reduce -13.6% | 0.44% | −0.05 |
| WCN Waste Connections Inc. | Reduce -13.8% | 0.35% | −0.05 |
| TRU Transunion | Reduce -1.5% | 0.56% | −0.04 |
| FANG Diamondback Energy Inc. | Reduce -13.6% | 0.27% | −0.04 |
| FIRSTSERVICE CORP NEW | Sold out | 0.00% | −0.04 |
| ODFL Old Dominion Freight Line | Reduce -15.0% | 0.15% | −0.04 |
| BIPC Brookfield Infrastructure-A | Reduce -0.8% | 1.54% | −0.04 |
| CHX Championx Corp. | Reduce -4.1% | 0.43% | −0.03 |
| WARPAINT LONDON PLC ORD GBP0.2 | Sold out | 0.00% | −0.03 |
| HD Home Depot Inc. | Reduce -13.6% | 0.25% | −0.03 |
| BSY Bentley Systems Inc. Class B | Reduce -3.4% | 0.57% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -18.2% | 0.28% | −0.03 |
| INTU Intuit Inc. | Reduce -13.6% | 0.29% | −0.02 |
| ROST Ross Stores Inc. | Reduce -13.0% | 0.27% | −0.02 |
| ACN Accenture PLC Class A | Reduce -13.9% | 0.20% | −0.02 |
| MSCI MSCI Inc. | Reduce -13.3% | 0.30% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| MTDR Matador Resources Co. | Add +145.2% | 1.34% | +0.89 |
| YOU Clear Secure Inc. Class A | New | 0.57% | +0.57 |
| MSA Msa Safety Inc. | New | 0.56% | +0.56 |
| NVT Nvent Electric PLC | New | 0.50% | +0.50 |
| PATK Patrick Industries Inc. | Add +324.3% | 0.56% | +0.42 |
| PSMT Pricesmart Inc. | Add +29.2% | 1.07% | +0.30 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.27% | +0.27 |
| USPH U.S. Physical Therapy Inc. | Add +9.5% | 1.38% | +0.26 |
| CTAS Cintas Corp. | New | 0.25% | +0.25 |
| WH Wyndham Hotels & Resorts Inc. | Add +2.5% | 0.79% | +0.23 |
| TNL Travel + Leisure Co. | Add +0.8% | 1.47% | +0.22 |
| HSTM Healthstream Inc. | Add +17363.4% | 0.22% | +0.22 |
| AESI Atlas Energy Solutions Inc. | Add +19.3% | 0.93% | +0.21 |
| HOMB Home Bancshares Inc. | Add +0.6% | 1.72% | +0.19 |
| CNXC Concentrix Corp. | Add +32.9% | 1.07% | +0.18 |
| NOG Northern Oil and Gas Inc. | Add +0.9% | 1.46% | +0.17 |
| KLIC Kulicke & Soffa Industries | Add +2.3% | 1.30% | +0.15 |
| CRAI Cra International Inc. | Add +2.4% | 1.00% | +0.14 |
| AGM Federal Agric MTG Corp. Class C | Add +2.5% | 1.09% | +0.14 |
| BWXT BWX Technologies Inc. | Add +0.7% | 1.49% | +0.14 |
| CHE Chemed Corp. | Add +16.8% | 1.49% | +0.14 |
| LKFN Lakeland Financial Corp. | Add +2.5% | 0.98% | +0.13 |
| LMAT Lemaitre Vascular Inc. | Add +0.7% | 2.01% | +0.13 |
| IRMD Iradimed Corp. | Add +12.6% | 0.49% | +0.12 |
| JKHY Jack Henry & Associates Inc. | Add +13.9% | 0.67% | +0.12 |
| SNDR Schneider National Inc. Class B | Add +2.5% | 0.88% | +0.10 |
| FSV Firstservice Corp. | Add +1.0% | 1.20% | +0.08 |
| CBT Cabot Corp. | Add +21.6% | 1.29% | +0.08 |
| CNS Cohen & Steers Inc. | Add +0.5% | 1.88% | +0.06 |
| EHC Encompass Health Corp. | Add +0.7% | 2.22% | +0.06 |
| NSSC Napco Security Technologies | Add +15.1% | 0.79% | +0.06 |
| CPK Chesapeake Utilities Corp. | Add +0.1% | 1.34% | +0.06 |
| POWI Power Integrations Inc. | Add +1.2% | 1.40% | +0.06 |
| WINA Winmark Corp. | Add +2.5% | 0.48% | +0.05 |
| UMH Umh Properties Inc. | Add +2.4% | 0.99% | +0.05 |
| TRNO Terreno Realty Corp. | Add +7.1% | 1.33% | +0.02 |
| EBAY eBay Inc. | New | 0.02% | +0.02 |
| NXRT Nexpoint Residential | Add +0.9% | 0.71% | +0.02 |
| UNF Unifirst Corp. | Add +9.9% | 1.16% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.01% | +0.01 |
| COR Cencora Inc. | New | 0.00% | +0.00 |
| OWL Blue Owl Capital Inc. | New | 0.00% | +0.00 |
| CVS CVS Health Corp. | New | 0.00% | +0.00 |
| CRCT Cricut Inc. Class A | New | 0.00% | +0.00 |
| LFVN Lifevantage Corp. | New | 0.00% | +0.00 |
| EEX Emerald Holding Inc. | New | 0.00% | +0.00 |
| WSR Whitestone REIT | New | 0.00% | +0.00 |
| CSPI CSP Inc. | Add +39.2% | 0.00% | +0.00 |
| KRT Karat Packaging Inc. | Add +38.4% | 0.00% | +0.00 |
| VRT Vertiv Holdings Co. Class A | Add +0.1% | 0.00% | +0.00 |
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 |