Copeland Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 21, 2025), Copeland Capital Management, LLC reported 284 stock positions worth $4.9 billion. Its top holding was Ensign (ENSG) at 2.5% of the portfolio, followed by Encompass Health (EHC, 2.3%) and Kinsale Capital (KNSL, 1.9%). Compared with Q1 2025, it opened 16 new positions, sold out of 12, added to 82 and reduced 117. The biggest buy was a new position in Primerica (PRI) and the biggest sale Casey's General Stores (CASY, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- Conshohocken, PA
- CIK
- 0001541743
- Portfolio Value
- $4.9B (Q2 2025)
- SEC Filing
- 0001580642-25-004379 ↗ filed Jul 21, 2025
Holdings Value
Holdings 284 stocks · $4.9B
| ENSG The Ensign Group Inc. | 2.54% | 799,274 | $123.3M | Reduce -13.2% |
| EHC Encompass Health Corp. | 2.29% | 909,231 | $111.5M | Reduce -28.1% |
| KNSL Kinsale Capital Group Inc. | 1.91% | 192,073 | $92.9M | Reduce -13.6% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 1.90% | 1,582,725 | $92.6M | Reduce -8.5% |
| HOMB Home Bancshares Inc. | 1.70% | 2,909,648 | $82.8M | Reduce -8.4% |
| LMAT Lemaitre Vascular Inc. | 1.69% | 990,037 | $82.2M | Reduce -8.2% |
| WING Wingstop Inc. | 1.68% | 242,682 | $81.7M | Reduce -7.5% |
| BWXT BWX Technologies Inc. | 1.66% | 559,994 | $80.7M | Reduce -19.8% |
| BIPC Brookfield Infrastructure-A | 1.60% | 1,869,351 | $77.8M | Reduce -7.9% |
| PSMT Pricesmart Inc. | 1.57% | 725,844 | $76.2M | Reduce -7.2% |
| VMI Valmont Industries | 1.56% | 231,933 | $75.7M | Reduce -8.6% |
| LFUS Littelfuse Inc. | 1.55% | 333,199 | $75.5M | Add +31.3% |
| WCC Wesco International Inc. | 1.54% | 402,907 | $74.6M | Add +15.8% |
| HLNE Hamilton Lane Inc. Class A | 1.52% | 521,036 | $74.0M | Reduce -31.9% |
| TNL Travel + Leisure Co. | 1.49% | 1,399,776 | $72.2M | Reduce -8.3% |
| NXST Nexstar Media Group Inc. | 1.48% | 416,979 | $72.1M | Reduce -8.4% |
| CHE Chemed Corp. | 1.47% | 146,834 | $71.5M | Reduce -1.5% |
| OLED Universal Display Corp. | 1.45% | 457,396 | $70.6M | Add +15.0% |
| USPH U.S. Physical Therapy Inc. | 1.43% | 888,735 | $69.5M | Add +8.9% |
| CNS Cohen & Steers Inc. | 1.42% | 913,833 | $68.9M | Reduce -8.4% |
| YOU Clear Secure Inc. Class A | 1.41% | 2,474,330 | $68.7M | Add +25.2% |
| CNXC Concentrix Corp. | 1.38% | 1,271,125 | $67.2M | Reduce -7.5% |
| TTEK Tetra Tech Inc. | 1.37% | 1,853,487 | $66.7M | Reduce -7.4% |
| POWI Power Integrations Inc. | 1.37% | 1,190,737 | $66.6M | Reduce -0.7% |
| SXI Standex International Corp. | 1.35% | 420,164 | $65.7M | Reduce -17.0% |
| CPK Chesapeake Utilities Corp. | 1.31% | 531,381 | $63.9M | Reduce -8.6% |
| UNF Unifirst Corp. | 1.28% | 329,556 | $62.0M | Reduce -8.6% |
| FSV Firstservice Corp. | 1.27% | 352,369 | $61.5M | Reduce -8.0% |
| TRNO Terreno Realty Corp. | 1.26% | 1,093,749 | $61.3M | Reduce -8.7% |
| MTDR Matador Resources Co. | 1.25% | 1,274,492 | $60.8M | Add +1.6% |
| ST Sensata Technologies Holdplc | 1.25% | 2,015,492 | $60.7M | Add +12.9% |
| PRGO Perrigo Co. PLC | 1.24% | 2,250,457 | $60.1M | Reduce -8.3% |
| LSTR Landstar System Inc. | 1.22% | 425,443 | $59.1M | Add +13.1% |
| HXL Hexcel Corp. | 1.21% | 1,038,683 | $58.7M | Reduce -8.5% |
| KLIC Kulicke & Soffa Industries | 1.17% | 1,645,508 | $56.9M | Add +14.5% |
| CASY Casey's General Stores Inc. | 1.15% | 109,959 | $56.1M | Reduce -53.8% |
| BC Brunswick Corp. | 1.15% | 1,008,883 | $55.7M | Add +11.9% |
| CBT Cabot Corp. | 1.14% | 739,690 | $55.5M | Reduce -8.2% |
| NOG Northern Oil and Gas Inc. | 1.09% | 1,875,703 | $53.2M | Reduce -8.2% |
| RS Reliance Inc. | 1.08% | 167,950 | $52.7M | Reduce -8.3% |
| AGM Federal Agric MTG Corp. Class C | 1.07% | 268,675 | $52.2M | Reduce -7.0% |
| CGNX Cognex Corp. | 1.03% | 1,573,530 | $49.9M | Reduce -7.7% |
| UFPI Ufp Industries Inc. | 1.00% | 488,289 | $48.5M | Reduce -8.8% |
| KWR Quaker Chemical Corporation | 0.99% | 430,402 | $48.2M | Add +2.4% |
| NSSC Napco Security Technologies | 0.97% | 1,585,684 | $47.1M | Add +6.1% |
| STE Steris PLC | 0.95% | 192,911 | $46.3M | Reduce -7.5% |
| CRAI Cra International Inc. | 0.89% | 231,630 | $43.4M | Reduce -6.9% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.88% | 2,552,058 | $42.8M | Reduce -7.0% |
| LKFN Lakeland Financial Corp. | 0.87% | 689,111 | $42.3M | Reduce -7.0% |
| AESI Atlas Energy Solutions Inc. | 0.79% | 2,882,926 | $38.5M | Reduce -10.0% |
| PATK Patrick Industries Inc. | 0.78% | 410,343 | $37.9M | Add +16.8% |
| NVT Nvent Electric PLC | 0.76% | 505,035 | $37.0M | Reduce -10.5% |
| MTRN Materion Corp. | 0.76% | 465,746 | $37.0M | Add +16.0% |
| AVGO Broadcom Inc. | 0.76% | 133,202 | $36.7M | Reduce -0.3% |
| UTZ Utz Brands Inc. | 0.73% | 2,826,936 | $35.5M | Reduce -6.9% |
| MSA Msa Safety Inc. | 0.69% | 200,532 | $33.6M | Reduce -6.7% |
| BAH Booz Allen Hamilton Holdings | 0.68% | 318,861 | $33.2M | Reduce -8.3% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.68% | 182,529 | $32.9M | Reduce -10.3% |
| GFL GFL Environmental Inc.-Sub VT | 0.67% | 649,911 | $32.8M | Reduce -11.0% |
| BSY Bentley Systems Inc. Class B | 0.67% | 603,527 | $32.6M | Reduce -5.0% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.66% | 1,718,101 | $32.1M | Add +22.8% |
| DGX Quest Diagnostics Inc. | 0.65% | 176,264 | $31.7M | Reduce -10.2% |
| DPZ Domino's Pizza Inc. | 0.65% | 69,609 | $31.4M | Reduce -10.4% |
| CSL Carlisle Cos Inc. | 0.64% | 83,540 | $31.2M | Reduce -10.5% |
| WH Wyndham Hotels & Resorts Inc. | 0.63% | 378,682 | $30.8M | Reduce -6.9% |
| RHP Ryman Hospitality Properties | 0.61% | 298,633 | $29.5M | Reduce -7.3% |
| DKS Dick's Sporting Goods Inc. | 0.60% | 148,240 | $29.3M | Add +12.1% |
| MORN Morningstar Inc. | 0.60% | 92,614 | $29.1M | Reduce -10.4% |
| PB Prosperity Bancshares Inc. | 0.59% | 410,235 | $28.8M | Reduce -10.3% |
| NDSN Nordson Corp. | 0.58% | 130,642 | $28.0M | Add +8.4% |
| WINA Winmark Corp. | 0.57% | 73,501 | $27.8M | Add +16.3% |
| NXRT Nexpoint Residential | 0.57% | 829,553 | $27.6M | Reduce -6.9% |
| NYT New York Times Co. Class A | 0.57% | 491,100 | $27.5M | Add +16.1% |
| PRI Primerica Inc. | 0.56% | 100,212 | $27.4M | New |
| IRMD Iradimed Corp. | 0.56% | 457,919 | $27.4M | Reduce -6.7% |
| CHDN Churchill Downs Inc. | 0.56% | 270,872 | $27.4M | Add +5.8% |
| MSFT Microsoft Corp. | 0.56% | 54,889 | $27.3M | Reduce -0.3% |
| RGLD Royal Gold Inc. | 0.54% | 148,794 | $26.5M | Add +7.8% |
| FDS Factset Research Systems Inc. | 0.53% | 58,101 | $26.0M | Reduce -10.3% |
| TRU Transunion | 0.52% | 289,349 | $25.5M | Reduce -9.8% |
| V Visa Inc. Class A | 0.51% | 69,600 | $24.7M | Reduce -0.3% |
| HSTM Healthstream Inc. | 0.50% | 882,950 | $24.4M | Add +15.6% |
| POOL Pool Corp. | 0.50% | 82,839 | $24.1M | Reduce -33.8% |
| WSC Willscot Holdings Corp. | 0.49% | 874,035 | $23.9M | New |
| MS Morgan Stanley | 0.49% | 167,531 | $23.6M | Reduce -0.1% |
| ESQ Esquire Financial Holdings I | 0.48% | 244,861 | $23.2M | Add +40107.1% |
| KFRC Kforce Inc. | 0.42% | 498,843 | $20.5M | Reduce -6.8% |
| WCN Waste Connections Inc. | 0.41% | 108,017 | $20.2M | Reduce -0.7% |
| CHX Championx Corp. | 0.41% | 796,938 | $19.8M | Reduce -13.2% |
| AAPL Apple Inc. | 0.40% | 95,051 | $19.5M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 0.40% | 67,204 | $19.5M | Reduce -0.4% |
| AMP Ameriprise Financial Inc. | 0.40% | 36,254 | $19.4M | Reduce -0.4% |
| INTU Intuit Inc. | 0.39% | 24,082 | $19.0M | Reduce -0.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.36% | 77,330 | $17.5M | Reduce -0.1% |
| CTAS Cintas Corp. | 0.35% | 76,056 | $17.0M | Add +1.1% |
| LLY Eli Lilly & Co. | 0.35% | 21,606 | $16.8M | Reduce -0.3% |
| COR Cencora Inc. | 0.34% | 55,377 | $16.6M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.33% | 15,978 | $15.8M | Reduce -0.1% |
| MPWR Monolithic Power Systems Inc. | 0.32% | 21,503 | $15.7M | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 0.32% | 21,139 | $15.6M | Add +5.2% |
Lines left out (3) · $191 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| CDW CDW Corp. | COM | 0 | $150 |
| STZ Constellation Brands Inc. Class A | CL A | 0 | $22 |
| WST West Pharmaceutical Services | COM | 0 | $19 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $4.9B.
Portfolio Sells Q1 2025 → Q2 2025
| CASY Casey's General Stores Inc. | Reduce -53.8% | 1.15% | −0.92 |
| NSP Insperity Inc. | Reduce -100.0% | 0.00% | −0.84 |
| HLNE Hamilton Lane Inc. Class A | Reduce -31.9% | 1.52% | −0.75 |
| SNDR Schneider National Inc. Class B | Reduce -100.0% | 0.00% | −0.72 |
| AGNT Agnt Inc. | Reduce -99.8% | 0.00% | −0.63 |
| BR Broadridge Financial Solutio | Reduce -92.3% | 0.04% | −0.42 |
| CHE Chemed Corp. | Reduce -1.5% | 1.47% | −0.37 |
| ALSN Allison Transmission Holding | Reduce -99.2% | 0.00% | −0.36 |
| AESI Atlas Energy Solutions Inc. | Reduce -10.0% | 0.79% | −0.35 |
| HII Huntington Ingalls Industrie | Reduce -99.1% | 0.00% | −0.33 |
| POOL Pool Corp. | Reduce -33.8% | 0.50% | −0.30 |
| SXI Standex International Corp. | Reduce -17.0% | 1.35% | −0.28 |
| EHC Encompass Health Corp. | Reduce -28.1% | 2.29% | −0.27 |
| TRNO Terreno Realty Corp. | Reduce -8.7% | 1.26% | −0.26 |
| KNSL Kinsale Capital Group Inc. | Reduce -13.6% | 1.91% | −0.25 |
| CBT Cabot Corp. | Reduce -8.2% | 1.14% | −0.20 |
| CNS Cohen & Steers Inc. | Reduce -8.4% | 1.42% | −0.19 |
| CPK Chesapeake Utilities Corp. | Reduce -8.6% | 1.31% | −0.18 |
| UFPI Ufp Industries Inc. | Reduce -8.8% | 1.00% | −0.15 |
| NXST Nexstar Media Group Inc. | Reduce -8.4% | 1.48% | −0.15 |
| CNXC Concentrix Corp. | Reduce -7.5% | 1.38% | −0.15 |
| UMH Umh Properties Inc. | Reduce -7.0% | 0.88% | −0.15 |
| NOG Northern Oil and Gas Inc. | Reduce -8.2% | 1.09% | −0.14 |
| CHX Championx Corp. | Reduce -13.2% | 0.41% | −0.14 |
| PRGO Perrigo Co. PLC | Reduce -8.3% | 1.24% | −0.14 |
| NXRT Nexpoint Residential | Reduce -6.9% | 0.57% | −0.14 |
| UTZ Utz Brands Inc. | Reduce -6.9% | 0.73% | −0.13 |
| LMAT Lemaitre Vascular Inc. | Reduce -8.2% | 1.69% | −0.12 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -6.9% | 0.63% | −0.10 |
| KFRC Kforce Inc. | Reduce -6.8% | 0.42% | −0.10 |
| HOMB Home Bancshares Inc. | Reduce -8.4% | 1.70% | −0.09 |
| DPZ Domino's Pizza Inc. | Reduce -10.4% | 0.65% | −0.07 |
| JKHY Jack Henry & Associates Inc. | Reduce -10.3% | 0.68% | −0.07 |
| PB Prosperity Bancshares Inc. | Reduce -10.3% | 0.59% | −0.06 |
| FDS Factset Research Systems Inc. | Reduce -10.3% | 0.53% | −0.05 |
| BAH Booz Allen Hamilton Holdings | Reduce -8.3% | 0.68% | −0.04 |
| HXL Hexcel Corp. | Reduce -8.5% | 1.21% | −0.04 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -11.0% | 0.67% | −0.03 |
| AAPL Apple Inc. | Reduce -0.3% | 0.40% | −0.02 |
| FANG Diamondback Energy Inc. | Reduce -0.5% | 0.17% | −0.02 |
| MORN Morningstar Inc. | Reduce -10.4% | 0.60% | −0.02 |
| DGX Quest Diagnostics Inc. | Reduce -10.2% | 0.65% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 0.35% | −0.01 |
| AGM Federal Agric MTG Corp. Class C | Reduce -7.0% | 1.07% | −0.01 |
| LKFN Lakeland Financial Corp. | Reduce -7.0% | 0.87% | −0.01 |
| WCN Waste Connections Inc. | Reduce -0.7% | 0.41% | −0.01 |
| TRU Transunion | Reduce -9.8% | 0.52% | −0.01 |
| ZTS Zoetis Inc. | Reduce -0.4% | 0.26% | −0.01 |
| FSV Firstservice Corp. | Reduce -8.0% | 1.27% | −0.01 |
| ARE Alexandria Real Estate Equit | Reduce -100.0% | 0.00% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| PRI Primerica Inc. | New | 0.56% | +0.56 |
| LFUS Littelfuse Inc. | Add +31.3% | 1.55% | +0.55 |
| WSC Willscot Holdings Corp. | New | 0.49% | +0.49 |
| ESQ Esquire Financial Holdings I | Add +40107.1% | 0.48% | +0.48 |
| WCC Wesco International Inc. | Add +15.8% | 1.54% | +0.45 |
| YOU Clear Secure Inc. Class A | Add +25.2% | 1.41% | +0.39 |
| ST Sensata Technologies Holdplc | Add +12.9% | 1.25% | +0.38 |
| OLED Universal Display Corp. | Add +15.0% | 1.45% | +0.34 |
| NSSC Napco Security Technologies | Add +6.1% | 0.97% | +0.28 |
| USPH U.S. Physical Therapy Inc. | Add +8.9% | 1.43% | +0.25 |
| CTRE Caretrust REIT Inc. | New | 0.24% | +0.24 |
| KLIC Kulicke & Soffa Industries | Add +14.5% | 1.17% | +0.22 |
| PATK Patrick Industries Inc. | Add +16.8% | 0.78% | +0.18 |
| BC Brunswick Corp. | Add +11.9% | 1.15% | +0.17 |
| WINA Winmark Corp. | Add +16.3% | 0.57% | +0.17 |
| NYT New York Times Co. Class A | Add +16.1% | 0.57% | +0.15 |
| GOOGL Alphabet Inc. Class A | New | 0.14% | +0.14 |
| BRO Brown & Brown Inc. | New | 0.11% | +0.11 |
| MTRN Materion Corp. | Add +16.0% | 0.76% | +0.10 |
| RGLD Royal Gold Inc. | Add +7.8% | 0.54% | +0.09 |
| NDSN Nordson Corp. | Add +8.4% | 0.58% | +0.09 |
| META Meta Platforms Inc. Class A | Add +5.2% | 0.32% | +0.09 |
| LSTR Landstar System Inc. | Add +13.1% | 1.22% | +0.09 |
| DKS Dick's Sporting Goods Inc. | Add +12.1% | 0.60% | +0.07 |
| SHOE Shoe Station Group Inc. | Add +22.8% | 0.66% | +0.05 |
| CTAS Cintas Corp. | Add +1.1% | 0.35% | +0.04 |
| COR Cencora Inc. | Add +0.0% | 0.34% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +42.8% | 0.04% | +0.02 |
| FIX Comfort Systems USA Inc. | Add +147.6% | 0.02% | +0.02 |
| HSTM Healthstream Inc. | Add +15.6% | 0.50% | +0.01 |
| SWVXX Schwa Prime Adv Money FD-Inv | New | 0.01% | +0.01 |
| VMC Vulcan Materials Co. | Add +15.5% | 0.02% | +0.01 |
| EBAY eBay Inc. | Add +8.9% | 0.02% | +0.00 |
| WSM Williams-Sonoma Inc. | New | 0.00% | +0.00 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Add +12.4% | 0.02% | +0.00 |
| EQIX Equinix Inc. | Add +0.6% | 0.25% | +0.00 |
| VAC Marriott Vacations World | New | 0.00% | +0.00 |
| TXRH Texas Roadhouse Inc. | Add +36.2% | 0.00% | +0.00 |
| ELS Equity Lifestyle Properties | Add +14.1% | 0.02% | +0.00 |
| GOOG Alphabet Inc. Class C | New | 0.00% | +0.00 |
| HCKT The Hackett Group Inc. | New | 0.00% | +0.00 |
| JILL J. Jill Inc. | New | 0.00% | +0.00 |
| ESP Espey MFG & Electronics Corp. | Add +16.3% | 0.00% | +0.00 |
| OWL Blue Owl Capital Inc. | Add +31.0% | 0.00% | +0.00 |
| ALNT Allient Inc. | Add +16.4% | 0.00% | +0.00 |
| CVLG Covenant Logistics Group Inc. | Add +47.5% | 0.00% | +0.00 |
| CRCT Cricut Inc. Class A | Add +16.4% | 0.00% | +0.00 |
| IDT Idt Corp. Class B | Add +16.3% | 0.00% | +0.00 |
| EEX Emerald Holding Inc. | Add +16.4% | 0.00% | +0.00 |
| CWCO Consolidated Water Co.-Ord SH | Add +16.3% | 0.00% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| STZ Constellation Brands Inc. Class A | CL A | Reduce -100.0% | 0 | $22 |
| WST West Pharmaceutical Services | COM | Reduce -100.0% | 0 | $19 |
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 |