Copeland Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Copeland Capital Management, LLC reported 297 stock positions worth $4.5 billion. Its top holding was Ensign (ENSG) at 2.5% of the portfolio, followed by Wesco International (WCC, 2.0%) and Valmont Industries (VMI, 1.9%). Compared with Q3 2025, it opened 20 new positions, sold out of 14, added to 28 and reduced 136. The biggest buy was Azz (AZZ, shares +223%) and the biggest sale Sensata Technologies Holdplc (ST, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- Conshohocken, PA
- CIK
- 0001541743
- Portfolio Value
- $4.5B (Q4 2025)
- SEC Filing
- 0001580642-26-000539 ↗ filed Jan 29, 2026
Holdings Value
Holdings 297 stocks · $4.5B
| ENSG The Ensign Group Inc. | 2.49% | 641,400 | $111.7M | Reduce -5.3% |
| WCC Wesco International Inc. | 1.99% | 363,904 | $89.0M | Reduce -5.1% |
| VMI Valmont Industries | 1.89% | 210,433 | $84.7M | Reduce -5.3% |
| EHC Encompass Health Corp. | 1.81% | 764,703 | $81.2M | Reduce -5.2% |
| PSMT Pricesmart Inc. | 1.79% | 653,408 | $80.2M | Reduce -5.1% |
| TNL Travel + Leisure Co. | 1.76% | 1,116,306 | $78.7M | Reduce -5.0% |
| YOU Clear Secure Inc. Class A | 1.75% | 2,237,026 | $78.5M | Reduce -5.1% |
| NXST Nexstar Media Group Inc. | 1.71% | 376,621 | $76.5M | Reduce -5.1% |
| LFUS Littelfuse Inc. | 1.69% | 300,113 | $75.9M | Reduce -5.4% |
| HOMB Home Bancshares Inc. | 1.63% | 2,622,015 | $72.8M | Reduce -5.2% |
| LMAT Lemaitre Vascular Inc. | 1.61% | 888,977 | $72.1M | Reduce -5.5% |
| HLNE Hamilton Lane Inc. Class A | 1.57% | 524,166 | $70.4M | Add +5.8% |
| HXL Hexcel Corp. | 1.55% | 942,114 | $69.6M | Reduce -5.1% |
| BC Brunswick Corp. | 1.50% | 906,647 | $67.3M | Reduce -5.5% |
| KLIC Kulicke & Soffa Industries | 1.50% | 1,477,365 | $67.3M | Reduce -5.3% |
| CTRE Caretrust REIT Inc. | 1.46% | 1,802,843 | $65.2M | Add +5.0% |
| WING Wingstop Inc. | 1.45% | 272,030 | $64.9M | Reduce -5.4% |
| BIPC Brookfield Infrastructure-A | 1.39% | 1,372,082 | $62.3M | Reduce -5.2% |
| USPH U.S. Physical Therapy Inc. | 1.37% | 786,114 | $61.4M | Reduce -6.9% |
| AAON Aaon Inc. | 1.36% | 799,977 | $61.0M | Add +9.9% |
| MTDR Matador Resources Co. | 1.35% | 1,426,505 | $60.5M | Add +19.6% |
| CPK Chesapeake Utilities Corp. | 1.33% | 478,586 | $59.7M | Reduce -5.2% |
| NSSC Napco Security Technologies | 1.32% | 1,420,792 | $59.2M | Reduce -5.1% |
| CHE Chemed Corp. | 1.31% | 137,551 | $58.9M | Reduce -6.0% |
| OLED Universal Display Corp. | 1.31% | 503,699 | $58.8M | Add +16.7% |
| TRNO Terreno Realty Corp. | 1.29% | 987,395 | $58.0M | Reduce -5.0% |
| UNF Unifirst Corp. | 1.27% | 295,381 | $57.0M | Reduce -5.3% |
| TTEK Tetra Tech Inc. | 1.25% | 1,663,090 | $55.8M | Reduce -5.7% |
| LSTR Landstar System Inc. | 1.22% | 381,235 | $54.8M | Reduce -4.8% |
| FSV Firstservice Corp. | 1.20% | 346,042 | $53.8M | Add +3.3% |
| SXI Standex International Corp. | 1.19% | 245,843 | $53.4M | Reduce -20.8% |
| KBR KBR Inc. | 1.18% | 1,311,730 | $52.7M | Add +84.3% |
| KNSL Kinsale Capital Group Inc. | 1.17% | 133,495 | $52.2M | Reduce -7.2% |
| PATK Patrick Industries Inc. | 1.16% | 478,999 | $51.9M | Add +23.4% |
| CGNX Cognex Corp. | 1.13% | 1,407,994 | $50.7M | Reduce -6.4% |
| CNS Cohen & Steers Inc. | 1.13% | 804,732 | $50.5M | Reduce -7.1% |
| PRDO Perdoceo Education Corp. | 1.12% | 1,716,850 | $50.4M | Add +82.2% |
| AZZ Azz Inc. | 1.12% | 466,140 | $50.0M | Add +222.5% |
| CNXC Concentrix Corp. | 1.01% | 1,088,922 | $45.3M | Reduce -10.0% |
| STE Steris PLC | 0.99% | 175,671 | $44.5M | Reduce -4.8% |
| KWR Quaker Chemical Corporation | 0.94% | 308,231 | $42.3M | Reduce -18.6% |
| AGM Federal Agric MTG Corp. Class C | 0.94% | 240,905 | $42.3M | Reduce -5.2% |
| POWI Power Integrations Inc. | 0.93% | 1,173,907 | $41.7M | Reduce -8.1% |
| CASY Casey's General Stores Inc. | 0.92% | 74,457 | $41.2M | Reduce -13.6% |
| IRMD Iradimed Corp. | 0.90% | 412,550 | $40.1M | Reduce -4.8% |
| UFPI Ufp Industries Inc. | 0.88% | 434,821 | $39.6M | Reduce -6.5% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.87% | 604,892 | $38.9M | Reduce -47.0% |
| MTRN Materion Corp. | 0.85% | 304,939 | $37.9M | Reduce -18.2% |
| RS Reliance Inc. | 0.84% | 130,776 | $37.8M | Reduce -7.1% |
| UTZ Utz Brands Inc. | 0.80% | 3,449,862 | $35.8M | Add +10.2% |
| LKFN Lakeland Financial Corp. | 0.78% | 615,680 | $35.1M | Reduce -5.5% |
| CRAI Cra International Inc. | 0.78% | 173,473 | $34.8M | Reduce -5.3% |
| TRU Transunion | 0.70% | 367,393 | $31.5M | Add +32.6% |
| NYT New York Times Co. Class A | 0.70% | 451,811 | $31.4M | Reduce -4.8% |
| RGLD Royal Gold Inc. | 0.69% | 139,408 | $31.0M | Reduce -5.2% |
| EE Excelerate Energy Inc. Class A | 0.68% | 1,092,965 | $30.7M | New |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.68% | 166,627 | $30.4M | Reduce -3.4% |
| AVGO Broadcom Inc. | 0.67% | 86,072 | $29.8M | Reduce -21.7% |
| DTM DT Midstream Inc. | 0.66% | 245,257 | $29.4M | Reduce -5.2% |
| NVT Nvent Electric PLC | 0.64% | 282,078 | $28.8M | Reduce -20.4% |
| MSA Msa Safety Inc. | 0.64% | 178,035 | $28.5M | Reduce -6.2% |
| NDSN Nordson Corp. | 0.62% | 116,316 | $28.0M | Reduce -7.0% |
| DGX Quest Diagnostics Inc. | 0.62% | 159,637 | $27.7M | Reduce -5.2% |
| CHDN Churchill Downs Inc. | 0.61% | 241,573 | $27.5M | Reduce -3.2% |
| MS Morgan Stanley | 0.61% | 153,010 | $27.2M | Reduce -4.2% |
| ESQ Esquire Financial Holdings I | 0.61% | 265,550 | $27.1M | Add +11.6% |
| WINA Winmark Corp. | 0.60% | 66,135 | $26.8M | Reduce -5.0% |
| DKS Dick's Sporting Goods Inc. | 0.59% | 134,541 | $26.6M | Reduce -5.3% |
| BAH Booz Allen Hamilton Holdings | 0.59% | 312,754 | $26.4M | Reduce -9.3% |
| DPZ Domino's Pizza Inc. | 0.58% | 62,378 | $26.0M | Reduce -6.2% |
| WSC Willscot Holdings Corp. | 0.58% | 1,377,098 | $25.9M | Add +7.6% |
| GFL GFL Environmental Inc.-Sub VT | 0.58% | 602,493 | $25.9M | Reduce -5.4% |
| PB Prosperity Bancshares Inc. | 0.58% | 373,612 | $25.8M | Reduce -4.7% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.57% | 1,520,739 | $25.7M | Reduce -6.4% |
| WH Wyndham Hotels & Resorts Inc. | 0.57% | 337,749 | $25.5M | Reduce -5.7% |
| RHP Ryman Hospitality Properties | 0.55% | 262,307 | $24.8M | Reduce -7.8% |
| MSFT Microsoft Corp. | 0.54% | 50,299 | $24.3M | Reduce -4.0% |
| FDS Factset Research Systems Inc. | 0.53% | 82,277 | $23.9M | Add +13.7% |
| CSL Carlisle Cos Inc. | 0.53% | 74,288 | $23.8M | Reduce -6.8% |
| PRI Primerica Inc. | 0.53% | 91,164 | $23.6M | Reduce -5.8% |
| AAPL Apple Inc. | 0.52% | 86,082 | $23.4M | Reduce -5.2% |
| MORN Morningstar Inc. | 0.51% | 105,282 | $22.9M | Add +19.8% |
| V Visa Inc. Class A | 0.50% | 63,602 | $22.3M | Reduce -4.2% |
| USLM United States Lime & Mineral | 0.50% | 185,956 | $22.3M | Add +22.8% |
| TPB Turning Point Brands Inc. | 0.49% | 204,188 | $22.1M | Add +29795.8% |
| NXRT Nexpoint Residential | 0.49% | 732,005 | $22.0M | Reduce -6.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.48% | 70,709 | $21.5M | Reduce -4.2% |
| GOOGL Alphabet Inc. Class A | 0.48% | 68,272 | $21.4M | Reduce -4.3% |
| LLY Eli Lilly & Co. | 0.48% | 19,879 | $21.4M | Reduce -4.9% |
| HSTM Healthstream Inc. | 0.46% | 887,553 | $20.5M | Add +6.2% |
| JPM JPMorgan Chase & Co. | 0.44% | 61,297 | $19.8M | Reduce -4.3% |
| BSY Bentley Systems Inc. Class B | 0.43% | 502,202 | $19.2M | Reduce -13.0% |
| APH Amphenol Corp. Class A | 0.42% | 138,617 | $18.7M | Reduce -6.0% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.41% | 1,149,834 | $18.3M | Reduce -27.8% |
| MPWR Monolithic Power Systems Inc. | 0.39% | 19,154 | $17.4M | Reduce -5.7% |
| WCN Waste Connections Inc. | 0.39% | 98,766 | $17.3M | Reduce -4.2% |
| COR Cencora Inc. | 0.38% | 50,488 | $17.1M | Reduce -4.3% |
| ATR Aptargroup Inc. | 0.37% | 135,753 | $16.6M | Add +8.0% |
| AMP Ameriprise Financial Inc. | 0.36% | 33,175 | $16.3M | Reduce -4.1% |
| POOL Pool Corp. | 0.36% | 70,026 | $16.0M | Reduce -14.1% |
Portfolio Sells Q3 2025 → Q4 2025
| ST Sensata Technologies Holdplc | Reduce -99.6% | 0.01% | −1.09 |
| NOG Northern Oil and Gas Inc. | Reduce -99.9% | 0.00% | −0.91 |
| PRGO Perrigo Co. PLC | Reduce -100.0% | 0.00% | −0.88 |
| CBT Cabot Corp. | Sold out | 0.00% | −0.83 |
| AL Sumisho Air Lease Corp. | Reduce -47.0% | 0.87% | −0.65 |
| AESI Atlas Energy Solutions Inc. | Sold out | 0.00% | −0.40 |
| EHC Encompass Health Corp. | Reduce -5.2% | 1.81% | −0.32 |
| CGNX Cognex Corp. | Reduce -6.4% | 1.13% | −0.29 |
| ZTS Zoetis Inc. | Reduce -98.0% | 0.00% | −0.23 |
| BWXT BWX Technologies Inc. | Reduce -53.6% | 0.20% | −0.23 |
| BSY Bentley Systems Inc. Class B | Reduce -13.0% | 0.43% | −0.19 |
| SXI Standex International Corp. | Reduce -20.8% | 1.19% | −0.18 |
| POOL Pool Corp. | Reduce -14.1% | 0.36% | −0.17 |
| CNXC Concentrix Corp. | Reduce -10.0% | 1.01% | −0.15 |
| POWI Power Integrations Inc. | Reduce -8.1% | 0.93% | −0.14 |
| SHOE Shoe Station Group Inc. | Reduce -6.4% | 0.57% | −0.13 |
| BAH Booz Allen Hamilton Holdings | Reduce -9.3% | 0.59% | −0.13 |
| WINA Winmark Corp. | Reduce -5.0% | 0.60% | −0.12 |
| USPH U.S. Physical Therapy Inc. | Reduce -6.9% | 1.37% | −0.12 |
| KNSL Kinsale Capital Group Inc. | Reduce -7.2% | 1.17% | −0.11 |
| LMAT Lemaitre Vascular Inc. | Reduce -5.5% | 1.61% | −0.10 |
| CASY Casey's General Stores Inc. | Reduce -13.6% | 0.92% | −0.10 |
| KWR Quaker Chemical Corporation | Reduce -18.6% | 0.94% | −0.09 |
| MTRN Materion Corp. | Reduce -18.2% | 0.85% | −0.09 |
| AVGO Broadcom Inc. | Reduce -21.7% | 0.67% | −0.09 |
| LKFN Lakeland Financial Corp. | Reduce -5.5% | 0.78% | −0.09 |
| NVT Nvent Electric PLC | Reduce -20.4% | 0.64% | −0.09 |
| CPK Chesapeake Utilities Corp. | Reduce -5.2% | 1.33% | −0.08 |
| UMH Umh Properties Inc. | Reduce -27.8% | 0.41% | −0.08 |
| DKS Dick's Sporting Goods Inc. | Reduce -5.3% | 0.59% | −0.06 |
| WING Wingstop Inc. | Reduce -5.4% | 1.45% | −0.06 |
| CNS Cohen & Steers Inc. | Reduce -7.1% | 1.13% | −0.06 |
| CHE Chemed Corp. | Reduce -6.0% | 1.31% | −0.05 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -5.4% | 0.58% | −0.05 |
| DGX Quest Diagnostics Inc. | Reduce -5.2% | 0.62% | −0.05 |
| HD Home Depot Inc. | Reduce -9.9% | 0.22% | −0.05 |
| MSA Msa Safety Inc. | Reduce -6.2% | 0.64% | −0.04 |
| MSI Motorola Solutions Inc. | Reduce -2.6% | 0.29% | −0.04 |
| NXRT Nexpoint Residential | Reduce -6.8% | 0.49% | −0.04 |
| PRI Primerica Inc. | Reduce -5.8% | 0.53% | −0.03 |
| BRO Brown & Brown Inc. | Reduce -6.0% | 0.18% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -6.1% | 0.28% | −0.03 |
| LNG Cheniere Energy Inc. | Reduce -4.4% | 0.16% | −0.03 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -5.7% | 0.57% | −0.03 |
| ADP Automatic Data Processing | Reduce -2.9% | 0.24% | −0.02 |
| MSFT Microsoft Corp. | Reduce -4.0% | 0.54% | −0.02 |
| UFPI Ufp Industries Inc. | Reduce -6.5% | 0.88% | −0.02 |
| CTAS Cintas Corp. | Reduce -5.1% | 0.29% | −0.02 |
| CRAI Cra International Inc. | Reduce -5.3% | 0.78% | −0.02 |
| DPZ Domino's Pizza Inc. | Reduce -6.2% | 0.58% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| AZZ Azz Inc. | Add +222.5% | 1.12% | +0.79 |
| EE Excelerate Energy Inc. Class A | New | 0.68% | +0.68 |
| TPB Turning Point Brands Inc. | Add +29795.8% | 0.49% | +0.49 |
| KBR KBR Inc. | Add +84.3% | 1.18% | +0.48 |
| PRDO Perdoceo Education Corp. | Add +82.2% | 1.12% | +0.38 |
| PATK Patrick Industries Inc. | Add +23.4% | 1.16% | +0.32 |
| NRG NRG Energy Inc. | New | 0.26% | +0.26 |
| ALG Alamo Group Inc. | New | 0.24% | +0.24 |
| MTDR Matador Resources Co. | Add +19.6% | 1.35% | +0.23 |
| TRU Transunion | Add +32.6% | 0.70% | +0.22 |
| CTRE Caretrust REIT Inc. | Add +5.0% | 1.46% | +0.22 |
| HLNE Hamilton Lane Inc. Class A | Add +5.8% | 1.57% | +0.18 |
| PM Philip Morris International | Add +115.3% | 0.25% | +0.14 |
| FDS Factset Research Systems Inc. | Add +13.7% | 0.53% | +0.10 |
| ESQ Esquire Financial Holdings I | Add +11.6% | 0.61% | +0.10 |
| MORN Morningstar Inc. | Add +19.8% | 0.51% | +0.09 |
| USLM United States Lime & Mineral | Add +22.8% | 0.50% | +0.08 |
| REGN Regeneron Pharmaceuticals | New | 0.02% | +0.02 |
| OLED Universal Display Corp. | Add +16.7% | 1.31% | +0.02 |
| ATR Aptargroup Inc. | Add +8.0% | 0.37% | +0.02 |
| WAB Wabtec Corp. | Add +302.1% | 0.02% | +0.02 |
| WSC Willscot Holdings Corp. | Add +7.6% | 0.58% | +0.02 |
| WSM Williams-Sonoma Inc. | Add +362.9% | 0.02% | +0.02 |
| CTVA Corteva Inc. | Add +319.7% | 0.02% | +0.02 |
| UTZ Utz Brands Inc. | Add +10.2% | 0.80% | +0.01 |
| VTR Ventas Inc. | New | 0.01% | +0.01 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.00% | +0.00 |
| IRM Iron Mountain Inc. | New | 0.00% | +0.00 |
| CLDT Chatham Lodging Trust | New | 0.00% | +0.00 |
| NRC NRC Health | New | 0.00% | +0.00 |
| PBI Pitney Bowes Inc. | New | 0.00% | +0.00 |
| ARTNA Artesian Resources Corp. Class A | New | 0.00% | +0.00 |
| LNN Lindsay Corp. | New | 0.00% | +0.00 |
| NGVC Natural Grocers BY Vitamin C | New | 0.00% | +0.00 |
| FLXS Flexsteel Inds | New | 0.00% | +0.00 |
| OWL Blue Owl Capital Inc. | Add +33.9% | 0.01% | +0.00 |
| HOCPY Hoya Corp.-Sponsored ADR | New | 0.00% | +0.00 |
| STT State Street Corp. | New | 0.00% | +0.00 |
| GD General Dynamics Corp. | New | 0.00% | +0.00 |
| GILDAN ACTIVEWEAR INC | Add +1.0% | 0.00% | +0.00 |
| KRYAY Kerry Group PLC-Spons ADR | Add +32.5% | 0.00% | +0.00 |
| TDHOY T&D Holdings Inc.-Unspon ADR | New | 0.00% | +0.00 |
| TTNDY Techtronic Industries-SP ADR | Add +16.2% | 0.00% | +0.00 |
| NPXYY Nippon Sanso Holdings Corp. | New | 0.00% | 0.00 |
| TGOPY 3I Group PLC-Unspon ADR | New | 0.00% | 0.00 |
| HSTM Healthstream Inc. | Add +6.2% | 0.46% | −0.03 |
| AAON Aaon Inc. | Add +9.9% | 1.36% | −0.06 |
| FSV Firstservice Corp. | Add +3.3% | 1.20% | −0.13 |
Notes & Other Activity Q3 2025 → Q4 2025
| SNDR Schneider National Inc. Class B | CL B | Sold out | 0 | $7before exit |
| NSP Insperity Inc. | COM | Sold out | 0 | $0before 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 |