Copeland Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), Copeland Capital Management, LLC reported 257 stock positions worth $4.5 billion. Its top holding was Ensign (ENSG) at 2.7% of the portfolio, followed by Pricesmart (PSMT, 2.1%) and Lemaitre Vascular (LMAT, 2.1%). Compared with Q4 2025, it opened 16 new positions, sold out of 56, added to 86 and reduced 132. The biggest buy was a new position in Servisfirst Bancshares (SFBS) and the biggest sale Tetra Tech (TTEK, shares −78%).
- Most Recent 13F
- Q2 2026
- Location
- Conshohocken, PA
- CIK
- 0001541743
- Portfolio Value
- $4.5B (Q1 2026)
- SEC Filing
- 0001580642-26-002984 ↗ filed May 6, 2026
Holdings Value
Holdings 257 stocks · $4.5B
| ENSG The Ensign Group Inc. | 2.66% | 593,425 | $119.6M | Reduce -7.5% |
| PSMT Pricesmart Inc. | 2.14% | 638,913 | $96.2M | Reduce -2.2% |
| LMAT Lemaitre Vascular Inc. | 2.11% | 870,692 | $95.1M | Reduce -2.1% |
| LFUS Littelfuse Inc. | 1.99% | 263,396 | $89.4M | Reduce -12.2% |
| WCC Wesco International Inc. | 1.96% | 321,625 | $88.0M | Reduce -11.6% |
| EHC Encompass Health Corp. | 1.92% | 892,823 | $86.4M | Add +16.8% |
| YOU Clear Secure Inc. Class A | 1.89% | 1,755,852 | $85.0M | Reduce -21.5% |
| MTDR Matador Resources Co. | 1.83% | 1,304,451 | $82.4M | Reduce -8.6% |
| VMI Valmont Industries | 1.83% | 205,483 | $82.1M | Reduce -2.4% |
| NSSC Napco Security Technologies | 1.76% | 2,009,089 | $79.1M | Add +41.4% |
| KLIC Kulicke & Soffa Industries | 1.68% | 1,151,020 | $75.6M | Reduce -22.1% |
| HXL Hexcel Corp. | 1.66% | 920,959 | $74.5M | Reduce -2.3% |
| TNL Travel + Leisure Co. | 1.56% | 1,016,913 | $70.4M | Reduce -8.9% |
| PRDO Perdoceo Education Corp. | 1.53% | 1,854,135 | $69.0M | Add +8.0% |
| HOMB Home Bancshares Inc. | 1.53% | 2,561,767 | $69.0M | Reduce -2.3% |
| CGNX Cognex Corp. | 1.52% | 1,393,446 | $68.3M | Reduce -1.0% |
| POWI Power Integrations Inc. | 1.50% | 1,321,789 | $67.7M | Add +12.6% |
| AAON Aaon Inc. | 1.45% | 787,617 | $65.2M | Reduce -1.6% |
| BC Brunswick Corp. | 1.44% | 890,412 | $64.8M | Reduce -1.8% |
| CTRE Caretrust REIT Inc. | 1.44% | 1,764,855 | $64.7M | Reduce -2.1% |
| USPH U.S. Physical Therapy Inc. | 1.40% | 836,831 | $62.7M | Add +6.5% |
| PATK Patrick Industries Inc. | 1.39% | 563,507 | $62.6M | Add +17.6% |
| SXI Standex International Corp. | 1.36% | 240,792 | $61.4M | Reduce -2.0% |
| LSTR Landstar System Inc. | 1.35% | 377,389 | $60.5M | Reduce -1.0% |
| TRNO Terreno Realty Corp. | 1.32% | 969,753 | $59.6M | Reduce -1.8% |
| CPK Chesapeake Utilities Corp. | 1.32% | 468,656 | $59.2M | Reduce -2.1% |
| AZZ Azz Inc. | 1.27% | 458,144 | $57.3M | Reduce -1.7% |
| CHE Chemed Corp. | 1.24% | 147,957 | $55.9M | Add +7.6% |
| SFBS Servisfirst Bancshares Inc. | 1.22% | 753,526 | $54.9M | New |
| OLED Universal Display Corp. | 1.19% | 581,776 | $53.3M | Add +15.5% |
| EE Excelerate Energy Inc. Class A | 1.18% | 1,584,618 | $53.0M | Add +45.0% |
| BIPC Brookfield Infrastructure-A | 1.18% | 1,338,412 | $52.9M | Reduce -2.5% |
| FSV Firstservice Corp. | 1.14% | 368,543 | $51.2M | Add +6.5% |
| KBR KBR Inc. | 1.12% | 1,368,892 | $50.5M | Add +4.4% |
| CNS Cohen & Steers Inc. | 1.12% | 804,516 | $50.3M | Reduce -0.0% |
| HLNE Hamilton Lane Inc. Class A | 1.12% | 505,806 | $50.3M | Reduce -3.5% |
| PEGA Pegasystems Inc. | 1.06% | 1,123,518 | $47.8M | New |
| CASY Casey's General Stores Inc. | 0.95% | 58,972 | $42.9M | Reduce -20.8% |
| WING Wingstop Inc. | 0.91% | 263,116 | $40.8M | Reduce -3.3% |
| UFPI Ufp Industries Inc. | 0.88% | 430,026 | $39.6M | Reduce -1.1% |
| NXST Nexstar Media Group Inc. | 0.86% | 213,042 | $38.5M | Reduce -43.4% |
| RS Reliance Inc. | 0.85% | 126,329 | $38.4M | Reduce -3.4% |
| MTRN Materion Corp. | 0.85% | 265,247 | $38.4M | Reduce -13.0% |
| KNSL Kinsale Capital Group Inc. | 0.84% | 111,089 | $38.0M | Reduce -16.8% |
| STE Steris PLC | 0.83% | 168,908 | $37.4M | Reduce -3.9% |
| NYT New York Times Co. Class A | 0.82% | 439,488 | $36.8M | Reduce -2.7% |
| TPB Turning Point Brands Inc. | 0.79% | 407,208 | $35.3M | Add +99.4% |
| AGM Federal Agric MTG Corp. Class C | 0.78% | 236,583 | $35.1M | Reduce -1.8% |
| LKFN Lakeland Financial Corp. | 0.77% | 606,364 | $34.8M | Reduce -1.5% |
| IRMD Iradimed Corp. | 0.77% | 359,325 | $34.6M | Reduce -12.9% |
| KWR Quaker Chemical Corporation | 0.73% | 265,051 | $32.9M | Reduce -14.0% |
| ESQ Esquire Financial Holdings I | 0.73% | 304,647 | $32.7M | Add +14.7% |
| NVT Nvent Electric PLC | 0.72% | 274,841 | $32.5M | Reduce -2.6% |
| DTM DT Midstream Inc. | 0.72% | 239,039 | $32.2M | Reduce -2.5% |
| UTZ Utz Brands Inc. | 0.72% | 4,063,561 | $32.2M | Add +17.8% |
| DGX Quest Diagnostics Inc. | 0.68% | 155,348 | $30.4M | Reduce -2.7% |
| NDSN Nordson Corp. | 0.67% | 113,657 | $30.2M | Reduce -2.3% |
| ALG Alamo Group Inc. | 0.67% | 181,465 | $29.9M | Add +189.3% |
| CNXC Concentrix Corp. | 0.66% | 1,079,589 | $29.5M | Reduce -0.9% |
| MSA Msa Safety Inc. | 0.64% | 176,737 | $29.0M | Reduce -0.7% |
| RGLD Royal Gold Inc. | 0.63% | 111,847 | $28.5M | Reduce -19.8% |
| WINA Winmark Corp. | 0.62% | 64,947 | $27.8M | Reduce -1.8% |
| AAPL Apple Inc. | 0.61% | 108,275 | $27.5M | Add +25.8% |
| WH Wyndham Hotels & Resorts Inc. | 0.60% | 333,055 | $27.1M | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 0.59% | 92,677 | $26.7M | Add +35.8% |
| HSTM Healthstream Inc. | 0.59% | 1,276,739 | $26.4M | Add +43.9% |
| DKS Dick's Sporting Goods Inc. | 0.58% | 130,979 | $26.0M | Reduce -2.6% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.57% | 162,103 | $25.6M | Reduce -2.7% |
| AVGO Broadcom Inc. | 0.56% | 81,147 | $25.1M | Reduce -5.7% |
| MSFT Microsoft Corp. | 0.56% | 67,559 | $25.0M | Add +34.3% |
| TRU Transunion | 0.55% | 357,685 | $24.7M | Reduce -2.6% |
| GFL GFL Environmental Inc.-Sub VT | 0.55% | 588,489 | $24.6M | Reduce -2.3% |
| CSL Carlisle Cos Inc. | 0.55% | 73,534 | $24.5M | Reduce -1.0% |
| RHP Ryman Hospitality Properties | 0.54% | 263,807 | $24.3M | Add +0.6% |
| PB Prosperity Bancshares Inc. | 0.54% | 360,290 | $24.2M | Reduce -3.6% |
| BSY Bentley Systems Inc. Class B | 0.54% | 687,682 | $24.2M | Add +36.9% |
| WSC Willscot Holdings Corp. | 0.53% | 1,375,226 | $23.9M | Reduce -0.1% |
| CHDN Churchill Downs Inc. | 0.53% | 265,569 | $23.9M | Add +9.9% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.52% | 1,512,900 | $23.6M | Reduce -0.5% |
| MORN Morningstar Inc. | 0.51% | 135,215 | $22.9M | Add +28.4% |
| PRI Primerica Inc. | 0.50% | 90,649 | $22.7M | Reduce -0.6% |
| MS Morgan Stanley | 0.49% | 135,026 | $22.2M | Reduce -11.8% |
| VLTO Veralto Corp. | 0.49% | 247,090 | $21.8M | New |
| DPZ Domino's Pizza Inc. | 0.48% | 59,977 | $21.5M | Reduce -3.9% |
| UNF Unifirst Corp. | 0.48% | 85,106 | $21.4M | Reduce -71.2% |
| KFRC Kforce Inc. | 0.43% | 666,331 | $19.5M | Add +51.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.43% | 57,405 | $19.4M | Reduce -18.8% |
| USLM United States Lime & Mineral | 0.42% | 143,665 | $18.8M | Reduce -22.7% |
| NXRT Nexpoint Residential | 0.40% | 728,171 | $18.2M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 0.40% | 61,645 | $18.1M | Add +0.6% |
| V Visa Inc. Class A | 0.40% | 59,709 | $18.0M | Reduce -6.1% |
| SNX TD Synnex Corp. | 0.40% | 105,862 | $17.9M | New |
| BAH Booz Allen Hamilton Holdings | 0.40% | 228,750 | $17.8M | Reduce -26.9% |
| ATR Aptargroup Inc. | 0.40% | 140,932 | $17.8M | Add +3.8% |
| ROST Ross Stores Inc. | 0.39% | 81,155 | $17.6M | Reduce -5.8% |
| LLY Eli Lilly & Co. | 0.38% | 18,730 | $17.2M | Reduce -5.8% |
| MPWR Monolithic Power Systems Inc. | 0.38% | 15,755 | $17.2M | Reduce -17.8% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.36% | 1,130,858 | $16.3M | Reduce -1.6% |
| INTU Intuit Inc. | 0.35% | 36,496 | $15.8M | Add +65.7% |
| MAR Marriott International Class A | 0.34% | 46,474 | $15.2M | Reduce -6.3% |
Portfolio Sells Q4 2025 → Q1 2026
| TTEK Tetra Tech Inc. | Reduce -78.0% | 0.25% | −1.00 |
| AL Sumisho Air Lease Corp. | Reduce -99.1% | 0.01% | −0.86 |
| NXST Nexstar Media Group Inc. | Reduce -43.4% | 0.86% | −0.85 |
| UNF Unifirst Corp. | Reduce -71.2% | 0.48% | −0.80 |
| CRAI Cra International Inc. | Reduce -100.0% | 0.00% | −0.78 |
| WING Wingstop Inc. | Reduce -3.3% | 0.91% | −0.54 |
| FDS Factset Research Systems Inc. | Reduce -99.9% | 0.00% | −0.53 |
| HLNE Hamilton Lane Inc. Class A | Reduce -3.5% | 1.12% | −0.45 |
| CNXC Concentrix Corp. | Reduce -0.9% | 0.66% | −0.35 |
| KNSL Kinsale Capital Group Inc. | Reduce -16.8% | 0.84% | −0.32 |
| CRM Salesforce Inc. | Reduce -92.6% | 0.02% | −0.28 |
| MSCI MSCI Inc. | Reduce -92.3% | 0.02% | −0.28 |
| META Meta Platforms Inc. Class A | Reduce -99.6% | 0.00% | −0.28 |
| SHW The Sherwin-Williams Co. | Reduce -97.3% | 0.01% | −0.26 |
| ADP Automatic Data Processing | Reduce -90.2% | 0.02% | −0.23 |
| EQIX Equinix Inc. | Reduce -93.7% | 0.02% | −0.22 |
| BIPC Brookfield Infrastructure-A | Reduce -2.5% | 1.18% | −0.21 |
| KWR Quaker Chemical Corporation | Reduce -14.0% | 0.73% | −0.21 |
| HD Home Depot Inc. | Reduce -94.6% | 0.01% | −0.21 |
| TNL Travel + Leisure Co. | Reduce -8.9% | 1.56% | −0.19 |
| BAH Booz Allen Hamilton Holdings | Reduce -26.9% | 0.40% | −0.19 |
| BRO Brown & Brown Inc. | Reduce -93.0% | 0.01% | −0.17 |
| AGM Federal Agric MTG Corp. Class C | Reduce -1.8% | 0.78% | −0.16 |
| STE Steris PLC | Reduce -3.9% | 0.83% | −0.16 |
| TRU Transunion | Reduce -2.6% | 0.55% | −0.15 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.15 |
| IRMD Iradimed Corp. | Reduce -12.9% | 0.77% | −0.13 |
| MS Morgan Stanley | Reduce -11.8% | 0.49% | −0.11 |
| JKHY Jack Henry & Associates Inc. | Reduce -2.7% | 0.57% | −0.11 |
| AVGO Broadcom Inc. | Reduce -5.7% | 0.56% | −0.11 |
| DPZ Domino's Pizza Inc. | Reduce -3.9% | 0.48% | −0.10 |
| APH Amphenol Corp. Class A | Reduce -18.4% | 0.32% | −0.10 |
| V Visa Inc. Class A | Reduce -6.1% | 0.40% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -5.8% | 0.38% | −0.09 |
| HOMB Home Bancshares Inc. | Reduce -2.3% | 1.53% | −0.09 |
| NXRT Nexpoint Residential | Reduce -0.5% | 0.40% | −0.09 |
| COR Cencora Inc. | Reduce -16.3% | 0.30% | −0.09 |
| USLM United States Lime & Mineral | Reduce -22.7% | 0.42% | −0.08 |
| VMI Valmont Industries | Reduce -2.4% | 1.83% | −0.06 |
| BC Brunswick Corp. | Reduce -1.8% | 1.44% | −0.06 |
| BKNG Booking Holdings Inc. | Reduce -6.1% | 0.17% | −0.06 |
| RGLD Royal Gold Inc. | Reduce -19.8% | 0.63% | −0.06 |
| WCN Waste Connections Inc. | Reduce -6.3% | 0.33% | −0.05 |
| AMP Ameriprise Financial Inc. | Reduce -4.7% | 0.31% | −0.05 |
| SHOE Shoe Station Group Inc. | Reduce -0.5% | 0.52% | −0.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -18.8% | 0.43% | −0.05 |
| WSC Willscot Holdings Corp. | Reduce -0.1% | 0.53% | −0.05 |
| UMH Umh Properties Inc. | Reduce -1.6% | 0.36% | −0.05 |
| CTAS Cintas Corp. | Reduce -4.7% | 0.25% | −0.04 |
| PB Prosperity Bancshares Inc. | Reduce -3.6% | 0.54% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| SFBS Servisfirst Bancshares Inc. | New | 1.22% | +1.22 |
| PEGA Pegasystems Inc. | New | 1.06% | +1.06 |
| POWI Power Integrations Inc. | Add +12.6% | 1.50% | +0.57 |
| EE Excelerate Energy Inc. Class A | Add +45.0% | 1.18% | +0.49 |
| VLTO Veralto Corp. | New | 0.49% | +0.49 |
| NSSC Napco Security Technologies | Add +41.4% | 1.76% | +0.44 |
| ALG Alamo Group Inc. | Add +189.3% | 0.67% | +0.43 |
| PRDO Perdoceo Education Corp. | Add +8.0% | 1.53% | +0.41 |
| SNX TD Synnex Corp. | New | 0.40% | +0.40 |
| VRT Vertiv Holdings Co. Class A | Add +906.0% | 0.31% | +0.29 |
| TPB Turning Point Brands Inc. | Add +99.4% | 0.79% | +0.29 |
| WAB Wabtec Corp. | Add +861.5% | 0.26% | +0.24 |
| EBAY eBay Inc. | Add +980.3% | 0.26% | +0.23 |
| PATK Patrick Industries Inc. | Add +17.6% | 1.39% | +0.23 |
| LRCX Lam Research Corp. | Add +857.8% | 0.25% | +0.23 |
| ARES Ares Management Corp. Class A | New | 0.21% | +0.21 |
| AYI Acuity Inc. | New | 0.20% | +0.20 |
| ECL Ecolab Inc. | New | 0.20% | +0.20 |
| HSTM Healthstream Inc. | Add +43.9% | 0.59% | +0.13 |
| KFRC Kforce Inc. | Add +51.5% | 0.43% | +0.13 |
| ESQ Esquire Financial Holdings I | Add +14.7% | 0.73% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +35.8% | 0.59% | +0.12 |
| BSY Bentley Systems Inc. Class B | Add +36.9% | 0.54% | +0.11 |
| EHC Encompass Health Corp. | Add +16.8% | 1.92% | +0.11 |
| ORCL Oracle Corp. | New | 0.10% | +0.10 |
| AAPL Apple Inc. | Add +25.8% | 0.61% | +0.09 |
| ATR Aptargroup Inc. | Add +3.8% | 0.40% | +0.03 |
| INTU Intuit Inc. | Add +65.7% | 0.35% | +0.03 |
| USPH U.S. Physical Therapy Inc. | Add +6.5% | 1.40% | +0.02 |
| BPOP Popular Inc. | New | 0.02% | +0.02 |
| MSFT Microsoft Corp. | Add +34.3% | 0.56% | +0.01 |
| AWK American Water Works Co. Inc. | Add +21.6% | 0.03% | +0.01 |
| EWBC East West Bancorp Inc. | New | 0.00% | +0.00 |
| DD Dupont DE Nemours Inc. | New | 0.00% | +0.00 |
| IRM Iron Mountain Inc. | Add +94.5% | 0.00% | +0.00 |
| MRUWY Maruwa Co. Ltd. | New | 0.00% | +0.00 |
| BNED Barnes & Noble Education Inc. | New | 0.00% | +0.00 |
| TILE Interface Inc. | New | 0.00% | +0.00 |
| RMD Resmed Inc. | Add +13.0% | 0.02% | +0.00 |
| WSM Williams-Sonoma Inc. | Add +3.3% | 0.02% | +0.00 |
| RICK Rci Hospitality Holdings Inc. | Add +122.0% | 0.00% | +0.00 |
| RNGR Ranger Energy Services Class A | Add +43.3% | 0.00% | +0.00 |
| ESOA Energy Services of America | Add +6.7% | 0.00% | +0.00 |
| KOP Koppers Holdings Inc. | Add +7.9% | 0.00% | +0.00 |
| REPX Riley Exploration Permian Inc. | Add +3.8% | 0.00% | +0.00 |
| GRC Gorman-Rupp Co. | Add +3.9% | 0.00% | +0.00 |
| ODC Oil-Dri Corp. of America | Add +7.5% | 0.00% | +0.00 |
| ATNI Atn International Inc. | Add +7.2% | 0.00% | +0.00 |
| CLDT Chatham Lodging Trust | Add +7.1% | 0.00% | +0.00 |
| KRT Karat Packaging Inc. | Add +8.5% | 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 |