Kopion Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), Kopion Asset Management, LLC reported 20 stock positions worth $142.4 million. Its top holding was Trupanion (TRUP) at 8.0% of the portfolio, followed by Technipfmc (FTI, 8.0%) and Borgwarner (BWA, 7.6%). Compared with Q3 2024, it opened 1 new position, added to 5 and reduced 14. The biggest buy was a new position in Nice Ltd. - Spon ADR (NICE) and the biggest sale Coherent (COHR, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- MCKINNEY, TX
- CIK
- 0001728689
- Portfolio Value
- $142.4M (Q4 2024)
- SEC Filing
- 0001728689-25-000001 ↗ filed Jan 14, 2025
Holdings Value
Holdings 20 stocks · $142.4M
| TRUP Trupanion Inc. | 8.01% | 236,787 | $11.4M | Reduce -22.5% |
| FTI Technipfmc PLC | 8.00% | 393,837 | $11.4M | Reduce -14.0% |
| BWA Borgwarner Inc. | 7.57% | 339,127 | $10.8M | Reduce -8.0% |
| MGNI Magnite Inc. | 7.17% | 641,509 | $10.2M | Reduce -1.4% |
| PRO Pros Holdings Inc. | 6.98% | 452,617 | $9.9M | Reduce -2.0% |
| SSYS Stratasys Ltd. | 6.84% | 1,096,047 | $9.7M | Reduce -5.2% |
| SSTI Soundthinking Inc. | 6.67% | 727,144 | $9.5M | Add +24.2% |
| ANSS Ansys Inc. | 5.41% | 22,825 | $7.7M | Reduce -2.2% |
| NICE Nice Ltd. - Spon ADR | 5.22% | 43,766 | $7.4M | New |
| AIOT Powerfleet Inc. | 5.17% | 1,105,205 | $7.4M | Reduce -10.8% |
| VRNS Varonis Systems Inc. | 5.05% | 161,796 | $7.2M | Reduce -1.8% |
| CGNX Cognex Corp. | 4.80% | 190,618 | $6.8M | Reduce -1.9% |
| HXL Hexcel Corp. | 4.31% | 97,960 | $6.1M | Add +11.2% |
| CERT Certara Inc. | 4.15% | 555,643 | $5.9M | Add +46.0% |
| COHR Coherent Corp. | 4.08% | 61,328 | $5.8M | Reduce -40.7% |
| ACIW Aci Worldwide Inc. | 3.76% | 103,106 | $5.4M | Reduce -20.2% |
| SLP Simulations Plus Inc. | 2.27% | 116,044 | $3.2M | Add +0.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.25% | 35,116 | $3.2M | Add +19.2% |
| TNC Tennant Co. | 1.85% | 32,402 | $2.6M | Reduce -1.9% |
| TYL Tyler Technologies Inc. | 0.44% | 1,084 | $625K | Reduce -3.0% |
Portfolio Sells Q3 2024 → Q4 2024
| COHR Coherent Corp. | Reduce -40.7% | 4.08% | −2.54 |
| BWA Borgwarner Inc. | Reduce -8.0% | 7.57% | −2.07 |
| VRNS Varonis Systems Inc. | Reduce -1.8% | 5.05% | −1.66 |
| TRUP Trupanion Inc. | Reduce -22.5% | 8.01% | −1.22 |
| ACIW Aci Worldwide Inc. | Reduce -20.2% | 3.76% | −0.98 |
| CGNX Cognex Corp. | Reduce -1.9% | 4.80% | −0.87 |
| FTI Technipfmc PLC | Reduce -14.0% | 8.00% | −0.64 |
| TNC Tennant Co. | Reduce -1.9% | 1.85% | −0.43 |
| SSYS Stratasys Ltd. | Reduce -5.2% | 6.84% | −0.07 |
| TYL Tyler Technologies Inc. | Reduce -3.0% | 0.44% | −0.03 |
| ANSS Ansys Inc. | Reduce -2.2% | 5.41% | +0.05 |
| MGNI Magnite Inc. | Reduce -1.4% | 7.17% | +0.68 |
| AIOT Powerfleet Inc. | Reduce -10.8% | 5.17% | +0.71 |
| PRO Pros Holdings Inc. | Reduce -2.0% | 6.98% | +0.82 |
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $158.2M | VRNS, NICE, TRUP, MGNI, CERT |
| Q1 2026 | 20 | $128.5M | NICE, TNC, VRNS, TRUP, MGNI |
| Q4 2025 | 18 | $139.9M | NICE, FTI, TRUP, VRNS, MGNI |
| Q3 2025 | 19 | $154.3M | PRO, NICE, TRUP, FTI, BWA |
| Q2 2025 | 20 | $148.3M | TRUP, BWA, FTI, VRNS, MGNI |
| Q1 2025 | 20 | $128.5M | TRUP, BWA, FTI, SSTI, NICE |
| Q4 2024 | 20 | $142.4M | TRUP, FTI, BWA, MGNI, PRO |
| Q3 2024 | 19 | $138.9M | BWA, TRUP, FTI, SSYS, VRNS |
| Q2 2024 | 18 | $140.9M | TRUP, FTI, BWA, COHR, MGNI |
| Q1 2024 | 18 | $140.7M | FTI, BWA, TRUP, MIXT, MGNI |