Topline Capital Management, LLC
Net seller this quarter
$386M
36
-$295M
80.9%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 PRAA | $73M | 18.93% | 10.21% | Not reported | Q1 2025 |
 WK | $42.3M | 10.96% | Not reported | -17.1% | Q2 2025 |
 PAYS | $38M | 9.85% | 8.22% | Not reported | Q4 2024 |
 DV | $34.8M | 9.03% | 2.07% | -36.0% | Q4 2025 |
 NRDS | $30.4M | 7.89% | 5.15% | -37.4% | Q4 2024 |
 CTKB | $27.8M | 7.22% | 4.83% | -11.1% | Q4 2024 |
 CGNT | $27.6M | 7.16% | 4.30% | -36.0% | Q4 2024 |
 KRMD | $14.2M | 3.67% | 7.31% | -4.0% | Q4 2024 |
 ELA | $11.9M | 3.09% | 1.59% | -47.0% | Q4 2024 |
 DCBO | $11.9M | 3.09% | 2.31% | -24.4% | Q2 2025 |
 ZVIA | $11.7M | 3.03% | Not reported | +6.4% | Q4 2025 |
 NUTX | $7.14M | 1.85% | 0.61% | -76.5% | Q4 2024 |
 NABL | $6.98M | 1.81% | 1.01% | -2.6% | Q4 2024 |
 OPXS | $6.3M | 1.63% | 6.46% | -22.4% | Q4 2024 |
 LAW | $5.54M | 1.44% | 2.26% | -44.1% | Q4 2024 |
 ACCS | $4.61M | 1.20% | 18.40% | Not reported | Q4 2024 |
 NPK | $4.03M | 1.05% | 0.45% | New | Q2 2026 |
 ATRC | $3.87M | 1.00% | 0.27% | New | Q2 2026 |
 SPT | $3.79M | 0.98% | Not reported | -81.6% | Q3 2025 |
 CERS | $3.07M | 0.80% | 0.52% | Not reported | Q4 2025 |
 MRDN | $2.6M | 0.67% | 1.47% | +32.9% | Q1 2026 |
 S | $2.17M | 0.56% | Not reported | -92.8% | Q2 2025 |
 HGBL | $2.16M | 0.56% | 5.15% | Not reported | Q4 2024 |
 NEPH | $1.91M | 0.50% | 4.93% | -8.0% | Q4 2024 |
 MITK | $1.89M | 0.49% | 0.21% | -94.2% | Q2 2025 |
 TRC | $1.59M | 0.41% | 0.32% | -9.7% | Q4 2025 |
 SLP | $1.55M | 0.40% | 0.42% | -61.3% | Q1 2026 |
 SIF | $833K | 0.22% | 0.57% | New | Q2 2026 |
 SMID | $580K | 0.15% | 0.38% | New | Q2 2026 |
 PPIH | $451K | 0.12% | 0.20% | New | Q2 2026 |
 TAYD | $260K | 0.07% | 0.10% | New | Q2 2026 |
 IA | $242K | 0.06% | 0.08% | New | Q2 2026 |
 MLAB | $236K | 0.06% | 0.04% | New | Q2 2026 |
 FRSH | $110K | 0.03% | 0.01% | -99.8% | Q4 2024 |
 DIBS | $50.3K | 0.01% | 0.03% | -86.1% | Q2 2025 |
 RSSS | $26.5K | 0.01% | 0.03% | -97.5% | Q2 2025 |
| Q1 2026 | |||||
| PRAA | $67.3M | 11.12% | 10.08% | +31.8% | Q1 2025 |
| WK | $62.6M | 10.35% | Not reported | +264.3% | Q2 2025 |
| NRDS | $54.5M | 9.01% | 7.98% | Not reported | Q4 2024 |
| DV | $47.7M | 7.88% | 3.22% | -40.6% | Q4 2025 |
| FRSH | $47.5M | 7.85% | 3.84% | -4.9% | Q4 2024 |
| CGNT | $39.8M | 6.57% | 6.72% | -32.1% | Q4 2024 |
| CTKB | $30.9M | 5.10% | 5.47% | -5.1% | Q4 2024 |
| PAYS | $27.4M | 4.52% | 8.32% | -15.7% | Q4 2024 |
 MNDY | $25.2M | 4.16% | 0.71% | -22.2% | Q4 2025 |
| S | $22.9M | 3.79% | Not reported | -76.6% | Q2 2025 |
| MITK | $21.8M | 3.60% | 3.59% | -15.6% | Q2 2025 |
| NUTX | $16.9M | 2.79% | 2.56% | -73.7% | Q4 2024 |
| SPT | $15.5M | 2.57% | Not reported | -5.7% | Q3 2025 |
| DCBO | $15.4M | 2.54% | 3.06% | +0.9% | Q2 2025 |
| KRMD | $15.2M | 2.51% | 7.62% | -10.8% | Q4 2024 |
| ELA | $13M | 2.15% | 3.00% | -8.4% | Q4 2024 |
 UNF | $10.1M | 1.68% | 0.20% | -74.5% | Q4 2024 |
| LAW | $10M | 1.66% | 4.09% | -20.9% | Q4 2024 |
| NABL | $9.12M | 1.51% | 1.04% | +40.7% | Q4 2024 |
| ZVIA | $7.9M | 1.30% | Not reported | +31.8% | Q4 2025 |
| OPXS | $7.66M | 1.27% | 8.35% | -13.9% | Q4 2024 |
| ACCS | $6.28M | 1.04% | 18.27% | Not reported | Q4 2024 |
 CERT | $4.27M | 0.71% | 0.49% | -62.4% | Q3 2025 |
| SLP | $2.58M | 0.43% | 1.08% | New | Q1 2026 |
 PLTK | $2.55M | 0.42% | 0.24% | New | Q1 2026 |
 INMD | $2.48M | 0.41% | 0.29% | -69.3% | Q2 2025 |
| HGBL | $2.43M | 0.40% | 5.14% | -3.5% | Q4 2024 |
 DSP | $2.17M | 0.36% | Not reported | -47.5% | Q3 2025 |
 QTRX | $1.98M | 0.33% | 1.20% | Not reported | Q1 2025 |
| TRC | $1.78M | 0.29% | 0.35% | +17.5% | Q4 2025 |
| NEPH | $1.73M | 0.29% | 5.37% | -5.3% | Q4 2024 |
 TTD | $1.35M | 0.22% | Not reported | New | Q1 2026 |
 TENB | $1.18M | 0.20% | 0.06% | New | Q1 2026 |
 NPCE | $1.06M | 0.18% | 0.24% | New | Q1 2026 |
| RSSS | $1.04M | 0.17% | 1.39% | -16.8% | Q2 2025 |
 JRVR | $1.03M | 0.17% | 0.36% | New | Q1 2026 |
| MRDN | $1.01M | 0.17% | 1.11% | New | Q1 2026 |
 PRPO | $616K | 0.10% | 1.38% | -49.6% | Q3 2025 |
 CRCT | $460K | 0.08% | 0.06% | -80.9% | Q4 2025 |
| DIBS | $405K | 0.07% | 0.21% | -46.1% | Q2 2025 |
 NTWK | $266K | 0.04% | 0.66% | -82.2% | Q4 2024 |
 SOTK | $143K | 0.02% | 0.22% | -79.3% | Q4 2025 |
 SSTI | $84.2K | 0.01% | 0.10% | -97.7% | Q4 2025 |
| Q4 2025 | |||||
| S | $114M | 10.33% | Not reported | Not reported | Q2 2025 |
| NUTX | $111M | 10.06% | 9.53% | +21.4% | Q4 2024 |
| DV | $96.7M | 8.75% | 5.22% | New | Q4 2025 |
| FRSH | $76.2M | 6.90% | 4.04% | +125.1% | Q4 2024 |
| NRDS | $71.2M | 6.44% | 7.37% | Not reported | Q4 2024 |
| MNDY | $69.1M | 6.25% | 0.91% | New | Q4 2025 |
| CGNT | $68M | 6.16% | 10.05% | +0.6% | Q4 2024 |
| PRAA | $51.6M | 4.67% | 7.59% | +11.6% | Q1 2025 |
 GDOT | $42.5M | 3.84% | 5.97% | -28.2% | Q4 2024 |
| CTKB | $37.6M | 3.40% | 5.79% | +7.2% | Q4 2024 |
| SPT | $32.6M | 2.95% | Not reported | +112.7% | Q3 2025 |
| UNF | $30.5M | 2.76% | 0.80% | +29.2% | Q4 2024 |
| PAYS | $28.3M | 2.56% | 9.99% | +1.1% | Q4 2024 |
| LAW | $25.7M | 2.33% | 5.24% | +3.5% | Q4 2024 |
| WK | $24.9M | 2.25% | Not reported | +3302.8% | Q2 2025 |
| KRMD | $22.9M | 2.07% | 8.50% | +8.0% | Q4 2024 |
| MITK | $20.1M | 1.82% | 4.22% | +80.9% | Q2 2025 |
| DCBO | $19.3M | 1.75% | 3.03% | +169.6% | Q2 2025 |
| CERT | $17.5M | 1.59% | 1.25% | +264.3% | Q3 2025 |
 ILMN | $14.4M | 1.31% | 0.07% | Not reported | Q1 2025 |
 BL | $13.1M | 1.19% | 0.40% | -58.4% | Q4 2024 |
| ZVIA | $11.9M | 1.08% | Not reported | New | Q4 2025 |
| ELA | $11.4M | 1.03% | 3.28% | -1.3% | Q4 2024 |
| NABL | $10.4M | 0.94% | 0.74% | +205.2% | Q4 2024 |
| OPXS | $9.54M | 0.86% | 9.70% | -1.0% | Q4 2024 |
 OSPN | $8.74M | 0.79% | 1.82% | +94.9% | Q3 2025 |
| INMD | $8.7M | 0.79% | 0.94% | +123.8% | Q2 2025 |
 CTEV | $8.41M | 0.76% | 1.19% | -2.5% | Q4 2024 |
 STAA | $6.87M | 0.62% | 0.60% | New | Q4 2025 |
| ACCS | $6.6M | 0.60% | 18.42% | Not reported | Q4 2024 |
 IDN | $5.08M | 0.46% | 3.76% | -0.8% | Q4 2024 |
| DSP | $4.44M | 0.40% | Not reported | +48.1% | Q3 2025 |
| SSTI | $4.38M | 0.40% | 4.25% | New | Q4 2025 |
| CRCT | $3.19M | 0.29% | 0.31% | New | Q4 2025 |
| NEPH | $3M | 0.27% | 5.77% | +3.0% | Q4 2024 |
| HGBL | $2.3M | 0.21% | 5.33% | +10.3% | Q4 2024 |
 EEFT | $1.71M | 0.16% | 0.05% | New | Q4 2025 |
| RSSS | $1.63M | 0.15% | 1.69% | +126.4% | Q2 2025 |
| NTWK | $1.34M | 0.12% | 3.74% | -1.4% | Q4 2024 |
| TRC | $1.27M | 0.11% | 0.30% | New | Q4 2025 |
| PRPO | $1.12M | 0.10% | 2.75% | -24.9% | Q3 2025 |
| GMGI | $1.12M | 0.10% | Not reported | +123.8% | Q2 2025 |
| CERS | $847K | 0.08% | 0.21% | New | Q4 2025 |
| DIBS | $818K | 0.07% | 0.37% | -28.9% | Q2 2025 |
 CRGO | $814K | 0.07% | 0.69% | +32.6% | Q2 2025 |
| SOTK | $702K | 0.06% | 1.08% | New | Q4 2025 |
 FORR | $529K | 0.05% | 0.34% | New | Q4 2025 |
 NAII | $392K | 0.04% | 1.77% | New | Q4 2025 |
 KRT | $316K | 0.03% | 0.07% | New | Q4 2025 |
| Q3 2025 | |||||
| GDOT | $62M | 10.66% | 8.33% | -7.1% | Q4 2024 |
| CGNT | $60.4M | 10.39% | 9.99% | +2.4% | Q4 2024 |
| NUTX | $57.5M | 9.89% | 8.06% | +80.0% | Q4 2024 |
| NRDS | $56.5M | 9.71% | 7.03% | Not reported | Q4 2024 |
| PRAA | $40.4M | 6.94% | 6.69% | +16.2% | Q1 2025 |
| PAYS | $34.3M | 5.89% | 9.89% | +0.4% | Q4 2024 |
| FRSH | $32.5M | 5.60% | 1.80% | +43.0% | Q4 2024 |
| BL | $30.3M | 5.20% | 0.95% | -31.8% | Q4 2024 |
| CTKB | $24.1M | 4.14% | 5.43% | +32.8% | Q4 2024 |
| LAW | $20.7M | 3.56% | 5.13% | +8.1% | Q4 2024 |
| UNF | $20.5M | 3.52% | 0.62% | +64.1% | Q4 2024 |
| SPT | $17.6M | 3.02% | Not reported | New | Q3 2025 |
| KRMD | $14M | 2.40% | 7.88% | +1.1% | Q4 2024 |
| CTEV | $10.7M | 1.84% | 1.22% | -17.3% | Q4 2024 |
| MITK | $10.3M | 1.77% | 2.31% | +99.6% | Q2 2025 |
| DCBO | $8.83M | 1.52% | 1.07% | +484.9% | Q2 2025 |
| OPXS | $8.76M | 1.51% | 9.82% | -1.7% | Q4 2024 |
| ACCS | $7.61M | 1.31% | 18.33% | Not reported | Q4 2024 |
| ELA | $6.74M | 1.16% | 3.32% | +0.1% | Q4 2024 |
| CERT | $6.68M | 1.15% | 0.34% | New | Q3 2025 |
| CCRD | $6.43M | 1.10% | Not reported | +85.2% | Q4 2024 |
| OSPN | $5.55M | 0.95% | 0.92% | New | Q3 2025 |
 JYNT | $4.11M | 0.71% | 2.84% | -4.2% | Q4 2024 |
| IDN | $3.99M | 0.69% | 3.80% | -14.2% | Q4 2024 |
| INMD | $3.95M | 0.68% | 0.38% | +2296.8% | Q2 2025 |
| SEMR | $3.92M | 0.67% | 2.36% | Not reported | Q4 2024 |
| NABL | $3.55M | 0.61% | 0.24% | Not reported | Q4 2024 |
| NEPH | $2.82M | 0.48% | 5.61% | +24.9% | Q4 2024 |
| HGBL | $2.79M | 0.48% | 4.83% | Not reported | Q4 2024 |
| DSP | $2.15M | 0.37% | Not reported | New | Q3 2025 |
| NTWK | $2.12M | 0.37% | 3.79% | -4.4% | Q4 2024 |
| JAMF | $1.78M | 0.31% | 0.13% | New | Q3 2025 |
 RPAY | $1.59M | 0.27% | 4.69% | New | Q3 2025 |
| PRPO | $1.16M | 0.20% | 3.73% | New | Q3 2025 |
 SVCO | $921K | 0.16% | 0.56% | -26.7% | Q2 2025 |
| RSSS | $914K | 0.16% | 0.75% | +461.4% | Q2 2025 |
| CRGO | $888K | 0.15% | 0.54% | -0.6% | Q2 2025 |
| WK | $729K | 0.13% | Not reported | -85.4% | Q2 2025 |
| GMGI | $705K | 0.12% | Not reported | +1072.4% | Q2 2025 |
| DIBS | $498K | 0.09% | 0.52% | +341.6% | Q2 2025 |
 PLPC | $413K | 0.07% | 0.04% | New | Q3 2025 |
 OFLX | $342K | 0.06% | 0.11% | New | Q3 2025 |