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Topline Capital Management, LLC

CIK:0001792549
Hedge Fund
$630M AUM
42 holdings
Los Angeles, CA, US
Founded:2019
1 employees
Latest filing:Jun 30, 2025

Topline Capital Management, LLC is a Los Angeles, California-based investment adviser registered with the SEC. Founded in 2019, the firm manages investment portfolios focused mainly on US public equities. The firm appears to be relatively small in size with one core investment employee, serving institutional and high net worth clients.

Investment Strategy

Topline Capital Management, LLC invests predominantly in public equity markets, focused on identifying undervalued growth opportunities within the US, particularly in the technology, fintech, and healthcare sectors. The firm employs fundamental analysis to select securities, with an emphasis on long-term capital appreciation for its clients.

Latest 13F Filing Activity

Topline Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 41 equity positions with a total 13F market value of $583M. The fund increased holdings in Nutex Health Inc., Paysign Inc., Pra Group Inc. among other positions. Topline Capital Management, LLC reduced exposure to Paysafe Limited, Civeo Corp. Cda, Gambling Com Group Limited among others.

Top Buys
N
NUTXNUTEX HEALTH INC
+$30.0M
P
PAYSPAYSIGN INC
+$27.7M
P
PRAAPRA GROUP INC
+$15.9M
G
GDOTGREEN DOT CORP
+$14.4M
C
CTKBCYTEK BIOSCIENCES INC
+$11.9M
Top Sells
P
PSFEPAYSAFE LIMITED
-$23.8M
C
CVEOCIVEO CORP CDA
-$4.9M
G
GAMBGAMBLING COM GROUP LIMITED
-$2.8M
Q
QTRXQUANTERIX CORP
-$2.5M
C
CCRDCORECARD CORPORATION
-$2.3M

Top Holdings

C
CGNTCOGNYTE SOFTWARE LTD
+11.1%$64.9M
N
NRDSNERDWALLET INC
+9.9%$57.6M
G
GDOTGREEN DOT CORP
+9.2%$53.5M
B
BLBLACKLINE INC
+8.1%$47.3M
P
PAYSPAYSIGN INC
+6.7%$39.0M

Equity Positions (41)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
COGNYTE SOFTWARE LTD11.13%$64.9M7,027,290$8.65$9.24+$9.6M
NERDWALLET INC9.87%$57.6M5,251,145$13.30$10.97+$10.1M
GREEN DOT CORP9.17%$53.5M4,965,286$10.65$10.78+$14.4M
BLACKLINE INC8.11%$47.3M835,372$60.76$56.62+$3.0M
PAYSIGN INC6.69%$39.0M5,421,737$3.09$7.20+$27.7M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+34.6%
SERVICES-BUSINESS SERVICES, NEC
+18.5%
FINANCE SERVICES
+10.7%
SERVICES-COMPUTER PROCESSING & DATA PREPARATION
+9.7%
SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES
+6.9%