13F HOLDINGS REPORT
Topline Capital Management, LLC
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001085146-25-005251
Total Value
$583.5M
Positions
42
Other Managers
0
Confidential Omitted
No
Holdings (42)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | COGNYTE SOFTWARE LTD | CGNT | 7,027,290 | $64.9M | 11.13% |
| 2 | NERDWALLET INC | NRDS | 5,251,145 | $57.6M | 9.87% |
| 3 | GREEN DOT CORP | GDOT | 4,965,286 | $53.5M | 9.17% |
| 4 | BLACKLINE INC | BL | 835,372 | $47.3M | 8.11% |
| 5 | PAYSIGN INC | PAYS | 5,421,737 | $39.0M | 6.69% |
| 6 | NUTEX HEALTH INC | NUTX | 309,131 | $38.5M | 6.60% |
| 7 | PRA GROUP INC | PRAA | 2,250,629 | $33.2M | 5.69% |
| 8 | SAPIENS INTL CORP N V | G7T16G103 | 1,037,075 | $30.3M | 5.20% |
| 9 | FRESHWORKS INC | FRSH | 1,933,213 | $28.8M | 4.94% |
| 10 | RUSH STREET INTERACTIVE INC | RSI | 1,807,124 | $26.9M | 4.61% |
| 11 | PERFORMANT HEALTHCARE INC | 71377E105 | 5,462,442 | $21.8M | 3.74% |
| 12 | CYTEK BIOSCIENCES INC | CTKB | 5,231,260 | $17.8M | 3.05% |
| 13 | UNIFIRST CORP MASS | UNF | 74,562 | $14.0M | 2.41% |
| 14 | CS DISCO INC | LAW | 2,965,268 | $13.0M | 2.22% |
| 15 | KORU MEDICAL SYSTEMS INC | KRMD | 3,608,347 | $12.9M | 2.21% |
| 16 | CLARITEV CORPORATION | CTEV | 243,935 | $11.0M | 1.89% |
| 17 | ACCESS NEWSWIRE INC | ACCS | 709,264 | $8.7M | 1.50% |
| 18 | OPTEX SYS HLDGS INC | 68384X209 | 691,256 | $7.9M | 1.36% |
| 19 | PAYSAFE LIMITED | PSFE | 620,000 | $7.8M | 1.34% |
| 20 | ENVELA CORP | ELA | 862,433 | $5.3M | 0.90% |
| 21 | MITEK SYS INC | MITK | 528,766 | $5.2M | 0.90% |
| 22 | JOINT CORP | JYNT | 449,204 | $5.2M | 0.89% |
| 23 | INTELLICHECK INC | IDN | 894,649 | $4.8M | 0.83% |
| 24 | WORKIVA INC | WK | 58,000 | $4.0M | 0.68% |
| 25 | CORECARD CORPORATION | 45816D100 | 128,894 | $3.7M | 0.64% |
| 26 | HERITAGE GLOBAL INC | HGBL | 1,678,507 | $3.7M | 0.64% |
| 27 | SENTINELONE INC | S | 175,269 | $3.2M | 0.55% |
| 28 | ILLUMINA INC | ILMN | 24,600 | $2.3M | 0.40% |
| 29 | EXPENSIFY INC | EXFY | 776,796 | $2.0M | 0.34% |
| 30 | NEPHROS INC | NEPH | 477,449 | $2.0M | 0.33% |
| 31 | DOCEBO INC | DCBO | 55,257 | $1.6M | 0.27% |
| 32 | NETSOL TECHNOLOGIES INC | NTWK | 467,750 | $1.5M | 0.25% |
| 33 | SILVACO GROUP INC | SVCO | 232,290 | $1.1M | 0.19% |
| 34 | SPIRIT AVIATION HLDGS INC | FLYYQ | 202,457 | $1.0M | 0.17% |
| 35 | FREIGHTOS LTD | CRGOW | 270,696 | $657,791 | 0.11% |
| 36 | CRYO-CELL INTL INC | 228895108 | 40,553 | $210,470 | 0.04% |
| 37 | INNOVAGE HLDG CORP | INNV | 43,378 | $160,065 | 0.03% |
| 38 | INMODE LTD | INMD | 11,047 | $159,519 | 0.03% |
| 39 | RESEARCH SOLUTIONS INC | RSSS | 43,629 | $125,215 | 0.02% |
| 40 | 1STDIBS COM INC | DIBS | 43,504 | $119,636 | 0.02% |
| 41 | BIOTE CORP | BTMD | 28,595 | $114,952 | 0.02% |
| 42 | GOLDEN MATRIX GROUP INC | NVGLF | 53,215 | $90,466 | 0.02% |