Topline Capital Management, LLC Diversified Active

CIK: 0001792549 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $583,473 (100.0% shares, 0.0% debt)

Holdings (42)

CGNT COGNYTE SOFTWARE LTD 11.1%

Value ($000) $64,932 Shares 7,027,290 Est. Cost $7.55 Unrealized +30.3%

NRDS NERDWALLET INC 9.9%

Value ($000) $57,605 Shares 5,251,145 Est. Cost $13.34 Unrealized -24.8%

GDOT GREEN DOT CORP 9.2%

Value ($000) $53,526 Shares 4,965,286 Est. Cost $10.90 Unrealized -17.1%

BL BLACKLINE INC 8.1%

Value ($000) $47,299 Shares 835,372 Est. Cost $59.63 Unrealized -13.4%

PAYS PAYSIGN INC 6.7%

Value ($000) $39,037 Shares 5,421,737 Est. Cost $3.51 Unrealized +2.1%

NUTX NUTEX HEALTH INC 6.6%

Value ($000) $38,484 Shares 309,131 Est. Cost $70.65 Unrealized +82.8%

PRAA PRA GROUP INC 5.7%

Value ($000) $33,197 Shares 2,250,629 Est. Cost $17.90 Unrealized -11.0%

— SAPIENS INTL CORP N V 5.2%

Value ($000) $30,334 Shares 1,037,075 Est. Cost $27.09 Unrealized —

FRSH FRESHWORKS INC 4.9%

Value ($000) $28,824 Shares 1,933,213 Est. Cost $14.25 Unrealized +1.1%

RSI RUSH STREET INTERACTIVE INC 4.6%

Value ($000) $26,926 Shares 1,807,124 Est. Cost $12.39 Unrealized +0.2%

— PERFORMANT HEALTHCARE INC 3.7%

Value ($000) $21,850 Shares 5,462,442 Est. Cost $3.02 Unrealized —

CTKB CYTEK BIOSCIENCES INC 3.0%

Value ($000) $17,786 Shares 5,231,260 Est. Cost $3.89 Unrealized -14.3%

UNF UNIFIRST CORP MASS 2.4%

Value ($000) $14,034 Shares 74,562 Est. Cost $192.38 Unrealized -6.2%

LAW CS DISCO INC 2.2%

Value ($000) $12,958 Shares 2,965,268 Est. Cost $5.05 Unrealized -22.5%

KRMD KORU MEDICAL SYSTEMS INC 2.2%

Value ($000) $12,918 Shares 3,608,347 Est. Cost $3.25 Unrealized -12.5%

CTEV CLARITEV CORPORATION 1.9%

Value ($000) $11,009 Shares 243,935 Est. Cost $8.83 Unrealized +225.8%

ACCS ACCESS NEWSWIRE INC 1.5%

Value ($000) $8,724 Shares 709,264 Est. Cost $9.93 Unrealized -3.1%

OPXS OPTEX SYS HLDGS INC 1.4%

Value ($000) $7,943 Shares 691,256 Est. Cost $8.39 Unrealized -7.2%

PSFE PAYSAFE LIMITED 1.3%

Value ($000) $7,824 Shares 620,000 Est. Cost $20.25 Unrealized -32.5%

ELA ENVELA CORP 0.9%

Value ($000) $5,278 Shares 862,433 Est. Cost $6.21 Unrealized -0.2%

MITK MITEK SYS INC 0.9%

Value ($000) $5,235 Shares 528,766 Est. Cost $8.98 Unrealized 0.0%

JYNT JOINT CORP 0.9%

Value ($000) $5,184 Shares 449,204 Est. Cost $11.11 Unrealized -3.7%

IDN INTELLICHECK INC 0.8%

Value ($000) $4,822 Shares 894,649 Est. Cost $2.52 Unrealized +51.9%

WK WORKIVA INC 0.7%

Value ($000) $3,970 Shares 58,000 Est. Cost $68.78 Unrealized 0.0%

— CORECARD CORPORATION 0.6%

Value ($000) $3,734 Shares 128,894 Est. Cost $22.70 Unrealized —

HGBL HERITAGE GLOBAL INC 0.6%

Value ($000) $3,726 Shares 1,678,507 Est. Cost $1.69 Unrealized +24.1%

S SENTINELONE INC 0.5%

Value ($000) $3,204 Shares 175,269 Est. Cost $18.29 Unrealized 0.0%

ILMN ILLUMINA INC 0.4%

Value ($000) $2,347 Shares 24,600 Est. Cost $108.24 Unrealized -25.0%

EXFY EXPENSIFY INC 0.3%

Value ($000) $2,012 Shares 776,796 Est. Cost $2.71 Unrealized -5.6%

NEPH NEPHROS INC 0.3%

Value ($000) $1,953 Shares 477,449 Est. Cost $1.65 Unrealized +60.6%

DCBO DOCEBO INC 0.3%

Value ($000) $1,599 Shares 55,257 Est. Cost $28.36 Unrealized 0.0%

NTWK NETSOL TECHNOLOGIES INC 0.2%

Value ($000) $1,455 Shares 467,750 Est. Cost $2.87 Unrealized -8.3%

SVCO SILVACO GROUP INC 0.2%

Value ($000) $1,096 Shares 232,290 Est. Cost $4.73 Unrealized 0.0%

FLYYQ SPIRIT AVIATION HLDGS INC 0.2%

Value ($000) $1,010 Shares 202,457 Est. Cost $5.90 Unrealized 0.0%

CRGO FREIGHTOS LTD 0.1%

Value ($000) $658 Shares 270,696 Est. Cost $2.22 Unrealized 0.0%

CCEL CRYO-CELL INTL INC 0.0%

Value ($000) $210 Shares 40,553 Est. Cost $7.00 Unrealized -25.9%

INNV INNOVAGE HLDG CORP 0.0%

Value ($000) $160 Shares 43,378 Est. Cost $4.90 Unrealized -28.5%

INMD INMODE LTD 0.0%

Value ($000) $160 Shares 11,047 Est. Cost $14.67 Unrealized 0.0%

RSSS RESEARCH SOLUTIONS INC 0.0%

Value ($000) $125 Shares 43,629 Est. Cost $2.74 Unrealized 0.0%

DIBS 1STDIBS COM INC 0.0%

Value ($000) $120 Shares 43,504 Est. Cost $2.59 Unrealized 0.0%

BTMD BIOTE CORP 0.0%

Value ($000) $115 Shares 28,595 Est. Cost $3.69 Unrealized 0.0%

GMGI GOLDEN MATRIX GROUP INC 0.0%

Value ($000) $90 Shares 53,215 Est. Cost $1.81 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CGNT	COGNYTE SOFTWARE LTD	7,027,290	$64,932	11.1%	$7.55	+30.3%	ORD SHS	M25133105
NRDS	NERDWALLET INC	5,251,145	$57,605	9.9%	$13.34	-24.8%	COM CL A	64082B102
GDOT	GREEN DOT CORP	4,965,286	$53,526	9.2%	$10.90	-17.1%	CL A	39304D102
BL	BLACKLINE INC	835,372	$47,299	8.1%	$59.63	-13.4%	COM	09239B109
PAYS	PAYSIGN INC	5,421,737	$39,037	6.7%	$3.51	+2.1%	COM	70451A104
NUTX	NUTEX HEALTH INC	309,131	$38,484	6.6%	$70.65	+82.8%	COM	67079U306
PRAA	PRA GROUP INC	2,250,629	$33,197	5.7%	$17.90	-11.0%	COM	69354N106
—	SAPIENS INTL CORP N V	1,037,075	$30,334	5.2%	$27.09	—	SHS	G7T16G103
FRSH	FRESHWORKS INC	1,933,213	$28,824	4.9%	$14.25	+1.1%	CLASS A COM	358054104
RSI	RUSH STREET INTERACTIVE INC	1,807,124	$26,926	4.6%	$12.39	+0.2%	COM	782011100
—	PERFORMANT HEALTHCARE INC	5,462,442	$21,850	3.7%	$3.02	—	COM	71377E105
CTKB	CYTEK BIOSCIENCES INC	5,231,260	$17,786	3.0%	$3.89	-14.3%	COM	23285D109
UNF	UNIFIRST CORP MASS	74,562	$14,034	2.4%	$192.38	-6.2%	COM	904708104
LAW	CS DISCO INC	2,965,268	$12,958	2.2%	$5.05	-22.5%	COM	126327105
KRMD	KORU MEDICAL SYSTEMS INC	3,608,347	$12,918	2.2%	$3.25	-12.5%	COM	759910102
CTEV	CLARITEV CORPORATION	243,935	$11,009	1.9%	$8.83	+225.8%	CL A NEW	62548M209
ACCS	ACCESS NEWSWIRE INC	709,264	$8,724	1.5%	$9.93	-3.1%	COM NEW	46520M204
OPXS	OPTEX SYS HLDGS INC	691,256	$7,943	1.4%	$8.39	-7.2%	COM NEW	68384X209
PSFE	PAYSAFE LIMITED	620,000	$7,824	1.3%	$20.25	-32.5%	SHS	G6964L206
ELA	ENVELA CORP	862,433	$5,278	0.9%	$6.21	-0.2%	COM	29402E102
MITK	MITEK SYS INC	528,766	$5,235	0.9%	$8.98	0.0%	COM NEW	606710200
JYNT	JOINT CORP	449,204	$5,184	0.9%	$11.11	-3.7%	COM	47973J102
IDN	INTELLICHECK INC	894,649	$4,822	0.8%	$2.52	+51.9%	COM NEW	45817G201
WK	WORKIVA INC	58,000	$3,970	0.7%	$68.78	0.0%	COM CL A	98139A105
—	CORECARD CORPORATION	128,894	$3,734	0.6%	$22.70	—	COM	45816D100
HGBL	HERITAGE GLOBAL INC	1,678,507	$3,726	0.6%	$1.69	+24.1%	COM	42727E103
S	SENTINELONE INC	175,269	$3,204	0.5%	$18.29	0.0%	CL A	81730H109
ILMN	ILLUMINA INC	24,600	$2,347	0.4%	$108.24	-25.0%	COM	452327109
EXFY	EXPENSIFY INC	776,796	$2,012	0.3%	$2.71	-5.6%	COM CL A	30219Q106
NEPH	NEPHROS INC	477,449	$1,953	0.3%	$1.65	+60.6%	COM	640671400
DCBO	DOCEBO INC	55,257	$1,599	0.3%	$28.36	0.0%	COM	25609L105
NTWK	NETSOL TECHNOLOGIES INC	467,750	$1,455	0.2%	$2.87	-8.3%	COM PAR $.001	64115A402
SVCO	SILVACO GROUP INC	232,290	$1,096	0.2%	$4.73	0.0%	COM	82728C102
FLYYQ	SPIRIT AVIATION HLDGS INC	202,457	$1,010	0.2%	$5.90	0.0%	COM	84863V101
CRGO	FREIGHTOS LTD	270,696	$658	0.1%	$2.22	0.0%	ORD SHS	G51405101
CCEL	CRYO-CELL INTL INC	40,553	$210	0.0%	$7.00	-25.9%	COM	228895108
INNV	INNOVAGE HLDG CORP	43,378	$160	0.0%	$4.90	-28.5%	COM	45784A104
INMD	INMODE LTD	11,047	$160	0.0%	$14.67	0.0%	SHS	M5425M103
RSSS	RESEARCH SOLUTIONS INC	43,629	$125	0.0%	$2.74	0.0%	COM	761025105
DIBS	1STDIBS COM INC	43,504	$120	0.0%	$2.59	0.0%	COM	320551104
BTMD	BIOTE CORP	28,595	$115	0.0%	$3.69	0.0%	CLASS A COM	090683103
GMGI	GOLDEN MATRIX GROUP INC	53,215	$90	0.0%	$1.81	0.0%	COM	381098300