COPELAND CAPITAL MANAGEMENT, LLC

PrivateCIK: 1541743

Location

CONSHOHOCKEN, PA

305

Positions

$4.34B

Total AUM (reported)

55.45M

Total Shares

Allocation by class

COM$4.32B99.5%

ADR$21.13M0.5%

ETF$2.16M0.0%

Portfolio Concentration

Top 3$262.66M6.1%

4–10$508.52M11.7%

11–25$908.42M20.9%

Rest$2.66B61.3%

Top 3 weight

6.1%

Top 10 weight

17.8%

Voting Authority Distribution

Total shares with voting rights: 55.45M

Sole

Full voting authority

35.49M

% of voting shares64.0%

Shared

Joint voting authority

9.95M

% of voting shares17.9%

None

No voting authority

10.01M

% of voting shares18.1%

Investment Discretion (by position count)

Sole290

Shared0

Other15

Dominant voting typeSole · 64.0% of voting shares

Institutional Holdings305

Rows:

ENSIGN GROUP INC

SOLE

COM

Shares554.21K

TypeSH

Market value$95.32M

2.20%

Sole

363.81K

Shared

77.29K

None

113.11K

ENCOMPASS HEALTH CORP

SOLE

COM

Shares713.68K

TypeSH

Market value$86.70M

2.00%

Sole

433.27K

Shared

158.25K

None

122.16K

U S PHYSICAL THERAPY

SOLE

COM

Shares940.53K

TypeSH

Market value$80.63M

1.86%

Sole

612.65K

Shared

150.70K

None

177.18K

LEMAITRE VASCULAR INC

SOLE

COM

Shares924.08K

TypeSH

Market value$76.32M

1.76%

Sole

593.78K

Shared

163.02K

None

167.28K

PRICESMART INC

SOLE

COM

Shares450.89K

TypeSH

Market value$76.25M

1.76%

Sole

292.01K

Shared

73.34K

None

85.54K

CHEMED CORP NEW

SOLE

COM

Shares146.83K

TypeSH

Market value$74.16M

1.71%

Sole

95.94K

Shared

22.77K

None

28.12K

NAPCO SEC TECHNOLOGIES INC

SOLE

COM

Shares2.08M

TypeSH

Market value$74.14M

1.71%

Sole

1.36M

Shared

310.87K

None

410.48K

CLEAR SECURE INC COM CL A

SOLE

COM

Shares1.76M

TypeSH

Market value$73.88M

1.70%

Sole

1.14M

Shared

280.71K

None

336.49K

HOME BANCSHARES INC

SOLE

COM

Shares2.38M

TypeSH

Market value$67.09M

1.55%

Sole

1.53M

Shared

397.23K

None

451.08K

LITTELFUSE INC

SOLE

COM

Shares157.37K

TypeSH

Market value$66.68M

1.54%

Sole

100.18K

Shared

29.03K

None

28.16K

PERDOCEO ED CORP

SOLE

COM

Shares2.11M

TypeSH

Market value$65.23M

1.50%

Sole

1.36M

Shared

367.74K

None

382.74K

HAMILTON LANE INC CL A

SOLE

COM

Shares741.68K

TypeSH

Market value$64.42M

1.48%

Sole

482.78K

Shared

118.78K

None

140.12K

MORNINGSTAR INC

SOLE

COM

Shares333.59K

TypeSH

Market value$63.39M

1.46%

Sole

216.42K

Shared

54.84K

None

62.32K

MATADOR RES CO

SOLE

COM

Shares1.21M

TypeSH

Market value$62.44M

1.44%

Sole

773.78K

Shared

205.07K

None

231.71K

KULICKE & SOFFA INDS INC

SOLE

COM

Shares661.14K

TypeSH

Market value$62.31M

1.44%

Sole

415.80K

Shared

128.85K

None

116.49K

EXCELERATE ENERGY INC CL A COM

SOLE

COM

Shares1.92M

TypeSH

Market value$61.79M

1.42%

Sole

1.26M

Shared

299.71K

None

365.05K

CARETRUST REIT INC

SOLE

COM

Shares1.65M

TypeSH

Market value$60.50M

1.39%

Sole

1.05M

Shared

302.68K

None

299.53K

VALMONT INDS INC

SOLE

COM

Shares129.71K

TypeSH

Market value$60.05M

1.38%

Sole

81.92K

Shared

26.24K

None

21.55K

PEGASYSTEMS INC

SOLE

COM

Shares1.78M

TypeSH

Market value$59.16M

1.36%

Sole

1.14M

Shared

318.41K

None

320.84K

AAON INC

SOLE

COM

Shares710.18K

TypeSH

Market value$58.77M

1.35%

Sole

467.89K

Shared

110.72K

None

131.57K

TRAVEL PLUS LEISURE CO

SOLE

COM

Shares944.05K

TypeSH

Market value$58.41M

1.35%

Sole

602.64K

Shared

169.58K

None

171.83K

FIRSTCASH HOLDINGS INC

SOLE

COM

Shares276.43K

TypeSH

Market value$58.39M

1.35%

Sole

177.49K

Shared

48.89K

None

50.05K

TERRENO RLTY CORP

SOLE

COM

Shares900K

TypeSH

Market value$58.10M

1.34%

Sole

566.05K

Shared

172.66K

None

161.30K

GARRETT MOTION INC

SOLE

COM

Shares2.23M

TypeSH

Market value$57.99M

1.34%

Sole

1.45M

Shared

354.52K

None

423.38K

LANDSTAR SYS INC

SOLE

COM

Shares340.74K

TypeSH

Market value$57.46M

1.32%

Sole

218.20K

Shared

61K

None

61.55K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
ENSIGN GROUP INCSOLE	COM	554.21K	SH	$95.32M 2.20%	363.81K	77.29K	113.11K
ENCOMPASS HEALTH CORPSOLE	COM	713.68K	SH	$86.70M 2.00%	433.27K	158.25K	122.16K
U S PHYSICAL THERAPYSOLE	COM	940.53K	SH	$80.63M 1.86%	612.65K	150.70K	177.18K
LEMAITRE VASCULAR INCSOLE	COM	924.08K	SH	$76.32M 1.76%	593.78K	163.02K	167.28K
PRICESMART INCSOLE	COM	450.89K	SH	$76.25M 1.76%	292.01K	73.34K	85.54K
CHEMED CORP NEWSOLE	COM	146.83K	SH	$74.16M 1.71%	95.94K	22.77K	28.12K
NAPCO SEC TECHNOLOGIES INCSOLE	COM	2.08M	SH	$74.14M 1.71%	1.36M	310.87K	410.48K
CLEAR SECURE INC COM CL ASOLE	COM	1.76M	SH	$73.88M 1.70%	1.14M	280.71K	336.49K
HOME BANCSHARES INCSOLE	COM	2.38M	SH	$67.09M 1.55%	1.53M	397.23K	451.08K
LITTELFUSE INCSOLE	COM	157.37K	SH	$66.68M 1.54%	100.18K	29.03K	28.16K
PERDOCEO ED CORPSOLE	COM	2.11M	SH	$65.23M 1.50%	1.36M	367.74K	382.74K
HAMILTON LANE INC CL ASOLE	COM	741.68K	SH	$64.42M 1.48%	482.78K	118.78K	140.12K
MORNINGSTAR INCSOLE	COM	333.59K	SH	$63.39M 1.46%	216.42K	54.84K	62.32K
MATADOR RES COSOLE	COM	1.21M	SH	$62.44M 1.44%	773.78K	205.07K	231.71K
KULICKE & SOFFA INDS INCSOLE	COM	661.14K	SH	$62.31M 1.44%	415.80K	128.85K	116.49K
EXCELERATE ENERGY INC CL A COMSOLE	COM	1.92M	SH	$61.79M 1.42%	1.26M	299.71K	365.05K
CARETRUST REIT INCSOLE	COM	1.65M	SH	$60.50M 1.39%	1.05M	302.68K	299.53K
VALMONT INDS INCSOLE	COM	129.71K	SH	$60.05M 1.38%	81.92K	26.24K	21.55K
PEGASYSTEMS INCSOLE	COM	1.78M	SH	$59.16M 1.36%	1.14M	318.41K	320.84K
AAON INCSOLE	COM	710.18K	SH	$58.77M 1.35%	467.89K	110.72K	131.57K
TRAVEL PLUS LEISURE COSOLE	COM	944.05K	SH	$58.41M 1.35%	602.64K	169.58K	171.83K
FIRSTCASH HOLDINGS INCSOLE	COM	276.43K	SH	$58.39M 1.35%	177.49K	48.89K	50.05K
TERRENO RLTY CORPSOLE	COM	900K	SH	$58.10M 1.34%	566.05K	172.66K	161.30K
GARRETT MOTION INCSOLE	COM	2.23M	SH	$57.99M 1.34%	1.45M	354.52K	423.38K
LANDSTAR SYS INCSOLE	COM	340.74K	SH	$57.46M 1.32%	218.20K	61K	61.55K

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