# KOPP INVESTMENT ADVISORS LLC

> Institutional holdings reported to the SEC as of Q3 2019 on Form 13F. CIK 884306. Source: https://holderbook.com/funds/884306-kopp-investment-advisors-llc/

- Reported value: $54.4M
- Positions: 45
- Weight of the ten largest: 56.3%
- Filed: 2019-11-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NEOGENOMICS INC | [NEO](https://holderbook.com/stocks/NEO/) | $4.0M | 207,781 | 7.3% | 4 |
| INSULET CORP | [PODD](https://holderbook.com/stocks/PODD/) | $3.9M | 23,934 | 7.3% | 4 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $3.8M | 34,263 | 6.9% | 4 |
| CYPRESS SEMICONDUCTOR CORP | [CY](https://holderbook.com/stocks/CY/) | $3.7M | 159,460 | 6.8% | 4 |
| VERICEL CORP | [VCEL](https://holderbook.com/stocks/VCEL/) | $3.0M | 198,445 | 5.5% | 4 |
| HORIZON THERAPEUTICS PUB L | [HZNP](https://holderbook.com/stocks/HZNP/) | $2.8M | 104,462 | 5.2% | 2 |
| UPLAND SOFTWARE INC | [UPLD](https://holderbook.com/stocks/UPLD/) | $2.5M | 70,535 | 4.5% | 4 |
| FIVE9 INC | [FIVN](https://holderbook.com/stocks/FIVN/) | $2.4M | 44,400 | 4.4% | 4 |
| CYBERARK SOFTWARE LTD | [CYBR](https://holderbook.com/stocks/CYBR/) | $2.3M | 23,044 | 4.2% | 4 |
| OMNICELL COM | [OMCL](https://holderbook.com/stocks/OMCL/) | $2.2M | 30,617 | 4.1% | 4 |
| ATRICURE INC | [ATRC](https://holderbook.com/stocks/ATRC/) | $2.2M | 87,809 | 4.0% | 4 |
| MAXLINEAR INC | [MXL](https://holderbook.com/stocks/MXL/) | $2.0M | 89,316 | 3.7% | 4 |
| SUPERNUS PHARMACEUTICALS | [SUPN](https://holderbook.com/stocks/SUPN/) | $1.4M | 49,462 | 2.5% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.2M | 4,150 | 2.3% | 4 |
| RTI SURGICAL HOLDINGS INC | [RTIX](https://holderbook.com/stocks/RTIX/) | $1.2M | 415,577 | 2.2% | 4 |
| COMMVAULT SYS INC | [CVLT](https://holderbook.com/stocks/CVLT/) | $1.2M | 25,962 | 2.1% | 4 |
| INTERSECT ENT INC | [XENT](https://holderbook.com/stocks/XENT/) | $1.1M | 67,390 | 2.1% | 4 |
| LIGAND PHARMACEUTICALS INC | [LGND](https://holderbook.com/stocks/LGND/) | $1.1M | 10,578 | 1.9% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.0M | 4,494 | 1.8% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $671.0K | 5,394 | 1.2% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $647.0K | 3,425 | 1.2% | 4 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $622.0K | 11,895 | 1.1% | 4 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $608.0K | 4,888 | 1.1% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $594.0K | 5,049 | 1.1% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $574.0K | 3,800 | 1.1% | 4 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $565.0K | 10,467 | 1.0% | 4 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $543.0K | 4,588 | 1.0% | 4 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $538.0K | 6,041 | 1.0% | 4 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $522.0K | 2,636 | 1.0% | 3 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $495.0K | 3,045 | 0.9% | 4 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $487.0K | 2,962 | 0.9% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $479.0K | 7,936 | 0.9% | 4 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $449.0K | 9,286 | 0.8% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $447.0K | 3,457 | 0.8% | 4 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $431.0K | 3,770 | 0.8% | 4 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $379.0K | 6,800 | 0.7% | 4 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $368.0K | 4,319 | 0.7% | 4 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $349.0K | 4,300 | 0.6% | 4 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $316.0K | 2,665 | 0.6% | 4 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $287.0K | 2,400 | 0.5% | 4 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $232.0K | 1,205 | 0.4% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $230.0K | 1,655 | 0.4% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $218.0K | 4,225 | 0.4% | 4 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $213.0K | 2,411 | 0.4% | 4 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $207.0K | 1,590 | 0.4% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2019 | -8.1% | +1.3% | -9.3% | 100% |
| Q2 2019 | -0.3% | +3.7% | -4.0% | 96% |
| Q1 2019 | +20.8% | +13.0% | +7.8% | 90% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2019 | $54.4M | 45 |
| Q2 2019 | $87.8M | 47 |
| Q1 2019 | $123.6M | 59 |
| Q4 2018 | $102.5M | 61 |