Kopion Asset Management provides portfolio management for individuals and small businesses.
Kopion Asset Management reports 14 clients. They include 9 individual clients and 5 high-net-worth individuals. Of its assets, 100.0% ($143M across 14 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 64% | 2% |
| High-net-worth individuals | 36% | 98% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 9 | $3.52M | 2.5% | $391K |
| High-net-worth individuals | 5 | $139M | 97.5% | $27.8M |
| Total | 14 | $143M | 100% | $10.2M |
- Clients
- 9
- Regulatory AUM
- $3.52M
- AUM share
- 2.5%
- Avg. per client
- $391K
- Clients
- 5
- Regulatory AUM
- $139M
- AUM share
- 97.5%
- Avg. per client
- $27.8M
Total
- Clients
- 14
- Regulatory AUM
- $143M
- AUM share
- 100%
- Avg. per client
- $10.2M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Kopion Asset Management charges 0.60%–1.25% a year for its Management Fee. Each asset band is charged at its own rate. The fee is billed in arrears, is not negotiable and requires an account of at least $125,000.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.25% |
| $1M–$10M | 0.80% |
| $10M and above | 0.60% |
Fee details and sources
Terry Ledbetter owns 75% or more of Kopion Asset Management. The leadership team of Kopion Asset Management includes President Terry Ledbetter. It has 2 employees.
Leadership
Terry LedbetterPresident, Secretary, & Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Kopion Asset Management, LLC
Terry Ledbetter
Control person · since August 2009
Kopion Asset Management’s regulatory assets went from $142M (January 2021) to $143M (February 2026); clients fell from 15 to 14 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $143M | 14 | 2 | 1 |
| February 2025 | $159M | 14 | 2 | 1 |
| January 2024 | $131M | 15 | 2 | 1 |
| January 2023 | $114M | 16 | 2 | 1 |
| January 2022 | $127M | 17 | 2 | 1 |
| January 2021 | $142M | 15 | 2 | 1 |
Besides its headquarters, Kopion Asset Management has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 400 W. Louisiana Street, McKinneyHQ
Contact and registration details
- Legal name
- Kopion Asset Management, LLC
- Headquarters
- 400 W. Louisiana Street, McKinney, TX 75069-4444
- Website
- kopion.com
- Phone
- 214-425-7027
- SEC file
- 801-118111
- Structure
- Texas LLC
- Fiscal year end
- December
Kopion Asset Management uses Charles Schwab ($159M) as custodian for its separately managed accounts. Kopion Asset Management does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $159M100%
At year end, Kopion Asset Management’s separately managed accounts were mostly in stocks (97%). Its reported 13F holdings for the quarter ended 30 June 2026 total $158M across 21 positions; the largest are Varonis Sys Inc. (10.1%), Nice Ltd (8.4%) and Trupanion Inc. (8.2%).
What the accounts hold
- Stocks97%
- Cash3%
Reported 13F holdings
- $158M
- Reported 13F value
- 21
- Positions
- 71.1%
- In the 10 largest
- +23.1%
- Value vs. prior quarter
- Varonis Sys Inc.10.1%
- Nice Ltd · Sponsored ADR8.4%
- Trupanion Inc.8.2%
- Magnite Inc.8.1%
- Certara Inc.7.7%
- Soundthinking Inc.6.4%
- Powerfleet Inc.5.9%
- Aci Worldwide Inc.5.7%
- Tennant CO5.5%
- Stratasys Ltd5.1%
Together, the ten largest are 71.1% of reported value.
How many clients does Kopion Asset Management have?
Kopion Asset Management has 14 clients and manages $143 million for them, as of February 2026. They include 9 individual clients and 5 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 February 2026
What services does Kopion Asset Management offer?
Kopion Asset Management provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Kopion Asset Management charge?
Kopion Asset Management charges 0.60%–1.25% a year for its Management Fee. Each asset band is charged at its own rate. The fee is billed in arrears, is not negotiable and requires an account of at least $125,000.
Which custodians does Kopion Asset Management use?
Kopion Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $159M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 February 2026
How many financial advisors does Kopion Asset Management have?
Kopion Asset Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Kopion Asset Management invest in?
At the end of its last fiscal year, Kopion Asset Management’s separately managed accounts held 97% exchange-traded equities and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Kopion Asset Management have a minimum investment?
Yes, Kopion Asset Management’s minimum account size for its Management Fee is $125K.
Who owns Kopion Asset Management?
Kopion Asset Management’s direct owner is Terry Ledbetter (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 6 February 2026
How does Kopion Asset Management get paid?
Kopion Asset Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Kopion Asset Management?
Kopion Asset Management’s main office is at 400 W. Louisiana Street, McKinney, TX 75069-4444. Its phone number is 214-425-7027. Its website is kopion.com.