Teton Advisors, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Teton Advisors, Inc. reported 171 stock positions worth $189.8 million. Its top holding was Ducommun (DCO) at 4.3% of the portfolio, followed by Nathan's Famous (NATH, 3.2%) and Distribution Solutions (DSGR, 2.7%). Compared with Q3 2024, it opened 1 new position, sold out of 12, added to 7 and reduced 105. The biggest buy was Movado (MOV, shares +69%) and the biggest sale Nathan's Famous (NATH, shares −31%).
- Most Recent 13F
- Q2 2025
- Location
- Rye, NY
- CIK
- 0001444874
- Portfolio Value
- $189.8M (Q4 2024)
- SEC Filing
- 0001140361-25-004331 ↗ filed Feb 13, 2025
Holdings Value
Holdings 171 stocks · $189.8M
| DCO Ducommun Inc. | 4.29% | 128,000 | $8.1M | Reduce -9.2% |
| NATH Nathan's Famous Inc. | 3.21% | 77,400 | $6.1M | Reduce -31.4% |
| DSGR Distribution Solutions Group | 2.75% | 151,591 | $5.2M | Reduce -10.6% |
| GENC Gencor Industries Inc. | 2.51% | 270,000 | $4.8M | Reduce -25.6% |
| EML The Eastern Co. | 2.43% | 173,460 | $4.6M | Reduce -24.0% |
| MYE Myers Industries Inc. | 2.32% | 399,000 | $4.4M | Reduce -3.9% |
| PKOH Park-Ohio Holdings Corp. | 2.24% | 162,000 | $4.3M | Reduce -6.0% |
| FSTR Foster (lb) Co. Class A | 2.21% | 156,037 | $4.2M | Reduce -4.2% |
| CTS CTS Corp. | 1.90% | 68,200 | $3.6M | Reduce -17.0% |
| ROCK Gibraltar Industries Inc. | 1.85% | 59,500 | $3.5M | Reduce -1.5% |
| FFIC Flushing Financial Corp. | 1.77% | 235,000 | $3.4M | Reduce -21.4% |
| LMNR Limoneira Co. | 1.74% | 135,000 | $3.3M | Reduce -6.4% |
| ASTE Astec Industries Inc. | 1.73% | 97,500 | $3.3M | Reduce -13.3% |
| GDEN Golden Entertainment Inc. | 1.69% | 101,500 | $3.2M | No change |
| KKR KKR & Co. Inc. | 1.62% | 20,800 | $3.1M | Reduce -26.5% |
| GHM Graham Corp. | 1.59% | 68,000 | $3.0M | Reduce -30.6% |
| RUSHB Rush Enterprises Inc. Class B | 1.50% | 52,400 | $2.9M | Reduce -15.1% |
| CCBG Capital City Bank Group Inc. | 1.46% | 75,500 | $2.8M | Reduce -2.6% |
| ATRO Astronics Corp. | 1.45% | 172,000 | $2.7M | Reduce -3.4% |
| AOUT American Outdoor Brands Inc. | 1.28% | 159,500 | $2.4M | Reduce -9.2% |
| MPX Marine Products Corp. | 1.20% | 248,000 | $2.3M | Reduce -1.6% |
| NEOG Neogen Corp. | 1.19% | 186,160 | $2.3M | No change |
| INSE Inspired Entertainment Inc. | 1.08% | 227,000 | $2.1M | Reduce -3.0% |
| CVGW Calavo Growers Inc. | 1.03% | 76,500 | $2.0M | Reduce -1.3% |
| RGCO RGC Resources Inc. | 1.01% | 95,130 | $1.9M | Add +0.8% |
| GRC Gorman-Rupp Co. | 0.98% | 49,000 | $1.9M | Reduce -18.3% |
| MCS Marcus Corporation | 0.96% | 84,800 | $1.8M | Reduce -20.8% |
| EXEL Exelixis Inc. | 0.95% | 54,000 | $1.8M | Reduce -4.8% |
| ALNT Allient Inc. | 0.93% | 72,500 | $1.8M | Reduce -21.6% |
| STEL Stellar Bancorp Inc. | 0.90% | 60,000 | $1.7M | Reduce -4.0% |
| UCTT Ultra Clean Holdings Inc. | 0.88% | 46,200 | $1.7M | Reduce -2.5% |
| VALU Value Line Inc. | 0.87% | 31,300 | $1.7M | Reduce -1.6% |
| INFU Infusystem Holdings Inc. | 0.85% | 192,000 | $1.6M | Reduce -1.5% |
| CMT Core Molding Technologies Inc. | 0.83% | 95,690 | $1.6M | Reduce -2.3% |
| ATEX Anterix Inc. | 0.82% | 51,000 | $1.6M | No change |
| IIIV I3 Verticals Inc. Class A | 0.81% | 66,791 | $1.5M | No change |
| UTI Universal Technical Institut | 0.81% | 59,800 | $1.5M | Reduce -15.4% |
| NVGS Navigator Holdings Ltd. | 0.78% | 97,000 | $1.5M | Reduce -1.0% |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 0.72% | 32,000 | $1.4M | No change |
| LEGH Legacy Housing Corp. | 0.72% | 55,000 | $1.4M | Reduce -11.3% |
| TRC Tejon Ranch Co. | 0.71% | 85,000 | $1.4M | Reduce -1.3% |
| CWST Casella Waste Systems Inc. Class A | 0.67% | 12,000 | $1.3M | Reduce -20.0% |
| MITK Mitek Systems Inc. | 0.65% | 111,500 | $1.2M | Reduce -9.3% |
| TITN Titan Machinery Inc. | 0.64% | 86,300 | $1.2M | No change |
| CMCO Columbus McKinnon Corp. | 0.64% | 32,500 | $1.2M | Reduce -5.0% |
| YORW York Water Co. filed as YORK WTR CO | 0.63% | 36,660 | $1.2M | No change |
| TWIN Twin Disc Inc. | 0.62% | 100,500 | $1.2M | Reduce -2.4% |
| FLWS 1-800-Flowers.com Inc. Class A | 0.61% | 141,000 | $1.2M | Reduce -1.4% |
| SAMG Silvercrest Asset Manageme-A | 0.58% | 59,400 | $1.1M | Reduce -8.6% |
| MIDD Middleby Corp. | 0.57% | 8,020 | $1.1M | Reduce -15.8% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.56% | 35,000 | $1.1M | Reduce -2.5% |
| FSBW FS Bancorp Inc. | 0.56% | 26,000 | $1.1M | Reduce -19.0% |
| TSQ Townsquare Media Inc. Class A | 0.56% | 117,000 | $1.1M | No change |
| VPG Vishay Precision Group | 0.56% | 45,012 | $1.1M | Reduce -10.0% |
| FNB FNB Corp. | 0.55% | 71,000 | $1.0M | No change |
| WASH Washington Trust Bancorp | 0.55% | 33,280 | $1.0M | Reduce -13.4% |
| MYRG MYR Group Inc./Delaware | 0.55% | 7,000 | $1.0M | No change |
| ELMD Electromed Inc. | 0.55% | 35,142 | $1.0M | Reduce -5.4% |
| ZIMV Zimvie Inc. | 0.54% | 74,000 | $1.0M | Add +17.5% |
| SMP Standard Motor Prods | 0.54% | 33,200 | $1.0M | No change |
| ARTNA Artesian Resources Corp. Class A | 0.52% | 31,320 | $990K | Reduce -1.6% |
| BRBR Bellring Brands Inc. | 0.52% | 13,000 | $979K | Reduce -13.3% |
| SKYT Skywater Technology Inc. | 0.51% | 70,484 | $973K | Reduce -15.5% |
| VLGEA Village Super Market Class A | 0.51% | 30,500 | $973K | Reduce -4.1% |
| MOV Movado Group Inc. | 0.51% | 49,100 | $966K | Add +68.7% |
| CWCO Consolidated Water Co.-Ord SH | 0.50% | 37,000 | $958K | Reduce -4.9% |
| CWT California Water Service Grp | 0.50% | 21,000 | $952K | Reduce -1.4% |
| LCUT Lifetime Brands Inc. | 0.50% | 159,000 | $940K | Reduce -13.6% |
| WGO Winnebago Industries | 0.49% | 19,500 | $932K | Reduce -2.5% |
| TG Tredegar Corp. | 0.49% | 121,000 | $929K | Add +10.3% |
| MSA Msa Safety Inc. | 0.49% | 5,600 | $928K | No change |
| RNST Renasant Corp. | 0.48% | 25,530 | $913K | Reduce -13.6% |
| AUB Atlantic Union Bankshares Co. | 0.47% | 23,400 | $886K | Reduce -10.0% |
| NEO Neogenomics Inc. | 0.46% | 53,100 | $875K | Reduce -3.6% |
| SFST Southern First Bancshares | 0.46% | 22,000 | $875K | Reduce -21.4% |
| PKE Park Aerospace Corp. | 0.45% | 58,400 | $856K | No change |
| ULBI Ultralife Corp. | 0.44% | 111,000 | $827K | No change |
| TNC Tennant Co. | 0.43% | 9,900 | $807K | Reduce -11.6% |
| WSBF Waterstone Financial Inc. | 0.42% | 60,000 | $806K | Reduce -4.8% |
| ARLO Arlo Technologies Inc. | 0.42% | 72,000 | $806K | Reduce -10.0% |
| IA Innovative Solutions & Supp | 0.41% | 92,000 | $786K | Reduce -4.7% |
| HWKN Hawkins Inc. | 0.41% | 6,400 | $785K | Reduce -39.0% |
| GTN Gray Media Inc. filed as GRAY TELEVISION INC | 0.41% | 248,240 | $782K | No change |
| IMAX Imax Corp. | 0.40% | 30,000 | $768K | No change |
| LGTY Logility Supply Chain Soluti | 0.40% | 69,000 | $765K | Reduce -20.7% |
| ODC Oil-Dri Corp. of America | 0.40% | 8,700 | $762K | Reduce -14.7% |
| WLDN Willdan Group Inc. | 0.40% | 20,000 | $762K | Reduce -37.5% |
| WNC Wabash National Corp. | 0.40% | 43,800 | $750K | Reduce -2.5% |
| MFIN Medallion Financial Corp. | 0.39% | 78,000 | $732K | Reduce -8.2% |
| INBK First Internet Bancorp | 0.38% | 20,000 | $720K | No change |
| GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED | 0.37% | 50,000 | $704K | Reduce -21.9% |
| FSS Federal Signal Corp. | 0.37% | 7,500 | $693K | Reduce -34.8% |
| ARKO Arko Corp. | 0.36% | 105,000 | $692K | Add +5.0% |
| BMI Badger Meter Inc. | 0.36% | 3,250 | $689K | Reduce -13.3% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 0.35% | 300,000 | $663K | Reduce -3.2% |
| ATEN A10 Networks Inc. | 0.35% | 36,000 | $662K | No change |
| IVAC Intevac Inc. | 0.35% | 193,000 | $656K | Reduce -33.7% |
| FARM Farmer Bros Co. | 0.35% | 363,809 | $655K | Reduce -14.3% |
| GTN.A Gray Media Inc. Class A filed as GRAY TELEVISION INC | 0.33% | 87,000 | $634K | No change |
| RDIB Reading International Inc. Class B | 0.33% | 74,530 | $634K | No change |
Other holdings (19): bonds, preferreds, convertibles and warrants · $5.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 500,000 | $522K | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 400,000 | $470K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 528,000 | $389K | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 350,000 | $387K | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 400,000 | $378K | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 300,000 | $367K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 300,000 | $324K | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 5,000 | $314K | No change |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 200,000 | $278K | Reduce -20.0% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 200,000 | $252K | No change |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 3,500 | $247K | Reduce -22.2% |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 250,000 | $245K | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 200,000 | $221K | New |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 300,000 | $215K | No change |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 4,300 | $214K | New |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 200,000 | $195K | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 250,000 | $193K | No change |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 200,000 | $79K | Reduce -33.3% |
| AP.WS Ampco-Pittsburgh Corp. -CW25 | *W EXP 08/01/202 | 47,000 | $4K | No change |
Total filed on the 13F, all lines: $195.1M.
Portfolio Sells Q3 2024 → Q4 2024
| NATH Nathan's Famous Inc. | Reduce -31.4% | 3.21% | −0.99 |
| EML The Eastern Co. | Reduce -24.0% | 2.43% | −0.97 |
| GENC Gencor Industries Inc. | Reduce -25.6% | 2.51% | −0.97 |
| CLFD Clearfield Inc. | Sold out | 0.00% | −0.36 |
| SKY Champion Homes Inc. | Reduce -63.6% | 0.20% | −0.31 |
| MYE Myers Industries Inc. | Reduce -3.9% | 2.32% | −0.31 |
| DSGR Distribution Solutions Group | Reduce -10.6% | 2.75% | −0.25 |
| FFIC Flushing Financial Corp. | Reduce -21.4% | 1.77% | −0.23 |
| HWKN Hawkins Inc. | Reduce -39.0% | 0.41% | −0.20 |
| WLDN Willdan Group Inc. | Reduce -37.5% | 0.40% | −0.20 |
| SXI Standex International Corp. | Reduce -59.1% | 0.18% | −0.19 |
| PKOH Park-Ohio Holdings Corp. | Reduce -6.0% | 2.24% | −0.19 |
| TKO Tko Group Holdings Inc. | Reduce -61.5% | 0.19% | −0.18 |
| DAKT Daktronics Inc. | Reduce -74.5% | 0.10% | −0.16 |
| HRI Herc Holdings Inc. | Sold out | 0.00% | −0.15 |
| ATRO Astronics Corp. | Reduce -3.4% | 1.45% | −0.15 |
| BSVN BANK7 Corp. | Sold out | 0.00% | −0.14 |
| FSS Federal Signal Corp. | Reduce -34.8% | 0.37% | −0.13 |
| UG United Guardian Inc. | Reduce -1.1% | 0.27% | −0.13 |
| STE Steris PLC | Sold out | 0.00% | −0.12 |
| SRI Stoneridge Inc. | Reduce -20.8% | 0.13% | −0.12 |
| CZR Caesars Entertainment Inc. | Reduce -34.2% | 0.18% | −0.12 |
| CDNA Caredx Inc. | Sold out | 0.00% | −0.11 |
| IVAC Intevac Inc. | Reduce -33.7% | 0.35% | −0.11 |
| UTL Unitil Corp. | Sold out | 0.00% | −0.10 |
| GRC Gorman-Rupp Co. | Reduce -18.3% | 0.98% | −0.09 |
| FSBW FS Bancorp Inc. | Reduce -19.0% | 0.56% | −0.09 |
| ROCK Gibraltar Industries Inc. | Reduce -1.5% | 1.85% | −0.09 |
| KKR KKR & Co. Inc. | Reduce -26.5% | 1.62% | −0.08 |
| AGS Playags Inc. | Sold out | 0.00% | −0.08 |
| TNC Tennant Co. | Reduce -11.6% | 0.43% | −0.07 |
| LEGH Legacy Housing Corp. | Reduce -11.3% | 0.72% | −0.06 |
| LCUT Lifetime Brands Inc. | Reduce -13.6% | 0.50% | −0.06 |
| CVGI Commercial Vehicle Group Inc. | Reduce -32.4% | 0.07% | −0.05 |
| AZZ Azz Inc. | Reduce -23.9% | 0.30% | −0.05 |
| LGTY Logility Supply Chain Soluti | Reduce -20.7% | 0.40% | −0.04 |
| WGO Winnebago Industries | Reduce -2.5% | 0.49% | −0.04 |
| FARM Farmer Bros Co. | Reduce -14.3% | 0.35% | −0.04 |
| VPG Vishay Precision Group | Reduce -10.0% | 0.56% | −0.04 |
| MIDD Middleby Corp. | Reduce -15.8% | 0.57% | −0.04 |
| CWT California Water Service Grp | Reduce -1.4% | 0.50% | −0.03 |
| LE Lands' End Inc. | Reduce -2.1% | 0.16% | −0.03 |
| ARTNA Artesian Resources Corp. Class A | Reduce -1.6% | 0.52% | −0.02 |
| GLATFELTER CORP | Sold out | 0.00% | −0.02 |
| ARLO Arlo Technologies Inc. | Reduce -10.0% | 0.42% | −0.02 |
| VATE Innovate Corp. | Sold out | 0.00% | −0.02 |
| WASH Washington Trust Bancorp | Reduce -13.4% | 0.55% | −0.02 |
| RDI Reading International Inc. Class A | Reduce -5.9% | 0.12% | −0.02 |
| CWST Casella Waste Systems Inc. Class A | Reduce -20.0% | 0.67% | −0.02 |
| LMNR Limoneira Co. | Reduce -6.4% | 1.74% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| MOV Movado Group Inc. | Add +68.7% | 0.51% | +0.26 |
| TG Tredegar Corp. | Add +10.3% | 0.49% | +0.12 |
| ZIMV Zimvie Inc. | Add +17.5% | 0.54% | +0.08 |
| SPLP Steel Partners Holdings LP | Add +4.0% | 0.29% | +0.06 |
| SSYS Stratasys Ltd. | New | 0.05% | +0.05 |
| ARKO Arko Corp. | Add +5.0% | 0.36% | +0.04 |
| NAGE Niagen Bioscience Inc. | Add +25.0% | 0.07% | +0.04 |
| RGCO RGC Resources Inc. | Add +0.8% | 1.01% | +0.03 |
Notes & Other Activity Q3 2024 → Q4 2024
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | Sold out | 400,000 | $401Kbefore exit |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | Sold out | 261,000 | $295Kbefore exit |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | Sold out | 275,000 | $291Kbefore exit |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Reduce -20.0% | 200,000 | $278K |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Reduce -22.2% | 3,500 | $247K |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | Sold out | 250,000 | $236Kbefore exit |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Sold out | 200,000 | $232Kbefore exit |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | New | 200,000 | $221K |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | New | 4,300 | $214K |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | New | 200,000 | $195K |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | Reduce -33.3% | 200,000 | $79K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2025 | 160 | $157.8M | DCO, NATH, MYE, ATRO, GENC |
| Q1 2025 | 165 | $154.7M | DCO, NATH, MYE, ATRO, EML |
| Q4 2024 | 171 | $189.8M | DCO, NATH, DSGR, GENC, EML |
| Q3 2024 | 182 | $217.7M | DCO, NATH, GENC, EML, DSGR |
| Q2 2024 | 192 | $232.0M | NATH, DCO, GENC, EML, MYE |
| Q1 2024 | 201 | $274.5M | NATH, MYE, EML, DCO, GENC |