Teton Advisors, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Teton Advisors, Inc. reported 165 stock positions worth $154.7 million. Its top holding was Ducommun (DCO) at 4.1% of the portfolio, followed by Nathan's Famous (NATH, 4.0%) and Myers Industries (MYE, 2.7%). Compared with Q4 2024, it opened 3 new positions, sold out of 9, added to 6 and reduced 95. The biggest buy was Innovative Solutions & Supp (IA, shares +49%) and the biggest sale Graham (GHM, shares −35%).
- Most Recent 13F
- Q2 2025
- Location
- Rye, NY
- CIK
- 0001444874
- Portfolio Value
- $154.7M (Q1 2025)
- SEC Filing
- 0001140361-25-018988 ↗ filed May 14, 2025
Holdings Value
Holdings 165 stocks · $154.7M
| DCO Ducommun Inc. | 4.13% | 110,200 | $6.4M | Reduce -13.9% |
| NATH Nathan's Famous Inc. | 3.96% | 63,500 | $6.1M | Reduce -18.0% |
| MYE Myers Industries Inc. | 2.68% | 347,500 | $4.1M | Reduce -12.9% |
| ATRO Astronics Corp. | 2.45% | 157,000 | $3.8M | Reduce -8.7% |
| EML The Eastern Co. | 2.44% | 149,365 | $3.8M | Reduce -13.9% |
| DSGR Distribution Solutions Group | 2.33% | 128,891 | $3.6M | Reduce -15.0% |
| PKOH Park-Ohio Holdings Corp. | 2.19% | 157,000 | $3.4M | Reduce -3.1% |
| ROCK Gibraltar Industries Inc. | 2.14% | 56,500 | $3.3M | Reduce -5.0% |
| GENC Gencor Industries Inc. | 2.06% | 262,100 | $3.2M | Reduce -2.9% |
| FSTR Foster (lb) Co. Class A | 1.92% | 150,734 | $3.0M | Reduce -3.4% |
| CTS CTS Corp. | 1.80% | 67,000 | $2.8M | Reduce -1.8% |
| GDEN Golden Entertainment Inc. | 1.70% | 99,500 | $2.6M | Reduce -2.0% |
| CCBG Capital City Bank Group Inc. | 1.69% | 72,900 | $2.6M | Reduce -3.4% |
| RUSHB Rush Enterprises Inc. Class B | 1.61% | 44,200 | $2.5M | Reduce -15.7% |
| FFIC Flushing Financial Corp. | 1.61% | 196,000 | $2.5M | Reduce -16.6% |
| ASTE Astec Industries Inc. | 1.58% | 71,000 | $2.4M | Reduce -27.2% |
| LMNR Limoneira Co. | 1.37% | 120,000 | $2.1M | Reduce -11.1% |
| KKR KKR & Co. Inc. | 1.35% | 18,000 | $2.1M | Reduce -13.5% |
| MPX Marine Products Corp. | 1.33% | 246,000 | $2.1M | Reduce -0.8% |
| RGCO RGC Resources Inc. | 1.28% | 95,130 | $2.0M | No change |
| EXEL Exelixis Inc. | 1.27% | 53,200 | $2.0M | Reduce -1.5% |
| ATEX Anterix Inc. | 1.18% | 50,000 | $1.8M | Reduce -2.0% |
| INSE Inspired Entertainment Inc. | 1.18% | 213,000 | $1.8M | Reduce -6.2% |
| CVGW Calavo Growers Inc. | 1.18% | 75,800 | $1.8M | Reduce -0.9% |
| GRC Gorman-Rupp Co. | 1.09% | 48,000 | $1.7M | Reduce -2.0% |
| NEOG Neogen Corp. | 1.04% | 186,160 | $1.6M | No change |
| STEL Stellar Bancorp Inc. | 1.03% | 57,800 | $1.6M | Reduce -3.7% |
| ALNT Allient Inc. | 0.97% | 68,600 | $1.5M | Reduce -5.4% |
| TITN Titan Machinery Inc. | 0.95% | 86,000 | $1.5M | Reduce -0.3% |
| CMT Core Molding Technologies Inc. | 0.92% | 93,890 | $1.4M | Reduce -1.9% |
| AOUT American Outdoor Brands Inc. | 0.92% | 116,500 | $1.4M | Reduce -27.0% |
| TRC Tejon Ranch Co. | 0.87% | 84,500 | $1.3M | Reduce -0.6% |
| YORW York Water Co. filed as YORK WTR CO | 0.82% | 36,660 | $1.3M | No change |
| NVGS Navigator Holdings Ltd. | 0.82% | 95,500 | $1.3M | Reduce -1.6% |
| GHM Graham Corp. | 0.82% | 44,000 | $1.3M | Reduce -35.3% |
| CWST Casella Waste Systems Inc. Class A | 0.79% | 11,000 | $1.2M | Reduce -8.3% |
| VALU Value Line Inc. | 0.78% | 31,300 | $1.2M | No change |
| MCS Marcus Corporation | 0.78% | 72,500 | $1.2M | Reduce -14.5% |
| LEGH Legacy Housing Corp. | 0.73% | 45,000 | $1.1M | Reduce -18.2% |
| UTI Universal Technical Institut | 0.71% | 43,000 | $1.1M | Reduce -28.1% |
| GTN Gray Media Inc. | 0.69% | 247,740 | $1.1M | Reduce -0.2% |
| WASH Washington Trust Bancorp | 0.66% | 33,280 | $1.0M | No change |
| ARTNA Artesian Resources Corp. Class A | 0.66% | 31,320 | $1.0M | No change |
| INFU Infusystem Holdings Inc. | 0.66% | 190,000 | $1.0M | Reduce -1.0% |
| CWT California Water Service Grp | 0.66% | 21,000 | $1.0M | No change |
| VPG Vishay Precision Group | 0.65% | 42,012 | $1.0M | Reduce -6.7% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.65% | 35,000 | $1000K | No change |
| BRBR Bellring Brands Inc. | 0.63% | 13,000 | $968K | No change |
| FNB FNB Corp. | 0.62% | 71,000 | $955K | No change |
| TSQ Townsquare Media Inc. Class A | 0.62% | 117,000 | $952K | No change |
| UCTT Ultra Clean Holdings Inc. | 0.60% | 43,500 | $931K | Reduce -5.8% |
| SAMG Silvercrest Asset Manageme-A | 0.60% | 56,500 | $924K | Reduce -4.9% |
| TG Tredegar Corp. | 0.60% | 119,800 | $922K | Reduce -1.0% |
| MITK Mitek Systems Inc. | 0.59% | 111,000 | $916K | Reduce -0.5% |
| IIIV I3 Verticals Inc. Class A | 0.59% | 37,000 | $913K | Reduce -44.6% |
| FSBW FS Bancorp Inc. | 0.59% | 24,000 | $912K | Reduce -7.7% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 0.57% | 300,000 | $888K | No change |
| RNST Renasant Corp. | 0.56% | 25,530 | $866K | No change |
| IA Innovative Solutions & Supp | 0.56% | 137,000 | $862K | Add +48.9% |
| MOV Movado Group Inc. | 0.55% | 51,100 | $854K | Add +4.1% |
| CWCO Consolidated Water Co.-Ord SH | 0.54% | 34,200 | $838K | Reduce -7.6% |
| SMP Standard Motor Prods | 0.52% | 32,500 | $810K | Reduce -2.1% |
| FLWS 1-800-Flowers.com Inc. Class A | 0.52% | 137,000 | $808K | Reduce -2.8% |
| ZIMV Zimvie Inc. | 0.52% | 74,000 | $799K | No change |
| WSBF Waterstone Financial Inc. | 0.51% | 59,000 | $794K | Reduce -1.7% |
| MYRG MYR Group Inc./Delaware | 0.51% | 7,000 | $792K | No change |
| IMAX Imax Corp. | 0.51% | 30,000 | $791K | No change |
| TNC Tennant Co. | 0.51% | 9,900 | $790K | No change |
| LCUT Lifetime Brands Inc. | 0.51% | 159,000 | $784K | No change |
| ODC Oil-Dri Corp. of America | 0.50% | 17,000 | $781K | Reduce -2.3% |
| PKE Park Aerospace Corp. | 0.50% | 58,000 | $780K | Reduce -0.7% |
| TWIN Twin Disc Inc. | 0.49% | 100,500 | $761K | No change |
| MSA Msa Safety Inc. | 0.48% | 5,100 | $748K | Reduce -8.9% |
| FARM Farmer Bros Co. | 0.47% | 328,809 | $730K | Reduce -9.6% |
| SFST Southern First Bancshares | 0.45% | 21,000 | $691K | Reduce -4.5% |
| AUB Atlantic Union Bankshares Co. | 0.45% | 22,200 | $691K | Reduce -5.1% |
| GTN.A Gray Media Inc. Class A | 0.44% | 87,000 | $686K | No change |
| WGO Winnebago Industries | 0.43% | 19,500 | $672K | No change |
| WNEB Western New England Bancorp | 0.40% | 67,000 | $623K | Reduce -1.5% |
| BMI Badger Meter Inc. | 0.40% | 3,250 | $618K | No change |
| ARLO Arlo Technologies Inc. | 0.40% | 62,000 | $612K | Reduce -13.9% |
| WLDN Willdan Group Inc. | 0.39% | 15,000 | $611K | Reduce -25.0% |
| ULBI Ultralife Corp. | 0.39% | 110,700 | $596K | Reduce -0.3% |
| OPCH Option Care Health Inc. | 0.38% | 17,000 | $594K | Reduce -19.1% |
| ATEN A10 Networks Inc. | 0.38% | 36,000 | $588K | No change |
| MFIN Medallion Financial Corp. | 0.38% | 67,000 | $584K | Reduce -14.1% |
| TYL Tyler Technologies Inc. | 0.38% | 1,000 | $581K | No change |
| OPLN Openlane Inc. | 0.37% | 30,000 | $578K | Reduce -3.2% |
| GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED | 0.37% | 45,000 | $568K | Reduce -10.0% |
| IVAC Intevac Inc. | 0.36% | 138,000 | $551K | Reduce -28.5% |
| ELMD Electromed Inc. | 0.35% | 23,000 | $549K | Reduce -34.5% |
| SPLP Steel Partners Holdings LP | 0.34% | 13,000 | $533K | No change |
| RDIB Reading International Inc. Class B | 0.34% | 75,030 | $527K | Add +0.7% |
| CMCO Columbus McKinnon Corp. | 0.33% | 30,500 | $516K | Reduce -6.2% |
| ACU Acme United Corp. filed as ACME UTD CORP | 0.33% | 13,000 | $515K | No change |
| NEO Neogenomics Inc. | 0.33% | 53,100 | $504K | No change |
| AZZ Azz Inc. | 0.32% | 6,000 | $502K | Reduce -14.3% |
| ARKO Arko Corp. | 0.32% | 125,000 | $494K | Add +19.1% |
| KE Kimball Electronics Inc. | 0.32% | 30,000 | $494K | No change |
| FMNB Farmers Natl Banc Corp. | 0.32% | 37,800 | $493K | Reduce -5.5% |
Other holdings (18): 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 | $561K | No change |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 400,000 | $433K | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 400,000 | $422K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 528,000 | $387K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 300,000 | $384K | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 300,000 | $367K | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 350,000 | $326K | No change |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 300,000 | $300K | New |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 300,000 | $283K | New |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 200,000 | $262K | No change |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 250,000 | $249K | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 200,000 | $243K | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 5,000 | $239K | No change |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 250,000 | $221K | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 200,000 | $212K | No change |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 200,000 | $211K | New |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 300,000 | $203K | No change |
| AP.WS Ampco-Pittsburgh Corp. -CW25 | *W EXP 08/01/202 | 47,000 | $606 | No change |
Total filed on the 13F, all lines: $160.0M.
Portfolio Sells Q4 2024 → Q1 2025
| GHM Graham Corp. | Reduce -35.3% | 0.82% | −0.77 |
| GENC Gencor Industries Inc. | Reduce -2.9% | 2.06% | −0.45 |
| PRSU Pursuit Attractions and Hosp | Reduce -59.4% | 0.30% | −0.42 |
| DSGR Distribution Solutions Group | Reduce -15.0% | 2.33% | −0.42 |
| LGTY Logility Supply Chain Soluti | Sold out | 0.00% | −0.40 |
| LMNR Limoneira Co. | Reduce -11.1% | 1.37% | −0.37 |
| AOUT American Outdoor Brands Inc. | Reduce -27.0% | 0.92% | −0.37 |
| MIDD Middleby Corp. | Reduce -68.8% | 0.25% | −0.33 |
| CMCO Columbus McKinnon Corp. | Reduce -6.2% | 0.33% | −0.30 |
| FSTR Foster (lb) Co. Class A | Reduce -3.4% | 1.92% | −0.29 |
| KKR KKR & Co. Inc. | Reduce -13.5% | 1.35% | −0.28 |
| VLGEA Village Super Market Class A | Reduce -68.2% | 0.24% | −0.27 |
| UCTT Ultra Clean Holdings Inc. | Reduce -5.8% | 0.60% | −0.27 |
| IIIV I3 Verticals Inc. Class A | Reduce -44.6% | 0.59% | −0.22 |
| SKYT Skywater Technology Inc. | Reduce -7.1% | 0.30% | −0.21 |
| SKY Champion Homes Inc. | Sold out | 0.00% | −0.20 |
| INFU Infusystem Holdings Inc. | Reduce -1.0% | 0.66% | −0.19 |
| ELMD Electromed Inc. | Reduce -34.5% | 0.35% | −0.19 |
| ICCH Icc Holdings Inc. | Sold out | 0.00% | −0.19 |
| TKO Tko Group Holdings Inc. | Sold out | 0.00% | −0.19 |
| MCS Marcus Corporation | Reduce -14.5% | 0.78% | −0.18 |
| SXI Standex International Corp. | Sold out | 0.00% | −0.18 |
| DCO Ducommun Inc. | Reduce -13.9% | 4.13% | −0.16 |
| FFIC Flushing Financial Corp. | Reduce -16.6% | 1.61% | −0.16 |
| ASTE Astec Industries Inc. | Reduce -27.2% | 1.58% | −0.15 |
| NGVC Natural Grocers BY Vitamin C | Reduce -58.3% | 0.13% | −0.12 |
| CADE Cadence Bank | Sold out | 0.00% | −0.12 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.11 |
| MLAB Mesa Laboratories Inc. | Sold out | 0.00% | −0.11 |
| LWAY Lifeway Foods Inc. | Sold out | 0.00% | −0.11 |
| HWKN Hawkins Inc. | Reduce -29.7% | 0.31% | −0.11 |
| UTI Universal Technical Institut | Reduce -28.1% | 0.71% | −0.10 |
| CTS CTS Corp. | Reduce -1.8% | 1.80% | −0.10 |
| INBK First Internet Bancorp | Reduce -15.0% | 0.29% | −0.09 |
| FLWS 1-800-Flowers.com Inc. Class A | Reduce -2.8% | 0.52% | −0.08 |
| LMAT Lemaitre Vascular Inc. | Reduce -38.2% | 0.16% | −0.07 |
| FSS Federal Signal Corp. | Reduce -16.0% | 0.30% | −0.07 |
| MITK Mitek Systems Inc. | Reduce -0.5% | 0.59% | −0.06 |
| ULBI Ultralife Corp. | Reduce -0.3% | 0.39% | −0.05 |
| PKOH Park-Ohio Holdings Corp. | Reduce -3.1% | 2.19% | −0.05 |
| SPWH Sportsman's Warehouse Holdin | Reduce -1.9% | 0.04% | −0.05 |
| CZR Caesars Entertainment Inc. | Reduce -15.0% | 0.14% | −0.04 |
| CVGI Commercial Vehicle Group Inc. | Reduce -6.6% | 0.04% | −0.03 |
| SRI Stoneridge Inc. | Reduce -14.5% | 0.10% | −0.03 |
| ARLO Arlo Technologies Inc. | Reduce -13.9% | 0.40% | −0.03 |
| DAKT Daktronics Inc. | Reduce -10.7% | 0.08% | −0.02 |
| AUB Atlantic Union Bankshares Co. | Reduce -5.1% | 0.45% | −0.02 |
| SMP Standard Motor Prods | Reduce -2.1% | 0.52% | −0.02 |
| SFST Southern First Bancshares | Reduce -4.5% | 0.45% | −0.01 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -20.0% | 0.28% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| IA Innovative Solutions & Supp | Add +48.9% | 0.56% | +0.14 |
| STE Steris PLC | New | 0.13% | +0.13 |
| UTL Unitil Corp. | New | 0.13% | +0.13 |
| MOV Movado Group Inc. | Add +4.1% | 0.55% | +0.04 |
| DALN Dallasnews Corp. | New | 0.03% | +0.03 |
| RDIB Reading International Inc. Class B | Add +0.7% | 0.34% | +0.01 |
| BGFV Big 5 Sporting Goods Corp. | Add +20.7% | 0.01% | −0.00 |
| LEE Lee Enterprises | Add +4.6% | 0.11% | −0.01 |
| ARKO Arko Corp. | Add +19.1% | 0.32% | −0.05 |
Notes & Other Activity Q4 2024 → Q1 2025
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | New | 400,000 | $433K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Sold out | 400,000 | $378Kbefore exit |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | New | 300,000 | $300K |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | New | 300,000 | $283K |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Sold out | 3,500 | $247Kbefore exit |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Sold out | 4,300 | $214Kbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | New | 200,000 | $211K |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | Sold out | 200,000 | $195Kbefore exit |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | Sold out | 200,000 | $79Kbefore exit |
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 |