Tributary Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 21, 2025), Tributary Capital Management, LLC reported 211 stock positions worth $1.3 billion. Its top holding was Integer (ITGR) at 2.9% of the portfolio, followed by Boot Barn (BOOT, 2.6%) and Moelis Class A (MC, 2.5%). Compared with Q3 2024, it opened 6 new positions, sold out of 5, added to 72 and reduced 91. The biggest buy was a new position in Liveramp (RAMP) and the biggest sale an exit from CNX Resources (CNX).
- Most Recent 13F
- Q2 2026
- Location
- OMAHA, NE
- CIK
- 0001441888
- Portfolio Value
- $1.3B (Q4 2024)
- SEC Filing
- 0001441888-25-000001 ↗ filed Jan 21, 2025
Holdings Value
Holdings 211 stocks · $1.3B
| ITGR Integer Holdings Corp. | 2.95% | 287,525 | $38.1M | Add +0.8% |
| BOOT Boot Barn Holdings Inc. | 2.56% | 217,547 | $33.0M | Reduce -0.1% |
| MC Moelis & Co. Class A | 2.52% | 439,778 | $32.5M | Add +1.2% |
| NPO Enpro Inc. | 2.47% | 185,309 | $32.0M | Add +0.9% |
| OLLI Ollie's Bargain Outlet Holdi | 2.42% | 284,351 | $31.2M | Add +1.7% |
| SIGI Selective Insurance Group | 2.30% | 318,174 | $29.8M | Add +1.3% |
| EXLS Exlservice Holdings Inc. | 2.22% | 645,850 | $28.7M | Add +1.4% |
| AUB Atlantic Union Bankshares Co. | 2.07% | 705,842 | $26.7M | Add +17.8% |
| DORM Dorman Products Inc. | 2.06% | 205,513 | $26.6M | Reduce -0.0% |
| BHE Benchmark Electronics Inc. | 2.02% | 575,362 | $26.1M | Reduce -0.1% |
| ADUS Addus Homecare Corp. | 2.01% | 207,131 | $26.0M | Reduce -0.1% |
| PATK Patrick Industries Inc. | 1.97% | 306,796 | $25.5M | Reduce -0.1% |
| ICFI Icf International Inc. | 1.96% | 211,863 | $25.3M | Add +10.9% |
| MMI Marcus & Millichap Inc. | 1.94% | 654,205 | $25.0M | Reduce -0.1% |
| ENOV Enovis Corp. | 1.92% | 566,089 | $24.8M | Add +33.9% |
| ESE Esco Technologies Inc. | 1.86% | 180,525 | $24.0M | Add +0.1% |
| KFRC Kforce Inc. | 1.86% | 422,930 | $24.0M | Add +38.4% |
| KFY Korn Ferry | 1.85% | 353,657 | $23.9M | Reduce -0.1% |
| CSW CSW Industrials Inc. | 1.81% | 66,250 | $23.4M | Reduce -30.4% |
| UMBF Umb Financial Corp. | 1.74% | 199,649 | $22.5M | Add +1.2% |
| STC Stewart Information Services | 1.72% | 329,166 | $22.2M | Reduce -0.1% |
| BCPC Balchem Corp. | 1.72% | 136,255 | $22.2M | Add +1.2% |
| ENS Enersys | 1.72% | 239,765 | $22.2M | Add +25.9% |
| IDA Idacorp Inc. | 1.71% | 201,795 | $22.1M | Add +1.8% |
| NOG Northern Oil and Gas Inc. | 1.69% | 588,487 | $21.9M | Add +11.8% |
| MCRI Monarch Casino & Resort Inc. | 1.68% | 274,836 | $21.7M | Reduce -0.1% |
| ALG Alamo Group Inc. | 1.68% | 116,584 | $21.7M | Add +16.0% |
| BLKB Blackbaud Inc. | 1.68% | 293,148 | $21.7M | Add +1.3% |
| AEIS Advanced Energy Industries | 1.67% | 187,041 | $21.6M | Reduce -0.1% |
| SM SM Energy Co. | 1.67% | 557,972 | $21.6M | Add +0.1% |
| AMBA Ambarella Inc. | 1.62% | 287,565 | $20.9M | Add +15.4% |
| SSB Southstate Bank Corp. | 1.56% | 202,534 | $20.1M | Reduce -26.0% |
| POWI Power Integrations Inc. | 1.53% | 320,245 | $19.8M | Add +14.5% |
| KALU Kaiser Aluminum Corp. | 1.47% | 269,315 | $18.9M | Add +9.3% |
| GOLF Acushnet Holdings Corp. | 1.46% | 264,753 | $18.8M | Reduce -0.1% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 1.42% | 471,809 | $18.3M | Reduce -0.2% |
| SBCF Seacoast Banking Corp. | 1.40% | 654,854 | $18.0M | Add +44.4% |
| DIOD Diodes Inc. | 1.39% | 291,624 | $18.0M | Add +0.2% |
| NVEE NV5 Global Inc. | 1.38% | 945,709 | $17.8M | Add +24.3% |
| FELE Franklin Electric Co. Inc. | 1.37% | 181,123 | $17.7M | Add +1.2% |
| LGIH Lgi Homes Inc. | 1.30% | 187,461 | $16.8M | Reduce -0.1% |
| CTS CTS Corp. | 1.25% | 306,128 | $16.1M | Reduce -0.1% |
| CPK Chesapeake Utilities Corp. | 1.25% | 132,765 | $16.1M | Reduce -0.1% |
| COHU Cohu Inc. | 1.22% | 588,572 | $15.7M | Add +13.0% |
| SHO Sunstone Hotel Investors Inc. | 1.22% | 1,326,307 | $15.7M | Reduce -0.1% |
| RAMP Liveramp Holdings Inc. | 1.18% | 502,162 | $15.3M | New |
| OBK Origin Bancorp Inc. | 1.18% | 456,480 | $15.2M | Add +31.8% |
| CTRE Caretrust REIT Inc. | 1.13% | 537,864 | $14.5M | Add +0.0% |
| AVNS Avanos Medical Inc. | 1.10% | 893,008 | $14.2M | Add +38.1% |
| VTLE Vital Energy Inc. | 1.03% | 428,295 | $13.2M | Add +45.0% |
| CASS Cass Information Systems Inc. | 1.01% | 318,809 | $13.0M | Add +0.1% |
| VIAV Viavi Solutions Inc. | 1.00% | 1,277,654 | $12.9M | Add +14.5% |
| MBWM Mercantile Bank Corp. | 0.99% | 287,487 | $12.8M | Add +16.2% |
| NTST Netstreit Corp. | 0.98% | 892,818 | $12.6M | New |
| ADC Agree Realty Corp. | 0.98% | 178,873 | $12.6M | Reduce -43.1% |
| SUPN Supernus Pharmaceuticals Inc. | 0.96% | 343,962 | $12.4M | Reduce -0.1% |
| SLP Simulations Plus Inc. | 0.86% | 396,093 | $11.0M | Add +21.7% |
| AMN Amn Healthcare Services Inc. | 0.61% | 328,085 | $7.8M | Add +40.9% |
| AAPL Apple Inc. | 0.33% | 17,160 | $4.3M | Reduce -4.5% |
| MSFT Microsoft Corp. | 0.29% | 8,764 | $3.7M | Reduce -4.5% |
| NVDA Nvidia Corp. | 0.28% | 26,890 | $3.6M | Reduce -4.8% |
| GOOG Alphabet Inc. Class C | 0.19% | 12,620 | $2.4M | Reduce -1.0% |
| AMZN Amazon.com Inc. | 0.18% | 10,435 | $2.3M | Reduce -4.6% |
| BURL Burlington Stores Inc. | 0.16% | 7,320 | $2.1M | Add +46.7% |
| SF Stifel Financial Corp. | 0.15% | 18,479 | $2.0M | Add +46.6% |
| META Meta Platforms Inc. Class A | 0.13% | 2,805 | $1.6M | Add +1.1% |
| TSCO Tractor Supply Company | 0.11% | 27,949 | $1.5M | Add +28.9% |
| TTEK Tetra Tech Inc. | 0.11% | 36,855 | $1.5M | Add +46.8% |
| MKL Markel Group Inc. | 0.11% | 809 | $1.4M | Add +42.9% |
| BRO Brown & Brown Inc. | 0.11% | 13,596 | $1.4M | Add +16.3% |
| RVTY Revvity Inc. | 0.11% | 12,173 | $1.4M | Add +45.5% |
| CASY Casey's General Stores Inc. | 0.10% | 3,391 | $1.3M | Add +46.7% |
| LFUS Littelfuse Inc. | 0.10% | 5,647 | $1.3M | Add +43.3% |
| PTC PTC Inc. | 0.10% | 6,941 | $1.3M | Add +40.2% |
| JLL Jones Lang Lasalle Inc. | 0.10% | 5,026 | $1.3M | Add +46.8% |
| CSL Carlisle Cos Inc. | 0.10% | 3,337 | $1.2M | Add +46.7% |
| MOH Molina Healthcare Inc. | 0.09% | 4,190 | $1.2M | Add +76.1% |
| PR Permian Resources Corp. Class A | 0.09% | 84,805 | $1.2M | Add +65.1% |
| JPM JPMorgan Chase & Co. | 0.09% | 5,087 | $1.2M | Reduce -3.9% |
| CACI Caci International Inc. Class A | 0.09% | 2,972 | $1.2M | Add +68.0% |
| LAMR Lamar Advertising Co. Class A | 0.09% | 9,692 | $1.2M | Add +46.7% |
| RPM RPM International Inc. | 0.09% | 9,368 | $1.2M | Add +34.5% |
| CFR Cullen/Frost Bankers Inc. | 0.09% | 8,515 | $1.1M | Add +45.1% |
| BR Broadridge Financial Solutio | 0.09% | 5,003 | $1.1M | Add +43.4% |
| WH Wyndham Hotels & Resorts Inc. | 0.08% | 10,336 | $1.0M | Add +46.6% |
| LLY Eli Lilly & Co. | 0.08% | 1,330 | $1.0M | Reduce -4.1% |
| ONTO Onto Innovation Inc. | 0.08% | 6,091 | $1.0M | Add +101.9% |
| GNTX Gentex Corp. | 0.08% | 34,361 | $987K | Add +28.7% |
| RHI Robert Half Inc. | 0.07% | 13,575 | $956K | Add +46.4% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.07% | 8,751 | $914K | Add +65.0% |
| QLYS Qualys Inc. | 0.07% | 6,426 | $901K | Add +46.6% |
| MA Mastercard Inc. Class A | 0.07% | 1,670 | $879K | Reduce -4.3% |
| FBIN Fortune Brands Innovations I | 0.07% | 12,676 | $866K | Add +85.9% |
| XOM Exxon Mobil Corp. | 0.07% | 8,008 | $861K | Reduce -4.2% |
| ICLR Icon PLC | 0.06% | 3,950 | $828K | Add +116.1% |
| RTX RTX Corp. | 0.06% | 7,094 | $821K | Reduce -3.4% |
| WMT Walmart Inc. | 0.06% | 8,555 | $773K | Reduce -4.5% |
| MZTI The Marzetti Company filed as LANCASTER COLONY CORP | 0.06% | 4,446 | $770K | Add +46.5% |
| COST Costco Wholesale Corp. | 0.06% | 840 | $770K | Reduce -5.1% |
| HD Home Depot Inc. | 0.06% | 1,965 | $764K | Reduce -4.6% |
Portfolio Sells Q3 2024 → Q4 2024
| CNX CNX Resources Corp. | Sold out | 0.00% | −1.47 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −1.23 |
| AMWD American Woodmark Corp. | Sold out | 0.00% | −1.02 |
| CSW CSW Industrials Inc. | Reduce -30.4% | 1.81% | −0.90 |
| ADC Agree Realty Corp. | Reduce -43.1% | 0.98% | −0.87 |
| SSB Southstate Bank Corp. | Reduce -26.0% | 1.56% | −0.51 |
| LGIH Lgi Homes Inc. | Reduce -0.1% | 1.30% | −0.43 |
| BWIN Baldwin Insurance Group Inc./ | Reduce -0.2% | 1.42% | −0.41 |
| PATK Patrick Industries Inc. | Reduce -0.1% | 1.97% | −0.29 |
| BOOT Boot Barn Holdings Inc. | Reduce -0.1% | 2.56% | −0.27 |
| KFY Korn Ferry | Reduce -0.1% | 1.85% | −0.22 |
| STC Stewart Information Services | Reduce -0.1% | 1.72% | −0.19 |
| ADUS Addus Homecare Corp. | Reduce -0.1% | 2.01% | −0.13 |
| MMI Marcus & Millichap Inc. | Reduce -0.1% | 1.94% | −0.08 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.04 |
| CPK Chesapeake Utilities Corp. | Reduce -0.1% | 1.25% | −0.04 |
| MSFT Microsoft Corp. | Reduce -4.5% | 0.29% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -17.9% | 0.04% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -41.2% | 0.02% | −0.02 |
| CTAS Cintas Corp. | Reduce -21.1% | 0.04% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -4.1% | 0.08% | −0.02 |
| MCRI Monarch Casino & Resort Inc. | Reduce -0.1% | 1.68% | −0.02 |
| MCHP Microchip Technology Inc. | Reduce -5.2% | 0.03% | −0.01 |
| AMGN Amgen Inc. | Reduce -5.0% | 0.04% | −0.01 |
| AME Ametek Inc. | Reduce -24.8% | 0.04% | −0.01 |
| CDW CDW Corp. | Reduce -5.1% | 0.03% | −0.01 |
| AMT American Tower Corp. | Reduce -5.0% | 0.03% | −0.01 |
| MTZ Mastec Inc. | Reduce -28.7% | 0.04% | −0.01 |
| ADBE Adobe Inc. | Reduce -4.7% | 0.04% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -4.2% | 0.07% | −0.01 |
| ZTS Zoetis Inc. | Reduce -4.8% | 0.03% | −0.01 |
| TKR Timken Co. | Reduce -5.0% | 0.04% | −0.01 |
| PCT Purecycle Technologies Inc. | Reduce -28.1% | 0.03% | −0.01 |
| CME Cme Group Inc. | Reduce -23.2% | 0.04% | −0.01 |
| JAZZ Jazz Pharmaceuticals PLC | Reduce -30.4% | 0.03% | −0.01 |
| LIN Linde PLC | Reduce -3.9% | 0.04% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -5.1% | 0.03% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -4.3% | 0.05% | −0.01 |
| LNTH Lantheus Holdings Inc. | Reduce -4.9% | 0.03% | −0.01 |
| FMC FMC Corp. | Reduce -6.2% | 0.02% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -4.5% | 0.03% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -57.6% | 0.00% | −0.01 |
| NSSC Napco Security Technologies | Reduce -4.8% | 0.03% | −0.01 |
| CSX CSX Corp. | Reduce -4.3% | 0.05% | −0.01 |
| ENTG Entegris Inc. | Reduce -4.8% | 0.03% | −0.01 |
| NKE Nike Inc. Class B | Reduce -6.6% | 0.02% | −0.01 |
| FR First Industrial Realty TR | Reduce -3.8% | 0.04% | −0.01 |
| HD Home Depot Inc. | Reduce -4.6% | 0.06% | −0.01 |
| RTX RTX Corp. | Reduce -3.4% | 0.06% | −0.01 |
| SO The Southern Co. | Reduce -4.3% | 0.04% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| RAMP Liveramp Holdings Inc. | New | 1.18% | +1.18 |
| NTST Netstreit Corp. | New | 0.98% | +0.98 |
| AMBA Ambarella Inc. | Add +15.4% | 1.62% | +0.53 |
| ENOV Enovis Corp. | Add +33.9% | 1.92% | +0.51 |
| SBCF Seacoast Banking Corp. | Add +44.4% | 1.40% | +0.46 |
| VTLE Vital Energy Inc. | Add +45.0% | 1.03% | +0.41 |
| KFRC Kforce Inc. | Add +38.4% | 1.86% | +0.40 |
| EXLS Exlservice Holdings Inc. | Add +1.4% | 2.22% | +0.33 |
| AUB Atlantic Union Bankshares Co. | Add +17.8% | 2.07% | +0.32 |
| OBK Origin Bancorp Inc. | Add +31.8% | 1.18% | +0.31 |
| OLLI Ollie's Bargain Outlet Holdi | Add +1.7% | 2.42% | +0.30 |
| ALG Alamo Group Inc. | Add +16.0% | 1.68% | +0.27 |
| NOG Northern Oil and Gas Inc. | Add +11.8% | 1.69% | +0.25 |
| VIAV Viavi Solutions Inc. | Add +14.5% | 1.00% | +0.22 |
| ENS Enersys | Add +25.9% | 1.72% | +0.21 |
| MC Moelis & Co. Class A | Add +1.2% | 2.52% | +0.20 |
| COHU Cohu Inc. | Add +13.0% | 1.22% | +0.18 |
| NPO Enpro Inc. | Add +0.9% | 2.47% | +0.16 |
| MBWM Mercantile Bank Corp. | Add +16.2% | 0.99% | +0.15 |
| POWI Power Integrations Inc. | Add +14.5% | 1.53% | +0.14 |
| UMBF Umb Financial Corp. | Add +1.2% | 1.74% | +0.13 |
| IDA Idacorp Inc. | Add +1.8% | 1.71% | +0.12 |
| KALU Kaiser Aluminum Corp. | Add +9.3% | 1.47% | +0.08 |
| ITGR Integer Holdings Corp. | Add +0.8% | 2.95% | +0.07 |
| SF Stifel Financial Corp. | Add +46.6% | 0.15% | +0.06 |
| BURL Burlington Stores Inc. | Add +46.7% | 0.16% | +0.06 |
| ESE Esco Technologies Inc. | Add +0.1% | 1.86% | +0.05 |
| SLP Simulations Plus Inc. | Add +21.7% | 0.86% | +0.05 |
| PR Permian Resources Corp. Class A | Add +65.1% | 0.09% | +0.04 |
| MKL Markel Group Inc. | Add +42.9% | 0.11% | +0.04 |
| WH Wyndham Hotels & Resorts Inc. | Add +46.6% | 0.08% | +0.04 |
| CFR Cullen/Frost Bankers Inc. | Add +45.1% | 0.09% | +0.04 |
| CASY Casey's General Stores Inc. | Add +46.7% | 0.10% | +0.04 |
| MOH Molina Healthcare Inc. | Add +76.1% | 0.09% | +0.03 |
| ONTO Onto Innovation Inc. | Add +101.9% | 0.08% | +0.03 |
| BR Broadridge Financial Solutio | Add +43.4% | 0.09% | +0.03 |
| PTC PTC Inc. | Add +40.2% | 0.10% | +0.03 |
| SIGI Selective Insurance Group | Add +1.3% | 2.30% | +0.03 |
| TSLA Tesla Inc. | New | 0.03% | +0.03 |
| JLL Jones Lang Lasalle Inc. | Add +46.8% | 0.10% | +0.03 |
| QLYS Qualys Inc. | Add +46.6% | 0.07% | +0.03 |
| MKSI MKS Inc. | Add +65.0% | 0.07% | +0.03 |
| RHI Robert Half Inc. | Add +46.4% | 0.07% | +0.03 |
| RPM RPM International Inc. | Add +34.5% | 0.09% | +0.02 |
| CACI Caci International Inc. Class A | Add +68.0% | 0.09% | +0.02 |
| ICLR Icon PLC | Add +116.1% | 0.06% | +0.02 |
| LAMR Lamar Advertising Co. Class A | Add +46.7% | 0.09% | +0.02 |
| RVTY Revvity Inc. | Add +45.5% | 0.11% | +0.02 |
| LFUS Littelfuse Inc. | Add +43.3% | 0.10% | +0.02 |
| TTEK Tetra Tech Inc. | Add +46.8% | 0.11% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| US BANCORP (USB V0 PERP A) | PFD | Sold out | 400 | $339Kbefore 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 2026 | 135 | $1.2B | NPO, COHU, ESE, DIOD, BHE |
| Q1 2026 | 164 | $1.0B | ESE, NPO, VIAV, MC, AEIS |
| Q4 2025 | 167 | $1.0B | AEIS, ESE, NPO, KALU, MC |
| Q3 2025Amended | 166 | $1.1B | NPO, ESE, AEIS, MC, ITGR |
| Q2 2025 | 164 | $1.1B | NPO, ITGR, ESE, MC, SIGI |
| Q1 2025 | 164 | $1.1B | ITGR, OLLI, NPO, SIGI, ESE |
| Q4 2024 | 211 | $1.3B | ITGR, BOOT, MC, NPO, OLLI |
| Q3 2024 | 210 | $1.3B | ITGR, BOOT, CSW, ICFI, MC |
| Q2 2024 | 213 | $1.2B | ITGR, ICFI, BOOT, OLLI, NPO |
| Q1 2024 | 212 | $1.2B | ITGR, NPO, SIGI, ICFI, SM |