Tributary Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Tributary Capital Management, LLC reported 164 stock positions worth $1.1 billion. Its top holding was Enpro (NPO) at 2.9% of the portfolio, followed by Integer (ITGR, 2.8%) and Esco Technologies (ESE, 2.8%). Compared with Q1 2025, it opened 4 new positions, sold out of 4, added to 47 and reduced 101. The biggest buy was Littelfuse (LFUS, shares +1026%) and the biggest sale Agree Realty (ADC, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- OMAHA, NE
- CIK
- 0001441888
- Portfolio Value
- $1.1B (Q2 2025)
- SEC Filing
- 0001441888-25-000004 ↗ filed Jul 30, 2025
Holdings Value
Holdings 164 stocks · $1.1B
| NPO Enpro Inc. | 2.85% | 168,079 | $32.2M | Reduce -6.3% |
| ITGR Integer Holdings Corp. | 2.83% | 259,550 | $31.9M | Reduce -6.7% |
| ESE Esco Technologies Inc. | 2.75% | 161,992 | $31.1M | Reduce -7.0% |
| MC Moelis & Co. Class A | 2.29% | 414,964 | $25.9M | Reduce -2.5% |
| SIGI Selective Insurance Group | 2.22% | 289,019 | $25.0M | Reduce -6.6% |
| AEIS Advanced Energy Industries | 2.10% | 178,999 | $23.7M | Reduce -0.8% |
| KFY Korn Ferry | 2.06% | 317,435 | $23.3M | Reduce -7.0% |
| ALG Alamo Group Inc. | 2.05% | 105,844 | $23.1M | Reduce -7.0% |
| AUB Atlantic Union Bankshares Co. | 2.05% | 738,716 | $23.1M | Add +8.2% |
| PATK Patrick Industries Inc. | 2.00% | 244,509 | $22.6M | Reduce -17.4% |
| ADUS Addus Homecare Corp. | 1.90% | 185,930 | $21.4M | Reduce -13.3% |
| MMI Marcus & Millichap Inc. | 1.89% | 695,817 | $21.4M | Add +10.2% |
| MCRI Monarch Casino & Resort Inc. | 1.89% | 246,685 | $21.3M | Reduce -7.0% |
| IDA Idacorp Inc. | 1.88% | 183,358 | $21.2M | Reduce -6.3% |
| KALU Kaiser Aluminum Corp. | 1.84% | 259,900 | $20.8M | Reduce -0.3% |
| OLLI Ollie's Bargain Outlet Holdi | 1.83% | 156,593 | $20.6M | Reduce -42.9% |
| EXLS Exlservice Holdings Inc. | 1.82% | 468,855 | $20.5M | Reduce -6.3% |
| BOOT Boot Barn Holdings Inc. | 1.81% | 134,488 | $20.4M | Reduce -21.3% |
| SBCF Seacoast Banking Corp. | 1.79% | 732,034 | $20.2M | Add +15.6% |
| BCPC Balchem Corp. | 1.77% | 125,138 | $19.9M | Reduce -5.2% |
| STC Stewart Information Services | 1.70% | 295,440 | $19.2M | Reduce -7.0% |
| ENOV Enovis Corp. | 1.68% | 602,869 | $18.9M | Reduce -1.4% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 1.61% | 423,605 | $18.1M | Reduce -7.0% |
| DIOD Diodes Inc. | 1.57% | 335,740 | $17.8M | Reduce -8.6% |
| BHE Benchmark Electronics Inc. | 1.57% | 456,878 | $17.7M | Reduce -7.0% |
| POWI Power Integrations Inc. | 1.57% | 316,919 | $17.7M | Add +0.4% |
| KFRC Kforce Inc. | 1.56% | 428,575 | $17.6M | Reduce -7.3% |
| ICFI Icf International Inc. | 1.54% | 205,003 | $17.4M | Reduce -8.0% |
| GOLF Acushnet Holdings Corp. | 1.53% | 237,595 | $17.3M | Reduce -7.0% |
| CSW CSW Industrials Inc. | 1.51% | 59,460 | $17.1M | Reduce -7.0% |
| BLKB Blackbaud Inc. | 1.51% | 265,491 | $17.0M | Reduce -6.5% |
| CPK Chesapeake Utilities Corp. | 1.50% | 140,571 | $16.9M | Add +9.7% |
| NVEE NV5 Global Inc. | 1.42% | 692,520 | $16.0M | Reduce -19.5% |
| UMBF Umb Financial Corp. | 1.42% | 151,830 | $16.0M | Reduce -21.4% |
| NOG Northern Oil and Gas Inc. | 1.34% | 532,764 | $15.1M | Reduce -13.9% |
| DORM Dorman Products Inc. | 1.34% | 123,008 | $15.1M | Reduce -19.6% |
| RAMP Liveramp Holdings Inc. | 1.33% | 452,651 | $15.0M | Reduce -7.2% |
| LFUS Littelfuse Inc. | 1.33% | 65,947 | $15.0M | Add +1026.0% |
| AMBA Ambarella Inc. | 1.32% | 224,856 | $14.9M | Reduce -6.5% |
| CTRE Caretrust REIT Inc. | 1.31% | 482,829 | $14.8M | Reduce -7.0% |
| FELE Franklin Electric Co. Inc. | 1.30% | 164,043 | $14.7M | Reduce -6.5% |
| OBK Origin Bancorp Inc. | 1.30% | 410,518 | $14.7M | Reduce -7.0% |
| NTST Netstreit Corp. | 1.22% | 810,113 | $13.7M | Reduce -7.0% |
| COHU Cohu Inc. | 1.12% | 656,732 | $12.6M | Add +7.4% |
| IPAR Interparfums Inc. | 1.11% | 95,389 | $12.5M | New |
| CASS Cass Information Systems Inc. | 1.10% | 286,153 | $12.4M | Reduce -7.0% |
| SM SM Energy Co. | 1.10% | 500,644 | $12.4M | Reduce -14.1% |
| SHO Sunstone Hotel Investors Inc. | 1.08% | 1,399,015 | $12.1M | Add +9.3% |
| MBWM Mercantile Bank Corp. | 1.06% | 258,209 | $12.0M | Reduce -7.1% |
| WD Walker & Dunlop Inc. | 1.05% | 168,338 | $11.9M | Add +18.6% |
| PBH Prestige Consumer Healthcare | 1.04% | 147,441 | $11.8M | New |
| ENS Enersys | 1.04% | 136,866 | $11.7M | Reduce -41.2% |
| CTS CTS Corp. | 1.04% | 274,651 | $11.7M | Reduce -7.0% |
| VIAV Viavi Solutions Inc. | 1.02% | 1,144,312 | $11.5M | Reduce -7.2% |
| UTZ Utz Brands Inc. | 0.97% | 874,421 | $11.0M | Add +5.3% |
| LGIH Lgi Homes Inc. | 0.91% | 199,913 | $10.3M | Reduce -7.3% |
| AVNS Avanos Medical Inc. | 0.88% | 810,720 | $9.9M | Add +10.0% |
| SUPN Supernus Pharmaceuticals Inc. | 0.86% | 308,587 | $9.7M | Reduce -7.0% |
| AMN Amn Healthcare Services Inc. | 0.80% | 434,824 | $9.0M | Reduce -11.4% |
| SLP Simulations Plus Inc. | 0.56% | 361,276 | $6.3M | Reduce -7.3% |
| VTLE Vital Energy Inc. | 0.56% | 389,264 | $6.3M | Add +31.0% |
| MSFT Microsoft Corp. | 0.36% | 8,097 | $4.0M | Reduce -4.4% |
| NVDA Nvidia Corp. | 0.35% | 25,300 | $4.0M | Reduce -3.1% |
| AAPL Apple Inc. | 0.29% | 16,215 | $3.3M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 0.18% | 9,280 | $2.0M | Reduce -1.6% |
| SF Stifel Financial Corp. | 0.17% | 18,596 | $1.9M | Add +3.7% |
| GOOG Alphabet Inc. Class C | 0.17% | 10,805 | $1.9M | Reduce -8.1% |
| CASY Casey's General Stores Inc. | 0.17% | 3,676 | $1.9M | Add +4.0% |
| BURL Burlington Stores Inc. | 0.16% | 7,931 | $1.8M | Add +3.9% |
| META Meta Platforms Inc. Class A | 0.16% | 2,410 | $1.8M | Reduce -1.0% |
| MKL Markel Group Inc. | 0.15% | 875 | $1.7M | Add +3.9% |
| CACI Caci International Inc. Class A | 0.14% | 3,217 | $1.5M | Add +3.8% |
| PTC PTC Inc. | 0.13% | 8,409 | $1.4M | Add +3.9% |
| TTEK Tetra Tech Inc. | 0.13% | 39,957 | $1.4M | Add +4.0% |
| TSCO Tractor Supply Company | 0.13% | 26,848 | $1.4M | Add +3.7% |
| JLL Jones Lang Lasalle Inc. | 0.12% | 5,450 | $1.4M | Add +4.0% |
| CSL Carlisle Cos Inc. | 0.12% | 3,614 | $1.3M | Add +3.9% |
| SSB Southstate Bank Corp. | 0.12% | 14,476 | $1.3M | Add +4.1% |
| BR Broadridge Financial Solutio | 0.12% | 5,388 | $1.3M | Add +3.5% |
| ADC Agree Realty Corp. | 0.12% | 17,855 | $1.3M | Reduce -89.7% |
| LAMR Lamar Advertising Co. Class A | 0.11% | 10,522 | $1.3M | Add +4.1% |
| PR Permian Resources Corp. Class A | 0.11% | 91,968 | $1.3M | Add +4.0% |
| BRO Brown & Brown Inc. | 0.11% | 10,828 | $1.2M | Reduce -5.7% |
| CFR Cullen/Frost Bankers Inc. | 0.10% | 9,179 | $1.2M | Add +3.7% |
| JPM JPMorgan Chase & Co. | 0.10% | 3,975 | $1.2M | Reduce -1.2% |
| RVTY Revvity Inc. | 0.10% | 11,907 | $1.2M | Reduce -6.1% |
| RPM RPM International Inc. | 0.10% | 10,106 | $1.1M | Add +3.5% |
| QLYS Qualys Inc. | 0.09% | 6,954 | $994K | Add +3.8% |
| MZTI The Marzetti Company filed as LANCASTER COLONY CORP | 0.08% | 5,410 | $935K | Add +16.7% |
| ICLR Icon PLC | 0.08% | 6,371 | $927K | Add +20.7% |
| LECO Lincoln Electric Holdings | 0.08% | 4,443 | $921K | Add +3.8% |
| WH Wyndham Hotels & Resorts Inc. | 0.08% | 11,182 | $908K | Add +3.8% |
| MA Mastercard Inc. Class A | 0.08% | 1,575 | $885K | Reduce -2.8% |
| LLY Eli Lilly & Co. | 0.08% | 1,130 | $881K | Reduce -2.6% |
| ONTO Onto Innovation Inc. | 0.08% | 8,702 | $878K | Add +37.1% |
| MOH Molina Healthcare Inc. | 0.08% | 2,910 | $867K | Add +3.9% |
| NXST Nexstar Media Group Inc. | 0.07% | 4,684 | $810K | Add +3.9% |
| BLD Topbuild Corp. | 0.07% | 2,450 | $793K | Add +3.8% |
| DPZ Domino's Pizza Inc. | 0.07% | 1,716 | $773K | Add +3.8% |
| RHI Robert Half Inc. | 0.06% | 17,277 | $709K | Add +3.4% |
Portfolio Sells Q1 2025 → Q2 2025
| ADC Agree Realty Corp. | Reduce -89.7% | 0.12% | −1.06 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -42.9% | 1.83% | −0.96 |
| ENS Enersys | Reduce -41.2% | 1.04% | −0.82 |
| SM SM Energy Co. | Reduce -14.1% | 1.10% | −0.43 |
| KFRC Kforce Inc. | Reduce -7.3% | 1.56% | −0.41 |
| ENOV Enovis Corp. | Reduce -1.4% | 1.68% | −0.37 |
| LGIH Lgi Homes Inc. | Reduce -7.3% | 0.91% | −0.34 |
| NOG Northern Oil and Gas Inc. | Reduce -13.9% | 1.34% | −0.30 |
| UMBF Umb Financial Corp. | Reduce -21.4% | 1.42% | −0.29 |
| SLP Simulations Plus Inc. | Reduce -7.3% | 0.56% | −0.28 |
| STC Stewart Information Services | Reduce -7.0% | 1.70% | −0.28 |
| DORM Dorman Products Inc. | Reduce -19.6% | 1.34% | −0.27 |
| SIGI Selective Insurance Group | Reduce -6.6% | 2.22% | −0.26 |
| AMN Amn Healthcare Services Inc. | Reduce -11.4% | 0.80% | −0.25 |
| EXLS Exlservice Holdings Inc. | Reduce -6.3% | 1.82% | −0.25 |
| PATK Patrick Industries Inc. | Reduce -17.4% | 2.00% | −0.19 |
| VIAV Viavi Solutions Inc. | Reduce -7.2% | 1.02% | −0.18 |
| BWIN Baldwin Insurance Group Inc./ | Reduce -7.0% | 1.61% | −0.17 |
| BCPC Balchem Corp. | Reduce -5.2% | 1.77% | −0.15 |
| FELE Franklin Electric Co. Inc. | Reduce -6.5% | 1.30% | −0.13 |
| CSW CSW Industrials Inc. | Reduce -7.0% | 1.51% | −0.12 |
| ICFI Icf International Inc. | Reduce -8.0% | 1.54% | −0.11 |
| IDA Idacorp Inc. | Reduce -6.3% | 1.88% | −0.11 |
| SUPN Supernus Pharmaceuticals Inc. | Reduce -7.0% | 0.86% | −0.09 |
| MKSI MKS Inc. | Sold out | 0.00% | −0.06 |
| CASS Cass Information Systems Inc. | Reduce -7.0% | 1.10% | −0.06 |
| BHE Benchmark Electronics Inc. | Reduce -7.0% | 1.57% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.05 |
| ITGR Integer Holdings Corp. | Reduce -6.7% | 2.83% | −0.04 |
| OBK Origin Bancorp Inc. | Reduce -7.0% | 1.30% | −0.04 |
| CTS CTS Corp. | Reduce -7.0% | 1.04% | −0.04 |
| NVEE NV5 Global Inc. | Reduce -19.5% | 1.42% | −0.03 |
| JAZZ Jazz Pharmaceuticals PLC | Sold out | 0.00% | −0.03 |
| CDW CDW Corp. | Sold out | 0.00% | −0.03 |
| BLKB Blackbaud Inc. | Reduce -6.5% | 1.51% | −0.03 |
| AAPL Apple Inc. | Reduce -2.3% | 0.29% | −0.03 |
| BRO Brown & Brown Inc. | Reduce -5.7% | 0.11% | −0.02 |
| RVTY Revvity Inc. | Reduce -6.1% | 0.10% | −0.02 |
| CHD Church & Dwight Co. Inc. | Reduce -1.7% | 0.05% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -1.6% | 0.06% | −0.01 |
| AMGN Amgen Inc. | Reduce -3.3% | 0.04% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -2.6% | 0.08% | −0.01 |
| FR First Industrial Realty TR | Reduce -3.2% | 0.04% | −0.01 |
| LNTH Lantheus Holdings Inc. | Reduce -1.3% | 0.03% | −0.01 |
| FANG Diamondback Energy Inc. | Reduce -2.3% | 0.03% | −0.00 |
| EOG EOG Resources Inc. | Reduce -3.6% | 0.03% | −0.00 |
| POOL Pool Corp. | Reduce -4.0% | 0.02% | −0.00 |
| ENTG Entegris Inc. | Reduce -2.4% | 0.03% | −0.00 |
| FAF First American Financial | Reduce -2.5% | 0.03% | −0.00 |
| ZTS Zoetis Inc. | Reduce -1.9% | 0.04% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| LFUS Littelfuse Inc. | Add +1026.0% | 1.33% | +1.22 |
| IPAR Interparfums Inc. | New | 1.11% | +1.11 |
| PBH Prestige Consumer Healthcare | New | 1.04% | +1.04 |
| SBCF Seacoast Banking Corp. | Add +15.6% | 1.79% | +0.37 |
| COHU Cohu Inc. | Add +7.4% | 1.12% | +0.33 |
| AUB Atlantic Union Bankshares Co. | Add +8.2% | 2.05% | +0.19 |
| POWI Power Integrations Inc. | Add +0.4% | 1.57% | +0.18 |
| CPK Chesapeake Utilities Corp. | Add +9.7% | 1.50% | +0.06 |
| ABBV Abbvie Inc. | New | 0.05% | +0.05 |
| CACI Caci International Inc. Class A | Add +3.8% | 0.14% | +0.04 |
| ANET Arista Networks Inc. | New | 0.03% | +0.03 |
| CASY Casey's General Stores Inc. | Add +4.0% | 0.17% | +0.03 |
| TTEK Tetra Tech Inc. | Add +4.0% | 0.13% | +0.03 |
| SHO Sunstone Hotel Investors Inc. | Add +9.3% | 1.08% | +0.02 |
| SF Stifel Financial Corp. | Add +3.7% | 0.17% | +0.02 |
| MCHP Microchip Technology Inc. | Add +21.0% | 0.04% | +0.02 |
| PTC PTC Inc. | Add +3.9% | 0.13% | +0.02 |
| MKL Markel Group Inc. | Add +3.9% | 0.15% | +0.02 |
| CSL Carlisle Cos Inc. | Add +3.9% | 0.12% | +0.02 |
| QLYS Qualys Inc. | Add +3.8% | 0.09% | +0.01 |
| LAMR Lamar Advertising Co. Class A | Add +4.1% | 0.11% | +0.01 |
| PAYC Paycom Software Inc. | Add +47.1% | 0.03% | +0.01 |
| MZTI The Marzetti Company | Add +16.7% | 0.08% | +0.01 |
| EW Edwards Lifesciences Corp. | Add +31.5% | 0.04% | +0.01 |
| MANH Manhattan Associates Inc. | Add +22.4% | 0.04% | +0.01 |
| LECO Lincoln Electric Holdings | Add +3.8% | 0.08% | +0.01 |
| ONTO Onto Innovation Inc. | Add +37.1% | 0.08% | +0.01 |
| JLL Jones Lang Lasalle Inc. | Add +4.0% | 0.12% | +0.01 |
| NEE Nextera Energy Inc. | Add +28.5% | 0.04% | +0.01 |
| VZ Verizon Communications Inc. | Add +36.2% | 0.03% | +0.01 |
| CFR Cullen/Frost Bankers Inc. | Add +3.7% | 0.10% | +0.01 |
| BLD Topbuild Corp. | Add +3.8% | 0.07% | +0.01 |
| BR Broadridge Financial Solutio | Add +3.5% | 0.12% | +0.01 |
| SSB Southstate Bank Corp. | Add +4.1% | 0.12% | +0.01 |
| BURL Burlington Stores Inc. | Add +3.9% | 0.16% | +0.00 |
| VTLE Vital Energy Inc. | Add +31.0% | 0.56% | +0.00 |
| PR Permian Resources Corp. Class A | Add +4.0% | 0.11% | +0.00 |
| DPZ Domino's Pizza Inc. | Add +3.8% | 0.07% | +0.00 |
| ICLR Icon PLC | Add +20.7% | 0.08% | +0.00 |
| NXST Nexstar Media Group Inc. | Add +3.9% | 0.07% | +0.00 |
| TSCO Tractor Supply Company | Add +3.7% | 0.13% | +0.00 |
| RPM RPM International Inc. | Add +3.5% | 0.10% | −0.00 |
| MOH Molina Healthcare Inc. | Add +3.9% | 0.08% | −0.00 |
| WH Wyndham Hotels & Resorts Inc. | Add +3.8% | 0.08% | −0.00 |
| FISV Fiserv Inc. | Add +9.5% | 0.04% | −0.01 |
| WD Walker & Dunlop Inc. | Add +18.6% | 1.05% | −0.01 |
| MMI Marcus & Millichap Inc. | Add +10.2% | 1.89% | −0.01 |
| FBIN Fortune Brands Innovations I | Add +4.0% | 0.06% | −0.01 |
| RHI Robert Half Inc. | Add +3.4% | 0.06% | −0.02 |
| AVNS Avanos Medical Inc. | Add +10.0% | 0.88% | −0.04 |
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 |