Tributary Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), Tributary Capital Management, LLC reported 164 stock positions worth $1.0 billion. Its top holding was Esco Technologies (ESE) at 3.8% of the portfolio, followed by Enpro (NPO, 3.0%) and Viavi Solutions (VIAV, 2.7%). Compared with Q4 2025, it opened 9 new positions, sold out of 12, added to 48 and reduced 100. The biggest buy was a new position in FB Financial (FBK) and the biggest sale Umb Financial (UMBF, shares −96%).

Most Recent 13F
Q2 2026
Location
OMAHA, NE
CIK
0001441888
Portfolio Value
$1.0B (Q1 2026)
SEC Filing
0001441888-26-000007 ↗ filed May 4, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.0B Q4 2025 Q1 2026: $1.0B $1.0B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 164 stocks · $1.0B

ESE Esco Technologies Inc. 3.85% 140,896 $39.6M Reduce -2.9%
NPO Enpro Inc. 3.04% 124,767 $31.3M Reduce -2.8%
VIAV Viavi Solutions Inc. 2.65% 821,040 $27.3M Reduce -20.1%
MC Moelis & Co. Class A 2.63% 476,195 $27.1M Add +28.8%
AEIS Advanced Energy Industries 2.49% 79,628 $25.7M Reduce -43.1%
SBCF Seacoast Banking Corp. 2.39% 813,439 $24.6M Add +12.2%
NOG Northern Oil and Gas Inc. 2.36% 830,407 $24.3M Reduce -0.9%
DIOD Diodes Inc. 2.26% 341,227 $23.3M Reduce -1.4%
AUB Atlantic Union Bankshares Co. 2.22% 638,899 $22.8M Reduce -2.9%
IDA Idacorp Inc. 2.20% 158,760 $22.7M Reduce -2.7%
BHE Benchmark Electronics Inc. 2.16% 397,464 $22.3M Reduce -2.9%
KALU Kaiser Aluminum Corp. 2.06% 176,234 $21.2M Reduce -24.3%
COHU Cohu Inc. 2.04% 687,219 $21.0M Reduce -2.3%
MMI Marcus & Millichap Inc. 1.97% 762,466 $20.3M Add +24.5%
BCPC Balchem Corp. 1.94% 117,708 $19.9M Reduce -2.7%
LFUS Littelfuse Inc. 1.86% 56,584 $19.2M Reduce -3.1%
SIGI Selective Insurance Group 1.83% 250,607 $18.9M Reduce -2.3%
ENS Enersys 1.70% 100,854 $17.5M Reduce -16.6%
KFY Korn Ferry 1.69% 276,081 $17.4M Reduce -2.8%
ADUS Addus Homecare Corp. 1.63% 179,793 $16.8M Reduce -2.9%
POWI Power Integrations Inc. 1.62% 325,433 $16.7M Add +7.3%
EXLS Exlservice Holdings Inc. 1.61% 546,296 $16.6M Add +31.2%
SHO Sunstone Hotel Investors Inc. 1.55% 1,769,325 $15.9M Add +15.1%
STC Stewart Information Services 1.54% 256,938 $15.8M Reduce -2.9%
CPK Chesapeake Utilities Corp. 1.50% 122,242 $15.4M Reduce -2.9%
PBH Prestige Consumer Healthcare 1.50% 260,462 $15.4M Add +16.5%
CON Concentra Group Holdings Par 1.48% 712,042 $15.3M Add +25.6%
DORM Dorman Products Inc. 1.48% 146,019 $15.2M Add +33.6%
ALG Alamo Group Inc. 1.47% 92,049 $15.2M Reduce -1.1%
CSW CSW Industrials Inc. 1.45% 57,518 $15.0M Reduce -2.9%
MCRI Monarch Casino & Resort Inc. 1.45% 156,152 $14.9M Reduce -13.8%
OBK Origin Bancorp Inc. 1.44% 356,944 $14.8M Reduce -2.9%
MZTI The Marzetti Company 1.41% 105,096 $14.5M Add +2280.4%
FBK FB Financial Corp. filed as FB FINL CORP 1.40% 277,308 $14.4M New
PATK Patrick Industries Inc. 1.37% 127,228 $14.1M Reduce -12.1%
GOLF Acushnet Holdings Corp. 1.37% 150,467 $14.1M Reduce -29.3%
PLUS Eplus Inc. 1.34% 182,998 $13.8M Add +13.6%
ICFI Icf International Inc. 1.33% 210,646 $13.8M Reduce -1.6%
RAMP Liveramp Holdings Inc. 1.32% 514,630 $13.6M Reduce -1.9%
ITGR Integer Holdings Corp. 1.30% 152,141 $13.4M Reduce -31.3%
FELE Franklin Electric Co. Inc. 1.27% 141,804 $13.1M Reduce -2.7%
OLLI Ollie's Bargain Outlet Holdi 1.19% 133,185 $12.3M Add +14.9%
BOOT Boot Barn Holdings Inc. 1.17% 82,060 $12.0M Reduce -22.4%
MBWM Mercantile Bank Corp. 1.10% 224,632 $11.3M Reduce -2.9%
ENOV Enovis Corp. 1.09% 495,060 $11.3M Reduce -6.2%
AMN Amn Healthcare Services Inc. 1.07% 598,497 $11.0M Add +57.3%
CASS Cass Information Systems Inc. 1.06% 248,938 $11.0M Reduce -2.9%
GPOR Gulfport Energy Corp. 1.05% 51,282 $10.8M New
PLPC Preformed Line Products Co. 1.04% 39,391 $10.7M New
IPAR Interparfums Inc. 1.01% 114,093 $10.4M Reduce -1.1%
KFRC Kforce Inc. 1.00% 351,847 $10.3M Reduce -6.8%
NTST Netstreit Corp. 0.99% 540,168 $10.2M Reduce -25.6%
MGRC McGrath Rentcorp 0.92% 85,814 $9.5M Reduce -0.7%
QLYS Qualys Inc. 0.88% 103,157 $9.1M Add +1743.4%
FTDR Frontdoor Inc. 0.86% 167,372 $8.8M New
CNMD Conmed Corp. 0.85% 248,977 $8.8M Reduce -7.4%
BLKB Blackbaud Inc. 0.85% 227,346 $8.8M Reduce -7.5%
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.78% 368,368 $8.1M Reduce -2.6%
SLP Simulations Plus Inc. 0.63% 548,416 $6.5M Add +5.3%
NVDA Nvidia Corp. 0.36% 21,095 $3.7M Reduce -2.3%
AAPL Apple Inc. 0.32% 12,925 $3.3M Reduce -2.3%
GOOG Alphabet Inc. Class C 0.26% 9,350 $2.7M Reduce -6.0%
MSFT Microsoft Corp. 0.23% 6,415 $2.4M Reduce -2.4%
AMZN Amazon.com Inc. 0.18% 8,835 $1.8M Reduce -2.2%
BURL Burlington Stores Inc. 0.15% 4,832 $1.6M Reduce -12.9%
AVGO Broadcom Inc. 0.15% 4,950 $1.5M Add +2.1%
META Meta Platforms Inc. Class A 0.13% 2,340 $1.3M Add +5.4%
ONTO Onto Innovation Inc. 0.12% 6,269 $1.3M Reduce -10.4%
CACI Caci International Inc. Class A 0.12% 2,347 $1.3M Add +1.0%
PR Permian Resources Corp. Class A 0.12% 56,666 $1.2M Reduce -23.4%
MKL Markel Group Inc. 0.11% 609 $1.2M Add +1.0%
SF Stifel Financial Corp. 0.11% 15,717 $1.2M Add +1.0%
SSB Southstate Bank Corp. 0.11% 11,763 $1.1M Add +1.0%
LAMR Lamar Advertising Co. Class A 0.10% 8,537 $1.1M Add +1.0%
JPM JPMorgan Chase & Co. 0.10% 3,570 $1.1M Reduce -2.7%
PTC PTC Inc. 0.10% 7,168 $1.0M Add +10.4%
TTEK Tetra Tech Inc. 0.10% 32,599 $982K Add +1.1%
CSL Carlisle Cos Inc. 0.10% 2,938 $980K Add +1.0%
XOM Exxon Mobil Corp. 0.09% 5,675 $963K Reduce -2.6%
CASY Casey's General Stores Inc. 0.09% 1,314 $956K Reduce -25.9%
LLY Eli Lilly & Co. 0.09% 1,010 $929K Reduce -2.4%
LECO Lincoln Electric Holdings 0.09% 3,611 $899K Add +1.0%
JLL Jones Lang Lasalle Inc. 0.08% 2,767 $842K Reduce -5.0%
RVTY Revvity Inc. 0.08% 9,552 $837K Add +1.0%
RTX RTX Corp. 0.08% 4,237 $817K Reduce -2.3%
RPM RPM International Inc. 0.08% 8,194 $814K Add +1.0%
AAON Aaon Inc. 0.08% 9,782 $809K Add +13.1%
ADC Agree Realty Corp. 0.08% 10,574 $797K Add +1.0%
TSLA Tesla Inc. 0.08% 2,120 $788K Reduce -0.7%
TSCO Tractor Supply Company 0.08% 17,319 $785K Add +1.0%
BR Broadridge Financial Solutio 0.08% 4,817 $783K Add +23.9%
WH Wyndham Hotels & Resorts Inc. 0.07% 9,090 $738K Add +1.0%
MA Mastercard Inc. Class A 0.07% 1,420 $710K Reduce -2.4%
EGP Eastgroup Properties Inc. 0.07% 3,790 $701K Add +1.0%
WMT Walmart Inc. 0.07% 5,605 $697K Reduce -1.4%
RS Reliance Inc. 0.07% 2,265 $688K Add +1.0%
DT Dynatrace Inc. 0.06% 17,852 $660K Add +25.9%
CFR Cullen/Frost Bankers Inc. 0.06% 4,801 $658K Reduce -34.9%
MANH Manhattan Associates Inc. 0.06% 4,918 $655K Add +23.3%
ICLR Icon PLC 0.06% 5,827 $645K Add +1.0%
RYAN Ryan Specialty Holdings Inc. 0.06% 18,793 $634K New
COST Costco Wholesale Corp. 0.06% 630 $628K Add +10.5%
ATR Aptargroup Inc. 0.06% 4,937 $622K New
CSX CSX Corp. 0.06% 15,100 $620K Reduce -1.9%
ABBV Abbvie Inc. 0.06% 2,805 $610K Reduce -1.8%
BLD Topbuild Corp. 0.06% 1,677 $589K Add +5.7%
NXST Nexstar Media Group Inc. 0.06% 3,220 $582K Reduce -14.5%
WFC Wells Fargo & Co. 0.06% 7,280 $580K Reduce -2.4%
RHI Robert Half Inc. 0.06% 22,580 $574K Add +1.0%
DPZ Domino's Pizza Inc. 0.06% 1,598 $573K Add +1.0%
UMBF Umb Financial Corp. 0.06% 5,072 $572K Reduce -96.1%
AMGN Amgen Inc. 0.05% 1,605 $565K Reduce -1.8%
CB Chubb Ltd. 0.05% 1,705 $556K Reduce -1.7%
MTZ Mastec Inc. 0.05% 1,715 $552K Reduce -35.3%
AME Ametek Inc. 0.05% 2,530 $542K Reduce -2.3%
SCHW Schwab (charles) Corp. 0.05% 5,650 $531K Reduce -1.4%
WM Waste Management Inc. 0.05% 2,290 $526K Reduce -2.4%
KO The Coca-Cola Co. 0.05% 6,770 $515K Add +13.4%
MS Morgan Stanley 0.05% 3,080 $507K Reduce -1.9%
APH Amphenol Corp. Class A 0.05% 3,985 $504K Reduce -3.6%
CME Cme Group Inc. 0.05% 1,675 $495K Reduce -2.0%
ORCL Oracle Corp. 0.05% 3,360 $494K No change
MWA Mueller Water Products Inc. Class A 0.05% 17,800 $489K Reduce -0.6%
NEE Nextera Energy Inc. 0.05% 5,260 $489K Reduce -1.1%
GLW Corning Inc. 0.05% 3,490 $475K Reduce -36.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.05% 3,975 $472K Reduce -1.9%
LIN Linde PLC 0.04% 930 $461K Reduce -2.6%
HD Home Depot Inc. 0.04% 1,385 $456K Reduce -2.5%
ANET Arista Networks Inc. 0.04% 3,630 $446K Reduce -3.5%
UTHR United Therapeutics Corp. 0.04% 730 $433K Reduce -4.0%
SO The Southern Co. 0.04% 4,475 $432K Add +17.0%
MPWR Monolithic Power Systems Inc. 0.04% 390 $426K No change
TMO Thermo Fisher Scientific Inc. 0.04% 865 $425K Reduce -1.1%
ABT Abbott Laboratories 0.04% 4,125 $424K Reduce -1.8%
MCHP Microchip Technology Inc. 0.04% 6,405 $414K Reduce -2.0%
AMT American Tower Corp. 0.04% 2,345 $405K Add +15.8%
NSSC Napco Security Technologies 0.04% 10,248 $404K Reduce -2.8%
EOG EOG Resources Inc. 0.04% 2,725 $394K Reduce -1.4%
PSX Phillips 66 0.04% 2,155 $393K Reduce -2.3%
EW Edwards Lifesciences Corp. 0.04% 4,890 $392K Reduce -2.6%
CTAS Cintas Corp. 0.04% 2,310 $391K Reduce -2.9%
NVT Nvent Electric PLC 0.04% 3,300 $390K New
FANG Diamondback Energy Inc. 0.04% 1,880 $372K No change
ATO Atmos Energy Corp. 0.04% 1,995 $369K Add +17.0%
FR First Industrial Realty TR 0.04% 6,320 $366K Reduce -0.8%
KMT Kennametal Inc. 0.04% 10,000 $361K New
MCO Moody's Corp. 0.03% 800 $349K Reduce -2.4%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.03% 2,710 $341K Add +21.5%
FAF First American Financial 0.03% 5,625 $339K Reduce -1.6%
FICO Fair Isaac Corp. 0.03% 312 $333K Add +37.4%
BKNG Booking Holdings Inc. 0.03% 79 $333K Reduce -1.3%
RCL Royal Caribbean Cruises Ltd. 0.03% 1,185 $326K Reduce -2.1%
DG Dollar General Corp. 0.03% 2,590 $308K No change
CHD Church & Dwight Co. Inc. 0.03% 3,090 $288K Reduce -1.6%
ORLY O'reilly Automotive Inc. 0.03% 3,070 $283K Reduce -1.9%
TXRH Texas Roadhouse Inc. 0.03% 1,715 $283K Reduce -1.7%
MIR Mirion Technologies Inc. 0.03% 14,800 $275K No change
TMUS T-Mobile US Inc. 0.03% 1,305 $274K Reduce -2.3%
SN Sharkninja Inc. 0.03% 2,570 $272K Reduce -2.3%
UFPT Ufp Technologies Inc. 0.02% 1,225 $237K No change
NIC Nicolet Bankshares Inc. 0.02% 1,550 $230K New
EQH Equitable Holdings Inc. 0.02% 6,135 $228K Reduce -1.3%
PCT Purecycle Technologies Inc. 0.01% 24,251 $126K Reduce -2.8%
FRAC FIRST HORIZON NATL CORP filed as FIRST HORIZON NAT'L FRACTIONAL 0.00% 72,825 $17 No change

Portfolio Sells Q4 2025 → Q1 2026

UMBF Umb Financial Corp. Reduce -96.1% 0.06% −1.41
CTS CTS Corp. Sold out 0.00% −1.13
CTRE Caretrust REIT Inc. Sold out 0.00% −0.98
UTZ Utz Brands Inc. Sold out 0.00% −0.95
WD Walker & Dunlop Inc. Sold out 0.00% −0.88
AMBA Ambarella Inc. Sold out 0.00% −0.75
BLKB Blackbaud Inc. Reduce -7.5% 0.85% −0.68
BOOT Boot Barn Holdings Inc. Reduce -22.4% 1.17% −0.67
KALU Kaiser Aluminum Corp. Reduce -24.3% 2.06% −0.57
ICFI Icf International Inc. Reduce -1.6% 1.33% −0.46
ITGR Integer Holdings Corp. Reduce -31.3% 1.30% −0.41
AEIS Advanced Energy Industries Reduce -43.1% 2.49% −0.39
ADUS Addus Homecare Corp. Reduce -2.9% 1.63% −0.32
GOLF Acushnet Holdings Corp. Reduce -29.3% 1.37% −0.31
STC Stewart Information Services Reduce -2.9% 1.54% −0.30
ENOV Enovis Corp. Reduce -6.2% 1.09% −0.29
SIGI Selective Insurance Group Reduce -2.3% 1.83% −0.28
NTST Netstreit Corp. Reduce -25.6% 0.99% −0.27
CSW CSW Industrials Inc. Reduce -2.9% 1.45% −0.26
MCRI Monarch Casino & Resort Inc. Reduce -13.8% 1.45% −0.26
CNMD Conmed Corp. Reduce -7.4% 0.85% −0.22
RAMP Liveramp Holdings Inc. Reduce -1.9% 1.32% −0.19
PATK Patrick Industries Inc. Reduce -12.1% 1.37% −0.17
KFY Korn Ferry Reduce -2.8% 1.69% −0.16
KFRC Kforce Inc. Reduce -6.8% 1.00% −0.15
BWIN Baldwin Insurance Group Inc./ Reduce -2.6% 0.78% −0.11
FELE Franklin Electric Co. Inc. Reduce -2.7% 1.27% −0.10
MSFT Microsoft Corp. Reduce -2.4% 0.23% −0.08
BRO Brown & Brown Inc. Sold out 0.00% −0.07
AUB Atlantic Union Bankshares Co. Reduce -2.9% 2.22% −0.07
ALG Alamo Group Inc. Reduce -1.1% 1.47% −0.07
FBIN Fortune Brands Innovations I Sold out 0.00% −0.07
MOH Molina Healthcare Inc. Sold out 0.00% −0.05
ENS Enersys Reduce -16.6% 1.70% −0.05
CPK Chesapeake Utilities Corp. Reduce -2.9% 1.50% −0.05
GOOG Alphabet Inc. Class C Reduce -6.0% 0.26% −0.05
IR Ingersoll-Rand Inc. Sold out 0.00% −0.05
NVDA Nvidia Corp. Reduce -2.3% 0.36% −0.04
AAPL Apple Inc. Reduce -2.3% 0.32% −0.04
SYF Synchrony Financial Sold out 0.00% −0.03
PAYC Paycom Software Inc. Sold out 0.00% −0.03
CFR Cullen/Frost Bankers Inc. Reduce -34.9% 0.06% −0.03
AMZN Amazon.com Inc. Reduce -2.2% 0.18% −0.03
POOL Pool Corp. Sold out 0.00% −0.02
LLY Eli Lilly & Co. Reduce -2.4% 0.09% −0.02
NXST Nexstar Media Group Inc. Reduce -14.5% 0.06% −0.02
TSLA Tesla Inc. Reduce -0.7% 0.08% −0.02
JLL Jones Lang Lasalle Inc. Reduce -5.0% 0.08% −0.01
JPM JPMorgan Chase & Co. Reduce -2.7% 0.10% −0.01
MA Mastercard Inc. Class A Reduce -2.4% 0.07% −0.01

Portfolio Buys Q4 2025 → Q1 2026

FBK FB Financial Corp. New 1.40% +1.40
MZTI The Marzetti Company Add +2280.4% 1.41% +1.34
GPOR Gulfport Energy Corp. New 1.05% +1.05
PLPC Preformed Line Products Co. New 1.04% +1.04
FTDR Frontdoor Inc. New 0.86% +0.86
QLYS Qualys Inc. Add +1743.4% 0.88% +0.81
POWI Power Integrations Inc. Add +7.3% 1.62% +0.56
AMN Amn Healthcare Services Inc. Add +57.3% 1.07% +0.47
CON Concentra Group Holdings Par Add +25.6% 1.48% +0.38
MMI Marcus & Millichap Inc. Add +24.5% 1.97% +0.32
SHO Sunstone Hotel Investors Inc. Add +15.1% 1.55% +0.19
DORM Dorman Products Inc. Add +33.6% 1.48% +0.15
SBCF Seacoast Banking Corp. Add +12.2% 2.39% +0.15
PBH Prestige Consumer Healthcare Add +16.5% 1.50% +0.14
MC Moelis & Co. Class A Add +28.8% 2.63% +0.13
RYAN Ryan Specialty Holdings Inc. New 0.06% +0.06
ATR Aptargroup Inc. New 0.06% +0.06
NVT Nvent Electric PLC New 0.04% +0.04
KMT Kennametal Inc. New 0.04% +0.04
NIC Nicolet Bankshares Inc. New 0.02% +0.02
AAON Aaon Inc. Add +13.1% 0.08% +0.01
COST Costco Wholesale Corp. Add +10.5% 0.06% +0.01
SO The Southern Co. Add +17.0% 0.04% +0.01
KO The Coca-Cola Co. Add +13.4% 0.05% +0.01
ATO Atmos Energy Corp. Add +17.0% 0.04% +0.01
SUI Sun Communities Inc. Add +21.5% 0.03% +0.01
WH Wyndham Hotels & Resorts Inc. Add +1.0% 0.07% +0.00
AMT American Tower Corp. Add +15.8% 0.04% +0.00
CSL Carlisle Cos Inc. Add +1.0% 0.10% +0.00
DT Dynatrace Inc. Add +25.9% 0.06% +0.00
ADC Agree Realty Corp. Add +1.0% 0.08% +0.00
RS Reliance Inc. Add +1.0% 0.07% +0.00
LECO Lincoln Electric Holdings Add +1.0% 0.09% +0.00
EGP Eastgroup Properties Inc. Add +1.0% 0.07% +0.00
CACI Caci International Inc. Class A Add +1.0% 0.12% +0.00
LAMR Lamar Advertising Co. Class A Add +1.0% 0.10% −0.00
SSB Southstate Bank Corp. Add +1.0% 0.11% −0.00
RPM RPM International Inc. Add +1.0% 0.08% −0.00
RHI Robert Half Inc. Add +1.0% 0.06% −0.00
MANH Manhattan Associates Inc. Add +23.3% 0.06% −0.00
FICO Fair Isaac Corp. Add +37.4% 0.03% −0.01
BLD Topbuild Corp. Add +5.7% 0.06% −0.01
TSCO Tractor Supply Company Add +1.0% 0.08% −0.01
RVTY Revvity Inc. Add +1.0% 0.08% −0.01
DPZ Domino's Pizza Inc. Add +1.0% 0.06% −0.01
BR Broadridge Financial Solutio Add +23.9% 0.08% −0.01
TTEK Tetra Tech Inc. Add +1.1% 0.10% −0.01
PTC PTC Inc. Add +10.4% 0.10% −0.01
META Meta Platforms Inc. Class A Add +5.4% 0.13% −0.01
MKL Markel Group Inc. Add +1.0% 0.11% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 135$1.2BNPO, COHU, ESE, DIOD, BHE
Q1 2026 164$1.0BESE, NPO, VIAV, MC, AEIS
Q4 2025 167$1.0BAEIS, ESE, NPO, KALU, MC
Q3 2025Amended 166$1.1BNPO, ESE, AEIS, MC, ITGR
Q2 2025 164$1.1BNPO, ITGR, ESE, MC, SIGI
Q1 2025 164$1.1BITGR, OLLI, NPO, SIGI, ESE
Q4 2024 211$1.3BITGR, BOOT, MC, NPO, OLLI
Q3 2024 210$1.3BITGR, BOOT, CSW, ICFI, MC
Q2 2024 213$1.2BITGR, ICFI, BOOT, OLLI, NPO
Q1 2024 212$1.2BITGR, NPO, SIGI, ICFI, SM