We are live on ! Find out more
TCM

Tributary Capital Management Portfolio holdings

AUM $1.22B
1-Year Est. Return 44.12%
This Fund
S&P 500
This Quarter Est. Return
+3.27%
1 Year Est. Return
+44.12%
3 Year Est. Return
+82.34%
5 Year Est. Return
+109.28%
10 Year Est. Return
+466.43%
AUM
$1.38B
AUM Growth
-$41.8M
Cap. Flow
-$67.5M
Cap. Flow %
-4.9%
Top 10 Hldgs %
21.5%
Holding
223
New
16
Increased
31
Reduced
145
Closed
19

Top Buys

Rank Stock Value
1
ICFI icon
ICF International
ICFI
+$13.2M
2
ONTO icon
Onto Innovation
ONTO
+$12.5M
3
GTY
Getty Realty Corp
GTY
+$12.1M
4
DORM icon
Dorman Products
DORM
+$5.93M
5
ONB icon
Old National Bancorp
ONB
+$3.67M

Top Sells

Rank Stock Value
1
NCI
Navigant Consulting, Inc.
NCI
+$22.6M
2
CBM
Cambrex Corporation
CBM
+$16.8M
3
MSGN
MSG Networks Inc.
MSGN
+$13.8M
4
SIGI icon
Selective Insurance
SIGI
+$12.8M
5
CACI icon
CACI
CACI
+$12.2M

Sector Composition

Rank Sector Weight
1 Financials 19.37%
2 Technology 16.77%
3 Industrials 15.16%
4 Healthcare 10.42%
5 Consumer Discretionary 9.84%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TTEK icon
1
Tetra Tech
TTEK
$8.23B
$36.4M 2.64%
2,095,430
-76,385
-4% -$1.25M
LHCG
2
DELISTED
LHC Group LLC
LHCG
$31.5M 2.29%
277,545
-11,274
-4% -$1.36M
IDA icon
3
Idacorp
IDA
$8.23B
$30.7M 2.23%
272,153
-9,866
-3% -$1.05M
AMN icon
4
AMN Healthcare
AMN
$1.28B
$30.1M 2.19%
523,453
-18,392
-3% -$1.02M
IART icon
5
Integra LifeSciences
IART
$1.54B
$29.5M 2.14%
490,604
-17,825
-4% -$1.06M
SF
6
Stifel
SF
$12.3B
$27.8M 2.02%
1,089,794
-39,591
-4% -$995K
UBSI icon
7
United Bankshares
UBSI
$6.55B
$27.7M 2.01%
731,681
-26,469
-3% -$980K
SIGI icon
8
Selective Insurance
SIGI
$5.74B
$27.6M 2%
367,158
-166,215
-31% -$12.8M
DEA
9
Easterly Government Properties
DEA
$1.18B
$27.5M 2%
517,242
-18,728
-3% -$930K
AUB icon
10
Atlantic Union Bankshares
AUB
$5.99B
$27.3M 1.99%
733,916
-26,573
-3% -$971K
NXST icon
11
Nexstar Media Group
NXST
$5.6B
$26.9M 1.95%
262,904
-10,003
-4% -$1.01M
FWRD icon
12
Forward Air
FWRD
$482M
$26.9M 1.95%
421,388
-15,116
-3% -$926K
DORM icon
13
Dorman Products
DORM
$4.01B
$26.3M 1.91%
330,264
+76,380
+30% +$5.93M
CACI icon
14
CACI
CACI
$10.8B
$26.1M 1.9%
112,847
-56,580
-33% -$12.2M
ONB icon
15
Old National Bancorp
ONB
$10.1B
$24.5M 1.78%
1,425,432
+215,242
+18% +$3.67M
MTSC
16
DELISTED
MTS Systems Corp
MTSC
$23.9M 1.73%
431,983
-15,611
-3% -$892K
EXLS icon
17
EXL Service
EXLS
$4.23B
$23.8M 1.72%
1,773,670
-64,170
-3% -$857K
SSB icon
18
SouthState Bank Corp
SSB
$10.3B
$23.6M 1.72%
313,854
-11,371
-3% -$857K
MMI icon
19
Marcus & Millichap
MMI
$1.15B
$22.8M 1.65%
642,020
-24,396
-4% -$832K
AMWD
20
DELISTED
American Woodmark
AMWD
$22.2M 1.61%
249,880
-9,098
-4% -$752K
LTC
21
LTC Properties
LTC
$2.16B
$22.1M 1.6%
431,201
-15,596
-3% -$752K
BCPC
22
Balchem Corp
BCPC
$5.23B
$21.4M 1.56%
216,102
-7,795
-3% -$743K
SMP icon
23
Standard Motor Products
SMP
$861M
$20.6M 1.5%
425,148
+56,965
+15% +$2.61M
SXT icon
24
Sensient Technologies
SXT
$5.4B
$20.4M 1.48%
297,673
-11,017
-4% -$750K
ARGO
25
DELISTED
Argo Group International Holdings, Ltd.
ARGO
$20.4M 1.48%
290,829
-11,035
-4% -$763K
1
2 3 4 5

Similar funds

DPI
Diversified Portfolios Inc Bloomfield Hills, Michigan $1.22B AUM 11.83% 1-Year Est. Return
KB
Kimelman & Baird New York $1.22B AUM 11.47% 1-Year Est. Return
NPIC
Neumeier Poma Investment Counsel Carmel, California $1.21B AUM 70.48% 1-Year Est. Return
AG
Atairos Group Bryn Mawr, Pennsylvania $1.22B AUM 38.2% 1-Year Est. Return
CCM
Coliseum Capital Management Rowayton, Connecticut $1.22B AUM 18.72% 1-Year Est. Return
GC
Gillson Capital Chicago, Illinois $1.22B AUM 7.54% 1-Year Est. Return
CS
Central Securities New York $1.21B AUM 19.91% 1-Year Est. Return
TIM
Tortoise Investment Management White Plains, New York $1.21B AUM 13.04% 1-Year Est. Return

Tributary Capital Management's Q3 2019 Portfolio in Review

As of Q3 2019, Tributary Capital Management held 223 positions worth $1.38B, down 2.9% from $1.42B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Tributary Capital Management withdrew a net $67.5M in Q3 2019, closing 19 positions and reducing 145 holdings. Its most notable exit was Navigant Consulting, Inc., an estimated $22.6M position sold in full.

By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Industrials.

Against the trend, Tributary Capital Management opened a new position in ICF International worth $13.7M.

  • Tributary Capital Management's largest Q3 2019 buy was ICF International: 162,726 shares worth $13.7M.
  • Tributary Capital Management added most to Dorman Products in Q3 2019, an estimated $5.93M increase.
  • Tributary Capital Management's biggest Q3 2019 reduction was Selective Insurance, cutting an estimated $12.8M.
  • Tributary Capital Management fully exited Navigant Consulting, Inc. in Q3 2019, selling an estimated $22.6M.
  • Tributary Capital Management's ten largest holdings make up 22% of its $1.38B portfolio in Q3 2019.
  • Tributary Capital Management opened 16 new positions and closed 19 in Q3 2019.
  • Tributary Capital Management's portfolio value fell 2.9% quarter-over-quarter to $1.38B.

Based on Tributary Capital Management's 13F filing for Q3 2019, filed 15 Oct 2019.