1y return+29.5%S&P 500 +20.9%
3y return+44.3%S&P 500 +68.5%
5y return+48.8%S&P 500 +74.5%
10y return+171.3%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $271 against $357 in the S&P 500.2
Tributary Capital Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NPOEnpro Inc | $45.7M | 3.8% | −2.9% |
| COHUCohu Inc | $38.0M | 3.1% | −25.1% |
| ESEEsco Technologies Inc Com | $36.3M | 3.0% | −26.3% |
| DIODDiodes Inc | $35.9M | 3.0% | −3.8% |
| BHEBenchmark Electrs Inc | $34.0M | 2.8% | −13.2% |
| MCMoelis & Co | $30.1M | 2.5% | −3.5% |
| POWIPower Integrations Inc | $27.8M | 2.3% | +2.0% |
| SBCFSeacoast Bkg Corp Fla | $26.6M | 2.2% | −1.7% |
| AUBAtlantic Union Bankshares Co | $26.2M | 2.2% | −2.9% |
| SIGISelective Ins Group Inc | $23.6M | 1.9% | −2.9% |
| IDAIdacorp Inc | $23.3M | 1.9% | −3.0% |
| MMIMarcus & Millichap Inc | $23.1M | 1.9% | −2.9% |
| ENSEnersys | $22.7M | 1.9% | −3.6% |
| AEISAdvanced Energy Inds Inc Com | $21.8M | 1.8% | −26.5% |
| LFUSLittelfuse Inc | $21.0M | 1.7% | −18.5% |
| CONConcentra Group Holdings Par | $20.6M | 1.7% | −2.9% |
| FBKFb Finl Corp | $20.5M | 1.7% | +33.5% |
| DORMDorman Products Inc | $20.3M | 1.7% | +2.0% |
| VIAVViavi Solutions Inc | $19.7M | 1.6% | −49.8% |
| SHOSunstone Hotel Invs Inc New Co | $19.7M | 1.6% | −2.9% |
| AMNAmn Healthcare Services Inc | $19.5M | 1.6% | |
| BCPCBalchem Corp | $18.9M | 1.6% | −4.7% |
| RAMPLiveramp Hldgs Inc | $18.8M | 1.5% | −2.9% |
| KFYKorn Ferry Common Stock | $17.9M | 1.5% | −2.9% |
| OBKOrigin Bancorp Inc | $17.7M | 1.5% | −2.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| BHEBenchmark Electrs Inc | June 30, 2020 | +356.8% | $34.0M |
| AEISAdvanced Energy Inds Inc Com | March 31, 2022 | +333.2% | $21.8M |
| VIAVViavi Solutions Inc | June 30, 2023 | +321.4% | $19.7M |
| CSWCsw Industrials Inc | June 30, 2020 | +302.7% | $15.5M |
| NPOEnpro Inc | March 31, 2022 | +285.7% | $45.7M |
| ENSEnersys | June 30, 2020 | +263.2% | $22.7M |
| ESEEsco Technologies Inc Com | March 31, 2024 | +227.0% | $36.3M |
| LFUSLittelfuse Inc | June 30, 2020 | +166.9% | $21.0M |
| KALUKaiser Aluminum Corp | June 30, 2020 | +165.7% | $14.8M |
| COHUCohu Inc | June 30, 2024 | +123.3% | $38.0M |
Sold off last quarter
- Exxon Mobil CorpCUSIP 30231G102 was $963K
- WMTWal Mart Stores Inc Com was $697K
- CSXCsx Corp Com was $620K
- ABBVAbbvie Inc Com was $610K
- Topbuild Corp ComCUSIP 89055F103 was $589K
- WFCWells Fargo & Co New Com was $580K
- RHIRobert Half Inc was $574K
- UMBFUmb Financial Corp was $572K
- AMGNAmgen Inc Com was $565K
- SCHWSchwab Charles Corp New Com was $531K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +22.0% | +14.8% |
| March 31, 2026 | +4.3% | −4.6% |
| December 31, 2025 | −1.2% | +2.4% |
| September 30, 2025 | +2.9% | +7.8% |
| June 30, 2025 | +3.6% | +10.5% |
| March 31, 2025 | −8.7% | −4.6% |
| December 31, 2024 | −2.8% | +2.1% |
| September 30, 2024 | +10.6% | +5.4% |
| June 30, 2024 | −1.6% | +4.0% |
| March 31, 2024 | +4.6% | +10.0% |
| December 31, 2023 | +12.6% | +11.2% |
| September 30, 2023 | −5.4% | −3.6% |
| June 30, 2023 | +4.8% | +8.3% |
| March 31, 2023 | +3.9% | +7.0% |
| December 31, 2022 | +9.1% | +7.1% |
| September 30, 2022 | −4.5% | −5.3% |
| June 30, 2022 | −11.1% | −16.5% |
| March 31, 2022 | −7.3% | −4.9% |
| December 31, 2021 | +11.3% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tributary Capital Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1441888&type=13F-HR&dateb=&owner=include&count=40CIK 1441888
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1441888/000144188826000008/Filed July 23, 2026 · accession 0001441888-26-000008