Tributary Capital Management portfolio

What changed this quarter

185 positions with a change (79 new, 14 added to, 88 trimmed, 4 sold); also, 1 entered through an IPO. 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Cohu−38%fewer sharesReduced
  3.1% → 2.0%
• MYR Group+1.0 ppof portfolioNew
  — → 1.1%
• UFP Technologies+1.0 ppof portfolioNew
  — → 1.1%
• Enovis−0.9 ppof portfolioSold out
  0.9% → —
• Diodes−32%fewer sharesReduced
  3.0% → 2.0%
• First Business Financial Services+0.8 ppof portfolioNew
  — → 0.9%
• Enpro−25%fewer sharesReduced
  3.8% → 2.6%
• Benchmark Electronics−25%fewer sharesReduced
  2.8% → 2.0%
• AMN Healthcare Services−29%fewer sharesReduced
  1.6% → 1.4%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• EnproNPO2.6%
• Esco TechnologiesESE2.5%
• MoelisMC2.3%
• Seacoast Banking Corporation of FloridaSBCF2.2%
• Concentra Group Holdings ParentCON2.1%
• Atlantic Union BanksharesAUB2.0%
• COHUCOHU2.0%
• DiodesDIOD2.0%
• Benchmark ElectronicsBHE2.0%
• Addus HomeCareADUS1.9%
• FB FinancialFBK1.9%
• Marcus & MillichapMMI1.8%
• Exlservice HoldingsEXLS1.8%
• Chesapeake UtilitiesCPK1.8%
• Selective Insurance GroupSIGI1.8%
• Integer HoldingsITGR1.8%
• IdacorpIDA1.7%
• Sunstone Hotel InvestorsSHO1.7%
• LittelfuseLFUS1.7%
• LiveRamp HoldingsRAMP1.6%
• BalchemBCPC1.6%
• Northern Oil and GasNOG1.6%
• QualysQLYS1.6%
• Dorman ProductsDORM1.6%
• Viavi SolutionsVIAV1.5%
• ePlusPLUS1.5%
• ICF InternationalICFI1.5%
• Ollie's Bargain Outlet HoldingsOLLI1.5%
• Quaker ChemicalKWR1.5%
• EnerSysENS1.4%
• Alamo GroupALG1.4%
• CSW IndustrialsCSW1.4%
• MarzettiMZTI1.4%
• AMN Healthcare ServicesAMN1.4%
• Power IntegrationsPOWI1.4%
• Origin BancorpOBK1.4%
• KforceKFRC1.4%
• Advanced Energy IndustriesAEIS1.3%
• FrontdoorFTDR1.3%
• Korn FerryKFY1.3%
• Monarch Casino & ResortMCRI1.2%
• Preformed Line ProductsPLPC1.2%
• Cavco IndustriesCVCO1.2%
• Prestige Consumer HealthcarePBH1.2%
• Q2 HoldingsQTWO1.2%
• Boot Barn HoldingsBOOT1.2%
• MYR GroupMYRG1.1%
• CASS Information SystemsCASS1.1%
• Mercantile BankMBWM1.1%
• Franklin ElectricFELE1.1%
• Stewart Information ServicesSTC1.1%
• InterparfumsIPAR1.1%
• UFP TechnologiesUFPT1.1%
• ConmedCNMD1.0%
• Baldwin Insurance GroupBWIN1.0%
• McGRATH RENTCORPMGRC1.0%
• Gulfport EnergyGPOR1.0%
• AARAIR1.0%
• First Business Financial ServicesFBIZ0.9%
• BlackbaudBLKB0.8%
• NetstreitNTST0.8%
• Kaiser AluminumKALU0.8%
• Acushnet HoldingsGOLF0.8%
• Simulations PlusSLP0.8%
• Patrick IndustriesPATK0.6%
• AppleAAPL0.4%
• NVIDIANVDA0.3%
• MicrosoftMSFT0.3%
• AlphabetGOOG0.3%
• PTCPTC0.2%
• RevvityRVTY0.2%
• Markel GroupMKL0.2%
• Amazon.comAMZN0.2%
• RYAN Specialty HoldingsRYAN0.2%
• Broadridge Financial SolutionsBR0.2%
• JPMorgan ChaseJPM0.2%
• Tetra TechTTEK0.1%
• BroadcomAVGO0.1%
• Tractor SupplyTSCO0.1%
• ONTO InnovationONTO0.1%
• Meta PlatformsMETA0.1%
• Abbott LaboratoriesABT0.1%
• CACI InternationalCACI0.1%
• Southstate BankSSB0.1%
• IconICLR0.1%
• Northern TrustNTRS0.1%
• Stifel FinancialSF0.1%
• PepsicoPEP0.1%
• Union PacificUNP0.1%
• Quest DiagnosticsDGX0.1%
• DynatraceDT0.1%
• Burlington StoresBURL0.1%
• Walt DisneyDIS0.1%
• Lamar AdvertisingLAMR0.1%
• Exxon MobilXOM0.1%
• Permian ResourcesPR0.1%
• MKSMKSI0.1%
• RTXRTX0.1%
• Eli LillyLLY0.1%
• MastercardMA0.1%