SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Tieton Capital Management, LLC

CIK 0001381954 · 4700 TIETON DRIVE, SUITE C, YAKIMA, WA, 98908 · 509-965-6488

Reported Value
$181M
Q1 2022
Positions
32
Filings on Record
30
2019–present window
Filed
May 10, 2022
original filing

Summary

Tieton Capital Management, LLC reported $181M in U.S.-listed holdings across 32 positions for Q1 2022.

Its largest position, EGY, represents 8.1% of the portfolio.

Compared with Q4 2021, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+12.3%
vs prior filed quarter
Top-10 Concentration
+50.8%
share of reported value
Largest Position
+8.1%
Vaalco Energy
New / Exited
1 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $89MQ4 ’18Q1 ’19: $112MQ2 ’19: $114MQ3 ’19: $117MQ4 ’19: $125MQ4 ’19Q1 ’20: $62MQ2 ’20: $80MQ3 ’20: $101MQ4 ’20: $137MQ4 ’20Q1 ’21: $174MQ2 ’21: $188MQ3 ’21: $184MQ4 ’21: $179MQ4 ’21Q1 ’22: $181MQ2 ’22: $144MQ3 ’22: $142MQ4 ’22: $151MQ4 ’22Q1 ’23: $140MQ2 ’23: $156MQ3 ’23: $159MQ4 ’23: $178MQ4 ’23Q1 ’24: $191MQ2 ’24: $180MQ3 ’24: $193MQ4 ’24: $249MQ4 ’24Q1 ’25: $219MQ2 ’25: $256MQ3 ’25: $288MQ4 ’25: $292MQ4 ’25Q1 ’26: $299Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.6%Other: 10.4%
  • Common Stock · 89.6% · $162M
  • Other · 10.4% · $19M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PRIMPrimoris Services CorpNEW+41.2K41.2K+$982,000$982,000
NAGEChromadex CorpADDED+1.01M1.43M+$2M$4M
ACICUnited Insurance Holdings CorpADDED+1.22M1.87M+$3M$6M
BM TechnologiesADDED+321.8K581.6K+$3M$5M
MYGNMyriad GeneticsSOLD OUT−118.5K0−$3M$0
TriState Capital HldgsSOLD OUT−43.4K0−$1M$0
Fluent IncADDED+1.36M5.22M+$3M$11M
EGYVAALCO Energy IncTRIMMED−1.07M2.24M+$4M$15M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EGYVAALCO Energy Inchistory →COM8.08%$15M2.24M
2CIVICivitas Resourceshistory →COM6.32%$11M191.6K
3DHXDHI Grouphistory →COM6.01%$11M1.83M
4Fluent IncCOM5.99%$11M5.22M
5ENVAEnova International Inchistory →COM4.88%$9M232.7K
6MFINMedallion Financialhistory →COM4.55%$8M968.6K
7AdvanSix IncCOM3.89%$7M137.7K
8CUBICustomers Bancorphistory →COM3.76%$7M130.6K
9GRBKGreen Brick Partnershistory →COM3.70%$7M338.9K
10MPAAMotorcar Parts of Americahistory →COM3.64%$7M369.8K
11Guess IncCOM3.47%$6M287.2K
12ACICUnited Insurance Holdings Corphistory →COM3.42%$6M1.87M
13RMRegional Management Corphistory →COM3.39%$6M126.5K
14Vishay Precision GroupCOM3.22%$6M181.3K
15MYFWFirst Western Financialhistory →COM3.13%$6M181.1K
16CECOCECO Environmentalhistory →COM3.11%$6M1.02M
17NMIHNMI Holdingshistory →COM3.02%$5M265.4K
18BM TechnologiesCOM2.75%$5M581.6K
19KTCCKey Tronic Corphistory →COM2.43%$4M779.2K
20Hill InternationalCOM2.28%$4M2.53M
21BBSIBarrett Business Serviceshistory →COM2.20%$4M51.5K
22TCBITexas Capital Bancshareshistory →COM2.00%$4M63.0K
23NAGEChromadex Corphistory →COM1.94%$4M1.43M
24VBTXVeritex Holdings Inchistory →COM1.93%$4M91.7K
25Orion Energy SystemsCOM1.92%$3M1.24M
26GEOSGeospace Technologieshistory →COM1.78%$3M559.9K
27NATRNature's Sunshine Productshistory →COM1.76%$3M189.4K
28ADTRAN IncCOM1.74%$3M170.8K
29NPKINewpark Resources Inchistory →COM1.35%$2M670.0K
30TESSCO TechnologiesCOM1.27%$2M379.6K
31PRIMPrimoris Services CorpCOM0.54%$982,00041.2K
32Stabilis Energy IncCOM0.54%$971,000194.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$299M35May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$292M35Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$288M33Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$256M34Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$219M34May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$249M40Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$193M40Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$180M39Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$191M38May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$178M37Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$159M33Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$156M31Aug 15, 202313F-HRchanges · EDGAR ↗
Q1 2023$140M31May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$151M32Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$142M32Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$144M32Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$181M32May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$179M33Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$184M32Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$188M33Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$174M35May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$137M31Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$101M30Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$80M29Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$62M27May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$125M29Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$117M29Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$114M29Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$112M30May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$89M30Feb 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.