SEC 13F Intelligence

Managers / Q3 2024 · view latest →

Tieton Capital Management, LLC

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

Reported Value
$193M
Q3 2024
Positions
40
Filings on Record
30
2019–present window
Filed
Nov 12, 2024
original filing

Summary

Tieton Capital Management, LLC reported $193M in U.S.-listed holdings across 40 positions for Q3 2024.

Its largest position, ACIC, represents 5.8% of the portfolio.

Compared with Q2 2024, the fund opened 19 new positions and exited 18.

Portfolio Metrics

Turnover
+51.3%
vs prior filed quarter
Top-10 Concentration
+47.1%
share of reported value
Largest Position
+5.8%
American Coastal Insurance
New / Exited
19 / 18
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: 50.9%Other: 49.0%ADR: 0.1%
  • Common Stock · 50.9% · $98M
  • Other · 49.0% · $95M
  • ADR · 0.1% · $184,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Enova InternationalNEW+131.9K131.9K+$11M$11M
Customers BancorpNEW+236.2K236.2K+$11M$11M
VAALCO EnergyNEW+1.47M1.47M+$8M$8M
Civitas ResourcesNEW+158.3K158.3K+$8M$8M
Geospace TechnologiesNEW+720.9K720.9K+$7M$7M
Regional ManagementNEW+206.7K206.7K+$7M$7M
Texas Capital BancshrsNEW+91.5K91.5K+$7M$7M
ADTRAN HoldingsNEW+962.4K962.4K+$6M$6M

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

Holdings — Q3 2024

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACICAmerican Coastal Insurancehistory →COM5.82%$11M998.0K
2Enova InternationalCOM5.72%$11M131.9K
3Customers BancorpCOM5.68%$11M236.2K
4NAGEChromaDex Corphistory →COM5.59%$11M2.96M
5VAALCO EnergyCOM4.36%$8M1.47M
6CLMBClimb Global Solutionshistory →COM4.23%$8M82.0K
7Civitas ResourcesCOM4.15%$8M158.3K
8BBSIBarrett Business Serviceshistory →COM3.97%$8M204.2K
9Geospace TechnologiesCOM3.86%$7M720.9K
10MPAAMotocar Parts of Americahistory →COM3.72%$7M972.4K
11VBTXVeritex Holdingshistory →COM3.60%$7M263.9K
12Regional ManagementCOM3.50%$7M206.7K
13Texas Capital BancshrsCOM3.39%$7M91.5K
14MFINMedallion Financialhistory →COM3.38%$7M802.9K
15SSTKShutterstock Inchistory →COM3.00%$6M163.7K
16NPKINewpark Resourceshistory →COM2.96%$6M823.6K
17ADTRAN HoldingsCOM2.96%$6M962.4K
18Resources ConnectionCOM2.90%$6M578.1K
19CMTCore Molding Technologyhistory →COM2.51%$5M282.0K
20Guess IncCOM2.47%$5M237.0K
21DHI GroupCOM2.31%$4M2.42M
22ZUMZZumiez Inchistory →COM2.31%$4M209.1K
23BGSF IncCOM2.18%$4M499.8K
24Vishay Precision GroupCOM2.04%$4M152.2K
25Primoris Services CorpCOM1.83%$4M61.0K
26KTCCKey Tronic Corphistory →COM1.80%$3M608.5K
27MYEMyers Industrieshistory →COM1.77%$3M246.9K
28Fluent IncCOM1.60%$3M845.0K
29MYFWFirst Western Financialhistory →COM1.56%$3M150.8K
30Duluth Holdings IncCOM1.16%$2M593.7K
31Orion Energy SystemsCOM0.94%$2M2.12M
32BM TechnologiesCOM0.84%$2M479.6K
33AVNWAviat NetworksCOM0.66%$1M59.2K
34Stabilis SolutionsCOM0.41%$785,000165.6K
35NATRNature's Sunshine ProductsCOM0.28%$538,00039.5K
36AMZNAmazon.com IncCOM0.19%$373,0002.0K
37CECOCECO EnvironmentalCOM0.15%$291,00010.3K
38Hon Hai Precision CoCOM0.09%$172,00029.2K
39RYCEYRolls Royce HoldingsCOM0.07%$140,00019.8K
40NOKNokia CorpCOM0.02%$44,00010.0K

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 ↗.