# EDGAR Filing Document

**Accession Number:** 0001441888
**File Stem:** 0001441888-25-000004
**Filing Date:** 2025-7
**Character Count:** 20186
**Document Hash:** 1ee4ac434301c48ae11260b0f2492c8b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001441888-25-000004.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001441888-25-000004

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**EFFECTIVENESS DATE**: 20250730

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tributary Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001441888

**ORGANIZATION NAME:**
- **EIN:** 201736988
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13245
- **FILM NUMBER:** 251167699

**BUSINESS ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** MS 3399
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197
- **BUSINESS PHONE:** 402-602-7200

**MAIL ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** MS 3399
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Tributary Capital Management LLC<br>**Address:** 1620 DODGE STREET<br>MS 3399<br>OMAHA, NE 68197

**Form 13F File Number:** 028-13245

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Elizabeth Nelson<br>**Title:** Compliance Specialist<br>**Phone:** 4026023571

**Signature, Place, and Date of Signing:**

Elizabeth Nelson  Omaha, NE  07-30-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 168

**Form 13F Information Table Value Total:** $1128307400

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                         | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | First National Advisers      | 028-22612              |  |  |
|     2 | First National Bank of Omaha | 028-00317              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABORATORIES COM | COM | 002824100 |  | 624286 | 4590 | SH |  | SOLE | 1 | 4590 | 0 | 0 |
| ABBVIE INC COM | COM | 00287Y109 |  | 566141 | 3050 | SH |  | SOLE | 1 | 3050 | 0 | 0 |
| ACUSHNET HLDGS CORP | COM | 005098108 |  | 17301649 | 237595 | SH |  | SOLE |  | 237595 | 0 | 0 |
| ADDUS HOMECARE CORP COM | COM | 006739106 |  | 21417277 | 185930 | SH |  | SOLE |  | 185930 | 0 | 0 |
| ADOBE SYSTEMS INC  (DE) | COM | 00724F101 |  | 487469 | 1260 | SH |  | SOLE | 1 | 1260 | 0 | 0 |
| ADVANCED ENERGY INDS INC COM | COM | 007973100 |  | 23717370 | 178999 | SH |  | SOLE |  | 178999 | 0 | 0 |
| AGREE REALTY CORP | COM | 008492100 |  | 1304486 | 17855 | SH |  | SOLE |  | 17855 | 0 | 0 |
| ALAMO GROUP INC | COM | 011311107 |  | 23114302 | 105844 | SH |  | SOLE |  | 105844 | 0 | 0 |
| ALPHABET INC CAP STK CL C | COM | 02079K107 |  | 1916699 | 10805 | SH |  | SOLE | 1 | 10805 | 0 | 0 |
| AMAZON.COM INC COM | COM | 023135106 |  | 2035939 | 9280 | SH |  | SOLE | 1 | 9280 | 0 | 0 |
| AMBARELLA INC | COM | G037AX101 |  | 14855112 | 224856 | SH |  | SOLE |  | 224856 | 0 | 0 |
| AMERICAN TOWER CORP CL A | COM | 03027X100 |  | 481824 | 2180 | SH |  | SOLE | 1 | 2180 | 0 | 0 |
| AMETEK INC NEW COM | COM | 031100100 |  | 511212 | 2825 | SH |  | SOLE | 1 | 2825 | 0 | 0 |
| AMGEN INC COM | COM | 031162100 |  | 494202 | 1770 | SH |  | SOLE | 1 | 1770 | 0 | 0 |
| AMN HEALTHCARE SERVICES INC | COM | 001744101 |  | 8987812 | 434824 | SH |  | SOLE |  | 434824 | 0 | 0 |
| AMPHENOL CORP CL A | COM | 032095101 |  | 685819 | 6945 | SH |  | SOLE | 1 | 6945 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 3063188 | 14930 | SH |  | SOLE | 1 | 14930 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 263643 | 1285 | SH |  | SOLE |  | 1285 | 0 | 0 |
| ARISTA NETWORKS | COM | 040413205 |  | 383662 | 3750 | SH |  | SOLE | 1 | 3750 | 0 | 0 |
| ATLANTIC UNION BANKSHARES CO | COM | 04911A107 |  | 23107049 | 738716 | SH |  | SOLE |  | 738716 | 0 | 0 |
| ATMOS ENERGY CORP COM | COM | 049560105 |  | 443837 | 2880 | SH |  | SOLE | 1 | 2880 | 0 | 0 |
| AVANOS MED INC | COM | 05350V106 |  | 9923213 | 810720 | SH |  | SOLE |  | 810720 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 |  | 286560 | 1800 | SH |  | SOLE | 1 | 1800 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 |  | 19635410 | 123338 | SH |  | SOLE |  | 123338 | 0 | 0 |
| BALDWIN INSURANCE GROUP INC | COM | 05589G102 |  | 18134530 | 423605 | SH |  | SOLE |  | 423605 | 0 | 0 |
| BENCHMARK ELECTRS INC | COM | 08160H101 |  | 17740573 | 456878 | SH |  | SOLE |  | 456878 | 0 | 0 |
| BLACKBAUD INC COM | COM | 09227Q100 |  | 17047177 | 265491 | SH |  | SOLE |  | 265491 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 497875 | 86 | SH |  | SOLE | 1 | 86 | 0 | 0 |
| BOOT BARN HOLDINGS INC | COM | 099406100 |  | 20442176 | 134488 | SH |  | SOLE |  | 134488 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS INC | COM | 11133T103 |  | 1309446 | 5388 | SH |  | SOLE |  | 5388 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 446252 | 4025 | SH |  | SOLE | 1 | 4025 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 754249 | 6803 | SH |  | SOLE |  | 6803 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 |  | 1845068 | 7931 | SH |  | SOLE |  | 7931 | 0 | 0 |
| CACI INTL INC | COM | 127190304 |  | 1533544 | 3217 | SH |  | SOLE |  | 3217 | 0 | 0 |
| CARETRUST REIT INC | COM | 14174T107 |  | 14774572 | 482829 | SH |  | SOLE |  | 482829 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 1349468 | 3614 | SH |  | SOLE |  | 3614 | 0 | 0 |
| CASEY'S GENERAL STORES INC | COM | 147528103 |  | 1875753 | 3676 | SH |  | SOLE |  | 3676 | 0 | 0 |
| CASS INFORMATION SYSTEMS INC | COM | 14808P109 |  | 12433356 | 286153 | SH |  | SOLE |  | 286153 | 0 | 0 |
| CHESAPEAKE UTILITIES CORP | COM | 165303108 |  | 16899450 | 140571 | SH |  | SOLE |  | 140571 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 541776 | 1870 | SH |  | SOLE | 1 | 1870 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 562243 | 5850 | SH |  | SOLE | 1 | 5850 | 0 | 0 |
| CINTAS CORP COM | COM | 172908105 |  | 581691 | 2610 | SH |  | SOLE | 1 | 2610 | 0 | 0 |
| CME GROUP INC COM | COM | 12572Q105 |  | 514031 | 1865 | SH |  | SOLE | 1 | 1865 | 0 | 0 |
| COCA COLA CO COM | COM | 191216100 |  | 679200 | 9600 | SH |  | SOLE | 1 | 9600 | 0 | 0 |
| COHU INC | COM | 192576106 |  | 12635524 | 656732 | SH |  | SOLE |  | 656732 | 0 | 0 |
| CORNING INC COM | COM | 219350105 |  | 420720 | 8000 | SH |  | SOLE | 1 | 8000 | 0 | 0 |
| COSTCO WHSL CORP NEW COM | COM | 22160K105 |  | 658310 | 665 | SH |  | SOLE | 1 | 665 | 0 | 0 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 17054916 | 59460 | SH |  | SOLE |  | 59460 | 0 | 0 |
| CSX CORP COM | COM | 126408103 |  | 283881 | 8700 | SH |  | SOLE | 1 | 8700 | 0 | 0 |
| CTS CORP | COM | 126501105 |  | 11702881 | 274651 | SH |  | SOLE |  | 274651 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 1179869 | 9179 | SH |  | SOLE |  | 9179 | 0 | 0 |
| DIAMONDBACK ENERGY INC COM | COM | 25278X109 |  | 292662 | 2130 | SH |  | SOLE | 1 | 2130 | 0 | 0 |
| DIODES INC | COM | 254543101 |  | 17757289 | 335740 | SH |  | SOLE |  | 335740 | 0 | 0 |
| DOMINOS PIZZA INC COM | COM | 25754A201 |  | 773230 | 1716 | SH |  | SOLE |  | 1716 | 0 | 0 |
| DORMAN PRODUCTS INC | COM | 258278100 |  | 15089391 | 123008 | SH |  | SOLE |  | 123008 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP COM | COM | 28176E108 |  | 424289 | 5425 | SH |  | SOLE | 1 | 5425 | 0 | 0 |
| ENERSYS | COM | 29275Y102 |  | 11739001 | 136866 | SH |  | SOLE |  | 136866 | 0 | 0 |
| ENOVIS CORP | COM | 194014502 |  | 18905972 | 602869 | SH |  | SOLE |  | 602869 | 0 | 0 |
| ENPRO INC | COM | 29355X107 |  | 32195541 | 168079 | SH |  | SOLE |  | 168079 | 0 | 0 |
| ENTEGRIS INC COM | COM | 29362U104 |  | 322761 | 4002 | SH |  | SOLE | 1 | 4002 | 0 | 0 |
| EOG RESOURCES INC | COM | 26875P101 |  | 351653 | 2940 | SH |  | SOLE | 1 | 2940 | 0 | 0 |
| EQUITABLE HOLDINGS INC | COM | 29452E101 |  | 379516 | 6765 | SH |  | SOLE | 1 | 6765 | 0 | 0 |
| ESCO TECHNOLOGIES INC COM | COM | 296315104 |  | 31081447 | 161992 | SH |  | SOLE |  | 161992 | 0 | 0 |
| EXLSERVICE HOLDINGS INC | COM | 302081104 |  | 20531160 | 468855 | SH |  | SOLE |  | 468855 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 680757 | 6315 | SH |  | SOLE | 1 | 6315 | 0 | 0 |
| FAIR ISAAC CORPORATION COM | COM | 303250104 |  | 396667 | 217 | SH |  | SOLE | 1 | 217 | 0 | 0 |
| FIRST AMERN FINL CORP COM | COM | 31847R102 |  | 381539 | 6215 | SH |  | SOLE | 1 | 6215 | 0 | 0 |
| FIRST HORIZON SHS | COM | dca517101 |  | 15 | 72825 | SH |  | SOLE |  | 72825 | 0 | 0 |
| FIRST INDUSTRIAL REALTY TRUST | COM | 32054K103 |  | 433651 | 9010 | SH |  | SOLE | 1 | 9010 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 496541 | 2880 | SH |  | SOLE | 1 | 2880 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS INC | COM | 34964C106 |  | 707593 | 13745 | SH |  | SOLE |  | 13745 | 0 | 0 |
| FRANKLIN ELEC INC | COM | 353514102 |  | 14721224 | 164043 | SH |  | SOLE |  | 164043 | 0 | 0 |
| HOME DEPOT INC COM | COM | 437076102 |  | 562792 | 1535 | SH |  | SOLE | 1 | 1535 | 0 | 0 |
| ICF INTERNATIONAL INC | COM | 44925C103 |  | 17365807 | 205003 | SH |  | SOLE |  | 205003 | 0 | 0 |
| ICON PLC SHS | COM | G4705A100 |  | 926662 | 6371 | SH |  | SOLE |  | 6371 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 21168693 | 183358 | SH |  | SOLE |  | 183358 | 0 | 0 |
| INGERSOLL RAND PLC SHS | COM | 45687V106 |  | 422138 | 5075 | SH |  | SOLE | 1 | 5075 | 0 | 0 |
| INTEGER HOLDINGS CORP | COM | 45826H109 |  | 31916863 | 259550 | SH |  | SOLE |  | 259550 | 0 | 0 |
| INTER PARFUMS INC | COM | 458334109 |  | 12525575 | 95389 | SH |  | SOLE |  | 95389 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 1394001 | 5450 | SH |  | SOLE |  | 5450 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1152392 | 3975 | SH |  | SOLE | 1 | 3975 | 0 | 0 |
| KAISER ALUMINUM CORP | COM | 483007704 |  | 20766010 | 259900 | SH |  | SOLE |  | 259900 | 0 | 0 |
| KFORCE INC | COM | 493732101 |  | 17627294 | 428575 | SH |  | SOLE |  | 428575 | 0 | 0 |
| KORN FERRY COMMON STOCK | COM | 500643200 |  | 23277509 | 317435 | SH |  | SOLE |  | 317435 | 0 | 0 |
| LAMAR ADVERTISING CO | COM | 512816109 |  | 1276950 | 10522 | SH |  | SOLE |  | 10522 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 281027 | 5420 | SH |  | SOLE | 1 | 5420 | 0 | 0 |
| LANCASTER COLONY CORP | COM | 513847103 |  | 934686 | 5410 | SH |  | SOLE |  | 5410 | 0 | 0 |
| LANTHEUS HOLDINGS INC | COM | 516544103 |  | 300426 | 3670 | SH |  | SOLE | 1 | 3670 | 0 | 0 |
| LGI HOMES INC | COM | 50187T106 |  | 10299518 | 199913 | SH |  | SOLE |  | 199913 | 0 | 0 |
| LILLY ELI  CO COM | COM | 532457108 |  | 880869 | 1130 | SH |  | SOLE | 1 | 1130 | 0 | 0 |
| LINCOLN ELECTRIC CO HOLDINGS | COM | 533900106 |  | 921123 | 4443 | SH |  | SOLE |  | 4443 | 0 | 0 |
| LINDE PLC | COM | G54950103 |  | 591167 | 1260 | SH |  | SOLE | 1 | 1260 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 14952190 | 65947 | SH |  | SOLE |  | 65947 | 0 | 0 |
| LIVERAMP HLDGS INC | COM | 53815P108 |  | 14955589 | 452651 | SH |  | SOLE |  | 452651 | 0 | 0 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 432459 | 2190 | SH |  | SOLE | 1 | 2190 | 0 | 0 |
| MARCUS  MILLICHAP INC | COM | 566324109 |  | 21368540 | 695817 | SH |  | SOLE |  | 695817 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 1747690 | 875 | SH |  | SOLE |  | 875 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 598209 | 3510 | SH |  | SOLE | 1 | 3510 | 0 | 0 |
| MASTERCARD INC CL A | COM | 57636Q104 |  | 885055 | 1575 | SH |  | SOLE | 1 | 1575 | 0 | 0 |
| MERCANTILE BANK CORP | COM | 587376104 |  | 11983493 | 258209 | SH |  | SOLE |  | 258209 | 0 | 0 |
| META PLATFORM INC | COM | 30303M102 |  | 1778797 | 2410 | SH |  | SOLE | 1 | 2410 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC COM | COM | 595017104 |  | 486960 | 6920 | SH |  | SOLE | 1 | 6920 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 3747984 | 7535 | SH |  | SOLE | 1 | 7535 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 279544 | 562 | SH |  | SOLE |  | 562 | 0 | 0 |
| MOELIS  CO | COM | 60786M105 |  | 25860580 | 414964 | SH |  | SOLE |  | 414964 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 866889 | 2910 | SH |  | SOLE |  | 2910 | 0 | 0 |
| MONARCH CASINO  RESORT INC | COM | 609027107 |  | 21323451 | 246685 | SH |  | SOLE |  | 246685 | 0 | 0 |
| MOODYS CORP COM | COM | 615369105 |  | 446415 | 890 | SH |  | SOLE | 1 | 890 | 0 | 0 |
| MORGAN STANLEY COM NEW | COM | 617446448 |  | 600768 | 4265 | SH |  | SOLE | 1 | 4265 | 0 | 0 |
| NAPCO SECURITY SYSTEMS INC | COM | 630402105 |  | 319108 | 10748 | SH |  | SOLE | 1 | 10748 | 0 | 0 |
| NETSTREIT CORP COM | COM | 64119V303 |  | 13715212 | 810113 | SH |  | SOLE |  | 810113 | 0 | 0 |
| NEXSTAR MEDIA GROUP INC | COM | 65336K103 |  | 810098 | 4684 | SH |  | SOLE |  | 4684 | 0 | 0 |
| NEXTERA ENERGY INC COM | COM | 65339F101 |  | 501212 | 7220 | SH |  | SOLE | 1 | 7220 | 0 | 0 |
| NORTHERN OIL  GAS INC COMMON | COM | 665531307 |  | 15103859 | 532764 | SH |  | SOLE |  | 532764 | 0 | 0 |
| NV5 GLOBAL INC | COM | 62945V109 |  | 15990287 | 692520 | SH |  | SOLE |  | 692520 | 0 | 0 |
| NVIDIA CORP COM | COM | 67066G104 |  | 3997147 | 25300 | SH |  | SOLE | 1 | 25300 | 0 | 0 |
| OLLIE'S BARGAIN OUTLET HLDGS | COM | 681116109 |  | 20635826 | 156593 | SH |  | SOLE |  | 156593 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 878293 | 8702 | SH |  | SOLE |  | 8702 | 0 | 0 |
| O'REILLY AUTOMOTIVE INC NEW CO | COM | 67103H107 |  | 305541 | 3390 | SH |  | SOLE | 1 | 3390 | 0 | 0 |
| ORIGIN BANCORP INC | COM | 68621T102 |  | 14671913 | 410518 | SH |  | SOLE |  | 410518 | 0 | 0 |
| PATRICK INDS INC | COM | 703343103 |  | 22560810 | 244509 | SH |  | SOLE |  | 244509 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 379496 | 1640 | SH |  | SOLE | 1 | 1640 | 0 | 0 |
| PERMIAN RESOURCES CORP | COM | 71424F105 |  | 1252604 | 91968 | SH |  | SOLE |  | 91968 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 278363 | 955 | SH |  | SOLE | 1 | 955 | 0 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 17715772 | 316919 | SH |  | SOLE |  | 316919 | 0 | 0 |
| PRESTIGE CONSUMER HEALTHCARE I | COM | 74112D101 |  | 11773164 | 147441 | SH |  | SOLE |  | 147441 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 1449207 | 8409 | SH |  | SOLE |  | 8409 | 0 | 0 |
| PURECYCLE TECH INC | COM | 74623V103 |  | 365804 | 26701 | SH |  | SOLE | 1 | 26701 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 623503 | 3915 | SH |  | SOLE | 1 | 3915 | 0 | 0 |
| QUALYS INC | COM | 74758T303 |  | 993518 | 6954 | SH |  | SOLE |  | 6954 | 0 | 0 |
| REVVITY INC | COM | 714046109 |  | 1151645 | 11907 | SH |  | SOLE |  | 11907 | 0 | 0 |
| ROBERT HALF INC | COM | 770323103 |  | 709221 | 17277 | SH |  | SOLE |  | 17277 | 0 | 0 |
| ROYAL CARIBBEAN CRUISES LTD | COM | V7780T103 |  | 490064 | 1565 | SH |  | SOLE | 1 | 1565 | 0 | 0 |
| RPM INTL INC COM | COM | 749685103 |  | 1110043 | 10106 | SH |  | SOLE |  | 10106 | 0 | 0 |
| RTX CORP | COM | 75513E101 |  | 694617 | 4757 | SH |  | SOLE | 1 | 4757 | 0 | 0 |
| SEACOAST BKG CORP FLA | COM | 811707801 |  | 20218783 | 732034 | SH |  | SOLE |  | 732034 | 0 | 0 |
| SELECTIVE INS GROUP INC | COM | 816300107 |  | 25043506 | 289019 | SH |  | SOLE |  | 289019 | 0 | 0 |
| SHARKNINJA INC | COM | G8068L108 |  | 279647 | 2825 | SH |  | SOLE | 1 | 2825 | 0 | 0 |
| SIMULATIONS PLUS INC | COM | 829214105 |  | 6304258 | 361276 | SH |  | SOLE |  | 361276 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 12370913 | 500644 | SH |  | SOLE |  | 500644 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 488076 | 5315 | SH |  | SOLE | 1 | 5315 | 0 | 0 |
| SOUTHSTATE CORP | COM | 840441109 |  | 1332226 | 14476 | SH |  | SOLE |  | 14476 | 0 | 0 |
| STEWART INFORMATION SERVICES C | COM | 860372101 |  | 19233155 | 295440 | SH |  | SOLE |  | 295440 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 1929893 | 18596 | SH |  | SOLE |  | 18596 | 0 | 0 |
| SUN CMNTYS INC COM | COM | 866674104 |  | 381367 | 3015 | SH |  | SOLE | 1 | 3015 | 0 | 0 |
| SUNSTONE HOTEL INVS INC NEW CO | COM | 867892101 |  | 12143450 | 1399015 | SH |  | SOLE |  | 1399015 | 0 | 0 |
| SUPERNUS PHARMACEUTICALS INC C | COM | 868459108 |  | 9726662 | 308587 | SH |  | SOLE |  | 308587 | 0 | 0 |
| SYNCHRONY FINL COM | COM | 87165B103 |  | 290319 | 4350 | SH |  | SOLE | 1 | 4350 | 0 | 0 |
| T MOBILE US INC | COM | 872590104 |  | 350242 | 1470 | SH |  | SOLE | 1 | 1470 | 0 | 0 |
| TESLA MOTORS INC. | COM | 88160R101 |  | 471725 | 1485 | SH |  | SOLE | 1 | 1485 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 1436854 | 39957 | SH |  | SOLE |  | 39957 | 0 | 0 |
| TEXAS ROADHOUSE INC CL A | COM | 882681109 |  | 360764 | 1925 | SH |  | SOLE | 1 | 1925 | 0 | 0 |
| TIMKEN CO COM | COM | 887389104 |  | 347877 | 4795 | SH |  | SOLE | 1 | 4795 | 0 | 0 |
| TOPBUILD CORP COM | COM | 89055F103 |  | 793163 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| TRACTOR SUPPLY CO COM | COM | 892356106 |  | 1416769 | 26848 | SH |  | SOLE |  | 26848 | 0 | 0 |
| UFP TECHNOLOGIES INC COM | COM | 902673102 |  | 334499 | 1370 | SH |  | SOLE | 1 | 1370 | 0 | 0 |
| UMB FINANCIAL CORP | COM | 902788108 |  | 15966447 | 151830 | SH |  | SOLE |  | 151830 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL C | COM | 91307C102 |  | 323269 | 1125 | SH |  | SOLE | 1 | 1125 | 0 | 0 |
| UTZ BRANDS INC | COM | 918090101 |  | 10973977 | 874421 | SH |  | SOLE |  | 874421 | 0 | 0 |
| VERIZON COMMUNICATIONS INC COM | COM | 92343V104 |  | 374285 | 8650 | SH |  | SOLE | 1 | 8650 | 0 | 0 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 11523222 | 1144312 | SH |  | SOLE |  | 1144312 | 0 | 0 |
| VITAL ENERGY INC COM | COM | 516806205 |  | 6263258 | 389264 | SH |  | SOLE |  | 389264 | 0 | 0 |
| WAL MART STORES INC COM | COM | 931142103 |  | 665393 | 6805 | SH |  | SOLE | 1 | 6805 | 0 | 0 |
| WALKER  DUNLOP INC | COM | 93148P102 |  | 11864430 | 168338 | SH |  | SOLE |  | 168338 | 0 | 0 |
| WASTE MANAGEMENT INC COM | COM | 94106L109 |  | 586923 | 2565 | SH |  | SOLE | 1 | 2565 | 0 | 0 |
| WELLS FARGO  CO NEW COM | COM | 949746101 |  | 650574 | 8120 | SH |  | SOLE | 1 | 8120 | 0 | 0 |
| WYNDHAM HOTELS  RESORTS INC C | COM | 98311A105 |  | 908090 | 11182 | SH |  | SOLE |  | 11182 | 0 | 0 |
| ZOETIS INC CL A | COM | 98978V103 |  | 402351 | 2580 | SH |  | SOLE | 1 | 2580 | 0 | 0 |

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