Q2 2026 13F · SEC CIK 1381954

Tieton Capital Management, LLC

Asset managerFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $347.8M
Reported positions: 37
Top holdings a year, 3 yrs: +20.7%
Assets under management: $314.0M

Tieton Capital Management, LLC is an asset manager that reported 37 positions worth $347.8M in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Enova Intl Inc (ENVA, 7.6%), Customers Bancorp, Inc. (CUBI, 5.8%), El Pollo Loco Hldgs Inc (LOCO, 5.0%). A portfolio copying its top holdings returned 20.7% a year over the last 3 years, against 20.4% for the S&P 500.

Tieton Capital Management, LLC holdings all 37 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Tieton Capital Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
ENVAEnova Intl Inc	7.6%	5.1%	110,400	-2.3%	$26.6M
CUBICustomers Bancorp, Inc.	5.8%	6.1%	256,178	-2.1%	$20.3M
LOCOEl Pollo Loco Hldgs Inc	5.0%	4.9%	1,033,917	-2.2%	$17.5M
MYEMyers Inds Inc	4.7%	3.3%	462,230	-1.9%	$16.3M
CLMBClimb Global Solutions Inc.	4.6%	3.6%	687,131	+27.7%	$15.9M
AVNWAviat Networks Inc	4.3%	5.2%	676,440	-1.2%	$15.0M
ACICAmerican Coastal Insurance	4.0%	4.8%	1,254,880	-1.5%	$13.9M
RMRegional Management	3.8%	3.5%	318,259	-0.6%	$13.1M
NPKINpk International Inc	3.8%	4.1%	820,845	-1.8%	$13.1M
RGPResources Connection Inc	3.4%	3.1%	2,817,636	+14.9%	$12.0M
TCBITexas Cap Bancshares Inc Com	3.4%	3.7%	115,045	-2.1%	$11.9M
DHXDHI Group	3.4%	3.2%	3,165,444	-6.2%	$11.7M
NBBKNb Bancorp Inc	3.3%	3.9%	546,600	-1.3%	$11.6M
BBSIBarrett Business Svcs Inc	3.3%	2.6%	319,390	+21.1%	$11.3M
MGPIMGP Ingredients	3.2%	2.6%	642,260	+50.4%	$11.3M
HRMYHarmony Biosciences Holdings I	3.2%	2.9%	306,781	-1.5%	$11.2M
CMTCore Molding Tech	3.1%	3.5%	452,030	-1.7%	$10.7M
MFINMedallion Financial Corp	3.0%	3.0%	1,008,564	-2.3%	$10.3M
EGYVaalco Energy Inc	2.7%	4.0%	1,835,340	-2.5%	$9.3M
IBEXIbex Ltd	2.4%	New	275,035	—	$8.4M
ZUMZZumiez Inc	2.3%	1.9%	445,863	+71.2%	$7.9M
ADTNAdtran Holdings Inc	2.3%	4.4%	570,542	-44.9%	$7.9M
CDXCNiagen Bioscience Inc	1.8%	3.0%	2,008,470	-1.0%	$6.4M
FORRForrester Research Inc	1.8%	1.1%	757,476	+35.5%	$6.4M
GCTGigacloud Technology Inc	1.8%	New	197,995	—	$6.3M
GEOSGeospace Technologies Corp Com	1.8%	3.7%	907,265	-0.5%	$6.1M
EMLEastern Company	1.7%	0.5%	217,210	+186.0%	$6.0M
MYFWFirst Western Financial	1.7%	1.6%	187,274	-1.5%	$6.0M
FLNTFluent Inc	1.3%	1.2%	1,176,147	+0.3%	$4.4M
RCKYRocky Brands	1.1%	New	96,984	—	$4.0M
BGSFBGSF Inc	1.0%	1.4%	633,407	+0.4%	$3.6M
OESXOrion Energy Systems Inc	1.0%	0.8%	284,526	+6.8%	$3.3M
DLTHDuluth Holdings	0.9%	0.8%	726,508	-2.8%	$3.3M
KTCCKey Tronic Corp	0.9%	0.7%	760,930	+0.3%	$3.1M
SLNGStabilis Solutions	0.3%	0.3%	234,505	+4.5%	$950K
VPGVishay Precision Group Inc	0.1%	3.5%	2,315	-99.0%	$347K
PRIMPrimoris Services Corp	0.1%	0.2%	3,443	-21.1%	$341K

What Tieton Capital Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +23.4% /yr; S&P 500 +20.1%
3 years: +20.7% /yr; S&P 500 +20.4%
5 years: +14.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$347.8M	37
Q1 2026	$298.6M	35
Q4 2025	$292.4M	35
Q3 2025	$288.1M	33
Q2 2025	$255.9M	34
Q1 2025	$218.7M	34
Q4 2024	$248.7M	40
Q3 2024	$193.1M	40
Q2 2024	$180.0M	39
Q1 2024	$190.8M	38
Q4 2023	$177.5M	37
Q3 2023	$158.7M	33

Questions about Tieton Capital Management, LLC's portfolio

What stocks does Tieton Capital Management, LLC own?

Tieton Capital Management, LLC's latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 37 positions worth $347.8M. The largest are Enova Intl Inc (ENVA) at 7.6%, Customers Bancorp, Inc. (CUBI) at 5.8%, El Pollo Loco Hldgs Inc (LOCO) at 5.0%, Myers Inds Inc (MYE) at 4.7% and Climb Global Solutions Inc. (CLMB) at 4.6%.

What did Tieton Capital Management, LLC buy last quarter?

In Q2 2026, Tieton Capital Management, LLC added a new position in Ibex Ltd (IBEX), a new position in Gigacloud Technology Inc (GCT), a new position in Rocky Brands (RCKY), Eastern Company (EML) (+186.0% shares), Zumiez Inc (ZUMZ) (+71.2% shares) and MGP Ingredients (MGPI) (+50.4% shares), compared with its Q1 2026 filing.

What did Tieton Capital Management, LLC sell last quarter?

In Q2 2026, Tieton Capital Management, LLC sold all of Sm Energy Company (SM), Vishay Precision Group Inc (VPG) (-99.0% shares), Adtran Holdings Inc (ADTN) (-44.9% shares) and Primoris Services Corp (PRIM) (-21.1% shares), compared with its Q1 2026 filing.

How has Tieton Capital Management, LLC's portfolio performed?

A portfolio copying Tieton Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +23.4% against +20.1%. Over 5 years: +14.8% a year against +11.6%.

When is Tieton Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Tieton Capital Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Tieton Capital Management, LLC manage?

Tieton Capital Management, LLC reported $314.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $347.8M.