Tributary Capital Management, LLC Q4 2022 vs. Q1 2023 Holdings Analysis: Insights and Trends Revealed

Tributary Capital Management, LLC recently released its latest 13F holdings report, showing a comparison of its Q4 2022 and Q1 2023 holdings. The report highlights the changes in the firm's holdings, including the issuers' names, option types, and the corresponding shares and values.

One of the significant changes in Tributary Capital Management, LLC's portfolio is the reduction of its holdings in Selective Ins Group Inc (SIGI). The firm sold 14,559 shares, representing a 4.5% decrease from its Q4 2022 position and a 2.8% reduction in value. Meanwhile, Comfort Systems USA Inc (FIX) saw an increase in its holdings, with Tributary Capital Management, LLC acquiring 6,255 more shares in Q1 2023.

Tributary Capital Management, LLC also increased its holdings in ICF International Inc (ICFI), purchasing an additional 52,538 shares, equivalent to a 46% increase from its Q4 2022 position. Enersys (ENS) is another issuer that received an increase in holdings, with the firm acquiring 7,356 more shares.

On the other hand, Enpro Industries Inc (NPO) saw a decrease in its holdings, with Tributary Capital Management, LLC selling 1,306 shares, representing a 3.7% reduction in value. Monarch Casino & Resort Inc (MCRI) is another issuer with a decrease in holdings, with the firm selling off 22,641 shares, equivalent to an 11.8% reduction in value.

Interestingly, while Tributary Capital Management, LLC did not have any holdings in Hostess Brands Inc (TWNK) in Q4 2022, it acquired 499,709 shares in Q1 2023. The firm also made its first purchase of Apple Inc (AAPL) with 20,057 shares acquired, and added to its existing holdings in Microsoft Corp (MSFT) and Alphabet Inc Cap Stk CL C (GOOG).

In conclusion, Tributary Capital Management, LLC's Q4 2022 vs. Q1 2023 13F holdings comparison holds interesting insights for investors. The analysis shows a mix of both increases and decreases in holdings across various issuers, highlighting the firm's strategy in managing its portfolio.