Tieton Capital Management, LLC Concentrated Active

Name: Tieton Capital Management, LLC Q2 2026 13F Filing | 13F Explorer
Creator: Tieton Capital Management, LLC
Published: 2026-08-10

Location: Yakima, WA

CIK: 0001381954 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 10, 2026

Total Value: $348M

Holdings (37)

New Positions (3)

IBEX IBEX Limited 2.4%

Value $8.353M Shares 275,035 Est. Cost $30.37 Unrealized —

GCT GigaCloud Technology 1.8%

Value $6.257M Shares 197,995 Est. Cost $31.60 Unrealized —

RCKY Rocky Brands 1.2%

Value $4M Shares 96,984 Est. Cost $41.24 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IBEX	IBEX Limited	275,035	$8.353M	2.4%	$30.37	—	—	G4690M101
GCT	GigaCloud Technology	197,995	$6.257M	1.8%	$31.60	—	—	G38644103
RCKY	Rocky Brands	96,984	$4M	1.2%	$41.24	—	—	774515100

Increased Positions (9)

CLMB Climb Global Solutions 4.6%

Value $15.95M (+49.5%) Shares 687,131 (+27.7%) Est. Cost $89.85 Unrealized —

EML Eastern Company 1.7%

Value $6.049M (+293.6%) Shares 217,210 (+186.0%) Est. Cost $24.55 Unrealized —

BBSI Barrett Business Services 3.3%

Value $11.35M (+47.4%) Shares 319,390 (+21.1%) Est. Cost $30.87 Unrealized —

MGPI MGP Ingredients 3.2%

Value $11.25M (+43.3%) Shares 642,260 (+50.4%) Est. Cost $22.22 Unrealized —

FORR Forrester Research 1.8%

Value $6.37M (+101.3%) Shares 757,476 (+35.5%) Est. Cost $7.98 Unrealized —

RGP Resources Connection 3.4%

Value $11.97M (+30.9%) Shares 2,817,636 (+14.9%) Est. Cost $4.34 Unrealized —

ZUMZ Zumiez Inc 2.3%

Value $7.936M (+37.5%) Shares 445,863 (+71.2%) Est. Cost $20.91 Unrealized —

OESX Orion Energy Systems 1.0%

Value $3.326M (+42.8%) Shares 284,526 (+6.8%) Est. Cost $7.57 Unrealized —

SLNG Stabilis Solutions 0.3%

Value $950K (-5.1%) Shares 234,505 (+4.5%) Est. Cost $5.07 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CLMB	Climb Global Solutions	687,131 (+27.7%)	$15.95M (+49.5%)	4.6%	$89.85	—	—	946760105
EML	Eastern Company	217,210 (+186.0%)	$6.049M (+293.6%)	1.7%	$24.55	—	—	276317104
BBSI	Barrett Business Services	319,390 (+21.1%)	$11.35M (+47.4%)	3.3%	$30.87	—	—	068463108
MGPI	MGP Ingredients	642,260 (+50.4%)	$11.25M (+43.3%)	3.2%	$22.22	—	—	55303J106
FORR	Forrester Research	757,476 (+35.5%)	$6.37M (+101.3%)	1.8%	$7.98	—	—	346563109
RGP	Resources Connection	2,817,636 (+14.9%)	$11.97M (+30.9%)	3.4%	$4.34	—	—	76122Q105
ZUMZ	Zumiez Inc	445,863 (+71.2%)	$7.936M (+37.5%)	2.3%	$20.91	—	—	989817101
OESX	Orion Energy Systems	284,526 (+6.8%)	$3.326M (+42.8%)	1.0%	$7.57	—	—	686275207
SLNG	Stabilis Solutions	234,505 (+4.5%)	$950K (-5.1%)	0.3%	$5.07	—	—	85236P101

Exited Positions (1)

SM SM Energy Company 1.7%

Value $5.901M Shares 189,263 Est. Cost $19.89 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SM	SM Energy Company	189,263	$5.901M	1.7%	$19.89	—	—	78454L100

Decreased Positions (20)

ENVA Enova International 7.6%

Value $26.58M (+73.1%) Shares 110,400 (-2.3%) Est. Cost $155.96 Unrealized —

VPG Vishay Precision Group 0.1%

Value $347K (-96.7%) Shares 2,315 (-99.0%) Est. Cost $46.22 Unrealized —

MYE Myers Industries 4.7%

Value $16.32M (+63.5%) Shares 462,230 (-1.9%) Est. Cost $14.37 Unrealized —

ADTN ADTRAN Holdings 2.3%

Value $7.931M (-39.1%) Shares 570,542 (-44.9%) Est. Cost $9.58 Unrealized —

LOCO El Pollo Loco Holdings 5.0%

Value $17.54M (+19.6%) Shares 1,033,917 (-2.2%) Est. Cost $10.87 Unrealized —

EGY VAALCO Energy 2.7%

Value $9.324M (-21.9%) Shares 1,835,340 (-2.5%) Est. Cost $4.62 Unrealized —

NAGE Niagen Bioscience 1.8%

Value $6.407M (-28.4%) Shares 2,008,470 (-1.0%) Est. Cost $3.23 Unrealized —

HRMY Harmony Biosciences 3.2%

Value $11.17M (+28.0%) Shares 306,781 (-1.5%) Est. Cost $32.77 Unrealized —

DHX DHI Group 3.4%

Value $11.74M (+23.8%) Shares 3,165,444 (-6.2%) Est. Cost $2.00 Unrealized —

CUBI Customers Bancorp 5.8%

Value $20.26M (+11.5%) Shares 256,178 (-2.1%) Est. Cost $75.82 Unrealized —

MFIN Medallion Financial 3.0%

Value $10.3M (+16.5%) Shares 1,008,564 (-2.3%) Est. Cost $5.27 Unrealized —

MYFW First Western Financial 1.7%

Value $6.013M (+28.7%) Shares 187,274 (-1.5%) Est. Cost $25.92 Unrealized —

NPKI NPK International 3.8%

Value $13.06M (+7.8%) Shares 820,845 (-1.8%) Est. Cost $7.02 Unrealized —

DLTH Duluth Holdings 0.9%

Value $3.255M (+37.9%) Shares 726,508 (-2.8%) Est. Cost $2.32 Unrealized —

TCBI Texas Capital Bancshrs 3.4%

Value $11.88M (+6.5%) Shares 115,045 (-2.1%) Est. Cost $100.08 Unrealized —

AVNW Aviat Networks 4.3%

Value $15.02M (-2.9%) Shares 676,440 (-1.2%) Est. Cost $23.15 Unrealized —

ACIC American Coastal Insurance 4.0%

Value $13.93M (-2.8%) Shares 1,254,880 (-1.5%) Est. Cost $5.07 Unrealized —

CMT Core Molding Tech 3.1%

Value $10.67M (+3.6%) Shares 452,030 (-1.7%) Est. Cost $17.18 Unrealized —

— Primoris Services Corp 0.1%

Value $341K (-45.4%) Shares 3,443 (-21.1%) Est. Cost $61.31 Unrealized —

NBBK NB Bancorp 3.3%

Value $11.55M (-1.0%) Shares 546,600 (-1.3%) Est. Cost $19.13 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ENVA	Enova International	110,400 (-2.3%)	$26.58M (+73.1%)	7.6%	$155.96	—	—	29357K103
VPG	Vishay Precision Group	2,315 (-99.0%)	$347K (-96.7%)	0.1%	$46.22	—	—	92835K103
MYE	Myers Industries	462,230 (-1.9%)	$16.32M (+63.5%)	4.7%	$14.37	—	—	628464109
ADTN	ADTRAN Holdings	570,542 (-44.9%)	$7.931M (-39.1%)	2.3%	$9.58	—	—	00486H105
LOCO	El Pollo Loco Holdings	1,033,917 (-2.2%)	$17.54M (+19.6%)	5.0%	$10.87	—	—	268603107
EGY	VAALCO Energy	1,835,340 (-2.5%)	$9.324M (-21.9%)	2.7%	$4.62	—	—	91851C201
NAGE	Niagen Bioscience	2,008,470 (-1.0%)	$6.407M (-28.4%)	1.8%	$3.23	—	—	171077407
HRMY	Harmony Biosciences	306,781 (-1.5%)	$11.17M (+28.0%)	3.2%	$32.77	—	—	413197104
DHX	DHI Group	3,165,444 (-6.2%)	$11.74M (+23.8%)	3.4%	$2.00	—	—	23331S100
CUBI	Customers Bancorp	256,178 (-2.1%)	$20.26M (+11.5%)	5.8%	$75.82	—	—	23204G100
MFIN	Medallion Financial	1,008,564 (-2.3%)	$10.3M (+16.5%)	3.0%	$5.27	—	—	583928106
MYFW	First Western Financial	187,274 (-1.5%)	$6.013M (+28.7%)	1.7%	$25.92	—	—	33751L105
NPKI	NPK International	820,845 (-1.8%)	$13.06M (+7.8%)	3.8%	$7.02	—	—	651718504
DLTH	Duluth Holdings	726,508 (-2.8%)	$3.255M (+37.9%)	0.9%	$2.32	—	—	26443V101
TCBI	Texas Capital Bancshrs	115,045 (-2.1%)	$11.88M (+6.5%)	3.4%	$100.08	—	—	88224Q107
AVNW	Aviat Networks	676,440 (-1.2%)	$15.02M (-2.9%)	4.3%	$23.15	—	—	05366Y201
ACIC	American Coastal Insurance	1,254,880 (-1.5%)	$13.93M (-2.8%)	4.0%	$5.07	—	—	910710102
CMT	Core Molding Tech	452,030 (-1.7%)	$10.67M (+3.6%)	3.1%	$17.18	—	—	218683100
—	Primoris Services Corp	3,443 (-21.1%)	$341K (-45.4%)	0.1%	$61.31	—	—	74164f103
NBBK	NB Bancorp	546,600 (-1.3%)	$11.55M (-1.0%)	3.3%	$19.13	—	—	63945M107

Unchanged Positions (5)

GEOS Geospace Technologies 1.8%

Value $6.142M Shares 907,265 Est. Cost $15.59 Unrealized —

RM Regional Management 3.8%

Value $13.11M Shares 318,259 Est. Cost $36.28 Unrealized —

KTCC Key Tronic Corp 0.9%

Value $3.143M Shares 760,930 Est. Cost $7.60 Unrealized —

FLNT Fluent Inc 1.3%

Value $4.387M Shares 1,176,147 Est. Cost $3.31 Unrealized —

BGSF BGSF Inc 1.0%

Value $3.617M Shares 633,407 Est. Cost $5.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GEOS	Geospace Technologies	907,265	$6.142M	1.8%	$15.59	—	—	37364X109
RM	Regional Management	318,259	$13.11M	3.8%	$36.28	—	—	75902K106
KTCC	Key Tronic Corp	760,930	$3.143M	0.9%	$7.60	—	—	493144109
FLNT	Fluent Inc	1,176,147	$4.387M	1.3%	$3.31	—	—	34380C201
BGSF	BGSF Inc	633,407	$3.617M	1.0%	$5.61	—	—	05601C105