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Tieton Capital Management, LLC

CIK:0001381954
Asset Manager
$269M AUM
34 holdings
Yakima, WA, USA
Founded:2005
3 employees
Latest filing:Jun 30, 2025

Tieton Capital Management, LLC is an investment advisory firm headquartered in Yakima, Washington, founded in 2005. The firm specializes in small- and micro-cap equity portfolio management, serving institutional clients, foundations, endowments, and high-net-worth individuals. With a lean team of 3 investment professionals, Tieton Capital employs a fundamental research-driven approach focused on undervalued companies in niche markets.

Investment Strategy

Tieton Capital Management pursues concentrated portfolios of small and micro-cap U.S. equities, applying fundamental analysis to identify companies trading below intrinsic value. Their investment philosophy emphasizes long-term growth, seeking companies with sound finances, competitive advantages, and capable management teams. The strategy is oriented toward active portfolio management and high-conviction positions based on in-depth research and value discipline.

Latest 13F Filing Activity

Tieton Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 31 equity positions with a total 13F market value of $256M. The fund increased holdings in Harmony Biosciences, Geospace Technologies, Dhi Group among other positions. Tieton Capital Management, LLC reduced exposure to Motorcar Parts of America, Civitas Resources, Resources Connection among others.

Top Buys
H
HRMYHarmony Biosciences
+$7.5M
G
GEOSGeospace Technologies
+$6.0M
D
DHXDHI Group
+$4.5M
A
AVNWAviat Networks
+$3.0M
C
CUBICustomers Bancorp
+$2.3M
Top Sells
M
MPAAMotorcar Parts of America
-$6.4M
C
CIVICivitas Resources
-$1.5M
R
RGPResources Connection
-$1.1M
Z
ZUMZZumiez Inc
-$467.0K
E
EGYVAALCO Energy
-$314.0K

Top Holdings

C
CUBICustomers Bancorp
+6.5%$16.5M
A
AVNWAviat Networks
+6.0%$15.3M
G
GEOSGeospace Technologies
+4.8%$12.3M
E
ENVAEnova International
+4.6%$11.8M
B
BBSIBarrett Business Services
+4.0%$10.2M

Equity Positions (31)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
C
CUBI
Customers Bancorp6.46%$16.5M281,218$29.47$58.74+$2.3M
A
AVNW
Aviat Networks5.98%$15.3M636,760$18.43$24.05+$3.0M
G
GEOS
Geospace Technologies4.79%$12.3M859,177$12.86$14.26+$6.0M
E
ENVA
Enova International4.60%$11.8M105,605$23.04$111.52+$1.5M
B
BBSI
Barrett Business Services3.97%$10.2M243,533$20.31$41.69+$62.0K

Industry Allocation

STATE COMMERCIAL BANKS
+14.6%
PERSONAL CREDIT INSTITUTIONS
+8.0%
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
+6.0%
SERVICES-HELP SUPPLY SERVICES
+5.4%
SERVICES-BUSINESS SERVICES, NEC
+5.3%