Tributary Capital Management, LLC
Tributary Capital Management, LLC is an asset management firm headquartered in Omaha, Nebraska. Originally founded as an asset management division of First National Bank, the firm specializes in managing investment portfolios for institutional clients, such as pension funds, retirement plans, endowments, foundations, and select high-net-worth individuals. As of mid-2025, the firm manages over $1.1 billion in assets and employs investment professionals providing active management solutions across equity and fixed income markets.
Investment Strategy
Tributary Capital Management employs a fundamental, research-driven active management approach across both equity and fixed income strategies. The firm focuses on delivering consistent, long-term outperformance by investing in high-quality businesses with sustainable competitive advantages and prudent risk management. Tributary Capital's strategies often emphasize small- and mid-cap equities as well as customized fixed income solutions tailored for institutional mandates.
Top Holdings
Equity Positions (89)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NPO | ENPRO INC | 3.43% | $72.3M | 319,740 | $156.86 | $226.00 | +$40.1M |
E ESE | ESCO TECHNOLOGIES INC COM | 3.12% | $65.8M | 311,910 | $158.13 | $211.11 | +$34.8M |
A AEIS | ADVANCED ENERGY INDS INC COM | 2.78% | $58.6M | 344,654 | $125.95 | $170.14 | +$34.9M |
M MC | MOELIS & CO | 2.68% | $56.6M | 793,600 | $51.68 | $71.32 | +$30.7M |
I ITGR | INTEGER HOLDINGS CORP | 2.45% | $51.6M | 499,776 | $93.39 | $103.33 | +$19.7M |
Industry Allocation
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
N Nick Nevole | Securities Analyst | Omaha, NE , United States | |
R Ryan Khoury | Senior Equity Analyst | Omaha, NE , United States |