TLF Tandy Leather Factory Inc

CUSIP No. 87538X105


1.      Names of Reporting Persons.
        I.R.S. Identification Nos. of above persons (entities only).

        Beddow Capital Management Incorporated  94-3116578
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2.      Check the Appropriate Box if a Member of a Group (See Instructions)
        (a)...............................................................

        (b)...............................................................


3.      SEC Use Only.

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4.      Citizenship or Place of Organization

        Wyoming
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Number of       5. Sole Voting Power                560,218
Shares                                          ------------
Beneficially    6. Shared voting Power              -0-
Owned by                                        ------------
Each Reporting  7. Sole Dispositive Power           -0-
Person With                                     ------------
                8. Shared Dispositive Power         560,218
                                                ------------

9.      Aggregate Amount Beneficially Owned by Each Reporting Person  560,218
                                                                      -------

10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares
        (See Instructions)

11.     Percent of Class Represented by Amount in Row (9)    6.04%
                                                          ---------

12.     Type of Reporting Person (See Instructions)          IA
                                                          ---------


Item 1.

      (a)       Name of Issuer

                TANDY LEATHER FACTORY, INC.
                ----------------------------------------------------------

      (b)       Address of Issuer's Principal Executive Offices

                1900 SOUTHEAST LOOP 820, FORT WORTH, TEXAS  76140
                ----------------------------------------------------------

Item 2.

      (a)       Name of Person Filing

                Beddow Capital Management Incorporated
                ----------------------------------------------------------

      (b)       Address of Principal Business Office or, if none, Residence

                199 E Pearl Avenue, Suite 102; P.O. Box 530
                Jackson, WY  83001
                ----------------------------------------------------------

      (c)       Citizenship

                WYOMING
                ----------------------------------------------------------

      (d)       Title of Class of Securities

                Common Stock
                ----------------------------------------------------------

      (e)       CUSIP Number

                87538X105
                ----------------------------------------------------------


Item 3. If this statement is filed pursuant to 240.13d-1(b) or
        240.13d-2(b) or (c), check whether the person filing is a:

      (a)[   ]Broker or dealer registered under section 15 of the Act.

      (b)[   ]Bank as defined in section 3(a)(6) of the Act.

      (c)[   ]Insurance company as defined in section 3(a)(19) of the Act.

      (d)[   ]Investment company registered under section 8 of the
              Investment Company Act of 1940.

      (e)[ X ]An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);

      (f)[   ]An employee benefit plan or endowment fund in accordance with
              240.13d-1(b)(1)(ii)(F);

      (g)[   ]A parent holding company or control person in accordance
              with 240.13d-1(b)(1)(ii)(G);

      (h)[   ]A savings associations as defined in Section 3(b) of the
              Federal Deposit Insurance Act (12 U.S.C. 1813);

      (i)[   ]A church plan that is excluded from the definition of
              an investment company under section 3(c)(14) of
              the Investment Company Act of 1940 (15 U.S.C. 80a-3);

      (j)[   ]Group, in accordance with 240.13d-1(b)(1)(ii)(J).


Item 4. Ownership.

      (a)  Amount beneficially owned:  560,218

Beddow Capital Management Incorporated ("BCMI"), in its capacity as
investment adviser, may be deemed to be the beneficial owner of 560,218
shares of the Issuer which are owned by various investment
advisory clients of BCMI in accounts over which BCMI has discretionary
authority.  The filing of this report shall not be construed as an
admission that BCMI is, for purposes of Section 13(d)and 13(g) of the Act,
the beneficial owner of these securities.

      (b)  Percent of class: 6.04%


      (c)  Number of shares as to which the person has:

        (i)  Sole power to vote or to direct the vote: 560,218

        (ii) Shared power to vote or to direct the vote: -0-

        (iii)Sole power to dispose or to direct the disposition of: -0-

        (iv) Shared power to dispose or to direct the disposition of: 560,218

Item 5. Ownership of Five Percent or Less of a Class

        Not Applicable


Item 6. Ownership of More than Five Percent on Behalf of Another Person.

The securities as to which this Schedule is filed by BCMI, in its capacity
as investment adviser, are owned beneficially by various investment advisory
client accounts of BCMI.  Those clients have the right to receive, or the
power to direct the receipt of, dividends from, or the proceeds from the
sale of, such securities. No such client is known to have such right or
power with respect to more than five percent of this class of securities.

Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company or Control Person.

        Not Applicable

Item 8. Identification and Classification of Members of the Group

        Not Applicable

Item 9. Notice of Dissolution of Group

        Not Applicable

Item 10.Certification

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.


                                SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.

                                BEDDOW CAPITAL MANAGEMENT INCORPORATED

                                        JANUARY 31, 2018
                                        ------------------------------
                                              Date

                                        /s/ Edward G. Beddow
                                        ------------------------------
                                              Signature

                                        Edward G. Beddow, Chief Compliance Officer
                                        ------------------------------
                                              Name/Title