Front Street Capital Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), Front Street Capital Management, Inc. reported 63 stock positions worth $524.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.9% of the portfolio, followed by General Electric (GE, 9.3%) and Lumen Technologies (LUMN, 8.8%). Compared with Q4 2024, it opened 2 new positions, sold out of 7, added to 18 and reduced 37. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +10%) and the biggest sale Coherent (COHR, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- MISSOULA, MT
- CIK
- 0001683182
- Portfolio Value
- $524.3M (Q1 2025)
- SEC Filing
- 0001683182-25-000003 ↗ filed May 16, 2025
Holdings Value
Holdings 63 stocks · $524.3M
| BRK.B Berkshire Hathaway Inc. Class B | 9.90% | 98,446 | $51.9M | Add +10.4% |
| GE General Electric Company | 9.33% | 244,357 | $48.9M | Reduce -6.2% |
| LUMN Lumen Technologies Inc. filed as Centurytel Inc Com | 8.85% | 11,836,953 | $46.4M | Add +0.1% |
| CGNX Cognex Corp. | 7.87% | 1,387,075 | $41.3M | Add +8.6% |
| VOO Vanguard S&P 500 ETF | 7.62% | 77,791 | $40.0M | Add +9.1% |
| MTW Manitowoc Company Inc. | 5.41% | 3,302,675 | $28.4M | Reduce -2.0% |
| DHR Danaher Corp. | 4.84% | 123,796 | $25.4M | Reduce -5.1% |
| COST Costco Wholesale Corp. | 4.82% | 26,731 | $25.3M | Reduce -19.5% |
| ESAB Esab Corp. | 3.61% | 162,462 | $18.9M | Reduce -6.6% |
| GEV GE Vernova Inc. | 3.39% | 58,299 | $17.8M | Reduce -8.1% |
| JOE The St Joe Co. | 3.20% | 357,053 | $16.8M | Reduce -16.1% |
| MLKN Millerknoll Inc. | 2.22% | 609,293 | $11.7M | Reduce -4.4% |
| NUE Nucor Corp. | 1.99% | 86,813 | $10.4M | Reduce -11.6% |
| GLW Corning Inc. | 1.91% | 218,298 | $10.0M | Reduce -11.7% |
| ENOV Enovis Corp. | 1.89% | 259,777 | $9.9M | Add +0.9% |
| TEX Terex Corp. | 1.88% | 260,837 | $9.9M | Reduce -8.3% |
| COHR Coherent Corp. | 1.48% | 119,723 | $7.8M | Reduce -4.2% |
| ATS Ats Corp. | 1.37% | 288,962 | $7.2M | Add +2.9% |
| VNT Vontier Corp. | 1.34% | 214,023 | $7.0M | Add +0.1% |
| AAPL Apple Inc. | 1.34% | 31,632 | $7.0M | Reduce -3.8% |
| LITE Lumentum Holdings Inc. | 1.30% | 109,368 | $6.8M | Reduce -6.1% |
| CIEN Ciena Corp. | 1.16% | 100,372 | $6.1M | Reduce -9.7% |
| GPN Global Payments Inc. | 1.16% | 61,925 | $6.1M | Reduce -5.7% |
| MOD Modine Manufacturing Co. | 1.14% | 77,930 | $6.0M | Add +0.5% |
| GEHC GE Healthcare Technology | 1.08% | 69,938 | $5.6M | Reduce -3.6% |
| PH Parker Hannifin Corp. | 1.03% | 8,919 | $5.4M | Reduce -0.2% |
| MSFT Microsoft Corp. | 0.77% | 10,621 | $4.0M | Add +0.1% |
| VLTO Veralto Corp. | 0.77% | 41,456 | $4.0M | Reduce -4.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.66% | 12,509 | $3.4M | Add +248.9% |
| PG The Procter & Gamble Co. | 0.65% | 20,494 | $3.4M | Add +88.4% |
| CMCO Columbus McKinnon Corp. | 0.62% | 191,361 | $3.2M | Add +249.3% |
| MKL Markel Group Inc. | 0.60% | 1,683 | $3.1M | Add +169.7% |
| MCD McDonald's Corp. | 0.58% | 9,706 | $3.0M | Reduce -0.4% |
| VFTAX Vanguard Ftse Soc Indx-Adm | 0.40% | 39,832 | $2.1M | New |
| TILE Interface Inc. | 0.37% | 97,577 | $1.9M | Reduce -4.5% |
| EXPD Expeditors Intl Wash Inc. | 0.34% | 14,989 | $1.8M | Reduce -45.8% |
| FRFHF Fairfax Financial Hldgs Ltd. | 0.28% | 1,025 | $1.5M | No change |
| SWPPX Schwab S&P 500 Index-Sel | 0.27% | 16,145 | $1.4M | New |
| IP International Paper Co. | 0.22% | 21,175 | $1.1M | Add +57.7% |
| PYPL PayPal Holdings Inc. | 0.19% | 14,921 | $996K | Add +76.5% |
| NVDA Nvidia Corp. | 0.17% | 8,386 | $912K | Reduce -11.8% |
| GBCI Glacier Bancorp Inc. | 0.16% | 19,122 | $846K | Reduce -25.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 1,405 | $786K | Reduce -30.4% |
| AMZN Amazon.com Inc. | 0.15% | 4,144 | $783K | Add +28.5% |
| SBUX Starbucks Corp. | 0.14% | 7,577 | $743K | Reduce -15.3% |
| GOOGL Alphabet Inc. Class A | 0.14% | 4,620 | $720K | Add +18.2% |
| KE Kimball Electronics Inc. | 0.13% | 42,714 | $703K | Reduce -40.3% |
| ROL Rollins Inc. | 0.11% | 10,907 | $589K | Reduce -6.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.11% | 14,014 | $585K | Reduce -84.2% |
| CVX Chevron Corp. | 0.10% | 3,231 | $541K | Reduce -65.8% |
| KO The Coca-Cola Co. | 0.10% | 7,185 | $515K | Reduce -1.8% |
| CL Colgate-Palmolive Co. | 0.09% | 5,106 | $478K | No change |
| GOOG Alphabet Inc. Class C | 0.09% | 3,030 | $473K | Reduce -3.2% |
| VZ Verizon Communications Inc. | 0.07% | 7,915 | $359K | Add +0.3% |
| NOC Northrop Grumman Corp. | 0.06% | 628 | $322K | No change |
| WFC Wells Fargo & Co. | 0.06% | 4,030 | $289K | Reduce -51.2% |
| TSLA Tesla Inc. | 0.05% | 977 | $253K | No change |
| JPM JPMorgan Chase & Co. | 0.05% | 985 | $242K | Reduce -37.5% |
| ETN Eaton Corp. PLC | 0.05% | 889 | $242K | No change |
| JNJ Johnson & Johnson | 0.05% | 1,440 | $239K | Reduce -13.8% |
| BDC Belden Inc. | 0.04% | 2,153 | $216K | Reduce -4.7% |
| QCOM Qualcomm Inc. | 0.04% | 1,329 | $204K | Reduce -21.7% |
| ADBE Adobe Inc. | 0.04% | 500 | $192K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| COHR Coherent Corp. | Reduce -4.2% | 1.48% | −0.57 |
| BAC Bank of America Corp. | Reduce -84.2% | 0.11% | −0.57 |
| CIEN Ciena Corp. | Reduce -9.7% | 1.16% | −0.48 |
| COST Costco Wholesale Corp. | Reduce -19.5% | 4.82% | −0.46 |
| TEX Terex Corp. | Reduce -8.3% | 1.88% | −0.40 |
| LITE Lumentum Holdings Inc. | Reduce -6.1% | 1.30% | −0.40 |
| DHR Danaher Corp. | Reduce -5.1% | 4.84% | −0.36 |
| MLKN Millerknoll Inc. | Reduce -4.4% | 2.22% | −0.28 |
| GEV GE Vernova Inc. | Reduce -8.1% | 3.39% | −0.23 |
| ROG Rogers Corp. | Sold out | 0.00% | −0.20 |
| EXPD Expeditors Intl Wash Inc. | Reduce -45.8% | 0.34% | −0.19 |
| CVX Chevron Corp. | Reduce -65.8% | 0.10% | −0.13 |
| GLW Corning Inc. | Reduce -11.7% | 1.91% | −0.13 |
| NVST Envista Holdings Corp. | Sold out | 0.00% | −0.13 |
| JOE The St Joe Co. | Reduce -16.1% | 3.20% | −0.12 |
| GPN Global Payments Inc. | Reduce -5.7% | 1.16% | −0.12 |
| SEIC Sei Investments Company | Sold out | 0.00% | −0.10 |
| KE Kimball Electronics Inc. | Reduce -40.3% | 0.13% | −0.10 |
| AAPL Apple Inc. | Reduce -3.8% | 1.34% | −0.09 |
| TILE Interface Inc. | Reduce -4.5% | 0.37% | −0.06 |
| GBCI Glacier Bancorp Inc. | Reduce -25.4% | 0.16% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -30.4% | 0.15% | −0.06 |
| NVDA Nvidia Corp. | Reduce -11.8% | 0.17% | −0.05 |
| WFC Wells Fargo & Co. | Reduce -51.2% | 0.06% | −0.05 |
| TGT Target Corp. | Sold out | 0.00% | −0.04 |
| MRETF Martinrea International Inc. | Sold out | 0.00% | −0.04 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.03 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -37.5% | 0.05% | −0.02 |
| ESAB Esab Corp. | Reduce -6.6% | 3.61% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -3.2% | 0.09% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -21.7% | 0.04% | −0.01 |
| BDC Belden Inc. | Reduce -4.7% | 0.04% | −0.00 |
| VLTO Veralto Corp. | Reduce -4.9% | 0.77% | −0.00 |
| SBUX Starbucks Corp. | Reduce -15.3% | 0.14% | 0.00 |
| NUE Nucor Corp. | Reduce -11.6% | 1.99% | +0.00 |
| JNJ Johnson & Johnson | Reduce -13.8% | 0.05% | +0.00 |
| ROL Rollins Inc. | Reduce -6.3% | 0.11% | +0.02 |
| KO The Coca-Cola Co. | Reduce -1.8% | 0.10% | +0.02 |
| PH Parker Hannifin Corp. | Reduce -0.2% | 1.03% | +0.05 |
| MTW Manitowoc Company Inc. | Reduce -2.0% | 5.41% | +0.07 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.58% | +0.09 |
| GEHC GE Healthcare Technology | Reduce -3.6% | 1.08% | +0.09 |
| GE General Electric Company | Reduce -6.2% | 9.33% | +1.78 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +10.4% | 9.90% | +2.88 |
| VOO Vanguard S&P 500 ETF | Add +9.1% | 7.62% | +0.95 |
| VTI VG Morningstar TS MKT ETF-US | Add +248.9% | 0.66% | +0.48 |
| MKL Markel Group Inc. | Add +169.7% | 0.60% | +0.41 |
| VFTAX Vanguard Ftse Soc Indx-Adm | New | 0.40% | +0.40 |
| PG The Procter & Gamble Co. | Add +88.4% | 0.65% | +0.33 |
| SWPPX Schwab S&P 500 Index-Sel | New | 0.27% | +0.27 |
| CMCO Columbus McKinnon Corp. | Add +249.3% | 0.62% | +0.26 |
| IP International Paper Co. | Add +57.7% | 0.22% | +0.09 |
| PYPL PayPal Holdings Inc. | Add +76.5% | 0.19% | +0.06 |
| AMZN Amazon.com Inc. | Add +28.5% | 0.15% | +0.03 |
| VZ Verizon Communications Inc. | Add +0.3% | 0.07% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +18.2% | 0.14% | +0.01 |
| MSFT Microsoft Corp. | Add +0.1% | 0.77% | −0.01 |
| VNT Vontier Corp. | Add +0.1% | 1.34% | −0.01 |
| ENOV Enovis Corp. | Add +0.9% | 1.89% | −0.07 |
| CGNX Cognex Corp. | Add +8.6% | 7.87% | −0.09 |
| ATS Ats Corp. | Add +2.9% | 1.37% | −0.11 |
| MOD Modine Manufacturing Co. | Add +0.5% | 1.14% | −0.42 |
| LUMN Lumen Technologies Inc. | Add +0.1% | 8.85% | −2.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 70 | $880.6M | LUMN, CGNX, GE, GEV, MTW |
| Q1 2026 | 73 | $753.9M | LUMN, CGNX, GE, GEV, VOO |
| Q4 2025 | 73 | $704.3M | LUMN, GE, CGNX, VOO, MTW |
| Q3 2025 | 72 | $648.0M | LUMN, GE, CGNX, VOO, GEV |
| Q2 2025 | 70 | $521.9M | GE, LUMN, CGNX, MTW, BRK.B |
| Q1 2025 | 63 | $524.3M | BRK.B, GE, LUMN, CGNX, VOO |
| Q4 2024 | 68 | $575.7M | LUMN, CGNX, GE, BRK.B, VOO |
| Q3 2024 | 67 | $618.1M | LUMN, GE, CGNX, BRK.B, VOO |
| Q2 2024 | 72 | $521.7M | CGNX, GE, BRK.B, VOO, DHR |
| Q1 2024 | 70 | $532.3M | GE, CGNX, BRK.B, MTW, DHR |