Front Street Capital Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Front Street Capital Management, Inc. reported 70 stock positions worth $521.9 million. Its top holding was General Electric (GE) at 11.5% of the portfolio, followed by Lumen Technologies (LUMN, 10.0%) and Cognex (CGNX, 8.1%). Compared with Q1 2025, it opened 10 new positions, sold out of 3, added to 14 and reduced 41. The biggest buy was Lumen Technologies (LUMN, shares +1%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- MISSOULA, MT
- CIK
- 0001683182
- Portfolio Value
- $521.9M (Q2 2025)
- SEC Filing
- 0001683182-25-000004 ↗ filed Aug 15, 2025
Holdings Value
Holdings 70 stocks · $521.9M
| GE General Electric Company | 11.46% | 232,426 | $59.8M | Reduce -4.9% |
| LUMN Lumen Technologies Inc. filed as Centurytel Inc Com | 10.04% | 11,969,084 | $52.4M | Add +1.1% |
| CGNX Cognex Corp. | 8.05% | 1,324,832 | $42.0M | Reduce -4.5% |
| MTW Manitowoc Company Inc. | 7.55% | 3,276,824 | $39.4M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.63% | 71,285 | $34.6M | Reduce -27.6% |
| GEV GE Vernova Inc. | 5.71% | 56,313 | $29.8M | Reduce -3.4% |
| COST Costco Wholesale Corp. | 4.92% | 25,944 | $25.7M | Reduce -2.9% |
| DHR Danaher Corp. | 4.68% | 123,557 | $24.4M | Reduce -0.2% |
| ESAB Esab Corp. | 3.58% | 155,197 | $18.7M | Reduce -4.5% |
| JOE The St Joe Co. | 3.20% | 350,142 | $16.7M | Reduce -1.9% |
| MLKN Millerknoll Inc. | 2.42% | 649,373 | $12.6M | Add +6.6% |
| TEX Terex Corp. | 2.32% | 259,606 | $12.1M | Reduce -0.5% |
| GLW Corning Inc. | 2.19% | 217,546 | $11.4M | Reduce -0.3% |
| NUE Nucor Corp. | 2.15% | 86,608 | $11.2M | Reduce -0.2% |
| COHR Coherent Corp. | 2.04% | 119,591 | $10.7M | Reduce -0.1% |
| LITE Lumentum Holdings Inc. | 1.98% | 108,933 | $10.4M | Reduce -0.4% |
| ATS Ats Corp. | 1.80% | 293,985 | $9.4M | Add +1.7% |
| CIEN Ciena Corp. | 1.56% | 100,296 | $8.2M | Reduce -0.1% |
| MOD Modine Manufacturing Co. | 1.47% | 77,931 | $7.7M | Add +0.0% |
| VNT Vontier Corp. | 1.37% | 194,360 | $7.2M | Reduce -9.2% |
| ENOV Enovis Corp. | 1.25% | 207,715 | $6.5M | Reduce -20.0% |
| AAPL Apple Inc. | 1.21% | 30,817 | $6.3M | Reduce -2.6% |
| PH Parker Hannifin Corp. | 1.18% | 8,819 | $6.2M | Reduce -1.1% |
| GEHC GE Healthcare Technology | 0.99% | 69,888 | $5.2M | Reduce -0.1% |
| GPN Global Payments Inc. | 0.94% | 61,546 | $4.9M | Reduce -0.6% |
| MSFT Microsoft Corp. | 0.90% | 9,469 | $4.7M | Reduce -10.8% |
| VLTO Veralto Corp. | 0.80% | 41,373 | $4.2M | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 0.76% | 6,959 | $4.0M | Reduce -91.0% |
| CMCO Columbus McKinnon Corp. | 0.73% | 250,320 | $3.8M | Add +30.8% |
| IP International Paper Co. | 0.62% | 69,536 | $3.3M | Add +228.4% |
| MCD McDonald's Corp. | 0.54% | 9,663 | $2.8M | Reduce -0.4% |
| TILE Interface Inc. | 0.39% | 96,677 | $2.0M | Reduce -0.9% |
| AZTA Azenta Inc. | 0.36% | 60,566 | $1.9M | New |
| FRFHF Fairfax Financial Hldgs Ltd. | 0.35% | 1,025 | $1.9M | No change |
| EXPD Expeditors Intl Wash Inc. | 0.35% | 16,032 | $1.8M | Add +7.0% |
| MKL Markel Group Inc. | 0.34% | 876 | $1.8M | Reduce -48.0% |
| PG The Procter & Gamble Co. | 0.33% | 10,850 | $1.7M | Reduce -47.1% |
| NVDA Nvidia Corp. | 0.24% | 7,836 | $1.2M | Reduce -6.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 3,058 | $929K | Reduce -75.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 1,405 | $868K | No change |
| GBCI Glacier Bancorp Inc. | 0.16% | 19,644 | $846K | Add +2.7% |
| AMAT Applied Materials Inc. | 0.14% | 4,102 | $751K | New |
| SBUX Starbucks Corp. | 0.14% | 8,076 | $740K | Add +6.6% |
| GOOGL Alphabet Inc. Class A | 0.13% | 3,938 | $698K | Reduce -14.8% |
| AMZN Amazon.com Inc. | 0.13% | 3,091 | $678K | Reduce -25.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 13,413 | $635K | Reduce -4.3% |
| PYPL PayPal Holdings Inc. | 0.12% | 8,202 | $610K | Reduce -45.0% |
| ROL Rollins Inc. | 0.11% | 10,224 | $577K | Reduce -6.3% |
| GOOG Alphabet Inc. Class C | 0.11% | 3,183 | $561K | Add +5.0% |
| KO The Coca-Cola Co. | 0.10% | 7,015 | $496K | Reduce -2.4% |
| CVX Chevron Corp. | 0.09% | 3,411 | $488K | Add +5.6% |
| CL Colgate-Palmolive Co. | 0.09% | 5,106 | $464K | No change |
| NOC Northrop Grumman Corp. | 0.06% | 628 | $314K | No change |
| VZ Verizon Communications Inc. | 0.06% | 7,185 | $311K | Reduce -9.2% |
| TSLA Tesla Inc. | 0.06% | 977 | $310K | No change |
| ETN Eaton Corp. PLC | 0.06% | 865 | $309K | Reduce -2.7% |
| WFC Wells Fargo & Co. | 0.06% | 3,805 | $305K | Reduce -5.6% |
| JPM JPMorgan Chase & Co. | 0.05% | 974 | $282K | Reduce -1.1% |
| QCOM Qualcomm Inc. | 0.05% | 1,654 | $263K | Add +24.4% |
| META Meta Platforms Inc. Class A | 0.05% | 347 | $256K | New |
| JNJ Johnson & Johnson | 0.05% | 1,670 | $255K | Add +16.0% |
| XOM Exxon Mobil Corp. | 0.04% | 2,009 | $217K | New |
| ADBE Adobe Inc. | 0.04% | 541 | $209K | Add +8.2% |
| AXP American Express Co. | 0.04% | 650 | $207K | New |
| RTX RTX Corp. | 0.04% | 1,400 | $204K | New |
| ROG Rogers Corp. | 0.04% | 2,936 | $201K | New |
| LAB Standard Biotools Inc. | 0.03% | 120,525 | $145K | New |
| CR Crane Co. | 0.03% | 752 | $143K | New |
| ITW Illinois Tool Works | 0.02% | 500 | $124K | New |
| KE Kimball Electronics Inc. | 0.01% | 2,011 | $39K | Reduce -95.3% |
Portfolio Sells Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Reduce -91.0% | 0.76% | −6.87 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -27.6% | 6.63% | −3.27 |
| ENOV Enovis Corp. | Reduce -20.0% | 1.25% | −0.65 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -75.5% | 0.18% | −0.48 |
| VFTAX Vanguard Ftse Soc Indx-Adm | Sold out | 0.00% | −0.40 |
| PG The Procter & Gamble Co. | Reduce -47.1% | 0.33% | −0.31 |
| SWPPX Schwab S&P 500 Index-Sel | Sold out | 0.00% | −0.27 |
| MKL Markel Group Inc. | Reduce -48.0% | 0.34% | −0.27 |
| GPN Global Payments Inc. | Reduce -0.6% | 0.94% | −0.21 |
| DHR Danaher Corp. | Reduce -0.2% | 4.68% | −0.16 |
| KE Kimball Electronics Inc. | Reduce -95.3% | 0.01% | −0.13 |
| AAPL Apple Inc. | Reduce -2.6% | 1.21% | −0.13 |
| GEHC GE Healthcare Technology | Reduce -0.1% | 0.99% | −0.08 |
| PYPL PayPal Holdings Inc. | Reduce -45.0% | 0.12% | −0.07 |
| BDC Belden Inc. | Sold out | 0.00% | −0.04 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.54% | −0.04 |
| ESAB Esab Corp. | Reduce -4.5% | 3.58% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -25.4% | 0.13% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -9.2% | 0.06% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -14.8% | 0.13% | −0.00 |
| KO The Coca-Cola Co. | Reduce -2.4% | 0.10% | −0.00 |
| ROL Rollins Inc. | Reduce -6.3% | 0.11% | −0.00 |
| JOE The St Joe Co. | Reduce -1.9% | 3.20% | +0.00 |
| WFC Wells Fargo & Co. | Reduce -5.6% | 0.06% | +0.00 |
| JPM JPMorgan Chase & Co. | Reduce -1.1% | 0.05% | +0.01 |
| BAC Bank of America Corp. | Reduce -4.3% | 0.12% | +0.01 |
| ETN Eaton Corp. PLC | Reduce -2.7% | 0.06% | +0.01 |
| TILE Interface Inc. | Reduce -0.9% | 0.39% | +0.02 |
| VLTO Veralto Corp. | Reduce -0.2% | 0.80% | +0.03 |
| VNT Vontier Corp. | Reduce -9.2% | 1.37% | +0.03 |
| NVDA Nvidia Corp. | Reduce -6.6% | 0.24% | +0.06 |
| COST Costco Wholesale Corp. | Reduce -2.9% | 4.92% | +0.10 |
| MSFT Microsoft Corp. | Reduce -10.8% | 0.90% | +0.13 |
| PH Parker Hannifin Corp. | Reduce -1.1% | 1.18% | +0.15 |
| NUE Nucor Corp. | Reduce -0.2% | 2.15% | +0.16 |
| CGNX Cognex Corp. | Reduce -4.5% | 8.05% | +0.18 |
| GLW Corning Inc. | Reduce -0.3% | 2.19% | +0.29 |
| CIEN Ciena Corp. | Reduce -0.1% | 1.56% | +0.41 |
| TEX Terex Corp. | Reduce -0.5% | 2.32% | +0.44 |
| COHR Coherent Corp. | Reduce -0.1% | 2.04% | +0.56 |
| LITE Lumentum Holdings Inc. | Reduce -0.4% | 1.98% | +0.68 |
| GE General Electric Company | Reduce -4.9% | 11.46% | +2.13 |
| MTW Manitowoc Company Inc. | Reduce -0.8% | 7.55% | +2.14 |
| GEV GE Vernova Inc. | Reduce -3.4% | 5.71% | +2.31 |
Portfolio Buys Q1 2025 → Q2 2025
| LUMN Lumen Technologies Inc. | Add +1.1% | 10.04% | +1.19 |
| ATS Ats Corp. | Add +1.7% | 1.80% | +0.42 |
| IP International Paper Co. | Add +228.4% | 0.62% | +0.41 |
| AZTA Azenta Inc. | New | 0.36% | +0.36 |
| MOD Modine Manufacturing Co. | Add +0.0% | 1.47% | +0.33 |
| MLKN Millerknoll Inc. | Add +6.6% | 2.42% | +0.19 |
| AMAT Applied Materials Inc. | New | 0.14% | +0.14 |
| CMCO Columbus McKinnon Corp. | Add +30.8% | 0.73% | +0.11 |
| META Meta Platforms Inc. Class A | New | 0.05% | +0.05 |
| XOM Exxon Mobil Corp. | New | 0.04% | +0.04 |
| AXP American Express Co. | New | 0.04% | +0.04 |
| RTX RTX Corp. | New | 0.04% | +0.04 |
| ROG Rogers Corp. | New | 0.04% | +0.04 |
| LAB Standard Biotools Inc. | New | 0.03% | +0.03 |
| CR Crane Co. | New | 0.03% | +0.03 |
| ITW Illinois Tool Works | New | 0.02% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +5.0% | 0.11% | +0.02 |
| QCOM Qualcomm Inc. | Add +24.4% | 0.05% | +0.01 |
| EXPD Expeditors Intl Wash Inc. | Add +7.0% | 0.35% | +0.01 |
| ADBE Adobe Inc. | Add +8.2% | 0.04% | +0.00 |
| JNJ Johnson & Johnson | Add +16.0% | 0.05% | +0.00 |
| GBCI Glacier Bancorp Inc. | Add +2.7% | 0.16% | +0.00 |
| SBUX Starbucks Corp. | Add +6.6% | 0.14% | +0.00 |
| CVX Chevron Corp. | Add +5.6% | 0.09% | −0.01 |
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 |