Speece Thorson Capital Group Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Speece Thorson Capital Group Inc. reported 37 stock positions worth $467.7 million. Its top holding was Commerce Bancshares (CBSH) at 4.1% of the portfolio, followed by White Mountains Insurance GP (WTM, 4.1%) and Mge Energy (MGEE, 4.0%). Compared with Q1 2026, it opened 1 new position, sold out of 2, added to 10 and reduced 26. The biggest buy was Insight Enterprises (NSIT, shares +27%) and the biggest sale an exit from Brown & Brown (BRO).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0000900169
- Portfolio Value
- $467.7M (Q2 2026)
- SEC Filing
- 0000900169-26-000003 ↗ filed Aug 4, 2026
Holdings Value
Holdings 37 stocks · $467.7M
| CBSH Commerce Bancshares Inc. | 4.10% | 332,442 | $19.2M | Reduce -1.8% |
| WTM White Mountains Insurance GP | 4.08% | 9,215 | $19.1M | Reduce -1.9% |
| MGEE Mge Energy Inc. | 3.99% | 228,679 | $18.6M | Add +20.6% |
| CASS Cass Information Systems Inc. | 3.81% | 347,328 | $17.8M | Reduce -1.9% |
| STE Steris PLC | 3.80% | 84,495 | $17.8M | Add +31.1% |
| SON Sonoco Products Co. | 3.62% | 300,496 | $16.9M | Reduce -2.0% |
| MSA Msa Safety Inc. | 3.61% | 96,741 | $16.9M | Add +13.6% |
| RPM RPM International Inc. | 3.38% | 142,095 | $15.8M | Reduce -2.0% |
| HXL Hexcel Corp. | 3.26% | 152,463 | $15.3M | Reduce -25.6% |
| LH Labcorp Holdings Inc. | 3.26% | 54,385 | $15.2M | Add +24.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 3.25% | 63,885 | $15.2M | Reduce -2.0% |
| ATR Aptargroup Inc. | 3.25% | 121,355 | $15.2M | Add +39.8% |
| ORLY O'reilly Automotive Inc. | 3.23% | 164,080 | $15.1M | Add +29.2% |
| GNTX Gentex Corp. | 3.23% | 597,167 | $15.1M | Reduce -1.9% |
| IEX Idex Corp. | 3.18% | 65,510 | $14.9M | Reduce -18.2% |
| TTC Toro Co. | 3.06% | 146,959 | $14.3M | Reduce -2.1% |
| WAB Wabtec Corp. | 2.98% | 51,647 | $13.9M | Reduce -2.0% |
| TFX Teleflex Inc. | 2.82% | 104,065 | $13.2M | Reduce -2.1% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 2.82% | 117,159 | $13.2M | Reduce -2.0% |
| NSIT Insight Enterprises Inc. | 2.79% | 106,952 | $13.0M | Add +26.7% |
| ZBH Zimmer Biomet Holdings Inc. | 2.55% | 138,547 | $11.9M | Reduce -2.0% |
| TRMB Trimble Inc. | 2.51% | 229,315 | $11.7M | Add +100.4% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 2.45% | 162,554 | $11.5M | Add +23.3% |
| TSCO Tractor Supply Company | 2.43% | 359,937 | $11.4M | Add +26.5% |
| DVN Devon Energy Corp. | 2.42% | 274,418 | $11.3M | Reduce -2.6% |
| ARW Arrow Electronics Inc. | 2.34% | 51,368 | $11.0M | Reduce -49.2% |
| KEYS Keysight Technologies Inc. | 2.25% | 30,127 | $10.5M | Reduce -21.5% |
| AZZ Azz Inc. | 2.11% | 63,750 | $9.9M | Reduce -31.2% |
| MWA Mueller Water Products Inc. Class A | 2.03% | 367,282 | $9.5M | Reduce -1.9% |
| NTRS Northern Trust Corp. | 1.93% | 51,999 | $9.0M | Reduce -1.9% |
| MHK Mohawk Industries Inc. | 1.69% | 65,195 | $7.9M | Reduce -2.0% |
| TEX Terex Corp. | 1.65% | 106,610 | $7.7M | Reduce -1.9% |
| CHRW C.H. Robinson Worldwide Inc. | 1.52% | 37,751 | $7.1M | Reduce -2.0% |
| CASY Casey's General Stores Inc. | 1.35% | 7,947 | $6.3M | Reduce -38.9% |
| MAX Mediaalpha Inc. Class A | 1.31% | 489,098 | $6.1M | Reduce -2.0% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.96% | 77,354 | $4.5M | Reduce -2.0% |
| RYN Rayonier Inc. | 0.96% | 211,357 | $4.5M | New |
Portfolio Sells Q1 2026 → Q2 2026
| BRO Brown & Brown Inc. | Sold out | 0.00% | −2.14 |
| ARW Arrow Electronics Inc. | Reduce -49.2% | 2.34% | −0.96 |
| MKC McCormick & Co.-Non VTG SHRS | Sold out | 0.00% | −0.87 |
| CASY Casey's General Stores Inc. | Reduce -38.9% | 1.35% | −0.80 |
| DVN Devon Energy Corp. | Reduce -2.6% | 2.42% | −0.80 |
| WTM White Mountains Insurance GP | Reduce -1.9% | 4.08% | −0.62 |
| AZZ Azz Inc. | Reduce -31.2% | 2.11% | −0.53 |
| HXL Hexcel Corp. | Reduce -25.6% | 3.26% | −0.52 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -2.0% | 2.55% | −0.36 |
| MWA Mueller Water Products Inc. Class A | Reduce -1.9% | 2.03% | −0.32 |
| IEX Idex Corp. | Reduce -18.2% | 3.18% | −0.28 |
| KEYS Keysight Technologies Inc. | Reduce -21.5% | 2.25% | −0.21 |
| SON Sonoco Products Co. | Reduce -2.0% | 3.62% | −0.16 |
| FUL H.B. Fuller Co. | Reduce -2.0% | 0.96% | −0.14 |
| TTC Toro Co. | Reduce -2.1% | 3.06% | −0.14 |
| TFX Teleflex Inc. | Reduce -2.1% | 2.82% | −0.08 |
| WAB Wabtec Corp. | Reduce -2.0% | 2.98% | −0.02 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -2.0% | 1.52% | +0.06 |
| RPM RPM International Inc. | Reduce -2.0% | 3.38% | +0.09 |
| MTB M & T Bank Corp. | Reduce -2.0% | 3.25% | +0.18 |
| TEX Terex Corp. | Reduce -1.9% | 1.65% | +0.19 |
| SJM The JM Smucker Co. | Reduce -2.0% | 2.82% | +0.19 |
| GNTX Gentex Corp. | Reduce -1.9% | 3.23% | +0.20 |
| MHK Mohawk Industries Inc. | Reduce -2.0% | 1.69% | +0.20 |
| NTRS Northern Trust Corp. | Reduce -1.9% | 1.93% | +0.25 |
| MAX Mediaalpha Inc. Class A | Reduce -2.0% | 1.31% | +0.26 |
| CASS Cass Information Systems Inc. | Reduce -1.9% | 3.81% | +0.26 |
| CBSH Commerce Bancshares Inc. | Reduce -1.8% | 4.10% | +0.31 |
Portfolio Buys Q1 2026 → Q2 2026
| NSIT Insight Enterprises Inc. | Add +26.7% | 2.79% | +1.50 |
| RYN Rayonier Inc. | New | 0.96% | +0.96 |
| TRMB Trimble Inc. | Add +100.4% | 2.51% | +0.81 |
| ATR Aptargroup Inc. | Add +39.8% | 3.25% | +0.76 |
| MGEE Mge Energy Inc. | Add +20.6% | 3.99% | +0.65 |
| LH Labcorp Holdings Inc. | Add +24.0% | 3.26% | +0.59 |
| ORLY O'reilly Automotive Inc. | Add +29.2% | 3.23% | +0.56 |
| STE Steris PLC | Add +31.1% | 3.80% | +0.56 |
| WRB WR Berkley Corp. | Add +23.3% | 2.45% | +0.46 |
| MSA Msa Safety Inc. | Add +13.6% | 3.61% | +0.43 |
| TSCO Tractor Supply Company | Add +26.5% | 2.43% | −0.50 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 37 | $467.7M | CBSH, WTM, MGEE, CASS, STE |
| Q1 2026 | 38 | $439.0M | WTM, CBSH, HXL, SON, CASS |
| Q4 2025 | 42 | $462.0M | WTM, HXL, CBSH, RPM, ARW |
| Q3 2025 | 44 | $500.5M | HXL, RPM, ZBH, GNTX, WTM |
| Q2 2025 | 43 | $491.1M | WTM, ARW, HXL, RPM, MTB |
| Q1 2025 | 42 | $485.6M | WTM, ZBH, FMC, RPM, SJM |
| Q4 2024 | 41 | $506.9M | FMC, WTM, RPM, ZBH, HXL |
| Q3 2024 | 42 | $541.3M | FMC, RPM, ZBH, WTM, ARW |
| Q2 2024 | 42 | $489.0M | FMC, WTM, ZBH, RPM, MTB |
| Q1 2024 | 43 | $517.4M | WTM, ZBH, RPM, MTB, GNTX |