Speece Thorson Capital Group Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), Speece Thorson Capital Group Inc. reported 42 stock positions worth $541.3 million. Its top holding was FMC (FMC) at 5.2% of the portfolio, followed by RPM International (RPM, 3.8%) and Zimmer Biomet (ZBH, 3.6%). Compared with Q2 2024, it added to 9 and reduced 30. The biggest buy was Keysight Technologies (KEYS, shares +29%) and the biggest sale Northern Trust (NTRS, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0000900169
- Portfolio Value
- $541.3M (Q3 2024)
- SEC Filing
- 0000900169-24-000004 ↗ filed Nov 5, 2024
Holdings Value
Holdings 42 stocks · $541.3M
| FMC FMC Corp. | 5.16% | 423,815 | $27.9M | Reduce -0.2% |
| RPM RPM International Inc. | 3.78% | 169,171 | $20.5M | Reduce -0.3% |
| ZBH Zimmer Biomet Holdings Inc. | 3.64% | 182,750 | $19.7M | Reduce -0.3% |
| WTM White Mountains Insurance GP | 3.57% | 11,398 | $19.3M | Reduce -0.3% |
| ARW Arrow Electronics Inc. | 3.36% | 136,746 | $18.2M | Reduce -0.3% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 3.30% | 100,360 | $17.9M | Reduce -15.2% |
| DVA Davita Inc. | 3.21% | 106,059 | $17.4M | Reduce -0.3% |
| GNTX Gentex Corp. | 3.18% | 580,111 | $17.2M | Add +15.6% |
| HSIC Henry Schein Inc. | 3.18% | 235,967 | $17.2M | Add +20.0% |
| CHRW C.H. Robinson Worldwide Inc. | 3.17% | 155,432 | $17.2M | Reduce -0.3% |
| SON Sonoco Products Co. | 3.09% | 305,971 | $16.7M | Add +18.6% |
| STE Steris PLC | 3.01% | 67,089 | $16.3M | Reduce -0.3% |
| MHK Mohawk Industries Inc. | 2.93% | 98,555 | $15.8M | Reduce -31.5% |
| HXL Hexcel Corp. | 2.80% | 244,873 | $15.1M | Add +15.6% |
| ORLY O'reilly Automotive Inc. | 2.77% | 13,011 | $15.0M | Reduce -0.3% |
| TSCO Tractor Supply Company | 2.74% | 51,041 | $14.8M | Reduce -0.3% |
| MWA Mueller Water Products Inc. Class A | 2.73% | 680,886 | $14.8M | Reduce -14.1% |
| WAB Wabtec Corp. | 2.60% | 77,554 | $14.1M | Reduce -0.3% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 2.54% | 113,602 | $13.8M | Reduce -0.3% |
| CBSH Commerce Bancshares Inc. | 2.47% | 225,093 | $13.4M | Reduce -0.2% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 2.41% | 230,224 | $13.1M | Reduce -33.5% |
| DVN Devon Energy Corp. | 2.38% | 329,123 | $12.9M | Add +17.6% |
| KEYS Keysight Technologies Inc. | 2.37% | 80,629 | $12.8M | Add +28.7% |
| CASS Cass Information Systems Inc. | 2.34% | 305,495 | $12.7M | Add +37.6% |
| TTC Toro Co. | 2.31% | 144,438 | $12.5M | Add +24.5% |
| TFX Teleflex Inc. | 2.19% | 47,904 | $11.8M | Reduce -0.3% |
| BRO Brown & Brown Inc. | 2.18% | 113,881 | $11.8M | Reduce -0.3% |
| WERN Werner Enterprises Inc. | 2.14% | 299,941 | $11.6M | Reduce -0.3% |
| CASY Casey's General Stores Inc. | 2.03% | 29,316 | $11.0M | Reduce -0.3% |
| NTRS Northern Trust Corp. | 2.03% | 121,843 | $11.0M | Reduce -24.7% |
| LH Labcorp Holdings Inc. | 2.01% | 48,623 | $10.9M | Reduce -0.4% |
| IEX Idex Corp. | 1.92% | 48,464 | $10.4M | Reduce -0.3% |
| MGEE Mge Energy Inc. | 1.89% | 111,841 | $10.2M | Reduce -0.2% |
| CABO Cable One Inc. | 1.77% | 27,348 | $9.6M | Add +24.6% |
| MCY Mercury General Corp. | 1.63% | 139,711 | $8.8M | Reduce -0.3% |
| LEG Leggett & Platt Inc. | 1.55% | 616,815 | $8.4M | Reduce -0.2% |
| ATR Aptargroup Inc. | 1.54% | 52,041 | $8.3M | Reduce -0.3% |
| PLXS Plexus Corp. | 1.27% | 50,343 | $6.9M | Reduce -0.3% |
| WSM Williams-Sonoma Inc. | 0.25% | 8,888 | $1.4M | Reduce -50.0% |
| NSIT Insight Enterprises Inc. | 0.25% | 6,244 | $1.3M | No change |
| ETN Eaton Corp. PLC | 0.25% | 4,026 | $1.3M | No change |
| PGR Progressive Corp. | 0.07% | 1,426 | $362K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| NTRS Northern Trust Corp. | Reduce -24.7% | 2.03% | −0.75 |
| WTM White Mountains Insurance GP | Reduce -0.3% | 3.57% | −0.68 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -0.3% | 3.64% | −0.42 |
| MHK Mohawk Industries Inc. | Reduce -31.5% | 2.93% | −0.42 |
| MTB M & T Bank Corp. | Reduce -15.2% | 3.30% | −0.36 |
| CASY Casey's General Stores Inc. | Reduce -0.3% | 2.03% | −0.26 |
| MWA Mueller Water Products Inc. Class A | Reduce -14.1% | 2.73% | −0.18 |
| CBSH Commerce Bancshares Inc. | Reduce -0.2% | 2.47% | −0.10 |
| TSCO Tractor Supply Company | Reduce -0.3% | 2.74% | −0.08 |
| IEX Idex Corp. | Reduce -0.3% | 1.92% | −0.08 |
| WERN Werner Enterprises Inc. | Reduce -0.3% | 2.14% | −0.07 |
| WRB WR Berkley Corp. | Reduce -33.5% | 2.41% | −0.06 |
| ORLY O'reilly Automotive Inc. | Reduce -0.3% | 2.77% | −0.05 |
| ARW Arrow Electronics Inc. | Reduce -0.3% | 3.36% | −0.03 |
| LH Labcorp Holdings Inc. | Reduce -0.4% | 2.01% | −0.02 |
| STE Steris PLC | Reduce -0.3% | 3.01% | −0.02 |
| WSM Williams-Sonoma Inc. | Reduce -50.0% | 0.25% | −0.00 |
| SJM The JM Smucker Co. | Reduce -0.3% | 2.54% | +0.00 |
| ATR Aptargroup Inc. | Reduce -0.3% | 1.54% | +0.04 |
| RPM RPM International Inc. | Reduce -0.3% | 3.78% | +0.05 |
| WAB Wabtec Corp. | Reduce -0.3% | 2.60% | +0.09 |
| BRO Brown & Brown Inc. | Reduce -0.3% | 2.18% | +0.09 |
| MCY Mercury General Corp. | Reduce -0.3% | 1.63% | +0.10 |
| LEG Leggett & Platt Inc. | Reduce -0.2% | 1.55% | +0.10 |
| TFX Teleflex Inc. | Reduce -0.3% | 2.19% | +0.12 |
| FMC FMC Corp. | Reduce -0.2% | 5.16% | +0.17 |
| MGEE Mge Energy Inc. | Reduce -0.2% | 1.89% | +0.18 |
| DVA Davita Inc. | Reduce -0.3% | 3.21% | +0.20 |
| PLXS Plexus Corp. | Reduce -0.3% | 1.27% | +0.21 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -0.3% | 3.17% | +0.36 |
Portfolio Buys Q2 2024 → Q3 2024
| KEYS Keysight Technologies Inc. | Add +28.7% | 2.37% | +0.61 |
| HSIC Henry Schein Inc. | Add +20.0% | 3.18% | +0.60 |
| CASS Cass Information Systems Inc. | Add +37.6% | 2.34% | +0.52 |
| SON Sonoco Products Co. | Add +18.6% | 3.09% | +0.41 |
| CABO Cable One Inc. | Add +24.6% | 1.77% | +0.18 |
| TTC Toro Co. | Add +24.5% | 2.31% | +0.10 |
| HXL Hexcel Corp. | Add +15.6% | 2.80% | +0.09 |
| GNTX Gentex Corp. | Add +15.6% | 3.18% | −0.28 |
| DVN Devon Energy Corp. | Add +17.6% | 2.38% | −0.34 |
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 |