SEC 13F Intelligence

Managers / Q1 2026

SPEECE THORSON CAPITAL GROUP INC

CIK 0000900169 · 601 CARLSON PKWY, SUITE 850, MINNETONKA, MN, 55305 · 6123384649

Reported Value
$439M
Q1 2026
Positions
38
Filings on Record
29
2019–present window
Filed
Apr 29, 2026
original filing

Summary

Speece Thorson Capital Group Inc reported $439M in U.S.-listed holdings across 38 positions for Q1 2026.

Its largest position, White Mount Ins, represents 4.7% of the portfolio.

Compared with Q4 2025, the fund opened 5 new positions and exited 9.

Portfolio Metrics

Turnover
+9.4%
vs prior filed quarter
Top-10 Concentration
+36.2%
share of reported value
Largest Position
+4.7%
White Mount Ins
New / Exited
5 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $364MQ1 ’19Q2 ’19: $376MQ3 ’19: $374MQ4 ’19: $386MQ1 ’20: $290MQ1 ’20Q2 ’20: $347MQ3 ’20: $378MQ4 ’20: $421MQ1 ’21: $475MQ1 ’21Q2 ’21: $479MQ3 ’21: $478MQ4 ’21: $523MQ1 ’22: $467MQ1 ’22Q2 ’22: $424MQ3 ’22: $438MQ4 ’22: $466MQ1 ’23: $475MQ1 ’23Q2 ’23: $489MQ3 ’23: $454MQ4 ’23: $488MQ1 ’24: $517MQ1 ’24Q2 ’24: $489MQ3 ’24: $541MQ4 ’24: $507MQ1 ’25: $486MQ1 ’25Q2 ’25: $491MQ3 ’25: $500MQ4 ’25: $462MQ1 ’26: $439MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 95.3%Other: 4.7%
  • Common Stock · 95.3% · $418M
  • Other · 4.7% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TRMBTRIMBLE INCNEW+114.4K114.4K+$7M$7M
TEXTEREX CORP NEWNEW+108.7K108.7K+$6M$6M
FULFULLER H B CONEW+78.9K78.9K+$5M$5M
MAXMEDIAALPHA INCNEW+499.0K499.0K+$5M$5M
MKCMCCORMICK & CO INCNEW+75.8K75.8K+$4M$4M
NSITINSIGHT ENTERPRISES INCADDED+78.2K84.4K+$5M$6M
DVADAVITA HEALTHCARE PARTNERSSOLD OUT−88.6K0−$10M$0
REV GROUP INCSOLD OUT−114.0K0−$7M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WHITE MOUNT INS GRP LTDCOM4.70%$21M9.4K
2CBSHCOMMERCE BANCSHARES INChistory →COM3.80%$17M338.6K
3HXLHEXCEL CORP NEWhistory →COM3.78%$17M205.0K
4SONSONOCO PRODUCTShistory →COM3.78%$17M306.6K
5CASSCASS INFORMATION SYS INChistory →COM3.55%$16M354.2K
6IEXIDEX CORPhistory →COM3.46%$15M80.1K
7MGEEMGE ENERGY INChistory →COM3.34%$15M189.5K
8ARWARROW ELECTRS INChistory →COM3.30%$14M101.1K
9RPMRPM INTL INChistory →COM3.28%$14M145.0K
10STESTERIS PLC SHS USDhistory →COM3.25%$14M64.4K
11DVNDEVON ENERGY CORP NEWhistory →COM3.23%$14M281.6K
12TTCTORO COhistory →COM3.20%$14M150.2K
13MSAMSA SAFETY INChistory →COM3.18%$14M85.2K
14MTBM & T BANK CORPhistory →COM3.07%$13M65.2K
15GNTXGENTEX CORPhistory →COM3.03%$13M609.0K
16WABWABTEC CORPhistory →COM3.00%$13M52.7K
17TSCOTRACTOR SUPPLY COhistory →COM2.94%$13M284.5K
18ZBHZIMMER HLDGS INChistory →COM2.91%$13M141.4K
19TFXTELEFLEX INCORPORATEDhistory →COM2.90%$13M106.3K
20ORLYO REILLY AUTOMOTIVE INChistory →COM2.67%$12M127.0K
21LHLABORATORY CORP AMER HLDGShistory →COM2.66%$12M43.8K
22AZZAZZ INChistory →COM2.64%$12M92.6K
23SJMSMUCKER J M COhistory →COM2.63%$12M119.6K
24ATRAPTARGROUP INChistory →COM2.49%$11M86.8K
25KEYSKEYSIGHT TECHNOLOGIES INChistory →COM2.47%$11M38.4K
26MWAMUELLER WTR PRODS INChistory →COM2.35%$10M374.6K
27CASYCASEYS GEN STORES INChistory →COM2.16%$9M13.0K
28BROBROWN & BROWN INChistory →COM2.14%$9M144.1K
29WRBBERKLEY W R CORPhistory →COM1.99%$9M131.9K
30TRMBTRIMBLE INChistory →COM1.70%$7M114.4K
31NTRSNORTHERN TRUST CORPhistory →COM1.69%$7M53.0K
32MHKMOHAWK INDS INChistory →COM1.49%$7M66.5K
33TEXTEREX CORP NEWhistory →COM1.46%$6M108.7K
34CHRWC H ROBINSON WORLDWIDE INChistory →COM1.46%$6M38.5K
35NSITINSIGHT ENTERPRISES INChistory →COM1.29%$6M84.4K
36FULFULLER H B COhistory →COM1.11%$5M78.9K
37MAXMEDIAALPHA INChistory →COM1.06%$5M499.0K
38MKCMCCORMICK & CO INCCOM0.87%$4M75.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$439M38Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$462M42Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$500M44Nov 20, 202513F-HRchanges · EDGAR ↗
Q2 2025$491M43Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$486M42May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$507M41Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$541M42Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$489M42Jul 29, 202413F-HRchanges · EDGAR ↗
Q1 2024$517M43Apr 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$488M41Feb 23, 202413F-HRchanges · EDGAR ↗
Q3 2023$454M39Nov 20, 202313F-HRchanges · EDGAR ↗
Q2 2023$489M39Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$475M38May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$466M37Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$438M38Nov 3, 202213F-HRchanges · EDGAR ↗
Q2 2022$424M38Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$467M39May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$523M47Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$478M48Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$479M47Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$475M48May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$421M46Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$378M46Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$347M46Aug 3, 202013F-HRchanges · EDGAR ↗
Q1 2020$290M44May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$386M41Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$374M40Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$376M42Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$364M40Apr 24, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.