SEC 13F Intelligence

Managers / Q1 2022 · view latest →

SPEECE THORSON CAPITAL GROUP INC

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

Reported Value
$467M
Q1 2022
Positions
39
Filings on Record
29
2019–present window
Filed
May 4, 2022
original filing

Summary

Speece Thorson Capital Group Inc reported $467M in U.S.-listed holdings across 39 positions for Q1 2022.

Its largest position, MTB, represents 5.5% of the portfolio.

Compared with Q4 2021, the fund opened 2 new positions and exited 10.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+40.5%
share of reported value
Largest Position
+5.5%
M T Bank
New / Exited
2 / 10
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: 93.4%Other: 6.6%
  • Common Stock · 93.4% · $437M
  • Other · 6.6% · $31M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GNTXGENTEX CORPNEW+260.2K260.2K+$8M$8M
ZIMVZIMVIE INCNEW+189.5K189.5K+$4M$4M
IBPINSTALLED BLDG PRODS INCADDED+65.0K102.0K+$3M$9M
HRLHORMEL FOODS CORPSOLD OUT−152.8K0−$7M$0
VMIVALMONT INDS INCSOLD OUT−4.4K0−$1M$0
CLXCLOROX CO DELSOLD OUT−5.8K0−$1M$0
AVTAVNET INCSOLD OUT−21.1K0−$871,000$0
NSCNORFOLK SOUTHN CORPSOLD OUT−2.2K0−$661,000$0

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

Holdings — Q1 2022

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MTBM & T BANK CORPhistory →COM5.50%$26M151.7K
2LEGLEGGETT & PLATT INChistory →COM5.03%$24M675.7K
3ZBHZIMMER HLDGS INChistory →COM4.69%$22M171.5K
4FMCFMC CORPhistory →COM4.04%$19M143.7K
5WHITE MOUNT INS GRP LTDCOM4.02%$19M16.5K
6DVADAVITA HEALTHCARE PARTNERShistory →COM4.01%$19M165.8K
7YUSDALLEGHANY CORP DELhistory →COM3.72%$17M20.5K
8MWAMUELLER WTR PRODS INChistory →COM3.42%$16M1.24M
9MASONITE INTL CORP NEWCOM3.13%$15M164.7K
10SONSONOCO PRODUCTShistory →COM2.97%$14M221.9K
11SJMSMUCKER J M COhistory →COM2.93%$14M101.2K
12NTRSNORTHERN TRUST CORPhistory →COM2.90%$14M116.6K
13ORLYO REILLY AUTOMOTIVE INChistory →COM2.88%$13M19.6K
14ARWARROW ELECTRS INChistory →COM2.87%$13M113.2K
15MHKMOHAWK INDS INChistory →COM2.64%$12M99.3K
16TSCOTRACTOR SUPPLY COhistory →COM2.60%$12M52.1K
17LABORATORY CORP AMER HLDGSCOM2.54%$12M45.0K
18NSITINSIGHT ENTERPRISES INChistory →COM2.52%$12M109.9K
19WABWABTEC CORPhistory →COM2.51%$12M122.1K
20CHRWC H ROBINSON WORLDWIDE INChistory →COM2.50%$12M108.3K
21WSMWILLIAMS SONOMA INChistory →COM2.29%$11M73.9K
22CASYCASEYS GEN STORES INChistory →COM2.28%$11M53.8K
23EOGEOG RES INChistory →COM2.26%$11M88.5K
24TRMBTRIMBLE INChistory →COM2.09%$10M135.7K
25HXLHEXCEL CORP NEWhistory →COM1.89%$9M148.6K
26DVNDEVON ENERGY CORP NEWhistory →COM1.88%$9M148.4K
27IBPINSTALLED BLDG PRODS INChistory →COM1.84%$9M102.0K
28PGRPROGRESSIVE CORP OHIOhistory →COM1.80%$8M73.8K
29HSICSCHEIN HENRY INChistory →COM1.71%$8M91.5K
30RPMRPM INTL INChistory →COM1.65%$8M94.9K
31WERNWERNER ENTERPRISES INChistory →COM1.65%$8M188.1K
32GNTXGENTEX CORPhistory →COM1.62%$8M260.2K
33CBSHCOMMERCE BANCSHARES INChistory →COM1.62%$8M105.9K
34STESTERIS PLC SHS USDhistory →COM1.58%$7M30.5K
35ETNEATON CORP PLC SHShistory →COM1.57%$7M48.4K
36WRBBERKLEY W R CORPhistory →COM1.47%$7M103.3K
37IEXIDEX CORPhistory →COM1.39%$7M34.0K
38ATRAPTARGROUP INChistory →COM1.04%$5M41.3K
39ZIMVZIMVIE INCCOM0.93%$4M189.5K

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 ↗.