SEC 13F Intelligence

Managers / Q3 2022 · view latest →

SPEECE THORSON CAPITAL GROUP INC

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

Reported Value
$438M
Q3 2022
Positions
38
Filings on Record
29
Filed
Nov 3, 2022
original filing

Summary

Speece Thorson Capital Group Inc reported $438M in U.S.-listed holdings across 38 positions for Q3 2022.

Its largest position, LEG, represents 6.5% of the portfolio.

Compared with Q2 2022, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+41.1%
share of reported value
Largest Position
+6.5%
Leggett Platt
New / Exited
1 / 1
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: 92.5%Other: 7.5%
  • Common Stock · 92.5% · $405M
  • Other · 7.5% · $33M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MCYMERCURY GEN CORP NEWNEW+266.7K266.7K+$8M$8M
EOGEOG RES INCSOLD OUT−71.3K0−$8M$0
PGRPROGRESSIVE CORP OHIOTRIMMED−38.3K2.7K−$4M$315,000
GNTXGENTEX CORPADDED+210.7K436.4K+$4M$10M
STESTERIS PLC SHS USDADDED+24.5K55.2K+$3M$9M
DVNDEVON ENERGY CORP NEWADDED+84.9K234.5K+$6M$14M
TRMBTRIMBLE INCADDED+61.8K242.5K+$3M$13M
RPMRPM INTL INCADDED+31.8K127.3K+$3M$11M

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

Holdings — Q3 2022

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LEGLEGGETT & PLATT INChistory →COM6.54%$29M863.1K
2ZBHZIMMER HLDGS INChistory →COM5.15%$23M216.0K
3WHITE MOUNT INS GRP LTDCOM4.80%$21M16.1K
4MTBM & T BANK CORPhistory →COM4.53%$20M112.5K
5ORLYO REILLY AUTOMOTIVE INChistory →COM3.95%$17M24.6K
6MWAMUELLER WTR PRODS INChistory →COM3.46%$15M1.48M
7FMCFMC CORPhistory →COM3.44%$15M142.9K
8DVNDEVON ENERGY CORP NEWhistory →COM3.22%$14M234.5K
9TRMBTRIMBLE INChistory →COM3.00%$13M242.5K
10SONSONOCO PRODUCTShistory →COM2.98%$13M230.4K
11ARWARROW ELECTRS INChistory →COM2.90%$13M137.9K
12DVADAVITA HEALTHCARE PARTNERShistory →COM2.87%$13M152.1K
13MASONITE INTL CORP NEWCOM2.83%$12M174.3K
14SJMSMUCKER J M COhistory →COM2.79%$12M88.9K
15MHKMOHAWK INDS INChistory →COM2.73%$12M131.3K
16LABORATORY CORP AMER HLDGSCOM2.72%$12M58.1K
17CASYCASEYS GEN STORES INChistory →COM2.57%$11M55.6K
18CHRWC H ROBINSON WORLDWIDE INChistory →COM2.47%$11M112.6K
19RPMRPM INTL INChistory →COM2.42%$11M127.3K
20GNTXGENTEX CORPhistory →COM2.37%$10M436.4K
21NTRSNORTHERN TRUST CORPhistory →COM2.36%$10M121.0K
22WABWABTEC CORPhistory →COM2.35%$10M126.8K
23IEXIDEX CORPhistory →COM2.29%$10M50.3K
24TSCOTRACTOR SUPPLY COhistory →COM2.29%$10M54.1K
25WERNWERNER ENTERPRISES INChistory →COM2.28%$10M265.3K
26WSMWILLIAMS SONOMA INChistory →COM2.19%$10M81.5K
27NSITINSIGHT ENTERPRISES INChistory →COM2.15%$9M114.1K
28STESTERIS PLC SHS USDhistory →COM2.09%$9M55.2K
29ETNEATON CORP PLC SHShistory →COM2.07%$9M68.2K
30HXLHEXCEL CORP NEWhistory →COM1.82%$8M154.1K
31KEYSKEYSIGHT TECHNOLOGIES INChistory →COM1.81%$8M50.6K
32MCYMERCURY GEN CORP NEWhistory →COM1.73%$8M266.7K
33CBSHCOMMERCE BANCSHARES INChistory →COM1.66%$7M109.9K
34ATRAPTARGROUP INChistory →COM1.48%$6M68.3K
35HSICSCHEIN HENRY INChistory →COM1.42%$6M94.8K
36WRBBERKLEY W R CORPhistory →COM1.12%$5M75.8K
37BROBROWN & BROWN INChistory →COM1.06%$5M76.8K
38PGRPROGRESSIVE CORP OHIOCOM0.07%$315,0002.7K

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 ↗.