SEC 13F Intelligence

Managers / Q4 2022 · view latest →

SPEECE THORSON CAPITAL GROUP INC

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

Reported Value
$466M
Q4 2022
Positions
37
Filings on Record
29
Filed
Feb 9, 2023
original filing

Summary

Speece Thorson Capital Group Inc reported $466M in U.S.-listed holdings across 37 positions for Q4 2022.

Its largest position, ZBH, represents 5.9% of the portfolio.

Compared with Q3 2022, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+6.0%
vs prior filed quarter
Top-10 Concentration
+39.3%
share of reported value
Largest Position
+5.9%
Zimmer

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: 92.0%Other: 8.0%
  • Common Stock · 92.0% · $429M
  • Other · 8.0% · $37M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BROBROWN & BROWN INCADDED+82.5K159.3K+$4M$9M
TRMBTRIMBLE INCSOLD OUT−242.5K0−$13M$0
STESTERIS PLC SHS USDADDED+25.5K80.6K+$6M$15M
CBSHCOMMERCE BANCSHARES INCADDED+29.0K138.9K+$2M$9M
FMCFMC CORPTRIMMED−35.3K107.5K−$2M$13M
WABWABTEC CORPTRIMMED−29.9K97.0K−$638,000$10M
ATRAPTARGROUP INCADDED+14.6K82.9K+$3M$9M
NTRSNORTHERN TRUST CORPADDED+24.5K145.5K+$3M$13M

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

Holdings — Q4 2022

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ZBHZIMMER HLDGS INChistory →COM5.91%$28M216.0K
2LEGLEGGETT & PLATT INChistory →COM5.19%$24M750.0K
3WHITE MOUNT INS GRP LTDCOM4.67%$22M15.4K
4ORLYO REILLY AUTOMOTIVE INChistory →COM3.89%$18M21.5K
5MTBM & T BANK CORPhistory →COM3.50%$16M112.5K
6MWAMUELLER WTR PRODS INChistory →COM3.41%$16M1.48M
7LABORATORY CORP AMER HLDGSCOM3.33%$15M65.8K
8STESTERIS PLC SHS USDhistory →COM3.20%$15M80.6K
9ARWARROW ELECTRS INChistory →COM3.09%$14M137.9K
10DVNDEVON ENERGY CORP NEWhistory →COM3.08%$14M233.0K
11SJMSMUCKER J M COhistory →COM3.02%$14M88.9K
12MASONITE INTL CORP NEWCOM3.01%$14M174.3K
13SONSONOCO PRODUCTShistory →COM3.00%$14M230.4K
14MHKMOHAWK INDS INChistory →COM2.88%$13M131.3K
15FMCFMC CORPhistory →COM2.88%$13M107.5K
16NTRSNORTHERN TRUST CORPhistory →COM2.76%$13M145.5K
17CASYCASEYS GEN STORES INChistory →COM2.68%$12M55.6K
18RPMRPM INTL INChistory →COM2.66%$12M127.3K
19TSCOTRACTOR SUPPLY COhistory →COM2.61%$12M54.1K
20GNTXGENTEX CORPhistory →COM2.55%$12M436.4K
21IEXIDEX CORPhistory →COM2.47%$11M50.3K
22NSITINSIGHT ENTERPRISES INChistory →COM2.46%$11M114.1K
23DVADAVITA HEALTHCARE PARTNERShistory →COM2.44%$11M152.1K
24WERNWERNER ENTERPRISES INChistory →COM2.29%$11M265.3K
25MCYMERCURY GEN CORP NEWhistory →COM2.23%$10M304.2K
26WABWABTEC CORPhistory →COM2.08%$10M97.0K
27CBSHCOMMERCE BANCSHARES INChistory →COM2.03%$9M138.9K
28WSMWILLIAMS SONOMA INChistory →COM2.01%$9M81.5K
29ATRAPTARGROUP INChistory →COM1.96%$9M82.9K
30BROBROWN & BROWN INChistory →COM1.95%$9M159.3K
31HXLHEXCEL CORP NEWhistory →COM1.95%$9M154.1K
32HSICSCHEIN HENRY INChistory →COM1.93%$9M112.4K
33ETNEATON CORP PLC SHShistory →COM1.91%$9M56.7K
34CHRWC H ROBINSON WORLDWIDE INChistory →COM1.88%$9M95.5K
35KEYSKEYSIGHT TECHNOLOGIES INChistory →COM1.86%$9M50.6K
36WRBBERKLEY W R CORPhistory →COM1.18%$6M75.8K
37PGRPROGRESSIVE CORP OHIOCOM0.08%$352,0002.7K

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 ↗.