SEC 13F Intelligence

Managers / Q4 2023 · view latest →

SPEECE THORSON CAPITAL GROUP INC

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

Reported Value
$488M
Q4 2023
Positions
41
Filings on Record
29
Filed
Feb 23, 2024
original filing

Summary

Speece Thorson Capital Group Inc reported $488M in U.S.-listed holdings across 41 positions for Q4 2023.

Its largest position, LEG, represents 4.3% of the portfolio.

Compared with Q3 2023, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+5.0%
vs prior filed quarter
Top-10 Concentration
+37.1%
share of reported value
Largest Position
+4.3%
Leggett Platt

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: 93.5%Other: 6.5%
  • Common Stock · 93.5% · $456M
  • Other · 6.5% · $32M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MGEEMGE ENERGY INCNEW+85.0K85.0K+$6M$6M
CASSCASS INFORMATION SYS INCNEW+54.0K54.0K+$2M$2M
MASONITE INTL CORP NEWTRIMMED−140.8K10.2K−$13M$860,000
ETNEATON CORP PLC SHSTRIMMED−32.1K4.2K−$7M$1M
HXLHEXCEL CORP NEWADDED+75.0K179.7K+$6M$13M
CBSHCOMMERCE BANCSHARES INCADDED+63.3K232.8K+$4M$12M
FMCFMC CORPADDED+52.4K234.6K+$3M$15M
CABOCABLE ONE INCADDED+3.8K17.7K+$1M$10M

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

Holdings — Q4 2023

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LEGLEGGETT & PLATT INChistory →COM4.32%$21M805.8K
2MTBM & T BANK CORPhistory →COM4.15%$20M147.7K
3WHITE MOUNT INS GRP LTDCOM4.01%$20M13.0K
4RPMRPM INTL INChistory →COM4.01%$20M175.0K
5ZBHZIMMER HLDGS INChistory →COM3.95%$19M158.2K
6ORLYO REILLY AUTOMOTIVE INChistory →COM3.56%$17M18.3K
7GNTXGENTEX CORPhistory →COM3.47%$17M517.6K
8NTRSNORTHERN TRUST CORPhistory →COM3.32%$16M191.8K
9WABWABTEC CORPhistory →COM3.16%$15M121.3K
10STESTERIS PLC SHS USDhistory →COM3.13%$15M69.4K
11SONSONOCO PRODUCTShistory →COM3.05%$15M266.0K
12FMCFMC CORPhistory →COM3.03%$15M234.6K
13ARWARROW ELECTRS INChistory →COM2.93%$14M117.1K
14MWAMUELLER WTR PRODS INChistory →COM2.90%$14M983.8K
15WRBBERKLEY W R CORPhistory →COM2.85%$14M196.8K
16DVADAVITA HEALTHCARE PARTNERShistory →COM2.77%$13M128.8K
17MHKMOHAWK INDS INChistory →COM2.74%$13M129.2K
18HXLHEXCEL CORP NEWhistory →COM2.72%$13M179.7K
19DVNDEVON ENERGY CORP NEWhistory →COM2.69%$13M289.4K
20HSICSCHEIN HENRY INChistory →COM2.68%$13M172.9K
21KEYSKEYSIGHT TECHNOLOGIES INChistory →COM2.66%$13M81.6K
22CBSHCOMMERCE BANCSHARES INChistory →COM2.55%$12M232.8K
23LABORATORY CORP AMER HLDGSCOM2.54%$12M54.4K
24MCYMERCURY GEN CORP NEWhistory →COM2.47%$12M323.2K
25TSCOTRACTOR SUPPLY COhistory →COM2.33%$11M52.8K
26CHRWC H ROBINSON WORLDWIDE INChistory →COM2.26%$11M127.8K
27IEXIDEX CORPhistory →COM2.23%$11M50.1K
28WERNWERNER ENTERPRISES INChistory →COM2.20%$11M252.8K
29ATRAPTARGROUP INChistory →COM2.06%$10M81.4K
30BROBROWN & BROWN INChistory →COM2.03%$10M139.1K
31CABOCABLE ONE INChistory →COM2.02%$10M17.7K
32SJMSMUCKER J M COhistory →COM1.88%$9M72.6K
33WSMWILLIAMS SONOMA INChistory →COM1.72%$8M41.5K
34CASYCASEYS GEN STORES INChistory →COM1.71%$8M30.3K
35TFXTELEFLEX INCORPORATEDhistory →COM1.45%$7M28.5K
36MGEEMGE ENERGY INChistory →COM1.26%$6M85.0K
37CASSCASS INFORMATION SYS INCCOM0.50%$2M54.0K
38NSITINSIGHT ENTERPRISES INCCOM0.23%$1M6.4K
39ETNEATON CORP PLC SHSCOM0.21%$1M4.2K
40MASONITE INTL CORP NEWCOM0.18%$860,00010.2K
41PGRPROGRESSIVE CORP OHIOCOM0.08%$400,0002.5K

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 ↗.