SEC 13F Intelligence

Managers / Q1 2025 · view latest →

SPEECE THORSON CAPITAL GROUP INC

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

Reported Value
$486M
Q1 2025
Positions
42
Filings on Record
29
2019–present window
Filed
May 1, 2025
original filing

Summary

Speece Thorson Capital Group Inc reported $486M in U.S.-listed holdings across 42 positions for Q1 2025.

Its largest position, White Mount Ins, represents 4.4% of the portfolio.

Compared with Q4 2024, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+36.1%
share of reported value
Largest Position
+4.4%
White Mount Ins
New / Exited
2 / 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: 95.6%Other: 4.4%
  • Common Stock · 95.6% · $464M
  • Other · 4.4% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSAMSA SAFETY INCNEW+74.3K74.3K+$11M$11M
REV GROUP INCNEW+153.2K153.2K+$5M$5M
CABOCABLE ONE INCSOLD OUT−26.3K0−$10M$0
HSICSCHEIN HENRY INCTRIMMED−229.9K7.0K−$16M$481,000
IEXIDEX CORPADDED+28.3K76.6K+$4M$14M
ATRAPTARGROUP INCADDED+29.1K80.9K+$4M$12M
SONSONOCO PRODUCTSTRIMMED−90.4K217.3K−$5M$10M
TFXTELEFLEX INCORPORATEDADDED+15.0K87.7K−$827,000$12M

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

Holdings — Q1 2025

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WHITE MOUNT INS GRP LTDCOM4.43%$21M11.2K
2ZBHZIMMER HLDGS INChistory →COM4.17%$20M178.8K
3FMCFMC CORPhistory →COM4.02%$19M462.1K
4RPMRPM INTL INChistory →COM3.94%$19M165.4K
5SJMSMUCKER J M COhistory →COM3.39%$16M139.1K
6WRBBERKLEY W R CORPhistory →COM3.30%$16M225.2K
7GNTXGENTEX CORPhistory →COM3.28%$16M682.7K
8ARWARROW ELECTRS INChistory →COM3.26%$16M152.3K
9HXLHEXCEL CORP NEWhistory →COM3.22%$16M285.8K
10TTCTORO COhistory →COM3.09%$15M206.4K
11STESTERIS PLC SHS USDhistory →COM3.06%$15M65.7K
12ORLYO REILLY AUTOMOTIVE INChistory →COM3.05%$15M10.3K
13MTBM & T BANK CORPhistory →COM3.04%$15M82.5K
14MWAMUELLER WTR PRODS INChistory →COM3.01%$15M574.2K
15CBSHCOMMERCE BANCSHARES INChistory →COM2.96%$14M231.2K
16DVADAVITA HEALTHCARE PARTNERShistory →COM2.92%$14M92.7K
17CASSCASS INFORMATION SYS INChistory →COM2.88%$14M322.9K
18IEXIDEX CORPhistory →COM2.85%$14M76.6K
19TSCOTRACTOR SUPPLY COhistory →COM2.83%$14M249.6K
20WABWABTEC CORPhistory →COM2.83%$14M75.8K
21TFXTELEFLEX INCORPORATEDhistory →COM2.50%$12M87.7K
22CHRWC H ROBINSON WORLDWIDE INChistory →COM2.48%$12M117.8K
23ATRAPTARGROUP INChistory →COM2.47%$12M80.9K
24DVNDEVON ENERGY CORP NEWhistory →COM2.47%$12M320.2K
25KEYSKEYSIGHT TECHNOLOGIES INChistory →COM2.43%$12M78.8K
26NTRSNORTHERN TRUST CORPhistory →COM2.42%$12M119.3K
27BROBROWN & BROWN INChistory →COM2.41%$12M94.1K
28LHLABORATORY CORP AMER HLDGShistory →COM2.27%$11M47.4K
29MHKMOHAWK INDS INChistory →COM2.27%$11M96.4K
30MSAMSA SAFETY INChistory →COM2.24%$11M74.3K
31SONSONOCO PRODUCTShistory →COM2.11%$10M217.3K
32MGEEMGE ENERGY INChistory →COM2.10%$10M109.6K
33CASYCASEYS GEN STORES INChistory →COM2.06%$10M23.1K
34WERNWERNER ENTERPRISES INChistory →COM1.77%$9M293.3K
35REV GROUP INCCOM1.00%$5M153.2K
36LEGLEGGETT & PLATT INCCOM0.41%$2M248.8K
37WSMWILLIAMS SONOMA INCCOM0.29%$1M8.9K
38ETNEATON CORP PLC SHSCOM0.22%$1M3.9K
39NSITINSIGHT ENTERPRISES INCCOM0.19%$937,0006.2K
40MCYMERCURY GEN CORP NEWCOM0.17%$847,00015.2K
41HSICSCHEIN HENRY INCCOM0.10%$481,0007.0K
42PGRPROGRESSIVE CORP OHIOCOM0.08%$404,0001.4K

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 ↗.