SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Front Street Capital Management, Inc.

CIK 0001683182 · 218 E FRONT STREET, SUITE 205, MISSOULA, MT, 59802 · 4065410130

Reported Value
$380M
Q4 2019
Positions
61
Filings on Record
33
2019–present window
Filed
Feb 10, 2020
original filing

Summary

Front Street Capital Management, Inc. reported $380M in U.S.-listed holdings across 61 positions for Q4 2019.

Its largest position, CGNX, represents 12.6% of the portfolio.

Compared with Q3 2019, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+62.2%
share of reported value
Largest Position
+12.6%
Cognex
New / Exited
3 / 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. 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
Q4 ’18: $224MQ4 ’18Q1 ’19: $271MQ2 ’19: $1.1BQ3 ’19: $351MQ4 ’19: $380MQ4 ’19Q1 ’20: $277MQ2 ’20: $334MQ3 ’20: $358MQ4 ’20: $456MQ4 ’20Q1 ’21: $528MQ2 ’21: $550MQ3 ’21: $520MQ4 ’21: $542MQ4 ’21Q1 ’22: $537MQ2 ’22: $422MQ3 ’22: $395MQ1 ’23: $463,351Q1 ’23Q2 ’23: $473,320Q3 ’23: $455,412Q4 ’23: $501,124Q1 ’24: $532,324Q1 ’24Q2 ’24: $521,702Q3 ’24: $618,087Q4 ’24: $575,667Q1 ’25: $524,312Q1 ’25Q2 ’25: $521,944Q3 ’25: $648,039Q4 ’25: $704,258Q1 ’26: $753,922Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.2%Other: 11.1%ETP: 0.6%Closed-End Fund: 0.0%
  • Common Stock · 88.2% · $335M
  • Other · 11.1% · $42M
  • ETP · 0.6% · $2M
  • Closed-End Fund · 0.0% · $71,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DISWALT DISNEY CO HOLDINGS CONEW+1.7K1.7K+$244,000$244,000
DYHTARGET CORPNEW+1.7K1.7K+$224,000$224,000
AMGNAMGEN INCNEW+885885+$213,000$213,000
VANGUARD INDEX FDSSOLD OUT−3.1K0−$467,000$0
TCSUSDCONTAINER STORE GROUP INC COMADDED+481.6K2.28M+$2M$10M
BABOEING COTRIMMED−2941.6K−$200,000$528,000
TAT&T INCTRIMMED−9445.3K−$29,000$207,000
EXPDEXPEDITORS INTERNATIONAL OF WATRIMMED−5.4K60.6K−$174,000$5M

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

Holdings — Q4 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM12.58%$48M851.8K
2RG6ROGERS CORPhistory →COM8.12%$31M247.1K
3COSTCOSTCO WHOLESALE CORP-NEWhistory →COM6.72%$25M86.7K
4CTLEURCENTURY TEL ENTERPRISES INC COhistory →COM6.13%$23M1.76M
5MTWMANITOWOC INC COMhistory →COM5.58%$21M1.21M
6DHRDANAHER CORP DEL COMhistory →COM5.45%$21M134.7K
7GPNGLOBAL PAYMENTS INChistory →COM5.23%$20M108.8K
8LITELUMENTUM HLDGS INChistory →COM4.89%$19M234.2K
9JOEST JOE CP COMhistory →COM3.82%$14M730.3K
10BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM3.71%$14M62.2K
11MLKNHERMAN MILLER INChistory →COM3.55%$13M323.9K
12NATIONAL INSTRUMENTS CORPCOM3.26%$12M292.4K
13TEXTEREX CORP NEWhistory →COM3.25%$12M414.1K
14GLWCORNING INChistory →COM3.14%$12M409.7K
15YRC WORLDWIDE INCCOM2.53%$10M3.77M
16TCSUSDCONTAINER STORE GROUP INC COMhistory →COM2.53%$10M2.28M
17COLFAX CORP COMCOM2.27%$9M237.1K
18NUENUCOR CORPhistory →COM2.26%$9M152.3K
19GENERAL ELECTRIC COCOM2.08%$8M706.3K
20EXPDEXPEDITORS INTERNATIONAL OF WAhistory →COM1.25%$5M60.6K
21CIENCIENA CORPORATIONhistory →COM1.16%$4M102.9K
22MKLMARKEL CPhistory →COM1.07%$4M3.5K
23JPMJPMORGAN CHASE & COCOM0.85%$3M23.0K
24AAPLAPPLE COMPUTER INCCOM0.80%$3M10.3K
25MSFTMICROSOFT CORPCOM0.76%$3M18.2K
26II-VI INCCOM0.63%$2M71.4K
27MCDMCDONALDS CORPCOM0.61%$2M11.7K
28WFCWELLS FARGO & CO NEWCOM0.57%$2M40.0K
29VANGUARD S&P 500 ETFS&P 500 ETF SHS0.39%$1M5.0K
30CHVCHEVRON CORPORATIONCOM0.37%$1M11.5K
31BRK/ABERKSHIRE HATHAWAY INC-DEL CLCL A0.36%$1M4
32FFHFAIRFAX FINANCIALCOM0.33%$1M2.6K
33CHIPOTLE MEXICAN GRILLCOM0.31%$1M1.4K
34SBUXSTARBUCKS CORPCOM0.28%$1M11.9K
35GBCIGLACIER BANCORP INC-NEWCOM0.25%$961,00020.9K
36USBUS BANCORP DELCOM0.24%$916,00015.5K
37KEKIMBALL ELECTRONICSCOM0.23%$879,00050.1K
38BACBANK OF AMERICA CORPCOM0.20%$766,00021.7K
39ROLROLLINS INCCOM0.20%$755,00022.8K
40GNTXGENTEX CORPCOM0.18%$684,00023.6K
41CERNCHFCERNER CORPCOM0.16%$596,0008.1K
42SPDR S&P 500 ETF TRTR UNIT0.15%$560,0001.7K
43BABOEING COCOM0.14%$528,0001.6K
44KOCOCA COLA COCOM0.14%$513,0009.3K
45SEICSEI INVESTMENTS COCOM0.13%$498,0007.6K
46JNJJOHNSON & JOHNSONCOM0.13%$478,0003.3K
47CLCOLGATE PALMOLIVE COCOM0.12%$444,0006.4K
48EXMOCEXXON MOBIL CORPCOM0.12%$438,0006.3K
49BACVERIZON COMMUNICATIONS INCCOM0.11%$421,0006.9K
50MDYSPDR S&P MIDCAP 400 ETF TRUSTS&PDCRP0.08%$298,000794

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$753,92273May 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$704,25873Feb 18, 202613F-HRchanges · EDGAR ↗
Q3 2025$648,03972Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$521,94470Aug 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$524,31263May 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$575,66768Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$618,08767Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$521,70272Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$532,32470May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$501,12494Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$455,41290Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$473,32066Aug 15, 202313F-HRchanges · EDGAR ↗
Q1 2023$463,35170May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review66Feb 22, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$395M68Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$422M63Jul 25, 202213F-HRchanges · EDGAR ↗
Q1 2022$537M63May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$542M68Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$520M66Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$550M66Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$528M64May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$456M63Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$358M56Nov 17, 202013F-HRchanges · EDGAR ↗
Q2 2020$334M59Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$277M53May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$380M61Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$351M59Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019REVEALED$1.1B186Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$271M59May 1, 201913F-HRchanges · EDGAR ↗
Q4 2018$224M58Feb 13, 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 ↗.