SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Front Street Capital Management, Inc.

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

Reported Value
$456M
Q4 2020
Positions
63
Filings on Record
33
2019–present window
Filed
Feb 11, 2021
original filing

Summary

Front Street Capital Management, Inc. reported $456M in U.S.-listed holdings across 63 positions for Q4 2020.

Its largest position, CGNX, represents 14.2% of the portfolio.

Compared with Q3 2020, the fund opened 8 new positions and exited 1.

Portfolio Metrics

Turnover
+0.5%
vs prior filed quarter
Top-10 Concentration
+63.6%
share of reported value
Largest Position
+14.2%
Cognex
New / Exited
8 / 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: 88.4%Other: 10.4%ETP: 1.1%ADR: 0.1%Closed-End Fund: 0.0%
  • Common Stock · 88.4% · $403M
  • Other · 10.4% · $47M
  • ETP · 1.1% · $5M
  • ADR · 0.1% · $235,000
  • Closed-End Fund · 0.0% · $63,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DISWALT DISNEY CO HOLDING CONEW+1.6K1.6K+$297,000$297,000
VESTAS WIND SYSTEM DKK1NEW+1.2K1.2K+$281,000$281,000
CR1USDCRANE CONEW+3.2K3.2K+$249,000$249,000
VESTAS WIND SYSTEMS COMNEW+3.0K3.0K+$235,000$235,000
BABOEING CONEW+1.1K1.1K+$232,000$232,000
TN1TENNANT CONEW+3.2K3.2K+$223,000$223,000
GABGABELLI EQUITY TRUST INCNEW+10.1K10.1K+$63,000$63,000
SUNDIAL GROWERS INCNEW+24.0K24.0K+$11,000$11,000

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

Holdings — Q4 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM14.25%$65M809.6K
2JOEST JOE CP COMhistory →COM7.30%$33M784.9K
3CTLEURLUMEN TECHNOLOGIES INChistory →COM6.54%$30M3.06M
4COSTCOSTCO WHOLESALE CORP-NEWhistory →COM6.10%$28M73.8K
5DHRDANAHER CORP DEL COMhistory →COM5.86%$27M120.3K
6MTWMANITOWOC INC COMhistory →COM5.65%$26M1.94M
7RG6ROGERS CORPhistory →COM5.15%$23M151.3K
8TCSUSDCONTAINER STORE GROUP INC COMhistory →COM5.03%$23M2.41M
9BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM3.94%$18M77.6K
10GPNGLOBAL PAYMENTS INChistory →COM3.78%$17M80.1K
11LITELUMENTUM HLDGS INChistory →COM3.35%$15M161.4K
12GLWCORNING INChistory →COM3.10%$14M392.4K
13MLKNHERMAN MILLER INChistory →COM3.04%$14M410.5K
14TEXTEREX CORP NEWhistory →COM2.87%$13M374.8K
15NATIONAL INSTRUMENTS CORPCOM2.75%$13M285.5K
16COLFAX CORP COMCOM2.40%$11M285.7K
17GENERAL ELECTRIC COCOM2.01%$9M849.5K
18NUENUCOR CORPhistory →COM1.75%$8M149.9K
19II-VI INCCOM1.65%$8M98.9K
20CIENCIENA CORPORATIONhistory →COM1.44%$7M124.3K
21AAPLAPPLE COMPUTER INChistory →COM1.15%$5M39.5K
22YRC WORLDWIDE INCCOM1.13%$5M1.16M
23NVSTENVISTAhistory →COM1.04%$5M140.3K
24EXPDEXPEDITORS INTERNATIONAL OF WAhistory →COM1.01%$5M48.4K
25VANGUARD S&P 500 ETFS&P 500 ETF SHS0.98%$4M14.5K
26MSFTMICROSOFT CORPCOM0.83%$4M17.0K
27JPMJPMORGAN CHASE & COCOM0.58%$3M20.7K
28MCDMCDONALDS CORPCOM0.56%$3M11.8K
29TILEINTERFACE INCCOM0.41%$2M179.9K
30CHIPOTLE MEXICAN GRILLCOM0.40%$2M1.3K
31KEKIMBALL ELECTRONICSCOM0.33%$2M93.9K
32BACBANK OF AMERICA CORPCOM0.31%$1M46.6K
33SBUXSTARBUCKS CORPCOM0.25%$1M10.7K
34TSLATESLA MOTORS INC COMCOM0.23%$1M1.5K
35WFCWELLS FARGO & CO NEWCOM0.22%$1M33.7K
36ROLROLLINS INCCOM0.22%$985,00025.2K
37GBCIGLACIER BANCORP INC-NEWCOM0.21%$978,00021.3K
38CHVCHEVRON CORPORATIONCOM0.19%$888,00010.5K
39GNTXGENTEX CORPCOM0.18%$801,00023.6K
40BRK/ABERKSHIRE HATHAWAY INC-DEL CLCL A0.15%$696,0002
41FFHFAIRFAX FINANCIALCOM0.14%$652,0001.9K
42CERNCHFCERNER CORPCOM0.14%$635,0008.1K
43USBUS BANCORP DELCOM0.13%$590,00012.7K
44CLCOLGATE PALMOLIVE COCOM0.11%$511,0006.0K
45KOCOCA COLA COCOM0.11%$499,0009.1K
46SEICSEI INVESTMENTS COCOM0.09%$414,0007.2K
47JNJJOHNSON & JOHNSONCOM0.09%$391,0002.5K
48BACVERIZON COMMUNICATIONS INCCOM0.09%$390,0006.6K
49VANGUARD TOTAL STOCK MARKET ETFTR UNIT0.07%$342,0002.0K
50ADBEADOBE SYSTEMS INC COMCOM0.07%$324,000565

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 ↗.