SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Front Street Capital Management, Inc.

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

Reported Value
$550M
Q2 2021
Positions
66
Filings on Record
33
2019–present window
Filed
Aug 13, 2021
original filing

Summary

Front Street Capital Management, Inc. reported $550M in U.S.-listed holdings across 66 positions for Q2 2021.

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

Compared with Q1 2021, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+63.6%
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, 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
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: $463MQ1 ’23Q2 ’23: $473MQ3 ’23: $455MQ4 ’23: $501MQ1 ’24: $532MQ1 ’24Q2 ’24: $522MQ3 ’24: $618MQ4 ’24: $576MQ1 ’25: $524MQ1 ’25Q2 ’25: $522MQ3 ’25: $648MQ4 ’25: $704MQ1 ’26: $754MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.1%Other: 10.2%ETP: 1.7%ADR: 0.0%
  • Common Stock · 88.1% · $484M
  • Other · 10.2% · $56M
  • ETP · 1.7% · $9M
  • ADR · 0.0% · $192,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOOGLE INCNEW+9797+$237,000$237,000
NOCNORTHROP GRUMMAN CORP COMNEW+601601+$219,000$219,000
PHPARKER-HANNIFIN CORPNEW+150150+$46,000$46,000
VWDRYVESTAS WIND SYSTEMS COMADDED+12.0K15.0K−$17,000$192,000
VESTAS WIND SYSTEM DKK1ADDED+4.8K6.0K−$11,000$240,000
CPBCAMPBELL SOUP COSOLD OUT−5.9K0−$298,000$0
CHIPOTLE MEXICAN GRILLADDED+1.2K2.5K+$2M$4M
USBUS BANCORP DELTRIMMED−4.8K7.7K−$251,000$439,000

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

Holdings — Q2 2021

66 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM12.57%$69M822.1K
2MTWMANITOWOC INC COMhistory →COM8.20%$45M1.84M
3LUMEN TECHNOLOGIES INCCOM8.00%$44M3.24M
4JOEST JOE CP COMhistory →COM6.36%$35M783.5K
5DHRDANAHER CORP DEL COMhistory →COM5.80%$32M118.8K
6CONTAINER STORE GROUP INC COMCOM5.49%$30M2.31M
7ROGROGERS CORPhistory →COM5.17%$28M141.7K
8COSTCOSTCO WHOLESALE CORP-NEWhistory →COM4.26%$23M59.2K
9COLFAX CORP COMCOM3.89%$21M467.1K
10BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM3.83%$21M75.7K
11MLKNHERMAN MILLER INChistory →COM3.56%$20M415.1K
12GENERAL ELECTRIC COCOM3.13%$17M1.28M
13NUENUCOR CORPhistory →COM3.07%$17M176.2K
14GLWCORNING INChistory →COM2.71%$15M363.9K
15TEXTEREX CORP NEWhistory →COM2.67%$15M308.4K
16GPNGLOBAL PAYMENTS INChistory →COM2.38%$13M69.8K
17NATIONAL INSTRUMENTS CORPCOM2.17%$12M281.8K
18LITELUMENTUM HLDGS INChistory →COM2.12%$12M142.1K
19VOOVANGUARD S&P 500 ETFhistory →S&P 500 ETF SHS1.37%$8M19.2K
20CIENCIENA CORPORATIONhistory →COM1.29%$7M124.8K
21II-VI INCCOM1.28%$7M96.8K
22NVSTENVISTAhistory →COM1.09%$6M138.9K
23YRC WORLDWIDE INCCOM1.08%$6M911.9K
24EXPDEXPEDITORS INTERNATIONAL OF WAhistory →COM1.07%$6M46.3K
25AAPLAPPLE COMPUTER INCCOM0.82%$5M36.4K
26CHIPOTLE MEXICAN GRILLCOM0.72%$4M2.5K
27MSFTMICROSOFT CORPCOM0.60%$3M12.1K
28JPMJPMORGAN CHASE & COCOM0.52%$3M18.5K
29TILEINTERFACE INCCOM0.50%$3M179.8K
30MCDMCDONALDS CORPCOM0.50%$3M11.8K
31KEKIMBALL ELECTRONICSCOM0.38%$2M95.9K
32BACBANK OF AMERICA CORPCOM0.36%$2M48.5K
33SBUXSTARBUCKS CORPCOM0.22%$1M10.7K
34WFCWELLS FARGO & CO NEWCOM0.22%$1M26.2K
35GBCIGLACIER BANCORP INC-NEWCOM0.21%$1M21.0K
36CVXCHEVRON CORPORATIONCOM0.20%$1M10.3K
37TSLATESLA MOTORS INC COMCOM0.18%$995,0001.5K
38VZVERIZON COMMUNICATIONS INCCOM0.18%$981,00017.5K
39BRK/ABERKSHIRE HATHAWAY INC-DEL CLCL A0.15%$837,0002
40FRFHFFAIRFAX FINANCIALCOM0.14%$755,0001.7K
41CERNER CORPCOM0.12%$633,0008.1K
42SPYSPDR S&P 500 ETFTR UNIT0.11%$615,0001.4K
43ROLROLLINS INCCOM0.11%$583,00017.1K
44CLCOLGATE PALMOLIVE COCOM0.09%$470,0005.8K
45SEICSEI INVESTMENTS COCOM0.08%$447,0007.2K
46SPYVANGUARD TOTAL STOCK MARKET ETFTR UNIT0.08%$447,0002.0K
47USBUS BANCORP DELCOM0.08%$439,0007.7K
48KOCOCA COLA COCOM0.08%$423,0007.8K
49TGTTARGET CORPCOM0.08%$422,0001.7K
50MDYSPDR S&P MIDCAP 400 ETF TRUSTTR UNIT0.06%$341,000694
51JNJJOHNSON & JOHNSONCOM0.06%$326,0002.0K
52ADBEADOBE SYSTEMS INC COMCOM0.06%$322,000550
53LBEURL BRANDS INCCOM0.06%$315,0004.4K
54CRANE COCOM0.05%$296,0003.2K
55AMZNAMAZON.COM INC COMCOM0.05%$289,00084
56IWMISHARES RUSSELL 2000 IDX FUNDTR UNIT0.05%$285,0001.2K
57TNCTENNANT COCOM0.05%$254,0003.2K
58BABOEING COCOM0.05%$250,0001.0K
59VESTAS WIND SYSTEM DKK1COM0.04%$240,0006.0K
60GOOGLE INCCOM0.04%$237,00097
61NOCNORTHROP GRUMMAN CORP COMCOM0.04%$219,000601
62DISWALT DISNEY CO HOLDING COCOM0.04%$209,0001.2K
63PGPROCTER & GAMBLE COCOM0.04%$200,0001.5K
64VWDRYVESTAS WIND SYSTEMS COMCOM0.03%$192,00015.0K
65PHPARKER-HANNIFIN CORPCOM0.01%$46,000150
66SUNDIAL GROWERS INCCOM0.01%$33,00035.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$754M73May 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$704M73Feb 18, 202613F-HRchanges · EDGAR ↗
Q3 2025$648M72Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$522M70Aug 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$524M63May 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$576M68Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$618M67Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$522M72Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$532M70May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$501M94Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$455M90Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$473M66Aug 15, 202313F-HRchanges · EDGAR ↗
Q1 2023$463M70May 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 ↗.