SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Front Street Capital Management, Inc.

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

Reported Value
$520M
Q3 2021
Positions
66
Filings on Record
33
2019–present window
Filed
Nov 12, 2021
original filing

Summary

Front Street Capital Management, Inc. reported $520M in U.S.-listed holdings across 66 positions for Q3 2021.

Its largest position, CGNX, represents 12.8% of the portfolio.

Compared with Q2 2021, the fund opened 4 new positions and exited 4.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+64.1%
share of reported value
Largest Position
+12.8%
Cognex
New / Exited
4 / 4
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: 85.8%Other: 12.1%ETP: 2.0%ADR: 0.0%
  • Common Stock · 85.8% · $447M
  • Other · 12.1% · $63M
  • ETP · 2.0% · $10M
  • ADR · 0.0% · $203,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PFEPFIZER INCNEW+5.0K5.0K+$214,000$214,000
MREMARTINREA INTERNATIONAL INC CONEW+11.6K11.6K+$103,000$103,000
MODMODINE MANUFACTURINGNEW+3.6K3.6K+$41,000$41,000
VNTVONTIER CORPNEW+826826+$28,000$28,000
PHPARKER-HANNIFIN CORPADDED+643793+$176,000$222,000
LBEURL BRANDS INCSOLD OUT−4.4K0−$315,000$0
BABOEING COSOLD OUT−1.0K0−$250,000$0
DISWALT DISNEY CO HOLDING COSOLD OUT−1.2K0−$209,000$0

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

Holdings — Q3 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM12.85%$67M833.4K
2CTLEURLUMEN TECHNOLOGIES INChistory →COM7.95%$41M3.34M
3MTWMANITOWOC INC COMhistory →COM7.67%$40M1.86M
4DHRDANAHER CORP DEL COMhistory →COM6.93%$36M118.5K
5JOEST JOE CP COMhistory →COM6.34%$33M784.0K
6COSTCOSTCO WHOLESALE CORP-NEWhistory →COM5.04%$26M58.4K
7RG6ROGERS CORPhistory →COM4.90%$26M136.9K
8TCSUSDCONTAINER STORE GROUP INC COMhistory →COM4.38%$23M2.39M
9COLFAX CORP COMCOM4.13%$22M468.8K
10BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM3.93%$20M74.9K
11NUENUCOR CORPhistory →COM3.32%$17M175.3K
12GENERAL ELECTRIC COCOM3.21%$17M161.9K
13MLKNHERMAN MILLER INChistory →COM3.14%$16M433.7K
14GLWCORNING INChistory →COM2.55%$13M363.1K
15TEXTEREX CORP NEWhistory →COM2.47%$13M304.8K
16LITELUMENTUM HLDGS INChistory →COM2.23%$12M139.1K
17NATIONAL INSTRUMENTS CORPCOM2.12%$11M281.3K
18GPNGLOBAL PAYMENTS INChistory →COM2.12%$11M70.0K
19VANGUARD S&P 500 ETFS&P 500 ETF SHS1.68%$9M22.2K
20CIENCIENA CORPORATIONhistory →COM1.23%$6M124.9K
21NVSTENVISTAhistory →COM1.12%$6M139.7K
22II-VI INCCOM1.10%$6M96.7K
23EXPDEXPEDITORS INTERNATIONAL OF WAhistory →COM1.06%$5M46.1K
24YRC WORLDWIDE INCCOM1.02%$5M935.5K
25AAPLAPPLE COMPUTER INCCOM0.98%$5M35.9K
26MSFTMICROSOFT CORPCOM0.63%$3M11.7K
27JPMJPMORGAN CHASE & COCOM0.55%$3M17.5K
28MCDMCDONALDS CORPCOM0.55%$3M11.8K
29TILEINTERFACE INCCOM0.52%$3M179.5K
30KEKIMBALL ELECTRONICSCOM0.48%$2M96.4K
31CHIPOTLE MEXICAN GRILLCOM0.46%$2M1.3K
32BACBANK OF AMERICA CORPCOM0.39%$2M47.9K
33GBCIGLACIER BANCORP INC-NEWCOM0.22%$1M21.0K
34SBUXSTARBUCKS CORPCOM0.22%$1M10.4K
35TSLATESLA MOTORS INC COMCOM0.22%$1M1.5K
36CHVCHEVRON CORPORATIONCOM0.21%$1M10.8K
37BACVERIZON COMMUNICATIONS INCCOM0.18%$947,00017.5K
38BRK/ABERKSHIRE HATHAWAY INC-DEL CLCL A0.16%$823,0002
39FFHFAIRFAX FINANCIALCOM0.14%$713,0001.8K
40WFCWELLS FARGO & CO NEWCOM0.12%$638,00013.7K
41SPDR S&P 500 ETFTR UNIT0.12%$617,0001.4K
42CERNCHFCERNER CORPCOM0.11%$571,0008.1K
43ROLROLLINS INCCOM0.11%$566,00016.0K
44VANGUARD TOTAL STOCK MARKET ETFTR UNIT0.10%$502,0002.3K
45CLCOLGATE PALMOLIVE COCOM0.08%$429,0005.7K
46SEICSEI INVESTMENTS COCOM0.08%$428,0007.2K
47USBUS BANCORP DELCOM0.08%$414,0007.0K
48KOCOCA COLA COCOM0.08%$410,0007.8K
49DYHTARGET CORPCOM0.08%$399,0001.7K
50ADBEADOBE SYSTEMS INC COMCOM0.06%$317,000550

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 ↗.