SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Front Street Capital Management, Inc.

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

Reported Value
$542M
Q4 2021
Positions
68
Filings on Record
33
2019–present window
Filed
Feb 8, 2022
original filing

Summary

Front Street Capital Management, Inc. reported $542M in U.S.-listed holdings across 68 positions for Q4 2021.

Its largest position, CGNX, represents 12.3% of the portfolio.

Compared with Q3 2021, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+0.6%
vs prior filed quarter
Top-10 Concentration
+62.6%
share of reported value
Largest Position
+12.3%
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: 85.1%Other: 12.6%ETP: 2.3%ADR: 0.0%
  • Common Stock · 85.1% · $461M
  • Other · 12.6% · $68M
  • ETP · 2.3% · $12M
  • ADR · 0.0% · $153,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DFUSUSDDIMENSIONAL ETF TR US EQUITY ENEW+4.2K4.2K+$218,000$218,000
BBWIBATH & BODY WORKS INC COMNEW+3.0K3.0K+$207,000$207,000
SRNESORRENTO THERAPEUTICS INC COMNEW+24.0K24.0K+$112,000$112,000
MODMODINE MANUFACTURINGADDED+69.8K73.4K+$699,000$740,000
VNTVONTIER CORPADDED+10.7K11.5K+$325,000$353,000
BRK/ABERKSHIRE HATHAWAY INC-DEL CLSOLD OUT−20−$823,000$0
MREMARTINREA INTERNATIONAL INC COADDED+7.0K18.5K+$65,000$168,000
KEKIMBALL ELECTRONICSADDED+40.5K136.9K+$494,000$3M

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

Holdings — Q4 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM12.33%$67M841.7K
2CTLEURLUMEN TECHNOLOGIES INChistory →COM7.71%$42M3.33M
3JOEST JOE CP COMhistory →COM7.49%$41M780.2K
4MTWMANITOWOC INC COMhistory →COM6.92%$38M2.02M
5DHRDANAHER CORP DEL COMhistory →COM6.65%$36M117.5K
6COSTCOSTCO WHOLESALE CORP-NEWhistory →COM4.84%$26M56.2K
7RG6ROGERS CORPhistory →COM4.74%$26M94.2K
8TCSUSDCONTAINER STORE GROUP INC COMhistory →COM4.20%$23M2.46M
9COLFAX CORP COMCOM3.97%$22M466.3K
10BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM3.77%$20M77.0K
11NUENUCOR CORPhistory →COM3.67%$20M174.2K
12GENERAL ELECTRIC COCOM3.08%$17M197.0K
13MLKNMILLER KNOLL INChistory →COM3.01%$16M444.2K
14LITELUMENTUM HLDGS INChistory →COM2.69%$15M138.0K
15TEXTEREX CORP NEWhistory →COM2.45%$13M302.1K
16GLWCORNING INChistory →COM2.44%$13M360.6K
17NATIONAL INSTRUMENTS CORPCOM2.25%$12M279.4K
18GPNGLOBAL PAYMENTS INChistory →COM2.03%$11M90.2K
19VANGUARD S&P 500 ETFS&P 500 ETF SHS1.92%$10M23.9K
20YELLOW CORPORATIONCOM1.74%$9M748.4K
21CIENCIENA CORPORATIONhistory →COM1.18%$6M124.4K
22NVSTENVISTAhistory →COM1.08%$6M144.0K
23II-VI INCCOM1.06%$6M96.1K
24EXPDEXPEDITORS INTERNATIONAL OF WAhistory →COM1.01%$5M45.4K
25AAPLAPPLE COMPUTER INCCOM0.94%$5M34.0K
26MSFTMICROSOFT CORPCOM0.76%$4M12.2K
27MCDMCDONALDS CORPCOM0.58%$3M11.8K
28KEKIMBALL ELECTRONICSCOM0.55%$3M136.9K
29JPMJPMORGAN CHASE & COCOM0.51%$3M17.6K
30TILEINTERFACE INCCOM0.50%$3M179.5K
31CHIPOTLE MEXICAN GRILLCOM0.44%$2M1.3K
32BACBANK OF AMERICA CORPCOM0.38%$2M48.0K
33TSLATESLA MOTORS INC COMCOM0.29%$2M1.5K
34SBUXSTARBUCKS CORPCOM0.23%$1M10.5K
35GBCIGLACIER BANCORP INC-NEWCOM0.21%$1M22.9K
36CHVCHEVRON CORPORATIONCOM0.20%$1M10.2K
37BACVERIZON COMMUNICATIONS INCCOM0.18%$991,00019.1K
38MODMODINE MANUFACTURINGCOM0.14%$740,00073.4K
39FFHFAIRFAX FINANCIALCOM0.13%$713,0001.8K
40WFCWELLS FARGO & CO NEWCOM0.12%$663,00013.8K
41SPDR S&P 500 ETFTR UNIT0.11%$577,0001.2K
42CERNCHFCERNER CORPCOM0.11%$571,0008.1K
43VANGUARD TOTAL STOCK MARKET ETFTR UNIT0.10%$558,0002.3K
44ROLROLLINS INCCOM0.10%$545,00015.9K
45SEICSEI INVESTMENTS COCOM0.08%$433,0007.1K
46CLCOLGATE PALMOLIVE COCOM0.08%$429,0005.6K
47KOCOCA COLA COCOM0.08%$410,0007.9K
48DYHTARGET CORPCOM0.07%$404,0001.7K
49USBUS BANCORP DELCOM0.07%$382,0006.8K
50VNTVONTIER CORPCOM0.07%$353,00011.5K

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 ↗.