SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Front Street Capital Management, Inc.

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

Reported Value
$395M
Q3 2022
Positions
68
Filings on Record
33
2019–present window
Filed
Nov 9, 2022
original filing

Summary

Front Street Capital Management, Inc. reported $395M in U.S.-listed holdings across 68 positions for Q3 2022.

Its largest position, CGNX, represents 10.1% of the portfolio.

Compared with Q2 2022, the fund opened 9 new positions and exited 4.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+59.1%
share of reported value
Largest Position
+10.1%
Cognex
New / Exited
9 / 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: 87.0%Other: 8.8%ETP: 4.2%ADR: 0.0%
  • Common Stock · 87.0% · $344M
  • Other · 8.8% · $35M
  • ETP · 4.2% · $16M
  • ADR · 0.0% · $91,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COHRCOHERENTNEW+97.5K97.5K+$3M$3M
PGPROCTER & GAMBLE CONEW+10.8K10.8K+$1M$1M
CACCAMDEN NATIONAL CORPNEW+12.0K12.0K+$511,000$511,000
PYPLPAYPAL HOLDINGS INCNEW+4.7K4.7K+$402,000$402,000
SBFGSB FINANCIAL GRP INCNEW+21.9K21.9K+$369,000$369,000
MKLMARKEL CP COMNEW+292292+$317,000$317,000
EXMOCExxon Mobil CorpNEW+1.6K1.6K+$142,000$142,000
TAT&TNEW+6.9K6.9K+$106,000$106,000

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

Holdings — Q3 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM10.11%$40M963.6K
2DHRDANAHER CORP DEL COMhistory →COM7.70%$30M117.8K
3BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM7.03%$28M104.0K
4JOEST JOE CP COMhistory →COM5.89%$23M726.7K
5CTLEURLUMEN TECHNOLOGIES INChistory →COM5.70%$23M3.09M
6COSTCOSTCO WHOLESALE CORP-NEWhistory →COM5.58%$22M46.7K
7MTWMANITOWOC INC COMhistory →COM4.87%$19M2.48M
8GENERAL ELECTRIC COCOM4.26%$17M271.9K
9NUENUCOR CORPhistory →COM3.99%$16M147.3K
10VANGUARD S&P 500 ETFS&P 500 ETF SHS3.91%$15M47.0K
11TCSUSDCONTAINER STORE GROUP INC COMhistory →COM3.29%$13M2.65M
12RG6ROGERS CORPhistory →COM3.05%$12M49.8K
13GLWCORNING INChistory →COM2.64%$10M359.8K
14NATIONAL INSTRUMENTS CORPCOM2.61%$10M273.4K
15LITELUMENTUM HLDGS INChistory →COM2.34%$9M134.8K
16TEXTEREX CORP NEWhistory →COM2.28%$9M303.0K
17GPNGLOBAL PAYMENTS INChistory →COM2.07%$8M75.7K
18MLKNMILLER KNOLL INChistory →COM2.02%$8M510.7K
19ENOVENOVIS CORPORATION COMhistory →COM2.01%$8M172.2K
20ESABESAB CORPORTAION COMhistory →COM1.37%$5M162.3K
21CIENCIENA CORPORATIONhistory →COM1.27%$5M123.8K
22NVSTENVISTAhistory →COM1.20%$5M144.2K
23AAPLAPPLE COMPUTER INChistory →COM1.20%$5M34.2K
24YELLOW CORPORATIONCOM1.13%$4M876.6K
25BACBANK OF AMERICA CORPhistory →COM1.10%$4M143.9K
26EXPDEXPEDITORS INTERNATIONAL OF WACOM0.99%$4M44.2K
27COHRCOHERENTCOM0.86%$3M97.5K
28CHIPOTLE MEXICAN GRILLCOM0.79%$3M2.1K
29TWLOTWILIO INC.COM0.74%$3M42.5K
30MSFTMICROSOFT CORPCOM0.74%$3M12.6K
31KEKIMBALL ELECTRONICSCOM0.74%$3M170.1K
32VNTVONTIER CORPCOM0.68%$3M159.8K
33MCDMCDONALDS CORPCOM0.60%$2M10.2K
34PHPARKER-HANNIFIN CORPCOM0.58%$2M9.5K
35TILEINTERFACE INCCOM0.41%$2M179.5K
36JPMJPMORGAN CHASE & COCOM0.37%$1M14.0K
37PGPROCTER & GAMBLE COCOM0.35%$1M10.8K
38CHVCHEVRON CORPORATIONCOM0.34%$1M9.4K
39TSLATESLA MOTORS INC COMCOM0.30%$1M4.4K
40GBCIGLACIER BANCORP INC-NEWCOM0.29%$1M23.4K
41MODMODINE MANUFACTURINGCOM0.25%$1M77.3K
42SBUXSTARBUCKS CORPCOM0.23%$889,00010.6K
43BACVERIZON COMMUNICATIONS INCCOM0.19%$738,00019.4K
44FFHFAIRFAX FINANCIALCOM0.14%$556,0001.2K
45WFCWELLS FARGO & CO NEWCOM0.14%$541,00013.5K
46CACCAMDEN NATIONAL CORPCOM0.13%$511,00012.0K
47ROLROLLINS INCCOM0.11%$435,00012.5K
48KOCOCA COLA COCOM0.11%$434,0007.8K
49VANGUARD TOTAL STOCK MARKET ETFTR UNIT0.11%$415,0002.3K
50PYPLPAYPAL HOLDINGS INCCOM0.10%$402,0004.7K

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 ↗.