SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Front Street Capital Management, Inc.

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

Reported Value
$463,351
Q1 2023
Positions
70
Filings on Record
33
2019–present window
Filed
May 16, 2023
original filing

Summary

Front Street Capital Management, Inc. reported $463,351 in U.S.-listed holdings across 70 positions for Q1 2023.

Its largest position, CGNX, represents 10.2% of the portfolio.

Compared with Q4 2022, the fund opened 7 new positions and exited 3.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+60.7%
share of reported value
Largest Position
+10.2%
Cognex
New / Exited
7 / 3
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: 86.0%Other: 8.9%ETP: 4.6%Open-End Fund: 0.5%ADR: 0.0%
  • Common Stock · 86.0% · $398,411
  • Other · 8.9% · $41,350
  • ETP · 4.6% · $21,148
  • Open-End Fund · 0.5% · $2,298
  • ADR · 0.0% · $144

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GEHCGE HEALTHCARE TECHNOLOGIESNEW+89.7K89.7K+$7,358$7,358
SCHWAB S&P 500 INDEX FUNDNEW+21.5K21.5K+$1,359$1,359
VFIAXVANGUARD 500 INDEX FUNDNEW+2.5K2.5K+$939$939
BDCBELDENNEW+2.9K2.9K+$250$250
ADBEADOBE SYSTEMS INC COMNEW+550550+$212$212
FIGSFIGS INCNEW+10.6K10.6K+$66$66
PRPLPURPLE INNOVATION INC COMNEW+23.1K23.1K+$61$61
VANGUARD S&P 500 ETFADDED+942.7K990.6K+$3,052$19,875

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

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM10.21%$47,313954.9K
2MTWMANITOWOC INC COMhistory →COM9.43%$43,6952.56M
3DHRDANAHER CORP DEL COMhistory →COM7.07%$32,739129.9K
4BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM6.76%$31,328101.5K
5JOEST JOE CP COMhistory →COM5.79%$26,821644.6K
6GENERAL ELECTRIC COCOM5.58%$25,855270.5K
7COSTCOSTCO WHOLESALE CORP-NEWhistory →COM4.87%$22,58645.5K
8VANGUARD S&P 500 ETFS&P 500 ETF SHS4.29%$19,875990.6K
9NUENUCOR CORPhistory →COM3.67%$17,026110.2K
10TEXTEREX CORP NEWhistory →COM3.02%$13,997289.3K
11MLKNMILLER KNOLL INChistory →COM2.93%$13,599665.0K
12GLWCORNING INChistory →COM2.55%$11,833335.4K
13NATIONAL INSTRUMENTS CORPCOM2.55%$11,817225.5K
14ESABESAB CORPORTAION COMhistory →COM2.34%$10,847183.6K
15CTLEURLUMEN TECHNOLOGIES INChistory →COM2.27%$10,4973.96M
16ENOVENOVIS CORPORATION COMhistory →COM2.20%$10,194190.6K
17TCSUSDCONTAINER STORE GROUP INC COMhistory →COM1.83%$8,4952.48M
18GPNGLOBAL PAYMENTS INChistory →COM1.64%$7,57772.0K
19GEHCGE HEALTHCARE TECHNOLOGIEShistory →COM1.59%$7,35889.7K
20RG6ROGERS CORPhistory →COM1.48%$6,84341.9K
21LITELUMENTUM HLDGS INChistory →COM1.41%$6,511120.6K
22VNTVONTIER CORPhistory →COM1.38%$6,372233.1K
23CIENCIENA CORPORATIONhistory →COM1.35%$6,273119.4K
24NVSTENVISTAhistory →COM1.35%$6,261153.1K
25AAPLAPPLE COMPUTER INChistory →COM1.22%$5,65134.3K
26COHRCOHERENThistory →COM1.15%$5,323139.8K
27EXPDEXPEDITORS INTERNATIONAL OF WACOM0.95%$4,38239.8K
28BACBANK OF AMERICA CORPCOM0.80%$3,704129.5K
29CHIPOTLE MEXICAN GRILLCOM0.78%$3,5962.1K
30MSFTMICROSOFT CORPCOM0.75%$3,47412.0K
31KEKIMBALL ELECTRONICSCOM0.70%$3,237134.3K
32PHPARKER-HANNIFIN CORPCOM0.69%$3,2069.5K
33MCDMCDONALDS CORPCOM0.61%$2,80410.0K
34MODMODINE MANUFACTURINGCOM0.40%$1,83179.4K
35TWLOTWILIO INC.COM0.39%$1,82827.4K
36CHVCHEVRON CORPORATIONCOM0.33%$1,5339.4K
37TILEINTERFACE INCCOM0.31%$1,458179.5K
38PGPROCTER & GAMBLE COCOM0.31%$1,4459.7K
39SCHWAB S&P 500 INDEX FUNDTR UNIT0.29%$1,35921.5K
40GBCIGLACIER BANCORP INC-NEWCOM0.24%$1,11626.6K
41SBUXSTARBUCKS CORPCOM0.24%$1,10110.6K
42VFIAXVANGUARD 500 INDEX FUNDTR UNIT0.20%$9392.5K
43TSLATESLA MOTORS INC COMCOM0.19%$8744.2K
44FFHFAIRFAX FINANCIALCOM0.17%$8051.2K
45BACVERIZON COMMUNICATIONS INCCOM0.15%$69517.9K
46VANGUARD TOTAL STOCK MARKET ETFTR UNIT0.15%$6773.3K
47MREMARTINREA INTERNATIONAL INC COCOM0.13%$58754.7K
48WFCWELLS FARGO & CO NEWCOM0.10%$47412.7K
49KOCOCA COLA COCOM0.10%$4607.4K
50ROLROLLINS INCCOM0.10%$45812.2K

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 ↗.