SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Front Street Capital Management, Inc.

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

Reported Value
$473,320
Q2 2023
Positions
66
Filings on Record
33
2019–present window
Filed
Aug 15, 2023
original filing

Summary

Front Street Capital Management, Inc. reported $473,320 in U.S.-listed holdings across 66 positions for Q2 2023.

Its largest position, CGNX, represents 11.2% of the portfolio.

Compared with Q1 2023, the fund opened 3 new positions and exited 7.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+62.7%
share of reported value
Largest Position
+11.2%
Cognex
New / Exited
3 / 7
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: 85.5%Other: 9.3%ETP: 5.3%ADR: 0.0%
  • Common Stock · 85.5% · $404,484
  • Other · 9.3% · $43,835
  • ETP · 5.3% · $24,869
  • ADR · 0.0% · $132

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NVDANVIDIA CORP COMNEW+739739+$313$313
EATON CORPNEW+1.0K1.0K+$209$209
DFUSUSDDIMENSIONAL ETF TR US EQUITY ENEW+4.2K4.2K+$203$203
NATIONAL INSTRUMENTS CORPADDED+1.43M1.65M−$2,340$9,477
PGPROCTER & GAMBLE COSOLD OUT−9.7K0−$1,445$0
SCHWAB S&P 500 INDEX FUNDSOLD OUT−21.5K0−$1,359$0
VFIAXVANGUARD 500 INDEX FUNDSOLD OUT−2.5K0−$939$0
MKLMARKEL CP COMSOLD OUT−2280−$291$0

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

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CGNXCOGNEX CORPhistory →COM11.20%$53,033946.7K
2MTWMANITOWOC INC COMhistory →COM9.93%$46,9812.49M
3DHRDANAHER CORP DEL COMhistory →COM7.12%$33,699140.4K
4GENERAL ELECTRIC COCOM6.26%$29,624269.7K
5JOEST JOE CP COMhistory →COM6.06%$28,685593.4K
6COSTCOSTCO WHOLESALE CORP-NEWhistory →COM5.05%$23,90444.4K
7VANGUARD S AND P 500 ETFCOM4.92%$23,29557.2K
8BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM4.88%$23,08467.7K
9NUENUCOR CORPhistory →COM3.70%$17,495106.7K
10TEXTEREX CORP NEWhistory →COM3.63%$17,169287.0K
11ENOVENOVIS CORPORATION COMhistory →COM2.58%$12,194190.2K
12ESABESAB CORPORTAION COMhistory →COM2.58%$12,189183.2K
13GLWCORNING INChistory →COM2.45%$11,601331.1K
14MLKNMILLER KNOLL INChistory →COM2.30%$10,879736.1K
15CTLEURLUMEN TECHNOLOGIES INChistory →COM2.19%$10,3884.60M
16NATIONAL INSTRUMENTS CORPCOM2.00%$9,4771.65M
17TCSUSDCONTAINER STORE GROUP INC COMhistory →COM1.62%$7,6902.45M
18COHRCOHERENThistory →COM1.57%$7,430145.8K
19VNTVONTIER CORPhistory →COM1.57%$7,425230.5K
20GEHCGE HEALTHCARE TECHNOLOGIEShistory →COM1.53%$7,22188.9K
21GPNGLOBAL PAYMENTS INChistory →COM1.49%$7,05471.6K
22LITELUMENTUM HLDGS INChistory →COM1.42%$6,734118.7K
23AAPLAPPLE COMPUTER INChistory →COM1.35%$6,40633.0K
24RG6ROGERS CORPhistory →COM1.29%$6,12637.8K
25NVSTENVISTAhistory →COM1.10%$5,191153.4K
26CIENCIENA CORPORATIONhistory →COM1.07%$5,075119.4K
27EXPDEXPEDITORS INTERNATIONAL OF WAhistory →COM1.01%$4,76539.3K
28CHIPOTLE MEXICAN GRILLCOM0.95%$4,5032.1K
29PHPARKER-HANNIFIN CORPCOM0.79%$3,7209.5K
30KEKIMBALL ELECTRONICSCOM0.74%$3,523127.5K
31MSFTMICROSOFT CORPCOM0.74%$3,51510.3K
32MCDMCDONALDS CORPCOM0.62%$2,9359.8K
33MODMODINE MANUFACTURINGCOM0.55%$2,62379.4K
34TILEINTERFACE INCCOM0.33%$1,556177.0K
35TWLOTWILIO INCCOM0.32%$1,51923.9K
36CHVCHEVRON CORPORATIONCOM0.31%$1,4809.4K
37BACBANK OF AMERICA CORPCOM0.27%$1,26544.1K
38TSLATESLA MOTORS INC COMCOM0.23%$1,1014.2K
39SBUXSTARBUCKS CORPCOM0.21%$1,01710.3K
40FFHFAIRFAX FINANCIALCOM0.19%$9071.2K
41GBCIGLACIER BANCORP INC-NEWCOM0.19%$89928.8K
42VANGUARD TOTAL STOCK MARKET ETFTR UNIT0.15%$731923
43MREMARTINREA INTERNATIONAL INC COCOM0.12%$54654.8K
44WFCWELLS FARGO AND CO NEWCOM0.12%$54612.8K
45BACVERIZON COMMUNICATIONS INCCOM0.11%$53014.3K
46ROLROLLINS INCCOM0.11%$50811.9K
47KOCOCA COLA COCOM0.09%$4357.2K
48SEICSEI INVESTMENTS COCOM0.09%$4247.1K
49SPDR S AND P 500 ETFCOM0.09%$409923
50CLCOLGATE PALMOLIVE COCOM0.08%$3935.1K

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 ↗.