Speece Thorson Capital Group
MINNETONKA, MNfiles as SPEECE THORSON CAPITAL GROUP INC
$468m in 37 US stocks at the end of 30 June 2026. The top 10 are 36.9% of the money. It changed about 9.5% of the portfolio this quarter.
Value
$468m
Stocks
37
Top 10 share
36.9%
Turnover
9.5%
What changed this quarter
New
Bought for the first time this quarter.
- RayonierRYN1.0% of the fund
Added
Bought more of a stock they already held.
- MGE EnergyMGEE4.0% of the fund+21%
- SterisSTE3.8% of the fund+31%
- MSA SafetyMSA3.6% of the fund+14%
- Labcorp HoldingsLH3.3% of the fund+24%
- AptargroupATR3.2% of the fund+40%
- O'Reilly AutomotiveORLY3.2% of the fund+29%
- Insight EnterprisesNSIT2.8% of the fund+27%
- TrimbleTRMB2.5% of the fund+100%
- Berkley W RWRB2.5% of the fund+23%
- Tractor SupplyTSCO2.4% of the fund+27%
Cut
Sold some of their stake.
- Sonoco ProductsSON3.6% of the fund-2%
- HexcelHXL3.3% of the fund-26%
- IdexIEX3.2% of the fund-18%
- ToroTTC3.1% of the fund-2%
- TeleflexTFX2.8% of the fund-2%
- J M SmuckerSJM2.8% of the fund-2%
- Devon EnergyDVN2.4% of the fund-3%
- Arrow ElectronicsARW2.3% of the fund-49%
- Keysight TechnologiesKEYS2.3% of the fund-22%
- AZZAZZ2.1% of the fund-31%
- C. H. Robinson WorldwideCHRW1.5% of the fund-2%
- Caseys General StoresCASY1.4% of the fund-39%
Sold out
Sold their entire stake.
- Brown & BrownBRO-100%
- McCormickMKC-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Commerce BancsharesCBSH | 4.1% | $19m | 332,442 | Held |
| White Mountains Insurance GroupWTM | 4.1% | $19m | 9,215 | Held |
| MGE EnergyMGEE | 4.0% | $19m | 228,679 | +21% |
| Cass Information SystemsCASS | 3.8% | $18m | 347,328 | Held |
| SterisSTE | 3.8% | $18m | 84,495 | +31% |
| Sonoco ProductsSON | 3.6% | $17m | 300,496 | -2% |
| MSA SafetyMSA | 3.6% | $17m | 96,741 | +14% |
| RPM InternationalRPM | 3.4% | $16m | 142,095 | Held |
| HexcelHXL | 3.3% | $15m | 152,463 | -26% |
| Labcorp HoldingsLH | 3.3% | $15m | 54,385 | +24% |
| M&T BankMTB | 3.3% | $15m | 63,885 | Held |
| AptargroupATR | 3.2% | $15m | 121,355 | +40% |
| O'Reilly AutomotiveORLY | 3.2% | $15m | 164,080 | +29% |
| GentexGNTX | 3.2% | $15m | 597,167 | Held |
| IdexIEX | 3.2% | $15m | 65,510 | -18% |
| ToroTTC | 3.1% | $14m | 146,959 | -2% |
| Westinghouse Air Brake TechnologiesWAB | 3.0% | $14m | 51,647 | Held |
| TeleflexTFX | 2.8% | $13m | 104,065 | -2% |
| J M SmuckerSJM | 2.8% | $13m | 117,159 | -2% |
| Insight EnterprisesNSIT | 2.8% | $13m | 106,952 | +27% |
| Zimmer Biomet HoldingsZBH | 2.6% | $12m | 138,547 | Held |
| TrimbleTRMB | 2.5% | $12m | 229,315 | +100% |
| Berkley W RWRB | 2.5% | $11m | 162,554 | +23% |
| Tractor SupplyTSCO | 2.4% | $11m | 359,937 | +27% |
| Devon EnergyDVN | 2.4% | $11m | 274,418 | -3% |
| Arrow ElectronicsARW | 2.3% | $11m | 51,368 | -49% |
| Keysight TechnologiesKEYS | 2.3% | $11m | 30,127 | -22% |
| AZZAZZ | 2.1% | $10m | 63,750 | -31% |
| Mueller Water ProductsMWA | 2.0% | $9m | 367,282 | Held |
| Northern TrustNTRS | 1.9% | $9m | 51,999 | Held |
| Mohawk IndustriesMHK | 1.7% | $8m | 65,195 | Held |
| TerexTEX | 1.6% | $8m | 106,610 | Held |
| C. H. Robinson WorldwideCHRW | 1.5% | $7m | 37,751 | -2% |
| Caseys General StoresCASY | 1.4% | $6m | 7,947 | -39% |
| MediaAlphaMAX | 1.3% | $6m | 489,098 | Held |
| Fuller H BFUL | 1.0% | $5m | 77,354 | Held |
| RayonierRYN | 1.0% | $4m | 211,357 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 4.8% since 30 June 2025.
Where the money is
Industrials23.4%
Financial services15.8%
Retail & consumer13.4%
Health care12.4%
Technology12.2%
Materials11.2%
Everyday goods4.2%
Utilities4.0%
Energy2.4%
Real estate1.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.