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Front Street Capital Management, Inc. 13F Holdings & Recent Stock Buys (Q2 2026)
Front Street Capital Management, Inc.CIK: 0001683182
Diversified strategyContrarianQuality / disciplined sizing
Total reported value
$880.6M
Reporting period: 2026-06-30 · Number of holdings: 70
Front Street Capital Management, Inc. disclosed 70 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $880.6M and a quarterly turnover rate of 57.1%.
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Personality snowflake
- Concentration
- 20.19
- Portfolio Stability
- 57.07
- Momentum
- 0
- Sector conviction
- 70.59
- Diversification
- 100
- Sizing Uniformity
- 83.97
Front Street Capital Management, Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.050 — mathematically equivalent to about 20 equally-sized positions, well below its 70 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.60), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward initiating meaningfully larger new positions than it adds to existing ones (a 2.1 percentage-point tilt) — a pattern consistent with a more contrarian, new-idea-driven approach.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govSold out CTLEUR
New buy LUMN
New buy GE
Sold out AEP
Add CGNX
-5.1% $25.8M
Add HNI
+129.9% $15.0M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | LUMN | Lumen Technologies Inc | Stock-Comm Services | 10.61% | +10.61% | NEW | |
| 2 | CGNX | Cognex CORP | Stock-Tech | 10.29% | +1.70% | -5.11% | |
| 3 | GE | General Electric | Stock-Industrials | 8.00% | +8.00% | NEW | |
| 4 | GEV | GE Vernova Inc | Stock-Industrials | 5.67% | +0.32% | -7.92% | |
| 5 | MTW | Manitowoc Company Inc | Stock-Other | 5.06% | -0.07% | -3.45% | |
| 6 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 4.83% | -0.50% | -7.88% | |
| 7 | LITE | Lumentum Holdings Inc | Stock-Tech | 4.19% | -0.67% | -42.56% | |
| 8 | GLW | Corning Inc | Stock-Tech | 4.08% | +1.02% | -16.95% | |
| 9 | AZTA | Azenta Inc | Stock-Other | 3.77% | +1.28% | +46.39% | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 3.50% | -0.32% | +1.84% | |
| 11 | COHR | Coherent CORP | Stock-Tech | 3.37% | +0.62% | -13.70% | |
| 12 | BAX | Baxter International Inc | Stock-Healthcare | 3.20% | +0.25% | -0.31% | |
| 13 | IP | International Paper Co | Stock-Consumer Disc | 3.01% | +0.35% | +23.93% | |
| 14 | CIEN | Ciena CORP | Stock-Tech | 2.67% | -0.40% | -19.51% | |
| 15 | HNI | Hni CORP | Stock-Other | 2.66% | +1.54% | +129.93% | |
| 16 | DHR | Danaher CORP | Stock-Healthcare | 2.51% | -0.47% | -1.87% | |
| 17 | MOD | Modine Manufacturing Co | Stock-Consumer Disc | 2.17% | +0.08% | -1.72% | |
| 18 | JOE | St Joe Co/the | Stock-Other | 1.93% | -0.43% | -3.91% | |
| 19 | ENOV | Enovis CORP | Stock-Other | 1.85% | -0.40% | +5.61% | |
| 20 | NUE | Nucor CORP | Stock-Materials | 1.77% | +0.05% | -8.82% | |
| 21 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 1.71% | -0.58% | -7.23% | |
| 22 | ESAB | Esab CORP | Stock-Industrials | 1.70% | -0.27% | -1.16% | |
| 23 | MLKN | Millerknoll Inc | Stock-Other | 1.67% | +0.32% | +2.09% | |
| 24 | TEX | Terex CORP | Stock-Industrials | 1.53% | -0.21% | -16.14% | |
| 25 | GPN | Global Payments Inc | Stock-Industrials | 0.76% | +0.20% | +47.54% | |
| 26 | PH | Parker Hannifin CORP | Stock-Industrials | 0.71% | -0.05% | -0.16% | |
| 27 | MKL | Markel Group Inc | Stock-Financials | 0.64% | +0.24% | +80.40% | |
| 28 | VNT | Vontier CORP | Stock-Tech | 0.58% | -0.24% | +0.33% | |
| 29 | GEHC | GE Healthcare Technology | Stock-Healthcare | 0.50% | -0.16% | -1.28% | |
| 30 | AAPL | Apple Inc | Stock-Tech | 0.48% | -0.53% | -51.03% | |
| 31 | VLTO | Veralto CORP | Stock-Industrials | 0.41% | -0.07% | -1.30% | |
| 32 | ATS | Ats CORP | Stock-Other | 0.41% | -0.57% | -52.13% | |
| 33 | MSFT | Microsoft CORP | Stock-Tech | 0.41% | -0.06% | -0.46% | |
| 34 | CMCO | Columbus Mckinnon Corp/ny | Stock-Other | 0.39% | -0.02% | +8.26% | |
| 35 | AMD | Advanced Micro Devices | Stock-Tech | 0.26% | +0.07% | -40.21% | |
| 36 | PGR | Progressive CORP | Stock-Financials | 0.23% | +0.09% | +67.45% | |
| 37 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.19% | -0.01% | +3.46% | |
| 38 | TILE | Interface Inc | Stock-Other | 0.18% | +0.02% | -8.16% | |
| 39 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.16% | -0.01% | -2.89% | |
| 40 | EXPD | Expeditors Intl Wash Inc | Stock-Industrials | 0.15% | -0.03% | -11.62% | |
| 41 | THRM | Gentherm Inc | Stock-Other | 0.15% | +0.15% | NEW | |
| 42 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.15% | — | -8.82% | |
| 43 | NVDA | Nvidia CORP | Stock-Tech | 0.14% | -0.04% | -22.66% | |
| 44 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.13% | -0.05% | -34.92% | |
| 45 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.12% | — | +1.19% | |
| 46 | GBCI | Glacier Bancorp Inc | Stock-Financials | 0.11% | — | -1.10% | |
| 47 | CALM | Cal-maine Foods Inc | Stock-Consumer Staples | 0.08% | +0.08% | NEW | |
| 48 | CVX | Chevron CORP | Stock-Energy | 0.06% | -0.03% | -0.29% | |
| 49 | BAC | Bank Of America CORP | Stock-Financials | 0.06% | -0.02% | -21.35% | |
| 50 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.06% | -0.02% | -25.06% |
1–50 of 70
Portfolio Performance
Performance for Q3 2026
+3.9%
Performance Last 4 Quarters
+60.2%
Based on 85% of reported portfolio value with available pricing
- Stdev
- +22.7%
- Beta
- +1.19
- Alpha
- +1.2%
- Max Drawdown
- -16.1%
- Annualized Perf
- +25.1%
- Batting Avg vs S&P
- +44.4%
- Sortino
- +2.13
- Stutzer
- +0.33
- Treynor
- +0.21
- Sterling
- +1.18
- Calmar
- +1.56
- Information Ratio
- +0.3
- Tracking Error
- +16.8%
- Stdev Down
- +11.7%
- Winning Months %
- +61.1%
- Losing Months %
- +38.9%
- Best 12 Months
- +89.7%
- Worst 12 Months
- -7.9%
- Efficiency Ratio
- +0.47
- Sharpe
- +1.1
- Stdev Sectors
- +11.7%
- Skewness
- +0.17
- Kurtosis
- -0.35
- Upside Potential
- +3.94
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 70 | $880.6M | 57 | ||
| 2026 Q1 | 73 | $753.9M | 20 | ||
| 2025 Q4 | 73 | $704.3M | 19 | ||
| 2025 Q3 | 72 | $648.0M | 35 | ||
| 2025 Q2 | 70 | $521.9M | 0 | ||
| 2025 Q1 | 63 | $524.3M | 100 | ||
| 2024 Q4 | 68 | $575.7M | 0 | ||
| 2024 Q3 | 67 | $618.1M | 0 | ||
| 2024 Q2 | 72 | $521.7M | 0 | ||
| 2024 Q1 | 70 | $532.3M | 0 | ||
| 2023 Q4 | 94 | $501.1M | 0 | ||
| 2023 Q3 | 90 | $455.4M | 0 | ||
| 2023 Q2 | 66 | $473.3M | 0 | ||
| 2023 Q1 | 70 | $463.4M | 0 | ||
| 2022 Q4 | 66 | $416.1M | 0 | ||
| 2022 Q3 | 68 | $394.9M | 0 | ||
| 2022 Q2 | 63 | $421.8M | 0 | ||
| 2022 Q1 | 63 | $536.9M | 0 | ||
| 2021 Q4 | 68 | $542.3M | 0 | ||
| 2021 Q3 | 66 | $520.4M | 0 | ||
| 2021 Q2 | 66 | $549.8M | 98 | ||
| 2021 Q1 | 64 | $528.5M | 20 | ||
| 2020 Q4 | 63 | $456.2M | 25 | ||
| 2020 Q3 | 56 | $357.8M | 16 | ||
| 2020 Q2 | 59 | $334.1M | 23 | ||
| 2020 Q1 | 53 | $276.7M | 32 | ||
| 2019 Q4 | 61 | $379.6M | 12 | ||
| 2019 Q3 | 59 | $351.1M | 24 | ||
| 2019 Q2 | 59 | $383.6M | 12 | ||
| 2019 Q1 | 65 | $381.2M | 28 | ||
| 2018 Q4 | 62 | $310.7M | 23 | ||
| 2018 Q3 | 60 | $290.7M | 21 | ||
| 2018 Q2 | 57 | $258.5M | 13 | ||
| 2018 Q1 | 56 | $262.2M | 13 | ||
| 2017 Q4 | 57 | $283.7M | 20 | ||
| 2017 Q3 | 58 | $272.6M | 20 | ||
| 2017 Q2 | 62 | $259.5M | 15 | ||
| 2017 Q1 | 68 | $250.7M | 21 | ||
| 2016 Q4 | 65 | $209.1M | 12 | ||
| 2016 Q3 | 66 | $209.4M | 10 | ||
| 2016 Q2 | 65 | $202.0M | 0 |
Holding changes this quarter
Front Street Capital Management, Inc.'s most significant position changes for 2026-06-30: New buy: Lumen Technologies Inc (LUMN); Sold out: Centurylink Inc (CTLEUR); New buy: General Electric (GE); Sold out: American Electric Power Company, Inc. (AEP); Sold out: Vanguard 500 Index-adm (VFIAX).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | LUMN | Lumen Technologies Inc | +10.6% | NEW | New buy |
| 2 | GE | General Electric | +8% | NEW | New buy |
| 3 | CGNX | Cognex CORP | +1.7% | -5.11% | Trim |
| 4 | HNI | Hni CORP | +1.5% | +129.93% | Add |
| 5 | AZTA | Azenta Inc | +1.3% | +46.39% | Add |
| 6 | GLW | Corning Inc | +1% | -16.95% | Trim |
| 7 | COHR | Coherent CORP | +0.6% | -13.70% | Trim |
| 8 | IP | International Paper Co | +0.4% | +23.93% | Add |
| 9 | GEV | GE Vernova Inc | +0.3% | -7.92% | Trim |
| 10 | MLKN | Millerknoll Inc | +0.3% | +2.09% | Add |
| 11 | BAX | Baxter International Inc | +0.3% | -0.31% | Trim |
| 12 | MKL | Markel Group Inc | +0.2% | +80.40% | Add |
| 13 | GPN | Global Payments Inc | +0.2% | +47.54% | Add |
| 14 | THRM | Gentherm Inc | +0.2% | NEW | New buy |
| 15 | PGR | Progressive CORP | +0.1% | +67.45% | Add |
| 16 | MOD | Modine Manufacturing Co | +0.1% | -1.72% | Trim |
| 17 | CALM | Cal-maine Foods Inc | +0.1% | NEW | New buy |
| 18 | AMD | Advanced Micro Devices | +0.1% | -40.21% | Trim |
| 19 | NUE | Nucor CORP | +0.1% | -8.82% | Trim |
| 20 | TILE | Interface Inc | 0% | -8.16% | Trim |
| 21 | MRK | Merck & Co. Inc. | 0% | NEW | New buy |
| 22 | VLO | Valero Energy CORP | 0% | NEW | New buy |
| 23 | GOOG | Alphabet Inc-cl C | — | -8.82% | Trim |
| 24 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | +1.19% | Add |
| 25 | GBCI | Glacier Bancorp Inc | — | -1.10% | Trim |
| 26 | CSCO | Cisco Systems Inc | — | -7.60% | Trim |
| 27 | IWM | Ishares Russell 2000 ETF | — | -0.56% | Trim |
| 28 | TSLA | Tesla Inc | — | +0.85% | Add |
| 29 | ETN | Eaton Corporation plc | — | -0.14% | Trim |
| 30 | QCOM | Qualcomm Inc | — | -19.75% | Trim |
| 31 | XOM | Exxon Mobil CORP | — | +25.46% | Add |
| 32 | ITW | Illinois Tool Works | — | — | Unchanged |
| 33 | VTI | Vanguard Total Stock Mkt ETF | 0% | -2.89% | Trim |
| 34 | PG | Procter & Gamble Co/the | 0% | +3.46% | Add |
| 35 | SEIC | Sei Investments Company | 0% | EXIT | Sold out |
| 36 | JNJ | Johnson & Johnson | 0% | -23.41% | Trim |
| 37 | WFC | Wells Fargo & Co | 0% | -20.17% | Trim |
| 38 | JPM | Jpmorgan Chase & Co | 0% | -16.71% | Trim |
| 39 | AXP | American Express Co | 0% | — | Unchanged |
| 40 | RTX | Rtx CORP | 0% | — | Unchanged |
| 41 | CMCO | Columbus Mckinnon Corp/ny | 0% | +8.26% | Add |
| 42 | LAB | Standard Biotools Inc | 0% | EXIT | Sold out |
| 43 | VZ | Verizon Communications Inc | 0% | -19.71% | Trim |
| 44 | NOC | Northrop Grumman CORP | 0% | — | Unchanged |
| 45 | AMZN | Amazon.com Inc | 0% | -25.06% | Trim |
| 46 | BAC | Bank Of America CORP | 0% | -21.35% | Trim |
| 47 | CL | Colgate-palmolive Co | 0% | -16.21% | Trim |
| 48 | ROL | Rollins Inc | 0% | -9.45% | Trim |
| 49 | CVX | Chevron CORP | 0% | -0.29% | Trim |
| 50 | KO | Coca-cola Co/the | 0% | -28.68% | Trim |
1–50 of 79
Filing History
FAQ
What is Front Street Capital Management, Inc. and what type of investor is it?
Front Street Capital Management, Inc. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $880.6M, spread across 70 disclosed positions.
What are Front Street Capital Management, Inc.'s largest equity positions?
Based on the latest 13F filing, Front Street Capital Management, Inc.'s top holdings by market value are:
1. Lumen Technologies Inc (LUMN) — $93.5M (10.6%)
2. Cognex CORP (CGNX) — $90.6M (10.3%)
3. General Electric (GE) — $70.5M (8.0%)
4. GE Vernova Inc (GEV) — $50.0M (5.7%)
5. Manitowoc Company Inc (MTW) — $44.5M (5.1%)
What changes did Front Street Capital Management, Inc. make in its most recent portfolio filing?
In the latest reported quarter, Front Street Capital Management, Inc. made 75 notable position adjustments: 6 new positions were initiated, 15 existing holdings were added to, 45 positions were partially reduced, and 9 were completely exited. The largest of these moves: New buy: Lumen Technologies Inc (LUMN); Sold out: Centurylink Inc (CTLEUR); New buy: General Electric (GE); Sold out: American Electric Power Company, Inc. (AEP); Sold out: Vanguard 500 Index-adm (VFIAX)
What sectors does Front Street Capital Management, Inc. focus on?
Front Street Capital Management, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 36.2%
• Industrials: 26.0%
• Communication Services: 14.9%
• Health Care: 8.6%
• Consumer Discretionary: 7.3%
• Consumer Staples: 2.8%
Investment Profile
Front Street Capital Management, Inc. returned an annualized 25.1% over the trailing 36 months — outperforming the S&P 500 by 1.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 1.19 (more volatile than the market) and a 44% quarterly batting average against the index.
Its portfolio is broadly diversified and fast-trading, with 36.2% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 57 over the past 4 quarters — a shift toward more active trading.
It has added to its CGNX position over the past two quarters (+$43.5M, now $90.6M), while trimming DHR over the same stretch (-$5.2M, still holding $22.1M).
Peer Institutions
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CIK 0001540796
Total reported value
$880.5M
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Concentration74.2
Portfolio Stability27.4
Sector conviction0.0
AUM within 0.0% of this institution
View detail
IW
Icon Wealth Partners, LLC
CIK 0001718732
Total reported value
$880.2M
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MW
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CIK 0001768095
Total reported value
$880.0M
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Developer Access
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