Q2 2026 13F · SEC CIK 1683182

Front Street Capital Management, Inc.

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $880.6M
Reported positions: 70
Top holdings a year, 3 yrs: +23.1%
Assets under management: $862.0M

Front Street Capital Management, Inc. is a wealth manager that reported 70 positions worth $880.6M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Lumen Technologies Inc (LUMN, 10.6%), Cognex Corp (CGNX, 10.3%), Ge Aerospace (GE, 8.0%). A portfolio copying its top holdings returned 23.1% a year over the last 3 years, against 20.4% for the S&P 500.

Front Street Capital Management, Inc. holdings largest 50 of 70 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Front Street Capital Management, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
LUMNLumen Technologies Inc	10.6%	—	12,171,321	—	$93.5M
CGNXCognex Corp	10.3%	8.6%	1,255,029	-5.1%	$90.6M
GEGe Aerospace	8.0%	—	188,533	—	$70.5M
GEVGe Vernova Inc	5.7%	5.3%	42,527	-7.9%	$50.0M
MTWManitowoc Co Inc	5.1%	5.1%	3,207,113	-3.5%	$44.5M
VOOVanguard Index Fds	4.8%	5.3%	61,985	-7.9%	$42.6M
LITELumentum Hldgs Inc	4.2%	4.9%	43,038	-42.6%	$36.9M
GLWCorning Inc	4.1%	3.1%	141,078	-16.9%	$35.9M
BRKSAzenta Inc	3.8%	2.5%	1,301,398	+46.4%	$33.2M
BRK-BBerkshire Hathaway Inc Del	3.5%	3.8%	61,247	+1.8%	$30.8M
COHRCoherent Corp	3.4%	2.8%	75,166	-13.7%	$29.7M
BAXBaxter Intl Inc	3.2%	3.0%	1,319,992	-0.3%	$28.1M
IPInternational Paper Co	3.0%	2.7%	695,215	+23.9%	$26.5M
CIENCiena Corp	2.7%	3.1%	47,975	-19.5%	$23.5M
HNIHNI Corp	2.7%	1.1%	580,610	+129.9%	$23.5M
DHRDanaher Corp Del	2.5%	3.0%	116,253	-1.9%	$22.1M
MODModine Manufacturing Co	2.2%	2.1%	71,492	-1.7%	$19.1M
JOESt Joe Company	1.9%	2.4%	271,931	-3.9%	$17.0M
ENOVEnovis Corporation	1.9%	2.3%	787,900	+5.6%	$16.3M
NUENucor Corp	1.8%	1.7%	69,785	-8.8%	$15.5M
COSTCostco Wholesale Corporation	1.7%	2.3%	16,076	-7.2%	$15.0M
ESABEsab Corporation	1.7%	2.0%	151,745	-1.2%	$15.0M
MLKNMillerknoll Inc	1.7%	1.3%	716,804	+2.1%	$14.7M
TEXTerex Corp New	1.5%	1.7%	186,279	-16.1%	$13.5M
GPNGlobal Pmts Inc	0.8%	0.6%	92,822	+47.5%	$6.7M
PHParker-Hannifin Corp	0.7%	0.8%	6,407	-0.2%	$6.3M
MKLMarkel Group Inc	0.6%	0.4%	2,854	+80.4%	$5.6M
VNTVontier Corporation	0.6%	0.8%	175,070	+0.3%	$5.1M
GEHCGe Healthcare Technologies I	0.5%	0.7%	68,521	-1.3%	$4.4M
AAPLApple Inc	0.5%	1.0%	14,627	-51.0%	$4.2M
VLTOVeralto Corp	0.4%	0.5%	40,804	-1.3%	$3.6M
ATSAts Corporation	0.4%	1.0%	124,973	-52.1%	$3.6M
MSFTMicrosoft Corp	0.4%	0.5%	9,485	-0.5%	$3.6M
CMCOColumbus Mckinnon Corp N Y	0.4%	0.4%	229,573	+8.3%	$3.5M
AMDAdvanced Micro Devices Inc	0.3%	0.2%	4,275	-40.2%	$2.3M
PGRProgressive Corp	0.2%	0.1%	8,647	+67.4%	$2.0M
PGProcter & Gamble Co	0.2%	0.2%	11,040	+3.5%	$1.7M
TILEInterface Inc	0.2%	0.2%	44,200	-8.2%	$1.6M
VTIVanguard Index Fds	0.2%	0.2%	3,797	-2.9%	$1.4M
EXPDExpeditors Intl Wash Inc	0.2%	0.2%	8,330	-11.6%	$1.4M
THRMGentherm Inc	0.1%	—	38,440	—	$1.3M
GOOGAlphabet Inc	0.1%	0.1%	3,565	-8.8%	$1.3M
NVDANvidia Corporation	0.1%	0.2%	6,078	-22.7%	$1.2M
GOOGLAlphabet Inc	0.1%	0.2%	3,122	-34.9%	$1.1M
SPYState Str Spdr S&p 500 ETF T	0.1%	0.1%	1,360	+1.2%	$1.0M
GBCIGlacier Bancorp Inc New	0.1%	0.1%	19,122	-1.1%	$986K
CALMCal Maine Foods Inc	0.1%	—	8,740	—	$746K
CVXChevron Corporation	0.1%	0.1%	3,401	-0.3%	$564K
BACBank of Amer Corp	0.1%	—	9,783	—	$557K
AMZNAmazon Com Inc	0.1%	—	2,273	—	$547K

What Front Street Capital Management, Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

HNI HNI Corp+129.9% shares
MKL Markel Group Inc+80.4% shares
PGR Progressive Corp+67.4% shares
GPN Global Pmts Inc+47.5% shares
BRKS Azenta Inc+46.4% shares
IP International Paper Co+23.9% shares
CMCO Columbus Mckinnon Corp N Y+8.3% shares
ENOV Enovis Corporation+5.6% shares

Reduced

ATS Ats Corporation-52.1% shares
AAPL Apple Inc-51.0% shares
LITE Lumentum Hldgs Inc-42.6% shares
AMD Advanced Micro Devices Inc-40.2% shares
GOOGL Alphabet Inc-34.9% shares
NVDA Nvidia Corporation-22.7% shares
CIEN Ciena Corp-19.5% shares
GLW Corning Inc-16.9% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +61.1% /yr; S&P 500 +20.1%
3 years: +23.1% /yr; S&P 500 +20.4%
5 years: +8.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$880.6M	70
Q1 2026	$753.9M	73
Q4 2025	$704.3M	73
Q3 2025	$648.0M	72
Q2 2025	$521.9M	70
Q1 2025	$524.3M	63
Q4 2024	$575.7M	68
Q3 2024	$618.1M	67
Q2 2024	$521.7M	72
Q1 2024	$532.3M	70
Q4 2023	$501.1M	94
Q3 2023	$455.4M	90

Questions about Front Street Capital Management, Inc.'s portfolio

What stocks does Front Street Capital Management, Inc. own?

Front Street Capital Management, Inc.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 70 positions worth $880.6M. The largest are Lumen Technologies Inc (LUMN) at 10.6%, Cognex Corp (CGNX) at 10.3%, Ge Aerospace (GE) at 8.0%, Ge Vernova Inc (GEV) at 5.7% and Manitowoc Co Inc (MTW) at 5.1%.

What did Front Street Capital Management, Inc. buy last quarter?

In Q2 2026, Front Street Capital Management, Inc. added HNI Corp (HNI) (+129.9% shares), Markel Group Inc (MKL) (+80.4% shares) and Progressive Corp (PGR) (+67.4% shares), compared with its Q1 2026 filing.

What did Front Street Capital Management, Inc. sell last quarter?

In Q2 2026, Front Street Capital Management, Inc. cut from its top 50 Centurylink Inc (LUMN), cut from its top 50 GE Aerospace (GE), cut from its top 50 Vanguard 500 Index A (VFIAX), cut from its top 50 Mcdonalds Corp (MCD), cut from its top 50 Schwab S&p 500 Index (SWPPX), Ats Corporation (ATS) (-52.1% shares), Apple Inc (AAPL) (-51.0% shares) and Lumentum Hldgs Inc (LITE) (-42.6% shares), compared with its Q1 2026 filing.

How has Front Street Capital Management, Inc.'s portfolio performed?

A portfolio copying Front Street Capital Management, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +23.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +61.1% against +20.1%. Over 5 years: +8.5% a year against +11.6%.

When is Front Street Capital Management, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Front Street Capital Management, Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Front Street Capital Management, Inc. manage?

Front Street Capital Management, Inc. reported $862.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $880.6M.