Q2 2026 13F · SEC CIK 900169

Speece Thorson Capital Group Inc

Asset managerFiled 2026-08-04 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $467.7M
Reported positions: 37
Top holdings a year, 3 yrs: +9.2%
Assets under management: $469.0M

Speece Thorson Capital Group Inc is an asset manager that reported 37 positions worth $467.7M in its Q2 2026 13F, filed 2026-08-04. Its largest holdings were Commerce Bancshares Inc (CBSH, 4.1%), White Mtns Ins Group Ltd (WTM, 4.1%), Mge Energy Inc (MGEE, 4.0%). A portfolio copying its top holdings returned 9.2% a year over the last 3 years, against 20.4% for the S&P 500.

Speece Thorson Capital Group Inc holdings all 37 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.

Speece Thorson Capital Group Inc 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
CBSHCommerce Bancshares Inc	4.1%	3.8%	332,442	-1.8%	$19.2M
WTMWhite Mtns Ins Group Ltd	4.1%	4.7%	9,215	-1.9%	$19.1M
MGEEMge Energy Inc	4.0%	3.3%	228,679	+20.6%	$18.6M
CASSCass Information Sys Inc	3.8%	3.6%	347,328	-2.0%	$17.8M
STESteris PLC	3.8%	3.2%	84,495	+31.1%	$17.8M
SONSonoco Prods Co	3.6%	3.8%	300,496	-2.0%	$16.9M
MSAMsa Safety Inc	3.6%	3.2%	96,741	+13.6%	$16.9M
RPMRpm Intl Inc	3.4%	3.3%	142,095	-2.0%	$15.8M
HXLHexcel Corp New	3.3%	3.8%	152,463	-25.6%	$15.3M
LHLabcorp Holdings Inc	3.3%	2.7%	54,385	+24.0%	$15.2M
MTBM & T Bank Corp	3.3%	3.1%	63,885	-2.0%	$15.2M
ATRAptargroup Inc	3.2%	2.5%	121,355	+39.8%	$15.2M
ORLYOreilly Automotive Inc	3.2%	2.7%	164,080	+29.2%	$15.1M
GNTXGentex Corp	3.2%	3.0%	597,167	-1.9%	$15.1M
IEXIdex Corp	3.2%	3.5%	65,510	-18.2%	$14.9M
TTCToro Co	3.1%	3.2%	146,959	-2.1%	$14.3M
WABWabtec	3.0%	3.0%	51,647	-2.0%	$13.9M
TFXTeleflex Incorporated	2.8%	2.9%	104,065	-2.1%	$13.2M
SJMJ.M. Smucker Co.	2.8%	2.6%	117,159	-2.0%	$13.2M
NSITInsight Enterprises Inc	2.8%	1.3%	106,952	+26.7%	$13.0M
ZBHZimmer Biomet Holdings Inc	2.5%	2.9%	138,547	-2.0%	$11.9M
TRMBTrimble Inc	2.5%	1.7%	229,315	+100.4%	$11.7M
WRBBerkley W R Corp	2.5%	2.0%	162,554	+23.3%	$11.5M
TSCOTractor Supply Co	2.4%	2.9%	359,937	+26.5%	$11.4M
DVNDevon Energy Corp New	2.4%	3.2%	274,418	-2.6%	$11.3M
ARWArrow Electrs Inc	2.3%	3.3%	51,368	-49.2%	$11.0M
KEYSKeysight Technologies Inc	2.3%	2.5%	30,127	-21.5%	$10.5M
AZZAzz Inc	2.1%	2.6%	63,750	-31.2%	$9.9M
MWAMueller Wtr Prods Inc	2.0%	2.3%	367,282	-1.9%	$9.5M
NTRSNorthern Trust Corp	1.9%	1.7%	51,999	-1.9%	$9.0M
MHKMohawk Inds Inc	1.7%	1.5%	65,195	-2.0%	$7.9M
TEXTerex Corp New	1.6%	1.5%	106,610	-1.9%	$7.7M
CHRWC H Robinson Worldwide in	1.5%	1.5%	37,751	-2.0%	$7.1M
CASYCaseys Gen Stores Inc	1.4%	2.2%	7,947	-38.9%	$6.3M
MAXMediaalpha Inc	1.3%	1.1%	489,098	-2.0%	$6.1M
FULFuller H B Co	1.0%	1.1%	77,354	-2.0%	$4.5M
RYNRayonier Incorporated REIT	1.0%	New	211,357	—	$4.5M

What Speece Thorson Capital Group Inc bought and sold in Q2 2026, against Q1 2026.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +16.1% /yr; S&P 500 +20.1%
3 years: +9.2% /yr; S&P 500 +20.4%
5 years: +5.3% /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	$467.7M	37
Q1 2026	$439.0M	38
Q4 2025	$462.0M	42
Q3 2025	$500.5M	44
Q2 2025	$491.1M	43
Q1 2025	$485.6M	42
Q4 2024	$506.9M	41
Q3 2024	$541.3M	42
Q2 2024	$489.0M	42
Q1 2024	$517.4M	43
Q4 2023	$487.7M	41
Q3 2023	$453.6M	39

Questions about Speece Thorson Capital Group Inc's portfolio

What stocks does Speece Thorson Capital Group Inc own?

Speece Thorson Capital Group Inc's latest 13F, for Q2 2026 and filed Aug 4, 2026, lists 37 positions worth $467.7M. The largest are Commerce Bancshares Inc (CBSH) at 4.1%, White Mtns Ins Group Ltd (WTM) at 4.1%, Mge Energy Inc (MGEE) at 4.0%, Cass Information Sys Inc (CASS) at 3.8% and Steris PLC (STE) at 3.8%.

What did Speece Thorson Capital Group Inc buy last quarter?

In Q2 2026, Speece Thorson Capital Group Inc added a new position in Rayonier Incorporated REIT (RYN), Trimble Inc (TRMB) (+100.4% shares), Aptargroup Inc (ATR) (+39.8% shares) and Steris PLC (STE) (+31.1% shares), compared with its Q1 2026 filing.

What did Speece Thorson Capital Group Inc sell last quarter?

In Q2 2026, Speece Thorson Capital Group Inc sold all of Brown & Brown Inc Com (BRO), sold all of Mccormick & Co Inc (MKC), Arrow Electrs Inc (ARW) (-49.2% shares), Caseys Gen Stores Inc (CASY) (-38.9% shares) and Azz Inc (AZZ) (-31.2% shares), compared with its Q1 2026 filing.

How has Speece Thorson Capital Group Inc's portfolio performed?

A portfolio copying Speece Thorson Capital Group Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +9.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.1% against +20.1%. Over 5 years: +5.3% a year against +11.6%.

When is Speece Thorson Capital Group Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Speece Thorson Capital Group 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 Speece Thorson Capital Group Inc manage?

Speece Thorson Capital Group Inc reported $469.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $467.7M.