SPEECE THORSON CAPITAL GROUP INC Concentrated Active

Location: Minnetonka, MN

CIK: 0000900169 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 20, 2025

Total Value: $500M

Holdings (44)

HXL HEXCEL CORP NEW 4.1%

Value $20.66M Shares 329,538 Est. Cost $61.56 Unrealized -0.2%

RPM RPM INTL INC 3.9%

Value $19.67M Shares 166,873 Est. Cost $84.99 Unrealized +41.2%

ZBH ZIMMER HLDGS INC 3.9%

Value $19.65M Shares 199,491 Est. Cost $110.82 Unrealized -11.0%

GNTX GENTEX CORP 3.9%

Value $19.52M Shares 689,585 Est. Cost $28.66 Unrealized -7.3%

WTM WHITE MOUNT INS GRP LTD 3.8%

Value $18.82M Shares 11,262 Est. Cost $872.68 Unrealized +104.5%

ARW ARROW ELECTRS INC 3.7%

Value $18.59M Shares 153,646 Est. Cost $89.37 Unrealized +40.8%

MTB M & T BANK CORP 3.7%

Value $18.58M Shares 94,021 Est. Cost $110.89 Unrealized +74.7%

SJM SMUCKER J M CO 3.6%

Value $17.84M Shares 164,248 Est. Cost $101.67 Unrealized +5.2%

ORLY O REILLY AUTOMOTIVE INC 3.4%

Value $16.84M Shares 156,212 Est. Cost $86.76 Unrealized +15.9%

TTC TORO CO 3.2%

Value $15.91M Shares 208,738 Est. Cost $88.23 Unrealized -13.1%

WAB WABTEC CORP 3.1%

Value $15.33M Shares 76,480 Est. Cost $76.61 Unrealized +157.2%

SON SONOCO PRODUCTS 3.0%

Value $15.13M Shares 351,050 Est. Cost $40.22 Unrealized +12.8%

IEX IDEX CORP 2.9%

Value $14.55M Shares 89,429 Est. Cost $151.05 Unrealized +11.3%

TSCO TRACTOR SUPPLY CO 2.9%

Value $14.32M Shares 251,866 Est. Cost $47.88 Unrealized +22.2%

CBSH COMMERCE BANCSHARES INC 2.8%

Value $13.94M Shares 233,265 Est. Cost $40.00 Unrealized +45.7%

KEYS KEYSIGHT TECHNOLOGIES INC 2.8%

Value $13.93M Shares 79,620 Est. Cost $144.37 Unrealized +15.4%

CASS CASS INFORMATION SYS INC 2.8%

Value $13.81M Shares 351,073 Est. Cost $41.01 Unrealized +2.7%

LH LABORATORY CORP AMER HLDGS 2.7%

Value $13.74M Shares 47,868 Est. Cost $200.39 Unrealized +33.1%

STE STERIS PLC SHS USD 2.7%

Value $13.6M Shares 54,977 Est. Cost $166.62 Unrealized +43.4%

ATR APTARGROUP INC 2.7%

Value $13.29M Shares 99,470 Est. Cost $113.97 Unrealized +25.8%

MSA MSA SAFETY INC 2.6%

Value $12.96M Shares 75,300 Est. Cost $159.33 Unrealized +8.5%

MHK MOHAWK INDS INC 2.5%

Value $12.54M Shares 97,277 Est. Cost $122.13 Unrealized +1.4%

MWA MUELLER WTR PRODS INC 2.5%

Value $12.53M Shares 491,022 Est. Cost $9.97 Unrealized +154.3%

DVA DAVITA HEALTHCARE PARTNERS 2.5%

Value $12.42M Shares 93,463 Est. Cost $75.92 Unrealized +80.9%

WRB BERKLEY W R CORP 2.3%

Value $11.74M Shares 153,169 Est. Cost $38.68 Unrealized +81.0%

MGEE MGE ENERGY INC 2.3%

Value $11.41M Shares 135,559 Est. Cost $71.74 Unrealized +17.8%

DVN DEVON ENERGY CORP NEW 2.3%

Value $11.35M Shares 323,606 Est. Cost $36.35 Unrealized -7.5%

CHRW C H ROBINSON WORLDWIDE INC 2.2%

Value $11.01M Shares 83,150 Est. Cost $75.03 Unrealized +55.2%

TFX TELEFLEX INCORPORATED 2.2%

Value $10.86M Shares 88,757 Est. Cost $206.29 Unrealized -41.5%

CASY CASEYS GEN STORES INC 2.2%

Value $10.85M Shares 19,199 Est. Cost $101.43 Unrealized +414.5%

FMC FMC CORP 2.1%

Value $10.37M Shares 308,478 Est. Cost $65.80 Unrealized -42.0%

NTRS NORTHERN TRUST CORP 1.8%

Value $9.243M Shares 68,669 Est. Cost $65.10 Unrealized +95.6%

AZZ AZZ INC 1.8%

Value $9.025M Shares 82,704 Est. Cost $87.71 Unrealized +26.0%

BRO BROWN & BROWN INC 1.8%

Value $8.89M Shares 94,787 Est. Cost $59.19 Unrealized +64.2%

— REV GROUP INC 1.4%

Value $6.851M Shares 120,886 Est. Cost $32.01 Unrealized —

HRL HORMEL FOODS CORP 0.8%

Value $4.169M Shares 168,522 Est. Cost $27.32 Unrealized 0.0%

WSM WILLIAMS SONOMA INC 0.3%

Value $1.737M Shares 8,888 Est. Cost $94.71 Unrealized +101.0%

ETN EATON CORP PLC SHS 0.3%

Value $1.469M Shares 3,926 Est. Cost $74.72 Unrealized +386.2%

MCY MERCURY GEN CORP NEW 0.2%

Value $1.237M Shares 14,586 Est. Cost $34.70 Unrealized +112.6%

NSIT INSIGHT ENTERPRISES INC 0.1%

Value $708K Shares 6,244 Est. Cost $58.22 Unrealized +123.5%

HSIC SCHEIN HENRY INC 0.1%

Value $409K Shares 6,166 Est. Cost $74.40 Unrealized -7.0%

WERN WERNER ENTERPRISES INC 0.1%

Value $383K Shares 14,563 Est. Cost $36.46 Unrealized -23.1%

PGR PROGRESSIVE CORP OHIO 0.1%

Value $352K Shares 1,426 Est. Cost $24.72 Unrealized +837.2%

LEG LEGGETT & PLATT INC 0.0%

Value $241K Shares 27,094 Est. Cost $37.93 Unrealized -74.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HXL	HEXCEL CORP NEW	329,538	$20.66M	4.1%	$61.56	-0.2%	—	428291108
RPM	RPM INTL INC	166,873	$19.67M	3.9%	$84.99	+41.2%	—	749685103
ZBH	ZIMMER HLDGS INC	199,491	$19.65M	3.9%	$110.82	-11.0%	—	98956P102
GNTX	GENTEX CORP	689,585	$19.52M	3.9%	$28.66	-7.3%	—	371901109
WTM	WHITE MOUNT INS GRP LTD	11,262	$18.82M	3.8%	$872.68	+104.5%	—	G9618E107
ARW	ARROW ELECTRS INC	153,646	$18.59M	3.7%	$89.37	+40.8%	—	042735100
MTB	M & T BANK CORP	94,021	$18.58M	3.7%	$110.89	+74.7%	—	55261F104
SJM	SMUCKER J M CO	164,248	$17.84M	3.6%	$101.67	+5.2%	—	832696405
ORLY	O REILLY AUTOMOTIVE INC	156,212	$16.84M	3.4%	$86.76	+15.9%	—	67103H107
TTC	TORO CO	208,738	$15.91M	3.2%	$88.23	-13.1%	—	891092108
WAB	WABTEC CORP	76,480	$15.33M	3.1%	$76.61	+157.2%	—	929740108
SON	SONOCO PRODUCTS	351,050	$15.13M	3.0%	$40.22	+12.8%	—	835495102
IEX	IDEX CORP	89,429	$14.55M	2.9%	$151.05	+11.3%	—	45167R104
TSCO	TRACTOR SUPPLY CO	251,866	$14.32M	2.9%	$47.88	+22.2%	—	892356106
CBSH	COMMERCE BANCSHARES INC	233,265	$13.94M	2.8%	$40.00	+45.7%	—	200525103
KEYS	KEYSIGHT TECHNOLOGIES INC	79,620	$13.93M	2.8%	$144.37	+15.4%	—	49338L103
CASS	CASS INFORMATION SYS INC	351,073	$13.81M	2.8%	$41.01	+2.7%	—	14808P109
LH	LABORATORY CORP AMER HLDGS	47,868	$13.74M	2.7%	$200.39	+33.1%	—	504922105
STE	STERIS PLC SHS USD	54,977	$13.6M	2.7%	$166.62	+43.4%	—	G8473T100
ATR	APTARGROUP INC	99,470	$13.29M	2.7%	$113.97	+25.8%	—	038336103
MSA	MSA SAFETY INC	75,300	$12.96M	2.6%	$159.33	+8.5%	—	553498106
MHK	MOHAWK INDS INC	97,277	$12.54M	2.5%	$122.13	+1.4%	—	608190104
MWA	MUELLER WTR PRODS INC	491,022	$12.53M	2.5%	$9.97	+154.3%	—	624758108
DVA	DAVITA HEALTHCARE PARTNERS	93,463	$12.42M	2.5%	$75.92	+80.9%	—	23918K108
WRB	BERKLEY W R CORP	153,169	$11.74M	2.3%	$38.68	+81.0%	—	084423102
MGEE	MGE ENERGY INC	135,559	$11.41M	2.3%	$71.74	+17.8%	—	55277P104
DVN	DEVON ENERGY CORP NEW	323,606	$11.35M	2.3%	$36.35	-7.5%	—	25179M103
CHRW	C H ROBINSON WORLDWIDE INC	83,150	$11.01M	2.2%	$75.03	+55.2%	—	12541W209
TFX	TELEFLEX INCORPORATED	88,757	$10.86M	2.2%	$206.29	-41.5%	—	879369106
CASY	CASEYS GEN STORES INC	19,199	$10.85M	2.2%	$101.43	+414.5%	—	147528103
FMC	FMC CORP	308,478	$10.37M	2.1%	$65.80	-42.0%	—	302491303
NTRS	NORTHERN TRUST CORP	68,669	$9.243M	1.8%	$65.10	+95.6%	—	665859104
AZZ	AZZ INC	82,704	$9.025M	1.8%	$87.71	+26.0%	—	002474104
BRO	BROWN & BROWN INC	94,787	$8.89M	1.8%	$59.19	+64.2%	—	115236101
—	REV GROUP INC	120,886	$6.851M	1.4%	$32.01	—	—	749527107
HRL	HORMEL FOODS CORP	168,522	$4.169M	0.8%	$27.32	0.0%	—	440452100
WSM	WILLIAMS SONOMA INC	8,888	$1.737M	0.3%	$94.71	+101.0%	—	969904101
ETN	EATON CORP PLC SHS	3,926	$1.469M	0.3%	$74.72	+386.2%	—	G29183103
MCY	MERCURY GEN CORP NEW	14,586	$1.237M	0.2%	$34.70	+112.6%	—	589400100
NSIT	INSIGHT ENTERPRISES INC	6,244	$708K	0.1%	$58.22	+123.5%	—	45765U103
HSIC	SCHEIN HENRY INC	6,166	$409K	0.1%	$74.40	-7.0%	—	806407102
WERN	WERNER ENTERPRISES INC	14,563	$383K	0.1%	$36.46	-23.1%	—	950755108
PGR	PROGRESSIVE CORP OHIO	1,426	$352K	0.1%	$24.72	+837.2%	—	743315103
LEG	LEGGETT & PLATT INC	27,094	$241K	0.0%	$37.93	-74.9%	—	524660107