SPEECE THORSON CAPITAL GROUP INC Concentrated Active

Location: Minnetonka, MN

CIK: 0000900169 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 29, 2026

Total Value: $462M

Holdings (42)

WTM WHITE MOUNT INS GRP LTD 4.8%

Value $22.18M Shares 10,672 Est. Cost $872.68 Unrealized +124.1%

HXL HEXCEL CORP NEW 4.6%

Value $21.05M Shares 284,905 Est. Cost $61.56 Unrealized +14.9%

CBSH COMMERCE BANCSHARES INC 4.1%

Value $18.73M Shares 357,936 Est. Cost $44.22 Unrealized +17.8%

RPM RPM INTL INC 3.5%

Value $16.4M Shares 157,660 Est. Cost $84.99 Unrealized +27.4%

ARW ARROW ELECTRS INC 3.5%

Value $16M Shares 145,231 Est. Cost $89.37 Unrealized +27.1%

TTC TORO CO 3.4%

Value $15.48M Shares 196,634 Est. Cost $88.23 Unrealized -16.2%

WAB WABTEC CORP 3.3%

Value $15.45M Shares 72,387 Est. Cost $76.61 Unrealized +168.0%

TSCO TRACTOR SUPPLY CO 3.3%

Value $15.37M Shares 307,359 Est. Cost $48.93 Unrealized +9.8%

MGEE MGE ENERGY INC 3.3%

Value $15.34M Shares 195,596 Est. Cost $74.86 Unrealized +9.4%

GNTX GENTEX CORP 3.3%

Value $15.15M Shares 650,913 Est. Cost $28.66 Unrealized -15.9%

IEX IDEX CORP 3.3%

Value $15.14M Shares 85,112 Est. Cost $151.05 Unrealized +13.1%

CASS CASS INFORMATION SYS INC 3.3%

Value $15.14M Shares 364,597 Est. Cost $40.99 Unrealized -1.2%

MSA MSA SAFETY INC 3.2%

Value $14.92M Shares 93,158 Est. Cost $160.00 Unrealized +1.8%

MTB M & T BANK CORP 3.2%

Value $14.76M Shares 73,241 Est. Cost $110.89 Unrealized +71.4%

SON SONOCO PRODUCTS 3.1%

Value $14.47M Shares 331,607 Est. Cost $40.22 Unrealized +2.4%

ZBH ZIMMER HLDGS INC 3.0%

Value $13.95M Shares 155,178 Est. Cost $110.82 Unrealized -14.7%

ORLY O REILLY AUTOMOTIVE INC 2.9%

Value $13.51M Shares 148,154 Est. Cost $86.76 Unrealized +12.6%

STE STERIS PLC SHS USD 2.9%

Value $13.2M Shares 52,065 Est. Cost $166.62 Unrealized +50.7%

SJM SMUCKER J M CO 2.7%

Value $12.65M Shares 129,299 Est. Cost $101.67 Unrealized +1.2%

BRO BROWN & BROWN INC 2.7%

Value $12.52M Shares 157,113 Est. Cost $68.78 Unrealized +21.2%

AZZ AZZ INC 2.6%

Value $12.14M Shares 113,313 Est. Cost $91.96 Unrealized +12.5%

ATR APTARGROUP INC 2.5%

Value $11.45M Shares 93,908 Est. Cost $113.97 Unrealized +7.9%

LH LABORATORY CORP AMER HLDGS 2.5%

Value $11.32M Shares 45,125 Est. Cost $200.39 Unrealized +32.3%

MWA MUELLER WTR PRODS INC 2.4%

Value $11.14M Shares 467,585 Est. Cost $9.97 Unrealized +147.7%

DVN DEVON ENERGY CORP NEW 2.4%

Value $11.12M Shares 303,613 Est. Cost $36.35 Unrealized -4.5%

KEYS KEYSIGHT TECHNOLOGIES INC 2.3%

Value $10.55M Shares 51,907 Est. Cost $144.37 Unrealized +28.5%

TFX TELEFLEX INCORPORATED 2.2%

Value $10.2M Shares 83,601 Est. Cost $206.29 Unrealized -41.3%

CASY CASEYS GEN STORES INC 2.2%

Value $10.17M Shares 18,405 Est. Cost $101.43 Unrealized +441.9%

WRB BERKLEY W R CORP 2.2%

Value $10.16M Shares 144,862 Est. Cost $38.68 Unrealized +88.1%

CHRW C H ROBINSON WORLDWIDE INC 2.2%

Value $10.1M Shares 62,839 Est. Cost $75.03 Unrealized +96.4%

MHK MOHAWK INDS INC 2.2%

Value $10.06M Shares 92,052 Est. Cost $122.13 Unrealized -6.0%

DVA DAVITA HEALTHCARE PARTNERS 2.2%

Value $10.06M Shares 88,552 Est. Cost $75.92 Unrealized +60.2%

NTRS NORTHERN TRUST CORP 1.9%

Value $8.925M Shares 65,340 Est. Cost $65.10 Unrealized +100.8%

— REV GROUP INC 1.5%

Value $6.933M Shares 114,016 Est. Cost $32.01 Unrealized —

WSM WILLIAMS SONOMA INC 0.3%

Value $1.587M Shares 8,888 Est. Cost $94.71 Unrealized +97.7%

MCY MERCURY GEN CORP NEW 0.3%

Value $1.372M Shares 14,586 Est. Cost $34.70 Unrealized +150.0%

ETN EATON CORP PLC SHS 0.3%

Value $1.202M Shares 3,775 Est. Cost $74.72 Unrealized +374.3%

NSIT INSIGHT ENTERPRISES INC 0.1%

Value $509K Shares 6,244 Est. Cost $58.22 Unrealized +61.1%

HSIC SCHEIN HENRY INC 0.1%

Value $466K Shares 6,166 Est. Cost $74.40 Unrealized -5.4%

WERN WERNER ENTERPRISES INC 0.1%

Value $437K Shares 14,563 Est. Cost $36.46 Unrealized -24.6%

PGR PROGRESSIVE CORP OHIO 0.1%

Value $325K Shares 1,426 Est. Cost $24.72 Unrealized +758.8%

LEG LEGGETT & PLATT INC 0.1%

Value $298K Shares 27,094 Est. Cost $37.93 Unrealized -74.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WTM	WHITE MOUNT INS GRP LTD	10,672	$22.18M	4.8%	$872.68	+124.1%	—	G9618E107
HXL	HEXCEL CORP NEW	284,905	$21.05M	4.6%	$61.56	+14.9%	—	428291108
CBSH	COMMERCE BANCSHARES INC	357,936	$18.73M	4.1%	$44.22	+17.8%	—	200525103
RPM	RPM INTL INC	157,660	$16.4M	3.5%	$84.99	+27.4%	—	749685103
ARW	ARROW ELECTRS INC	145,231	$16M	3.5%	$89.37	+27.1%	—	042735100
TTC	TORO CO	196,634	$15.48M	3.4%	$88.23	-16.2%	—	891092108
WAB	WABTEC CORP	72,387	$15.45M	3.3%	$76.61	+168.0%	—	929740108
TSCO	TRACTOR SUPPLY CO	307,359	$15.37M	3.3%	$48.93	+9.8%	—	892356106
MGEE	MGE ENERGY INC	195,596	$15.34M	3.3%	$74.86	+9.4%	—	55277P104
GNTX	GENTEX CORP	650,913	$15.15M	3.3%	$28.66	-15.9%	—	371901109
IEX	IDEX CORP	85,112	$15.14M	3.3%	$151.05	+13.1%	—	45167R104
CASS	CASS INFORMATION SYS INC	364,597	$15.14M	3.3%	$40.99	-1.2%	—	14808P109
MSA	MSA SAFETY INC	93,158	$14.92M	3.2%	$160.00	+1.8%	—	553498106
MTB	M & T BANK CORP	73,241	$14.76M	3.2%	$110.89	+71.4%	—	55261F104
SON	SONOCO PRODUCTS	331,607	$14.47M	3.1%	$40.22	+2.4%	—	835495102
ZBH	ZIMMER HLDGS INC	155,178	$13.95M	3.0%	$110.82	-14.7%	—	98956P102
ORLY	O REILLY AUTOMOTIVE INC	148,154	$13.51M	2.9%	$86.76	+12.6%	—	67103H107
STE	STERIS PLC SHS USD	52,065	$13.2M	2.9%	$166.62	+50.7%	—	G8473T100
SJM	SMUCKER J M CO	129,299	$12.65M	2.7%	$101.67	+1.2%	—	832696405
BRO	BROWN & BROWN INC	157,113	$12.52M	2.7%	$68.78	+21.2%	—	115236101
AZZ	AZZ INC	113,313	$12.14M	2.6%	$91.96	+12.5%	—	002474104
ATR	APTARGROUP INC	93,908	$11.45M	2.5%	$113.97	+7.9%	—	038336103
LH	LABORATORY CORP AMER HLDGS	45,125	$11.32M	2.5%	$200.39	+32.3%	—	504922105
MWA	MUELLER WTR PRODS INC	467,585	$11.14M	2.4%	$9.97	+147.7%	—	624758108
DVN	DEVON ENERGY CORP NEW	303,613	$11.12M	2.4%	$36.35	-4.5%	—	25179M103
KEYS	KEYSIGHT TECHNOLOGIES INC	51,907	$10.55M	2.3%	$144.37	+28.5%	—	49338L103
TFX	TELEFLEX INCORPORATED	83,601	$10.2M	2.2%	$206.29	-41.3%	—	879369106
CASY	CASEYS GEN STORES INC	18,405	$10.17M	2.2%	$101.43	+441.9%	—	147528103
WRB	BERKLEY W R CORP	144,862	$10.16M	2.2%	$38.68	+88.1%	—	084423102
CHRW	C H ROBINSON WORLDWIDE INC	62,839	$10.1M	2.2%	$75.03	+96.4%	—	12541W209
MHK	MOHAWK INDS INC	92,052	$10.06M	2.2%	$122.13	-6.0%	—	608190104
DVA	DAVITA HEALTHCARE PARTNERS	88,552	$10.06M	2.2%	$75.92	+60.2%	—	23918K108
NTRS	NORTHERN TRUST CORP	65,340	$8.925M	1.9%	$65.10	+100.8%	—	665859104
—	REV GROUP INC	114,016	$6.933M	1.5%	$32.01	—	—	749527107
WSM	WILLIAMS SONOMA INC	8,888	$1.587M	0.3%	$94.71	+97.7%	—	969904101
MCY	MERCURY GEN CORP NEW	14,586	$1.372M	0.3%	$34.70	+150.0%	—	589400100
ETN	EATON CORP PLC SHS	3,775	$1.202M	0.3%	$74.72	+374.3%	—	G29183103
NSIT	INSIGHT ENTERPRISES INC	6,244	$509K	0.1%	$58.22	+61.1%	—	45765U103
HSIC	SCHEIN HENRY INC	6,166	$466K	0.1%	$74.40	-5.4%	—	806407102
WERN	WERNER ENTERPRISES INC	14,563	$437K	0.1%	$36.46	-24.6%	—	950755108
PGR	PROGRESSIVE CORP OHIO	1,426	$325K	0.1%	$24.72	+758.8%	—	743315103
LEG	LEGGETT & PLATT INC	27,094	$298K	0.1%	$37.93	-74.1%	—	524660107