SPEECE THORSON CAPITAL GROUP INC

CIK

900169

Location

MINNETONKA, MN

Portfolio Value

Small $438,989,422

Diversification

Diversified

Filing Date

Global Rank

#2,792 / 8,603 ▼ 1 · as of Mar 2026

Top Industry

Banks - Regional 6.9%

3Y Alpha vs SPY

-12.3%

Period ended 3 months ago

Filed Apr 29, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+25.2%

SPY

+76.5%

Annualised alpha

-13.1%

Max drawdown

−21.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

38 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.7%

−0.2 pts

Top 5

19.6%

−1.1 pts

Top 10

36.2%

−1.4 pts

HHI

293

Diversified−18

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	28.1%	$123,231,187	10
Financial Services	17.4%	$76,319,196	6
Consumer Cyclical	16.1%	$70,509,261	6
Healthcare	14.2%	$62,377,058	5
Technology	8.8%	$38,455,740	4
Basic Materials	4.4%	$19,277,141	2
Consumer Defensive	3.5%	$15,357,279	2
Utilities	3.3%	$14,650,087	1
Energy	3.2%	$14,171,671	1
Communication Services	1.1%	$4,640,802	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
NSIT	Insight Enterprises Inc	+78,191	84,435	$5,657,989
TFX	Teleflex Inc	+22,676	106,277	$12,711,791
STE	STERIS plc	+12,366	64,431	$14,247,627
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MWA	Mueller Water Products, Inc.	−93,019	374,566	$10,296,819
HXL	Hexcel Corp /De/	−79,892	205,013	$16,591,702
TTC	Toro Co	−46,481	150,153	$14,030,296
ARW	Arrow Electronics, Inc.	−44,169	101,062	$14,493,301
GNTX	Gentex Corp	−41,931	608,982	$13,306,256
MHK	Mohawk Industries Inc	−25,555	66,497	$6,547,294
SON	Sonoco Products Co	−24,970	306,637	$16,585,995
CHRW	C. H. Robinson Worldwide, Inc.	−24,315	38,524	$6,397,680
TSCO	Tractor Supply Co /De/	−22,900	284,459	$12,885,992
DVN	Devon Energy Corp/De	−21,982	281,631	$14,171,671
ORLY	O Reilly Automotive Inc	−21,158	126,996	$11,723,000
AZZ	Azz Inc	−20,696	92,617	$11,589,165
WAB	Westinghouse Air Brake Technologies Corp	−19,703	52,684	$13,166,258
CBSH	Commerce Bancshares Inc /Mo/	−19,300	338,636	$16,660,891
ZBH	Zimmer Biomet Holdings, Inc.	−13,824	141,354	$12,781,228
KEYS	Keysight Technologies, Inc.	−13,511	38,396	$10,841,878
WRB	Berkley W R Corp	−13,008	131,854	$8,739,283
BRO	Brown & Brown, Inc.	−12,964	144,149	$9,399,956
RPM	Rpm International Inc/De/	−12,701	144,959	$14,408,924
NTRS	Northern Trust Corp	−12,311	53,029	$7,401,257
CASS	Cass Information Systems Inc	−10,360	354,237	$15,593,512
SJM	J M SMUCKER Co	−9,689	119,610	$11,535,188
MTB	M&T Bank Corp	−8,066	65,175	$13,472,976
MSA	MSA Safety Inc	−7,993	85,165	$13,962,801
ATR	Aptargroup, Inc.	−7,107	86,801	$10,938,662
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
TRMB	Trimble Inc.	114,404	$7,462,572
TEX	Terex Corp	108,700	$6,424,170
FUL	Fuller H B Co	78,927	$4,868,217
MAX	MediaAlpha, Inc.	499,011	$4,640,802
MKC	Mccormick & Co Inc	75,775	$3,822,091
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
DVA	Davita Inc.	88,552	$10,060,392
WSM	Williams Sonoma Inc	8,888	$1,587,307
MCY	Mercury General Corp	14,586	$1,371,959
ETN	Eaton Corp plc	3,775	$1,202,375
HSIC	Henry Schein Inc	6,166	$466,026
WERN	Werner Enterprises Inc	14,563	$437,035
PGR	Progressive Corp/Oh/	1,426	$324,728
LEG	Leggett & Platt Inc	27,094	$298,034
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

38 positions · $438,989,422 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WTM	White Mountains Insurance Group Ltd Financial Services	Reduced	9,397	-1,275	$20,644,833	−6.9%	4.70%
CBSH	Commerce Bancshares Inc /Mo/ Financial Services	Reduced	338,636	-19,300	$16,660,891	−11.1%	3.80%
HXL	Hexcel Corp /De/ Industrials	Reduced	205,013	-79,892	$16,591,702	−21.2%	3.78%
SON	Sonoco Products Co Consumer Cyclical	Reduced	306,637	-24,970	$16,585,995	+14.6%	3.78%
CASS	Cass Information Systems Inc Industrials	Reduced	354,237	-10,360	$15,593,512	+3.0%	3.55%
IEX	Idex Corp /De/ Industrials	Reduced	80,078	-5,034	$15,178,784	+0.2%	3.46%
MGEE	Mge Energy Inc Utilities	Reduced	189,547	-6,049	$14,650,087	−4.5%	3.34%
ARW	Arrow Electronics, Inc. Technology	Reduced	101,062	-44,169	$14,493,301	−9.4%	3.30%
RPM	Rpm International Inc/De/ Basic Materials	Reduced	144,959	-12,701	$14,408,924	−12.1%	3.28%
STE	STERIS plc Healthcare	Added	64,431	+12,366	$14,247,627	+7.9%	3.25%
DVN	Devon Energy Corp/De Energy	Reduced	281,631	-21,982	$14,171,671	+27.4%	3.23%
TTC	Toro Co Industrials	Reduced	150,153	-46,481	$14,030,296	−9.4%	3.20%
MSA	MSA Safety Inc Industrials	Reduced	85,165	-7,993	$13,962,801	−6.4%	3.18%
MTB	M&T Bank Corp Financial Services	Reduced	65,175	-8,066	$13,472,976	−8.7%	3.07%
GNTX	Gentex Corp Consumer Cyclical	Reduced	608,982	-41,931	$13,306,256	−12.2%	3.03%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Reduced	52,684	-19,703	$13,166,258	−14.8%	3.00%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Reduced	284,459	-22,900	$12,885,992	−16.2%	2.94%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Reduced	141,354	-13,824	$12,781,228	−8.4%	2.91%
TFX	Teleflex Inc Healthcare	Added	106,277	+22,676	$12,711,791	+24.6%	2.90%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	126,996	-21,158	$11,723,000	−13.2%	2.67%
LH	Labcorp Holdings Inc. Healthcare	Reduced	43,843	-1,282	$11,697,750	+3.3%	2.66%
AZZ	Azz Inc Industrials	Reduced	92,617	-20,696	$11,589,165	−4.6%	2.64%
SJM	J M SMUCKER Co Consumer Defensive	Reduced	119,610	-9,689	$11,535,188	−8.8%	2.63%
ATR	Aptargroup, Inc. Healthcare	Reduced	86,801	-7,107	$10,938,662	−4.5%	2.49%
KEYS	Keysight Technologies, Inc. Technology	Reduced	38,396	-13,511	$10,841,878	+2.8%	2.47%
MWA	Mueller Water Products, Inc. Industrials	Reduced	374,566	-93,019	$10,296,819	−7.6%	2.35%
CASY	Caseys General Stores Inc Consumer Cyclical	Reduced	12,998	-5,407	$9,460,724	−7.0%	2.16%
BRO	Brown & Brown, Inc. Financial Services	Reduced	144,149	-12,964	$9,399,956	−24.9%	2.14%
WRB	Berkley W R Corp Financial Services	Reduced	131,854	-13,008	$8,739,283	−14.0%	1.99%
TRMB	Trimble Inc. Technology	NEW	114,404	NEW	$7,462,572	NEW	1.70%
NTRS	Northern Trust Corp Financial Services	Reduced	53,029	-12,311	$7,401,257	−17.1%	1.69%
MHK	Mohawk Industries Inc Consumer Cyclical	Reduced	66,497	-25,555	$6,547,294	−34.9%	1.49%
TEX	Terex Corp Industrials	NEW	108,700	NEW	$6,424,170	NEW	1.46%
CHRW	C. H. Robinson Worldwide, Inc. Industrials	Reduced	38,524	-24,315	$6,397,680	−36.7%	1.46%
NSIT	Insight Enterprises Inc Technology	Added	84,435	+78,191	$5,657,989	+1012.2%	1.29%
FUL	Fuller H B Co Basic Materials	NEW	78,927	NEW	$4,868,217	NEW	1.11%
MAX	MediaAlpha, Inc. Communication Services	NEW	499,011	NEW	$4,640,802	NEW	1.06%
MKC	Mccormick & Co Inc Consumer Defensive	NEW	75,775	NEW	$3,822,091	NEW	0.87%