Latest Front Street Capital Management, Inc. Stock Portfolio

Front Street Capital Management, Inc. Performance:

2025 Q2: 9.4%YTD: 1.36%2024: 9.37%

Performance for 2025 Q2 is 9.4%, and YTD is 1.36%, and 2024 is 9.37%.

About Front Street Capital Management, Inc. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Front Street Capital Management, Inc. reported an equity portfolio of $521.9 Millions as of 30 Jun, 2025.

The top stock holdings of Front Street Capital Management, Inc. are GE, LUMN, CGNX. The fund has invested 11.5% of it's portfolio in GE AEROSPACE and 10% of portfolio in LUMEN TECHNOLOGIES INC.

The fund managers got completely rid off VANGUARD FTSE SOCIAL INDEX ADMIRAL (EDV), SCHWAB S&P 500 INDEX and BELDEN (BDC) stocks. They significantly reduced their stock positions in KIMBALL ELECTRONICS (KE), VANGUARD S&P 500 ETF (VB) and MARKEL CP COM (MKL). Front Street Capital Management, Inc. opened new stock positions in AZENTA INC (AZTA), APPLIED MATLS INC (AMAT) and META PLATFORMS INC (META). The fund showed a lot of confidence in some stocks as they added substantially to INTERNATIONAL PAPER COMPANY (IP), COLUMBUS MCKINNON CORP (CMCO) and QUALCOMM INC (QCOM).

Front Street Capital Management, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Front Street Capital Management, Inc. made a return of 9.4% in the last quarter. In trailing 12 months, it's portfolio return was 9.62%.

New Buys

Ticker	$ Bought
azenta inc	1,864,000
applied matls inc	751,000
meta platforms inc	256,000
exxon mobil corp	217,000
amer express co	207,000
rtx corp	204,000
rogers corp	201,000
standard biotools inc	145,000

New stocks bought by Front Street Capital Management, Inc.

Additions

Ticker	% Inc.
international paper company	228
columbus mckinnon corp	30.81
qualcomm inc	24.45
johnson and johnson	15.97
adobe systems inc com	8.2
expeditors international of wa	6.96
starbucks corp	6.59
miller knoll inc	6.58

Additions to existing portfolio by Front Street Capital Management, Inc.

Reductions

Ticker	% Reduced
kimball electronics	-95.29
vanguard s&p 500 etf	-91.05
vanguard total stock market et	-75.55
markel cp com	-47.95
procter & gamble co	-47.06
paypal holdings	-45.03
berkshire hathaway inc cl b	-27.59
amazon.com inc com	-25.41

Front Street Capital Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
vanguard ftse social index admiral	-2,102,000
schwab s&p 500 index	-1,395,000
belden	-216,000

Front Street Capital Management, Inc. got rid off the above stocks

Sector Distribution

Front Street Capital Management, Inc. has about 30% of it's holdings in Industrials sector.

Sector	%
Industrials	30
Technology	19.8
Others	17.4
Communication Services	10.4
Consumer Cyclical	5.5
Consumer Defensive	5.4
Healthcare	5.1
Real Estate	3.2
Basic Materials	2.1

Market Cap. Distribution

Front Street Capital Management, Inc. has about 34% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	39.9
LARGE-CAP	25.4
UNALLOCATED	17.4
SMALL-CAP	8.7
MEGA-CAP	8.6

Stocks belong to which Index?

About 62% of the stocks held by Front Street Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	38
S&P 500	33.7
RUSSELL 2000	28.3

Top 5 Winners (%)		%
LITE	lumentum hldgs inc	52.5 %
NVDA	nvidia corp com	45.3 %
MTW	manitowoc inc com	39.9 %
COHR	coherent	37.4 %
CIEN	ciena corporation	34.6 %

Top 5 Winners ($)		$
GE	ge aerospace	14.0 M
MTW	manitowoc inc com	11.3 M
LUMN	lumen technologies inc	5.4 M
LITE	lumentum hldgs inc	3.6 M
COHR	coherent	2.9 M

Top 5 Losers (%)		%
GPN	global payments inc	-18.3 %
ENOV	enovis corporation com	-17.9 %
CVX	chevron corporation	-13.9 %
CMCO	columbus mckinnon corp	-7.7 %
AAPL	apple computer inc	-7.5 %

Top 5 Losers ($)		$
ENOV	enovis corporation com	-1.8 M
GPN	global payments inc	-1.1 M
DHR	danaher corp del com	-0.9 M
AAPL	apple computer inc	-0.5 M
CMCO	columbus mckinnon corp	-0.3 M

Front Street Capital Management, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Front Street Capital Management, Inc.

Front Street Capital Management, Inc. has 70 stocks in it's portfolio. About 65.8% of the portfolio is in top 10 stocks. ENOV proved to be the most loss making stock for the portfolio. GE was the most profitable stock for Front Street Capital Management, Inc. last quarter.

Last Reported on: 15 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	GE	ge aerospace	11.46	232,426	59,824,000	reduced	-4.88
Historical Trend of GE AEROSPACE Position Held By Front Street Capital Management, Inc. What % of Portfolio is GE?: Number of GE shares held: Change in No. of Shares Held:
	LUMN	lumen technologies inc	10.04	11,969,100	52,425,000	added	1.12

	CGNX	cognex corp	8.05	1,324,830	42,024,000	reduced	-4.49

	MTW	manitowoc inc com	7.55	3,276,820	39,387,000	reduced	-0.78

		berkshire hathaway inc cl b	6.63	71,285	34,628,000	reduced	-27.59

		ge vernova inc	5.71	56,313	29,798,000	reduced	-3.41

	COST	costco wholesale corp-new	4.92	25,944	25,683,000	reduced	-2.94

	DHR	danaher corp del com	4.68	123,557	24,407,000	reduced	-0.19

	ESAB	esab corportaion com	3.58	155,197	18,709,000	reduced	-4.47

	JOE	st joe cp com	3.20	350,142	16,702,000	reduced	-1.94

	MLKN	miller knoll inc	2.42	649,373	12,611,000	added	6.58

	TEX	terex corp new	2.32	259,606	12,121,000	reduced	-0.47

	GLW	corning inc	2.19	217,546	11,441,000	reduced	-0.34

	NUE	nucor corp	2.15	86,608	11,219,000	reduced	-0.24

	COHR	coherent	2.04	119,591	10,669,000	reduced	-0.11

	LITE	lumentum hldgs inc	1.98	108,933	10,355,000	reduced	-0.4

		ats corp	1.80	293,985	9,372,000	added	1.74

	CIEN	ciena corporation	1.56	100,296	8,157,000	reduced	-0.08

	MOD	modine manufacturing	1.47	77,931	7,676,000	added	0.00

	VNT	vontier corp	1.37	194,360	7,172,000	reduced	-9.19