Latest Front Street Capital Management, Inc. Stock Portfolio

Front Street Capital Management, Inc. Performance:

2025 Q4: 10.08%YTD: 29.31%2024: -9.62%

Performance for 2025 Q4 is 10.08%, and YTD is 29.31%, and 2024 is -9.62%.

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

On 2026-02-18, the fund reported it's updated stock portfolio. In the 13F Holdings report, Front Street Capital Management, Inc. reported an equity portfolio of $704.3 Millions as of 31 Dec, 2025.

The top stock holdings of Front Street Capital Management, Inc. are LUMN, GE, CGNX. The fund has invested 13.4% of it's portfolio in LUMEN TECHNOLOGIES INC and 9.1% of portfolio in GE AEROSPACE.

The fund managers got completely rid off VANGUARD 500 INDEX ADMIRAL (VB), VANGUARD FTSE SOCIAL INDEX ADMIRAL (EDV) and SCHWAB S&P 500 INDEX stocks. They significantly reduced their stock positions in ADVANCED MICRO DEV (AMD), INTERFACE INC (TILE) and CISCO SYSTEMS (CSCO). Front Street Capital Management, Inc. opened new stock positions in HNI CORP (HNI), PROGRESSIVE CORP (PGR) and RTX CORP (RTX). The fund showed a lot of confidence in some stocks as they added substantially to INTERNATIONAL PAPER COMPANY (IP), BAXTER INTL INC (BAX) and ENOVIS CORPORATION COM (ENOV).

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 10.08% in the last quarter. In trailing 12 months, it's portfolio return was 29.31%.

Performance
S&P 500

New Buys

Ticker	$ Bought
hni corp	2,541,000
progressive corp	503,000
rtx corp	296,000
exxon mobil corp	242,000
illinois tool wks	123,000
sei investments co	93,000

New stocks bought by Front Street Capital Management, Inc.

Additions

Ticker	% Inc.
international paper company	122
baxter intl inc	85.17
enovis corporation com	75.81
markel cp com	69.05
paypal holdings	68.64
vanguard total stock market et	31.22
qualcomm inc	24.53
verizon communications inc	19.69

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

Reductions

Ticker	% Reduced
advanced micro dev	-48.48
interface inc	-32.69
cisco systems	-28.64
rogers corp	-27.98
jpmorgan chase and co	-25.73
google inc cl a	-23.54
parker-hannifin corp	-18.97
coherent	-17.33

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

Sold off

Ticker	$ Sold
schwab s&p 500 index	-2,226,000
vanguard ftse social index admiral	-2,545,000
vanguard 500 index admiral	-7,019,000
applied matls inc	-839,000
meta platforms inc	-257,000

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

Sector Distribution

Front Street Capital Management, Inc. has about 23.4% of it's holdings in Industrials sector.

Sector	%
Industrials	23.4
Technology	23
Others	19
Communication Services	13.8
Healthcare	6.6
Consumer Cyclical	5.3
Consumer Defensive	3
Real Estate	2.8
Basic Materials	2

Market Cap. Distribution

Front Street Capital Management, Inc. has about 41.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	28.6
LARGE-CAP	25.7
UNALLOCATED	19
MEGA-CAP	15.8
SMALL-CAP	10.9

Stocks belong to which Index?

About 57.2% of the stocks held by Front Street Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	42.8
S&P 500	29.1
RUSSELL 2000	28.1

Top 5 Winners (%)		%
LITE	lumentum hldgs inc	120.7 %
COHR	coherent	65.2 %
CIEN	ciena corporation	57.0 %
LUMN	lumen technologies inc	27.4 %
GOOG	google inc cl c	25.7 %

Top 5 Winners ($)		$
LITE	lumentum hldgs inc	20.7 M
LUMN	lumen technologies inc	20.4 M
COHR	coherent	8.4 M
CIEN	ciena corporation	8.1 M
MTW	manitowoc inc com	6.5 M

Top 5 Losers (%)		%
CGNX	cognex corp	-20.5 %
ETN	eaton corp	-14.2 %
PYPL	paypal holdings	-13.4 %
BAX	baxter intl inc	-12.8 %
IP	international paper company	-11.4 %

Top 5 Losers ($)		$
CGNX	cognex corp	-12.2 M
COST	costco wholesale corp-new	-1.4 M
BAX	baxter intl inc	-1.3 M
IP	international paper company	-1.2 M
ENOV	enovis corporation com	-1.0 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 73 stocks in it's portfolio. About 62.3% of the portfolio is in top 10 stocks. CGNX proved to be the most loss making stock for the portfolio. LITE was the most profitable stock for Front Street Capital Management, Inc. last quarter.

Last Reported on: 18 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple computer inc	1.17	30,279	8,232,000	reduced	-0.66

AMAT	applied matls inc	0.00	0.00	0.00	sold off	-100

AMD	advanced micro dev	0.22	7,150	1,531,000	reduced	-48.48

AMZN	amazon.com inc com	0.10	3,013	695,000	reduced	-1.82

AXP	amer express co	0.03	650	240,000	unchanged	0.00

AZTA	azenta inc	1.35	285,252	9,487,000	added	14.11

BAC	bank of america corp	0.10	12,879	708,000	added	8.11

BAX	baxter intl inc	1.30	478,664	9,147,000	added	85.17

BIL	ssga funds management inc	0.05	3,959	362,000	reduced	-11.63

CGNX	cognex corp	6.69	1,309,300	47,108,000	added	1.1

CIEN	ciena corporation	2.86	86,259	20,173,000	reduced	-11.87

CL	colgate palmolive co	0.06	4,916	388,000	reduced	-3.72

CMCO	columbus mckinnon corp	0.52	213,785	3,688,000	added	2.35

COHR	coherent	2.58	98,613	18,201,000	reduced	-17.33

COST	costco wholesale corp-new	2.70	22,065	19,027,000	reduced	-0.67

CSCO	cisco systems	0.04	3,686	284,000	reduced	-28.64

CVX	chevron corporation	0.07	3,401	518,000	unchanged	0.00

DHR	danaher corp del com	3.88	119,504	27,357,000	reduced	-2.63

EDV	vanguard ftse social index admiral	0.00	0.00	0.00	sold off	-100

ENOV	enovis corporation com	1.37	361,932	9,642,000	added	75.81