UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13-F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Speece Thorson Capital Group, Inc.
Address: 2270 Metropolitan Centre
Minneapolis, MN 55402-2433
13F File Number: 28-3666
The institutional investment manager filing this report and the person
by whom it is signed hereby represent that the person signing the report
is authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts
of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Fred H. Speece, Jr., CFA
Title: Principal
Phone: (612) 338-7043
Fred H. Speece, Jr. Minneapolis, Minnesota July 12, 2000
Report Type: (Check only one.):
[ X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT
OF 1934.
<PAGE>
SEC13F.LNS SPEECE THORSON CAPITAL GROUP
FORM 13F SUMMARY PAGE
AS OF DATE: 06/30/00
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 34
FORM 13F INFORMATION TABLE VALUE TOTAL: $155,275,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
PORTVUE-SEC13F.LNP SPEECE THORSON CAPITAL GROUP
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/00
TITLE OF VALUE SHARES/ SH/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN DSCRETN SOLE SHARED NONE
--------------------- ------- ------- ------ --- --- --- ------- ---- ---- ----
AMBAC FINANCIAL GROUP COM 023139108 3108 56706 SH SOLE 56706 0 0
AMSOUTH BANCORP COM COM 032165102 4049 257092 SH SOLE 257092 0 0
AVNET INC COM COM 053807103 3706 62550 SH SOLE 62550 0 0
BARD C R INC COM COM 067383109 4702 97700 SH SOLE 97700 0 0
BORDERS GROUP INC COM COM 099709107 5712 367050 SH SOLE 367050 0 0
BOWATER INC COM COM 102183100 5028 113950 SH SOLE 113950 0 0
CONOCO INC CL A COM 208251306 5168 234900 SH SOLE 234900 0 0
COOPER INDUSTRIES INC COM 216669101 3855 118150 SH SOLE 118150 0 0
CROMPTON CORPORATION COM 227116100 5089 415400 SH SOLE 415400 0 0
DELHAIZE AMER INC CL A COM 246688105 4787 270670 SH SOLE 270670 0 0
DEVON ENERGY CORP COM 25179M103 5855 104550 SH SOLE 104550 0 0
DOVER CORP COM 260003108 5085 125350 SH SOLE 125350 0 0
DPL INC COM COM 233293109 4887 222766 SH SOLE 222766 0 0
EDWARDS A G INC COM COM 281760108 5253 134700 SH SOLE 134700 0 0
ENSCO INTL INC COM COM 26874Q100 5064 141150 SH SOLE 141150 0 0
FURNITURE BRANDS COM COM 360921100 4051 256200 SH SOLE 256200 0 0
HANNAFORD BROS CO COM COM 410550107 4675 65050 SH SOLE 65050 0 0
HORMEL GEO A & CO COM 440452100 4543 270200 SH SOLE 270200 0 0
JEFFERSON PILOT CORP COM 475070108 4800 85050 SH SOLE 85050 0 0
KEYSPAN CORP COM COM 49337W100 5048 164150 SH SOLE 164150 0 0
LEGGETT & PLATT INC COM 524660107 4462 270400 SH SOLE 270400 0 0
MBIA INC COM 55262C100 2431 50450 SH SOLE 50450 0 0
MILLER HERMAN INC COM COM 600544100 4277 165300 SH SOLE 165300 0 0
NCR CORP NEW COM COM 62886E108 5630 144600 SH SOLE 144600 0 0
NICOR INC COM COM 654086107 3628 111200 SH SOLE 111200 0 0
NISOURCE INC COM 65473P105 5463 293300 SH SOLE 293300 0 0
SHERWIN WILLIAMS CO COM 824348106 4952 233700 SH SOLE 233700 0 0
SNAP ON TOOLS CORP COM 833034101 5254 197350 SH SOLE 197350 0 0
SOUTHTRUST CORP COM COM 844730101 2984 131900 SH SOLE 131900 0 0
TIDEWATER INC COM 886423102 4567 126850 SH SOLE 126850 0 0
UNOCAL CORP COM COM 915289102 4364 131750 SH SOLE 131750 0 0
WERNER ENTERPRISES INC COM 950755108 3958 342350 SH SOLE 342350 0 0
WILMINGTON TR CORP COM COM 971807102 2911 68100 SH SOLE 68100 0 0
XL CAPITAL LTD. COM G98255105 5929 109550 SH SOLE 109550 0 0
LINE COUNT: 34
