CIK: 0001459754
Total reported value
$870.8M
Reporting period: 2026-03-31 · Number of holdings: 75
Wallace Capital Management Inc. disclosed 75 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $870.8M and a quarterly turnover rate of 11.5%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "W"
Wallace Capital Management Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.105 — mathematically equivalent to about 10 equally-sized positions, well below its 75 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.64), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Trim GHC
-1.3% -$8.6M
Trim BRK-B
-1.1% -$7.0M
Add PPLI
+26.6% $10.2M
Add IMKTA
+32.0% $7.3M
Add SEB
-4.1% $7.5M
Add JOUT
+31.5% $3.5M
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | WTM | White Mountains Insurance Group, Ltd. | Stock-Financials | 19.88% | -0.22% | -1.93% | |
| 2 | GHC | Graham Holdings Co-class B | Stock-Industrials | 18.83% | -1.95% | -1.27% | |
| 3 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 13.31% | -1.49% | -1.08% | |
| 4 | PPLI | People INC | Stock-Comm Services | 5.15% | +0.98% | +26.65% | |
| 5 | SEB | Seaboard CORP | Stock-Other | 4.80% | +0.67% | -4.11% | |
| 6 | JNJ | Johnson & Johnson | Stock-Healthcare | 3.32% | -0.04% | -12.20% | |
| 7 | L | Loews CORP | Stock-Financials | 3.15% | -0.17% | -1.86% | |
| 8 | UHAL-B | U-haul Holding Co-non Voting | Stock-Other | 2.78% | +2.78% | NEW | |
| 9 | MHK | Mohawk Industries INC | Stock-Consumer Disc | 2.42% | -0.32% | +2.66% | |
| 10 | TAP | Molson Coors Beverage Co - B | Stock-Consumer Staples | 2.26% | +0.01% | +13.99% | |
| 11 | GLIBK | Liberty Capital Corp-cl C | Stock-Other | 2.22% | -0.05% | +2.57% | |
| 12 | RSG | Republic Services INC | Stock-Industrials | 2.02% | -0.15% | -5.59% | |
| 13 | AMG | Affiliated Managers Group | Stock-Financials | 2.00% | -0.26% | -3.41% | |
| 14 | IMKTA | Ingles Markets Inc-class A | Stock-Other | 1.99% | +0.78% | +32.03% | |
| 15 | CNX | Cnx Resources CORP | Stock-Energy | 1.88% | +0.04% | +1.65% | |
| 16 | LBTYA | Liberty Global Ltd. | Stock-Other | 1.79% | +0.05% | -0.92% | |
| 17 | POST | Post Holdings INC | Stock-Consumer Staples | 1.34% | -0.10% | -1.90% | |
| 18 | JOUT | Johnson Outdoors Inc-a | Stock-Other | 1.33% | +0.36% | +31.46% | |
| 19 | UL | Unilever Plc-sponsored Adr | Stock-Consumer Staples | 1.19% | -0.32% | -5.04% | |
| 20 | HTLD | Heartland Express INC | Stock-Other | 1.16% | +0.13% | +2.61% | |
| 21 | BRK-A | Berkshire Hathaway Inc-cl A | Stock-Other | 1.15% | -0.12% | — | |
| 22 | LBTYA | Liberty Global Ltd. | Stock-Other | 0.45% | -0.04% | -8.88% | |
| 23 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.41% | -0.03% | -3.05% | |
| 24 | AAPL | Apple INC | Stock-Tech | 0.36% | -0.08% | -8.35% | |
| 25 | LBRDK | Liberty Broadband-c | Stock-Comm Services | 0.35% | — | -4.86% | |
| 26 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.33% | -0.08% | -22.32% | |
| 27 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.27% | -0.04% | — | |
| 28 | UHAL | U-haul Holding Co | Stock-Other | 0.26% | +0.26% | NEW | |
| 29 | MRK | Merck & Co. INC. | Stock-Healthcare | 0.23% | — | -7.27% | |
| 30 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.23% | — | +6.45% | |
| 31 | TRIP | Tripadvisor INC | Stock-Other | 0.19% | -0.15% | -19.43% | |
| 32 | MDLZ | Mondelez International Inc-a | Stock-Consumer Staples | 0.18% | — | -6.60% | |
| 33 | XOM | Exxon Mobil CORP | Stock-Energy | 0.18% | +0.04% | -5.43% | |
| 34 | HSY | Hershey Co/the | Stock-Consumer Staples | 0.17% | — | -13.89% | |
| 35 | MSFT | Microsoft CORP | Stock-Tech | 0.14% | -0.06% | -1.17% | |
| 36 | MA | Mastercard INC - A | Stock-Financials | 0.14% | -0.03% | — | |
| 37 | SIRI | Sirius Xm Holdings INC | Stock-Comm Services | 0.14% | +0.01% | -3.96% | |
| 38 | CABO | Cable One INC | Stock-Comm Services | 0.12% | -0.04% | -2.15% | |
| 39 | LLYVK | Liberty Live Holdings-c | Stock-Other | 0.12% | — | -5.63% | |
| 40 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.12% | -0.03% | -6.85% | |
| 41 | V | Visa Inc-class A Shares | Stock-Financials | 0.12% | -0.02% | — | |
| 42 | CLX | Clorox Company | Stock-Consumer Staples | 0.11% | +0.01% | +15.29% | |
| 43 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.10% | — | +2.81% | |
| 44 | CL | Colgate-palmolive Co | Stock-Consumer Staples | 0.09% | — | — | |
| 45 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.08% | -0.01% | -1.24% | |
| 46 | PIPR | Piper Sandler Cos | Stock-Financials | 0.07% | +0.07% | NEW | |
| 47 | PM | Philip Morris International | Stock-Consumer Staples | 0.07% | — | — | |
| 48 | UNH | Unitedhealth Group INC | Stock-Healthcare | 0.07% | -0.02% | -2.08% | |
| 49 | ENB | Enbridge INC | Stock-Energy | 0.06% | — | -2.42% | |
| 50 | MICC | The Magnum Ice Cream Company N. | Stock-Consumer Staples | 0.05% | -0.03% | -27.70% |
Performance for Q3 2026
—
Performance Last 4 Quarters
+1.8%
Based on 3 months of available history
Based on 46% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 75 | $870.8M | 12 | |
| 2025-12-31 | 75 | $830.5M | 19 | |
| 2025-09-30 | 77 | $804.7M | 29 | |
| 2025-06-30 | 72 | $733.9M | 0 | |
| 2025-03-31 | 83 | $781.0M | 100 | |
| 2024-12-31 | 81 | $731.8M | 0 | |
| 2024-09-30 | 85 | $738.5M | 0 | |
| 2024-06-30 | 79 | $690.0M | 0 | |
| 2024-03-31 | 77 | $733.1M | 0 | |
| 2023-12-31 | 76 | $672.5M | 0 | |
| 2023-09-30 | 77 | $651.5M | 0 | |
| 2023-06-30 | 82 | $647.9M | 0 | |
| 2023-03-31 | 64 | $610.1M | 0 | |
| 2022-12-31 | 66 | $638.3M | 0 | |
| 2022-09-30 | 66 | $600.2M | 0 | |
| 2022-06-30 | 72 | $664.1M | 0 | |
| 2022-03-31 | 70 | $663.7M | 0 | |
| 2021-12-31 | 72 | $713.6M | 0 | |
| 2021-09-30 | 71 | $737.0M | 0 | |
| 2021-06-30 | 68 | $762.4M | 100 | |
| 2021-03-31 | 69 | $762.9M | 20 | |
| 2020-12-31 | 66 | $658.5M | 27 | |
| 2020-09-30 | 64 | $569.9M | 15 | |
| 2020-06-30 | 61 | $547.3M | 16 | |
| 2020-03-31 | 60 | $520.9M | 46 | |
| 2019-12-31 | 63 | $727.9M | 14 | |
| 2019-09-30 | 63 | $763.3M | 19 | |
| 2019-06-30 | 66 | $759.5M | 10 | |
| 2019-03-31 | 63 | $723.3M | 15 | |
| 2018-12-31 | 64 | $688.7M | 19 | |
| 2018-09-30 | 70 | $786.5M | 17 | |
| 2018-06-30 | 71 | $751.3M | 16 | |
| 2018-03-31 | 71 | $701.1M | 24 | |
| 2017-12-31 | 73 | $656.8M | 12 | |
| 2017-09-30 | 71 | $624.0M | 7 | |
| 2017-06-30 | 70 | $626.2M | 8 | |
| 2017-03-31 | 67 | $584.3M | 18 | |
| 2016-12-31 | 66 | $551.6M | 22 | |
| 2016-09-30 | 64 | $568.4M | 18 | |
| 2016-06-30 | 61 | $603.6M | 13 | |
| 2016-03-31 | 53 | $564.9M | 12 | |
| 2015-12-31 | 52 | $526.4M | 13 | |
| 2015-09-30 | 53 | $545.9M | 38 | |
| 2015-06-30 | 54 | $573.3M | 9 | |
| 2015-03-31 | 54 | $567.8M | 11 | |
| 2014-12-31 | 54 | $522.2M | 23 | |
| 2014-09-30 | 54 | $486.1M | 10 | |
| 2014-06-30 | 55 | $475.4M | 20 | |
| 2014-03-31 | 58 | $457.4M | 17 | |
| 2013-12-31 | 63 | $434.3M | 33 | |
| 2013-09-30 | 63 | $364.9M | 13 | |
| 2013-06-30 | 65 | $332.2M | 0 |
Wallace Capital Management Inc.'s most significant position changes for 2026-03-31: New buy: U-haul Holding Co-non Voting (UHAL-B); New buy: U-haul Holding Co (UHAL); Sold out: Piper Sandler Cos (62C); New buy: Piper Sandler Cos (PIPR); Sold out: Abbott Laboratories (ABT).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | PPLI | People INC | +1% | +26.65% | Add |
| 2 | IMKTA | Ingles Markets Inc-class A | +0.8% | +32.03% | Add |
| 3 | SEB | Seaboard CORP | +0.7% | -4.11% | Trim |
| 4 | JOUT | Johnson Outdoors Inc-a | +0.4% | +31.46% | Add |
| 5 | HTLD | Heartland Express INC | +0.1% | +2.61% | Add |
| 6 | LBTYA | Liberty Global Ltd. | +0.1% | -0.92% | Trim |
| 7 | CNX | Cnx Resources CORP | 0% | +1.65% | Add |
| 8 | XOM | Exxon Mobil CORP | 0% | -5.43% | Trim |
| 9 | TAP | Molson Coors Beverage Co - B | 0% | +13.99% | Add |
| 10 | CLX | Clorox Company | 0% | +15.29% | Add |
| 11 | SIRI | Sirius Xm Holdings INC | 0% | -3.96% | Trim |
| 12 | CVX | Chevron CORP | 0% | -2.87% | Trim |
| 13 | MRK | Merck & Co. INC. | — | -7.27% | Trim |
| 14 | ADP | Automatic Data Processing | 0% | — | Unchanged |
| 15 | LLY | Eli Lilly & Co | 0% | -2.11% | Trim |
| 16 | JPM | Jpmorgan Chase & Co | 0% | -1.24% | Trim |
| 17 | V | Visa Inc-class A Shares | 0% | — | Unchanged |
| 18 | UNH | Unitedhealth Group INC | 0% | -2.08% | Trim |
| 19 | GS | Goldman Sachs Group INC | 0% | -29.15% | Trim |
| 20 | MICC | The Magnum Ice Cream Company N. | 0% | -27.70% | Trim |
| 21 | MA | Mastercard INC - A | 0% | — | Unchanged |
| 22 | GOOGL | Alphabet Inc-cl A | 0% | -6.85% | Trim |
| 23 | PG | Procter & Gamble Co/the | 0% | -3.05% | Trim |
| 24 | JNJ | Johnson & Johnson | 0% | -12.20% | Trim |
| 25 | CABO | Cable One INC | 0% | -2.15% | Trim |
| 26 | GOOG | Alphabet Inc-cl C | 0% | — | Unchanged |
| 27 | LBTYA | Liberty Global Ltd. | 0% | -8.88% | Trim |
| 28 | GLIBK | Liberty Capital Corp-cl C | -0.1% | +2.57% | Add |
| 29 | MSFT | Microsoft CORP | -0.1% | -1.17% | Trim |
| 30 | KO | Coca-cola Co/the | -0.1% | -22.32% | Trim |
| 31 | AAPL | Apple INC | -0.1% | -8.35% | Trim |
| 32 | POST | Post Holdings INC | -0.1% | -1.90% | Trim |
| 33 | BRK-A | Berkshire Hathaway Inc-cl A | -0.1% | — | Unchanged |
| 34 | TRIP | Tripadvisor INC | -0.2% | -19.43% | Trim |
| 35 | RSG | Republic Services INC | -0.2% | -5.59% | Trim |
| 36 | L | Loews CORP | -0.2% | -1.86% | Trim |
| 37 | WTM | White Mountains Insurance Group, Ltd. | -0.2% | -1.93% | Trim |
| 38 | AMG | Affiliated Managers Group | -0.3% | -3.41% | Trim |
| 39 | UL | Unilever Plc-sponsored Adr | -0.3% | -5.04% | Trim |
| 40 | MHK | Mohawk Industries INC | -0.3% | +2.66% | Add |
| 41 | BRK-B | Berkshire Hathaway Inc-cl B | -1.5% | -1.08% | Trim |
| 42 | GHC | Graham Holdings Co-class B | -2% | -1.27% | Trim |
| 43 | UHAL-B | U-haul Holding Co-non Voting | — | NEW | New buy |
| 44 | UHAL | U-haul Holding Co | — | NEW | New buy |
| 45 | 62C | Piper Sandler Cos | — | EXIT | Sold out |
| 46 | PIPR | Piper Sandler Cos | — | NEW | New buy |
| 47 | ABT | Abbott Laboratories | — | EXIT | Sold out |
| 48 | IDXX | Idexx Laboratories INC | — | EXIT | Sold out |
| 49 | AMZN | Amazon.com INC | — | EXIT | Sold out |
| 50 | LLYVA | Liberty Live Holdings-a | — | NEW | New buy |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-15 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-15 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-14 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-16 | Amendment | View on EDGAR |
| 2024-06-30 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-15 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-14 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-15 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-14 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-12 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-16 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-15 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-16 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-17 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-16 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-16 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-14 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-14 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-14 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-11-14 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-12 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-14 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-14 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-13 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-28 | Amendment | View on EDGAR |
| 2018-06-30 | 2018-08-13 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-14 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-02-14 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-11-13 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-14 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-15 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-14 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2016-11-14 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-08-15 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-05-16 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-02-16 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2015-11-16 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2015-08-14 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2015-05-14 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2015-02-17 | 13F-HR | View on EDGAR |
| 2014-09-30 | 2014-11-14 | 13F-HR | View on EDGAR |
| 2014-06-30 | 2014-08-14 | 13F-HR | View on EDGAR |
| 2014-03-31 | 2014-05-15 | 13F-HR | View on EDGAR |
| 2013-12-31 | 2014-02-14 | 13F-HR | View on EDGAR |
| 2013-09-30 | 2013-11-14 | 13F-HR | View on EDGAR |
| 2013-06-30 | 2013-08-14 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001387761
Total reported value
$870.9M
173 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001642570
Total reported value
$870.8M
205 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001499091
Total reported value
$870.5M
21 stks
2026-03-31
AUM within 0.0% of this institution
Institutions with overlapping top holdings
CIK 0000928400
Total reported value
$157.1M
48 stks
2026-03-31
2 of the top 5 holdings overlap, including White Mountains Insurance Group, Ltd.
CIK 0001021296
Total reported value
$126.1M
44 stks
2026-03-31
2 of the top 5 holdings overlap, including People INC
CIK 0001341401
Total reported value
$8.8B
176 stks
2026-03-31
2 of the top 5 holdings overlap, including White Mountains Insurance Group, Ltd.