Wallace Capital Management Inc.
CIK 1459754 · View on SEC EDGAR ↗
- Portfolio value
- $912.1M
- Positions
- 77
- As of
- June 30, 2026
#2,602 of 9,443 by 13F value · top 27.6%
Portfolio value QoQ: +4.7% 13F does not disclose cash
- Top 10 holdings weight
- 75.86%
- Top 25 holdings weight
- 95.18%
- Positions above 1%
- 21
- Effective number of positions
- 9.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.56% Est. buys $46,107,835 · sells $22,811,377
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 72.0% still held
- New positions
- 3
- Increased
- 28
- Decreased
- 34
- Closed
- 1
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Financials
21.5%
Diversified Consumer Services
19.6%
Communication Services
7.0%
Healthcare
5.0%
Consumer products
4.8%
Consumer Staples
4.5%
Industrials
3.9%
Telecommunication
3.2%
Financial Services
2.5%
Energy
2.1%
Retail
1.9%
Consumer Discretionary
1.3%
Technology
0.6%
Other/Unmapped
22.2%
Full portfolio 77 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| GHC Graham Holdings Company Common Stock | $178,490,499 | 19.57% | 156,376 | $14,540,395 | Up ×1 | ||
| WTM White Mountains Insurance Group, Ltd. Common Stock | $166,009,833 | 18.20% | 80,067 | $-7,099,329 | Up ×1 | ||
| BRKB | $131,835,297 | 14.45% | 263,465 | $15,920,607 | Up ×1 | ||
| IAC IAC Inc. - Common Stock | $52,057,956 | 5.71% | 1,127,772 | $7,253,258 | Up ×3 | ||
| UHALB | $32,159,672 | 3.53% | 557,360 | $7,953,446 | Up ×1 | ||
| SEB | $30,675,148 | 3.36% | 6,871 | $-11,142,781 | Down ×3 | ||
| L Loews Corporation Common Stock | $27,682,672 | 3.03% | 244,525 | $215,663 | Down ×3 | ||
| JNJ Johnson & Johnson Common Stock | $26,744,489 | 2.93% | 105,306 | $-2,189,834 | Down ×4 | ||
| MHK Mohawk Industries, Inc. Common Stock | $26,547,611 | 2.91% | 218,805 | $5,500,309 | Up ×6 | ||
| AMG Affiliated Managers Group, Inc. Common Stock | $19,740,377 | 2.16% | 58,334 | $2,343,021 | Down ×6 | ||
| TAP Molson Coors Beverage Company Class B Common Stock | $17,350,663 | 1.90% | 445,346 | $-2,302,938 | Down ×1 | ||
| IMKTA Ingles Markets, Incorporated - Class A Common Stock | $17,024,598 | 1.87% | 192,195 | $-261,834 | Down ×1 | ||
| CNX CNX Resources Corporation Common Stock | $16,850,554 | 1.85% | 496,627 | $521,853 | Up ×2 | ||
| POST Post Holdings, Inc. Common Stock | $16,463,138 | 1.80% | 186,530 | $4,781,050 | Up ×1 | ||
| RSG Republic Services, Inc. Common Stock | $16,459,561 | 1.80% | 77,246 | $-1,090,358 | Down ×6 | ||
| LBTYA Liberty Global Ltd. - Class A Common Shares | $15,262,053 | 1.67% | 1,342,309 | $-300,594 | Up ×1 | ||
| HTLD Heartland Express, Inc. - Common Stock | $14,687,406 | 1.61% | 965,007 | $4,588,307 | Down ×1 | ||
| ZTS Zoetis Inc. Class A Common Stock | $14,174,457 | 1.55% | 197,251 | $13,761,786 | Up ×1 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $12,063,143 | 1.32% | 200,651 | $1,719,841 | Up ×1 | ||
| JOUT Johnson Outdoors Inc. - Class A Common Stock | $11,427,457 | 1.25% | 248,207 | $-146,197 | Down ×1 | ||
| GLIBK GCI Liberty, Inc. - Series C GCI Group Common Stock | $10,619,529 | 1.16% | 492,557 | $-8,692,424 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $3,752,710 | 0.41% | 12,969 | $619,672 | Up ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $3,539,808 | 0.39% | 24,139 | $-7,860 | Down ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $3,343,208 | 0.37% | 9,462 | $978,047 | Up ×1 | ||
| LBTYK Liberty Global Ltd. - Class C Common Shares | $3,187,921 | 0.35% | 289,811 | $-753,359 | Down ×6 | ||
| BRKA | $2,995,400 | 0.33% | 4 | $-7,058,560 | Down ×1 | ||
| UHAL U-Haul Holding Company Common Stock | $2,955,925 | 0.32% | 45,170 | $727,227 | Down ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $2,139,657 | 0.23% | 26,328 | $-745,655 | Down ×6 | ||
| LBRDK Liberty Broadband Corporation - Class C Common Stock | $1,821,251 | 0.20% | 54,758 | $-1,257,763 | Down ×6 | ||
| SPY SPY | $1,646,665 | 0.18% | 2,205 | $-338,205 | Down ×1 | ||
| SIRI SiriusXM Holdings Inc. - Common Stock | $1,577,630 | 0.17% | 53,407 | $345,521 | Up ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,520,067 | 0.17% | 11,829 | $-496,578 | Down ×2 | ||
| TRIP TripAdvisor, Inc. - Common Stock | $1,488,125 | 0.16% | 108,543 | $-170,411 | Down ×6 | ||
| MDLZ Mondelez International, Inc. - Class A Common Stock | $1,486,323 | 0.16% | 25,697 | $-121,558 | Down ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $1,474,921 | 0.16% | 3,954 | $224,857 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,450,565 | 0.16% | 4,059 | $414,774 | Up ×1 | ||
| V Visa Inc. | $1,448,526 | 0.16% | 4,222 | $421,817 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $1,272,701 | 0.14% | 2,478 | $34,544 | |||
| HSY The Hershey Company Common Stock | $1,199,201 | 0.13% | 6,835 | $-257,068 | Down ×6 | ||
| LLYVK Liberty Live Holdings, Inc. - Series C Liberty Live Group Common Stock | $1,196,901 | 0.13% | 11,330 | $125,929 | Down ×2 | ||
| XOM Exxon Mobil Corporation Common Stock | $1,154,230 | 0.13% | 8,442 | $-375,352 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $1,150,720 | 0.13% | 3,515 | $447,538 | Up ×1 | ||
| VOO | $1,024,990 | 0.11% | 1,492 | $151,735 | Up ×2 | ||
| PM Philip Morris International Inc Common Stock | $1,020,151 | 0.11% | 5,639 | $439,642 | Up ×1 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $880,720 | 0.10% | 2,119 | $307,340 | |||
| LLY Eli Lilly and Company Common Stock | $867,188 | 0.10% | 723 | $439,495 | Up ×1 | ||
| CL Colgate-Palmolive Company Common Stock | $800,825 | 0.09% | 8,735 | $-18,661 | Down ×1 | ||
| CLX Clorox Company (The) Common Stock | $784,135 | 0.09% | 8,216 | $-215,998 | Down ×1 | ||
| CABO Cable One, Inc. Common Stock | $614,319 | 0.07% | 11,567 | $-461,833 | Down ×6 | ||
| HIFS Hingham Institution for Savings - Common Stock | $614,300 | 0.07% | 2,000 | $328,460 | Up ×1 | ||
| RTX RTX Corporation Common Stock | $564,447 | 0.06% | 2,975 | $346,277 | Up ×1 | ||
| Unknown issuer (CUSIP: 724078209) | $549,784 | 0.06% | 7,600 | $-31,996 | |||
| ABBV AbbVie Inc. Common Stock | $544,841 | 0.06% | 2,165 | $180,293 | Up ×1 | ||
| ITOT | $542,091 | 0.06% | 3,300 | Up ×1 | |||
| ENB Enbridge Inc Common Stock | $479,542 | 0.05% | 8,846 | $-67,055 | Down ×2 | ||
| APH Amphenol Corporation Common Stock | $458,432 | 0.05% | 2,600 | $98,334 | Down ×2 | ||
| MO Altria Group, Inc. | $451,846 | 0.05% | 6,280 | ||||
| KHC The Kraft Heinz Company - Common Stock | $434,060 | 0.05% | 18,377 | $16,443 | Down ×5 | ||
| AMGN Amgen Inc. - Common Stock | $424,043 | 0.05% | 1,171 | $171,063 | Up ×1 | ||
| ADP Automatic Data Processing, Inc. - Common Stock | $394,152 | 0.04% | 1,760 | $36,555 | |||
| CVX Chevron Corporation Common Stock | $363,843 | 0.04% | 2,195 | $-91,337 | Down ×5 | ||
| M Macy's Inc Common Stock | $352,120 | 0.04% | 14,952 | $81,638 | |||
| GIS General Mills, Inc. Common Stock | $348,000 | 0.04% | 10,000 | $147,012 | Up ×1 | ||
| MICC The Magnum Ice Cream Company N.V. Ordinary Shares | $344,526 | 0.04% | 19,789 | $-127,894 | Down ×2 | ||
| MRSH Marsh Common Stock | $335,007 | 0.04% | 2,010 | $-13,628 | |||
| MCD McDonald's Corporation Common Stock | $300,036 | 0.03% | 1,110 | $-66,897 | Down ×3 | ||
| VEA | $275,168 | 0.03% | 3,862 | $27,691 | |||
| IVV | $269,950 | 0.03% | 360 | $34,489 | |||
| PGR Progressive Corporation (The) Common Stock | $268,912 | 0.03% | 1,231 | $24,879 | |||
| DFUV | $251,231 | 0.03% | 4,567 | $29,914 | |||
| QQQ Invesco QQQ Trust, Series 1 | $250,928 | 0.03% | 341 | Up ×1 | |||
| VO | $230,430 | 0.03% | 2,860 | $10,737 | Up ×1 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $225,612 | 0.02% | 450 | $4,423 | |||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $222,501 | 0.02% | 220 | $-44,832 | Down ×3 | ||
| BKNG Booking Holdings Inc. - Common Stock | $213,888 | 0.02% | 1,200 | $11,793 | Up ×1 | ||
| VOD Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares | $198,375 | 0.02% | 15,000 | $-26,925 | |||
| HLN Haleon plc American Depositary Shares (Each representing two Ordinary Shares) | $110,428 | 0.01% | 11,836 | $-91,889 | Down ×6 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| IAC | $52,057,956 | 5.71% | up ×3 |
| MHK | $26,547,611 | 2.91% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BRKB | Bought more | +22K | +$15.9M |
| GHC | Bought more | +1K | +$14.5M |
| SEB | Trimmed | -525 | -$11.1M |
| GLIBK | Trimmed | -26K | -$8.7M |
| UHALB | Bought more | +15K | +$8.0M |
| IAC | Bought more | +8K | +$7.3M |
| WTM | Bought more | +1K | -$7.1M |
| BRKA | Trimmed | -10 | -$7.1M |
| MHK | Bought more | +5K | +$5.5M |
| POST | Bought more | +68K | +$4.8M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SNREY | Sept. 30, 2025 | 410,575 | $23,218,019 | No longer tracked |
| ULXXXX | Dec. 31, 2025 | 275,150 | $16,310,904 | No longer tracked |
| MCY | March 31, 2025 | 57,236 | $3,805,080 | 86.7% |
| NPK | June 30, 2025 | 21,987 | $1,932,909 | 55.4% |
| LLYVKXXXX | Dec. 31, 2025 | 12,832 | $1,244,319 | No longer tracked |
| PIPR | March 31, 2026 | 1,900 | $645,449 | -2.7% |
| ACN | March 31, 2025 | 1,600 | $562,864 | -41.5% |
| PEP | June 30, 2025 | 2,931 | $439,474 | 8.0% |
| ABT | March 31, 2026 | 2,900 | $363,341 | 11.4% |
| SJM | June 30, 2025 | 2,285 | $270,567 | 25.0% |
| TOST | Dec. 31, 2025 | 7,092 | $258,929 | 0.4% |
| LLYVA | Dec. 31, 2025 | 2,696 | $254,233 | 25.0% |
| TMO | June 30, 2025 | 505 | $251,288 | 53.0% |
| LBRDA | Dec. 31, 2025 | 3,760 | $238,121 | -25.5% |
| IDXX | March 31, 2026 | 350 | $236,786 | -2.7% |
| AMZN | March 31, 2026 | 995 | $229,666 | 23.8% |
| NKE | March 31, 2025 | 3,000 | $227,010 | -36.1% |
| PFE | June 30, 2025 | 8,912 | $225,830 | 15.7% |
| KKR | March 31, 2025 | 1,513 | $223,788 | -6.0% |
| BMY | June 30, 2025 | 3,650 | $222,614 | 42.7% |
| BAC | June 30, 2025 | 5,305 | $221,396 | 32.0% |
| KMB | June 30, 2025 | 1,550 | $220,441 | -15.9% |
| META | Dec. 31, 2025 | 300 | $220,314 | -16.9% |
| K | June 30, 2025 | 2,668 | $220,083 | No longer tracked |
| MO | June 30, 2025 | 3,650 | $219,073 | 13.8% |
| NKE | Sept. 30, 2025 | 3,000 | $213,120 | -41.8% |
| SYY | June 30, 2025 | 2,830 | $212,363 | 11.0% |
| SRG | March 31, 2025 | 50,072 | $206,298 | -34.0% |
| LLYVA | June 30, 2026 | 2,221 | $203,532 | 0.6% |
| KKR | Sept. 30, 2025 | 1,513 | $201,274 | -16.4% |
| AMGN | June 30, 2025 | 644 | $200,638 | 56.2% |
| CNH | June 30, 2025 | 15,000 | $184,200 | -15.1% |
| OGN | June 30, 2025 | 10,039 | $149,478 | 41.9% |
| CLAR | Dec. 31, 2025 | 18,255 | $63,893 | 9.7% |
| CRWS | Dec. 31, 2025 | 12,500 | $36,375 | 7.9% |