Wallace Capital Management Inc. — 13F Holdings & Portfolio
CIK 1459754 · latest 13F-HR filed 2026-05-15
Wallace Capital Management Inc. manages $870.8M in 13F-reported U.S. long-equity assets across 75 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are WTM (19.88%), GHC (18.83%), BRK.B (13.31%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 4, added to 17, and trimmed 30.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$870.8M
Long-equity book
75
Distinct positions
2026-03-31
Filed 2026-05-15
+4 / −4 / ↑17 / ↓30
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- IAC INC$10.2M +29.7%
- SEABOARD CORP DEL$7.5M +22.0%
- INGLES MKTS INC$7.3M +73.1%
- JOHNSON OUTDOORS INC$3.5M +44.0%
- HEARTLAND EXPRESS INC$1.6M +18.2%
Top Trims
- BERKSHIRE HATHAWAY INC DEL-$7.0M -5.7%
- UNILEVER PLC-$2.2M -17.3%
- MOHAWK INDS INC-$1.7M -7.5%
- AFFILIATED MANAGERS GROUP-$1.4M -7.3%
- TRIPADVISOR INC-$1.2M -41.0%
New Positions
- U HAUL HOLDING COMPANY$24.2M
- U HAUL HOLDING COMPANY$2.2M
- PIPER SANDLER COMPANIES$581.8K
- LIBERTY LIVE HOLDINGS INC$203.5K
Exited Positions
- PIPER SANDLER COMPANIES$645.4K
- ABBOTT LABS$363.3K
- IDEXX LABS INC$236.8K
- AMAZON COM INC$229.7K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | WHITE MTNS INS GROUP LTD | WTM | G9618E107 | $173.1M | 19.88% | 78,795 | SH |
| 2 | GRAHAM HLDGS CO | GHC | 384637104 | $164.0M | 18.83% | 155,071 | SH |
| 3 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $115.9M | 13.31% | 241,892 | SH |
| 4 | IAC INC | IAC | 44891N208 | $44.8M | 5.15% | 1,119,278 | SH |
| 5 | SEABOARD CORP DEL | SEB | 811543107 | $41.8M | 4.80% | 7,396 | SH |
| 6 | JOHNSON & JOHNSON | JNJ | 478160104 | $28.9M | 3.32% | 118,370 | SH |
| 7 | LOEWS CORP | L | 540424108 | $27.5M | 3.15% | 257,326 | SH |
| 8 | U HAUL HOLDING COMPANY | UHAL.B | 023586506 | $24.2M | 2.78% | 541,890 | SH |
| 9 | MOHAWK INDS INC | MHK | 608190104 | $21.0M | 2.42% | 213,765 | SH |
| 10 | MOLSON COORS BEVERAGE CO | TAP | 60871R209 | $19.7M | 2.26% | 456,424 | SH |
| 11 | GCI LIBERTY INC | GLIBK | 36164V800 | $19.3M | 2.22% | 518,999 | SH |
| 12 | REPUBLIC SVCS INC | RSG | 760759100 | $17.5M | 2.02% | 80,129 | SH |
| 13 | AFFILIATED MANAGERS GROUP | AMG | 008252108 | $17.4M | 2.00% | 62,874 | SH |
| 14 | INGLES MKTS INC | IMKTA | 457030104 | $17.3M | 1.99% | 192,307 | SH |
| 15 | CNX RES CORP | CNX | 12653C108 | $16.3M | 1.88% | 423,572 | SH |
| 16 | LIBERTY GLOBAL LTD | LBTYA | G61188101 | $15.6M | 1.79% | 1,287,233 | SH |
| 17 | POST HLDGS INC | POST | 737446104 | $11.7M | 1.34% | 118,168 | SH |
| 18 | JOHNSON OUTDOORS INC | JOUT | 479167108 | $11.6M | 1.33% | 248,842 | SH |
| 19 | UNILEVER PLC | UL | 904767803 | $10.3M | 1.19% | 181,557 | SH |
| 20 | HEARTLAND EXPRESS INC | HTLD | 422347104 | $10.1M | 1.16% | 971,067 | SH |
| 21 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $10.1M | 1.15% | 14 | SH |
| 22 | LIBERTY GLOBAL LTD | LBTYK | G61188127 | $3.9M | 0.45% | 336,000 | SH |
| 23 | PROCTER & GAMBLE CO | PG | 742718109 | $3.5M | 0.41% | 24,562 | SH |
| 24 | APPLE INC | AAPL | 037833100 | $3.1M | 0.36% | 12,345 | SH |
| 25 | LIBERTY BROADBAND CORP | LBRDK | 530307305 | $3.1M | 0.35% | 61,213 | SH |
| 26 | COCA COLA CO | KO | 191216100 | $2.9M | 0.33% | 37,940 | SH |
| 27 | ALPHABET INC | GOOG | 02079K107 | $2.4M | 0.27% | 8,245 | SH |
| 28 | U HAUL HOLDING COMPANY | UHAL | 023586100 | $2.2M | 0.26% | 46,645 | SH |
| 29 | MERCK & CO INC | MRK | 58933Y105 | $2.0M | 0.23% | 16,765 | SH |
| 30 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $2.0M | 0.23% | 3,052 | SH |
| 31 | TRIPADVISOR INC | TRIP | 896945201 | $1.7M | 0.19% | 155,585 | SH |
| 32 | MONDELEZ INTL INC | MDLZ | 609207105 | $1.6M | 0.18% | 27,895 | SH |
| 33 | EXXON MOBIL CORP | XOM | 30231G102 | $1.5M | 0.18% | 9,016 | SH |
| 34 | HERSHEY CO | HSY | 427866108 | $1.5M | 0.17% | 7,005 | SH |
| 35 | MICROSOFT CORP | MSFT | 594918104 | $1.3M | 0.14% | 3,377 | SH |
| 36 | MASTERCARD INCORPORATED | MA | 57636Q104 | $1.2M | 0.14% | 2,478 | SH |
| 37 | SIRIUSXM HOLDINGS INC | SIRI | 829933100 | $1.2M | 0.14% | 53,384 | SH |
| 38 | CABLE ONE INC | CABO | 12685J105 | $1.1M | 0.12% | 11,799 | SH |
| 39 | LIBERTY LIVE HOLDINGS INC | LLYVK | 530909308 | $1.1M | 0.12% | 11,380 | SH |
| 40 | ALPHABET INC | GOOGL | 02079K305 | $1.0M | 0.12% | 3,602 | SH |
| 41 | VISA INC | V | 92826C839 | $1.0M | 0.12% | 3,397 | SH |
| 42 | CLOROX CO DEL | CLX | 189054109 | $1.0M | 0.11% | 9,651 | SH |
| 43 | VANGUARD INDEX FDS | VOO | 922908363 | $873.3K | 0.10% | 1,461 | SH |
| 44 | COLGATE PALMOLIVE CO | CL | 194162103 | $819.5K | 0.09% | 9,615 | SH |
| 45 | JPMORGAN CHASE & CO | JPM | 46625H100 | $703.2K | 0.08% | 2,390 | SH |
| 46 | PIPER SANDLER COMPANIES | PIPR | 724078209 | $581.8K | 0.07% | 7,600 | SH |
| 47 | PHILIP MORRIS INTL INC | PM | 718172109 | $580.5K | 0.07% | 3,511 | SH |
| 48 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $573.4K | 0.07% | 2,119 | SH |
| 49 | ENBRIDGE INC | ENB | 29250N105 | $546.6K | 0.06% | 10,096 | SH |
| 50 | MAGNUM ICE CREAM CO NV | MICC | N5505D105 | $472.4K | 0.05% | 31,600 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $870.8M | 75 | 0001420506-26-001102 |
| 2025-12-31 | 2026-02-17 | $830.5M | 75 | 0001420506-26-000544 |
| 2025-09-30 | 2025-11-14 | $804.7M | 77 | 0001420506-25-003337 |