1y return+16.2%S&P 500 +20.9%
3y return+42.9%S&P 500 +68.5%
5y return+25.6%S&P 500 +74.5%
10y return+108.2%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $208 against $357 in the S&P 500.2
Wallace Capital Management Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GHCGraham Hldgs Co | $178.5M | 19.6% | |
| White Mtns Ins Group LtdCUSIP G9618E107 | $166.0M | 18.2% | +1.6% |
| BRK/BBerkshire Hathaway Inc Del | $131.8M | 14.5% | +8.9% |
| PPLIPeople Inc | $52.1M | 5.7% | |
| UHAL/BU Haul Holding Company | $32.2M | 3.5% | +2.9% |
| SEBSeaboard Corp Del | $30.7M | 3.4% | −7.1% |
| LLoews Corp | $27.7M | 3.0% | −5.0% |
| JNJJohnson & Johnson | $26.7M | 2.9% | −11.0% |
| MHKMohawk Inds Inc | $26.5M | 2.9% | +2.4% |
| AMGAffiliated Managers Group | $19.7M | 2.2% | −7.2% |
| TAPMolson Coors Beverage Co | $17.4M | 1.9% | −2.4% |
| IMKTAIngles Mkts Inc | $17.0M | 1.9% | |
| CNXCnx Res Corp | $16.9M | 1.8% | +17.2% |
| POSTPost Hldgs Inc | $16.5M | 1.8% | +57.9% |
| RSGRepublic Svcs Inc | $16.5M | 1.8% | −3.6% |
| Liberty Global LtdCUSIP G61188101 | $15.3M | 1.7% | +4.3% |
| HTLDHeartland Express Inc | $14.7M | 1.6% | |
| ZTSZoetis Inc | $14.2M | 1.6% | +5550.3% |
| ULUnilever PLC | $12.1M | 1.3% | +10.5% |
| JOUTJohnson Outdoors Inc | $11.4M | 1.3% | |
| GLIBKLiberty Cap Corp | $10.6M | 1.2% | −5.1% |
| AAPLApple Inc | $3.8M | 0.4% | +5.1% |
| PGProcter & Gamble Co | $3.5M | 0.4% | −1.7% |
| GOOGAlphabet Inc | $3.3M | 0.4% | +14.8% |
| Liberty Global LtdCUSIP G61188127 | $3.2M | 0.3% | −13.7% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMGAffiliated Managers Group | June 30, 2020 | +353.9% | $19.7M |
| GHCGraham Hldgs Co | June 30, 2020 | +233.1% | $178.5M |
| LLoews Corp | June 30, 2020 | +230.1% | $27.7M |
| GOOGLAlphabet Inc | June 30, 2023 | +198.6% | $1.5M |
| GOOGAlphabet Inc | June 30, 2023 | +192.1% | $3.3M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $131.8M |
| BRK/ABerkshire Hathaway Inc Del | June 30, 2020 | +180.2% | $3.0M |
| RSGRepublic Svcs Inc | June 30, 2020 | +159.7% | $16.5M |
| White Mtns Ins Group LtdCUSIP G9618E107 | June 30, 2020 | +133.5% | $166.0M |
| AAPLApple Inc | December 31, 2020 | +118.1% | $3.8M |
Sold off last quarter
- LLYVALiberty Live Holdings Inc was $204K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +2.1% | +14.8% |
| March 31, 2026 | +1.6% | −4.6% |
| December 31, 2025 | +4.3% | +2.4% |
| September 30, 2025 | +7.4% | +7.8% |
| June 30, 2025 | −4.4% | +10.5% |
| March 31, 2025 | +5.4% | −4.6% |
| December 31, 2024 | +0.3% | +2.1% |
| September 30, 2024 | +9.1% | +5.4% |
| June 30, 2024 | −4.4% | +4.0% |
| March 31, 2024 | +10.0% | +10.0% |
| December 31, 2023 | +5.1% | +11.2% |
| September 30, 2023 | +0.9% | −3.6% |
| June 30, 2023 | +0.6% | +8.3% |
| March 31, 2023 | −1.3% | +7.0% |
| December 31, 2022 | +10.9% | +7.1% |
| September 30, 2022 | −8.3% | −5.3% |
| June 30, 2022 | −9.7% | −16.5% |
| March 31, 2022 | −1.7% | −4.9% |
| December 31, 2021 | +2.8% | +10.7% |
| September 30, 2021 | −4.5% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Wallace Capital Management Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1459754&type=13F-HR&dateb=&owner=include&count=40CIK 1459754
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1459754/000142050626001833/Filed August 14, 2026 · accession 0001420506-26-001833