Wallace Capital Management Inc.

CIK

1459754

Location

DALLAS, TX

Portfolio Value

Small $804,532,023

Diversification

Diversified

Filing Date

Global Rank

#2,000 / 8,621 ▲ 76 · as of Mar 2026

Top Industry

Conglomerates 25.6%

3Y Alpha vs SPY

-6.4%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+48.6%

SPY

+67.5%

Annualised alpha

-4.7%

Max drawdown

−10.0%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

62 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

21.5%

−0.4 pts

Top 5

67.1%

−0.4 pts

Top 10

81.3%

−0.8 pts

HHI

1,212

Diversified−67

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	42.0%	$338,298,008	11
Industrials	29.3%	$235,863,312	6
Consumer Defensive	8.9%	$71,953,842	14
Communication Services	8.0%	$64,140,255	7
Consumer Cyclical	4.3%	$34,925,084	6
Healthcare	4.2%	$33,405,760	9
Energy	2.3%	$18,860,131	4
Technology	0.6%	$5,100,794	4
Unclassified	0.2%	$1,984,837	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
PPLI	People Inc	+235,503	1,119,278	$44,804,698
JOUT	Johnson Outdoors Inc	+59,546	248,842	$11,573,641
TAP-A	Molson Coors Beverage Co	+56,024	456,424	$19,653,617
IMKTA	Ingles Markets Inc	+46,658	192,307	$17,286,476
HTLD	Heartland Express Inc	+24,693	971,067	$10,099,096
CNX	CNX Resources Corp	+6,865	423,572	$16,328,700
PIPR	Piper Sandler Companies	+5,700	7,600	$581,780
MHK	Mohawk Industries Inc	+5,543	213,765	$21,047,301
CLX	Clorox Co /De/	+1,280	9,651	$1,000,133
SPY	Spdr S&P 500 ETF Trust	+185	3,052	$1,984,837
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TRIP	TripAdvisor, Inc.	−37,522	155,585	$1,658,536
JNJ	Johnson & Johnson	−16,449	118,370	$28,934,362
MICC	Magnum Ice Cream Co N.V.	−12,104	31,600	$472,420
LBTYA	Liberty Global Ltd.	−12,003	1,287,233	$15,562,646
KO	Coca Cola Co	−10,903	37,940	$2,885,337
UL	Unilever PLC	−9,635	181,557	$10,343,302
L	Loews Corp	−4,884	257,326	$27,466,977
RSG	Republic Services, Inc.	−4,744	80,129	$17,549,853
HLN	Haleon plc	−4,340	20,211	$202,312
BRK-B	Berkshire Hathaway Inc	−2,644	241,892	$115,914,646
POST	Post Holdings, Inc.	−2,290	118,168	$11,682,088
AMG	Affiliated Managers Group, Inc.	−2,223	62,874	$17,397,235
SIRI	Sirius Xm Holdings Inc.	−2,201	53,384	$1,232,102
GHC	Graham Holdings Co	−1,997	155,071	$163,950,365
MDLZ	Mondelez International, Inc.	−1,971	27,895	$1,607,867
WTM	White Mountains Insurance Group Ltd	−1,552	78,795	$173,109,463
MRK	Merck & Co., Inc.	−1,315	16,765	$2,016,661
HSY	Hershey Co	−1,130	7,005	$1,456,269
AAPL	Apple Inc.	−1,125	12,345	$3,133,037
KHC	Kraft Heinz Co	−1,053	18,569	$417,616
PG	PROCTER & GAMBLE Co	−772	24,562	$3,547,735
XOM	ExxonMobil Holdings Corp	−518	9,016	$1,529,654
APH	Amphenol Corp /De/	−350	2,850	$360,097
SEB	Seaboard Corp /De/	−317	7,396	$41,817,131
GOOGL	Alphabet Inc.	−265	3,602	$1,035,791
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
UHAL	U-Haul Holding Co /NV/	46,645	$2,228,698
LLYVA	Liberty Live Holdings, Inc.	2,221	$203,532
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
ABT	Abbott Laboratories	2,900	$363,341
IDXX	Idexx Laboratories Inc /De	350	$236,785
AMZN	Amazon Com Inc	995	$229,665
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

62 positions · $804,532,023 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 62 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WTM	White Mountains Insurance Group Ltd Financial Services	Reduced	78,795	-1,552	$173,109,463	+3.7%	21.52%
GHC	Graham Holdings Co Industrials	Reduced	155,071	-1,997	$163,950,365	−5.0%	20.38%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	241,892	-2,644	$115,914,646	−5.7%	14.41%
PPLI	People Inc Communication Services	Added	1,119,278	+235,503	$44,804,698	+29.7%	5.57%
SEB	Seaboard Corp /De/ Industrials	Reduced	7,396	-317	$41,817,131	+22.0%	5.20%
JNJ	Johnson & Johnson Healthcare	Reduced	118,370	-16,449	$28,934,362	+3.7%	3.60%
L	Loews Corp Financial Services	Reduced	257,326	-4,884	$27,466,977	−0.5%	3.41%
MHK	Mohawk Industries Inc Consumer Cyclical	Added	213,765	+5,543	$21,047,301	−7.5%	2.62%
TAP-A	Molson Coors Beverage Co Consumer Defensive	Added	456,424	+56,024	$19,653,617	+5.2%	2.44%
RSG	Republic Services, Inc. Industrials	Reduced	80,129	-4,744	$17,549,853	−2.4%	2.18%
AMG	Affiliated Managers Group, Inc. Financial Services	Reduced	62,874	-2,223	$17,397,235	−7.3%	2.16%
IMKTA	Ingles Markets Inc Consumer Defensive	Added	192,307	+46,658	$17,286,476	+73.1%	2.15%
CNX	CNX Resources Corp Energy	Added	423,572	+6,865	$16,328,700	+6.6%	2.03%
LBTYA	Liberty Global Ltd. Communication Services	Reduced	1,287,233	-12,003	$15,562,646	+7.5%	1.93%
POST	Post Holdings, Inc. Consumer Defensive	Reduced	118,168	-2,290	$11,682,088	−2.1%	1.45%
JOUT	Johnson Outdoors Inc Consumer Cyclical	Added	248,842	+59,546	$11,573,641	+44.0%	1.44%
UL	Unilever PLC Consumer Defensive	Reduced	181,557	-9,635	$10,343,302	−17.3%	1.29%
HTLD	Heartland Express Inc Industrials	Added	971,067	+24,693	$10,099,096	+18.2%	1.26%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	24,562	-772	$3,547,735	−2.3%	0.44%
AAPL	Apple Inc. Technology	Reduced	12,345	-1,125	$3,133,037	−14.4%	0.39%
KO	Coca Cola Co Consumer Defensive	Reduced	37,940	-10,903	$2,885,337	−15.5%	0.36%
UHAL	U-Haul Holding Co /NV/ Industrials	NEW	46,645	NEW	$2,228,698	NEW	0.28%
MRK	Merck & Co., Inc. Healthcare	Reduced	16,765	-1,315	$2,016,661	+6.0%	0.25%
SPY	Spdr S&P 500 ETF Trust	Added	3,052	+185	$1,984,837	+1.5%	0.25%
TRIP	TripAdvisor, Inc. Consumer Cyclical	Reduced	155,585	-37,522	$1,658,536	−41.0%	0.21%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	27,895	-1,971	$1,607,867	+0.0%	0.20%
XOM	ExxonMobil Holdings Corp Energy	Reduced	9,016	-518	$1,529,654	+33.3%	0.19%
HSY	Hershey Co Consumer Defensive	Reduced	7,005	-1,130	$1,456,269	−1.6%	0.18%
MSFT	Microsoft Corp Technology	Reduced	3,377	-40	$1,250,064	−24.4%	0.16%
MA	Mastercard Inc Financial Services	Held	2,478	0	$1,238,157	−12.5%	0.15%
SIRI	Sirius Xm Holdings Inc. Communication Services	Reduced	53,384	-2,201	$1,232,102	+10.8%	0.15%
CABO	Cable One, Inc. Communication Services	Reduced	11,799	-259	$1,076,186	−20.9%	0.13%
GOOGL	Alphabet Inc. Communication Services	Reduced	3,602	-265	$1,035,791	−14.4%	0.13%
V	Visa Inc. Financial Services	Held	3,397	0	$1,026,709	−13.8%	0.13%
CLX	Clorox Co /De/ Consumer Defensive	Added	9,651	+1,280	$1,000,133	+18.5%	0.12%
CL	Colgate Palmolive Co Consumer Defensive	Held	9,615	0	$819,486	+7.9%	0.10%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	2,390	-30	$703,042	−9.8%	0.09%
PIPR	Piper Sandler Companies Financial Services	Added	7,600	+5,700	$581,780	+260.5%	0.07%
PM	Philip Morris International Inc. Consumer Defensive	Held	3,511	0	$580,508	+3.1%	0.07%
UNH	Unitedhealth Group Inc Healthcare	Reduced	2,119	-45	$573,380	−19.7%	0.07%
ENB	Enbridge Inc Energy	Reduced	10,096	-250	$546,597	+10.5%	0.07%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Reduced	31,600	-12,104	$472,420	−31.8%	0.06%
CVX	Chevron Corp Energy	Reduced	2,200	-65	$455,180	+31.9%	0.06%
LLY	ELI LILLY & Co Healthcare	Reduced	465	-10	$427,693	−16.2%	0.05%
KHC	Kraft Heinz Co Consumer Defensive	Reduced	18,569	-1,053	$417,616	−12.2%	0.05%
ZTS	Zoetis Inc. Healthcare	Reduced	3,491	-200	$412,671	−11.1%	0.05%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	1,181	-48	$367,042	−2.3%	0.05%
ABBV	AbbVie Inc. Healthcare	Reduced	1,676	-113	$364,513	−10.8%	0.05%
APH	Amphenol Corp /De/ Technology	Reduced	2,850	-350	$360,097	−16.7%	0.04%
ADP	Automatic Data Processing Inc Technology	Held	1,760	0	$357,596	−21.0%	0.04%