Wallace Capital Management Inc.

Registered adviser

CIK

1459754

Location

DALLAS, TX

Portfolio Value

Small $911,524,032

Diversification

Diversified

Filing Date

Global Rank

#2,654 / 8,817 ▼ 162

Top Industry

Conglomerates 23.1%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 119174

Roster of Oct 1, 2026

Regulatory AUM

$1,488,904,952

Main clients

Individuals and high net worth (66% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$142,687,877 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$135,389,029 gross assets in 2 funds Hedge funds $135,389,029 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$1,488,904,952	Individuals and high net worth (66%)
Apr 2025 to Mar 2026	$1,354,552,109	Individuals and high net worth (65%)
Apr 2024 to Mar 2025	$1,191,449,458	Individuals and high net worth (65%)
May 2023 to Mar 2024	$1,056,164,843	Individuals and high net worth (63%)
Apr 2023	$1,056,164,843	Individuals and high net worth (63%)
Apr 2022 to Mar 2023	$1,054,414,394	Individuals and high net worth (65%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 76.6% of the book (60%+)

Turnover

Low turnover

10.1% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 20.9 quarters (12+), a floor since 70.7% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 93.9%; sector active share 55.4% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

76 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

19.6%

−0.3 pts

Top 5

62.1%

−1.0 pts

Top 10

76.6%

−0.8 pts

HHI

1,056

Diversified−27

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	38.8%	$353,511,651	12
Industrials	30.3%	$275,992,130	7
Communication Services	10.0%	$91,329,796	11
Consumer Defensive	8.3%	$75,450,066	15
Healthcare	5.0%	$45,491,835	9
Consumer Cyclical	4.4%	$40,329,235	6
Energy	2.1%	$18,848,128	4
Technology	0.7%	$6,080,214	4
Unclassified	0.5%	$4,490,977	8

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ZTS	Zoetis Inc.	+193,760	197,251	$14,174,456
CNX	CNX Resources Corp	+73,055	496,627	$16,850,554
POST	Post Holdings, Inc.	+68,362	186,530	$16,463,137
LBTYA	Liberty Global Ltd.	+55,076	1,342,309	$15,262,053
BRK-B	Berkshire Hathaway Inc	+21,573	263,465	$131,835,251
UL	Unilever PLC	+19,094	200,651	$12,063,138
UHAL-B	U-Haul Holding Co	+15,470	557,360	$32,159,672
PPLI	People Inc	+8,494	1,127,772	$52,057,955
MHK	Mohawk Industries Inc	+5,040	218,805	$26,547,610
GIS	General Mills Inc	+4,600	10,000	$348,000
PM	Philip Morris International Inc.	+2,128	5,639	$1,020,151
VO	VANGUARD MID-CAP INDEX FUND	+2,095	2,860	$230,430
RTX	RTX Corp	+1,844	2,975	$564,446
GHC	Graham Holdings Co	+1,305	156,376	$178,490,693
WTM	White Mountains Insurance Group Ltd	+1,272	80,067	$166,010,109
GOOG	Alphabet Inc.	+1,217	9,462	$3,343,208
BKNG	Booking Holdings Inc.	+1,152	1,200	$213,888
JPM	Jpmorgan Chase & Co	+1,125	3,515	$1,150,564
V	Visa Inc.	+825	4,222	$1,448,525
AAPL	Apple Inc.	+624	12,969	$3,752,709
MSFT	Microsoft Corp	+577	3,954	$1,474,921
ABBV	AbbVie Inc.	+489	2,165	$544,800
GOOGL	Alphabet Inc.	+457	4,059	$1,450,564
AMGN	Amgen Inc	+452	1,171	$424,042
LLY	ELI LILLY & Co	+258	723	$867,187
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TRIP	TripAdvisor, Inc.	−47,042	108,543	$1,488,124
LBTYK	Liberty Global Ltd.	−46,189	289,811	$3,187,921
GLIBK	Liberty Capital Corp	−26,442	492,557	$10,619,528
JNJ	Johnson & Johnson	−13,064	105,306	$26,744,564
L	Loews Corp	−12,801	244,525	$27,682,675
MICC	Magnum Ice Cream Co N.V.	−11,811	19,789	$344,526
KO	Coca Cola Co	−11,612	26,328	$2,139,676
TAP	Molson Coors Beverage Co	−11,078	445,346	$17,350,680
HLN	Haleon plc	−8,375	11,836	$110,429
—		−6,455	54,758	$1,821,251
HTLD	Heartland Express Inc	−6,060	965,007	$14,687,406
MRK	Merck & Co., Inc.	−4,936	11,829	$1,520,026
AMG	Affiliated Managers Group, Inc.	−4,540	58,334	$19,740,225
RSG	Republic Services, Inc.	−2,883	77,246	$16,459,577
MDLZ	Mondelez International, Inc.	−2,198	25,697	$1,486,314
UHAL	U-Haul Holding Co	−1,475	45,170	$2,955,924
CLX	Clorox Co	−1,435	8,216	$784,135
ENB	Enbridge Inc	−1,250	8,846	$479,541
CL	Colgate Palmolive Co	−880	8,735	$800,824
SPY	Spdr S&P 500 ETF Trust	−847	2,205	$1,646,627
JOUT	Johnson Outdoors Inc	−635	248,207	$11,427,450
XOM	ExxonMobil Holdings Corp	−574	8,442	$1,154,190
SEB	Seaboard Corp	−525	6,871	$30,674,412
PG	PROCTER & GAMBLE Co	−423	24,139	$3,539,742
APH	Amphenol Corp	−250	2,600	$458,432
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
ITOT	iShares Core S&P Total U.S. Stock Market ETF	3,300	$542,091
MO	Altria Group, Inc.	6,280	$451,846
QQQ	Invesco Qqq Trust, Series 1	341	$251,112
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
LLYVA	Liberty Live Holdings, Inc.	2,221	$203,532
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

76 tracked positions · $911,524,032 total · filing declares 77 positions · $912,139,389 · as of Jun 30, 2026

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

Showing 1–50 of 76 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
GHC	Graham Holdings Co Industrials	Added	156,376	+1,305	$178,490,693	+8.9%	26+	before history	19.58%
WTM	White Mountains Insurance Group Ltd Financial Services	Added	80,067	+1,272	$166,010,109	−4.1%	26+	before history	18.21%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	263,465	+21,573	$131,835,251	+13.7%	26+	before history	14.46%
PPLI	People Inc Communication Services	Added	1,127,772	+8,494	$52,057,955	+16.2%	4	$37.18	5.71%
UHAL-B	U-Haul Holding Co Industrials	Added	557,360	+15,470	$32,159,672	+32.9%	2	$47.42	3.53%
SEB	Seaboard Corp Industrials	Reduced	6,871	-525	$30,674,412	−26.6%	6	$2,641.14	3.37%
L	Loews Corp Financial Services	Reduced	244,525	-12,801	$27,682,675	+0.8%	26+	before history	3.04%
JNJ	Johnson & Johnson Healthcare	Reduced	105,306	-13,064	$26,744,564	−7.6%	26+	before history	2.93%
MHK	Mohawk Industries Inc Consumer Cyclical	Added	218,805	+5,040	$26,547,610	+26.1%	26+	before history	2.91%
AMG	Affiliated Managers Group, Inc. Financial Services	Reduced	58,334	-4,540	$19,740,225	+13.5%	26+	before history	2.17%
TAP	Molson Coors Beverage Co Consumer Defensive	Reduced	445,346	-11,078	$17,350,680	−11.7%	8	$55.47	1.90%
IMKTA	Ingles Markets Inc Consumer Defensive	Reduced	192,195	-112	$17,024,633	−1.5%	4	$70.18	1.87%
CNX	CNX Resources Corp Energy	Added	496,627	+73,055	$16,850,554	+3.2%	17	$22.99	1.85%
POST	Post Holdings, Inc. Consumer Defensive	Added	186,530	+68,362	$16,463,137	+40.9%	24	$76.53	1.81%
RSG	Republic Services, Inc. Industrials	Reduced	77,246	-2,883	$16,459,577	−6.2%	26+	before history	1.81%
LBTYA	Liberty Global Ltd. Communication Services	Added	1,342,309	+55,076	$15,262,053	−1.9%	11	$8.73	1.67%
HTLD	Heartland Express Inc Industrials	Reduced	965,007	-6,060	$14,687,406	+45.4%	4	$8.46	1.61%
ZTS	Zoetis Inc. Healthcare	Added	197,251	+193,760	$14,174,456	+3334.8%	26+	before history	1.56%
UL	Unilever PLC Consumer Defensive	Added	200,651	+19,094	$12,063,138	+16.6%	26+	before history	1.32%
JOUT	Johnson Outdoors Inc Consumer Cyclical	Reduced	248,207	-635	$11,427,450	−1.3%	25	$56.42	1.25%
GLIBK	Liberty Capital Corp Communication Services	Reduced	492,557	-26,442	$10,619,528	−45.0%	4	$35.21	1.17%
AAPL	Apple Inc. Technology	Added	12,969	+624	$3,752,709	+19.8%	23	$169.82	0.41%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	24,139	-423	$3,539,742	−0.2%	26+	before history	0.39%
GOOG	Alphabet Inc. Communication Services	Added	9,462	+1,217	$3,343,208	+41.4%	13	$149.65	0.37%
LBTYK	Liberty Global Ltd. Communication Services	Reduced	289,811	-46,189	$3,187,921	−19.1%	11	unpriced	0.35%
BRK-A	Berkshire Hathaway Inc Financial Services	Reduced	4	-10	$2,995,400	−70.2%	26+	before history	0.33%
UHAL	U-Haul Holding Co Industrials	Reduced	45,170	-1,475	$2,955,924	+32.6%	2	$51.26	0.32%
KO	Coca Cola Co Consumer Defensive	Reduced	26,328	-11,612	$2,139,676	−25.8%	26+	before history	0.23%
		Reduced	54,758	-6,455	$1,821,251	−40.8%	26+	before history	0.20%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,205	-847	$1,646,627	−17.0%	11	$535.13	0.18%
SIRI	Sirius Xm Holdings Inc. Communication Services	Added	53,407	+23	$1,577,642	+28.0%	8	unpriced	0.17%
MRK	Merck & Co., Inc. Healthcare	Reduced	11,829	-4,936	$1,520,026	−24.6%	26+	before history	0.17%
TRIP	TripAdvisor, Inc. Consumer Cyclical	Reduced	108,543	-47,042	$1,488,124	−10.3%	26+	before history	0.16%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	25,697	-2,198	$1,486,314	−7.6%	26+	before history	0.16%
MSFT	Microsoft Corp Technology	Added	3,954	+577	$1,474,921	+18.0%	13	$352.25	0.16%
GOOGL	Alphabet Inc. Communication Services	Added	4,059	+457	$1,450,564	+40.0%	13	$178.41	0.16%
V	Visa Inc. Financial Services	Added	4,222	+825	$1,448,525	+41.1%	26+	before history	0.16%
MA	Mastercard Inc Financial Services	Held	2,478	0	$1,272,700	+2.8%	26+	before history	0.14%
HSY	Hershey Co Consumer Defensive	Reduced	6,835	-170	$1,199,200	−17.7%	26+	before history	0.13%
LLYVK	Liberty Live Holdings, Inc. Communication Services	Reduced	11,330	-50	$1,196,901	+11.8%	3	$85.87	0.13%
XOM	ExxonMobil Holdings Corp Energy	Reduced	8,442	-574	$1,154,190	−24.5%	22	$96.13	0.13%
JPM	Jpmorgan Chase & Co Financial Services	Added	3,515	+1,125	$1,150,564	+63.7%	23	$208.52	0.13%
VOO	VANGUARD 500 INDEX FUND	Added	1,492	+31	$1,024,720	+17.4%	11	unpriced	0.11%
PM	Philip Morris International Inc. Consumer Defensive	Added	5,639	+2,128	$1,020,151	+75.7%	26+	before history	0.11%
UNH	Unitedhealth Group Inc Healthcare	Held	2,119	0	$880,719	+53.6%	13	$486.53	0.10%
LLY	ELI LILLY & Co Healthcare	Added	723	+258	$867,187	+102.8%	26+	before history	0.10%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	8,735	-880	$800,824	−2.3%	26+	before history	0.09%
CLX	Clorox Co Consumer Defensive	Reduced	8,216	-1,435	$784,135	−21.6%	26+	before history	0.09%
CABO	Cable One, Inc. Communication Services	Reduced	11,567	-232	$614,323	−42.9%	26+	before history	0.07%
RTX	RTX Corp Industrials	Added	2,975	+1,844	$564,446	+158.7%	4	$172.69	0.06%

Showing the top 50 of 76 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.