SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Wallace Capital Management Inc.

CIK 0001459754 · 100 CRESCENT COURT, SUITE 1190, DALLAS, TX, 75201 · 214-303-0200

Reported Value
$763M
Q3 2019
Positions
63
Filings on Record
31
2019–present window
Filed
Nov 14, 2019
original filing

Summary

Wallace Capital Management Inc. reported $763M in U.S.-listed holdings across 63 positions for Q3 2019.

Its largest position, White Mtns Ins, represents 10.9% of the portfolio.

Compared with Q2 2019, the fund opened 5 new positions and exited 8.

Portfolio Metrics

Turnover
+9.1%
vs prior filed quarter
Top-10 Concentration
+63.9%
share of reported value
Largest Position
+10.9%
White Mtns Ins
New / Exited
5 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $689MQ4 ’18Q1 ’19: $723MQ2 ’19: $760MQ3 ’19: $763MQ4 ’19: $728MQ4 ’19Q1 ’20: $521MQ2 ’20: $547MQ3 ’20: $570MQ4 ’20: $659MQ4 ’20Q1 ’21: $763MQ2 ’21: $762MQ3 ’21: $737MQ4 ’21: $714MQ4 ’21Q1 ’22: $664MQ2 ’22: $664MQ3 ’22: $600MQ4 ’22: $638MQ4 ’22Q1 ’23: $610MQ2 ’23: $648MQ3 ’23: $652MQ4 ’23: $673MQ4 ’23Q1 ’24: $733MQ2 ’24: $690MQ3 ’24: $738MQ4 ’24: $732MQ4 ’24Q1 ’25: $781MQ2 ’25: $734MQ3 ’25: $805MQ4 ’25: $830MQ4 ’25Q1 ’26: $871Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 71.7%Other: 21.7%ADR: 2.4%NY Reg Shrs: 2.3%Tracking Stk: 1.9%
  • Common Stock · 71.7% · $547M
  • Other · 21.7% · $165M
  • ADR · 2.4% · $18M
  • NY Reg Shrs · 2.3% · $18M
  • Tracking Stk · 1.9% · $15M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KTBKontoor Brands IncNEW+311.9K311.9K+$11M$11M
BENFranklin Res IncNEW+350.5K350.5K+$10M$10M
AMGAffiliated Managers Group IncNEW+108.5K108.5K+$9M$9M
HN9Hanesbrands IncNEW+575.7K575.7K+$9M$9M
PEPPepsico IncNEW+1.5K1.5K+$206,000$206,000
LEXEALIBERTY EXPEDIA HLDGS INCSOLD OUT−394.8K0−$19M$0
ECHOECHOSTAR CORPSOLD OUT−226.6K0−$10M$0
NVSNNOVARTIS A GSOLD OUT−99.2K0−$9M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1White Mtns Ins Group LtdCOM10.92%$83M77.2K
2BRK/BBerkshire Hathaway Inc DelCL B NEW · CL A10.70%$82M367.2K
3GHCGraham Hldgs Cohistory →COM10.34%$79M118.9K
4CABOCable One Inchistory →COM9.63%$74M58.6K
5EXPEExpedia Inc Delhistory →COM NEW5.35%$41M304.0K
6Liberty Global PLCSHS CL C5.05%$39M1.62M
7RHRHhistory →COM4.03%$31M180.0K
8JEFJefferies Finl Group Inchistory →COM2.88%$22M1.20M
9LLoews Corphistory →COM2.86%$22M424.8K
10Koninklijke VopakCOM2.83%$22M420.3K
11SRGSeritage Growth PPTYShistory →CL A2.79%$21M501.8K
12UNUSDUnilever N Vhistory →N Y SHS NEW2.33%$18M295.7K
13GCI Liberty IncCOM CLASS A2.21%$17M272.3K
14FFHFairfax Financial Holdings Ltd (USA)history →COM2.17%$17M37.6K
15JNJJohnson & Johnsonhistory →COM2.05%$16M120.8K
16Liberty Media Corp DelawareCOM C SIRIUSXM · COM A SIRIUSXM1.95%$15M354.8K
17GISGeneral Mls Inchistory →COM1.83%$14M252.8K
18RSGRepublic Svcs Inchistory →COM1.62%$12M143.0K
19QVCAUSDQurate Retail Inchistory →COM SER A1.58%$12M1.17M
20KTBKontoor Brands Inchistory →COM1.43%$11M311.9K
21BENFranklin Res Inchistory →COM1.33%$10M350.5K
22Nestle SA-Spons ADRCOM1.28%$10M89.9K
23AMGAffiliated Managers Group Inchistory →COM1.18%$9M108.5K
24HN9Hanesbrands Inchistory →COM1.16%$9M575.7K
25Dufry AGCOM1.10%$8M100.7K
26SNYSanofihistory →SPONSORED ADR1.10%$8M180.6K
27GlaxoSmithKline PLCSPONSORED ADR1.01%$8M180.2K
28BFHAlliance Data Systems CorpCOM1.00%$8M59.4K
29KOCoca Cola CoCOM0.93%$7M130.0K
30CNDTConduent IncCOM0.78%$6M954.1K
31Unilever PLCSPON ADR NEW0.77%$6M97.3K
32LBRDKLiberty Broadband CorpCOM SER C · COM SER A0.51%$4M37.5K
33PGProcter & Gamble CoCOM0.43%$3M26.5K
34TRTootsie Roll Inds IncCOM0.40%$3M81.6K
35IPI1EURIntrepid Potash IncCOM0.30%$2M700.6K
36CLXClorox Co DelCOM0.30%$2M15.0K
37MDLZMondelez Intl IncCL A0.29%$2M39.9K
38MRKMerck & Co IncCOM0.28%$2M25.3K
39HSYHershey CoCOM0.27%$2M13.1K
40CLColgate Palmolive CoCOM0.18%$1M18.7K
41NDAQNasdaq IncCOM0.09%$654,0006.6K
42AAPLApple IncCOM0.08%$637,0002.8K
43LLYLilly Eli & CoCOM0.08%$609,0005.4K
44MCDMcDonalds CorpCOM0.06%$495,0002.3K
45KHCKraft Heinz CoCOM0.06%$447,00016.0K
464I1Philip Morris Intl IncCOM0.05%$396,0005.2K
47WFCWells Fargo & Co NewCOM0.05%$378,0007.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$871M75May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$830M75Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$805M77Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$734M72Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$781M83May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$732M81Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$738M85Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$690M79Aug 16, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2024$733M77May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$673M76Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$652M77Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$648M82Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$610M64May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$638M66Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$600M66Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$664M72Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$664M70May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$714M72Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$737M71Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$762M68Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$763M69May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$659M66Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$570M64Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$547M61Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$521M60May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$728M63Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$763M63Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$760M66Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$723M63May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$689M64Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.