SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Wallace Capital Management Inc.

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

Reported Value
$664M
Q1 2022
Positions
70
Filings on Record
31
2019–present window
Filed
May 16, 2022
original filing

Summary

Wallace Capital Management Inc. reported $664M in U.S.-listed holdings across 70 positions for Q1 2022.

Its largest position, BRK/B, represents 16.0% of the portfolio.

Compared with Q4 2021, the fund opened 3 new positions and exited 5.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+69.1%
share of reported value
Largest Position
+16.0%
Berkshire Hathaway
New / Exited
3 / 5
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: 71.9%Other: 24.4%Tracking Stk: 1.8%ADR: 1.1%REIT: 0.6%Other: 0.2%
  • Common Stock · 71.9% · $477M
  • Other · 24.4% · $162M
  • Tracking Stk · 1.8% · $12M
  • ADR · 1.1% · $7M
  • REIT · 0.6% · $4M
  • Other · 0.2% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DRQEURDRIL-QUIP INCNEW+132.3K132.3K+$4M$4M
BRBRBELLRING BRANDS INCNEW+171.8K171.8K+$4M$4M
LFTLUMENT FINANCE TRUST INCNEW+16.2K16.2K+$43,000$43,000
JOUTJOHNSON OUTDOORS INCADDED+49.3K61.6K+$4M$5M
QVCAUSDQURATE RETAIL INCSOLD OUT−984.1K0−$7M$0
GOOGLALPHABET INCSOLD OUT−970−$281,000$0
MSFTMICROSOFT CORPSOLD OUT−7000−$235,000$0
8CWCROWN CASTLE INTL CORP NEWSOLD OUT−1.0K0−$209,000$0

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

Holdings — Q1 2022

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A17.21%$114M333.4K
2GHCGRAHAM HLDGS COhistory →COM CL B14.82%$98M166.2K
3WHITE MTNS INS GROUP LTDCOM11.37%$75M71.9K
4LIBERTY GLOBAL PLCSHS CL C6.39%$42M1.78M
5CABOCABLE ONE INChistory →COM5.66%$38M32.6K
6AXIS CAP HLDGS LTDSHS4.01%$27M467.8K
7JNJJOHNSON & JOHNSONhistory →COM3.21%$21M119.3K
8LLOEWS CORPhistory →COM3.16%$21M340.7K
9GISGENERAL MLS INChistory →COM2.42%$16M230.8K
10LBRDKLIBERTY BROADBAND CORPCOM SER C · COM SER A2.20%$15M129.6K
11RSGREPUBLIC SVCS INChistory →COM2.10%$14M106.6K
12HN9HANESBRANDS INChistory →COM1.85%$12M916.4K
13LIBERTY MEDIA CORP DELCOM C SIRIUSXM · COM A SIRIUSXM1.80%$12M283.6K
14AMGAFFILIATED MANAGERS GROUP INhistory →COM1.75%$12M89.2K
15WOOFOOT LOCKER INChistory →COM1.74%$12M388.5K
16UNILEVER PLCSPON ADR NEW1.65%$11M240.5K
17POSTPOST HLDGS INChistory →COM1.51%$10M137.1K
18MCYMERCURY GENL CORP NEWhistory →COM1.41%$9M184.2K
19TRIPTRIPADVISOR INChistory →COM1.39%$9M365.9K
20BENFRANKLIN RESOURCES INChistory →COM1.22%$8M319.9K
21JEFJEFFERIES FINL GROUP INChistory →COM1.19%$8M247.8K
22MHKMOHAWK INDS INChistory →COM1.13%$8M51.5K
23SNYSANOFIhistory →SPONSORED ADR1.13%$7M140.9K
24GLAXOSMITHKLINE PLCSPONSORED ADR0.97%$6M144.1K
25KOCOCA COLA COCOM0.95%$6M99.3K
26JOUTJOHNSON OUTDOORS INCCL A0.72%$5M61.6K
27DRQEURDRIL-QUIP INCCOM0.61%$4M132.3K
28EQUITY COMWLTHCOM SH BEN INT0.56%$4M142.3K
29BRBRBELLRING BRANDS INCCOMMON STOCK0.55%$4M171.8K
30PGPROCTER AND GAMBLE COCOM0.55%$4M22.9K
31SCHLSCHOLASTIC CORPCOM0.44%$3M79.5K
32SRGSERITAGE GROWTH PPTYSCL A0.43%$3M292.1K
33HSYHERSHEY COCOM0.38%$3M11.5K
34CNDTCONDUENT INCCOM0.35%$2M427.9K
35MDLZMONDELEZ INTL INCCL A0.35%$2M36.4K
36NPKNATIONAL PRESTO INDS INCCOM0.29%$2M26.4K
37MRKMERCK & CO INCCOM0.28%$2M21.5K
38CLXCLOROX CO DELCOM0.28%$2M12.8K
39AAPLAPPLE INCCOM0.25%$2M10.5K
40CLCOLGATE PALMOLIVE COCOM0.16%$1M14.2K
41SPDR S&P 500 ETF TRTR UNIT0.13%$881,0002.1K
42ITICINVESTORS TITLE CO NCCOM0.11%$735,0004.0K
43CLARCLARUS CORP NEWCOM0.10%$677,00029.6K
44RESRPC INCCOM0.10%$642,00062.5K
45KHCKRAFT HEINZ COCOM0.09%$581,00013.9K
46MCDMCDONALDS CORPCOM0.08%$542,0002.2K
47LLYLILLY ELI & COCOM0.07%$493,0001.7K

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 ↗.