13F HOLDINGS REPORT
Wallace Capital Management Inc.
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001420506-26-000544
Total Value
$830.5M
Positions
75
Other Managers
0
Confidential Omitted
No
Holdings (75)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | GRAHAM HLDGS CO | GHM | 157,068 | $172.6M | 20.78% |
| 2 | WHITE MTNS INS GROUP LTD | G9618E107 | 80,347 | $167.0M | 20.10% |
| 3 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 244,536 | $122.9M | 14.80% |
| 4 | IAC INC | IAC | 883,775 | $34.6M | 4.16% |
| 5 | SEABOARD CORP DEL | SE | 7,713 | $34.3M | 4.13% |
| 6 | JOHNSON & JOHNSON | JNJ | 134,819 | $27.9M | 3.36% |
| 7 | LOEWS CORP | L | 262,210 | $27.6M | 3.32% |
| 8 | MOHAWK INDS INC | 608190104 | 208,222 | $22.8M | 2.74% |
| 9 | GCI LIBERTY INC | GLIBK | 505,977 | $18.8M | 2.27% |
| 10 | AFFILIATED MANAGERS GROUP IN | MGRE | 65,097 | $18.8M | 2.26% |
| 11 | MOLSON COORS BEVERAGE CO | TAP-A | 400,400 | $18.7M | 2.25% |
| 12 | REPUBLIC SVCS INC | 760759100 | 84,873 | $18.0M | 2.17% |
| 13 | CNX RES CORP | CNX | 416,707 | $15.3M | 1.84% |
| 14 | LIBERTY GLOBAL LTD | LBTYK | 1,299,236 | $14.5M | 1.74% |
| 15 | UNILEVER PLC | UNLYF | 191,192 | $12.5M | 1.51% |
| 16 | POST HLDGS INC | POST | 120,458 | $11.9M | 1.44% |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 14 | $10.6M | 1.27% |
| 18 | INGLES MKTS INC | 457030104 | 145,649 | $10.0M | 1.20% |
| 19 | HEARTLAND EXPRESS INC | HTLD | 946,374 | $8.5M | 1.03% |
| 20 | JOHNSON OUTDOORS INC | JOUT | 189,296 | $8.0M | 0.97% |
| 21 | LIBERTY GLOBAL LTD | LBTYK | 368,763 | $4.1M | 0.49% |
| 22 | APPLE INC | AAPL | 13,470 | $3.7M | 0.44% |
| 23 | PROCTER AND GAMBLE CO | 742718109 | 25,334 | $3.6M | 0.44% |
| 24 | COCA COLA CO | KO | 48,843 | $3.4M | 0.41% |
| 25 | LIBERTY BROADBAND CORP | LBRDP | 64,339 | $3.1M | 0.38% |
| 26 | TRIPADVISOR INC | TRIP | 193,107 | $2.8M | 0.34% |
| 27 | ALPHABET INC | GOOG | 8,245 | $2.6M | 0.31% |
| 28 | SPDR S&P 500 ETF TR | SPY | 2,867 | $2.0M | 0.24% |
| 29 | MERCK & CO INC | MRK | 18,080 | $1.9M | 0.23% |
| 30 | MICROSOFT CORP | MSFT | 3,417 | $1.7M | 0.20% |
| 31 | MONDELEZ INTL INC | 609207105 | 29,866 | $1.6M | 0.19% |
| 32 | HERSHEY CO | HSY | 8,135 | $1.5M | 0.18% |
| 33 | MASTERCARD INCORPORATED | MA | 2,478 | $1.4M | 0.17% |
| 34 | CABLE ONE INC | CABO | 12,058 | $1.4M | 0.16% |
| 35 | ALPHABET INC | GOOG | 3,867 | $1.2M | 0.15% |
| 36 | VISA INC | V | 3,397 | $1.2M | 0.14% |
| 37 | EXXON MOBIL CORP | XOM | 9,534 | $1.1M | 0.14% |
| 38 | SIRIUSXM HOLDINGS INC | 829933100 | 55,585 | $1.1M | 0.13% |
| 39 | LIBERTY LIVE HOLDINGS INC | LLYVK | 12,059 | $1.0M | 0.12% |
| 40 | VANGUARD INDEX FDS | 922908363 | 1,421 | $891,398 | 0.11% |
| 41 | CLOROX CO DEL | CLX | 8,371 | $844,048 | 0.10% |
| 42 | JPMORGAN CHASE & CO. | VYLD | 2,420 | $779,925 | 0.09% |
| 43 | COLGATE PALMOLIVE CO | CL | 9,615 | $759,777 | 0.09% |
| 44 | UNITEDHEALTH GROUP INC | UNH | 2,164 | $714,358 | 0.09% |
| 45 | MAGNUM ICE CREAM CO NV | MICC | 43,704 | $692,708 | 0.08% |
| 46 | PIPER SANDLER COMPANIES | PIPR | 1,900 | $645,449 | 0.08% |
| 47 | PHILIP MORRIS INTL INC | 718172109 | 3,511 | $563,164 | 0.07% |
| 48 | ELI LILLY & CO | LLY | 475 | $510,473 | 0.06% |
| 49 | ENBRIDGE INC | ENNPF | 10,346 | $494,849 | 0.06% |
| 50 | KRAFT HEINZ CO | KHC | 19,622 | $475,834 | 0.06% |
| 51 | ZOETIS INC | ZTS | 3,691 | $464,402 | 0.06% |
| 52 | AUTOMATIC DATA PROCESSING IN | ADP | 1,760 | $452,725 | 0.05% |
| 53 | AMPHENOL CORP NEW | 032095101 | 3,200 | $432,448 | 0.05% |
| 54 | ABBVIE INC | ABBV | 1,789 | $408,805 | 0.05% |
| 55 | GOLDMAN SACHS GROUP INC | GSCE | 446 | $392,034 | 0.05% |
| 56 | MCDONALDS CORP | MCD | 1,229 | $375,685 | 0.05% |
| 57 | MARSH & MCLENNAN COS INC | 571748102 | 2,010 | $372,895 | 0.04% |
| 58 | ABBOTT LABS | ABLZF | 2,900 | $363,341 | 0.04% |
| 59 | CHEVRON CORP NEW | CVX | 2,265 | $345,209 | 0.04% |
| 60 | MACYS INC | 55616P104 | 14,952 | $329,692 | 0.04% |
| 61 | HINGHAM INSTN SVGS MASS | 433323102 | 1,000 | $283,960 | 0.03% |
| 62 | PROGRESSIVE CORP | 743315103 | 1,231 | $280,323 | 0.03% |
| 63 | THERMO FISHER SCIENTIFIC INC | TMO | 450 | $260,753 | 0.03% |
| 64 | BOOKING HOLDINGS INC | BKNG | 48 | $257,056 | 0.03% |
| 65 | VANGUARD TAX-MANAGED FDS | 921943858 | 4,037 | $252,191 | 0.03% |
| 66 | GENERAL MLS INC | 370334104 | 5,400 | $251,100 | 0.03% |
| 67 | HALEON PLC | HLNCF | 24,551 | $248,215 | 0.03% |
| 68 | ISHARES TR | 464287200 | 360 | $246,898 | 0.03% |
| 69 | AMGEN INC | AMGN | 744 | $243,519 | 0.03% |
| 70 | IDEXX LABS INC | 45168D104 | 350 | $236,786 | 0.03% |
| 71 | AMAZON COM INC | AMZN | 995 | $229,666 | 0.03% |
| 72 | RTX CORPORATION | RTX | 1,231 | $225,765 | 0.03% |
| 73 | VANGUARD INDEX FDS | 922908629 | 765 | $222,018 | 0.03% |
| 74 | DIMENSIONAL ETF TRUST | 25434V724 | 4,567 | $212,777 | 0.03% |
| 75 | VODAFONE GROUP PLC NEW | 92857W308 | 15,000 | $198,150 | 0.02% |