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Institutional Investment Manager
Wallace Capital Management Inc.
Wallace Capital Management Inc. (CIK: 0001459754) incorporated in Texas, located at 100 Crescent Court, Dallas, TX. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 61 holdings with a total value of $603,563,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 WHITE MOUNTAINS INSURANCE GRP LTD 91,720 77,228,000 12.80%
2 BERKSHIRE HATHAWAY INC DEL 378,004 54,731,000 9.07%
3 GRAHAM HLDGS CO COM 103,847 50,837,000 8.42%
4 CABLE ONE INC 92,000 47,050,000 7.80%
5 ENDURANCE SPECIALTY 602,031 40,432,000 6.70%
6 FAIRFAX FINANCIAL HOLDINGS LTD 71,936 38,542,000 6.39%
7 LIBERTY MEDIA HOLDING CP INTER A 1,108,156 28,114,000 4.66%
8 EXPEDIA INC DEL 262,632 27,918,000 4.63%
9 LOEWS CORP 506,335 20,805,000 3.45%
10 UNILEVER N V 402,907 18,912,000 3.13%
11 TRIBUNE MEDIA CO 438,206 17,169,000 2.84%
12 LIBERTY INTERACTIVE CORP LBT VENT COM A DELETED 383,106 14,202,000 2.35%
13 MEREDITH CORP COM 251,792 13,071,000 2.17%
14 JOHNSON & JOHNSON 103,703 12,579,000 2.08%
15 GENERAL MLS INC 153,014 10,913,000 1.81%
16 ASCENT CAP GROUP INC COM SER A 630,692 9,706,000 1.61%
17 ECHOSTAR CORP CL A 238,114 9,453,000 1.57%
18 WAL-MART STORES INC 126,930 9,268,000 1.54%
19 LIBERTY M SIRIUSXM C 280,014 8,644,000 1.43%
20 REPUBLIC SVCS INC 163,098 8,369,000 1.39%
21 COCA COLA CO 151,488 6,867,000 1.14%
22 GLAXOSMITHKLINE PLC 151,641 6,572,000 1.09%
23 NOVARTIS A G 71,636 5,911,000 0.98%
24 UNILEVER PLC 119,405 5,721,000 0.95%
25 SANOFI 133,294 5,578,000 0.92%
26 LIBERTY BROADBAND-C 88,910 5,335,000 0.88%
27 LIBERTY M SIRIUSXM A 136,687 4,287,000 0.71%
28 CARROLS RESTAURANT GROUP INC 320,099 3,809,000 0.63%
29 RESOLUTE FOREST 668,560 3,537,000 0.59%
30 Tootsie Roll Industries Inc 84,125 3,241,000 0.54%
31 BERKSHIRE HATHAWAY INC DEL 14 3,038,000 0.50%
32 NESTLE SA SPONSORED ADR REPSTG 37,198 2,869,000 0.48%
33 CENVEO INC 3,113,593 2,540,000 0.42%
34 PROCTER AND GAMBLE CO 29,843 2,527,000 0.42%
35 GENTEX CORP 157,010 2,426,000 0.40%
36 CLOROX CO DEL 16,092 2,227,000 0.37%
37 MONDELEZ INTL INC 44,562 2,028,000 0.34%
38 LIBERTY BROADBAND CORP COM SER A 33,830 2,010,000 0.33%
39 MERCK & CO INC 30,885 1,779,000 0.29%
40 HERSHEY CO 14,336 1,627,000 0.27%
41 DR PEPPER SNAPPLE GROUP INC 16,032 1,549,000 0.26%
42 LIBERTY MEDIA CORP SERIES C 78,799 1,495,000 0.25%
43 COLGATE PALMOLIVE CO 19,798 1,449,000 0.24%
44 KRAFT HEINZ CO 14,758 1,306,000 0.22%
45 LIBERTY BRAVES GR C 48,964 718,000 0.12%
46 LIBERTY MEDIA GR A 34,157 654,000 0.11%
47 PHILIP MORRIS INTL INC 5,728 583,000 0.10%
48 ALTRIA GROUP INC 7,268 501,000 0.08%
49 LILLY ELI & CO 6,053 477,000 0.08%
50 Nomad HLDGS Ltd 51,000 407,000 0.07%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001420506-16-001246, filed 2016.08.15).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.