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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 (2016Q3)
Portfolio Summary: 64 holdings with a total value of $568,413,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 WHITE MOUNTAINS INSURANCE GRP LTD 71,560 59,395,000 10.45%
2 BERKSHIRE HATHAWAY INC DEL 385,141 55,642,000 9.79%
3 FAIRFAX FINANCIAL HOLDINGS LTD 73,423 42,946,000 7.56%
4 CABLE ONE INC 71,562 41,793,000 7.35%
5 GRAHAM HLDGS CO COM 82,210 39,574,000 6.96%
6 ENDURANCE SPECIALTY 484,572 31,716,000 5.58%
7 EXPEDIA INC DEL 252,689 29,494,000 5.19%
8 LIBERTY MEDIA HOLDING CP INTER A 1,138,666 22,785,000 4.01%
9 UNILEVER N V 415,803 19,169,000 3.37%
10 TRIBUNE MEDIA CO 457,165 16,696,000 2.94%
11 LIBERTY INTERACTIVE CORP LBT VENT COM A DELETED 402,314 16,041,000 2.82%
12 LOEWS CORP 323,878 13,328,000 2.34%
13 MEREDITH CORP COM 248,860 12,939,000 2.28%
14 JOHNSON & JOHNSON 101,885 12,036,000 2.12%
15 ASCENT CAP GROUP INC COM SER A 478,927 11,097,000 1.95%
16 ECHOSTAR CORP CL A 238,054 10,434,000 1.84%
17 Nomad HLDGS Ltd 843,249 9,968,000 1.75%
18 GENERAL MLS INC 151,766 9,695,000 1.71%
19 LIBERTY M SIRIUSXM C 288,505 9,639,000 1.70%
20 CARROLS RESTAURANT GROUP INC 648,179 8,563,000 1.51%
21 REPUBLIC SVCS INC 155,505 7,846,000 1.38%
22 WAL-MART STORES INC 101,461 7,318,000 1.29%
23 GLAXOSMITHKLINE PLC 156,633 6,756,000 1.19%
24 COCA COLA CO 150,673 6,377,000 1.12%
25 NOVARTIS A G 73,507 5,805,000 1.02%
26 UNILEVER PLC 119,422 5,661,000 1.00%
27 SANOFI 137,694 5,259,000 0.93%
28 LIBERTY M SIRIUSXM A 102,370 3,479,000 0.61%
29 LIBERTY BROADBAND-C 44,153 3,157,000 0.56%
30 RESOLUTE FOREST 664,765 3,145,000 0.55%
31 NESTLE SA SPONSORED ADR REPSTG 39,108 3,089,000 0.54%
32 Tootsie Roll Industries Inc 82,858 3,052,000 0.54%
33 BERKSHIRE HATHAWAY INC DEL 14 3,028,000 0.53%
34 GENTEX CORP 166,950 2,932,000 0.52%
35 PROCTER AND GAMBLE CO 29,846 2,679,000 0.47%
36 LIBERTY MEDIA CORP SERIES C 89,159 2,509,000 0.44%
37 LIBERTY BROADBAND CORP COM SER A 33,125 2,325,000 0.41%
38 CENVEO INC 293,451 2,069,000 0.36%
39 MONDELEZ INTL INC 44,568 1,957,000 0.34%
40 CLOROX CO DEL 15,517 1,943,000 0.34%
41 MERCK & CO INC 30,724 1,918,000 0.34%
42 COLGATE PALMOLIVE CO 19,198 1,424,000 0.25%
43 DR PEPPER SNAPPLE GROUP INC 15,237 1,392,000 0.24%
44 HERSHEY CO 14,176 1,356,000 0.24%
45 KRAFT HEINZ CO 14,762 1,322,000 0.23%
46 COMMERCEHUB INC COM SER C 77,546 1,234,000 0.22%
47 LIBERTY MEDIA GR A 34,164 979,000 0.17%
48 LIBERTY BRAVES GR C 48,884 850,000 0.15%
49 COMMERCEHUB INC COM SER A 38,691 612,000 0.11%
50 PHILIP MORRIS INTL INC 5,728 557,000 0.10%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001420506-16-001374, filed 2016.11.14).

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.