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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 (2016Q4)
Portfolio Summary: 66 holdings with a total value of $551,561,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 386,753 63,033,000 11.43%
2 WHITE MOUNTAINS INSURANCE GRP LTD 71,760 59,995,000 10.88%
3 GRAHAM HLDGS CO COM 91,422 46,803,000 8.49%
4 CABLE ONE INC 71,678 44,564,000 8.08%
5 FAIRFAX FINANCIAL HOLDINGS LTD 72,293 34,959,000 6.34%
6 EXPEDIA INC DEL 251,708 28,513,000 5.17%
7 LIBERTY MEDIA HOLDING CP INTER A 1,122,716 22,432,000 4.07%
8 TRIBUNE MEDIA CO 490,662 17,164,000 3.11%
9 UNILEVER N V 404,591 16,613,000 3.01%
10 LOEWS CORP 325,359 15,237,000 2.76%
11 MEREDITH CORP COM 249,055 14,732,000 2.67%
12 ECHOSTAR CORP CL A 237,744 12,218,000 2.22%
13 JOHNSON & JOHNSON 105,608 12,168,000 2.21%
14 CARROLS RESTAURANT GROUP INC 652,209 9,947,000 1.80%
15 LIBERTY M SIRIUSXM C 285,605 9,688,000 1.76%
16 GENERAL MLS INC 154,085 9,518,000 1.73%
17 LIBERTY INTERACTIVE CORP LBT VENT COM A DELETED 245,416 9,049,000 1.64%
18 REPUBLIC SVCS INC 155,664 8,881,000 1.61%
19 HAIN CELESTIAL GROUP INC COM 222,670 8,691,000 1.58%
20 RESTORATION HARDWARE HLDGS I 270,612 8,308,000 1.51%
21 Nomad HLDGS Ltd 855,439 8,187,000 1.48%
22 LIBERTY EXPEDIA HOLDINGS SER A COM 162,598 6,451,000 1.17%
23 COCA COLA CO 150,216 6,228,000 1.13%
24 GLAXOSMITHKLINE PLC 149,765 5,768,000 1.05%
25 SANOFI 135,879 5,495,000 1.00%
26 NOVARTIS A G 73,382 5,346,000 0.97%
27 UNILEVER PLC 119,192 4,852,000 0.88%
28 WAL-MART STORES INC 59,898 4,141,000 0.75%
29 NESTLE SA SPONSORED ADR REPSTG 53,453 3,842,000 0.70%
30 ASCENT CAP GROUP INC COM SER A 233,685 3,800,000 0.69%
31 BERKSHIRE HATHAWAY INC DEL 14 3,418,000 0.62%
32 GENTEX CORP 167,535 3,299,000 0.60%
33 Tootsie Roll Industries Inc 82,861 3,294,000 0.60%
34 LIBERTY BROADBAND-C 44,077 3,265,000 0.59%
35 LIBERTY M SIRIUSXM A 94,085 3,248,000 0.59%
36 LIBERTY MEDIA CORP SERIES C 89,317 2,799,000 0.51%
37 PROCTER AND GAMBLE CO 30,278 2,546,000 0.46%
38 LIBERTY BROADBAND CORP COM SER A 31,348 2,272,000 0.41%
39 MONDELEZ INTL INC 44,576 1,977,000 0.36%
40 CLOROX CO DEL 15,592 1,871,000 0.34%
41 MERCK & CO INC 31,413 1,850,000 0.34%
42 HERSHEY CO 14,031 1,452,000 0.26%
43 DR PEPPER SNAPPLE GROUP INC 15,073 1,367,000 0.25%
44 COLGATE PALMOLIVE CO 19,968 1,307,000 0.24%
45 KRAFT HEINZ CO 14,871 1,299,000 0.24%
46 COMMERCEHUB INC COM SER C 77,519 1,165,000 0.21%
47 LIBERTY MEDIA GR A 34,193 1,072,000 0.19%
48 CENVEO INC 148,463 1,038,000 0.19%
49 LIBERTY BRAVES GR C 48,854 1,006,000 0.18%
50 RESOLUTE FOREST 126,995 680,000 0.12%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001420506-17-000193, filed 2017.02.14).

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.