Wallace Capital Management Q2 2026 Portfolio Update: Strategic Shifts and Key Holdings

As of June 30, 2026, Wallace Capital Management Inc.'s portfolio has reached a total value of $887.37 million, reflecting continued investment activity throughout the quarter.

The firm demonstrated significant buying interest in several sectors during Q2:

• POST Holdings Inc. saw a substantial increase of 57.85 percentage points in its portfolio allocation, driven by a remarkable share growth of over 68,000 units.
• In the Healthcare sector, ZOETIS INC experienced an enormous weight jump of more than five times its previous allocation due to nearly doubling its position size.
• CNX Res Corp also showed strong buying interest, adding significantly to the portfolio with a healthy 17.25% increase in weight from prior periods.

Conversely, Wallace Capital Management Inc. reduced exposure across several areas:

• The firm completely exited its position in TRIP Advisor Inc., removing a small but notable holding from the portfolio with an almost 30% reduction in allocation percentage.
• Within the Consumer Cyclical sector, there was a complete exit of MHK Mohawk Industries Inc.
• The investor also trimmed its stake significantly from Liberty Global Ltd., reducing both LBTYA and LBTYK holdings by over 13% each.

Wallace Capital Management Inc. maintained strong positions in several core sectors:

• BRK-B Berkshire Hathaway INC DEL remained a cornerstone holding, increasing its position by nearly 8% during the quarter.
• The firm also bolstered its stake in JNJ Johnson & Johnson, adding shares despite recent declines elsewhere.
• Several other holdings showed moderate increases, including IAC People Inc.

The portfolio's sector allocation shifted during Q2:

• Financial Services continued to dominate with a 21.14% allocation, slightly higher than the previous quarter.
• Consumer Defensive holdings saw their largest reduction from prior periods, dropping below 5% for the first time in this reporting period.

In summary, Wallace Capital Management Inc.'s Q2 activity involved substantial new purchases and strategic exits. The firm appears to be actively managing its portfolio across various sectors while maintaining a significant allocation to Financial Services stocks like BRK-B.