0001047469-12-008302.txt : 20120814 0001047469-12-008302.hdr.sgml : 20120814 20120814150925 ACCESSION NUMBER: 0001047469-12-008302 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120814 DATE AS OF CHANGE: 20120814 EFFECTIVENESS DATE: 20120814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wallace Capital Management Inc. CENTRAL INDEX KEY: 0001459754 IRS NUMBER: 752981025 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14310 FILM NUMBER: 121032230 BUSINESS ADDRESS: STREET 1: 300 CRESCENT COURT STREET 2: SUITE 830 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-303-0200 MAIL ADDRESS: STREET 1: 300 CRESCENT COURT STREET 2: SUITE 830 CITY: DALLAS STATE: TX ZIP: 75201 13F-HR 1 a2210743z13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2012 ----------------------- Check Here if Amendment / /; Amendment Number: --------- This Amendment (Check only one.): / / is a restatement. / / adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Wallace Capital Management, Inc. -------------------------------- Address: 100 Crescent Court -------------------------------- Suite 1190 -------------------------------- Dallas, TX 75201 -------------------------------- Form 13F File Number: --------------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Blake H. Estess ------------------------------- Title: CCO ------------------------------- Phone: 214/303-0200 ------------------------------- Signature, Place, and Date of Signing: /s/ Blake H. Estess Dallas, Texas 8/14/2012 ------------------------------- ----------------- ------------- [Signature] [City, State] [Date] Report Type (Check only one.): /X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) / / 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) / / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- --------------- ------------------------------------ [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: -0- -------------------- Form 13F Information Table Entry Total: 56 -------------------- Form 13F Information Table Value Total: $200,353 -------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 28- ------ ----------------- --------------------------------- [Repeat as necessary.]

Shares/ Voting Value Princ. Investment Other Authority Name of Issuer Title of Class Cusip (x$1000) Amount SH/PRN Discretion Manager Sole Shared None ---------------------------- ------------------- ---------- --------- --------- ------- ---------- ------- --------- ------- ------ Alliance One International Common Stock - Long 018772103 1,142 330,000 SH Sole N/A 330,000 Altria Group Inc. Common Stock - Long 02209S103 256 7,406 SH Sole N/A 7,406 Ascent Media Corp Common Stock - Long 043632108 7,591 146,682 SH Sole N/A 146,682 AT&T Inc. Common Stock - Long C00206R102 251 7,043 SH Sole N/A 7,043 Barrett Business Services, Inc. Common Stock - Long 068463108 4,894 231,510 SH Sole N/A 231,510 Berkshire Hathaway, Inc. Class A 084670108 1,499 12 SH Sole N/A 12 Berkshire Hathaway, Inc. Class B 084670702 13,680 164,165 SH Sole N/A 164,165 Bristol Myers Squibb Co. Common Stock - Long 110122108 738 20,515 SH Sole N/A 20,515 Cambium Learning Grp, Inc. Common Stock - Long 13201A107 468 492,126 SH Sole N/A 492,126 Capital Southwest Corporation Common Stock - Long 140501107 2,262 22,000 SH Sole N/A 22,000 CBS Corp New Class B 124857202 402 12,264 SH Sole N/A 12,264 Cenveo, Inc. Common Stock - Long 15670S105 1,007 521,902 SH Sole N/A 521,902 Clorox Co Del Common Stock - Long 189054109 1,246 17,200 SH Sole N/A 17,200 Coca Cola Co Common Stock - Long 191216100 3,362 49,995 SH Sole N/A 49,995 Colgate-Palmolive Company Common Stock - Long 194162103 1,239 11,905 SH Sole N/A 11,905 CorVel Corporation Common Stock - Long 221006109 706 14,403 SH Sole N/A 14,403 Costco Wholesale Corporation Common Stock - Long 22160K105 457 4,814 SH Sole N/A 4,814 Cross A T Co Common Stock - Long 227478104 2,989 302,816 SH Sole N/A 302,816 Dr. Pepper Snapple Group, Inc. Common Stock - Long 26138E109 1,081 24,708 SH Sole N/A 24,708 Echostar Corporation Class A 278768106 6,674 253,009 SH Sole N/A 253,009 Employers Holdings, Inc. Common Stock - Long 292218104 4,392 243,481 SH Sole N/A 243,481 Expedia, Inc. Common Stock - Long 30212P105 6,226 129,516 SH Sole N/A 129,516 Fairfax Financial Holdings Limited (USA) Common Stock - Long 303901102 10,474 26,611 SH Sole N/A 26,611 Flagstone Reinsurance Holdings Common Stock - Long L3466T104 4,028 502,900 SH Sole N/A 502,900 General Electric Company Common Stock - Long 369604103 298 14,300 SH Sole N/A 14,300 General Mills, Inc. Common Stock - Long 370334104 2,971 77,094 SH Sole N/A 77,094 GlaxoSmithKline PLC Sponsored ADR 37733W105 3,045 66,928 SH Sole N/A 66,928 Hampshire Group Ltd Common Stock - Long 4088591106 340 113,320 SH Sole N/A 113,320 Heinz H J Co Common Stock - Long 423074103 4,745 87,265 SH Sole N/A 87,265 Hershey Co Common Stock - Long 427866108 1,087 15,087 SH Sole N/A 15,087 Iron Mountain Incorporated Common Stock - Long 462846106 3,200 97,095 SH Sole N/A 97,095 Johnson & Johnson Common Stock - Long 478160104 4,709 69,696 SH Sole N/A 69,696 Kinder Morgan Management LLC Common Stock - Long 49455U100 295 4,019 SH Sole N/A 4,019 Kraft Foods Inc. Class A 50075N104 1,972 51,065 SH Sole N/A 51,065 K-Swiss Inc. Class A 482686102 4,503 1,462,123 SH Sole N/A 1,462,123 Liberty Media Corp New Cap Com Ser A 530322106 10,045 114,261 SH Sole N/A 114,261 Liberty Interactive Corp Int Com Ser A 53071M104 10,819 608,639 SH Sole N/A 608,639 Medical Action Industries Common Stock - Long 58449L100 1,640 471,163 SH Sole N/A 471,163 Merck & Co Inc.. Common Stock - Long 58933Y105 1,142 27,363 SH Sole N/A 27,363 Meredith Corporation Common Stock - Long 589433101 5,142 160,976 SH Sole N/A 160,976 Montpelier Re Holdings, Ltd. Common Stock - Long G62185106 10,275 482,638 SH Sole N/A 482,638 Nicholas Financial, Inc. Common Stock - Long 65373J209 1,236 96,412 SH Sole N/A 96,412 Nobility Homes, Inc. Common Stock - Long 654892108 103 18,189 SH Sole N/A 18,189 Novartis AG Sponsored ADR 66987V109 2,056 36,786 SH Sole N/A 36,786 Proctor & Gamble Co Common Stock - Long 742718109 1,732 28,277 SH Sole N/A 28,277 Republic Services Common Stock - Long 760759100 2,312 87,388 SH Sole N/A 87,388 Resolute Forest Products, Inc. Common Stock - Long 76117W109 3,578 309,020 SH Sole N/A 309,020 Sanofi Aventis Sponsored ADR 80105N105 2,453 64,924 SH Sole N/A 64,924 Tootsie Roll Inds Inc. Common Stock - Long 890516107 1,890 79,223 SH Sole N/A 79,223 Tripadvisor, Inc. Common Stock - Long 896945201 217 6,087 SH Sole N/A 6,087 Unilver NV Sponsored ADR 904784709 1,069 32,046 SH Sole N/A 32,046 Unilever PLC Spon ADR New 904767704 4,159 123,295 SH Sole N/A 123,295 Utah Med Prods Inc. Common Stock - Long 917488108 2,018 60,171 SH Sole N/A 60,171 Wal-Mart Stores, Inc. Common Stock - Long 931142103 7,588 113,747 SH Sole N/A 113,747 Washington Post Co Class B 939640108 11,086 29,656 SH Sole N/A 29,656 White Mtns Ins Group Ltd. Common Stock - Long G9618E107 15,564 29,830 SH Sole N/A 29,830 Total 200,353 8,575,066