0001047469-12-010574.txt : 20121114 0001047469-12-010574.hdr.sgml : 20121114 20121114162057 ACCESSION NUMBER: 0001047469-12-010574 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 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: 121204844 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 a2211844z13f-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: September 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 11/14/2012 ------------------------------- ----------------- ------------- [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: 59 -------------------- Form 13F Information Table Value Total: $228,658 -------------------- (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 1,066 330,000 SH Sole N/A 330,000 Abbott Laboratories Common Stock - Long 002824100 229 3,364 SH Sole N/A 3,364 Altria Group Common Stock - Long 02209S103 247 7,406 SH Sole N/A 7,406 Ascent Media Corp Common Stock - Long 043632108 8,411 155,726 SH Sole N/A 155,726 Barrett Business Services, Inc. Common Stock - Long 068463108 6,279 231,711 SH Sole N/A 231,711 Berkshire Hathaway, Inc. Class A 084670108 1,592 12 SH Sole N/A 12 Berkshire Hathaway, Inc. Class B 084670702 15,098 171,175 SH Sole N/A 171,175 Big Lots Inc. Common Stock - Long 089302103 2,038 68,883 SH Sole N/A 68,883 Bristol Myers Squibb Co. Common Stock - Long 110122108 740 21,935 SH Sole N/A 21,935 Cambium Learning Grp, Inc. Common Stock - Long 13201A107 482 492,126 SH Sole N/A 492,126 Capital Southwest Corporation Common Stock - Long 140501107 2,463 22,000 SH Sole N/A 22,000 CBS Corp New Class B 124857202 431 11,868 SH Sole N/A 11,868 Cenveo, Inc. Common Stock - Long 15670S105 1,406 614,177 SH Sole N/A 614,177 Clorox Co Del Common Stock - Long 189054109 1,397 19,393 SH Sole N/A 19,393 Coca Cola Co Common Stock - Long 191216100 4,131 108,916 SH Sole N/A 108,916 Colgate-Palmolive Company Common Stock - Long 194162103 1,255 11,707 SH Sole N/A 11,707 CorVel Corporation Common Stock - Long 221006109 645 14,403 SH Sole N/A 14,403 Costco Wholesale Corporation Common Stock - Long 22160K105 482 4,814 SH Sole N/A 4,814 Cross A T Co Common Stock - Long 227478104 3,034 304,316 SH Sole N/A 304,316 Dr. Pepper Snapple Group, Inc. Common Stock - Long 26138E109 1,078 24,213 SH Sole N/A 24,213 Echostar Corporation Class A 278768106 7,267 253,569 SH Sole N/A 253,569 Eli Lilly & Company Common Stock - Long 532457108 291 6,129 SH Sole N/A 6,129 Employers Holdings, Inc. Common Stock - Long 292218104 4,475 244,136 SH Sole N/A 244,136 Expedia, Inc. Common Stock - Long 30212P105 7,492 129,534 SH Sole N/A 129,534 Exxon Mobil Corp Common Stock - Long 30231G102 763 8,346 SH Sole N/A 8,346 Fairfax Financial Holdings Limited (USA) Common Stock - Long 303901102 10,436 27,012 SH Sole N/A 27,012 Flagstone Reinsurance Holdings Common Stock - Long L3466T104 4,281 498,424 SH Sole N/A 498,424 General Electric Company Common Stock - Long 369604103 379 16,680 SH Sole N/A 16,680 General Mills, Inc. Common Stock - Long 370334104 3,460 86,837 SH Sole N/A 86,837 Gentex Corp Common Stock - Long 371901109 2,591 152,500 SH Sole N/A 152,500 GlaxoSmithKline PLC Sponsored ADR 37733W105 3,388 73,271 SH Sole N/A 73,271 Hampshire Group Ltd Common Stock - Long 4088591106 391 113,320 SH Sole N/A 113,320 Heinz H J Co Common Stock - Long 423074103 5,199 92,918 SH Sole N/A 92,918 Hershey Co Common Stock - Long 427866108 1,066 15,039 SH Sole N/A 15,039 Iron Mountain Incorporated Common Stock - Long 462846106 3,372 98,864 SH Sole N/A 98,864 Johnson & Johnson Common Stock - Long 478160104 5,015 72,782 SH Sole N/A 72,782 Kraft Foods Inc. Class A 50075N104 2,205 53,323 SH Sole N/A 53,323 K-Swiss Inc. Class A 482686102 5,527 1,611,323 SH Sole N/A 1,611,323 Liberty Interactive Corp. Ventures Series A 53071M880 1,578 31,782 SH Sole N/A 31,782 Liberty Media Corp New Cap Com Ser A 530322106 12,001 115,306 SH Sole N/A 115,306 Liberty Media Corp New Int Com Ser A 53071M104 11,887 642,549 SH Sole N/A 642,549 Medical Action Industries Common Stock - Long 58449L100 1,648 472,313 SH Sole N/A 472,313 Merck & Co Inc.. Common Stock - Long 58933Y105 1,464 32,456 SH Sole N/A 32,456 Meredith Corporation Common Stock - Long 589433101 6,162 176,055 SH Sole N/A 176,055 Montpelier Re Holdings, Ltd. Common Stock - Long G62185106 11,387 514,529 SH Sole N/A 514,529 Nicholas Financial, Inc. Common Stock - Long 65373J209 1,245 96,412 SH Sole N/A 96,412 Nobility Homes, Inc. Common Stock - Long 654892108 92 18,189 SH Sole N/A 18,189 Novartis AG Sponsored ADR 66987V109 2,339 38,176 SH Sole N/A 38,176 Proctor & Gamble Co Common Stock - Long 742718109 2,008 28,947 SH Sole N/A 28,947 Republic Services Common Stock - Long 760759100 2,531 91,994 SH Sole N/A 91,994 Resolute Forest Products Common Stock - Long 3687209 4,463 343,275 SH Sole N/A 235,615 Sanofi Aventis Sponsored ADR 80105N105 3,083 71,609 SH Sole N/A 71,609 Tootsie Roll Inds Inc. Common Stock - Long 890516107 2,183 80,928 SH Sole N/A 80,928 Unilever PLC Spon ADR New 904767704 3,967 125,019 SH Sole N/A 125,019 Unilever NV Common Stock - Long 904784709 1,674 47,191 SH Sole N/A 47,191 Utah Med Prods Inc. Common Stock - Long 917488108 2,017 59,329 SH Sole N/A 59,329 Wal-Mart Stores, Inc. Common Stock - Long 931142103 8,900 120,600 SH Sole N/A 120,600 Washington Post Co Class B 939640108 11,961 32,948 SH Sole N/A 32,948 White Mtns Ins Group Ltd. Common Stock - Long G9618E107 15,966 31,103 SH Sole N/A 31,103 Total 228,658 9,342,862