Bruce & Co., Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Bruce & Co., Inc. reported 37 stock positions worth $297.1 million. Its top holding was U-Haul Holding Co.-Non Voting (UHAL.B) at 11.1% of the portfolio, followed by Merck (MRK, 9.8%) and Abbvie (ABBV, 8.5%). Compared with Q4 2023, it opened 2 new positions, added to 2 and reduced 3. The biggest buy was a new position in Bunge Global (BG) and the biggest sale Xcel Energy (XEL, shares −34%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001358331
Portfolio Value
$297.1M (Q1 2024)
SEC Filing
0001104659-24-060446 ↗ filed May 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $297.1M $297.1M Q1 2024 Q2 2024: $299.2M Q2 2024 Q3 2024: $342.1M Q3 2024 Q4 2024: $309.9M Q4 2024 Q1 2025: $310.5M Q1 2025 Q2 2025: $307.8M Q2 2025 Q3 2025: $322.9M Q3 2025 Q4 2025: $322.5M Q4 2025 Q1 2026: $349.7M Q1 2026 Q2 2026: $369.5M Q2 2026

Holdings 37 stocks · $297.1M
UHAL.B U-Haul Holding Co.-Non Voting 11.07% 493,350 $32.9M Reduce -8.0%
MRK Merck & Co Inc 9.80% 220,700 $29.1M No change
ABBV Abbvie Inc. 8.46% 138,000 $25.1M No change
ALL Allstate Corp. 7.41% 127,200 $22.0M No change
DUK Duke Energy Corp. 6.64% 203,890 $19.7M No change
CMS CMS Energy Corp. 6.42% 316,000 $19.1M No change
Nextera Energy filed as FPL GROUP INC 6.32% 293,600 $18.8M No change
ABT Abbott Laboratories 5.74% 150,000 $17.0M No change
T AT&T Inc. 5.69% 961,000 $16.9M No change
IIIN Insteel Industries Inc. 4.42% 343,423 $13.1M No change
XEL Xcel Energy Inc. 3.49% 193,000 $10.4M Reduce -34.1%
PFE Pfizer Inc. 2.51% 268,500 $7.5M No change
AVA Avista Corp. 2.37% 201,500 $7.1M No change
DAR Darling Ingredients Inc. 2.35% 150,000 $7.0M Add +7.1%
VALEANT PHARMACEUTICALS INTL filed as Bausch Health 2.30% 644,000 $6.8M No change
AAPL Apple Inc. 2.03% 35,100 $6.0M No change
BG Bunge Global SA 1.73% 50,000 $5.1M New
UHAL U-Haul Holding Co. 1.61% 70,805 $4.8M No change
FOCL Edap TMS SA -ADR 1.37% 553,652 $4.1M No change
ADM Archer-Daniels-Midland Co. 1.06% 50,000 $3.1M New
SUPN Supernus Pharmaceuticals Inc. 0.94% 82,105 $2.8M No change
LVTX Lava Therapeutics NV 0.86% 771,874 $2.6M No change
NEM Newmont Corp. 0.79% 65,600 $2.4M No change
KOD Kodiak Sciences Inc. 0.75% 423,000 $2.2M Reduce -10.6%
SIRI Sirius XM Holdings Inc. 0.73% 557,843 $2.2M No change
VICR Vicor Corp. 0.58% 45,000 $1.7M Add +50.0%
ASH Ashland LLC 0.49% 15,000 $1.5M No change
FATE Fate Therapeutics Inc. 0.35% 143,000 $1.0M No change
CRBU Caribou Biosciences Inc. 0.35% 200,000 $1.0M No change
MNKD Mannkind Corp. 0.30% 195,073 $884K No change
VTRS Viatris Inc. 0.23% 58,252 $696K No change
IGMS Igm Biosciences Inc. 0.21% 65,000 $627K No change
OGN Organon & Co. 0.20% 31,190 $586K No change
MASS 908 Devices Inc. 0.17% 68,286 $516K No change
PSNL Personalis Inc. 0.15% 300,000 $447K No change
RLI Rli Corp. 0.10% 2,000 $297K No change
WBD Warner Bros Discovery Inc. 0.03% 10,642 $93K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $4.4M (not counted above)
SecurityClassShares / PrincipalValueChange
Acorda Theraputics Cv 6.0% · principal 5,000,000$2.9MNo change
ACCELERATE DIAGNOSTICS (AXDX 5 12/15/26) NOTE 5.000%12/1 · principal 3,133,920$1.5MNo change

Total filed on the 13F, all lines: $301.5M.

Portfolio Sells Q4 2023 → Q1 2024
XEL Xcel Energy Inc. Reduce -34.1% 3.49% −3.03
UHAL.B U-Haul Holding Co.-Non Voting Reduce -8.0% 11.07% −2.32
KOD Kodiak Sciences Inc. Reduce -10.6% 0.75% +0.24

Portfolio Buys Q4 2023 → Q1 2024
BG Bunge Global SA New 1.73% +1.73
ADM Archer-Daniels-Midland Co. New 1.06% +1.06
VICR Vicor Corp. Add +50.0% 0.58% +0.10
DAR Darling Ingredients Inc. Add +7.1% 2.35% −0.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 41$369.5MABBV, ALL, AER, Nextera Energy, MRK
Q1 2026 41$349.7MNextera Energy, ABBV, ALL, AER, MRK
Q4 2025 39$322.5MABBV, AER, ALL, Nextera Energy, UHAL.B
Q3 2025 39$322.9MABBV, ALL, Nextera Energy, UHAL.B, AER
Q2 2025 40$307.8MALL, UHAL.B, ABBV, Nextera Energy, AER
Q1 2025 41$310.5MUHAL.B, ABBV, ALL, Nextera Energy, DUK
Q4 2024 39$309.9MUHAL.B, ALL, ABBV, Nextera Energy, MRK
Q3 2024 39$342.1MUHAL.B, ABBV, Nextera Energy, ALL, MRK
Q2 2024 38$299.2MUHAL.B, MRK, ABBV, Nextera Energy, ALL
Q1 2024 37$297.1MUHAL.B, MRK, ABBV, ALL, DUK