Bruce & Co., Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Bruce & Co., Inc. reported 40 stock positions worth $307.8 million. Its top holding was Allstate (ALL) at 8.2% of the portfolio, followed by U-Haul Holding Co.-Non Voting (UHAL.B, 8.0%) and Abbvie (ABBV, 7.7%). Compared with Q1 2025, it opened 1 new position, sold out of 2, added to 2 and reduced 4. The biggest buy was a new position in Lyondellbasell Indu Class A (LYB) and the biggest sale CMS Energy (CMS, shares −13%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001358331
Portfolio Value
$307.8M (Q2 2025)
SEC Filing
0001104659-25-078312 ↗ filed Aug 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $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 $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 40 stocks · $307.8M
ALL Allstate Corp. 8.21% 125,500 $25.3M No change
UHAL.B U-Haul Holding Co.-Non Voting 7.98% 452,000 $24.6M No change
ABBV Abbvie Inc. 7.69% 127,500 $23.7M No change
Nextera Energy filed as FPL GROUP INC 7.10% 315,000 $21.9M No change
AER Aercap Holdings NV 6.97% 183,500 $21.5M No change
DUK Duke Energy Corp. 6.74% 175,816 $20.7M No change
T AT&T Inc. 6.33% 673,000 $19.5M No change
ABT Abbott Laboratories 5.91% 133,800 $18.2M No change
MRK Merck & Co Inc 4.96% 192,800 $15.3M Reduce -4.9%
CMS CMS Energy Corp. 4.41% 196,000 $13.6M Reduce -13.3%
XEL Xcel Energy Inc. 4.30% 194,500 $13.2M No change
IIIN Insteel Industries Inc. 4.15% 343,423 $12.8M No change
AAPL Apple Inc. 2.59% 38,900 $8.0M No change
AVA Avista Corp. 2.48% 201,500 $7.6M No change
PFE Pfizer Inc. 2.14% 271,900 $6.6M No change
BG Bunge Global SA 2.09% 80,000 $6.4M No change
NEM Newmont Corp. 1.89% 100,000 $5.8M No change
ADM Archer-Daniels-Midland Co. 1.71% 100,000 $5.3M No change
DAR Darling Ingredients Inc. 1.61% 131,000 $5.0M Reduce -7.1%
UHAL U-Haul Holding Co. 1.45% 73,900 $4.5M No change
VICR Vicor Corp. 1.33% 90,000 $4.1M Add +28.6%
RLI Rli Corp. 0.96% 40,800 $2.9M No change
CC The Chemours Co. 0.93% 250,000 $2.9M Add +25.0%
SUPN Supernus Pharmaceuticals Inc. 0.84% 82,105 $2.6M No change
LYB Lyondellbasell Indu Class A 0.75% 40,000 $2.3M New
PSNL Personalis Inc. 0.54% 253,000 $1.7M No change
LLY Eli Lilly & Co. 0.51% 2,000 $1.6M No change
VG Venture Global Inc. Class A 0.51% 100,000 $1.6M No change
SIRI Sirius XM Holdings Inc. 0.42% 55,784 $1.3M No change
KOD Kodiak Sciences Inc. 0.39% 323,000 $1.2M No change
VALEANT PHARMACEUTICALS INTL filed as Bausch Health 0.37% 171,000 $1.1M No change
FOCL Edap TMS SA -ADR 0.29% 553,652 $908K No change
ASH Ashland LLC 0.24% 15,000 $754K No change
MNKD Mannkind Corp. 0.24% 195,073 $730K No change
LVTX Lava Therapeutics NV 0.22% 521,874 $689K No change
VTRS Viatris Inc. 0.17% 58,279 $520K No change
MASS 908 Devices Inc. 0.16% 68,286 $487K No change
FATE Fate Therapeutics Inc. 0.16% 429,188 $481K Reduce -22.0%
WEC WEC Energy Group Inc. 0.13% 3,945 $411K No change
CRBU Caribou Biosciences Inc. 0.10% 250,000 $315K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $659K (not counted above)
SecurityClassShares / PrincipalValueChange
ACCELERATE DIAGNOSTICS (AXDX 5 12/15/26) NOTE 5.000%12/1 · principal 3,292,574$659KNo change

Total filed on the 13F, all lines: $308.5M.

Portfolio Sells Q1 2025 → Q2 2025
CMS CMS Energy Corp. Reduce -13.3% 4.41% −1.06
MRK Merck & Co Inc Reduce -4.9% 4.96% −0.90
OGN Organon & Co. Sold out 0.00% −0.15
IGMS Igm Biosciences Inc. Sold out 0.00% −0.04
FATE Fate Therapeutics Inc. Reduce -22.0% 0.16% +0.02
DAR Darling Ingredients Inc. Reduce -7.1% 1.61% +0.20

Portfolio Buys Q1 2025 → Q2 2025
LYB Lyondellbasell Indu Class A New 0.75% +0.75
VICR Vicor Corp. Add +28.6% 1.33% +0.27
CC The Chemours Co. Add +25.0% 0.93% +0.06

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