Grace & White Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 25, 2024), Grace & White Inc. reported 131 stock positions worth $548.6 million. Its top holding was Applied Industrial Tech (AIT) at 5.6% of the portfolio, followed by Unum (UNM, 4.9%) and Nucor (NUE, 3.9%). Compared with Q4 2023, it opened 1 new position, sold out of 7, added to 19 and reduced 29. The biggest buy was Nutrien (NTR, shares +63%) and the biggest sale an exit from Textainer (TGH).

Most Recent 13F
Q2 2026
Location
NY, NY
CIK
0000903064
Portfolio Value
$548.6M (Q1 2024)
SEC Filing
0000903064-24-000005 ↗ filed Apr 25, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $548.6M $548.6M Q1 2024 Q2 2024: $525.7M Q2 2024 Q3 2024: $546.8M Q3 2024 Q4 2024: $527.3M Q4 2024 Q1 2025: $516.4M Q1 2025 Q2 2025: $538.6M Q2 2025 Q3 2025: $558.2M Q3 2025 Q4 2025: $553.2M Q4 2025 Q1 2026: $558.3M Q1 2026 Q2 2026: $623.9M Q2 2026

Holdings 131 stocks · $548.6M
AIT Applied Industrial Tech Inc. 5.56% 154,516 $30.5M Reduce -3.0%
UNM Unum Group 4.92% 503,156 $27.0M Reduce -3.3%
NUE Nucor Corp. 3.90% 108,027 $21.4M No change
SIG Signet Jewelers Ltd. 3.57% 195,912 $19.6M Add +1.4%
TRMLF Tourmaline Oil Corp. 3.48% 408,243 $19.1M No change
BF.B Brown-Forman Corp. Class B 3.46% 367,798 $19.0M No change
EG Everest Group Ltd. 3.43% 47,282 $18.8M No change
WSO Watsco Inc. 3.36% 42,625 $18.4M No change
INGR Ingredion Inc. 3.17% 148,866 $17.4M Reduce -0.4%
WST West Pharmaceutical Services 3.12% 43,210 $17.1M Reduce -1.4%
ALG Alamo Group Inc. 2.85% 68,502 $15.6M No change
FSLR First Solar Inc. 2.69% 87,580 $14.8M Reduce -0.4%
GRC Gorman-Rupp Co. 2.49% 345,671 $13.7M Reduce -0.8%
SCL Stepan Co. 2.01% 122,647 $11.0M Reduce -0.2%
MFC Manulife Financial Corp. 2.00% 438,005 $10.9M Reduce -0.3%
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 1.96% 663,594 $10.7M No change
AMWD American Woodmark Corp. 1.92% 103,795 $10.6M No change
BHF Brighthouse Financial Inc. 1.88% 200,275 $10.3M No change
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 1.86% 601,439 $10.2M Add +11.7%
AEG Aegon Ltd.-NY Reg SHR 1.78% 1,615,329 $9.8M Reduce -1.9%
ORN Orion Group Holdings Inc. 1.72% 1,153,467 $9.5M Reduce -15.1%
WSM Williams-Sonoma Inc. 1.65% 28,515 $9.1M Reduce -29.1%
UPS United Parcel Service Class B 1.45% 53,690 $8.0M No change
KIM Kimco Realty Corp. 1.25% 348,478 $6.8M Add +1.9%
HLMMF Holmen AB-B Shares 1.23% 165,992 $6.8M No change
INN Summit Hotel Properties Inc. 1.20% 1,012,208 $6.6M Add +11.1%
GRUPO ROTOPLAS SAB DE CV 1.17% 3,517,369 $6.4M Reduce 0.0%
AIFIF Asia Financial Hldgs Ltd. 1.09% 13,806,666 $6.0M No change
MUR Murphy Oil Corp. 1.07% 128,752 $5.9M Add +3.1%
SWGNF Swatch Group AG/the-Reg 1.00% 119,656 $5.5M Add +64.9%
BF.A Brown-Forman Corp. Class A 0.93% 96,555 $5.1M No change
NTR Nutrien Ltd. 0.88% 88,400 $4.8M Add +62.5%
BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 0.83% 199,349 $4.6M No change
PEP Pepsico Inc. 0.82% 25,690 $4.5M Reduce -1.5%
CSWC Capital Southwest Corp. 0.80% 176,597 $4.4M No change
HMNF HMN Financial Inc. 0.79% 204,992 $4.3M No change
NVO Novo-Nordisk A/S-Spons ADR 0.77% 33,000 $4.2M No change
CTRA Coterra Energy Inc. 0.76% 150,032 $4.2M No change
KE Kimball Electronics Inc. 0.73% 185,377 $4.0M Add +30.0%
WPRT Westport Fuel Systems Inc. 0.73% 594,582 $4.0M Add +13.2%
MSFT Microsoft Corp. 0.70% 9,150 $3.8M No change
BWEN Broadwind Inc. 0.70% 1,606,590 $3.8M No change
NWN Northwest Natural Holding Co. 0.68% 99,559 $3.7M Add +12.8%
TWIN Twin Disc Inc. 0.64% 212,336 $3.5M Reduce -0.9%
LNT Alliant Energy Corp. 0.63% 68,350 $3.4M Add +3.6%
HP Helmerich & Payne 0.62% 80,636 $3.4M No change
DVN Devon Energy Corp. 0.61% 67,186 $3.4M Add +17.5%
REG Regency Centers Corp. 0.60% 54,131 $3.3M No change
VWDRY Vestas Wind Systems-Unsp ADR 0.57% 337,250 $3.1M No change
AAPL Apple Inc. 0.55% 17,589 $3.0M Reduce -9.5%
TWI Titan International Inc. 0.54% 239,328 $3.0M No change
GHM Graham Corp. 0.54% 108,229 $3.0M Reduce -32.3%
LND Brasilagro-Cia Bra - SPN ADR 0.53% 588,569 $2.9M No change
ERF Enerplus Corp. 0.51% 142,384 $2.8M Reduce -2.1%
MSADF Ms&ad Insurance Group Holdin 0.48% 148,161 $2.7M Add +172.4%
RSHPF Irish Residential Properties 0.47% 2,307,681 $2.6M No change
ALOT Astronova Inc. 0.46% 142,809 $2.5M No change
APOG Apogee Enterprises Inc. 0.45% 42,000 $2.5M No change
EXCOF Exco Technologies Ltd. 0.45% 448,550 $2.5M No change
HNI Hni Corp. 0.44% 53,514 $2.4M No change
OESX Orion Energy Systems Inc. 0.42% 2,648,944 $2.3M Add +0.7%
FTEK Fuel Tech Inc. 0.41% 1,859,922 $2.3M No change
GNLAF Genesis Land Development Co. 0.38% 1,036,506 $2.1M No change
SASR Sandy Spring Bancorp Inc. 0.35% 81,845 $1.9M Reduce -1.1%
CIMEF Cimc Enric Holdings Ltd. 0.32% 1,710,500 $1.7M Add +47.6%
WIW Western Asst Infl-LNK Opp 0.30% 191,521 $1.7M Add +4.4%
GOOGL Alphabet Inc. Class A 0.29% 10,450 $1.6M No change
CSW CSW Industrials Inc. 0.28% 6,603 $1.5M No change
WMT Walmart Inc. 0.28% 25,350 $1.5M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.27% 16,580 $1.5M No change
DWSN Dawson Geophysical Co. 0.26% 994,495 $1.4M Add +0.2%
CBUPF Chubu-Nippon Broadcasting Co. 0.24% 268,372 $1.3M Reduce -28.3%
MCD McDonald's Corp. 0.23% 4,500 $1.3M Reduce -14.3%
SNT Senstar Technologies Corp. 0.22% 990,962 $1.2M Reduce -6.3%
BGOUF Bang & Olufsen A/S 0.22% 896,386 $1.2M No change
SUZ Suzano SA - Spon ADR 0.20% 85,474 $1.1M No change
BYFC Broadway Financial Corp. 0.20% 197,060 $1.1M No change
VABK Virginia National Bankshares 0.19% 34,279 $1.0M No change
ZBH Zimmer Biomet Holdings Inc. 0.18% 7,500 $990K No change
MRK Merck & Co. Inc. 0.17% 7,267 $959K Reduce -64.1%
FFXDF Fairfax India Ho-Sub VTG SHS 0.16% 59,560 $889K No change
GEOS Geospace Technologies Corp. 0.14% 59,370 $783K No change
KEWL Keweenaw Land Association LT 0.14% 33,948 $783K No change
XOM Exxon Mobil Corp. 0.14% 6,457 $751K Reduce -75.7%
RYAM Rayonier Advanced Materials 0.13% 147,365 $704K No change
CULP Culp Inc. 0.13% 146,162 $702K No change
KRNY Kearny Financial Corp. 0.12% 104,526 $673K No change
SPINNOVA OYJ 0.11% 318,254 $598K No change
STEW SRH Total Return Fund Inc. 0.10% 36,560 $551K No change
FEIM Frequency Electronics Inc. 0.09% 46,044 $501K No change
TKOMY Tokio Marine Holdings-ADR 0.09% 15,510 $484K Reduce -85.4%
AMZN Amazon.com Inc. 0.08% 2,520 $455K No change
BMY Bristol-Myers Squibb Co. 0.08% 8,073 $438K No change
PTEN Patterson-Uti Energy Inc. 0.08% 36,400 $435K Add +28.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.08% 3,500 $428K Reduce -29.3%
MPB Mid Penn Bancorp Inc. 0.08% 21,103 $422K No change
BRK.B Berkshire Hathaway Inc. Class B 0.08% 1,000 $421K No change
THG Hanover Insurance Group Inc./ 0.07% 2,775 $378K No change
DNIFF Danieli & Co. 0.07% 10,500 $373K No change
JZCLF JZ Capital Partners Ltd. 0.06% 141,112 $355K No change

Show all 131 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $6.5M (not counted above)
SecurityClassShares / PrincipalValueChange
PHOENIX COMPANIES INC (PNX 7.45 01/15/32) PREFERRED STOCKS 262,432$4.5MNo change
SUMMIT HOTEL PROPERTIES (INN 6.25 PERP E) PREFERRED STOCKS 40,831$840KNo change
CHS INC (CHSINC V6.75 PERP 3) PFD 24,229$609KNo change
SUMMIT HOTEL PROPERTIES (INN 5.875 PERP F) PREFERRED STOCKS 29,889$585KNo change

Total filed on the 13F, all lines: $555.1M.

Portfolio Sells Q4 2023 → Q1 2024
TGH Textainer Group Holdings Ltd. Sold out 0.00% −2.28
BA The Boeing Co. Sold out 0.00% −1.42
JNJ Johnson & Johnson Sold out 0.00% −1.14
GD General Dynamics Corp. Sold out 0.00% −0.92
TKOMY Tokio Marine Holdings-ADR Reduce -85.4% 0.09% −0.38
XOM Exxon Mobil Corp. Reduce -75.7% 0.14% −0.34
SHEL Shell PLC-ADR Sold out 0.00% −0.29
MRK Merck & Co. Inc. Reduce -64.1% 0.17% −0.22
AAPL Apple Inc. Reduce -9.5% 0.55% −0.11
CBUPF Chubu-Nippon Broadcasting Co. Reduce -28.3% 0.24% −0.07
PFE Pfizer Inc. Sold out 0.00% −0.06
QCOM Qualcomm Inc. Sold out 0.00% −0.06
SASR Sandy Spring Bancorp Inc. Reduce -1.1% 0.35% −0.05
SCL Stepan Co. Reduce -0.2% 2.01% −0.05
MCD McDonald's Corp. Reduce -14.3% 0.23% −0.05
SNT Senstar Technologies Corp. Reduce -6.3% 0.22% −0.02
COST Costco Wholesale Corp. Reduce -25.0% 0.04% −0.01
WRK Westrock Co. Reduce -22.8% 0.06% −0.00
RBKB Rhinebeck Bancorp Inc. Reduce -13.6% 0.02% −0.00
DIS The Walt Disney Co. Reduce -29.3% 0.08% −0.00
GHM Graham Corp. Reduce -32.3% 0.54% −0.00
TUEMQ Tuesday Morning Corp. Reduce -10.4% 0.00% 0.00
FSLR First Solar Inc. Reduce -0.4% 2.69% +0.01
TWIN Twin Disc Inc. Reduce -0.9% 0.64% +0.02
PEP Pepsico Inc. Reduce -1.5% 0.82% +0.03
GRUPO ROTOPLAS SAB DE CV Reduce 0.0% 1.17% +0.06
AEG Aegon Ltd.-NY Reg SHR Reduce -1.9% 1.78% +0.10
ERF Enerplus Corp. Reduce -2.1% 0.51% +0.11
WSM Williams-Sonoma Inc. Reduce -29.1% 1.65% +0.21
MFC Manulife Financial Corp. Reduce -0.3% 2.00% +0.27
INGR Ingredion Inc. Reduce -0.4% 3.17% +0.29
GRC Gorman-Rupp Co. Reduce -0.8% 2.49% +0.29
WST West Pharmaceutical Services Reduce -1.4% 3.12% +0.38
ORN Orion Group Holdings Inc. Reduce -15.1% 1.72% +0.53
AIT Applied Industrial Tech Inc. Reduce -3.0% 5.56% +0.68
UNM Unum Group Reduce -3.3% 4.92% +0.74

Portfolio Buys Q4 2023 → Q1 2024
NTR Nutrien Ltd. Add +62.5% 0.88% +0.33
SWGNF Swatch Group AG/the-Reg Add +64.9% 1.00% +0.32
CTO Cto Realty Growth Inc. Add +11.7% 1.86% +0.20
DVN Devon Energy Corp. Add +17.5% 0.61% +0.15
CIMEF Cimc Enric Holdings Ltd. Add +47.6% 0.32% +0.13
MUR Murphy Oil Corp. Add +3.1% 1.07% +0.13
INN Summit Hotel Properties Inc. Add +11.1% 1.20% +0.11
WPRT Westport Fuel Systems Inc. Add +13.2% 0.73% +0.11
MSADF Ms&ad Insurance Group Holdin Add +172.4% 0.48% +0.10
NWN Northwest Natural Holding Co. Add +12.8% 0.68% +0.07
KE Kimball Electronics Inc. Add +30.0% 0.73% +0.05
DHR Danaher Corp. New 0.04% +0.04
LNT Alliant Energy Corp. Add +3.6% 0.63% +0.03
PTEN Patterson-Uti Energy Inc. Add +28.2% 0.08% +0.02
WIW Western Asst Infl-LNK Opp Add +4.4% 0.30% +0.02
OESX Orion Energy Systems Inc. Add +0.7% 0.42% +0.02
ES Eversource Energy Add +5.2% 0.05% +0.00
KIM Kimco Realty Corp. Add +1.9% 1.25% −0.05
DWSN Dawson Geophysical Co. Add +0.2% 0.26% −0.07
SIG Signet Jewelers Ltd. Add +1.4% 3.57% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 129$623.9MAIT, UNM, GRC, NUE, SIG
Q1 2026 132$558.3MAIT, UNM, NUE, SIG, GRC
Q4 2025 133$553.2MUNM, AIT, NUE, SIG, FSLR
Q3 2025 135$558.2MUNM, AIT, SIG, INGR, FSLR
Q2 2025 133$538.6MUNM, AIT, SIG, INGR, TRMLF
Q1 2025 131$516.4MUNM, AIT, WSO, TRMLF, INGR
Q4 2024 133$527.3MUNM, AIT, INGR, TRMLF, WSO
Q3 2024 128$546.8MAIT, UNM, BF.B, SIG, INGR
Q2 2024 132$525.7MAIT, UNM, WSO, TRMLF, BF.B
Q1 2024 131$548.6MAIT, UNM, NUE, SIG, TRMLF