Grace & White Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 22, 2024), Grace & White Inc. reported 132 stock positions worth $525.7 million. Its top holding was Applied Industrial Tech (AIT) at 5.7% of the portfolio, followed by Unum (UNM, 4.9%) and Watsco (WSO, 3.7%). Compared with Q1 2024, it opened 3 new positions, sold out of 2, added to 16 and reduced 29. The biggest buy was a new position in Chord Energy (CHRD) and the biggest sale Nucor (NUE, shares −1%).

Most Recent 13F
Q2 2026
Location
NY, NY
CIK
0000903064
Portfolio Value
$525.7M (Q2 2024)
SEC Filing
0000903064-24-000006 ↗ filed Jul 22, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $548.6M Q1 2024 Q2 2024: $525.7M $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 132 stocks · $525.7M
AIT Applied Industrial Tech Inc. 5.69% 154,316 $29.9M Reduce -0.1%
UNM Unum Group 4.89% 502,806 $25.7M Reduce -0.1%
WSO Watsco Inc. 3.75% 42,550 $19.7M Reduce -0.2%
TRMLF Tourmaline Oil Corp. 3.51% 407,243 $18.5M Reduce -0.2%
BF.B Brown-Forman Corp. Class B 3.48% 423,323 $18.3M Add +15.1%
EG Everest Group Ltd. 3.42% 47,232 $18.0M Reduce -0.1%
SIG Signet Jewelers Ltd. 3.34% 195,862 $17.5M Reduce -0.0%
INGR Ingredion Inc. 3.24% 148,491 $17.0M Reduce -0.3%
NUE Nucor Corp. 3.22% 107,227 $17.0M Reduce -0.7%
FSLR First Solar Inc. 3.11% 72,430 $16.3M Reduce -17.3%
WST West Pharmaceutical Services 2.71% 43,210 $14.2M No change
GRC Gorman-Rupp Co. 2.45% 350,704 $12.9M Add +1.5%
ALG Alamo Group Inc. 2.25% 68,502 $11.9M No change
MFC Manulife Financial Corp. 2.21% 436,005 $11.6M Reduce -0.5%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 2.01% 604,041 $10.5M Add +0.4%
SCL Stepan Co. 1.96% 122,647 $10.3M No change
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 1.93% 663,094 $10.1M Reduce -0.1%
ORN Orion Group Holdings Inc. 1.85% 1,020,232 $9.7M Reduce -11.6%
AEG Aegon Ltd.-NY Reg SHR 1.79% 1,534,005 $9.4M Reduce -5.0%
BHF Brighthouse Financial Inc. 1.65% 200,275 $8.7M No change
AMWD American Woodmark Corp. 1.55% 103,795 $8.2M No change
WSM Williams-Sonoma Inc. 1.53% 57,030 $8.1M Add +100.0%
UPS United Parcel Service Class B 1.40% 53,690 $7.3M No change
KIM Kimco Realty Corp. 1.29% 347,978 $6.8M Reduce -0.1%
INN Summit Hotel Properties Inc. 1.25% 1,098,933 $6.6M Add +8.6%
HLMMF Holmen AB-B Shares 1.24% 165,292 $6.5M Reduce -0.4%
AIFIF Asia Financial Hldgs Ltd. 1.23% 13,806,666 $6.5M No change
SWGNF Swatch Group AG/the-Reg 1.08% 139,556 $5.7M Add +16.6%
BWEN Broadwind Inc. 1.01% 1,616,590 $5.3M Add +0.6%
MUR Murphy Oil Corp. 1.00% 127,752 $5.3M Reduce -0.8%
GRUPO ROTOPLAS SAB DE CV 1.00% 3,517,372 $5.3M Add +0.0%
HMNF HMN Financial Inc. 0.89% 204,992 $4.7M No change
CSWC Capital Southwest Corp. 0.88% 176,597 $4.6M No change
BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 0.86% 199,010 $4.5M Reduce -0.2%
NTR Nutrien Ltd. 0.86% 88,400 $4.5M No change
BF.A Brown-Forman Corp. Class A 0.81% 96,555 $4.3M No change
PEP Pepsico Inc. 0.80% 25,390 $4.2M Reduce -1.2%
NVO Novo-Nordisk A/S-Spons ADR 0.79% 29,000 $4.1M Reduce -12.1%
MSFT Microsoft Corp. 0.78% 9,150 $4.1M No change
KE Kimball Electronics Inc. 0.78% 185,377 $4.1M No change
CTRA Coterra Energy Inc. 0.76% 150,032 $4.0M No change
AAPL Apple Inc. 0.70% 17,589 $3.7M No change
NWN Northwest Natural Holding Co. 0.69% 100,409 $3.6M Add +0.8%
WPRT Westport Fuel Systems Inc. 0.66% 625,322 $3.5M Add +5.2%
LNT Alliant Energy Corp. 0.66% 68,350 $3.5M No change
REG Regency Centers Corp. 0.64% 54,131 $3.4M No change
DVN Devon Energy Corp. 0.61% 67,186 $3.2M No change
TWI Titan International Inc. 0.57% 403,828 $3.0M Add +68.7%
OESX Orion Energy Systems Inc. 0.56% 2,661,955 $3.0M Add +0.5%
HP Helmerich & Payne 0.55% 80,486 $2.9M Reduce -0.2%
MSADF Ms&ad Insurance Group Holdin 0.52% 123,161 $2.7M Reduce -16.9%
LND Brasilagro-Cia Bra - SPN ADR 0.52% 588,569 $2.7M No change
EXCOF Exco Technologies Ltd. 0.50% 448,550 $2.6M No change
VWDRY Vestas Wind Systems-Unsp ADR 0.49% 337,250 $2.6M No change
TWIN Twin Disc Inc. 0.48% 214,136 $2.5M Add +0.8%
GNLAF Genesis Land Development Co. 0.47% 1,036,506 $2.5M No change
APOG Apogee Enterprises Inc. 0.47% 39,500 $2.5M Reduce -6.0%
HNI Hni Corp. 0.46% 53,514 $2.4M No change
CHRD Chord Energy Corp. 0.46% 14,347 $2.4M New
GHM Graham Corp. 0.44% 83,029 $2.3M Reduce -23.3%
RSHPF Irish Residential Properties 0.43% 2,307,681 $2.2M No change
ALOT Astronova Inc. 0.42% 142,809 $2.2M No change
SASR Sandy Spring Bancorp Inc. 0.38% 81,845 $2.0M No change
FTEK Fuel Tech Inc. 0.38% 1,859,922 $2.0M No change
DWSN Dawson Geophysical Co. 0.36% 979,390 $1.9M Reduce -1.5%
GOOGL Alphabet Inc. Class A 0.36% 10,450 $1.9M No change
CSW CSW Industrials Inc. 0.33% 6,603 $1.8M No change
SNT Senstar Technologies Corp. 0.33% 962,083 $1.7M Reduce -2.9%
CIMEF Cimc Enric Holdings Ltd. 0.33% 1,710,500 $1.7M No change
WMT Walmart Inc. 0.33% 25,350 $1.7M No change
GEOS Geospace Technologies Corp. 0.32% 187,344 $1.7M Add +215.6%
WIW Western Asst Infl-LNK Opp 0.31% 189,321 $1.6M Reduce -1.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.25% 24,870 $1.3M Add +50.0%
BGOUF Bang & Olufsen A/S 0.23% 896,386 $1.2M No change
MCD McDonald's Corp. 0.22% 4,500 $1.1M No change
VABK Virginia National Bankshares 0.21% 34,279 $1.1M No change
CBUPF Chubu-Nippon Broadcasting Co. 0.21% 256,172 $1.1M Reduce -4.5%
KEWL Keweenaw Land Association LT 0.19% 33,948 $1.0M No change
BYFC Broadway Financial Corp. 0.19% 197,060 $1.0M No change
MRK Merck & Co. Inc. 0.17% 7,267 $900K No change
SUZ Suzano SA - Spon ADR 0.17% 85,474 $878K No change
AKRBF Aker BP ASA 0.16% 33,600 $857K New
FFXDF Fairfax India Ho-Sub VTG SHS 0.16% 59,560 $855K No change
ZBH Zimmer Biomet Holdings Inc. 0.15% 7,500 $814K No change
RYAM Rayonier Advanced Materials 0.15% 147,365 $802K No change
XOM Exxon Mobil Corp. 0.14% 6,482 $746K Add +0.4%
CULP Culp Inc. 0.12% 146,162 $655K No change
KRNY Kearny Financial Corp. 0.12% 104,119 $640K Reduce -0.4%
SPINNOVA OYJ 0.10% 318,254 $546K No change
STEW SRH Total Return Fund Inc. 0.10% 36,560 $532K No change
AMZN Amazon.com Inc. 0.09% 2,520 $487K No change
MPB Mid Penn Bancorp Inc. 0.09% 21,103 $463K No change
FEIM Frequency Electronics Inc. 0.08% 46,044 $419K No change
BRK.B Berkshire Hathaway Inc. Class B 0.08% 1,000 $407K No change
DNIFF Danieli & Co. 0.08% 10,500 $401K No change
GOOG Alphabet Inc. Class C 0.08% 2,160 $396K No change
TKOMY Tokio Marine Holdings-ADR 0.07% 10,510 $392K Reduce -32.2%
AEGON NV SHS 0.07% 62,265 $385K No change
PTEN Patterson-Uti Energy Inc. 0.07% 36,400 $377K No change
CHINA MOBILE LTD 0.07% 37,500 $370K No change
JZCLF JZ Capital Partners Ltd. 0.07% 141,112 $359K No change
THG Hanover Insurance Group Inc./ 0.07% 2,775 $348K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 3,500 $348K No change
BMY Bristol-Myers Squibb Co. 0.06% 8,073 $335K No change
BRRE Blue Ridge Real Estate Co. 0.06% 38,376 $330K No change
CSCO Cisco Systems Inc. 0.06% 6,940 $330K No change
OCFC Oceanfirst Financial Corp. 0.06% 20,404 $324K No change
COP Conocophillips 0.06% 2,730 $312K No change
XWIAX Western Asset Infl-Link Sec 0.06% 38,589 $309K No change
SBUX Starbucks Corp. 0.06% 3,750 $292K No change
SWKH SWK Holdings Corp. filed as SWK HLDGS CORP 0.05% 16,850 $286K No change
FFNW First Financial Northwest 0.05% 12,412 $262K No change
COST Costco Wholesale Corp. 0.05% 300 $255K No change
V Visa Inc. Class A 0.05% 960 $252K No change
ES Eversource Energy 0.05% 4,418 $251K No change
CIBEY Commercial Intl Bank-ADR 0.05% 151,112 $244K No change
NSGRX Northern Small Cap Core-I 0.04% 8,354 $232K No change
DHR Danaher Corp. 0.04% 800 $200K No change
XBNYX BlackRock New York Muni Inc. 0.03% 16,500 $177K No change
SHORE CAPITAL GROUP 0.03% 88,056 $165K No change
FXNC First National Corp. 0.03% 10,478 $159K No change
BNMLX BlackRock NTL Muni-K 0.02% 10,178 $103K No change
RBKB Rhinebeck Bancorp Inc. 0.02% 12,664 $100K No change
FFXXF Helios Fairfax Partners Corp. 0.02% 34,300 $87K No change
HAIN Hain Celestial Group Inc. 0.02% 12,500 $86K No change
LUB Luby's Inc. filed as LUBYS CAFETERIAS INC COM 0.02% 106,401 $83K No change
TBLA Taboola.com Ltd. 0.01% 13,348 $46K No change
GSFVF Gasfrac Energy Services Inc. 0.00% 31,000 $0 No change
KIDBQ Kid Brands Inc. 0.00% 23,000 $0 No change
TUEMQ Tuesday Morning Corp. 0.00% 16,188 $0 No change
DUNEDIN ENT 0.00% 101,798 $0 New
VWSYF Vestas Wind Systems A/S 0.00% 37,500 $0 No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $6.7M (not counted above)
SecurityClassShares / PrincipalValueChange
PHOENIX COMPANIES INC (PNX 7.45 01/15/32) PREFERRED STOCKS 262,432$4.7MNo change
SUMMIT HOTEL PROPERTIES (INN 6.25 PERP E) PREFERRED STOCKS 40,831$875KNo change
CHS INC (CHSINC V6.75 PERP 3) PFD 24,229$608KNo change
SUMMIT HOTEL PROPERTIES (INN 5.875 PERP F) PREFERRED STOCKS 29,889$598KNo change

Total filed on the 13F, all lines: $532.5M.

Portfolio Sells Q1 2024 → Q2 2024
NUE Nucor Corp. Reduce -0.7% 3.22% −0.67
ERF Enerplus Corp. Sold out 0.00% −0.51
SIG Signet Jewelers Ltd. Reduce -0.0% 3.34% −0.24
GHM Graham Corp. Reduce -23.3% 0.44% −0.09
MUR Murphy Oil Corp. Reduce -0.8% 1.00% −0.07
HP Helmerich & Payne Reduce -0.2% 0.55% −0.07
WRK Westrock Co. Sold out 0.00% −0.06
UNM Unum Group Reduce -0.1% 4.89% −0.03
CALY Callaway Golf Company Reduce -0.1% 1.93% −0.03
CBUPF Chubu-Nippon Broadcasting Co. Reduce -4.5% 0.21% −0.02
PEP Pepsico Inc. Reduce -1.2% 0.80% −0.02
TKOMY Tokio Marine Holdings-ADR Reduce -32.2% 0.07% −0.01
EG Everest Group Ltd. Reduce -0.1% 3.42% −0.00
KRNY Kearny Financial Corp. Reduce -0.4% 0.12% −0.00
WIW Western Asst Infl-LNK Opp Reduce -1.1% 0.31% +0.01
HLMMF Holmen AB-B Shares Reduce -0.4% 1.24% +0.01
AEG Aegon Ltd.-NY Reg SHR Reduce -5.0% 1.79% +0.01
NVO Novo-Nordisk A/S-Spons ADR Reduce -12.1% 0.79% +0.01
APOG Apogee Enterprises Inc. Reduce -6.0% 0.47% +0.02
BBT Beacon Financial Corp. Reduce -0.2% 0.86% +0.03
TRMLF Tourmaline Oil Corp. Reduce -0.2% 3.51% +0.03
MSADF Ms&ad Insurance Group Holdin Reduce -16.9% 0.52% +0.04
KIM Kimco Realty Corp. Reduce -0.1% 1.29% +0.04
INGR Ingredion Inc. Reduce -0.3% 3.24% +0.07
SNT Senstar Technologies Corp. Reduce -2.9% 0.33% +0.11
DWSN Dawson Geophysical Co. Reduce -1.5% 0.36% +0.11
ORN Orion Group Holdings Inc. Reduce -11.6% 1.85% +0.12
AIT Applied Industrial Tech Inc. Reduce -0.1% 5.69% +0.13
MFC Manulife Financial Corp. Reduce -0.5% 2.21% +0.21
WSO Watsco Inc. Reduce -0.2% 3.75% +0.39
FSLR First Solar Inc. Reduce -17.3% 3.11% +0.41

Portfolio Buys Q1 2024 → Q2 2024
CHRD Chord Energy Corp. New 0.46% +0.46
BWEN Broadwind Inc. Add +0.6% 1.01% +0.31
GEOS Geospace Technologies Corp. Add +215.6% 0.32% +0.18
AKRBF Aker BP ASA New 0.16% +0.16
CTO Cto Realty Growth Inc. Add +0.4% 2.01% +0.15
OESX Orion Energy Systems Inc. Add +0.5% 0.56% +0.14
SWGNF Swatch Group AG/the-Reg Add +16.6% 1.08% +0.08
INN Summit Hotel Properties Inc. Add +8.6% 1.25% +0.05
TWI Titan International Inc. Add +68.7% 0.57% +0.03
BF.B Brown-Forman Corp. Class B Add +15.1% 3.48% +0.02
NWN Northwest Natural Holding Co. Add +0.8% 0.69% +0.01
XOM Exxon Mobil Corp. Add +0.4% 0.14% +0.01
DUNEDIN ENT New 0.00% 0.00
WRB WR Berkley Corp. Add +50.0% 0.25% −0.02
GRC Gorman-Rupp Co. Add +1.5% 2.45% −0.04
WPRT Westport Fuel Systems Inc. Add +5.2% 0.66% −0.07
WSM Williams-Sonoma Inc. Add +100.0% 1.53% −0.12
TWIN Twin Disc Inc. Add +0.8% 0.48% −0.16
GRUPO ROTOPLAS SAB DE CV Add +0.0% 1.00% −0.17

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