Grace & White Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), Grace & White Inc. reported 133 stock positions worth $538.6 million. Its top holding was Unum (UNM) at 7.5% of the portfolio, followed by Applied Industrial Tech (AIT, 6.4%) and Signet Jewelers (SIG, 3.7%). Compared with Q1 2025, it opened 3 new positions, sold out of 1, added to 27 and reduced 18. The biggest buy was Signet Jewelers (SIG, shares +1%) and the biggest sale Watsco (WSO, shares −0%).

Most Recent 13F
Q2 2026
Location
NY, NY
CIK
0000903064
Portfolio Value
$538.6M (Q2 2025)
SEC Filing
0000903064-25-000008 ↗ filed Jul 24, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $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 $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 133 stocks · $538.6M
UNM Unum Group 7.47% 498,256 $40.2M Reduce -0.2%
AIT Applied Industrial Tech Inc. 6.35% 147,241 $34.2M Reduce -0.1%
SIG Signet Jewelers Ltd. 3.69% 249,712 $19.9M Add +0.6%
INGR Ingredion Inc. 3.67% 145,601 $19.7M Add +0.4%
TRMLF Tourmaline Oil Corp. 3.64% 406,343 $19.6M No change
WSO Watsco Inc. 3.20% 39,080 $17.3M Reduce -0.1%
NUE Nucor Corp. 3.02% 125,739 $16.3M Add +1.2%
EG Everest Group Ltd. 2.98% 47,232 $16.1M No change
ALG Alamo Group Inc. 2.74% 67,502 $14.7M No change
MFC Manulife Financial Corp. 2.57% 433,805 $13.9M Add +0.9%
FSLR First Solar Inc. 2.52% 81,875 $13.6M Add +3.3%
GRC Gorman-Rupp Co. 2.38% 349,291 $12.8M Add +0.5%
BF.B Brown-Forman Corp. Class B 2.18% 436,698 $11.8M No change
BHF Brighthouse Financial Inc. 1.94% 194,675 $10.5M Reduce -0.1%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 1.89% 589,371 $10.2M Add +1.3%
WST West Pharmaceutical Services 1.86% 45,730 $10.0M Add +10.7%
ORN Orion Group Holdings Inc. 1.70% 1,007,797 $9.1M Add +1.5%
WSM Williams-Sonoma Inc. 1.69% 55,580 $9.1M Add +1.9%
AEG Aegon Ltd.-NY Reg SHR 1.68% 1,247,742 $9.0M Reduce -16.5%
KIM Kimco Realty Corp. 1.50% 384,862 $8.1M Add +9.6%
SCL Stepan Co. 1.45% 143,363 $7.8M Add +6.2%
AIFIF Asia Financial Hldgs Ltd. 1.32% 13,778,166 $7.1M Reduce -0.1%
HLMMF Holmen AB-B Shares 1.20% 162,892 $6.4M No change
NTR Nutrien Ltd. 1.18% 109,200 $6.4M No change
INN Summit Hotel Properties Inc. 1.17% 1,237,348 $6.3M Add +3.9%
SWGNF Swatch Group AG/the-Reg 1.16% 185,250 $6.2M No change
ALRS Alerus Financial Corp. 1.03% 256,233 $5.5M No change
UPS United Parcel Service Class B 1.01% 53,690 $5.4M No change
AMWD American Woodmark Corp. 1.00% 101,395 $5.4M Reduce -1.2%
KE Kimball Electronics Inc. 0.98% 275,604 $5.3M Add +1.8%
BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 0.93% 199,010 $5.0M No change
GEOS Geospace Technologies Corp. 0.87% 330,321 $4.7M Add +9.6%
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 0.86% 577,144 $4.6M Reduce -0.7%
DNIFF Danieli & Co. 0.84% 114,863 $4.5M No change
GRUPO ROTOPLAS SAB DE CV 0.79% 5,716,557 $4.3M Reduce -1.0%
FTEK Fuel Tech Inc. 0.76% 1,634,526 $4.1M Reduce -13.9%
MUR Murphy Oil Corp. 0.75% 180,602 $4.1M Add +1.2%
TWI Titan International Inc. 0.75% 391,228 $4.0M No change
NWN Northwest Natural Holding Co. 0.74% 100,609 $4.0M Add +1.2%
MSFT Microsoft Corp. 0.74% 7,975 $4.0M No change
CSWC Capital Southwest Corp. 0.71% 174,597 $3.8M Reduce -1.1%
BWEN Broadwind Inc. 0.71% 2,125,587 $3.8M No change
CTRA Coterra Energy Inc. 0.71% 150,032 $3.8M No change
APOG Apogee Enterprises Inc. 0.71% 93,656 $3.8M Add +20.6%
LNT Alliant Energy Corp. 0.68% 60,401 $3.7M Reduce -2.1%
RSHPF Irish Residential Properties 0.63% 2,835,750 $3.4M No change
BF.A Brown-Forman Corp. Class A 0.62% 122,173 $3.4M No change
WPRT Westport Fuel Systems Inc. 0.61% 1,043,980 $3.3M No change
PEP Pepsico Inc. 0.61% 24,740 $3.3M No change
SNT Senstar Technologies Corp. 0.60% 683,616 $3.2M Reduce -8.5%
DVN Devon Energy Corp. 0.59% 100,236 $3.2M No change
LND Brasilagro-Cia Bra - SPN ADR 0.58% 817,057 $3.1M No change
CIMEF Cimc Enric Holdings Ltd. 0.54% 3,474,500 $2.9M Add +12.1%
EXCOF Exco Technologies Ltd. 0.51% 540,350 $2.7M Add +3.8%
UCTT Ultra Clean Holdings Inc. 0.48% 114,450 $2.6M Add +95.0%
TWIN Twin Disc Inc. 0.47% 284,529 $2.5M Add +5.7%
AAPL Apple Inc. 0.46% 12,179 $2.5M No change
GNLAF Genesis Land Development Co. 0.46% 1,056,506 $2.5M Add +1.9%
MSADF Ms&ad Insurance Group Holdin 0.45% 108,511 $2.4M No change
AKRBF Aker BP ASA 0.44% 92,136 $2.4M Reduce -4.8%
GHM Graham Corp. 0.43% 47,299 $2.3M No change
HP Helmerich & Payne 0.39% 139,742 $2.1M Add +23.3%
WMT Walmart Inc. 0.38% 21,000 $2.1M No change
NVO Novo-Nordisk A/S-Spons ADR 0.37% 29,000 $2.0M No change
CSW CSW Industrials Inc. 0.35% 6,603 $1.9M No change
RYZ Ryerson Holding Corp. 0.35% 86,367 $1.9M No change
BGOUF Bang & Olufsen A/S 0.34% 873,736 $1.9M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.34% 24,869 $1.8M No change
GOOGL Alphabet Inc. Class A 0.34% 10,350 $1.8M No change
OESX Orion Energy Systems Inc. 0.32% 2,884,085 $1.7M Add +3.6%
PTEN Patterson-Uti Energy Inc. 0.31% 279,768 $1.7M No change
ALOT Astronova Inc. 0.31% 142,809 $1.7M No change
AUB Atlantic Union Bankshares Co. 0.30% 52,326 $1.6M New
HNI Hni Corp. 0.30% 32,350 $1.6M Reduce -3.2%
REG Regency Centers Corp. 0.28% 21,519 $1.5M No change
VWDRY Vestas Wind Systems-Unsp ADR 0.26% 283,750 $1.4M No change
BYFC Broadway Financial Corp. 0.25% 188,310 $1.4M Reduce -4.4%
VABK Virginia National Bankshares 0.24% 34,279 $1.3M No change
DWSN Dawson Geophysical Co. 0.23% 866,422 $1.3M Reduce -12.5%
FFXDF Fairfax India Ho-Sub VTG SHS 0.21% 59,560 $1.1M No change
WIW Western Asst Infl-LNK Opp 0.20% 124,620 $1.1M No change
RUFFER INV 0.20% 273,800 $1.1M No change
KEWL Keweenaw Land Association LT 0.19% 33,448 $1.0M No change
CBUPF Chubu-Nippon Broadcasting Co. 0.19% 210,572 $1.0M Reduce -13.1%
SUZ Suzano SA - Spon ADR 0.14% 81,974 $771K No change
XOM Exxon Mobil Corp. 0.13% 6,482 $699K No change
FXAIX Fidelity 500 Index Fund 0.13% 3,169 $685K No change
ZBH Zimmer Biomet Holdings Inc. 0.13% 7,500 $684K No change
STEW SRH Total Return Fund Inc. 0.12% 36,560 $646K No change
BRK.B Berkshire Hathaway Inc. Class B 0.12% 1,300 $632K No change
MPB Mid Penn Bancorp Inc. 0.11% 21,103 $595K No change
MCD McDonald's Corp. 0.11% 2,000 $584K No change
MRK Merck & Co. Inc. 0.11% 7,267 $575K No change
VWSYF Vestas Wind Systems A/S 0.10% 37,500 $562K No change
AMZN Amazon.com Inc. 0.10% 2,520 $553K No change
RYAM Rayonier Advanced Materials 0.10% 142,365 $548K No change
CUSUX Six Circles US Unconstr Eq 0.09% 26,887 $500K No change
CHRD Chord Energy Corp. 0.09% 4,948 $479K No change
CULP Culp Inc. 0.09% 120,918 $475K No change
AEGON NV SHS 0.08% 62,265 $450K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.08% 3,500 $434K No change
CHINA MOBILE LTD 0.08% 37,500 $416K No change
COST Costco Wholesale Corp. 0.07% 400 $396K No change
XWIAX Western Asset Infl-Link Sec 0.07% 46,694 $392K No change
IIIN Insteel Industries Inc. 0.07% 10,500 $391K New
KRNY Kearny Financial Corp. 0.07% 58,317 $377K No change
CSCO Cisco Systems Inc. 0.07% 5,140 $357K No change
THG Hanover Insurance Group Inc./ 0.06% 1,775 $302K No change
TKOMY Tokio Marine Holdings-ADR 0.06% 7,010 $297K No change
BMY Bristol-Myers Squibb Co. 0.05% 6,293 $291K No change
BRRE Blue Ridge Real Estate Co. 0.05% 38,376 $284K No change
ES Eversource Energy 0.05% 4,418 $281K No change
SWKH SWK Holdings Corp. filed as SWK HLDGS CORP 0.05% 18,721 $276K No change
NORTH ATLANTIC SMALLER INV. TR 0.05% 50,500 $273K Add +900.0%
CIBEY Commercial Intl Bank-ADR 0.05% 151,112 $257K No change
COP Conocophillips 0.05% 2,730 $245K No change
EGFIX Edgewood Growth Fund-Inst 0.05% 5,138 $243K No change
CIUEX Six Circles Intl Uncon Eq 0.04% 17,403 $227K No change
CBTAX Six Circles Tax Aware BND 0.04% 22,979 $220K No change
JZCLF JZ Capital Partners Ltd. 0.04% 77,736 $215K No change
NSGRX Northern Small Cap Core-I 0.04% 8,354 $207K New
FXNC First National Corp. 0.04% 10,478 $204K No change
SPINNOVA OYJ 0.03% 324,710 $183K No change
VWIUX Vanguard I/T Tax Exmpt-Adm 0.03% 11,910 $160K No change
XBNYX BlackRock New York Muni Inc. 0.03% 16,500 $160K No change
RBKB Rhinebeck Bancorp Inc. 0.03% 12,664 $149K No change
FFXXF Helios Fairfax Partners Corp. 0.01% 34,300 $74K No change
HAIN Hain Celestial Group Inc. 0.01% 38,000 $58K Add +35.7%
TBLA Taboola.com Ltd. 0.01% 13,348 $49K No change
LUB Luby's Inc. filed as LUBYS CAFETERIAS INC COM 0.01% 106,401 $47K 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
Other holdings (4): bonds, preferreds, convertibles and warrants · $7.7M (not counted above)
SecurityClassShares / PrincipalValueChange
PHOENIX COMPANIES INC (PNX 7.45 01/15/32) PREFERRED STOCKS 262,432$4.8MNo change
SUMMIT HOTEL PROPERTIES (INN 6.25 PERP E) PREFERRED STOCKS 97,540$1.7MAdd +11.2%
CHS INC (CHSINC V6.75 PERP 3) PFD 24,229$577KNo change
SUMMIT HOTEL PROPERTIES (INN 5.875 PERP F) PREFERRED STOCKS 32,389$575KNo change

Total filed on the 13F, all lines: $546.3M.

Portfolio Sells Q1 2025 → Q2 2025
WSO Watsco Inc. Reduce -0.1% 3.20% −0.65
UNM Unum Group Reduce -0.2% 7.47% −0.41
SASR Sandy Spring Bancorp Inc. Sold out 0.00% −0.31
BHF Brighthouse Financial Inc. Reduce -0.1% 1.94% −0.24
AEG Aegon Ltd.-NY Reg SHR Reduce -16.5% 1.68% −0.23
AMWD American Woodmark Corp. Reduce -1.2% 1.00% −0.16
LNT Alliant Energy Corp. Reduce -2.1% 0.68% −0.09
AIT Applied Industrial Tech Inc. Reduce -0.1% 6.35% −0.08
CSWC Capital Southwest Corp. Reduce -1.1% 0.71% −0.05
BYFC Broadway Financial Corp. Reduce -4.4% 0.25% −0.02
CBUPF Chubu-Nippon Broadcasting Co. Reduce -13.1% 0.19% −0.02
AIFIF Asia Financial Hldgs Ltd. Reduce -0.1% 1.32% −0.02
AKRBF Aker BP ASA Reduce -4.8% 0.44% −0.01
DWSN Dawson Geophysical Co. Reduce -12.5% 0.23% −0.00
HNI Hni Corp. Reduce -3.2% 0.30% +0.01
SNT Senstar Technologies Corp. Reduce -8.5% 0.60% +0.10
CALY Callaway Golf Company Reduce -0.7% 0.86% +0.12
GRUPO ROTOPLAS SAB DE CV Reduce -1.0% 0.79% +0.13
FTEK Fuel Tech Inc. Reduce -13.9% 0.76% +0.38

Portfolio Buys Q1 2025 → Q2 2025
SIG Signet Jewelers Ltd. Add +0.6% 3.69% +0.90
ORN Orion Group Holdings Inc. Add +1.5% 1.70% +0.69
FSLR First Solar Inc. Add +3.3% 2.52% +0.58
GEOS Geospace Technologies Corp. Add +9.6% 0.87% +0.45
AUB Atlantic Union Bankshares Co. New 0.30% +0.30
UCTT Ultra Clean Holdings Inc. Add +95.0% 0.48% +0.24
NUE Nucor Corp. Add +1.2% 3.02% +0.13
KE Kimball Electronics Inc. Add +1.8% 0.98% +0.12
EXCOF Exco Technologies Ltd. Add +3.8% 0.51% +0.10
IIIN Insteel Industries Inc. New 0.07% +0.07
TWIN Twin Disc Inc. Add +5.7% 0.47% +0.07
WST West Pharmaceutical Services Add +10.7% 1.86% +0.07
KIM Kimco Realty Corp. Add +9.6% 1.50% +0.06
NSGRX Northern Small Cap Core-I New 0.04% +0.04
CIMEF Cimc Enric Holdings Ltd. Add +12.1% 0.54% +0.03
GRC Gorman-Rupp Co. Add +0.5% 2.38% +0.02
GNLAF Genesis Land Development Co. Add +1.9% 0.46% +0.02
WSM Williams-Sonoma Inc. Add +1.9% 1.69% +0.02
SCL Stepan Co. Add +6.2% 1.45% +0.01
APOG Apogee Enterprises Inc. Add +20.6% 0.71% +0.01
NORTH ATLANTIC SMALLER INV. TR Add +900.0% 0.05% +0.01
HAIN Hain Celestial Group Inc. Add +35.7% 0.01% −0.01
MFC Manulife Financial Corp. Add +0.9% 2.57% −0.02
OESX Orion Energy Systems Inc. Add +3.6% 0.32% −0.07
INN Summit Hotel Properties Inc. Add +3.9% 1.17% −0.08
NWN Northwest Natural Holding Co. Add +1.2% 0.74% −0.08
INGR Ingredion Inc. Add +0.4% 3.67% −0.13
HP Helmerich & Payne Add +23.3% 0.39% −0.18
MUR Murphy Oil Corp. Add +1.2% 0.75% −0.23
CTO Cto Realty Growth Inc. Add +1.3% 1.89% −0.29

Notes & Other Activity Q1 2025 → Q2 2025
SUMMIT HOTEL PROPERTIES (INN 6.25 PERP E) PREFERRED STOCKS Add +11.2% 97,540 $1.7M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

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