Grace & White Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Grace & White Inc. reported 133 stock positions worth $553.2 million. Its top holding was Unum (UNM) at 6.8% of the portfolio, followed by Applied Industrial Tech (AIT, 6.6%) and Nucor (NUE, 3.6%). Compared with Q3 2025, it sold out of 2, added to 12 and reduced 62. The biggest buy was American Woodmark (AMWD, shares +40%) and the biggest sale Signet Jewelers (SIG, shares −2%).

Most Recent 13F
Q2 2026
Location
NY, NY
CIK
0000903064
Portfolio Value
$553.2M (Q4 2025)
SEC Filing
0000903064-26-000001 ↗ filed Jan 26, 2026

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 Q2 2025 Q3 2025: $558.2M Q3 2025 Q4 2025: $553.2M $553.2M Q4 2025 Q1 2026: $558.3M Q1 2026 Q2 2026: $623.9M Q2 2026

Holdings 133 stocks · $553.2M
UNM Unum Group 6.84% 488,230 $37.8M Reduce -1.1%
AIT Applied Industrial Tech Inc. 6.58% 141,653 $36.4M Reduce -1.9%
NUE Nucor Corp. 3.64% 123,352 $20.1M Reduce -1.7%
SIG Signet Jewelers Ltd. 3.62% 241,795 $20.0M Reduce -1.5%
FSLR First Solar Inc. 3.30% 69,888 $18.3M Reduce -14.0%
TRMLF Tourmaline Oil Corp. 3.22% 397,443 $17.8M Reduce -1.9%
INGR Ingredion Inc. 3.00% 150,747 $16.6M Add +2.4%
EG Everest Group Ltd. 2.94% 47,998 $16.3M Add +1.6%
GRC Gorman-Rupp Co. 2.89% 334,457 $16.0M Reduce -1.5%
MFC Manulife Financial Corp. 2.70% 412,003 $14.9M Reduce -3.9%
WSO Watsco Inc. 2.57% 42,200 $14.2M Add +8.3%
BHF Brighthouse Financial Inc. 2.20% 187,642 $12.2M Reduce -3.2%
WST West Pharmaceutical Services 2.17% 43,530 $12.0M Reduce -4.8%
ALG Alamo Group Inc. 2.02% 66,485 $11.2M Reduce -1.0%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 1.97% 591,848 $10.9M Reduce -3.9%
BF.B Brown-Forman Corp. Class B 1.91% 404,948 $10.6M Reduce -7.1%
WSM Williams-Sonoma Inc. 1.79% 55,430 $9.9M No change
ORN Orion Group Holdings Inc. 1.68% 936,152 $9.3M Reduce -6.2%
AEG Aegon Ltd.-NY Reg SHR 1.55% 1,111,297 $8.6M Reduce -3.6%
KIM Kimco Realty Corp. 1.51% 410,728 $8.3M Add +3.3%
AIFIF Asia Financial Hldgs Ltd. 1.50% 13,493,666 $8.3M Reduce -1.6%
SWGNF Swatch Group AG/the-Reg 1.43% 181,750 $7.9M Reduce -1.6%
KE Kimball Electronics Inc. 1.34% 266,222 $7.4M No change
DNIFF Danieli & Co. 1.24% 114,863 $6.8M No change
HLMMF Holmen AB-B Shares 1.23% 175,966 $6.8M Add +3.1%
NTR Nutrien Ltd. 1.17% 104,600 $6.5M Reduce -3.7%
SCL Stepan Co. 1.11% 129,113 $6.1M Reduce -9.0%
INN Summit Hotel Properties Inc. 1.07% 1,218,048 $5.9M Reduce -0.9%
ALRS Alerus Financial Corp. 1.04% 256,233 $5.8M No change
BWEN Broadwind Inc. 1.04% 2,030,554 $5.7M Reduce -4.3%
UPS United Parcel Service Class B 0.96% 53,690 $5.3M No change
GEOS Geospace Technologies Corp. 0.94% 307,795 $5.2M Reduce -2.1%
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 0.92% 435,893 $5.1M Reduce -16.7%
AMWD American Woodmark Corp. 0.90% 92,532 $5.0M Add +39.7%
BBT Beacon Financial Corp. 0.89% 186,349 $4.9M Reduce -4.3%
MUR Murphy Oil Corp. 0.79% 139,202 $4.4M Reduce -3.1%
NWN Northwest Natural Holding Co. 0.78% 91,764 $4.3M Reduce -7.0%
CIMEF Cimc Enric Holdings Ltd. 0.75% 3,406,500 $4.1M Reduce -1.2%
APOG Apogee Enterprises Inc. 0.74% 112,472 $4.1M Add +21.2%
TWIN Twin Disc Inc. 0.71% 236,122 $3.9M Reduce -14.1%
MSFT Microsoft Corp. 0.70% 7,975 $3.9M No change
CTRA Coterra Energy Inc. 0.69% 144,511 $3.8M Reduce -1.1%
CSWC Capital Southwest Corp. 0.66% 164,697 $3.6M Reduce -1.9%
GRUPO ROTOPLAS SAB DE CV 0.63% 5,290,447 $3.5M Reduce -6.4%
HP Helmerich & Payne 0.62% 119,125 $3.4M Reduce -9.9%
OESX Orion Energy Systems Inc. 0.61% 220,987 $3.4M Reduce -25.0%
DVN Devon Energy Corp. 0.61% 92,436 $3.4M Reduce -1.3%
GOOGL Alphabet Inc. Class A 0.59% 10,350 $3.2M No change
SNT Senstar Technologies Corp. 0.56% 644,665 $3.1M Reduce -3.2%
AAPL Apple Inc. 0.55% 11,179 $3.0M Reduce -8.2%
RSHPF Irish Residential Properties 0.55% 2,752,750 $3.0M Reduce -2.9%
TWI Titan International Inc. 0.55% 385,728 $3.0M No change
BF.A Brown-Forman Corp. Class A 0.52% 110,355 $2.9M Reduce -8.6%
UCTT Ultra Clean Holdings Inc. 0.52% 114,450 $2.9M No change
PEP Pepsico Inc. 0.50% 19,432 $2.8M Reduce -17.3%
LND Brasilagro-Cia Bra - SPN ADR 0.49% 754,723 $2.7M Reduce -6.1%
EXCOF Exco Technologies Ltd. 0.47% 517,850 $2.6M Reduce -4.2%
MSADF Ms&ad Insurance Group Holdin 0.46% 108,511 $2.6M No change
VWDRY Vestas Wind Systems-Unsp ADR 0.46% 283,750 $2.5M No change
GNLAF Genesis Land Development Co. 0.46% 1,051,073 $2.5M No change
LNT Alliant Energy Corp. 0.44% 37,262 $2.4M Reduce -28.7%
AKRBF Aker BP ASA 0.43% 92,136 $2.4M No change
FTEK Fuel Tech Inc. 0.42% 1,485,883 $2.3M Reduce -0.4%
WMT Walmart Inc. 0.41% 20,250 $2.3M Reduce -3.6%
RYZ Ryerson Holding Corp. 0.35% 76,567 $1.9M Reduce -8.8%
AVA Avista Corp. 0.34% 48,900 $1.9M Reduce -2.4%
AUB Atlantic Union Bankshares Co. 0.33% 52,325 $1.8M Reduce 0.0%
WPRT Westport Fuel Systems Inc. 0.33% 1,160,087 $1.8M Add +11.0%
CSW CSW Industrials Inc. 0.32% 6,080 $1.8M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.32% 24,869 $1.7M No change
BGOUF Bang & Olufsen A/S 0.30% 767,698 $1.6M Reduce -5.0%
REG Regency Centers Corp. 0.27% 21,519 $1.5M No change
NVO Novo-Nordisk A/S-Spons ADR 0.27% 29,000 $1.5M No change
GHM Graham Corp. 0.27% 22,839 $1.5M Reduce -25.0%
DWSN Dawson Geophysical Co. 0.26% 906,546 $1.4M Reduce -0.4%
VABK Virginia National Bankshares 0.25% 34,279 $1.4M No change
HNI Hni Corp. 0.24% 31,855 $1.3M Reduce 0.0%
BYFC Broadway Financial Corp. 0.24% 180,803 $1.3M Reduce -4.0%
PTEN Patterson-Uti Energy Inc. 0.23% 205,400 $1.3M Reduce -26.6%
ALOT Astronova Inc. 0.22% 142,109 $1.2M No change
CBUPF Chubu-Nippon Broadcasting Co. 0.21% 193,922 $1.2M Reduce -5.7%
RUFFER INV 0.20% 273,800 $1.1M No change
KEWL Keweenaw Land Association LT 0.19% 32,499 $1.1M Reduce -0.8%
FFXDF Fairfax India Ho-Sub VTG SHS 0.17% 52,860 $914K No change
CHRD Chord Energy Corp. 0.16% 9,448 $876K Add +91.0%
MPB Mid Penn Bancorp Inc. 0.15% 27,324 $848K Add +5.3%
WIW Western Asst Infl-LNK Opp 0.15% 97,961 $841K Reduce -19.9%
RYAM Rayonier Advanced Materials 0.15% 142,365 $839K No change
XOM Exxon Mobil Corp. 0.14% 6,482 $780K No change
MRK Merck & Co. Inc. 0.14% 7,267 $765K No change
FXAIX Fidelity 500 Index Fund 0.14% 3,169 $753K No change
SUZ Suzano SA - Spon ADR 0.13% 79,774 $745K No change
STEW SRH Total Return Fund Inc. 0.12% 36,560 $678K No change
ZBH Zimmer Biomet Holdings Inc. 0.12% 7,500 $674K No change
BRK.B Berkshire Hathaway Inc. Class B 0.12% 1,300 $653K No change
CUSUX Six Circles US Unconstr Eq 0.09% 26,887 $512K No change
AEGON NV SHS 0.09% 62,265 $485K No change
AMZN Amazon.com Inc. 0.09% 2,063 $476K Reduce -18.1%
MCD McDonald's Corp. 0.08% 1,500 $458K Reduce -25.0%
CULP Culp Inc. 0.08% 120,918 $430K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 3,500 $398K No change
CSCO Cisco Systems Inc. 0.07% 5,140 $396K No change
CHINA MOBILE LTD 0.07% 37,500 $394K No change
CIBEY Commercial Intl Bank-ADR 0.06% 166,223 $359K Add +10.0%
COST Costco Wholesale Corp. 0.06% 400 $345K No change
XWIAX Western Asset Infl-Link Sec 0.06% 41,110 $340K Reduce -12.0%
BMY Bristol-Myers Squibb Co. 0.06% 6,293 $339K No change
GOOG Alphabet Inc. Class C 0.06% 1,060 $333K No change
THG Hanover Insurance Group Inc./ 0.06% 1,775 $324K No change
SWKH SWK Holdings Corp. filed as SWK HLDGS CORP 0.06% 18,721 $322K No change
BRRE Blue Ridge Real Estate Co. 0.05% 38,976 $300K No change
FXNC First National Corp. 0.05% 10,478 $264K No change
TKOMY Tokio Marine Holdings-ADR 0.05% 7,009 $260K No change
COP Conocophillips 0.05% 2,730 $256K No change
CIUEX Six Circles Intl Uncon Eq 0.04% 17,403 $241K No change
IIIN Insteel Industries Inc. 0.04% 7,500 $238K No change
CBTAX Six Circles Tax Aware BND 0.04% 22,979 $225K No change
NSGRX Northern Small Cap Core-I 0.04% 8,354 $202K No change
JZCLF JZ Capital Partners Ltd. 0.04% 77,736 $198K No change
NORTH ATLANTIC SMALLER INV. TR 0.04% 40,700 $195K No change
KRNY Kearny Financial Corp. 0.03% 23,938 $177K Reduce -59.0%
XBNYX BlackRock New York Muni Inc. 0.03% 16,500 $167K No change
VWIUX Vanguard I/T Tax Exmpt-Adm 0.03% 11,910 $164K No change
RBKB Rhinebeck Bancorp Inc. 0.03% 12,664 $152K No change
FFXXF Helios Fairfax Partners Corp. 0.01% 54,300 $80K Add +58.3%
TBLA Taboola.com Ltd. 0.01% 13,348 $62K No change
SPINNOVA OYJ 0.01% 107,105 $58K Reduce -64.2%
HAIN Hain Celestial Group Inc. 0.01% 30,500 $33K Reduce -19.7%
LUB Luby's Inc. filed as LUBYS CAFETERIAS INC COM 0.00% 106,401 $20K No change
TUEMQ Tuesday Morning Corp. 0.00% 16,188 $2 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
VWSYF Vestas Wind Systems A/S 0.00% 37,500 $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 94,340$1.7MReduce -1.6%
CHS INC (CHSINC V6.75 PERP 3) PFD 24,229$599KNo change
SUMMIT HOTEL PROPERTIES (INN 5.875 PERP F) PREFERRED STOCKS 32,389$586KNo change

Total filed on the 13F, all lines: $560.9M.

Portfolio Sells Q3 2025 → Q4 2025
SIG Signet Jewelers Ltd. Reduce -1.5% 3.62% −0.60
FTEK Fuel Tech Inc. Reduce -0.4% 0.42% −0.38
ALG Alamo Group Inc. Reduce -1.0% 2.02% −0.28
BF.B Brown-Forman Corp. Class B Reduce -7.1% 1.91% −0.21
LNT Alliant Energy Corp. Reduce -28.7% 0.44% −0.19
AIT Applied Industrial Tech Inc. Reduce -1.9% 6.58% −0.17
INN Summit Hotel Properties Inc. Reduce -0.9% 1.07% −0.14
GEOS Geospace Technologies Corp. Reduce -2.1% 0.94% −0.13
GRUPO ROTOPLAS SAB DE CV Reduce -6.4% 0.63% −0.12
SCL Stepan Co. Reduce -9.0% 1.11% −0.11
AEG Aegon Ltd.-NY Reg SHR Reduce -3.6% 1.55% −0.10
PEP Pepsico Inc. Reduce -17.3% 0.50% −0.09
LND Brasilagro-Cia Bra - SPN ADR Reduce -6.1% 0.49% −0.07
BF.A Brown-Forman Corp. Class A Reduce -8.6% 0.52% −0.06
ES Eversource Energy Sold out 0.00% −0.06
EGFIX Edgewood Growth Fund-Inst Sold out 0.00% −0.04
WIW Western Asst Infl-LNK Opp Reduce -19.9% 0.15% −0.04
UNM Unum Group Reduce -1.1% 6.84% −0.04
RSHPF Irish Residential Properties Reduce -2.9% 0.55% −0.04
KRNY Kearny Financial Corp. Reduce -59.0% 0.03% −0.04
GHM Graham Corp. Reduce -25.0% 0.27% −0.03
PTEN Patterson-Uti Energy Inc. Reduce -26.6% 0.23% −0.03
SNT Senstar Technologies Corp. Reduce -3.2% 0.56% −0.03
KEWL Keweenaw Land Association LT Reduce -0.8% 0.19% −0.03
DWSN Dawson Geophysical Co. Reduce -0.4% 0.26% −0.03
SPINNOVA OYJ Reduce -64.2% 0.01% −0.03
MCD McDonald's Corp. Reduce -25.0% 0.08% −0.03
HNI Hni Corp. Reduce 0.0% 0.24% −0.03
NWN Northwest Natural Holding Co. Reduce -7.0% 0.78% −0.02
AMZN Amazon.com Inc. Reduce -18.1% 0.09% −0.01
XWIAX Western Asset Infl-Link Sec Reduce -12.0% 0.06% −0.01
AAPL Apple Inc. Reduce -8.2% 0.55% −0.01
HAIN Hain Celestial Group Inc. Reduce -19.7% 0.01% −0.00
BYFC Broadway Financial Corp. Reduce -4.0% 0.24% +0.00
AVA Avista Corp. Reduce -2.4% 0.34% +0.00
CSWC Capital Southwest Corp. Reduce -1.9% 0.66% +0.00
EXCOF Exco Technologies Ltd. Reduce -4.2% 0.47% +0.00
AUB Atlantic Union Bankshares Co. Reduce 0.0% 0.33% +0.00
CBUPF Chubu-Nippon Broadcasting Co. Reduce -5.7% 0.21% +0.00
RYZ Ryerson Holding Corp. Reduce -8.8% 0.35% +0.00
BGOUF Bang & Olufsen A/S Reduce -5.0% 0.30% +0.00
WST West Pharmaceutical Services Reduce -4.8% 2.17% +0.02
WMT Walmart Inc. Reduce -3.6% 0.41% +0.02
DVN Devon Energy Corp. Reduce -1.3% 0.61% +0.02
NTR Nutrien Ltd. Reduce -3.7% 1.17% +0.02
TWIN Twin Disc Inc. Reduce -14.1% 0.71% +0.03
CALY Callaway Golf Company Reduce -16.7% 0.92% +0.03
MUR Murphy Oil Corp. Reduce -3.1% 0.79% +0.06
BBT Beacon Financial Corp. Reduce -4.3% 0.89% +0.06
GRC Gorman-Rupp Co. Reduce -1.5% 2.89% +0.06

Portfolio Buys Q3 2025 → Q4 2025
AMWD American Woodmark Corp. Add +39.7% 0.90% +0.11
CHRD Chord Energy Corp. Add +91.0% 0.16% +0.07
HLMMF Holmen AB-B Shares Add +3.1% 1.23% +0.06
MPB Mid Penn Bancorp Inc. Add +5.3% 0.15% +0.02
APOG Apogee Enterprises Inc. Add +21.2% 0.74% +0.02
CIBEY Commercial Intl Bank-ADR Add +10.0% 0.06% +0.01
FFXXF Helios Fairfax Partners Corp. Add +58.3% 0.01% +0.00
EG Everest Group Ltd. Add +1.6% 2.94% −0.02
KIM Kimco Realty Corp. Add +3.3% 1.51% −0.05
WPRT Westport Fuel Systems Inc. Add +11.0% 0.33% −0.10
INGR Ingredion Inc. Add +2.4% 3.00% −0.22
WSO Watsco Inc. Add +8.3% 2.57% −0.25

Notes & Other Activity Q3 2025 → Q4 2025
SUMMIT HOTEL PROPERTIES (INN 6.25 PERP E) PREFERRED STOCKS Reduce -1.6% 94,340 $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