Grace & White Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 21, 2026), Grace & White Inc. reported 132 stock positions worth $558.3 million. Its top holding was Applied Industrial Tech (AIT) at 6.7% of the portfolio, followed by Unum (UNM, 6.4%) and Nucor (NUE, 3.7%). Compared with Q4 2025, it opened 1 new position, sold out of 2, added to 17 and reduced 39. The biggest buy was Brown-Forman Class B (BF.B, shares +9%) and the biggest sale First Solar (FSLR, shares −1%).

Most Recent 13F
Q2 2026
Location
NY, NY
CIK
0000903064
Portfolio Value
$558.3M (Q1 2026)
SEC Filing
0000903064-26-000006 ↗ filed Apr 21, 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 Q4 2025 Q1 2026: $558.3M $558.3M Q1 2026 Q2 2026: $623.9M Q2 2026

Holdings 132 stocks · $558.3M
AIT Applied Industrial Tech Inc. 6.71% 141,153 $37.5M Reduce -0.3%
UNM Unum Group 6.39% 488,230 $35.7M No change
NUE Nucor Corp. 3.68% 121,352 $20.5M Reduce -1.6%
SIG Signet Jewelers Ltd. 3.65% 241,095 $20.4M Reduce -0.3%
GRC Gorman-Rupp Co. 3.58% 321,626 $20.0M Reduce -3.8%
TRMLF Tourmaline Oil Corp. 3.40% 397,443 $19.0M No change
INGR Ingredion Inc. 3.04% 150,547 $17.0M Reduce -0.1%
EG Everest Group Ltd. 2.81% 47,998 $15.7M No change
WSO Watsco Inc. 2.75% 42,200 $15.4M No change
MFC Manulife Financial Corp. 2.53% 410,003 $14.1M Reduce -0.5%
FSLR First Solar Inc. 2.46% 69,523 $13.7M Reduce -0.5%
BF.B Brown-Forman Corp. Class B 2.09% 442,148 $11.7M Add +9.2%
BHF Brighthouse Financial Inc. 2.01% 187,642 $11.2M No change
ALG Alamo Group Inc. 1.96% 66,485 $11.0M No change
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 1.96% 591,125 $10.9M Reduce -0.1%
WST West Pharmaceutical Services 1.95% 43,530 $10.9M No change
WSM Williams-Sonoma Inc. 1.81% 55,430 $10.1M No change
ORN Orion Group Holdings Inc. 1.74% 893,822 $9.7M Reduce -4.5%
KIM Kimco Realty Corp. 1.65% 408,878 $9.2M Reduce -0.5%
AEG Aegon Ltd.-NY Reg SHR 1.44% 1,107,297 $8.0M Reduce -0.4%
SWGNF Swatch Group AG/the-Reg 1.41% 181,750 $7.9M No change
AIFIF Asia Financial Hldgs Ltd. 1.40% 13,493,666 $7.8M No change
DNIFF Danieli & Co. 1.39% 114,863 $7.8M No change
SCL Stepan Co. 1.24% 139,013 $6.9M Add +7.7%
UCTT Ultra Clean Holdings Inc. 1.22% 109,950 $6.8M Reduce -3.9%
NTR Nutrien Ltd. 1.19% 88,100 $6.6M Reduce -15.8%
HLMMF Holmen AB-B Shares 1.15% 180,966 $6.4M Add +2.8%
KE Kimball Electronics Inc. 1.13% 266,222 $6.3M No change
GEOS Geospace Technologies Corp. 1.03% 473,201 $5.8M Add +53.7%
MUR Murphy Oil Corp. 1.02% 138,102 $5.7M Reduce -0.8%
BBT Beacon Financial Corp. 1.00% 186,349 $5.6M No change
INN Summit Hotel Properties Inc. 0.98% 1,235,325 $5.5M Add +1.4%
ALRS Alerus Financial Corp. 0.97% 228,108 $5.4M Reduce -11.0%
UPS United Parcel Service Class B 0.96% 54,490 $5.4M Add +1.5%
AMWD American Woodmark Corp. 0.93% 129,732 $5.2M Add +40.2%
CTRA Coterra Energy Inc. 0.91% 144,511 $5.1M No change
CALY Callaway Golf Company 0.91% 365,789 $5.1M Reduce -16.1%
NWN Northwest Natural Holding Co. 0.86% 90,064 $4.8M Reduce -1.9%
APOG Apogee Enterprises Inc. 0.77% 128,572 $4.3M Add +14.3%
DVN Devon Energy Corp. 0.76% 84,836 $4.3M Reduce -8.2%
BWEN Broadwind Inc. 0.74% 1,997,495 $4.2M Reduce -1.6%
CIMEF Cimc Enric Holdings Ltd. 0.74% 3,225,000 $4.1M Reduce -5.3%
GRUPO ROTOPLAS SAB DE CV 0.68% 5,729,736 $3.8M Add +8.3%
HP Helmerich & Payne 0.66% 101,725 $3.7M Reduce -14.6%
CSWC Capital Southwest Corp. 0.65% 164,697 $3.6M No change
TWIN Twin Disc Inc. 0.64% 236,122 $3.6M No change
AKRBF Aker BP ASA 0.61% 92,136 $3.4M No change
RSHPF Irish Residential Properties 0.58% 2,752,750 $3.2M No change
LND Brasilagro-Cia Bra - SPN ADR 0.57% 754,723 $3.2M No change
BF.A Brown-Forman Corp. Class A 0.53% 110,355 $3.0M No change
MSFT Microsoft Corp. 0.53% 7,975 $3.0M No change
GOOGL Alphabet Inc. Class A 0.53% 10,225 $2.9M Reduce -1.2%
AAPL Apple Inc. 0.52% 11,536 $2.9M Add +3.2%
VWDRY Vestas Wind Systems-Unsp ADR 0.51% 283,750 $2.8M No change
EXCOF Exco Technologies Ltd. 0.51% 517,850 $2.8M No change
PEP Pepsico Inc. 0.49% 17,524 $2.7M Reduce -9.8%
DWSN Dawson Geophysical Co. 0.48% 779,143 $2.7M Reduce -14.1%
TWI Titan International Inc. 0.47% 375,728 $2.6M Reduce -2.6%
LNT Alliant Energy Corp. 0.45% 35,098 $2.5M Reduce -5.8%
GNLAF Genesis Land Development Co. 0.44% 1,051,073 $2.5M No change
MSADF Ms&ad Insurance Group Holdin 0.40% 88,511 $2.2M Reduce -18.4%
OESX Orion Energy Systems Inc. 0.38% 241,387 $2.1M Add +9.2%
SNT Senstar Technologies Corp. 0.35% 644,665 $2.0M No change
AVA Avista Corp. 0.35% 48,400 $1.9M Reduce -1.0%
FTEK Fuel Tech Inc. 0.34% 1,541,307 $1.9M Add +3.7%
AUB Atlantic Union Bankshares Co. 0.33% 52,325 $1.9M No change
WPRT Westport Fuel Systems Inc. 0.33% 1,006,708 $1.8M Reduce -13.2%
RYZ Ryerson Holding Corp. 0.31% 76,567 $1.7M No change
WMT Walmart Inc. 0.30% 13,500 $1.7M Reduce -33.3%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.30% 24,869 $1.6M No change
KEWL Keweenaw Land Association LT 0.29% 32,499 $1.6M No change
CSW CSW Industrials Inc. 0.28% 6,080 $1.6M No change
REG Regency Centers Corp. 0.25% 18,679 $1.4M Reduce -13.2%
CHRD Chord Energy Corp. 0.24% 9,448 $1.3M No change
VABK Virginia National Bankshares 0.23% 34,279 $1.3M No change
ALOT Astronova Inc. 0.23% 142,109 $1.3M No change
HNI Hni Corp. 0.23% 38,855 $1.3M Add +22.0%
BYFC Broadway Financial Corp. 0.23% 177,085 $1.3M Reduce -2.1%
CBUPF Chubu-Nippon Broadcasting Co. 0.21% 162,422 $1.2M Reduce -16.2%
RYAM Rayonier Advanced Materials 0.20% 100,915 $1.1M Reduce -29.1%
RUFFER INV 0.20% 273,800 $1.1M No change
VWSYF Vestas Wind Systems A/S 0.20% 37,500 $1.1M No change
XOM Exxon Mobil Corp. 0.20% 6,482 $1.1M No change
NVO Novo-Nordisk A/S-Spons ADR 0.19% 29,000 $1.1M No change
BGOUF Bang & Olufsen A/S 0.18% 767,698 $1.0M No change
MPB Mid Penn Bancorp Inc. 0.16% 27,324 $879K No change
MRK Merck & Co. Inc. 0.16% 7,267 $874K No change
FFXDF Fairfax India Ho-Sub VTG SHS 0.15% 52,860 $848K No change
WIW Western Asst Infl-LNK Opp 0.15% 97,961 $829K No change
SUZ Suzano SA - Spon ADR 0.14% 79,774 $799K No change
FXAIX Fidelity 500 Index Fund 0.13% 3,169 $721K No change
ZBH Zimmer Biomet Holdings Inc. 0.12% 7,500 $678K No change
STEW SRH Total Return Fund Inc. 0.11% 36,560 $625K No change
BRK.B Berkshire Hathaway Inc. Class B 0.11% 1,300 $623K No change
NORTH ATLANTIC SMALLER INV. TR 0.11% 140,700 $623K Add +245.7%
GHM Graham Corp. 0.10% 7,300 $576K Reduce -68.0%
CUSUX Six Circles US Unconstr Eq 0.09% 26,887 $476K No change
AEGON NV SHS 0.08% 62,265 $448K No change
GOOG Alphabet Inc. Class C 0.08% 1,560 $448K Add +47.2%
AMZN Amazon.com Inc. 0.08% 2,063 $430K No change

Show all 132 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $7.9M (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 117,003$2.0MAdd +24.0%
CHS INC (CHSINC V6.75 PERP 3) PFD 24,229$587KNo change
SUMMIT HOTEL PROPERTIES (INN 5.875 PERP F) PREFERRED STOCKS 32,389$560KNo change

Total filed on the 13F, all lines: $566.2M.

Portfolio Sells Q4 2025 → Q1 2026
FSLR First Solar Inc. Reduce -0.5% 2.46% −0.84
BWEN Broadwind Inc. Reduce -1.6% 0.74% −0.29
PTEN Patterson-Uti Energy Inc. Reduce -87.6% 0.05% −0.18
MFC Manulife Financial Corp. Reduce -0.5% 2.53% −0.17
GHM Graham Corp. Reduce -68.0% 0.10% −0.16
AEG Aegon Ltd.-NY Reg SHR Reduce -0.4% 1.44% −0.11
WMT Walmart Inc. Reduce -33.3% 0.30% −0.11
MCD McDonald's Corp. Sold out 0.00% −0.08
TWI Titan International Inc. Reduce -2.6% 0.47% −0.08
ALRS Alerus Financial Corp. Reduce -11.0% 0.97% −0.07
MSADF Ms&ad Insurance Group Holdin Reduce -18.4% 0.40% −0.06
GOOGL Alphabet Inc. Class A Reduce -1.2% 0.53% −0.06
RBKB Rhinebeck Bancorp Inc. Sold out 0.00% −0.03
PEP Pepsico Inc. Reduce -9.8% 0.49% −0.02
REG Regency Centers Corp. Reduce -13.2% 0.25% −0.02
CTO Cto Realty Growth Inc. Reduce -0.1% 1.96% −0.01
KRNY Kearny Financial Corp. Reduce -37.2% 0.02% −0.01
BYFC Broadway Financial Corp. Reduce -2.1% 0.23% −0.01
CALY Callaway Golf Company Reduce -16.1% 0.91% −0.01
TKOMY Tokio Marine Holdings-ADR Reduce -32.8% 0.04% −0.01
CIMEF Cimc Enric Holdings Ltd. Reduce -5.3% 0.74% −0.01
HAIN Hain Celestial Group Inc. Reduce -34.4% 0.00% −0.00
WPRT Westport Fuel Systems Inc. Reduce -13.2% 0.33% −0.00
CBUPF Chubu-Nippon Broadcasting Co. Reduce -16.2% 0.21% +0.00
AVA Avista Corp. Reduce -1.0% 0.35% +0.01
LNT Alliant Energy Corp. Reduce -5.8% 0.45% +0.01
NTR Nutrien Ltd. Reduce -15.8% 1.19% +0.02
SIG Signet Jewelers Ltd. Reduce -0.3% 3.65% +0.03
INGR Ingredion Inc. Reduce -0.1% 3.04% +0.03
NUE Nucor Corp. Reduce -1.6% 3.68% +0.04
HP Helmerich & Payne Reduce -14.6% 0.66% +0.04
RYAM Rayonier Advanced Materials Reduce -29.1% 0.20% +0.05
ORN Orion Group Holdings Inc. Reduce -4.5% 1.74% +0.06
NWN Northwest Natural Holding Co. Reduce -1.9% 0.86% +0.08
AIT Applied Industrial Tech Inc. Reduce -0.3% 6.71% +0.13
KIM Kimco Realty Corp. Reduce -0.5% 1.65% +0.14
DVN Devon Energy Corp. Reduce -8.2% 0.76% +0.15
DWSN Dawson Geophysical Co. Reduce -14.1% 0.48% +0.23
MUR Murphy Oil Corp. Reduce -0.8% 1.02% +0.23
GRC Gorman-Rupp Co. Reduce -3.8% 3.58% +0.69
UCTT Ultra Clean Holdings Inc. Reduce -3.9% 1.22% +0.70

Portfolio Buys Q4 2025 → Q1 2026
BF.B Brown-Forman Corp. Class B Add +9.2% 2.09% +0.19
SCL Stepan Co. Add +7.7% 1.24% +0.14
GEOS Geospace Technologies Corp. Add +53.7% 1.03% +0.09
NORTH ATLANTIC SMALLER INV. TR Add +245.7% 0.11% +0.08
ORYX INTERNATIONAL GROWTH FUND New 0.06% +0.06
GRUPO ROTOPLAS SAB DE CV Add +8.3% 0.68% +0.05
APOG Apogee Enterprises Inc. Add +14.3% 0.77% +0.03
AMWD American Woodmark Corp. Add +40.2% 0.93% +0.02
GOOG Alphabet Inc. Class C Add +47.2% 0.08% +0.02
XBNYX BlackRock New York Muni Inc. Add +2.1% 0.03% −0.00
UPS United Parcel Service Class B Add +1.5% 0.96% −0.00
CULP Culp Inc. Add +24.7% 0.07% −0.00
HNI Hni Corp. Add +22.0% 0.23% −0.01
AAPL Apple Inc. Add +3.2% 0.52% −0.03
HLMMF Holmen AB-B Shares Add +2.8% 1.15% −0.08
FTEK Fuel Tech Inc. Add +3.7% 0.34% −0.08
INN Summit Hotel Properties Inc. Add +1.4% 0.98% −0.09
OESX Orion Energy Systems Inc. Add +9.2% 0.38% −0.24

Notes & Other Activity Q4 2025 → Q1 2026
SUMMIT HOTEL PROPERTIES (INN 6.25 PERP E) PREFERRED STOCKS Add +24.0% 117,003 $2.0M

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