GRACE & WHITE INC /NY

Fundamental diversified ★Signal CIK 903064
League rank
#309
in Fundamental diversified · #1410 overall
Long book
$566.2M
Q1 2026
Positions
136
Top-10 weight
38%
concentration
Last quarter
+15.4%
SPY +14.8%
Turnover
2%
of book per quarter

Strategy in plain words

auto-generated from filings

GRACE & WHITE INC /NY is a diversified fundamental manager, running a $566.2M US long book across 136 positions.

The portfolio is moderately concentrated (top 10 ≈ 38% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLIED INDUSTRIAL TECH INC, UNUM GROUP, NUCOR CORP, SIGNET JEWELERS LTD, GORMAN-RUPP CO.

Over the last 9 quarters its long book ran on average 1.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.1%
Q2 2024
+4.7%
Q3 2024
-2.9%
Q4 2024
-4.2%
Q1 2025
+4.1%
Q2 2025
+5.7%
Q3 2025
+2.4%
Q4 2025
+3.2%
Q1 2026
+15.4%

Sector allocation

Financials
21%
Other
20%
Industrials
19%
Consumer discretionary
17%
Technology
8%
Consumer staples
7%
Energy
4%
Healthcare
3%

Long book by quarter

$555.1M
Q1 2024
$532.5M
Q2 2024
$553.7M
Q3 2024
$534.6M
Q4 2024
$523.8M
Q1 2025
$546.3M
Q2 2025
$566.7M
Q3 2025
$560.9M
Q4 2025
$566.2M
Q1 2026

What does GRACE & own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AIT APPLIED INDUSTRIAL TECH INCConsumer discretionary141.2K$37.5M6.6%-0.4%
UNM UNUM GROUPFinancials488.2K$35.7M6.3%Held
NUE NUCOR CORPIndustrials121.4K$20.5M3.6%-1.6%
SIG SIGNET JEWELERS LTDConsumer discretionary241.1K$20.4M3.6%-0.3%
GRC GORMAN-RUPP COIndustrials321.6K$20.0M3.5%-3.8%
TRMLF TOURMALINE OIL CORP397.4K$19.0M3.4%Held
INGR INGREDION INCConsumer staples150.5K$17.0M3.0%-0.1%
EG EVEREST GROUP LTDFinancials48.0K$15.7M2.8%Held
WSO WATSCO INCConsumer discretionary42.2K$15.4M2.7%Held
MFC MANULIFE FINANCIAL CORPFinancials410.0K$14.1M2.5%-0.5%
FSLR FIRST SOLAR INCTechnology69.5K$13.7M2.4%-0.5%
BF/B BROWN-FORMAN CORP-CLASS BConsumer staples442.1K$11.7M2.1%+9.2%
BHF BRIGHTHOUSE FINANCIAL INCFinancials187.6K$11.2M2.0%Held
ALG ALAMO GROUP INCIndustrials66.5K$11.0M1.9%Held
WST WEST PHARMACEUTICAL SERVICESHealthcare43.5K$10.9M1.9%Held
WSM WILLIAMS-SONOMA INCConsumer discretionary55.4K$10.1M1.8%Held
ORN ORION GROUP HOLDINGS INCIndustrials893.8K$9.7M1.7%-4.5%
AEG AEGON LTD-NY REG SHRFinancials1.1M$8.0M1.4%-0.4%
SWGNF SWATCH GROUP AG/THE-REG181.8K$7.9M1.4%Held
662 ASIA FINANCIAL HLDGS LTD13.5M$7.8M1.4%Held
DAN DANIELI & COIndustrials114.9K$7.8M1.4%Held
SCL STEPAN COOther139.0K$6.9M1.2%+7.7%
UCTT ULTRA CLEAN HOLDINGS INCTechnology110.0K$6.8M1.2%-3.9%
NTR NUTRIEN LTDOther88.1K$6.6M1.2%-15.8%
HOLMB HOLMEN AB-B SHARES181.0K$6.4M1.1%+2.8%
KE KIMBALL ELECTRONICS INCTechnology266.2K$6.3M1.1%Held
GEOS GEOSPACE TECHNOLOGIES CORPOther473.2K$5.8M1.0%+53.7%
MUR MURPHY OIL CORPEnergy138.1K$5.7M1.0%-0.8%
BBT BEACON FINANCIAL CORPFinancials186.3K$5.6M1.0%Held
ALRS ALERUS FINANCIAL CORPFinancials228.1K$5.4M1.0%-11.0%
UPS UNITED PARCEL SERVICE-CL BIndustrials54.5K$5.4M0.9%+1.5%
AHQ AMERICAN WOODMARK CORP129.7K$5.2M0.9%+40.2%
CTRA COTERRA ENERGY INC144.5K$5.1M0.9%Held
CALY CALLAWAY GOLF COMPANYOther365.8K$5.1M0.9%-16.1%
NWN NORTHWEST NATURAL HOLDING COUtilities90.1K$4.8M0.8%-1.9%
APOG APOGEE ENTERPRISES INCIndustrials128.6K$4.3M0.8%+14.3%
DVN DEVON ENERGY CORPEnergy84.8K$4.3M0.8%-8.2%
BWEN BROADWIND INCIndustrials2.0M$4.2M0.7%-1.6%
3899 CIMC ENRIC HOLDINGS LTD3.2M$4.1M0.7%-5.3%
HP HELMERICH & PAYNEEnergy101.7K$3.7M0.6%-14.6%
CSWC CAPITAL SOUTHWEST CORP164.7K$3.6M0.6%Held
TWIN TWIN DISC INCIndustrials236.1K$3.6M0.6%Held
AKRBP AKER BP ASA92.1K$3.4M0.6%Held
BF/A BROWN-FORMAN CORP-CLASS AConsumer staples110.4K$3.0M0.5%Held
MSFT MICROSOFT CORPTechnology8.0K$3.0M0.5%Held
GOOGL ALPHABET INC-CL ATechnology10.2K$2.9M0.5%-1.2%
AAPL APPLE INCTechnology11.5K$2.9M0.5%+3.2%
EXCOF EXCO TECHNOLOGIES LTD517.9K$2.8M0.5%Held
PEP PEPSICO INCConsumer staples17.5K$2.7M0.5%-9.8%
DWSN DAWSON GEOPHYSICAL COEnergy779.1K$2.7M0.5%-14.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 21, 2026136$566.2M canonicalSEC ↗
Q4 202513F-HRJan 26, 2026137$560.9M canonicalSEC ↗
Q3 202513F-HROct 23, 2025139$566.7M canonicalSEC ↗
Q2 202513F-HRJul 24, 2025137$546.3M canonicalSEC ↗
Q1 202513F-HRApr 22, 2025135$523.8M canonicalSEC ↗
Q4 202413F-HRJan 29, 2025137$534.6M canonicalSEC ↗
Q3 202413F-HROct 21, 2024132$553.7M canonicalSEC ↗
Q2 202413F-HRJul 22, 2024136$532.5M canonicalSEC ↗
Q1 202413F-HRApr 25, 2024135$555.1M canonicalSEC ↗