Bruce & Co., Inc.

CHICAGO, IL · CIK 1358331 · 13F filing filed 2023-02-15

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$387.9m reported value +6.6% vs Q3 2022

37positions

73.2%in top 10

4 new 1 added 11 reduced 1 sold out vs Q3 2022

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	660,530	$36.3m9.36%	9.36%	New
2	Merck & Co Inc COM COM		302,700	$33.6m8.66%	8.66%	Reduced -21.0k	-21,000 -6.5%
3	ABBVIE INC COM ABBV	ABBV	202,500	$32.7m8.44%	8.44%	Reduced -21.0k	-21,000 -9.4%
4	FPL GROUP INC COM COM		347,500	$29.1m7.49%	7.49%	Reduced -2.5k	-2,500 -0.7%
5	PFIZER INC COM PFE	PFE	542,700	$27.8m7.17%	7.17%	Unchanged
6	DUKE ENERGY CORP NEW COM NEW DUK	DUK	261,200	$26.9m6.93%	6.93%	Unchanged
7	CMS ENERGY CORP COM CMS	CMS	418,500	$26.5m6.83%	6.83%	Unchanged
8	XCEL ENERGY INC COM XEL	XEL	372,500	$26.1m6.73%	6.73%	Unchanged
9	ALLSTATE CORP COM ALL	ALL	178,300	$24.2m6.23%	6.23%	Reduced -51.0k	-51,000 -22.2%
10	AT&T INC COM T	T	1,132,000	$20.8m5.37%	5.37%	Added +60.0k	+60,000 5.6%
11	ABBOTT LABS COM ABT	ABT	167,600	$18.4m4.74%	4.74%	Unchanged
12	Paratek CV 4.75% · principal CV 4.75% · principal		16,600,000	$14.4m3.72%	3.72%	Unchanged
13	AVISTA CORP COM AVA	AVA	205,000	$9.1m2.34%	2.34%	Unchanged
14	APPLE INC COM AAPL	AAPL	64,500	$8.4m2.16%	2.16%	Reduced -1.5k	-1,500 -2.3%
15	INSTEEL INDS INC COM IIIN	IIIN	274,000	$7.5m1.94%	1.94%	Unchanged
16	EDAP TMS S A SPONSORED ADR FOCL	FOCL	565,652	$6.0m1.55%	1.55%	Unchanged
17	VALEANT PHARMACEUTICALS INTL COM COM		931,000	$5.8m1.51%	1.51%	Unchanged
18	U HAUL HOLDING COMPANY COM UHAL	UHAL	75,055	$4.5m1.16%	1.16%	Reduced -400	-400 -0.5%
19	SIRIUS XM HOLDINGS INC COM SIRI	SIRI	657,843	$3.8m0.99%	0.99%	Unchanged
20	Acorda Theraputics CV 6.0% · principal CV 6.0% · principal		5,000,000	$3.8m0.97%	0.97%	Unchanged
21	SUPERNUS PHARMACEUTICALS INC COM SUPN	SUPN	92,105	$3.3m0.85%	0.85%	Reduced -30.0k	-30,000 -24.6%
22	NEWMONT CORP COM NEM	NEM	65,000	$3.1m0.79%	0.79%	Unchanged
23	PARATEK PHARMACEUTICALS INC COM PRTK	PRTK	1,557,312	$2.9m0.75%	0.75%	Unchanged
24	ACCELERATE DIAGNOSTICS INC NOTE 2.500% 3/1 · principal AXDX 2.5 03.15.23 · principal	AXDX 2.5 03.15.23	3,000,000	$2.8m0.71%	0.71%	Unchanged
25	AMRYT PHARMA PLC SPONSORED ADS SPONSORED ADS		315,182	$2.3m0.59%	0.59%	Unchanged
26	ASHLAND INC COM COM		15,000	$1.6m0.42%	0.42%	Reduced -10.0k	-10,000 -40.0%
27	MANNKIND CORP COM NEW MNKD	MNKD	195,073	$1.0m0.27%	0.27%	Unchanged
28	IGM BIOSCIENCES INC COM IGMS	IGMS	55,000	$935.5k0.24%	0.24%	Unchanged
29	ORGANON & CO COMMON STOCK OGN	OGN	31,470	$879.0k0.23%	0.23%	Reduced -500	-500 -1.6%
30	VIATRIS INC COM VTRS	VTRS	60,272	$670.8k0.17%	0.17%	Reduced -1.2k	-1,240 -2.0%
31	NOVAVAX INC NOTE 3.750% 2/0 · principal NVAX 3.75 02.01.23 · principal	NVAX 3.75 02.01.23	600,000	$590.0k0.15%	0.15%	Unchanged
32	FATE THERAPEUTICS INC COM FATE	FATE	57,000	$575.1k0.15%	0.15%	Unchanged
33	908 DEVICES INC COM MASS	MASS	68,286	$520.3k0.13%	0.13%	New
34	LAVA THERAPEUTICS NV SHS LVTX	LVTX	100,000	$350.0k0.09%	0.09%	New
35	RLI CORP COM RLI	RLI	2,400	$315.0k0.08%	0.08%	Unchanged
36	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	14,510	$137.6k0.04%	0.04%	Reduced -108.0k	-108,048 -88.2%
37	PERSONALIS INC COM PSNL	PSNL	50,000	$99.0k0.03%	0.03%	New

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
GENERAL ELECTRIC CO		10,000	$619.0k10.0k shares