Central Securities Corp
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Central Securities Corp reported 27 stock positions worth $1.1 billion. Its top holding was Progressive (PGR) at 10.8% of the portfolio, followed by Analog Devices (ADI, 7.5%) and Alphabet Class A (GOOGL, 6.6%). Compared with Q4 2024, it sold out of 1, added to 3 and reduced 6. The biggest buy was Teledyne Technologies (TDY, shares +17%) and the biggest sale an exit from Intel (INTC).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000018748
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0000018748-25-000002 ↗ filed May 7, 2025
Holdings Value
Holdings 27 stocks · $1.1B
| PGR Progressive Corp. | 10.77% | 400,000 | $113.2M | Reduce -4.8% |
| ADI Analog Devices Inc. | 7.48% | 390,000 | $78.7M | Reduce -2.5% |
| GOOGL Alphabet Inc. Class A | 6.62% | 450,000 | $69.6M | No change |
| MSI Motorola Solutions Inc. | 6.04% | 145,000 | $63.5M | No change |
| SCHW Schwab (charles) Corp. | 5.96% | 800,000 | $62.6M | No change |
| META Meta Platforms Inc. Class A | 5.49% | 100,000 | $57.6M | No change |
| COF Capital One Financial Corp. | 5.12% | 300,000 | $53.8M | No change |
| AMZN Amazon.com Inc. | 4.25% | 235,000 | $44.7M | Add +4.4% |
| AXP American Express Co. | 3.84% | 150,000 | $40.4M | No change |
| HES Hess Corp. | 3.80% | 250,000 | $39.9M | Reduce -9.1% |
| AON Aon PLC Class A | 3.80% | 100,000 | $39.9M | No change |
| JPM JPMorgan Chase & Co. | 3.74% | 160,000 | $39.2M | Reduce -11.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 3.45% | 105,000 | $36.3M | No change |
| TDY Teledyne Technologies Inc. | 3.32% | 70,000 | $34.8M | Add +16.7% |
| RYN Rayonier Inc. | 3.19% | 1,201,474 | $33.5M | Add +4.5% |
| ROP Roper Technologies Inc. | 3.09% | 55,000 | $32.4M | No change |
| MSFT Microsoft Corp. | 2.86% | 80,000 | $30.0M | No change |
| KEYS Keysight Technologies Inc. | 2.85% | 200,000 | $30.0M | No change |
| V Visa Inc. Class A | 2.50% | 75,000 | $26.3M | No change |
| MELI MercadoLibre Inc. | 2.41% | 13,000 | $25.4M | No change |
| NKE Nike Inc. Class B | 1.96% | 325,000 | $20.6M | Reduce -67.5% |
| MDT Medtronic PLC | 1.50% | 175,000 | $15.7M | Reduce -5.4% |
| JNJ Johnson & Johnson | 1.42% | 90,000 | $14.9M | No change |
| MRK Merck & Co. Inc. | 1.37% | 160,000 | $14.4M | No change |
| BRC Brady Corporation Class A | 1.34% | 200,000 | $14.1M | No change |
| COHR Coherent Corp. | 1.24% | 200,000 | $13.0M | No change |
| WSC Willscot Holdings Corp. | 0.60% | 225,000 | $6.3M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| INTC Intel Corp. | Sold out | 0.00% | −0.77 |
| ADI Analog Devices Inc. | Reduce -2.5% | 7.48% | −0.63 |
| JPM JPMorgan Chase & Co. | Reduce -11.1% | 3.74% | −0.39 |
| MDT Medtronic PLC | Reduce -5.4% | 1.50% | +0.09 |
| HES Hess Corp. | Reduce -9.1% | 3.80% | +0.31 |
| PGR Progressive Corp. | Reduce -4.8% | 10.77% | +1.16 |
| NKE Nike Inc. Class B | Reduce -67.5% | 1.96% | +1.24 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $1.3B | GOOGL, ADI, PGR, COF, KEYS |
| Q1 2026 | 30 | $1.2B | GOOGL, ADI, PGR, SCHW, COF |
| Q4 2025 | 29 | $1.2B | GOOGL, ADI, PGR, COF, SCHW |
| Q3 2025 | 29 | $1.2B | GOOGL, PGR, ADI, SCHW, COF |
| Q2 2025 | 27 | $1.1B | PGR, ADI, GOOGL, META, SCHW |
| Q1 2025 | 27 | $1.1B | PGR, ADI, GOOGL, MSI, SCHW |
| Q4 2024 | 28 | $1.0B | PGR, GOOGL, ADI, MSI, SCHW |
| Q3 2024 | 27 | $1.0B | PGR, ADI, GOOGL, MSI, META |
| Q2 2024 | 28 | $1.0B | ADI, PGR, GOOGL, MSI, SCHW |
| Q1 2024 | 27 | $990.4M | PGR, ADI, GOOGL, MSI, SCHW |