Wittenberg Investment Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Wittenberg Investment Management, Inc. reported 73 stock positions worth $220.2 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 26.8% of the portfolio, followed by Sirius XM (SIRI, 11.3%) and Apple (AAPL, 10.9%). Compared with Q4 2024, it opened 3 new positions, sold out of 3, added to 15 and reduced 42. The biggest buy was Ew Scripps Co./the-A (SSP, shares +14%) and the biggest sale Alphabet Class A (GOOGL, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- CARLISLE, MA
- CIK
- 0001697790
- Portfolio Value
- $220.2M (Q1 2025)
- SEC Filing
- 0001062993-25-009041 ↗ filed May 12, 2025
Holdings Value
Holdings 73 stocks · $220.2M
| BRK.B Berkshire Hathaway Inc. Class B | 26.77% | 110,713 | $59.0M | Reduce -12.4% |
| SIRI Sirius XM Holdings Inc. | 11.32% | 1,105,390 | $24.9M | Reduce -1.5% |
| AAPL Apple Inc. | 10.92% | 108,247 | $24.0M | Reduce -14.9% |
| GOOG Alphabet Inc. Class C | 6.60% | 93,046 | $14.5M | Reduce -8.9% |
| GOOGL Alphabet Inc. Class A | 5.61% | 79,952 | $12.4M | Reduce -20.5% |
| LBRDA Liberty Broadband-A | 3.15% | 81,555 | $6.9M | Reduce -15.0% |
| WBD Warner Bros Discovery Inc. | 2.82% | 578,404 | $6.2M | Reduce -1.9% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 2.74% | 2,036,014 | $6.0M | Add +14.1% |
| JPM JPMorgan Chase & Co. | 2.44% | 21,920 | $5.4M | Reduce -31.6% |
| MSFT Microsoft Corp. | 2.28% | 13,395 | $5.0M | Reduce -8.1% |
| LILA Liberty Latin Americ Class A | 1.69% | 588,427 | $3.7M | Reduce -5.8% |
| LLYVA Liberty Media Corp.-Liberty-A | 1.49% | 48,938 | $3.3M | Reduce -3.9% |
| LBRDK Liberty Broadband-C | 1.33% | 34,460 | $2.9M | Reduce -13.8% |
| LYV Live Nation Entertainment Inc. | 1.14% | 19,176 | $2.5M | Reduce -12.3% |
| JEF Jefferies Financial Group Inc. | 0.93% | 38,170 | $2.0M | Reduce -4.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.92% | 48,664 | $2.0M | Reduce -9.3% |
| GLDD Great Lakes Dredge & Dock Co. | 0.90% | 228,300 | $2.0M | Add +25.9% |
| LBTYA Liberty Global Ltd. Class A | 0.86% | 163,822 | $1.9M | Add +90.3% |
| LILAK Liberty Latin Americ Class C | 0.83% | 293,466 | $1.8M | Reduce -0.1% |
| TRIP Tripadvisor Inc. | 0.81% | 126,000 | $1.8M | Add +80.0% |
| RDI Reading International Inc. Class A | 0.77% | 1,226,025 | $1.7M | Reduce -2.5% |
| PHIN Phinia Inc. | 0.68% | 35,507 | $1.5M | Reduce -5.3% |
| NFLX Netflix Inc. | 0.65% | 1,538 | $1.4M | Reduce -16.1% |
| SPOT Spotify Technology SA | 0.63% | 2,525 | $1.4M | Reduce -9.0% |
| FWONA Liberty Media Corp. Class A | 0.61% | 16,571 | $1.4M | Reduce -4.7% |
| TDW Tidewater Inc. | 0.60% | 31,152 | $1.3M | Add +45.2% |
| APA Apa Corp. | 0.57% | 60,000 | $1.3M | No change |
| PSMT Pricesmart Inc. | 0.54% | 13,564 | $1.2M | Reduce -5.9% |
| GTX Garrett Motion Inc. | 0.53% | 139,257 | $1.2M | Reduce -56.0% |
| LMB Limbach Holdings Inc. | 0.49% | 14,597 | $1.1M | No change |
| BATRK Atlanta Braves Holdings in-C | 0.49% | 27,051 | $1.1M | Add +1.8% |
| GS Goldman Sachs Group Inc. | 0.48% | 1,929 | $1.1M | Reduce -13.5% |
| THRY Thryv Holdings Inc. | 0.47% | 80,934 | $1.0M | Add +32.8% |
| LLYVK Liberty Media Corp.-Liberty-C | 0.42% | 13,460 | $917K | Reduce -10.4% |
| WFC Wells Fargo & Co. | 0.39% | 11,928 | $856K | Reduce -77.3% |
| PDLB Ponce Financial Group Inc. | 0.37% | 64,217 | $814K | No change |
| FWONK Liberty Media Corp. Class C | 0.37% | 8,952 | $806K | Reduce -13.7% |
| QVCG QVC Group Inc. | 0.35% | 3,817,717 | $768K | Add +6.5% |
| LEE Lee Enterprises | 0.33% | 70,781 | $735K | Add +14.4% |
| SGOV iShares 0-3 Month Treasury B | 0.30% | 6,500 | $654K | No change |
| GLRE Greenlight Capital Re Ltd. Class A | 0.24% | 38,500 | $522K | No change |
| BP BP PLC-Spons ADR | 0.23% | 15,300 | $517K | No change |
| AMZN Amazon.com Inc. | 0.23% | 2,691 | $512K | Reduce -55.9% |
| AXP American Express Co. | 0.23% | 1,900 | $511K | Reduce -21.2% |
| SNREY Sunrise Communicat Class A | 0.23% | 10,540 | $509K | Reduce -82.7% |
| CMG Chipotle Mexican Grill Inc. | 0.23% | 10,100 | $507K | No change |
| CTGO Contango Silver & Gold Inc. | 0.22% | 47,470 | $485K | Add +30.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.19% | 3,800 | $420K | Add +90.0% |
| WH Wyndham Hotels & Resorts Inc. | 0.18% | 4,467 | $404K | Reduce -4.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 4,028 | $398K | Reduce -1.9% |
| BYFC Broadway Financial Corp. | 0.18% | 53,882 | $386K | Add +5.4% |
| MCY Mercury General Corp. | 0.16% | 6,138 | $343K | Reduce -15.5% |
| NN Nextnav Inc. | 0.14% | 25,000 | $304K | New |
| WBA Walgreens Boots Alliance Inc. | 0.13% | 25,000 | $279K | New |
| JNJ Johnson & Johnson | 0.13% | 1,674 | $278K | No change |
| CMCSA Comcast Corp. Class A | 0.12% | 7,250 | $268K | Reduce -3.3% |
| TNL Travel + Leisure Co. | 0.12% | 5,573 | $258K | Reduce -3.5% |
| MCD McDonald's Corp. | 0.11% | 800 | $250K | Reduce -8.6% |
| CAR Avis Budget Group Inc. | 0.11% | 3,228 | $245K | Reduce -1.5% |
| ZTS Zoetis Inc. | 0.11% | 1,455 | $240K | Reduce -8.9% |
| COST Costco Wholesale Corp. | 0.11% | 250 | $236K | Reduce -23.1% |
| CET Central Securities Corp. | 0.11% | 5,186 | $233K | No change |
| T AT&T Inc. | 0.11% | 8,214 | $232K | New |
| EML The Eastern Co. | 0.10% | 9,034 | $229K | No change |
| FSEA First Seacoast Bancorp Inc. | 0.08% | 15,049 | $175K | Reduce -8.8% |
| BLFY Blue Foundry Bancorp | 0.08% | 18,513 | $170K | Add +2.8% |
| CLST Catalyst Bancorp Inc. | 0.07% | 13,669 | $159K | No change |
| LBTYK Liberty Global Ltd. Class C | 0.07% | 12,856 | $154K | Reduce -12.0% |
| WMPN William Penn Bancorp | 0.06% | 12,219 | $133K | No change |
| AWX Avalon Holdings Corp. Class A | 0.05% | 36,811 | $105K | No change |
| ENZB Enzo Biochem Inc. | 0.05% | 274,095 | $101K | Add +46.2% |
| LFCR Lifecore Biomedical Inc. | 0.04% | 12,223 | $86K | Add +8.9% |
| SSY Sunlink Health Systems Inc. | 0.03% | 58,142 | $58K | Reduce -46.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,294 | $1.6M | Reduce -7.8% |
Total filed on the 13F, all lines: $221.8M.
Portfolio Sells Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Reduce -20.5% | 5.61% | −1.91 |
| AAPL Apple Inc. | Reduce -14.9% | 10.92% | −1.67 |
| JPM JPMorgan Chase & Co. | Reduce -31.6% | 2.44% | −1.43 |
| GOOG Alphabet Inc. Class C | Reduce -8.9% | 6.60% | −1.09 |
| WFC Wells Fargo & Co. | Reduce -77.3% | 0.39% | −1.07 |
| SNREY Sunrise Communicat Class A | Reduce -82.7% | 0.23% | −0.81 |
| GTX Garrett Motion Inc. | Reduce -56.0% | 0.53% | −0.60 |
| AE Adams Resources & Energy Inc. | Sold out | 0.00% | −0.31 |
| JEF Jefferies Financial Group Inc. | Reduce -4.0% | 0.93% | −0.30 |
| AMZN Amazon.com Inc. | Reduce -55.9% | 0.23% | −0.30 |
| IWS iShares Russell Mid-Cap Valu | Sold out | 0.00% | −0.18 |
| MSFT Microsoft Corp. | Reduce -8.1% | 2.28% | −0.14 |
| AXP American Express Co. | Reduce -21.2% | 0.23% | −0.05 |
| MCY Mercury General Corp. | Reduce -15.5% | 0.16% | −0.04 |
| PHIN Phinia Inc. | Reduce -5.3% | 0.68% | −0.03 |
| 23ANDME HOLDING CO | Sold out | 0.00% | −0.03 |
| GS Goldman Sachs Group Inc. | Reduce -13.5% | 0.48% | −0.03 |
| NFLX Netflix Inc. | Reduce -16.1% | 0.65% | −0.02 |
| FWONK Liberty Media Corp. Class C | Reduce -13.7% | 0.37% | −0.01 |
| SSY Sunlink Health Systems Inc. | Reduce -46.7% | 0.03% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -23.1% | 0.11% | −0.01 |
| BAC Bank of America Corp. | Reduce -9.3% | 0.92% | −0.01 |
| LBTYK Liberty Global Ltd. Class C | Reduce -12.0% | 0.07% | −0.01 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -4.3% | 0.18% | −0.00 |
| DIS The Walt Disney Co. | Reduce -1.9% | 0.18% | −0.00 |
| TNL Travel + Leisure Co. | Reduce -3.5% | 0.12% | +0.00 |
| ZTS Zoetis Inc. | Reduce -8.9% | 0.11% | +0.01 |
| CAR Avis Budget Group Inc. | Reduce -1.5% | 0.11% | +0.01 |
| CMCSA Comcast Corp. Class A | Reduce -3.3% | 0.12% | +0.01 |
| LLYVK Liberty Media Corp.-Liberty-C | Reduce -10.4% | 0.42% | +0.01 |
| MCD McDonald's Corp. | Reduce -8.6% | 0.11% | +0.01 |
| FSEA First Seacoast Bancorp Inc. | Reduce -8.8% | 0.08% | +0.01 |
| PSMT Pricesmart Inc. | Reduce -5.9% | 0.54% | +0.02 |
| LYV Live Nation Entertainment Inc. | Reduce -12.3% | 1.14% | +0.02 |
| FWONA Liberty Media Corp. Class A | Reduce -4.7% | 0.61% | +0.04 |
| LILAK Liberty Latin Americ Class C | Reduce -0.1% | 0.83% | +0.09 |
| RDI Reading International Inc. Class A | Reduce -2.5% | 0.77% | +0.12 |
| LILA Liberty Latin Americ Class A | Reduce -5.8% | 1.69% | +0.12 |
| SPOT Spotify Technology SA | Reduce -9.0% | 0.63% | +0.14 |
| LBRDK Liberty Broadband-C | Reduce -13.8% | 1.33% | +0.15 |
| LLYVA Liberty Media Corp.-Liberty-A | Reduce -3.9% | 1.49% | +0.15 |
| LBRDA Liberty Broadband-A | Reduce -15.0% | 3.15% | +0.33 |
| WBD Warner Bros Discovery Inc. | Reduce -1.9% | 2.82% | +0.35 |
| SIRI Sirius XM Holdings Inc. | Reduce -1.5% | 11.32% | +1.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -12.4% | 26.77% | +4.13 |
Portfolio Buys Q4 2024 → Q1 2025
| SSP Ew Scripps Co./the-A | Add +14.1% | 2.74% | +1.18 |
| LBTYA Liberty Global Ltd. Class A | Add +90.3% | 0.86% | +0.42 |
| TRIP Tripadvisor Inc. | Add +80.0% | 0.81% | +0.40 |
| NN Nextnav Inc. | New | 0.14% | +0.14 |
| TDW Tidewater Inc. | Add +45.2% | 0.60% | +0.13 |
| WBA Walgreens Boots Alliance Inc. | New | 0.13% | +0.13 |
| THRY Thryv Holdings Inc. | Add +32.8% | 0.47% | +0.11 |
| T AT&T Inc. | New | 0.11% | +0.11 |
| SHV iShares 0-1 Year Treasury Bo | Add +90.0% | 0.19% | +0.10 |
| GLDD Great Lakes Dredge & Dock Co. | Add +25.9% | 0.90% | +0.09 |
| BATRK Atlanta Braves Holdings in-C | Add +1.8% | 0.49% | +0.09 |
| CTGO Contango Silver & Gold Inc. | Add +30.5% | 0.22% | +0.08 |
| BYFC Broadway Financial Corp. | Add +5.4% | 0.18% | +0.04 |
| BLFY Blue Foundry Bancorp | Add +2.8% | 0.08% | +0.01 |
| LFCR Lifecore Biomedical Inc. | Add +8.9% | 0.04% | +0.01 |
| ENZB Enzo Biochem Inc. | Add +46.2% | 0.05% | −0.01 |
| LEE Lee Enterprises | Add +14.4% | 0.33% | −0.03 |
| QVCG QVC Group Inc. | Add +6.5% | 0.35% | −0.12 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -7.8% | 1,294 | $1.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 77 | $291.1M | BRK.B, AAPL, SIRI, GOOG, GOOGL |
| Q1 2026 | 73 | $267.7M | BRK.B, AAPL, SIRI, GOOG, GOOGL |
| Q4 2025 | 71 | $259.3M | BRK.B, AAPL, GOOG, SIRI, GOOGL |
| Q3 2025 | 74 | $250.5M | BRK.B, AAPL, SIRI, GOOG, GOOGL |
| Q2 2025 | 75 | $227.5M | BRK.B, SIRI, AAPL, GOOG, GOOGL |
| Q1 2025 | 73 | $220.2M | BRK.B, SIRI, AAPL, GOOG, GOOGL |
| Q4 2024 | 73 | $253.1M | BRK.B, AAPL, SIRI, GOOG, GOOGL |
| Q3 2024 | 79 | $308.5M | BRK.B, AAPL, SIRI, GOOGL, GOOG |
| Q2 2024 | 80 | $290.7M | BRK.B, AAPL, GOOGL, GOOG, LSXMA |
| Q1 2024 | 81 | $290.2M | BRK.B, AAPL, GOOGL, GOOG, LSXMA |