# EDGAR Filing Document

**Accession Number:** 0001697790
**File Stem:** 0001462390-23-000003
**Filing Date:** 2023-2
**Character Count:** 11744
**Document Hash:** a5f811b5106e5615c5de119aafa22192
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001462390-23-000003.hdr.sgml**: 20230206

**ACCESSION NUMBER**: 0001462390-23-000003

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230206

**DATE AS OF CHANGE**: 20230206

**EFFECTIVENESS DATE**: 20230206

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WITTENBERG INVESTMENT MANAGEMENT, INC.
- **CENTRAL INDEX KEY:** 0001697790
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17731
- **FILM NUMBER:** 23589401

**BUSINESS ADDRESS:**
- **STREET 1:** 650 CONCORD STREET
- **STREET 2:** SUITE 203
- **CITY:** CARLISLE
- **STATE:** MA
- **ZIP:** 01741
- **BUSINESS PHONE:** 978-610-6871

**MAIL ADDRESS:**
- **STREET 1:** 650 CONCORD STREET
- **STREET 2:** SUITE 203
- **CITY:** CARLISLE
- **STATE:** MA
- **ZIP:** 01741

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** WITTENBERG INVESTMENT MANAGEMENT INC.<br>**Address:** 650 CONCORD STREET<br>SUITE 203<br>CARLISLE, MA 01741

**Form 13F File Number:** 028-17731

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Beth N. Lowson Esq.<br>**Title:** Attorney-in-fact for Joel B. Wittenberg<br>**Phone:** 914-335-2090

**Signature, Place, and Date of Signing:**

Beth N. Lowson  New York, NY  02-06-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 83

**Form 13F Information Table Value Total:** $245641

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADAMS RESOURCES  ENERGY INC | COM NEW | 006351308 |  | 1224 | 31457 | SH |  | OTR |  | 0 | 31457 | 0 |
| ALJ REGIONAL HOLDINGS INC | COM | 001627108 |  | 512 | 275279 | SH |  | OTR |  | 0 | 275279 | 0 |
| ALLY FINANCIAL INC | COM | 02005N100 |  | 1949 | 79700 | SH |  | OTR |  | 0 | 79700 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 10945 | 124050 | SH |  | OTR |  | 0 | 123550 | 500 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 11949 | 134670 | SH |  | OTR |  | 0 | 134170 | 500 |
| AMAZON COM INC | COM | 023135106 |  | 3449 | 41060 | SH |  | OTR |  | 0 | 41060 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 356 | 2410 | SH |  | OTR |  | 0 | 2410 | 0 |
| APACHE CORP | COM | 037411105 |  | 3445 | 73800 | SH |  | OTR |  | 0 | 73800 | 0 |
| APPLE INC | COM | 037833100 |  | 24956 | 192075 | SH |  | OTR |  | 0 | 191775 | 300 |
| AT INC | COM | 00206R102 |  | 195 | 10566 | SH |  | OTR |  | 0 | 10566 | 0 |
| AUDACY INC | CL A | 05070N103 |  | 533 | 2367477 | SH |  | OTR |  | 0 | 2354477 | 13000 |
| AVALON HOLDINGS | CL A | 05343P109 |  | 62 | 22489 | SH |  | OTR |  | 0 | 22489 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 679 | 4145 | SH |  | OTR |  | 0 | 4095 | 50 |
| BANK OF AMERICA CORP | COM | 060505104 |  | 6528 | 197097 | SH |  | OTR |  | 0 | 197097 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 54541 | 176566 | SH |  | OTR |  | 0 | 175838 | 728 |
| BP PLC | SPONSORED ADR | 055622104 |  | 772 | 22100 | SH |  | OTR |  | 0 | 22100 | 0 |
| CENTRAL SECURITIES CORP | COM | 155123102 |  | 173 | 5186 | SH |  | OTR |  | 0 | 5186 | 0 |
| CHIPOTLE MEXICAN GRILL | COM | 169656105 |  | 366 | 264 | SH |  | OTR |  | 0 | 264 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 449 | 12850 | SH |  | OTR |  | 0 | 12850 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1025 | 8685 | SH |  | OTR |  | 0 | 8685 | 0 |
| CONTANGO ORE | COM | 21077F100 |  | 421 | 19121 | SH |  | OTR |  | 0 | 19121 | 0 |
| COSTCO WHOLESALE CORP NEW | COM | 22160K105 |  | 406 | 889 | SH |  | OTR |  | 0 | 889 | 0 |
| DASEKE INC | COM | 23753F107 |  | 1463 | 257188 | SH |  | OTR |  | 0 | 257188 | 0 |
| DISNEY WALT CO | COM DISNEY | 254687106 |  | 374 | 4303 | SH |  | OTR |  | 0 | 4303 | 0 |
| EASTERN CO | COM | 276317104 |  | 313 | 16260 | SH |  | OTR |  | 0 | 16260 | 0 |
| FREIGHTCAR AMERICA INC | COM | 357023100 |  | 866 | 270711 | SH |  | OTR |  | 0 | 267711 | 3000 |
| GARRETT MOTION INC | COM | 366505105 |  | 3190 | 418595 | SH |  | OTR |  | 0 | 418595 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1109 | 3229 | SH |  | OTR |  | 0 | 3229 | 0 |
| GREAT LAKES DREDGE  DOCK CO | COM | 390607109 |  | 357 | 60017 | SH |  | OTR |  | 0 | 60017 | 0 |
| GREENLIGHT CAPITAL RE LTD | CLASS A | G4095J109 |  | 395 | 48500 | SH |  | OTR |  | 0 | 48500 | 0 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 288 | 3445 | SH |  | OTR |  | 0 | 3445 | 0 |
| ISHARES TR | RUS MD CP VAL ETF | 464287473 |  | 2564 | 24337 | SH |  | OTR |  | 0 | 24337 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 2158 | 62959 | SH |  | OTR |  | 0 | 62959 | 0 |
| J.P. MORGAN CHASE  CO | COM | 46625H100 |  | 6431 | 47957 | SH |  | OTR |  | 0 | 47957 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 322 | 1824 | SH |  | OTR |  | 0 | 1824 | 0 |
| LEE ENTERPRISES | COM | 523768109 |  | 1391 | 74927 | SH |  | OTR |  | 0 | 74927 | 0 |
| LIBERTY BROADBAND CORP | COM SER A | 530307107 |  | 4619 | 60893 | SH |  | OTR |  | 0 | 60893 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 3668 | 48094 | SH |  | OTR |  | 0 | 48094 | 0 |
| LIBERTY GLOBAL PLC | SHS CLASS A | G5480U104 |  | 4183 | 220998 | SH |  | OTR |  | 0 | 220298 | 700 |
| LIBERTY GLOBAL PLC | SHS CLASS C | G5480U120 |  | 1051 | 54067 | SH |  | OTR |  | 0 | 54067 | 0 |
| LIBERTY GLOBAL PLC | LILAC SHS CLASS A | G9001E102 |  | 5122 | 680248 | SH |  | OTR |  | 0 | 677548 | 2700 |
| LIBERTY GLOBAL PLC | LILAC SHS CLASS C | G9001E128 |  | 1706 | 224498 | SH |  | OTR |  | 0 | 224229 | 269 |
| LIBERTY MEDIA CORP DELAWARE | COM C BRAVES GRP | 531229888 |  | 1287 | 39928 | SH |  | OTR |  | 0 | 39928 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM SER A FRMLA | 531229870 |  | 1496 | 28003 | SH |  | OTR |  | 0 | 28003 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM SER C FRMLA | 531229854 |  | 858 | 14353 | SH |  | OTR |  | 0 | 14353 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 |  | 6031 | 153421 | SH |  | OTR |  | 0 | 153221 | 200 |
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 |  | 4216 | 107749 | SH |  | OTR |  | 0 | 107393 | 356 |
| LIBERTY TRIPADVISOR HLDGS INC | COM SER A | 531465102 |  | 1787 | 2666658 | SH |  | OTR |  | 0 | 2666658 | 0 |
| LIMBACH HOLDINGS INC | COM | 53263P105 |  | 152 | 14597 | SH |  | OTR |  | 0 | 14597 | 0 |
| LIVE NATION ENTERTAINMENT INC | COM | 538034109 |  | 1904 | 27295 | SH |  | OTR |  | 0 | 27295 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 112 | 10200 | SH |  | OTR |  | 0 | 10200 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 283 | 1075 | SH |  | OTR |  | 0 | 1075 | 0 |
| MERCURY GENERAL CORP NEW | COM | 589400100 |  | 314 | 9171 | SH |  | OTR |  | 0 | 8771 | 400 |
| MERRIMACK PHARMACEUTICALS INC | COM NEW | 590328209 |  | 2191 | 191194 | SH |  | OTR |  | 0 | 191194 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4458 | 18588 | SH |  | OTR |  | 0 | 18513 | 75 |
| NETFLIX INC | COM | 64110L106 |  | 5315 | 18025 | SH |  | OTR |  | 0 | 18025 | 0 |
| PATRIOT TRANSPORTATION HOLDING | COM | 70338W105 |  | 237 | 33303 | SH |  | OTR |  | 0 | 33303 | 0 |
| PRICESMART INC | COM | 741511109 |  | 1033 | 16989 | SH |  | OTR |  | 0 | 16739 | 250 |
| QURATE RETAIL INC | COM SER A | 74915M100 |  | 2387 | 1464199 | SH |  | OTR |  | 0 | 1464199 | 0 |
| READING INTERNATIONAL INC | CL A | 755408101 |  | 4043 | 1459398 | SH |  | OTR |  | 0 | 1454798 | 4600 |
| RESOLUTE FST PRODS INC | COM | 76117W109 |  | 237 | 11000 | SH |  | OTR |  | 0 | 11000 | 0 |
| RUBICON TECHNOLOGIES INC | CL A COM | 78112J109 |  | 88 | 50623 | SH |  | OTR |  | 0 | 50623 | 0 |
| SCRIPPS E W CO OHIO | CL A NEW | 811054402 |  | 198 | 15000 | SH |  | OTR |  | 0 | 15000 | 0 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 1380 | 47952 | SH |  | OTR |  | 0 | 46252 | 1700 |
| SIRIUS XM HOLDINGS INC | COM | 82968B103 |  | 63 | 10805 | SH |  | OTR |  | 0 | 10805 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 1634 | 20700 | SH |  | OTR |  | 0 | 20700 | 0 |
| SUNLINK  HEALTH SYS INC | COM | 86737U102 |  | 15 | 24400 | SH |  | OTR |  | 0 | 24400 | 0 |
| SURO CAPITAL CORP | COM NEW | 86887Q109 |  | 47 | 12277 | SH |  | OTR |  | 0 | 12277 | 0 |
| TELESAT CORP | CL A | 879512309 |  | 667 | 88989 | SH |  | OTR |  | 0 | 88989 | 0 |
| THRYV HOLDINGS INC | COM NEW | 886029206 |  | 386 | 20334 | SH |  | OTR |  | 0 | 20334 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 1601 | 43452 | SH |  | OTR |  | 0 | 43452 | 0 |
| 23ANDME HOLDING CO | CLASS A COM | 90138Q108 |  | 1283 | 594000 | SH |  | OTR |  | 0 | 594000 | 0 |
| UNIVAR SOLUTIONS INC | COM | 91336L107 |  | 4218 | 132649 | SH |  | OTR |  | 0 | 132649 | 0 |
| UNIVERSAL STAINLESS  ALLOY | COM | 913837100 |  | 1806 | 251852 | SH |  | OTR |  | 0 | 251852 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 5543 | 127100 | SH |  | OTR |  | 0 | 126775 | 325 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 533 | 2787 | SH |  | OTR |  | 0 | 2787 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 6322 | 666903 | SH |  | OTR |  | 0 | 665003 | 1900 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 3231 | 2727 | SH |  | OTR |  | 0 | 2727 | 0 |
| WELLS FARGO CO NEW | COM NEW | 949746101 |  | 10269 | 248701 | SH |  | OTR |  | 0 | 248701 | 0 |
| WILLIAMS INDL SVCS GROUP INC | COM | 96951A104 |  | 614 | 601931 | SH |  | OTR |  | 0 | 601931 | 0 |
| WYNDHAM DESTINATIONS INC | COM | 98310W108 |  | 253 | 6940 | SH |  | OTR |  | 0 | 6940 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 396 | 5550 | SH |  | OTR |  | 0 | 5550 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 248 | 1694 | SH |  | OTR |  | 0 | 1694 | 0 |

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