# EDGAR Filing Document

**Accession Number:** 0001697790
**File Stem:** 0001062993-25-016732
**Filing Date:** 2025-11
**Character Count:** 11149
**Document Hash:** 9dee502b230c802d12445370ba51308f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-016732.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0001062993-25-016732

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251113

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WITTENBERG INVESTMENT MANAGEMENT, INC.
- **CENTRAL INDEX KEY:** 0001697790

**ORGANIZATION NAME:**
- **EIN:** 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:** 251477863

**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:** 09-30-2025

**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:** Joel B. Wittenberg<br>**Title:** President<br>**Phone:** 978-610-6871

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

Joel B. Wittenberg  Carlisle, MA  11-13-2025<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:** 75

**Form 13F Information Table Value Total:** $252034421

      (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 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 16742783 | 68872 | SH |  | SOLE |  | 68572 | 0 | 300 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 20941890 | 85986 | SH |  | SOLE |  | 85486 | 0 | 500 |
| AMAZON COM INC | COM | 023135106 |  | 590863 | 2691 | SH |  | SOLE |  | 2691 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 631104 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 1456800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 27114785 | 106487 | SH |  | SOLE |  | 106287 | 0 | 200 |
| ATLANTA BRAVES HLDGS INC | COM SER C | 047726302 |  | 1117565 | 26871 | SH |  | SOLE |  | 26871 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 222672 | 7885 | SH |  | SOLE |  | 7885 | 0 | 0 |
| AVALON HLDGS CORP | CL A | 05343P109 |  | 95922 | 36784 | SH |  | SOLE |  | 36784 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 518336 | 3228 | SH |  | SOLE |  | 3178 | 0 | 50 |
| BANK AMERICA CORP | COM | 060505104 |  | 2458986 | 47664 | SH |  | SOLE |  | 47664 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 54108901 | 107628 | SH |  | SOLE |  | 107000 | 0 | 628 |
| BLUE FOUNDRY BANCORP | COM | 09549B104 |  | 184645 | 20313 | SH |  | SOLE |  | 20313 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 527238 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| BROADWAY FINL CORP DEL | CL A NEW | 111444709 |  | 399779 | 55835 | SH |  | SOLE |  | 55835 | 0 | 0 |
| CABLE ONE INC | COM | 12685J105 |  | 2248535 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| CATALYST BANCORP INC | COMMON STOCK | 14888L101 |  | 179747 | 13669 | SH |  | SOLE |  | 13669 | 0 | 0 |
| CENTRAL SECS CORP | COM | 155123102 |  | 266405 | 5186 | SH |  | SOLE |  | 5186 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 395819 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 212085 | 6750 | SH |  | SOLE |  | 6750 | 0 | 0 |
| CONTANGO ORE INC | COM | 21077F100 |  | 931883 | 37380 | SH |  | SOLE |  | 37380 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 231408 | 250 | SH |  | SOLE |  | 250 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 455481 | 3978 | SH |  | SOLE |  | 3978 | 0 | 0 |
| EASTERN CO | COM | 276317104 |  | 211938 | 9034 | SH |  | SOLE |  | 9034 | 0 | 0 |
| GARRETT MOTION INC | COM | 366505105 |  | 591380 | 43420 | SH |  | SOLE |  | 43420 | 0 | 0 |
| GCI LIBERTY INC | COM SER A | 36164V602 |  | 282076 | 7511 | SH |  | SOLE |  | 7511 | 0 | 0 |
| GCI LIBERTY INC | COM SER C | 36164V800 |  | 284221 | 7626 | SH |  | SOLE |  | 7626 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1430245 | 1796 | SH |  | SOLE |  | 1796 | 0 | 0 |
| GREAT LAKES DREDGE  DOCK CO | COM | 390607109 |  | 2299682 | 191800 | SH |  | SOLE |  | 191800 | 0 | 0 |
| GREENLIGHT CAPITAL RE LTD | CLASS A | G4095J109 |  | 482600 | 38000 | SH |  | SOLE |  | 38000 | 0 | 0 |
| HILTON GRAND VACATIONS INC | COM | 43283X105 |  | 585340 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 485772 | 3478 | SH |  | SOLE |  | 3478 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 6693425 | 21220 | SH |  | SOLE |  | 21220 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 2438465 | 37274 | SH |  | SOLE |  | 37274 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 310391 | 1674 | SH |  | SOLE |  | 1674 | 0 | 0 |
| LEE ENTERPRISES INC | COM | 523768406 |  | 529078 | 97257 | SH |  | SOLE |  | 96257 | 0 | 1000 |
| LIBERTY BROADBAND CORP | COM SER A | 530307107 |  | 6378661 | 100721 | SH |  | SOLE |  | 100721 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 1945150 | 30613 | SH |  | SOLE |  | 30613 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL A | G61188101 |  | 2185674 | 190722 | SH |  | SOLE |  | 190722 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 127558 | 10856 | SH |  | SOLE |  | 10856 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 |  | 4192891 | 505777 | SH |  | SOLE |  | 503077 | 0 | 2700 |
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 |  | 2531266 | 299913 | SH |  | SOLE |  | 299644 | 0 | 269 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S A | 531229771 |  | 1566179 | 16448 | SH |  | SOLE |  | 16448 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S A | 531229748 |  | 4400038 | 46660 | SH |  | SOLE |  | 46660 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S C | 531229722 |  | 1280295 | 13203 | SH |  | SOLE |  | 13203 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 909237 | 8705 | SH |  | SOLE |  | 8705 | 0 | 0 |
| LIFECORE BIOMEDICAL INC | COM | 514766104 |  | 126761 | 17223 | SH |  | SOLE |  | 17223 | 0 | 0 |
| LIMBACH HLDGS INC | COM | 53263P105 |  | 1417661 | 14597 | SH |  | SOLE |  | 14597 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 3133358 | 19176 | SH |  | SOLE |  | 19176 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 243112 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 488248 | 5759 | SH |  | SOLE |  | 5359 | 0 | 400 |
| MICROSOFT CORP | COM | 594918104 |  | 6057425 | 11695 | SH |  | SOLE |  | 11620 | 0 | 75 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 316185 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 1760015 | 1468 | SH |  | SOLE |  | 1468 | 0 | 0 |
| NEXTNAV INC | COMMON STOCK | 65345N106 |  | 357500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 1639575 | 34700 | SH |  | SOLE |  | 34700 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 2040942 | 35507 | SH |  | SOLE |  | 35507 | 0 | 0 |
| PONCE FINANCIAL GROUP INC | COMMON STOCK | 732344106 |  | 943990 | 64217 | SH |  | SOLE |  | 64217 | 0 | 0 |
| PRICESMART INC | COM | 741511109 |  | 1631703 | 13464 | SH |  | SOLE |  | 13214 | 0 | 250 |
| PRIMEENERGY RESOURCES CORP | COM | 74158E104 |  | 217139 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| QVC GROUP INC | COM SER A NEW | 74915M605 |  | 1092177 | 80962 | SH |  | SOLE |  | 80962 | 0 | 0 |
| READING INTL INC | CL A | 755408101 |  | 1628763 | 1108002 | SH |  | SOLE |  | 1103402 | 0 | 4600 |
| SCRIPPS E W CO OHIO | CL A NEW | 811054402 |  | 5453695 | 2216949 | SH |  | SOLE |  | 2209949 | 0 | 7000 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 25946854 | 1114795 | SH |  | SOLE |  | 1113744 | 0 | 1051 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 1762450 | 2525 | SH |  | SOLE |  | 2525 | 0 | 0 |
| SUNRISE COMMUNICATIONS AG | ADS CL A | 867975104 |  | 210432 | 3580 | SH |  | SOLE |  | 3580 | 0 | 0 |
| THRYV HLDGS INC | COM NEW | 886029206 |  | 1105709 | 91684 | SH |  | SOLE |  | 91684 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 4251041 | 79712 | SH |  | SOLE |  | 79712 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 331538 | 5573 | SH |  | SOLE |  | 5573 | 0 | 0 |
| TRIPADVISOR INC | COM | 896945201 |  | 2048760 | 126000 | SH |  | SOLE |  | 126000 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 10554676 | 540434 | SH |  | SOLE |  | 540434 | 0 | 0 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 1572485 | 1274 | SH |  | SOLE |  | 1274 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 957224 | 11420 | SH |  | SOLE |  | 11420 | 0 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 356913 | 4467 | SH |  | SOLE |  | 4467 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 212896 | 1455 | SH |  | SOLE |  | 1455 | 0 | 0 |

---