Wittenberg Investment Management, Inc 13F annual report

Wittenberg Investment Management, Inc is an investment fund managing more than $293 billion ran by Joel Wittenberg. There are currently 70 companies in Mr. Wittenberg’s portfolio. The largest investments include Berkshire Hathaway and Apple Inc, together worth $95.9 billion.

Limited to 30 biggest holdings

$293 billion Assets Under Management (AUM)

As of 26th April 2024, Wittenberg Investment Management, Inc’s top holding is 163,082 shares of Berkshire Hathaway currently worth over $68.6 billion and making up 23.4% of the portfolio value. Relative to the number of outstanding shares of Berkshire Hathaway, Wittenberg Investment Management, Inc owns less than 0.3% of the company. In addition, the fund holds 159,585 shares of Apple Inc worth $27.4 billion, whose value fell 2.0% in the past six months. The third-largest holding is Alphabet Inc worth $35.6 billion and the next is Liberty Media worth $25.7 billion, with 775,760 shares owned.

Currently, Wittenberg Investment Management, Inc's portfolio is worth at least $293 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Wittenberg Investment Management, Inc

The Wittenberg Investment Management, Inc office and employees reside in Carlisle, Massachusetts. According to the last 13-F report filed with the SEC, Joel Wittenberg serves as the President at Wittenberg Investment Management, Inc.

Recent trades

In the most recent 13F filing, Wittenberg Investment Management, Inc revealed that it had opened a new position in Liberty Media and bought 775,760 shares worth $25.7 billion. This means they effectively own approximately 0.1% of the company. Liberty Media makes up 39.9% of the fund's Communication Services sector allocation and has decreased its share price by 0.1% in the past year.

The investment fund also strengthened its position in Warner Bros.Discovery Inc by buying 277,315 additional shares. This makes their stake in Warner Bros.Discovery Inc total 898,178 shares worth $7.84 billion. Warner Bros.Discovery Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Wittenberg Investment Management, Inc is getting rid of from its portfolio. Wittenberg Investment Management, Inc closed its position in Liberty Media Corp Delaware on 3rd May 2024. It sold the previously owned 341,220 shares for $12.9 million. Joel Wittenberg also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%. This leaves the value of the investment at $68.6 billion and 163,082 shares.

One of the smaller hedge funds

The two most similar investment funds to Wittenberg Investment Management, Inc are Nikulski and Heirloom Wealth Management. They manage $293 billion and $294 billion respectively.


Joel Wittenberg investment strategy

Wittenberg Investment Management, Inc’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Finance — making up 27.7% of the total portfolio value. The fund focuses on investments in the United States as 47.1% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 31% of the total holdings value. On the other hand, small-cap stocks make up only 5.7% of the portfolio. The average market cap of the portfolio companies is close to $189 billion.

The complete list of Wittenberg Investment Management, Inc trades based on 13F SEC filings

These positions were updated on May 3rd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Berkshire Hathaway Inc.
5.54%
163,082
$68,579,243,000 23.38%
Apple Inc
13.04%
159,585
$27,365,636,000 9.33%
Alphabet Inc
6.95%
234,996
$35,622,235,000 12.14%
Liberty Media Corp.
Opened
775,760
$25,686,551,000 8.76%
Wells Fargo Co New
31.06%
170,506
$12,935,822,000 4.41%
JPMorgan Chase & Co.
0.44%
46,412
$9,296,311,000 3.17%
Warner Bros.Discovery Inc
44.67%
898,178
$7,841,094,000 2.67%
Liberty Latin America Ltd
30.73%
1,117,965
$7,796,126,000 2.66%
Microsoft Corporation
11.91%
15,189
$6,390,316,000 2.18%
Bank America Corp
40.09%
168,156
$6,376,476,000 2.17%
Liberty Broadband Corp
48.83%
156,751
$8,958,913,000 3.05%
Liberty Global Ltd
Opened
387,964
$6,580,233,000 2.24%
Us Bancorp Del
35.70%
119,350
$5,334,945,000 1.82%
Garrett Motion Inc
9.81%
470,137
$4,673,162,000 1.59%
Paramount Global
3,687.11%
378,711
$4,457,428,000 1.52%
Merrimack Pharmaceuticals In
2.56%
210,239
$3,105,230,000 1.06%
Reading International Inc
5.92%
1,512,738
$2,783,438,000 0.95%
Jefferies Finl Group Inc
2.87%
55,165
$2,432,777,000 0.83%
Amazon.com Inc.
56.12%
13,476
$2,430,801,000 0.83%
Live Nation Entertainment In
16.34%
22,640
$2,394,633,000 0.82%
Qurate Retail Inc
33.31%
1,774,056
$2,182,089,000 0.74%
APA Corporation
Opened
60,000
$2,062,800,000 0.70%
Tidewater Inc.
25.47%
21,952
$2,019,584,000 0.69%
Phinia Inc
Opened
52,107
$2,002,472,000 0.68%
Ishares Tr
25.24%
22,215
$2,671,809,000 0.91%
Netflix Inc.
67.47%
3,118
$1,893,655,000 0.65%
Universal Stainless & Alloy
53.71%
84,111
$1,885,769,000 0.64%
Daseke Inc
No change
226,866
$1,882,988,000 0.64%
Great Lakes Dredge & Dock Corporation
No change
200,324
$1,752,835,000 0.60%
Atlanta Braves Holdings Inc
Opened
37,471
$1,463,617,000 0.50%
Lee Enterprises, Inc.
Opened
107,041
$1,426,857,000 0.49%
Pricesmart Inc.
2.54%
15,587
$1,309,309,000 0.45%
Ally Finl Inc
67.33%
30,075
$1,220,744,000 0.42%
23andme Holding Co
277.89%
2,290,945
$1,218,783,000 0.42%
Conocophillips
No change
8,685
$1,105,427,000 0.38%
Goldman Sachs Group, Inc.
3.66%
2,629
$1,098,107,000 0.37%
Ponce Financial Group Inc
18.71%
105,317
$937,321,000 0.32%
Spotify Technology S.A.
81.20%
3,300
$870,870,000 0.30%
BP plc
No change
21,600
$813,888,000 0.28%
Match Group Inc.
5.99%
20,400
$740,112,000 0.25%
Vanguard Index Fds
No change
2,798
$727,169,000 0.25%
Freightcar Amer Inc
35.33%
174,737
$672,737,000 0.23%
Thryv Hldgs Inc
41.80%
28,834
$640,980,000 0.22%
Adams Res & Energy Inc
32.73%
20,976
$608,304,000 0.21%
Greenlight Capital Re Ltd
No change
48,500
$604,795,000 0.21%
Limbach Holdings Inc
No change
14,597
$604,608,000 0.21%
Chipotle Mexican Grill
23.48%
202
$587,168,000 0.20%
Contango Ore Inc
42.60%
29,550
$586,568,000 0.20%
Scripps E W Co Ohio
840.05%
141,007
$554,158,000 0.19%
American Express Co.
No change
2,410
$548,683,000 0.19%
Disney Walt Co
0.05%
4,166
$509,752,000 0.17%
Costco Whsl Corp New
3.36%
690
$505,135,000 0.17%
Mercury Genl Corp New
5.45%
8,671
$447,446,000 0.15%
Wyndham Hotels & Resorts Inc
No change
5,467
$419,592,000 0.14%
Avis Budget Group Inc
No change
3,303
$404,485,000 0.14%
Blue Foundry Bancorp
Opened
40,782
$381,720,000 0.13%
Eastern Co.
54.67%
10,536
$359,172,000 0.12%
Comcast Corp New
27.54%
7,500
$325,125,000 0.11%
Travel Plus Leisure Co
Opened
6,273
$307,126,000 0.10%
Zoetis Inc
No change
1,694
$286,642,000 0.10%
Johnson & Johnson
2.74%
1,774
$280,627,000 0.10%
Mcdonalds Corp
No change
875
$246,706,000 0.08%
Central Secs Corp
No change
5,186
$216,619,000 0.07%
Fedex Corp
Opened
700
$202,818,000 0.07%
Broadway Finl Corp Del
Opened
36,128
$199,065,000 0.07%
First Seacoast Bancorp
Opened
20,735
$173,759,000 0.06%
William Penn Bancorporation
Opened
10,034
$123,920,000 0.04%
Enzo Biochem, Inc.
Opened
68,003
$86,364,000 0.03%
Avalon Hldgs Corp
26.16%
36,911
$82,315,000 0.03%
Sunlink Health Sys Inc
123.51%
87,565
$63,922,000 0.02%
Liberty Media Corp Delaware
Closed
341,220
$12,907,000
Univar Solutions Inc
Closed
137,649
$4,933,000
Liberty Global plc
Closed
325,465
$5,535,000
Apache Corporation
Closed
73,800
$2,522,000
Liberty TripAdvisor Holdings, Inc.
Closed
2,779,315
$1,807,000
Lee Enterprises, Inc.
Closed
106,864
$1,427,000
Alj Regional Holdings Inc
Closed
275,279
$542,000
Telesat Corp
Closed
51,490
$485,000
Williams Indl Svcs Group Inc
Closed
750,821
$285,000
Patriot Transportation Holding, Inc.
Closed
32,212
$269,000
Wyndham Destinations Inc
Closed
6,273
$253,000
TripAdvisor Inc.
Closed
12,000
$198,000
Audacy Inc
Closed
73,464
$156,000
Broadway Finl Corp Del
Closed
155,683
$151,000
Lyft Inc
Closed
10,200
$98,000
Rubicon Technologies Inc
Closed
40,026
$58,000
Sirius XM Holdings Inc
Closed
10,805
$49,000
Infinity Pharmaceuticals Inc.
Closed
229,000
$48,000
Suro Capital Corp
Closed
12,277
$39,000
No transactions found
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