UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

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.
Address:
650 CONCORD STREET
SUITE 203
CARLISLE, MA 01741
Form 13F File Number:

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.
Title:
Attorney-in-fact for Joel B. Wittenberg
Phone:
914-335-2090


Signature, Place, and Date of Signing:

Beth N. Lowson
                         [Signature]
New York, NEW YORK
                 [City, State]
02-06-2023
                           [Date]
                          

Report Type (Check only one.):

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

13F NOTICE. (Check here if no holdings reported are 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
          (thousands)

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


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ADAMS RESOURCES & ENERGY INCCOM NEW0063513081,22431,457SHOTR 0 31,457 0
ALJ REGIONAL HOLDINGS INCCOM001627108512275,279SHOTR 0 275,279 0
ALLY FINANCIAL INCCOM02005N1001,94979,700SHOTR 0 79,700 0
ALPHABET INCCAP STK CL A02079K30510,945124,050SHOTR 0 123,550500
ALPHABET INCCAP STK CL C02079K10711,949134,670SHOTR 0 134,170500
AMAZON COM INCCOM0231351063,44941,060SHOTR 0 41,060 0
AMERICAN EXPRESS COCOM0258161093562,410SHOTR 0 2,410 0
APACHE CORPCOM0374111053,44573,800SHOTR 0 73,800 0
APPLE INCCOM03783310024,956192,075SHOTR 0 191,775300
AT&T INCCOM00206R10219510,566SHOTR 0 10,566 0
AUDACY INCCL A05070N1035332,367,477SHOTR 0 2,354,47713,000
AVALON HOLDINGSCL A05343P1096222,489SHOTR 0 22,489 0
AVIS BUDGET GROUPCOM0537741056794,145SHOTR 0 4,09550
BANK OF AMERICA CORPCOM0605051046,528197,097SHOTR 0 197,097 0
BERKSHIRE HATHAWAY INC DELCL B NEW08467070254,541176,566SHOTR 0 175,838728
BP PLCSPONSORED ADR05562210477222,100SHOTR 0 22,100 0
CENTRAL SECURITIES CORPCOM1551231021735,186SHOTR 0 5,186 0
CHIPOTLE MEXICAN GRILLCOM169656105366264SHOTR 0 264 0
COMCAST CORP NEWCL A20030N10144912,850SHOTR 0 12,850 0
CONOCOPHILLIPSCOM20825C1041,0258,685SHOTR 0 8,685 0
CONTANGO ORECOM21077F10042119,121SHOTR 0 19,121 0
COSTCO WHOLESALE CORP NEWCOM22160K105406889SHOTR 0 889 0
DASEKE INCCOM23753F1071,463257,188SHOTR 0 257,188 0
DISNEY WALT COCOM DISNEY2546871063744,303SHOTR 0 4,303 0
EASTERN COCOM27631710431316,260SHOTR 0 16,260 0
FREIGHTCAR AMERICA INCCOM357023100866270,711SHOTR 0 267,7113,000
GARRETT MOTION INCCOM3665051053,190418,595SHOTR 0 418,595 0
GOLDMAN SACHS GROUP INCCOM38141G1041,1093,229SHOTR 0 3,229 0
GREAT LAKES DREDGE & DOCK COCOM39060710935760,017SHOTR 0 60,017 0
GREENLIGHT CAPITAL RE LTDCLASS AG4095J10939548,500SHOTR 0 48,500 0
ISHARES TRRUS MD CP GR ETF4642874812883,445SHOTR 0 3,445 0
ISHARES TRRUS MD CP VAL ETF4642874732,56424,337SHOTR 0 24,337 0
JEFFERIES FINL GROUP INCCOM47233W1092,15862,959SHOTR 0 62,959 0
J.P. MORGAN CHASE & COCOM46625H1006,43147,957SHOTR 0 47,957 0
JOHNSON & JOHNSONCOM4781601043221,824SHOTR 0 1,824 0
LEE ENTERPRISESCOM5237681091,39174,927SHOTR 0 74,927 0
LIBERTY BROADBAND CORPCOM SER A5303071074,61960,893SHOTR 0 60,893 0
LIBERTY BROADBAND CORPCOM SER C5303073053,66848,094SHOTR 0 48,094 0
LIBERTY GLOBAL PLCSHS CLASS AG5480U1044,183220,998SHOTR 0 220,298700
LIBERTY GLOBAL PLCSHS CLASS CG5480U1201,05154,067SHOTR 0 54,067 0
LIBERTY GLOBAL PLCLILAC SHS CLASS AG9001E1025,122680,248SHOTR 0 677,5482,700
LIBERTY GLOBAL PLCLILAC SHS CLASS CG9001E1281,706224,498SHOTR 0 224,229269
LIBERTY MEDIA CORP DELAWARECOM C BRAVES GRP5312298881,28739,928SHOTR 0 39,928 0
LIBERTY MEDIA CORP DELAWARECOM SER A FRMLA5312298701,49628,003SHOTR 0 28,003 0
LIBERTY MEDIA CORP DELAWARECOM SER C FRMLA53122985485814,353SHOTR 0 14,353 0
LIBERTY MEDIA CORP DELAWARECOM A SIRIUSXM5312294096,031153,421SHOTR 0 153,221200
LIBERTY MEDIA CORP DELAWARECOM C SIRIUSXM5312296074,216107,749SHOTR 0 107,393356
LIBERTY TRIPADVISOR HLDGS INCCOM SER A5314651021,7872,666,658SHOTR 0 2,666,658 0
LIMBACH HOLDINGS INCCOM53263P10515214,597SHOTR 0 14,597 0
LIVE NATION ENTERTAINMENT INCCOM5380341091,90427,295SHOTR 0 27,295 0
LYFT INCCL A COM55087P10411210,200SHOTR 0 10,200 0
MCDONALDS CORPCOM5801351012831,075SHOTR 0 1,075 0
MERCURY GENERAL CORP NEWCOM5894001003149,171SHOTR 0 8,771400
MERRIMACK PHARMACEUTICALS INCCOM NEW5903282092,191191,194SHOTR 0 191,194 0
MICROSOFT CORPCOM5949181044,45818,588SHOTR 0 18,51375
NETFLIX INCCOM64110L1065,31518,025SHOTR 0 18,025 0
PATRIOT TRANSPORTATION HOLDINGCOM70338W10523733,303SHOTR 0 33,303 0
PRICESMART INCCOM7415111091,03316,989SHOTR 0 16,739250
QURATE RETAIL INCCOM SER A74915M1002,3871,464,199SHOTR 0 1,464,199 0
READING INTERNATIONAL INCCL A7554081014,0431,459,398SHOTR 0 1,454,7984,600
RESOLUTE FST PRODS INCCOM76117W10923711,000SHOTR 0 11,000 0
RUBICON TECHNOLOGIES INCCL A COM78112J1098850,623SHOTR 0 50,623 0
SCRIPPS E W CO OHIOCL A NEW81105440219815,000SHOTR 0 15,000 0
SHAW COMMUNICATIONS INCCL B CONV82028K2001,38047,952SHOTR 0 46,2521,700
SIRIUS XM HOLDINGS INCCOM82968B1036310,805SHOTR 0 10,805 0
SPOTIFY TECHNOLOGY S ASHSL8681T1021,63420,700SHOTR 0 20,700 0
SUNLINK HEALTH SYS INCCOM86737U1021524,400SHOTR 0 24,400 0
SURO CAPITAL CORPCOM NEW86887Q1094712,277SHOTR 0 12,277 0
TELESAT CORPCL A87951230966788,989SHOTR 0 88,989 0
THRYV HOLDINGS INCCOM NEW88602920638620,334SHOTR 0 20,334 0
TIDEWATER INC NEWCOM88642R1091,60143,452SHOTR 0 43,452 0
23ANDME HOLDING COCLASS A COM90138Q1081,283594,000SHOTR 0 594,000 0
UNIVAR SOLUTIONS INCCOM91336L1074,218132,649SHOTR 0 132,649 0
UNIVERSAL STAINLESS & ALLOYCOM9138371001,806251,852SHOTR 0 251,852 0
US BANCORP DELCOM NEW9029733045,543127,100SHOTR 0 126,775325
VANGUARD INDEX FDSTOTAL STK MKT9229087695332,787SHOTR 0 2,787 0
WARNER BROS DISCOVERY INCCOM SER A9344231046,322666,903SHOTR 0 665,0031,900
WELLS FARGO CO NEWPERP PFD CNV A9497468043,2312,727SHOTR 0 2,727 0
WELLS FARGO CO NEWCOM NEW94974610110,269248,701SHOTR 0 248,701 0
WILLIAMS INDL SVCS GROUP INCCOM96951A104614601,931SHOTR 0 601,931 0
WYNDHAM DESTINATIONS INCCOM98310W1082536,940SHOTR 0 6,940 0
WYNDHAM HOTELS & RESORTS INCCOM98311A1053965,550SHOTR 0 5,550 0
ZOETIS INCCL A98978V1032481,694SHOTR 0 1,694 0