Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Central Securities Corp to the U.S. Securities and Exchange Commission. The reporting period covers holdings as of March 31, 2026. The document discloses the company's equity securities held in a reportable capacity, detailing the number of shares and aggregate market value for each position.
Key Financial Metrics and Portfolio Composition
The filing provides a snapshot of the investment portfolio rather than the company's operational financials (revenue, profit, cash flow). Key portfolio metrics include:
- Total Positions Disclosed: 31 distinct equity holdings.
- Largest Position by Value: Alphabet Inc. (Class A) with an aggregate value of $115,024,000 (400,000 shares).
- Top 5 Holdings by Value:
- Alphabet Inc. ($115.0M)
- Analog Devices Inc. ($111.3M)
- Progressive Corp ($79.3M)
- Schwab Charles Corp ($65.8M)
- Capital One Finl Corp ($63.9M)
- Voting Authority: All disclosed positions are held with Sole voting authority.
- Derivatives: No put or call options are reported in this table.
Material Changes Versus Prior Period
The filing text provided does not contain comparative data from the prior quarter (December 31, 2025). Consequently, material changes in share counts, values, or new/liquidated positions cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or risk factors regarding the reporting company's future performance. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column to assess total assets under management.
- Compare the share counts in this filing against the previous quarter's Form 13F to identify significant trades (buys/sells).
- Confirm the concentration risk by calculating the percentage of the total portfolio represented by the top 3 holdings (Alphabet, Analog Devices, Progressive).
- Check for any "Shared" or "None" voting authority entries in future filings, as all current entries are "Sole."
- Validate the CUSIP numbers against current market data to ensure the securities listed are still active and correctly identified.