13D Filings
Westwood Holdings Group Inc.
WHG
Initial Filing
Ownership

5.00%

Total Shares

470,515

Issuer CIK

1165002

CUSIP

961765104

Event Date

Jul 29, 2025

Accepted

Aug 4, 2025, 09:17 AM

Reporting Persons (3)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
Settian Capital LP
Investment Adviser
5.00%470,515470,5150
Karl Kristofer Segerberg
Holding Company
5.00%470,515470,5150
PAVP Family Office Fund, LP
Partnership
2.30%211,732211,7320
Disclosure Items (7)

Security Title

Common Stock

Issuer Name

Westwood Holdings Group Inc.

Issuer Address

200 Crescent Court, Dallas, TX, 75201

Filing Persons

This Schedule 13D is being filed pursuant to Rule 13d-1 under the Securities Exchange Act of 1934, as amended (the "Act"), on behalf of each of the following persons (each, a "Reporting Person" and collectively, the "Reporting Persons"): i. Settian Capital, LP, a Delaware limited partnership ("Settian Capital"); ii. PAVP Family Office Fund, LP, a Delaware limited partnership ("PAVP"); and iii. Karl Kristofer Segerberg ("Kristofer Segerberg"), an individual who serves as Managing Partner of Settian, LLC, the general partner of Settian Capital, LP.

Business Address

The address for the Reporting Persons is 767 Fifth Avenue, 18th Floor, New York, New York 10153.

Principal Occupation

PAVP is an investment fund engaged in the business of acquiring, holding, voting and disposing of various public and private securities investments. PAVP is managed by Settian Capital. Kristofer Segerberg is the manager of the general partner of Settian Capital and the manager of the general partner of PAVP. Please refer to the address provided in (b) above.

Convictions

During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Citizenship

Settian Capital and PAVP Family Office Fund are each a Delaware limited partnership. Kristofer Segerberg is a citizen of the United States of America.

The total purchase price of the shares was $7,428,133. All shares were purchased with working capital from PAVP and another separately managed account over which Settian Capital exercises full discretion.

The Reporting Persons purchased the shares of Common Stock based on their belief that at current market prices, the shares represent an attractive investment opportunity. Depending upon their assessment of the Issuer's businesses and prospects, overall market conditions, other investment opportunities, and the availability of Common Stock at desirable prices, the Reporting Persons may from time to time purchase additional shares of Common Stock. The Reporting Persons may also dispose of their shares of Common Stock, in whole or in part, from time to time. The Reporting Persons may attempt to communicate with the Issuer's management and suggest actions that the Reporting Persons believe will enhance shareholder value. These suggestions may include operational and/or strategic proposals. Among other matters that the Reporting Persons may consider or propose are the following: (i) extraordinary transactions involving the Issuer or its subsidiaries, which could include, among others, corporate acquisitions, whether by means of a merger transaction or sale of assets, divestitures, a take private transaction or joint ventures with others industry participants; (ii) changes in senior management; (iii) changes in the composition of the Company's board of directors; (iv) an offering of equity or debt securities; (v) changes to the Company's dividend policy; (vi) operational changes to promote efficiencies, which may include use of AI technology, internal cost reductions, and outsourcing of administrative functions; (vii) product consolidation or diversification; and (viii) the engagement of financial, legal and other professionals to assist the Company and its board in the consideration of these or other strategic and business alternatives.

Percentage of Class

PAVP beneficially owns 211,732 shares, representing approximately 2.3% of the outstanding shares. In its capacity as investment adviser to PAVP and to an account managed by Settian Capital, Settian Capital may be deemed to beneficially own 470,515 shares, representing approximately 5.0% of the outstanding shares. In his capacity as Managing Partner of the general partner of Settian Capital, Kristofer Segerberg may be deemed to beneficially own the shares beneficially owned by Settian Capital. The percentages of the outstanding shares are based upon 9,379,680 shares reported by the Issuer to be outstanding as of April 24, 2025 in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.

Number of Shares

PAVP has sole power to vote or direct the vote of, and sole power to dispose or direct the disposition of, 211,732 shares. Each of Settian Capital and Kristofer Segerberg has sole power to vote or direct the vote of, and sole power to dispose or direct the disposition of, 470,515 shares.

Transactions

Please see Schedule A, attached hereto, for all transactions executed in the last 60 days. All transactions reported in the attached Schedule A were executed in the open market.

Shareholders

See Item 5(a).

Date of 5% Ownership

Not applicable.

None.

Exhibit 1: Agreement for Joint Filing of Schedule 13D