Arbiter Partners Capital Management LLC
CIK 1513193 · View on SEC EDGAR ↗
- Portfolio value
- $189.8M
- Positions
- 42
- As of
- June 30, 2026
#6,620 of 9,443 by 13F value · top 70.1%
Portfolio value QoQ: +8.8% 13F does not disclose cash
- Top 10 holdings weight
- 75.90%
- Top 25 holdings weight
- 96.90%
- Positions above 1%
- 20
- Effective number of positions
- 6.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 9.07% Est. buys $16,513,618 · sells $22,404,595
Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 68.9% still held
- New positions
- 3
- Increased
- 10
- Decreased
- 8
- Closed
- 5
Put-notional exposure: 5.0% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Sector breakdown
Healthcare
41.7%
Financial Services
14.4%
Financials
9.6%
Materials
5.5%
Consumer Discretionary
4.6%
Real Estate
3.6%
Energy
2.9%
Telecommunication
1.9%
Industrials
0.9%
Consumer products
0.0%
Other/Unmapped
14.8%
Full portfolio 42 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| GRAL GRAIL, Inc. - Common Stock | $70,611,456 | 37.20% | 1,034,297 | $17,143,483 | Down ×4 | ||
| GEFB | $18,125,340 | 9.55% | 193,771 | $1,052,151 | Down ×2 | ||
| CRBG Corebridge Financial Inc. Common Stock | $11,370,548 | 5.99% | 397,155 | $5,795,540 | Up ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $8,664,360 | 4.56% | 20,600 | Put option | $-9,700,090 | Down ×1 | |
| OPY Oppenheimer Holdings, Inc. Class A Common Stock (DE) | $7,028,858 | 3.70% | 66,599 | $2,123,497 | Up ×1 | ||
| SPNT SiriusPoint Ltd. Common Shares | $5,820,768 | 3.07% | 242,532 | $1,494,847 | Up ×1 | ||
| CBL CBL & Associates Properties, Inc. Common Stock | $5,799,764 | 3.06% | 109,244 | $1,601,517 | |||
| SNDA Sonida Senior Living, Inc. Common Stock | $5,675,239 | 2.99% | 139,099 | $820,161 | Down ×5 | ||
| NAVI Navient Corporation - Common Stock | $5,638,283 | 2.97% | 662,548 | $1,445,640 | Up ×3 | ||
| ODV Osisko Development Corp. Common Shares | $5,319,740 | 2.80% | 2,162,496 | $-1,464,622 | Up ×4 | ||
| GNW Genworth Financial Inc Common Stock | $5,114,974 | 2.69% | 540,124 | $1,157,286 | Up ×1 | ||
| STXS | $4,960,232 | 2.61% | 2,883,856 | $-346,063 | |||
| SHG Shinhan Financial Group Co Ltd American Depositary Shares | $4,248,439 | 2.24% | 67,169 | ||||
| Unknown issuer (CUSIP: 04965N104) | $3,514,324 | 1.85% | 261,288 | $439,224 | Up ×1 | ||
| ELE Elemental Royalty Corporation - Common Stock | $2,938,815 | 1.55% | 168,317 | $-232,277 | |||
| VET Vermilion Energy Inc. Common (Canada) | $2,499,335 | 1.32% | 266,738 | $-1,176,315 | |||
| MTG MGIC Investment Corporation Common Stock | $2,453,400 | 1.29% | 87,000 | $169,650 | |||
| ARVN Arvinas, Inc. - Common Stock | $2,448,076 | 1.29% | 294,594 | ||||
| LILAK Liberty Latin America Ltd. - Class C Common Stock | $2,329,584 | 1.23% | 299,048 | $-396,219 | Down ×2 | ||
| TBN Tamboran Resources Corporation Common stock | $2,185,062 | 1.15% | 67,212 | $-1,174,866 | |||
| TFPM Triple Flag Precious Metals Corp. Common Shares | $1,752,526 | 0.92% | 58,476 | $-277,176 | |||
| NMM Navios Maritime Partners LP Common Units Representing Limited Partner Interests | $1,737,736 | 0.92% | 24,800 | $64,232 | |||
| CWBC Community West Bancshares - Common Stock | $1,398,439 | 0.74% | 52,064 | $376,408 | Up ×1 | ||
| LILA Liberty Latin America Ltd. - Class A Common Stock | $1,289,531 | 0.68% | 164,481 | $-131,585 | |||
| NODK NI Holdings, Inc. - Common Stock | $983,320 | 0.52% | 62,592 | $320,877 | Up ×1 | ||
| WFRD Weatherford International plc - Ordinary shares | $815,000 | 0.43% | 10,000 | $-130,800 | |||
| ABR Arbor Realty Trust Common Stock | $735,494 | 0.39% | 135,700 | Put option | $-2,500,393 | Down ×1 | |
| OPRT Oportun Financial Corporation - common stock | $697,225 | 0.37% | 122,106 | $-188,384 | Down ×1 | ||
| AVBC Avidia Bancorp, Inc. Common Stock | $688,472 | 0.36% | 32,800 | $43,296 | |||
| LENB | $499,349 | 0.26% | 5,629 | $25,838 | |||
| OABI OmniAb, Inc. - Common Stock | $473,759 | 0.25% | 192,585 | $171,401 | |||
| MRT | $423,230 | 0.22% | 323,076 | $-149,278 | Up ×4 | ||
| MTA | $258,740 | 0.14% | 34,000 | $33,320 | |||
| OLN Olin Corporation Common Stock | $255,678 | 0.13% | 12,900 | $-127,839 | |||
| TRC Tejon Ranch Co Common Stock | $242,970 | 0.13% | 12,993 | $-1,818 | |||
| GROY | $216,936 | 0.11% | 78,600 | $-64,452 | |||
| MLCI Mount Logan Capital Inc. - Common Stock | $122,138 | 0.06% | 35,505 | $-4,971 | |||
| VOXR Vox Royalty Corp. - common stock | $113,142 | 0.06% | 23,920 | $-525,719 | Down ×1 | ||
| BUR Burford Capital Limited Ordinary Shares | $110,700 | 0.06% | 27,000 | $-11,340 | |||
| BTG | $93,500 | 0.05% | 25,000 | $-19,750 | |||
| LRE Lead Real Estate Co., Ltd - American Depositary Shares | $85,473 | 0.05% | 64,752 | ||||
| CLPR Clipper Realty Inc. Common Stock | $61,521 | 0.03% | 22,618 | $-6,785 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| NAVI | $5,638,283 | 2.97% | up ×3 |
| ODV | $5,319,740 | 2.80% | up ×4 |
| MRT | $423,230 | 0.22% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| GRAL | Trimmed | -300 | +$17.1M |
| TSLA | Trimmed | -29K | -$9.7M |
| CRBG | Bought more | +164K | +$5.8M |
| ABR | Trimmed | -284K | -$2.5M |
| OPY | Bought more | +12K | +$2.1M |
| CBL | Price move only | +0 | +$1.6M |
| SPNT | Bought more | +42K | +$1.5M |
| ODV | Bought more | +75K | -$1.5M |
| NAVI | Bought more | +150K | +$1.4M |
| VET | Price move only | +0 | -$1.2M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| TSLA | June 30, 2025 | 205,900 | $53,361,044 | 9.8% |
| SHG | March 31, 2026 | 138,169 | $7,410,003 | 22.0% |
| ARVN | March 31, 2026 | 452,789 | $5,370,078 | -13.9% |
| GOOGL | June 30, 2026 | 12,300 | $3,536,988 | -4.3% |
| ABR | June 30, 2025 | 241,800 | $2,841,150 | -51.7% |
| ARKK | March 31, 2025 | 33,700 | $1,913,149 | No longer tracked |
| VET | June 30, 2025 | 216,235 | $1,751,504 | 76.7% |
| JBGS | Dec. 31, 2025 | 78,209 | $1,740,150 | -27.1% |
| MET | June 30, 2026 | 20,000 | $1,414,400 | 11.9% |
| LRFC | March 31, 2025 | 50,358 | $1,258,446 | No longer tracked |
| AAPL | June 30, 2026 | 4,900 | $1,243,571 | 6.5% |
| EMX | Dec. 31, 2025 | 205,915 | $1,060,462 | No longer tracked |
| FSEA | June 30, 2025 | 90,000 | $1,048,500 | 50.0% |
| MSFT | June 30, 2026 | 2,000 | $740,340 | 29.2% |
| FMC | March 31, 2025 | 12,300 | $597,903 | -74.0% |
| LESL | March 31, 2026 | 237,637 | $392,101 | -45.1% |
| SENEB | Sept. 30, 2025 | 2,878 | $293,527 | 83.5% |
| INBX | Sept. 30, 2025 | 19,759 | $281,960 | 198.4% |
| RITM | March 31, 2026 | 20,000 | $218,000 | 7.6% |
| SENEA | March 31, 2026 | 1,839 | $203,449 | 28.6% |
| DVN | June 30, 2026 | 4,000 | $201,280 | 18.9% |
| CRESY | March 31, 2025 | 10,098 | $127,537 | 0.6% |
| LRE | March 31, 2026 | 18,495 | $29,037 | 2.3% |