Arbiter Partners Capital Management LLC
CIK 0001513193
Annualised vol
10.119874%
Beta
0.163525
HHI
1626.706278
Top-10 weight
75.897384%
VaR 95%
0.521173%
VaR 99%
1.787355%
Max drawdown
18.566418%
Matched value
92.285331%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| GRAL | REDUCED | 1,034,297 | 1,034,597 | -0.03% | 70,611,456 |
| GEF | REDUCED | 193,771 | 195,033 | -0.65% | 18,125,340 |
| CRBG | ADDED | 397,155 | 233,655 | 69.97% | 11,370,548 |
| TSLA | REDUCED | 20,600 | 49,400 | -58.3% | 8,664,360 |
| OPY | ADDED | 66,599 | 54,999 | 21.09% | 7,028,858 |
| SPNT | ADDED | 242,532 | 200,832 | 20.76% | 5,820,768 |
| CBL | UNCHANGED | 109,244 | 109,244 | 0.0% | 5,799,764 |
| SNDA | REDUCED | 139,099 | 152,231 | -8.63% | 5,675,239 |
| NAVI | ADDED | 662,548 | 512,548 | 29.27% | 5,638,283 |
| GNW | ADDED | 540,124 | 487,400 | 10.82% | 5,114,974 |
| STXS | UNCHANGED | 2,883,856 | 2,883,856 | 0.0% | 4,960,232 |
| SHG | NEW | 67,169 | - | - | 4,248,439 |
| RNA | ADDED | 261,288 | 230,000 | 13.6% | 3,514,324 |
| ELE | UNCHANGED | 168,317 | 168,317 | 0.0% | 2,938,815 |
| VET | UNCHANGED | 266,738 | 266,738 | 0.0% | 2,499,335 |
| MTG | UNCHANGED | 87,000 | 87,000 | 0.0% | 2,453,400 |
| ARVN | NEW | 294,594 | - | - | 2,448,076 |
| TBN | UNCHANGED | 67,212 | 67,212 | 0.0% | 2,185,062 |
| NMPGY | UNCHANGED | 24,800 | 24,800 | 0.0% | 1,737,736 |
| CWBC | ADDED | 52,064 | 43,864 | 18.69% | 1,398,439 |
| NODK | ADDED | 62,592 | 51,392 | 21.79% | 983,320 |
| ABR | REDUCED | 135,700 | 419,700 | -67.67% | 735,494 |
| OPRT | REDUCED | 122,106 | 192,106 | -36.44% | 697,225 |
| AVBC | UNCHANGED | 32,800 | 32,800 | 0.0% | 688,472 |
| LEN | UNCHANGED | 5,629 | 5,629 | 0.0% | 499,349 |
| OABI | UNCHANGED | 192,585 | 192,585 | 0.0% | 473,759 |
| MRT | ADDED | 323,076 | 286,254 | 12.86% | 423,230 |
| MTA | UNCHANGED | 34,000 | 34,000 | 0.0% | 258,740 |
| OLN | UNCHANGED | 12,900 | 12,900 | 0.0% | 255,678 |
| TRC | UNCHANGED | 12,993 | 12,993 | 0.0% | 242,970 |
| GROY | UNCHANGED | 78,600 | 78,600 | 0.0% | 216,936 |
| MLCI | UNCHANGED | 35,505 | 35,505 | 0.0% | 122,138 |
| VOXR | REDUCED | 23,920 | 121,920 | -80.38% | 113,142 |
| BUR | UNCHANGED | 27,000 | 27,000 | 0.0% | 110,700 |
| BTG | UNCHANGED | 25,000 | 25,000 | 0.0% | 93,500 |
| LRE | NEW | 64,752 | - | - | 85,473 |
| CLPR | UNCHANGED | 22,618 | 22,618 | 0.0% | 61,521 |
| MET | CLOSED OUT | 0 | 20,000 | -100.0% | 0 |
| GOOGL | CLOSED OUT | 0 | 12,300 | -100.0% | 0 |
| AAPL | CLOSED OUT | 0 | 4,900 | -100.0% | 0 |
| MSFT | CLOSED OUT | 0 | 2,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| GRAL | REDUCED | GRAIL INC | COM | 384747101 | 70,611,456 | 37.2 | 1034297.0 |
| GEF | REDUCED | GREIF INC-CL B | COM | 397624206 | 18,125,340 | 9.55 | 193771.0 |
| CRBG | ADDED | COREBRIDGE FINANCIAL INC | COM | 21871X109 | 11,370,548 | 5.99 | 397155.0 |
| TSLA | REDUCED | TESLA INC | COM | 88160R101 | 8,664,360 | 4.56 | 20600.0 |
| OPY | ADDED | OPPENHEIMER HOLDINGS-CL A | COM | 683797104 | 7,028,858 | 3.7 | 66599.0 |
| SPNT | ADDED | SIRIUSPOINT LTD | COM | G8192H106 | 5,820,768 | 3.07 | 242532.0 |
| CBL | UNCHANGED | CBL & ASSOCIATES PROPERTIES | COM | 124830878 | 5,799,764 | 3.06 | 109244.0 |
| SNDA | REDUCED | SONIDA SENIOR LIVING INC | COM | 140475203 | 5,675,239 | 2.99 | 139099.0 |
| NAVI | ADDED | NAVIENT CORP | COM | 63938C108 | 5,638,283 | 2.97 | 662548.0 |
| - | OSISKO DEVELOPMENT CORP | COM | 68828E809 | 5,319,740 | 2.8 | 2162496.0 | |
| GNW | ADDED | GENWORTH FINANCIAL INC | COM | 37247D106 | 5,114,974 | 2.69 | 540124.0 |
| STXS | UNCHANGED | STEREOTAXIS INC | COM | 85916J409 | 4,960,232 | 2.61 | 2883856.0 |
| SHG | NEW | SHINHAN FINANCIAL GROUP-ADR | COM | 824596100 | 4,248,439 | 2.24 | 67169.0 |
| RNA | ADDED | ATRIUM THERAPEUTICS INC | COM | 04965N104 | 3,514,324 | 1.85 | 261288.0 |
| ELE | UNCHANGED | ELEMENTAL ROYALTY CORP | COM | 28620K106 | 2,938,815 | 1.55 | 168317.0 |
| VET | UNCHANGED | VERMILION ENERGY INC | COM | 923725105 | 2,499,335 | 1.32 | 266738.0 |
| MTG | UNCHANGED | MGIC INVESTMENT CORP | COM | 552848103 | 2,453,400 | 1.29 | 87000.0 |
| ARVN | NEW | ARVINAS INC | COM | 04335A105 | 2,448,076 | 1.29 | 294594.0 |
| - | LIBERTY LATIN AMERIC-CL C | COM | G9001E128 | 2,329,584 | 1.23 | 299048.0 | |
| TBN | UNCHANGED | TAMBORAN RESOURCES CORP | COM | 87507T101 | 2,185,062 | 1.15 | 67212.0 |
| - | TRIPLE FLAG PRECIOUS MET | COM | 89679M104 | 1,752,526 | 0.92 | 58476.0 | |
| NMPGY | UNCHANGED | NAVIOS MARITIME PARTNERS LP | COM | Y62267409 | 1,737,736 | 0.92 | 24800.0 |
| CWBC | ADDED | COMMUNITY WEST BANCSHARES | COM | 203937107 | 1,398,439 | 0.74 | 52064.0 |
| - | LIBERTY LATIN AMERIC-CL A | COM | G9001E102 | 1,289,531 | 0.68 | 164481.0 | |
| NODK | ADDED | NI HOLDINGS INC | COM | 65342T106 | 983,320 | 0.52 | 62592.0 |
| - | WEATHERFORD INTERNATIONAL PL | COM | G48833118 | 815,000 | 0.43 | 10000.0 | |
| ABR | REDUCED | ARBOR REALTY TRUST INC | COM | 038923108 | 735,494 | 0.39 | 135700.0 |
| OPRT | REDUCED | OPORTUN FINANCIAL CORP | COM | 68376D104 | 697,225 | 0.37 | 122106.0 |
| AVBC | UNCHANGED | AVIDIA BANCORP INC | COM | 05369T100 | 688,472 | 0.36 | 32800.0 |
| LEN | UNCHANGED | LENNAR CORP - B SHS | COM | 526057302 | 499,349 | 0.26 | 5629.0 |
| OABI | UNCHANGED | OMNIAB INC | COM | 68218J103 | 473,759 | 0.25 | 192585.0 |
| MRT | ADDED | MARTI TECHNOLOGIES INC | COM | 573134103 | 423,230 | 0.22 | 323076.0 |
| MTA | UNCHANGED | METALLA ROYALTY & STREAMING | COM | 59124U605 | 258,740 | 0.14 | 34000.0 |
| OLN | UNCHANGED | OLIN CORP | COM | 680665205 | 255,678 | 0.13 | 12900.0 |
| TRC | UNCHANGED | TEJON RANCH CO | COM | 879080109 | 242,970 | 0.13 | 12993.0 |
| GROY | UNCHANGED | GOLD ROYALTY CORP | COM | 38071H106 | 216,936 | 0.11 | 78600.0 |
| MLCI | UNCHANGED | MOUNT LOGAN CAPITAL INC | COM | 62188E103 | 122,138 | 0.06 | 35505.0 |
| VOXR | REDUCED | VOX ROYALTY CORP | COM | 92919F103 | 113,142 | 0.06 | 23920.0 |
| BUR | UNCHANGED | BURFORD CAPITAL LTD | COM | G17977110 | 110,700 | 0.06 | 27000.0 |
| BTG | UNCHANGED | B2GOLD CORP | COM | 11777Q209 | 93,500 | 0.05 | 25000.0 |
| LRE | NEW | LEAD REAL ESTATE CO LTD | COM | 52168R109 | 85,473 | 0.05 | 64752.0 |
| CLPR | UNCHANGED | CLIPPER REALTY INC | COM | 18885T306 | 61,521 | 0.03 | 22618.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-19 | 189,801,476 | 42 | 10.119874 | 0.163525 | 18.566418 |
| 2026-03-31 | 2026-05-12 | 174,508,441 | 45 | 10.961699 | 0.301298 | 19.947544 |
| 2025-12-31 | 2026-02-12 | 205,166,659 | 49 | 11.509954 | 0.224069 | 21.422376 |
| 2025-09-30 | 2025-11-12 | 167,440,481 | 40 | 11.103535 | 0.265138 | 21.552624 |
| 2025-03-31 | 2025-05-13 | 138,384,330 | 34 | 24.140001 | 0.749965 | 36.562383 |
| 2024-12-31 | 2025-02-13 | 161,842,457 | 29 | 32.737991 | 1.014999 | 48.075161 |