# Arbiter Partners Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1513193. Source: https://holderbook.com/funds/1513193-arbiter-partners-capital-management-llc/

- Reported value: $576.3M
- Positions: 44
- Weight of the ten largest: 75.9%
- Filed: 2026-08-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| GRAIL INC | [GRAL](https://holderbook.com/stocks/GRAL/) | $211.8M | 3,102,891 | 36.8% | 9 |
| GREIF INC | [GEFB](https://holderbook.com/stocks/GEFB/) | $54.4M | 581,313 | 9.4% | 31 |
| COREBRIDGE FINL INC | [CRBG](https://holderbook.com/stocks/CRBG/) | $34.1M | 1,191,465 | 5.9% | 15 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $26.0M | 0 | 4.5% | 4 |
| SONIDA SENIOR LIVING INC | [SNDA](https://holderbook.com/stocks/SNDA/) | $22.2M | 545,179 | 3.8% | 23 |
| OPPENHEIMER HLDGS INC | [OPY](https://holderbook.com/stocks/OPY/) | $21.1M | 199,797 | 3.7% | 16 |
| SIRIUSPOINT LTD | [SPNT](https://holderbook.com/stocks/SPNT/) | $17.5M | 727,596 | 3.0% | 19 |
| CBL & ASSOC PPTYS INC | [CBL](https://holderbook.com/stocks/CBL/) | $17.4M | 327,732 | 3.0% | 4 |
| NAVIENT CORPORATION | [NAVI](https://holderbook.com/stocks/NAVI/) | $16.9M | 1,987,644 | 2.9% | 4 |
| OSISKO DEVELOPMENT CORP | [ODV](https://holderbook.com/stocks/ODV/) | $16.0M | 6,487,488 | 2.8% | 6 |
| GENWORTH FINL INC | [GNW](https://holderbook.com/stocks/GNW/) | $15.3M | 1,620,372 | 2.7% | 6 |
| SHINHAN FINANCIAL GROUP CO L | [SHG](https://holderbook.com/stocks/SHG/) | $12.7M | 201,507 | 2.2% | 1 |
| ATRIUM THERAPEUTICS INC | [RNA](https://holderbook.com/stocks/RNA/) | $10.5M | 783,864 | 1.8% | 2 |
| STEREOTAXIS INC | [STXS](https://holderbook.com/stocks/STXS/) | $9.9M | 5,767,712 | 1.7% | 28 |
| ELEMENTAL RTY CORP | [ELE](https://holderbook.com/stocks/ELE/) | $8.8M | 504,951 | 1.5% | 3 |
| VERMILION ENERGY INC | [VET](https://holderbook.com/stocks/VET/) | $7.5M | 800,214 | 1.3% | 4 |
| MGIC INVT CORP WIS | [MTG](https://holderbook.com/stocks/MTG/) | $7.4M | 261,000 | 1.3% | 16 |
| ARVINAS INC | [ARVN](https://holderbook.com/stocks/ARVN/) | $7.3M | 883,782 | 1.3% | 1 |
| LIBERTY LATIN AMERICA LTD | [LILAK](https://holderbook.com/stocks/LILAK/) | $7.0M | 897,144 | 1.2% | 25 |
| TAMBORAN RES CORP | [TBN](https://holderbook.com/stocks/TBN/) | $6.6M | 201,636 | 1.1% | 4 |
| SILVER BOW MNG CORP | - | $6.5M | 958,010 | 1.1% | 1 |
| TRIPLE FLAG PRECIOUS METAL | [TFPM](https://holderbook.com/stocks/TFPM/) | $5.3M | 175,428 | 0.9% | 6 |
| NAVIOS MARITIME PARTNERS L P | [NMM](https://holderbook.com/stocks/NMM/) | $5.2M | 74,400 | 0.9% | 4 |
| COMMUNITY WEST BANCSHARES NE | [CWBC](https://holderbook.com/stocks/CWBC/) | $4.2M | 156,192 | 0.7% | 6 |
| LIBERTY LATIN AMERICA LTD | [LILA](https://holderbook.com/stocks/LILA/) | $3.9M | 493,443 | 0.7% | 24 |
| NI HLDGS INC | [NODK](https://holderbook.com/stocks/NODK/) | $2.9M | 187,776 | 0.5% | 20 |
| WEATHERFORD INTL PLC | [WFRD](https://holderbook.com/stocks/WFRD/) | $2.4M | 30,000 | 0.4% | 4 |
| ARBOR REALTY TRUST INC | [ABR](https://holderbook.com/stocks/ABR/) | $2.2M | 0 | 0.4% | 4 |
| OPORTUN FINL CORP | [OPRT](https://holderbook.com/stocks/OPRT/) | $2.1M | 366,318 | 0.4% | 3 |
| AVIDIA BANCORP INC | [AVBC](https://holderbook.com/stocks/AVBC/) | $2.1M | 98,400 | 0.4% | 3 |
| LENNAR CORP | [LENB](https://holderbook.com/stocks/LENB/) | $1.5M | 16,887 | 0.3% | 31 |
| OMNIAB INC | [OABI](https://holderbook.com/stocks/OABI/) | $1.4M | 577,755 | 0.2% | 4 |
| MARTI TECHNOLOGIES INC | [MRT](https://holderbook.com/stocks/MRT/) | $1.3M | 969,228 | 0.2% | 7 |
| METALLA RTY & STREAMING LTD | [MTA](https://holderbook.com/stocks/MTA/) | $776.2K | 102,000 | 0.1% | 3 |
| OLIN CORP | [OLN](https://holderbook.com/stocks/OLN/) | $767.0K | 38,700 | 0.1% | 3 |
| TEJON RANCH CO | [TRC](https://holderbook.com/stocks/TRC/) | $728.9K | 38,979 | 0.1% | 31 |
| GOLD ROYALTY CORP | [GROY](https://holderbook.com/stocks/GROY/) | $650.8K | 235,800 | 0.1% | 3 |
| MOUNT LOGAN CAP INC | [MLCI](https://holderbook.com/stocks/MLCI/) | $366.4K | 106,515 | 0.1% | 3 |
| VOX ROYALTY CORP | [VOXR](https://holderbook.com/stocks/VOXR/) | $339.4K | 71,760 | 0.1% | 4 |
| BURFORD CAPITAL LIMITED | [BUR](https://holderbook.com/stocks/BUR/) | $332.1K | 81,000 | 0.1% | 2 |
| B2GOLD CORP | [BTG](https://holderbook.com/stocks/BTG/) | $280.5K | 75,000 | 0.0% | 6 |
| LEAD REAL ESTATE CO LTD | [LRE](https://holderbook.com/stocks/LRE/) | $256.4K | 194,256 | 0.0% | 1 |
| NICOLA MNG INC | - | $195.9K | 31,193 | 0.0% | 1 |
| CLIPPER RLTY INC | [CLPR](https://holderbook.com/stocks/CLPR/) | $184.6K | 67,854 | 0.0% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.4% | +14.8% | -1.4% | 98% |
| Q1 2026 | -17.3% | -4.6% | -12.7% | 99% |
| Q4 2025 | +22.4% | +2.4% | +20.0% | 98% |
| Q3 2025 | +12.3% | +7.8% | +4.5% | 99% |
| Q2 2025 | +40.7% | +10.5% | +30.3% | 98% |
| Q1 2025 | +5.3% | -4.6% | +9.9% | 97% |
| Q4 2024 | -2.2% | +2.1% | -4.4% | 100% |
| Q3 2024 | +5.6% | +5.4% | +0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $576.3M | 44 |
| Q1 2026 | $174.5M | 44 |
| Q4 2025 | $205.2M | 48 |
| Q3 2025 | $167.4M | 39 |
| Q2 2025 | $113.6M | 29 |
| Q1 2025 | $138.4M | 33 |
| Q4 2024 | $161.8M | 28 |
| Q3 2024 | $113.4M | 28 |
| Q2 2024 | $100.1M | 33 |
| Q1 2024 | $79.4M | 34 |
| Q4 2023 | $87.9M | 44 |
| Q3 2023 | $78.3M | 43 |