Arbiter Partners Capital Management LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| GRAIL INC | GRAL | $141.2M | 2,068,594 | +6.55pp | 9q | +99.9%+$70.6M | |
| GREIF INC | GEFB | $36.3M | 387,542 | -0.24pp | 31q | +98.7%+$18.0M | |
| COREBRIDGE FINL INC | CRBG | $22.7M | 794,310 | +2.79pp | 15q | +239.9%+$16.1M | |
| TESLA INC OPT | TSLA | $17.3M | options only | -5.96pp | 4q | OPTIONS | |
| SONIDA SENIOR LIVING INC | SNDA | $16.4M | 404,282 | +1.54pp | 23q | +165.6%+$10.2M | |
| OPPENHEIMER HLDGS INC | OPY | $14.1M | 133,198 | +0.89pp | 16q | +142.2%+$8.3M | |
| SIRIUSPOINT LTD | SPNT | $11.6M | 485,064 | +0.59pp | 19q | +141.5%+$6.8M | |
| CBL & ASSOC PPTYS INC | CBL | $11.6M | 218,488 | +0.65pp | 4q | +100.0%+$5.8M | |
| NAVIENT CORPORATION | NAVI | $11.3M | 1,325,096 | +0.57pp | 4q | +158.5%+$6.9M | |
| OSISKO DEVELOPMENT CORP | ODV | $10.6M | 4,324,992 | -1.09pp | 6q | +107.2%+$5.5M | |
| GENWORTH FINL INC | GNW | $10.2M | 1,080,248 | +0.43pp | 6q | +121.6%+$5.6M | |
| SHINHAN FINANCIAL GROUP CO L | SHG | $8.5M | 134,338 | - | new | NEW | |
| ATRIUM THERAPEUTICS INC | RNA | $7.0M | 522,576 | +0.09pp | 2q | +127.2%+$3.9M | |
| ELEMENTAL RTY CORP | ELE | $5.9M | 336,634 | -0.27pp | 3q | +100.0%+$2.9M | |
| VERMILION ENERGY INC | VET | $5.0M | 533,476 | -0.79pp | 4q | +100.0%+$2.5M | |
| STEREOTAXIS INC | STXS | $5.0M | 2,883,856 | -1.73pp | 28q | HELD | |
| MGIC INVT CORP WIS | MTG | $4.9M | 174,000 | -0.02pp | 16q | +100.0%+$2.5M | |
| ARVINAS INC | ARVN | $4.9M | 589,188 | - | new | NEW | |
| LIBERTY LATIN AMERICA LTD | LILAK | $4.7M | 598,096 | -0.33pp | 25q | +93.5%+$2.3M | |
| TAMBORAN RES CORP | TBN | $4.4M | 134,424 | -0.77pp | 4q | +100.0%+$2.2M | |
| TRIPLE FLAG PRECIOUS METAL | TFPM | $3.5M | 116,952 | -0.24pp | 6q | +100.0%+$1.8M | |
| NAVIOS MARITIME PARTNERS L P | NMM | $3.5M | 49,600 | -0.04pp | 4q | +100.0%+$1.7M | |
| COMMUNITY WEST BANCSHARES NE | CWBC | $2.8M | 104,128 | +0.15pp | 6q | +137.4%+$1.6M | |
| LIBERTY LATIN AMERICA LTD | LILA | $2.6M | 328,962 | -0.14pp | 24q | +100.0%+$1.3M | |
| NI HLDGS INC | NODK | $2.0M | 125,184 | +0.14pp | 20q | +143.6%+$1.2M | |
| WEATHERFORD INTL PLC | WFRD | $1.6M | 20,000 | -0.11pp | 4q | +100.0%+$815.0K | |
| ARBOR REALTY TRUST INC OPT | ABR | $1.5M | options only | -1.47pp | 4q | OPTIONS | |
| OPORTUN FINL CORP | OPRT | $1.4M | 244,212 | -0.14pp | 3q | +27.1%+$297.5K | |
| AVIDIA BANCORP INC | AVBC | $1.4M | 65,600 | -0.01pp | 3q | +100.0%+$688.5K | |
| LENNAR CORP | LENB | $998.7K | 11,258 | -0.01pp | 31q | +100.0%+$499.3K | |
| OMNIAB INC | OABI | $947.5K | 385,170 | +0.08pp | 4q | +100.0%+$473.8K | |
| MARTI TECHNOLOGIES INC | MRT | $846.5K | 646,152 | -0.11pp | 7q | +125.7%+$471.5K | |
| METALLA RTY & STREAMING LTD | MTA | $517.5K | 68,000 | +0.01pp | 3q | +100.0%+$258.7K | |
| OLIN CORP | OLN | $511.4K | 25,800 | -0.09pp | 3q | +100.0%+$255.7K | |
| TEJON RANCH CO | TRC | $485.9K | 25,986 | -0.01pp | 31q | +100.0%+$243.0K | |
| GOLD ROYALTY CORP | GROY | $433.9K | 157,200 | -0.05pp | 3q | +100.0%+$216.9K | |
| MOUNT LOGAN CAP INC | MLCI | $244.3K | 71,010 | -0.01pp | 3q | +100.0%+$122.1K | |
| VOX ROYALTY CORP | VOXR | $226.3K | 47,840 | -0.31pp | 4q | -60.8%-$350.4K | |
| BURFORD CAPITAL LIMITED | BUR | $221.4K | 54,000 | -0.01pp | 2q | +100.0%+$110.7K | |
| B2GOLD CORP | BTG | $187.0K | 50,000 | -0.02pp | 6q | +100.0%+$93.5K | |
| LEAD REAL ESTATE CO LTD | LRE | $170.9K | 129,504 | - | new | NEW | |
| CLIPPER RLTY INC | CLPR | $123.0K | 45,236 | -0.01pp | 31q | +100.0%+$61.5K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Healthcare Services | $157.6M | 41.5% |
| Insurance | $51.5M | 13.6% |
| Industrials | $37.9M | 10.0% |
| Capital Markets | $25.6M | 6.7% |
| Autos & Aerospace | $17.3M | 4.6% |
| Banks & Lending | $14.3M | 3.8% |
| Real Estate | $13.7M | 3.6% |
| Biotech & Pharma | $12.9M | 3.4% |
| Energy | $9.4M | 2.5% |
| Mining & Metals | $7.2M | 1.9% |
| Telecom & Media | $7.2M | 1.9% |
| Other sectors | $14.5M | 3.8% |
| Not classified | $10.6M | 2.8% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $379.7M | 42 | 3 | 35 | 1 | 5 | 77.2% | 41 |
| Q1 2026 | $174.5M | 44 | 3 | 7 | 9 | 7 | 71.5% | 42 |
| Q4 2025 | $205.2M | 48 | 11 | 12 | 3 | 2 | 77.7% | 43 |
| Q3 2025 | $167.4M | 39 | 13 | 4 | 2 | 3 | 76.6% | 43 |
| Q2 2025 | $113.6M | 29 | 0 | 7 | 6 | 4 | 88.9% | 45 |
| Q1 2025 | $138.4M | 33 | 9 | 5 | 2 | 4 | 87.8% | 43 |
| Q4 2024 | $161.8M | 28 | 2 | 5 | 5 | 2 | 91.3% | 44 |
| Q3 2024 | $113.4M | 28 | 2 | 1 | 4 | 7 | 89.7% | 44 |
| Q2 2024 | $100.1M | 33 | 2 | 1 | 3 | 3 | 84.2% | 44 |
| Q1 2024 | $79.4M | 34 | 1 | 4 | 3 | 11 | 76.3% | 45 |
| Q4 2023 | $87.9M | 44 | 5 | 1 | 11 | 4 | 69.8% | 43 |
| Q3 2023 | $78.3M | 43 | 2 | 2 | 3 | 2 | 63.2% | 44 |
| Q2 2023 | $93.4M | 43 | 7 | 3 | 11 | 6 | 64.1% | 45 |
| Q1 2023 | $107.0M | 42 | 6 | 4 | 8 | 10 | 68.3% | 40 |
| Q4 2022 | $115.8M | 46 | 8 | 4 | 4 | 0 | 66.8% | 45 |
| Q3 2022 | $156.9M | 38 | 8 | 3 | 9 | 2 | 80.8% | 45 |
| Q2 2022 | $160.8M | 32 | 1 | 10 | 10 | 2 | 87.1% | 46 |
| Q1 2022 | $190.4M | 33 | 3 | 6 | 4 | 6 | 84.4% | 46 |
| Q4 2021 | $823.8M | 36 | 4 | 2 | 28 | 4 | 96.0% | 117 |
| Q3 2021 | $1.3B | 36 | 5 | 26 | 2 | 2 | 94.8% | 46 |
| Q2 2021 | $601.3M | 33 | 3 | 0 | 15 | 12 | 94.5% | 47 |
| Q1 2021 | $1.4B | 42 | 5 | 7 | 11 | 7 | 96.6% | 47 |
| Q4 2020 | $831.2M | 44 | 7 | 2 | 14 | 11 | 93.8% | 47 |
| Q3 2020 | $2.2B | 48 | 5 | 4 | 5 | 4 | 97.5% | 47 |
| Q2 2020 | $1.3B | 47 | 6 | 11 | 8 | 6 | 97.1% | 45 |
| Q1 2020 | $671.9M | 47 | 9 | 8 | 4 | 4 | 95.6% | 45 |
| Q4 2019 | $689.2M | 42 | 2 | 3 | 6 | 8 | 94.6% | 45 |
| Q3 2019 | $549.5M | 48 | 4 | 0 | 27 | 5 | 87.5% | 45 |
| Q2 2019 | $978.2M | 49 | 11 | 29 | 0 | 8 | 88.8% | 45 |
| Q1 2019 | $495.5M | 46 | 1 | 2 | 15 | 11 | 85.9% | 45 |
| Q4 2018 | $895.5M | 56 | 0 | 0 | 0 | 0 | 83.3% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.