Arbiter Partners Capital Management LLC
Arbiter Partners Capital Management LLC reported 42 US-listed holdings worth $548.1 million in its 13F for the quarter ended 30 June 2026, filed 15 September 2026. Its largest: Grail, Inc. (38.7%), Greif Inc. (9.9%) and Corebridge Financial, Inc. (6.2%). Against the quarter before, it opened 5 positions, added to 36, trimmed 1 and sold out of 3.
The 14 largest of its 42 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +86.7% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 5
- Shinhan Financial Group Co. Ltd. SHG$12.7 million
- Arvinas Inc. ARVN$7.3 million
- Silver Bow MNG Corp. SBMT$6.5 million
- Lead Real Estate Co. Ltd LRE$256,419
- Nicola MNG Inc. NICM$195,892
Added to 36
- Grail, Inc. GRAL+2.1 million shares · +200%
- Greif Inc. GEFB+386,280 shares · +198%
- Corebridge Financial, Inc. CRBG+957,810 shares · +410%
- Sonida Senior Living Inc. SNDA+392,948 shares · +258%
- Oppenheimer Hldgs Inc. OPY+144,798 shares · +263%
- SiriusPoint Ltd. SPNT+526,764 shares · +262%
- Navient Corp. NAVI+1.5 million shares · +288%
- CBL & Assoc Pptys INC CBL+218,488 shares · +200%
and 28 more in the table below
Trimmed 1
- Vox Royalty Corp. VOXR-50,160 shares · -41%
Sold out of 3
- Microsoft Corp. MSFT$740,340 last quarter
- Alphabet Inc. GOOGL$718,900 last quarter
- Devon Energy Corp. DVN$201,280 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Grail, Inc. GRAL | 3.1M | $211.8 million | 38.65% | +2.1M |
| Greif Inc. GEFB | 581.3K | $54.4 million | 9.92% | +386.3K |
| Corebridge Financial, Inc. CRBG | 1.2M | $34.1 million | 6.22% | +957.8K |
| Sonida Senior Living Inc. SNDA | 545.2K | $22.2 million | 4.04% | +392.9K |
| Oppenheimer Hldgs Inc. OPY | 199.8K | $21.1 million | 3.85% | +144.8K |
| SiriusPoint Ltd. SPNT | 727.6K | $17.5 million | 3.19% | +526.8K |
| CBL & Assoc Pptys INC CBL | 327.7K | $17.4 million | 3.17% | +218.5K |
| Navient Corp. NAVI | 2.0M | $16.9 million | 3.09% | +1.5M |
| Osisko Development Corp. ODV | 6.5M | $16.0 million | 2.91% | +4.4M |
| Genworth Financial Inc. GNW | 1.6M | $15.3 million | 2.80% | +1.1M |
| Shinhan Financial Group Co. Ltd. SHG | 201.5K | $12.7 million | 2.33% | new |
| Atrium Therapeutics Inc. RNA | 783.9K | $10.5 million | 1.92% | +553.9K |
| Stereotaxis Inc. STXS | 5.8M | $9.9 million | 1.81% | +2.9M |
| Elemental Rty Corp. ELE | 505.0K | $8.8 million | 1.61% | +336.6K |
| Vermilion Energy Inc. VET | 800.2K | $7.5 million | 1.37% | +533.5K |
| Mgic Investment Corp. MTG | 261.0K | $7.4 million | 1.34% | +174.0K |
| Arvinas Inc. ARVN | 883.8K | $7.3 million | 1.34% | new |
| Liberty Latin America Ltd LILAK | 897.1K | $7.0 million | 1.28% | +588.1K |
| Tamboran Res Corp. TBN | 201.6K | $6.6 million | 1.20% | +134.4K |
| Silver Bow MNG Corp. SBMT | 958.0K | $6.5 million | 1.18% | new |
| Triple Flag Precious Metal TFPM | 175.4K | $5.3 million | 0.96% | +117.0K |
| Navios Maritime Partners L P Com Unit Lpi NMM | 74.4K | $5.2 million | 0.95% | +49.6K |
| Community West Bancshares Ne CWBC | 156.2K | $4.2 million | 0.77% | +112.3K |
| Liberty Latin America Ltd LILA | 493.4K | $3.9 million | 0.71% | +329.0K |
| Ni Hldgs Inc. NODK | 187.8K | $2.9 million | 0.54% | +136.4K |
| Weatherford International plc WFRD | 30.0K | $2.4 million | 0.45% | +20.0K |
| Oportun Financial Corp. OPRT | 366.3K | $2.1 million | 0.38% | +174.2K |
| Avidia Bancorp Inc. AVBC | 98.4K | $2.1 million | 0.38% | +65.6K |
| Lennar Corp. LENB | 16.9K | $1.5 million | 0.27% | +11.3K |
| Omniab, Inc. OABI | 577.8K | $1.4 million | 0.26% | +385.2K |
| Marti Technologies Inc. MRT | 969.2K | $1.3 million | 0.23% | +683.0K |
| Metalla Rty & Streaming Ltd Com New MTA | 102.0K | $776,220 | 0.14% | +68.0K |
| Olin Corp. OLN | 38.7K | $767,034 | 0.14% | +25.8K |
| Tejon Ranch Co. TRC | 39.0K | $728,909 | 0.13% | +26.0K |
| Gold Royalty Corp. GROY | 235.8K | $650,808 | 0.12% | +157.2K |
| Mount Logan Cap Inc. MLCI | 106.5K | $366,414 | 0.07% | +71.0K |
| Vox Royalty Corp. VOXR | 71.8K | $339,426 | 0.06% | -50.2K |
| Burford Cap Ltd BUR | 81.0K | $332,100 | 0.06% | +54.0K |
| B2GOLD Corp. BTG | 75.0K | $280,500 | 0.05% | +50.0K |
| Lead Real Estate Co. Ltd LRE | 194.3K | $256,419 | 0.05% | new |
| Nicola MNG Inc. NICM | 31.2K | $195,892 | 0.04% | new |
| Clipper Rlty Inc. CLPR | 67.9K | $184,563 | 0.03% | +45.2K |
Read more
Change is shares against its 13F for the quarter before; the 3 it sold out of are in the box above.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| Tesla, Inc. TSLA | Puts | 61.8K | $26.0 million |
| Arbor Realty Trust Inc. ABR | Puts | 407.1K | $2.2 million |
2 option lines. A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.