Arbiter Partners Capital Management LLC
Sector Allocation
- Healthcare48.8%$88.0M
- Financials26.3%$47.4M
- Industrials11.3%$20.4M
- Materials5.0%$8.9M
- Real Estate3.4%$6.1M
- Energy3.0%$5.5M
- Communication Services2.0%$3.6M
- Consumer Discretionary0.2%$423,230
AUM History
13fpro.ai/research/fund/arbiter-partners-capital-management-llc-1513193
Conviction and streaks
Concentrating · top 10 = 80.6%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
GRAL
$70.6MGEF
$18.1MCRBD
$11.4MSNDA
$10.7MOPY
$7.0MSPNT
$5.8MCBL
$5.8MJSM
$5.6MOGG
$5.3MGNW
$5.1MSHG
$4.2MRNA.R1599901
$3.5MELE
$2.9MVET
$2.5MMTG
$2.5MARVN
$2.4MLILA
$2.3MTBN
$2.2MTFPM
$1.8MNMM
$1.7M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/arbiter-partners-capital-management-llc-1513193
Arbiter Partners Capital Management LLC 13F holdings — Q2 2026
$189.9M portfolio (+8.8% QoQ) · 41 holdings · Q2 2026 13F · top 10 are 81% of the stock portfolio
Includes $9.4M of put/call options ($9.4M puts, $0 calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $180.5M. Weights use the stock portfolio.
$70.6M
39.1% of stocks
-0.0%This quarter+87.0%Since filed9 qtrsHeld$18.1M
10.0% of stocks
-0.6%This quarter-5.3%Since filed10+ qtrsHeld$11.4M
6.3% of stocks
+70%This quarter-3.9%Since filed10+ qtrsHeld$10.7M
6.0% of stocks
+74%This quarter-20.1%Since filed10+ qtrsHeld$7.0M
3.9% of stocks
+21%This quarter-7.7%Since filed10+ qtrsHeld$5.8M
3.2% of stocks
+21%This quarter+13.6%Since filed10+ qtrsHeld$5.8M
3.2% of stocks
No changeThis quarter-10.7%Since filed4 qtrsHeld$5.6M
3.1% of stocks
+29%This quarter-12.5%Since filed4 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row$5.3M
3.0% of stocks
+4%This quarter-9.5%Since filed6 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row$5.1M
2.8% of stocks
+11%This quarter-9.6%Since filed6 qtrsHeld
All holdings — Arbiter Partners Capital Management LLC (Q2 2026)
41 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Tesla, Inc. | Consumer Discretionary | $8.7M | — | 21K | -58% | — | — | 13F | |
| 12 | SHINHAN FINANCIAL GROUP CO LTDadr | Financials | $4.2M | 2.4% | 67K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | Avidity Biosciences, Inc. | Healthcare | $3.5M | 1.9% | 261K | +14% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Elemental Royalty Corp | Materials | $2.9M | 1.6% | 168K | — | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | VERMILION ENERGY INC. | Energy | $2.5M | 1.4% | 267K | — | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | MGIC INVESTMENT CORP | Financials | $2.5M | 1.4% | 87K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | ARVINAS, INC. | Healthcare | $2.4M | 1.4% | 295K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Liberty Latin America Ltd. | Communication Services | $2.3M | 1.3% | 299K | -3% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Tamboran Resources Corp | Energy | $2.2M | 1.2% | 67K | — | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Triple Flag Precious Metals Corp. | Financials | $1.8M | 1.0% | 58K | — | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Navios Maritime Partners L.P. | Industrials | $1.7M | 1.0% | 25K | — | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Community West Bancshares | Financials | $1.4M | 0.8% | 52K | +19% | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Liberty Latin America Ltd. | Communication Services | $1.3M | 0.7% | 164K | — | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | NI Holdings, Inc. | Financials | $983K | 0.5% | 63K | +22% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Weatherford International plc | Energy | $815K | 0.5% | 10K | — | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $ABR PUT | ARBOR REALTY TRUST INC | Real Estate | $735K | — | 136K | -68% | |||
| 27 | $OPRT | Oportun Financial Corp | Financials | $697K | 0.4% | 122K | -36% | |||
| 28 | $AVBC | Avidia Bancorp, Inc. | Financials | $688K | 0.4% | 33K | — | |||
| 29 | $LEN.B | LENNAR CORP /NEW/ | Industrials | $499K | 0.3% | 5,629 | — | |||
| 30 | $OABI | OmniAb, Inc. | Healthcare | $474K | 0.3% | 193K | — | |||
| 31 | $MRT | Marti Technologies, Inc. | Consumer Discretionary | $423K | 0.2% | 323K | +13% | |||
| 32 | $MTA | Metalla Royalty & Streaming Ltd. | Materials | $259K | 0.1% | 34K | — | |||
| 33 | $OLN | OLIN Corp | Healthcare | $256K | 0.1% | 13K | — | |||
| 34 | $TRC | TEJON RANCH CO | Real Estate | $243K | 0.1% | 13K | — | |||
| 35 | $GROY | Gold Royalty Corp. | Materials | $217K | 0.1% | 79K | — | |||
| 36 | $MLCI | Mount Logan Capital Inc. | Financials | $122K | 0.1% | 36K | — | |||
| 37 | $VOXR | VOX ROYALTY CORP. | Materials | $113K | 0.1% | 24K | -80% | |||
| 38 | $BUR | Burford Capital Ltd | Financials | $111K | 0.1% | 27K | — | |||
| 39 | $BTG | B2GOLD CORP | Materials | $94K | 0.1% | 25K | — | |||
| 40 | $LRE | LEAD REAL ESTATE CO., LTD | Industrials | $85K | 0.1% | 65K | New | |||
| 41 | $CLPR | Clipper Realty Inc. | Real Estate | $62K | 0.0% | 23K | — |
What changed in Q2 2026
Against the previous quarter's 13F: 3 new, 11 added to, 7 trimmed, 7 sold out. Share-count changes; largest moves by dollar size first.
New positions (3)
Added to (11)
now $11.4M · held 10+ qtrs
now $10.7M · held 10+ qtrs
now $5.6M · held 4 qtrs, 4 adds in a row
now $7.0M · held 10+ qtrs
now $5.8M · held 10+ qtrs
now $5.1M · held 6 qtrs
+5 more in the Excel export
Trimmed (7)
$TSLAPUTTesla, Inc.-58%
now $8.7M
$ABRPUTARBOR REALTY TRUST INC-68%
now $735K
$VOXRVOX ROYALTY CORP.-80%
now $113K · held 4 qtrs
$OPRTOportun Financial Corp-36%
now $697K · held 3 qtrs
now $18.1M · held 10+ qtrs
now $2.3M · held 10+ qtrs, 2 trims in a row
+1 more in the Excel export
Holdings by quarter
Every 13F Arbiter Partners Capital Management LLC has filed, 38 earlier quarters. Pick one to see what it held then.
Is it too late to follow Arbiter Partners Capital Management?
Q2 2026 13F filed with the SEC on Aug 10, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Arbiter Partners Capital Management's top 20 holdings: 41/100 (our AI quality score, weighted by position size; 11 of the 20 are scored)
Top 10 since filing
+38.3%
Value-weighted move of the 10 largest stock positions
Turnover
5%
Last quarter; 18% over the last 4
Top 10 weight
81%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
91%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Arbiter Partners Capital Management LLC disclosed 41 positions worth $189.9M in its Form 13F-HR for Q2 2026 — $180.5M in common stock plus $9.4M of put/call option positions (reported at underlying notional value, not premium at risk), led by $GRAL (GRAIL, Inc.) at 39.1% of the equity portfolio, followed by $GEF and $CRBD. During the quarter the fund opened 3 new positions and exited 7 — including a new stake in $SHG and a full exit from $STXS. The portfolio is most concentrated in Healthcare (48.8% of disclosed assets). All figures are sourced directly from Arbiter Partners Capital Management LLC’s Form 13F-HR filing with the SEC under CIK 1513193.
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AI-Powered Hedge Fund Analysis: Arbiter Partners Capital Management LLC
13F Pro is an AI hedge fund tracker and stock research platform. For Arbiter Partners Capital Management LLC (SEC CIK: 1513193), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
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