Arbiter Partners Capital Management LLC
Filing Date
Global Rank
#4,793
/ 8,622
▼ 314
· as of Mar 2026
Top Industry
Diagnostics & Research
34.7%
3Y Alpha vs SPY
+33.1%
Period ended 4 months ago
Filed May 12, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Not a measure of this manager's performance.
Most of Arbiter Partners Capital Management LLC's reported book is option positions, which a stock-only clone
cannot replicate. The figures below are the return of the
62% that is ordinary stock — as little as
33% in one quarter — so a manager whose options
thesis lost money can still show a large gain here.
Cloned portfolio
+250.5%
SPY
+67.9%
Annualised alpha
+33.1%
Max drawdown
−38.1%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 62% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
41 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
34.7%
−12.8 pts
Top 5
58.0%
−8.3 pts
Top 10
72.6%
−7.3 pts
HHI
1,474
Diversified−936
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 43.5% | $67,061,174 |
| Financial Services | 19.5% | $30,119,173 |
| Consumer Cyclical | 11.9% | $18,364,450 |
| Basic Materials | 8.8% | $13,627,590 |
| Energy | 5.3% | $8,182,656 |
| Real Estate | 4.9% | $7,502,439 |
| Communication Services | 3.2% | $4,958,112 |
| Technology | 1.7% | $2,556,419 |
| Industrials | 1.2% | $1,918,292 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
10 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OGG | Osisko Gold Group Inc. | +1,149,642 | 2,087,496 | $6,784,362 | |
| NAVI | Navient Corp | +357,454 | 512,548 | $4,192,642 | |
| ELE | Elemental Royalty Corp | +141,284 | 168,317 | $3,171,092 | |
| ABR | Arbor Realty Trust Inc | +66,100 | 419,700 | $3,235,887 | |
| MRT | Marti Technologies, Inc. | +56,319 | 286,254 | $572,508 | |
| OPRT | Oportun Financial Corp | +50,997 | 192,106 | $885,608 | |
| TSLA | Tesla, Inc. | +20,600 | 49,400 | $18,364,450 | |
| MTG | Mgic Investment Corp | +13,000 | 87,000 | $2,283,750 | |
| MET | Metlife Inc | +10,000 | 20,000 | $1,414,400 | |
| TBN | Tamboran Resources Corp | +10,000 | 67,212 | $3,359,927 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
8 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CRBG | Corebridge Financial, Inc. | −36,400 | 233,655 | $5,575,008 | |
| SNDA | Sonida Senior Living, Inc. | −30,593 | 152,231 | $4,909,449 | |
| TFPM | Triple Flag Precious Metals Corp. | −13,524 | 58,476 | $2,029,701 | |
| CBL | Cbl & Associates Properties Inc | −11,000 | 109,244 | $4,198,246 | |
| DVN | Devon Energy Corp/De | −5,000 | 4,000 | $201,280 | |
| GOOGL | Alphabet Inc. | −4,600 | 12,300 | $3,536,988 | |
| GRAL | GRAIL, Inc. | −1,000 | 1,034,597 | $53,467,972 | |
| TRC | Tejon Ranch Co | −749 | 12,993 | $244,788 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
4 positions
Sold Out
Positions the filer fully exited
6 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SHG | Shinhan Financial Group Co Ltd | 138,169 | $7,410,003 | |
| ARVN | Arvinas, Inc. | 452,789 | $5,370,077 | |
| LESL | Leslie's, Inc. | 237,637 | $392,101 | |
| RITM | Rithm Capital Corp. | 20,000 | $218,000 | |
| SENEA | Seneca Foods Corp | 1,839 | $201,480 | |
| LRE | Lead Real Estate Co., Ltd | 18,495 | $29,037 | |
| No positions match the current search. | ||||
41 tracked positions ·
$154,290,305 total
· filing declares
45 positions · $174,508,441
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GRAL |
GRAIL, Inc.
Healthcare
|
Reduced | 1,034,597 | $53,467,972 | 34.65% | |
| TSLA |
Tesla, Inc.
PUT
Consumer Cyclical
|
Added | 49,400 | $18,364,450 | 11.90% | |
| OGG |
Osisko Gold Group Inc.
Basic Materials
|
Added | 2,087,496 | $6,784,362 | 4.40% | |
| CRBG |
Corebridge Financial, Inc.
Financial Services
|
Reduced | 233,655 | $5,575,008 | 3.61% | |
| STXS |
Stereotaxis, Inc.
Healthcare
|
Held | 2,883,856 | $5,306,295 | 3.44% | |
| SNDA |
Sonida Senior Living, Inc.
Healthcare
|
Reduced | 152,231 | $4,909,449 | 3.18% | |
| OPY |
Oppenheimer Holdings Inc
Financial Services
|
Held | 54,999 | $4,905,360 | 3.18% | |
| SPNT |
SiriusPoint Ltd
Financial Services
|
Held | 200,832 | $4,325,921 | 2.80% | |
| CBL |
Cbl & Associates Properties Inc
Real Estate
|
Reduced | 109,244 | $4,198,246 | 2.72% | |
| NAVI |
Navient Corp
Financial Services
|
Added | 512,548 | $4,192,642 | 2.72% | |
| GNW |
Genworth Financial Inc
Financial Services
|
Held | 487,400 | $3,957,688 | 2.57% | |
| VET |
Vermilion Energy Inc.
Energy
|
Held | 266,738 | $3,675,649 | 2.38% | |
| GOOGL |
Alphabet Inc.
CALL
+ SHARES
Communication Services
|
Reduced | 12,300 | $3,536,988 | 2.29% | |
| TBN |
Tamboran Resources Corp
Energy
|
Added | 67,212 | $3,359,927 | 2.18% | |
| ABR |
Arbor Realty Trust Inc
PUT
Real Estate
|
Added | 419,700 | $3,235,887 | 2.10% | |
| ELE |
Elemental Royalty Corp
Basic Materials
|
Added | 168,317 | $3,171,092 | 2.06% | |
| RNA |
Atrium Therapeutics, Inc.
Healthcare
|
NEW | 230,000 | $3,075,100 | 1.99% | |
| MTG |
Mgic Investment Corp
Financial Services
|
Added | 87,000 | $2,283,750 | 1.48% | |
| TFPM |
Triple Flag Precious Metals Corp.
Basic Materials
|
Reduced | 58,476 | $2,029,701 | 1.32% | |
| NMM |
Navios Maritime Partners L.P.
Industrials
|
Held | 24,800 | $1,673,504 | 1.08% | |
| LILA |
Liberty Latin America Ltd.
Communication Services
|
Held | 164,481 | $1,421,124 | 0.92% | |
| MET |
Metlife Inc
CALL
Financial Services
|
Added | 20,000 | $1,414,400 | 0.92% | |
| AAPL |
Apple Inc.
PUT
Technology
|
Held | 4,900 | $1,243,571 | 0.81% | |
| CWBC |
Community West Bancshares
Financial Services
|
Held | 43,864 | $1,022,031 | 0.66% | |
| WFRD |
Weatherford International plc
Energy
|
Held | 10,000 | $945,800 | 0.61% | |
| OPRT |
Oportun Financial Corp
Financial Services
|
Added | 192,106 | $885,608 | 0.57% | |
| MSFT |
Microsoft Corp
Technology
|
NEW | 2,000 | $740,340 | 0.48% | |
| NODK |
NI Holdings, Inc.
Financial Services
|
Held | 51,392 | $662,442 | 0.43% | |
| AVBC |
Avidia Bancorp, Inc.
Financial Services
|
Held | 32,800 | $645,176 | 0.42% | |
| VOXR |
Vox Royalty Corp.
Basic Materials
|
Held | 121,920 | $638,860 | 0.41% | |
| MRT |
Marti Technologies, Inc.
Technology
|
Added | 286,254 | $572,508 | 0.37% | |
| OLN |
OLIN Corp
Basic Materials
|
Held | 12,900 | $383,517 | 0.25% | |
| OABIW |
OmniAb, Inc.
Healthcare
|
Held | 192,585 | $302,358 | 0.20% | |
| GROY |
Gold Royalty Corp.
Basic Materials
|
Held | 78,600 | $281,388 | 0.18% | |
| TRC |
Tejon Ranch Co
Industrials
|
Reduced | 12,993 | $244,788 | 0.16% | |
| MTA |
Metalla Royalty & Streaming Ltd.
Basic Materials
|
Held | 34,000 | $225,420 | 0.15% | |
| DVN |
Devon Energy Corp/De
Energy
|
Reduced | 4,000 | $201,280 | 0.13% | |
| MLCI |
Mount Logan Capital Inc.
Financial Services
|
NEW | 35,505 | $127,107 | 0.08% | |
| BUR |
Burford Capital Ltd
Financial Services
|
NEW | 27,000 | $122,040 | 0.08% | |
| BTG |
B2gold Corp
Basic Materials
|
Held | 25,000 | $113,250 | 0.07% | |
| CLPR |
Clipper Realty Inc.
Real Estate
|
Held | 22,618 | $68,306 | 0.04% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.