Latest Arbiter Partners Capital Management LLC Stock Portfolio

Arbiter Partners Capital Management LLC Performance:

2025 Q4: 21.21%YTD: 98.83%2024: 28.52%

Performance for 2025 Q4 is 21.21%, and YTD is 98.83%, and 2024 is 28.52%.

About Arbiter Partners Capital Management LLC and 13F Hedge Fund Stock Holdings

Arbiter Partners Capital Management LLC is a hedge fund based in New York, NY. On 2026-02-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, Arbiter Partners Capital Management LLC reported an equity portfolio of $205.2 Millions as of 31 Dec, 2025.

The top stock holdings of Arbiter Partners Capital Management LLC are , GEF, CRBG. The fund has invested 43.2% of it's portfolio in GRAIL INC and 7.2% of portfolio in GREIF INC-CL B.

The fund managers got completely rid off JBG SMITH PROPERTIES (JBGS) and EMX ROYALTY CORP (EMX) stocks. They significantly reduced their stock positions in SENECA FOODS CORP - CL A (SENEA), DEVON ENERGY CORP (DVN) and SONIDA SENIOR LIVING INC (SNDA). Arbiter Partners Capital Management LLC opened new stock positions in OPORTUN FINANCIAL CORP (OPRT), AVIDIA BANCORP INC and LESLIE'S INC (LESL). The fund showed a lot of confidence in some stocks as they added substantially to VOX ROYALTY CORP (VOXR), OSISKO DEVELOPMENT CORP (ODV) and NAVIENT CORP (NAVI).

Arbiter Partners Capital Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Arbiter Partners Capital Management LLC made a return of 21.21% in the last quarter. In trailing 12 months, it's portfolio return was 98.83%.

Performance
S&P 500

New Buys

Ticker	$ Bought
oportun financial corp	746,467
avidia bancorp inc	551,368
elemental royalty corp	458,750
leslie's inc	392,101
gold royalty corp	317,544
mount logan capital inc	292,919
olin corp	268,707
metalla royalty & streaming	264,520

New stocks bought by Arbiter Partners Capital Management LLC

Additions

Ticker	% Inc.
vox royalty corp	409
osisko development corp	175
navient corp	46.67
corebridge financial inc	43.15
triple flag precious met	33.33
marti technologies inc	32.78
cbl & associates properties	24.52
omniab inc	19.97

Additions to existing portfolio by Arbiter Partners Capital Management LLC

Reductions

Ticker	% Reduced
seneca foods corp - cl a	-50.16
devon energy corp	-30.77
sonida senior living inc	-16.46
grail inc	-0.03

Arbiter Partners Capital Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
emx royalty corp	-1,060,460
jbg smith properties	-1,740,150

Arbiter Partners Capital Management LLC got rid off the above stocks

Sector Distribution

Arbiter Partners Capital Management LLC has about 60.1% of it's holdings in Others sector.

Sector	%
Others	60.1
Financial Services	14.3
Healthcare	9.7
Consumer Cyclical	8.4
Communication Services	4.1
Real Estate	2.6

Market Cap. Distribution

Arbiter Partners Capital Management LLC has about 6.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	60.1
MID-CAP	14.5
SMALL-CAP	13.9
LARGE-CAP	4.9
MICRO-CAP	4.4
MEGA-CAP	2

Stocks belong to which Index?

About 24.9% of the stocks held by Arbiter Partners Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	75.1
RUSSELL 2000	22.4
S&P 500	2.5

Top 5 Winners (%)		%
	grail inc	44.7 %
ARVN	arvinas inc	39.2 %
GOOG	alphabet inc-cl a	28.8 %
GEF	greif inc-cl b	21.2 %
SPNT	siriuspoint ltd	21.0 %

Top 5 Winners ($)		$
	grail inc	27.4 M
GEF	greif inc-cl b	2.6 M
ARVN	arvinas inc	1.5 M
SNDA	sonida senior living inc	0.9 M
GOOG	alphabet inc-cl a	0.8 M

Top 5 Losers (%)		%
STXS	stereotaxis inc	-25.9 %
LEN	lennar corp - b shs	-20.7 %
LILA	liberty latin americ-cl c	-11.6 %
LILA	liberty latin americ-cl a	-10.9 %
BTG	b2gold corp	-8.9 %

Top 5 Losers ($)		$
STXS	stereotaxis inc	-2.3 M
CRBG	corebridge financial inc	-0.4 M
LILA	liberty latin americ-cl c	-0.4 M
LILA	liberty latin americ-cl a	-0.1 M
LEN	lennar corp - b shs	-0.1 M

Arbiter Partners Capital Management LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Arbiter Partners Capital Management LLC

Arbiter Partners Capital Management LLC has 43 stocks in it's portfolio. About 73.1% of the portfolio is in top 10 stocks. STXS proved to be the most loss making stock for the portfolio. was the most profitable stock for Arbiter Partners Capital Management LLC last quarter.

Last Reported on: 12 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ARVN	arvinas inc	2.62	452,789	5,370,080	unchanged	0.00

BTG	b2gold corp	0.06	25,000	112,750	unchanged	0.00

CBL	cbl & associates properties	2.17	120,244	4,449,030	added	24.52

CLPR	clipper realty inc	0.04	22,618	86,401	unchanged	0.00

CRBG	corebridge financial inc	3.97	270,055	8,147,560	added	43.15

DVN	devon energy corp	0.16	9,000	329,670	reduced	-30.77

EMX	emx royalty corp	0.00	0.00	0.00	sold off	-100

GEF	greif inc-cl b	7.17	197,033	14,716,400	unchanged	0.00

GNW	genworth financial inc	2.14	487,400	4,401,220	unchanged	0.00

GOOG	alphabet inc-cl a	1.83	12,000	3,756,000	unchanged	0.00

GROY	gold royalty corp	0.16	78,600	317,544	new

JBGS	jbg smith properties	0.00	0.00	0.00	sold off	-100

LEN	lennar corp - b shs	0.26	5,629	535,430	unchanged	0.00

LESL	leslie's inc	0.19	237,637	392,101	new

LILA	liberty latin americ-cl c	1.31	359,048	2,678,500	unchanged	0.00

LILA	liberty latin americ-cl a	0.59	164,481	1,215,520	unchanged	0.00

MTA	metalla royalty & streaming	0.13	34,000	264,520	new

MTG	mgic investment corp	1.05	74,000	2,162,280	unchanged	0.00

NAVI	navient corp	0.98	155,094	2,016,220	added	46.67

NMM	navios maritime partners lp	0.63	24,800	1,300,260	unchanged	0.00