SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Arbiter Partners Capital Management LLC

CIK 0001513193 · 530 FIFTH AVENUE, 20TH FLOOR, NEW YORK, NY, 10036 · 212-650-4660

Reported Value
$93M
Q2 2023
Positions
45
Filings on Record
33
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Arbiter Partners Capital Management LLC reported $93M in U.S.-listed holdings across 45 positions for Q2 2023.

Its largest position, GEF/B, represents 16.5% of the portfolio.

Compared with Q1 2023, the fund opened 7 new positions and exited 6.

Portfolio Metrics

Turnover
+22.2%
vs prior filed quarter
Top-10 Concentration
+48.4%
share of reported value
Largest Position
+16.5%
Greif
New / Exited
7 / 6
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $895MQ4 ’18Q1 ’19: $495MQ2 ’19: $978MQ3 ’19: $549MQ4 ’19: $689MQ4 ’19Q1 ’20: $672MQ2 ’20: $1.3BQ3 ’20: $2.2BQ4 ’20: $831MQ4 ’20Q1 ’21: $1.4BQ2 ’21: $601MQ3 ’21: $1.3BQ4 ’21: $821MQ4 ’21Q1 ’22: $190MQ2 ’22: $161MQ3 ’22: $157MQ4 ’22: $116MQ4 ’22Q1 ’23: $107MQ2 ’23: $93MQ3 ’23: $78MQ4 ’23: $88MQ4 ’23Q1 ’24: $79MQ2 ’24: $100MQ3 ’24: $113MQ4 ’24: $162MQ4 ’24Q1 ’25: $138MQ2 ’25: $114MQ3 ’25: $167MQ4 ’25: $205MQ4 ’25Q1 ’26: $175Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 70.5%Other: 17.9%REIT: 7.7%ETP: 4.0%
  • Common Stock · 70.5% · $66M
  • Other · 17.9% · $17M
  • REIT · 7.7% · $7M
  • ETP · 4.0% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLXCLOROX COMPANYNEW+31.0K31.0K+$5M$5M
LABORATORY CRP OF AMER HLDGSNEW+17.0K17.0K+$4M$4M
NOBLE CORP PLCNEW+50.0K50.0K+$2M$2M
CUBECUBESMARTNEW+33.0K33.0K+$1M$1M
AAPLAPPLE INCNEW+4.7K4.7K+$911,659$911,659
FSEAFIRST SEACOAST BANCORP INCNEW+90.4K90.4K+$725,152$725,152
WDFCWD-40 CONEW+3.6K3.6K+$679,140$679,140
TSLATESLA INCADDED+11.3K19.7K+$3M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GEF/BGREIF INC-CL Bhistory →COM16.46%$15M199.1K
2LIBERTY LATIN AMERIC-CL CCOM8.58%$8M927.1K
3SNDASONIDA SENIOR LIVING INChistory →COM6.87%$6M513.0K
4RJR1STEREOTAXIS INChistory →COM4.21%$4M2.57M
5SPWHSPORTSMAN'S WAREHOUSE HOLDINhistory →COM4.08%$4M668.9K
6JXNJACKSON FINANCIAL INC-Ahistory →COM2.39%$2M72.9K
7LABORATORY CRP OF AMER HLDGSCOM2.09%$2M8.1K
8GEGGREAT ELM GROUP INChistory →COM2.02%$2M921.8K
9NWLIEURNATIONAL WESTERN LIFE GROU-Ahistory →COM1.67%$2M3.8K
10LNCLINCOLN NATIONAL CORPhistory →COM1.52%$1M55.0K
11CRBGCOREBRIDGE FINANCIAL INChistory →COM1.49%$1M78.5K
12CPTAUSDLOGAN RIDGE FINANCE CORPhistory →COM1.36%$1M61.1K
13MTGMGIC INVESTMENT CORPhistory →COM1.25%$1M74.0K
14TRANSOCEAN LTDCOM1.23%$1M163.5K
15WRKUSDWESTROCK COhistory →COM1.18%$1M38.1K
16FGF&G ANNUITIES & LIFE INChistory →COM1.12%$1M42.1K
17SIRIUSPOINT LTDCOM1.03%$963,925106.7K
18DVNDEVON ENERGY CORPCOM0.93%$872,24718.0K
19LEN/BLENNAR CORP - B SHSCOM0.93%$868,4777.7K
20FSEAFIRST SEACOAST BANCORP INCCOM0.78%$725,15290.4K
21SENEBSENECA FOODS CORP - CL BCOM0.49%$458,35913.8K
22COMMUNITY WEST BANCSHARESCOM0.46%$433,37835.7K
23OPYOPPENHEIMER HOLDINGS-CL ACOM0.43%$401,80010.0K
24FIRST FINANCIAL NORTHWESTCOM0.37%$341,10030.0K
25NODKNI HOLDINGS INCCOM0.32%$302,82120.4K
26TRCTEJON RANCH COCOM0.27%$253,71014.7K
27CLPRCLIPPER REALTY INCCOM0.14%$128,75422.7K
28RBKBRHINEBECK BANCORP INCCOM0.12%$107,82116.0K
29BATLBATTALION OIL CORPCOM0.11%$102,54618.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$175M45May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$205M49Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$167M40Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$114M30Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$138M34May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$162M29Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$113M28Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$100M33Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$79M34May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$88M45Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$78M45Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$93M45Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$107M43May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$116M47Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$157M39Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$161M33Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$190M33May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$821M36Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021REVEALED$1.3B71Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$601M33Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.4B43May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$831M46Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.2B50Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B49Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$672M52May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$689M43Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$549M51Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019REVEALED$978M91Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$495M46May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$895M57Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Broken Clock Management LLC
  • Arbiter Partners QP LP

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.