Arbiter Partners Capital Management LLC Hedge Fund

Location: New York, NY

CIK: 0001513193 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value: $689M (100.0% shares, 0.0% debt)

Holdings (43)

TSLA TESLA INC 61.0%

Value $420M Shares 1,205,900 Est. Cost — Unrealized —

MSI MOTOROLA SOLUTIONS INC 13.1%

Value $90.45M Shares 561,300 Est. Cost — Unrealized —

— COWEN INC - A 3.8%

Value $26.21M Shares 1,664,180 Est. Cost $15.42 Unrealized —

BMI BADGER METER INC 3.8%

Value $26.02M Shares 400,700 Est. Cost — Unrealized —

STXS STEREOTAXIS INC 3.6%

Value $24.74M Shares 4,677,385 Est. Cost $2.92 Unrealized +35.9%

ASHR XTRACKERS HARVEST CSI 300 CH 2.9%

Value $20.23M Shares 682,400 Est. Cost — Unrealized —

GEF/B GREIF INC-CL B 2.3%

Value $15.75M Shares 304,234 Est. Cost $29.12 Unrealized +25.8%

— CAPITAL SENIOR LIVING CORP 2.0%

Value $14.02M Shares 4,536,679 Est. Cost $19.64 Unrealized —

LEN/B LENNAR CORP - B SHS 1.0%

Value $7.187M Shares 160,786 Est. Cost $29.90 Unrealized +34.5%

LNC LINCOLN NATIONAL CORP 1.0%

Value $6.928M Shares 117,398 Est. Cost $47.56 Unrealized -8.1%

— GREAT ELM CAPITAL GROUP INC 0.6%

Value $3.841M Shares 1,150,000 Est. Cost $3.41 Unrealized —

— PARATEK PHARMACEUTICALS INC 0.5%

Value $3.418M Shares 848,069 Est. Cost $9.79 Unrealized —

OLLI OLLIE'S BARGAIN OUTLET HOLDI 0.5%

Value $3.181M Shares 48,700 Est. Cost — Unrealized —

— CIT GROUP INC 0.4%

Value $2.783M Shares 61,000 Est. Cost $45.25 Unrealized —

SPWH SPORTSMAN'S WAREHOUSE HOLDIN 0.4%

Value $2.698M Shares 335,997 Est. Cost $5.61 Unrealized +26.0%

— PROTECTIVE INSURANCE CORP- A 0.3%

Value $1.93M Shares 122,514 Est. Cost $17.27 Unrealized —

PRU PRUDENTIAL FINANCIAL INC 0.3%

Value $1.875M Shares 20,000 Est. Cost — Unrealized —

— BONANZA CREEK ENERGY INC 0.3%

Value $1.791M Shares 76,747 Est. Cost $27.71 Unrealized —

— MVC CAPITAL INC 0.3%

Value $1.75M Shares 190,854 Est. Cost $9.96 Unrealized —

— INTELSAT SA 0.2%

Value $1.681M Shares 239,156 Est. Cost $9.14 Unrealized —

CRNC CERENCE INC 0.2%

Value $1.584M Shares 70,000 Est. Cost $16.42 Unrealized 0.0%

GS GOLDMAN SACHS GROUP INC 0.2%

Value $1.38M Shares 6,000 Est. Cost $169.10 Unrealized +10.9%

— THIRD POINT REINSURANCE LTD 0.2%

Value $1.182M Shares 112,350 Est. Cost $12.87 Unrealized —

— NATIONAL WESTERN LIFE GROU-A 0.1%

Value $979K Shares 3,367 Est. Cost $271.03 Unrealized —

AER AERCAP HOLDINGS NV 0.1%

Value $891K Shares 14,500 Est. Cost $48.26 Unrealized +20.0%

DVN DEVON ENERGY CORP 0.1%

Value $748K Shares 28,784 Est. Cost $41.04 Unrealized -60.3%

DDS DILLARDS INC-CL A 0.1%

Value $735K Shares 10,000 Est. Cost — Unrealized —

TRC TEJON RANCH CO 0.1%

Value $593K Shares 37,102 Est. Cost $20.20 Unrealized -19.2%

BX BLACKSTONE GROUP INC/THE-A 0.1%

Value $559K Shares 10,000 Est. Cost $31.77 Unrealized +32.5%

KFFB KENTUCKY FIRST FEDERAL BANCO 0.1%

Value $529K Shares 68,283 Est. Cost $4.89 Unrealized +20.7%

AXR AMREP CORP 0.1%

Value $504K Shares 84,259 Est. Cost $5.75 Unrealized +1.9%

KKR KKR & CO INC -A 0.1%

Value $350K Shares 12,000 Est. Cost $20.20 Unrealized +32.5%

— LONESTAR RESOURCES US I-CL A 0.0%

Value $343K Shares 131,250 Est. Cost $3.97 Unrealized —

SENEB SENECA FOODS CORP - CL B 0.0%

Value $303K Shares 7,400 Est. Cost $30.54 Unrealized +16.8%

— AMERICAN NATIONAL INSURANCE 0.0%

Value $294K Shares 2,500 Est. Cost $116.40 Unrealized —

SENEA SENECA FOODS CORP - CL A 0.0%

Value $263K Shares 6,440 Est. Cost $28.82 Unrealized +25.1%

RRC RANGE RESOURCES CORP 0.0%

Value $242K Shares 50,000 Est. Cost — Unrealized —

CLPR CLIPPER REALTY INC 0.0%

Value $241K Shares 22,708 Est. Cost $12.09 Unrealized —

— ICC HOLDINGS INC 0.0%

Value $225K Shares 15,965 Est. Cost $17.32 Unrealized —

HNNA HENNESSY ADVISORS INC 0.0%

Value $158K Shares 15,646 Est. Cost $13.32 Unrealized -16.4%

— HIGHPOINT RESOURCES CORP 0.0%

Value $94,000 Shares 55,435 Est. Cost $2.49 Unrealized —

— JMP GROUP LLC 0.0%

Value $76,000 Shares 23,589 Est. Cost $5.76 Unrealized —

GROW U.S. GLOBAL INVESTORS INC-A 0.0%

Value $0 Shares 38,069 Est. Cost $2.39 Unrealized -32.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSLA	TESLA INC	1,205,900	$420M	61.0%	—	—	Put	88160R101
MSI	MOTOROLA SOLUTIONS INC	561,300	$90.45M	13.1%	—	—	Put	620076307
—	COWEN INC - A	1,664,180	$26.21M	3.8%	$15.42	—	COM	223622606
BMI	BADGER METER INC	400,700	$26.02M	3.8%	—	—	Put	056525108
STXS	STEREOTAXIS INC	4,677,385	$24.74M	3.6%	$2.92	+35.9%	COM	85916J409
ASHR	XTRACKERS HARVEST CSI 300 CH	682,400	$20.23M	2.9%	—	—	Put	233051879
GEF/B	GREIF INC-CL B	304,234	$15.75M	2.3%	$29.12	+25.8%	COM	397624206
—	CAPITAL SENIOR LIVING CORP	4,536,679	$14.02M	2.0%	$19.64	—	COM	140475104
LEN/B	LENNAR CORP - B SHS	160,786	$7.187M	1.0%	$29.90	+34.5%	COM	526057302
LNC	LINCOLN NATIONAL CORP	117,398	$6.928M	1.0%	$47.56	-8.1%	COM	534187109
—	GREAT ELM CAPITAL GROUP INC	1,150,000	$3.841M	0.6%	$3.41	—	COM	39036P209
—	PARATEK PHARMACEUTICALS INC	848,069	$3.418M	0.5%	$9.79	—	COM	699374302
OLLI	OLLIE'S BARGAIN OUTLET HOLDI	48,700	$3.181M	0.5%	—	—	Put	681116109
—	CIT GROUP INC	61,000	$2.783M	0.4%	$45.25	—	COM	125581801
SPWH	SPORTSMAN'S WAREHOUSE HOLDIN	335,997	$2.698M	0.4%	$5.61	+26.0%	COM	84920Y106
—	PROTECTIVE INSURANCE CORP- A	122,514	$1.93M	0.3%	$17.27	—	COM	74368L104
PRU	PRUDENTIAL FINANCIAL INC	20,000	$1.875M	0.3%	—	—	Call	744320102
—	BONANZA CREEK ENERGY INC	76,747	$1.791M	0.3%	$27.71	—	COM	097793400
—	MVC CAPITAL INC	190,854	$1.75M	0.3%	$9.96	—	COM	553829102
—	INTELSAT SA	239,156	$1.681M	0.2%	$9.14	—	COM	L5140P101
CRNC	CERENCE INC	70,000	$1.584M	0.2%	$16.42	0.0%	COM	156727109
GS	GOLDMAN SACHS GROUP INC	6,000	$1.38M	0.2%	$169.10	+10.9%	COM	38141G104
—	THIRD POINT REINSURANCE LTD	112,350	$1.182M	0.2%	$12.87	—	COM	G8827U100
—	NATIONAL WESTERN LIFE GROU-A	3,367	$979K	0.1%	$271.03	—	COM	638517102
AER	AERCAP HOLDINGS NV	14,500	$891K	0.1%	$48.26	+20.0%	COM	N00985106
DVN	DEVON ENERGY CORP	28,784	$748K	0.1%	$41.04	-60.3%	COM	25179M103
DDS	DILLARDS INC-CL A	10,000	$735K	0.1%	—	—	Call	254067101
TRC	TEJON RANCH CO	37,102	$593K	0.1%	$20.20	-19.2%	COM	879080109
BX	BLACKSTONE GROUP INC/THE-A	10,000	$559K	0.1%	$31.77	+32.5%	COM	09260D107
KFFB	KENTUCKY FIRST FEDERAL BANCO	68,283	$529K	0.1%	$4.89	+20.7%	COM	491292108
AXR	AMREP CORP	84,259	$504K	0.1%	$5.75	+1.9%	COM	032159105
KKR	KKR & CO INC -A	12,000	$350K	0.1%	$20.20	+32.5%	COM	48251W104
—	LONESTAR RESOURCES US I-CL A	131,250	$343K	0.0%	$3.97	—	COM	54240F103
SENEB	SENECA FOODS CORP - CL B	7,400	$303K	0.0%	$30.54	+16.8%	COM	817070105
—	AMERICAN NATIONAL INSURANCE	2,500	$294K	0.0%	$116.40	—	COM	028591105
SENEA	SENECA FOODS CORP - CL A	6,440	$263K	0.0%	$28.82	+25.1%	COM	817070501
RRC	RANGE RESOURCES CORP	50,000	$242K	0.0%	—	—	Call	75281A109
CLPR	CLIPPER REALTY INC	22,708	$241K	0.0%	$12.09	—	COM	18885T306
—	ICC HOLDINGS INC	15,965	$225K	0.0%	$17.32	—	COM	44931Q104
HNNA	HENNESSY ADVISORS INC	15,646	$158K	0.0%	$13.32	-16.4%	COM	425885100
—	HIGHPOINT RESOURCES CORP	55,435	$94,000	0.0%	$2.49	—	COM	43114K108
—	JMP GROUP LLC	23,589	$76,000	0.0%	$5.76	—	COM	46629U107
GROW	U.S. GLOBAL INVESTORS INC-A	38,069	$0	0.0%	$2.39	-32.6%	COM	902952100