Arbiter Partners Capital Management LLC Hedge Fund

Location: NEW YORK, NY

CIK: 0001513193 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 12, 2026

Total Value ($000): $174,508 (100.0% shares, 0.0% debt)

Holdings (45)

New Positions (3)

RNA ATRIUM THERAPEUTICS INC 1.8%

Value ($000) $3,075 Shares 230,000 Est. Cost $13.37 Unrealized —

MSFT MICROSOFT CORP 0.4%

Value ($000) $740 Shares 2,000 Est. Cost $434.61 Unrealized 0.0%

BUR BURFORD CAPITAL LTD 0.1%

Value ($000) $122 Shares 27,000 Est. Cost $9.47 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RNA	ATRIUM THERAPEUTICS INC	230,000	$3,075	1.8%	$13.37	—	COM	04965N104
MSFT	MICROSOFT CORP	2,000	$740	0.4%	$434.61	0.0%	COM	594918104
BUR	BURFORD CAPITAL LTD	27,000	$122	0.1%	$9.47	0.0%	COM	G17977110

Increased Positions (11)

TSLA TESLA INC 10.5%

Value ($000) $18,364 (+41.8%) Shares 49,400 (+71.5%) Est. Cost — Unrealized —

ODV OSISKO DEVELOPMENT CORP 3.9%

Value ($000) $6,784 (+107.3%) Shares 2,087,496 (+122.6%) Est. Cost $3.45 Unrealized +7.7%

ELE ELEMENTAL ROYALTY CORP 1.8%

Value ($000) $3,171 (+591.2%) Shares 168,317 (+522.6%) Est. Cost $19.47 Unrealized +3.9%

NAVI NAVIENT CORP 2.4%

Value ($000) $4,193 (+107.9%) Shares 512,548 (+230.5%) Est. Cost $11.59 Unrealized -6.1%

TBN TAMBORAN RESOURCES CORP 1.9%

Value ($000) $3,360 (+115.7%) Shares 67,212 (+17.5%) Est. Cost $22.33 Unrealized +26.3%

GOOGL ALPHABET INC-CL A 1.6%

Value ($000) $2,818 (+83.7%) Shares 9,800 (+100.0%) Est. Cost $165.47 Unrealized +95.4%

MET METLIFE INC 0.8%

Value ($000) $1,414 (+79.2%) Shares 20,000 (+100.0%) Est. Cost — Unrealized —

ABR ARBOR REALTY TRUST INC 1.9%

Value ($000) $3,236 (+17.9%) Shares 419,700 (+18.7%) Est. Cost — Unrealized —

OPRT OPORTUN FINANCIAL CORP 0.5%

Value ($000) $886 (+18.6%) Shares 192,106 (+36.1%) Est. Cost $5.28 Unrealized +0.4%

MTG MGIC INVESTMENT CORP 1.3%

Value ($000) $2,284 (+5.6%) Shares 87,000 (+17.6%) Est. Cost $15.58 Unrealized +73.5%

MRT MARTI TECHNOLOGIES INC 0.3%

Value ($000) $573 (+5.1%) Shares 286,254 (+24.5%) Est. Cost $2.40 Unrealized -11.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TSLA	TESLA INC	49,400 (+71.5%)	$18,364 (+41.8%)	10.5%	—	—	PUT	88160R101
ODV	OSISKO DEVELOPMENT CORP	2,087,496 (+122.6%)	$6,784 (+107.3%)	3.9%	$3.45	+7.7%	COM	68828E809
ELE	ELEMENTAL ROYALTY CORP	168,317 (+522.6%)	$3,171 (+591.2%)	1.8%	$19.47	+3.9%	COM	28620K106
NAVI	NAVIENT CORP	512,548 (+230.5%)	$4,193 (+107.9%)	2.4%	$11.59	-6.1%	COM	63938C108
TBN	TAMBORAN RESOURCES CORP	67,212 (+17.5%)	$3,360 (+115.7%)	1.9%	$22.33	+26.3%	COM	87507T101
GOOGL	ALPHABET INC-CL A	9,800 (+100.0%)	$2,818 (+83.7%)	1.6%	$165.47	+95.4%	CALL	02079K305
MET	METLIFE INC	20,000 (+100.0%)	$1,414 (+79.2%)	0.8%	—	—	CALL	59156R108
ABR	ARBOR REALTY TRUST INC	419,700 (+18.7%)	$3,236 (+17.9%)	1.9%	—	—	PUT	038923108
OPRT	OPORTUN FINANCIAL CORP	192,106 (+36.1%)	$886 (+18.6%)	0.5%	$5.28	+0.4%	COM	68376D104
MTG	MGIC INVESTMENT CORP	87,000 (+17.6%)	$2,284 (+5.6%)	1.3%	$15.58	+73.5%	COM	552848103
MRT	MARTI TECHNOLOGIES INC	286,254 (+24.5%)	$573 (+5.1%)	0.3%	$2.40	-11.9%	COM	573134103

Exited Positions (7)

SHG SHINHAN FINANCIAL GROUP-ADR 4.2%

Value ($000) $7,410 Shares 138,169 Est. Cost $45.99 Unrealized —

ARVN ARVINAS INC 3.1%

Value ($000) $5,370 Shares 452,789 Est. Cost $7.58 Unrealized +65.7%

LESL LESLIE'S INC 0.2%

Value ($000) $392 Shares 237,637 Est. Cost $3.24 Unrealized -55.5%

— BURFORD CAPITAL LTD 0.1%

Value ($000) $241 Shares 27,000 Est. Cost $8.92 Unrealized —

RITM RITHM CAPITAL CORP 0.1%

Value ($000) $218 Shares 20,000 Est. Cost $10.90 Unrealized —

SENEA SENECA FOODS CORP - CL A 0.1%

Value ($000) $203 Shares 1,839 Est. Cost $28.82 Unrealized +317.3%

LRE LEAD REAL ESTATE CO LTD 0.0%

Value ($000) $29 Shares 18,495 Est. Cost $1.57 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SHG	SHINHAN FINANCIAL GROUP-ADR	138,169	$7,410	4.2%	$45.99	—	—	824596100
ARVN	ARVINAS INC	452,789	$5,370	3.1%	$7.58	+65.7%	—	04335A105
LESL	LESLIE'S INC	237,637	$392	0.2%	$3.24	-55.5%	—	527064208
—	BURFORD CAPITAL LTD	27,000	$241	0.1%	$8.92	—	—	00000NANA
RITM	RITHM CAPITAL CORP	20,000	$218	0.1%	$10.90	—	—	64828T201
SENEA	SENECA FOODS CORP - CL A	1,839	$203	0.1%	$28.82	+317.3%	—	817070501
LRE	LEAD REAL ESTATE CO LTD	18,495	$29	0.0%	$1.57	—	—	52168R109

Decreased Positions (9)

GOOGL ALPHABET INC-CL A 0.4%

Value ($000) $719 (-80.9%) Shares 2,500 (-79.2%) Est. Cost $165.47 Unrealized +95.4%

CRBG COREBRIDGE FINANCIAL INC 3.2%

Value ($000) $5,575 (-31.6%) Shares 233,655 (-13.5%) Est. Cost $25.99 Unrealized +16.4%

GEF/B GREIF INC-CL B 9.8%

Value ($000) $17,073 (+16.0%) Shares 195,033 (-1.0%) Est. Cost $29.44 Unrealized +186.8%

SNDA SONIDA SENIOR LIVING INC 2.8%

Value ($000) $4,855 (-17.8%) Shares 152,231 (-16.7%) Est. Cost $21.39 Unrealized +53.8%

TFPM TRIPLE FLAG PRECIOUS MET 1.2%

Value ($000) $2,030 (-15.1%) Shares 58,476 (-18.8%) Est. Cost $20.63 Unrealized +76.5%

CBL CBL & ASSOCIATES PROPERTIES 2.4%

Value ($000) $4,198 (-5.6%) Shares 109,244 (-9.1%) Est. Cost $31.84 Unrealized —

DVN DEVON ENERGY CORP 0.1%

Value ($000) $201 (-38.9%) Shares 4,000 (-55.6%) Est. Cost $44.16 Unrealized -8.8%

LILAK LIBERTY LATIN AMERIC-CL C 1.6%

Value ($000) $2,726 (+1.8%) Shares 309,048 (-13.9%) Est. Cost $9.08 Unrealized -15.2%

TRC TEJON RANCH CO 0.1%

Value ($000) $245 (+13.0%) Shares 12,993 (-5.5%) Est. Cost $18.83 Unrealized -12.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC-CL A	2,500 (-79.2%)	$719 (-80.9%)	0.4%	$165.47	+95.4%	COM	02079K305
CRBG	COREBRIDGE FINANCIAL INC	233,655 (-13.5%)	$5,575 (-31.6%)	3.2%	$25.99	+16.4%	COM	21871X109
GEF/B	GREIF INC-CL B	195,033 (-1.0%)	$17,073 (+16.0%)	9.8%	$29.44	+186.8%	COM	397624206
SNDA	SONIDA SENIOR LIVING INC	152,231 (-16.7%)	$4,855 (-17.8%)	2.8%	$21.39	+53.8%	COM	140475203
TFPM	TRIPLE FLAG PRECIOUS MET	58,476 (-18.8%)	$2,030 (-15.1%)	1.2%	$20.63	+76.5%	COM	89679M104
CBL	CBL & ASSOCIATES PROPERTIES	109,244 (-9.1%)	$4,198 (-5.6%)	2.4%	$31.84	—	COM	124830878
DVN	DEVON ENERGY CORP	4,000 (-55.6%)	$201 (-38.9%)	0.1%	$44.16	-8.8%	COM	25179M103
LILAK	LIBERTY LATIN AMERIC-CL C	309,048 (-13.9%)	$2,726 (+1.8%)	1.6%	$9.08	-15.2%	COM	G9001E128
TRC	TEJON RANCH CO	12,993 (-5.5%)	$245 (+13.0%)	0.1%	$18.83	-12.5%	COM	879080109

Unchanged Positions (22)

GRAL GRAIL INC 30.6%

Value ($000) $53,468 Shares 1,034,597 Est. Cost $19.11 Unrealized +393.9%

VET VERMILION ENERGY INC 2.1%

Value ($000) $3,676 Shares 266,738 Est. Cost $7.76 Unrealized +22.4%

STXS STEREOTAXIS INC 3.0%

Value ($000) $5,306 Shares 2,883,856 Est. Cost $2.77 Unrealized -15.4%

OPY OPPENHEIMER HOLDINGS-CL A 2.8%

Value ($000) $4,905 Shares 54,999 Est. Cost $49.96 Unrealized +64.6%

GNW GENWORTH FINANCIAL INC 2.3%

Value ($000) $3,958 Shares 487,400 Est. Cost $7.34 Unrealized +17.9%

NMM NAVIOS MARITIME PARTNERS LP 1.0%

Value ($000) $1,674 Shares 24,800 Est. Cost $45.05 Unrealized —

LILA LIBERTY LATIN AMERIC-CL A 0.8%

Value ($000) $1,421 Shares 164,481 Est. Cost $8.84 Unrealized -13.8%

MLCI MOUNT LOGAN CAPITAL INC 0.1%

Value ($000) $127 Shares 35,505 Est. Cost $7.77 Unrealized -6.2%

WFRD WEATHERFORD INTERNATIONAL PL 0.5%

Value ($000) $946 Shares 10,000 Est. Cost $59.40 Unrealized +59.9%

OLN OLIN CORP 0.2%

Value ($000) $384 Shares 12,900 Est. Cost $21.44 Unrealized +10.2%

AVBC AVIDIA BANCORP INC 0.4%

Value ($000) $645 Shares 32,800 Est. Cost $15.64 Unrealized +14.5%

AAPL APPLE INC 0.7%

Value ($000) $1,244 Shares 4,900 Est. Cost — Unrealized —

SPNT SIRIUSPOINT LTD 2.5%

Value ($000) $4,326 Shares 200,832 Est. Cost $11.99 Unrealized +70.6%

LEN/B LENNAR CORP - B SHS 0.3%

Value ($000) $474 Shares 5,629 Est. Cost $39.30 Unrealized +169.5%

VOXR VOX ROYALTY CORP 0.4%

Value ($000) $639 Shares 121,920 Est. Cost $4.30 Unrealized +21.0%

OABI OMNIAB INC 0.2%

Value ($000) $302 Shares 192,585 Est. Cost $1.81 Unrealized +0.6%

MTA METALLA ROYALTY & STREAMING 0.1%

Value ($000) $225 Shares 34,000 Est. Cost $7.19 Unrealized +11.8%

GROY GOLD ROYALTY CORP 0.2%

Value ($000) $281 Shares 78,600 Est. Cost $3.83 Unrealized +18.2%

CWBC COMMUNITY WEST BANCSHARES 0.6%

Value ($000) $1,022 Shares 43,864 Est. Cost $18.25 Unrealized +29.7%

NODK NI HOLDINGS INC 0.4%

Value ($000) $662 Shares 51,392 Est. Cost $17.19 Unrealized -22.1%

CLPR CLIPPER REALTY INC 0.0%

Value ($000) $68 Shares 22,618 Est. Cost $11.11 Unrealized —

BTG B2GOLD CORP 0.1%

Value ($000) $113 Shares 25,000 Est. Cost $2.66 Unrealized +92.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GRAL	GRAIL INC	1,034,597	$53,468	30.6%	$19.11	+393.9%	COM	384747101
VET	VERMILION ENERGY INC	266,738	$3,676	2.1%	$7.76	+22.4%	COM	923725105
STXS	STEREOTAXIS INC	2,883,856	$5,306	3.0%	$2.77	-15.4%	COM	85916J409
OPY	OPPENHEIMER HOLDINGS-CL A	54,999	$4,905	2.8%	$49.96	+64.6%	COM	683797104
GNW	GENWORTH FINANCIAL INC	487,400	$3,958	2.3%	$7.34	+17.9%	COM	37247D106
NMM	NAVIOS MARITIME PARTNERS LP	24,800	$1,674	1.0%	$45.05	—	COM	Y62267409
LILA	LIBERTY LATIN AMERIC-CL A	164,481	$1,421	0.8%	$8.84	-13.8%	COM	G9001E102
MLCI	MOUNT LOGAN CAPITAL INC	35,505	$127	0.1%	$7.77	-6.2%	COM	62188E103
WFRD	WEATHERFORD INTERNATIONAL PL	10,000	$946	0.5%	$59.40	+59.9%	COM	G48833118
OLN	OLIN CORP	12,900	$384	0.2%	$21.44	+10.2%	COM	680665205
AVBC	AVIDIA BANCORP INC	32,800	$645	0.4%	$15.64	+14.5%	COM	05369T100
AAPL	APPLE INC	4,900	$1,244	0.7%	—	—	PUT	037833100
SPNT	SIRIUSPOINT LTD	200,832	$4,326	2.5%	$11.99	+70.6%	COM	G8192H106
LEN/B	LENNAR CORP - B SHS	5,629	$474	0.3%	$39.30	+169.5%	COM	526057302
VOXR	VOX ROYALTY CORP	121,920	$639	0.4%	$4.30	+21.0%	COM	92919F103
OABI	OMNIAB INC	192,585	$302	0.2%	$1.81	+0.6%	COM	68218J103
MTA	METALLA ROYALTY & STREAMING	34,000	$225	0.1%	$7.19	+11.8%	COM	59124U605
GROY	GOLD ROYALTY CORP	78,600	$281	0.2%	$3.83	+18.2%	COM	38071H106
CWBC	COMMUNITY WEST BANCSHARES	43,864	$1,022	0.6%	$18.25	+29.7%	COM	203937107
NODK	NI HOLDINGS INC	51,392	$662	0.4%	$17.19	-22.1%	COM	65342T106
CLPR	CLIPPER REALTY INC	22,618	$68	0.0%	$11.11	—	COM	18885T306
BTG	B2GOLD CORP	25,000	$113	0.1%	$2.66	+92.9%	COM	11777Q209