Arbiter Partners Capital Management’s Clear Channel Outdoor Holdings CCO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-50,000	Closed	-$245K	–	67
2018 Q1	$245K	Hold	50,000	–	–	0.08%	56
2017 Q4	$230K	Hold	50,000	–	–	0.07%	62
2017 Q3	$232K	Hold	50,000	–	–	0.06%	74
2017 Q2	$242K	Hold	50,000	–	–	0.07%	72
2017 Q1	$302K	Hold	50,000	–	–	0.08%	68
2016 Q4	$252K	Hold	50,000	–	–	0.08%	68
2016 Q3	$292K	Hold	50,000	–	–	0.1%	73
2016 Q2	$311K	Hold	50,000	–	–	0.11%	71
2016 Q1	$235K	Sell	50,000 -29,844	-37%	-$132K	0.08%	82
2015 Q4	$446K	Hold	79,844	–	–	0.12%	83
2015 Q3	$569K	Hold	79,844	–	–	0.15%	87
2015 Q2	$809K	Sell	79,844 -217,374	-73%	-$2.37M	0.21%	79
2015 Q1	$3.01M	Sell	297,218 -149,234	-33%	-$1.45M	0.92%	50
2014 Q4	$4.73M	Sell	446,452 -104,242	-19%	-$811K	1.31%	45
2014 Q3	$3.71M	Hold	550,694	–	–	1.08%	47
2014 Q2	$4.5M	Hold	550,694	–	–	1.28%	46
2014 Q1	$5.02M	Sell	550,694 -74,800	-12%	-$715K	1.36%	45
2013 Q4	$6.34M	Sell	625,494 -73,466	-11%	-$680K	1.89%	34
2013 Q3	$5.73M	Hold	698,960	–	–	1.92%	24
2013 Q2	$5.21M	Buy	+698,960	New	+$5.35M	1.56%	37

Other funds holding CCO