Arbiter Partners Capital Management’s NATL WESTN LIFE INS CO CL A NWLIA Stock Holding History

Arbiter Partners Capital Management’s Portfolio NWLIA Stock Details NWLIA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-11,572	Closed	-$2.77M	–	141
2015 Q2	$2.77M	Sell	11,572 -42,051	-78%	-$10.1M	0.25%	53
2015 Q1	$13.6M	Sell	53,623 -4,953	-8%	-$1.26M	1.18%	19
2014 Q4	$15.8M	Hold	58,576	–	–	1.46%	16
2014 Q3	$14.5M	Hold	58,576	–	–	1.43%	18
2014 Q2	$14.6M	Hold	58,576	–	–	1.44%	18
2014 Q1	$14.3M	Buy	58,576 +213	+0.4%	+$52.1K	1.6%	20
2013 Q4	$13M	Hold	58,363	–	–	1.8%	17
2013 Q3	$11.8M	Hold	58,363	–	–	2.82%	11
2013 Q2	$11.1M	Buy	+58,363	New	+$11.1M	1.64%	19

Other funds holding NWLIA

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Nuance Investments Kansas City, Missouri $717M AUM 3.8% 1-Year Est. Return

RAM

RK Asset Management Grosse Pointe Farms, Michigan $106M AUM 0.38% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

SRC

Shufro Rose & Co New York $1.47B AUM 19.38% 1-Year Est. Return

Arbiter Partners Capital Management's NWLIA Position: Q3 2015 in Review

Arbiter Partners Capital Management sold out of NATL WESTN LIFE INS CO CL A (NWLIA) in Q3 2015, closing a stake of 11,572 shares — an estimated $2.77M sold.

Arbiter Partners Capital Management first reported a position in NWLIA in Q2 2013 and held it in 9 quarters. The position peaked at $15.8M in Q4 2014. 84 funds tracked by Wall St. Rank hold NWLIA as of Q3 2015.

Arbiter Partners Capital Management reported no remaining NATL WESTN LIFE INS CO CL A position as of Q3 2015 after selling out during the quarter.
Arbiter Partners Capital Management sold 11,572 NATL WESTN LIFE INS CO CL A shares in Q3 2015, an estimated $2.77M.
Arbiter Partners Capital Management first reported a position in NATL WESTN LIFE INS CO CL A in Q2 2013 and held it in 9 quarters.
Arbiter Partners Capital Management's NATL WESTN LIFE INS CO CL A position peaked at $15.8M in Q4 2014.
84 funds tracked by Wall St. Rank held NATL WESTN LIFE INS CO CL A as of Q3 2015.

Based on Arbiter Partners Capital Management's 13F filing for Q3 2015, filed 13 Nov 2015.