We are live on
!
Find out more
APCM
Arbiter Partners Capital Management Portfolio holdings
AUM
$175M
1-Year Est. Return
99.81%
This Fund
S&P 500
This Quarter
Est. Return
+2.94%
1 Year Est. Return
+99.81%
3 Year Est. Return
+329.06%
5 Year Est. Return
+284.7%
10 Year Est. Return
+937.68%
AUM
$93.4M
AUM Growth
-$13.6M
(-13%)
Cap. Flow
-$13M
Cap. Flow
% of AUM
-13.93%
Top 10 Holdings %
Top 10 Hldgs %
63.98%
Holding
51
New
8
Increased
5
Reduced
14
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Labcorp
LH
|
+$1.83M |
| 2 |
First Seacoast Bancorp
FSEA
|
+$748K |
| 3 |
Lincoln National
LNC
|
+$571K |
| 4 |
Rhinebeck Bancorp
RBKB
|
+$33.8K |
| 5 |
CWBC
Community West BanCshares
CWBC
|
+$11.8K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NWLI
National Western Life Group, Inc. Class A
NWLI
|
+$5.19M |
| 2 |
Liberty Latin America Class C
LILAK
|
+$4.19M |
| 3 |
Jackson Financial
JXN
|
+$2.08M |
| 4 |
Lennar Class B
LEN.B
|
+$1.5M |
| 5 |
WRK
WestRock Company
WRK
|
+$1.41M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 22.66% |
| 2 | Financials | 16.31% |
| 3 | Healthcare | 13.17% |
| 4 | Communication Services | 8.58% |
| 5 | Energy | 2.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Greif Class B
GEF.B
$4.13B
| $15.4M | 16.46% |
199,063
-12,562
| -6% | -$958K |
|
|
2
Liberty Latin America Class C
LILAK
$1.69B
| $6.59M | 7.05% |
840,453
-561,576
| -40% | -$4.19M |
|
3
Sonida Senior Living
SNDA
$1.93B
| $6.41M | 6.87% |
513,007
| – | – |
|
4
PUT
Digital Realty Trust
DLR
$69.6B
| $5.55M | 5.94% |
48,700
+25,000
| +105% | +$2.47M |
|
5
PUT
Tesla
TSLA
$1.18T
| $5.16M | 5.52% |
19,700
+11,300
| +135% | +$2.26M |
|
6
PUT
Clorox
CLX
$12B
| $4.93M | 5.28% |
+31,000
| New | +$5M |
|
7
PUT
Beyond Meat
BYND
$274M
| $4.31M | 4.62% |
332,400
-106,200
| -24% | -$1.35M |
|
8
Stereotaxis
STXS
$133M
| $3.94M | 4.21% |
2,573,114
| – | – |
|
9
Sportsman's Warehouse
SPWH
$44.9M
| $3.81M | 4.08% |
668,915
| – | – |
|
10
PUT
ARK Innovation ETF
ARKK
$5.59B
| $3.69M | 3.95% |
83,600
-97,000
| -54% | -$3.86M |
|
|
11
Jackson Financial
JXN
$8.4B
| $2.23M | 2.39% |
72,900
-64,500
| -47% | -$2.08M |
|
12
CALL
Noble Corp
NE
$6.54B
| $2.07M | 2.21% |
+50,000
| New | +$1.93M |
|
|
13
Labcorp
LH
$25.2B
| $1.95M | 2.09% |
+9,428
| New | +$1.83M |
|
14
Great Elm Group
GEG
$68.7M
| $1.89M | 2.02% |
921,824
-12,312
| -1% | -$25.5K |
|
|
15
CALL
Labcorp
LH
$25.2B
| $1.85M | 1.98% |
+10,360
| New | +$2.01M |
|
|
NWLI
16
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.56M | 1.67% |
3,755
-16,275
| -81% | -$5.19M |
|
17
PUT
CubeSmart
CUBE
$9.61B
| $1.47M | 1.58% |
+33,000
| New | +$1.5M |
|
|
18
Liberty Latin America Class A
LILA
$1.72B
| $1.43M | 1.53% |
239,954
| – | – |
|
|
19
Lincoln National
LNC
$7.92B
| $1.42M | 1.52% |
55,000
+26,000
| +90% | +$571K |
|
20
Corebridge Financial
CRBG
$14.3B
| $1.39M | 1.49% |
78,550
-71,450
| -48% | -$1.19M |
|
|
LRFC
21
DELISTED
Logan Ridge Finance Corp
LRFC
| $1.27M | 1.36% |
61,113
| – | – |
|
|
22
CALL
Jackson Financial
JXN
$8.4B
| $1.22M | 1.31% |
40,000
| – | – |
|
23
MGIC Investment
MTG
$6.47B
| $1.17M | 1.25% |
74,000
-93,000
| -56% | -$1.38M |
|
|
PLL
24
PUT
DELISTED
Piedmont Lithium
PLL
| $1.16M | 1.24% |
20,100
-10,000
| -33% | -$572K |
|
25
Transocean
RIG
$5.48B
| $1.15M | 1.23% |
163,483
-26,846
| -14% | -$166K |
|
Similar funds
GCM
MCM
AAG
CFG
GI
SC
AMD
CAM
Arbiter Partners Capital Management's Q2 2023 Portfolio in Review
As of Q2 2023, Arbiter Partners Capital Management held 51 positions worth $93.4M, down 13% from $107M the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Arbiter Partners Capital Management withdrew a net $13M in Q2 2023, closing 6 positions and reducing 14 holdings. Its most notable exit was First Citizens BancShares, an estimated $973K position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 23% of assets, down from 25% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Arbiter Partners Capital Management opened a new position in Labcorp worth $1.95M.
- Arbiter Partners Capital Management's largest Q2 2023 buy was Labcorp: 9,428 shares worth $1.95M.
- Arbiter Partners Capital Management added most to Lincoln National in Q2 2023, an estimated $571K increase.
- Arbiter Partners Capital Management's biggest Q2 2023 reduction was National Western Life Group, Inc. Class A, cutting an estimated $5.19M.
- Arbiter Partners Capital Management fully exited First Citizens BancShares in Q2 2023, selling an estimated $973K.
- Arbiter Partners Capital Management's ten largest holdings make up 64% of its $93.4M portfolio in Q2 2023.
- Arbiter Partners Capital Management opened 8 new positions and closed 6 in Q2 2023.
- Arbiter Partners Capital Management's portfolio value fell 13% quarter-over-quarter to $93.4M.
Based on Arbiter Partners Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.