Arbiter Partners Capital Management LLC Q4 2025 Filing
Filed February 12, 2026
Portfolio Value
$205.2B
Holdings
48
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (48 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | GRALGRAIL INC | 1,035,597 | $88.6B | 43.20% | |
| 2 | GEF/BGREIF INC-CL B | 197,033 | $14.7B | 7.17% | |
| 3 | TSLATESLA INC | 28,800 | $13.0B | 6.31% | Put |
| 4 | CRBGCOREBRIDGE FINANCIAL INC | 270,055 | $8.1B | 3.97% | |
| 5 | SHGSHINHAN FINANCIAL GROUP-ADR | 138,169 | $7.4B | 3.61% | |
| 6 | RJR1STEREOTAXIS INC | 2,883,856 | $6.6B | 3.23% | |
| 7 | SNDASONIDA SENIOR LIVING INC | 182,824 | $5.9B | 2.88% | |
| 8 | ARVNARVINAS INC | 452,789 | $5.4B | 2.62% | |
| 9 | GOOGLALPHABET INC-CL A | 16,900 | $5.3B | 2.58% | Call |
| 10 | 0HQKCBL & ASSOCIATES PROPERTIES | 120,244 | $4.4B | 2.17% | |
| 11 | GNWGENWORTH FINANCIAL INC | 487,400 | $4.4B | 2.15% | |
| 12 | SPNTSIRIUSPOINT LTD | 200,832 | $4.4B | 2.14% | |
| 13 | OPYOPPENHEIMER HOLDINGS-CL A | 54,999 | $4.0B | 1.94% | |
| 14 | ODVOSISKO DEVELOPMENT CORP | 937,854 | $3.3B | 1.60% | |
| 15 | ABRARBOR REALTY TRUST INC | 353,600 | $2.7B | 1.34% | Put |
| 16 | LILALIBERTY LATIN AMERIC-CL C | 359,048 | $2.7B | 1.31% | |
| 17 | TFPMTRIPLE FLAG PRECIOUS MET | 72,000 | $2.4B | 1.17% | |
| 18 | VETVERMILION ENERGY INC | 266,738 | $2.2B | 1.08% | |
| 19 | MTGMGIC INVESTMENT CORP | 74,000 | $2.2B | 1.05% | |
| 20 | NAVINAVIENT CORP | 155,094 | $2.0B | 0.98% | |
| 21 | TBNTAMBORAN RESOURCES CORP | 57,212 | $1.6B | 0.76% | |
| 22 | AAPLAPPLE INC | 4,900 | $1.3B | 0.65% | Put |
| 23 | NMMNAVIOS MARITIME PARTNERS LP | 24,800 | $1.3B | 0.63% | |
| 24 | LILALIBERTY LATIN AMERIC-CL A | 164,481 | $1.2B | 0.59% | |
| 25 | CWBCCOMMUNITY WEST BANCSHARES | 43,864 | $986.0M | 0.48% | |
| 26 | METMETLIFE INC | 10,000 | $789.0M | 0.38% | Call |
| 27 | WFRDWEATHERFORD INTERNATIONAL PL | 10,000 | $782.0M | 0.38% | |
| 28 | OPRTOPORTUN FINANCIAL CORP | 141,109 | $746.0M | 0.36% | |
| 29 | NODKNI HOLDINGS INC | 51,392 | $683.0M | 0.33% | |
| 30 | VOXRVOX ROYALTY CORP | 121,920 | $577.0M | 0.28% | |
| 31 | AVBCAVIDIA BANCORP INC | 32,800 | $551.0M | 0.27% | |
| 32 | MRTMARTI TECHNOLOGIES INC | 229,935 | $544.0M | 0.27% | |
| 33 | LENLENNAR CORP - B SHS | 5,629 | $535.0M | 0.26% | |
| 34 | ELEELEMENTAL ROYALTY CORP | 27,033 | $458.0M | 0.22% | |
| 35 | LESLLESLIE'S INC | 237,637 | $392.0M | 0.19% | |
| 36 | OABIOMNIAB INC | 192,585 | $356.0M | 0.17% | |
| 37 | DVNDEVON ENERGY CORP | 9,000 | $329.0M | 0.16% | |
| 38 | GROYGOLD ROYALTY CORP | 78,600 | $317.0M | 0.15% | |
| 39 | MLCIMOUNT LOGAN CAPITAL INC | 35,505 | $292.0M | 0.14% | |
| 40 | OLNOLIN CORP | 12,900 | $268.0M | 0.13% | |
| 41 | MTAMETALLA ROYALTY & STREAMING | 34,000 | $264.0M | 0.13% | |
| 42 | BURBURFORD CAPITAL LTD | 27,000 | $240.0M | 0.12% | |
| 43 | RITMRITHM CAPITAL CORP | 20,000 | $218.0M | 0.11% | |
| 44 | TRCTEJON RANCH CO | 13,742 | $216.0M | 0.11% | |
| 45 | SENEASENECA FOODS CORP - CL A | 1,839 | $203.0M | 0.10% | |
| 46 | BTOB2GOLD CORP | 25,000 | $112.0M | 0.05% | |
| 47 | CLPRCLIPPER REALTY INC | 22,618 | $86.0M | 0.04% | |
| 48 | LRELEAD REAL ESTATE CO LTD | 18,495 | $29.0M | 0.01% |