Paul Isaac – Arbiter Partners Capital Management Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the Arbiter Partners Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 12, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
New Buys – Burford Capital, Gold Royalty Corp., Metalla Royalty & Streaming Ltd, Olin Corporation, Oportun Financial Corporation, and 1 more
Increases – Marti Technologies, CBL & Associates Properties, In, Corebridge Financial Inc., Navient Corporation, OmniAb, Inc., and 7 more
Complete Exits – EMX Royalty Corporation, JBG SMITH Properties
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | 00000NANA Burford Capital | Burford Capital | Buy - Position Entry | +27,000 | - | $240.84K | 27,000 |
Q4 2025 | 573134103 Marti Technologies | Marti Technologies | Buy | +56,760 | +32.8% | $544.95K | 229,935 |
Q4 2025 | CBL CBL & Associates Properties, In | CBL & Associates Properties, In | Buy | +23,681 | +24.5% | $4.45M | 120,244 |
Q4 2025 | CRBG Corebridge Financial Inc. | Corebridge Financial Inc. | Buy | +81,400 | +43.1% | $8.15M | 270,055 |
Q4 2025 | DVN Devon Energy Corporation | Devon Energy Corporation | Sell | -4,000 | -30.8% | $329.67K | 9,000 |
Q4 2025 | EMX EMX Royalty Corporation | EMX Royalty Corporation | Sell - Position Exit | -205,915 | -100.0% | $0.00 | - |
Q4 2025 | GRAL GRAIL, Inc. | GRAIL, Inc. | Sell | -300 | -0.0% | $88.64M | 1,035,597 |
Q4 2025 | GROY Gold Royalty Corp. | Gold Royalty Corp. | Buy - Position Entry | +78,600 | - | $317.54K | 78,600 |
Q4 2025 | JBGS JBG SMITH Properties | JBG SMITH Properties | Sell - Position Exit | -78,209 | -100.0% | $0.00 | - |
Q4 2025 | MTA Metalla Royalty & Streaming Ltd | Metalla Royalty & Streaming Ltd | Buy - Position Entry | +34,000 | - | $264.52K | 34,000 |
Q4 2025 | NAVI Navient Corporation | Navient Corporation | Buy | +49,350 | +46.7% | $2.02M | 155,094 |
Q4 2025 | OABI OmniAb, Inc. | OmniAb, Inc. | Buy | +32,056 | +20.0% | $356.28K | 192,585 |
Q4 2025 | ODV Osisko Development Corp. | Osisko Development Corp. | Buy | +597,854 | +175.8% | $3.27M | 937,854 |
Q4 2025 | OLN Olin Corporation | Olin Corporation | Buy - Position Entry | +12,900 | - | $268.71K | 12,900 |
Q4 2025 | OPRT Oportun Financial Corporation | Oportun Financial Corporation | Buy - Position Entry | +141,109 | - | $746.47K | 141,109 |
Q4 2025 | RITM Rithm Capital Corp. | Rithm Capital Corp. | Buy - Position Entry | +20,000 | - | $218.00K | 20,000 |
Q4 2025 | SENEA Seneca Foods Corp. | Seneca Foods Corp. | Sell | -1,851 | -50.2% | $203.45K | 1,839 |
Q4 2025 | SHG Shinhan Financial Group Co Ltd | Shinhan Financial Group Co Ltd | Buy | +1,000 | +0.7% | $7.41M | 138,169 |
Q4 2025 | SNDA Sonida Senior Living, Inc. | Sonida Senior Living, Inc. | Sell | -36,009 | -16.5% | $5.91M | 182,824 |
Q4 2025 | STXS Stereotaxis, Inc. | Stereotaxis, Inc. | Buy | +30,000 | +1.1% | $6.63M | 2,883,856 |
Q4 2025 | TBN Tamboran Resources Corporation | Tamboran Resources Corporation | Buy | +7,670 | +15.5% | $1.56M | 57,212 |
Q4 2025 | TFPM Triple Flag Precious Metals Cor | Triple Flag Precious Metals Cor | Buy | +18,000 | +33.3% | $2.39M | 72,000 |
Q4 2025 | VET Vermilion Energy Inc. | Vermilion Energy Inc. | Buy | +16,503 | +6.6% | $2.22M | 266,738 |
Q4 2025 | VOXR Vox Royalty Corp. | Vox Royalty Corp. | Buy | +98,000 | +409.7% | $577.90K | 121,920 |
Q3 2025 | 00000NANA Burford Capital | Burford Capital | Sell - Position Exit | -14,800 | -100.0% | $0.00 | - |
Q3 2025 | 573134103 Marti Technologies | Marti Technologies | Buy | +107,223 | +162.6% | $353.28K | 173,175 |
Q3 2025 | ARVN Arvinas, Inc. | Arvinas, Inc. | Buy - Position Entry | +452,789 | - | $3.86M | 452,789 |
Q3 2025 | CBL CBL & Associates Properties, In | CBL & Associates Properties, In | Buy - Position Entry | +96,563 | - | $2.95M | 96,563 |
Q3 2025 | GNW Genworth Financial Inc | Genworth Financial Inc | Buy | +141,000 | +40.7% | $4.34M | 487,400 |
Q3 2025 | GRAL GRAIL, Inc. | GRAIL, Inc. | Sell | -2,001 | -0.2% | $61.25M | 1,035,897 |