Paul Isaac - Arbiter Partners Capital Management 13F Activity & Position Changes (Q1 2014)

According to the SEC 13F filed on Sep 15, 2026, the Arbiter Partners Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2014. 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 Q1 2014, the filing reported:

New Buys - Imperial Oil Limited, Public Storage, Seneca Foods Corp., Seneca Foods Corp.

Increases - Assured Guaranty, Amkor Technology, Inc., Citigroup, Inc., Capital One Financial Corporati, Devon Energy Corporation, and 7 more

Reductions - Ambac Financial Group, Inc., Goldman Sachs Group, Inc. (The), Microsoft Corporation, Sealed Air Corporation

Complete Exits - MAG Silver Corporation, Northfield Bancorp, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Showing 22 of 22 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2014	AGO Assured Guaranty	Assured Guaranty	Buy	+316,900	+28.9%	$35.77M	1,412,769
Q1 2014	AMBC Ambac Financial Group, Inc.	Ambac Financial Group, Inc.	Sell	-217,141	-28.2%	$17.16M	553,057
Q1 2014	AMKR Amkor Technology, Inc.	Amkor Technology, Inc.	Buy	+150,000	+30.1%	$4.44M	647,711
Q1 2014	C Citigroup, Inc.	Citigroup, Inc.	Buy	+107,000	+107.0%	$9.85M	207,000
Q1 2014	COF Capital One Financial Corporati	Capital One Financial Corporati	Buy	+12,000	+14.5%	$7.33M	94,955
Q1 2014	DVN Devon Energy Corporation	Devon Energy Corporation	Buy	+9,600	+12.7%	$5.70M	85,090
Q1 2014	GEF-B Greif, Inc. Corporation	Greif, Inc. Corporation	Buy	+233,614	+38.2%	$49.63M	845,459
Q1 2014	GS Goldman Sachs Group, Inc. (The)	Goldman Sachs Group, Inc. (The)	Sell	-1,000	-50.0%	$164.00K	1,000
Q1 2014	IMO Imperial Oil Limited	Imperial Oil Limited	Buy - Position Entry	+6,000	-	$279.00K	6,000
Q1 2014	KFFB Kentucky First Federal Bancorp	Kentucky First Federal Bancorp	Buy	+4,866	+9.2%	$500.00K	57,583
Q1 2014	LEN-B Lennar Corporation	Lennar Corporation	Buy	+1,100	+0.6%	$6.26M	191,874
Q1 2014	LMNR Limoneira Co	Limoneira Co	Buy	+500	+1.8%	$628.00K	27,668
Q1 2014	LSBK Lake Shore Bancorp, Inc.	Lake Shore Bancorp, Inc.	Buy	+201	+0.1%	$2.38M	191,893
Q1 2014	MAG MAG Silver Corporation	MAG Silver Corporation	Sell - Position Exit	-111,300	-100.0%	$0.00	-
Q1 2014	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-12,000	-46.2%	$574.00K	14,000
Q1 2014	NEM Newmont Corporation	Newmont Corporation	Buy	+4,500	+86.5%	$227.00K	9,700
Q1 2014	NFBK Northfield Bancorp, Inc.	Northfield Bancorp, Inc.	Sell - Position Exit	-600,140	-100.0%	$0.00	-
Q1 2014	PSA Public Storage	Public Storage	Buy - Position Entry	+6,306	-	$1.06M	6,306
Q1 2014	SEE Sealed Air Corporation	Sealed Air Corporation	Sell	-25,263	-18.6%	$3.64M	110,657
Q1 2014	SENEA Seneca Foods Corp.	Seneca Foods Corp.	Buy - Position Entry	+9,250	-	$291.00K	9,250
Q1 2014	SENEB Seneca Foods Corp.	Seneca Foods Corp.	Buy - Position Entry	+7,500	-	$241.00K	7,500
Q1 2014	XOM Exxon Mobil Corporation	Exxon Mobil Corporation	Buy	+6,000	+200.0%	$879.00K	9,000