Paul Isaac - Arbiter Partners Capital Management 13F Activity & Position Changes (Q2 2015)

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 Jun 30, 2015. 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 Q2 2015, the filing reported:

New Buys - Koppers Holdings Inc., Kearny Financial, Micron Technology, Inc., Pentair, Teck Resources Ltd, and 1 more

Increases - Amkor Technology, Inc., Extreme Networks, Inc., First Northwest Bancorp, Sprott Focus Trust, Inc. - Clos, Kentucky First Federal Bancorp, and 3 more

Reductions - Carnival Corporation, Equinix, Inc., Limoneira Co

Complete Exits - American Homes 4 Rent, BlackRock Resources of Benefic

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

Showing 19 of 19 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2015	AMH American Homes 4 Rent	American Homes 4 Rent	Sell - Position Exit	-10,000	-100.0%	$0.00	-
Q2 2015	AMKR Amkor Technology, Inc.	Amkor Technology, Inc.	Buy	+3,068,824	+2330.0%	$19.14M	3,200,535
Q2 2015	BCX BlackRock Resources of Benefic	BlackRock Resources of Benefic	Sell - Position Exit	-41,671	-100.0%	$0.00	-
Q2 2015	CCL Carnival Corporation	Carnival Corporation	Sell	-15,000	-33.3%	$1.48M	30,000
Q2 2015	EQIX Equinix, Inc.	Equinix, Inc.	Sell	-39,277	-92.6%	$793.00K	3,124
Q2 2015	EXTR Extreme Networks, Inc.	Extreme Networks, Inc.	Buy	+2,290,726	+87.8%	$13.18M	4,900,000
Q2 2015	FNWB First Northwest Bancorp	First Northwest Bancorp	Buy	+58,591	+39.1%	$2.60M	208,591
Q2 2015	FUND Sprott Focus Trust, Inc. - Clos	Sprott Focus Trust, Inc. - Clos	Buy	+173	+1.4%	$86.00K	12,136
Q2 2015	KFFB Kentucky First Federal Bancorp	Kentucky First Federal Bancorp	Buy	+20,595	+35.8%	$655.00K	78,178
Q2 2015	KOP Koppers Holdings Inc.	Koppers Holdings Inc.	Buy - Position Entry	+228,631	-	$5.65M	228,631
Q2 2015	KRNY Kearny Financial	Kearny Financial	Buy - Position Entry	+431,035	-	$4.81M	431,035
Q2 2015	LEN-B Lennar Corporation	Lennar Corporation	Buy	+141,996	+53.3%	$17.62M	408,536
Q2 2015	LMNR Limoneira Co	Limoneira Co	Sell	-15,000	-54.2%	$282.00K	12,668
Q2 2015	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy - Position Entry	+712,500	-	$13.42M	712,500
Q2 2015	NAK Northern Dynasty Minerals, Ltd.	Northern Dynasty Minerals, Ltd.	Buy	+758,911	+898.8%	$287.00K	843,348
Q2 2015	PBT Permian Basin Royalty Trust	Permian Basin Royalty Trust	Buy	+254,114	+41.9%	$6.94M	860,697
Q2 2015	PNR Pentair	Pentair	Buy - Position Entry	+90,000	-	$6.19M	90,000
Q2 2015	TECK Teck Resources Ltd	Teck Resources Ltd	Buy - Position Entry	+200,240	-	$1.98M	200,240
Q2 2015	TPC Tutor Perini Corporation	Tutor Perini Corporation	Buy - Position Entry	+225,014	-	$4.86M	225,014