Paul Isaac - Arbiter Partners Capital Management 13F Activity & Position Changes (Q4 2021)

As of Dec 31, 2021, the Arbiter Partners Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 2022. 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 2021, the filing reported:

New Buys - Jackson Financial Inc., Sportsman's Warehouse Holdings,

Increases - Burford Capital, NI Holdings, Inc., Sonida Senior Living, Inc.

Reductions - Greif, Inc. Corporation, Lincoln National Corporation

Complete Exits - None reported

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 2021	00000NANA Burford Capital	Burford Capital	Buy	+36,601	+28.5%	$1.34K	164,951
Q4 2021	GEF-B Greif, Inc. Corporation	Greif, Inc. Corporation	Sell	-17,770	-6.6%	$14.94K	249,844
Q4 2021	JXN Jackson Financial Inc.	Jackson Financial Inc.	Buy - Position Entry	+263,400	-	$11.02K	263,400
Q4 2021	LNC Lincoln National Corporation	Lincoln National Corporation	Sell	-8,000	-13.3%	$3.55K	52,000
Q4 2021	NODK NI Holdings, Inc.	NI Holdings, Inc.	Buy	+9,692	+90.6%	$386.00	20,392
Q4 2021	SNDA Sonida Senior Living, Inc.	Sonida Senior Living, Inc.	Buy	+189,500	+64.1%	$13.83K	485,299
Q4 2021	SPWH Sportsman's Warehouse Holdings,	Sportsman's Warehouse Holdings,	Buy - Position Entry	+255,600	-	$3.02K	255,600