Paul Isaac - Arbiter Partners Capital Management Options Holdings (Q3 2019)
According to the SEC 13F filed on Sep 15, 2026, the Arbiter Partners Capital Management portfolio disclosed options positions as of quarter-end Jun 30, 2026. These positions include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 5 call contracts and 9 put contracts across companies such as Motorola Solutions, Inc. (MSI), Tesla, Inc. (TSLA), lululemon athletica inc. (LULU). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 14 of 14 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q3 2019 | MSI | Motorola Solutions, Inc. | PUT | 1,154,800 | $196,789,000.00 |
| Q3 2019 | TSLA | Tesla, Inc. | PUT | 871,000 | $147,461,000.00 |
| Q3 2019 | LULU | lululemon athletica inc. | PUT | 145,800 | $28,071,000.00 |
| Q3 2019 | ASHR | Xtrackers Harvest CSI 300 China | PUT | 449,400 | $12,174,000.00 |
| Q3 2019 | CMG | Chipotle Mexican Grill, Inc. | PUT | 10,000 | $8,405,000.00 |
| Q3 2019 | GS | Goldman Sachs Group, Inc. (The) | CALL | 25,000 | $5,181,000.00 |
| Q3 2019 | NVDA | NVIDIA Corporation | PUT | 24,000 | $4,178,000.00 |
| Q3 2019 | FIVE | Five Below, Inc. | PUT | 23,200 | $2,926,000.00 |
| Q3 2019 | OLLI | Ollie's Bargain Outlet Holdings | PUT | 48,700 | $2,856,000.00 |
| Q3 2019 | PRU | Prudential Financial, Inc. | CALL | 20,000 | $1,799,000.00 |
| Q3 2019 | STT | State Street Corporation | CALL | 30,000 | $1,776,000.00 |
| Q3 2019 | DDS | Dillard's, Inc. | CALL | 14,500 | $959,000.00 |
| Q3 2019 | RRC | Range Resources Corporation | CALL | 50,000 | $191,000.00 |
| Q3 2019 | TXT | Textron Inc. | PUT | 51,300 | - |
Note: Notional value represents the total exposure of the options position.