Paul Isaac - Arbiter Partners Capital Management Options Holdings (Q4 2017)
As of Dec 31, 2017, the Arbiter Partners Capital Management portfolio disclosed options positions in its latest SEC 13F filing reported on May 12, 2026. These filings 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 4 call contracts and 7 put contracts across companies such as Tesla, Inc. (TSLA), Motorola Solutions, Inc. (MSI), iShares Russell 2000 ETF (IWM). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 11 of 11 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q4 2017 | TSLA | Tesla, Inc. | PUT | 1,157,000 | $360,232.00 |
| Q4 2017 | MSI | Motorola Solutions, Inc. | PUT | 1,073,500 | $96,980.00 |
| Q4 2017 | IWM | iShares Russell 2000 ETF | PUT | 250,000 | $38,115.00 |
| Q4 2017 | IRM | Iron Mountain Incorporated (Del | PUT | 290,000 | $10,942.00 |
| Q4 2017 | DVN | Devon Energy Corporation | CALL | 175,000 | $7,245.00 |
| Q4 2017 | DDS | Dillard's, Inc. | CALL | 90,000 | $5,404.00 |
| Q4 2017 | ALGN | Align Technology, Inc. | PUT | 20,000 | $4,444.00 |
| Q4 2017 | MCK | McKesson Corporation | CALL | 28,000 | $4,367.00 |
| Q4 2017 | FIVE | Five Below, Inc. | PUT | 40,000 | $2,653.00 |
| Q4 2017 | BURL | Burlington Stores, Inc. | PUT | 20,000 | $2,461.00 |
| Q4 2017 | GME | GameStop Corporation | CALL | 80,000 | $1,436.00 |
Note: Notional value represents the total exposure of the options position.