Arbiter Partners Capital Management Q2 2026 Portfolio Changes
Paul Isaac's portfolio at Arbiter Partners Capital Management saw significant shifts in the second quarter of 2026, with notable additions and reductions across various sectors.
As of June 30th, 2026, Paul Isaac's portfolio managed by Arbiter Partners Capital Management held a total value of $171.4 million across 33 holdings.
The most pronounced changes during this quarter involved substantial buying and selling activities, impacting the portfolio's allocation significantly. Isaac notably increased his stake in COREBRIDGE FINANCIAL INC (CRBG) by over 690,000 shares, representing a nearly 70% increase in its position value.
Simultaneously, SONIDA SENIOR LIVING INC (SNDA) saw a major boost with an increase of approximately 113,000 shares. These two purchases contributed significantly to the portfolio's growth and realigned sector percentages for CRBG in Financial Services and SNDA in Healthcare.
The investor also divested substantial positions, particularly through significant sales. The holdings of SHINHAN FINANCIAL GROUP-ADR (SHG) and VOX ROYALTY CORP (VOXR) were drastically reduced or eliminated entirely during the quarter.
Additionally, Isaac maintained strong interest in several other companies like NAVIENT CORP (NAVI), increasing its position by 150,000 shares, and OSISKO DEVELOPMENT CORP (ODV), adding another 75,000 shares. Other notable additions included MARTI TECHNOLOGIES INC (573134103) and increases in existing positions like GENWORTH FINANCIAL INC (GNW).
Conversely, there were exits from holdings such as LIBERTY LATIN AMERIC-CL C (LILAK) and COMMUNITY WEST BANCSHARES (CWBC), alongside the major reductions mentioned. Overall, Isaac's portfolio demonstrated active management with significant inflows into certain stocks and outflows from others during Q2 2026.