Paul Isaac - Arbiter Partners Capital Management Portfolio
| Period Date | Jun 30, 2025 | |
| Filing Date | Aug 14, 2025 | |
| Total Stocks | 29 | |
| Portfolio Value | $112.71M |
Arbiter Partners Capital Management Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.9 years | Style | Average duration positions are maintained |
| Position Count | 38 | Style | Number of active positions in portfolio |
| Position Size | 6.4% | Risk | Typical allocation per position |
| Win Rate | 48.0% | Performance | Percentage of profitable positions |
| Average Return | 19.5% | Performance | Mean return across positions |
| Sharpe Ratio | 0.22 | Performance | Return per unit of risk taken |
Investment Case Study: GRAIL INC (GRAL)
6/30/2024 - 8/23/2025
Performance Metrics
Total Return: 552.92%
Holding Period: 419 days
Max Position Size: $53,368,715.00
Position Weight: 16.14%
Key Events
6/30/2024: ENTRY(140,000.00 shares) @ $15.37
9/30/2024: INCREASE(129,108.00 shares) @ $13.76
12/31/2024: INCREASE(561,534.00 shares) @ $17.85
3/31/2025: INCREASE(194,400.00 shares) @ $25.54
6/30/2025: INCREASE(12,856.00 shares) @ $51.42
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure