ARBITER PARTNERS CAPITAL MANAGEMENT LLC Information

11 E 44TH STREET, SUITE 700, NEW YORK, New York, 10017, (212) 452-9119

Report Date: 06/30/2014

Position Statistics

Total Positions 98
New Positions 11
Increased Positions 25
Decreased Positions 13
Positions with Activity 38
Sold Out Positions 4
Total Mkt Value (in $ millions) 339

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 14.34%
Capital Goods 7.84%
Conglomerates
Consumer Cyclical 0.18%
Consumer/Non-Cyclical 0.35%
Energy 5.68%
Financial 30.6%
Healthcare 11.55%
Services 10.27%
Technology 16.34%
Transportation
Utilities

13 DECREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
COWEN GROUP INC NEW CL A 12,740 -109 (0.85) 3,262,375
ASSURED GUARANTY LTD COM 6,660 -26,144 (79.7) 286,837
AMBAC FINL GROUP INC COM NEW 6,621 -5,906 (47.14) 292,327
AMKOR TECHNOLOGY INC COM 1,277 -4,728 (78.74) 137,711
CAPITAL ONE FINL CORP COM 1,009 -6,974 (87.36) 12,000
PUBLIC STORAGE COM 545 -495 (47.57) 3,306
EXXON MOBIL CORP COM 291 -583 (66.67) 3,000
ADVISORSHARES TR TRIMTABS FLT 263 -211 (44.44) 5,000
ARMOUR RESIDENTIAL REIT INC COM 163 -41 (20) 40,000
AERCAP HOLDINGS NV SHS -443 Sold Out 0
ANNALY CAP MGMT INC COM -113 Sold Out 0
APOLLO COML REAL EST FIN INC COM -166 Sold Out 0
TIVO INC COM -669 Sold Out 0