ARBITER PARTNERS CAPITAL MANAGEMENT LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 100
New Positions 6
Increased Positions 24
Decreased Positions 15
Positions with Activity 39
Sold Out Positions 5
Total Mkt Value (in $ millions) 367

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

Sector Weighting

Basic Materials 13%
Capital Goods 8.74%
Conglomerates
Consumer Cyclical 0.06%
Consumer/Non-Cyclical 0.32%
Energy 11.12%
Financial 25.8%
Healthcare 15.53%
Services 10.94%
Technology 7.75%
Transportation
Utilities 0.05%

15 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
PBF ENERGY INC CL A 8,032 -13,499 (62.7) 280,933
CLEAR CHANNEL OUTDOOR HLDGS IN CL A 5,161 -1,205 (18.93) 446,452
TRIBUNE PUBG CO COM 4,276 -1,182 (21.66) 246,302
BANK OF THE OZARKS INC COM 4,069 -1,339 (24.77) 105,186
SEALED AIR CORP NEW COM 3,155 -261 (7.63) 67,222
LIBERTY INTERACTIVE CORP LBT VENT COM A 1,336 -2,550 (65.62) 30,834
CITIGROUP INC COM NEW 1,021 -12,365 (92.37) 19,000
PUBLIC STORAGE COM 343 -285 (45.37) 1,806
APOLLO GLOBAL MGMT LLC CL A SHS 343 -229 (40) 15,000
HARTFORD FINL SVCS GROUP INC COM 164 -2,055 (92.59) 4,000
ASSURED GUARANTY LTD COM -267 Sold Out 0
INDEPENDENT BANK CORP MICH COM NEW -673 Sold Out 0
LIBERTY TRIPADVISOR HLDGS INC COM SER A -223 Sold Out 0
LORAL SPACE & COMMUNICATNS INC COM -6,601 Sold Out 0
STRAIGHT PATH COMMUNICATNS INC CL B -1,145 Sold Out 0