ARBITER PARTNERS CAPITAL MANAGEMENT LLC Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 103
New Positions 9
Increased Positions 21
Decreased Positions 19
Positions with Activity 40
Sold Out Positions 9
Total Mkt Value (in $ millions) 344

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

Sector Weighting

Basic Materials 12.08%
Capital Goods 9.31%
Conglomerates
Consumer Cyclical 0.07%
Consumer/Non-Cyclical 0.32%
Energy 10.24%
Financial 26.42%
Healthcare 14.82%
Services 10.8%
Technology 9.35%
Transportation
Utilities

103 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
AMKOR TECHNOLOGY INC COM 890 -41 (4.36) 131,711
MAG SILVER CORP COM 879 New 111,300
OCONEE FED FINL CORP COM 848 New 42,388
ERIE INDTY CO CL A 814 492 152.82 9,099
BROOKDALE SR LIVING INC COM 774 New 21,090
BLACKSTONE GROUP L P COM UNIT LTD 721 New 20,000
SHORE BANCSHARES INC COM 711 New 75,000
POWERSECURE INTL INC COM 672 New 71,600
PUBLIC STORAGE COM 670 New 3,306
ASB BANCORP INC N C COM 658 New 32,300
INDEPENDENT BANK CORP MICH COM NEW 648 New 51,000
APACHE CORP COM 629 New 10,000
APOLLO GLOBAL MGMT LLC CL A SHS 616 New 25,000
LIMONEIRA CO COM 590 New 27,668
MERIDIAN BANCORP INC MD COM 573 573 New 50,244
PSB HLDGS INC COM 526 New 70,862
SALEM COMMUNICATIONS CORP DEL CL A 503 164 48.37 68,399
KENTUCKY FIRST FED BANCORP COM 470 New 57,583
PEOPLES BANCORP N C INC COM 464 New 25,794
AMBAC FINL GROUP INC WT EXP 043023 454 New 29,200