0001502826-11-000002.txt : 20110516 0001502826-11-000002.hdr.sgml : 20110516 20110516170957 ACCESSION NUMBER: 0001502826-11-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 EFFECTIVENESS DATE: 20110516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Arbiter Partners QP, LP CENTRAL INDEX KEY: 0001502826 IRS NUMBER: 273380922 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14377 FILM NUMBER: 11848325 BUSINESS ADDRESS: STREET 1: 149 FIFTH AVENUE, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-452-9119 MAIL ADDRESS: STREET 1: 149 FIFTH AVENUE, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 13F-HR 1 arb13f1q11.txt United States Securities and Exchange Commission Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 Check here if Amendment [ ]; Amendment Number: ________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Arbiter Partners, QP, LP Address: 149 Fifth Avenue, Fifteenth Floor New York, NY 10010 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Paul J. Isaac Title: Manager Phone: (212) 650-4670 Signature, Place, and Date of Signing: /s/ Paul J. Isaac New York, NY May 16, 2011 ----------------------- ------------------ ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 --- Form 13F Information Table Entry Total: 93 ---- Form 13F Information Table Value Total: $753,179 --------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all Institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 ----------------------- -------- --------- -------- ------------------- ---------- -------- ------------------ Value Shares/ SH/ Put/ Investment Other Voting Authority Name of Issuer Class CUSIP (x$1000) Prn Amt Prn Call Discretion Managers Sole Shared None -------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- Abbott Laboratories COM 002824100 9,810 200,000 SH CALL SOLE 200,000 Allstate Corp COM 020002101 10,662 335,500 SH SOLE 335,500 Allstate Corp COM 020002101 29,667 933,500 SH CALL SOLE 933,500 American Intl Group WTS 026874156 5,009 450,000 SH SOLE 450,000 Anadarko Petroleum Corp COM 032511107 16,384 200,000 SH CALL SOLE 200,000 Archer Daniels Midland COM 039483102 15,081 418,800 SH CALL SOLE 418,800 Ascent Media Corp COM ser A 043632108 14,491 296,639 SH SOLE 296,639 Baldwin & Lyons Inc CL A 057755100 60 2,738 SH SOLE 2,738 Baldwin & Lyons Inc CL B 057755209 1,090 46,543 SH SOLE 46,543 Campbell Soup Co COM 134429109 1,656 50,000 SH CALL SOLE 50,000 Capital ONe Financial WTS 14040H139 276 12,755 SH SOLE 12,755 Capital Senior Living COM 140475104 14,414 1,357,221 SH SOLE 1,357,221 Capitol Federal Financal COM 14057J101 2,832 251,291 SH SOLE 251,291 Capitol Federal Financal COM 9EQ2F0SY9 1,209 45,000 SH SOLE 45,000 Chubb Corp COM 171232101 613 10,000 SH SOLE 10,000 Chubb Corp COM 171232101 26,026 424,500 SH CALL SOLE 424,500 Cisco Systems, Inc COM 17275R102 8,575 500,000 SH CALL SOLE 500,000 Coca-Cola Enterprises COM 9EQ2EMX26 3,730 100,000 SH CALL SOLE 100,000 Colgate-Palmolive COM 194162103 8,076 100,000 SH CALL SOLE 100,000 Comcast Corp CL A voting 20030N101 9,455 382,500 SH SOLE 382,500 Comcast Corp CL A voting 20030N101 4,944 200,000 SH CALL SOLE 200,000 Comcast Corp CL A Non vot. 20030N200 7,101 305,800 SH SOLE 305,800 Comcast Corp CL A Non vot. 20030N200 3,372 145,200 SH CALL SOLE 145,200 Consolidated-Tomoka Land COM 210226106 1,111 34,276 SH SOLE 34,276 Corelogic Inc COM 21871D103 1,203 65,000 SH SOLE 65,000 CSG Systems Intl Inc COM 126349109 1,353 67,874 SH SOLE 67,874 Devon Energy Corporation COM 25179M103 11,930 130,000 SH CALL SOLE 130,000 Dex One Corp COM 25212W100 4,950 1,022,790 SH SOLE 1,022,790 EBAY INC. COM 278642103 621 20,000 SH SOLE 20,000 El Paso Corp COM 28336L109 1,800 100,000 SH SOLE 100,000 EMC Corporation COM 268648102 6,640 250,000 SH CALL SOLE 250,000 Equinix Inc COM 29444U502 74,201 814,500 SH CALL SOLE 814,500 ETF Physical Platinum ETF 26922V101 9,667 55,000 SH SOLE 55,000 Exxon Mobil Corp COM 30231G102 38,826 461,500 SH CALL SOLE 461,500 General Dynamics Corp. COM 369550108 7,656 100,000 SH CALL SOLE 100,000 General Electric Co COM 369550108 3,114 155,300 SH CALL SOLE 155,300 Genworth Financial inc CL A 37247D106 5,052 375,311 SH SOLE 375,311 Genworth Financial inc CL A 37247D106 10,810 803,100 SH CALL SOLE 803,100 Gilead Sciences COM 375558103 5,309 125,000 SH CALL SOLE 125,000 Globalstar Inc COM 378973408 512 403,500 SH SOLE 403,500 Goldman Sachs Group Inc COM 38141G104 77,460 488,400 SH CALL SOLE 488,400 Greif Inc CL B 397624206 31,533 511,903 SH SOLE 511,903 Hess Corporation COM 42809H107 4,261 50,000 SH CALL SOLE 50,000 Hewlett-Packard Co. COM 428236103 2,049 50,000 SH CALL SOLE 50,000 Intel Corp. COM 458140100 11,099 550,000 SH CALL SOLE 550,000 IPASS Inc COM 46261V108 1,780 1,141,100 SH SOLE 1,141,100 IPATH S&P 500 VIX ETN 06740C261 -16,115 548,700 SH PUT SOLE 548,700 Iron Mountain INc COM 462846106 2,074 66,400 SH SOLE 66,400 Ishares Silver Trust ETF 46428Q109 3,677 100,000 SH CALL SOLE 100,000 Johnson & Johnson COM 478160104 11,850 200,000 SH CALL SOLE 200,000 Kraft Foods Inc CL A 50075N104 6,272 200,000 SH CALL SOLE 200,000 Kroger Company COM 501044101 3,977 165,900 SH CALL SOLE 165,900 Liberty Global Inc COM Ser A 530555101 441 10,647 SH SOLE 10,647 Liberty Global Inc COM Ser C 530555309 426 10,647 SH SOLE 10,647 Liberty Media Hldg Corp COM Ser A 53071M104 10,981 684,601 SH SOLE 684,601 Liberty Media Hldg Corp Cap Com Ser A 53071M302 28,521 387,140 SH SOLE 387,140 Loral Space & Comm COM 543881106 13,702 176,686 SH SOLE 176,686 Lowes Companies Inc COM 548661107 15,728 595,100 SH CALL SOLE 595,100 M & F Worldwide Corp COM 552541104 992 39,490 SH SOLE 39,490 MTR Gaming Group Inc COM 553769100 5,383 2,054,686 SH SOLE 2,054,686 Microsoft Corporation COM 594918104 43,163 1,700,000 SH CALL SOLE 1,700,000 Mod Pac Corp COM 607495108 898 145,862 SH SOLE 145,862 Netflix Com INc COM 64110L106 -4,756 20,000 SH PUT SOLE 20,000 Newmont Mining Corp COM 651639106 38,206 700,000 SH CALL SOLE 700,000 Old Republic Intl corp COM 680223104 1,156 91,098 SH SOLE 91,098 Oracle Corporation COM 68389X105 3,343 100,000 SH CALL SOLE 100,000 Presidential Life Corp COM 740884101 18,491 1,940,339 SH SOLE 1,940,339 Raytheon Co. COM 755111507 22,230 437,000 SH CALL SOLE 437,000 Reddy Ice Holdings Inc COM 75734R105 306 101,835 SH SOLE 101,835 Regis Corp COM 758932107 11,561 651,688 SH SOLE 651,688 Riverbed Technology INc COM 768573107 -7,575 201,200 SH PUT SOLE 201,200 Salesforce.com Inc COM 79466L302 -6,679 50,000 SH PUT SOLE 50,000 Seabright Hldg Inc COM 811656107 104 10,176 SH SOLE 10,176 Sealed Air Corporation COM 81211K100 7,758 291,000 SH SOLE 291,000 SPDR Gold Trust ETF 78463V107 6,993 50,000 SH CALL SOLE 50,000 SPDR Gold Trust ETF 78463V107 -5,594 40,000 SH PUT SOLE 40,000 SPDR S&P 500 ETF Trust ETF 78462F103 -83,267 628,000 SH PUT SOLE 628,000 State Auto Financial COM 855707105 198 10,877 SH SOLE 10,877 Telephone and Data Sys. COM Special 879433860 1,110 37,600 SH SOLE 37,600 The Home Depot, INc COM 437076102 7,412 200,000 SH CALL SOLE 200,000 Toreador Res Corp COM 891050106 1,879 174,335 SH SOLE 174,335 United Technologies Corp COM 913017109 12,698 150,000 SH CALL SOLE 150,000 Verizon Comm. COM 92343V104 -7,708 200,000 SH PUT SOLE 200,000 Virgin Media Inc COM 92769L101 2,779 100,000 SH SOLE 100,000 Virgin Media Inc COM 92769L101 278 10,000 SH Call SOLE 10,000 Wal Mart Stores Inc COM 931142103 10,410 200,000 SH CALL SOLE 200,000 Walgreen Co. COM 931422109 4,142 103,200 SH CALL SOLE 103,200 Warren Resources Inc. COM 93564A100 4,184 818,732 SH SOLE 818,732 Waste Management Inc COM 94106L109 25,205 675,000 SH CALL SOLE 675,000 Williams Companies Inc COM 969457100 7,234 232,000 SH SOLE 232,000 Williams Companies Inc COM 969457100 15,278 490,000 SH CALL SOLE 490,000 XL Capital LTD CL A G98255105 1,525 62,000 SH SOLE 62,000 XL Capital LTD CL A G98255105 24,841 1,009,800 SH CALL SOLE 1,009,800 *Long puts reflect a negative notional value and have been subtracted from the total notional value.