Arbiter Partners Capital Management — GRAL

How Arbiter Partners Capital Management's position in GRAIL INC changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	1,034,597	$53,467,973	36.27%	TRIM
Q4 2025	1,035,597	$88,636,747	47.7%	NEW