Paul Isaac's Arbiter Partners Capital Management reopened a position in Shinhan Financial Group Co Ltd (SHG) in 2026 Q2, after 1 quarter out, according to the 13F-HR/A filed with the SEC on September 15, 2026. At quarter-end prices the stake was worth about $8.5M, or 2.31% of the reported portfolio. SHG enters the book as the 12th largest of 42 stock positions.
What did the 2026 Q2 filing report for SHG?
As of June 30, 2026, from the 13F-HR/A filed September 15, 2026.
| Value | |
|---|---|
| Shares | 134K |
| Reported value | $8.5M |
| Portfolio weight | 2.31% |
| Rank in portfolio | 12th of 42 |
| Sold out in | 2026 Q1 |
| Out for | 1 quarter |
How big is the returning SHG position?
Paul Isaac opened 5 stock positions in 2026 Q2; SHG is the largest of them by weight. An average stock position in the Paul Isaac portfolio is 2% of the reported value, so the new name starts at about the fund's typical size.
Where does SHG sit in the Paul Isaac portfolio?
SHG ranks 12th of 42 stock positions in the Paul Isaac portfolio at 2.31%, about the fund's average stock position of 2%. The SHG purchase was the 4th largest of the quarter's 45 position changes by percent change to portfolio. The largest stock position is GRAL at 38.42%. Next come GEF-B at 9.86% and CRBG at 6.19%. The three largest stocks together are 54.47% of the book. Across the 2026 Q2 portfolio, Paul Isaac reported 42 stock positions, with 5 opened and 3 closed. The total portfolio value is about $367.5M, up 149% from the prior quarter.
When did Paul Isaac hold SHG before?
Paul Isaac held SHG before. The fund first reported the name in the quarter ended September 30, 2023, sold out in 2026 Q1 and is back after 1 quarter out. The weight peaked at 4.74% in 2025 Q3. Every reported trade is on the Paul Isaac SHG trade history page.
Did other funds buy or sell SHG in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of September 15, 2026, 3 hold SHG. The largest sellers were Richard Pzena, Sarah Ketterer and Lewis Sanders. Every tracked holder of SHG is on the SHG ownership page.
FAQ
How many SHG shares does Paul Isaac hold?
Paul Isaac holds 134K shares of SHG as of June 30, 2026, worth about $8.5M.
What is SHG's weight in the Paul Isaac portfolio?
SHG is 2.31% of the Paul Isaac portfolio and ranks 12th of 42 stocks by weight.
Has Paul Isaac owned SHG before?
Yes. Paul Isaac held SHG before. The fund first reported the name in the quarter ended September 30, 2023, sold out in 2026 Q1 and is back after 1 quarter out.
How many other tracked funds hold SHG?
3 other tracked funds that had filed for 2026 Q2 hold SHG.