$959 Million is the total value of Corsair Capital Management's 87 reported holdings in Q3 2015. The portfolio turnover from Q2 2015 to Q3 2015 was 38.2% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| OA | Sell | ORBITAL ATK INC | $55,180,000 | -8.0% | 767,773 | -6.1% | 5.76% | +5.5% |
| KAR | Sell | KAR AUCTION SVCS INC | $47,459,000 | -12.6% | 1,336,881 | -7.9% | 4.95% | +0.1% |
| VOYA | Sell | VOYA FINL INC | $46,881,000 | -21.4% | 1,209,212 | -5.8% | 4.89% | -10.0% |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $45,371,000 | -15.1% | 921,609 | -8.4% | 4.73% | -2.7% |
| COMM | Sell | COMMSCOPE HLDG CO INC | $44,785,000 | -5.0% | 1,491,337 | -3.5% | 4.67% | +8.9% |
| CHMT | Sell | CHEMTURA CORP | $39,995,000 | -9.5% | 1,397,461 | -10.5% | 4.17% | +3.7% |
| AON | Sell | AON PLC | $38,352,000 | -12.5% | 432,823 | -1.5% | 4.00% | +0.3% |
| IMS | Buy | IMS HEALTH HLDGS INC | $37,789,000 | +30.5% | 1,298,576 | +37.4% | 3.94% | +49.5% |
| ARMK | New | ARAMARK | $37,202,000 | – | 1,255,138 | +100.0% | 3.88% | – |
| IAC | Sell | IAC INTERACTIVECORP | $36,023,000 | -37.5% | 551,913 | -23.7% | 3.76% | -28.4% |
| HDS | Sell | HD SUPPLY HLDGS INC | $32,220,000 | -21.7% | 1,125,789 | -3.7% | 3.36% | -10.3% |
| SBGI | Sell | SINCLAIR BROADCAST GROUP INCcl a | $30,846,000 | -15.0% | 1,218,239 | -6.3% | 3.22% | -2.7% |
| OLN | Buy | OLIN CORP | $30,505,000 | +140.3% | 1,814,670 | +285.2% | 3.18% | +175.2% |
| AXTA | Buy | AXALTA COATING SYS LTD | $29,986,000 | -19.4% | 1,183,341 | +5.2% | 3.13% | -7.6% |
| NWSA | Sell | NEWS CORP NEWcl a | $27,652,000 | -17.5% | 2,191,162 | -4.6% | 2.88% | -5.5% |
| GSM | Sell | GLOBE SPECIALTY METALS INC | $26,924,000 | -36.8% | 2,219,641 | -7.8% | 2.81% | -27.6% |
| CLW | Sell | CLEARWATER PAPER CORP | $18,374,000 | -34.1% | 388,942 | -20.0% | 1.92% | -24.5% |
| CPN | Sell | CALPINE CORP | $18,222,000 | -19.8% | 1,248,097 | -1.2% | 1.90% | -8.1% |
| KND | Sell | KINDRED HEALTHCARE INC | $17,089,000 | -25.8% | 1,085,026 | -4.4% | 1.78% | -15.0% |
| VWR | Buy | VWR CORP | $16,081,000 | +1105.5% | 625,962 | +1154.7% | 1.68% | +1286.0% |
| IBP | Sell | INSTALLED BLDG PRODS INC | $15,375,000 | -31.7% | 608,188 | -33.9% | 1.60% | -21.8% |
| RSE | Sell | ROUSE PPTYS INC | $14,364,000 | -19.2% | 921,973 | -15.2% | 1.50% | -7.5% |
| ESL | Sell | ESTERLINE TECHNOLOGIES CORP | $14,190,000 | -29.2% | 197,390 | -6.1% | 1.48% | -18.9% |
| QRTEA | Sell | LIBERTY INTERACTIVE CORP | $14,159,000 | -30.2% | 539,810 | -26.2% | 1.48% | -20.0% |
| LBTYK | Buy | LIBERTY GLOBAL PLC | $13,324,000 | -8.8% | 324,811 | +12.5% | 1.39% | +4.5% |
| PNR | Sell | PENTAIR PLC | $12,816,000 | -26.9% | 251,092 | -1.5% | 1.34% | -16.2% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $11,505,000 | +31.8% | 60,083 | +41.6% | 1.20% | +50.9% |
| CBS | Sell | CBS CORP NEWcl b | $10,290,000 | -43.1% | 257,893 | -20.9% | 1.07% | -34.9% |
| BWXT | New | BWX TECHNOLOGIES INC | $10,068,000 | – | 381,929 | +100.0% | 1.05% | – |
| SIX | Sell | SIX FLAGS ENTMT CORP NEW | $10,006,000 | +0.5% | 218,575 | -1.6% | 1.04% | +15.1% |
| WBA | Buy | WALGREENS BOOTS ALLIANCE INC | $9,468,000 | +4.1% | 113,935 | +5.7% | 0.99% | +19.2% |
| HUN | Sell | HUNTSMAN CORP | $8,626,000 | -62.0% | 890,244 | -13.5% | 0.90% | -56.5% |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $8,610,000 | +4.4% | 66,029 | +8.9% | 0.90% | +19.6% |
| IPHS | Sell | INNOPHOS HOLDINGS INC | $8,446,000 | -49.2% | 213,071 | -32.6% | 0.88% | -41.8% |
| C | Buy | CITIGROUP INC | $7,757,000 | -2.3% | 156,368 | +8.8% | 0.81% | +11.9% |
| NGHC | Sell | NATIONAL GEN HLDGS CORP | $6,663,000 | -14.0% | 345,428 | -7.1% | 0.70% | -1.4% |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $5,717,000 | -37.9% | 133,145 | -21.8% | 0.60% | -29.0% |
| TSO | Buy | TESORO CORP | $5,354,000 | +333.9% | 55,063 | +276.6% | 0.56% | +398.2% |
| NSM | New | NATIONSTAR MTG HLDGS INC | $5,346,000 | – | 385,458 | +100.0% | 0.56% | – |
| STT | Buy | STATE STR CORP | $5,261,000 | -5.0% | 78,279 | +8.9% | 0.55% | +8.9% |
| LVNTA | Sell | LIBERTY INTERACTIVE CORP | $5,220,000 | +1.6% | 129,367 | -1.1% | 0.54% | +16.2% |
| DFS | Buy | DISCOVER FINL SVCS | $5,141,000 | -1.7% | 98,888 | +9.0% | 0.54% | +12.6% |
| CVS | Buy | CVS HEALTH CORP | $4,799,000 | +3.0% | 49,742 | +12.0% | 0.50% | +17.9% |
| DRII | Buy | DIAMOND RESORTS INTL INC | $3,900,000 | -13.0% | 166,729 | +17.3% | 0.41% | -0.2% |
| IWM | New | ISHARES TRrussell 2000 etf | $3,723,000 | – | 34,096 | +100.0% | 0.39% | – |
| EQC | Buy | EQUITY COMWLTH | $3,523,000 | +22.9% | 129,340 | +15.9% | 0.37% | +40.6% |
| ENH | New | ENDURANCE SPECIALTY HLDGS LT | $3,246,000 | – | 53,183 | +100.0% | 0.34% | – |
| XLE | New | SELECT SECTOR SPDR TRsbi int-energy | $3,160,000 | – | 51,639 | +100.0% | 0.33% | – |
| ALSN | Sell | ALLISON TRANSMISSION HLDGS I | $3,008,000 | -40.6% | 112,698 | -34.9% | 0.31% | -31.9% |
| WLBAQ | Sell | WESTMORELAND COAL CO | $2,827,000 | -34.4% | 200,626 | -3.3% | 0.30% | -24.7% |
| AFSI | Buy | AMTRUST FINL SVCS INC | $2,818,000 | +4.7% | 44,743 | +8.9% | 0.29% | +20.0% |
| BW | New | BABCOCK & WILCOX ENTERPRIS I | $2,634,000 | – | 156,780 | +100.0% | 0.28% | – |
| RLGY | Sell | REALOGY HLDGS CORP | $2,530,000 | -39.7% | 67,226 | -25.2% | 0.26% | -30.9% |
| VZ | New | VERIZON COMMUNICATIONS INC | $2,365,000 | – | 54,354 | +100.0% | 0.25% | – |
| EXPE | New | EXPEDIA INC DEL | $1,994,000 | – | 16,945 | +100.0% | 0.21% | – |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $1,948,000 | +2.1% | 28,557 | +11.4% | 0.20% | +16.7% |
| MET | Buy | METLIFE INC | $1,886,000 | -7.4% | 40,001 | +10.0% | 0.20% | +6.5% |
| ALLY | New | ALLY FINL INC | $1,859,000 | – | 91,220 | +100.0% | 0.19% | – |
| VLO | New | VALERO ENERGY CORP NEW | $1,850,000 | – | 30,784 | +100.0% | 0.19% | – |
| PSX | Buy | PHILLIPS 66 | $1,666,000 | +2.1% | 21,681 | +7.1% | 0.17% | +17.6% |
| STRP | Sell | STRAIGHT PATH COMMUNICATNS Icl b | $1,592,000 | -2.5% | 39,388 | -20.9% | 0.17% | +11.4% |
| GLD | Sell | SPDR GOLD TRUST | $1,583,000 | -6.8% | 14,815 | -2.0% | 0.16% | +6.5% |
| SIRI | New | SIRIUS XM HLDGS INC | $1,543,000 | – | 412,598 | +100.0% | 0.16% | – |
| CF | Sell | CF INDS HLDGS INC | $1,504,000 | -42.5% | 33,495 | -17.6% | 0.16% | -34.0% |
| COF | Buy | CAPITAL ONE FINL CORP | $1,443,000 | -7.2% | 19,901 | +12.6% | 0.15% | +5.6% |
| SKX | New | SKETCHERS U S A INCcl a | $1,409,000 | – | 10,508 | +100.0% | 0.15% | – |
| TK | New | TEEKAY CORPORATION | $1,367,000 | – | 46,105 | +100.0% | 0.14% | – |
| CLH | Sell | CLEAN HARBORS INC | $1,317,000 | -57.7% | 29,945 | -48.3% | 0.14% | -51.6% |
| EMN | New | EASTMAN CHEM CO | $1,143,000 | – | 17,655 | +100.0% | 0.12% | – |
| LMCA | New | LIBERTY MEDIA CORP DELAWAREcl a | $1,142,000 | – | 31,968 | +100.0% | 0.12% | – |
| XHR | Buy | XENIA HOTELS & RESORTS INC | $1,067,000 | +14.2% | 61,136 | +42.3% | 0.11% | +30.6% |
| HON | Buy | HONEYWELL INTL INC | $1,022,000 | -0.6% | 10,797 | +7.1% | 0.11% | +13.8% |
| SPG | New | SIMON PPTY GROUP INC NEW | $963,000 | – | 5,242 | +100.0% | 0.10% | – |
| TWX | Sell | TIME WARNER INC | $943,000 | -74.4% | 13,719 | -67.5% | 0.10% | -70.8% |
| OFS | Sell | OFS CAP CORP | $862,000 | -19.0% | 84,155 | -5.1% | 0.09% | -7.2% |
| TRIP | New | TRIPADVISOR INC | $790,000 | – | 12,532 | +100.0% | 0.08% | – |
| OXY | Buy | OCCIDENTAL PETE CORP DEL | $707,000 | -12.7% | 10,689 | +2.7% | 0.07% | 0.0% |
| LYB | Sell | LYONDELLBASELL INDUSTRIES N | $688,000 | -68.0% | 8,255 | -60.2% | 0.07% | -63.3% |
| L | Sell | LOEWS CORP | $581,000 | -43.8% | 16,071 | -40.1% | 0.06% | -35.1% |
| AER | Buy | AERCAP HOLDINGS NV | $578,000 | +27.3% | 15,109 | +52.6% | 0.06% | +46.3% |
| SUNEQ | Buy | SUNEDISON INC | $467,000 | -68.8% | 65,025 | +30.1% | 0.05% | -64.0% |
| RJETQ | Sell | REPUBLIC AWYS HLDGS INC | $444,000 | -99.0% | 76,870 | -98.3% | 0.05% | -98.8% |
| ENZ | Sell | ENZO BIOCHEM INC | $372,000 | +3.3% | 117,195 | -1.5% | 0.04% | +18.2% |
| JASN | Sell | JASON INDS INC | $338,000 | -64.7% | 77,269 | -45.1% | 0.04% | -59.8% |
| XHB | New | SPDR SERIES TRUSTs&p homebuild | $287,000 | – | 8,384 | +100.0% | 0.03% | – |
| AA | New | ALCOA INC | $175,000 | – | 18,164 | +100.0% | 0.02% | – |
| HOSSQ | Sell | HORNBECK OFFSHORE SVCS INC N | $160,000 | -84.0% | 11,833 | -75.7% | 0.02% | -81.3% |
| VHI | Exit | VALHI INC NEW | $0 | – | -31,135 | -100.0% | -0.02% | – |
| ZINCQ | Exit | HORSEHEAD HLDG CORP | $0 | – | -22,229 | -100.0% | -0.02% | – |
| LTRPA | Exit | LIBERTY TRIPADVISOR HLDGS IN | $0 | – | -9,313 | -100.0% | -0.03% | – |
| OI | Exit | OWENS ILL INC | $0 | – | -13,187 | -100.0% | -0.03% | – |
| SIGM | Exit | SIGMA DESIGNS INC | $0 | – | -38,922 | -100.0% | -0.04% | – |
| WMB | Exit | WILLIAMS COS INC DEL | $0 | – | -14,555 | -100.0% | -0.08% | – |
| BLL | Exit | BALL CORP | $0 | – | -50,036 | -100.0% | -0.32% | – |
| DGI | Exit | DIGITALGLOBE INC | $0 | – | -165,894 | -100.0% | -0.42% | – |
| F102PS | Exit | BABCOCK & WILCOX CO NEW | $0 | – | -309,136 | -100.0% | -0.92% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2015-11-12
Signatures
The EDGAR filing(s) were signed by:
About Corsair Capital Management
Corsair Capital Management is a New York-based investment firm that specializes in the financial services industry. The firm was founded in 1992 by Jay Petschek and has since grown to manage over $1 billion in assets. Corsair Capital Management has a team of experienced professionals, including CEO and Managing Partner, Jeremy Schein, COO, Michael Flynn, and Chief Investment Officer, Steve Berger.
Corsair Capital Management has a long history of investing in financial services companies, including banks, insurance companies, and asset managers. The firm takes a long-term approach to investing and seeks to identify companies with strong management teams, competitive advantages, and attractive growth prospects.
One of Corsair Capital Management's most successful investments was in the insurance company, Validus Holdings. The firm invested in Validus in 2005 and helped the company grow through a series of acquisitions. In 2018, Validus was acquired by American International Group for $5.6 billion, generating a significant return for Corsair Capital Management and its investors.
Overall, Corsair Capital Management has a strong track record of investing in the financial services industry and has demonstrated the ability to identify attractive investment opportunities. However, as with any investment, there are risks involved, and investors should carefully consider their investment objectives and risk tolerance before investing in any fund managed by Corsair Capital Management.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| SPDR S&P 500 ETF TR | 42 | Q3 2023 | 6.2% |
| BERKSHIRE HATHAWAY INC DEL | 42 | Q3 2023 | 2.5% |
| DISCOVER FINL SVCS | 42 | Q3 2023 | 0.6% |
| SPDR GOLD TRUST | 42 | Q3 2023 | 0.7% |
| VOYA FINL INC | 38 | Q3 2023 | 5.9% |
| CITIGROUP INC | 35 | Q1 2022 | 1.1% |
| MADISON SQUARE GRDN SPRT COR | 31 | Q3 2023 | 1.0% |
| STATE STREET CORP | 31 | Q4 2020 | 0.9% |
| AON PLC | 29 | Q2 2020 | 6.5% |
| HD SUPPLY HOLDINGS INC. | 29 | Q3 2020 | 4.4% |
View Corsair Capital Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| CompoSecure, Inc.Sold out | February 11, 2022 | 0 | 0.0% |
| Juniper Industrial Holdings, Inc.Sold out | February 11, 2022 | 0 | 0.0% |
| OppFi Inc.Sold out | February 11, 2022 | 0 | 0.0% |
| Baudax Bio, Inc. | February 16, 2021 | 34,160 | - |
| Danimer Scientific, Inc. | January 25, 2021 | 837,394 | 1.0% |
| Live Oak Acquisition Corp | October 22, 2020 | 837,394 | 4.2% |
| Baudax Bio, Inc. | February 13, 2020 | 332,816 | 3.6% |
| GLOBE SPECIALTY METALS INCSold out | February 16, 2016 | 0 | 0.0% |
| REPUBLIC AIRWAYS HOLDINGS INCSold out | February 16, 2016 | 0 | 0.0% |
| TRIMEDYNE INC | February 13, 2015 | 419,693 | 2.3% |
View Corsair Capital Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| 13F-HR | 2023-11-13 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-12 |
| SC 13G | 2023-03-08 |
| SC 13G/A | 2023-02-14 |
| 13F-HR | 2023-02-14 |
| 13F-HR | 2022-11-14 |
View Corsair Capital Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.