$723 Million is the total value of Corsair Capital Management's 85 reported holdings in Q1 2016. The portfolio turnover from Q4 2015 to Q1 2016 was 16.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AON | Sell | AON PLC | $39,822,000 | +7.1% | 381,250 | -5.5% | 5.51% | +18.9% |
| OA | Sell | ORBITAL ATK INC | $37,330,000 | -22.7% | 429,377 | -20.6% | 5.17% | -14.1% |
| KAR | Sell | KAR AUCTION SVCS INC | $34,819,000 | -22.7% | 912,928 | -25.0% | 4.82% | -14.2% |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $34,346,000 | -16.9% | 667,168 | -16.7% | 4.75% | -7.8% |
| VOYA | Sell | VOYA FINL INC | $31,444,000 | -21.9% | 1,056,233 | -3.2% | 4.35% | -13.3% |
| IMS | Sell | IMS HEALTH HLDGS INC | $28,069,000 | -9.4% | 1,057,227 | -13.1% | 3.88% | +0.5% |
| HDS | Sell | HD SUPPLY HLDGS INC | $26,586,000 | -11.2% | 803,939 | -19.4% | 3.68% | -1.4% |
| ARMK | Sell | ARAMARK | $26,264,000 | -23.5% | 792,989 | -25.5% | 3.63% | -15.0% |
| IAC | Buy | IAC INTERACTIVECORP | $25,209,000 | -3.5% | 535,456 | +23.1% | 3.49% | +7.2% |
| AXTA | Sell | AXALTA COATING SYS LTD | $24,918,000 | -10.7% | 853,355 | -18.5% | 3.45% | -0.8% |
| NSAM | Buy | NORTHSTAR ASSET MGMT GROUP I | $23,833,000 | -5.4% | 2,099,806 | +1.2% | 3.30% | +5.0% |
| QRTEA | Buy | LIBERTY INTERACTIVE CORP | $23,021,000 | +25.0% | 911,728 | +35.2% | 3.19% | +38.8% |
| DRII | Buy | DIAMOND RESORTS INTL INC | $20,475,000 | +199.2% | 842,577 | +214.1% | 2.83% | +232.1% |
| OLN | Sell | OLIN CORP | $19,057,000 | -25.9% | 1,097,114 | -26.4% | 2.64% | -17.7% |
| NWSA | Buy | NEWS CORP NEWcl a | $18,062,000 | +8.9% | 1,414,424 | +13.9% | 2.50% | +20.9% |
| VWR | Sell | VWR CORP | $17,273,000 | -24.3% | 638,332 | -20.8% | 2.39% | -15.9% |
| COMM | Sell | COMMSCOPE HLDG CO INC | $16,926,000 | -38.6% | 606,216 | -43.1% | 2.34% | -31.9% |
| SBGI | Sell | SINCLAIR BROADCAST GROUP INCcl a | $16,841,000 | -38.8% | 547,678 | -35.2% | 2.33% | -32.0% |
| SYF | Buy | SYNCHRONY FINL | $14,525,000 | +229.2% | 506,798 | +248.7% | 2.01% | +265.5% |
| CLW | Sell | CLEARWATER PAPER CORP | $14,231,000 | -6.1% | 293,363 | -11.9% | 1.97% | +4.2% |
| IWM | New | ISHARES TRrussell 2000 etf | $14,162,000 | – | 128,011 | +100.0% | 1.96% | – |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $13,645,000 | -4.8% | 66,392 | -5.5% | 1.89% | +5.7% |
| GSM | Sell | FERROGLOBE PLC | $12,457,000 | -28.8% | 1,413,914 | -13.2% | 1.72% | -21.0% |
| IBP | Sell | INSTALLED BLDG PRODS INC | $11,750,000 | -7.9% | 441,564 | -14.1% | 1.63% | +2.3% |
| BWXT | Sell | BWX TECHNOLOGIES INC | $10,539,000 | -7.6% | 314,039 | -12.6% | 1.46% | +2.5% |
| PNR | Sell | PENTAIR PLC | $10,394,000 | -8.1% | 191,558 | -16.2% | 1.44% | +2.0% |
| ALLY | Buy | ALLY FINL INC | $10,342,000 | +942.5% | 552,469 | +938.2% | 1.43% | +1054.0% |
| CPN | Sell | CALPINE CORP | $10,342,000 | -10.4% | 681,772 | -14.5% | 1.43% | -0.5% |
| WLTW | New | WILLIS TOWERS WATSON PUB LTD | $8,926,000 | – | 75,226 | +100.0% | 1.24% | – |
| SIX | Sell | SIX FLAGS ENTMT CORP NEW | $8,850,000 | -25.5% | 159,493 | -26.2% | 1.22% | -17.3% |
| LBTYK | Sell | LIBERTY GLOBAL PLC | $8,266,000 | -25.0% | 220,073 | -18.6% | 1.14% | -16.7% |
| WBA | Sell | WALGREENS BOOTS ALLIANCE INC | $7,420,000 | -17.7% | 88,079 | -16.8% | 1.03% | -8.5% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $7,156,000 | -6.8% | 50,435 | -13.3% | 0.99% | +3.4% |
| C | Sell | CITIGROUP INC | $5,623,000 | -29.6% | 134,680 | -12.7% | 0.78% | -21.8% |
| NGHC | Sell | NATIONAL GEN HLDGS CORP | $5,201,000 | -25.1% | 240,919 | -24.2% | 0.72% | -16.8% |
| LVNTA | Buy | LIBERTY INTERACTIVE CORP | $5,017,000 | -9.1% | 128,250 | +4.8% | 0.69% | +0.9% |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $4,584,000 | -16.8% | 119,075 | -8.5% | 0.63% | -7.7% |
| TSO | Sell | TESORO CORP | $4,494,000 | -22.1% | 52,250 | -4.6% | 0.62% | -13.5% |
| CVS | Sell | CVS HEALTH CORP | $4,478,000 | -9.1% | 43,168 | -14.4% | 0.62% | +1.0% |
| ESL | Sell | ESTERLINE TECHNOLOGIES CORP | $4,464,000 | -43.5% | 69,681 | -28.5% | 0.62% | -37.2% |
| DFS | Sell | DISCOVER FINL SVCS | $3,787,000 | -18.2% | 74,377 | -13.9% | 0.52% | -9.2% |
| XLF | New | SELECT SECTOR SPDR TRsbi int-finl | $3,707,000 | – | 164,738 | +100.0% | 0.51% | – |
| XLE | Sell | SELECT SECTOR SPDR TRsbi int-energy | $3,204,000 | -56.9% | 51,771 | -78.0% | 0.44% | -52.2% |
| MSGS | New | MADISON SQUARE GARDEN CO NEWcl a | $3,020,000 | – | 18,153 | +100.0% | 0.42% | – |
| VZ | VERIZON COMMUNICATIONS INC | $2,845,000 | +17.0% | 52,605 | 0.0% | 0.39% | +30.0% | |
| BW | Sell | BABCOCK & WILCOX ENTERPRIS I | $2,823,000 | -9.1% | 131,935 | -11.3% | 0.39% | +1.0% |
| STT | Sell | STATE STR CORP | $2,307,000 | -32.9% | 39,416 | -24.0% | 0.32% | -25.6% |
| ENH | Sell | ENSURANCE SPECIALTY HLDGS LT | $2,304,000 | -31.7% | 35,255 | -33.1% | 0.32% | -24.0% |
| MET | Buy | METLIFE INC | $2,138,000 | +23.4% | 48,660 | +35.5% | 0.30% | +37.0% |
| EMN | Buy | EASTMAN CHEM CO | $2,094,000 | +75.7% | 28,986 | +64.2% | 0.29% | +94.6% |
| AFSI | Buy | AMTRUST FINL SVCS INC | $2,078,000 | -26.2% | 80,302 | +75.6% | 0.29% | -17.9% |
| VLO | VALERO ENERGY CORP NEW | $1,814,000 | -9.3% | 28,281 | 0.0% | 0.25% | +0.8% | |
| EXPE | EXPEDIA INC DEL | $1,789,000 | -13.2% | 16,592 | 0.0% | 0.25% | -3.5% | |
| PSX | Sell | PHILLIPS 66 | $1,654,000 | -5.8% | 19,107 | -11.0% | 0.23% | +4.6% |
| SIRI | SIRIUS XM HLDGS INC | $1,630,000 | -2.9% | 412,598 | 0.0% | 0.23% | +8.1% | |
| ECPG | New | ENCORE CAP GROUP INC | $1,597,000 | – | 62,044 | +100.0% | 0.22% | – |
| GLD | Sell | SPDR GOLD TRUST | $1,544,000 | +8.9% | 13,129 | -6.1% | 0.21% | +20.9% |
| SPG | Buy | SIMON PPTY GROUP INC NEW | $1,504,000 | +47.6% | 7,242 | +38.2% | 0.21% | +63.8% |
| KND | Sell | KINDRED HEALTHCARE INC | $1,490,000 | -79.7% | 120,613 | -80.4% | 0.21% | -77.4% |
| CNX | Sell | CONSOL ENERGY INC | $1,449,000 | -61.7% | 128,318 | -73.2% | 0.20% | -57.3% |
| FCAU | Sell | FIAT CHRYSLER AUTOMOBILES N | $1,285,000 | -43.8% | 159,464 | -2.5% | 0.18% | -37.5% |
| CBS | Sell | CBS CORP NEWcl b | $1,178,000 | -79.9% | 21,388 | -82.8% | 0.16% | -77.7% |
| LMCA | Sell | LIBERTY MEDIA CORP DELAWAREcl a | $1,080,000 | -13.1% | 27,945 | -11.8% | 0.15% | -3.9% |
| HON | Sell | HONEYWELL INTL INC | $1,056,000 | -4.6% | 9,420 | -11.9% | 0.15% | +5.8% |
| TRCO | New | TRIBUNE MEDIA COcl a | $843,000 | – | 21,993 | +100.0% | 0.12% | – |
| RSE | Sell | ROUSE PPTYS INC | $808,000 | -10.2% | 43,943 | -28.9% | 0.11% | 0.0% |
| FCEA | New | FOREST CITY RLTY TR INC | $802,000 | – | 38,024 | +100.0% | 0.11% | – |
| XHR | Sell | XENIA HOTELS & RESORTS INC | $797,000 | -24.5% | 51,049 | -25.9% | 0.11% | -16.7% |
| TRIP | TRIPADVISOR INC | $749,000 | -22.0% | 11,264 | 0.0% | 0.10% | -13.3% | |
| EQC | Sell | EQUITY COMWLTH | $751,000 | -59.8% | 26,620 | -59.3% | 0.10% | -55.4% |
| SKX | SKECHERS U S A INCcl a | $709,000 | +0.7% | 23,298 | 0.0% | 0.10% | +11.4% | |
| OFS | Sell | OFS CAP CORP | $691,000 | +12.7% | 53,354 | -0.0% | 0.10% | +26.3% |
| NWS | Sell | NEWS CORP NEWcl b | $659,000 | -90.2% | 49,773 | -90.0% | 0.09% | -89.2% |
| SATS | New | ECHOSTAR CORPcl a | $632,000 | – | 14,262 | +100.0% | 0.09% | – |
| WLBAQ | Sell | WESTMORELAND COAL CO | $626,000 | -42.8% | 86,799 | -53.4% | 0.09% | -36.0% |
| MAR | Sell | MARRIOTT INTL INC NEWcl a | $615,000 | -21.8% | 8,645 | -26.3% | 0.08% | -13.3% |
| L | Sell | LOEWS CORP | $551,000 | -13.9% | 14,391 | -13.7% | 0.08% | -5.0% |
| AER | Sell | AERCAP HOLDINGS NV | $486,000 | -33.9% | 12,545 | -26.3% | 0.07% | -27.2% |
| NSM | Sell | NATIONSTAR MTG HLDGS INC | $459,000 | -87.1% | 46,323 | -82.5% | 0.06% | -85.6% |
| ENZ | Sell | ENZO BIOCHEM INC | $454,000 | -3.8% | 99,890 | -4.8% | 0.06% | +6.8% |
| COF | Sell | CAPITAL ONE FINL CORP | $453,000 | -30.6% | 6,536 | -27.7% | 0.06% | -22.2% |
| TSEM | Sell | TOWER SEMICONDUCTOR LTD | $417,000 | -47.7% | 34,421 | -39.4% | 0.06% | -41.4% |
| LYB | Sell | LYONDELLBASELL INDUSTRIES N | $295,000 | -20.5% | 3,442 | -19.3% | 0.04% | -10.9% |
| TK | Sell | TEEKAY CORPORATION | $238,000 | -48.5% | 27,461 | -41.3% | 0.03% | -43.1% |
| AA | ALCOA INC | $100,000 | -2.9% | 10,431 | 0.0% | 0.01% | +7.7% | |
| IPHS | Exit | INNOPHOS HOLDINGS INC | $0 | – | -8,527 | -100.0% | -0.03% | – |
| LTRPA | Exit | LIBERTY TRIPADVISOR HLDGS IN | $0 | – | -8,379 | -100.0% | -0.03% | – |
| SUNEQ | Exit | SUNEDISON INC | $0 | – | -58,194 | -100.0% | -0.04% | – |
| ALSN | Exit | ALLISON TRANSMISSION HLDGS I | $0 | – | -11,610 | -100.0% | -0.04% | – |
| RLGY | Exit | REALOGY HLDGS CORP | $0 | – | -20,203 | -100.0% | -0.09% | – |
| OXY | Exit | OCCIDENTAL PETE CORP DEL | $0 | – | -11,014 | -100.0% | -0.09% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2016-05-13
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.