$656 Million is the total value of Corsair Capital Management's 87 reported holdings in Q2 2016. The portfolio turnover from Q1 2016 to Q2 2016 was 16.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AON | Sell | AON PLC | $37,203,000 | -6.6% | 340,593 | -10.7% | 5.67% | +2.9% |
| DRII | Buy | DIAMOND RESORTS INTL INC | $36,024,000 | +75.9% | 1,202,410 | +42.7% | 5.49% | +93.7% |
| IAC | Buy | IAC INTERACTIVECORP | $30,672,000 | +21.7% | 544,793 | +1.7% | 4.67% | +34.0% |
| OA | Sell | ORBITAL ATK INC | $29,363,000 | -21.3% | 344,874 | -19.7% | 4.47% | -13.4% |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $29,041,000 | -15.4% | 573,374 | -14.1% | 4.42% | -6.9% |
| QRTEA | Buy | LIBERTY INTERACTIVE CORP | $26,719,000 | +16.1% | 1,053,183 | +15.5% | 4.07% | +27.8% |
| IMS | Sell | IMS HEALTH HLDGS INC | $26,493,000 | -5.6% | 1,044,689 | -1.2% | 4.04% | +3.9% |
| KAR | Sell | KAR AUCTION SVCS INC | $25,917,000 | -25.6% | 620,908 | -32.0% | 3.95% | -18.0% |
| OLN | Sell | OLIN CORP | $23,100,000 | +21.2% | 929,969 | -15.2% | 3.52% | +33.4% |
| VOYA | Sell | VOYA FINL INC | $22,778,000 | -27.6% | 919,940 | -12.9% | 3.47% | -20.2% |
| HDS | Sell | HD SUPPLU HLDGS INC | $22,627,000 | -14.9% | 649,818 | -19.2% | 3.45% | -6.3% |
| ARMK | Sell | ARAMARK | $22,425,000 | -14.6% | 670,992 | -15.4% | 3.42% | -6.0% |
| AXTA | Sell | AXALTA COATING SYS LTD | $19,312,000 | -22.5% | 727,934 | -14.7% | 2.94% | -14.7% |
| ALLY | Buy | ALLY FINL INC | $18,687,000 | +80.7% | 1,094,704 | +98.1% | 2.85% | +99.0% |
| CLW | Sell | CLEARWATER PAPER CORP | $16,460,000 | +15.7% | 251,802 | -14.2% | 2.51% | +27.4% |
| NSAM | Sell | NORTHSTAR ASSET MGMT GROUP I | $15,923,000 | -33.2% | 1,559,538 | -25.7% | 2.43% | -26.4% |
| VWR | Sell | VWR CORP | $15,803,000 | -8.5% | 546,811 | -14.3% | 2.41% | +0.8% |
| COMM | Sell | COMMSCOPE HLDG CO INC | $14,795,000 | -12.6% | 476,791 | -21.3% | 2.25% | -3.8% |
| SBGI | Sell | SINCLAIR BROADCAST GROUP INCcl a | $14,051,000 | -16.6% | 470,570 | -14.1% | 2.14% | -8.1% |
| NWSA | Sell | NEWS CORP NEWcl a | $13,929,000 | -22.9% | 1,227,249 | -13.2% | 2.12% | -15.1% |
| Q | New | QUINTILES TRANSNATIO HLDGS I | $13,595,000 | – | 208,125 | +100.0% | 2.07% | – |
| IWM | Sell | ISHARES TRrussell 2000 etf | $12,620,000 | -10.9% | 109,758 | -14.3% | 1.92% | -1.9% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $12,447,000 | -8.8% | 59,422 | -10.5% | 1.90% | +0.4% |
| SYF | Sell | SYNCHRONY FINL | $10,183,000 | -29.9% | 402,804 | -20.5% | 1.55% | -22.8% |
| IBP | Sell | INSTALLED BLDG PRODS INC | $9,369,000 | -20.3% | 258,164 | -41.5% | 1.43% | -12.2% |
| PNR | Sell | PENTAIR PLC | $9,365,000 | -9.9% | 160,659 | -16.1% | 1.43% | -0.8% |
| BWXT | Sell | BWX TECHNOLOGIES INC | $9,070,000 | -13.9% | 253,555 | -19.3% | 1.38% | -5.2% |
| CPN | Sell | CALPINE CORP | $8,297,000 | -19.8% | 562,535 | -17.5% | 1.26% | -11.7% |
| WLTW | Sell | WILLIS TOWERS WATSON PUB LTD | $8,114,000 | -9.1% | 65,275 | -13.2% | 1.24% | +0.1% |
| SIX | Sell | SIX FLAGS ENTMT CORP NEW | $7,422,000 | -16.1% | 128,069 | -19.7% | 1.13% | -7.7% |
| WBA | Sell | WALGREENS BOOTS ALLIANCE INC | $5,900,000 | -20.5% | 70,855 | -19.6% | 0.90% | -12.5% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $5,802,000 | -18.9% | 40,075 | -20.5% | 0.88% | -10.7% |
| LBTYK | Sell | LIBERTY GLOBAL PLC | $5,245,000 | -36.5% | 183,073 | -16.8% | 0.80% | -30.2% |
| C | Sell | CITIGROUP INC | $4,986,000 | -11.3% | 117,620 | -12.7% | 0.76% | -2.3% |
| LVNTA | Sell | LIBERTY INTERACTIVE CORP | $4,124,000 | -17.8% | 111,250 | -13.3% | 0.63% | -9.5% |
| NGHC | Sell | NATIONAL GEN HLDGS CORP | $3,735,000 | -28.2% | 174,392 | -27.6% | 0.57% | -21.0% |
| XLE | SELECT SECTOR SPDR TRsbi int-energy | $3,533,000 | +10.3% | 51,771 | 0.0% | 0.54% | +21.4% | |
| TSO | Sell | TESORO CORP | $3,509,000 | -21.9% | 46,842 | -10.4% | 0.54% | -14.0% |
| CVS | Sell | CVS HEALTH CORP | $3,284,000 | -26.7% | 34,300 | -20.5% | 0.50% | -19.4% |
| DFS | Sell | DISCOVER FINL SVCS | $3,202,000 | -15.4% | 59,758 | -19.7% | 0.49% | -6.9% |
| NRF | New | NORTHSTAR RLTY FIN CORP | $3,155,000 | – | 275,985 | +100.0% | 0.48% | – |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $2,979,000 | -35.0% | 102,495 | -13.9% | 0.45% | -28.4% |
| VZ | VERIZON COMMUNICATIONS INC | $2,937,000 | +3.2% | 52,605 | 0.0% | 0.45% | +13.5% | |
| ENH | Buy | ENDURANCE SPECIALTY HLDGS LT | $2,607,000 | +13.2% | 38,825 | +10.1% | 0.40% | +24.5% |
| MSGS | Sell | MADISON SQUARE GARDEN CO NEWcl a | $2,578,000 | -14.6% | 14,945 | -17.7% | 0.39% | -6.0% |
| XLF | Sell | SELECT SECTOR SPDR TRsbi int-finl | $2,005,000 | -45.9% | 87,737 | -46.7% | 0.30% | -40.5% |
| GSM | Sell | FERROGLOBE PLC | $1,783,000 | -85.7% | 207,107 | -85.4% | 0.27% | -84.2% |
| SPG | Buy | SIMON PPTY GROUP INC NEW | $1,776,000 | +18.1% | 8,186 | +13.0% | 0.27% | +30.3% |
| CNX | Sell | CONSOL ENERGY INC | $1,777,000 | +22.6% | 110,447 | -13.9% | 0.27% | +34.8% |
| EXPE | EXPEDIA INC DEL | $1,764,000 | -1.4% | 16,592 | 0.0% | 0.27% | +8.5% | |
| BW | Sell | BABCOCK & WILCOX ENTERPRIS I | $1,630,000 | -42.3% | 110,971 | -15.9% | 0.25% | -36.6% |
| SIRI | SIRIUS XM HLDGS INC | $1,630,000 | 0.0% | 412,598 | 0.0% | 0.25% | +9.7% | |
| AFSI | Sell | AMTRUST FINL SVCS INC | $1,621,000 | -22.0% | 66,150 | -17.6% | 0.25% | -14.2% |
| STT | Sell | STATE STR CORP | $1,598,000 | -30.7% | 29,642 | -24.8% | 0.24% | -23.8% |
| MET | Sell | METLIFE INC | $1,573,000 | -26.4% | 39,495 | -18.8% | 0.24% | -18.9% |
| GLD | Sell | SPDR GOLD TRUST | $1,514,000 | -1.9% | 11,973 | -8.8% | 0.23% | +7.9% |
| VLO | VALERO ENERGY CORP NEW | $1,442,000 | -20.5% | 28,281 | 0.0% | 0.22% | -12.4% | |
| PSX | Sell | PHILLIPS 66 | $1,269,000 | -23.3% | 15,989 | -16.3% | 0.19% | -15.7% |
| ECPG | Sell | ENCORE CAP GROUP INC | $1,213,000 | -24.0% | 51,555 | -16.9% | 0.18% | -16.3% |
| EMN | Sell | EASTMAN CHEM CO | $1,199,000 | -42.7% | 17,655 | -39.1% | 0.18% | -36.9% |
| HON | Sell | HONEYWELL INTL INC | $918,000 | -13.1% | 7,888 | -16.3% | 0.14% | -4.1% |
| IILG | New | INTERVAL LEISURE GROUP INC | $795,000 | – | 50,000 | +100.0% | 0.12% | – |
| FCEA | Sell | FOREST CITY RLTY TR INC | $775,000 | -3.4% | 34,752 | -8.6% | 0.12% | +6.3% |
| LILAK | New | LIBERTY GLOBAL PLC | $755,000 | – | 23,236 | +100.0% | 0.12% | – |
| LSXMA | New | LIBERTY MEDIA CORP DELAWARE | $738,000 | – | 23,528 | +100.0% | 0.11% | – |
| TRIP | TRIPADVISOR INC | $724,000 | -3.3% | 11,264 | 0.0% | 0.11% | +5.8% | |
| SKX | SKECHERS U S A INCcl a | $692,000 | -2.4% | 23,298 | 0.0% | 0.10% | +7.1% | |
| RSE | Sell | ROUSE PPTYS INC | $663,000 | -17.9% | 36,323 | -17.3% | 0.10% | -9.8% |
| OFS | Sell | OFS CAP CORP | $626,000 | -9.4% | 48,740 | -8.6% | 0.10% | -1.0% |
| NWS | Buy | NEWS CORP NEWcl b | $581,000 | -11.8% | 49,790 | +0.0% | 0.09% | -2.2% |
| FCAU | Sell | FIAT CHRYSLER AUTOMOBILES N | $550,000 | -57.2% | 89,800 | -43.7% | 0.08% | -52.8% |
| ENZ | Sell | ENZO BIOCHEM INC | $545,000 | +20.0% | 91,293 | -8.6% | 0.08% | +31.7% |
| SATS | Sell | ECHOSTAR CORPcl a | $517,000 | -18.2% | 13,035 | -8.6% | 0.08% | -9.2% |
| XHR | Sell | XENIA HOTELS & RESORTS INC | $501,000 | -37.1% | 29,862 | -41.5% | 0.08% | -30.9% |
| LILA | New | LIBERTY GLOBAL PLC | $467,000 | – | 14,487 | +100.0% | 0.07% | – |
| L | Sell | LOEWS CORP | $467,000 | -15.2% | 11,369 | -21.0% | 0.07% | -6.6% |
| EQC | Sell | EQUITY COMWLTH | $440,000 | -41.4% | 15,111 | -43.2% | 0.07% | -35.6% |
| TSEM | Sell | TOWER SEMICONDUCTOR LTD | $391,000 | -6.2% | 31,459 | -8.6% | 0.06% | +3.4% |
| MAR | Sell | MARRIOTT INTL INC NEWcl a | $338,000 | -45.0% | 5,081 | -41.2% | 0.05% | -40.0% |
| NSM | Sell | NATIONSTAR MTG HLDGS INC | $323,000 | -29.6% | 28,708 | -38.0% | 0.05% | -23.4% |
| GM | New | GENERAL MTRS CO | $283,000 | – | 10,009 | +100.0% | 0.04% | – |
| GB | New | GREATBATCH INC | $264,000 | – | 8,530 | +100.0% | 0.04% | – |
| COF | Sell | CAPITAL ONE FINL CORP | $243,000 | -46.4% | 3,831 | -41.4% | 0.04% | -41.3% |
| LYB | Sell | LYONDELLBASELL INDUSTRIES N | $206,000 | -30.2% | 2,772 | -19.5% | 0.03% | -24.4% |
| TK | Sell | TEEKAY CORPORATION | $159,000 | -33.2% | 22,261 | -18.9% | 0.02% | -27.3% |
| WLBAQ | Sell | WESTMORELAND COAL CO | $139,000 | -77.8% | 14,578 | -83.2% | 0.02% | -75.9% |
| AA | ALCOA INC | $97,000 | -3.0% | 10,431 | 0.0% | 0.02% | +7.1% | |
| AER | Exit | AERCAP HOLDINGS NV | $0 | – | -12,545 | -100.0% | -0.07% | – |
| TRCO | Exit | TRIBUNE MEDIA COcl a | $0 | – | -21,993 | -100.0% | -0.12% | – |
| LMCA | Exit | LIBERTY MEDIA CORP DELAWAREcl a | $0 | – | -27,945 | -100.0% | -0.15% | – |
| CBS | Exit | CBS CORP NEWcl b | $0 | – | -21,388 | -100.0% | -0.16% | – |
| KND | Exit | KINDRED HEALTHCARE INC | $0 | – | -120,613 | -100.0% | -0.21% | – |
| ESL | Exit | ESTERLINE TECHNOLOGIES CORP | $0 | – | -69,681 | -100.0% | -0.62% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2016-08-08
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.