$604 Million is the total value of Corsair Capital Management's 85 reported holdings in Q3 2016. The portfolio turnover from Q2 2016 to Q3 2016 was 18.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AON | Sell | AON PLC | $37,148,000 | -0.1% | 330,295 | -3.0% | 6.15% | +8.6% |
| IAC | Sell | IAC INTERACTIVECORP | $33,680,000 | +9.8% | 539,078 | -1.0% | 5.58% | +19.4% |
| OA | Buy | ORBITAL ATK INC | $27,925,000 | -4.9% | 366,597 | +6.3% | 4.63% | +3.4% |
| IMS | Sell | IMS HEALTH HLDGS | $26,583,000 | +0.3% | 849,419 | -18.7% | 4.40% | +9.1% |
| VOYA | Sell | VOYA FINL INC | $24,303,000 | +6.7% | 843,954 | -8.3% | 4.03% | +16.0% |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $24,098,000 | -17.0% | 500,419 | -12.7% | 3.99% | -9.8% |
| KAR | Sell | KAR AUCTION SVCS INC | $23,060,000 | -11.0% | 534,442 | -13.9% | 3.82% | -3.3% |
| ALLY | Buy | ALLY FINL INC | $22,284,000 | +19.2% | 1,145,435 | +4.6% | 3.69% | +29.7% |
| ARMK | Sell | ARAMARK | $21,918,000 | -2.3% | 576,384 | -14.1% | 3.63% | +6.3% |
| HDS | Sell | HD SUPPLY HLDGS INC | $19,973,000 | -11.7% | 625,079 | -3.8% | 3.31% | -4.0% |
| AXTA | Sell | AXALTA COATING SYS LTD | $18,877,000 | -2.3% | 667,864 | -8.3% | 3.13% | +6.3% |
| NSAM | Sell | NORTHSTAR ASSET MGMT GROUP I | $18,377,000 | +15.4% | 1,422,505 | -8.8% | 3.04% | +25.5% |
| Q | Buy | QUINTILES TRANSNATIO HLDGS I | $18,304,000 | +34.6% | 225,993 | +8.6% | 3.03% | +46.5% |
| SBGI | Buy | SINCLAIR BROADCAST GROUP INCcl a | $16,530,000 | +17.6% | 572,681 | +21.7% | 2.74% | +27.9% |
| NWSA | Sell | NEWS CORP NEWcl a | $15,985,000 | +14.8% | 1,143,590 | -6.8% | 2.65% | +24.8% |
| VWR | Buy | VWR CORP | $15,731,000 | -0.5% | 555,116 | +1.5% | 2.61% | +8.2% |
| QRTEA | Sell | LIBERTY INTERACTIVE CORP | $15,148,000 | -43.3% | 757,697 | -28.1% | 2.51% | -38.3% |
| CLW | Sell | CLEARWATER PAPER CORP | $14,088,000 | -14.4% | 217,889 | -13.5% | 2.33% | -6.9% |
| IWM | Sell | ISHARES TRrussell 2000 etf | $13,467,000 | +6.7% | 108,421 | -1.2% | 2.23% | +16.0% |
| IBP | Buy | INSTALLED BLDG PRODS INC | $12,664,000 | +35.2% | 353,053 | +36.8% | 2.10% | +47.0% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $11,756,000 | -5.6% | 54,351 | -8.5% | 1.95% | +2.7% |
| CPN | Buy | CALPINE CORP | $11,547,000 | +39.2% | 913,571 | +62.4% | 1.91% | +51.3% |
| GSM | Buy | FERROGLOBE PLC | $11,383,000 | +538.4% | 1,260,950 | +508.8% | 1.89% | +593.4% |
| OLN | Sell | OLIN CORP | $11,324,000 | -51.0% | 552,438 | -40.6% | 1.88% | -46.7% |
| COMM | Sell | COMMSCOPE HLDG CO INC | $11,206,000 | -24.3% | 372,513 | -21.9% | 1.86% | -17.6% |
| PNR | Sell | PENTAIR PLC | $9,461,000 | +1.0% | 147,423 | -8.2% | 1.57% | +9.8% |
| BWXT | Sell | BWX TECHNOLOGIES INC | $7,823,000 | -13.7% | 203,870 | -19.6% | 1.30% | -6.2% |
| NRF | Buy | NORTHSTAR RLTY FIN CORP | $7,540,000 | +139.0% | 573,000 | +107.6% | 1.25% | +159.7% |
| SYF | Sell | SYNCHRONY FINL | $7,067,000 | -30.6% | 252,623 | -37.3% | 1.17% | -24.5% |
| SIX | Sell | SIX FLAGS ENTMT CORP NEW | $6,297,000 | -15.2% | 117,502 | -8.3% | 1.04% | -7.8% |
| WLTW | Sell | WILLIS TOWERS WATSON PUB LTD | $5,966,000 | -26.5% | 45,006 | -31.1% | 0.99% | -20.1% |
| C | Buy | CITIGROUP INC | $5,947,000 | +19.3% | 126,116 | +7.2% | 0.98% | +29.6% |
| LBTYK | Sell | LIBERTY GLOBAL PLC | $5,628,000 | +7.3% | 170,971 | -6.6% | 0.93% | +16.6% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $5,287,000 | -8.9% | 36,592 | -8.7% | 0.88% | -0.9% |
| WBA | Sell | WALGREENS BOOTS ALLIANCE INC | $5,218,000 | -11.6% | 64,833 | -8.5% | 0.86% | -3.9% |
| LVNTA | Sell | LIBERTY INTERACTIVE CORP | $4,067,000 | -1.4% | 102,074 | -8.2% | 0.67% | +7.3% |
| NGHC | Sell | NATIONAL GEN HLDGS CORP | $3,559,000 | -4.7% | 160,023 | -8.2% | 0.59% | +3.7% |
| DFS | Sell | DISCOVER FINL SVCS | $3,083,000 | -3.7% | 54,562 | -8.7% | 0.51% | +4.7% |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $3,080,000 | +3.4% | 90,111 | -12.1% | 0.51% | +12.3% |
| CVS | Sell | CVS HEALTH CORP | $2,785,000 | -15.2% | 31,311 | -8.7% | 0.46% | -7.8% |
| VZ | VERIZON COMMUNICATIONS INC | $2,734,000 | -6.9% | 52,605 | 0.0% | 0.45% | +1.3% | |
| CLNY | New | COLONY CAP INCcl a | $2,575,000 | – | 141,367 | +100.0% | 0.43% | – |
| ENH | Sell | ENDURANCE SPECIALTY HLDGS LT | $2,321,000 | -11.0% | 35,466 | -8.7% | 0.38% | -3.0% |
| MSGS | Sell | MADISON SQUARE GARDEN CO NEWcl a | $2,313,000 | -10.3% | 13,670 | -8.5% | 0.38% | -2.5% |
| CNX | Sell | CONSOL ENERGY INC | $1,948,000 | +9.6% | 101,454 | -8.1% | 0.32% | +19.2% |
| EXPE | EXPEDIA INC DEL | $1,937,000 | +9.8% | 16,592 | 0.0% | 0.32% | +19.3% | |
| SPG | Buy | SIMON PPTY GROUP INC NEW | $1,910,000 | +7.5% | 9,229 | +12.7% | 0.32% | +16.6% |
| AFSI | Buy | AMTRUST FINL SVCS INC | $1,898,000 | +17.1% | 70,807 | +7.0% | 0.31% | +27.1% |
| STT | Sell | STATE STR CORP | $1,880,000 | +17.6% | 27,043 | -8.8% | 0.31% | +28.0% |
| SIRI | SIRIUS XM HLDGS INC | $1,721,000 | +5.6% | 412,598 | 0.0% | 0.28% | +14.9% | |
| VLO | VALERO ENERGY CORP NEW | $1,499,000 | +4.0% | 28,281 | 0.0% | 0.25% | +12.7% | |
| MET | Sell | METLIFE INC | $1,393,000 | -11.4% | 31,393 | -20.5% | 0.23% | -3.8% |
| GLD | Sell | SPDR GOLD TRUST | $1,373,000 | -9.3% | 10,926 | -8.7% | 0.23% | -1.7% |
| EGRX | New | EAGLE PHARMACEUTICALS INC | $1,305,000 | – | 18,648 | +100.0% | 0.22% | – |
| EMN | EASTMAN CHEM CO | $1,195,000 | -0.3% | 17,655 | 0.0% | 0.20% | +8.2% | |
| XLF | Sell | SELECT SECTOR SPDR TRsbi int-finl | $1,196,000 | -40.3% | 61,948 | -29.4% | 0.20% | -35.1% |
| TSEM | Buy | TOWER SEMICONDUCTOR LTD | $973,000 | +148.8% | 64,128 | +103.8% | 0.16% | +168.3% |
| FTV | New | FORTIVE CORP | $940,000 | – | 18,469 | +100.0% | 0.16% | – |
| HON | Sell | HONEYWELL INTL INC | $840,000 | -8.5% | 7,204 | -8.7% | 0.14% | -0.7% |
| PSX | Sell | PHILLIPS 66 | $801,000 | -36.9% | 9,947 | -37.8% | 0.13% | -31.1% |
| FCEA | Sell | FOREST CITY RLTY TR INC | $735,000 | -5.2% | 31,780 | -8.6% | 0.12% | +3.4% |
| LSXMA | Sell | LIBERTY MEDIA CORP DELAWARE | $730,000 | -1.1% | 21,495 | -8.6% | 0.12% | +8.0% |
| TRIP | TRIPADVISOR INC | $712,000 | -1.7% | 11,264 | 0.0% | 0.12% | +7.3% | |
| LILAK | Sell | LIBERTY GLOBAL PLC | $604,000 | -20.0% | 21,508 | -7.4% | 0.10% | -13.0% |
| OFS | Sell | OFS CAP CORP | $581,000 | -7.2% | 44,567 | -8.6% | 0.10% | +1.1% |
| ECPG | Sell | ENCORE CAP GROUP INC | $538,000 | -55.6% | 23,953 | -53.5% | 0.09% | -51.9% |
| SKX | SKECHERS U S A INCcl a | $534,000 | -22.8% | 23,298 | 0.0% | 0.09% | -16.2% | |
| FCAU | Sell | FIAT CHRYSLER AUTOMOBILES N | $523,000 | -4.9% | 82,022 | -8.7% | 0.09% | +3.6% |
| SATS | Sell | ECHOSTAR CORPcl a | $522,000 | +1.0% | 11,920 | -8.6% | 0.09% | +8.9% |
| TSO | Sell | TESORO CORP | $451,000 | -87.1% | 46,154 | -1.5% | 0.08% | -86.0% |
| L | Sell | LOEWS CORP | $431,000 | -7.7% | 10,482 | -7.8% | 0.07% | 0.0% |
| ENZ | Sell | ENZO BIOCHEM INC | $425,000 | -22.0% | 83,486 | -8.6% | 0.07% | -15.7% |
| EQC | Sell | EQUITY COMWLTH | $418,000 | -5.0% | 13,820 | -8.5% | 0.07% | +3.0% |
| XHR | Sell | XENIA HOTELS & RESORTS INC | $410,000 | -18.2% | 27,133 | -9.1% | 0.07% | -10.5% |
| NWS | Sell | NEWS CORP NEWcl b new | $408,000 | -29.8% | 28,680 | -42.4% | 0.07% | -23.6% |
| ITGR | New | INTEGER HLDGS CORP | $393,000 | – | 18,157 | +100.0% | 0.06% | – |
| CHUBK | New | COMMERCEHUB INC | $327,000 | – | 20,596 | +100.0% | 0.05% | – |
| LILA | Sell | LIBERTY GLOBAL PLC | $327,000 | -30.0% | 11,850 | -18.2% | 0.05% | -23.9% |
| MAR | Sell | MARRIOTT INTL INC NEWcl a | $310,000 | -8.3% | 4,616 | -9.2% | 0.05% | 0.0% |
| GM | Sell | GENERAL MTRS CO | $293,000 | +3.5% | 9,234 | -7.7% | 0.05% | +14.0% |
| XLRE | New | SELECT SECTOR SPDR TRrl est sel sec | $282,000 | – | 8,617 | +100.0% | 0.05% | – |
| COF | Sell | CAPITAL ONE FINL CORP | $249,000 | +2.5% | 3,481 | -9.1% | 0.04% | +10.8% |
| LYB | Sell | LYONDELLBASELL INDUSTRIES N | $206,000 | 0.0% | 2,560 | -7.6% | 0.03% | +9.7% |
| CHUBA | New | COMMERCEHUB INC | $163,000 | – | 10,296 | +100.0% | 0.03% | – |
| XLE | Buy | SELECT SECTOR SPDR TRsbi int-energy | $100,000 | -97.2% | 58,675 | +13.3% | 0.02% | -96.8% |
| AA | Exit | ALCOA INC | $0 | – | -10,431 | -100.0% | -0.02% | – |
| WLBAQ | Exit | WESTMORELAND COAL CO | $0 | – | -14,578 | -100.0% | -0.02% | – |
| TK | Exit | TEEKAY CORPORATION | $0 | – | -22,261 | -100.0% | -0.02% | – |
| GB | Exit | GREATBATCH INC | $0 | – | -8,530 | -100.0% | -0.04% | – |
| NSM | Exit | NATIONSTAR MTG HLDGS INC | $0 | – | -28,708 | -100.0% | -0.05% | – |
| RSE | Exit | ROUSE PPTYS INC | $0 | – | -36,323 | -100.0% | -0.10% | – |
| IILG | Exit | INTERVAL LEISURE GROUP INC | $0 | – | -50,000 | -100.0% | -0.12% | – |
| BW | Exit | BABCOCK & WILCOX ENTERPRIS I | $0 | – | -110,971 | -100.0% | -0.25% | – |
| DRII | Exit | DIAMOND RESORTS INTL INC | $0 | – | -1,202,410 | -100.0% | -5.49% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2016-11-10
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.