$584 Million is the total value of Corsair Capital Management's 73 reported holdings in Q1 2017. The portfolio turnover from Q4 2016 to Q1 2017 was 32.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Q | Sell | QUINTILES IMS HOLDINGS INC | $34,184,000 | -7.9% | 424,491 | -13.0% | 5.86% | -7.5% |
| OA | Sell | ORBITAL ATK INC | $32,257,000 | -1.9% | 329,150 | -12.2% | 5.52% | -1.5% |
| AON | Sell | AON PLC | $29,673,000 | -9.7% | 250,005 | -15.2% | 5.08% | -9.4% |
| IAC | Sell | IAC INTERACTIVECORP | $29,483,000 | +4.3% | 399,933 | -8.4% | 5.05% | +4.6% |
| ILG | New | ILG INC | $27,464,000 | – | 1,310,301 | +100.0% | 4.70% | – |
| VOYA | Sell | VOYA FINL INC | $26,998,000 | -7.8% | 711,227 | -4.8% | 4.62% | -7.5% |
| SBGI | Sell | SINCLAIR BROADCAST GROUP INCcl a | $25,297,000 | +8.3% | 624,609 | -10.9% | 4.33% | +8.6% |
| CLNS | New | COLONY NORTHSTAR INC | $24,980,000 | – | 1,934,948 | +100.0% | 4.28% | – |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $23,007,000 | -13.6% | 372,102 | -11.9% | 3.94% | -13.3% |
| AXTA | Sell | AXALTA COATING SYS LTD | $21,616,000 | +10.2% | 671,308 | -6.9% | 3.70% | +10.6% |
| HDS | Sell | HD SUPPLY HLDGS INC | $20,707,000 | -7.7% | 503,522 | -4.6% | 3.55% | -7.4% |
| BLL | New | BALL CORP | $17,682,000 | – | 238,109 | +100.0% | 3.03% | – |
| ALLY | Sell | ALLY FINL INC | $17,093,000 | -12.1% | 840,799 | -17.7% | 2.93% | -11.8% |
| GSM | Buy | FERROGLOBE PLC | $16,803,000 | +35.5% | 1,626,649 | +42.0% | 2.88% | +35.9% |
| KAR | Sell | KAR AUCTION SVCS INC | $15,205,000 | -32.3% | 348,185 | -33.9% | 2.60% | -32.0% |
| ARMK | Sell | ARAMARK | $14,777,000 | -7.5% | 400,800 | -10.3% | 2.53% | -7.1% |
| VWR | Sell | VWR CORP | $14,293,000 | -3.4% | 506,841 | -14.2% | 2.45% | -3.0% |
| IBP | Sell | INSTALLED BLDG PRODS INC | $11,622,000 | +7.8% | 220,316 | -15.6% | 1.99% | +8.1% |
| NOMD | Buy | NOMAD HLDGS LTD | $10,915,000 | +26.7% | 953,276 | +5.9% | 1.87% | +27.2% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $10,894,000 | -2.6% | 46,212 | -7.7% | 1.87% | -2.3% |
| OLN | Sell | OLIN CORP | $10,813,000 | -11.2% | 328,976 | -30.8% | 1.85% | -10.8% |
| COMM | Sell | COMMSCOPE HLDG CO INC | $10,606,000 | -3.6% | 254,290 | -14.0% | 1.82% | -3.2% |
| INFO | New | IHS MARKIT LTD | $10,322,000 | – | 246,054 | +100.0% | 1.77% | – |
| CLW | Sell | CLEARWATER PAPER CORP | $10,151,000 | -24.4% | 181,266 | -10.2% | 1.74% | -24.1% |
| GTN | Sell | GRAY TELEVISION INC | $9,292,000 | +16.0% | 640,855 | -13.2% | 1.59% | +16.5% |
| PNR | Sell | PENTAIR PLC | $8,119,000 | +7.4% | 129,327 | -4.1% | 1.39% | +7.7% |
| SIX | Sell | SIX FLAGS ENTMT CORP NEW | $6,141,000 | -4.4% | 103,224 | -3.6% | 1.05% | -4.0% |
| WLTW | Sell | WILLIS TOWERS WATSON PUB LTD | $5,941,000 | +4.0% | 45,390 | -2.8% | 1.02% | +4.4% |
| C | Sell | CITIGROUP INC | $5,544,000 | -16.8% | 92,670 | -24.1% | 0.95% | -16.5% |
| LBTYK | Sell | LIBERTY GLOBAL PLC | $5,311,000 | +14.9% | 151,556 | -2.7% | 0.91% | +15.3% |
| STAY | New | EXTENDED STAY AMER INCunit 99/99/9999b | $4,658,000 | – | 292,202 | +100.0% | 0.80% | – |
| KRA | Buy | KRATON CORPORATION | $4,632,000 | +734.6% | 149,806 | +668.8% | 0.79% | +734.7% |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $4,505,000 | -14.2% | 27,028 | +738.3% | 0.77% | -13.8% |
| MSGS | Sell | MADISON SQUARE GARDEN CO NEWcl a | $3,975,000 | +9.8% | 19,903 | -5.7% | 0.68% | +10.2% |
| WBA | Sell | WALGREENS BOOTS ALLIANCE INC | $3,807,000 | -20.5% | 45,845 | -20.7% | 0.65% | -20.2% |
| BWXT | Sell | BWX TECHNOLOGIES INC | $3,653,000 | -45.0% | 76,734 | -54.1% | 0.63% | -44.8% |
| FCAU | Buy | FIAT CHRYSLER AUTOMOBILES NV | $3,585,000 | +31.3% | 328,012 | +43.0% | 0.61% | +31.8% |
| TSO | Sell | TESORO CORP | $3,553,000 | -8.8% | 43,826 | -1.6% | 0.61% | -8.4% |
| MDCA | Buy | MDC PARTNERS INCcl a sub vtg | $3,351,000 | +1943.3% | 356,452 | +1325.8% | 0.57% | +1950.0% |
| NGHC | Sell | NATIONAL GEN HLDGS CORP | $3,332,000 | -11.2% | 140,254 | -6.6% | 0.57% | -10.8% |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $2,813,000 | +9.5% | 78,424 | -6.6% | 0.48% | +10.0% |
| ABCO | New | ADVISORY BRD CO | $2,783,000 | – | 59,463 | +100.0% | 0.48% | – |
| XLE | Sell | SELECT SECTOR SPDR TRsbi int-energy | $2,505,000 | -21.8% | 35,838 | -15.8% | 0.43% | -21.6% |
| IWO | ISHARES TRrus 2000 grw etf | $2,491,000 | +5.0% | 15,408 | 0.0% | 0.43% | +5.4% | |
| LVNTA | New | LIBERTY INTERACTIVE CORP | $2,392,000 | – | 53,773 | +100.0% | 0.41% | – |
| DFS | Sell | DISCOVER FINL SVCS | $2,171,000 | -37.3% | 31,745 | -33.9% | 0.37% | -37.1% |
| SIRI | SIRIUS XM HLDGS INC | $1,996,000 | +15.7% | 387,598 | 0.0% | 0.34% | +16.3% | |
| STT | Sell | STATE STR CORP | $1,816,000 | -2.7% | 22,808 | -5.0% | 0.31% | -2.2% |
| TSEM | Sell | TOWER SEMICONDUCTOR LTD | $1,693,000 | +11.8% | 73,453 | -7.7% | 0.29% | +12.4% |
| LEXEA | Sell | LIBERTY EXPEDIA HOLDINGS | $1,631,000 | +8.5% | 35,852 | -5.4% | 0.28% | +8.6% |
| MET | Sell | METLIFE INC | $1,419,000 | -9.1% | 26,859 | -7.3% | 0.24% | -8.6% |
| GLD | Sell | SPDR GOLD TRUST | $1,163,000 | -2.9% | 9,797 | -10.3% | 0.20% | -2.5% |
| SPXC | New | SPX CORP | $1,157,000 | – | 47,697 | +100.0% | 0.20% | – |
| EGRX | Sell | EAGLE PHARMACEUTICALS INC | $1,145,000 | -20.6% | 13,804 | -24.0% | 0.20% | -20.3% |
| CVS | Sell | CVS HEALTH CORP | $1,001,000 | -54.1% | 12,749 | -53.9% | 0.17% | -54.0% |
| IWM | Sell | ISHARES TRrussell 2000 etf | $930,000 | -26.5% | 6,766 | -27.9% | 0.16% | -26.4% |
| FTV | Sell | FORTIVE CORP | $834,000 | -10.4% | 13,848 | -20.2% | 0.14% | -10.1% |
| LSXMA | Sell | LIBERTY MEDIA CORP DELAWARE | $721,000 | +3.6% | 18,528 | -8.1% | 0.12% | +3.4% |
| SATS | Sell | ECHOSTAR CORPcl a | $714,000 | -15.8% | 12,534 | -24.1% | 0.12% | -15.9% |
| PSX | Sell | PHILLIPS 66 | $679,000 | -15.9% | 8,574 | -8.2% | 0.12% | -15.9% |
| AFSI | Sell | AMTRUST FINL SVCS INC | $669,000 | -62.1% | 36,218 | -43.9% | 0.12% | -61.8% |
| XLF | Sell | SELECT SECTOR SPDR TRsbi int-finl | $602,000 | -57.1% | 25,354 | -58.0% | 0.10% | -57.1% |
| OFS | Sell | OFS CAP CORP | $531,000 | -6.7% | 37,404 | -9.6% | 0.09% | -6.2% |
| FCEA | Sell | FOREST CITY RLTY TR INC | $513,000 | -20.6% | 23,551 | -24.0% | 0.09% | -20.0% |
| ENZ | Sell | ENZO BIOCHEM INC | $466,000 | -17.5% | 55,691 | -31.6% | 0.08% | -16.7% |
| L | Sell | LOEWS CORP | $418,000 | -6.9% | 8,947 | -6.7% | 0.07% | -6.5% |
| AXAS | Buy | ABRAXAS PETE CORP | $417,000 | +8.0% | 206,330 | +37.6% | 0.07% | +7.6% |
| CNX | Sell | CONSOL ENERGY INC | $385,000 | -78.3% | 22,939 | -76.4% | 0.07% | -78.1% |
| XHR | Buy | XENIA HOTELS & RESORTS INC | $368,000 | -7.1% | 21,542 | +5.7% | 0.06% | -7.4% |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $346,000 | +20.6% | 3,677 | +6.1% | 0.06% | +20.4% |
| GM | Sell | GENERAL MTRS CO | $293,000 | -5.2% | 8,290 | -6.4% | 0.05% | -5.7% |
| MFIN | New | MEDALLION FINL CORP | $273,000 | – | 137,804 | +100.0% | 0.05% | – |
| COF | Buy | CAPITAL ONE FINL CORP | $240,000 | +5.3% | 2,773 | +6.1% | 0.04% | +5.1% |
| LYB | Exit | LYONDELLBASELL INDUSTRIES N | $0 | – | -2,367 | -100.0% | -0.04% | – |
| LILA | Exit | LIBERTY GLOBAL PLC | $0 | – | -10,704 | -100.0% | -0.04% | – |
| XLRE | Exit | SELECT SECTOR SPDR TRrl est sel sec | $0 | – | -8,402 | -100.0% | -0.04% | – |
| CHUBK | Exit | COMMERCEHUB INC | $0 | – | -19,692 | -100.0% | -0.05% | – |
| LILAK | Exit | LIBERTY GLOBAL PLC | $0 | – | -18,636 | -100.0% | -0.07% | – |
| EQC | Exit | EQUITY COMWLTH | $0 | – | -13,466 | -100.0% | -0.07% | – |
| ECPG | Exit | ENCORE CAP GROUP INC | $0 | – | -22,463 | -100.0% | -0.11% | – |
| NWSA | Exit | NEWS CORP NEWcl a | $0 | – | -180,642 | -100.0% | -0.35% | – |
| LVNTA | Exit | LIBERTY INTERACTIVE CORP | $0 | – | -57,808 | -100.0% | -0.36% | – |
| ENH | Exit | ENDURANCE SPECIALTY HLDGS LT | $0 | – | -28,172 | -100.0% | -0.44% | – |
| CLNY | Exit | COLONY CAP INCcl a | $0 | – | -133,081 | -100.0% | -0.46% | – |
| FRGI | Exit | FIESTA RESTAURANT GROUP INC | $0 | – | -91,404 | -100.0% | -0.47% | – |
| CPN | Exit | CALPINE CORP | $0 | – | -298,190 | -100.0% | -0.58% | – |
| NRF | Exit | NORTHSTAR RLTY FIN CORP | $0 | – | -554,627 | -100.0% | -1.43% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -329,479 | -100.0% | -2.08% | – |
| QRTEA | Exit | LIBERTY INTERACTIVE CORP | $0 | – | -800,367 | -100.0% | -2.73% | – |
| NSAM | Exit | NORTHSTAR ASSET MGMT GROUP I | $0 | – | -1,223,676 | -100.0% | -3.12% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-05-12
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.