$1.1 Billion is the total value of Corsair Capital Management's 154 reported holdings in Q2 2017. The portfolio turnover from Q1 2017 to Q2 2017 was 31.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ILG | Buy | ILG INC | $60,892,000 | +121.7% | 2,215,076 | +69.1% | 5.52% | +17.5% |
| IAC | Buy | IAC INTERACTIVECORP | $58,428,000 | +98.2% | 565,952 | +41.5% | 5.30% | +5.0% |
| Q | Buy | QUINTILES IMS HOLDINGS INC | $57,504,000 | +68.2% | 642,510 | +51.4% | 5.22% | -10.9% |
| AON | Buy | AON PLC | $55,920,000 | +88.5% | 420,606 | +68.2% | 5.07% | -0.2% |
| OA | Buy | ORBITAL ATK INC | $53,950,000 | +67.3% | 548,486 | +66.6% | 4.90% | -11.4% |
| CLNS | Buy | COLONY NORTHSTAR INC | $46,144,000 | +84.7% | 3,274,926 | +69.3% | 4.19% | -2.2% |
| VOYA | Buy | VOYA FINL INC | $45,338,000 | +67.9% | 1,229,026 | +72.8% | 4.11% | -11.0% |
| SBGI | Buy | SINCLAIR BROADCAST GROUP INCcl a | $44,184,000 | +74.7% | 1,342,998 | +115.0% | 4.01% | -7.5% |
| RHP | Buy | RYMAN HOSPITALITY PPTYS INC | $39,412,000 | +71.3% | 615,718 | +65.5% | 3.58% | -9.3% |
| BLL | Buy | BALL CORP | $34,838,000 | +97.0% | 825,342 | +246.6% | 3.16% | +4.4% |
| AXTA | Buy | AXALTA COATING SYS LTD | $34,200,000 | +58.2% | 1,067,438 | +59.0% | 3.10% | -16.2% |
| GSM | Buy | FERROGLOBE PLC | $33,354,000 | +98.5% | 2,791,094 | +71.6% | 3.03% | +5.1% |
| HDS | Buy | HD SUPPLY HLDGS INC | $33,260,000 | +60.6% | 1,085,860 | +115.7% | 3.02% | -14.9% |
| ALLY | Buy | ALLY FINL INC | $29,302,000 | +71.4% | 1,401,994 | +66.7% | 2.66% | -9.2% |
| NOMD | Buy | NOMAD FOODS LTD | $27,872,000 | +155.4% | 1,975,306 | +107.2% | 2.53% | +35.2% |
| ARMK | Buy | ARAMARK | $25,984,000 | +75.8% | 634,046 | +58.2% | 2.36% | -6.8% |
| OLN | Buy | OLIN CORP | $25,642,000 | +137.1% | 846,812 | +157.4% | 2.33% | +25.6% |
| KAR | Buy | KAR AUCTION SVCS INC | $25,300,000 | +66.4% | 602,794 | +73.1% | 2.30% | -11.8% |
| SPXC | Buy | SPX CORP | $23,054,000 | +1892.6% | 916,284 | +1821.1% | 2.09% | +956.6% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $20,754,000 | +90.5% | 85,830 | +85.7% | 1.88% | +0.9% |
| INFO | Buy | IHS MARKIT LTD | $19,746,000 | +91.3% | 448,368 | +82.2% | 1.79% | +1.4% |
| ATKR | New | ATKORE INTL GROUP INC | $19,726,000 | – | 874,794 | +100.0% | 1.79% | – |
| IBP | Buy | INSTALLED BLDG PRODS INC | $19,282,000 | +65.9% | 364,172 | +65.3% | 1.75% | -12.1% |
| GTN | Buy | GRAY TELEVISION INC | $16,656,000 | +79.3% | 1,215,814 | +89.7% | 1.51% | -5.1% |
| COMM | Buy | COMMSCOPE HLDG CO INC | $15,950,000 | +50.4% | 419,422 | +64.9% | 1.45% | -20.4% |
| PNR | Buy | PENTAIR PLC | $13,196,000 | +62.5% | 198,312 | +53.3% | 1.20% | -13.9% |
| New | OM ASSET MGMT PLC | $12,700,000 | – | 854,644 | +100.0% | 1.15% | – | |
| STAY | Buy | EXTENDED STAY AMER INCunit 99/99/9999b | $12,150,000 | +160.8% | 627,568 | +114.8% | 1.10% | +38.1% |
| KRA | Buy | KRATON CORPORATION | $11,404,000 | +146.2% | 331,154 | +121.1% | 1.04% | +30.5% |
| C | Buy | CITIGROUP INC | $10,782,000 | +94.5% | 161,214 | +74.0% | 0.98% | +2.9% |
| SIX | Buy | SIX FLAGS ENTMT CORP NEW | $9,768,000 | +59.1% | 163,858 | +58.7% | 0.89% | -15.8% |
| WLTW | Buy | WILLIS TOWERS WATSON PUB LTD | $9,608,000 | +61.7% | 66,048 | +45.5% | 0.87% | -14.3% |
| MLI | New | MUELLER INDS INC | $8,191,000 | – | 701,256 | +100.0% | 0.74% | – |
| MWA | New | MUELLER WTR PRODS INC | $8,191,000 | – | 701,256 | +100.0% | 0.74% | – |
| TSO | Buy | TESORO CORP | $8,150,000 | +129.4% | 87,066 | +98.7% | 0.74% | +21.5% |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $7,428,000 | +64.9% | 43,860 | +62.3% | 0.67% | -12.7% |
| FMC | New | F M C CORP | $7,306,000 | – | 100,000 | +100.0% | 0.66% | – |
| LBTYK | Buy | LIBERTY GLOBAL PLC | $6,908,000 | +30.1% | 221,536 | +46.2% | 0.63% | -31.1% |
| CLW | Sell | CLEARWATER PAPER CORP | $6,586,000 | -35.1% | 140,886 | -22.3% | 0.60% | -65.6% |
| MSGS | Buy | MADISON SQUARE GARDEN CO NEWcl a | $6,074,000 | +52.8% | 30,850 | +55.0% | 0.55% | -19.1% |
| FCAU | Buy | FIAT CHRYSLER AUTOMOBILES N | $5,736,000 | +60.0% | 539,676 | +64.5% | 0.52% | -15.3% |
| MDCA | Buy | MDC PARTNERS INCcl a sub vtg | $5,644,000 | +68.4% | 570,186 | +60.0% | 0.51% | -10.8% |
| XLE | Buy | SELECT SECTOR SPDR TRenergy | $5,526,000 | +120.6% | 85,116 | +137.5% | 0.50% | +16.8% |
| HMHC | New | HOUGHTON MIFFLIN HARCOURT CO | $5,462,000 | – | 444,134 | +100.0% | 0.50% | – |
| IPI | New | INTREPID POTASH INC | $5,262,000 | – | 2,328,100 | +100.0% | 0.48% | – |
| IWO | Buy | ISHARES TRrus 2000 grw etf | $5,200,000 | +108.8% | 30,816 | +100.0% | 0.47% | +10.5% |
| ABCO | Buy | ADVISORY BRD CO | $4,724,000 | +69.7% | 91,714 | +54.2% | 0.43% | -10.1% |
| BWXT | Buy | BWX TECHNOLOGIES INC | $4,324,000 | +18.4% | 88,686 | +15.6% | 0.39% | -37.4% |
| NTUS | New | NATUS MEDICAL INC DEL | $4,274,000 | – | 114,586 | +100.0% | 0.39% | – |
| SIRI | Buy | SIRIUS XM HLDGS INC | $4,240,000 | +112.4% | 775,196 | +100.0% | 0.38% | +12.6% |
| LBTYA | Buy | LIBERTY GLOBAL PLC | $4,146,000 | +47.4% | 129,068 | +64.6% | 0.38% | -22.0% |
| NGHC | Buy | NATIONAL GEN HLDGS CORP | $3,580,000 | +7.4% | 169,660 | +21.0% | 0.32% | -43.1% |
| LEXEA | Buy | LIBERTY EXPEDIA HOLDINGS | $3,288,000 | +101.6% | 60,864 | +69.8% | 0.30% | +6.8% |
| TSEM | Buy | TOWER SEMICONDUCTOR LTD | $3,238,000 | +91.3% | 135,780 | +84.9% | 0.29% | +1.4% |
| WBA | Sell | WALGREENS BOOTS ALLIANCE INC | $2,824,000 | -25.8% | 36,066 | -21.3% | 0.26% | -60.7% |
| DFS | Buy | DISCOVER FINL SVCS | $2,738,000 | +26.1% | 44,018 | +38.7% | 0.25% | -33.3% |
| STT | Buy | STATE STR CORP | $2,410,000 | +32.7% | 26,858 | +17.8% | 0.22% | -29.6% |
| EGRX | Buy | EAGLE PHARMACEUTICALS INC | $2,378,000 | +107.7% | 30,134 | +118.3% | 0.22% | +10.2% |
| MET | Buy | METLIFE INC | $2,144,000 | +51.1% | 39,016 | +45.3% | 0.20% | -19.8% |
| GLD | Buy | SPDR GOLD TRUST | $2,138,000 | +83.8% | 18,118 | +84.9% | 0.19% | -2.5% |
| IWM | Buy | ISHARES TRrussell 2000 etf | $1,906,000 | +104.9% | 13,532 | +100.0% | 0.17% | +8.8% |
| ADNT | New | ADIENT PLC | $1,870,000 | – | 28,606 | +100.0% | 0.17% | – |
| SATS | Buy | ECHOSTAR CORPcl a | $1,668,000 | +133.6% | 27,484 | +119.3% | 0.15% | +23.8% |
| CPN | New | CALPINE CORP | $1,510,000 | – | 111,578 | +100.0% | 0.14% | – |
| MFIN | Buy | MEDALLION FINL CORP | $1,374,000 | +403.3% | 574,722 | +317.1% | 0.12% | +166.0% |
| FCEA | Buy | FOREST CITY RLTY TR INC | $1,248,000 | +143.3% | 51,640 | +119.3% | 0.11% | +28.4% |
| LSXMA | Buy | LIBERTY MEDIA CORP DELAWARE | $1,220,000 | +69.2% | 29,080 | +57.0% | 0.11% | -9.8% |
| PSX | Buy | PHILLIPS 66 | $1,116,000 | +64.4% | 13,492 | +57.4% | 0.10% | -12.9% |
| ENZ | Buy | ENZO BIOCHEM INC | $1,096,000 | +135.2% | 99,328 | +78.4% | 0.10% | +23.8% |
| OFS | Buy | OFS CAP CORP | $728,000 | +37.1% | 50,870 | +36.0% | 0.07% | -27.5% |
| XLF | Buy | SELECT SECTOR SPDR TRsbi int-finl | $666,000 | +10.6% | 26,980 | +6.4% | 0.06% | -41.7% |
| METC | New | RAMACO RES INC | $594,000 | – | 98,180 | +100.0% | 0.05% | – |
| FTV | Sell | FORTIVE CORP | $582,000 | -30.2% | 9,174 | -33.8% | 0.05% | -62.9% |
| GM | Buy | GENERAL MTRS CO | $498,000 | +70.0% | 14,268 | +72.1% | 0.04% | -10.0% |
| WAGE | New | WAGEWORKS INC | $500,000 | – | 7,440 | +100.0% | 0.04% | – |
| AFSI | Sell | AMTRUST FINL SVCS INC | $500,000 | -25.3% | 33,064 | -8.7% | 0.04% | -60.9% |
| NRE | New | NORTHSTAR REALTY EUROPE CORP | $404,000 | – | 31,938 | +100.0% | 0.04% | – |
| LAYN | New | LAYNE CHRISTENSEN CO | $176,000 | – | 20,000 | +100.0% | 0.02% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -2,773 | -100.0% | -0.04% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -3,677 | -100.0% | -0.06% | – |
| XHR | Exit | XENIA HOTELS & RESORTS INC | $0 | – | -21,542 | -100.0% | -0.06% | – |
| CNX | Exit | CONSOL ENERGY INC | $0 | – | -22,939 | -100.0% | -0.07% | – |
| AXAS | Exit | ABRAXAS PETE CORP | $0 | – | -206,330 | -100.0% | -0.07% | – |
| L | Exit | LOEWS CORP | $0 | – | -8,947 | -100.0% | -0.07% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -12,749 | -100.0% | -0.17% | – |
| LVNTA | Exit | LIBERTY INTERACTIVE CORP | $0 | – | -53,773 | -100.0% | -0.41% | – |
| VWR | Exit | VWR CORP | $0 | – | -506,841 | -100.0% | -2.45% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
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.