$596 Million is the total value of Corsair Capital Management's 75 reported holdings in Q3 2017. The portfolio turnover from Q2 2017 to Q3 2017 was 34.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AON | Sell | AON PLC | $29,571,000 | -47.1% | 202,401 | -51.9% | 4.96% | -2.3% |
| OA | Sell | ORBITAL ATK INC | $29,332,000 | -45.6% | 220,279 | -59.8% | 4.92% | +0.5% |
| ILG | Sell | ILG INC | $29,160,000 | -52.1% | 1,090,903 | -50.8% | 4.89% | -11.5% |
| IAC | Sell | IAC INTERACTIVECORP | $28,415,000 | -51.4% | 241,664 | -57.3% | 4.76% | -10.1% |
| Q | Sell | QUINTILES IMS HOLDINGS INC | $26,930,000 | -53.2% | 283,266 | -55.9% | 4.52% | -13.5% |
| SBGI | Sell | SINCLAIR BROADCAST GROUP INCcl a | $24,996,000 | -43.4% | 779,909 | -41.9% | 4.19% | +4.6% |
| VOYA | Sell | VOYA FINL INC | $24,465,000 | -46.0% | 613,304 | -50.1% | 4.10% | -0.3% |
| SPXC | Sell | SPX CORP | $22,758,000 | -1.3% | 775,653 | -15.3% | 3.82% | +82.4% |
| CLNS | Sell | COLONY NORTHSTAR INC | $20,212,000 | -56.2% | 1,609,238 | -50.9% | 3.39% | -19.1% |
| BLL | Sell | BALL CORP | $19,903,000 | -42.9% | 481,905 | -41.6% | 3.34% | +5.6% |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $19,198,000 | -51.3% | 307,214 | -50.1% | 3.22% | -10.0% |
| GSM | Sell | FERROGLOBE PLC | $18,776,000 | -43.7% | 1,426,729 | -48.9% | 3.15% | +4.1% |
| HDS | Sell | HD SUPPLY HLDGS INC | $18,332,000 | -44.9% | 508,244 | -53.2% | 3.07% | +1.9% |
| FMC | Buy | F M C CORP | $18,318,000 | +150.7% | 205,106 | +105.1% | 3.07% | +363.3% |
| AXTA | Sell | AXALTA COATING SYS LTD | $14,973,000 | -56.2% | 517,736 | -51.5% | 2.51% | -19.1% |
| NOMD | Sell | NOMAD FOODS LTD | $14,363,000 | -48.5% | 985,782 | -50.1% | 2.41% | -4.7% |
| KAR | Sell | KAR AUCTION SVCS INC | $13,884,000 | -45.1% | 290,822 | -51.8% | 2.33% | +1.4% |
| NTUS | Buy | NATUS MEDICAL INC DEL | $13,880,000 | +224.8% | 370,133 | +223.0% | 2.33% | +500.0% |
| OLN | Sell | OLIN CORP | $13,161,000 | -48.7% | 384,268 | -54.6% | 2.21% | -5.2% |
| HMHC | Buy | HOUGHTON MIFFLIN HARCOURT CO | $12,420,000 | +127.4% | 1,030,677 | +132.1% | 2.08% | +320.0% |
| ARMK | Sell | ARAMARK | $11,631,000 | -55.2% | 286,396 | -54.8% | 1.95% | -17.3% |
| ATKR | Sell | ATKORE INTL GROUP INC | $10,784,000 | -45.3% | 552,743 | -36.8% | 1.81% | +1.0% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $10,748,000 | -48.2% | 42,783 | -50.2% | 1.80% | -4.3% |
| INFO | Sell | IHS MARKIT LTD | $9,864,000 | -50.0% | 223,764 | -50.1% | 1.65% | -7.7% |
| ALLY | Sell | ALLY FINL INC | $8,816,000 | -69.9% | 363,396 | -74.1% | 1.48% | -44.4% |
| GTN | Sell | GRAY TELEVISION INC | $8,740,000 | -47.5% | 556,677 | -54.2% | 1.47% | -3.0% |
| MWA | Sell | MUELLER WTR PRODS INC | $8,486,000 | +3.6% | 662,973 | -5.5% | 1.42% | +91.5% |
| KRA | Sell | KRATON CORPORATION | $7,909,000 | -30.6% | 195,577 | -40.9% | 1.33% | +28.1% |
| Sell | OM ASSET MGMT PLC | $6,993,000 | -44.9% | 468,680 | -45.2% | 1.17% | +1.8% | |
| COMM | Sell | COMMSCOPE HLDG CO INC | $6,951,000 | -56.4% | 209,303 | -50.1% | 1.17% | -19.4% |
| AFSI | Buy | AMTRUST FINL SVCS INC | $6,628,000 | +1225.6% | 100,055 | +202.6% | 1.11% | +2368.9% |
| STAY | Sell | EXTENDED STAY AMER INCunit 99/99/9999b | $6,261,000 | -48.5% | 313,055 | -50.1% | 1.05% | -4.7% |
| C | Sell | CITIGROUP INC | $5,845,000 | -45.8% | 80,359 | -50.2% | 0.98% | +0.2% |
| IPI | Sell | INTREPID POTASH INC | $5,100,000 | -3.1% | 1,169,647 | -49.8% | 0.86% | +79.2% |
| ANDV | New | ANDEAVOR | $4,489,000 | – | 43,518 | +100.0% | 0.75% | – |
| New | FIAT CHRYSLER AUTOMOBILES Ncall | $4,460,000 | – | 249,044 | +100.0% | 0.75% | – | |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $4,008,000 | -46.0% | 21,862 | -50.2% | 0.67% | -0.3% |
| SIX | Sell | SIX FLAGS ENTMT CORP NEW | $3,842,000 | -60.7% | 63,041 | -61.5% | 0.64% | -27.3% |
| IGT | New | INTERNATIONAL GAME TECHNOLOG | $3,560,000 | – | 145,000 | +100.0% | 0.60% | – |
| ADNT | Buy | ADIENT PLC | $3,297,000 | +76.3% | 39,258 | +37.2% | 0.55% | +225.3% |
| MSGS | Sell | MADISON SQUARE GARDEN CO NEWcl a | $3,290,000 | -45.8% | 15,366 | -50.2% | 0.55% | +0.2% |
| XLE | Sell | SELECT SECTOR SPDR TRenergy | $3,120,000 | -43.5% | 45,558 | -46.5% | 0.52% | +4.4% |
| IWO | Sell | ISHARES TRrus 2000 grw etf | $2,757,000 | -47.0% | 15,408 | -50.0% | 0.46% | -2.1% |
| LVNTA | New | LIBERTY INTERACTIVE CORP | $2,612,000 | – | 45,393 | +100.0% | 0.44% | – |
| WLTW | Sell | WILLIS TOWERS WATSON PUB LTD | $2,551,000 | -73.4% | 16,538 | -75.0% | 0.43% | -50.9% |
| ABCO | Sell | ADVISORY BRD CO | $2,454,000 | -48.1% | 45,770 | -50.1% | 0.41% | -4.0% |
| SIRI | Sell | SIRIUS XM HLDGS INC | $2,140,000 | -49.5% | 387,598 | -50.0% | 0.36% | -6.8% |
| PNR | Sell | PENTAIR PLC | $1,975,000 | -85.0% | 29,056 | -85.3% | 0.33% | -72.3% |
| MDCA | Sell | MDC PARTNERS INCcl a sub vtg | $1,919,000 | -66.0% | 174,473 | -69.4% | 0.32% | -37.1% |
| TROX | New | TRONOX LTD | $1,794,000 | – | 85,000 | +100.0% | 0.30% | – |
| TSEM | Sell | TOWER SEMICONDUCTOR LTD | $1,707,000 | -47.3% | 55,526 | -59.1% | 0.29% | -2.7% |
| LEXEA | Sell | LIBERTY EXPEDIA HOLDINGS | $1,644,000 | -50.0% | 30,963 | -49.1% | 0.28% | -7.4% |
| DFS | Sell | DISCOVER FINL SVCS | $1,415,000 | -48.3% | 21,940 | -50.2% | 0.24% | -4.4% |
| STT | Sell | STATE STR CORP | $1,279,000 | -46.9% | 13,387 | -50.2% | 0.21% | -2.3% |
| LAYN | Buy | LAYNE CHRISTENSEN CO | $1,260,000 | +615.9% | 100,430 | +402.2% | 0.21% | +1218.8% |
| GLD | Sell | SPDR GOLD TRUST | $1,098,000 | -48.6% | 9,031 | -50.2% | 0.18% | -5.2% |
| MET | Sell | METLIFE INC | $1,010,000 | -52.9% | 19,447 | -50.2% | 0.17% | -13.3% |
| IWM | Sell | ISHARES TRrussell 2000 etf | $1,003,000 | -47.4% | 6,766 | -50.0% | 0.17% | -2.9% |
| IBP | Sell | INSTALLED BLDG PRODS INC | $949,000 | -95.1% | 14,647 | -96.0% | 0.16% | -90.9% |
| ACIW | New | ACI WORLDWIDE INC | $911,000 | – | 40,000 | +100.0% | 0.15% | – |
| XHB | New | SPDR SERIES TRUSTs&p homebuild | $876,000 | – | 22,000 | +100.0% | 0.15% | – |
| CPN | Sell | CALPINE CORP | $821,000 | -45.6% | 55,685 | -50.1% | 0.14% | +0.7% |
| HKRSQ | New | HALCON RES CORP | $816,000 | – | 120,000 | +100.0% | 0.14% | – |
| SATS | Sell | ECHOSTAR CORPcl a | $784,000 | -53.0% | 13,699 | -50.2% | 0.13% | -13.2% |
| FCEA | Sell | FOREST CITY RLTY TR INC | $657,000 | -47.4% | 25,739 | -50.2% | 0.11% | -2.7% |
| LSXMA | Sell | LIBERTY MEDIA CORP DELAWARE | $607,000 | -50.2% | 14,494 | -50.2% | 0.10% | -8.1% |
| METC | Sell | RAMACO RES INC | $602,000 | +1.3% | 90,828 | -7.5% | 0.10% | +87.0% |
| CFCO | New | CF CORP | $503,000 | – | 44,922 | +100.0% | 0.08% | – |
| MFIN | Sell | MEDALLION FINL CORP | $458,000 | -66.7% | 211,134 | -63.3% | 0.08% | -38.4% |
| MU | New | MICRON TECHNOLOGY INC | $393,000 | – | 10,000 | +100.0% | 0.07% | – |
| CZR | New | CAESARS ENTMT CORP | $334,000 | – | 25,000 | +100.0% | 0.06% | – |
| OFS | Sell | OFS CAP CORP | $334,000 | -54.1% | 25,355 | -50.2% | 0.06% | -15.2% |
| FWONA | New | LIBERTY MEDIA CORP DELAWARE | $313,000 | – | 8,572 | +100.0% | 0.05% | – |
| GM | Sell | GENERAL MTRS CO | $288,000 | -42.2% | 7,120 | -50.1% | 0.05% | +6.7% |
| NGHC | Sell | NATIONAL GEN HLDGS CORP | $207,000 | -94.2% | 10,854 | -93.6% | 0.04% | -89.2% |
| NRE | Exit | NORTHSTAR REALTY EUROPE CORP | $0 | – | -31,938 | -100.0% | -0.04% | – |
| WAGE | Exit | WAGEWORKS INC | $0 | – | -7,440 | -100.0% | -0.04% | – |
| FTV | Exit | FORTIVE CORP | $0 | – | -9,174 | -100.0% | -0.05% | – |
| XLF | Exit | SELECT SECTOR SPDR TRsbi int-finl | $0 | – | -26,980 | -100.0% | -0.06% | – |
| ENZ | Exit | ENZO BIOCHEM INC | $0 | – | -99,328 | -100.0% | -0.10% | – |
| PSX | Exit | PHILLIPS 66 | $0 | – | -13,492 | -100.0% | -0.10% | – |
| EGRX | Exit | EAGLE PHARMACEUTICALS INC | $0 | – | -30,134 | -100.0% | -0.22% | – |
| WBA | Exit | WALGREENS BOOTS ALLIANCE INC | $0 | – | -36,066 | -100.0% | -0.26% | – |
| LBTYA | Exit | LIBERTY GLOBAL PLC | $0 | – | -129,068 | -100.0% | -0.38% | – |
| BWXT | Exit | BWX TECHNOLOGIES INC | $0 | – | -88,686 | -100.0% | -0.39% | – |
| FCAU | Exit | FIAT CHRYSLER AUTOMOBILES N | $0 | – | -539,676 | -100.0% | -0.52% | – |
| CLW | Exit | CLEARWATER PAPER CORP | $0 | – | -140,886 | -100.0% | -0.60% | – |
| LBTYK | Exit | LIBERTY GLOBAL PLC | $0 | – | -221,536 | -100.0% | -0.63% | – |
| TSO | Exit | TESORO CORP | $0 | – | -87,066 | -100.0% | -0.74% | – |
| MLI | Exit | MUELLER INDS INC | $0 | – | -701,256 | -100.0% | -0.74% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-11-13
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.