$560 Million is the total value of Corsair Capital Management's 60 reported holdings in Q4 2017. The portfolio turnover from Q3 2017 to Q4 2017 was 44.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ILG | Sell | ILG INC | $30,782,000 | +5.6% | 1,080,838 | -0.9% | 5.50% | +12.4% |
| SBGI | Sell | SINCLAIR BROADCAST GROUP INCcl a | $27,529,000 | +10.1% | 727,319 | -6.7% | 4.92% | +17.3% |
| IAC | Sell | IAC INTERACTIVECORP | $25,564,000 | -10.0% | 209,064 | -13.5% | 4.56% | -4.2% |
| VOYA | Sell | VOYA FINL INC | $25,260,000 | +3.2% | 510,617 | -16.7% | 4.51% | +9.9% |
| SPXC | Buy | SPX CORP | $24,681,000 | +8.4% | 786,272 | +1.4% | 4.41% | +15.5% |
| IQV | New | IQVIA HLDGS INC | $23,819,000 | – | 243,304 | +100.0% | 4.25% | – |
| GSM | Buy | FERROGLOBE PLC | $23,578,000 | +25.6% | 1,455,454 | +2.0% | 4.21% | +33.7% |
| AON | Sell | AON PLC | $23,278,000 | -21.3% | 173,715 | -14.2% | 4.16% | -16.2% |
| CZR | Buy | CAESARS ENTMT CORP | $23,015,000 | +6790.7% | 1,819,400 | +7177.6% | 4.11% | +7239.3% |
| HUN | New | HUNTSMAN CORP | $22,029,000 | – | 661,719 | +100.0% | 3.93% | – |
| FLEX | New | FLEX LTDord | $20,383,000 | – | 1,133,000 | +100.0% | 3.64% | – |
| FMC | Sell | F M C CORP | $19,252,000 | +5.1% | 203,377 | -0.8% | 3.44% | +11.9% |
| HDS | Sell | HD SUPPLY HLDGS INC | $17,935,000 | -2.2% | 448,046 | -11.8% | 3.20% | +4.2% |
| TROX | Buy | TRONOX LTD | $16,872,000 | +840.5% | 822,600 | +867.8% | 3.01% | +901.0% |
| CLNS | Sell | COLONY NORTHSTAR INC | $16,275,000 | -19.5% | 1,426,405 | -11.4% | 2.91% | -14.3% |
| NOMD | Sell | NOMAD FOODS LTD | $16,189,000 | +12.7% | 957,371 | -2.9% | 2.89% | +20.0% |
| STAY | Buy | EXTENDED STAY AMER INCunit 99/99/9999b | $14,597,000 | +133.1% | 768,272 | +145.4% | 2.61% | +148.3% |
| ACIW | Buy | ACI WORLDWIDE INC | $13,787,000 | +1413.4% | 608,164 | +1420.4% | 2.46% | +1509.2% |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $13,489,000 | -29.7% | 195,439 | -36.4% | 2.41% | -25.2% |
| AXTA | Sell | AXALTA COATING SYS LTD | $12,106,000 | -19.1% | 374,089 | -27.7% | 2.16% | -13.9% |
| ATKR | Sell | ATKORE INTL GROUP INC | $11,461,000 | +6.3% | 534,334 | -3.3% | 2.05% | +13.2% |
| ARMK | Sell | ARAMARK | $11,398,000 | -2.0% | 266,675 | -6.9% | 2.04% | +4.4% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $11,257,000 | +4.7% | 42,183 | -1.4% | 2.01% | +11.5% |
| INFO | Sell | IHS MARKIT LTD | $10,017,000 | +1.6% | 221,866 | -0.8% | 1.79% | +8.2% |
| KRA | Sell | KRATON CORPORATION | $9,373,000 | +18.5% | 194,585 | -0.5% | 1.67% | +26.2% |
| HMHC | Sell | HOUGHTON MIFFLIN HARCOURT CO | $9,088,000 | -26.8% | 977,243 | -5.2% | 1.62% | -22.1% |
| AABA | New | ALTABA INC | $6,925,000 | – | 99,146 | +100.0% | 1.24% | – |
| Sell | OM ASSET MGMT PLC | $6,199,000 | -11.4% | 370,108 | -21.0% | 1.11% | -5.6% | |
| GTN | Sell | GRAY TELEVISION INC | $6,167,000 | -29.4% | 368,153 | -33.9% | 1.10% | -24.9% |
| OLN | Sell | OLIN CORP | $6,044,000 | -54.1% | 169,864 | -55.8% | 1.08% | -51.1% |
| IPI | Sell | INTREPID POTASH INC | $5,240,000 | +2.7% | 1,100,817 | -5.9% | 0.94% | +9.5% |
| ALLY | Sell | ALLY FINL INC | $4,492,000 | -49.0% | 154,035 | -57.6% | 0.80% | -45.7% |
| C | Sell | CITIGROUP INC | $4,412,000 | -24.5% | 59,289 | -26.2% | 0.79% | -19.6% |
| BLL | Sell | BALL CORP | $4,364,000 | -78.1% | 115,294 | -76.1% | 0.78% | -76.7% |
| MWA | Sell | MUELLER WTR PRODS INC | $4,296,000 | -49.4% | 342,878 | -48.3% | 0.77% | -46.1% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $4,273,000 | +6.6% | 21,555 | -1.4% | 0.76% | +13.5% |
| FCAU | New | FIAT CHRYSLER AUTOMOBILES Ncall | $4,222,000 | – | 236,644 | +100.0% | 0.75% | – |
| IGT | Buy | INTERNATIONAL GAME TECHNOLOG | $4,058,000 | +14.0% | 153,061 | +5.6% | 0.72% | +21.4% |
| KAR | Sell | KAR AUCTION SVCS INC | $3,304,000 | -76.2% | 65,403 | -77.5% | 0.59% | -74.7% |
| MSGS | Sell | MADISON SQUARE GARDEN CO NEWcl a | $3,197,000 | -2.8% | 15,162 | -1.3% | 0.57% | +3.4% |
| ADNT | Sell | ADIENT PLC | $2,669,000 | -19.0% | 33,911 | -13.6% | 0.48% | -13.7% |
| NTUS | Sell | NATUS MEDICAL INC DEL | $1,971,000 | -85.8% | 51,602 | -86.1% | 0.35% | -84.9% |
| LAYN | Buy | LAYNE CHRISTENSEN CO | $1,884,000 | +49.5% | 150,117 | +49.5% | 0.34% | +59.2% |
| MDCA | Sell | MDC PARTNERS INCcl a sub vtg | $1,331,000 | -30.6% | 136,465 | -21.8% | 0.24% | -26.1% |
| DFS | Sell | DISCOVER FINL SVCS | $1,292,000 | -8.7% | 16,791 | -23.5% | 0.23% | -2.5% |
| STT | Sell | STATE STR CORP | $1,288,000 | +0.7% | 13,194 | -1.4% | 0.23% | +7.5% |
| SRC | New | SPIRIT RLTY CAP INC NEW | $1,201,000 | – | 140,000 | +100.0% | 0.21% | – |
| GLD | Sell | SPDR GOLD TRUST | $1,107,000 | +0.8% | 8,952 | -0.9% | 0.20% | +7.6% |
| APTV | New | APTIV PLC | $857,000 | – | 10,100 | +100.0% | 0.15% | – |
| CPN | CALPINE CORP | $843,000 | +2.7% | 55,685 | 0.0% | 0.15% | +9.4% | |
| SATS | ECHOSTAR CORPcl a | $821,000 | +4.7% | 13,699 | 0.0% | 0.15% | +12.2% | |
| ANDV | Sell | ANDEAVOR | $731,000 | -83.7% | 6,391 | -85.3% | 0.13% | -82.6% |
| HKRSQ | Sell | HALCON RES CORP | $583,000 | -28.6% | 77,000 | -35.8% | 0.10% | -24.1% |
| LSXMA | LIBERTY MEDIA CORP DELAWARE | $575,000 | -5.3% | 14,494 | 0.0% | 0.10% | +1.0% | |
| MFIN | Sell | MEDALLION FINL CORP | $570,000 | +24.5% | 161,373 | -23.6% | 0.10% | +32.5% |
| METC | Sell | RAMACO RES INC | $556,000 | -7.6% | 80,828 | -11.0% | 0.10% | -2.0% |
| VOXX | New | VOXX INTL CORPcl a | $492,000 | – | 87,935 | +100.0% | 0.09% | – |
| MU | MICRON TECHNOLOGY INC | $411,000 | +4.6% | 10,000 | 0.0% | 0.07% | +10.6% | |
| ATI | New | ALLEGHENY TECHNOLOGIES INC | $342,000 | – | 14,187 | +100.0% | 0.06% | – |
| OFS | Sell | OFS CAP CORP | $247,000 | -26.0% | 20,755 | -18.1% | 0.04% | -21.4% |
| NGHC | Exit | NATIONAL GEN HLDGS CORP | $0 | – | -10,854 | -100.0% | -0.04% | – |
| GM | Exit | GENERAL MTRS CO | $0 | – | -7,120 | -100.0% | -0.05% | – |
| FWONA | Exit | LIBERTY MEDIA CORP DELAWARE | $0 | – | -8,572 | -100.0% | -0.05% | – |
| CFCO | Exit | CF CORP | $0 | – | -44,922 | -100.0% | -0.08% | – |
| FCEA | Exit | FOREST CITY RLTY TR INC | $0 | – | -25,739 | -100.0% | -0.11% | – |
| XHB | Exit | SPDR SERIES TRUSTs&p homebuild | $0 | – | -22,000 | -100.0% | -0.15% | – |
| IBP | Exit | INSTALLED BLDG PRODS INC | $0 | – | -14,647 | -100.0% | -0.16% | – |
| IWM | Exit | ISHARES TRrussell 2000 etf | $0 | – | -6,766 | -100.0% | -0.17% | – |
| MET | Exit | METLIFE INC | $0 | – | -19,447 | -100.0% | -0.17% | – |
| LEXEA | Exit | LIBERTY EXPEDIA HOLDINGS | $0 | – | -30,963 | -100.0% | -0.28% | – |
| TSEM | Exit | TOWER SEMICONDUCTOR LTD | $0 | – | -55,526 | -100.0% | -0.29% | – |
| PNR | Exit | PENTAIR PLC | $0 | – | -29,056 | -100.0% | -0.33% | – |
| SIRI | Exit | SIRIUS XM HLDGS INC | $0 | – | -387,598 | -100.0% | -0.36% | – |
| ABCO | Exit | ADVISORY BRD CO | $0 | – | -45,770 | -100.0% | -0.41% | – |
| WLTW | Exit | WILLIS TOWERS WATSON PUB LTD | $0 | – | -16,538 | -100.0% | -0.43% | – |
| LVNTA | Exit | LIBERTY INTERACTIVE CORP | $0 | – | -45,393 | -100.0% | -0.44% | – |
| IWO | Exit | ISHARES TRrus 2000 grw etf | $0 | – | -15,408 | -100.0% | -0.46% | – |
| XLE | Exit | SELECT SECTOR SPDR TRenergy | $0 | – | -45,558 | -100.0% | -0.52% | – |
| SIX | Exit | SIX FLAGS ENTMT CORP NEW | $0 | – | -63,041 | -100.0% | -0.64% | – |
| Exit | FIAT CHRYSLER AUTOMOBILES Ncall | $0 | – | -249,044 | -100.0% | -0.75% | – | |
| AFSI | Exit | AMTRUST FINL SVCS INC | $0 | – | -100,055 | -100.0% | -1.11% | – |
| COMM | Exit | COMMSCOPE HLDG CO INC | $0 | – | -209,303 | -100.0% | -1.17% | – |
| Q | Exit | QUINTILES IMS HOLDINGS INC | $0 | – | -283,266 | -100.0% | -4.52% | – |
| OA | Exit | ORBITAL ATK INC | $0 | – | -220,279 | -100.0% | -4.92% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR/A filed 2018-02-14
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.