$313 Million is the total value of Corsair Capital Management's 60 reported holdings in Q4 2018. The portfolio turnover from Q3 2018 to Q4 2018 was 48.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IAC | Sell | IAC INTERACTIVECORP | $24,853,000 | -23.3% | 135,781 | -9.2% | 7.94% | +6.6% |
| IQV | Sell | IQVIA HLDGS INC | $20,733,000 | -18.9% | 178,470 | -9.4% | 6.62% | +12.7% |
| AON | Sell | AON PLC | $20,357,000 | -13.7% | 140,046 | -8.7% | 6.50% | +19.9% |
| SPXC | Sell | SPX CORP | $17,432,000 | -34.7% | 622,355 | -22.4% | 5.57% | -9.3% |
| FMC | Sell | F M C CORP | $17,009,000 | -22.2% | 229,973 | -8.2% | 5.43% | +8.1% |
| VOYA | Sell | VOYA FINL INC | $16,541,000 | -26.1% | 412,079 | -8.6% | 5.28% | +2.6% |
| HDS | Sell | HD SUPPLY HLDGS INC | $13,632,000 | -16.4% | 363,331 | -4.6% | 4.35% | +16.2% |
| BLL | Sell | BALL CORP | $13,097,000 | -4.4% | 284,844 | -8.6% | 4.18% | +32.8% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $12,657,000 | +13.7% | 50,644 | +32.3% | 4.04% | +58.0% |
| HGV | Sell | HILTON GRAND VACATIONS INC | $12,504,000 | -39.8% | 473,829 | -24.5% | 3.99% | -16.4% |
| WSC | Buy | WILLSCOT CORP | $11,440,000 | -4.3% | 1,214,465 | +74.2% | 3.65% | +32.9% |
| CHDN | New | CHURCHILL DOWNS INC | $11,242,000 | – | 46,087 | +100.0% | 3.59% | – |
| RHP | Sell | RYMAN HOSPITALITY PPTYS INC | $9,874,000 | -26.2% | 148,058 | -4.6% | 3.15% | +2.6% |
| INFO | Sell | IHS MARKIT LTD | $9,802,000 | -13.1% | 204,346 | -2.3% | 3.13% | +20.7% |
| NOMD | Sell | NOMAD FOODS LTD | $7,388,000 | -21.3% | 441,871 | -4.6% | 2.36% | +9.4% |
| STAY | Sell | EXTENDED STAY AMER INCunit 99/99/9999b | $6,817,000 | -35.4% | 439,808 | -15.7% | 2.18% | -10.2% |
| New | CAESARS ENTMT CORPnote 5.000%10/0 | $6,668,000 | – | 982,012 | +100.0% | 2.13% | – | |
| PRSP | Sell | PERSPECTA INC | $5,818,000 | -43.8% | 337,876 | -16.1% | 1.86% | -21.9% |
| PLYA | Sell | PLAYA HOTELS & RESORTS NV | $5,431,000 | -43.2% | 755,372 | -23.9% | 1.73% | -21.0% |
| ATKR | Sell | ATKORE INTL GROUP INC | $5,289,000 | -45.9% | 266,590 | -27.7% | 1.69% | -24.9% |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $4,422,000 | +4.7% | 21,656 | +9.7% | 1.41% | +45.4% |
| AXTA | Sell | AXALTA COATING SYS LTD | $4,222,000 | -46.8% | 180,279 | -33.7% | 1.35% | -26.1% |
| MSFT | New | MICROSOFT CORP | $3,819,000 | – | 37,600 | +100.0% | 1.22% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $3,762,000 | – | 3,600 | +100.0% | 1.20% | – |
| ARMK | Sell | ARAMARK | $3,632,000 | -58.9% | 125,354 | -39.0% | 1.16% | -42.9% |
| KRA | Sell | KRATON CORPORATION | $3,472,000 | -56.4% | 158,964 | -5.9% | 1.11% | -39.4% |
| NMRK | New | NEWMARK GROUP INCcl a | $3,288,000 | – | 410,000 | +100.0% | 1.05% | – |
| MSGS | Sell | MADISON SQUARE GARDEN CO NEWcl a | $3,218,000 | -18.4% | 12,020 | -3.9% | 1.03% | +13.5% |
| HUN | Sell | HUNTSMAN CORP | $2,991,000 | -74.6% | 155,060 | -64.1% | 0.96% | -64.7% |
| FCAU | Sell | FIAT CHRYSLER AUTOMOBILES N | $2,771,000 | -19.8% | 191,645 | -2.9% | 0.88% | +11.5% |
| C | Sell | CITIGROUP INC | $2,670,000 | -30.3% | 51,295 | -3.9% | 0.85% | -3.1% |
| FLEX | Sell | FLEX LTDord | $2,597,000 | -82.9% | 341,289 | -70.5% | 0.83% | -76.3% |
| ALLY | Sell | ALLY FINL INC | $2,422,000 | -18.1% | 106,901 | -4.4% | 0.77% | +13.8% |
| TROX | Sell | TRONOX LTD | $2,159,000 | -81.5% | 277,526 | -71.6% | 0.69% | -74.3% |
| AVYA | New | AVAYA HLDGS CORP | $1,650,000 | – | 113,356 | +100.0% | 0.53% | – |
| ATH | New | ATHENE HLDG LTDcl a | $1,394,000 | – | 35,000 | +100.0% | 0.44% | – |
| OLN | Sell | OLIN CORP | $1,341,000 | -47.5% | 66,702 | -33.0% | 0.43% | -27.1% |
| AABA | Sell | ALTABA INC | $1,268,000 | -77.8% | 21,888 | -73.9% | 0.40% | -69.1% |
| KAR | Sell | KAR AUCTION SVCS INC | $1,156,000 | -23.7% | 24,227 | -4.6% | 0.37% | +6.0% |
| AAPL | New | APPLE INC | $1,090,000 | – | 6,910 | +100.0% | 0.35% | – |
| IPI | Sell | INTREPID POTASH INC | $961,000 | -62.7% | 369,564 | -48.5% | 0.31% | -48.1% |
| ECPG | New | ENCORE CAP GROUP INC | $893,000 | – | 38,000 | +100.0% | 0.28% | – |
| FB | New | FACEBOOK INCcl a | $890,000 | – | 6,791 | +100.0% | 0.28% | – |
| TIVO | Sell | TIVO CORP | $886,000 | -27.4% | 94,169 | -3.9% | 0.28% | +1.1% |
| GLD | Sell | SPDR GOLD TRUST | $879,000 | +3.4% | 7,249 | -3.9% | 0.28% | +44.1% |
| DFS | Sell | DISCOVER FINL SVCS | $843,000 | -25.9% | 14,292 | -3.9% | 0.27% | +3.1% |
| BSIG | Sell | BRIGHTSPHERE INVESTMNT GRP P | $739,000 | -79.6% | 69,241 | -76.3% | 0.24% | -71.7% |
| HHC | New | HOWARD HUGHES CORP | $732,000 | – | 7,500 | +100.0% | 0.23% | – |
| STT | Sell | STATE STR CORP | $668,000 | -27.6% | 10,590 | -3.9% | 0.21% | +0.5% |
| MFIN | Sell | MEDALLION FINL CORP | $556,000 | -52.6% | 118,465 | -32.8% | 0.18% | -34.1% |
| TOL | New | TOLL BROTHERS INC | $530,000 | – | 16,109 | +100.0% | 0.17% | – |
| LSXMA | Sell | LIBERTY MEDIA CORP DELAWARE | $461,000 | -18.6% | 12,522 | -3.9% | 0.15% | +13.1% |
| SATS | Sell | ECHOSTAR CORPcl a | $411,000 | -23.7% | 11,183 | -3.9% | 0.13% | +5.6% |
| MU | Sell | MICRON TECHNOLOGY INC | $407,000 | -32.6% | 12,837 | -3.9% | 0.13% | -6.5% |
| MRO | New | MARATHON OIL CORP | $405,000 | – | 6,859 | +100.0% | 0.13% | – |
| ROAN | New | ROAN RES INC | $390,000 | – | 46,584 | +100.0% | 0.12% | – |
| BV | New | BRIGHTVIEW HLDGS INC | $255,000 | – | 25,000 | +100.0% | 0.08% | – |
| GSL | Sell | GLOBAL SHIP LEASE INC NEW | $149,000 | -60.6% | 239,679 | -30.3% | 0.05% | -44.8% |
| FREDQ | Sell | FREDS INCcl a | $113,000 | -79.6% | 59,894 | -77.9% | 0.04% | -71.7% |
| EZPW | New | EZCORP INCcl a non vtg | $77,000 | – | 10,000 | +100.0% | 0.02% | – |
| OCN | Exit | OCWEN FINL CORP | $0 | – | -25,861 | -100.0% | -0.02% | – |
| ROSEQ | Exit | ROSEHILL RES INCcl a | $0 | – | -17,990 | -100.0% | -0.02% | – |
| VOXX | Exit | VOXX INTL CORPcl a | $0 | – | -91,573 | -100.0% | -0.11% | – |
| ANDV | Exit | ANDEAVOR | $0 | – | -4,386 | -100.0% | -0.16% | – |
| DHI | Exit | D R HORTON INC | $0 | – | -17,242 | -100.0% | -0.17% | – |
| IGT | Exit | INTERNATIONAL GAME TECHNOLOG | $0 | – | -46,484 | -100.0% | -0.21% | – |
| GSM | Exit | FERROGLOBE PLC | $0 | – | -150,893 | -100.0% | -0.28% | – |
| TDW | Exit | TIDEWATER INC NEW | $0 | – | -60,000 | -100.0% | -0.43% | – |
| DVMT | Exit | DELL TECHNOLOGIES INC | $0 | – | -25,692 | -100.0% | -0.57% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -1,964,693 | -100.0% | -4.63% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR/A filed 2019-02-14
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.