Corsair Capital Management, L.P. 13F annual report
Corsair Capital Management, L.P. is an investment fund managing more than $612 billion ran by Jay Petschek. There are currently 101 companies in Mr. Petschek’s portfolio. The largest investments include SPX Technologies Inc and Spar, together worth $184 billion.
$612 billion Assets Under Management (AUM)
As of 6th August 2024, Corsair Capital Management, L.P.’s top holding is 142 shares of SPX Technologies Inc currently worth over $120 billion and making up 19.6% of the portfolio value.
Relative to the number of outstanding shares of SPX Technologies Inc, Corsair Capital Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 2 shares of Spar worth $64.1 billion, whose value grew 84.5% in the past six months.
The third-largest holding is Vertiv Co worth $56.2 billion and the next is Spdr S&p 500 Etf Tr worth $38.5 billion, with 544 shares owned.
Currently, Corsair Capital Management, L.P.'s portfolio is worth at least $612 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Corsair Capital Management, L.P.
The Corsair Capital Management, L.P. office and employees reside in Scarsdale, New York. According to the last 13-F report filed with the SEC, Jay Petschek serves as the Managing Member of the General Partner at Corsair Capital Management, L.P..
Recent trades
In the most recent 13F filing, Corsair Capital Management, L.P. revealed that it had opened a new position in
Spar and bought 2 shares worth $64.1 billion.
This means they effectively own approximately 0.1% of the company.
Spar makes up
22.5%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Willscot Mobil Mini Hldng Co by buying
54,439 additional shares.
This makes their stake in Willscot Mobil Mini Hldng Co total 623,529 shares worth $23.5 billion.
On the other hand, there are companies that Corsair Capital Management, L.P. is getting rid of from its portfolio.
Corsair Capital Management, L.P. closed its position in IAC Inc on 13th August 2024.
It sold the previously owned 67,787 shares for $3.62 billion.
Jay Petschek also disclosed a decreased stake in SPX Technologies Inc by 1.0%.
This leaves the value of the investment at $120 billion and 142 shares.
One of the average hedge funds
The two most similar investment funds to Corsair Capital Management, L.P. are Inscription Capital and Cynosure. They manage $613 billion and $612 billion respectively.
Jay Petschek investment strategy
Corsair Capital Management, L.P.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Industrials — making up 46.6% of
the total portfolio value.
The fund focuses on investments in the United States as
42.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
16% of the total holdings value.
On the other hand, small-cap stocks make up only 6.9% of the portfolio.
The average market cap of the portfolio companies is close to $121 billion.
The complete list of Corsair Capital Management, L.P. trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| SPX Technologies Inc |
99.88%
142
|
$120,023,000,000 | 19.60% |
| Spar Group, Inc. |
Opened
2
|
$64,106,000,000 | 10.47% |
| Vertiv Holdings Co |
4.00%
648,849
|
$56,170,858,000 | 9.17% |
| Spdr S&p 500 Etf Tr |
98.59%
544
|
$38,518,000,000 | 6.29% |
| Laureate Education Inc |
0.76%
1,976,134
|
$29,523,442,000 | 4.82% |
| Godaddy Inc |
1.28%
194,969
|
$27,239,119,000 | 4.45% |
| SolarWinds Corp |
Opened
12
|
$24,830,000,000 | 4.05% |
| Willscot Mobil Mini Hldng Co |
9.57%
623,529
|
$23,469,632,000 | 3.83% |
| S&P Global Inc |
97.81%
446
|
$20,187,000,000 | 3.30% |
| APi Group Corporation |
1.16%
524,462
|
$19,735,505,000 | 3.22% |
| Mirion Technologies Inc |
1.33%
1,719,004
|
$18,462,103,000 | 3.01% |
| Limbach Holdings Inc |
91.70%
309,372
|
$17,612,548,000 | 2.88% |
| RMR Group Inc (The) |
99.86%
23
|
$16,241,000,000 | 2.65% |
| Aon plc. |
1.08%
41,074
|
$12,058,505,000 | 1.97% |
| Churchill Downs, Inc. |
1.14%
80,069
|
$11,177,632,000 | 1.83% |
| Microsoft Corporation |
1.08%
23,571
|
$10,535,058,000 | 1.72% |
| Berkshire Hathaway Inc. |
No change
20,555
|
$8,361,774,000 | 1.37% |
| Alphabet Inc |
1.08%
39,625
|
$7,217,694,000 | 1.18% |
| Janus International Group In |
1.40%
564,756
|
$7,132,868,000 | 1.16% |
| IQVIA Holdings Inc |
1.06%
31,895
|
$6,743,879,000 | 1.10% |
| Alight Inc. |
9.51%
863,550
|
$6,372,999,000 | 1.04% |
| Shift4 Pmts Inc |
Opened
73
|
$5,959,000,000 | 0.97% |
| Voya Financial, Inc. |
1.03%
75,795
|
$5,392,814,000 | 0.88% |
| RTX Corp |
97.97%
100
|
$4,898,000,000 | 0.80% |
| Ishares Tr |
97.33%
14,800
|
$3,885,444,000 | 0.63% |
| Spdr Gold Tr |
94.14%
215
|
$3,641,000,000 | 0.59% |
| IAC Inc |
Closed
67,787
|
$3,615,759,000 | |
| IAC Inc |
Opened
67,070
|
$3,142,230,000 | 0.51% |
| FTAI Aviation Ltd |
0.70%
19,591
|
$2,022,379,000 | 0.33% |
| Apollo Global Mgmt Inc |
0.70%
16,837
|
$1,987,945,000 | 0.32% |
| Apple Inc |
0.86%
8,986
|
$1,892,631,000 | 0.31% |
| Bjs Restaurants Inc |
1.20%
45,982
|
$1,595,575,000 | 0.26% |
| Ardagh Metal Packaging S A |
1.11%
385,477
|
$1,310,622,000 | 0.21% |
| Spdr S&p Midcap 400 Etf Tr |
55.27%
535
|
$1,196,000,000 | 0.20% |
| Bgc Group Inc |
Opened
142,023
|
$1,178,791,000 | 0.19% |
| Bgc Partners Inc-cl A |
Closed
148,019
|
$1,150,108,000 | |
| Nextnav Inc |
12.32%
127,344
|
$1,032,760,000 | 0.17% |
| Delek Us Hldgs Inc New |
Closed
33,101
|
$1,017,525,000 | |
| Bel Fuse Inc. |
0.70%
14,697
|
$958,832,000 | 0.16% |
| Select Sector Spdr Tr |
17.67%
9,637
|
$878,413,000 | 0.14% |
| KKR & Co. Inc |
0.69%
8,020
|
$844,025,000 | 0.14% |
| Cnx Res Corp |
13.53%
33,456
|
$812,981,000 | 0.13% |
| Garrett Motion Inc |
0.70%
93,084
|
$799,592,000 | 0.13% |
| Ramaco Res Inc |
No change
72,792
|
$790,521,000 | 0.13% |
| Morgan Stanley |
0.69%
8,003
|
$777,812,000 | 0.13% |
| Modular Med Inc |
9.09%
472,970
|
$747,293,000 | 0.12% |
| Valaris Ltd |
Opened
9,929
|
$739,711,000 | 0.12% |
| Vestis Corporation |
Closed
37,000
|
$712,990,000 | |
| Brighthouse Finl Inc |
0.70%
15,627
|
$677,274,000 | 0.11% |
| Industrial Logistics Pptys T |
0.70%
184,031
|
$677,234,000 | 0.11% |
| Turning Pt Brands Inc |
0.68%
20,412
|
$655,021,000 | 0.11% |
| Discover Finl Svcs |
0.69%
5,007
|
$654,966,000 | 0.11% |
| Teekay Corp |
0.70%
72,738
|
$652,460,000 | 0.11% |
| Fomento Economico Mexicano S |
0.71%
5,891
|
$634,166,000 | 0.10% |
| Mdu Res Group Inc |
Opened
24,830
|
$623,233,000 | 0.10% |
| Star Hldgs |
8.93%
49,404
|
$595,812,000 | 0.10% |
| Donnelley Finl Solutions Inc |
0.70%
9,887
|
$589,463,000 | 0.10% |
| M/i Homes Inc |
0.70%
4,708
|
$575,035,000 | 0.09% |
| Pathward Financial Inc |
0.70%
9,797
|
$554,216,000 | 0.09% |
| Greenlight Capital Re Ltd |
0.70%
40,602
|
$531,886,000 | 0.09% |
| Priority Technology Hldgs In |
Opened
95,458
|
$504,018,000 | 0.08% |
| Teck Resources Ltd |
0.70%
10,492
|
$502,567,000 | 0.08% |
| Griffon Corp. |
12.23%
7,557
|
$482,590,000 | 0.08% |
| Constellation Energy Corp |
0.72%
2,357
|
$472,036,000 | 0.08% |
| Medallion Finl Corp |
0.70%
59,653
|
$458,135,000 | 0.07% |
| RCI Hospitality Holdings Inc |
Closed
7,699
|
$446,542,000 | |
| BP plc |
48.09%
12,292
|
$443,741,000 | 0.07% |
| First Solar Inc |
2.05%
1,959
|
$441,676,000 | 0.07% |
| Oppenheimer Holdings Inc |
0.69%
9,159
|
$438,808,000 | 0.07% |
| Madison Square Grdn Sprt Cor |
0.68%
2,321
|
$436,650,000 | 0.07% |
| CRH Plc |
0.70%
5,785
|
$433,759,000 | 0.07% |
| Net Lease Office Properties |
19.69%
17,498
|
$430,801,000 | 0.07% |
| Fonar Corp. |
Opened
25,706
|
$411,296,000 | 0.07% |
| Pitney Bowes, Inc. |
Opened
79,443
|
$403,570,000 | 0.07% |
| Electromed Inc. |
84.64%
26,208
|
$393,906,000 | 0.06% |
| Comstock Hldg Cos Inc |
Opened
58,546
|
$372,938,000 | 0.06% |
| Joint Corp |
0.70%
25,329
|
$356,126,000 | 0.06% |
| Nathans Famous Inc New |
0.68%
5,248
|
$355,709,000 | 0.06% |
| Rave Restaurant Group Inc |
1.34%
172,555
|
$341,659,000 | 0.06% |
| Kosmos Energy Ltd |
14.84%
59,813
|
$331,364,000 | 0.05% |
| Geo Group, Inc. |
0.69%
22,682
|
$325,714,000 | 0.05% |
| KBR Inc |
0.71%
4,785
|
$306,910,000 | 0.05% |
| Investment Managers Ser Tr I |
50.68%
9,799
|
$299,653,000 | 0.05% |
| Cineverse Corp |
44.00%
330,652
|
$294,280,000 | 0.05% |
| Genworth Finl Inc |
0.70%
47,919
|
$289,431,000 | 0.05% |
| Jakks Pac Inc |
7.24%
16,026
|
$287,026,000 | 0.05% |
| Seritage Growth Pptys |
Closed
29,600
|
$285,640,000 | |
| Despegar.com Corp |
Opened
19,862
|
$262,774,000 | 0.04% |
| Peabody Energy Corp. |
Closed
10,281
|
$249,417,000 | |
| Synchronoss Technologies Inc |
9.39%
25,909
|
$240,954,000 | 0.04% |
| Kinder Morgan Inc |
0.70%
11,820
|
$234,863,000 | 0.04% |
| Atmus Filtration Technologie |
60.27%
7,946
|
$228,686,000 | 0.04% |
| PowerFleet Inc |
Opened
49,659
|
$226,942,000 | 0.04% |
| Match Group Inc. |
Closed
6,055
|
$219,675,000 | |
| Lument Finance Trust, Inc. |
0.70%
89,631
|
$215,114,000 | 0.04% |
| Builders Firstsource Inc |
0.70%
1,552
|
$214,812,000 | 0.04% |
| Pioneer Pwr Solutions Inc |
Closed
37,000
|
$211,270,000 | |
| Alarum Technologies Ltd |
Opened
4,966
|
$207,132,000 | 0.03% |
| Tetra Tech, Inc. |
Opened
56,825
|
$196,615,000 | 0.03% |
| DMC Global Inc |
Closed
10,000
|
$194,900,000 | |
| Chesapeake Energy Corp. |
0.71%
2,362
|
$194,133,000 | 0.03% |
| Core Scientific Inc New |
Opened
19,864
|
$184,735,000 | 0.03% |
| Ready Capital Corp |
Closed
20,000
|
$182,600,000 | |
| Petroleo Brasileiro Sa Petro |
Closed
10,000
|
$149,000,000 | |
| Oppfi Inc |
28.04%
39,980
|
$135,532,000 | 0.02% |
| Cognition Therapeutics Inc |
72.83%
77,433
|
$128,539,000 | 0.02% |
| Zenvia Inc |
79.59%
36,160
|
$93,654,000 | 0.02% |
| Quest Resource Hldg Corp |
Opened
10,000
|
$88,000,000 | 0.01% |
| Alpha Pro Tech Ltd. |
Closed
13,497
|
$84,221,000 | |
| Acacia Resh Corp |
Closed
14,799
|
$78,879,000 | |
| Scynexis Inc |
Closed
47,396
|
$69,672,000 | |
| PEDEVCO Corp |
Closed
85,641
|
$68,693,000 | |
| Surgepays Inc |
Opened
19,864
|
$63,366,000 | 0.01% |
| Enservco Corp |
Closed
237,850
|
$46,000,000 | |
| Ikena Oncology Inc |
Opened
24,830
|
$40,970,000 | 0.01% |
| Aerovate Therapeutics Inc |
Opened
20,100
|
$33,366,000 | 0.01% |
| Immix Biopharma Inc |
79.51%
14,217
|
$28,150,000 | 0.00% |
| Cara Therapeutics Inc |
Opened
19,864
|
$5,125,000 | 0.00% |
| Gamida Cell Ltd |
Closed
71,260
|
$2,572,000 | |
| No transactions found | |||
| Showing first 500 out of 119 holdings | |||
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