Cobalt Capital Management, Inc is an investment fund managing more than $295 million ran by Wayne Cooperman. There are currently 32 companies in Mr. Cooperman’s portfolio. The largest investments include Chesapeake and Spdr Gold Tr, together worth $72.2 million.
As of 5th August 2022, Cobalt Capital Management, Inc’s top holding is 475,000 shares of Chesapeake currently worth over $38.5 million and making up 13.1% of the portfolio value.
Relative to the number of outstanding shares of Chesapeake, Cobalt Capital Management, Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 200,000 shares of Spdr Gold Tr worth $33.7 million.
The third-largest holding is Antero Resources Corp worth $28 million and the next is Air Lease Corp worth $19.1 million, with 570,000 shares owned.
Currently, Cobalt Capital Management, Inc's portfolio is worth at least $295 million. 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.
The Cobalt Capital Management, Inc office and employees reside in Short Hills, New Jersey. According to the last 13-F report filed with the SEC, Wayne Cooperman serves as the Managing Member of the General Partner at Cobalt Capital Management, Inc.
In the most recent 13F filing, Cobalt Capital Management, Inc revealed that it had opened a new position in
Chesapeake and bought 475,000 shares worth $38.5 million.
This means they effectively own approximately 0.1% of the company.
Chesapeake makes up
51.9%
of the fund's Energy sector allocation and has grown its share price by 65.5% in the past year.
The investment fund also strengthened its position in Berry Global Inc by buying
20,000 additional shares.
This makes their stake in Berry Global Inc total 210,000 shares worth $11.5 million.
Berry Global Inc dropped 10.7% in the past year.
On the other hand, there are companies that Cobalt Capital Management, Inc is getting rid of from its portfolio.
Cobalt Capital Management, Inc closed its position in Bunge Limited on 12th August 2022.
It sold the previously owned 310,000 shares for $20.3 million.
Wayne Cooperman also disclosed a decreased stake in Spdr Gold Tr by 0.1%.
This leaves the value of the investment at $33.7 million and 200,000 shares.
The two most similar investment funds to Cobalt Capital Management, Inc are Wny Asset Management and Curated Wealth Partners. They manage $295 million and $295 million respectively.
Cobalt Capital Management, Inc’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Energy — making up 25.1% of
the total portfolio value.
The fund focuses on investments in the United States as
59.4% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $33.7 billion.
These positions were updated on August 12th 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 |
|---|---|---|---|
| Chesapeake Energy Corp. |
Opened
475,000
|
$38,523,000 | 13.06% |
| Spdr Gold Tr |
13.04%
200,000
|
$33,692,000 | 11.42% |
| Antero Resources Corp |
Opened
915,000
|
$28,045,000 | 9.50% |
| Bunge Limited |
Closed
310,000
|
$20,330,000 | |
| Air Lease Corp |
Opened
570,000
|
$19,055,000 | 6.46% |
| Golar Lng |
Opened
800,000
|
$18,200,000 | 6.17% |
| Mr. Cooper Group Inc |
Opened
470,000
|
$17,268,000 | 5.85% |
| Ishares Tr |
Closed
85,000
|
$16,665,000 | |
| Apollo Global Mgmt Inc |
Opened
300,000
|
$14,544,000 | 4.93% |
| Cnx Res Corp |
Closed
1,318,511
|
$14,240,000 | |
| NRG Energy Inc. |
Closed
351,466
|
$13,198,000 | |
| Flex Ltd |
Closed
700,000
|
$12,586,000 | |
| Delta Air Lines, Inc. |
Opened
396,700
|
$11,492,000 | 3.89% |
| Berry Global Group Inc |
10.53%
210,000
|
$11,474,000 | 3.89% |
| Fiserv, Inc. |
Closed
97,400
|
$11,090,000 | |
| Crown Holdings, Inc. |
Opened
120,000
|
$11,060,000 | 3.75% |
| Aercap Holdings Nv |
Closed
239,100
|
$10,898,000 | |
| Crown Castle Intl Corp New |
Closed
65,000
|
$10,347,000 | |
| Hertz Global Holdings Inc. |
Opened
650,000
|
$10,296,000 | 3.49% |
| Teekay Lng Partners L P |
Closed
819,780
|
$9,395,000 | |
| Vertiv Holdings Co |
Closed
475,000
|
$8,868,000 | |
| KB Home |
Opened
300,000
|
$8,538,000 | 2.89% |
| Goldman Sachs Group, Inc. |
Opened
26,000
|
$7,723,000 | 2.62% |
| CIT Group Inc. |
Closed
199,548
|
$7,164,000 | |
| Freeport-McMoRan Inc |
Closed
275,000
|
$7,156,000 | |
| Ashland Inc |
Closed
85,016
|
$6,733,000 | |
| Caesars Entertainment Inc Ne |
Opened
173,500
|
$6,645,000 | 2.25% |
| Bausch Health Cos Inc |
Closed
317,500
|
$6,604,000 | |
| Lithia Mtrs Inc |
Opened
24,020
|
$6,601,000 | 2.24% |
| Newmont Corp |
Closed
99,000
|
$5,929,000 | |
| Lowes Cos Inc |
Closed
35,000
|
$5,618,000 | |
| United Airls Hldgs Inc |
Opened
150,000
|
$5,313,000 | 1.80% |
| Devon Energy Corp. |
Closed
317,800
|
$5,024,000 | |
| Avis Budget Group Inc |
Opened
30,000
|
$4,412,000 | 1.50% |
| Alphabet Inc |
33.33%
2,000
|
$4,375,000 | 1.48% |
| Us Foods Hldg Corp |
Opened
140,000
|
$4,295,000 | 1.46% |
| Arch Resources Inc |
Opened
29,000
|
$4,150,000 | 1.41% |
| Nutrien Ltd |
150.00%
50,000
|
$3,985,000 | 1.35% |
| Willscot Mobil Mini Hldng Co |
Opened
120,000
|
$3,890,000 | 1.32% |
| XPO Logistics Inc |
33.81%
70,000
|
$3,371,000 | 1.14% |
| Oracle Corp. |
Opened
45,000
|
$3,144,000 | 1.07% |
| Corteva Inc |
Closed
78,114
|
$3,025,000 | |
| Mgic Invt Corp Wis |
Opened
220,000
|
$2,772,000 | 0.94% |
| Builders Firstsource Inc |
85.51%
50,000
|
$2,685,000 | 0.91% |
| Cf Inds Hldgs Inc |
89.64%
30,000
|
$2,572,000 | 0.87% |
| Diamondback Energy Inc |
Opened
20,000
|
$2,423,000 | 0.82% |
| Marathon Pete Corp |
Closed
55,000
|
$2,275,000 | |
| Activision Blizzard Inc |
Opened
23,000
|
$1,791,000 | 0.61% |
| Signet Jewelers Limited |
Opened
25,000
|
$1,337,000 | 0.45% |
| Rio Tinto plc |
Closed
15,000
|
$1,128,000 | |
| Valero Energy Corp. |
Opened
10,000
|
$1,063,000 | 0.36% |
| Gannett Co Inc. |
Closed
188,597
|
$634,000 | |
| Global Business Travel Group |
Opened
51,826
|
$327,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||