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.

Limited to 30 biggest holdings

$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
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