SEC 13F Intelligence

Managers / Q3 2021 · view latest →

COBALT CAPITAL MANAGEMENT, INC.

CIK 0001086762 · 636 MORRIS TURNPIKE, SUITE 3B, SHORT HILLS, NJ, 07078 · 212-808-3756

Reported Value
$350M
Q3 2021
Positions
38
Filings on Record
31
2019–present window
Filed
Nov 15, 2021
original filing

Summary

Cobalt Capital Management, Inc. reported $350M in U.S.-listed holdings across 38 positions for Q3 2021.

Its largest position, GLD, represents 11.7% of the portfolio.

Compared with Q2 2021, the fund opened 17 new positions and exited 10.

Portfolio Metrics

Turnover
+25.4%
vs prior filed quarter
Top-10 Concentration
+53.5%
share of reported value
Largest Position
+11.7%
Spdr Gold Tr
New / Exited
17 / 10
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $347MQ4 ’18Q1 ’19: $230MQ2 ’19: $284MQ3 ’19: $252MQ4 ’19: $280MQ4 ’19Q1 ’20: $193MQ2 ’20: $175MQ3 ’20: $176MQ4 ’20: $293MQ4 ’20Q1 ’21: $280MQ2 ’21: $285MQ3 ’21: $350MQ4 ’21: $375MQ4 ’21Q1 ’22: $331MQ2 ’22: $300MQ3 ’22: $247MQ4 ’22: $240MQ4 ’22Q1 ’23: $275MQ2 ’23: $260MQ3 ’23: $262MQ4 ’23: $287MQ4 ’23Q1 ’24: $310MQ2 ’24: $231MQ3 ’24: $225MQ4 ’24: $241MQ4 ’24Q1 ’25: $203MQ2 ’25: $213MQ3 ’25: $218MQ4 ’25: $226MQ4 ’25Q1 ’26: $179Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 68.9%Other: 14.5%ETP: 11.7%US DOMESTIC: 4.1%Equity WRT: 0.7%
  • Common Stock · 68.9% · $241M
  • Other · 14.5% · $51M
  • ETP · 11.7% · $41M
  • US DOMESTIC · 4.1% · $14M
  • Equity WRT · 0.7% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ARCH RESOURCES INCNEW+125.0K125.0K+$12M$12M
MCKMCKESSON CORPNEW+56.0K56.0K+$11M$11M
CZRCAESARS ENTERTAINMENT INC NENEW+80.0K80.0K+$9M$9M
GXOGXO LOGISTICS INCORPORATEDNEW+100.0K100.0K+$8M$8M
CIT GROUP INCNEW+150.0K150.0K+$8M$8M
GPKGRAPHIC PACKAGING HLDG CONEW+406.5K406.5K+$8M$8M
TOLTOLL BROTHERS INCNEW+115.0K115.0K+$6M$6M
JBIJANUS INTERNATIONAL GROUP INNEW+514.8K514.8K+$6M$6M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2021

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GLDSPDR GOLD TRhistory →GOLD SHS11.73%$41M250.0K
2ATHENE HOLDING LTDCL A7.28%$25M370.0K
3EQTEQT CORPhistory →COM5.82%$20M996.0K
4DVNDEVON ENERGY CORP NEWhistory →COM5.38%$19M530.0K
5AERAERCAP HOLDINGS NVhistory →SHS4.96%$17M300.0K
6TEEKAY CORPORATIONNOTE 5.000% 1/14.12%$14M14.38M
7NRGNRG ENERGY INChistory →COM NEW3.97%$14M340.0K
8GPIGROUP 1 AUTOMOTIVE INChistory →COM3.48%$12M64.9K
9CCKCROWN HLDGS INChistory →COM3.46%$12M120.0K
10ARCH RESOURCES INCCL A3.31%$12M125.0K
11CANO HEALTH INCCOM CL A3.20%$11M883.4K
12MCKMCKESSON CORPhistory →COM3.19%$11M56.0K
13LADLITHIA MTRS INChistory →COM3.15%$11M34.8K
14MR COOPER GROUP INCCOM2.94%$10M250.0K
15BHCBAUSCH HEALTH COS INChistory →COM2.70%$9M339.5K
16CZRCAESARS ENTERTAINMENT INC NEhistory →COM2.57%$9M80.0K
17JBIJANUS INTERNATIONAL GROUP INCOMMON STOCK · *W EXP 06/07/2022.55%$9M1.26M
18XPOXPO LOGISTICS INChistory →COM2.27%$8M100.0K
19GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK2.24%$8M100.0K
20CIT GROUP INCCOM NEW2.23%$8M150.0K
21GPKGRAPHIC PACKAGING HLDG COhistory →COM2.21%$8M406.5K
22AMATAPPLIED MATLS INChistory →COM2.21%$8M60.0K
23FCXFREEPORT-MCMORAN INChistory →CL B2.16%$8M232.0K
24TEEKAY LNG PARTNERS L PPRTNRSP UNITS2.13%$7M480.0K
25CFCF INDS HLDGS INChistory →COM1.99%$7M125.0K
26TOLTOLL BROTHERS INChistory →COM1.82%$6M115.0K
27BOA ACQUISITION CORPUNIT 99/99/99991.41%$5M500.0K
28EXECHESAPEAKE ENERGY CORPhistory →COM1.32%$5M75.0K
29FISFIDELITY NATL INFORMATION SVCOM0.87%$3M25.0K
30UALUNITED AIRLS HLDGS INCCOM0.82%$3M60.0K
31ALAIR LEASE CORPCL A0.56%$2M50.0K
32FINANCE OF AMERICA COMPANCOM CL A0.51%$2M359.2K
33DELLDELL TECHNOLOGIES INCCL C0.47%$2M15.8K
34VSTVISTRA CORPCOM0.32%$1M66.0K
35CRKCOMSTOCK RES INCCOM0.30%$1M100.0K
36EXPEAGLE MATLS INCCOM0.19%$656,0005.0K
37TROXTRONOX HOLDINGS PLCSHS0.17%$597,00024.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$179M24May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$226M28Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$218M22Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$213M26Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$203M22May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$241M27Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$225M26Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$231M22Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$310M24May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$287M26Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$262M25Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$260M29Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$275M27May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$240M22Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$247M28Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$300M33Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$331M40May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$375M41Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$350M38Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$285M31Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$280M34May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$293M30Feb 16, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$176M26Nov 18, 202013F-HRchanges · EDGAR ↗
Q2 2020$175M24Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$193M34May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$280M26Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$252M31Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$284M38Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$230M28May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$347M37Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • COBALT PARTNERS, L.P.028-10572

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.