SEC 13F Intelligence

Managers / Q3 2023 · view latest →

COBALT CAPITAL MANAGEMENT, INC.

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

Reported Value
$262M
Q3 2023
Positions
25
Filings on Record
31
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Cobalt Capital Management, Inc. reported $262M in U.S.-listed holdings across 25 positions for Q3 2023.

Its largest position, GLD, represents 19.6% of the portfolio.

Compared with Q2 2023, the fund opened 9 new positions and exited 13.

Portfolio Metrics

Turnover
+38.0%
vs prior filed quarter
Top-10 Concentration
+75.3%
share of reported value
Largest Position
+19.6%
Spdr Gold Tr
New / Exited
9 / 13
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: 80.4%ETP: 19.6%
  • Common Stock · 80.4% · $211M
  • ETP · 19.6% · $51M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AERAERCAP HOLDINGS NVNEW+220.0K220.0K+$14M$14M
LADLITHIA MTRS INCNEW+37.0K37.0K+$11M$11M
VLOVALERO ENERGY CORPNEW+70.0K70.0K+$10M$10M
CRHCRH PLCNEW+140.0K140.0K+$8M$8M
GPKGRAPHIC PACKAGING HLDG CONEW+210.0K210.0K+$5M$5M
MPCMARATHON PETE CORPNEW+20.0K20.0K+$3M$3M
PRPERMIAN RESOURCES CORPNEW+200.0K200.0K+$3M$3M
KKRKKR & CO INCNEW+40.0K40.0K+$2M$2M

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

Holdings — Q3 2023

25 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GLDSPDR GOLD TRhistory →GOLD SHS19.62%$51M300.0K
2ALAIR LEASE CORPhistory →CL A17.53%$46M1.17M
3GLNGGOLAR LNG LTDhistory →SHS6.29%$16M680.0K
4AERAERCAP HOLDINGS NVhistory →SHS5.26%$14M220.0K
5LNGCHENIERE ENERGY INChistory →COM NEW5.06%$13M80.0K
6VSTVISTRA CORPhistory →COM5.06%$13M400.0K
7ANAUTONATION INChistory →COM4.62%$12M80.0K
8LADLITHIA MTRS INChistory →COM4.17%$11M37.0K
9FTAIFTAI AVIATION LTDhistory →SHS3.86%$10M285.0K
10VLOVALERO ENERGY CORPhistory →COM3.78%$10M70.0K
11SMSM ENERGY COhistory →COM3.02%$8M200.0K
12CRHCRH PLChistory →ORD2.92%$8M140.0K
13CBCHUBB LIMITEDhistory →COM2.78%$7M35.0K
14UALUNITED AIRLS HLDGS INChistory →COM2.42%$6M150.0K
15CARAVIS BUDGET GROUPhistory →COM2.13%$6M31.1K
16TOLTOLL BROTHERS INChistory →COM2.03%$5M72.0K
17GPKGRAPHIC PACKAGING HLDG COhistory →COM1.78%$5M210.0K
18CSTMCONSTELLIUM SEhistory →CL A SHS1.74%$5M250.0K
19MPCMARATHON PETE CORPhistory →COM1.15%$3M20.0K
20PRPERMIAN RESOURCES CORPhistory →CLASS A COM1.06%$3M200.0K
21KKRKKR & CO INCCOM0.94%$2M40.0K
22THCTENET HEALTHCARE CORPCOM NEW0.75%$2M30.0K
23NFLXNETFLIX INCCOM0.72%$2M5.0K
24NVDANVIDIA CORPORATIONCOM0.66%$2M4.0K
25MR COOPER GROUP INCCOM0.61%$2M30.0K

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 ↗.