COBALT CAPITAL MANAGEMENT, INC.

CIK

1086762

Location

SHORT HILLS, NJ

Portfolio Value

Small $178,597,289

Diversification

Diversified

Filing Date

Global Rank

#4,123 / 8,232 ▼ 251

Top Industry

Railroads 21.0%

3Y Alpha vs SPY

+13.9%

Period ended 2 months ago

Filed May 15, 2026 · 30d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+144.2%

SPY

+76.3%

Annualised alpha

+13.9%

Max drawdown

−25.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

18.5%

+5.0 pts

Top 5

58.1%

+1.9 pts

Top 10

80.8%

+0.6 pts

HHI

902

Diversified+75

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	46.8%	$83,605,230	6
Healthcare	13.2%	$23,537,728	5
Energy	12.5%	$22,359,344	4
Unclassified	12.0%	$21,514,500	1
Financial Services	6.3%	$11,243,700	3
Technology	6.2%	$11,005,400	2
Consumer Cyclical	2.9%	$5,164,787	2
Communication Services	0.1%	$166,600	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
BKD	Brookdale Senior Living Inc.	+310,000	350,000	$4,788,000
OBDC	Blue Owl Capital Corp	+209,808	270,000	$2,986,200
UAL	United Airlines Holdings, Inc.	+35,000	85,000	$7,825,950
NSC	Norfolk Southern Corp	+15,000	115,000	$33,005,000
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
AL	SUMISHO AIR LEASE CORP	−150,500	299,500	$19,449,530
SOC	Sable Offshore Corp.	−150,000	110,000	$1,817,200
HTZ	Hertz Global Holdings, Inc	−104,900	520,000	$2,397,200
TEVA	Teva Pharmaceutical Industries Ltd	−93,201	25,000	$753,000
VSAT	Viasat Inc	−81,000	19,000	$870,200
AMC	Amc Entertainment Holdings, Inc.	−80,000	170,000	$166,600
EXE	EXPAND ENERGY Corp	−30,200	89,800	$9,858,244
GLD	Spdr Gold Trust	−25,000	50,000	$21,514,500
CI	Cigna Group	−5,000	25,000	$6,668,750
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
HON	Honeywell International Inc	85,000	$19,212,550
LH	Labcorp Holdings Inc.	40,000	$10,672,400
MU	Micron Technology Inc	30,000	$10,135,200
FANG	Diamondback Energy, Inc.	30,000	$5,933,700
KKR	KKR & Co. Inc.	60,000	$5,550,000
DHT	DHT Holdings, Inc.	260,000	$4,750,200
LAD	Lithia Motors Inc	14,332	$3,578,987
RKT	Rocket Companies, Inc.	190,000	$2,707,500
FTAI	FTAI Aviation Ltd.	7,000	$1,715,000
CZR	Caesars Entertainment, Inc.	60,000	$1,585,800
SNDA	Sonida Senior Living, Inc.	20,328	$655,578
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
APO	Apollo Global Management, Inc.	160,000	$23,161,600
ALK	Alaska Air Group, Inc.	260,000	$13,078,000
AMAT	Applied Materials Inc /De	41,000	$10,536,590
OWL	Blue Owl Capital Inc.	700,085	$10,459,269
HUM	Humana Inc	40,000	$10,245,200
MPC	Marathon Petroleum Corp	40,000	$6,505,200
TOL	Toll Brothers, Inc.	40,000	$5,408,800
VST	Vistra Corp.	30,000	$4,839,900
C	Citigroup Inc	20,000	$2,333,800
MOH	Molina Healthcare, Inc.	10,000	$1,735,400
APTV	Aptiv PLC	20,000	$1,521,800
CCK	Crown Holdings, Inc.	10,000	$1,029,700
PRMB	Primo Brands Corp	20,000	$327,000
KPLT	Katapult Holdings, Inc.	23,860	$154,135
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $178,597,289 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NSC	Norfolk Southern Corp Industrials	Added	115,000	+15,000	$33,005,000	+14.3%	18.48%
GLD	Spdr Gold Trust	Reduced	50,000	-25,000	$21,514,500	−27.6%	12.05%
AL	SUMISHO AIR LEASE CORP Industrials	Reduced	299,500	-150,500	$19,449,530	−32.7%	10.89%
HON	Honeywell International Inc Industrials	NEW	85,000	NEW	$19,212,550	NEW	10.76%
LH	Labcorp Holdings Inc. Healthcare	NEW	40,000	NEW	$10,672,400	NEW	5.98%
MU	Micron Technology Inc Technology	NEW	30,000	NEW	$10,135,200	NEW	5.67%
EXE	EXPAND ENERGY Corp Energy	Reduced	89,800	-30,200	$9,858,244	−25.6%	5.52%
UAL	United Airlines Holdings, Inc. Industrials	Added	85,000	+35,000	$7,825,950	+40.0%	4.38%
CI	Cigna Group Healthcare	Reduced	25,000	-5,000	$6,668,750	−19.2%	3.73%
FANG	Diamondback Energy, Inc. Energy	NEW	30,000	NEW	$5,933,700	NEW	3.32%
KKR	KKR & Co. Inc. Financial Services	NEW	60,000	NEW	$5,550,000	NEW	3.11%
BKD	Brookdale Senior Living Inc. Healthcare	Added	350,000	+310,000	$4,788,000	+1009.4%	2.68%
DHT	DHT Holdings, Inc. Energy	NEW	260,000	NEW	$4,750,200	NEW	2.66%
LAD	Lithia Motors Inc Consumer Cyclical	NEW	14,332	NEW	$3,578,987	NEW	2.00%
OBDC	Blue Owl Capital Corp Financial Services	Added	270,000	+209,808	$2,986,200	+299.1%	1.67%
RKT	Rocket Companies, Inc. Financial Services	NEW	190,000	NEW	$2,707,500	NEW	1.52%
HTZ	Hertz Global Holdings, Inc Industrials	Reduced	520,000	-104,900	$2,397,200	−25.4%	1.34%
SOC	Sable Offshore Corp. Energy	Reduced	110,000	-150,000	$1,817,200	−22.5%	1.02%
FTAI	FTAI Aviation Ltd. Industrials	NEW	7,000	NEW	$1,715,000	NEW	0.96%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	NEW	60,000	NEW	$1,585,800	NEW	0.89%
VSAT	Viasat Inc Technology	Reduced	19,000	-81,000	$870,200	−74.7%	0.49%
TEVA	Teva Pharmaceutical Industries Ltd Healthcare	Reduced	25,000	-93,201	$753,000	−79.6%	0.42%
SNDA	Sonida Senior Living, Inc. Healthcare	NEW	20,328	NEW	$655,578	NEW	0.37%
AMC	Amc Entertainment Holdings, Inc. Communication Services	Reduced	170,000	-80,000	$166,600	−57.3%	0.09%