13F Insight
DOSSIER · 13F-HR · Q2 2026

CORSAIR CAPITAL MANAGEMENT, L.P.

$800M in tracked AUM across 165 positions as of Q2 2026.

CC
CIK 0001276470 · last filed Jun 30, 2026
Total AUM
$800M
as of Q2 2026
Holdings
165
—
positions
Whale Score
67
67
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Based on the SEC 13F filing for Corsair Capital Management, L.P. for the period ending September 30, 2025, here is a comprehensive analysis of the portfolio's composition, activity, and strategic orientation.

1. Portfolio Overview

Corsair Capital Management manages a concentrated portfolio valued at approximately $432.29 million, spread across 108 holdings. The firm reported a significant decrease in total portfolio value of 17.2% compared to the previous quarter ($522.08M), a decline driv...

The portfolio exhibits a "barbell" strategy characterized by high conviction in a select number of names while maintaining a long tail of smaller positions. The top 10 holdings account for nearly 80% of the total portfolio value, indicating a strong preference for high-conviction ideas rather than broad diversification. The management team was highly active this quarter, executing a substantial turnover with 21 new positions and 21 complete exits, signaling a shift in focus rather than simple portfolio rebalancing.

2. Key Holdings

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
VRT
VERTIV HOLDINGS CO
$192M573K24.0%02
CMPO
GPGI INC
$135M8.5M16.9%03
Y2573F102
FLEX LTD
$49M301K6.1%04
LAUR
LAUREATE ED INC
$46M1.3M5.8%05
RHLD
RESOLUTE HLDGS MGMT INC
$39M270K4.9%06
SPY
STATE STR SPDR S&P 500 ETF T
$28M38K3.6%07
APG
API GROUP CORP
$28M666K3.5%08
SPXC
SPX TECHNOLOGIES INC
$26M107K3.3%09
LMB
LIMBACH HLDGS INC
$22M288K2.8%10
MIR
MIRION TECHNOLOGIES INC
$16M868K1.9%

Filing history

2026Q2Jun 30
$800M▲ 18.9%
165 positionsView →2026Q1Mar 31
$673M▲ 4.5%
151 positionsView →2025Q4Dec 31
$644M▲ 6.4%
152 positionsView →2025Q3Sep 30
$605M▲ 13.3%
167 positionsView →2025Q2Jun 30
$534M▲ 35.1%
153 positionsLocked2025Q1Mar 31
$395M▼ 14.9%
122 positionsLocked2024Q4Dec 31
$465M▲ 10.0%
119 positionsLocked2024Q3Sep 30
$422M▼ 31.5%
118 positionsLocked2024Q2Jun 30
$617M▲ 73.1%
102 positionsLocked2024Q1Mar 31
$356M▲ 14.5%
99 positionsLocked2023Q4Dec 31
$311M▲ 6.8%
80 positionsLocked2023Q3Sep 30
$291M▼ 0.8%
98 positionsLocked
Showing 12 of 87