Q4 2025 · 13F-HR
COBALT CAPITAL MANAGEMENT, INC.holdings as filed
Filed 2026-02-17 · accession 0000919574-26-001158
$225.9M
Reported value
28
Positions
2025-12-31
Period end
The Brief · COBALT CAPITAL MANAGEMENT, INC. · Q4 2025
AI · grounded in 13F
COBALT CAPITAL MANAGEMENT, INC. closed its position in COF, reducing exposure by $17.0M. The fund established new positions in EXE for $13.2M and ALK for $13.1M. Other notable activity includes closing positions in AR and WDC, while increasing its stake in APO by 77.78%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78463V107 | GLD | SPDR GOLD TR | $29.7M | 13.2% | 75,000 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP | $28.9M | 12.8% | 450,000 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $28.9M | 12.8% | 100,000 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $23.2M | 10.3% | 160,000 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $13.2M | 5.86% | 120,000 | Common | SOLE |
| 011659109 | ALK | ALASKA AIR GROUP INC | $13.1M | 5.79% | 260,000 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $10.5M | 4.66% | 41,000 | Common | SOLE |
| 09581B103 | OWL | BLUE OWL CAPITAL INC | $10.5M | 4.63% | 700,085 | Common | SOLE |
| 444859102 | HUM | HUMANA INC | $10.2M | 4.53% | 40,000 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $8.3M | 3.65% | 30,000 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $6.5M | 2.88% | 40,000 | Common | SOLE |
| 464287184 | FXI | ISHARES TR | $5.7M | 2.54% | 150,000 | Common | SOLE |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $5.6M | 2.47% | 50,000 | Common | SOLE |
| 889478103 | TOL | TOLL BROTHERS INC | $5.4M | 2.39% | 40,000 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $4.8M | 2.14% | 30,000 | Common | SOLE |
| 881624209 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $3.7M | 1.63% | 118,201 | Common | SOLE |
| 92552V100 | VSAT | VIASAT INC | $3.4M | 1.53% | 100,000 | Common | SOLE |
| 42806J700 | HTZ | HERTZ GLOBAL HLDGS INC | $3.2M | 1.42% | 624,900 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $2.3M | 1.04% | 260,000 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $2.3M | 1.03% | 20,000 | Common | SOLE |
| 60855R100 | MOH | MOLINA HEALTHCARE INC | $1.7M | 0.77% | 10,000 | Common | SOLE |
| G3265R107 | APTV | APTIV PLC | $1.5M | 0.67% | 20,000 | Common | SOLE |
| 228368106 | CCK | CROWN HLDGS INC | $1.0M | 0.46% | 10,000 | Common | SOLE |
| 69121K104 | OBDC | BLUE OWL CAPITAL CORPORATION | $748,187 | 0.33% | 60,192 | Common | SOLE |
| 112463104 | BKD | BROOKDALE SR LIVING INC | $431,600 | 0.19% | 40,000 | Common | SOLE |
| 00165C302 | AMC | AMC ENTMT HLDGS INC | $390,000 | 0.17% | 250,000 | Common | SOLE |
| 741623102 | PRMB | PRIMO BRANDS CORPORATION | $327,000 | 0.14% | 20,000 | Common | SOLE |
| 485859201 | KPLT | KATAPULT HOLDINGS INC | $154,136 | 0.07% | 23,860 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.