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Cobalt Capital Management, Inc.

CIK:0001086762
Hedge Fund
$213M AUM
26 holdings
Short Hills, NJ, US
Founded:1999
15 employees
Latest filing:Jun 30, 2025

Cobalt Capital Management, Inc. is an institutional investment management firm headquartered in Short Hills, New Jersey. The firm is primarily known through its regular SEC filings but maintains a low public profile, with details on its founding year, employee count, and client base not published in public sources. Cobalt manages assets for institutional investors via U.S. securities portfolios.

Investment Strategy

Cobalt Capital Management focuses on publicly-traded U.S. equity securities and demonstrates an active management approach. The firm builds concentrated positions in select companies, as evidenced by a portfolio where five holdings represented over 60% of assets as of June 2025. The strategy appears to involve directional bets and tactical reallocations, frequently adding new positions and adjusting existing holdings based on market conditions and research insights. The manager does not provide detailed public commentary on its investment philosophy.

Top Buys
C
COFCAPITAL ONE FINL CORP
+$14.5M
W
WDCWESTERN DIGITAL CORP
+$10.2M
C
CCKCROWN HLDGS INC
+$8.2M
V
VSTVISTRA CORP
+$7.8M
V
VNOMVIPER ENERGY INC
+$7.6M
Top Sells
G
GLDSPDR GOLD TR
-$16.1M
H
HESHESS CORP
-$16.0M
D
DVNDEVON ENERGY CORP NEW
-$13.1M
T
TOLTOLL BROTHERS INC
-$11.8M
A
AERAERCAP HOLDINGS NV
-$8.2M

Top Holdings

A
ALAIR LEASE CORP
+17.4%$37.1M
C
COFCAPITAL ONE FINL CORP
+14.0%$29.8M
V
VSTVISTRA CORP
+12.7%$27.1M
G
GLDSPDR GOLD TR
+10.0%$21.3M
U
UALUNITED AIRLS HLDGS INC
+6.7%$14.3M

Equity Positions (26)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
A
AL
AIR LEASE CORP17.43%$37.1M635,000$38.39$58.49+$3.7M
C
COF
CAPITAL ONE FINL CORP13.98%$29.8M140,000$192.45$212.76+$14.5M
V
VST
VISTRA CORP12.73%$27.1M140,000$55.09$193.81+$7.8M
G
GLD
SPDR GOLD TR10.01%$21.3M70,000$150.12$304.83-$16.1M
U
UAL
UNITED AIRLS HLDGS INC6.73%$14.3M180,000$54.53$79.63+$4.0M

Industry Allocation

SERVICES-EQUIPMENT RENTAL & LEASING, NEC
+17.4%
NATIONAL COMMERCIAL BANKS
+14.0%
ELECTRIC SERVICES
+12.7%
COMMODITY CONTRACTS BROKERS & DEALERS
+10.0%
AIR TRANSPORTATION, SCHEDULED
+6.7%