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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.

Latest 13F Filing Activity

Cobalt Capital Management, Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 26 equity positions with a total 13F market value of $213M. The fund increased holdings in Capital One Finl Corp., Western Digital Corp., Crown HLDGS Inc. among other positions. Cobalt Capital Management, Inc. reduced exposure to SPDR Gold TR, Hess Corp., Devon Energy Corp. New among others.

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)
AIR LEASE CORP17.43%$37.1M635,000$38.39$58.49+$3.7M
CAPITAL ONE FINL CORP13.98%$29.8M140,000$192.45$212.76+$14.5M
VISTRA CORP12.73%$27.1M140,000$55.09$193.81+$7.8M
SPDR GOLD TR10.01%$21.3M70,000$150.12$304.83-$16.1M
UNITED AIRLS HLDGS INC6.73%$14.3M180,000$54.53$79.63+$4.0M

Industry Allocation

SERVICES-EQUIPMENT RENTAL & LEASING, NEC
+14.6%
COMMODITY CONTRACTS BROKERS & DEALERS
+13.1%
RAILROADS, LINE-HAUL OPERATING
+12.4%
HOSPITAL & MEDICAL SERVICE PLANS
+10.1%
CRUDE PETROLEUM & NATURAL GAS
+7.9%