Corsair Capital Management, L.P.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 21, 2026), Corsair Capital Management, L.P. reported 120 stock positions worth $388.4 million. Its top holding was Mirion Technologies (MIR) at 11.5% of the portfolio, followed by Vertiv Class A (VRT, 11.4%) and Laureate Education (LAUR, 10.1%). Compared with Q4 2024, it opened 23 new positions, sold out of 22, added to 8 and reduced 46. The biggest buy was a new position in Gpgi (GPGI) and the biggest sale an exit from Willscot (WSC).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001276470
Portfolio Value
$388.4M (Q1 2025)
SEC Filing
0001013594-26-000473 ↗ filed Apr 21, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $356.2M Q1 2024 Q2 2024: $596.8M Q2 2024 Q3 2024: $422.4M Q3 2024 Q4 2024: $464.6M Q4 2024 Q1 2025: $388.4M $388.4M Q1 2025 Q2 2025: $521.9M Q2 2025 Q3 2025: $563.6M Q3 2025 Q4 2025: $604.5M Q4 2025 Q1 2026: $673.0M Q1 2026 Q2 2026: $794.5M Q2 2026

Holdings 120 stocks · $388.4M
MIR Mirion Technologies Inc. 11.47% 3,072,003 $44.5M Reduce -3.1%
VRT Vertiv Holdings Co. Class A 11.38% 612,226 $44.2M Reduce -0.8%
LAUR Laureate Education Inc. 10.09% 1,916,104 $39.2M Reduce -1.7%
GDDY GoDaddy Inc. Class A 8.57% 184,703 $33.3M Reduce -3.8%
LMB Limbach Holdings Inc. 5.99% 312,460 $23.3M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 5.55% 38,503 $21.5M No change
GPGI Gpgi Inc. filed as COMPOSECURE INC 5.12% 1,830,781 $19.9M New
APG Api Group Corp. 4.64% 503,822 $18.0M Reduce -0.2%
AON Aon PLC Class A 4.16% 40,452 $16.1M Reduce -0.3%
SPXC SPX Technologies Inc. 3.56% 107,274 $13.8M Reduce -3.4%
QQQ Invesco QQQ Trust Series 1 3.10% 25,685 $12.0M Add +4.0%
BRK.B Berkshire Hathaway Inc. Class B 2.82% 20,548 $10.9M No change
MSFT Microsoft Corp. 2.27% 23,492 $8.8M Reduce -0.3%
GOOG Alphabet Inc. Class C 1.57% 39,509 $6.1M Reduce -0.3%
RHLD Resolute Holdings Manag 1.24% 153,505 $4.8M New
IWO iShares Russell 2000 Growth 1.12% 16,968 $4.3M No change
SPGI S&P Global Inc. 1.09% 8,344 $4.2M Reduce -56.0%
CHDN Churchill Downs Inc. 0.91% 31,967 $3.6M Reduce -59.7%
VOYA Voya Financial Inc. 0.72% 41,481 $2.8M Reduce -45.3%
CNVS Cineverse Corp. 0.70% 858,411 $2.7M Reduce -6.2%
APO Apollo Global Management Inc. 0.59% 16,830 $2.3M No change
OWLT Owlet Inc. 0.55% 577,429 $2.1M Reduce -0.2%
AAPL Apple Inc. 0.51% 8,986 $2.0M No change
IWP iShares Russell Mid-Cap Grow 0.48% 16,000 $1.9M New
ALIT Alight Inc. Class A 0.40% 262,759 $1.6M Reduce -69.6%
TPB Turning Point Brands Inc. 0.37% 24,497 $1.5M Reduce -17.4%
BGC BGC Group Inc. Class A 0.33% 137,724 $1.3M Reduce -0.6%
IQV Iqvia Holdings Inc. 0.32% 7,105 $1.3M Reduce -67.3%
GLD SPDR Gold Shares 0.27% 3,641 $1.0M No change
AIOT Powerfleet Inc. 0.26% 183,793 $1.0M Reduce -0.6%
PRTH Priority Technology Holdings 0.25% 143,418 $977K Add +15.4%
PSIX Power Solutions Internationa 0.24% 36,767 $929K Add +129.8%
NLOP Net Lease Office Property 0.24% 29,314 $920K Reduce -0.6%
MS Morgan Stanley 0.23% 7,814 $912K No change
KKR KKR & Co. Inc. 0.23% 7,832 $905K No change
DFS Discover Financial Services 0.21% 4,889 $835K No change
AER Aercap Holdings NV 0.21% 7,950 $812K Add +6.0%
PPLI People Inc. filed as IAC INC 0.20% 17,323 $796K New
GTX Garrett Motion Inc. 0.20% 92,521 $774K Reduce -0.6%
AM Antero Midstream Corp. 0.19% 42,000 $756K No change
MODULAR MED INC 0.19% 672,029 $733K Reduce -5.9%
PBI Pitney Bowes Inc. 0.19% 80,476 $728K Reduce -19.8%
ACOG Alpha Cognition Inc. 0.18% 140,898 $713K Reduce -15.9%
NBIS Nebius Group NV 0.18% 33,509 $707K Reduce -23.0%
NPK National Presto Inds Inc. 0.18% 8,021 $705K No change
NN Nextnav Inc. 0.18% 57,777 $703K Reduce -9.4%
CNX CNX Resources Corp. 0.18% 21,927 $690K No change
IREN Iren Ltd. filed as IREN LIMITED 0.18% 112,604 $686K Reduce -26.2%
JAKK Jakks Pacific Inc. 0.17% 27,526 $679K Add +10.0%
BELFB Bel Fuse Inc. Class B 0.17% 8,932 $669K Reduce -18.3%
IJK iShares S&P Mid-Cap 400 Grow 0.17% 7,833 $652K No change
RTX RTX Corp. 0.17% 4,898 $649K No change
TLN Talen Energy Corp. 0.17% 3,240 $647K Reduce -35.7%
MDY State Street SPDR S&P Midcap 0.16% 1,196 $638K No change
ELMD Electromed Inc. 0.16% 25,569 $610K No change
ARES ACQUISITION CORP II 0.15% 51,503 $574K No change
JOE The St Joe Co. 0.15% 12,000 $563K Add +20.0%
FOUR SHIFT4 Payments Inc. Class A 0.14% 6,559 $536K Add +18.0%
EEFT Euronet Worldwide Inc. 0.14% 5,000 $534K New
OPY Oppenheimer Holdings Class A 0.14% 8,943 $533K No change
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC 0.14% 14,932 $527K No change
MHO M/I Homes Inc. 0.14% 4,597 $525K No change
METCB Ramaco Resources Inc. Class B 0.13% 73,495 $523K No change
BNED Barnes & Noble Education Inc. 0.13% 49,000 $515K Reduce -51.0%
NMM Navios Maritime Partners LP 0.13% 12,959 $508K No change
ILPT Industrial Logistics Propert 0.12% 140,251 $482K Reduce -12.5%
GLRE Greenlight Capital Re Ltd. Class A 0.12% 35,602 $482K No change
FPH Five Point Holdings LLC Class A 0.12% 90,021 $481K New
TK Teekay Corp. Ltd. 0.12% 72,738 $478K New
FONR Fonar Corp. 0.12% 32,972 $462K No change
NATH Nathan's Famous Inc. 0.12% 4,748 $458K Reduce -9.5%
MSGS Madison Square Garden Sports 0.12% 2,321 $452K No change
CBL INTL LTD 0.12% 17,000 $452K New
RAVE Rave Restaurant Group Inc. 0.12% 163,555 $450K No change
DFIN Donnelley Financial Solution 0.11% 9,655 $422K No change
CRH CRH PLC 0.11% 4,785 $421K Reduce -17.3%
CHCI Comstock Holding Companies 0.11% 48,046 $414K No change
DAC Danaos Corp. 0.10% 5,000 $390K New
SNCR Synchronoss Technologies Inc. 0.10% 35,751 $389K No change
TECK Teck Resources Ltd.-CLS B 0.10% 10,492 $382K No change
IP International Paper Co. 0.10% 14,521 $382K No change
CNNE Cannae Holdings Inc. 0.09% 20,000 $367K New
SMC Summit Midstream Corp. 0.09% 10,692 $362K No change
GFF Griffon Corp. 0.09% 5,057 $362K No change
MFIN Medallion Financial Corp. 0.09% 41,196 $359K Reduce -3.4%
LWAY Lifeway Foods Inc. 0.09% 14,143 $346K Add +16.5%
GNW Genworth Financial Inc. 0.09% 47,919 $340K No change
KMI Kinder Morgan Inc. 0.09% 11,820 $337K No change
XLE SS Energy Select Sector 0.08% 3,337 $312K Reduce -49.7%
ICAD Icad Inc. 0.08% 151,034 $311K No change
NVGS Navigator Holdings Ltd. 0.07% 20,000 $266K No change
EXE Expand Energy Corp. 0.07% 2,362 $263K No change
SOC Sable Offshore Corp. 0.07% 10,000 $254K Reduce -75.0%
CORZ Core Scientific Inc. 0.07% 34,858 $252K Reduce -13.6%
LUMENT FINANCE TRUST INC 0.06% 89,631 $234K No change
MTCH Match Group Inc. 0.05% 6,376 $199K No change
BLDR Builders Firstsource Inc. 0.05% 1,552 $194K No change
LAKE Lakeland Industries Inc. 0.05% 9,198 $187K No change
RNXT Renovorx Inc. 0.05% 187,700 $186K New
NXST Nexstar Media Group Inc. 0.05% 1,000 $179K New

Show all 120 holdings

Options reported separately and not counted above: VRT calls ($5.4M), GPGI calls ($1.6M).

Portfolio Sells Q4 2024 → Q1 2025
WSC Willscot Holdings Corp. Sold out 0.00% −4.03
VRT Vertiv Holdings Co. Class A Reduce -0.8% 11.38% −3.71
CHDN Churchill Downs Inc. Reduce -59.7% 0.91% −1.36
SPGI S&P Global Inc. Reduce -56.0% 1.09% −0.94
ALIT Alight Inc. Class A Reduce -69.6% 0.40% −0.88
JBI Janus International Group Inc. Sold out 0.00% −0.72
IAC INC Sold out 0.00% −0.62
IQV Iqvia Holdings Inc. Reduce -67.3% 0.32% −0.60
MIR Mirion Technologies Inc. Reduce -3.1% 11.47% −0.44
FTAI Ftai Aviation Ltd. Sold out 0.00% −0.41
VOYA Voya Financial Inc. Reduce -45.3% 0.72% −0.40
IREN Iren Ltd. Reduce -26.2% 0.18% −0.15
SOC Sable Offshore Corp. Reduce -75.0% 0.07% −0.13
APP AppLovin Corp. Class A Sold out 0.00% −0.12
BN Brookfield Corp. Reduce -3.1% 0.01% −0.11
TEEKAY CORPORATION Sold out 0.00% −0.11
PDD PDD Holdings Inc. Sold out 0.00% −0.10
HTCR Heartcore Enterprises Inc. Reduce -88.9% 0.01% −0.10
LBRT Liberty Energy Inc. Sold out 0.00% −0.09
CEG Constellation Energy Sold out 0.00% −0.08
BNED Barnes & Noble Education Inc. Reduce -51.0% 0.13% −0.08
ROOT Root Inc./Oh Class A Sold out 0.00% −0.08
NBIS Nebius Group NV Reduce -23.0% 0.18% −0.08
RMR RMR Group Inc./the - A Sold out 0.00% −0.07
DHC Diversified Healthcare Trust Sold out 0.00% −0.06
CORZ Core Scientific Inc. Reduce -13.6% 0.07% −0.06
ECOR Electrocore Inc. Reduce -38.3% 0.02% −0.06
TLN Talen Energy Corp. Reduce -35.7% 0.17% −0.05
VAL Valaris Ltd. Reduce -63.1% 0.03% −0.05
XLE SS Energy Select Sector Reduce -49.7% 0.08% −0.04
GOOG Alphabet Inc. Class C Reduce -0.3% 1.57% −0.04
GPRE Green Plains Inc. Sold out 0.00% −0.04
ALTO Alto Ingredients Inc. Reduce -78.5% 0.01% −0.04
NN Nextnav Inc. Reduce -9.4% 0.18% −0.03
SURG Surgepays Inc. Sold out 0.00% −0.03
ACOG Alpha Cognition Inc. Reduce -15.9% 0.18% −0.03
MODULAR MED INC Reduce -5.9% 0.19% −0.02
BELFB Bel Fuse Inc. Class B Reduce -18.3% 0.17% −0.02
CNVS Cineverse Corp. Reduce -6.2% 0.70% −0.02
CLPR Clipper Realty Inc. Sold out 0.00% −0.02
RMTI Rockwell Medical Inc. Reduce -26.7% 0.02% −0.02
MOBILICOM LTD Sold out 0.00% −0.02
VERB TECHNOLOGY CO INC Sold out 0.00% −0.02
NXH Neighborhood Intelligence Inc. Sold out 0.00% −0.01
TPB Turning Point Brands Inc. Reduce -17.4% 0.37% −0.01
OWLT Owlet Inc. Reduce -0.2% 0.55% −0.01
CRH CRH PLC Reduce -17.3% 0.11% −0.01
AWRE Aware Inc. Reduce -16.0% 0.03% −0.01
XELB Xcel Brands Inc. Reduce -90.0% 0.01% −0.01
AIOT Powerfleet Inc. Reduce -0.6% 0.26% −0.01

Portfolio Buys Q4 2024 → Q1 2025
GPGI Gpgi Inc. New 5.12% +5.12
RHLD Resolute Holdings Manag New 1.24% +1.24
IWP iShares Russell Mid-Cap Grow New 0.48% +0.48
QQQ Invesco QQQ Trust Series 1 Add +4.0% 3.10% +0.38
PPLI People Inc. New 0.20% +0.20
EEFT Euronet Worldwide Inc. New 0.14% +0.14
PSIX Power Solutions Internationa Add +129.8% 0.24% +0.14
FPH Five Point Holdings LLC Class A New 0.12% +0.12
TK Teekay Corp. Ltd. New 0.12% +0.12
CBL INTL LTD New 0.12% +0.12
DAC Danaos Corp. New 0.10% +0.10
CNNE Cannae Holdings Inc. New 0.09% +0.09
AER Aercap Holdings NV Add +6.0% 0.21% +0.05
JOE The St Joe Co. Add +20.0% 0.15% +0.05
RNXT Renovorx Inc. New 0.05% +0.05
NXST Nexstar Media Group Inc. New 0.05% +0.05
GTN Gray Media Inc. New 0.05% +0.05
SDRL Seadrill Limited New 0.05% +0.05
SBGI Sinclair Inc. New 0.04% +0.04
ONIT Onity Group Inc. New 0.04% +0.04
AZ A2Z CUST2MATE Solutions Corp. New 0.04% +0.04
AHRT Ah Realty Trust Inc. New 0.04% +0.04
LQDA Liquidia Corp. New 0.04% +0.04
LWAY Lifeway Foods Inc. Add +16.5% 0.09% +0.02
JAKK Jakks Pacific Inc. Add +10.0% 0.17% +0.02
EVC Entravision Communications-A New 0.01% +0.01
FOUR SHIFT4 Payments Inc. Class A Add +18.0% 0.14% +0.01
TRANSCODE THERAPEUTICS INC New 0.01% +0.01
ALLR Allarity Therapeutics Inc. New 0.00% +0.00
GNPX Genprex Inc. New 0.00% +0.00
PRTH Priority Technology Holdings Add +15.4% 0.25% −0.06

Options Activity Q4 2024 → Q1 2025
VRT Vertiv Holdings Co. Class A call New 75,000 $5.4M
GPGI Gpgi Inc. call New 150,000 $1.6M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 164$794.5MVRT, GPGI, LAUR, FLEX, RHLD
Q1 2026 151$673.0MGPGI, VRT, LAUR, RHLD, APG
Q4 2025 149$604.5MVRT, GPGI, LAUR, RHLD, APG
Q3 2025Amended 164$563.6MVRT, GPGI, LAUR, LMB, APG
Q2 2025Amended 150$521.9MVRT, MIR, LAUR, LMB, GPGI
Q1 2025Amended 120$388.4MMIR, VRT, LAUR, GDDY, LMB
Q4 2024 119$464.6MVRT, MIR, GDDY, LAUR, LMB
Q3 2024 118$422.4MVRT, MIR, LAUR, GDDY, LMB
Q2 2024 102$596.8MSPXC, SGRP, VRT, SPY, LAUR
Q1 2024 99$356.2MVRT, LAUR, WSC, GDDY, APG