Corsair Capital Management, L.P.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed April 21, 2026), Corsair Capital Management, L.P. reported 150 stock positions worth $521.9 million. Its top holding was Vertiv Class A (VRT) at 15.1% of the portfolio, followed by Mirion Technologies (MIR, 12.5%) and Laureate Education (LAUR, 8.6%). Compared with Q1 2025, it opened 51 new positions, sold out of 21, added to 20 and reduced 26. The biggest buy was Gpgi (GPGI, shares +57%) and the biggest sale GoDaddy Class A (GDDY, shares −0%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001276470
Portfolio Value
$521.9M (Q2 2025)
SEC Filing
0001013594-26-000474 ↗ 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 Q1 2025 Q2 2025: $521.9M $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 150 stocks · $521.9M
VRT Vertiv Holdings Co. Class A 15.05% 611,781 $78.6M Reduce -0.1%
MIR Mirion Technologies Inc. 12.48% 3,025,412 $65.1M Reduce -1.5%
LAUR Laureate Education Inc. 8.58% 1,914,219 $44.8M Reduce -0.1%
LMB Limbach Holdings Inc. 8.38% 312,338 $43.8M Reduce -0.0%
GPGI Gpgi Inc. filed as COMPOSECURE INC 7.75% 2,868,851 $40.4M Add +56.7%
GDDY GoDaddy Inc. Class A 6.37% 184,562 $33.2M Reduce -0.1%
APG Api Group Corp. 4.92% 503,056 $25.7M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 4.56% 38,503 $23.8M No change
SPXC SPX Technologies Inc. 3.44% 107,123 $18.0M Reduce -0.1%
AON Aon PLC Class A 2.76% 40,368 $14.4M Reduce -0.2%
MSFT Microsoft Corp. 2.23% 23,442 $11.7M Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B 1.91% 20,548 $10.0M No change
QQQ Invesco QQQ Trust Series 1 1.41% 13,342 $7.4M Reduce -48.1%
GOOG Alphabet Inc. Class C 1.33% 39,437 $6.9M Reduce -0.2%
RHLD Resolute Holdings Manag 0.94% 153,505 $4.9M No change
SPGI S&P Global Inc. 0.84% 8,308 $4.4M Reduce -0.4%
CNVS Cineverse Corp. 0.78% 856,103 $4.1M Reduce -0.3%
OWLT Owlet Inc. 0.71% 438,349 $3.7M Reduce -24.1%
CHDN Churchill Downs Inc. 0.62% 31,827 $3.2M Reduce -0.4%
VOYA Voya Financial Inc. 0.56% 41,481 $2.9M No change
IWP iShares Russell Mid-Cap Grow 0.48% 18,000 $2.5M Add +12.5%
IWO iShares Russell 2000 Growth 0.46% 8,484 $2.4M Reduce -50.0%
APO Apollo Global Management Inc. 0.46% 16,830 $2.4M No change
NBIS Nebius Group NV 0.41% 38,509 $2.1M Add +14.9%
IREN Iren Ltd. filed as IREN LIMITED 0.36% 127,604 $1.9M Add +13.3%
TPB Turning Point Brands Inc. 0.36% 24,497 $1.9M No change
AAPL Apple Inc. 0.35% 8,986 $1.8M No change
PSIX Power Solutions Internationa 0.32% 25,635 $1.7M Reduce -30.3%
BGC BGC Group Inc. Class A 0.27% 137,724 $1.4M No change
ACOG Alpha Cognition Inc. 0.24% 134,898 $1.3M Reduce -4.3%
MU Micron Technology Inc. 0.24% 10,000 $1.2M New
DAC Danaos Corp. 0.23% 14,000 $1.2M Add +180.0%
PBI Pitney Bowes Inc. 0.23% 110,476 $1.2M Add +37.3%
GLD SPDR Gold Shares 0.21% 3,641 $1.1M No change
MS Morgan Stanley 0.21% 7,814 $1.1M No change
COF Capital One Financial Corp. 0.20% 4,981 $1.1M New
KKR KKR & Co. Inc. 0.20% 7,832 $1.0M No change
PRTH Priority Technology Holdings 0.20% 133,418 $1.0M Reduce -7.0%
NN Nextnav Inc. 0.20% 67,777 $1.0M Add +17.3%
AMZN Amazon.com Inc. 0.19% 4,500 $987K New
GTX Garrett Motion Inc. 0.19% 92,521 $972K No change
NLOP Net Lease Office Property 0.18% 29,314 $954K No change
TLN Talen Energy Corp. 0.18% 3,240 $942K No change
CLS Celestica Inc. 0.18% 6,000 $937K New
CORZ Core Scientific Inc. 0.18% 54,858 $936K Add +57.4%
AER Aercap Holdings NV 0.18% 7,950 $930K No change
BELFB Bel Fuse Inc. Class B 0.17% 8,932 $873K No change
WLFC Willis Lease Finance Corp. 0.16% 6,000 $857K New
AM Antero Midstream Corp. 0.15% 42,000 $796K No change
NVDA Nvidia Corp. 0.15% 5,000 $790K New
NPK National Presto Inds Inc. 0.15% 8,021 $786K No change
CNX CNX Resources Corp. 0.14% 21,927 $739K No change
RTX RTX Corp. 0.14% 4,898 $715K No change
IJK iShares S&P Mid-Cap 400 Grow 0.14% 7,833 $713K No change
VPG Vishay Precision Group 0.13% 25,000 $703K New
TSLA Tesla Inc. 0.13% 2,137 $679K New
FOUR SHIFT4 Payments Inc. Class A 0.12% 6,559 $650K No change
GSRT GSR III Acquisition Corp. 0.12% 60,212 $650K New
IQV Iqvia Holdings Inc. 0.12% 4,105 $647K Reduce -42.2%
PPLI People Inc. filed as IAC INC 0.12% 17,323 $647K No change
ILPT Industrial Logistics Propert 0.12% 140,251 $638K No change
GBFH Gbank Financial Holdings Inc. 0.12% 17,534 $621K New
BN Brookfield Corp. 0.12% 10,000 $619K Add +3.2%
TK Teekay Corp. Ltd. 0.12% 72,738 $600K No change
DFIN Donnelley Financial Solution 0.11% 9,655 $595K No change
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC 0.11% 14,932 $589K No change
OPY Oppenheimer Holdings Class A 0.11% 8,943 $588K No change
METCB Ramaco Resources Inc. Class B 0.11% 71,495 $585K Reduce -2.7%
BNED Barnes & Noble Education Inc. 0.11% 49,000 $577K No change
JOE The St Joe Co. 0.11% 12,000 $572K No change
JAKK Jakks Pacific Inc. 0.11% 27,526 $572K No change
ELMD Electromed Inc. 0.11% 25,569 $562K No change
HOOD Robinhood Markets Inc. Class A 0.11% 6,000 $562K New
FPH Five Point Holdings LLC Class A 0.11% 100,021 $550K Add +11.1%
ONIT Onity Group Inc. 0.10% 14,000 $534K Add +180.0%
NATH Nathan's Famous Inc. 0.10% 4,748 $525K No change
BTI British American Tob-SP ADR 0.10% 11,000 $521K New
CHCI Comstock Holding Companies 0.10% 51,131 $516K Add +6.4%
MHO M/I Homes Inc. 0.10% 4,597 $515K No change
GLRE Greenlight Capital Re Ltd. Class A 0.10% 35,602 $512K No change
FEIM Frequency Electronics Inc. 0.10% 22,500 $511K New
EEFT Euronet Worldwide Inc. 0.10% 5,000 $507K No change
GLNG Golar LNG Ltd. 0.09% 12,000 $494K New
NMM Navios Maritime Partners LP 0.09% 12,959 $488K No change
MSGS Madison Square Garden Sports 0.09% 2,321 $485K No change
HNRG Hallador Energy Co. 0.09% 30,000 $475K New
MRVL Marvell Technology Inc. 0.09% 6,000 $464K New
TGEN Tecogen Inc./Waltham Ma 0.09% 67,760 $461K New
RAVE Rave Restaurant Group Inc. 0.09% 163,555 $450K No change
MFIN Medallion Financial Corp. 0.09% 47,096 $449K Add +14.3%
CRH CRH PLC 0.08% 4,785 $439K No change
CBL INTL LTD 0.08% 16,976 $431K Reduce -0.1%
MODULAR MED INC 0.08% 574,148 $428K Reduce -14.6%
TECK Teck Resources Ltd.-CLS B 0.08% 10,492 $424K No change
CNNE Cannae Holdings Inc. 0.08% 20,000 $417K No change
GNW Genworth Financial Inc. 0.07% 47,919 $373K No change
GFF Griffon Corp. 0.07% 5,057 $366K No change
LWAY Lifeway Foods Inc. 0.07% 14,428 $356K Add +2.0%
AMD Advanced Micro Devices 0.07% 2,500 $355K New
TIPT Tiptree Inc. 0.07% 15,000 $354K New

Show all 150 holdings

Options reported separately and not counted above: VRT calls ($9.6M), GPGI calls ($2.7M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $68K (not counted above)
SecurityClassShares / PrincipalValueChange
GSRTR GSR III Acquisition Corp. RIGHT 99/99/9999 10,000$68KNew

Total filed on the 13F, all lines: $522.0M.

Portfolio Sells Q1 2025 → Q2 2025
GDDY GoDaddy Inc. Class A Reduce -0.1% 6.37% −2.20
QQQ Invesco QQQ Trust Series 1 Reduce -48.1% 1.41% −1.69
LAUR Laureate Education Inc. Reduce -0.1% 8.58% −1.51
AON Aon PLC Class A Reduce -0.2% 2.76% −1.40
IWO iShares Russell 2000 Growth Reduce -50.0% 0.46% −0.65
ALIT Alight Inc. Class A Sold out 0.00% −0.40
CHDN Churchill Downs Inc. Reduce -0.4% 0.62% −0.30
AIOT Powerfleet Inc. Sold out 0.00% −0.26
SPGI S&P Global Inc. Reduce -0.4% 0.84% −0.25
GOOG Alphabet Inc. Class C Reduce -0.2% 1.33% −0.24
DFS Discover Financial Services Sold out 0.00% −0.21
IQV Iqvia Holdings Inc. Reduce -42.2% 0.12% −0.20
ARES ACQUISITION CORP II Sold out 0.00% −0.15
FONR Fonar Corp. Sold out 0.00% −0.12
SPXC SPX Technologies Inc. Reduce -0.1% 3.44% −0.12
MODULAR MED INC Reduce -14.6% 0.08% −0.11
SNCR Synchronoss Technologies Inc. Sold out 0.00% −0.10
MDY State Street SPDR S&P Midcap Reduce -50.1% 0.06% −0.10
ICAD Icad Inc. Sold out 0.00% −0.08
SOC Sable Offshore Corp. Sold out 0.00% −0.07
PRTH Priority Technology Holdings Reduce -7.0% 0.20% −0.05
MTCH Match Group Inc. Sold out 0.00% −0.05
BLDR Builders Firstsource Inc. Sold out 0.00% −0.05
LAKE Lakeland Industries Inc. Sold out 0.00% −0.05
NXST Nexstar Media Group Inc. Sold out 0.00% −0.05
AZ A2Z CUST2MATE Solutions Corp. Sold out 0.00% −0.04
LQDA Liquidia Corp. Sold out 0.00% −0.04
MSFT Microsoft Corp. Reduce -0.2% 2.23% −0.04
CBL INTL LTD Reduce -0.1% 0.08% −0.03
VAL Valaris Ltd. Sold out 0.00% −0.03
ECOR Electrocore Inc. Sold out 0.00% −0.02
RNXT Renovorx Inc. Reduce -49.2% 0.02% −0.02
METCB Ramaco Resources Inc. Class B Reduce -2.7% 0.11% −0.02
XELB Xcel Brands Inc. Sold out 0.00% −0.01
HTCR Heartcore Enterprises Inc. Sold out 0.00% −0.01
TRANSCODE THERAPEUTICS INC Sold out 0.00% −0.01
ALLR Allarity Therapeutics Inc. Sold out 0.00% −0.00
GNPX Genprex Inc. Sold out 0.00% −0.00
IA Innovative Solutions & Supp Reduce -50.4% 0.05% +0.05
ACOG Alpha Cognition Inc. Reduce -4.3% 0.24% +0.06
PSIX Power Solutions Internationa Reduce -30.3% 0.32% +0.08
CNVS Cineverse Corp. Reduce -0.3% 0.78% +0.09
OWLT Owlet Inc. Reduce -24.1% 0.71% +0.16
APG Api Group Corp. Reduce -0.1% 4.92% +0.28
MIR Mirion Technologies Inc. Reduce -1.5% 12.48% +1.01
LMB Limbach Holdings Inc. Reduce -0.0% 8.38% +2.39
VRT Vertiv Holdings Co. Class A Reduce -0.1% 15.05% +3.67

Portfolio Buys Q1 2025 → Q2 2025
GPGI Gpgi Inc. Add +56.7% 7.75% +2.62
MU Micron Technology Inc. New 0.24% +0.24
NBIS Nebius Group NV Add +14.9% 0.41% +0.23
COF Capital One Financial Corp. New 0.20% +0.20
AMZN Amazon.com Inc. New 0.19% +0.19
IREN Iren Ltd. Add +13.3% 0.36% +0.18
CLS Celestica Inc. New 0.18% +0.18
WLFC Willis Lease Finance Corp. New 0.16% +0.16
NVDA Nvidia Corp. New 0.15% +0.15
VPG Vishay Precision Group New 0.13% +0.13
DAC Danaos Corp. Add +180.0% 0.23% +0.13
TSLA Tesla Inc. New 0.13% +0.13
GSRT GSR III Acquisition Corp. New 0.12% +0.12
GBFH Gbank Financial Holdings Inc. New 0.12% +0.12
CORZ Core Scientific Inc. Add +57.4% 0.18% +0.11
BN Brookfield Corp. Add +3.2% 0.12% +0.11
HOOD Robinhood Markets Inc. Class A New 0.11% +0.11
BTI British American Tob-SP ADR New 0.10% +0.10
FEIM Frequency Electronics Inc. New 0.10% +0.10
GLNG Golar LNG Ltd. New 0.09% +0.09
HNRG Hallador Energy Co. New 0.09% +0.09
MRVL Marvell Technology Inc. New 0.09% +0.09
TGEN Tecogen Inc./Waltham Ma New 0.09% +0.09
AMD Advanced Micro Devices New 0.07% +0.07
TIPT Tiptree Inc. New 0.07% +0.07
AIV Apartment Invt & Mgmt Co. Class A New 0.07% +0.07
DLO Dlocal Ltd. New 0.07% +0.07
ONIT Onity Group Inc. Add +180.0% 0.10% +0.06
SPCB Supercom Ltd. New 0.06% +0.06
RIOT Riot Platforms Inc. New 0.05% +0.05
ACTG Acacia Research Corp. New 0.05% +0.05
UNFI United Natural Foods Inc. New 0.05% +0.05
MIND Mind Technology Inc. New 0.05% +0.05
SNES Senestech Inc. New 0.05% +0.05
PBI Pitney Bowes Inc. Add +37.3% 0.23% +0.04
DGXX Digi Power X Inc. New 0.04% +0.04
AIP Arteris Inc. New 0.04% +0.04
PPIH Perma-Pipe International Hol New 0.04% +0.04
CRNC Cerence Inc. New 0.04% +0.04
EVC Entravision Communications-A Add +285.4% 0.04% +0.03
GILT Gilat Satellite Networks Ltd. New 0.03% +0.03
ZDGE Zedge Inc. Class B New 0.02% +0.02
CODA Coda Octopus Group Inc. New 0.02% +0.02
MFI MF International Ltd. Class A New 0.02% +0.02
GRSD Grandstand Ltd. New 0.02% +0.02
SUNS Sunrise Realty Trust Inc. New 0.02% +0.02
APLD Applied Digital Corp. New 0.02% +0.02
NN Nextnav Inc. Add +17.3% 0.20% +0.02
SDRL Seadrill Limited Add +71.4% 0.06% +0.02
BTBT Bit Digital Inc. New 0.01% +0.01

Options Activity Q1 2025 → Q2 2025
GPGI Gpgi Inc. call Add +27.3% 191,000 $2.7M

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

Notes & Other Activity Q1 2025 → Q2 2025
GSRTR GSR III Acquisition Corp. RIGHT 99/99/9999 New 10,000 $68K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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