Corsair Capital Management, L.P.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed April 21, 2026), Corsair Capital Management, L.P. reported 164 stock positions worth $563.6 million. Its top holding was Vertiv Class A (VRT) at 16.2% of the portfolio, followed by Gpgi (GPGI, 15.6%) and Laureate Education (LAUR, 10.7%). Compared with Q2 2025, it opened 40 new positions, sold out of 26, added to 25 and reduced 34. The biggest buy was Gpgi (GPGI, shares +47%) and the biggest sale Mirion Technologies (MIR, shares −65%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001276470
Portfolio Value
$563.6M (Q3 2025)
SEC Filing
0001013594-26-000475 ↗ 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 Q2 2025 Q3 2025: $563.6M $563.6M Q3 2025 Q4 2025: $604.5M Q4 2025 Q1 2026: $673.0M Q1 2026 Q2 2026: $794.5M Q2 2026

Holdings 164 stocks · $563.6M
VRT Vertiv Holdings Co. Class A 16.21% 605,467 $91.3M Reduce -1.0%
GPGI Gpgi Inc. filed as COMPOSECURE INC 15.62% 4,228,053 $88.0M Add +47.4%
LAUR Laureate Education Inc. 10.69% 1,911,184 $60.3M Reduce -0.2%
LMB Limbach Holdings Inc. 5.36% 311,338 $30.2M Reduce -0.3%
APG Api Group Corp. 4.58% 751,012 $25.8M Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 4.55% 38,499 $25.6M Reduce -0.0%
MIR Mirion Technologies Inc. 4.32% 1,045,797 $24.3M Reduce -65.4%
SPXC SPX Technologies Inc. 3.49% 105,447 $19.7M Reduce -1.6%
GDDY GoDaddy Inc. Class A 2.56% 105,657 $14.5M Reduce -42.8%
AON Aon PLC Class A 2.51% 39,746 $14.2M Reduce -1.5%
MSFT Microsoft Corp. 2.15% 23,442 $12.1M No change
RHLD Resolute Holdings Manag 1.97% 153,505 $11.1M No change
BRK.B Berkshire Hathaway Inc. Class B 1.83% 20,546 $10.3M Reduce -0.0%
GOOG Alphabet Inc. Class C 1.70% 39,437 $9.6M No change
QQQ Invesco QQQ Trust Series 1 1.42% 13,342 $8.0M No change
IREN Iren Ltd. filed as IREN LIMITED 1.23% 147,604 $6.9M Add +15.7%
NBIS Nebius Group NV 0.77% 38,509 $4.3M No change
SPGI S&P Global Inc. 0.69% 7,999 $3.9M Reduce -3.7%
VOYA Voya Financial Inc. 0.55% 41,481 $3.1M No change
CHDN Churchill Downs Inc. 0.55% 31,827 $3.1M No change
OWLT Owlet Inc. 0.55% 363,349 $3.1M Reduce -17.1%
PSIX Power Solutions Internationa 0.53% 30,635 $3.0M Add +19.5%
IWO iShares Russell 2000 Growth 0.48% 8,484 $2.7M No change
CNVS Cineverse Corp. 0.48% 802,436 $2.7M Reduce -6.3%
IWP iShares Russell Mid-Cap Grow 0.45% 18,000 $2.6M No change
TPB Turning Point Brands Inc. 0.43% 24,497 $2.4M No change
AAPL Apple Inc. 0.41% 8,986 $2.3M No change
APO Apollo Global Management Inc. 0.40% 16,830 $2.2M No change
FEIM Frequency Electronics Inc. 0.37% 61,307 $2.1M Add +172.5%
LODE Comstock Inc. 0.33% 550,000 $1.9M New
SARK Tradr 1X Short Innov DLY-Usd 0.33% 65,000 $1.9M New
MU Micron Technology Inc. 0.30% 10,000 $1.7M No change
PBI Pitney Bowes Inc. 0.26% 130,476 $1.5M Add +18.1%
TSLA Tesla Inc. 0.25% 3,137 $1.4M Add +46.8%
TLN Talen Energy Corp. 0.24% 3,240 $1.4M No change
SPCB Supercom Ltd. 0.23% 110,000 $1.3M Add +266.7%
BGC BGC Group Inc. Class A 0.23% 137,724 $1.3M No change
GLD SPDR Gold Shares 0.23% 3,639 $1.3M Reduce -0.1%
GTX Garrett Motion Inc. 0.22% 92,521 $1.3M No change
BELFB Bel Fuse Inc. Class B 0.22% 8,932 $1.3M No change
DAC Danaos Corp. 0.22% 14,000 $1.3M No change
MS Morgan Stanley 0.22% 7,814 $1.2M No change
CORZ Core Scientific Inc. 0.21% 66,858 $1.2M Add +21.9%
FOUR SHIFT4 Payments Inc. Class A 0.21% 15,059 $1.2M Add +129.6%
COF Capital One Financial Corp. 0.19% 4,981 $1.1M No change
KKR KKR & Co. Inc. 0.18% 7,832 $1.0M No change
AMZN Amazon.com Inc. 0.18% 4,500 $988K No change
AER Aercap Holdings NV 0.17% 7,950 $962K No change
NVDA Nvidia Corp. 0.17% 5,000 $933K No change
PRTH Priority Technology Holdings 0.16% 133,418 $917K No change
NPK National Presto Inds Inc. 0.16% 8,021 $900K No change
CIFR Cipher Digital Inc. 0.16% 70,840 $892K New
HNRG Hallador Energy Co. 0.16% 45,000 $881K Add +50.0%
ACOG Alpha Cognition Inc. 0.16% 134,898 $878K No change
NLOP Net Lease Office Property 0.15% 29,314 $869K No change
DLO Dlocal Ltd. 0.15% 60,000 $857K Add +100.0%
MRVL Marvell Technology Inc. 0.15% 10,000 $841K Add +66.7%
WLFC Willis Lease Finance Corp. 0.15% 6,000 $823K No change
RTX RTX Corp. 0.15% 4,898 $820K No change
AM Antero Midstream Corp. 0.14% 42,000 $816K No change
VPG Vishay Precision Group 0.14% 25,000 $801K No change
NN Nextnav Inc. 0.14% 55,777 $798K Reduce -17.7%
IQV Iqvia Holdings Inc. 0.14% 4,105 $780K No change
ILPT Industrial Logistics Propert 0.14% 133,251 $777K Reduce -5.0%
DUOT Duos Technologies Group Inc. 0.14% 105,000 $773K New
IJK iShares S&P Mid-Cap 400 Grow 0.13% 7,833 $751K No change
OPY Oppenheimer Holdings Class A 0.13% 10,043 $742K Add +12.3%
JOE The St Joe Co. 0.13% 15,000 $742K Add +25.0%
AZ A2Z CUST2MATE Solutions Corp. 0.13% 92,000 $735K New
FPH Five Point Holdings LLC Class A 0.13% 115,021 $705K Add +15.0%
CNX CNX Resources Corp. 0.13% 21,927 $704K No change
BN Brookfield Corp. 0.12% 10,000 $686K No change
ONIT Onity Group Inc. 0.12% 17,000 $679K Add +21.4%
INTC Intel Corp. 0.12% 20,000 $671K New
MHO M/I Homes Inc. 0.12% 4,597 $664K No change
GBFH Gbank Financial Holdings Inc. 0.12% 16,534 $649K Reduce -5.7%
CHCI Comstock Holding Companies 0.11% 45,461 $637K Reduce -11.1%
ELMD Electromed Inc. 0.11% 25,569 $628K No change
GLNG Golar LNG Ltd. 0.11% 15,000 $606K Add +25.0%
TK Teekay Corp. Ltd. 0.11% 72,738 $595K No change
PPLI People Inc. filed as IAC INC 0.10% 17,323 $590K No change
MFIN Medallion Financial Corp. 0.10% 57,859 $584K Add +22.9%
BTI British American Tob-SP ADR 0.10% 11,000 $584K No change
CRH CRH PLC 0.10% 4,785 $574K No change
HOOD Robinhood Markets Inc. Class A 0.10% 4,000 $573K Reduce -33.3%
TSM Taiwan Semiconductor-SP ADR 0.10% 2,000 $559K New
MPTI M-Tron Industries Inc. 0.10% 10,000 $555K New
MMS Maximus Inc. 0.10% 6,000 $548K New
RAVE Rave Restaurant Group Inc. 0.10% 163,555 $543K No change
MSGS Madison Square Garden Sports 0.09% 2,321 $527K No change
NATH Nathan's Famous Inc. 0.09% 4,748 $526K No change
CBL INTL LTD 0.09% 17,176 $525K Add +1.2%
MNY Moneyhero Ltd. Class A 0.09% 361,791 $517K New
GLXY Galaxy Digital Inc. Class A 0.09% 15,068 $509K New
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC 0.09% 14,932 $502K No change
CLS Celestica Inc. 0.09% 2,000 $493K Reduce -66.7%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.09% 6,000 $490K New
TGEN Tecogen Inc./Waltham Ma 0.09% 55,000 $485K Reduce -18.8%
TECK Teck Resources Ltd.-CLS B 0.08% 10,492 $460K No change
GLRE Greenlight Capital Re Ltd. Class A 0.08% 35,602 $452K No change
SVIUF Spring Valley Acquisition Co. 0.08% 43,500 $447K New
DFIN Donnelley Financial Solution 0.08% 8,655 $445K Reduce -10.4%
APP AppLovin Corp. Class A 0.08% 600 $431K New
GNW Genworth Financial Inc. 0.08% 47,919 $426K No change
FTAI Ftai Aviation Ltd. 0.07% 2,500 $417K New
LWAY Lifeway Foods Inc. 0.07% 14,428 $401K No change
ACTG Acacia Research Corp. 0.07% 120,345 $391K Add +53.7%
AMPG Amplitech Group Inc. 0.07% 100,000 $389K New
QUIK Quicklogic Corp. 0.07% 63,917 $387K New
GFF Griffon Corp. 0.07% 5,057 $385K No change
PPIH Perma-Pipe International Hol 0.07% 16,374 $384K Add +74.7%
SDRL Seadrill Limited 0.06% 12,000 $363K No change
MDY State Street SPDR S&P Midcap 0.06% 597 $356K No change
IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L 0.06% 14,521 $337K New
KMI Kinder Morgan Inc. 0.06% 11,820 $335K No change
JAKK Jakks Pacific Inc. 0.06% 17,526 $328K Reduce -36.3%
CUBI Customers Bancorp Inc. 0.06% 5,000 $327K New
AIV Apartment Invt & Mgmt Co. Class A 0.06% 40,291 $320K No change
NVGS Navigator Holdings Ltd. 0.06% 20,000 $310K No change
EVC Entravision Communications-A 0.05% 131,481 $306K Add +30.2%
XLE SS Energy Select Sector 0.05% 3,337 $298K No change
VBNK Versabank 0.05% 24,000 $293K New
MODULAR MED INC 0.05% 409,648 $287K Reduce -28.6%
PESI Perma-Fix Environmental SVCS 0.05% 27,943 $282K New
EXE Expand Energy Corp. 0.04% 2,362 $251K No change
IA Innovative Solutions & Supp 0.04% 19,844 $248K No change
SNES Senestech Inc. 0.04% 55,149 $242K Add +10.2%
ASPI Asp Isotopes Inc. 0.04% 25,000 $241K New
SMC Summit Midstream Corp. 0.04% 11,692 $240K Add +9.3%
MTCH Match Group Inc. 0.04% 6,376 $225K New
ECPG Encore Capital Group Inc. 0.04% 5,246 $219K New
CLPT Clearpoint Neuro Inc. 0.04% 10,000 $218K New
SOFI Sofi Technologies Inc. 0.04% 8,000 $211K New
AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC 0.04% 30,000 $210K No change
LPTH Lightpath Technologies Inc. Class A 0.04% 25,000 $198K New
LGCY Legacy Education Inc. 0.03% 20,000 $191K New
CRNC Cerence Inc. 0.03% 15,000 $187K Reduce -25.0%
LUMENT FINANCE TRUST INC 0.03% 89,631 $181K No change
MIND Mind Technology Inc. 0.03% 20,292 $164K Reduce -37.6%
BTLN Brightline Interactive Inc. filed as GLIMPSE GROUP INC 0.03% 100,000 $164K New
CCLD Carecloud Inc. 0.03% 50,000 $161K New
DGXX Digi Power X Inc. filed as DIGI PWR X INC 0.03% 68,175 $156K Reduce -11.3%
AWRE Aware Inc. 0.03% 62,512 $151K Reduce -4.6%
LFCR Lifecore Biomedical Inc. 0.03% 20,000 $147K New
RNXT Renovorx Inc. 0.02% 93,473 $119K Reduce -2.0%
CODA Coda Octopus Group Inc. 0.02% 14,438 $116K Reduce -7.3%
SUNS Sunrise Realty Trust Inc. 0.02% 10,000 $104K No change
BNED Barnes & Noble Education Inc. 0.02% 10,000 $100K Reduce -79.6%
BB Blackberry Ltd. 0.02% 20,000 $98K New
ZDGE Zedge Inc. Class B 0.02% 31,870 $93K No change
MYO Myomo Inc. 0.02% 100,000 $89K New
FEAM 5E Advanced Materials Inc. 0.02% 24,928 $87K New
OPRT Oportun Financial Corp. 0.01% 10,000 $62K No change
BTBT Bit Digital Inc. 0.01% 20,000 $60K Reduce -42.9%
KSCP Knightscope Inc. Class A 0.01% 10,000 $58K New
INVZ Innoviz Technologies Ltd. 0.01% 25,000 $51K No change
HBIO Harvard Bioscience Inc. 0.01% 100,000 $44K New
PPSI Pioneer Power Solutions Inc. 0.01% 10,000 $43K New
RMTI Rockwell Medical Inc. 0.01% 35,000 $42K Reduce -36.4%
AREC American Resources Corp. 0.00% 10,000 $27K New
ETHZILLA CORPORATION 0.00% 10,000 $24K New
BWEN Broadwind Inc. 0.00% 10,000 $21K Reduce -38.7%
SOAR Volato Group Inc. 0.00% 10,000 $18K New
VYNE THERAPEUTICS INC 0.00% 50,000 $17K Add +400.0%

Options reported separately and not counted above: GPGI calls ($30.3M), VRT calls ($11.3M).

Portfolio Sells Q2 2025 → Q3 2025
MIR Mirion Technologies Inc. Reduce -65.4% 4.32% −8.17
GDDY GoDaddy Inc. Class A Reduce -42.8% 2.56% −3.80
LMB Limbach Holdings Inc. Reduce -0.3% 5.36% −3.02
APG Api Group Corp. Reduce -0.5% 4.58% −0.34
CNVS Cineverse Corp. Reduce -6.3% 0.48% −0.31
AON Aon PLC Class A Reduce -1.5% 2.51% −0.24
OWLT Owlet Inc. Reduce -17.1% 0.55% −0.16
SPGI S&P Global Inc. Reduce -3.7% 0.69% −0.15
GSRT GSR III Acquisition Corp. Sold out 0.00% −0.12
METCB Ramaco Resources Inc. Class B Sold out 0.00% −0.11
EEFT Euronet Worldwide Inc. Sold out 0.00% −0.10
NMM Navios Maritime Partners LP Sold out 0.00% −0.09
BNED Barnes & Noble Education Inc. Reduce -79.6% 0.02% −0.09
CLS Celestica Inc. Reduce -66.7% 0.09% −0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.0% 1.83% −0.08
CNNE Cannae Holdings Inc. Sold out 0.00% −0.08
AMD Advanced Micro Devices Sold out 0.00% −0.07
TIPT Tiptree Inc. Sold out 0.00% −0.07
IP International Paper Co. Sold out 0.00% −0.07
NN Nextnav Inc. Reduce -17.7% 0.14% −0.06
RIOT Riot Platforms Inc. Sold out 0.00% −0.05
UNFI United Natural Foods Inc. Sold out 0.00% −0.05
GTN Gray Media Inc. Sold out 0.00% −0.05
JAKK Jakks Pacific Inc. Reduce -36.3% 0.06% −0.05
AIP Arteris Inc. Sold out 0.00% −0.04
SBGI Sinclair Inc. Sold out 0.00% −0.04
DFIN Donnelley Financial Solution Reduce -10.4% 0.08% −0.04
MODULAR MED INC Reduce -28.6% 0.05% −0.03
GILT Gilat Satellite Networks Ltd. Sold out 0.00% −0.03
MFI MF International Ltd. Class A Sold out 0.00% −0.02
MIND Mind Technology Inc. Reduce -37.6% 0.03% −0.02
GRSD Grandstand Ltd. Sold out 0.00% −0.02
APLD Applied Digital Corp. Sold out 0.00% −0.02
DGXX Digi Power X Inc. Reduce -11.3% 0.03% −0.01
ALTO Alto Ingredients Inc. Sold out 0.00% −0.01
MOBILICOM LTD Sold out 0.00% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.0% 4.55% −0.01
RR Richtech Robotics Inc. Class B Sold out 0.00% −0.01
CRNC Cerence Inc. Reduce -25.0% 0.03% −0.01
HOOD Robinhood Markets Inc. Class A Reduce -33.3% 0.10% −0.01
BLNE Beeline Holdings Inc. Sold out 0.00% −0.01
XELB Xcel Brands Inc. Sold out 0.00% −0.01
FTEK Fuel Tech Inc. Sold out 0.00% −0.00
QTEX Qtrex Quantum Ltd. Sold out 0.00% −0.00
BTBT Bit Digital Inc. Reduce -42.9% 0.01% −0.00
CODA Coda Octopus Group Inc. Reduce -7.3% 0.02% −0.00
GBFH Gbank Financial Holdings Inc. Reduce -5.7% 0.12% −0.00
RNXT Renovorx Inc. Reduce -2.0% 0.02% −0.00
GNS Genius Group Ltd. Sold out 0.00% −0.00
NEUROONE MED TECHNOLOGIES CO Sold out 0.00% −0.00

Portfolio Buys Q2 2025 → Q3 2025
GPGI Gpgi Inc. Add +47.4% 15.62% +7.87
IREN Iren Ltd. Add +15.7% 1.23% +0.87
LODE Comstock Inc. New 0.33% +0.33
SARK Tradr 1X Short Innov DLY-Usd New 0.33% +0.33
FEIM Frequency Electronics Inc. Add +172.5% 0.37% +0.27
PSIX Power Solutions Internationa Add +19.5% 0.53% +0.22
SPCB Supercom Ltd. Add +266.7% 0.23% +0.18
CIFR Cipher Digital Inc. New 0.16% +0.16
DUOT Duos Technologies Group Inc. New 0.14% +0.14
AZ A2Z CUST2MATE Solutions Corp. New 0.13% +0.13
INTC Intel Corp. New 0.12% +0.12
TSLA Tesla Inc. Add +46.8% 0.25% +0.12
TSM Taiwan Semiconductor-SP ADR New 0.10% +0.10
MPTI M-Tron Industries Inc. New 0.10% +0.10
MMS Maximus Inc. New 0.10% +0.10
MNY Moneyhero Ltd. Class A New 0.09% +0.09
GLXY Galaxy Digital Inc. Class A New 0.09% +0.09
KSPI JSC Kaspi.kz ADR New 0.09% +0.09
DLO Dlocal Ltd. Add +100.0% 0.15% +0.09
FOUR SHIFT4 Payments Inc. Class A Add +129.6% 0.21% +0.08
SVIUF Spring Valley Acquisition Co. New 0.08% +0.08
APP AppLovin Corp. Class A New 0.08% +0.08
FTAI Ftai Aviation Ltd. New 0.07% +0.07
AMPG Amplitech Group Inc. New 0.07% +0.07
QUIK Quicklogic Corp. New 0.07% +0.07
HNRG Hallador Energy Co. Add +50.0% 0.16% +0.07
MRVL Marvell Technology Inc. Add +66.7% 0.15% +0.06
IGIC International General Insura New 0.06% +0.06
CUBI Customers Bancorp Inc. New 0.06% +0.06
VBNK Versabank New 0.05% +0.05
PESI Perma-Fix Environmental SVCS New 0.05% +0.05
ASPI Asp Isotopes Inc. New 0.04% +0.04
MTCH Match Group Inc. New 0.04% +0.04
ECPG Encore Capital Group Inc. New 0.04% +0.04
CLPT Clearpoint Neuro Inc. New 0.04% +0.04
SOFI Sofi Technologies Inc. New 0.04% +0.04
LPTH Lightpath Technologies Inc. Class A New 0.04% +0.04
LGCY Legacy Education Inc. New 0.03% +0.03
CORZ Core Scientific Inc. Add +21.9% 0.21% +0.03
PBI Pitney Bowes Inc. Add +18.1% 0.26% +0.03
BTLN Brightline Interactive Inc. New 0.03% +0.03
CCLD Carecloud Inc. New 0.03% +0.03
PPIH Perma-Pipe International Hol Add +74.7% 0.07% +0.03
LFCR Lifecore Biomedical Inc. New 0.03% +0.03
JOE The St Joe Co. Add +25.0% 0.13% +0.02
FPH Five Point Holdings LLC Class A Add +15.0% 0.13% +0.02
OPY Oppenheimer Holdings Class A Add +12.3% 0.13% +0.02
ONIT Onity Group Inc. Add +21.4% 0.12% +0.02
MFIN Medallion Financial Corp. Add +22.9% 0.10% +0.02
BB Blackberry Ltd. New 0.02% +0.02

Options Activity Q2 2025 → Q3 2025
GPGI Gpgi Inc. call Add +662.8% 1,456,900 $30.3M

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

Notes & Other Activity Q2 2025 → Q3 2025
GSRTR GSR III Acquisition Corp. RIGHT 99/99/9999 Sold out 10,000 $68Kbefore exit

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