COBALT CAPITAL MANAGEMENT, INC. — 13F holdings

COBALT CAPITAL MANAGEMENT, INC. reported 26 holdings worth $140M in its 13F filing for Q2 2026, filed August 14, 2026.

Largest positions

1. NSC NORFOLK SOUTHN CORP — $22.0M (15.7%)
2. GLD SPDR GOLD TR — $18.4M (13.1%)
3. EXE EXPAND ENERGY CORPORATION — $15.5M (11.0%)
4. MU MICRON TECHNOLOGY INC — $13.9M (9.9%)
5. BX BLACKSTONE INC — $11.8M (8.4%)
6. CCK CROWN HLDGS INC — $8.39M (6.0%)
7. FTAI FTAI AVIATION LTD — $8.12M (5.8%)
8. VST VISTRA CORP — $7.14M (5.1%)
9. ELV ELEVANCE HEALTH INC — $5.80M (4.1%)
10. UAL UNITED AIRLS HLDGS INC — $5.44M (3.9%)