13F-HR/A 1 d617112a_13f-hra.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended September 30, 2005 Check here if Amendment: |X|; Amendment Number: 1 This Amendment (Check only one): |X| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Cobalt Capital Management, Inc. Address: 237 Park Avenue, Suite 900 New York, New York 10017 13F File Number: 28-04967 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Wayne Cooperman Title: President Phone: (212) 808-3756 Signature, Place and Date of Signing: /s/ Wayne Cooperman New York, New York November 18, 2005 ----------------------- -------------------------- ---------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 62 Form 13F Information Table Value Total: $1,703,899,239 List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1. 28-10571 Cobalt Offshore Fund Limited 2. 28-10572 Cobalt Partners, L.P. FORM 13F INFORMATION TABLE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLMN 6 COL 7 COLUMN 8 TITLE SHRS OR SH/ PUT/ INVSTMT OTHR VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP VALUE PRN AMT PRN CALL DISCRTN MGRS SOLE SHARED NONE -------------- -------- ----- ----- ------- --- ---- ------- ---- ---- ------ ---- ADVANCE AUTO PARTS INC COM 00751Y106 8,820,974 228,050 SH SHARED 1, 2 228,050 ABITIBI-CONSOLIDATED INC COM 003924107 405,000 100,000 SH SHARED 1, 2 100,000 AMERICAN EAGLE OUTFITTERS NE COM 02553E106 235,300 10,000 SH SHARED 1, 2 10,000 AMERICAN INTL GROUP INC COM 026874107 3,098,000 50,000 SH SHARED 1, 2 50,000 AUTOLIV INC COM 052800109 3,480,000 80,000 SH SHARED 1, 2 80,000 AMERICAN TOWER CORP CLA 029912201 179,239,778 7,183,959 SH SHARED 1, 2 7,183,959 ANADARKO PETE CORP COM 032511107 41,172,500 430,000 SH SHARED 1, 2 430,000 ALAMOSA HLDGS INC COM 011589108 39,929,043 2,333,667 SH SHARED 1, 2 2,333,667 ALLTEL CORP COM 020039103 18,230,800 280,000 SH SHARED 1, 2 280,000 ATLAS AMER INC COM 049167109 66,660,808 1,364,602 SH SHARED 1, 2 1,364,602 AMERICAN EXPRESS CO COM 025816109 2,872,000 50,000 SH SHARED 1, 2 50,000 BANK OF AMERICA CORPORATION COM 060505104 8,420,000 200,000 SH SHARED 1, 2 200,000 BALL CORP COM 058498106 2,204,400 60,000 SH SHARED 1, 2 60,000 BOWATER INC COM 102183100 4,760,668 168,400 SH SHARED 1, 2 168,400 CAPITALSOURCE INC COM 14055X102 1,744,000 80,000 SH SHARED 1, 2 80,000 CARRIZO OIL & CO INC COM 144577103 293,000 10,000 SH SHARED 1, 2 10,000 CEMEX SA SPON ADR 5 151290889 5,230,000 100,000 SH SHARED 1, 2 100,000 ODR CENTEX CORP COM 152312104 214,657,785 3,323,905 SH SHARED 1, 2 3,323,905 CONSOL ENERGY COM 20854P109 216,231,247 2,835,076 SH SHARED 1, 2 2,835,076 CVS CORP COM 126650100 7,252,500 250,000 SH SHARED 1, 2 250,000 DOBSON COMMUNICATIONS CORP CL A 256069105 46,971,464 6,116,076 SH SHARED 1, 2 6,116,076 ECHOSTAR COMMUNICATIONS NEW CL A 278762109 2,957,000 100,000 SH SHARED 1, 2 100,000 EAGLE MATERIALS INC COM 26969P108 1,213,700 10,000 SH SHARED 1, 2 10,000 FOUNDATION COAL HLDGS INC COM 35039W100 26,308,221 684,219 SH SHARED 1, 2 684,219 FREEPORT-MCMORAN COPPER & GO CL B 35671D857 69,399,104 1,428,259 SH SHARED 1, 2 1,428,259 FIDELITY NATL FINL INC COM 316326107 3,276,672 73,600 SH SHARED 1, 2 73,600 FISHER SCIENTIFIC INTL INC COM NEW 338032204 24,050,580 387,600 SH SHARED 1, 2 387,600 GATX CORP COM 361448103 8,748,460 221,200 SH SHARED 1, 2 221,200 GOLDMAN SACHS GROUP INC COM 38141G104 7,294,800 60,000 SH SHARED 1, 2 60,000 GRANT PRIDECO INC COM 38821G101 12,195,000 300,000 SH SHARED 1, 2 300,000 HARRAHS ENTMT INC COM 413619107 41,552,106 637,400 SH SHARED 1, 2 637,400 STARWOOD HOTELS & RESORTS WRLD PAIRED CTF 85590A203 5,717,000 100,000 SH SHARED 1, 2 100,000 INAMED CORP COM 453235103 7,568,000 100,000 SH SHARED 1, 2 100,000 LENNAR CORP CLA 526057104 103,426,632 1,730,700 SH SHARED 1, 2 1,730,700 LEVEL 3 COMMUNICATIONS INC COM 52729N100 865,745 373,166 SH SHARED 1, 2 373,166 MCDONALDS CORP COM 580135101 6,698,000 200,000 SH SHARED 1, 2 200,000 MOLEX INC CLA 608554200 10,902,480 424,056 SH SHARED 1, 2 424,056 MERITAGE HOMES CORP COM 59001A102 6,700,084 87,400 SH SHARED 1, 2 87,400 MICRON TECHNOLOGY INC COM 595112103 917,673 68,998 SH SHARED 1, 2 68,998 NEW CENTURY FINANCIAL CORP M COM 6435EV108 725,400 20,000 SH SHARED 1, 2 20,000 NS GROUP INC COM 628916108 2,778,900 70,800 SH SHARED 1, 2 70,800 NORTHWEST AIRLS CORP CL A 667280101 227,761 345,093 SH SHARED 1, 2 345,093 OMI CORP COM Y6476W104 11,379,616 636,800 SH SHARED 1, 2 636,800 ORACLE CORP COM 68389X105 5,026,402 405,355 SH SHARED 1, 2 405,355 PULTE HOMES INC COM 745867101 88,284,551 2,056,956 SH SHARED 1, 2 2,056,956 PACIFICARE HEALTH SYS DEL COM 695112102 33,260,282 416,900 SH SHARED 1, 2 416,900 PIONEER NAT RES CO COM 723787107 6,930,904 126,200 SH SHARED 1, 2 126,200 RENT A CTR INC NEW COM 76009N100 579,300 30,000 SH SHARED 1, 2 30,000 RESOURCE AMERICA INC CL A 761195205 28,524,683 1,610,654 SH SHARED 1, 2 1,610,654 TRANSOCEAN INC ORD G90078109 14,827,640 241,847 SH SHARED 1, 2 241,847 SEARS HLDGS CORP COM 812350106 4,105,860 33,000 SH SHARED 1, 2 33,000 TEEKAY SHIPPING MARSHALL ISL COM Y8564W103 3,060,855 71,100 SH SHARED 1, 2 71,100 TELEWEST GLOBAL INC COM 87956T107 19,563,864 852,456 SH SHARED 1, 2 852,456 TRIQUINT SEMICONDUCTOR INC COM 89674K103 813,849 20,100 SH SHARED 1, 2 20,100 TITAN INTL INC ILL COM 88830M102 4,713,509 343,300 SH SHARED 1, 2 343,300 TYCO INTL LTD NEW COM 902124106 4,177,500 150,000 SH SHARED 1, 2 150,000 UBIQUITEL INC COM 903474302 2,818,650 322,500 SH SHARED 1, 2 322,500 VIACOM INC CLB 925524308 21,456,500 650,000 SH SHARED 1, 2 650,000 VALERO ENERGY CORP COM 91913Y100 173,082,311 1,530,889 SH SHARED 1, 2 1,530,889 WELLPOINT INC COM 94973V107 58,222,178 767,900 SH SHARED 1, 2 767,900 WYNN RESORTS LTD COM 983134107 7,224,000 160,000 SH SHARED 1, 2 160,000 YELLOW ROADWAY CORP COM 985577105 414,200 10,000 SH SHARED 1, 2 10,000 TOTAL 1,703,899,239

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