13F-HR 1 d1166780_13f-hr.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 December 31, 2010 Check here if Amendment: | |; Amendment Number: This Amendment (Check only one): | | 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: 028-04967 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 February 14, 2011 ------------------- ------------------------ -------------------- [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: 3 Form 13F Information Table Entry Total: 79 Form 13F Information Table Value Total: $ 2,144,158 (in thousands) List of Other Included Managers: No. Form 13F File Number Name --- -------------------- ---- 1. 028-13397 Cobalt Offshore Master Fund LP 2. 028-10572 Cobalt Partners, L.P. 3. 028-12326 Cobalt Partners II, L.P. SK 01181 0008 1166780 FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COL 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHR NONE -------------- -------------- ----- ------- ------- --- ---- ---------- ----- ---- --- ---- ACE LTD COM H0023R105 47,455 762,337 SH Shared-define 1, 2, 3 762,337 ADVANCED MICRO DEVICES INC NOTE 5.750% 8/1 007903AN7 29,887 29,000,000 PRN Shared-define 1, 2, 3 29,000,000 AMAG PHARMACEUTICALS INC COM 00163U106 7,772 429,406 SH Shared-define 1, 2, 3 429,406 AMERICAN TOWER CORP CL A 029912201 46,321 897,000 SH Shared-define 1, 2, 3 897,000 ANADARKO PETE CORP COM 032511107 762 10,000 SH Shared-define 1, 2, 3 10,000 APACHE CORP COM 037411105 23,488 197,000 SH Shared-define 1, 2, 3 197,000 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 22,878 600,000 SH Shared-define 1, 2, 3 600,000 ARCH COAL INC COM 039380100 2,104 60,000 SH Shared-define 1, 2, 3 60,000 ARVINMERITOR INC COM 043353101 49,902 2,431,879 SH Shared-define 1, 2, 3 2,431,879 ATLAS ENERGY INC COM 049298102 176,362 4,010,961 SH Shared-define 1, 2, 3 4,010,961 BARRICK GOLD CORP COM 067901108 36,316 682,881 SH Shared-define 1, 2, 3 682,881 BLACKROCK INC COM 09247X101 53,839 282,500 SH Shared-define 1, 2, 3 282,500 CABOT OIL & GAS CORP COM 127097103 3,785 100,000 SH Shared-define 1, 2, 3 100,000 CF INDS HLDGS INC COM 125269100 71,603 529,807 SH Shared-define 1, 2, 3 529,807 CHEVRON CORP NEW COM 166764100 33,306 365,000 SH Shared-define 1, 2, 3 365,000 COVENTRY HEALTH CARE INC COM 222862104 9,900 375,000 SH Shared-define 1, 2, 3 375,000 CROWN CASTLE INTL CORP COM 228227104 37,581 857,428 SH Shared-define 1, 2, 3 857,428 CROWN HOLDINGS INC COM 228368106 4,297 128,720 SH Shared-define 1, 2, 3 128,720 CSX CORP COM 126408103 41,997 650,000 SH Shared-define 1, 2, 3 650,000 CUMMINS INC COM 231021106 16,502 150,000 SH Shared-define 1, 2, 3 150,000 DANA HLDG CORP COM 235825205 58,216 3,382,659 SH Shared-define 1, 2, 3 3,382,659 DENBURY RES INC COM NEW 247916208 61,184 3,205,026 SH Shared-define 1, 2, 3 3,205,026 DEVELOPERS DIVERSIFIED RLTY NOTE 3.500% 8/1 251591AQ6 23,383 23,500,000 PRN Shared-define 1, 2, 3 23,500,000 DEVELOPERS DIVERSIFIED RLTY NOTE 3.000% 3/1 251591AS2 14,565 14,700,000 PRN Shared-define 1, 2, 3 14,700,000 DOMTAR CORP COM NEW 257559203 19,230 253,292 SH Shared-define 1, 2, 3 253,292 E TRADE FINANCIAL CORP COM NEW 269246401 4,590 286,900 SH Shared-define 1, 2, 3 286,900 ENERGY XXI (BERMUDA) LTD USD UNRS SHS G10082140 7,965 287,860 SH Shared-define 1, 2, 3 287,860 EQUINIX INC COM NEW 29444U502 23,696 291,612 SH Shared-define 1, 2, 3 291,612 FOREST OIL CORP COM PAR $0.01 346091705 29,923 788,075 SH Shared-define 1, 2, 3 788,075 FREEPORT-MCMORAN COPPER & GO COM 35671D857 26,420 220,000 SH Shared-define 1, 2, 3 220,000 GLOBAL PMTS INC COM 37940X102 19,755 427,500 SH Shared-define 1, 2, 3 427,500 GOOGLE INC CL A 38259P508 35,638 60,000 SH Shared-define 1, 2, 3 60,000 HALLIBURTON CO COM 406216101 42,463 1,040,000 SH Shared-define 1, 2, 3 1,040,000 HESS CORP COM 42809H107 8,029 104,897 SH Shared-define 1, 2, 3 104,897 INTERNATIONAL BUSINESS MACHS COM 459200101 30,347 206,783 SH Shared-define 1, 2, 3 206,783 JO-ANN STORES INC COM 47758P307 6,022 100,000 SH Shared-define 1, 2, 3 100,000 JOY GLOBAL INC COM 481165108 10,219 117,800 SH Shared-define 1, 2, 3 117,800 JPMORGAN CHASE & CO COM 46625H100 18,190 428,800 SH Shared-define 1, 2, 3 428,800 KEYCORP NEW COM 493267108 1,770 200,000 SH Shared-define 1, 2, 3 200,000 KKR FINANCIAL HLDGS LLC NOTE 7.500% 1/1 48248AAD0 47,228 34,285,000 PRN Shared-define 1, 2, 3 34,285,000 KKR FINANCIAL HLDGS LLC NOTE 7.000% 7/1 48248AAB4 22,126 21,275,000 PRN Shared-define 1, 2, 3 21,275,000 KKR FINANCIAL HLDGS LLC COM 48248A306 68,489 7,364,399 SH Shared-define 1, 2, 3 7,364,399 LEAR CORP COM NEW 521865204 76,015 770,084 SH Shared-define 1, 2, 3 770,084 LINCOLN NATL CORP IND COM 534187109 20,858 750,000 SH Shared-define 1, 2, 3 750,000 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 86,702 2,520,406 SH Shared-define 1, 2, 3 2,520,406 MASTERCARD INC CL A 57636Q104 10,401 46,410 SH Shared-define 1, 2, 3 46,410 MEDCO HEALTH SOLUTIONS INC COM 58405U102 36,231 591,341 SH Shared-define 1, 2, 3 591,341 MICROSOFT CORP COM 594918104 22,328 800,000 SH Shared-define 1, 2, 3 800,000 ORACLE CORP COM 68389X105 28,838 921,330 SH Shared-define 1, 2, 3 921,330 PALL CORP COM 696429307 29,856 602,183 SH Shared-define 1, 2, 3 602,183 PEABODY ENERGY CORP COM 704549104 28,791 450,000 SH Shared-define 1, 2, 3 450,000 PENN VA CORP NOTE 4.500%11/1 707882AA4 19,868 20,000,000 PRN Shared-define 1, 2, 3 20,000,000 PMI GROUP INC COM 69344M101 3,300 1,000,000 SH Shared-define 1, 2, 3 1,000,000 PNC FINL SVCS GROUP INC COM 693475105 6,072 100,000 SH Shared-define 1, 2, 3 100,000 POTASH CORP SASK INC COM 73755L107 15,483 100,000 SH Shared-define 1, 2, 3 100,000 PROSHARES TR PSHS ULTSH 20YRS 74347R297 19,261 520,000 SH Shared-define 1, 2, 3 520,000 QUALCOMM INC COM 747525103 2,475 50,000 SH Shared-define 1, 2, 3 50,000 RADIAN GROUP INC COM 750236101 7,380 914,491 SH Shared-define 1, 2, 3 914,491 SCHLUMBERGER LTD COM 806857108 33,400 400,000 SH Shared-define 1, 2, 3 400,000 SENSATA TECHNOLOGIES HLDG BV SHS N7902X106 2,409 80,000 SH Shared-define 1, 2, 3 80,000 SLM CORP COM 78442P106 41,441 3,291,572 SH Shared-define 1, 2, 3 3,291,572 SMITHFIELD FOODS INC COM 832248108 6,092 295,304 SH Shared-define 1, 2, 3 295,304 SOLUTIA INC COM NEW 834376501 2,308 100,000 SH Shared-define 1, 2, 3 100,000 STEEL DYNAMICS INC COM 858119100 27,450 1,500,000 SH Shared-define 1, 2, 3 1,500,000 TESORO CORP COM 881609101 16,802 906,232 SH Shared-define 1, 2, 3 906,232 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 7,444 142,800 SH Shared-define 1, 2, 3 142,800 TITAN INTL INC ILL COM 88830M102 786 40,200 SH Shared-define 1, 2, 3 40,200 TRANSOCEAN INC NOTE 1.500%12/1 893830AV1 5,916 6,000,000 PRN Shared-define 1, 2, 3 6,000,000 TRINITY INDS INC COM 896522109 16,136 606,400 SH Shared-define 1, 2, 3 606,400 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 58,841 1,116,528 SH Shared-define 1, 2, 3 1,116,528 TYCO ELECTRONICS LTD SWITZER SHS H8912P106 17,700 500,000 SH Shared-define 1, 2, 3 500,000 TYCO INTERNATIONAL LTD SHS H89128104 45,584 1,100,000 SH Shared-define 1, 2, 3 1,100,000 ULTRA PETROLEUM CORP COM 903914109 3,462 72,462 SH Shared-define 1, 2, 3 72,462 UNION PAC CORP COM 907818108 33,951 366,400 SH Shared-define 1, 2, 3 366,400 UNITED CONTL HLDGS INC COM 910047109 34,619 1,453,358 SH Shared-define 1, 2, 3 1,453,358 VALE S A ADR REPSTG PFD 91912E204 25,004 827,414 SH Shared-define 1, 2, 3 827,414 VIACOM INC NEW CL B 92553P201 27,727 700,000 SH Shared-define 1, 2, 3 700,000 VISA INC COM CL A 92826C839 11,543 164,010 SH Shared-define 1, 2, 3 164,010 WAL MART STORES INC COM 931142103 16,179 300,000 SH Shared-define 1, 2, 3 300,000