13F-HR 1 d1332715_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: September 30, 2012 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 November 14, 2012 ----------------------- ------------------------ --------------------- [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: 74 Form 13F Information Table Value Total: $1,293,100 (in thousands) 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. 028-13397 Cobalt Offshore Master Fund LP 2. 028-10572 Cobalt Partners, L.P. 3. 028-12326 Cobalt Partners II, L.P. FORM 13F INFORMATION TABLE Cobalt Capital Management, Inc. September 30, 2012

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHRD NONE ----------------------------- ---------------- --------- -------- ---------- --- ---- -------------- ----- ----------------- ACE LTD SHS H0023R105 33,113 438,000 SH SHARED-DEFINED 1,2,3 438,000 AGRIUM INC COM 008916108 46,652 450,919 SH SHARED-DEFINED 1,2,3 450,919 ALPHA NATURAL RESOURCES INC NOTE 2.375% 4/1 02076XAA0 2,638 3,000,000 PRN SHARED-DEFINED 1,2,3 3,000,000 AMERICAN INTL GROUP INC COM NEW 026874784 57,907 1,766,000 SH SHARED-DEFINED 1,2,3 1,766,000 APPLE INC COM 037833100 13,142 19,700 SH SHARED-DEFINED 1,2,3 19,700 ASHLAND INC NEW COM 044209104 7,160 100,000 SH SHARED-DEFINED 1,2,3 100,000 ATLAS ENERGY LP COM UNITS LP 04930A104 47,746 1,382,351 SH SHARED-DEFINED 1,2,3 1,382,351 ATLAS RESOURCE PARTNERS LP COM UNT LTD PR 04941A101 9,669 378,880 SH SHARED-DEFINED 1,2,3 378,880 B/E AEROSPACE INC COM 073302101 4,484 106,478 SH SHARED-DEFINED 1,2,3 106,478 BARRICK GOLD CORP COM 067901108 37,258 892,205 SH SHARED-DEFINED 1,2,3 892,205 CABOT OIL & GAS CORP COM 127097103 33,662 749,700 SH SHARED-DEFINED 1,2,3 749,700 CALPINE CORP COM NEW 131347304 3,406 196,900 SH SHARED-DEFINED 1,2,3 196,900 CAPITAL ONE FINL CORP COM 14040H105 31,350 549,900 SH SHARED-DEFINED 1,2,3 549,900 CELANESE CORP DEL COM SER A 150870103 7,582 200,000 SH SHARED-DEFINED 1,2,3 200,000 CF INDS HLDGS INC COM 125269100 8,890 40,000 SH SHARED-DEFINED 1,2,3 40,000 CHEVRON CORP NEW COM 166764100 5,735 49,200 SH SHARED-DEFINED 1,2,3 49,200 CIGNA CORPORATION COM 125509109 8,774 186,010 SH SHARED-DEFINED 1,2,3 186,010 COACH INC COM 189754104 5,518 98,500 SH SHARED-DEFINED 1,2,3 98,500 COBALT INTL ENERGY INC COM 19075F106 1,942 87,218 SH SHARED-DEFINED 1,2,3 87,218 COMCAST CORP NEW CL A SPL 20030N200 6,910 198,500 SH SHARED-DEFINED 1,2,3 198,500 CONOCOPHILLIPS COM 20825C104 40,610 710,221 SH SHARED-DEFINED 1,2,3 710,221 COOPER INDUSTRIES PLC SHS G24140108 15,763 210,000 SH SHARED-DEFINED 1,2,3 210,000 CROWN HOLDINGS INC COM 228368106 3,620 98,500 SH SHARED-DEFINED 1,2,3 98,500 DELPHI AUTOMOTIVE PLC SHS G27823106 24,233 781,700 SH SHARED-DEFINED 1,2,3 781,700 DENBURY RES INC COM NEW 247916208 23,012 1,424,000 SH SHARED-DEFINED 1,2,3 1,424,000 DEVON ENERGY CORP NEW COM 25179M103 15,125 250,000 SH SHARED-DEFINED 1,2,3 250,000 DIGITALGLOBE INC COM NEW 25389M877 2,008 98,500 SH SHARED-DEFINED 1,2,3 98,500 DISCOVER FINL SVCS COM 254709108 2,582 65,000 SH SHARED-DEFINED 1,2,3 65,000 ECHOSTAR CORP CL A 278768106 4,821 168,214 SH SHARED-DEFINED 1,2,3 168,214 ENERGY XXI (BERMUDA) LTD USD UNRS SHS G10082140 20,651 590,700 SH SHARED-DEFINED 1,2,3 590,700 EQT CORP COM 26884L109 8,220 139,316 SH SHARED-DEFINED 1,2,3 139,316 FREEPORT-MCMORAN COPPER & GOC COM 35671D857 21,769 550,000 SH SHARED-DEFINED 1,2,3 550,000 FUSION-IO INC COM 36112J107 7,498 247,700 SH SHARED-DEFINED 1,2,3 247,700 GENON ENERGY INC COM 37244E107 797 315,200 SH SHARED-DEFINED 1,2,3 315,200 GOODYEAR TIRE & RUBR CO COM 382550101 2,438 200,000 SH SHARED-DEFINED 1,2,3 200,000 HARTFORD FINL SVCS GROUP INC COM 416515104 17,436 896,900 SH SHARED-DEFINED 1,2,3 896,900 HARVEST NATURAL RESOURCES IN COM 41754V103 3,876 434,478 SH SHARED-DEFINED 1,2,3 434,478 HERTZ GLOBAL HOLDINGS INC COM 42805T105 10,816 787,800 SH SHARED-DEFINED 1,2,3 787,800 HESS CORP COM 42809H107 2,940 54,732 SH SHARED-DEFINED 1,2,3 54,732 HOLLYFRONTIER CORP COM 436106108 29,545 715,906 SH SHARED-DEFINED 1,2,3 715,906 JOHNSON CTLS INC COM 478366107 9,808 357,957 SH SHARED-DEFINED 1,2,3 357,957 KKR FINANCIAL HLDGS LLC COM 48248A306 43,587 4,337,060 SH SHARED-DEFINED 1,2,3 4,337,060 KKR FINANCIAL HLDGS LLC NOTE 7.500% 1/1 48248AAD0 51,467 34,285,000 PRN SHARED-DEFINED 1,2,3 34,285,000 LENNAR CORP CL A 526057104 27,824 800,218 SH SHARED-DEFINED 1,2,3 800,218 LIBERTY GLOBAL INC COM SER A 530555101 30,520 502,394 SH SHARED-DEFINED 1,2,3 502,394 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 10,332 200,000 SH SHARED-DEFINED 1,2,3 200,000 MARATHON PETE CORP COM 56585A102 60,486 1,108,000 SH SHARED-DEFINED 1,2,3 1,108,000 METLIFE INC COM 59156R108 40,101 1,163,700 SH SHARED-DEFINED 1,2,3 1,163,700 MICHAEL KORS HLDGS LTD SHS G60754101 12,056 226,700 SH SHARED-DEFINED 1,2,3 226,700 MOSAIC CO NEW COM 61945C103 6,463 112,179 SH SHARED-DEFINED 1,2,3 112,179 NETFLIX INC COM 64110L106 4,000 73,471 SH SHARED-DEFINED 1,2,3 73,471 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 2,563 71,624 SH SHARED-DEFINED 1,2,3 71,624 NRG ENERGY INC COM NEW 629377508 33,189 1,551,594 SH SHARED-DEFINED 1,2,3 1,551,594 OCCIDENTAL PETE CORP DEL COM 674599105 25,689 298,500 SH SHARED-DEFINED 1,2,3 298,500 PEABODY ENERGY CORP COM 704549104 7,599 340,900 SH SHARED-DEFINED 1,2,3 340,900 PIONEER NAT RES CO COM 723787107 14,632 140,154 SH SHARED-DEFINED 1,2,3 140,154 PROSHARES TR PSHS ULTSH 20YRS 74347R297 13,734 880,919 SH SHARED-DEFINED 1,2,3 880,919 PULTE GROUP INC COM 745867101 1,550 100,000 SH SHARED-DEFINED 1,2,3 100,000 QUALCOMM INC COM 747525103 18,647 298,500 SH SHARED-DEFINED 1,2,3 298,500 SILVER WHEATON CORP COM 828336107 3,971 100,000 SH SHARED-DEFINED 1,2,3 100,000 SPDR GOLD TRUST GOLD SHS 78463V107 64,020 372,450 SH SHARED-DEFINED 1,2,3 372,450 SUNCOKE ENERGY INC COM 86722A103 793 49,200 SH SHARED-DEFINED 1,2,3 49,200 TENNECO INC COM 880349105 17,070 609,627 SH SHARED-DEFINED 1,2,3 609,627 TESORO CORP COM 881609101 20,208 482,300 SH SHARED-DEFINED 1,2,3 482,300 THERMO FISHER SCIENTIFIC INC COM 883556102 11,631 197,700 SH SHARED-DEFINED 1,2,3 197,700 TRANSOCEAN LTD REG SHS H8817H100 19,442 433,093 SH SHARED-DEFINED 1,2,3 433,093 U S AIRWAYS GROUP INC COM 90341W108 8,205 784,416 SH SHARED-DEFINED 1,2,3 784,416 UNITED CONTL HLDGS INC COM 910047109 1,950 100,000 SH SHARED-DEFINED 1,2,3 100,000 UNITED RENTALS INC COM 911363109 17,451 533,509 SH SHARED-DEFINED 1,2,3 533,509 VISA INC COM CL A 92826C839 5,371 40,000 SH SHARED-DEFINED 1,2,3 40,000 VISTEON CORP COM NEW 92839U206 21,814 490,648 SH SHARED-DEFINED 1,2,3 490,648 WESTERN REFNG INC COM 959319104 9,346 357,000 SH SHARED-DEFINED 1,2,3 357,000 WHITING PETE CORP NEW COM 966387102 43,088 909,403 SH SHARED-DEFINED 1,2,3 909,403 YAHOO INC COM 984332106 3,195 200,000 SH SHARED-DEFINED 1,2,3 200,000

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