13F-HR 1 d1098018_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 March 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 May 17, 2010 ----------------------- -------------------------- ---------------------- [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: 86 Form 13F Information Table Value Total: $ 1,929,399 (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 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE ACE LTD SHS H0023R105 65,639 1,255,050 SH Shared-defined 1,2,3 1,255,050 ADVANCED MICRO DEVICES INC NOTE 5.750% 8/1 007903AN7 29,133 29,000,000 PRN Shared-defined 1,2,3 29,000,000 AMERICAN EAGLE OUTFITTERS NE COM 02553E106 6,667 360,000 SH Shared-defined 1,2,3 360,000 AMERICAN TOWER CORP CL A 029912201 4,261 100,000 SH Shared-defined 1,2,3 100,000 APACHE CORP COM 037411105 67,639 666,394 SH Shared-defined 1,2,3 666,394 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 19,760 450,000 SH Shared-defined 1,2,3 450,000 ARVINMERITOR INC COM 043353101 33,511 2,510,159 SH Shared-defined 1,2,3 2,510,159 ATLAS ENERGY INC COM 049298102 104,602 3,361,248 SH Shared-defined 1,2,3 3,361,248 BARRETT BILL CORP NOTE 5.000% 3/1 06846NAA2 2,951 3,000,000 PRN Shared-defined 1,2,3 3,000,000 BJ SVCS CO COM 055482103 28,199 1,317,697 SH Shared-defined 1,2,3 1,317,697 BJS WHOLESALE CLUB INC COM 05548J106 3,699 100,000 SH Shared-defined 1,2,3 100,000 BMC SOFTWARE INC COM 055921100 9,500 250,000 SH Shared-defined 1,2,3 250,000 BRINKS HOME SEC HLDGS INC COM 109699108 9,361 220,000 SH Shared-defined 1,2,3 220,000 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 2,138 100,000 SH Shared-defined 1,2,3 100,000 BUCYRUS INTL INC NEW COM 118759109 23,097 350,000 SH Shared-defined 1,2,3 350,000 CHIQUITA BRANDS INTL INC COM 170032809 787 50,000 SH Shared-defined 1,2,3 50,000 CISCO SYS INC COM 17275R102 7,809 300,000 SH Shared-defined 1,2,3 300,000 CIT GROUP INC COM NEW 125581801 27,272 700,000 SH Shared-defined 1,2,3 700,000 CLIFFS NATURAL RESOURCES INC COM 18683K101 30,686 432,500 SH Shared-defined 1,2,3 432,500 COLLECTIVE BRANDS INC COM 19421W100 10,206 448,829 SH Shared-defined 1,2,3 448,829 COMPASS MINERALS INTL INC COM 20451N101 17,736 221,062 SH Shared-defined 1,2,3 221,062 CROWN CASTLE INTL CORP COM 228227104 90,983 2,379,887 SH Shared-defined 1,2,3 2,379,887 CROWN HOLDINGS INC COM 228368106 4,596 170,465 SH Shared-defined 1,2,3 170,465 CVS CAREMARK CORPORATION COM 126650100 25,428 695,525 SH Shared-defined 1,2,3 695,525 DANA HOLDING CORP COM 235825205 32,371 2,724,859 SH Shared-defined 1,2,3 2,724,859 DEVELOPERS DIVERSIFIED RLTY NOTE 3.500% 8/1 251591AQ6 23,118 23,500,000 PRN Shared-defined 1,2,3 23,500,000 DEVELOPERS DIVERSIFIED RLTY NOTE 3.000% 3/1 251591AS2 14,318 14,700,000 PRN Shared-defined 1,2,3 14,700,000 DOMTAR CORP COM NEW 257559203 57,795 897,302 SH Shared-defined 1,2,3 897,302 E TRADE FINANCIAL CORP COM 269246104 12,012 7,269,000 SH Shared-defined 1,2,3 7,269,000 EAGLE BULK SHIPPING INC COM Y2187A101 3,139 591,100 SH Shared-defined 1,2,3 591,100 ENERGY XXI (BERMUDA) LTD USD UNRS SHS G10082140 12,337 688,830 SH Shared-defined 1,2,3 688,830 ETFS GOLD TR SHS 26922Y105 778 7,000 SH Shared-defined 1,2,3 7,000 GAP INC DEL COM 364760108 16,177 700,000 SH Shared-defined 1,2,3 700,000 GOLDMAN SACHS GROUP INC COM 38141G104 5,766 33,790 SH Shared-defined 1,2,3 33,790 GRAFTECH INTL LTD COM 384313102 860 62,924 SH Shared-defined 1,2,3 62,924 HESS CORP COM 42809H107 45,712 730,800 SH Shared-defined 1,2,3 730,800 INTEL CORP COM 458140100 16,566 743,200 SH Shared-defined 1,2,3 743,200 INTERNATIONAL BUSINESS MACHS COM 459200101 20,572 160,406 SH Shared-defined 1,2,3 160,406 INTL PAPER CO COM 460146103 62,937 2,557,366 SH Shared-defined 1,2,3 2,557,366 JONES APPAREL GROUP INC COM 480074103 2,250 118,300 SH Shared-defined 1,2,3 118,300 JOY GLOBAL INC COM 481165108 23,343 412,500 SH Shared-defined 1,2,3 412,500 JPMORGAN CHASE & CO COM 46625H100 65,657 1,467,200 SH Shared-defined 1,2,3 1,467,200 KKR FINANCIAL HLDGS LLC NOTE 7.500% 1/1 48248AAD0 17,635 14,440,000 PRN Shared-defined 1,2,3 14,440,000 KKR FINANCIAL HLDGS LLC NOTE 7.000% 7/1 48248AAB4 21,275 21,275,000 PRN Shared-defined 1,2,3 21,275,000 KKR FINANCIAL HLDGS LLC COM 48248A306 58,535 7,129,674 SH Shared-defined 1,2,3 7,129,674 LEAR CORP COM NEW 521865204 44,322 558,563 SH Shared-defined 1,2,3 558,563 LEGGETT & PLATT INC COM 524660107 1,082 50,000 SH Shared-defined 1,2,3 50,000 LENNAR CORP CL A 526057104 7,662 445,200 SH Shared-defined 1,2,3 445,200 LIFE TECHNOLOGIES CORP COM 53217V109 1,045 20,000 SH Shared-defined 1,2,3 20,000 LINCOLN NATL CORP IND COM 534187109 18,713 609,528 SH Shared-defined 1,2,3 609,528 LOWES COS INC COM 548661107 38,008 1,568,000 SH Shared-defined 1,2,3 1,568,000 MARTIN MARIETTA MATLS INC COM 573284106 4,178 50,000 SH Shared-defined 1,2,3 50,000 MASTERCARD INC CL A 57636Q104 47,573 187,296 SH Shared-defined 1,2,3 187,296 MFA FINANCIAL INC COM 55272X102 6,232 846,753 SH Shared-defined 1,2,3 846,753 MICRON TECHNOLOGY INC COM 595112103 6,222 600,000 SH Shared-defined 1,2,3 600,000 MICROSOFT CORP COM 594918104 5,858 200,000 SH Shared-defined 1,2,3 200,000 MORGAN STANLEY COM NEW 617446448 4,394 150,000 SH Shared-defined 1,2,3 150,000 MOSAIC CO COM 61945A107 51,717 851,030 SH Shared-defined 1,2,3 851,030 NAVISTAR INTL CORP NEW COM 63934E108 27,413 612,866 SH Shared-defined 1,2,3 612,866 NCR CORP NEW COM 62886E108 8,970 650,000 SH Shared-defined 1,2,3 650,000 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 29,456 704,356 SH Shared-defined 1,2,3 704,356 NORTHERN OIL & GAS INC NEV COM 665531109 793 50,000 SH Shared-defined 1,2,3 50,000 NOVELLUS SYS INC COM 670008101 11,246 450,000 SH Shared-defined 1,2,3 450,000 OWENS ILL INC COM NEW 690768403 11,680 328,653 SH Shared-defined 1,2,3 328,653 PENN VA CORP NOTE 4.500%11/1 707882AA4 16,177 17,000,000 PRN Shared-defined 1,2,3 17,000,000 PMI GROUP INC COM 69344M101 2,844 524,800 SH Shared-defined 1,2,3 524,800 PNC FINL SVCS GROUP INC COM 693475105 24,179 405,000 SH Shared-defined 1,2,3 405,000 PROLOGIS NOTE 2.250% 4/0 743410AQ5 13,682 14,000,000 PRN Shared-defined 1,2,3 14,000,000 PROSHARES TR PSHS ULTSH 20YRS 74347R297 32,622 670,000 SH Shared-defined 1,2,3 670,000 QUALCOMM INC COM 747525103 420 10,000 SH Shared-defined 1,2,3 10,000 SPDR GOLD TRUST GOLD SHS 78463V107 51,774 475,213 SH Shared-defined 1,2,3 475,213 STEEL DYNAMICS INC COM 858119100 6,650 380,655 SH Shared-defined 1,2,3 380,655 SUNOCO INC COM 86764P109 3,268 110,000 SH Shared-defined 1,2,3 110,000 TEMPLE INLAND INC COM 879868107 6,129 300,000 SH Shared-defined 1,2,3 300,000 TRANSOCEAN LTD REG SHS H8817H100 25,181 291,509 SH Shared-defined 1,2,3 291,509 TYCO INTERNATIONAL LTD SHS H89128104 22,950 600,000 SH Shared-defined 1,2,3 600,000 UAL CORP NOTE 4.500% 6/3 902549AH7 35,514 36,000,000 PRN Shared-defined 1,2,3 36,000,000 UNION PAC CORP COM 907818108 42,946 585,900 SH Shared-defined 1,2,3 585,900 VALE S A ADR REPSTG PFD 91912E204 47,192 1,700,000 SH Shared-defined 1,2,3 1,700,000 VALERO ENERGY CORP NEW COM 91913Y100 1,970 100,000 SH Shared-defined 1,2,3 100,000 VISA INC COM CL A 92826C839 12,963 142,400 SH Shared-defined 1,2,3 142,400 WAL MART STORES INC COM 931142103 11,120 200,000 SH Shared-defined 1,2,3 200,000 WALTER ENERGY INC COM 93317Q105 53,341 578,100 SH Shared-defined 1,2,3 578,100 WELLS FARGO & CO NEW COM 949746101 3,112 100,000 SH Shared-defined 1,2,3 100,000 WYNDHAM WORLDWIDE CORP COM 98310W108 23,400 909,425 SH Shared-defined 1,2,3 909,425 XTO ENERGY INC COM 98385X106 26,588 563,541 SH Shared-defined 1,2,3 563,541
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