Q2 2025 · 13F-HR
CONTRARIAN CAPITAL MANAGEMENT, L.L.C.holdings as filed
Filed 2025-08-13 · accession 0000919574-25-004520
$349.5M
Reported value
34
Positions
2025-06-30
Period end
The Brief · CONTRARIAN CAPITAL MANAGEMENT, L.L.C. · Q2 2025
AI · grounded in 13F
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. established a new position in HSBC valued at $76.9M. The fund also initiated new stakes in GGB for $55.7M and BUR for $36.5M. Additional new positions include VALE, TX, and ASTL.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 404280406 | HSBC | HSBC HLDGS PLC | $76.9M | 22.0% | 1,265,656 | Common | SOLE |
| 373737105 | GGB | GERDAU SA | $55.7M | 15.9% | 19,069,112 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $36.5M | 10.4% | 2,556,748 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $34.5M | 9.87% | 3,551,171 | Common | SOLE |
| 880890108 | TX | TERNIUM SA | $29.9M | 8.55% | 992,413 | Common | SOLE |
| 015658107 | ASTL | ALGOMA STL GROUP INC | $24.6M | 7.04% | 3,572,018 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO SA PETRO | $24.1M | 6.90% | 1,928,173 | Common | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $15.3M | 4.37% | 219,243 | Common | SOLE |
| 53680QAA6 | LARCN 1.75 01/15/27 | LITHIUM ARGENTINA AG | $13.0M | 3.72% | 16,000,000 | Common | SOLE |
| 29103W104 | EEX | EMERALD HOLDING INC | $3.8M | 1.09% | 783,862 | Common | SOLE |
| 635309206 | NCMI | NATIONAL CINEMEDIA INC | $3.6M | 1.03% | 739,899 | Common | SOLE |
| 10948C107 | BV | BRIGHTVIEW HLDGS INC | $3.4M | 0.98% | 206,566 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $3.4M | 0.97% | 119,500 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP | $2.8M | 0.80% | 200,000 | Common | SOLE |
| 55616P104 | M | MACYS INC | $2.3M | 0.67% | 200,000 | Common | SOLE |
| 78573M104 | SABR | SABRE CORP | $2.2M | 0.64% | 705,000 | Common | SOLE |
| 00791N102 | — | ADVANTAGE SOLUTIONS INC | $2.1M | 0.61% | 1,611,140 | Common | SOLE |
| 156492100 | CNTY | CENTURY CASINOS INC | $1.9M | 0.54% | 889,144 | Common | SOLE |
| 724479100 | PBI | PITNEY BOWES INC | $1.7M | 0.50% | 160,000 | Common | SOLE |
| 18453H106 | CCO | CLEAR CHANNEL OUTDOOR HLDGS | $1.7M | 0.49% | 1,452,614 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $1.6M | 0.46% | 60,000 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $1.3M | 0.38% | 31,434 | Common | SOLE |
| 927959106 | VNOMUSD | VIPER ENERGY INC | $1.2M | 0.35% | 32,114 | Common | SOLE |
| 81282V100 | PRKS | UNITED PARKS & RESORTS INC | $1.1M | 0.30% | 22,500 | Common | SOLE |
| 185899101 | CLF | CLEVELAND-CLIFFS INC NEW | $874,000 | 0.25% | 115,000 | Common | SOLE |
| 63001N106 | NATL | NCR ATLEOS CORPORATION | $827,370 | 0.24% | 29,000 | Common | SOLE |
| 62886E108 | VYX | NCR VOYIX CORPORATION | $551,310 | 0.16% | 47,000 | Common | SOLE |
| 83066P309 | SKIL | SKILLSOFT CORP | $550,965 | 0.16% | 34,500 | Common | SOLE |
| 577081102 | MAT | MATTEL INC | $394,400 | 0.11% | 20,000 | Common | SOLE |
| L02235106 | AMBP | ARDAGH METAL PACKAGING S A | $385,200 | 0.11% | 90,000 | Common | SOLE |
| 527064109 | — | LESLIES INC | $372,498 | 0.11% | 887,112 | Common | SOLE |
| 55939A107 | MAGN | MAGNERA CORP | $338,240 | 0.10% | 28,000 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $288,255 | 0.08% | 5,500 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $262,320 | 0.08% | 24,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.