Q3 2025 · 13F-HR
CONTRARIAN CAPITAL MANAGEMENT, L.L.C.holdings as filed
Filed 2025-11-13 · accession 0000919574-25-006672
$396.3M
Reported value
36
Positions
2025-09-30
Period end
The Brief · CONTRARIAN CAPITAL MANAGEMENT, L.L.C. · Q3 2025
AI · grounded in 13F
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. established a new position in HSBC valued at $89.8M. The fund also added new stakes in GGB for $59.1M and BUR for $48.4M. Other new entries include VALE, TX, and BABA.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 404280406 | HSBC | HSBC HLDGS PLC | $89.8M | 22.7% | 1,265,656 | Common | SOLE |
| 373737105 | GGB | GERDAU SA | $59.1M | 14.9% | 19,069,112 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $48.4M | 12.2% | 4,044,998 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $38.6M | 9.73% | 3,551,171 | Common | SOLE |
| 880890108 | TX | TERNIUM SA | $34.5M | 8.70% | 992,413 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $25.7M | 6.48% | 143,760 | Common | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $18.3M | 4.62% | 219,243 | Common | SOLE |
| 53680QAA6 | LARCN 1.75 01/15/27 | LITHIUM ARGENTINA AG | $14.3M | 3.60% | 16,000,000 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC | $13.5M | 3.40% | 102,139 | Common | SOLE |
| 015658107 | ASTL | ALGOMA STL GROUP INC | $7.2M | 1.83% | 2,037,686 | Common | SOLE |
| 29103W104 | EEX | EMERALD HOLDING INC | $4.5M | 1.13% | 879,000 | Common | SOLE |
| 18453H106 | CCO | CLEAR CHANNEL OUTDOOR HLDGS | $4.0M | 1.01% | 2,521,871 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $3.9M | 0.99% | 145,500 | Common | SOLE |
| 55616P104 | M | MACYS INC | $3.6M | 0.90% | 200,000 | Common | SOLE |
| 635309206 | NCMI | NATIONAL CINEMEDIA INC | $3.3M | 0.84% | 739,899 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP | $3.0M | 0.76% | 200,000 | Common | SOLE |
| 912932100 | UNIT | UNITI GROUP LLC | $2.8M | 0.70% | 454,810 | Common | SOLE |
| 10948C107 | BV | BRIGHTVIEW HLDGS INC | $2.6M | 0.67% | 197,000 | Common | SOLE |
| 00791N102 | — | ADVANTAGE SOLUTIONS INC | $2.6M | 0.66% | 1,700,000 | Common | SOLE |
| 156492100 | CNTY | CENTURY CASINOS INC | $2.3M | 0.59% | 889,144 | Common | SOLE |
| 724479100 | PBI | PITNEY BOWES INC | $1.8M | 0.46% | 159,000 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $1.7M | 0.43% | 60,000 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $1.5M | 0.39% | 31,434 | Common | SOLE |
| 185899101 | CLF | CLEVELAND-CLIFFS INC NEW | $1.4M | 0.35% | 115,000 | Common | SOLE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $1.2M | 0.31% | 32,114 | Common | SOLE |
| 63001N106 | NATL | NCR ATLEOS CORPORATION | $1.1M | 0.28% | 28,500 | Common | SOLE |
| 81282V100 | PRKS | UNITED PARKS & RESORTS INC | $1.1M | 0.28% | 21,500 | Common | SOLE |
| 98262P200 | WW | WW INTL INC | $768,570 | 0.19% | 28,091 | Common | SOLE |
| 62886E108 | VYX | NCR VOYIX CORPORATION | $602,400 | 0.15% | 48,000 | Common | SOLE |
| 911163103 | UNFI | UNITED NAT FOODS INC | $545,490 | 0.14% | 14,500 | Common | SOLE |
| 83066P309 | SKIL | SKILLSOFT CORP | $540,330 | 0.14% | 41,500 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $434,610 | 0.11% | 33,000 | Common | SOLE |
| 78573M104 | SABR | SABRE CORP | $411,750 | 0.10% | 225,000 | Common | SOLE |
| L02235106 | AMBP | ARDAGH METAL PACKAGING S A | $379,050 | 0.10% | 95,000 | Common | SOLE |
| 577081102 | MAT | MATTEL INC | $370,260 | 0.09% | 22,000 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $331,850 | 0.08% | 5,000 | 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.