Filed: 5/15/2023ACC: 0000919574-23-003187
📋 What this filing means
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. filed this quarterly 13F‑HR report disclosing 34 equity positions with a total reported market value of $386.96M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
34
Positions
$386.96M
Total AUM (reported)
58.62M
Total Shares
Allocation by class
SPON ADR REP PFD$88.63M22.9%
COM$73.63M19.0%
SPONSORED ADS$70.76M18.3%
CL A$62.93M16.3%
SPONSORED ADR$59.90M15.5%
NOTE 2.500% 3/1$6.26M1.6%
COM NEW$4.55M1.2%
Portfolio Concentration
Top 3$202.89M52.4%
4–10$141.83M36.7%
11–25$35.84M9.3%
Rest$6.40M1.7%
Top 3 weight
52.4%
Top 10 weight
89.1%
Voting Authority Distribution
Total shares with voting rights: 58.62M
Sole
Full voting authority
58.62M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole28
Shared0
Other6
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings34
Rows:
GERDAU SA
DFNDShares17.98M
TypeSH
Market value$88.63M
22.91%
Sole
17.98M
Shared
0.00
None
0.00
PETROLEO BRASILEIRO SA PETRO
DFNDShares5.74M
TypeSH
Market value$59.90M
15.48%
Sole
5.74M
Shared
0.00
None
0.00
ARCH RESOURCES INC
DFNDShares413.48K
TypeSH
Market value$54.36M
14.05%
Sole
413.48K
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
DFNDShares5.83M
TypeSH
Market value$47.11M
12.17%
Sole
5.83M
Shared
0.00
None
0.00
TERNIUM SA
DFNDShares1.08M
TypeSH
Market value$44.68M
11.55%
Sole
1.08M
Shared
0.00
None
0.00
VALE S A
DFNDShares1.65M
TypeSH
Market value$26.08M
6.74%
Sole
1.65M
Shared
0.00
None
0.00
CENTURY CASINOS INC
SOLEShares889.14K
TypeSH
Market value$6.52M
1.68%
Sole
889.14K
Shared
0.00
None
0.00
VALARIS LIMITED
SOLEShares100K
TypeSH
Market value$6.51M
1.68%
Sole
100K
Shared
0.00
None
0.00
BRIDGEBIO PHARMA INC
SOLEShares8.50M
TypeSH
Market value$6.26M
1.62%
Sole
8.50M
Shared
0.00
None
0.00
CLEAR CHANNEL OUTDOOR HLDGS
SOLEShares3.90M
TypeSH
Market value$4.68M
1.21%
Sole
3.90M
Shared
0.00
None
0.00
BROOKDALE SR LIVING INC
SOLEShares6.15M
TypeSH
Market value$4.35M
1.12%
Sole
6.15M
Shared
0.00
None
0.00
FRONTIER COMMUNICATIONS PARE
SOLEShares179.07K
TypeSH
Market value$4.08M
1.05%
Sole
179.07K
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares100K
TypeSH
Market value$3.95M
1.02%
Sole
100K
Shared
0.00
None
0.00
DELTA AIR LINES INC DEL
SOLEShares71.30K
TypeSH
Market value$2.49M
0.64%
Sole
71.30K
Shared
0.00
None
0.00
IHEARTMEDIA INC
SOLEShares627.47K
TypeSH
Market value$2.45M
0.63%
Sole
627.47K
Shared
0.00
None
0.00
ARDAGH METAL PACKAGING S A
SOLEShares598.40K
TypeSH
Market value$2.44M
0.63%
Sole
598.40K
Shared
0.00
None
0.00
MACYS INC
SOLEShares133.19K
TypeSH
Market value$2.33M
0.60%
Sole
133.19K
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares140K
TypeSH
Market value$2.11M
0.55%
Sole
140K
Shared
0.00
None
0.00
SKILLSOFT CORP
SOLEShares1.03M
TypeSH
Market value$2.07M
0.53%
Sole
1.03M
Shared
0.00
None
0.00
SAFEGUARD SCIENTIFICS INC
SOLEShares1.20M
TypeSH
Market value$2.06M
0.53%
Sole
1.20M
Shared
0.00
None
0.00
EMERALD HOLDING INC
SOLEShares464.67K
TypeSH
Market value$1.73M
0.45%
Sole
464.67K
Shared
0.00
None
0.00
BRIGHTVIEW HLDGS INC
SOLEShares280.38K
TypeSH
Market value$1.58M
0.41%
Sole
280.38K
Shared
0.00
None
0.00
VICTORIAS SECRET AND CO
SOLEShares45.65K
TypeSH
Market value$1.56M
0.40%
Sole
45.65K
Shared
0.00
None
0.00
ADVANTAGE SOLUTIONS INC
SOLEShares909.14K
TypeSH
Market value$1.44M
0.37%
Sole
909.14K
Shared
0.00
None
0.00
NORDSTROM INC
SOLEShares74.54K
TypeSH
Market value$1.21M
0.31%
Sole
74.54K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
GERDAU SADFND | SPON ADR REP PFD | 17.98M | SH | $88.63M 22.91% | 17.98M | 0.00 | 0.00 |
PETROLEO BRASILEIRO SA PETRODFND | SPONSORED ADR | 5.74M | SH | $59.90M 15.48% | 5.74M | 0.00 | 0.00 |
ARCH RESOURCES INCDFND | CL A | 413.48K | SH | $54.36M 14.05% | 413.48K | 0.00 | 0.00 |
ALGOMA STL GROUP INCDFND | COM | 5.83M | SH | $47.11M 12.17% | 5.83M | 0.00 | 0.00 |
TERNIUM SADFND | SPONSORED ADS | 1.08M | SH | $44.68M 11.55% | 1.08M | 0.00 | 0.00 |
VALE S ADFND | SPONSORED ADS | 1.65M | SH | $26.08M 6.74% | 1.65M | 0.00 | 0.00 |
CENTURY CASINOS INCSOLE | COM | 889.14K | SH | $6.52M 1.68% | 889.14K | 0.00 | 0.00 |
VALARIS LIMITEDSOLE | CL A | 100K | SH | $6.51M 1.68% | 100K | 0.00 | 0.00 |
BRIDGEBIO PHARMA INCSOLE | NOTE 2.500% 3/1 | 8.50M | SH | $6.26M 1.62% | 8.50M | 0.00 | 0.00 |
CLEAR CHANNEL OUTDOOR HLDGSSOLE | COM | 3.90M | SH | $4.68M 1.21% | 3.90M | 0.00 | 0.00 |
BROOKDALE SR LIVING INCSOLE | NOTE 2.000%10/1 | 6.15M | SH | $4.35M 1.12% | 6.15M | 0.00 | 0.00 |
FRONTIER COMMUNICATIONS PARESOLE | COM | 179.07K | SH | $4.08M 1.05% | 179.07K | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 100K | SH | $3.95M 1.02% | 100K | 0.00 | 0.00 |
DELTA AIR LINES INC DELSOLE | COM NEW | 71.30K | SH | $2.49M 0.64% | 71.30K | 0.00 | 0.00 |
IHEARTMEDIA INCSOLE | COM CL A | 627.47K | SH | $2.45M 0.63% | 627.47K | 0.00 | 0.00 |
ARDAGH METAL PACKAGING S ASOLE | SHS | 598.40K | SH | $2.44M 0.63% | 598.40K | 0.00 | 0.00 |
MACYS INCSOLE | COM | 133.19K | SH | $2.33M 0.60% | 133.19K | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 140K | SH | $2.11M 0.55% | 140K | 0.00 | 0.00 |
SKILLSOFT CORPSOLE | CL A | 1.03M | SH | $2.07M 0.53% | 1.03M | 0.00 | 0.00 |
SAFEGUARD SCIENTIFICS INCSOLE | COM NEW | 1.20M | SH | $2.06M 0.53% | 1.20M | 0.00 | 0.00 |
EMERALD HOLDING INCSOLE | COM | 464.67K | SH | $1.73M 0.45% | 464.67K | 0.00 | 0.00 |
BRIGHTVIEW HLDGS INCSOLE | COM | 280.38K | SH | $1.58M 0.41% | 280.38K | 0.00 | 0.00 |
VICTORIAS SECRET AND COSOLE | COMMON STOCK | 45.65K | SH | $1.56M 0.40% | 45.65K | 0.00 | 0.00 |
ADVANTAGE SOLUTIONS INCSOLE | COM CL A | 909.14K | SH | $1.44M 0.37% | 909.14K | 0.00 | 0.00 |
NORDSTROM INCSOLE | COM | 74.54K | SH | $1.21M 0.31% | 74.54K | 0.00 | 0.00 |
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