Filed: 2/12/2024ACC: 0000919574-24-000843
📋 What this filing means
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. filed this quarterly 13F‑HR report disclosing 31 equity positions with a total reported market value of $410.65M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
31
Positions
$410.65M
Total AUM (reported)
48.27M
Total Shares
Allocation by class
SPON ADR REP PFD$88.47M21.5%
SPONSORED ADS$80.44M19.6%
SPONSORED ADR$72.28M17.6%
CL A$70.37M17.1%
COM$69.18M16.8%
COM NEW$10.19M2.5%
COM CL A$6.23M1.5%
Portfolio Concentration
Top 3$226.84M55.2%
4–10$147.23M35.9%
11–25$33.42M8.1%
Rest$3.16M0.8%
Top 3 weight
55.2%
Top 10 weight
91.1%
Voting Authority Distribution
Total shares with voting rights: 48.27M
Sole
Full voting authority
48.27M
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)
Sole24
Shared0
Other7
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings31
Rows:
GERDAU SA
DFNDShares18.24M
TypeSH
Market value$88.47M
21.54%
Sole
18.24M
Shared
0.00
None
0.00
PETROLEO BRASILEIRO SA PETRO
DFNDShares4.53M
TypeSH
Market value$72.28M
17.60%
Sole
4.53M
Shared
0.00
None
0.00
ARCH RESOURCES INC
DFNDShares398.31K
TypeSH
Market value$66.10M
16.10%
Sole
398.31K
Shared
0.00
None
0.00
TERNIUM SA
DFNDShares1.12M
TypeSH
Market value$47.48M
11.56%
Sole
1.12M
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
DFNDShares4.46M
TypeSH
Market value$44.78M
10.90%
Sole
4.46M
Shared
0.00
None
0.00
VALE S A
DFNDShares2.08M
TypeSH
Market value$32.96M
8.03%
Sole
2.08M
Shared
0.00
None
0.00
NATIONAL CINEMEDIA INC
SOLEShares1.54M
TypeSH
Market value$6.38M
1.55%
Sole
1.54M
Shared
0.00
None
0.00
BROOKDALE SR LIVING INC
SOLEShares6.15M
TypeSH
Market value$5.58M
1.36%
Sole
6.15M
Shared
0.00
None
0.00
CLEAR CHANNEL OUTDOOR HLDGS
SOLEShares3M
TypeSH
Market value$5.46M
1.33%
Sole
3M
Shared
0.00
None
0.00
ADVANTAGE SOLUTIONS INC
SOLEShares1.27M
TypeSH
Market value$4.60M
1.12%
Sole
1.27M
Shared
0.00
None
0.00
EMERALD HOLDING INC
SOLEShares739.79K
TypeSH
Market value$4.42M
1.08%
Sole
739.79K
Shared
0.00
None
0.00
CENTURY CASINOS INC
SOLEShares889.14K
TypeSH
Market value$4.34M
1.06%
Sole
889.14K
Shared
0.00
None
0.00
MACYS INC
SOLEShares185.19K
TypeSH
Market value$3.73M
0.91%
Sole
185.19K
Shared
0.00
None
0.00
DELTA AIR LINES INC DEL
SOLEShares71.30K
TypeSH
Market value$2.87M
0.70%
Sole
71.30K
Shared
0.00
None
0.00
BRIGHTVIEW HLDGS INC
SOLEShares298.38K
TypeSH
Market value$2.51M
0.61%
Sole
298.38K
Shared
0.00
None
0.00
ARDAGH METAL PACKAGING S A
SOLEShares638.40K
TypeSH
Market value$2.45M
0.60%
Sole
638.40K
Shared
0.00
None
0.00
VALARIS LTD
SOLEShares31.43K
TypeSH
Market value$2.16M
0.52%
Sole
31.43K
Shared
0.00
None
0.00
VIPER ENERGY INC
SOLEShares67.56K
TypeSH
Market value$2.12M
0.52%
Sole
67.56K
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares167K
TypeSH
Market value$1.90M
0.46%
Sole
167K
Shared
0.00
None
0.00
IHEARTMEDIA INC
SOLEShares613.73K
TypeSH
Market value$1.64M
0.40%
Sole
613.73K
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares31.44K
TypeSH
Market value$1.51M
0.37%
Sole
31.44K
Shared
0.00
None
0.00
PITNEY BOWES INC
SOLEShares245K
TypeSH
Market value$1.08M
0.26%
Sole
245K
Shared
0.00
None
0.00
SAFEGUARD SCIENTIFICS INC
SOLEShares1.20M
TypeSH
Market value$940.8K
0.23%
Sole
1.20M
Shared
0.00
None
0.00
ALTA EQUIPMENT GROUP INC
SOLEShares72K
TypeSH
Market value$890.6K
0.22%
Sole
72K
Shared
0.00
None
0.00
PLAYAGS INC
SOLEShares102K
TypeSH
Market value$859.9K
0.21%
Sole
102K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
GERDAU SADFND | SPON ADR REP PFD | 18.24M | SH | $88.47M 21.54% | 18.24M | 0.00 | 0.00 |
PETROLEO BRASILEIRO SA PETRODFND | SPONSORED ADR | 4.53M | SH | $72.28M 17.60% | 4.53M | 0.00 | 0.00 |
ARCH RESOURCES INCDFND | CL A | 398.31K | SH | $66.10M 16.10% | 398.31K | 0.00 | 0.00 |
TERNIUM SADFND | SPONSORED ADS | 1.12M | SH | $47.48M 11.56% | 1.12M | 0.00 | 0.00 |
ALGOMA STL GROUP INCDFND | COM | 4.46M | SH | $44.78M 10.90% | 4.46M | 0.00 | 0.00 |
VALE S ADFND | SPONSORED ADS | 2.08M | SH | $32.96M 8.03% | 2.08M | 0.00 | 0.00 |
NATIONAL CINEMEDIA INCSOLE | COM NEW | 1.54M | SH | $6.38M 1.55% | 1.54M | 0.00 | 0.00 |
BROOKDALE SR LIVING INCSOLE | NOTE 2.000%10/1 | 6.15M | SH | $5.58M 1.36% | 6.15M | 0.00 | 0.00 |
CLEAR CHANNEL OUTDOOR HLDGSSOLE | COM | 3M | SH | $5.46M 1.33% | 3M | 0.00 | 0.00 |
ADVANTAGE SOLUTIONS INCSOLE | COM CL A | 1.27M | SH | $4.60M 1.12% | 1.27M | 0.00 | 0.00 |
EMERALD HOLDING INCSOLE | COM | 739.79K | SH | $4.42M 1.08% | 739.79K | 0.00 | 0.00 |
CENTURY CASINOS INCSOLE | COM | 889.14K | SH | $4.34M 1.06% | 889.14K | 0.00 | 0.00 |
MACYS INCSOLE | COM | 185.19K | SH | $3.73M 0.91% | 185.19K | 0.00 | 0.00 |
DELTA AIR LINES INC DELSOLE | COM NEW | 71.30K | SH | $2.87M 0.70% | 71.30K | 0.00 | 0.00 |
BRIGHTVIEW HLDGS INCSOLE | COM | 298.38K | SH | $2.51M 0.61% | 298.38K | 0.00 | 0.00 |
ARDAGH METAL PACKAGING S ASOLE | SHS | 638.40K | SH | $2.45M 0.60% | 638.40K | 0.00 | 0.00 |
VALARIS LTDSOLE | CL A | 31.43K | SH | $2.16M 0.52% | 31.43K | 0.00 | 0.00 |
VIPER ENERGY INCSOLE | CL A | 67.56K | SH | $2.12M 0.52% | 67.56K | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 167K | SH | $1.90M 0.46% | 167K | 0.00 | 0.00 |
IHEARTMEDIA INCSOLE | COM CL A | 613.73K | SH | $1.64M 0.40% | 613.73K | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 31.44K | SH | $1.51M 0.37% | 31.44K | 0.00 | 0.00 |
PITNEY BOWES INCSOLE | COM | 245K | SH | $1.08M 0.26% | 245K | 0.00 | 0.00 |
SAFEGUARD SCIENTIFICS INCSOLE | COM NEW | 1.20M | SH | $940.8K 0.23% | 1.20M | 0.00 | 0.00 |
ALTA EQUIPMENT GROUP INCSOLE | COMMON STOCK | 72K | SH | $890.6K 0.22% | 72K | 0.00 | 0.00 |
PLAYAGS INCSOLE | COM | 102K | SH | $859.9K 0.21% | 102K | 0.00 | 0.00 |
Page 1 of 2