Filed: 2/13/2025ACC: 0000919574-25-001121
📋 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 $295.30M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
34
Positions
$295.30M
Total AUM (reported)
51.95M
Total Shares
Allocation by class
COM$64.12M21.7%
SPONSORED ADS$61.56M20.8%
SPON ADR REP PFD$55.35M18.7%
SPONSORED ADR$50.24M17.0%
CL A$28.80M9.8%
SPON ADR NEW$11.91M4.0%
NOTE 1.750% 1/1$9.59M3.2%
Portfolio Concentration
Top 3$140.52M47.6%
4–10$115.26M39.0%
11–25$35.25M11.9%
Rest$4.27M1.4%
Top 3 weight
47.6%
Top 10 weight
86.6%
Voting Authority Distribution
Total shares with voting rights: 295.30M
Sole
Full voting authority
295.30M
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)
Sole27
Shared0
Other7
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings34
Rows:
GERDAU SA
DFNDShares19.22M
TypeSH
Market value$55.35M
18.74%
Sole
55.35M
Shared
0.00
None
0.00
PETROLEO BRASILEIRO SA PETRO
DFNDShares3.91M
TypeSH
Market value$50.24M
17.01%
Sole
50.24M
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
DFNDShares3.57M
TypeSH
Market value$34.93M
11.83%
Sole
34.93M
Shared
0.00
None
0.00
VALE S A
DFNDShares3.69M
TypeSH
Market value$32.70M
11.07%
Sole
32.70M
Shared
0.00
None
0.00
TERNIUM SA
DFNDShares992.41K
TypeSH
Market value$28.86M
9.77%
Sole
28.86M
Shared
0.00
None
0.00
ARCH RESOURCES INC
DFNDShares165.34K
TypeSH
Market value$23.35M
7.91%
Sole
23.35M
Shared
0.00
None
0.00
HSBC HLDGS PLC
SOLEShares240.88K
TypeSH
Market value$11.91M
4.03%
Sole
11.91M
Shared
0.00
None
0.00
LITHIUM AMERICAS ARGENTINA C
SOLEShares12.50M
TypeSH
Market value$9.59M
3.25%
Sole
9.59M
Shared
0.00
None
0.00
NATIONAL CINEMEDIA INC
SOLEShares739.90K
TypeSH
Market value$4.91M
1.66%
Sole
4.91M
Shared
0.00
None
0.00
CAESARS ENTERTAINMENT INC NE
SOLEShares118K
TypeSH
Market value$3.94M
1.34%
Sole
3.94M
Shared
0.00
None
0.00
EMERALD HOLDING INC
SOLEShares790.88K
TypeSH
Market value$3.81M
1.29%
Sole
3.81M
Shared
0.00
None
0.00
BRIGHTVIEW HLDGS INC
SOLEShares237.62K
TypeSH
Market value$3.80M
1.29%
Sole
3.80M
Shared
0.00
None
0.00
ADVANTAGE SOLUTIONS INC
SOLEShares1.28M
TypeSH
Market value$3.73M
1.26%
Sole
3.73M
Shared
0.00
None
0.00
MACYS INC
SOLEShares200K
TypeSH
Market value$3.39M
1.15%
Sole
3.39M
Shared
0.00
None
0.00
CENTURY CASINOS INC
SOLEShares889.14K
TypeSH
Market value$2.88M
0.98%
Sole
2.88M
Shared
0.00
None
0.00
SABRE CORP
SOLEShares685K
TypeSH
Market value$2.50M
0.85%
Sole
2.50M
Shared
0.00
None
0.00
VIPER ENERGY INC
SOLEShares47.71K
TypeSH
Market value$2.34M
0.79%
Sole
2.34M
Shared
0.00
None
0.00
VALARIS LTD
SOLEShares50K
TypeSH
Market value$2.21M
0.75%
Sole
2.21M
Shared
0.00
None
0.00
CLEAR CHANNEL OUTDOOR HLDGS
SOLEShares1.60M
TypeSH
Market value$2.19M
0.74%
Sole
2.19M
Shared
0.00
None
0.00
NEWELL BRANDS INC
SOLEShares195.73K
TypeSH
Market value$1.95M
0.66%
Sole
1.95M
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares60K
TypeSH
Market value$1.88M
0.64%
Sole
1.88M
Shared
0.00
None
0.00
PITNEY BOWES INC
SOLEShares203K
TypeSH
Market value$1.47M
0.50%
Sole
1.47M
Shared
0.00
None
0.00
UNITED PARKS & RESORTS INC
SOLEShares19.50K
TypeSH
Market value$1.10M
0.37%
Sole
1.10M
Shared
0.00
None
0.00
CLEVELAND-CLIFFS INC NEW
SOLEShares115K
TypeSH
Market value$1.08M
0.37%
Sole
1.08M
Shared
0.00
None
0.00
NCR ATLEOS CORPORATION
SOLEShares27K
TypeSH
Market value$915.8K
0.31%
Sole
915.84K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
GERDAU SADFND | SPON ADR REP PFD | 19.22M | SH | $55.35M 18.74% | 55.35M | 0.00 | 0.00 |
PETROLEO BRASILEIRO SA PETRODFND | SPONSORED ADR | 3.91M | SH | $50.24M 17.01% | 50.24M | 0.00 | 0.00 |
ALGOMA STL GROUP INCDFND | COM | 3.57M | SH | $34.93M 11.83% | 34.93M | 0.00 | 0.00 |
VALE S ADFND | SPONSORED ADS | 3.69M | SH | $32.70M 11.07% | 32.70M | 0.00 | 0.00 |
TERNIUM SADFND | SPONSORED ADS | 992.41K | SH | $28.86M 9.77% | 28.86M | 0.00 | 0.00 |
ARCH RESOURCES INCDFND | CL A | 165.34K | SH | $23.35M 7.91% | 23.35M | 0.00 | 0.00 |
HSBC HLDGS PLCSOLE | SPON ADR NEW | 240.88K | SH | $11.91M 4.03% | 11.91M | 0.00 | 0.00 |
LITHIUM AMERICAS ARGENTINA CSOLE | NOTE 1.750% 1/1 | 12.50M | SH | $9.59M 3.25% | 9.59M | 0.00 | 0.00 |
NATIONAL CINEMEDIA INCSOLE | COM NEW | 739.90K | SH | $4.91M 1.66% | 4.91M | 0.00 | 0.00 |
CAESARS ENTERTAINMENT INC NESOLE | COM | 118K | SH | $3.94M 1.34% | 3.94M | 0.00 | 0.00 |
EMERALD HOLDING INCSOLE | COM | 790.88K | SH | $3.81M 1.29% | 3.81M | 0.00 | 0.00 |
BRIGHTVIEW HLDGS INCSOLE | COM | 237.62K | SH | $3.80M 1.29% | 3.80M | 0.00 | 0.00 |
ADVANTAGE SOLUTIONS INCSOLE | COM CL A | 1.28M | SH | $3.73M 1.26% | 3.73M | 0.00 | 0.00 |
MACYS INCSOLE | COM | 200K | SH | $3.39M 1.15% | 3.39M | 0.00 | 0.00 |
CENTURY CASINOS INCSOLE | COM | 889.14K | SH | $2.88M 0.98% | 2.88M | 0.00 | 0.00 |
SABRE CORPSOLE | COM | 685K | SH | $2.50M 0.85% | 2.50M | 0.00 | 0.00 |
VIPER ENERGY INCSOLE | CL A | 47.71K | SH | $2.34M 0.79% | 2.34M | 0.00 | 0.00 |
VALARIS LTDSOLE | CL A | 50K | SH | $2.21M 0.75% | 2.21M | 0.00 | 0.00 |
CLEAR CHANNEL OUTDOOR HLDGSSOLE | COM | 1.60M | SH | $2.19M 0.74% | 2.19M | 0.00 | 0.00 |
NEWELL BRANDS INCSOLE | COM | 195.73K | SH | $1.95M 0.66% | 1.95M | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 60K | SH | $1.88M 0.64% | 1.88M | 0.00 | 0.00 |
PITNEY BOWES INCSOLE | COM | 203K | SH | $1.47M 0.50% | 1.47M | 0.00 | 0.00 |
UNITED PARKS & RESORTS INCSOLE | COM | 19.50K | SH | $1.10M 0.37% | 1.10M | 0.00 | 0.00 |
CLEVELAND-CLIFFS INC NEWSOLE | COM | 115K | SH | $1.08M 0.37% | 1.08M | 0.00 | 0.00 |
NCR ATLEOS CORPORATIONSOLE | COM SHS | 27K | SH | $915.8K 0.31% | 915.84K | 0.00 | 0.00 |
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