Filed: 2/13/2026ACC: 0000919574-26-000946
📋 What this filing means
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. filed this quarterly 13F‑HR report disclosing 24 equity positions with a total reported market value of $379.67M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$379.67M
Total AUM (reported)
33.55M
Total Shares
Allocation by class
SPON ADR NEW$99.57M26.2%
COM SHS$87.58M23.1%
SPONSORED ADS$76.94M20.3%
SPON ADR REP PFD$70.37M18.5%
COM$18.87M5.0%
SPON ADR REP A$13.35M3.5%
COM NEW$5.50M1.4%
Portfolio Concentration
Top 3$251.61M66.3%
4–10$103.11M27.2%
11–25$24.95M6.6%
Top 3 weight
66.3%
Top 10 weight
93.4%
Voting Authority Distribution
Total shares with voting rights: 33.55M
Sole
Full voting authority
33.55M
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)
Sole18
Shared0
Other6
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings24
Rows:
HSBC HLDGS PLC
DFNDShares1.27M
TypeSH
Market value$99.57M
26.23%
Sole
1.27M
Shared
0.00
None
0.00
REPUBLIC AWYS HLDGS INC
SOLEShares4.45M
TypeSH
Market value$81.68M
21.51%
Sole
4.45M
Shared
0.00
None
0.00
GERDAU SA
DFNDShares19.07M
TypeSH
Market value$70.37M
18.53%
Sole
19.07M
Shared
0.00
None
0.00
TERNIUM SA
DFNDShares992.41K
TypeSH
Market value$37.90M
9.98%
Sole
992.41K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
DFNDShares165.79K
TypeSH
Market value$24.30M
6.40%
Sole
165.79K
Shared
0.00
None
0.00
GRUPO AEROMEXICO SAB DE CV
SOLEShares671.21K
TypeSH
Market value$14.74M
3.88%
Sole
671.21K
Shared
0.00
None
0.00
BAIDU INC
DFNDShares102.14K
TypeSH
Market value$13.35M
3.52%
Sole
102.14K
Shared
0.00
None
0.00
CLEAR CHANNEL OUTDOOR HLDGS
SOLEShares2.35M
TypeSH
Market value$5.20M
1.37%
Sole
2.35M
Shared
0.00
None
0.00
MACYS INC
SOLEShares200K
TypeSH
Market value$4.41M
1.16%
Sole
200K
Shared
0.00
None
0.00
PG&E CORP
SOLEShares200K
TypeSH
Market value$3.21M
0.85%
Sole
200K
Shared
0.00
None
0.00
UNITI GROUP LLC
SOLEShares443.81K
TypeSH
Market value$3.11M
0.82%
Sole
443.81K
Shared
0.00
None
0.00
CAESARS ENTERTAINMENT INC NE
SOLEShares125K
TypeSH
Market value$2.92M
0.77%
Sole
125K
Shared
0.00
None
0.00
NATIONAL CINEMEDIA INC
SOLEShares739.90K
TypeSH
Market value$2.88M
0.76%
Sole
739.90K
Shared
0.00
None
0.00
CORE NATURAL RESOURCES INC
DFNDShares31.57K
TypeSH
Market value$2.79M
0.74%
Sole
31.57K
Shared
0.00
None
0.00
WEYERHAEUSER CO MTN BE
SOLEShares76.02K
TypeSH
Market value$1.80M
0.47%
Sole
76.02K
Shared
0.00
None
0.00
ARDAGH METAL PACKAGING S A
SOLEShares413.71K
TypeSH
Market value$1.70M
0.45%
Sole
413.71K
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares60K
TypeSH
Market value$1.69M
0.45%
Sole
60K
Shared
0.00
None
0.00
VIPER ENERGY INC
SOLEShares42.52K
TypeSH
Market value$1.64M
0.43%
Sole
42.52K
Shared
0.00
None
0.00
VALARIS LTD
SOLEShares31.43K
TypeSH
Market value$1.58M
0.42%
Sole
31.43K
Shared
0.00
None
0.00
CLEVELAND-CLIFFS INC NEW
SOLEShares115K
TypeSH
Market value$1.53M
0.40%
Sole
115K
Shared
0.00
None
0.00
CENTURY CASINOS INC
SOLEShares889.14K
TypeSH
Market value$1.18M
0.31%
Sole
889.14K
Shared
0.00
None
0.00
ADVANTAGE SOLUTIONS INC
SOLEShares1M
TypeSH
Market value$880.0K
0.23%
Sole
1M
Shared
0.00
None
0.00
WW INTL INC
SOLEShares28.09K
TypeSH
Market value$820.7K
0.22%
Sole
28.09K
Shared
0.00
None
0.00
EMERALD HOLDING INC
SOLEShares93.12K
TypeSH
Market value$416.2K
0.11%
Sole
93.12K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
HSBC HLDGS PLCDFND | SPON ADR NEW | 1.27M | SH | $99.57M 26.23% | 1.27M | 0.00 | 0.00 |
REPUBLIC AWYS HLDGS INCSOLE | COM SHS | 4.45M | SH | $81.68M 21.51% | 4.45M | 0.00 | 0.00 |
GERDAU SADFND | SPON ADR REP PFD | 19.07M | SH | $70.37M 18.53% | 19.07M | 0.00 | 0.00 |
TERNIUM SADFND | SPONSORED ADS | 992.41K | SH | $37.90M 9.98% | 992.41K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDDFND | SPONSORED ADS | 165.79K | SH | $24.30M 6.40% | 165.79K | 0.00 | 0.00 |
GRUPO AEROMEXICO SAB DE CVSOLE | SPONSORED ADS | 671.21K | SH | $14.74M 3.88% | 671.21K | 0.00 | 0.00 |
BAIDU INCDFND | SPON ADR REP A | 102.14K | SH | $13.35M 3.52% | 102.14K | 0.00 | 0.00 |
CLEAR CHANNEL OUTDOOR HLDGSSOLE | COM | 2.35M | SH | $5.20M 1.37% | 2.35M | 0.00 | 0.00 |
MACYS INCSOLE | COM | 200K | SH | $4.41M 1.16% | 200K | 0.00 | 0.00 |
PG&E CORPSOLE | COM | 200K | SH | $3.21M 0.85% | 200K | 0.00 | 0.00 |
UNITI GROUP LLCSOLE | COM SHS | 443.81K | SH | $3.11M 0.82% | 443.81K | 0.00 | 0.00 |
CAESARS ENTERTAINMENT INC NESOLE | COM | 125K | SH | $2.92M 0.77% | 125K | 0.00 | 0.00 |
NATIONAL CINEMEDIA INCSOLE | COM NEW | 739.90K | SH | $2.88M 0.76% | 739.90K | 0.00 | 0.00 |
CORE NATURAL RESOURCES INCDFND | COM SHS | 31.57K | SH | $2.79M 0.74% | 31.57K | 0.00 | 0.00 |
WEYERHAEUSER CO MTN BESOLE | COM NEW | 76.02K | SH | $1.80M 0.47% | 76.02K | 0.00 | 0.00 |
ARDAGH METAL PACKAGING S ASOLE | SHS | 413.71K | SH | $1.70M 0.45% | 413.71K | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 60K | SH | $1.69M 0.45% | 60K | 0.00 | 0.00 |
VIPER ENERGY INCSOLE | CL A | 42.52K | SH | $1.64M 0.43% | 42.52K | 0.00 | 0.00 |
VALARIS LTDSOLE | CL A | 31.43K | SH | $1.58M 0.42% | 31.43K | 0.00 | 0.00 |
CLEVELAND-CLIFFS INC NEWSOLE | COM | 115K | SH | $1.53M 0.40% | 115K | 0.00 | 0.00 |
CENTURY CASINOS INCSOLE | COM | 889.14K | SH | $1.18M 0.31% | 889.14K | 0.00 | 0.00 |
ADVANTAGE SOLUTIONS INCSOLE | COM CL A | 1M | SH | $880.0K 0.23% | 1M | 0.00 | 0.00 |
WW INTL INCSOLE | COM NEW | 28.09K | SH | $820.7K 0.22% | 28.09K | 0.00 | 0.00 |
EMERALD HOLDING INCSOLE | COM | 93.12K | SH | $416.2K 0.11% | 93.12K | 0.00 | 0.00 |