Contrarian Capital Management, L.L.C.: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1050417) · Explore on the interactive board
Contrarian Capital Management, L.L.C. disclosed 19 US equity positions worth $306.1m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is RJET at 29.8% of the reported book, followed by GGB, TX. The top ten holdings are 94.6% of the book, and the portfolio behaves like about 5 equal-weight positions. Versus the prior filing it opened 1 new position, added to 3, reduced 2 and exited 3. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Contrarian Capital Management, L.L.C. own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 1 new, 3 added, 2 reduced, 3 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | RJET REPUBLIC AWYS HLDGS INC | 29.8% | $91.3m | 4,347,756 | -2% | reduced | |
| 2 | GGB GERDAU SA | Basic Materials | 25.2% | $77.0m | 19,069,112 | 0% | held |
| 3 | TX TERNIUM SA | Basic Materials | 13.8% | $42.4m | 992,413 | 0% | held |
| 4 | FUTU FUTU HLDGS LTD | Financial Services | 11.9% | $36.4m | 388,611 | 28% | added |
| 5 | GRUPO AEROMEXICO SAB DE CV | 3.9% | $12.1m | 671,207 | 0% | held | |
| 6 | BIDU BAIDU INC | Communication Services | 3.8% | $11.7m | 102,139 | 0% | held |
| 7 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 1.9% | $5.7m | 189,287 | 17% | added |
| 8 | M MACYS INC | Consumer Cyclical | 1.5% | $4.7m | 200,000 | 0% | held |
| 9 | VNOM VIPER ENERGY INC | Energy | 1.5% | $4.7m | 110,000 | 29% | added |
| 10 | PCG PG&E CORP | Utilities | 1.1% | $3.4m | 200,000 | 0% | held |
| 11 | WY WEYERHAEUSER CO | Real Estate | 0.9% | $2.9m | 120,000 | 0% | held |
| 12 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.8% | $2.5m | 1,044,257 | -56% | reduced |
| 13 | NCMI NATIONAL CINEMEDIA INC | 0.7% | $2.3m | 596,231 | 0% | held | |
| 14 | NOBLE CORP PLC | 0.7% | $2.2m | 60,000 | 0% | held | |
| 15 | FUN SIX FLAGS ENTERTAINMENT CORP | Consumer Cyclical | 0.7% | $2.1m | 100,000 | – | new |
| 16 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.6% | $2.0m | 413,706 | 0% | held |
| 17 | CNTY CENTURY CASINOS INC | 0.4% | $1.1m | 889,144 | 0% | held | |
| 18 | CLF CLEVELAND-CLIFFS INC NEW | Basic Materials | 0.4% | $1.1m | 115,000 | 0% | held |
| 19 | WW INTL INC | 0.1% | $448.9k | 28,091 | 0% | held |
What did Contrarian Capital Management, L.L.C. sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| HSBC HSBC HLDGS PLC | 48.8% | $39.7m |
| BABA ALIBABA GROUP HLDG LTD | 47.2% | $38.4m |
| CNR CORE NATURAL RESOURCES INC | 4.1% | $3.3m |
Sector mix
| Sector | Weight |
|---|---|
| Basic Materials | 39.4% |
| Financial Services | 11.9% |
| Consumer Cyclical | 4.7% |
| Communication Services | 4.6% |
| Energy | 1.5% |
| Utilities | 1.1% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Contrarian Capital Management, L.L.C.'s portfolio?
Across every quarter Contrarian Capital Management, L.L.C. has filed, its median largest position is 25.0% of the book and its median top-ten weight is 93.6%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 3.0 completed holding spells, the median lasted 1.0 quarters; 19.0 positions are still open and their final length is unknown.