Contrarian Capital Management, L.L.C. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Contrarian Capital Management, L.L.C. disclosed 35 US equity positions worth $389.4m in its Q1 2025 13F filing. The largest position was HSBC at 18.7% of the reported book, followed by PBR and GGB. Against the Q4 2024 filing, it opened 4 new positions, added to 12 and reduced 7 among the top 35 holdings.
What did Contrarian Capital Management, L.L.C. own in Q1 2025? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | HSBC HSBC HLDGS PLC | Financial Services | 18.7% | $72.7m | 1,265,656 | 425% | added |
| 2 | PBR PETROLEO BRASILEIRO SA PETRO | Energy | 14.4% | $56.0m | 3,906,345 | 0% | held |
| 3 | GGB GERDAU SA | Basic Materials | 14.0% | $54.6m | 19,219,112 | 0% | held |
| 4 | VALE VALE S A | Basic Materials | 9.4% | $36.8m | 3,686,411 | 0% | held |
| 5 | BUR BURFORD CAP LTD | Financial Services | 8.4% | $32.6m | 2,466,748 | – | new |
| 6 | TX TERNIUM SA | Basic Materials | 7.9% | $30.9m | 992,413 | 0% | held |
| 7 | ASTL ALGOMA STL GROUP INC | 5.0% | $19.4m | 3,572,018 | 0% | held | |
| 8 | PBR/A PETROLEO BRASILEIRO SA PETRO | 4.8% | $18.7m | 1,434,306 | 10003% | added | |
| 9 | CNR CORE NATURAL RESOURCES INC | Energy | 4.3% | $16.9m | 219,243 | – | new |
| 10 | LITHIUM ARGENTINA AG | 3.4% | $13.2m | 16,000,000 | 28% | added | |
| 11 | NCMI NATIONAL CINEMEDIA INC | 1.1% | $4.3m | 739,899 | 0% | held | |
| 12 | EM7 EMERALD HOLDING INC | 0.8% | $3.2m | 818,862 | 4% | added | |
| 13 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 0.8% | $3.0m | 119,500 | 1% | added |
| 14 | BV BRIGHTVIEW HLDGS INC | 0.7% | $2.6m | 204,566 | -14% | reduced | |
| 15 | PCG PG&E CORP | Utilities | 0.7% | $2.6m | 150,000 | – | new |
| 16 | M MACYS INC | Consumer Cyclical | 0.6% | $2.5m | 200,000 | 0% | held |
| 17 | ADV ADVANTAGE SOLUTIONS INC | 0.6% | $2.2m | 1,451,140 | 14% | added | |
| 18 | SABR SABRE CORP | Technology | 0.5% | $2.0m | 705,000 | 3% | added |
| 19 | PBI PITNEY BOWES INC | Industrials | 0.4% | $1.6m | 180,000 | -11% | reduced |
| 20 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.4% | $1.6m | 1,452,614 | -9% | reduced |
| 21 | CNTY CENTURY CASINOS INC | 0.4% | $1.5m | 889,144 | 0% | held | |
| 22 | VNOM VIPER ENERGY INC | 0.4% | $1.4m | 32,114 | -33% | reduced | |
| 23 | NOBLE CORP PLC | 0.4% | $1.4m | 60,000 | 0% | held | |
| 24 | VALARIS LTD | 0.3% | $1.2m | 31,434 | -37% | reduced | |
| 25 | PRKS UNITED PARKS & RESORTS INC | Consumer Cyclical | 0.3% | $977.4k | 21,500 | 10% | added |
| 26 | CLF CLEVELAND-CLIFFS INC NEW | Basic Materials | 0.2% | $945.3k | 115,000 | 0% | held |
| 27 | NATL NCR ATLEOS CORPORATION | Technology | 0.2% | $791.4k | 30,000 | 11% | added |
| 28 | SKIL SKILLSOFT CORP | 0.2% | $663.8k | 34,500 | -8% | reduced | |
| 29 | LESLIES INC | 0.2% | $652.5k | 887,112 | – | new | |
| 30 | MAGN MAGNERA CORP | 0.1% | $508.5k | 28,000 | 8% | added | |
| 31 | VYX NCR VOYIX CORPORATION | Technology | 0.1% | $458.2k | 47,000 | -8% | reduced |
| 32 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.1% | $453.0k | 150,000 | 17% | added |
| 33 | MAT MATTEL INC | Consumer Cyclical | 0.1% | $408.0k | 21,000 | 0% | held |
| 34 | MBC MASTERBRAND INC | Consumer Cyclical | 0.1% | $365.7k | 28,000 | 8% | added |
| 35 | CPRI CAPRI HOLDINGS LIMITED | Consumer Cyclical | 0.1% | $217.0k | 11,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.