Contrarian Capital Management, L.L.C. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Contrarian Capital Management, L.L.C. disclosed 34 US equity positions worth $349.5m in its Q2 2025 13F filing. The largest position was HSBC at 22.0% of the reported book, followed by GGB and BUR. Against the Q1 2025 filing, it opened 1 new position, added to 5 and reduced 9 among the top 34 holdings.
What did Contrarian Capital Management, L.L.C. own in Q2 2025? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | HSBC HSBC HLDGS PLC | Financial Services | 22.0% | $76.9m | 1,265,656 | 0% | held |
| 2 | GGB GERDAU SA | Basic Materials | 15.9% | $55.7m | 19,069,112 | -1% | reduced |
| 3 | BUR BURFORD CAP LTD | Financial Services | 10.4% | $36.5m | 2,556,748 | 4% | added |
| 4 | VALE VALE S A | Basic Materials | 9.9% | $34.5m | 3,551,171 | -4% | reduced |
| 5 | TX TERNIUM SA | Basic Materials | 8.5% | $29.9m | 992,413 | 0% | held |
| 6 | ASTL ALGOMA STL GROUP INC | 7.0% | $24.6m | 3,572,018 | 0% | held | |
| 7 | PBR PETROLEO BRASILEIRO SA PETRO | Energy | 6.9% | $24.1m | 1,928,173 | -51% | reduced |
| 8 | CNR CORE NATURAL RESOURCES INC | Energy | 4.4% | $15.3m | 219,243 | 0% | held |
| 9 | LITHIUM ARGENTINA AG | 3.7% | $13.0m | 16,000,000 | 0% | held | |
| 10 | EM7 EMERALD HOLDING INC | 1.1% | $3.8m | 783,862 | -4% | reduced | |
| 11 | NCMI NATIONAL CINEMEDIA INC | 1.0% | $3.6m | 739,899 | 0% | held | |
| 12 | BV BRIGHTVIEW HLDGS INC | 1.0% | $3.4m | 206,566 | 1% | added | |
| 13 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 1.0% | $3.4m | 119,500 | 0% | held |
| 14 | PCG PG&E CORP | Utilities | 0.8% | $2.8m | 200,000 | 33% | added |
| 15 | M MACYS INC | Consumer Cyclical | 0.7% | $2.3m | 200,000 | 0% | held |
| 16 | SABR SABRE CORP | Technology | 0.6% | $2.2m | 705,000 | 0% | held |
| 17 | ADV ADVANTAGE SOLUTIONS INC | 0.6% | $2.1m | 1,611,140 | 11% | added | |
| 18 | CNTY CENTURY CASINOS INC | 0.5% | $1.9m | 889,144 | 0% | held | |
| 19 | PBI PITNEY BOWES INC | Industrials | 0.5% | $1.7m | 160,000 | -11% | reduced |
| 20 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.5% | $1.7m | 1,452,614 | 0% | held |
| 21 | NOBLE CORP PLC | 0.5% | $1.6m | 60,000 | 0% | held | |
| 22 | VALARIS LTD | 0.4% | $1.3m | 31,434 | 0% | held | |
| 23 | VNOM VIPER ENERGY INC | 0.4% | $1.2m | 32,114 | 0% | held | |
| 24 | PRKS UNITED PARKS & RESORTS INC | Consumer Cyclical | 0.3% | $1.1m | 22,500 | 5% | added |
| 25 | CLF CLEVELAND-CLIFFS INC NEW | Basic Materials | 0.3% | $874.0k | 115,000 | 0% | held |
| 26 | NATL NCR ATLEOS CORPORATION | Technology | 0.2% | $827.4k | 29,000 | -3% | reduced |
| 27 | VYX NCR VOYIX CORPORATION | Technology | 0.2% | $551.3k | 47,000 | 0% | held |
| 28 | SKIL SKILLSOFT CORP | 0.2% | $551.0k | 34,500 | 0% | held | |
| 29 | MAT MATTEL INC | Consumer Cyclical | 0.1% | $394.4k | 20,000 | -5% | reduced |
| 30 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.1% | $385.2k | 90,000 | -40% | reduced |
| 31 | LESLIES INC | 0.1% | $372.5k | 887,112 | 0% | held | |
| 32 | MAGN MAGNERA CORP | 0.1% | $338.2k | 28,000 | 0% | held | |
| 33 | ON ON SEMICONDUCTOR CORP | Technology | 0.1% | $288.3k | 5,500 | – | new |
| 34 | MBC MASTERBRAND INC | Consumer Cyclical | 0.1% | $262.3k | 24,000 | -14% | reduced |
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.