CONTRARIAN CAPITAL MANAGEMENT, L.L.C. Diversified Active

CIK: 0001050417 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 13, 2025

Total Value ($000): $349,514 (100.0% shares, 0.0% debt)

Holdings (34)

HSBC HSBC HLDGS PLC 22.0%

Value ($000) $76,939 Shares 1,265,656 Est. Cost $55.91 Unrealized —

GGB GERDAU SA 15.9%

Value ($000) $55,682 Shares 19,069,112 Est. Cost $3.70 Unrealized —

BUR BURFORD CAP LTD 10.4%

Value ($000) $36,459 Shares 2,556,748 Est. Cost $13.94 Unrealized -6.5%

VALE VALE S A 9.9%

Value ($000) $34,482 Shares 3,551,171 Est. Cost $10.61 Unrealized —

TX TERNIUM SA 8.5%

Value ($000) $29,872 Shares 992,413 Est. Cost $32.40 Unrealized —

ASTL ALGOMA STL GROUP INC 7.0%

Value ($000) $24,611 Shares 3,572,018 Est. Cost $9.52 Unrealized -41.6%

PBR PETROLEO BRASILEIRO SA PETRO 6.9%

Value ($000) $24,121 Shares 1,928,173 Est. Cost $9.35 Unrealized —

CNR CORE NATURAL RESOURCES INC 4.4%

Value ($000) $15,290 Shares 219,243 Est. Cost $84.05 Unrealized -15.7%

— LITHIUM ARGENTINA AG 3.7%

Value ($000) $12,992 Shares 16,000,000 Est. Cost $0.78 Unrealized —

EEX EMERALD HOLDING INC 1.1%

Value ($000) $3,802 Shares 783,862 Est. Cost $3.80 Unrealized +13.7%

NCMI NATIONAL CINEMEDIA INC 1.0%

Value ($000) $3,585 Shares 739,899 Est. Cost $3.96 Unrealized +36.8%

BV BRIGHTVIEW HLDGS INC 1.0%

Value ($000) $3,439 Shares 206,566 Est. Cost $7.91 Unrealized +89.0%

CZR CAESARS ENTERTAINMENT INC NE 1.0%

Value ($000) $3,393 Shares 119,500 Est. Cost $37.49 Unrealized -27.5%

PCG PG&E CORP 0.8%

Value ($000) $2,788 Shares 200,000 Est. Cost $16.38 Unrealized -1.3%

M MACYS INC 0.7%

Value ($000) $2,332 Shares 200,000 Est. Cost $12.86 Unrealized -9.9%

SABR SABRE CORP 0.6%

Value ($000) $2,228 Shares 705,000 Est. Cost $3.13 Unrealized -18.0%

ADV ADVANTAGE SOLUTIONS INC 0.6%

Value ($000) $2,127 Shares 1,611,140 Est. Cost $2.42 Unrealized -45.6%

CNTY CENTURY CASINOS INC 0.5%

Value ($000) $1,881 Shares 889,144 Est. Cost $10.24 Unrealized -82.6%

PBI PITNEY BOWES INC 0.5%

Value ($000) $1,746 Shares 160,000 Est. Cost $4.41 Unrealized +113.2%

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.5%

Value ($000) $1,700 Shares 1,452,614 Est. Cost $3.78 Unrealized -71.4%

NE NOBLE CORP PLC 0.5%

Value ($000) $1,593 Shares 60,000 Est. Cost $34.58 Unrealized -33.7%

VAL VALARIS LTD 0.4%

Value ($000) $1,324 Shares 31,434 Est. Cost $48.72 Unrealized -22.8%

— VIPER ENERGY INC 0.4%

Value ($000) $1,225 Shares 32,114 Est. Cost $31.38 Unrealized —

PRKS UNITED PARKS & RESORTS INC 0.3%

Value ($000) $1,061 Shares 22,500 Est. Cost $52.84 Unrealized -15.5%

CLF CLEVELAND-CLIFFS INC NEW 0.3%

Value ($000) $874 Shares 115,000 Est. Cost $13.58 Unrealized -45.3%

NATL NCR ATLEOS CORPORATION 0.2%

Value ($000) $827 Shares 29,000 Est. Cost $25.36 Unrealized +6.4%

VYX NCR VOYIX CORPORATION 0.2%

Value ($000) $551 Shares 47,000 Est. Cost $16.35 Unrealized -38.2%

SKIL SKILLSOFT CORP 0.2%

Value ($000) $551 Shares 34,500 Est. Cost $12.87 Unrealized +47.0%

MAT MATTEL INC 0.1%

Value ($000) $394 Shares 20,000 Est. Cost $18.65 Unrealized -4.6%

AMBP ARDAGH METAL PACKAGING S A 0.1%

Value ($000) $385 Shares 90,000 Est. Cost $3.28 Unrealized +6.9%

— LESLIES INC 0.1%

Value ($000) $372 Shares 887,112 Est. Cost $0.74 Unrealized —

MAGN MAGNERA CORP 0.1%

Value ($000) $338 Shares 28,000 Est. Cost $20.39 Unrealized -32.5%

ON ON SEMICONDUCTOR CORP 0.1%

Value ($000) $288 Shares 5,500 Est. Cost $43.47 Unrealized 0.0%

MBC MASTERBRAND INC 0.1%

Value ($000) $262 Shares 24,000 Est. Cost $16.92 Unrealized -34.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HSBC	HSBC HLDGS PLC	1,265,656	$76,939	22.0%	$55.91	—	SPON ADR NEW	404280406
GGB	GERDAU SA	19,069,112	$55,682	15.9%	$3.70	—	SPON ADR REP PFD	373737105
BUR	BURFORD CAP LTD	2,556,748	$36,459	10.4%	$13.94	-6.5%	ORD SHS	G17977110
VALE	VALE S A	3,551,171	$34,482	9.9%	$10.61	—	SPONSORED ADS	91912E105
TX	TERNIUM SA	992,413	$29,872	8.5%	$32.40	—	SPONSORED ADS	880890108
ASTL	ALGOMA STL GROUP INC	3,572,018	$24,611	7.0%	$9.52	-41.6%	COM	015658107
PBR	PETROLEO BRASILEIRO SA PETRO	1,928,173	$24,121	6.9%	$9.35	—	SPONSORED ADR	71654V408
CNR	CORE NATURAL RESOURCES INC	219,243	$15,290	4.4%	$84.05	-15.7%	COM SHS	218937100
—	LITHIUM ARGENTINA AG	16,000,000	$12,992	3.7%	$0.78	—	NOTE 1.750% 1/1	53680QAA6
EEX	EMERALD HOLDING INC	783,862	$3,802	1.1%	$3.80	+13.7%	COM	29103W104
NCMI	NATIONAL CINEMEDIA INC	739,899	$3,585	1.0%	$3.96	+36.8%	COM NEW	635309206
BV	BRIGHTVIEW HLDGS INC	206,566	$3,439	1.0%	$7.91	+89.0%	COM	10948C107
CZR	CAESARS ENTERTAINMENT INC NE	119,500	$3,393	1.0%	$37.49	-27.5%	COM	12769G100
PCG	PG&E CORP	200,000	$2,788	0.8%	$16.38	-1.3%	COM	69331C108
M	MACYS INC	200,000	$2,332	0.7%	$12.86	-9.9%	COM	55616P104
SABR	SABRE CORP	705,000	$2,228	0.6%	$3.13	-18.0%	COM	78573M104
ADV	ADVANTAGE SOLUTIONS INC	1,611,140	$2,127	0.6%	$2.42	-45.6%	COM CL A	00791N102
CNTY	CENTURY CASINOS INC	889,144	$1,881	0.5%	$10.24	-82.6%	COM	156492100
PBI	PITNEY BOWES INC	160,000	$1,746	0.5%	$4.41	+113.2%	COM	724479100
CCO	CLEAR CHANNEL OUTDOOR HLDGS	1,452,614	$1,700	0.5%	$3.78	-71.4%	COM	18453H106
NE	NOBLE CORP PLC	60,000	$1,593	0.5%	$34.58	-33.7%	ORD SHS A	G65431127
VAL	VALARIS LTD	31,434	$1,324	0.4%	$48.72	-22.8%	CL A	G9460G101
—	VIPER ENERGY INC	32,114	$1,225	0.4%	$31.38	—	CL A	927959106
PRKS	UNITED PARKS & RESORTS INC	22,500	$1,061	0.3%	$52.84	-15.5%	COM	81282V100
CLF	CLEVELAND-CLIFFS INC NEW	115,000	$874	0.3%	$13.58	-45.3%	COM	185899101
NATL	NCR ATLEOS CORPORATION	29,000	$827	0.2%	$25.36	+6.4%	COM SHS	63001N106
VYX	NCR VOYIX CORPORATION	47,000	$551	0.2%	$16.35	-38.2%	COM	62886E108
SKIL	SKILLSOFT CORP	34,500	$551	0.2%	$12.87	+47.0%	CL A	83066P309
MAT	MATTEL INC	20,000	$394	0.1%	$18.65	-4.6%	COM	577081102
AMBP	ARDAGH METAL PACKAGING S A	90,000	$385	0.1%	$3.28	+6.9%	SHS	L02235106
—	LESLIES INC	887,112	$372	0.1%	$0.74	—	COM	527064109
MAGN	MAGNERA CORP	28,000	$338	0.1%	$20.39	-32.5%	COM SHS	55939A107
ON	ON SEMICONDUCTOR CORP	5,500	$288	0.1%	$43.47	0.0%	COM	682189105
MBC	MASTERBRAND INC	24,000	$262	0.1%	$16.92	-34.6%	COMMON STOCK	57638P104