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

Location: Greenwich, CT

CIK: 0001050417 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 13, 2025

Total Value: $350M (100.0% shares, 0.0% debt)

Holdings (34)

HSBC HSBC HLDGS PLC 22.0%

Value $76.94M Shares 1,265,656 Est. Cost — Unrealized —

GGB GERDAU SA 15.9%

Value $55.68M Shares 19,069,112 Est. Cost — Unrealized —

BUR BURFORD CAP LTD 10.4%

Value $36.46M Shares 2,556,748 Est. Cost — Unrealized —

VALE VALE S A 9.9%

Value $34.48M Shares 3,551,171 Est. Cost — Unrealized —

TX TERNIUM SA 8.5%

Value $29.87M Shares 992,413 Est. Cost — Unrealized —

ASTL ALGOMA STL GROUP INC 7.0%

Value $24.61M Shares 3,572,018 Est. Cost — Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 6.9%

Value $24.12M Shares 1,928,173 Est. Cost — Unrealized —

CNR CORE NATURAL RESOURCES INC 4.4%

Value $15.29M Shares 219,243 Est. Cost — Unrealized —

— LITHIUM ARGENTINA AG 3.7%

Value $12.99M Shares 16,000,000 Est. Cost — Unrealized —

EEX EMERALD HOLDING INC 1.1%

Value $3.802M Shares 783,862 Est. Cost — Unrealized —

NCMI NATIONAL CINEMEDIA INC 1.0%

Value $3.585M Shares 739,899 Est. Cost — Unrealized —

BV BRIGHTVIEW HLDGS INC 1.0%

Value $3.439M Shares 206,566 Est. Cost — Unrealized —

CZR CAESARS ENTERTAINMENT INC NE 1.0%

Value $3.393M Shares 119,500 Est. Cost — Unrealized —

PCG PG&E CORP 0.8%

Value $2.788M Shares 200,000 Est. Cost — Unrealized —

M MACYS INC 0.7%

Value $2.332M Shares 200,000 Est. Cost — Unrealized —

SABR SABRE CORP 0.6%

Value $2.228M Shares 705,000 Est. Cost — Unrealized —

ADV ADVANTAGE SOLUTIONS INC 0.6%

Value $2.127M Shares 1,611,140 Est. Cost — Unrealized —

CNTY CENTURY CASINOS INC 0.5%

Value $1.881M Shares 889,144 Est. Cost — Unrealized —

PBI PITNEY BOWES INC 0.5%

Value $1.746M Shares 160,000 Est. Cost — Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.5%

Value $1.7M Shares 1,452,614 Est. Cost — Unrealized —

NE NOBLE CORP PLC 0.5%

Value $1.593M Shares 60,000 Est. Cost — Unrealized —

VAL VALARIS LTD 0.4%

Value $1.324M Shares 31,434 Est. Cost — Unrealized —

— VIPER ENERGY INC 0.4%

Value $1.225M Shares 32,114 Est. Cost — Unrealized —

PRKS UNITED PARKS & RESORTS INC 0.3%

Value $1.061M Shares 22,500 Est. Cost — Unrealized —

CLF CLEVELAND-CLIFFS INC NEW 0.3%

Value $874K Shares 115,000 Est. Cost — Unrealized —

NATL NCR ATLEOS CORPORATION 0.2%

Value $827K Shares 29,000 Est. Cost — Unrealized —

VYX NCR VOYIX CORPORATION 0.2%

Value $551K Shares 47,000 Est. Cost — Unrealized —

SKIL SKILLSOFT CORP 0.2%

Value $551K Shares 34,500 Est. Cost — Unrealized —

MAT MATTEL INC 0.1%

Value $394K Shares 20,000 Est. Cost — Unrealized —

AMBP ARDAGH METAL PACKAGING S A 0.1%

Value $385K Shares 90,000 Est. Cost — Unrealized —

— LESLIES INC 0.1%

Value $372K Shares 887,112 Est. Cost — Unrealized —

MAGN MAGNERA CORP 0.1%

Value $338K Shares 28,000 Est. Cost — Unrealized —

ON ON SEMICONDUCTOR CORP 0.1%

Value $288K Shares 5,500 Est. Cost — Unrealized —

MBC MASTERBRAND INC 0.1%

Value $262K Shares 24,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HSBC	HSBC HLDGS PLC	1,265,656	$76.94M	22.0%	—	—	SPON ADR NEW	404280406
GGB	GERDAU SA	19,069,112	$55.68M	15.9%	—	—	SPON ADR REP PFD	373737105
BUR	BURFORD CAP LTD	2,556,748	$36.46M	10.4%	—	—	ORD SHS	G17977110
VALE	VALE S A	3,551,171	$34.48M	9.9%	—	—	SPONSORED ADS	91912E105
TX	TERNIUM SA	992,413	$29.87M	8.5%	—	—	SPONSORED ADS	880890108
ASTL	ALGOMA STL GROUP INC	3,572,018	$24.61M	7.0%	—	—	COM	015658107
PBR	PETROLEO BRASILEIRO SA PETRO	1,928,173	$24.12M	6.9%	—	—	SPONSORED ADR	71654V408
CNR	CORE NATURAL RESOURCES INC	219,243	$15.29M	4.4%	—	—	COM SHS	218937100
—	LITHIUM ARGENTINA AG	16,000,000	$12.99M	3.7%	—	—	NOTE 1.750% 1/1	53680QAA6
EEX	EMERALD HOLDING INC	783,862	$3.802M	1.1%	—	—	COM	29103W104
NCMI	NATIONAL CINEMEDIA INC	739,899	$3.585M	1.0%	—	—	COM NEW	635309206
BV	BRIGHTVIEW HLDGS INC	206,566	$3.439M	1.0%	—	—	COM	10948C107
CZR	CAESARS ENTERTAINMENT INC NE	119,500	$3.393M	1.0%	—	—	COM	12769G100
PCG	PG&E CORP	200,000	$2.788M	0.8%	—	—	COM	69331C108
M	MACYS INC	200,000	$2.332M	0.7%	—	—	COM	55616P104
SABR	SABRE CORP	705,000	$2.228M	0.6%	—	—	COM	78573M104
ADV	ADVANTAGE SOLUTIONS INC	1,611,140	$2.127M	0.6%	—	—	COM CL A	00791N102
CNTY	CENTURY CASINOS INC	889,144	$1.881M	0.5%	—	—	COM	156492100
PBI	PITNEY BOWES INC	160,000	$1.746M	0.5%	—	—	COM	724479100
CCO	CLEAR CHANNEL OUTDOOR HLDGS	1,452,614	$1.7M	0.5%	—	—	COM	18453H106
NE	NOBLE CORP PLC	60,000	$1.593M	0.5%	—	—	ORD SHS A	G65431127
VAL	VALARIS LTD	31,434	$1.324M	0.4%	—	—	CL A	G9460G101
—	VIPER ENERGY INC	32,114	$1.225M	0.4%	—	—	CL A	927959106
PRKS	UNITED PARKS & RESORTS INC	22,500	$1.061M	0.3%	—	—	COM	81282V100
CLF	CLEVELAND-CLIFFS INC NEW	115,000	$874K	0.3%	—	—	COM	185899101
NATL	NCR ATLEOS CORPORATION	29,000	$827K	0.2%	—	—	COM SHS	63001N106
VYX	NCR VOYIX CORPORATION	47,000	$551K	0.2%	—	—	COM	62886E108
SKIL	SKILLSOFT CORP	34,500	$551K	0.2%	—	—	CL A	83066P309
MAT	MATTEL INC	20,000	$394K	0.1%	—	—	COM	577081102
AMBP	ARDAGH METAL PACKAGING S A	90,000	$385K	0.1%	—	—	SHS	L02235106
—	LESLIES INC	887,112	$372K	0.1%	—	—	COM	527064109
MAGN	MAGNERA CORP	28,000	$338K	0.1%	—	—	COM SHS	55939A107
ON	ON SEMICONDUCTOR CORP	5,500	$288K	0.1%	—	—	COM	682189105
MBC	MASTERBRAND INC	24,000	$262K	0.1%	—	—	COMMON STOCK	57638P104