CONTRARIAN CAPITAL MANAGEMENT, L.L.C.

CIK

1050417

Location

Greenwich, CT

Portfolio Value

Small $364,642,082

Diversification

Diversified

Filing Date

Global Rank

#3,114 / 8,622 ▼ 12 · as of Mar 2026

Top Industry

Steel 30.1%

3Y Alpha vs SPY

-19.9%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+11.1%

SPY

+67.9%

Annualised alpha

-15.3%

Max drawdown

−35.6%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

21 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

21.8%

−4.4 pts

Top 5

73.8%

−8.8 pts

Top 10

92.8%

−0.7 pts

HHI

1,335

Diversified−335

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	30.1%	$109,656,625	3
Industrials	24.4%	$88,901,844	2
Financial Services	22.2%	$81,046,084	2
Consumer Cyclical	13.5%	$49,188,833	5
Communication Services	5.1%	$18,772,765	3
Energy	2.8%	$10,244,361	3
Utilities	1.0%	$3,514,000	1
Real Estate	0.8%	$2,931,600	1
Healthcare	0.1%	$385,970	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
BABA	Alibaba Group Holding Ltd	+140,075	305,862	$38,373,446
WY	Weyerhaeuser Co	+43,981	120,000	$2,931,600
VNOM	Viper Energy, Inc.	+42,484	85,000	$3,994,150
CZR	Caesars Entertainment, Inc.	+37,163	162,163	$4,285,968
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
HSBC	Hsbc Holdings PLC	−784,593	481,063	$39,682,886
NCMI	National CineMedia, Inc.	−143,668	596,231	$1,818,504
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
FUTU	Futu Holdings Ltd	302,451	$41,363,198
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
UNIT	Uniti Group Inc.	443,810	$3,111,108
VAL	Valaris Ltd	31,434	$1,584,273
ADV	Advantage Solutions Inc.	1,000,000	$880,000
EEX	Emerald Holding, Inc.	93,118	$416,237
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

21 tracked positions · $364,642,082 total · filing declares 21 positions · $356,692,265 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RJET	Republic Airways Holdings Inc. Industrials	Reduced	4,446,210	-4,446,210	$79,498,234	−51.3%	21.80%
GGB	Gerdau S.A. Basic Materials	Held	19,069,112	0	$68,839,494	−2.2%	18.88%
FUTU	Futu Holdings Ltd Financial Services	NEW	302,451	NEW	$41,363,198	NEW	11.34%
TX	Ternium S.A. Basic Materials	Held	992,413	0	$39,845,381	+5.1%	10.93%
HSBC	Hsbc Holdings PLC Financial Services	Reduced	481,063	-784,593	$39,682,886	−60.1%	10.88%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	305,862	+140,075	$38,373,446	+57.9%	10.52%
BIDU	Baidu, Inc. Communication Services	Held	102,139	0	$11,380,327	−14.7%	3.12%
AERO	Grupo Aeromexico, S.A.B. de C.V. Industrials	Held	671,207	0	$9,403,610	−36.2%	2.58%
CCO	Clear Channel Outdoor Holdings, Inc. Communication Services	Held	2,351,871	0	$5,573,934	+7.2%	1.53%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	Added	162,163	+37,163	$4,285,968	+46.6%	1.18%
VNOM	Viper Energy, Inc. Energy	Added	85,000	+42,484	$3,994,150	+143.2%	1.10%
M	Macy's, Inc. Consumer Cyclical	Held	200,000	0	$3,618,000	−18.0%	0.99%
PCG	PG&E Corp Utilities	Held	200,000	0	$3,514,000	+9.3%	0.96%
CNR	Core Natural Resources, Inc. Energy	Held	31,567	0	$3,306,011	+18.3%	0.91%
NE	Noble Corp plc Energy	Held	60,000	0	$2,944,200	+73.8%	0.81%
WY	Weyerhaeuser Co Real Estate	Added	120,000	+43,981	$2,931,600	+62.8%	0.80%
NCMI	National CineMedia, Inc. Communication Services	Reduced	596,231	-143,668	$1,818,504	−36.8%	0.50%
AMBP	Ardagh Metal Packaging S.A. Consumer Cyclical	Held	413,706	0	$1,675,509	−1.2%	0.46%
CNTY	Century Casinos Inc /Co/ Consumer Cyclical	Held	889,144	0	$1,235,910	+4.5%	0.34%
CLF	Cleveland-Cliffs Inc. Basic Materials	Held	115,000	0	$971,750	−36.4%	0.27%
WW	Ww International, Inc. Healthcare	Held	28,091	0	$385,970	−53.0%	0.11%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.