CONTRARIAN CAPITAL MANAGEMENT, L.L.C.

CIK

1050417

Location

Greenwich, CT

Portfolio Value

Small $109,656,625

Diversification

Diversified

Filing Date

Global Rank

#3,106 / 8,578 ▼ 99

Top Industry

Steel 30.1%

3Y Alpha vs SPY

-19.2%

Period ended 3 months ago

Filed May 15, 2026 · 32d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+6.3%

SPY

+78.1%

Annualised alpha

-19.2%

Max drawdown

−45.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

21.8%

−3.0 pts

Top 5

73.8%

−4.5 pts

Top 10

92.8%

−0.4 pts

HHI

1,335

Diversified−194

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
ADV	Advantage Solutions Inc.	1,000,000	$22,000,000
UNIT	Uniti Group Inc.	443,810	$3,111,108
VAL	Valaris Ltd	31,434	$1,584,273
EEX	Emerald Holding, Inc.	93,118	$416,237
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3 positions · $109,656,625 total · Basic Materials only · 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	Value (USD)	% Δ Value	% of Portfolio
GGB	Gerdau S.A. Basic Materials	Held	19,069,112	$68,839,494	−2.2%	62.78%
TX	Ternium S.A. Basic Materials	Held	992,413	$39,845,381	+5.1%	36.34%
CLF	Cleveland-Cliffs Inc. Basic Materials	Held	115,000	$971,750	−36.4%	0.89%