CONTRARIAN CAPITAL MANAGEMENT, L.L.C. Q3 2025 Filing

Filed November 13, 2025

Portfolio Value

$396.3B

Holdings

36

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (36 positions)

#StockSharesValue% PortfolioType
1
HBC2HSBC HLDGS PLC
1,265,656$89.8B22.67%
2
GGBGERDAU SA
19,069,112$59.1B14.92%
3
BURBURFORD CAP LTD
4,044,998$48.4B12.21%
4
VALEVALE S A
3,551,171$38.6B9.73%
5
TXTERNIUM SA
992,413$34.5B8.70%
6
BABAALIBABA GROUP HLDG LTD
143,760$25.7B6.48%
7
CNRCORE NATURAL RESOURCES INC
219,243$18.3B4.62%
8
LARCN 1.75 01/15/27LITHIUM ARGENTINA AG
16,000,000$14.3B3.60%
9
BIDUNBAIDU INC
102,139$13.5B3.40%
10
ASTLALGOMA STL GROUP INC
2,037,686$7.2B1.83%
11
EEXEMERALD HOLDING INC
879,000$4.5B1.13%
12
CCOCLEAR CHANNEL OUTDOOR HLDGS
2,521,871$4.0B1.01%
13
CZRCAESARS ENTERTAINMENT INC NE
145,500$3.9B0.99%
14
FDO.FMACYS INC
200,000$3.6B0.90%
15
NCMINATIONAL CINEMEDIA INC
739,899$3.3B0.84%
16
PCGPG&E CORP
200,000$3.0B0.76%
17
UNITUNITI GROUP LLC
454,810$2.8B0.70%
18
BVBRIGHTVIEW HLDGS INC
197,000$2.6B0.67%
19
ADVADVANTAGE SOLUTIONS INC
1,700,000$2.6B0.66%
20
CNTCENTURY CASINOS INC
889,144$2.3B0.59%
21
PBIPITNEY BOWES INC
159,000$1.8B0.46%
22
NENOBLE CORP PLC
60,000$1.7B0.43%
23
VALVALARIS LTD
31,434$1.5B0.39%
24
CLFCLEVELAND-CLIFFS INC NEW
115,000$1.4B0.35%
25
VNOMVIPER ENERGY INC
32,114$1.2B0.31%
26
NATLNCR ATLEOS CORPORATION
28,500$1.1B0.28%
27
PRKSUNITED PARKS & RESORTS INC
21,500$1.1B0.28%
28
WWWW INTL INC
28,091$768.6M0.19%
29
VYXNCR VOYIX CORPORATION
48,000$602.4M0.15%
30
UNFIUNITED NAT FOODS INC
14,500$545.5M0.14%
31
SKILSKILLSOFT CORP
41,500$540.3M0.14%
32
MBCMASTERBRAND INC
33,000$434.6M0.11%
33
SABRSABRE CORP
225,000$411.8M0.10%
34
AMBPARDAGH METAL PACKAGING S A
95,000$379.1M0.10%
35
MATMATTEL INC
22,000$370.3M0.09%
36
HSICHENRY SCHEIN INC
5,000$331.9M0.08%