Contrarian Capital Management, L.L.C. Top Holdings and 13F Report (2024)

→ $16T Crypto Plot From Elon Musk (From Crypto 101 Media) (Ad)

About Contrarian Capital Management, L.L.C.

Investment Activity

Contrarian Capital Management, L.L.C. has $366.56 million in total holdings as of March 31, 2024.
Contrarian Capital Management, L.L.C. owns shares of 29 different stocks, but just 6 companies or ETFs make up 80% of its holdings.
Approximately 2.57% of the portfolio was purchased this quarter.
About 7.26% of the portfolio was sold this quarter.
This quarter, Contrarian Capital Management, L.L.C. has purchased 31 new stocks and bought additional shares in 9 stocks.
Contrarian Capital Management, L.L.C. sold shares of 9 stocks and completely divested from 5 stocks this quarter.

Largest Holdings

Gerdau: $79,474,159
Petróleo Brasileiro S.A. - Petrobras: $66,893,945
Arch Resources: $61,142,488
Ternium: $46,530,369
Algoma Steel Group: $33,417,447

Largest New Holdings this Quarter

Cleveland-Cliffs: $3,388,260 Holding
SKILLSOFT CORP: $350,550 Holding
Glatfelter: $257,832 Holding

Largest Purchases this Quarter

Cleveland-Cliffs: 149,000 shares (about $3.39M)
Vale: 237,635 shares (about $2.90M)
Alta Equipment Group: 114,774 shares (about $1.49M)
Valaris: 8,000 shares (about $602.08K)
SKILLSOFT CORP: 38,950 shares (about $350.55K)

Largest Sales this Quarter

Algoma Steel Group: 528,128 shares (about $4.48M)
Arch Resources: 18,051 shares (about $2.90M)
NATIONAL CINEMEDIA INC: 418,650 shares (about $2.16M)
Petróleo Brasileiro S.A. - Petrobras: 128,102 shares (about $1.95M)
Gerdau: 259,706 shares (about $1.15M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
GGB Gerdau	$79,474,159	$1,147,901 ▼	-1.4%	17,980,579	21.7%	Basic Materials
PBR Petróleo Brasileiro S.A. - Petrobras	$66,893,945	$1,948,431 ▼	-2.8%	4,398,024	18.2%	Oils/Energy
ARCH Arch Resources	$61,142,488	$2,902,420 ▼	-4.5%	380,263	16.7%	Oils/Energy
TX Ternium	$46,530,369		0.0%	1,117,981	12.7%	Basic Materials
ASTL Algoma Steel Group	$33,417,447	$4,483,807 ▼	-11.8%	3,936,095	9.1%	Basic Materials
VALE Vale	$28,226,030	$2,896,771 ▲	11.4%	2,315,507	7.7%	Basic Materials
NATIONAL CINEMEDIA INC	$5,779,263	$2,156,047 ▼	-27.2%	1,122,187	1.6%	COM NEW
ADV Advantage Solutions	$5,497,502		0.0%	1,269,631	1.5%	Business Services
EEX Emerald	$4,861,591	$176,365 ▼	-3.5%	713,890	1.3%	Consumer Discretionary
CCO Clear Channel Outdoor	$4,129,313	$825,000 ▼	-16.7%	2,502,614	1.1%	Business Services
M Macy's	$3,941,908	$239,880 ▲	6.5%	197,194	1.1%	Retail/Wholesale
BV BrightView	$3,550,710		0.0%	298,379	1.0%	Consumer Discretionary
CLF Cleveland-Cliffs	$3,388,260	$3,388,260 ▲	New Holding	149,000	0.9%	Basic Materials
VAL Valaris	$2,967,803	$602,080 ▲	25.5%	39,434	0.8%	Oils/Energy
CNTY Century Casinos	$2,809,695		0.0%	889,144	0.8%	Consumer Discretionary
VIPER ENERGY INC	$2,598,242		0.0%	67,557	0.7%	CL A
ALTG Alta Equipment Group	$2,418,723	$1,486,323 ▲	159.4%	186,774	0.7%	Industrial Products
AMBP Ardagh Metal Packaging	$2,189,712		0.0%	638,400	0.6%	Industrial Products
WBD Warner Bros. Discovery	$1,536,480	$78,570 ▲	5.4%	176,000	0.4%	Consumer Discretionary
AGS PlayAGS	$915,960		0.0%	102,000	0.2%	Consumer Discretionary
PBI Pitney Bowes	$840,020	$220,830 ▼	-20.8%	194,000	0.2%	Computer and Technology
FYBR Frontier Communications Parent	$796,250	$61,250 ▲	8.3%	32,500	0.2%	Computer and Technology
SEAS SeaWorld Entertainment	$730,730	$28,105 ▲	4.0%	13,000	0.2%	Consumer Discretionary
NCR NCR	$454,680	$25,260 ▲	5.9%	36,000	0.1%	Computer and Technology
NCR ATLEOS CORPORATION	$404,875	$19,750 ▲	5.1%	20,500	0.1%	COM SHS
SKILLSOFT CORP	$350,550	$350,550 ▲	New Holding	38,950	0.1%	CL A
GLT Glatfelter	$257,832	$257,832 ▲	New Holding	128,916	0.1%	Construction
PBR.A PETROLEO BRASIL/S	$248,756		0.0%	16,695	0.1%	Oils/Energy
ACI Albertsons Companies	$203,680	$203,680 ▼	-50.0%	9,500	0.1%	Consumer Staples
BROOKDALE SR LIVING INC	$0	$5,578,050 ▼	-100.0%	0	0.0%	NOTE 2.000%10/1
DAL Delta Air Lines	$0	$2,868,319 ▼	-100.0%	0	0.0%	Transportation
IHRT iHeartMedia	$0	$1,638,659 ▼	-100.0%	0	0.0%	Consumer Discretionary
NE Noble	$0	$1,514,006 ▼	-100.0%	0	0.0%	Oils/Energy
SFE Safeguard Scientifics	$0	$940,776 ▼	-100.0%	0	0.0%	Finance