Contrarian Capital Management, L.L.C. 13F Holdings · Q2 2026

Contrarian Capital Management, L.L.C. reported 19 securities worth $306.06M in its SEC 13F filing for Q2 2026 (period ended 2026-06-30). Top holdings: RJET (29.85%), GGB (25.17%), TX (13.85%). Among its top 25 positions this quarter: 1 new, 3 added, 2 trimmed, 3 exited.

Rank	Ticker	Company	Value	% Portfolio	Shares	Action
1	RJET	REPUBLIC AWYS HLDGS INC	$91.3M	29.85%	4.3M	Trimmed
2	GGB	GERDAU SA	$77.0M	25.17%	19.1M	Hold
3	TX	TERNIUM SA	$42.4M	13.85%	992,413	Hold
4	FUTU	FUTU HLDGS LTD	$36.4M	11.90%	388,611	Added
5	AERO	GRUPO AEROMEXICO SAB DE CV	$12.1M	3.95%	671,207	Hold
6	BIDU	BAIDU INC	$11.7M	3.81%	102,139	Hold
7	CZR	CAESARS ENTERTAINMENT INC NE	$5.7M	1.87%	189,287	Added
8	M	MACYS INC	$4.7M	1.54%	200,000	Hold
9	VNOM	VIPER ENERGY INC	$4.7M	1.52%	110,000	Added
10	PCG	PG&E CORP	$3.4M	1.10%	200,000	Hold
11	WY	WEYERHAEUSER CO	$2.9M	0.94%	120,000	Hold
12	CCO	CLEAR CHANNEL OUTDOOR HLDGS	$2.5M	0.83%	1.0M	Trimmed
13	NCMI	NATIONAL CINEMEDIA INC	$2.3M	0.74%	596,231	Hold
14	NE	NOBLE CORP PLC	$2.2M	0.73%	60,000	Hold
15	FUN	SIX FLAGS ENTERTAINMENT CORP	$2.1M	0.70%	100,000	New
16	AMBP	ARDAGH METAL PACKAGING S A	$2.0M	0.64%	413,706	Hold
17	CNTY	CENTURY CASINOS INC	$1.1M	0.37%	889,144	Hold
18	CLF	CLEVELAND-CLIFFS INC NEW	$1.1M	0.35%	115,000	Hold
19	WW	WW INTL INC	$448,894	0.15%	28,091	Hold
20	BABA	ALIBABA GROUP HLDG LTD	$0	0.00%	0	Exited
21	CNR	CORE NATURAL RESOURCES INC	$0	0.00%	0	Exited
22	HSBC	HSBC HLDGS PLC	$0	0.00%	0	Exited

Source: SEC Form 13F filings · as of 2026-06-30

Every position in this 13F-HR, with its change from the prior quarter.

13F holdings, latest quarter

SourceSEC EDGAR13F-HR