Data as of Q4 2025 (Dec 31, 2025)

CONTRARIAN CAPITAL MANAGEMENT, L.L.C.

โ€ขCIK: 1050417โ€ขFiling: Q4 2025

**CONTRARIAN CAPITAL MANAGEMENT, L.L.C.** manages $380M across a concentrated portfolio of 24 positions. The fund exhibits significant conviction in its top holdings, notably maintaining substantial allocations to HBC2 ($99.6M) and RJET ($81.7M). Further key exposures include GGB ($70.4M) and TX ($37.9M), signaling a distinct, high-conviction investment thesis. This structure suggests a focus on deep value or overlooked names within its current mandate.

Total AUM
$379.7M
QoQ Performance
-4.2%
Positions
24
Top 10 Concentration
93.4%
Latest Filing
Q4 2025

Top Holdings Allocation

HBC2
RJET
GGB
TX
BABA
HBC226.2%
RJET21.5%
GGB18.5%
TX10.0%
BABA6.4%
AERO3.9%
BIDUN3.5%
CCO1.4%

๐Ÿ“ˆ Biggest Buys

RJET
REPUBLIC AWYS HLDGS INC
NEW
21.5% of portfolio
AERO
GRUPO AEROMEXICO SAB DE CV
NEW
3.9% of portfolio
BABA
ALIBABA GROUP HLDG LTD
+15.3%
6.4% of portfolio
WY
WEYERHAEUSER CO MTN BE
NEW
0.5% of portfolio
AMBP
ARDAGH METAL PACKAGING S A
+335.5%
0.4% of portfolio

๐Ÿ“‰ Biggest Sells

CNR
CORE NATURAL RESOURCES INC
-85.6%
0.7% of portfolio
EEX
EMERALD HOLDING INC
-89.4%
0.1% of portfolio
ADV
ADVANTAGE SOLUTIONS INC
-41.2%
0.2% of portfolio
CZR
CAESARS ENTERTAINMENT INC NE
-14.1%
0.8% of portfolio
CCO
CLEAR CHANNEL OUTDOOR HLDGS
-6.7%
1.4% of portfolio

Sector Breakdown

Other100.0%

๐Ÿšช Exited Positionssold since Q3 2025

BUR
BURFORD CAP LTD
SOLD
$48.4M
VALE
VALE S A
SOLD
$38.6M
โ€”
LITHIUM ARGENTINA AG
SOLD
$14.3M
ASTL
ALGOMA STL GROUP INC
SOLD
$7.2M
BV
BRIGHTVIEW HLDGS INC
SOLD
$2.6M
+10 more exited positions

Changes from Q3 2025

NEW3 new positions
โ†‘3 increased
โ†“6 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023