DOSSIER · 13F-HR · Q4 2025

CONTRARIAN CAPITAL MANAGEMENT, L.L.C.

$380M in tracked AUM across 24 positions as of Q4 2025.

CC
CIK 0001050417 · last filed Dec 31, 2025
Total AUM
$380M
as of Q4 2025
Holdings
24
positions
Whale Score
66
66
tracked
Activity
no data
changes this Q
AI Analysis · Q4 2025
Comprehensive Analysis of SEC 13F Filing: Contrarian Capital Management, L.L.C.
1. Portfolio Overview

Contrarian Capital Management, L.L.C. has executed a drastic restructuring of its portfolio during the quarter ended September 30, 2025. The firm reduced its total assets under management (AUM) reported in this filing by 65.1%, plummeting from $349.51 million to $121.81 million. This reduction was driven not merely by market performance but by a significant capital reallocation strategy, ...

2. Key Holdings

The portfolio is dominated by three distinct, high-conviction plays:

Quarter at a glance — Q4 2025

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q4 2025.

#HoldingValueSharesWeight
01
HSBC
HSBC HLDGS PLC
$100M1.3M26.2%
02
RJET
REPUBLIC AWYS HLDGS INC
$82M4.4M21.5%
03
GGB
GERDAU SA
$70M19.1M18.5%
04
TX
TERNIUM SA
$38M992K10.0%
05
BABA
ALIBABA GROUP HLDG LTD
$24M166K6.4%
06
AERO
GRUPO AEROMEXICO SAB DE CV
$15M671K3.9%
07
BIDU
BAIDU INC
$13M102K3.5%
08
CCO
CLEAR CHANNEL OUTDOOR HLDGS
$5M2.4M1.4%
09
M
MACYS INC
$4M200K1.2%
10
PCG
PG&E CORP
$3M200K0.8%

Filing history

2025Q4Dec 31
$380M 211.7%
24 positionsView →
2025Q3Sep 30
$122M 65.1%
20 positionsView →
2025Q2Jun 30
$350M 10.2%
34 positionsLocked
2025Q1Mar 31
$389M 31.9%
35 positionsLocked
2024Q4Dec 31
$295M 10.2%
34 positionsLocked
2024Q3Sep 30
$329M 3.3%
30 positionsLocked
2024Q2Jun 30
$318M 13.1%
29 positionsLocked
2024Q1Mar 31
$367M 10.7%
29 positionsLocked
2023Q4Dec 31
$411M 10.2%
31 positionsLocked
2023Q3Sep 30
$373M 0.5%
33 positionsLocked
2023Q2Jun 30
$371M 4.2%
33 positionsLocked
2023Q1Mar 31
$387M 3.9%
34 positionsLocked
Showing 12 of 55