CONTRARIAN CAPITAL MANAGEMENT, L.L.C.

Est. AUM

$356.7M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	REPUBLIC AWYS HLDGS INC	COM SHS	$71.5M	4446210	20.06%	SOLE
2	GERDAU SA	SPON ADR REP PFD	$68.8M	19069112	19.30%	DFND
3	FUTU HLDGS LTD	SPON ADS CL A	$41.4M	302451	11.60%	DFND
4	TERNIUM SA	SPONSORED ADS	$39.8M	992413	11.17%	DFND
5	HSBC HLDGS PLC	SPON ADR NEW	$39.7M	481063	11.13%	DFND
6	ALIBABA GROUP HLDG LTD	SPONSORED ADS	$38.4M	305862	10.76%	DFND
7	BAIDU INC	SPON ADR REP A	$11.4M	102139	3.19%	DFND
8	GRUPO AEROMEXICO SAB DE CV	SPONSORED ADS	$9.4M	671207	2.64%	SOLE
9	CLEAR CHANNEL OUTDOOR HLDGS	COM	$5.6M	2351871	1.56%	SOLE
10	CAESARS ENTERTAINMENT INC NE	COM	$4.3M	162163	1.20%	SOLE
11	VIPER ENERGY INC	CL A	$4.0M	85000	1.12%	SOLE
12	MACYS INC	COM	$3.6M	200000	1.01%	SOLE
13	PG&E CORP	COM	$3.5M	200000	0.99%	SOLE
14	CORE NATURAL RESOURCES INC	COM SHS	$3.3M	31567	0.93%	DFND
15	NOBLE CORP PLC	ORD SHS A	$2.9M	60000	0.83%	SOLE
16	WEYERHAEUSER CO	COM NEW	$2.9M	120000	0.82%	SOLE
17	NATIONAL CINEMEDIA INC	COM NEW	$1.8M	596231	0.51%	SOLE
18	ARDAGH METAL PACKAGING S A	SHS	$1.7M	413706	0.47%	SOLE
19	CENTURY CASINOS INC	COM	$1.2M	889144	0.35%	SOLE
20	CLEVELAND-CLIFFS INC NEW	COM	$972K	115000	0.27%	SOLE
21	WW INTL INC	COM NEW	$386K	28091	0.11%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.