We are live on !
Find out more
CCM
Contrarian Capital Management Portfolio holdings
AUM
$306M
Turnover
18.18%
1-Year Est. Return
23.06%
This Fund
S&P 500
This Quarter Est. Return
+7.4%
1 Year Est. Return
+23.06%
3 Year Est. Return
+29.41%
5 Year Est. Return
+39.92%
10 Year Est. Return
+359.87%
AUM
$306M
AUM Growth
-$50.6M
(-14%)
Cap. Flow
-$71.4M
Cap. Flow % of AUM
Cap. Flow %
-23.34%
Top 10 Holdings %
Top 10 Hldgs %
94.56%
Holding
22
New
1
Increased
3
Reduced
2
Closed
3
Avg Time Held
3
years
Top 10 Avg Time Held
2.2
years
Top 20 Avg Time Held
2.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Futu Holdings
FUTU
|
+$11M |
| 2 |
Cedar Fair
FUN
|
+$2.04M |
| 3 |
Viper Energy
VNOM
|
+$1.15M |
| 4 |
Caesars Entertainment
CZR
|
+$765K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HSBC
HSBC
|
+$39.7M |
| 2 |
Alibaba
BABA
|
+$38.4M |
| 3 |
Core Natural Resources Inc
CNR
|
+$3.31M |
| 4 |
Clear Channel Outdoor Holdings
CCO
|
+$3.13M |
| 5 |
Republic Airways Holdings
RJET
|
+$1.92M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 39.37% |
| 2 | Industrials | 33.79% |
| 3 | Financials | 11.9% |
| 4 | Communication Services | 5.38% |
| 5 | Consumer Discretionary | 5.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Republic Airways Holdings
RJET
$905M
| $91.3M | 29.85% |
4,347,756
-98,454
| -2% | -$1.92M |
2025 Q4
2 quarters
|
|
2
Gerdau
GGB
$9.14B
| $77M | 25.17% |
19,069,112
| – | – |
2016 Q2
40 quarters
|
|
3
Ternium
TX
$10.4B
| $42.4M | 13.85% |
992,413
| – | – |
2016 Q3
39 quarters
|
|
|
4
Futu Holdings
FUTU
$13.8B
| $36.4M | 11.9% |
388,611
+86,160
| +28% | +$11M |
2026 Q1
1 quarter
|
|
5
Grupo Aeromexico SAB de CV
AERO
$2.32B
| $12.1M | 3.95% |
671,207
| – | – |
2025 Q4
2 quarters
|
|
6
Baidu
BIDU
$26B
| $11.7M | 3.81% |
102,139
| – | – |
2025 Q3
3 quarters
|
|
|
7
Caesars Entertainment
CZR
$5.93B
| $5.71M | 1.87% |
189,287
+27,124
| +17% | +$765K |
2024 Q2
8 quarters
|
|
8
Macy's
M
$6.3B
| $4.71M | 1.54% |
200,000
| – | – |
2020 Q4
22 quarters
|
|
|
9
Viper Energy
VNOM
$9.27B
| $4.66M | 1.52% |
110,000
+25,000
| +29% | +$1.15M |
2023 Q3
11 quarters
|
|
10
PG&E
PCG
$39.6B
| $3.36M | 1.1% |
200,000
| – | – |
2025 Q1
5 quarters
|
|
11
Weyerhaeuser
WY
$14.7B
| $2.87M | 0.94% |
120,000
| – | – |
2025 Q4
2 quarters
|
|
|
12
DELISTED
Clear Channel Outdoor Holdings
CCO
| $2.53M | 0.83% |
1,044,257
-1,307,614
| -56% | -$3.13M |
2019 Q2
28 quarters
|
|
13
National CineMedia
NCMI
$151M
| $2.27M | 0.74% |
596,231
| – | – |
2023 Q3
11 quarters
|
|
14
Noble Corp
NE
$7.82B
| $2.24M | 0.73% |
60,000
| – | – |
2024 Q3
7 quarters
|
|
|
15
Cedar Fair
FUN
$765M
| $2.13M | 0.7% |
+100,000
| New | +$2.04M |
2026 Q2
0 quarters
|
|
16
Ardagh Metal Packaging
AMBP
$2.69B
| $1.96M | 0.64% |
413,706
| – | – |
2022 Q4
14 quarters
|
|
17
Century Casinos
CNTY
$14.6M
| $1.14M | 0.37% |
889,144
| – | – |
2020 Q4
22 quarters
|
|
18
Cleveland-Cliffs
CLF
$8.13B
| $1.08M | 0.35% |
115,000
| – | – |
2024 Q3
7 quarters
|
|
19
WW International
WW
$149M
| $449K | 0.15% |
28,091
| – | – |
2025 Q3
3 quarters
|
|
|
20
Alibaba
BABA
$244B
| – | – |
-305,862
| Closed | -$38.4M | – |
|
|
21
HSBC
HSBC
$292B
| – | – |
-481,063
| Closed | -$39.7M | – |
|
|
22
Core Natural Resources Inc
CNR
$4.31B
| – | – |
-31,567
| Closed | -$3.31M | – |
|
Similar funds
Contrarian Capital Management's Q2 2026 Portfolio in Review
As of Q2 2026, Contrarian Capital Management held 22 positions worth $306M, down 14% from $357M the previous quarter. Its ten largest holdings account for 95% of the portfolio.
Contrarian Capital Management withdrew a net $71.4M in Q2 2026, closing 3 positions and reducing 2 holdings. Its most notable exit was HSBC, an estimated $39.7M position sold in full.
By sector, the portfolio is most concentrated in Materials at 39% of assets, up from 31% a quarter earlier, followed by Industrials and Financials.
Against the trend, Contrarian Capital Management opened a new position in Cedar Fair worth $2.13M.
- Contrarian Capital Management's largest Q2 2026 buy was Cedar Fair: 100,000 shares worth $2.13M.
- Contrarian Capital Management added most to Futu Holdings in Q2 2026, an estimated $11M increase.
- Contrarian Capital Management's biggest Q2 2026 reduction was Clear Channel Outdoor Holdings, cutting an estimated $3.13M.
- Contrarian Capital Management fully exited HSBC in Q2 2026, selling an estimated $39.7M.
- Contrarian Capital Management's ten largest holdings make up 95% of its $306M portfolio in Q2 2026.
- Contrarian Capital Management opened 1 new position and closed 3 in Q2 2026.
- Contrarian Capital Management's portfolio value fell 14% quarter-over-quarter to $306M.
Based on Contrarian Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.