Contrarian Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Petrobras Class A
PBR.A
|
+$42.7M |
| 2 |
Vale
VALE
|
+$1.07M |
| 3 |
Clear Channel Outdoor Holdings
CCO
|
+$470K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GOL
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
|
+$8.54M |
| 2 |
Ternium
TX
|
+$4.53M |
| 3 |
Peabody Energy
BTU
|
+$3.51M |
| 4 |
CHAP
Chaparral Energy, Inc.
CHAP
|
+$1.93M |
| 5 |
iHeartMedia
IHRT
|
+$1.54M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 65.86% |
| 2 | Energy | 17.05% |
| 3 | Industrials | 9.61% |
| 4 | Communication Services | 7.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vale
VALE
$61.6B
| $82M | 28.85% |
7,956,770
+116,600
| +1% | +$1.07M |
|
2
Gerdau
GGB
$9.93B
| $62.6M | 22.01% |
26,643,236
| – | – |
|
|
3
Petrobras Class A
PBR.A
$126B
| $48.5M | 17.05% |
+6,082,696
| New | +$42.7M |
|
|
GOL
4
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $27.3M | 9.61% |
4,030,508
-1,630,551
| -29% | -$8.54M |
|
5
Braskem
BAK
$837M
| $27.1M | 9.54% |
3,134,871
| – | – |
|
|
6
Ternium
TX
$11.2B
| $15.5M | 5.46% |
1,023,608
-313,550
| -23% | -$4.53M |
|
|
7
iHeartMedia
IHRT
$408M
| $15.3M | 5.38% |
1,833,045
-197,518
| -10% | -$1.54M |
|
|
8
Clear Channel Outdoor Holdings
CCO
$1.21B
| $5.98M | 2.1% |
5,747,208
+500,000
| +10% | +$470K |
|
|
9
Peabody Energy
BTU
$3.25B
| – | – |
-1,210,238
| Closed | -$3.51M |
|
|
ROCC
10
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| – | – |
-300,583
| Closed | -$929K |
|
|
CHAP
11
DELISTED
Chaparral Energy, Inc.
CHAP
| – | – |
-4,103,270
| Closed | -$1.93M |
|
Similar funds
Contrarian Capital Management's Q2 2020 Portfolio in Review
As of Q2 2020, Contrarian Capital Management held 11 positions worth $284M, up 49% from $191M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Contrarian Capital Management deployed $23.2M of net new capital in Q2 2020, opening 1 new position and adding to 2 existing holdings. Its largest new stake was Petrobras Class A: 6,082,696 shares worth $48.5M.
By sector, the portfolio is most concentrated in Materials at 66% of assets, down from 74% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares), an estimated $8.54M trimmed.
- Contrarian Capital Management's largest Q2 2020 buy was Petrobras Class A: 6,082,696 shares worth $48.5M.
- Contrarian Capital Management added most to Vale in Q2 2020, an estimated $1.07M increase.
- Contrarian Capital Management's biggest Q2 2020 reduction was Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares), cutting an estimated $8.54M.
- Contrarian Capital Management fully exited Peabody Energy in Q2 2020, selling an estimated $3.51M.
- Contrarian Capital Management's ten largest holdings make up 100% of its $284M portfolio in Q2 2020.
- Contrarian Capital Management opened 1 new position and closed 3 in Q2 2020.
- Contrarian Capital Management's portfolio value rose 49% quarter-over-quarter to $284M.
Based on Contrarian Capital Management's 13F filing for Q2 2020, filed 14 Aug 2020.