Contrarian Capital Management, L.l.c. Buys Valaris, Petroleo Brasileiro SA Petrobras, CorePoint Lodging Inc, Sells Fly Leasing, Century Casinos Inc

• New Purchases: VAL, CPLG, NE, SFE,
• Added Positions: PBR, VALE, TX, ARCH, GGB, M, VEDL, INSW, GOL,
• Reduced Positions: IHRT, CNTY, CCO, HOME,
• Sold Out: FLY,

For the details of CONTRARIAN CAPITAL MANAGEMENT, L.L.C.'s stock buys and sells, go to https://www.gurufocus.com/guru/contrarian+capital+management%2C+l.l.c./current-portfolio/portfolio

1. Vale SA (VALE) - 8,719,852 shares, 30.34% of the total portfolio. Shares added by 5.62%
2. Gerdau SA (GGB) - 20,647,876 shares, 18.58% of the total portfolio. Shares added by 3.98%
3. Petroleo Brasileiro SA Petrobras (PBR) - 7,520,076 shares, 14.03% of the total portfolio. Shares added by 28.18%
4. Vedanta Ltd (VEDL) - 3,056,874 shares, 6.62% of the total portfolio. Shares added by 2.18%
5. Ternium SA (TX) - 1,051,071 shares, 6.17% of the total portfolio. Shares added by 18.44%

Contrarian Capital Management, L.l.c. initiated holding in Valaris Ltd. The purchase prices were between $20.66 and $29.33, with an estimated average price of $25.03. The stock is now traded at around $26.540000. The impact to a portfolio due to this purchase was 3.98%. The holding were 904,674 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. initiated holding in CorePoint Lodging Inc. The purchase prices were between $9.03 and $10.7, with an estimated average price of $10.02. The stock is now traded at around $13.780000. The impact to a portfolio due to this purchase was 1.11%. The holding were 683,131 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. initiated holding in Noble Corp. The purchase prices were between $23.84 and $25.25, with an estimated average price of $24.7. The stock is now traded at around $22.280000. The impact to a portfolio due to this purchase was 0.77%. The holding were 205,000 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. initiated holding in Safeguard Scientifics Inc. The purchase prices were between $6.03 and $7.76, with an estimated average price of $6.82. The stock is now traded at around $7.830000. The impact to a portfolio due to this purchase was 0.04%. The holding were 30,337 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. added to a holding in Petroleo Brasileiro SA Petrobras by 28.18%. The purchase prices were between $8.1 and $12.23, with an estimated average price of $9.78. The stock is now traded at around $10.800000. The impact to a portfolio due to this purchase was 3.08%. The holding were 7,520,076 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. added to a holding in Arch Resources Inc by 23.52%. The purchase prices were between $41.6 and $60.41, with an estimated average price of $52. The stock is now traded at around $73.200000. The impact to a portfolio due to this purchase was 0.87%. The holding were 525,221 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. added to a holding in Macy's Inc by 50.61%. The purchase prices were between $15.72 and $19.62, with an estimated average price of $17.71. The stock is now traded at around $23.480000. The impact to a portfolio due to this purchase was 0.22%. The holding were 223,194 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. added to a holding in International Seaways Inc by 40.76%. The purchase prices were between $17.07 and $21.09, with an estimated average price of $19.44. The stock is now traded at around $16.580000. The impact to a portfolio due to this purchase was 0.08%. The holding were 87,539 shares as of 2021-06-30.

Contrarian Capital Management, L.l.c. sold out a holding in Fly Leasing Ltd. The sale prices were between $16.79 and $16.96, with an estimated average price of $16.91.