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

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Aug 24, 2021
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Greenwich, CT, based Investment company Contrarian Capital Management, L.l.c. (Current Portfolio) buys Valaris, Petroleo Brasileiro SA Petrobras, CorePoint Lodging Inc, Arch Resources Inc, Noble Corp, sells Fly Leasing, Century Casinos Inc during the 3-months ended 2021Q2, according to the most recent filings of the investment company, Contrarian Capital Management, L.l.c.. As of 2021Q2, Contrarian Capital Management, L.l.c. owns 20 stocks with a total value of $656 million. These are the details of the buys and sells.

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

These are the top 5 holdings of CONTRARIAN CAPITAL MANAGEMENT, L.L.C.
  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%
New Purchase: Valaris Ltd (VAL)

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.

New Purchase: CorePoint Lodging Inc (CPLG)

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.

New Purchase: Noble Corp (NE)

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.

New Purchase: Safeguard Scientifics Inc (SFE)

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.

Added: Petroleo Brasileiro SA Petrobras (PBR)

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.

Added: Arch Resources Inc (ARCH)

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.

Added: Macy's Inc (M)

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.

Added: International Seaways Inc (INSW)

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.

Sold Out: Fly Leasing Ltd (FLY)

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.



Here is the complete portfolio of CONTRARIAN CAPITAL MANAGEMENT, L.L.C.. Also check out:

1. CONTRARIAN CAPITAL MANAGEMENT, L.L.C.'s Undervalued Stocks
2. CONTRARIAN CAPITAL MANAGEMENT, L.L.C.'s Top Growth Companies, and
3. CONTRARIAN CAPITAL MANAGEMENT, L.L.C.'s High Yield stocks
4. Stocks that CONTRARIAN CAPITAL MANAGEMENT, L.L.C. keeps buying
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