Contrarian Capital Management, L.l.c. Buys Cleveland-Cliffs Inc, Clear Channel Outdoor Holdings Inc, Azul SA, Sells Braskem SA, Vistra Energy Corp, Precision Drilling Corp

• New Purchases: CCO, QHC, PFF, MDR, IAA, ANF, SEB, KRA, REGI,
• Added Positions: CLF, PBR.A, GGB, AZUL, CSTM,
• Reduced Positions: VST, CZR, GOL, TX, CCK, GIL, WSC,
• Sold Out: BRKMY, PDS, VSTO, FTR,

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. Peabody Energy Corp (BTU) - 8,622,299 shares, 19.77% of the total portfolio. Shares added by 0.92%
2. Cleveland-Cliffs Inc (CLF) - 13,193,075 shares, 13.39% of the total portfolio. Shares added by 21.82%
3. Vale SA (VALE) - 8,743,245 shares, 11.18% of the total portfolio. Shares reduced by 0.42%
4. Gol Intelligent Airlines Inc (GOL) - 6,859,827 shares, 11.01% of the total portfolio. Shares reduced by 1.73%
5. Petroleo Brasileiro SA Petrobras (PBR.A) - 7,265,647 shares, 9.81% of the total portfolio. Shares added by 7.65%

Contrarian Capital Management, L.l.c. initiated holding in Clear Channel Outdoor Holdings Inc. The purchase prices were between $0 and $5.29, with an estimated average price of $4.79. The stock is now traded at around $2.24. The impact to a portfolio due to this purchase was 1.76%. The holding were 3,920,005 shares as of .

Contrarian Capital Management, L.l.c. initiated holding in Quorum Health Corp. The purchase prices were between $1 and $2.34, with an estimated average price of $1.64. The stock is now traded at around $1.05. The impact to a portfolio due to this purchase was 0.13%. The holding were 1,000,000 shares as of .

Contrarian Capital Management, L.l.c. initiated holding in iShares U.S. Preferred Stock. The purchase prices were between $36.27 and $37.09, with an estimated average price of $36.64. The stock is now traded at around $37.25. The impact to a portfolio due to this purchase was 0.05%. The holding were 13,936 shares as of .

Contrarian Capital Management, L.l.c. initiated holding in IAA Inc. The purchase prices were between $36.57 and $40, with an estimated average price of $38.68. The stock is now traded at around $43.30. The impact to a portfolio due to this purchase was 0.04%. The holding were 9,522 shares as of .

Contrarian Capital Management, L.l.c. initiated holding in McDermott International Inc. The purchase prices were between $6.04 and $10.5, with an estimated average price of $7.99. The stock is now traded at around $4.00. The impact to a portfolio due to this purchase was 0.04%. The holding were 45,386 shares as of .

Contrarian Capital Management, L.l.c. initiated holding in Kraton Corp. The purchase prices were between $24.47 and $36.57, with an estimated average price of $30.26. The stock is now traded at around $27.60. The impact to a portfolio due to this purchase was 0.03%. The holding were 11,468 shares as of .

Contrarian Capital Management, L.l.c. added to a holding in Cleveland-Cliffs Inc by 21.82%. The purchase prices were between $8.7 and $10.69, with an estimated average price of $9.84. The stock is now traded at around $8.16. The impact to a portfolio due to this purchase was 2.4%. The holding were 13,193,075 shares as of .

Contrarian Capital Management, L.l.c. added to a holding in Azul SA by 22.22%. The purchase prices were between $23.94 and $35.7, with an estimated average price of $28.92. The stock is now traded at around $37.64. The impact to a portfolio due to this purchase was 0.32%. The holding were 546,330 shares as of .

Contrarian Capital Management, L.l.c. sold out a holding in Braskem SA. The sale prices were between $16.71 and $26.74, with an estimated average price of $21.4.

Contrarian Capital Management, L.l.c. sold out a holding in Precision Drilling Corp. The sale prices were between $1.65 and $2.93, with an estimated average price of $2.2.

Contrarian Capital Management, L.l.c. sold out a holding in Vista Outdoor Inc. The sale prices were between $7.67 and $10.15, with an estimated average price of $8.58.

Contrarian Capital Management, L.l.c. sold out a holding in Frontier Communications Corp. The sale prices were between $1.21 and $2.85, with an estimated average price of $2.04.