$187 Million is the total value of Solas Capital Management, LLC's 26 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 38.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| EPSN | Buy | EPSILON ENERGY LTD | $19,269,214 | -12.2% | 3,608,467 | +9.1% | 10.29% | -21.8% |
| Buy | ARDAGH METAL PACKAGING S A | $12,674,589 | -1.8% | 3,106,517 | +15.8% | 6.77% | -12.6% | |
| Buy | ZIMVIE INC | $12,359,765 | +110.1% | 1,709,511 | +171.4% | 6.60% | +87.0% | |
| New | SWEETGREEN INC | $12,352,500 | – | 1,575,574 | +100.0% | 6.60% | – | |
| LILAK | Sell | LIBERTY LATIN AMERICA LTD | $11,903,560 | -17.5% | 1,441,109 | -24.1% | 6.36% | -26.6% |
| Buy | ALGOMA STL GROUP INC | $10,728,228 | +29.5% | 1,327,751 | +1.6% | 5.73% | +15.3% | |
| FENC | Buy | FENNEC PHARMACEUTICALS INC | $10,687,398 | -11.1% | 1,284,543 | +2.6% | 5.71% | -20.8% |
| Sell | KYNDRYL HLDGS INC | $10,478,877 | +14.4% | 709,951 | -13.8% | 5.60% | +1.8% | |
| CGNT | COGNYTE SOFTWARE LTD | $9,315,167 | +9.0% | 2,747,837 | 0.0% | 4.97% | -2.9% | |
| AAN | Buy | THE AARONS COMPANY INC | $8,993,161 | -14.9% | 930,969 | +5.3% | 4.80% | -24.2% |
| CRC | New | CALIFORNIA RES CORP | $8,393,000 | – | 218,000 | +100.0% | 4.48% | – |
| GPS | New | GAP INC | $8,320,650 | – | 828,750 | +100.0% | 4.44% | – |
| Buy | FTAI INFRASTRUCTURE INC | $6,660,000 | +29.0% | 2,220,000 | +26.9% | 3.56% | +14.9% | |
| NCR | Buy | NCR CORP NEW | $6,459,131 | +99.1% | 273,808 | +97.6% | 3.45% | +77.2% |
| SPWH | Buy | SPORTSMANS WHSE HLDGS INC | $5,897,331 | +5.4% | 695,440 | +16.9% | 3.15% | -6.2% |
| Buy | ORION OFFICE REIT INC | $5,440,467 | -1.4% | 812,010 | +25.6% | 2.90% | -12.3% | |
| FLEX | New | FLEX LTDord | $5,062,200 | – | 220,000 | +100.0% | 2.70% | – |
| GTXAP | Sell | GARRETT MOTION INCpfd conv ser a | $4,418,330 | -40.8% | 497,000 | -42.1% | 2.36% | -47.3% |
| QMCO | Sell | QUANTUM CORP | $4,287,324 | -22.7% | 3,728,108 | -26.7% | 2.29% | -31.2% |
| Buy | LEE ENTERPRISES INC | $3,322,656 | -22.8% | 266,880 | +15.1% | 1.77% | -31.3% | |
| GIFI | GULF IS FABRICATION INC | $3,262,353 | -27.9% | 881,717 | 0.0% | 1.74% | -35.8% | |
| CVEO | New | CIVEO CORP CDA | $2,552,340 | – | 123,600 | +100.0% | 1.36% | – |
| CSU | SONIDA SENIOR LIVING INC | $2,229,089 | -45.7% | 328,290 | 0.0% | 1.19% | -51.6% | |
| NRP | Sell | NATURAL RESOURCE PARTNERS L | $954,477 | -48.8% | 18,285 | -46.7% | 0.51% | -54.3% |
| MODULAR MED INC | $655,620 | -27.5% | 452,152 | 0.0% | 0.35% | -35.4% | ||
| AUD | Buy | AUDACY INCcl a | $604,716 | -36.0% | 4,489,355 | +6.9% | 0.32% | -43.0% |
| RCII | Exit | RENT A CTR INC NEW | $0 | – | -24,960 | -100.0% | -0.34% | – |
| X | Exit | UNITED STATES STL CORP NEW | $0 | – | -24,000 | -100.0% | -0.36% | – |
| CCK | Exit | CROWN HLDGS INC | $0 | – | -9,600 | -100.0% | -0.47% | – |
| Exit | WARNER BROS DISCOVERY INC | $0 | – | -600,000 | -100.0% | -3.41% | – | |
| FRG | Exit | FRANCHISE GROUP INC | $0 | – | -259,700 | -100.0% | -3.71% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-15
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| FENNEC PHARMACEUTICALS INC | 18 | Q3 2023 | 9.1% |
| EPSILON ENERGY LTD | 16 | Q3 2023 | 19.0% |
| HILL INTL INC | 16 | Q3 2022 | 6.3% |
| GULF ISLAND FABRICATION INC | 15 | Q3 2023 | 2.8% |
| BLUELINX HLDGS INC | 13 | Q4 2021 | 9.9% |
| LIBERTY LATIN AMERICA LTD | 13 | Q3 2023 | 8.7% |
| STEEL CONNECT INC | 13 | Q4 2021 | 1.5% |
| GARRETT MOTION INC | 11 | Q3 2023 | 10.5% |
| THE AARONS COMPANY INC | 11 | Q3 2023 | 8.0% |
| OAKTREE SPECIALTY LENDING CO | 11 | Q2 2021 | 8.8% |
View Solas Capital Management, LLC's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| EMCORE CORP | February 16, 2021 | 1,175,000 | 4.0% |
| EMMIS COMMUNICATIONS CORP | February 16, 2021 | 1,157,100 | 9.5% |
| FG Financial Group, Inc.Sold out | February 16, 2021 | 0 | 0.0% |
| IEC ELECTRONICS CORP | February 16, 2021 | 280,000 | 2.7% |
| BUILD-A-BEAR WORKSHOP INC | February 01, 2021 | 501,016 | 3.1% |
| HG Holdings, Inc. | June 29, 2020 | 13,980,619 | 40.6% |
| 1347 Property Insurance Holdings, Inc. | February 14, 2020 | 444,108 | 7.4% |
| BlueLinx Holdings Inc. | February 14, 2019 | 362,614 | 3.9% |
| hhgregg, Inc.Sold out | February 13, 2018 | 0 | 0.0% |
| OTELCO INC.Sold out | February 13, 2018 | 0 | 0.0% |
View Solas Capital Management, LLC's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G | 2024-02-14 |
| SC 13G | 2024-02-14 |
| 4 | 2024-02-05 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 4 | 2023-07-10 |
| 13F-HR | 2023-05-15 |
View Solas Capital Management, LLC's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.