Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 15, 2019

Total Value: $90.61M (100.0% shares, 0.0% debt)

Holdings (23)

BXC BLUELINX HLDGS INC 9.7%

Value $8.761M Shares 328,875 Share Price $26.64 * Est. Cost/Share $24.53 Unrealized @ Report Date +15.9%

GTX GARRETT MOTION INC 9.5%

Value $8.617M Shares 585,000 Share Price $14.73 * Est. Cost/Share $13.59 Unrealized @ Report Date +10.9%

— OAKTREE SPECIALTY LENDING CO 8.8%

Value $7.929M Shares 1,530,600 Share Price $5.18 Est. Cost/Share $4.23 Unrealized @ Report Date —

NWSA NEWS CORP NEW 8.2%

Value $7.447M Shares 598,600 Share Price $12.44 * Est. Cost/Share $11.87 Unrealized @ Report Date -1.5%

— SPIRIT RLTY CAP INC NEW 6.3%

Value $5.745M Shares 144,599 Share Price $39.73 Est. Cost/Share $35.25 Unrealized @ Report Date —

— EMCORE CORP 5.2%

Value $4.698M Shares 1,287,232 Share Price $3.65 Est. Cost/Share $4.13 Unrealized @ Report Date —

— HILL INTERNATIONAL INC 4.6%

Value $4.129M Shares 1,413,981 Share Price $2.92 Est. Cost/Share $3.08 Unrealized @ Report Date —

VRTS VIRTUS INVT PARTNERS INC 4.5%

Value $4.097M Shares 42,000 Share Price $97.55 * Est. Cost/Share $77.11 Unrealized @ Report Date -1.9%

— MSG NETWORK INC 4.5%

Value $4.063M Shares 186,800 Share Price $21.75 Est. Cost/Share $23.56 Unrealized @ Report Date —

— ENTERCOM COMMUNICATIONS CORP 4.2%

Value $3.806M Shares 725,000 Share Price $5.25 Est. Cost/Share $5.56 Unrealized @ Report Date —

— SITE CENTERS CORP 4.1%

Value $3.758M Shares 275,899 Share Price $13.62 Est. Cost/Share $11.07 Unrealized @ Report Date —

— AROTECH CORP 3.9%

Value $3.496M Shares 1,193,300 Share Price $2.93 Est. Cost/Share $2.62 Unrealized @ Report Date —

FLEX FLEX LTD 3.6%

Value $3.3M Shares 330,000 Share Price $10.00 * Est. Cost/Share $6.99 Unrealized @ Report Date +2.4%

— ROADRUNNER TRANSN SYS INC 3.6%

Value $3.275M Shares 7,796,544 Share Price $0.42 Est. Cost/Share $0.42 Unrealized @ Report Date —

— FREDS INC 3.4%

Value $3.088M Shares 1,250,000 Share Price $2.47 Est. Cost/Share $1.89 Unrealized @ Report Date —

— IEC ELECTRS CORP NEW 3.2%

Value $2.911M Shares 425,000 Share Price $6.85 Est. Cost/Share $5.81 Unrealized @ Report Date —

— 1347 PPTY INS HLDGS INC 2.6%

Value $2.331M Shares 443,146 Share Price $5.26 Est. Cost/Share $4.02 Unrealized @ Report Date —

— SPIRIT MTA REIT 2.4%

Value $2.217M Shares 341,664 Share Price $6.49 Est. Cost/Share $6.95 Unrealized @ Report Date —

— SUPPORT COM INC 2.3%

Value $2.094M Shares 926,724 Share Price $2.26 Est. Cost/Share $2.45 Unrealized @ Report Date —

— GREAT ELM CAP GROUP INC 2.0%

Value $1.818M Shares 427,694 Share Price $4.25 Est. Cost/Share $3.44 Unrealized @ Report Date —

— STEEL CONNECT INC 1.5%

Value $1.357M Shares 675,157 Share Price $2.01 Est. Cost/Share $1.74 Unrealized @ Report Date —

— RETAIL VALUE INC 1.0%

Value $888K Shares 28,496 Share Price $31.16 Est. Cost/Share $25.76 Unrealized @ Report Date —

— PACIFIC ETHANOL INC 0.9%

Value $784K Shares 800,000 Share Price $0.98 Est. Cost/Share $0.98 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BXC	BLUELINX HLDGS INC	328,875	$8.761M	9.7%	$26.64 *	$24.53	+15.9%	COM NEW	09624H208
GTX	GARRETT MOTION INC	585,000	$8.617M	9.5%	$14.73 *	$13.59	+10.9%	COM	366505105
—	OAKTREE SPECIALTY LENDING CO	1,530,600	$7.929M	8.8%	$5.18	$4.23	—	COM	67401P108
NWSA	NEWS CORP NEW	598,600	$7.447M	8.2%	$12.44 *	$11.87	-1.5%	CL A	65249B109
—	SPIRIT RLTY CAP INC NEW	144,599	$5.745M	6.3%	$39.73	$35.25	—	COM NEW	84860W300
—	EMCORE CORP	1,287,232	$4.698M	5.2%	$3.65	$4.13	—	COM NEW	290846203
—	HILL INTERNATIONAL INC	1,413,981	$4.129M	4.6%	$2.92	$3.08	—	COM	431466101
VRTS	VIRTUS INVT PARTNERS INC	42,000	$4.097M	4.5%	$97.55 *	$77.11	-1.9%	COM	92828Q109
—	MSG NETWORK INC	186,800	$4.063M	4.5%	$21.75	$23.56	—	CL A	553573106
—	ENTERCOM COMMUNICATIONS CORP	725,000	$3.806M	4.2%	$5.25	$5.56	—	CL A	293639100
—	SITE CENTERS CORP	275,899	$3.758M	4.1%	$13.62	$11.07	—	COM	82981J109
—	AROTECH CORP	1,193,300	$3.496M	3.9%	$2.93	$2.62	—	COM NEW	042682203
FLEX	FLEX LTD	330,000	$3.3M	3.6%	$10.00 *	$6.99	+2.4%	ORD	Y2573F102
—	ROADRUNNER TRANSN SYS INC	7,796,544	$3.275M	3.6%	$0.42	$0.42	—	COM	76973Q105
—	FREDS INC	1,250,000	$3.088M	3.4%	$2.47	$1.89	—	CL A	356108100
—	IEC ELECTRS CORP NEW	425,000	$2.911M	3.2%	$6.85	$5.81	—	COM	44949L105
—	1347 PPTY INS HLDGS INC	443,146	$2.331M	2.6%	$5.26	$4.02	—	COM	68244P107
—	SPIRIT MTA REIT	341,664	$2.217M	2.4%	$6.49	$6.95	—	COM SHS BEN IN	84861U105
—	SUPPORT COM INC	926,724	$2.094M	2.3%	$2.26	$2.45	—	COM NEW	86858W200
—	GREAT ELM CAP GROUP INC	427,694	$1.818M	2.0%	$4.25	$3.44	—	COM NEW	39036P209
—	STEEL CONNECT INC	675,157	$1.357M	1.5%	$2.01	$1.74	—	COM	858098106
—	RETAIL VALUE INC	28,496	$888K	1.0%	$31.16	$25.76	—	COM	76133Q102
—	PACIFIC ETHANOL INC	800,000	$784K	0.9%	$0.98	$0.98	—	COM PAR $.001	69423U305