Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value: $104M (100.0% shares, 0.0% debt)

Holdings (22)

NWSA NEWS CORP NEW 13.7%

Value $14.22M Shares 1,006,000 Share Price $14.14 * Est. Cost/Share $11.89 Unrealized @ Report Date +6.4%

— VERSO CORP 8.7%

Value $9.067M Shares 502,862 Share Price $18.03 Est. Cost/Share $16.68 Unrealized @ Report Date —

EPSN EPSILON ENERGY LTD 8.2%

Value $8.486M Shares 2,571,397 Share Price $3.30 * Est. Cost/Share $2.86 Unrealized @ Report Date 0.0%

— EMCORE CORP 6.5%

Value $6.787M Shares 2,232,630 Share Price $3.04 Est. Cost/Share $3.73 Unrealized @ Report Date —

GTX GARRETT MOTION INC 6.5%

Value $6.728M Shares 673,500 Share Price $9.99 * Est. Cost/Share $13.62 Unrealized @ Report Date -25.2%

FENC FENNEC PHARMACEUTICALS INC 6.1%

Value $6.307M Shares 971,795 Share Price $6.49 * Est. Cost/Share $4.28 Unrealized @ Report Date +25.4%

— COREPOINT LODGING INC 5.4%

Value $5.625M Shares 526,725 Share Price $10.68 Est. Cost/Share $12.11 Unrealized @ Report Date —

— IEC ELECTRS CORP NEW 5.3%

Value $5.557M Shares 611,383 Share Price $9.09 Est. Cost/Share $6.14 Unrealized @ Report Date —

— MSG NETWORK INC 5.1%

Value $5.319M Shares 305,700 Share Price $17.40 Est. Cost/Share $21.57 Unrealized @ Report Date —

BXC BLUELINX HLDGS INC 4.9%

Value $5.103M Shares 358,106 Share Price $14.25 * Est. Cost/Share $22.70 Unrealized @ Report Date -9.7%

— HILL INTERNATIONAL INC 4.6%

Value $4.791M Shares 1,516,207 Share Price $3.16 Est. Cost/Share $2.97 Unrealized @ Report Date —

— ENTERCOM COMMUNICATIONS CORP 4.0%

Value $4.114M Shares 886,700 Share Price $4.64 Est. Cost/Share $5.01 Unrealized @ Report Date —

— OAKTREE SPECIALTY LENDING CO 4.0%

Value $4.109M Shares 752,500 Share Price $5.46 Est. Cost/Share $4.43 Unrealized @ Report Date —

— EARTHSTONE ENERGY INC 2.8%

Value $2.882M Shares 455,304 Share Price $6.33 Est. Cost/Share $5.98 Unrealized @ Report Date —

— 1347 PPTY INS HLDGS INC 2.4%

Value $2.451M Shares 444,108 Share Price $5.52 Est. Cost/Share $4.02 Unrealized @ Report Date —

BBW BUILD A BEAR WORKSHOP 2.3%

Value $2.414M Shares 745,000 Share Price $3.24 * Est. Cost/Share $2.72 Unrealized @ Report Date 0.0%

VRTS VIRTUS INVT PARTNERS INC 2.2%

Value $2.268M Shares 18,635 Share Price $121.71 * Est. Cost/Share $77.11 Unrealized @ Report Date +17.4%

RRTS ROADRUNNER TRANSN SYS INC 2.1%

Value $2.171M Shares 235,700 Share Price $9.21 * Est. Cost/Share $10.18 Unrealized @ Report Date -4.4%

PBF PBF ENERGY INC 1.9%

Value $1.957M Shares 62,400 Share Price $31.36 Est. Cost/Share $25.54 Unrealized @ Report Date +20.4%

— FRANCESCAS HLDGS CORP 1.5%

Value $1.554M Shares 149,700 Share Price $10.38 Est. Cost/Share $10.38 Unrealized @ Report Date —

— STEEL CONNECT INC 1.0%

Value $1.077M Shares 737,673 Share Price $1.46 Est. Cost/Share $1.71 Unrealized @ Report Date —

— INTERNAP CORP 1.0%

Value $1.028M Shares 934,322 Share Price $1.10 Est. Cost/Share $3.01 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NWSA	NEWS CORP NEW	1,006,000	$14.22M	13.7%	$14.14 *	$11.89	+6.4%	CL A	65249B109
—	VERSO CORP	502,862	$9.067M	8.7%	$18.03	$16.68	—	CL A	92531L207
EPSN	EPSILON ENERGY LTD	2,571,397	$8.486M	8.2%	$3.30 *	$2.86	0.0%	COM	294375209
—	EMCORE CORP	2,232,630	$6.787M	6.5%	$3.04	$3.73	—	COM NEW	290846203
GTX	GARRETT MOTION INC	673,500	$6.728M	6.5%	$9.99 *	$13.62	-25.2%	COM	366505105
FENC	FENNEC PHARMACEUTICALS INC	971,795	$6.307M	6.1%	$6.49 *	$4.28	+25.4%	COM	31447P100
—	COREPOINT LODGING INC	526,725	$5.625M	5.4%	$10.68	$12.11	—	COM	21872L104
—	IEC ELECTRS CORP NEW	611,383	$5.557M	5.3%	$9.09	$6.14	—	COM	44949L105
—	MSG NETWORK INC	305,700	$5.319M	5.1%	$17.40	$21.57	—	CL A	553573106
BXC	BLUELINX HLDGS INC	358,106	$5.103M	4.9%	$14.25 *	$22.70	-9.7%	COM NEW	09624H208
—	HILL INTERNATIONAL INC	1,516,207	$4.791M	4.6%	$3.16	$2.97	—	COM	431466101
—	ENTERCOM COMMUNICATIONS CORP	886,700	$4.114M	4.0%	$4.64	$5.01	—	CL A	293639100
—	OAKTREE SPECIALTY LENDING CO	752,500	$4.109M	4.0%	$5.46	$4.43	—	COM	67401P108
—	EARTHSTONE ENERGY INC	455,304	$2.882M	2.8%	$6.33	$5.98	—	CL A	27032D304
—	1347 PPTY INS HLDGS INC	444,108	$2.451M	2.4%	$5.52	$4.02	—	COM	68244P107
BBW	BUILD A BEAR WORKSHOP	745,000	$2.414M	2.3%	$3.24 *	$2.72	0.0%	COM	120076104
VRTS	VIRTUS INVT PARTNERS INC	18,635	$2.268M	2.2%	$121.71 *	$77.11	+17.4%	COM	92828Q109
RRTS	ROADRUNNER TRANSN SYS INC	235,700	$2.171M	2.1%	$9.21 *	$10.18	-4.4%	COM NEW	76973Q204
PBF	PBF ENERGY INC	62,400	$1.957M	1.9%	$31.36	$25.54	+20.4%	CL A	69318G106
—	FRANCESCAS HLDGS CORP	149,700	$1.554M	1.5%	$10.38	$10.38	—	COM NEW	351793203
—	STEEL CONNECT INC	737,673	$1.077M	1.0%	$1.46	$1.71	—	COM	858098106
—	INTERNAP CORP	934,322	$1.028M	1.0%	$1.10	$3.01	—	COM PAR	45885A409