Solas Capital Management, LLC Diversified Active

CIK: 0001604867 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value ($000): $92,349 (100.0% shares, 0.0% debt)

Holdings (30)

NWSA NEWS CORP NEW 8.9%

Value ($000) $8,190 Shares 912,513 Est. Cost $11.89 Unrealized -0.1%

— VERSO CORP 8.6%

Value ($000) $7,896 Shares 700,000 Est. Cost $15.16 Unrealized —

SWKH SWK HLDGS CORP 7.8%

Value ($000) $7,179 Shares 641,000 Est. Cost $10.16 Unrealized 0.0%

EPSN EPSILON ENERGY LTD 7.7%

Value ($000) $7,076 Shares 2,650,000 Est. Cost $2.85 Unrealized -12.8%

FENC FENNEC PHARMACEUTICALS INC 6.2%

Value ($000) $5,702 Shares 960,000 Est. Cost $4.28 Unrealized +52.2%

— EMCORE CORP 5.7%

Value ($000) $5,280 Shares 2,357,227 Est. Cost $3.65 Unrealized —

MPC MARATHON PETE CORP 4.9%

Value ($000) $4,488 Shares 190,000 Est. Cost $38.36 Unrealized 0.0%

— IEC ELECTRS CORP NEW 4.6%

Value ($000) $4,238 Shares 713,397 Est. Cost $6.12 Unrealized —

— MSG NETWORK INC 4.5%

Value ($000) $4,131 Shares 405,000 Est. Cost $18.78 Unrealized —

— COREPOINT LODGING INC 3.9%

Value ($000) $3,626 Shares 925,000 Est. Cost $8.59 Unrealized —

BXC BLUELINX HLDGS INC 3.9%

Value ($000) $3,614 Shares 730,000 Est. Cost $16.86 Unrealized -33.3%

— HILL INTL INC 3.4%

Value ($000) $3,118 Shares 2,150,000 Est. Cost $2.52 Unrealized —

— ENTERCOM COMMUNICATIONS CORP 3.1%

Value ($000) $2,907 Shares 1,700,000 Est. Cost $3.43 Unrealized —

GTX GARRETT MOTION INC 3.1%

Value ($000) $2,860 Shares 1,000,000 Est. Cost $11.55 Unrealized -37.0%

— OAKTREE SPECIALTY LENDING CO 2.8%

Value ($000) $2,554 Shares 788,387 Est. Cost $4.38 Unrealized —

CAKE CHEESECAKE FACTORY INC 2.7%

Value ($000) $2,477 Shares 145,000 Est. Cost $30.06 Unrealized 0.0%

— 1347 PPTY INS HLDGS INC 2.6%

Value ($000) $2,386 Shares 488,843 Est. Cost $4.10 Unrealized —

ASIX ADVANSIX INC 2.5%

Value ($000) $2,337 Shares 245,000 Est. Cost $14.18 Unrealized 0.0%

— EARTHSTONE ENERGY INC 2.3%

Value ($000) $2,156 Shares 1,225,000 Est. Cost $3.33 Unrealized —

BBW BUILD A BEAR WORKSHOP 2.3%

Value ($000) $2,145 Shares 1,500,000 Est. Cost $2.88 Unrealized +5.5%

BJRI BJS RESTAURANTS INC 1.8%

Value ($000) $1,632 Shares 117,500 Est. Cost $32.00 Unrealized 0.0%

— GOLAR LNG PARTNERS LP 1.4%

Value ($000) $1,310 Shares 390,000 Est. Cost $3.36 Unrealized —

GIFI GULF ISLAND FABRICATION INC 1.4%

Value ($000) $1,300 Shares 433,273 Est. Cost $4.52 Unrealized 0.0%

PBF PBF ENERGY INC 1.2%

Value ($000) $1,147 Shares 162,000 Est. Cost $23.64 Unrealized -5.1%

RRTS ROADRUNNER TRANSN SYS INC 1.0%

Value ($000) $891 Shares 349,416 Est. Cost $9.25 Unrealized -20.7%

— STEEL CONNECT INC 0.6%

Value ($000) $600 Shares 799,368 Est. Cost $1.64 Unrealized —

VRTS VIRTUS INVT PARTNERS INC 0.5%

Value ($000) $460 Shares 6,043 Est. Cost $77.11 Unrealized +19.4%

— FRANCESCAS HLDGS CORP 0.4%

Value ($000) $336 Shares 148,100 Est. Cost $10.38 Unrealized —

EMMS EMMIS COMMUNICATIONS CORP 0.2%

Value ($000) $199 Shares 99,629 Est. Cost $3.36 Unrealized 0.0%

— LEE ENTERPRISES INC 0.1%

Value ($000) $114 Shares 116,374 Est. Cost $0.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NWSA	NEWS CORP NEW	912,513	$8,190	8.9%	$11.89	-0.1%	CL A	65249B109
—	VERSO CORP	700,000	$7,896	8.6%	$15.16	—	CL A	92531L207
SWKH	SWK HLDGS CORP	641,000	$7,179	7.8%	$10.16	0.0%	COM NEW	78501P203
EPSN	EPSILON ENERGY LTD	2,650,000	$7,076	7.7%	$2.85	-12.8%	COM	294375209
FENC	FENNEC PHARMACEUTICALS INC	960,000	$5,702	6.2%	$4.28	+52.2%	COM	31447P100
—	EMCORE CORP	2,357,227	$5,280	5.7%	$3.65	—	COM NEW	290846203
MPC	MARATHON PETE CORP	190,000	$4,488	4.9%	$38.36	0.0%	COM	56585A102
—	IEC ELECTRS CORP NEW	713,397	$4,238	4.6%	$6.12	—	COM	44949L105
—	MSG NETWORK INC	405,000	$4,131	4.5%	$18.78	—	CL A	553573106
—	COREPOINT LODGING INC	925,000	$3,626	3.9%	$8.59	—	COM	21872L104
BXC	BLUELINX HLDGS INC	730,000	$3,614	3.9%	$16.86	-33.3%	COM NEW	09624H208
—	HILL INTL INC	2,150,000	$3,118	3.4%	$2.52	—	COM	431466101
—	ENTERCOM COMMUNICATIONS CORP	1,700,000	$2,907	3.1%	$3.43	—	CL A	293639100
GTX	GARRETT MOTION INC	1,000,000	$2,860	3.1%	$11.55	-37.0%	COM	366505105
—	OAKTREE SPECIALTY LENDING CO	788,387	$2,554	2.8%	$4.38	—	COM	67401P108
CAKE	CHEESECAKE FACTORY INC	145,000	$2,477	2.7%	$30.06	0.0%	COM	163072101
—	1347 PPTY INS HLDGS INC	488,843	$2,386	2.6%	$4.10	—	COM	68244P107
ASIX	ADVANSIX INC	245,000	$2,337	2.5%	$14.18	0.0%	COM	00773T101
—	EARTHSTONE ENERGY INC	1,225,000	$2,156	2.3%	$3.33	—	CL A	27032D304
BBW	BUILD A BEAR WORKSHOP	1,500,000	$2,145	2.3%	$2.88	+5.5%	COM	120076104
BJRI	BJS RESTAURANTS INC	117,500	$1,632	1.8%	$32.00	0.0%	COM	09180C106
—	GOLAR LNG PARTNERS LP	390,000	$1,310	1.4%	$3.36	—	COM UNIT LPI	Y2745C102
GIFI	GULF ISLAND FABRICATION INC	433,273	$1,300	1.4%	$4.52	0.0%	COM	402307102
PBF	PBF ENERGY INC	162,000	$1,147	1.2%	$23.64	-5.1%	CL A	69318G106
RRTS	ROADRUNNER TRANSN SYS INC	349,416	$891	1.0%	$9.25	-20.7%	COM NEW	76973Q204
—	STEEL CONNECT INC	799,368	$600	0.6%	$1.64	—	COM	858098106
VRTS	VIRTUS INVT PARTNERS INC	6,043	$460	0.5%	$77.11	+19.4%	COM	92828Q109
—	FRANCESCAS HLDGS CORP	148,100	$336	0.4%	$10.38	—	COM NEW	351793203
EMMS	EMMIS COMMUNICATIONS CORP	99,629	$199	0.2%	$3.36	0.0%	COM NEW CL A	291525400
—	LEE ENTERPRISES INC	116,374	$114	0.1%	$0.98	—	COM	523768109