Solas Capital Management, LLC Diversified Active

CIK: 0001604867 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $108,345 (100.0% shares, 0.0% debt)

Holdings (27)

EPSN EPSILON ENERGY LTD 10.7%

Value ($000) $11,570 Shares 3,921,938 Est. Cost $2.72 Unrealized -10.5%

NWSA NEWS CORP NEW 10.0%

Value ($000) $10,822 Shares 912,513 Est. Cost $11.89 Unrealized -14.6%

FENC FENNEC PHARMACEUTICALS INC 7.4%

Value ($000) $8,016 Shares 960,000 Est. Cost $4.28 Unrealized +73.6%

SWKH SWK HLDGS CORP 7.1%

Value ($000) $7,679 Shares 641,000 Est. Cost $10.16 Unrealized -2.7%

— EMCORE CORP 6.9%

Value ($000) $7,496 Shares 2,357,227 Est. Cost $3.65 Unrealized —

MPC MARATHON PETE CORP 5.3%

Value ($000) $5,794 Shares 155,000 Est. Cost $38.36 Unrealized -29.2%

GTX GARRETT MOTION INC 5.1%

Value ($000) $5,540 Shares 1,000,000 Est. Cost $11.55 Unrealized -57.7%

— IEC ELECTRS CORP NEW 4.7%

Value ($000) $5,056 Shares 525,000 Est. Cost $6.12 Unrealized —

BXC BLUELINX HLDGS INC 4.3%

Value ($000) $4,648 Shares 542,367 Est. Cost $16.86 Unrealized -63.4%

— HILL INTL INC 3.8%

Value ($000) $4,165 Shares 2,740,000 Est. Cost $2.30 Unrealized —

— COREPOINT LODGING INC 3.6%

Value ($000) $3,894 Shares 925,000 Est. Cost $8.59 Unrealized —

— OAKTREE SPECIALTY LENDING CO 3.3%

Value ($000) $3,524 Shares 788,387 Est. Cost $4.38 Unrealized —

CAKE CHEESECAKE FACTORY INC 3.1%

Value ($000) $3,323 Shares 145,000 Est. Cost $30.06 Unrealized -37.0%

BBW BUILD A BEAR WORKSHOP 3.0%

Value ($000) $3,270 Shares 1,500,000 Est. Cost $2.88 Unrealized -36.8%

— VERSO CORP 2.7%

Value ($000) $2,945 Shares 246,272 Est. Cost $15.16 Unrealized —

— EARTHSTONE ENERGY INC 2.4%

Value ($000) $2,556 Shares 900,000 Est. Cost $3.33 Unrealized —

— ENTERCOM COMMUNICATIONS CORP 2.2%

Value ($000) $2,346 Shares 1,700,000 Est. Cost $3.43 Unrealized —

GIFI GULF ISLAND FABRICATION INC 2.1%

Value ($000) $2,303 Shares 750,000 Est. Cost $3.88 Unrealized -22.6%

— LEE ENTERPRISES INC 2.1%

Value ($000) $2,260 Shares 2,305,978 Est. Cost $0.98 Unrealized —

— 1347 PPTY INS HLDGS INC 2.0%

Value ($000) $2,180 Shares 488,843 Est. Cost $4.10 Unrealized —

BWFG BANKWELL FINL GROUP INC 1.6%

Value ($000) $1,772 Shares 111,442 Est. Cost $12.69 Unrealized 0.0%

BJRI BJS RESTAURANTS INC 1.6%

Value ($000) $1,769 Shares 84,500 Est. Cost $32.00 Unrealized -38.1%

ASIX ADVANSIX INC 1.6%

Value ($000) $1,702 Shares 145,000 Est. Cost $14.18 Unrealized -25.0%

PBF PBF ENERGY INC 1.5%

Value ($000) $1,659 Shares 162,000 Est. Cost $23.64 Unrealized -57.7%

— GOLAR LNG PARTNERS LP 0.9%

Value ($000) $1,006 Shares 390,000 Est. Cost $3.36 Unrealized —

— FRANCESCAS HLDGS CORP 0.5%

Value ($000) $570 Shares 148,100 Est. Cost $10.38 Unrealized —

— STEEL CONNECT INC 0.4%

Value ($000) $480 Shares 799,368 Est. Cost $1.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,921,938	$11,570	10.7%	$2.72	-10.5%	COM	294375209
NWSA	NEWS CORP NEW	912,513	$10,822	10.0%	$11.89	-14.6%	CL A	65249B109
FENC	FENNEC PHARMACEUTICALS INC	960,000	$8,016	7.4%	$4.28	+73.6%	COM	31447P100
SWKH	SWK HLDGS CORP	641,000	$7,679	7.1%	$10.16	-2.7%	COM NEW	78501P203
—	EMCORE CORP	2,357,227	$7,496	6.9%	$3.65	—	COM NEW	290846203
MPC	MARATHON PETE CORP	155,000	$5,794	5.3%	$38.36	-29.2%	COM	56585A102
GTX	GARRETT MOTION INC	1,000,000	$5,540	5.1%	$11.55	-57.7%	COM	366505105
—	IEC ELECTRS CORP NEW	525,000	$5,056	4.7%	$6.12	—	COM	44949L105
BXC	BLUELINX HLDGS INC	542,367	$4,648	4.3%	$16.86	-63.4%	COM NEW	09624H208
—	HILL INTL INC	2,740,000	$4,165	3.8%	$2.30	—	COM	431466101
—	COREPOINT LODGING INC	925,000	$3,894	3.6%	$8.59	—	COM	21872L104
—	OAKTREE SPECIALTY LENDING CO	788,387	$3,524	3.3%	$4.38	—	COM	67401P108
CAKE	CHEESECAKE FACTORY INC	145,000	$3,323	3.1%	$30.06	-37.0%	COM	163072101
BBW	BUILD A BEAR WORKSHOP	1,500,000	$3,270	3.0%	$2.88	-36.8%	COM	120076104
—	VERSO CORP	246,272	$2,945	2.7%	$15.16	—	CL A	92531L207
—	EARTHSTONE ENERGY INC	900,000	$2,556	2.4%	$3.33	—	CL A	27032D304
—	ENTERCOM COMMUNICATIONS CORP	1,700,000	$2,346	2.2%	$3.43	—	CL A	293639100
GIFI	GULF ISLAND FABRICATION INC	750,000	$2,303	2.1%	$3.88	-22.6%	COM	402307102
—	LEE ENTERPRISES INC	2,305,978	$2,260	2.1%	$0.98	—	COM	523768109
—	1347 PPTY INS HLDGS INC	488,843	$2,180	2.0%	$4.10	—	COM	68244P107
BWFG	BANKWELL FINL GROUP INC	111,442	$1,772	1.6%	$12.69	0.0%	COM	06654A103
BJRI	BJS RESTAURANTS INC	84,500	$1,769	1.6%	$32.00	-38.1%	COM	09180C106
ASIX	ADVANSIX INC	145,000	$1,702	1.6%	$14.18	-25.0%	COM	00773T101
PBF	PBF ENERGY INC	162,000	$1,659	1.5%	$23.64	-57.7%	CL A	69318G106
—	GOLAR LNG PARTNERS LP	390,000	$1,006	0.9%	$3.36	—	COM UNIT LPI	Y2745C102
—	FRANCESCAS HLDGS CORP	148,100	$570	0.5%	$10.38	—	COM NEW	351793203
—	STEEL CONNECT INC	799,368	$480	0.4%	$1.64	—	COM	858098106