Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 16, 2020

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

Holdings (25)

EPSN EPSILON ENERGY LTD 11.4%

Value $11.88M Shares 3,921,938 Share Price $3.03 * Est. Cost/Share $2.72 Unrealized @ Report Date -4.1%

BXC BLUELINX HLDGS INC 9.9%

Value $10.33M Shares 480,000 Share Price $21.53 * Est. Cost/Share $16.86 Unrealized @ Report Date -4.3%

NWSA NEWS CORP NEW 8.1%

Value $8.412M Shares 600,000 Share Price $14.02 * Est. Cost/Share $11.89 Unrealized @ Report Date +11.7%

SWKH SWK HLDGS CORP 7.9%

Value $8.256M Shares 589,740 Share Price $14.00 * Est. Cost/Share $10.16 Unrealized @ Report Date +2.9%

— EMCORE CORP 6.8%

Value $7.059M Shares 2,171,927 Share Price $3.25 Est. Cost/Share $3.65 Unrealized @ Report Date —

MPC MARATHON PETE CORP 5.2%

Value $5.428M Shares 185,000 Share Price $29.34 * Est. Cost/Share $37.03 Unrealized @ Report Date -18.6%

— COREPOINT LODGING INC 4.8%

Value $5.041M Shares 925,000 Share Price $5.45 Est. Cost/Share $8.59 Unrealized @ Report Date —

FENC FENNEC PHARMACEUTICALS INC 4.6%

Value $4.848M Shares 800,000 Share Price $6.06 * Est. Cost/Share $4.28 Unrealized @ Report Date +64.5%

— IEC ELECTRS CORP NEW 4.4%

Value $4.541M Shares 525,000 Share Price $8.65 Est. Cost/Share $6.12 Unrealized @ Report Date —

CAKE CHEESECAKE FACTORY INC 3.9%

Value $4.022M Shares 145,000 Share Price $27.74 * Est. Cost/Share $30.06 Unrealized @ Report Date -21.4%

LILAK LIBERTY LATIN AMERICA LTD 3.7%

Value $3.867M Shares 475,000 Share Price $8.14 * Est. Cost/Share $8.81 Unrealized @ Report Date 0.0%

— OAKTREE SPECIALTY LENDING CO 3.7%

Value $3.816M Shares 788,387 Share Price $4.84 Est. Cost/Share $4.38 Unrealized @ Report Date —

BBW BUILD A BEAR WORKSHOP 3.6%

Value $3.75M Shares 1,500,000 Share Price $2.50 * Est. Cost/Share $2.88 Unrealized @ Report Date -25.4%

— HILL INTL INC 3.5%

Value $3.617M Shares 2,740,000 Share Price $1.32 Est. Cost/Share $2.30 Unrealized @ Report Date —

— ENTERCOM COMMUNICATIONS CORP 2.6%

Value $2.737M Shares 1,700,000 Share Price $1.61 Est. Cost/Share $3.43 Unrealized @ Report Date —

— LEE ENTERPRISES INC 2.3%

Value $2.389M Shares 2,847,978 Share Price $0.84 Est. Cost/Share $0.95 Unrealized @ Report Date —

GIFI GULF ISLAND FABRICATION INC 2.2%

Value $2.348M Shares 750,000 Share Price $3.13 * Est. Cost/Share $3.88 Unrealized @ Report Date -22.6%

— EARTHSTONE ENERGY INC 2.2%

Value $2.331M Shares 900,000 Share Price $2.59 Est. Cost/Share $3.33 Unrealized @ Report Date —

— BRISTOL-MYERS SQUIBB CO 1.9%

Value $2.025M Shares 900,000 Share Price $2.25 Est. Cost/Share $2.25 Unrealized @ Report Date —

— 1347 PPTY INS HLDGS INC 1.8%

Value $1.882M Shares 488,843 Share Price $3.85 Est. Cost/Share $4.10 Unrealized @ Report Date —

ASIX ADVANSIX INC 1.8%

Value $1.868M Shares 145,000 Share Price $12.88 * Est. Cost/Share $14.18 Unrealized @ Report Date -19.6%

BWFG BANKWELL FINL GROUP INC 1.7%

Value $1.772M Shares 125,264 Share Price $14.15 * Est. Cost/Share $12.76 Unrealized @ Report Date +4.5%

PBF PBF ENERGY INC 0.9%

Value $922K Shares 162,000 Share Price $5.69 * Est. Cost/Share $23.64 Unrealized @ Report Date -64.9%

— GOLAR LNG PARTNERS LP 0.8%

Value $792K Shares 390,000 Share Price $2.03 Est. Cost/Share $3.36 Unrealized @ Report Date —

— STEEL CONNECT INC 0.4%

Value $434K Shares 799,368 Share Price $0.54 Est. Cost/Share $1.64 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,921,938	$11.88M	11.4%	$3.03 *	$2.72	-4.1%	COM	294375209
BXC	BLUELINX HLDGS INC	480,000	$10.33M	9.9%	$21.53 *	$16.86	-4.3%	COM NEW	09624H208
NWSA	NEWS CORP NEW	600,000	$8.412M	8.1%	$14.02 *	$11.89	+11.7%	CL A	65249B109
SWKH	SWK HLDGS CORP	589,740	$8.256M	7.9%	$14.00 *	$10.16	+2.9%	COM NEW	78501P203
—	EMCORE CORP	2,171,927	$7.059M	6.8%	$3.25	$3.65	—	COM NEW	290846203
MPC	MARATHON PETE CORP	185,000	$5.428M	5.2%	$29.34 *	$37.03	-18.6%	COM	56585A102
—	COREPOINT LODGING INC	925,000	$5.041M	4.8%	$5.45	$8.59	—	COM	21872L104
FENC	FENNEC PHARMACEUTICALS INC	800,000	$4.848M	4.6%	$6.06 *	$4.28	+64.5%	COM	31447P100
—	IEC ELECTRS CORP NEW	525,000	$4.541M	4.4%	$8.65	$6.12	—	COM	44949L105
CAKE	CHEESECAKE FACTORY INC	145,000	$4.022M	3.9%	$27.74 *	$30.06	-21.4%	COM	163072101
LILAK	LIBERTY LATIN AMERICA LTD	475,000	$3.867M	3.7%	$8.14 *	$8.81	0.0%	COM CL C	G9001E128
—	OAKTREE SPECIALTY LENDING CO	788,387	$3.816M	3.7%	$4.84	$4.38	—	COM	67401P108
BBW	BUILD A BEAR WORKSHOP	1,500,000	$3.75M	3.6%	$2.50 *	$2.88	-25.4%	COM	120076104
—	HILL INTL INC	2,740,000	$3.617M	3.5%	$1.32	$2.30	—	COM	431466101
—	ENTERCOM COMMUNICATIONS CORP	1,700,000	$2.737M	2.6%	$1.61	$3.43	—	CL A	293639100
—	LEE ENTERPRISES INC	2,847,978	$2.389M	2.3%	$0.84	$0.95	—	COM	523768109
GIFI	GULF ISLAND FABRICATION INC	750,000	$2.348M	2.2%	$3.13 *	$3.88	-22.6%	COM	402307102
—	EARTHSTONE ENERGY INC	900,000	$2.331M	2.2%	$2.59	$3.33	—	CL A	27032D304
—	BRISTOL-MYERS SQUIBB CO	900,000	$2.025M	1.9%	$2.25	$2.25	—	RIGHT 99/99/9999	110122157
—	1347 PPTY INS HLDGS INC	488,843	$1.882M	1.8%	$3.85	$4.10	—	COM	68244P107
ASIX	ADVANSIX INC	145,000	$1.868M	1.8%	$12.88 *	$14.18	-19.6%	COM	00773T101
BWFG	BANKWELL FINL GROUP INC	125,264	$1.772M	1.7%	$14.15 *	$12.76	+4.5%	COM	06654A103
PBF	PBF ENERGY INC	162,000	$922K	0.9%	$5.69 *	$23.64	-64.9%	CL A	69318G106
—	GOLAR LNG PARTNERS LP	390,000	$792K	0.8%	$2.03	$3.36	—	COM UNIT LPI	Y2745C102
—	STEEL CONNECT INC	799,368	$434K	0.4%	$0.54	$1.64	—	COM	858098106