Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value: $131M (100.0% shares, 0.0% debt)

Holdings (29)

EPSN EPSILON ENERGY LTD 11.1%

Value $14.55M Shares 3,921,938 Share Price $3.71 * Est. Cost/Share $2.72 Unrealized @ Report Date +0.6%

NWSA NEWS CORP NEW 8.2%

Value $10.78M Shares 600,000 Share Price $17.97 * Est. Cost/Share $11.89 Unrealized @ Report Date +29.7%

BXC BLUELINX HLDGS INC 7.5%

Value $9.775M Shares 334,073 Share Price $29.26 * Est. Cost/Share $16.86 Unrealized @ Report Date +51.6%

SWKH SWK HLDGS CORP 6.2%

Value $8.136M Shares 565,368 Share Price $14.39 * Est. Cost/Share $10.16 Unrealized @ Report Date +14.0%

BBW BUILD A BEAR WORKSHOP 4.9%

Value $6.405M Shares 1,500,000 Share Price $4.27 * Est. Cost/Share $2.88 Unrealized @ Report Date +13.1%

— EMCORE CORP 4.9%

Value $6.404M Shares 1,175,000 Share Price $5.45 Est. Cost/Share $3.65 Unrealized @ Report Date —

— COREPOINT LODGING INC 4.9%

Value $6.37M Shares 925,878 Share Price $6.88 Est. Cost/Share $8.59 Unrealized @ Report Date —

MPC MARATHON PETE CORP 4.8%

Value $6.349M Shares 153,500 Share Price $41.36 * Est. Cost/Share $37.03 Unrealized @ Report Date -15.5%

FENC FENNEC PHARMACEUTICALS INC 4.5%

Value $5.96M Shares 800,000 Share Price $7.45 * Est. Cost/Share $4.28 Unrealized @ Report Date +77.8%

CAKE CHEESECAKE FACTORY INC 4.1%

Value $5.374M Shares 145,000 Share Price $37.06 * Est. Cost/Share $30.06 Unrealized @ Report Date +2.8%

— HILL INTL INC 4.0%

Value $5.261M Shares 2,740,000 Share Price $1.92 Est. Cost/Share $2.30 Unrealized @ Report Date —

— EARTHSTONE ENERGY INC 3.7%

Value $4.797M Shares 900,000 Share Price $5.33 Est. Cost/Share $3.33 Unrealized @ Report Date —

— OAKTREE SPECIALTY LENDING CO 3.4%

Value $4.391M Shares 788,387 Share Price $5.57 Est. Cost/Share $4.38 Unrealized @ Report Date —

— ENTERCOM COMMUNICATIONS CORP 3.2%

Value $4.206M Shares 1,703,005 Share Price $2.47 Est. Cost/Share $3.43 Unrealized @ Report Date —

— IEC ELECTRS CORP NEW 2.9%

Value $3.794M Shares 280,000 Share Price $13.55 Est. Cost/Share $6.12 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 2.9%

Value $3.771M Shares 340,000 Share Price $11.09 * Est. Cost/Share $8.81 Unrealized @ Report Date +23.3%

— LEE ENTERPRISES INC 2.7%

Value $3.588M Shares 2,847,978 Share Price $1.26 Est. Cost/Share $0.95 Unrealized @ Report Date —

— SAFEGUARD SCIENTIFICS INC 2.3%

Value $3.077M Shares 482,277 Share Price $6.38 Est. Cost/Share $6.38 Unrealized @ Report Date —

CNXC CONCENTRIX CORP 2.3%

Value $3.02M Shares 30,600 Share Price $98.69 * Est. Cost/Share $90.48 Unrealized @ Report Date 0.0%

— PROCESSA PHARMACEUTICALS INC 2.3%

Value $2.968M Shares 450,000 Share Price $6.60 Est. Cost/Share $6.60 Unrealized @ Report Date —

ASIX ADVANSIX INC 2.2%

Value $2.899M Shares 145,000 Share Price $19.99 * Est. Cost/Share $14.18 Unrealized @ Report Date +10.4%

BWFG BANKWELL FINL GROUP INC 1.9%

Value $2.495M Shares 127,623 Share Price $19.55 * Est. Cost/Share $12.81 Unrealized @ Report Date +18.3%

GIFI GULF ISLAND FABRICATION INC 1.8%

Value $2.295M Shares 750,000 Share Price $3.06 * Est. Cost/Share $3.88 Unrealized @ Report Date -17.9%

PBF PBF ENERGY INC 0.9%

Value $1.146M Shares 161,365 Share Price $7.10 * Est. Cost/Share $23.64 Unrealized @ Report Date -72.4%

TTI TETRA TECHNOLOGIES INC DEL 0.8%

Value $988K Shares 1,146,595 Share Price $0.86 * Est. Cost/Share $0.69 Unrealized @ Report Date 0.0%

— GOLAR LNG PARTNERS LP 0.7%

Value $933K Shares 361,730 Share Price $2.58 Est. Cost/Share $3.36 Unrealized @ Report Date —

— STEEL CONNECT INC 0.5%

Value $629K Shares 799,368 Share Price $0.79 Est. Cost/Share $1.64 Unrealized @ Report Date —

— BRISTOL-MYERS SQUIBB CO 0.5%

Value $621K Shares 900,000 Share Price $0.69 Est. Cost/Share $2.25 Unrealized @ Report Date —

CLDT CHATHAM LODGING TR 0.1%

Value $86,000 Shares 7,924 Share Price $10.85 Est. Cost/Share $10.85 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,921,938	$14.55M	11.1%	$3.71 *	$2.72	+0.6%	COM	294375209
NWSA	NEWS CORP NEW	600,000	$10.78M	8.2%	$17.97 *	$11.89	+29.7%	CL A	65249B109
BXC	BLUELINX HLDGS INC	334,073	$9.775M	7.5%	$29.26 *	$16.86	+51.6%	COM NEW	09624H208
SWKH	SWK HLDGS CORP	565,368	$8.136M	6.2%	$14.39 *	$10.16	+14.0%	COM NEW	78501P203
BBW	BUILD A BEAR WORKSHOP	1,500,000	$6.405M	4.9%	$4.27 *	$2.88	+13.1%	COM	120076104
—	EMCORE CORP	1,175,000	$6.404M	4.9%	$5.45	$3.65	—	COM NEW	290846203
—	COREPOINT LODGING INC	925,878	$6.37M	4.9%	$6.88	$8.59	—	COM	21872L104
MPC	MARATHON PETE CORP	153,500	$6.349M	4.8%	$41.36 *	$37.03	-15.5%	COM	56585A102
FENC	FENNEC PHARMACEUTICALS INC	800,000	$5.96M	4.5%	$7.45 *	$4.28	+77.8%	COM	31447P100
CAKE	CHEESECAKE FACTORY INC	145,000	$5.374M	4.1%	$37.06 *	$30.06	+2.8%	COM	163072101
—	HILL INTL INC	2,740,000	$5.261M	4.0%	$1.92	$2.30	—	COM	431466101
—	EARTHSTONE ENERGY INC	900,000	$4.797M	3.7%	$5.33	$3.33	—	CL A	27032D304
—	OAKTREE SPECIALTY LENDING CO	788,387	$4.391M	3.4%	$5.57	$4.38	—	COM	67401P108
—	ENTERCOM COMMUNICATIONS CORP	1,703,005	$4.206M	3.2%	$2.47	$3.43	—	CL A	293639100
—	IEC ELECTRS CORP NEW	280,000	$3.794M	2.9%	$13.55	$6.12	—	COM	44949L105
LILAK	LIBERTY LATIN AMERICA LTD	340,000	$3.771M	2.9%	$11.09 *	$8.81	+23.3%	COM CL C	G9001E128
—	LEE ENTERPRISES INC	2,847,978	$3.588M	2.7%	$1.26	$0.95	—	COM	523768109
—	SAFEGUARD SCIENTIFICS INC	482,277	$3.077M	2.3%	$6.38	$6.38	—	COM NEW	786449207
CNXC	CONCENTRIX CORP	30,600	$3.02M	2.3%	$98.69 *	$90.48	0.0%	COM	20602D101
—	PROCESSA PHARMACEUTICALS INC	450,000	$2.968M	2.3%	$6.60	$6.60	—	COM NEW	74275C205
ASIX	ADVANSIX INC	145,000	$2.899M	2.2%	$19.99 *	$14.18	+10.4%	COM	00773T101
BWFG	BANKWELL FINL GROUP INC	127,623	$2.495M	1.9%	$19.55 *	$12.81	+18.3%	COM	06654A103
GIFI	GULF ISLAND FABRICATION INC	750,000	$2.295M	1.8%	$3.06 *	$3.88	-17.9%	COM	402307102
PBF	PBF ENERGY INC	161,365	$1.146M	0.9%	$7.10 *	$23.64	-72.4%	CL A	69318G106
TTI	TETRA TECHNOLOGIES INC DEL	1,146,595	$988K	0.8%	$0.86 *	$0.69	0.0%	COM	88162F105
—	GOLAR LNG PARTNERS LP	361,730	$933K	0.7%	$2.58	$3.36	—	COM UNIT LPI	Y2745C102
—	STEEL CONNECT INC	799,368	$629K	0.5%	$0.79	$1.64	—	COM	858098106
—	BRISTOL-MYERS SQUIBB CO	900,000	$621K	0.5%	$0.69	$2.25	—	RIGHT 99/99/9999	110122157
CLDT	CHATHAM LODGING TR	7,924	$86,000	0.1%	$10.85	$10.85	—	COM	16208T102