Solas Capital Management, LLC Diversified Active

CIK: 0001604867 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value ($000): $131,070 (100.0% shares, 0.0% debt)

Holdings (29)

EPSN EPSILON ENERGY LTD 11.1%

Value ($000) $14,550 Shares 3,921,938 Est. Cost $2.72 Unrealized +0.6%

NWSA NEWS CORP NEW 8.2%

Value ($000) $10,782 Shares 600,000 Est. Cost $11.89 Unrealized +29.7%

BXC BLUELINX HLDGS INC 7.5%

Value ($000) $9,775 Shares 334,073 Est. Cost $16.86 Unrealized +51.6%

SWKH SWK HLDGS CORP 6.2%

Value ($000) $8,136 Shares 565,368 Est. Cost $10.16 Unrealized +14.0%

BBW BUILD A BEAR WORKSHOP 4.9%

Value ($000) $6,405 Shares 1,500,000 Est. Cost $2.88 Unrealized +13.1%

— EMCORE CORP 4.9%

Value ($000) $6,404 Shares 1,175,000 Est. Cost $3.65 Unrealized —

— COREPOINT LODGING INC 4.9%

Value ($000) $6,370 Shares 925,878 Est. Cost $8.59 Unrealized —

MPC MARATHON PETE CORP 4.8%

Value ($000) $6,349 Shares 153,500 Est. Cost $37.03 Unrealized -15.5%

FENC FENNEC PHARMACEUTICALS INC 4.5%

Value ($000) $5,960 Shares 800,000 Est. Cost $4.28 Unrealized +77.8%

CAKE CHEESECAKE FACTORY INC 4.1%

Value ($000) $5,374 Shares 145,000 Est. Cost $30.06 Unrealized +2.8%

— HILL INTL INC 4.0%

Value ($000) $5,261 Shares 2,740,000 Est. Cost $2.30 Unrealized —

— EARTHSTONE ENERGY INC 3.7%

Value ($000) $4,797 Shares 900,000 Est. Cost $3.33 Unrealized —

— OAKTREE SPECIALTY LENDING CO 3.4%

Value ($000) $4,391 Shares 788,387 Est. Cost $4.38 Unrealized —

— ENTERCOM COMMUNICATIONS CORP 3.2%

Value ($000) $4,206 Shares 1,703,005 Est. Cost $3.43 Unrealized —

— IEC ELECTRS CORP NEW 2.9%

Value ($000) $3,794 Shares 280,000 Est. Cost $6.12 Unrealized —

LILAK LIBERTY LATIN AMERICA LTD 2.9%

Value ($000) $3,771 Shares 340,000 Est. Cost $8.81 Unrealized +23.3%

— LEE ENTERPRISES INC 2.7%

Value ($000) $3,588 Shares 2,847,978 Est. Cost $0.95 Unrealized —

— SAFEGUARD SCIENTIFICS INC 2.3%

Value ($000) $3,077 Shares 482,277 Est. Cost $6.38 Unrealized —

CNXC CONCENTRIX CORP 2.3%

Value ($000) $3,020 Shares 30,600 Est. Cost $90.48 Unrealized 0.0%

— PROCESSA PHARMACEUTICALS INC 2.3%

Value ($000) $2,968 Shares 450,000 Est. Cost $6.60 Unrealized —

ASIX ADVANSIX INC 2.2%

Value ($000) $2,899 Shares 145,000 Est. Cost $14.18 Unrealized +10.4%

BWFG BANKWELL FINL GROUP INC 1.9%

Value ($000) $2,495 Shares 127,623 Est. Cost $12.81 Unrealized +18.3%

GIFI GULF ISLAND FABRICATION INC 1.8%

Value ($000) $2,295 Shares 750,000 Est. Cost $3.88 Unrealized -17.9%

PBF PBF ENERGY INC 0.9%

Value ($000) $1,146 Shares 161,365 Est. Cost $23.64 Unrealized -72.4%

TTI TETRA TECHNOLOGIES INC DEL 0.8%

Value ($000) $988 Shares 1,146,595 Est. Cost $0.69 Unrealized 0.0%

— GOLAR LNG PARTNERS LP 0.7%

Value ($000) $933 Shares 361,730 Est. Cost $3.36 Unrealized —

— STEEL CONNECT INC 0.5%

Value ($000) $629 Shares 799,368 Est. Cost $1.64 Unrealized —

— BRISTOL-MYERS SQUIBB CO 0.5%

Value ($000) $621 Shares 900,000 Est. Cost $2.25 Unrealized —

CLDT CHATHAM LODGING TR 0.1%

Value ($000) $86 Shares 7,924 Est. Cost $10.85 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,921,938	$14,550	11.1%	$2.72	+0.6%	COM	294375209
NWSA	NEWS CORP NEW	600,000	$10,782	8.2%	$11.89	+29.7%	CL A	65249B109
BXC	BLUELINX HLDGS INC	334,073	$9,775	7.5%	$16.86	+51.6%	COM NEW	09624H208
SWKH	SWK HLDGS CORP	565,368	$8,136	6.2%	$10.16	+14.0%	COM NEW	78501P203
BBW	BUILD A BEAR WORKSHOP	1,500,000	$6,405	4.9%	$2.88	+13.1%	COM	120076104
—	EMCORE CORP	1,175,000	$6,404	4.9%	$3.65	—	COM NEW	290846203
—	COREPOINT LODGING INC	925,878	$6,370	4.9%	$8.59	—	COM	21872L104
MPC	MARATHON PETE CORP	153,500	$6,349	4.8%	$37.03	-15.5%	COM	56585A102
FENC	FENNEC PHARMACEUTICALS INC	800,000	$5,960	4.5%	$4.28	+77.8%	COM	31447P100
CAKE	CHEESECAKE FACTORY INC	145,000	$5,374	4.1%	$30.06	+2.8%	COM	163072101
—	HILL INTL INC	2,740,000	$5,261	4.0%	$2.30	—	COM	431466101
—	EARTHSTONE ENERGY INC	900,000	$4,797	3.7%	$3.33	—	CL A	27032D304
—	OAKTREE SPECIALTY LENDING CO	788,387	$4,391	3.4%	$4.38	—	COM	67401P108
—	ENTERCOM COMMUNICATIONS CORP	1,703,005	$4,206	3.2%	$3.43	—	CL A	293639100
—	IEC ELECTRS CORP NEW	280,000	$3,794	2.9%	$6.12	—	COM	44949L105
LILAK	LIBERTY LATIN AMERICA LTD	340,000	$3,771	2.9%	$8.81	+23.3%	COM CL C	G9001E128
—	LEE ENTERPRISES INC	2,847,978	$3,588	2.7%	$0.95	—	COM	523768109
—	SAFEGUARD SCIENTIFICS INC	482,277	$3,077	2.3%	$6.38	—	COM NEW	786449207
CNXC	CONCENTRIX CORP	30,600	$3,020	2.3%	$90.48	0.0%	COM	20602D101
—	PROCESSA PHARMACEUTICALS INC	450,000	$2,968	2.3%	$6.60	—	COM NEW	74275C205
ASIX	ADVANSIX INC	145,000	$2,899	2.2%	$14.18	+10.4%	COM	00773T101
BWFG	BANKWELL FINL GROUP INC	127,623	$2,495	1.9%	$12.81	+18.3%	COM	06654A103
GIFI	GULF ISLAND FABRICATION INC	750,000	$2,295	1.8%	$3.88	-17.9%	COM	402307102
PBF	PBF ENERGY INC	161,365	$1,146	0.9%	$23.64	-72.4%	CL A	69318G106
TTI	TETRA TECHNOLOGIES INC DEL	1,146,595	$988	0.8%	$0.69	0.0%	COM	88162F105
—	GOLAR LNG PARTNERS LP	361,730	$933	0.7%	$3.36	—	COM UNIT LPI	Y2745C102
—	STEEL CONNECT INC	799,368	$629	0.5%	$1.64	—	COM	858098106
—	BRISTOL-MYERS SQUIBB CO	900,000	$621	0.5%	$2.25	—	RIGHT 99/99/9999	110122157
CLDT	CHATHAM LODGING TR	7,924	$86	0.1%	$10.85	—	COM	16208T102