Solas Capital Management, LLC Diversified Active

CIK: 0001604867 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 17, 2021

Total Value ($000): $118,888 (100.0% shares, 0.0% debt)

Holdings (23)

EPSN EPSILON ENERGY LTD 12.8%

Value ($000) $15,276 Shares 3,921,938 Est. Cost $2.72 Unrealized +18.8%

GLNG GOLAR LNG LTD 8.6%

Value ($000) $10,230 Shares 1,000,000 Est. Cost $10.21 Unrealized 0.0%

BXC BLUELINX HLDGS INC 7.6%

Value ($000) $8,990 Shares 229,390 Est. Cost $16.86 Unrealized +130.5%

SWKH SWK HLDGS CORP 6.9%

Value ($000) $8,220 Shares 565,368 Est. Cost $10.16 Unrealized +11.0%

— HILL INTL INC 6.3%

Value ($000) $7,456 Shares 2,330,000 Est. Cost $2.30 Unrealized —

— THE AARONS COMPANY INC 6.1%

Value ($000) $7,280 Shares 283,500 Est. Cost $25.68 Unrealized —

MPC MARATHON PETE CORP 5.8%

Value ($000) $6,880 Shares 128,630 Est. Cost $37.03 Unrealized +20.5%

— COREPOINT LODGING INC 5.0%

Value ($000) $5,892 Shares 652,503 Est. Cost $8.59 Unrealized —

FENC FENNEC PHARMACEUTICALS INC 4.2%

Value ($000) $4,968 Shares 800,000 Est. Cost $4.28 Unrealized +75.7%

— OAKTREE SPECIALTY LENDING CO 4.1%

Value ($000) $4,888 Shares 788,387 Est. Cost $4.38 Unrealized —

LILAK LIBERTY LATIN AMERICA LTD 3.7%

Value ($000) $4,413 Shares 340,000 Est. Cost $8.81 Unrealized +36.6%

VST VISTRA CORP 3.6%

Value ($000) $4,243 Shares 240,000 Est. Cost $17.90 Unrealized 0.0%

— DONNELLEY R R & SONS CO 3.4%

Value ($000) $4,060 Shares 1,000,000 Est. Cost $4.06 Unrealized —

— SAFEGUARD SCIENTIFICS INC 3.3%

Value ($000) $3,904 Shares 572,482 Est. Cost $6.45 Unrealized —

LEE LEE ENTERPRISES INC 3.1%

Value ($000) $3,733 Shares 145,297 Est. Cost $19.98 Unrealized 0.0%

— ENTERCOM COMMUNICATIONS CORP 3.0%

Value ($000) $3,593 Shares 684,473 Est. Cost $3.43 Unrealized —

BWFG BANKWELL FINL GROUP INC 2.9%

Value ($000) $3,439 Shares 127,623 Est. Cost $12.81 Unrealized +58.1%

GIFI GULF ISLAND FABRICATION INC 2.4%

Value ($000) $2,895 Shares 750,000 Est. Cost $3.88 Unrealized -1.7%

BBW BUILD-A-BEAR WORKSHOP INC 1.9%

Value ($000) $2,276 Shares 329,921 Est. Cost $2.88 Unrealized +80.7%

— PROCESSA PHARMACEUTICALS INC 1.8%

Value ($000) $2,180 Shares 200,000 Est. Cost $6.60 Unrealized —

— STEEL CONNECT INC 1.3%

Value ($000) $1,583 Shares 799,368 Est. Cost $1.64 Unrealized —

— GOLAR LNG PARTNERS LP 1.1%

Value ($000) $1,357 Shares 388,930 Est. Cost $3.37 Unrealized —

PBF PBF ENERGY INC 1.0%

Value ($000) $1,132 Shares 80,000 Est. Cost $23.64 Unrealized -49.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,921,938	$15,276	12.8%	$2.72	+18.8%	COM	294375209
GLNG	GOLAR LNG LTD	1,000,000	$10,230	8.6%	$10.21	0.0%	SHS	G9456A100
BXC	BLUELINX HLDGS INC	229,390	$8,990	7.6%	$16.86	+130.5%	COM NEW	09624H208
SWKH	SWK HLDGS CORP	565,368	$8,220	6.9%	$10.16	+11.0%	COM NEW	78501P203
—	HILL INTL INC	2,330,000	$7,456	6.3%	$2.30	—	COM	431466101
—	THE AARONS COMPANY INC	283,500	$7,280	6.1%	$25.68	—	COM	00258W108
MPC	MARATHON PETE CORP	128,630	$6,880	5.8%	$37.03	+20.5%	COM	56585A102
—	COREPOINT LODGING INC	652,503	$5,892	5.0%	$8.59	—	COM	21872L104
FENC	FENNEC PHARMACEUTICALS INC	800,000	$4,968	4.2%	$4.28	+75.7%	COM	31447P100
—	OAKTREE SPECIALTY LENDING CO	788,387	$4,888	4.1%	$4.38	—	COM	67401P108
LILAK	LIBERTY LATIN AMERICA LTD	340,000	$4,413	3.7%	$8.81	+36.6%	COM CL C	G9001E128
VST	VISTRA CORP	240,000	$4,243	3.6%	$17.90	0.0%	COM	92840M102
—	DONNELLEY R R & SONS CO	1,000,000	$4,060	3.4%	$4.06	—	COM	257867200
—	SAFEGUARD SCIENTIFICS INC	572,482	$3,904	3.3%	$6.45	—	COM NEW	786449207
LEE	LEE ENTERPRISES INC	145,297	$3,733	3.1%	$19.98	0.0%	COM	523768406
—	ENTERCOM COMMUNICATIONS CORP	684,473	$3,593	3.0%	$3.43	—	CL A	293639100
BWFG	BANKWELL FINL GROUP INC	127,623	$3,439	2.9%	$12.81	+58.1%	COM	06654A103
GIFI	GULF ISLAND FABRICATION INC	750,000	$2,895	2.4%	$3.88	-1.7%	COM	402307102
BBW	BUILD-A-BEAR WORKSHOP INC	329,921	$2,276	1.9%	$2.88	+80.7%	COM	120076104
—	PROCESSA PHARMACEUTICALS INC	200,000	$2,180	1.8%	$6.60	—	COM NEW	74275C205
—	STEEL CONNECT INC	799,368	$1,583	1.3%	$1.64	—	COM	858098106
—	GOLAR LNG PARTNERS LP	388,930	$1,357	1.1%	$3.37	—	COM UNIT LPI	Y2745C102
PBF	PBF ENERGY INC	80,000	$1,132	1.0%	$23.64	-49.5%	CL A	69318G106