Solas Capital Management, LLC Diversified Active

CIK: 0001604867 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $187,282 (100.0% shares, 0.0% debt)

Holdings (26)

EPSN EPSILON ENERGY LTD 10.3%

Value ($000) $19,269 Shares 3,608,467 Est. Cost $2.96 Unrealized +68.3%

AMBP ARDAGH METAL PACKAGING S A 6.8%

Value ($000) $12,675 Shares 3,106,517 Est. Cost $3.97 Unrealized -8.5%

— ZIMVIE INC 6.6%

Value ($000) $12,360 Shares 1,709,511 Est. Cost $8.01 Unrealized —

SG SWEETGREEN INC 6.6%

Value ($000) $12,353 Shares 1,575,574 Est. Cost $8.80 Unrealized 0.0%

LILAK LIBERTY LATIN AMERICA LTD 6.4%

Value ($000) $11,904 Shares 1,441,109 Est. Cost $8.93 Unrealized -2.0%

ASTL ALGOMA STL GROUP INC 5.7%

Value ($000) $10,728 Shares 1,327,751 Est. Cost $8.83 Unrealized -18.6%

FENC FENNEC PHARMACEUTICALS INC 5.7%

Value ($000) $10,687 Shares 1,284,543 Est. Cost $5.15 Unrealized +80.1%

KD KYNDRYL HLDGS INC 5.6%

Value ($000) $10,479 Shares 709,951 Est. Cost $10.06 Unrealized +41.1%

CGNT COGNYTE SOFTWARE LTD 5.0%

Value ($000) $9,315 Shares 2,747,837 Est. Cost $4.41 Unrealized -18.2%

— THE AARONS COMPANY INC 4.8%

Value ($000) $8,993 Shares 930,969 Est. Cost $18.14 Unrealized —

CRC CALIFORNIA RES CORP 4.5%

Value ($000) $8,393 Shares 218,000 Est. Cost $38.05 Unrealized 0.0%

GAP GAP INC 4.4%

Value ($000) $8,321 Shares 828,750 Est. Cost $10.91 Unrealized 0.0%

FIP FTAI INFRASTRUCTURE INC 3.6%

Value ($000) $6,660 Shares 2,220,000 Est. Cost $2.61 Unrealized +8.3%

VYX NCR CORP NEW 3.4%

Value ($000) $6,459 Shares 273,808 Est. Cost $14.32 Unrealized +7.3%

SPWH SPORTSMANS WHSE HLDGS INC 3.1%

Value ($000) $5,897 Shares 695,440 Est. Cost $9.18 Unrealized -0.6%

ONL ORION OFFICE REIT INC 2.9%

Value ($000) $5,440 Shares 812,010 Est. Cost $10.30 Unrealized —

FLEX FLEX LTD 2.7%

Value ($000) $5,062 Shares 220,000 Est. Cost $17.30 Unrealized 0.0%

— GARRETT MOTION INC 2.4%

Value ($000) $4,418 Shares 497,000 Est. Cost $8.16 Unrealized —

— QUANTUM CORP 2.3%

Value ($000) $4,287 Shares 3,728,108 Est. Cost $1.29 Unrealized —

LEE LEE ENTERPRISES INC 1.8%

Value ($000) $3,323 Shares 266,880 Est. Cost $20.68 Unrealized -15.1%

GIFI GULF IS FABRICATION INC 1.7%

Value ($000) $3,262 Shares 881,717 Est. Cost $3.97 Unrealized +11.8%

CVEO CIVEO CORP CDA 1.4%

Value ($000) $2,552 Shares 123,600 Est. Cost $26.51 Unrealized 0.0%

SNDA SONIDA SENIOR LIVING INC 1.2%

Value ($000) $2,229 Shares 328,290 Est. Cost $25.62 Unrealized -51.0%

NRP NATURAL RESOURCE PARTNERS L 0.5%

Value ($000) $954 Shares 18,285 Est. Cost $44.25 Unrealized —

MODD MODULAR MED INC 0.4%

Value ($000) $656 Shares 452,152 Est. Cost $3.90 Unrealized -41.7%

— AUDACY INC 0.3%

Value ($000) $605 Shares 4,489,355 Est. Cost $2.25 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,608,467	$19,269	10.3%	$2.96	+68.3%	COM	294375209
AMBP	ARDAGH METAL PACKAGING S A	3,106,517	$12,675	6.8%	$3.97	-8.5%	SHS	L02235106
—	ZIMVIE INC	1,709,511	$12,360	6.6%	$8.01	—	COM	98888T107
SG	SWEETGREEN INC	1,575,574	$12,353	6.6%	$8.80	0.0%	COM CL A	87043Q108
LILAK	LIBERTY LATIN AMERICA LTD	1,441,109	$11,904	6.4%	$8.93	-2.0%	COM CL C	G9001E128
ASTL	ALGOMA STL GROUP INC	1,327,751	$10,728	5.7%	$8.83	-18.6%	COM	015658107
FENC	FENNEC PHARMACEUTICALS INC	1,284,543	$10,687	5.7%	$5.15	+80.1%	COM	31447P100
KD	KYNDRYL HLDGS INC	709,951	$10,479	5.6%	$10.06	+41.1%	COMMON STOCK	50155Q100
CGNT	COGNYTE SOFTWARE LTD	2,747,837	$9,315	5.0%	$4.41	-18.2%	ORD SHS	M25133105
—	THE AARONS COMPANY INC	930,969	$8,993	4.8%	$18.14	—	COM	00258W108
CRC	CALIFORNIA RES CORP	218,000	$8,393	4.5%	$38.05	0.0%	COM STOCK	13057Q305
GAP	GAP INC	828,750	$8,321	4.4%	$10.91	0.0%	COM	364760108
FIP	FTAI INFRASTRUCTURE INC	2,220,000	$6,660	3.6%	$2.61	+8.3%	COMMON STOCK	35953C106
VYX	NCR CORP NEW	273,808	$6,459	3.4%	$14.32	+7.3%	COM	62886E108
SPWH	SPORTSMANS WHSE HLDGS INC	695,440	$5,897	3.1%	$9.18	-0.6%	COM	84920Y106
ONL	ORION OFFICE REIT INC	812,010	$5,440	2.9%	$10.30	—	COM	68629Y103
FLEX	FLEX LTD	220,000	$5,062	2.7%	$17.30	0.0%	ORD	Y2573F102
—	GARRETT MOTION INC	497,000	$4,418	2.4%	$8.16	—	PFD CONV SER A	366505204
—	QUANTUM CORP	3,728,108	$4,287	2.3%	$1.29	—	COM NEW	747906501
LEE	LEE ENTERPRISES INC	266,880	$3,323	1.8%	$20.68	-15.1%	COM	523768406
GIFI	GULF IS FABRICATION INC	881,717	$3,262	1.7%	$3.97	+11.8%	COM	402307102
CVEO	CIVEO CORP CDA	123,600	$2,552	1.4%	$26.51	0.0%	COM NEW	17878Y207
SNDA	SONIDA SENIOR LIVING INC	328,290	$2,229	1.2%	$25.62	-51.0%	COM	140475203
NRP	NATURAL RESOURCE PARTNERS L	18,285	$954	0.5%	$44.25	—	COM UNIT LTD PAR	63900P608
MODD	MODULAR MED INC	452,152	$656	0.4%	$3.90	-41.7%	COM NEW	60785L207
—	AUDACY INC	4,489,355	$605	0.3%	$2.25	—	CL A	05070N103