Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value: $143M (100.0% shares, 0.0% debt)

Holdings (19)

EPSN EPSILON ENERGY LTD 13.9%

Value $19.9M Shares 3,768,467 Est. Cost $3.04 Unrealized +63.9%

KD KYNDRYL HLDGS INC 12.1%

Value $17.23M Shares 1,141,181 Est. Cost $11.79 Unrealized +25.8%

FENC FENNEC PHARMACEUTICALS INC 9.1%

Value $12.96M Shares 1,725,567 Est. Cost $5.93 Unrealized +37.2%

AMBP ARDAGH METAL PACKAGING S A 7.6%

Value $10.89M Shares 3,478,792 Est. Cost $3.84 Unrealized -28.8%

ASTL ALGOMA STL GROUP INC 7.3%

Value $10.37M Shares 1,525,461 Est. Cost $8.52 Unrealized -19.8%

— THE AARONS COMPANY INC 7.2%

Value $10.25M Shares 979,006 Est. Cost $17.15 Unrealized —

LILAK LIBERTY LATIN AMERICA LTD 6.5%

Value $9.25M Shares 1,133,532 Est. Cost $8.88 Unrealized -4.5%

AAP ADVANCE AUTO PARTS INC 5.8%

Value $8.362M Shares 149,500 Est. Cost $63.61 Unrealized 0.0%

SPWH SPORTSMANS WHSE HLDGS INC 4.6%

Value $6.585M Shares 1,466,534 Est. Cost $7.43 Unrealized -30.4%

GTX GARRETT MOTION INC 4.5%

Value $6.41M Shares 813,501 Est. Cost $7.96 Unrealized -3.3%

CVEO CIVEO CORP CDA 4.3%

Value $6.158M Shares 297,074 Est. Cost $21.91 Unrealized -17.3%

ONL ORION OFFICE REIT INC 3.9%

Value $5.533M Shares 1,062,010 Est. Cost $9.10 Unrealized —

FIP FTAI INFRASTRUCTURE INC 3.9%

Value $5.505M Shares 1,709,541 Est. Cost $2.61 Unrealized +25.9%

LEE LEE ENTERPRISES INC 3.0%

Value $4.284M Shares 400,011 Est. Cost $17.89 Unrealized -32.0%

SNDA SONIDA SENIOR LIVING INC 2.1%

Value $3.027M Shares 336,680 Est. Cost $25.21 Unrealized -63.3%

GIFI GULF IS FABRICATION INC 2.0%

Value $2.883M Shares 881,717 Est. Cost $3.97 Unrealized -16.1%

— QUANTUM CORP 1.2%

Value $1.711M Shares 2,805,443 Est. Cost $1.29 Unrealized —

MODD MODULAR MED INC 0.8%

Value $1.178M Shares 1,015,152 Est. Cost $2.49 Unrealized -57.3%

NRP NATURAL RESOURCE PARTNERS L 0.3%

Value $461K Shares 5,848 Est. Cost $44.25 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,768,467	$19.9M	13.9%	$3.04	+63.9%	COM	294375209
KD	KYNDRYL HLDGS INC	1,141,181	$17.23M	12.1%	$11.79	+25.8%	COMMON STOCK	50155Q100
FENC	FENNEC PHARMACEUTICALS INC	1,725,567	$12.96M	9.1%	$5.93	+37.2%	COM	31447P100
AMBP	ARDAGH METAL PACKAGING S A	3,478,792	$10.89M	7.6%	$3.84	-28.8%	SHS	L02235106
ASTL	ALGOMA STL GROUP INC	1,525,461	$10.37M	7.3%	$8.52	-19.8%	COM	015658107
—	THE AARONS COMPANY INC	979,006	$10.25M	7.2%	$17.15	—	COM	00258W108
LILAK	LIBERTY LATIN AMERICA LTD	1,133,532	$9.25M	6.5%	$8.88	-4.5%	COM CL C	G9001E128
AAP	ADVANCE AUTO PARTS INC	149,500	$8.362M	5.8%	$63.61	0.0%	COM	00751Y106
SPWH	SPORTSMANS WHSE HLDGS INC	1,466,534	$6.585M	4.6%	$7.43	-30.4%	COM	84920Y106
GTX	GARRETT MOTION INC	813,501	$6.41M	4.5%	$7.96	-3.3%	COM	366505105
CVEO	CIVEO CORP CDA	297,074	$6.158M	4.3%	$21.91	-17.3%	COM NEW	17878Y207
ONL	ORION OFFICE REIT INC	1,062,010	$5.533M	3.9%	$9.10	—	COM	68629Y103
FIP	FTAI INFRASTRUCTURE INC	1,709,541	$5.505M	3.9%	$2.61	+25.9%	COMMON STOCK	35953C106
LEE	LEE ENTERPRISES INC	400,011	$4.284M	3.0%	$17.89	-32.0%	COM	523768406
SNDA	SONIDA SENIOR LIVING INC	336,680	$3.027M	2.1%	$25.21	-63.3%	COM	140475203
GIFI	GULF IS FABRICATION INC	881,717	$2.883M	2.0%	$3.97	-16.1%	COM	402307102
—	QUANTUM CORP	2,805,443	$1.711M	1.2%	$1.29	—	COM NEW	747906501
MODD	MODULAR MED INC	1,015,152	$1.178M	0.8%	$2.49	-57.3%	COM NEW	60785L207
NRP	NATURAL RESOURCE PARTNERS L	5,848	$461K	0.3%	$44.25	—	COM UNIT LTD PAR	63900P608