Solas Capital Management, LLC Diversified Active

CIK: 0001604867 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $161,060 (100.0% shares, 0.0% debt)

Holdings (23)

EPSN EPSILON ENERGY LTD 11.9%

Value ($000) $19,144 Shares 3,768,467 Est. Cost $3.04 Unrealized +58.9%

FENC FENNEC PHARMACEUTICALS INC 9.6%

Value ($000) $15,467 Shares 1,378,513 Est. Cost $5.93 Unrealized +39.7%

ASTL ALGOMA STL GROUP INC 7.3%

Value ($000) $11,836 Shares 1,180,057 Est. Cost $8.52 Unrealized -13.0%

— ZIMVIE INC 6.8%

Value ($000) $10,953 Shares 617,072 Est. Cost $17.75 Unrealized —

LILAK LIBERTY LATIN AMERICA LTD 6.4%

Value ($000) $10,379 Shares 1,414,094 Est. Cost $8.53 Unrealized -16.6%

FLEX FLEX LTD 6.3%

Value ($000) $10,204 Shares 335,000 Est. Cost $20.01 Unrealized 0.0%

KLG WK KELLOGG CO 6.0%

Value ($000) $9,686 Shares 737,128 Est. Cost $13.14 Unrealized —

AMBP ARDAGH METAL PACKAGING S A 5.8%

Value ($000) $9,281 Shares 2,416,866 Est. Cost $3.84 Unrealized -27.2%

— THE AARONS COMPANY INC 5.6%

Value ($000) $9,014 Shares 828,500 Est. Cost $17.15 Unrealized —

KD KYNDRYL HLDGS INC 4.8%

Value ($000) $7,737 Shares 372,345 Est. Cost $11.79 Unrealized +44.9%

AAP ADVANCE AUTO PARTS INC 4.5%

Value ($000) $7,238 Shares 118,600 Est. Cost $63.61 Unrealized -17.9%

SG SWEETGREEN INC 4.2%

Value ($000) $6,845 Shares 605,747 Est. Cost $10.52 Unrealized 0.0%

SPWH SPORTSMANS WHSE HLDGS INC 3.5%

Value ($000) $5,577 Shares 1,309,117 Est. Cost $7.43 Unrealized -36.2%

FIP FTAI INFRASTRUCTURE INC 3.1%

Value ($000) $5,058 Shares 1,300,361 Est. Cost $2.61 Unrealized +28.8%

CVEO CIVEO CORP CDA 3.1%

Value ($000) $5,005 Shares 219,021 Est. Cost $21.91 Unrealized -6.7%

ONL ORION OFFICE REIT INC 3.0%

Value ($000) $4,775 Shares 834,776 Est. Cost $9.10 Unrealized —

GIFI GULF IS FABRICATION INC 2.3%

Value ($000) $3,770 Shares 870,702 Est. Cost $3.97 Unrealized +1.8%

SNDA SONIDA SENIOR LIVING INC 2.2%

Value ($000) $3,543 Shares 366,752 Est. Cost $23.91 Unrealized -61.0%

LEE LEE ENTERPRISES INC 2.0%

Value ($000) $3,258 Shares 413,997 Est. Cost $17.61 Unrealized -45.4%

MODD MODULAR MED INC 1.1%

Value ($000) $1,848 Shares 1,015,152 Est. Cost $2.49 Unrealized -48.7%

BALL BALL CORP 0.1%

Value ($000) $239 Shares 4,147 Est. Cost $50.04 Unrealized 0.0%

BDN BRANDYWINE RLTY TR 0.1%

Value ($000) $146 Shares 27,000 Est. Cost $5.40 Unrealized —

TDAY GANNETT CO INC 0.0%

Value ($000) $58 Shares 25,000 Est. Cost $2.23 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,768,467	$19,144	11.9%	$3.04	+58.9%	COM	294375209
FENC	FENNEC PHARMACEUTICALS INC	1,378,513	$15,467	9.6%	$5.93	+39.7%	COM	31447P100
ASTL	ALGOMA STL GROUP INC	1,180,057	$11,836	7.3%	$8.52	-13.0%	COM	015658107
—	ZIMVIE INC	617,072	$10,953	6.8%	$17.75	—	COM	98888T107
LILAK	LIBERTY LATIN AMERICA LTD	1,414,094	$10,379	6.4%	$8.53	-16.6%	COM CL C	G9001E128
FLEX	FLEX LTD	335,000	$10,204	6.3%	$20.01	0.0%	ORD	Y2573F102
KLG	WK KELLOGG CO	737,128	$9,686	6.0%	$13.14	—	COM SHS	92942W107
AMBP	ARDAGH METAL PACKAGING S A	2,416,866	$9,281	5.8%	$3.84	-27.2%	SHS	L02235106
—	THE AARONS COMPANY INC	828,500	$9,014	5.6%	$17.15	—	COM	00258W108
KD	KYNDRYL HLDGS INC	372,345	$7,737	4.8%	$11.79	+44.9%	COMMON STOCK	50155Q100
AAP	ADVANCE AUTO PARTS INC	118,600	$7,238	4.5%	$63.61	-17.9%	COM	00751Y106
SG	SWEETGREEN INC	605,747	$6,845	4.2%	$10.52	0.0%	COM CL A	87043Q108
SPWH	SPORTSMANS WHSE HLDGS INC	1,309,117	$5,577	3.5%	$7.43	-36.2%	COM	84920Y106
FIP	FTAI INFRASTRUCTURE INC	1,300,361	$5,058	3.1%	$2.61	+28.8%	COMMON STOCK	35953C106
CVEO	CIVEO CORP CDA	219,021	$5,005	3.1%	$21.91	-6.7%	COM NEW	17878Y207
ONL	ORION OFFICE REIT INC	834,776	$4,775	3.0%	$9.10	—	COM	68629Y103
GIFI	GULF IS FABRICATION INC	870,702	$3,770	2.3%	$3.97	+1.8%	COM	402307102
SNDA	SONIDA SENIOR LIVING INC	366,752	$3,543	2.2%	$23.91	-61.0%	COM	140475203
LEE	LEE ENTERPRISES INC	413,997	$3,258	2.0%	$17.61	-45.4%	COM	523768406
MODD	MODULAR MED INC	1,015,152	$1,848	1.1%	$2.49	-48.7%	COM NEW	60785L207
BALL	BALL CORP	4,147	$239	0.1%	$50.04	0.0%	COM	058498106
BDN	BRANDYWINE RLTY TR	27,000	$146	0.1%	$5.40	—	SH BEN INT NEW	105368203
TDAY	GANNETT CO INC	25,000	$58	0.0%	$2.23	0.0%	COM	36472T109