Solas Capital Management, LLC Diversified Active

CIK: 0001604867 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 14, 2022

Total Value ($000): $164,028 (100.0% shares, 0.0% debt)

Holdings (22)

EPSN EPSILON ENERGY LTD 12.7%

Value ($000) $20,910 Shares 3,308,467 Est. Cost $2.77 Unrealized +101.1%

LILAK LIBERTY LATIN AMERICA LTD 8.0%

Value ($000) $13,204 Shares 2,147,000 Est. Cost $8.93 Unrealized -20.8%

PARR PAR PAC HOLDINGS INC 6.1%

Value ($000) $10,067 Shares 613,481 Est. Cost $15.12 Unrealized +12.3%

AMBP ARDAGH METAL PACKAGING S A 5.7%

Value ($000) $9,281 Shares 1,917,462 Est. Cost $4.30 Unrealized 0.0%

FENC FENNEC PHARMACEUTICALS INC 5.6%

Value ($000) $9,162 Shares 1,131,167 Est. Cost $4.64 Unrealized +48.0%

— THE AARONS COMPANY INC 5.5%

Value ($000) $9,078 Shares 934,000 Est. Cost $18.60 Unrealized —

ASTL ALGOMA STL GROUP INC 5.5%

Value ($000) $9,031 Shares 1,402,260 Est. Cost $8.85 Unrealized -7.3%

FLEX FLEX LTD 5.5%

Value ($000) $9,005 Shares 540,500 Est. Cost $12.57 Unrealized +1.6%

— GARRETT MOTION INC 5.3%

Value ($000) $8,757 Shares 1,256,128 Est. Cost $8.16 Unrealized —

— THE ODP CORP 5.1%

Value ($000) $8,385 Shares 238,547 Est. Cost $38.98 Unrealized —

CAKE CHEESECAKE FACTORY INC 5.0%

Value ($000) $8,228 Shares 281,000 Est. Cost $27.70 Unrealized 0.0%

— HILL INTL INC 4.9%

Value ($000) $8,004 Shares 2,410,719 Est. Cost $2.03 Unrealized —

ONL ORION OFFICE REIT INC 4.4%

Value ($000) $7,271 Shares 831,021 Est. Cost $11.23 Unrealized —

GAP GAP INC 4.2%

Value ($000) $6,921 Shares 843,000 Est. Cost $8.15 Unrealized 0.0%

CGNT COGNYTE SOFTWARE LTD 3.5%

Value ($000) $5,693 Shares 1,409,134 Est. Cost $5.80 Unrealized -18.3%

SNDA SONIDA SENIOR LIVING INC 2.7%

Value ($000) $4,498 Shares 276,971 Est. Cost $27.58 Unrealized -29.1%

LEE LEE ENTERPRISES INC 2.5%

Value ($000) $4,081 Shares 231,895 Est. Cost $21.15 Unrealized -11.9%

GIFI GULF IS FABRICATION INC 2.2%

Value ($000) $3,677 Shares 881,717 Est. Cost $3.97 Unrealized -6.3%

— QUANTUM CORP 2.2%

Value ($000) $3,657 Shares 3,386,000 Est. Cost $1.39 Unrealized —

MODD MODULAR MED INC 1.1%

Value ($000) $1,863 Shares 452,152 Est. Cost $3.90 Unrealized +16.6%

— AUDACY INC 1.1%

Value ($000) $1,738 Shares 4,501,800 Est. Cost $2.40 Unrealized —

NRP NATURAL RESOURCE PARTNERS L 0.9%

Value ($000) $1,517 Shares 34,284 Est. Cost $44.25 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,308,467	$20,910	12.7%	$2.77	+101.1%	COM	294375209
LILAK	LIBERTY LATIN AMERICA LTD	2,147,000	$13,204	8.0%	$8.93	-20.8%	COM CL C	G9001E128
PARR	PAR PAC HOLDINGS INC	613,481	$10,067	6.1%	$15.12	+12.3%	COM NEW	69888T207
AMBP	ARDAGH METAL PACKAGING S A	1,917,462	$9,281	5.7%	$4.30	0.0%	SHS	L02235106
FENC	FENNEC PHARMACEUTICALS INC	1,131,167	$9,162	5.6%	$4.64	+48.0%	COM	31447P100
—	THE AARONS COMPANY INC	934,000	$9,078	5.5%	$18.60	—	COM	00258W108
ASTL	ALGOMA STL GROUP INC	1,402,260	$9,031	5.5%	$8.85	-7.3%	COM	015658107
FLEX	FLEX LTD	540,500	$9,005	5.5%	$12.57	+1.6%	ORD	Y2573F102
—	GARRETT MOTION INC	1,256,128	$8,757	5.3%	$8.16	—	PFD CONV SER A	366505204
—	THE ODP CORP	238,547	$8,385	5.1%	$38.98	—	COM	88337F105
CAKE	CHEESECAKE FACTORY INC	281,000	$8,228	5.0%	$27.70	0.0%	COM	163072101
—	HILL INTL INC	2,410,719	$8,004	4.9%	$2.03	—	COM	431466101
ONL	ORION OFFICE REIT INC	831,021	$7,271	4.4%	$11.23	—	COM	68629Y103
GAP	GAP INC	843,000	$6,921	4.2%	$8.15	0.0%	COM	364760108
CGNT	COGNYTE SOFTWARE LTD	1,409,134	$5,693	3.5%	$5.80	-18.3%	ORD SHS	M25133105
SNDA	SONIDA SENIOR LIVING INC	276,971	$4,498	2.7%	$27.58	-29.1%	COM	140475203
LEE	LEE ENTERPRISES INC	231,895	$4,081	2.5%	$21.15	-11.9%	COM	523768406
GIFI	GULF IS FABRICATION INC	881,717	$3,677	2.2%	$3.97	-6.3%	COM	402307102
—	QUANTUM CORP	3,386,000	$3,657	2.2%	$1.39	—	COM NEW	747906501
MODD	MODULAR MED INC	452,152	$1,863	1.1%	$3.90	+16.6%	COM NEW	60785L207
—	AUDACY INC	4,501,800	$1,738	1.1%	$2.40	—	CL A	05070N103
NRP	NATURAL RESOURCE PARTNERS L	34,284	$1,517	0.9%	$44.25	—	COM UNIT LTD PAR	63900P608